Today's Top Crypto Headlines:

Qubic Plans Dogecoin Attack | Ethereum Faces $4,800 Resistance | Bitcoin $150K or Crash and more...

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King Fatrick Gil Añasco
August 18, 2025

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Good Morning Crypto Enthusiasts!

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  1. Qubic Plans Dogecoin Attack: AI-driven blockchain Qubic voted to launch a 51% attack on Dogecoin after overtaking Monero’s network. The move highlights proof-of-work vulnerabilities, with founder Sergey Ivancheglo confirming Dogecoin was chosen over Zcash and Kaspa.

  2. Ethereum Faces $4,800 Resistance: Ethereum nears a major sell wall at $4,800, with billions in liquidity stacked at this level. A breakout could trigger a short squeeze, but ETF outflows and exhaustion signals suggest risk of a pullback to $3,375.

  3. 💡Feature of the Day - Bitcoin $150K or Collapse?: Canary Capital’s Steven McClurg predicts Bitcoin could reach $150K in 2025 before a 2026 bear market, citing Fed policies. Bulls like Michael Saylor expect $1M BTC, though others warn such levels would signal economic distress.


    All this and more in today’s headlines!

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📰 News Highlights:

Qubic Targets Dogecoin [Source][Source][Source][Source]

The Qubic community, an AI-driven blockchain, has voted to launch a 51% attack on Dogecoin after successfully overtaking Monero’s network.

This decision came following a month-long mining “war” where Qubic secured majority control of Monero’s hashrate, allowing it to reorganize blocks and demonstrate dominance over its consensus system.

Following the Monero incident, crypto exchange Kraken suspended deposits, citing risks to network integrity, though withdrawals and trading remained unaffected.

The planned Dogecoin attack has heightened concerns about proof-of-work blockchain vulnerabilities, especially when a single entity can concentrate enough hashrate to disrupt consensus.

Qubic founder Sergey Ivancheglo, known as Come-from-Beyond, confirmed Dogecoin was chosen over Zcash and Kaspa after a community vote.

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Ethereum Faces $4,800 Test [Source][Source][Source][Source]

Ethereum is approaching a critical resistance zone at $4,800, described by analysts as a “final boss” due to billions in stacked sell orders.

On-chain data shows concentrated liquidity at this level, making it a formidable barrier. A breakout above could trigger a short squeeze, liquidating shorts and driving Ethereum into price discovery toward new highs.

However, ETF net outflows last week dampened bullish sentiment, signaling potential weakness in institutional demand.

Technical analysis from TradingView warns of exhaustion, suggesting a possible retracement to $3,375 if Ethereum fails to break through resistance.

With both bullish and bearish signals in play, the market sits at a pivotal moment.

💡 Feature of the Day: 

Bitcoin $150K or Crash [Source][Source][Source][Source][Source]

Canary Capital CEO Steven McClurg predicts Bitcoin could hit $140K–$150K this year, supported by strong ETF inflows and institutional adoption.

However, he believes this peak may precede a bear market in 2026, citing macroeconomic risks and the Federal Reserve’s delayed rate cuts.

McClurg expects September and October cuts, but warns that broader economic instability could pressure Bitcoin’s momentum.

His outlook contrasts with bulls like Michael Saylor, who claims “winter is not coming back,” and sees Bitcoin heading toward $1M.

Meanwhile, volatility remains near all-time lows, with analysts noting Bitcoin’s consolidation mirrors gold’s stability.

Galaxy Digital’s Mike Novogratz added that a $1M Bitcoin next year would indicate economic distress, not success, highlighting the uncertainty around Bitcoin’s long-term trajectory.

😂 Crypto Meme of the Day: 

Meme of the day provided by @cryptojobslist

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com