Ethereum Today Analysis On August 11, Ethereum performed strongly, breaking above $4300 again. In the U.S. stock night market, Ethereum reserve concept stocks collectively surged, with Bitmine Immersion Technologies rising over 12%, GameSquare up over 10%, and SharpLink Gaming increasing over 9%. Here is an analysis based on recent data and news:
• Market Performance: As of August 10, 21:06, the price of Ethereum was $4204.47, with a daily decline of 1.32%. The key resistance level is $4332.54, and the support level is $4161.01. The short-term moving averages are in a bearish arrangement, suppressing price rebounds, and the KDJ indicator shows overbought conditions, with the J value breaking through the warning line of 90, indicating a high probability of short-term correction.
• Technical Analysis: From the 4-hour chart, the price trend is forming a series of higher lows within an ascending channel, supported by the 50-period moving average. The RSI is at 70.6, slightly overbought, with the possibility of a pullback, but the MACD is bullish, and momentum is increasing. If the daily closing price is above $4391, it may trigger breakthrough buying, accelerating the rise to $4533; if it can stay above $3972, there is still potential for long-term growth towards $5000.
• Market Driving Factors: The overall performance of the cryptocurrency market has been good recently. On August 9, Ethereum climbed above $4200, with an increase of over 8% within 24 hours, continuing to rise on August 10, breaking above $4300, reaching a new high since the end of 2021. On one hand, institutional investor buying has driven prices up, with whales and institutions accumulating 1.035 million ETH at an average price of $3546 from July 10 to early August, valued at $4.17 billion. On the other hand, PayPal is about to launch a payment feature supporting over 100 cryptocurrencies, including Ethereum, which may increase Ethereum's use cases and demand, positively impacting the price.
Ethereum Today Analysis On August 11, Ethereum performed strongly, breaking above $4300 again. In the U.S. stock night market, Ethereum reserve concept stocks collectively surged, with Bitmine Immersion Technologies rising over 12%, GameSquare up over 10%, and SharpLink Gaming increasing over 9%. Here is an analysis based on recent data and news:
• Market Performance: As of August 10, 21:06, the price of Ethereum was $4204.47, with a daily decline of 1.32%. The key resistance level is $4332.54, and the support level is $4161.01. The short-term moving averages are in a bearish arrangement, suppressing price rebounds, and the KDJ indicator shows overbought conditions, with the J value breaking through the warning line of 90, indicating a high probability of short-term correction.
• Technical Analysis: From the 4-hour chart, the price trend is forming a series of higher lows within an ascending channel, supported by the 50-period moving average. The RSI is at 70.6, slightly overbought, with the possibility of a pullback, but the MACD is bullish, and momentum is increasing. If the daily closing price is above $4391, it may trigger breakthrough buying, accelerating the rise to $4533; if it can stay above $3972, there is still potential for long-term growth towards $5000.
• Market Driving Factors: The overall performance of the cryptocurrency market has been good recently. On August 9, Ethereum climbed above $4200, with an increase of over 8% within 24 hours, continuing to rise on August 10, breaking above $4300, reaching a new high since the end of 2021. On one hand, institutional investor buying has driven prices up, with whales and institutions accumulating 1.035 million ETH at an average price of $3546 from July 10 to early August, valued at $4.17 billion. On the other hand, PayPal is about to launch a payment feature supporting over 100 cryptocurrencies, including Ethereum, which may increase Ethereum's use cases and demand, positively impacting the price.
The principal's square live broadcast room is open for business. Today we bring you the second lesson of the trading classroom: the magical Bollinger Bands (Boll). Everyone is welcome to come and learn and exchange ideas at 5 o'clock 🧧🧧🧧🧧🧧
The financial world is watching closely as the appointment of the new US Federal Reserve Chair could redefine global economic direction.
Interest rate policy, inflation control, and liquidity management are all in play — and crypto isn’t sitting on the sidelines.
💡 A Chair with a hawkish stance may keep rates high, pressuring risk assets like Bitcoin and altcoins.
💡 A dovish leader could trigger a wave of liquidity, fueling potential rallies in both traditional and digital markets.
For traders and investors, this isn’t just political theater — it’s a shift that can impact everything from USD strength to DeFi yields. Stay alert, follow the data, and remember: global policy decisions ripple straight into your portfolio.
From 'Data Ruins' to 'Value Gold Mines', $C Activates Web3's Information Wealth
The massive data of Web3 once resembled 'unexploited ruins'—dispersed, chaotic, and difficult to convert into value. However, Chainbase, built by @Chainbase Official , is using a decentralized architecture driven by $C to refine these 'ruins' into directly usable 'data gold mines', allowing blockchain information to transition from 'storage' to 'value-added'.
Chainbase's core capability lies in 'data purification': the real-time indexing system can complete on-chain data updates within 1 second, ensuring the 'ore' freshness; the cross-chain query function acts like a 'ore sorting machine', accurately extracting the required information from multiple chains through a unified interface; zero-knowledge proof technology serves as a 'quality inspection instrument', guaranteeing that every piece of 'purified data' is authentic and trustworthy. This capability has already attracted over 20K developers, relying on its 'refining results' for everything from real-time asset monitoring in DeFi to rarity analysis in NFTs #chainbase .
