Bitcoin son dönemde peş peşe gelen olumsuz gelişmelere rağmen sert bir satış dalgasıyla karşılaşmadı. Bitwise CIO’su Matt Hougan, piyasanın kötü haberlere verdiği tepkinin zayıflamasının Bitcoin’in mevcut düşüş döneminin dibine yaklaşmış olabileceğine işaret ettiğini söyledi.
Hougan’ın dikkat çektiği gelişmeler arasında Strategy’nin Bitcoin satışları, STRC hissesindeki gerileme, CLARITY Act‘e ilişkin beklentilerin düşmesi ve 116 milyon dolarlık Coldcard saldırısı bulunuyor. Bu gelişmelere rağmen Bitcoin’in güçlü bir şekilde gerilememesi, piyasanın önceki düşüş dönemlerinden farklı davrandığını gösteriyor.
Bitcoin Kötü Haberlere Neden Direniyor? Strategy‘nin Bitcoin satmaya başlaması, son dönemde piyasadaki en dikkat çekici gelişmelerden biri oldu. Aynı dönemde şirketin STRC olarak bilinen imtiyazlı hissesi de 75 dolar seviyesine doğru geriledi.
Buna rağmen Bitcoin sert bir satış dalgasına girmedi.
CLARITY Act’in kabul edilme ihtimali de daha önce yüzde 40’ların ortasındayken yüzde 10’lu seviyelere kadar geriledi. Üstelik Coldcard saldırısında yaklaşık 116 milyon dolarlık Bitcoin çalındı.
Hougan’a göre bu gelişmelerin hiçbiri Bitcoin’de geçmiş ayı piyasalarındaki kadar sert bir tepki yaratmadı.
Bu noktada onun dikkat çektiği asıl değişim ortaya çıkıyor: Piyasa kötü haberlere eskisi kadar duyarlı değil.
Bu Gerçekten Bitcoin’de Dip Sinyali mi? Hougan, bunun kesin bir dip ilanı olmadığını özellikle vurguluyor. Ona göre mevcut tablo yalnızca izlenmesi gereken bir sinyal.
Geçmiş ayı piyasalarında BTC kötü haberlere aşırı tepki verirken olumlu gelişmeleri sınırlı fiyatlıyordu. Şimdi ise olumsuz haber akışına rağmen fiyatın görece dirençli kalması, satış baskısının zayıflamış olabileceğini düşündürüyor.
Hougan, bu nedenle “kripto kışının” dibine yaklaşılmış olabileceğini ve yılın geri kalanında daha güçlü bir toparlanmanın yaşanabileceğini düşünüyor.
Ancak bu tezin güçlenmesi için Bitcoin’in bundan sonraki negatif gelişmelerde de aynı dayanıklılığı göstermesi gerekecek.
Bitcoin’in Sıradaki Alıcısı Kim Olabilir? Hougan’a göre Bitcoin’de yeni bir yükselişi tetikleyebilecek kaynak kısa vadeli spekülasyondan çok büyük servet yönetim platformları olabilir.
Bitwise CIO’su, bazı danışmanlık platformlarının piyasanın zirvelerinden yaklaşık %50 aşağıda olunduğu dönemde bile şirketin Solana staking ETF’si BSOL’u onayladığını belirtti. Hougan’a göre bu gelişme, danışman tarafındaki talebin kısa vadeli fiyat hareketlerinden tamamen kopmadığını gösteriyor.
Hougan ayrıca Bitwise’ın son bir yılda yaklaşık 600-700 milyon dolarlık vergisiz ayni ETF dönüşümü gerçekleştirdiğini söyledi. Ancak bu rakam için elinde kesin verilere sahip olmadığını da belirtti.
Buradaki önemli nokta, yeni sermayenin tek seferlik bir hareketten değil, servet yönetim kanallarının kripto ürünlerini daha fazla kullanmasından gelebilecek olması.
Ve son olarak yatırıcımcıya göre Bitcoin’deki yeni yükseliş döngüsü geçmiş dönemlerden farklı ilerleyebilir. Servet yönetim platformlarının zaman içinde piyasaya daha fazla sermaye taşıması halinde yeni boğa piyasasının daha yavaş, daha az volatil ve daha kurumsal bir yapıya sahip olacağını düşünüyor.
Bitcoin ETF’leri Bu Hikâyeyi Nasıl Etkiliyor? Hougan, Bitcoin’e yatırım yapan büyük portföylerde ETF’lerin ana araçlardan biri olabileceğini düşünüyor. Ona göre daha küçük bir bölümün soğuk cüzdanda tutulması da mümkün.
Ancak ETF’lerin Bitcoin yatırımının nihai biçimi olmayabileceğini belirten Hougan, sektör geliştikçe saklama ve yatırım modellerinin de değişebileceğini düşünüyor.
Bu nedenle piyasanın bir sonraki önemli katalizörü yalnızca fiyat hareketlerinde değil, Bitcoin’e erişen yeni yatırımcı gruplarında da aranabilir.
Bitcoin’de Dip Tezi Ne Zaman Güçlenecek? Hougan’ın görüşü belirli bir fiyat hedefine dayanmıyor. Onun için asıl test, Bitcoin’in kötü haberler karşısındaki dayanıklılığının sürüp sürmeyeceği.
Strategy satışları, CLARITY Act belirsizliği ve Coldcard saldırısı gibi gelişmeler yeni bir sert düşüş yaratmadığı sürece dip senaryosu güç kazanabilir. Buna karşılık Bitcoin’in sonraki olumsuz gelişmelere sert tepki vermesi, mevcut tezin erken olduğunu gösterebilir.
Şimdilik Hougan’ın mesajı net: Bitcoin’in kötü haberlere verdiği tepki, fiyatın kendisi kadar önemli hale gelmiş durumda.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
TLDR: Bitcoin long-term holder aNUPL has turned negative as BTC trades near 50% below its cycle high. Long-term holders now carry deeper unrealized losses than the broader Bitcoin market average currently. Past cycle bottoms saw far deeper long-term holder losses than the levels recorded today. Institutional demand could help Bitcoin bottom earlier this cycle without a full capitulation event. Bitcoin is displaying several signals that analysts have historically linked to major cycle bottoms, raising the question of whether a turning point is forming.
New on-chain research from CryptoQuant points to unusual stress among long-term holders, a group typically known for strong conviction.
Bitcoin currently trades near $63,833, down slightly over the past day and week. Whether this marks a genuine bottom remains uncertain for now.
What the Data Reveals About Long-Term Holders Analyst MorenoDV_, writing for CryptoQuant, examined the adjusted Net Unrealized Profit and Loss metric across different holder groups.
The findings show long-term holders’ losses have moved past the speculative edge of the market. This cohort now carries deeper unrealized losses than the broader market average, a pattern rarely seen outside major downturns.
At previous cycle lows, long-term holders consistently absorbed greater unrealized stress than short-term participants.
Bitcoin Is Showing the Anatomy of a Bottom
“Bitcoin is displaying a condition repeatedly associated with macro bottoms, but not yet the emotional and financial exhaustion that made previous bottoms unmistakable.” – By @MorenoDV_ pic.twitter.com/0tRmSXP71O
— CryptoQuant.com (@cryptoquant_com) August 12, 2026
The current market structure appears to follow that same historical pattern closely. Long-term holder aNUPL has dropped below the broader market average and turned negative.
This shift comes as Bitcoin trades roughly 50% under its previous cycle high. According to the research, long-term capital is being tested in ways beyond a routine price correction.
Still, the depth of these losses has not matched prior bottom formations. Earlier cycle lows produced much deeper and more sustained negative readings among long-term holders.
