$C / USDT – Long Trade Setup current price: $0.2991 Support | E L E N on Binance Square

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$C / USDT – Long Trade Setup current price: $0.2991
Support Level: $0.29 (short-term), key at ~$0.25 if breakdown  
Resistance Level: $0.32–0.35 region  
Targets:
• TP1: $0.32
• TP2: $0.35
• TP3: $0.40 Final Target
Stop Loss: below $0.25 to limit downside risk
Clean risk/reward if support holds and momentum resumes.
@Chainbase Official  #Chainbase $C 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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You’ve hit the nail on the head 🎯 —

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🚀 Ethereum isn’t being replaced—it’s supercharged

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The $2 billion+ XRP move you’re seeing was Ripple performing its regular monthly escrow lock, not dumping into exchanges. However, broader whale activity has pushed nearly 720 million XRP to exchange addresses in the past 24 hours, which is triggering bearish sell‑off fears. 🧾 What actually happened On August 2, Ripple transferred 700 million XRP (≈ $2 billion) back into escrow in three tranches (100m, 500m, 100m), as per Whale Alert data — this aligns precisely with its planned August unlock operation. About 300–400 million XRP was retained outside escrow for operational use. Rather than supplying extra tokens into circulation, this move reduces circulating supply, adding a deflationary tilt momentarily and supporting price stability. 🔻 Why the sell-off headlines matter — and what’s truly concerning In parallel, on‑chain analysts (e.g. Xaif via Coin World) flagged ~719 million XRP transferred to exchange wallets within 24 hours — a common precursor to sell-side pressure. This activity coincided with a ~7% drop through the key $3.00 support level. Such movements often amplify volatility when large holders reposition or cash out amid technical breakdowns. The market is watching wallet-to-exchange flows closely. 🧠 Bottom line & watch-points Signal Interpretation Escrow lock Typical supply management — not bearish Exchange inflow Potential sell-off warning if funds get sold Price action Breaking below $3 increases risk; reclaiming $3.15–3.30 is key for stabilization ✅ In summary: The $2B Ripple transfer is routine supply management, not a sell-off. But the unusual volume of XRP hitting exchanges is triggering short-term sell-off anxiety. If those funds stay on-chain or are redeployed, price may stabilize near $3.00. A sustained break below $2.95 could push toward $2.65, while holding above $3.20–3.30 would likely keep market sentiment steadier. Monitor wallets tied to exchange deposits, derivatives liquidations, and technical levels — they’re the real forward risk signals.

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🛡️ Elon’s Grok‑answer status check — right on target ✅ Verdict: Near‑0% risk in 2025–2030, and still under ~10% cumulative chance by 2035. Bitcoin remains cryptographically safe for now. 🧠 Why that makes sense — the key points Topic Why Bitcoin isn’t breaking soon Shor’s algorithm To break secp256k1 in about 1 day, classical estimates require at least ~1.3×10⁷ high‑quality physical qubits; a 10‑minute crack would need nearly 2×10⁸, and faster still up to 10⁹–10¹⁰ qubits . Logical‑qubit counts in top papers target ~2 330 (or 1 500) qubits for full ECDSA break, but that still demands huge fault‑tolerant hardware . Current hardware Most advanced machines (Google’s ‘Willow’, IBM, IonQ, etc.) still have <500 noisy qubits with high error rates, no error correction — many orders-of-magnitude below breaking capability . Expert forecasts Michele Mosca (Univ. Waterloo): ~1‑in‑7 odds for any public‑key crypto being broken by 2026; 1‑in‑2 by 2031. But those risks ACCUMULATE across all systems—Bitcoin, with ECC and best practices, is still better protected than many target algorithms . Standards preparation NIST urges transition to post‑quantum crypto by 2035; IBM roadmap shows only thousands of qubits by 2033 — far too few for practical Shor’s scaling on secp256k1 . Address hygiene Most BTC today sits in P2WPKH / P2WPSH / P2TR addresses that never expose public keys on‑chain unless spent. Those funds remain quantum‑safe even as attacks progress—as long as users follow best practice . 🪙 TL;DR for Alex-and-Everwit: Quantum can break ECDSA-with-Shor theoretically, but: It’s cryptographically safe for the next ~5 years – current quantum systems are wildly inadequate. Cumulative risk remains very low (≪10%) by mid‑2030s, barring unforeseeable breakthroughs. Bitcoin protocol upgrades (e.g. quantum‑resistant address soft‑forks) are planned well in advance, giving the ecosystem ample time to adapt.

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At a glance, yes — Ethereum has quietly turned 10 years old as of July 30, 2025 (and today, August 2, 2025, marks its 10‑year and 3‑day milestone) when the genesis block of the Frontier mainnet was first mined. 🚉 Ethereum as the Rail of Tokenized Finance Stablecoins (the backbone of tokenized dollars & rails): As of Q2 2025, Ethereum L1 secures over $123 billion in stablecoins—more than 50 % of the global stablecoin market—enabling 24/7 transfers, cross‑border settlement, and programmability via smart contracts . Tokenized real-world assets (RWAs): Out of >$250 billion in tokenized assets, Ethereum is the settlement layer for ~55 %, spanning U.S. Treasuries, real estate, private credit, NFTs, and more . Some real-time metrics show Ethereum’s network controlling up to 83.7 % of total RWA market capital today . Decentralized Finance Stuff: Ethereum supports **~$75 billion in DeFi TVL **, processing millions of transactions daily across lending, token pairs, and collateralized tokens—none of which exist without ETH’s EVM-based rails. 🏢 Institutional Demand: ETH as a Corporate Treasury Hold To mark its 10th anniversary, crypto corporate treasuries collectively crossed $100 billion in ETH and BTC holdings—with corporates now owning ~1 % of all ETH supply and expected to aim for double-digit percentages in coming years 🔍 Why This Matters Ethereum isn’t just “smart contracts” — it’s the plumbing beneath tokenized finance: stablecoins, tokenized securities, and even central-bank digital currency pilots. No flashy buzz, just economic utility. Major asset managers, including BlackRock (see their BUIDL fund) and Fidelity, issue tokenized products on Ethereum because its ecosystem is proven, secure and programmable. Effectively, Ethereum at 10 has become nearly invisible—not because it’s fading, but because it’s fully embedded in how global finance now flows: digitally, atomically, and frictionlessly.

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