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$18.5 billion in short positions could be liquidated if Bitcoin reaches $130K, potentially fueling a massive price spike.Massive Short Positions Under PressureWhy $130K Is the Critical LevelMarket Outlook Ahead
The US national debt has reached a historic $37 trillion, raising concerns over economic stability and inflation.A New Debt Milestone for the USEconomic Risks and Inflation ConcernsImpact on Markets and Alternative Assets
Historical patterns suggest Dogecoin could be gearing up for another massive rally.Historical Cycles Fuel Bullish SpeculationWhy the “Moonshot” Narrative ReturnsRisks and Rewards for Traders
Eric Trump warns against shorting Ethereum, predicting ETH could soon hit $8,000.Eric Trump’s Bold Call on ETHWhy $8,000 Could Be PossibleMarket Reaction and Caution
- 13:32Qubic Releases Monero 51% Attack Experiment Report: 6 Blocks Reorganized, 60 Blocks OrphanedOn August 15, it was reported that Qubic announced it had achieved over 51% hash rate control on the Monero network, resulting in the reorganization of 6 blocks and 60 blocks becoming orphaned. Preliminary reports indicate that within two hours, Qubic mined 80% of Monero’s total blocks. During this period, approximately 750 XMR and 7 million XTM were mined. The unsold Tari from the previous round, combined with the 7 million XTM, led to a total of 17.2 billion QUBIC being burned, with an average price of about 3,200 QUBIC per billion, equivalent to roughly $55,000. Computors and miners received a total reward of 62.2 billion QUBIC, valued at around $200,000. The network’s peak hash rate reached 2.71 GH/s, accounting for 52% of the global Monero hash rate. A total of 5,506 Monero blocks were mined. Data shows that Qubic currently offers miners nearly four times the earnings of Monero. The 51% Monero experiment is still ongoing.
- 13:23Hyperbeat, a Yield Protocol Built on HyperLiquid, Secures $5.2 Million in Seed FundingAccording to Jinse Finance, Hyperbeat, a yield protocol built on the decentralized exchange HyperLiquid, has announced the completion of a $5.2 million seed round. The round was co-led by ether.fi Ventures and Electric Capital. The new funds will be used to build yield infrastructure for traders, protocols, and institutions within the Hyperliquid ecosystem.
- 13:02Fed Officials Say Rate Cuts Could Be Considered If Inflation Does Not SpiralAccording to ChainCatcher, citing Jinshi News, Federal Reserve official Goolsbee stated that if there are signs in September or later in the fall indicating that the economy is not caught in an inflationary spiral, the Federal Reserve could consider cutting interest rates.