Current losses, while genuine, have not reached the extreme levels seen in past downturns. This distinction raises doubt over whether the bottom question can be answered yet.
The metric therefore points to an ongoing bottoming process rather than a confirmed low.
Two outcomes remain possible based on how this stress develops from current levels. Each scenario would carry a different answer to whether Bitcoin has truly bottomed.
Two Scenarios That Could Answer the Bottom Question One possibility is that the market requires another capitulation phase to complete the pattern. This would push long-term holder losses toward the extremes recorded during previous historical bottoms.
Such a move would likely coincide with renewed price weakness and a wave of loss realization among holders.
That combination has defined capitulation events throughout Bitcoin’s trading history.
A second scenario points toward a shallower bottom than previous cycles produced. Stronger institutional demand and a more resilient holder base could absorb selling pressure earlier than before.
If this occurs, Bitcoin could stabilize without long-term holder losses reaching historical extremes. History offers a reference range for this pattern, not a fixed requirement.
What happens next carries more weight than the current on-chain snapshot alone. A further decline in long-term holder aNUPL, paired with fresh price weakness, would resemble classic capitulation. That combination has preceded major reversals across multiple previous market cycles.
A recovery toward neutral readings while Bitcoin holds a higher low would suggest a different outcome. That pattern would indicate long-term holder stress has already peaked.
Losses would then be gradually absorbed rather than intensifying, offering a partial answer to the bottom question.
Lightspeed plans to raise $600 million for its secondary fund to ramp up investments in OpenAI and Anthropic.
According to Bloomberg, Lightspeed Venture Partners is seeking to raise roughly $600 million via secondary transactions to extend its investment exposure to OpenAI and other AI companies, as well as make additional investments in AI model firm Anthropic. Sources familiar with the matter said the fundraising deal is internally codenamed "Project Mercury" and involves multiple secondary funds under Lightspeed, including the Select V Fund, Opportunity II Fund, and a portion of assets in a separately managed account. Lightspeed aims to provide liquidity to investors through these secondary market transactions while maintaining long-term holdings in leading AI sector companies.
18 minutes ago
Google raises prices of its new smartphones due to memory shortages.
According to market sources, Google has raised the price of its new smartphones due to memory shortages, with the new models reportedly costing $100 more than the previous generation.
18 minutes ago
Fed Mouthpiece: July CPI data eases pressure on the Federal Reserve to hike interest rates in September.
Nick Timiraos, widely known as the "Fed mouthpiece", said July's CPI data was largely in line with expectations, easing pressure on the Federal Reserve to raise interest rates in September. The Fed believes current interest rates are sufficiently restrictive to guide inflation toward its 2% target without further hikes.
18 minutes ago
Lighter Team Wallet Transfers 1.87 Million LIT Tokens to New Address, Valued at Approximately $4.57 Million
According to monitoring by The Data Nerd, a wallet belonging to the Lighter team transferred 1.87 million LIT tokens to a new address, valued at approximately $4.57 million. Analysts believe this move is likely just a routine treasury management operation.
18 minutes ago
US stocks opened higher on the back of moderate inflation data, with storage, semiconductors, optical communications, and Neocloud rallying across the board.
US stocks opened higher today amid mild inflation data, per Bitget market data. The Dow Jones Industrial Average rose 0.33%, the S&P 500 gained 0.49%, and the Nasdaq climbed 0.9%. In terms of individual stocks, BIT (bit.com) market data shows that stocks in the storage, semiconductor, optical communication, and neocloud sectors rallied broadly. SanDisk advanced 6.9%, SK Hynix rose 5.8%, and Micron Technology gained 5.5%. For neocloud stocks, CRWV jumped 22%, NBIS climbed 15.21%, and IREN rose 10%. Meanwhile, optical communication-related stocks saw LITE surge 9.88%, GLW add 5.64%, AAOI advance 4.71%, and MRVL rise 6%.
18 minutes ago
US stocks opened higher, but Bitcoin fell instead of rising, briefly dipping below $64,000.
Despite tonight's moderately positive CPI data and the US stock market opening higher, Bitcoin failed to align with market sentiment. According to HTX market data, Bitcoin instead fell after the US stock market opened, currently trading at $63,990.22, with its daily gain narrowed to 0.59%.
CPI Lands at 3.4%, In Line With ExpectationsThe U.S. Bureau of Labor Statistics released its July 2026 Consumer Price Index (CPI) report on August 12, and the headline number came in exactly where markets had anticipated. The year-on-year CPI forecast stood at 3.4%, with the prior reading at 3.5%. The closely watched index was seen rising 0.1% in July following a 0.4% decline in the prior month, based on the median projection in a Bloomberg survey of economists. The in-line print marks the lowest CPI reading in four months, offering a modest but meaningful signal that inflation pressures continue to ease from their recent peaks.
Core CPI is expected to rise by 0.20% monthly and 2.5% annually, marking the lowest reading since January. Inflation in core goods is expected to continue low, while core services are expected to return to trend levels following the June decrease.
$XRP Defends $1.00 as $BTC Draws Institutional BidsFor crypto markets, the expected result provided a degree of relief. $XRP had been under sustained pressure heading into the print, with the $1.00 level emerging as a critical line in the sand. As of August 11, XRP traded around $1.01, digesting a decline of roughly 2.7% over the prior 24 hours. The token had been struggling to maintain ground above the psychologically important $1.00 threshold, with bearish momentum dominating price action for multiple weeks.
Spot XRP ETFs recorded zero flows on 11 of July's 22 trading days, taking in just $27.29 million for the entire month, according to SoSoValue data, against the $666 million the same vehicles gathered in their first month of trading in November 2025. The soft ETF demand had amplified selling pressure, making a benign CPI reading all the more important for sentiment.
With the macro uncertainty now cleared, institutional desks are showing renewed appetite for $BTC. A CPI print that lands on target removes one near-term risk from the table, and Bitcoin has historically attracted fresh institutional liquidity in that kind of environment. For $XRP bulls to regain control, the token must first recapture the $1.06 level, followed by breaking through the resistance band spanning $1.08 to $1.15.
The broader inflation trajectory will remain a key input for crypto positioning in the months ahead, particularly as markets watch for any signal on the Federal Reserve's next move.
Sources
U.S. Bureau of Labor Statistics: Consumer Price Index Release, August 12, 2026
Bloomberg: Inflation Seen Easing as US Consumer Price Index Rises 0.1% in July
CoinSpeaker: XRP Price Analysis August 2026, $1 Floor at Risk
A prominent trader notes that the Clarity Act will play the same role crypto ETFs served in the last cycle, and Bitcoin could bottom out and rally ahead of the bill’s passage.
Prominent trader Killa posted that during the last bull run, Bitcoin began recovering from lows ahead of ETF rumors and formal approval, emphasizing markets typically price in positive news in advance. This cycle could follow a similar pattern: the current "Clarity Act" (Regulatory Clarity Act) is shaping a new narrative. "If it indeed acts as a catalyst, it will likely mark the start of BTC’s first meaningful rally phase since the recovery from the prior bear market, and its approval will soon push Bitcoin to a new all-time high (ATH)—just like the ETF approval did," Killa noted. A BTC-focused quantitative trader, Killa correctly predicted the peak of this bull run in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to a long position during the broad market sell-off on June 5.
8 minutes ago
Lightspeed plans to raise $600 million for its secondary fund to ramp up investments in OpenAI and Anthropic.
