A massive buy wall has formed around $1,800 for $ETH
This means there's strong demand waiting below the current price
If sellers push ETH lower buyers will need to defend this level to avoid a deeper move
Let's hope buyers show up
The Former $BNB Chain Employee Behind ASTEROID:
- a former BNB Chain employee creates a wallet for an educational video tutorial
- the wallet is used to deploy the TST tutorial token
- the employee later leaves the company
- the employee retains unauthorised access to the wallet's seed phrase.
August 2026:
- the same wallet deploys a new meme token called $ASTEROID
- traders believe the token is connected to BNB Chain
- The narrative spreads rapidly across CT
- ASTEROID reaches a $10 million market cap in around 4 hours
- Trading volume surpasses $20.5 million
BNB Chain releases an official statement:
- The company says it did not create, authorise, promote or endorse the token
- BNB Chain says the former employee acted independently
- The company confirms the employee retained unauthorised access to the wallet after leaving
- Legal action is announced against the former employee
Was COVID actually leaked from a lab?
This recently released U.S. government report says COVID most likely came from a lab
Here's everything you need to know
> After nearly two years of investigating the pandemic, a U.S. government committee released its final 557 page report with one conclusion that immediately stood out
> It says COVID 19 most likely began because of a laboratory or research related accident not a natural spillover
> According to the report, several researchers at the Wuhan Institute of Virology became sick with COVID like symptoms in late 2019 before the outbreak was publicly known
> It also says the lab had a published history of gain of function research and worked with genetically engineered SARS like viruses
> The report argues some of that work was carried out under biosafety conditions that increased the risk of an accidental exposure
> It also criticizes the 2020 paper "The Proximal Origin of SARS CoV 2" saying it was prompted to push back against the lab leak theory
> The report raises questions about EcoHealth Alliance, NIH oversight and U.S. funding connected to coronavirus research in Wuhan
> It also says years of searching have still not produced a confirmed natural animal source that directly explains how COVID first infected humans
> Whether you agree with the report or not one thing has clearly changed
> A theory that was once widely dismissed is now being presented as the most likely explanation in this U.S. government investigation
Over $2.8B in short positions could get liquidated in $ETH
Right now a lot of traders are betting against Ethereum
If they're wrong and ETH reaches around $2,125 many of those bets could be wiped out
If that happens it could send Ethereum even higher
Every major crypto bear market has wiped out some of the industry's biggest companies
2015:
- CoinTerra files for bankruptcy
- Buttercoin shuts down
- the Bitcoin Foundation nearly runs out of money
2018:
- BitConnect collapses
- Cryptopia enters liquidation
- crypto companies begin laying off employees
2022:
- Terra collapses
- Three Arrows Capital goes bankrupt
- Celsius freezes withdrawals
- Voyager files for bankruptcy
- FTX collapses
- BlockFi files for bankruptcy
2026:
- BitMart announces the shutdown of its trading platform
- BitMEX begins winding down after 11 years
- AscendEX announces it is shutting down
- around 100 crypto projects have already shut down or filed for bankruptcy
Learn Web3 Marketing for FREE:
- MoonPay just showed how Web3 marketing should actually work.
- most crypto projects spend millions on KOLs campaigns
- MoonPay took a different approach
- instead of rewarding influencers
- they rewarded early users
- users connected ChatGPT or Claude
- set up a PayBox account
- linked their X profile
- and claimed free $USDC
- some received $10, $50, $100
- a few even got $500+
- X timeline immediately filled with PayBox screenshots posts
- creators started posting tutorials on their own
- the campaign spread organically across CT
The Never Ending War Between Russian Governments and Pavel Durov:
- Pavel Durov builds VK into Russia's largest social network
2011:
- the Russian government asks VK to remove opposition groups during mass protests
- Durov refuses
- instead of complying, he publicly mocks the request
2014:
- Russian authorities request data on Ukrainian users
- Durov refuses again
- he loses control of VK
- leaves Russia a few months later
- focuses entirely on building Telegram
2018:
- Russia demands Telegram's encryption keys
- Durov refuses to hand them over
- Russia bans Telegram across the country
- millions of users continue accessing the app despite the ban
- Telegram becomes a symbol of online privacy and free speech
2024:
- French authorities arrest Durov
- prosecutors accuse Telegram of failing to adequately moderate criminal activity
- Telegram updates its moderation policies
- the platform begins sharing IP addresses and phone numbers when presented with valid legal requests
- private messages remain end to end protected from routine access
2026:
- Russia charges Durov with facilitating terrorism
- authorities accuse Telegram of allowing channels used for recruitment and sabotage
- an international arrest warrant is issued
- Telegram does not publish a lengthy response
- instead, it posts a photo of Durov giving the middle finger
- Durov's position remains unchanged
"We are prepared to leave markets that are not compatible with our principles."
"We would rather shut Telegram down in a certain country than break our promise to users."