C symbolizes the 'mining rights': paying C grants access to advanced data APIs (i.e., 'mining tools'), staking C can turn one into a 'mining site' (node) to participate in profit sharing, and holding C allows voting to decide the development priority of 'new veins' (new chains). Out of a total supply of 1 billion C, 40% is allocated for ecological incentives, and 13% for airdrops, ensuring more people can participate in 'mining dividends'. As Web3 enters the 'data value era', Chainbase powered by C is enabling everyone to benefit from information wealth.
#chainbase awakens blockchain data from 'slumber' to 'awakening'. #chainbase redefines the wealth attributes of data with $C .
@Lagrange Official grange is leading the charge in zero-knowledge technology, building the infrastructure that powers scalable, private, and verifiable computation across blockchain and AI ecosystems. At the core of this innovation is $LA, the native utility token fueling Lagrange’s decentralized Prover Network and zkML systems.
A modular cryptographic platform enabling zero-knowledge proofs (ZKPs) for AI, rollups, and smart contracts. Creator of DeepProve, the fastest zkML inference engine for verifying AI outputs without exposing model data. Builder of the ZK Coprocessor, allowing smart contracts to offload heavy computations and verify results on-chain.
Proof Subsidization: Stake or delegate $LA to provers, reducing costs for ZK rollups and AI verification. Governance: Token holders shape protocol upgrades and network economics. Incentives: Aligns interests of clients, provers, and holders in a self-sustaining cryptographic economy.
Lagrange is backed by top-tier partners like Nvidia, Intel, Coinbase Cloud, Kraken, Polygon, and ZKsync, and is rapidly becoming the backbone of verifiable AI and modular rollups. With $LA now listed on major exchanges and its ecosystem expanding, the token is gaining traction as a key asset in the future of decentralized computation.
From cross-chain DeFi lending to game state synchronization, Lagrange is solving real-world problems with cryptographic precision. $LA isn’t just a token—it’s the fuel for a new era of trustless, scalable infrastructure. #Lagrange
On August 10, U.S. Vice President Vance stated that the United States is arranging for Putin and Zelensky to sit down and discuss a timeline for ending the conflict. He believes that having Russian President Putin meet with Ukrainian President Zelensky before meeting with U.S. President Trump will not be effective. (Jinshi)
🚨How I Make $20–$25 Every Day on Binance Without Spending a Single Cent🚨
What if I told you that you could make up to $25 a day on Binance without putting in a single dollar? It sounds crazy, but I’ve been doing it for a while and it’s 100% real. Here’s exactly how I pull it off.
1. P2P Arbitrage
I buy crypto cheaper on Binance P2P and sell it for a slightly higher price. It’s all about watching the price gaps and acting quickly. Even small profits stack up fast when you repeat the process.
2. Learn & Earn
Binance has campaigns where you watch short videos, take a quick quiz and get rewarded in tokens. It’s super easy and perfect if you’re just starting out.
3. Airdrops & Promotions
From token launches to contests, Binance constantly gives away free crypto. I check the Rewards Center daily so I never miss an opportunity.
4. Referral Program
I share my Binance referral link with friends. When they start trading, I earn a commission. Over time, this turns into a steady passive income.
5. Staking & Savings
Any free tokens I earn go straight into staking or flexible savings. This way, my holdings grow automatically while I sleep.
6. Freelance & Get Paid in Crypto
I use my skills like writing, design or coding to take freelance jobs that pay in USDT, BNB or BTC. More and more clients are paying in crypto these days.
Bottom line You don’t need money to start earning on Binance. With the right mix of active strategies like P2P arbitrage and referrals, plus passive ones like staking and Learn & Earn, you can easily make $20–$25 a day. The secret is consistency and staying active. #BinanceEarn #Airdrop
The differences between Binance Alpha and Inscription, as well as their respective advantages and disadvantages.
Recently, many people have asked me in the background, 'Morning light, is Binance Alpha the same as Inscription? Which one should I play?' Let me set the record straight: it's not the same track, don't mix them up. Let's break it down first. 1. What is Binance Alpha? To put it simply, Binance Alpha is a 'new coin early bird channel' launched by Binance, with the core selling point being early access to potential new projects. Its gameplay leans towards official selection + early trading, the basic logic is: Binance will first select some new projects to be listed on the Alpha section; You can buy in before it enters the mainboard and before liquidity fully explodes;
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@Solayer uses InfiniSVM to create ultra-fast hardware-accelerated Layer 1, supporting millions of TPS and low latency! #BuiltonSolayer combines with the Emerald card, earn rewards while spending, $SAYER is truly a new artifact for on-chain payments! Have you tried it?
$PROVE is really amazing, I'm slapping my thigh for missing out! How about you?