According to Bloomberg, Lightspeed Venture Partners is seeking to raise roughly $600 million via secondary transactions to extend its investment exposure to OpenAI and other AI companies, as well as make additional investments in AI model firm Anthropic. Sources familiar with the matter said the fundraising deal is internally codenamed "Project Mercury" and involves multiple secondary funds under Lightspeed, including the Select V Fund, Opportunity II Fund, and a portion of assets in a separately managed account. Lightspeed aims to provide liquidity to investors through these secondary market transactions while maintaining long-term holdings in leading AI sector companies.
8 minutes ago
Google raises prices of its new smartphones due to memory shortages.
According to market sources, Google has raised the price of its new smartphones due to memory shortages, with the new models reportedly costing $100 more than the previous generation.
8 minutes ago
Fed Mouthpiece: July CPI data eases pressure on the Federal Reserve to hike interest rates in September.
Nick Timiraos, widely known as the "Fed mouthpiece", said July's CPI data was largely in line with expectations, easing pressure on the Federal Reserve to raise interest rates in September. The Fed believes current interest rates are sufficiently restrictive to guide inflation toward its 2% target without further hikes.
8 minutes ago
Lighter Team Wallet Transfers 1.87 Million LIT Tokens to New Address, Valued at Approximately $4.57 Million
According to monitoring by The Data Nerd, a wallet belonging to the Lighter team transferred 1.87 million LIT tokens to a new address, valued at approximately $4.57 million. Analysts believe this move is likely just a routine treasury management operation.
8 minutes ago
US stocks opened higher on the back of moderate inflation data, with storage, semiconductors, optical communications, and Neocloud rallying across the board.
US stocks opened higher today amid mild inflation data, per Bitget market data. The Dow Jones Industrial Average rose 0.33%, the S&P 500 gained 0.49%, and the Nasdaq climbed 0.9%. In terms of individual stocks, BIT (bit.com) market data shows that stocks in the storage, semiconductor, optical communication, and neocloud sectors rallied broadly. SanDisk advanced 6.9%, SK Hynix rose 5.8%, and Micron Technology gained 5.5%. For neocloud stocks, CRWV jumped 22%, NBIS climbed 15.21%, and IREN rose 10%. Meanwhile, optical communication-related stocks saw LITE surge 9.88%, GLW add 5.64%, AAOI advance 4.71%, and MRVL rise 6%.
Bitcoin traded near the $64,000 mark on Wednesday as the crypto market turned cautious ahead of US CPI data. The cryptocurrency was trading at $63,759 mark.
In the past 24 hours, Bitcoin was down 0.34% and Ethereum was up 0.98% to trade at $1,892 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin rallied up to 2.17% and Cardano was down 1.75%.
Also Read | LEAP India IPO allotment likely today, GMP signals over 8% listing gain. How to check status
Crypto Tracker
TOP COINS (₹)
58,399 (1.3%)
181,474 (0.6%)
95 (0.0%)
95 (0.0%)
6,101,514 (-0.5%)
Riya Sehgal, Research Analyst, Delta Exchange said crypto markets remain cautious ahead of the U.S. CPI release, with Bitcoin hovering near $64,000 as macro uncertainty continues to dominate sentiment. Technically, Bitcoin is attempting to stabilise after testing the $63,200 area, but the short-term structure remains weak while the price stays below the $64,180–$64,300 EMA cluster.
Sehgal further said that Ethereum has shown a stronger reaction from support near $1,850, but still needs to reclaim the $1,895–$1,920 region to confirm improving momentum.
The global crypto market capitalisation edged down 0.07% to $2.18 trillion, according to CoinMarketCap. The fear and greed index sticks to 37 as market sentiments remain under fear, said CoinDCX Research Team.
Vikram Subburaj, CEO, Giottus said Bitcoin traded near $63,700-$63,800 on Wednesday morning and was broadly flat, as investors avoided large positions ahead of the July US inflation report. Immediate support lies around $63,000-$63,200, followed by $62,500.
Investors should avoid chasing short-term moves before the inflation release. Staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin clears $64,500-$66,000 with sustained ETF and spot demand, Subburaj further said.
In the past week, Bitcoin was down 0.61% and Ethereum was up 1.24%. Among the major altcoins, BNB, Solana, Tron, Dogecoin rallied up to 3.14% whereas XRP, Hyperliquid Cardano corrected up to 4.72%.
Prateek Gupta, Head of Business, Mudrex said Bitcoin has slipped to around $63,600 after failing four times to sustain moves above $65,000, with sellers stepping in after an intraday high near $65,300
Market perspective
CoinSwitch Markets Desk
Bitcoin has slipped back toward $63,500, trading down around 0.6% on the day and holding within the broad $62,000–$66,000 range that has contained it through much of the summer. After failing to sustain last week's push above $65,000, prices have drifted lower as traders position defensively ahead of the U.S. July CPI.
Also Read | Technocraft Ventures IPO allotment likely today, GMP signals over 12% listing gain. How to check status
Nischal Shetty, Founder, WazirX
The markets remain cautious, with total market capitalization broadly flat at $2.19 trillion and the Fear & Greed Index stands at 37. With Bitcoin near $63,800, price remains below an important resistance cluster. A sustained move above $64,000–$64,500 would strengthen the short-term structure, while rejection from this area would leave downside pressure intact.
Avinash Shekhar, Co-Founder & CEO, Pi42
Bitcoin is hovering around the $63,700 mark after testing lower levels, with the $64,000 to $64,600 zone emerging as an important hurdle for a stronger recovery. At the same time, ETF flows remain marginally positive, signalling that institutional interest has not disappeared despite softer momentum.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Cryptocurrency prices are largely consolidating, with Bitcoin (BTC) hovering near the resistance at $64,000 at the time of writing on Wednesday. Ethereum (ETH) shows signs of recovery but remains below the $1,900 hurdle, while Ripple (XRP) hovers above the critical $1.00 support and is struggling to gain momentum.
Crypto sentiment lags ahead of CPI data releaseThe United States (US) Bureau of Labor Statistics (BLS) is expected to release the much-anticipated Consumer Price Index (CPI) report on Wednesday amid a cautious trading environment.
Market participants expect a small decline in consumer inflation and core inflation, with monthly CPI predicted to rise by 0.1%, against a backdrop of a 0.4% increase in June. Meanwhile, annual inflation is forecast to decline to 3.4% in July from 3.5% recorded the previous month.
Core CPI, excluding volatile food and energy components, is forecast to rise 0.2% monthly and 2.5% yearly, underscoring persistent inflationary pressures.
Crypto market sentiment is embedded in the Fear territory at 27 on Wednesday, down from 29 the day before, according to the Fear & Greed Index. This outlook indicates that risk appetite remains significantly subdued, capping the probability of a sustained recovery.
Crypto Fear & Greed Index | Source: AlternativeTechnical analysis: Bitcoin stays neutral amid unclear market directionBitcoin trades at $63,821, maintaining a capped tone as it sits beneath the 50-day Exponential Moving Average (EMA) at $64,584 and the 100-day EMA at $66,723. The pair still trades above the upward-sloping support trendline around $63,458 and finds additional underlying demand from the Parabolic SAR at $62,753, but bearish momentum dominates with the Moving Average Convergence Divergence (MACD) histogram in negative territory on the daily chart and the Relative Strength Index (RSI) hovering near 48, hinting that rallies could struggle while price remains under the clustered EMAs.
BTC/USDT daily chartImmediate support lies at the reclaimed trendline area near $63,458, followed by the Parabolic SAR level at $62,753, where buyers may attempt to arrest deeper pullbacks. On the topside, initial resistance is provided by the 50-day EMA at $64,584, ahead of the denser barrier at the 100-day EMA near $66,723. A sustained break above these would be needed to ease the current bearish bias, while the longer-term 200-day EMA at $73,129 marks a more distant hurdle for any medium-term recovery.
