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Plus: Bitcoin under $73K... is this just the beginning?

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GM. We're serving the pure, unfiltered press straight from the crypto orchard.

Have a taste:

🍍 Crypto charts falling, nerves rising;

🔐 Toolkit for quantum-resistant security;

🍋 US avoids shutdown, TIRX may get huge BTC stash + more

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🍍 Market flavor today

Fear and Greed Index
Find out more about the Fear & Greed Index here.

 Crypto Market Cap: $2.44T -3.52% (24H)
  Name   Price 24H 7D
Bitcoin Bitcoin BTC $72,388.10 -3.47% -19.19%
Ethereum Ethereum ETH $2,119.23 -3.73% -29.40%
BNB BNB BNB $712.94 -4.75% -20.67%
XRP XRP XRP $1.52 -2.65% -20.74%
Prices as of 01:00 PM EST. Click here to see live data.

Yeah... crypto is the boxer, and we're the punching bags 🥲

👉 Bitcoin dipped to $73K, a level we haven't visited since 2024;

👉 Ethereum followed;

👉 And so did basically everything else.

In the process, the market lost hundreds of billions of dollars in total value.

And the reason is still macro fear doing macro fear things.

Stocks have been shaky. Rates jumpy. Risk appetite thinning out.

When the broader market gets nervous, crypto doesn't get special treatment - it gets sold first, unfortunately. Classic risk-off behavior.

Bitcoin price chart from BitDegree, 02-04

Source: BitDegree

Then came the part traders hate admitting: leverage blew it up.

Once Bitcoin went under $75K, the market didn't debate whether that level "should" hold. It just reacted: stops triggered, futures positions got liquidated.

Over the past day, we had $807.93M in forced crypto liquidations.

And what happens next depends less on crypto Twitter and more on the outside world:stocks, rates, liquidity.

👉 If risk assets stabilize, crypto can find its footing.

👉 If not, the market may keep poking lower until real demand shows up.

So yeah, that's the vibe. A market that flew too close to the leverage sun, got reminded how gravity works, and is now standing still for a beat... checking its balance before the next move.

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🥝 Memecoin harvest

Today's pump squad is flexing harder than Vitalik's dance moves 💃

Data as of 09:34 AM EST.

Check out these memecoins and plenty more here.

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🔐 Toolkit for quantum-resistant security

You lock your front door every night. Solid lock. Heavy door. You sleep just fine.

But imagine one day someone says, "Hey... in a few years, there'll be a kind of key that can open every lock like yours in seconds."

You wouldn't panic today - but you'd probably start thinking about upgrades.

That's basically the vibe of today's crypto news story.

Cheeto doorlock meme

Most blockchains today are protected by cryptography that's rock-solid for normal computers (the kind we all use: laptops, servers, GPUs - no problem).

But there's a different kind of computer on the horizon: quantum computers.

They don't just compute faster - they compute differently. And if they reach a certain level, they couldcrack the cryptographic "locks" that protect wallets, transactions, and identities across crypto.

Not tomorrow. Not next year. But someday realistic enough that engineers are already losing sleep over it.

And this week, a team called 01 Quantum, working with qLABS, launched something pretty unusual:

👉 A toolkit made to help blockchains upgrade themselves to quantum-resistant security - before quantum computers become a real threat.

The toolkit is designed so existing blockchains can migrate away from cryptography that quantum machines could eventually break, without forcing a disruptive hard fork or freezing the network.

Alongside that, they announced a new token, qONE, which will live on Hyperliquid and is meant to power this ecosystem - incentives, tooling, coordination, the usual plumbing stuff that keeps infrastructure projects alive.

qLABS tweet about quantum migration toolkit

Source: @qlabsofficial

Now, here's what this launch signals:

Crypto is starting to think like critical infrastructure, not just experimental tech.

Banks, governments, and large institutions already plan decades ahead for threats that don't exist yet. Crypto, historically, has been more reactive: fix things after they break.

This flips that mindset.

If quantum computing ever reaches "Q-Day" (the moment it can realistically break today's cryptography), the chains that haven't prepared could be in real trouble: wallet keys exposed, old transactions vulnerable, trust shaken.

But there's something to keep in mind:

👉 This doesn't mean quantum computers are about to nuke Bitcoin tomorrow. They're not.

👉 It does mean, however, that the industry is mature enough to say, "We should future-proof now, while no one's panicking."

And this shows that crypto's growing up.

👉 Early crypto was about proving something worked at all.

👉 Mid-stage crypto was about scaling and speculation.

👉 This phase? It's about durability - building systems meant to survive not just market cycles, but technological revolutions.

So, back to the lock analogy.

You don't replace your locks because someone's breaking in tonight.

You replace them because you know the world changes, and you'd rather stay ahead of it than scramble later.

That's what this move is. Not panic. Just crypto realizing it wants to be around for the long haul.

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🍋 News drops you can't miss

🇺🇸 The US is about to end its shutdown - after the House passed a funding bill that the Senate already okayed. All that's left is Trump putting his signature on it.

💰 Tian Ruixiang Holdings (TIRX) made a deal to swap company shares for up to 15,000 BTC from an unnamed investor. This agreement might give them a massive boost in crypto holdings.

📈 VistaShares dropped a new ETF called BTYB on the NYSE. It mainly holds US Treasury stuff but spices things up with some Bitcoin through options.

🔮 Crypto.com has spun out its prediction markets into a separate platform called OG. It's set up to go head-to-head with Polymarket and Kalshi.

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🍌 Juicy memes

Meme about the contrasting experiences of new and experienced traders dealing with risks.

Source: @CryptoMemes

Meme about skepticism towards learning cryptocurrency and blindly trusting the government.

Source: @CryptoTea_

Meme about finding peace after financial loss and the end of stress.

Source: @Trader_Theory

Gode S. Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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