In hindsight, it might be said that a certain teacher called for attention, so why not pay attention? Why didn't we go all in after seeing it later? But this is ultimately external. When researching a project, the project's technical breakthroughs, profit models, and financing are definitely key factors to focus on.
Succinct Labs, which raised $55 million, is a great example; their ZK technology is incredible! SP1 zkVM directly lowers the ZK development barrier to the floor. SP1 Hypercube boosts TPS from 15-20 to over 10,000+ using parallel algorithms and optimized compilers, with latency down to the millisecond level. Moreover, their lightweight framework has already begun to be applied to Google Wallet's ZK age verification.
Most importantly, the profit model of $PROVE has been successfully validated! Real needs like Rollup and cross-chain bridges drive proof generation, and clients are paying with real money. Polygon AggLayer has improved efficiency by ten times after optimization, and the decentralized Prover network can continuously reduce costs, with over 35 paying customers already. The ZK market is expected to grow over 300% annually. Unlike single-chain projects that rely solely on their own transaction fees, it acts as a “toll” for the entire ZK market, where whoever uses it pays, presenting enormous potential.
The mainnet of $PROVE went live on August 5th, and the coin price has performed brilliantly, but don’t think you missed out just because it has risen; some teachers say to heavily invest if it’s below 1U, and the facts prove that truly good projects don’t drop below 1U and still perform amazingly! Additionally, the promotional activities of Kaito and Binance can be joined, posting tweets on X and the square to climb the rankings and earn rewards—two birds with one stone; technical players can still run the testnet and use SP1 zkVM to develop DApps for ecological rewards.
Remember to join Discord: https://discord.com/invite/succinctlabs
Blockchain data has long been 'information islands' scattered across various chains—Ethereum's transaction records, BSC's contract data, and Polygon's user behavior, disconnected and difficult to integrate. Until @Chainbase Official broke the deadlock with the 'Artificial Intelligence Super Data Network', weaving multi-chain data into a 'neural network' that can be directly accessed by AI through a four-layer architecture, while $C , as the native ecological token, is becoming the core energy driving all of this.
Chainbase's innovation lies in making blockchain data 'usable and easy to use': the data access layer aggregates on-chain and off-chain information, ensuring authenticity through zero-knowledge proofs; the co-processor layer allows developers to write 'manuscript' scripts to process data, enabling creators to earn rewards from each use; the execution layer's CVM virtual machine supports large-scale parallel processing, paired with EigenLayer for re-staking to ensure security; the consensus layer achieves rapid finality through the CometBFT and DPoS mechanisms. This architecture enhances data query speeds by 10 times, with over 500B data access records validating its efficiency #chainbase .
The multiple roles of C make the ecosystem operate more efficiently: developers use C to pay for data query fees, node operators stake C to maintain the network and earn rewards, and holders participate in governance using C to decide on functional upgrades. Investments from giants like Tencent and Sequoia Capital China further highlight its infrastructure value. When AI needs high-quality blockchain data to train models, and when DApps require cross-chain information to support functions, Chainbase driven by $C is becoming the 'neural hub' of the Web3 data economy.
#chainbase connects multi-chain data from being isolated to interlinked. #chainbase strengthens the data infrastructure with a four-layer architecture.
$BB Unlocking a New Dimension of Earnings with CeDeFi
Bitcoin holders no longer have to passively wait for appreciation—@BounceBit 's innovative CeDeFi framework is integrating ‘Centralized Finance + Decentralized Network’ to unleash the diverse earning potential of BTC. As the core ecological token, $BB acts like a master key, connecting resources from traditional financial giants like BlackRock while opening up value-added channels for on-chain staking, fundamentally reconstructing the earning logic of crypto assets.
BounceBit's breakthrough lies in the 'Institutional Strategy Democratization' of the #BounceBitPrime module: It collaborates deeply with top asset management institutions like Franklin Templeton to transform RWA (Real World Assets) earning strategies, originally accessible only to high-net-worth individuals, into tokenized products that can be traded on-chain. Ordinary users simply need to cross-chain map BTC to BBTC to simultaneously obtain dual returns—the staking rewards from the DeFi ecosystem and stable interest from traditional assets like government bonds and high-quality bonds. This design of 'One Asset, Dual Track Appreciation' allows Bitcoin to upgrade from 'Value Storage' to 'Earning Engine' #BounceBitPrime .
BB's role is indispensable: Staking BB and BBTC can become network validators, sharing block rewards and transaction fees; holding BB unlocks advanced strategies in the Prime module, directly increasing the earning tier by 15%; during protocol governance participation, BB holders can vote to determine new institutional cooperation directions. Currently, BB has been listed on mainstream platforms like Binance, making the whole process from 'Buying Tokens' to 'Activating Earnings' fully visualized, allowing even crypto newcomers to quickly get started. When the earning model of Bitcoin shifts from 'Single Waiting' to 'Active Appreciation,' this transformation led by BB may be the ultimate answer for BTC holders.
#BounceBitPrime removes barriers to institutional-level earnings.