"Bitcoin has spent six straight months trading between $60,000 and $80,000, with activity fading amid prolonged consolidation and typical summer doldrums. Unlike the 2014, 2018, and 2022 bear markets, which saw steadily lower lows, BTC hit a 50% drawdown from its all-time high on February 5 and remains near that level as of August 11, reflecting apathy rather than a deteriorating trend," analysts at K33 Research highlighted in the weekly report published every Tuesday.
Altcoins technical outlook: Ethereum eyes short-term breakout, XRP lags recovery Ethereum trades at $1,893 while holding above the 50-day EMA at $1,865 and the latest Parabolic SAR at $1,829, but remains capped by the 100-day EMA at $1,924, keeping the near‑term bias mildly bearish.
Momentum is mixed, with the RSI hovering near a neutral 55 and the MACD below zero with a negative reading, which hints that upside attempts could continue to struggle under nearby resistance.
ETH/USDT daily chartOn the topside, immediate resistance lies at the 100‑day EMA at $1,924, followed by a more substantial hurdle at the 200‑day EMA near $2,166, where sellers would be expected to reassert pressure if reached. On the downside, initial support appears at the 50‑day EMA at $1,865, with the latest Parabolic SAR level at $1,829 reinforcing a secondary demand zone. A daily close below these supports would likely open the door to a deeper corrective phase in the coming sessions.
XRP, on the other hand, trades around $1.02. The pair remains under clear downside pressure, holding below the Bollinger middle boundary at roughly $1.06 and the 50-day EMA at about $1.09, which reinforces a bearish near-term bias. The spot price is also well beneath the 100-day and 200-day EMAs, at $1.18 and $1.37 respectively, underscoring a broader downtrend.
Momentum conditions support this view, with the RSI hovering near 38 in a weak, sub-50 regime and the MACD in negative territory, hinting at persistent selling pressure despite some recent stabilization.
XRP/USDT daily chartInitial resistance is seen at the Bollinger middle band near $1.06, followed by the 50-day EMA at $1.09 and the upper Bollinger band at around $1.11. Above these, the 100-day EMA at $1.18 and the 200-day EMA at $1.37 form a broader cap that would need to be reclaimed to ease the bearish tone. On the downside, the lower Bollinger band at $1.00 offers immediate support. A decisive break below this floor would open the door to fresh lows and potentially extend the current bearish sequence.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
Kripto para piyasası, ABD’nin açıklayacağı Tüketici Fiyat Endeksi (TÜFE) verisi öncesinde yön arayışını sürdürüyor. Bitcoin ve Ethereum dar bir işlem aralığında hareket ederken, opsiyon piyasasında ise yukarı yönlü kırılma beklentisinin güçlendiği görülüyor. Yatırımcılar, ABD enflasyon verisinin piyasanın mevcut sıkışıklığını sona erdirebilecek önemli bir katalizör olmasını bekliyor.
Bitcoin son dönemde 62 bin ile 66 bin dolar arasında hareket ediyor. Piyasadaki beklenti, TÜFE verisinin bu dar aralığın hangi yöne kırılacağını belirleyebileceği yönünde. Özellikle enflasyonun beklentilerin altında kalması, faiz indirimi beklentilerini güçlendirerek riskli varlıklara olan talebi artırabilir.
Bitcoin İçin 70 Bin Dolarlık Opsiyon Bahsi Ne Anlatıyor? Türev piyasasındaki pozisyonlanma, bazı yatırımcıların Bitcoin konusunda daha iyimser bir senaryoya hazırlandığını gösteriyor. Deribit verilerine göre eylül ayında vadesi dolacak ve kullanım fiyatı 70 bin dolar olan Bitcoin alım opsiyonlarına yaklaşık 2,5 milyon dolarlık sermaye aktı.
Alım opsiyonlarına yönelik bu talep, yatırımcıların Bitcoin’in önümüzdeki dönemde 70 bin dolar seviyesini aşabileceği beklentisiyle pozisyon aldığını gösteriyor. Ancak opsiyon işlemleri tek başına fiyatın kesin olarak yükseleceği anlamına gelmiyor; yalnızca belirli yatırımcıların yukarı yönlü senaryoya maruz kalmayı tercih ettiğini ortaya koyuyor.
Bu gelişme, kripto para piyasasında TÜFE öncesindeki temkinli spot fiyat hareketleriyle türev piyasasındaki beklentiler arasında dikkat çekici bir fark oluştuğunu gösteriyor.
Yatırımcılar Yön Yerine Volatiliteye Mi Oynuyor? Her yatırımcı Bitcoin’in yönünü tahmin etmeye çalışmıyor. Bazı kurumsal yatırımcılar, fiyatın yukarı veya aşağı hareket etmesinden ziyade volatilitenin yükselmesinden faydalanmayı hedefliyor.
TDX Strategys gibi kurumlar bu amaçla strangle stratejisine dikkat çekiyor. Bu strateji, varlığın belirli bir yönde ilerlemesini tahmin etmek yerine sert bir fiyat hareketinden yararlanmayı amaçlıyor.
ABD enflasyon verileri gibi kritik makroekonomik açıklamalar, kısa sürede yüksek volatilite yaratabildiği için bu tür opsiyon stratejilerinin önemini artırabiliyor. Dolayısıyla TÜFE yalnızca Bitcoin’in yönü açısından değil, piyasanın hareket genişliği açısından da kritik bir gelişme olarak öne çıkıyor.
Ethereum’da Borsalardan 164,6 Milyon Dolar Çıktı On-chain veriler ise spot piyasada farklı bir tabloya işaret ediyor. Türev yatırımcıları daha temkinli davranırken, spot piyasadaki alım eğiliminin daha güçlü olduğu görülüyor.
Nansen verilerine göre Ethereum’da son bir hafta içerisinde borsalardan 164,6 milyon doların üzerinde varlık çekildi. Borsalardaki ETH miktarının azalması, yatırımcıların varlıklarını satış amacıyla tutmak yerine daha uzun süre saklamayı tercih ettiği şeklinde yorumlanabiliyor.
Bu gelişme, Ethereum tarafında birikim beklentilerini desteklerken kripto yatırımı açısından da dikkat edilmesi gereken bir veri oluşturuyor. Ancak borsa çıkışları tek başına fiyatın yükseleceğini garanti etmiyor.
ABD TÜFE Sonrası Kripto Para Piyasasında Ne Olabilir? Kısa vadede piyasanın odağında ABD TÜFE verisi bulunuyor. Beklentilerin altında bir enflasyon, faiz indirimi ihtimalini güçlendirerek Bitcoin ve diğer dijital varlıklar için daha olumlu bir ortam yaratabilir.
Buna karşılık yüksek enflasyon, faiz indirimlerine ilişkin beklentileri zayıflatabilir ve riskli varlıklar üzerinde baskı oluşturabilir. Bu nedenle Bitcoin’in 62-66 bin dolarlık mevcut işlem aralığından hangi yönde çıkacağı, yalnızca teknik seviyelere değil makroekonomik verilere de bağlı olacak.
Opsiyon piyasasındaki 70 bin dolarlık alım pozisyonları, bazı yatırımcıların yukarı yönlü hareket beklediğini gösterirken Ethereum’dan gerçekleşen borsa çıkışları da spot tarafta birikim eğiliminin sürdüğüne işaret ediyor.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Russia takes a step in its approach to crypto. The Central Bank has just proposed a framework allowing individuals to access three cryptocurrencies on public markets. The project targets Bitcoin, Ethereum, and USDT, with an annual limit for non-qualified investors. This development marks a regulated crypto market opening, while the authorities want to limit exposure to price fluctuations. The system includes conditions for intermediaries and investors before any operation.
In Brief The Bank of Russia proposes allowing individuals to buy three cryptocurrencies on public markets. Bitcoin, Ethereum, and USDT would be accessible to non-qualified investors under certain conditions. The annual ceiling would reach 300,000 rubles per intermediary for affected investors. Qualified investors could negotiate all available cryptocurrencies without restriction. Russia Regulates Access to the Public Market After the official adoption of the framework legalizing the digital assets market in Russia, the Central Bank published on August 11 a draft directive dedicated to non-qualified investors. These individuals could buy digital assets via brokers, exchanges, or managers. However, the central bank indicated in a separate statement that crypto would remain subject to an annual ceiling set at 300,000 rubles per intermediary. Thus, each broker, platform, or manager could separately apply this limit to purchases made by the same investor.
The text also specifies the role of various intermediaries in this system. Purchases may go through several authorized actors, but the ceiling will still be calculated for each intermediary. This organization allows distinguishing the access channels used by non-qualified investors. It also gives platforms a clear framework to apply the new rules in their daily operations. For individuals, this framework combines limited access, mandatory testing, and asset selection. Therefore, crypto remains accessible but under precise conditions regulating operations.
The new framework also now provides a mandatory step before any transaction. All investors must pass a test and become aware of the risks associated with crypto-assets. This requirement therefore also concerns qualified investors, despite their broader access to the market. Consequently, Russia seeks to gradually open operations while maintaining a protection framework for individuals.
Bitcoin, Ethereum, and USDT at the Heart of the System The project identifies three assets that public exchange platforms could admit: Bitcoin, Ethereum, and Tether’s USDT. The selection mainly relies on liquidity, capitalization, and price history. To be accessible to non-qualified investors, an asset must notably have at least five years of price history on foreign platforms. Its average daily volume is also among the criteria considered by authorities.
The Bank of Russia proposes authorizing Bitcoin, Ethereum, and Tether USDT for public circulation on organized markets. Source: Central Bank of Russia Statement. The selected crypto must therefore demonstrate sufficient liquidity to limit sudden and unpredictable price movements. The project currently excludes XRP from this list, despite its existence since 2012. The Bank of Russia links its choice to criteria provided by the new federal law on cryptocurrencies. This method thus favors assets with an established market and sufficiently extensive price data.
Different Rules Depending on Investors Qualified investors benefit from a significantly broader regime in the project presented by authorities. They could acquire all cryptocurrencies traded on stock and over-the-counter markets, without ceiling. This difference creates two access levels depending on the investor’s status. Thus, crypto becomes accessible to the public but under much stricter conditions for non-qualified individuals.
The system implements several measures to expand access to digital assets for wealthy investors. It also comes as Tether is under close scrutiny regarding some USDT linked to sanctioned Russian platforms. The Bank of Russia now opens a consultation period until August 24. After official publication and signature by Elvira Nabiullina, the directive should come into force ten days later.
Crypto could thus gain a more structured place on Russian public markets, without abandoning limits set for individuals. Russia will still need to finalize the text after the commentary period. The future regulatory framework will depend on the adjustments made before its entry into force. For now, the project mainly confirms a gradual opening centered on three assets and accompanied by precise rules.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
USDT lost nearly 4 billion dollars in market capitalization over 60 days. On paper, this is bad for Bitcoin: fewer stablecoins means less liquidity available to buy. Yet, CryptoQuant also sees a possible seller exhaustion signal. The market lacks fuel, but it might soon lack sellers.
In Brief USDT lost nearly 4 billion dollars in market capitalization over 60 days. This extreme contraction may signal that selling pressure on Bitcoin is nearing its limit. A true bottom will still have to be confirmed by the return of liquidity and buyers. Bitcoin absorbs a rarely seen liquidity contraction The 60-day variation in USDT market capitalization is moving at extreme levels. This contraction comes as several analysts begin to consider a bottom for Bitcoin, after the BTC drop below 60,000 dollars at the beginning of July. The 30-day moving average of this variation was about -4.88 billion dollars on Monday. The low dates back to July 13, with -5.72 billion over 60 days. More recently, nearly 870 million additional dollars left the USDT supply in eleven days.
This is not just a detail. Stablecoins serve as a holding tank for the crypto market. An investor can sell Bitcoin, stay in USDT, then quickly return to BTC. When stablecoin supply decreases, part of this liquidity completely leaves the ecosystem. The classic interpretation is thus bearish. Less USDT available means less capital immediately available to support a rebound.
CryptoQuant observes that sustained expansion phases of Tether generally accompany periods where Bitcoin performs better. But the current level is starting to tell a different story.
USDT drops so much that the signal becomes almost bullish The largest contractions in USDT do not always occur at the start of bear markets. They sometimes appear when the purge is already well advanced. This is where the signal becomes interesting: by withdrawing capital, the market eventually also exhausts some of those who wanted to exit.
The movement does not concern only Tether. The stablecoin market is undergoing its strongest contraction since the Terra collapse. Nearly 15 billion dollars have left this segment in less than three months. USDT is therefore part of a broader drying up. A shortcut must be avoided though. A drop in USDT does not make Bitcoin rise. Both can simply suffer from the same distrust.
An investor can sell their BTC, briefly switch to stablecoins, then finally convert their funds to dollars. In this case, Bitcoin falls and USDT supply contracts almost at the same time. The paradox only appears when this flight becomes extreme. A further drop in USDT would still be negative for short-term liquidity. But if the contraction nears historical limits, it can signal that the most aggressive selling phase is also coming to an end.
Another indicator draws attention. It’s Bitcoin’s weekly RSI improving while the price remains fragile. This bullish divergence recalls a configuration seen around the end of the 2022 bear market. It does not announce an automatic rebound. It simply says that the drop may be losing strength.
A Bitcoin bottom without buyers is still worth little Seller exhaustion is not enough to start a new bullish cycle. Bitcoin can stop falling sharply and still remain stuck for several weeks in a low zone. It can also register one last low before demand truly resumes.
This is where the market will have to provide proof. A return of stablecoin capitalization would be a first signal. A sustained rebound in spot purchases would be another. Institutional flows will also have to hold for several sessions, not just produce a spectacular day.
US Bitcoin ETFs are already showing some signs of resilience. Capital has returned despite BTC still hesitating. This demand remains too limited alone to offset the general contraction in liquidity.
Bitcoin may have passed part of the exhaustion test. It has not yet passed that of demand. The recent return of capital to Bitcoin ETFs is a first clue, not a validation. If USDT stops contracting and purchases return in parallel, the hypothesis of a bottom will become much stronger. For now, the market sells less easily. It does not yet buy enough.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Bitcoin traded near $63,700 on Wednesday, Aug. 12, as most major cryptocurrencies edged higher ahead of the July U.S. inflation report.
Summary
Bitcoin traded near $63,700 early Wednesday as markets waited for the July U.S. inflation release. Dogecoin gained nearly 3%, leading major cryptocurrencies, while BNB advanced more than 2% during trading. Hyperliquid fell around 1.6%, remaining the only major cryptocurrency besides Bitcoin showing notable weakness Wednesday. U.S. Bitcoin ETFs returned to modest inflows Tuesday after Monday ended their five day streak. Brent crude approached $90 as geopolitical tensions kept inflation risks elevated before the CPI report. BTC was down about 0.6% over 24 hours at the time of writing, while Dogecoin and BNB led gains among the largest assets.
The subdued move follows another failed push above $65,000. Bitcoin briefly moved above $65,000 as ETF demand strengthened on Monday. It then fell below $64,000 as oil revived inflation concerns on Tuesday, leaving the market focused on inflation and the Federal Reserve rate outlook.
Bitcoin price stalls while DOGE and BNB lead majors Dogecoin was the strongest performer among the major cryptocurrencies tracked Wednesday, gaining about 2.9% and trading just above $0.07. BNB followed with a 2% rise to about $614. Ether added 1% to $1,888, XRP rose 0.5% to $1.02 and Solana was nearly flat at $76.
Crypto market overview, source: QuantifyCrypto
Tron traded around $0.335 after gaining close to 1%, while Chainlink advanced 3.8% to $8.71. Hyperliquid moved in the opposite direction, falling 1% to $54.7. Cardano was also weaker, losing about 1.8%. The mixed performance left altcoins generally firmer than Bitcoin without producing a broad market surge.
Bitcoin’s 24 hour range remained relatively tight between roughly $63,200 and $64,414. The asset has repeatedly tested the $65,000 area over recent sessions but has yet to establish support above it.
Top gainers and losers show selective risk taking Moves outside the largest cryptocurrencies were much wider. CoinGecko’s latest data, covering its top 1,000 assets with more than $50,000 in daily volume, showed Arowana leading gainers with an 87.7% rise. Prom followed at 36.8%, while aPriori gained 27.2%.
Tutorial led the losses, falling 45.4%. SkyAI declined 28.6%, Biconomy dropped 27.6%, DAPPOS lost 27% and Ravencoin fell 23.6%. These assets sit well outside the largest cryptocurrencies by market capitalization, making their moves less representative of the broader market.
Among assets currently ranked inside CoinGecko’s top 100 on the same sorted list, Bitway was the strongest gainer shown, rising 14.7% to about $0.214. Lighter was the weakest top 100 name shown, falling 6.6% to $2.31. Both rankings and rolling 24 hour changes can move quickly as prices and market capitalizations change.
U.S. ETF flows turn barely positive before CPI Institutional flows provided only limited support. U.S. spot Bitcoin ETFs recorded $7.8 million in net inflows on Tuesday, according to Farside data. BlackRock’s IBIT attracted $50.2 million, but withdrawals from several competing products offset most of the gain. Monday had produced a $144.6 million net outflow.
Bitcoin ETF flow, source: Farside The reversal follows a stronger opening week for August. As previously reported, the funds attracted $853.5 million during five consecutive inflow sessions from Aug. 3 through Aug. 7 using SoSoValue figures. Farside’s dataset puts the same five session total at $865.3 million because the providers use slightly different figures.
Ether funds were softer this week. Farside recorded a $14.6 million net outflow Monday followed by another $1.7 million withdrawal Tuesday. Last week’s stronger demand has therefore not carried into the first two sessions of this week.
Wintermute said in its latest post that renewed ETF buying was encouraging, but added that it would “need to see them continue for a little longer” before becoming more constructive. That remains the market maker’s assessment rather than a forecast of Bitcoin’s next move.
July CPI and $90 oil set the next market test The next scheduled catalyst arrives at 8:30 a.m. ET Wednesday, when the Bureau of Labor Statistics releases July CPI, according to its official schedule. Economists surveyed by Reuters expect consumer prices to rise 0.1% from June, with annual inflation easing to 3.4%.
Oil is complicating the backdrop. Brent crude rose for a sixth consecutive session and traded near $89.60 to $89.70 a barrel early Wednesday, while U.S. crude climbed to about $83.94. The latest oil increase will not be fully reflected in July CPI, but continued strength could keep future inflation concerns elevated.
The dollar index was near 99.89, while U.S. equity futures were little changed before the inflation release. A softer CPI reading could reinforce expectations that monetary policy need not become tighter, while a hotter reading could revive concerns about another rate increase. Those remain conditional scenarios until the data is published.
Attention then moves to July producer prices on Thursday. The BLS schedule sets the PPI release for Aug. 13 at 8:30 a.m. ET. Until those inflation readings arrive, Bitcoin remains inside its recent range while altcoin strength and ETF demand provide mixed signals about broader risk appetite.
TLDR Bitcoin traded near $63,700-$64,215 as markets waited for the July U.S. inflation report. Dogecoin gained close to 3% and BNB rose more than 2%, leading major cryptocurrencies higher. Whale addresses holding over 10,000 BTC accumulated 46,420 BTC, the largest 60-day buildup since March 15. Long-term holder supply kept falling as smaller holders sold, even though $37,400 BTC moved into long-term hands. U.S. spot Bitcoin ETFs saw a small $7.8 million inflow Tuesday after a $144.6 million outflow Monday. Bitcoin traded near $64,000 on Wednesday, Aug. 12, as investors waited for the July U.S. inflation report. The price sat close to $63,700 to $64,215 depending on the exchange and time checked.
BTC was down about 0.6% to 1.13% over the prior 24 hours. It has fallen nearly 47% over the past 12 months, even though spot Bitcoin ETFs have pulled in $52 billion since launching in January 2024.
Other coins moved more than Bitcoin. Dogecoin gained close to 3% to trade just above $0.07, while BNB rose about 2% to near $614.
Ether added 1% to reach $1,888. XRP rose half a percent to $1.02, and Solana stayed almost flat near $76.
Hyperliquid fell about 1% to $54.7. Cardano dropped roughly 1.8%, making both coins weaker than the rest of the market that day.
Bitcoin Price on CoinGecko Whales Buy While Small Holders Sell Data from CryptoQuant showed a clear split between large and small Bitcoin holders. On Aug. 9, addresses holding more than 10,000 BTC added 46,420 coins.
That is nearly double the mid-March peak of 23,238 coins. It marks the largest 60-day accumulation by whales since March 15.
Smaller holders acted differently. Addresses with 0.1 to 1 BTC sold about 9,700 coins, reversing the 11,600 BTC they had bought back on July 5.
Long-term holder supply also kept dropping. CryptoQuant data showed $37,400 worth of Bitcoin moving into long-term hands, but this was not enough to offset coins leaving that group through spending or selling.
Glassnode research said Bitcoin has stabilized near $65,000, suggesting selling pressure has eased. The firm noted the recovery still looks hesitant.
Trading Activity Stays Light Spot volume fell from $4.0 billion to $3.4 billion during the period Glassnode reviewed. Lower trading activity points to a quieter, more cautious market rather than broad buying or selling.
U.S. spot Bitcoin ETFs recorded $7.8 million in net inflows on Tuesday, according to Farside data. BlackRock’s IBIT brought in $50.2 million, but withdrawals from other funds offset most of that gain.
Monday had seen a $144.6 million net outflow from the same ETFs. Ether ETFs were also weaker, losing $14.6 million Monday and another $1.7 million Tuesday.
Market maker Wintermute said the return of ETF buying was encouraging. The firm added it would need to see inflows continue for longer before feeling more confident.
The next data point arrives Wednesday at 8:30 a.m. ET, when the Bureau of Labor Statistics releases July CPI. Economists surveyed by Reuters expect prices to rise 0.1% from June, with annual inflation easing to 3.4%.
Brent crude rose for a sixth straight session, trading near $89.60 to $89.70 a barrel. July producer price data follows on Thursday, Aug. 13, at 8:30 a.m. ET.
Chainlink price rose 4% to $8.74, extending its weekly gain to roughly 7% and ranking among the market’s leading performers. LINK remains firmly above the important $8 support zone, keeping its short-term outlook positive. Whale activity has now hit a five-month high, indicating that large investors have returned.
Bitcoin price is consolidating near $63,700 following recent volatility. Continued strength above support could push Chainlink toward the closely watched $10 target soon.
Chainlink Whale Activity Hits Five-Month High as LINK Holdings Rise Chainlink price registered an increase in big transactions as big holders increased their balances. The network achieved a minimum of 246 transfers worth more than 100,000 within 24 hours. It was its biggest whale activity in five months, based on Santiment data. Wallets holding between 100,000 and 10 million LINK now control 466.31 million tokens.
Source: Santiment data Their combined holdings represent 46.57% of the cryptocurrency’s total supply. These key players have a long history of closely tracking LINK price changes, rendering their participation a valuable indicator in the market.
Chainlink, in the meantime, expands upon CCIP, tokenized assets, stablecoins, institutional data, and cross-chain services. LINK is positioned as network metrics, a crucial oracle infrastructure underlying on-chain financial applications.
Chainlink Price Eyes $10 as Bullish Momentum Builds At the time of writing, the LINK price traded at $8.764, gaining 3% on the four-hour timeframe. Chainlink was inside a rising channel, having bounced off support at about $8.20.
The Relative Strength Index was 69, which is close to overbought. The reading is an indication of great momentum but also gives an indication of a possible temporary pullback. The Chaikin Money Flow indicator climbed to 0.24, showing strong capital inflows.
A sustained movement above $9.00 would pave the way to $9.50. The Long-term Chainlink forecast can then be aimed at the psychological price of $10.00 provided the volume is supportive.
Source: LINK/USDT 4-hour chart: TradingView However, rejection near $9.00 could push Chainlink price toward $8.50. The ascending channel’s lower boundary provides additional support around $8.30.
A fall below the 8.30 mark would undermine the bullish formation. Such a move could expose LINK to the $8.00 support area.
LINK Open Interest Surges 13% as Trader Activity Strengthened The Chainlink derivatives market recorded stronger activity as trading volume climbed 52.33% to $524.77 million. The open interest also went up 13.21% to $540.34 million during the period.
Source: Coinglass data The data shows that net inflows into outstanding futures contracts for LINK occurred during the period, showing that traders stepped up bets on the token. When volume and open interest are both increasing, it can be an indication of increased market interest and increased conviction by traders in derivatives.
Harmony confirmed a suspected exploit after an attacker minted roughly 4 billion ONE tokens via empty blocks, equal to about 26% of total supply, sending the token to a record low.The July U.S. CPI print is due at 12:30 UTC and is the main macro event of the day. Brent crude is near $90 a barrel after fresh Houthi attacks on shipping in the Bab el-Mandeb Strait and a US strike on a vessel in the Gulf of Oman overnight, complicating the inflation picture.Bitcoin is up 0.23% since midnight UTC at around $63,979, with Fear and Greed at 38 and total market cap holding at $2.19 trillion.Crypto markets were steady on Wednesday as traders absorbed a protocol exploit while waiting for a U.S. inflation report that often sets the tone for risk assets.
Harmony, a layer-1 blockchain network for DeFi protocols and marketplaces. confirmed it had been hit by an exploit early in the Asian day. An attacker minted some 4 billion ONE tokens through empty blocks, representing about 26% of the token's circulating supply.
Around 2.8 billion of the tokens were quickly funneled to exchanges, pushing ONE down as much as 40% to a record low.
Broader markets were also little changed before the July U.S. CPI print, due at 12:30 UTC. Brent crude is near $90 a barrel after more Houthi attacks on shipping in the Bab el-Mandeb Strait and a U.S. strike on a vessel in the Gulf of Oman renewed supply concerns overnight.
Bitcoin BTC$63,936.72 absorbed all of this quietly, adding 0.23% since midnight UTC to around $63,900. The Fear and Greed index is at 38.
Derivatives positioningFutures market stasis masks a bearish shift in taker sentiment: While the aggregate crypto futures market appears to be in stasis, with negligible changes in total volume and open interest, underlying positioning is shifting. The long-short ratio for takers, or those executing market orders that remove liquidity from the book, has flipped bearish, with shorts now accounting for 51.36% of activity. This is a 180-degree reversal from the bullish bias observed earlier in the week.Avalanche shows signs of aggressive shorting as open interest climbs: The AVAX token has emerged as one of the largest laggards among the top 100 coins over the past 24 hours, even as open interest (OI) grew 6%. A combination of falling prices and rising OI validates the current weakness in the spot price. Confirming this trend is the 24-hour cumulative volume delta (CVD), which is the most negative among major assets, suggesting that bears are aggressively shorting via market orders rather than utilizing passive limit orders.Dogecoin leverage builds toward a potential volatility breakout: Open interest in DOGE futures continues to climb, surpassing 17.2 billion tokens, the most since October. This significant growth from the June low of 12 billion tokens occurred while the price remained pinned near the 7-cent mark. The buildup of leverage amid sideways price action suggests that the market may be coiled for a significant volatility event in the near term.Major assets see light positioning: Market participation in the two largest cryptocurrencies remains subdued, with bitcoin’s open interest hovering below 750,000 BTC. This lack of momentum has persisted for several weeks, and a similar trend is visible in ether ETH$1,904.45, indicating that institutional and retail traders alike are currently sidelined in the majors.Selling pressure dominates the altcoin market according to CVD trends: Most of the 25 largest cryptocurrencies are exhibiting negative 24-hour cumulative volume deltas. This widespread selling pressure indicates a general bearish tilt across the sector, with Chainlink LINK$8.7973, Cronos CRO$0.04697, and Tron TRX$0.3361 being the only notable exceptions.Implied volatility remains depressed ahead of key U.S. inflation data: Bitcoin’s 30-day implied volatility index, BVIV, is back under pressure, receding to 37.5% from Monday’s high of 38.66%. Short-dated one-week implied volatilities also remain at low levels, signaling that options traders are not anticipating significant changes following the U.S. CPI release. This suggests the market may be underpricing the actual event risk.Options traders eye the $70,000 level while hedging for volatility: In the Deribit bitcoin options market, the $70,000 call remains the most actively traded contract for the second consecutive day. Simultaneously, there is a growing preference for BTC strangles, a strategy involving the simultaneous purchase of puts and calls, indicating that some participants are positioning to profit from a sharp move in either direction.Token talkCRV is the week's standout performer, up roughly 35% over seven days and trading around 28 cents. The move coincides with a 15% annual emissions reduction that is set to trigger imminently. It has risen by more than 3% since midnight UTC.Uniswap (UNI) has tumbled by more than 10% over the past 24 hours with no clear catalyst for the slide, suggesting the altcoin market remains vulnerable to price swings due to limited liquidity and market depth.Monero (XMR) is up by 5.8% since midnight and has now retraced Tuesday’s entire shift to the downside.AI tokens NEAR, FET and TAO are all also in the black, up by between 1.3% and 2.3% respectively as AI-themed optimism slowly returns to the market after months of waning sentiment.Related Assets
12345678910
Building the Zcash Machine: Tachyon and Quantum Readiness
Building the Zcash Machine: Tachyon and Quantum Readiness
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Jun 30, 2026
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
CryptoQuant analyst Axel Adler Jr. wrote in a post that Bitcoin’s current volatility has compressed to an extremely low level, with no clear market direction emerging for now. The Bollinger Band width is currently around 3.8% to 3.9%, one of the lowest levels in the past two years, compared to double-digit levels in early July. He noted that a sharp contraction of the Bollinger Bands typically signals the market entering a consolidation phase before volatility expansion, though the indicator alone cannot determine the direction of the next price move. In terms of trend strength, Bitcoin’s Average Directional Index (ADX) has dropped to 11, near recent lows and well below the 25 threshold his model uses to confirm a trend. The TrendActive indicator remains inactive, with neither bullish nor bearish signals triggered; the last directional signal in early July was bearish, but the current market structure no longer supports that signal. Adler stated that for the market to enter a new trend phase, the Bollinger Band width needs to expand again from its current compressed state, alongside the ADX breaking above 25. The direction can then be judged based on the relationship between the Positive Directional Indicator (+DI) and Negative Directional Indicator (-DI): if either leads by more than 5 points, a corresponding bullish or bearish signal may be triggered. He believes Bitcoin is still in a consolidation phase, with low volatility and trend strength, and the risk of short-term false breakouts remains. The current structure increases the likelihood of significant volatility expansion ahead, but it is still impossible to determine whether the price will eventually break out upward or downward.
Relevant content
The "Big Short" Michael Burry criticizes Buffett’s successor for making aggressive investments when the market is overheated.
"The Big Short’s Michael Burry has stated that Berkshire Hathaway, under the leadership of CEO Greg Abel, is no longer attractive, and he has raised questions about Abel’s capital allocation discipline. Burry argues that Abel deploys cash too aggressively when market prices are elevated, rather than waiting for 'fat pitches' as Warren Buffett does. Berkshire has spent heavily on stock buybacks, equity investments and acquisitions, reducing its cash reserves. Michael Burry is renowned for successfully shorting the U.S. housing market ahead of the 2008 financial crisis, and his investment views have long drawn close attention from the market."
9 minutes ago
Hyperliquid is seeking to expand into the U.S. market.
Hyperliquid is exploring paths to expand its perpetual contract business into the U.S. market. The platform is currently not open to U.S. users. Earlier, the Hyperliquid Policy Center, funded by the Hyper Foundation, has been conducting policy research and advocacy in Washington, D.C., to push for the U.S. to establish a regulated access framework for on-chain perpetual contracts and decentralized market infrastructure. (The Information)
9 minutes ago
Spot gold breaks through $4,440 per ounce, hitting a new high since June 5
According to Bitget market data, spot gold has broken through $4,440 per ounce, hitting its highest level since June 5, with an intraday gain of 1.66%.
9 minutes ago
Serenity maintains a bearish outlook on CRWV, noting that the company's debt interest is severely eroding its cash flow.
Serenity stated in a post that it has maintained a public bearish stance on NeoCloud (CRWV). "Despite strong demand, over $100 billion in backlog orders, and an adjusted EBITDA margin of 59%, the company’s interest expenses reached $640 million, accounting for roughly 42% of its EBITDA, which has widened its net losses."
9 minutes ago
The Swiss National Bank holds 736,300 shares of Strategy, valued at approximately $72.39 million.
According to BitcoinTreasuries, the Swiss National Bank reported holding 736,300 shares of Strategy (MSTR), valued at approximately $72.39 million.
9 minutes ago
CPI Data Interpretation: Energy Price Declines Contributed Significantly, Though Inflation May Reignite Again in August.
Market analysis notes that falling energy prices helped cool inflation in July, with gasoline prices dropping 2.9% month-on-month and fuel oil down 1.7%. However, this reprieve may be temporary. Recent rebounds in crude oil prices and strong refining margins have begun driving up fuel costs. The current average U.S. gasoline price stands at $4.03 per gallon, a notable increase from $3.87 a month earlier, suggesting energy could exert fresh upward pressure on August inflation.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
TL;DR:
BTC's 90-day correlation with gold reverses from -0.9 to +0.7 as fiscal and geopolitical risk drives capital into both assetsSHIB whale wallets shrink to 0.04% of holders while retaining 94.57% of supply, price stalls near $0.00000449 supportBinance's bStocks captures 27% of the tokenized stock market, holder base up 399% to 222,351 addresses on $619.57 million in assetsBTC holds below the 50-day SMA at $64,316, with a break above $67,000 opening a path toward $71,000 amid Fed liquidity support and Ethereum staking inflowsIs "digital gold" back?Amid U.S. fiscal pressure and geopolitical tensions, Bitcoin has become tightly linked to gold. According to CryptoQuant, their 90-day correlation has undergone a radical reversal, soaring from -0.9 in the winter to +0.7 by August 2026.
CryptoQuant CEO Ki Young Ju says the era of "digital gold" is returning, while spot ETFs are only accelerating the process by allowing funds to buy both assets within the same portfolios.
HOT Stories
Bloomberg Intelligence senior analyst Mike McGlone, however, suggests valuing assets not in dollars but in ounces of gold. From this perspective, the Bitcoin-to-gold ratio of 1.86 and the S&P 500-to-gold ratio of 1.77 on Aug. 11–12 have only briefly rebounded from multiyear lows and risk moving lower again in the second half of the year.
Bitcoin to Gold to SPX chart comparison, Source: Mike McGlone / BloombergCrypto still lacks the internal strength to outperform physical gold over the long term.
The chart's rise is largely technical, as older negative data from the beginning of the year are simply rolling out of the calculation window. In addition, a positive correlation works both ways: during a severe liquidity crisis, Bitcoin and gold could fall in tandem.
Bitcoin's dependence on the Nasdaq should not be forgotten either. Crypto moves more aggressively than the metal, and during periods of panic, Bitcoin still tends to fall alongside technology stocks.
The current convergence between the leading cryptocurrency and the precious metal is a temporary tactical alliance against inflation, not the final recognition of Bitcoin as an absolute safe haven. At least for now.
SHIB loses whales as large players' wallets falls to 0.04%A fresh on-chain audit of the Shiba Inu (SHIB) coin has identified an important trend: large players continue to gradually exit the asset, causing the wallets of whales to shrink to a symbolic 0.04% of all wallets.
Although these remaining 736 addresses still control an enormous 94.57% of the supply, the overall trend points to a steady reduction in whale positions and the redistribution of tokens.
Capital is flowing into millions of smaller wallets, while the token continues to trade as a high-beta Ethereum asset that is completely dependent on its liquidity.
Shiba Inu (SHIB) holders overview, Source: EtherscanThe price of SHIB continues to slide within a downtrend and is trading near $0.00000449. The market remains passive, with the RSI stalled at 44.75 and retail traders lacking the volume required to produce a reversal.
A tight battle is currently unfolding around the local $0.00000440–$0.00000420 support zone, where buyers are attempting to establish a line of defense and protect the asset from further losses amid the outflow of large capital.
Bearish scenario: If the current $0.00000440 support level is decisively broken amid the reduction in whale positions, a volume vacuum will open and the price could immediately plunge toward the yearly lows near $0.00000382.Bullish scenario: Any local rebound is currently possible only if Ethereum itself stages a strong reversal. Even if a rally begins, the price will quickly encounter a major resistance wall at $0.00000590–$0.00000630, where whales most actively unloaded their positions in mid-summer.Retention, not extraction: CZ explains how Binance captured a quarter of the tokenized stock marketBinance's bStocks platform captured 27% of the global tokenized stock market just two months after its June launch. The value of assets in the system surpassed $619.57 million, prompting Binance founder Changpeng Zhao, known as CZ, to respond directly to competitors.
bStocks consists of U.S. stocks and ETFs brought onto BNB Chain in a 1:1 format under ADGM regulatory oversight. Investors receive self-custody, automatic dividend reinvestment, and 24/7 trading without conversion fees.
According to the latest data, this blockchain-based format for traditional finance has attracted a rapid influx of users:
The holder base surged 399% over the past month, rising from 44,000 to 222,351 addresses.Monthly on-chain transfer volume reached $21.5 billion.The most in-demand assets were among 2026's market trailblazers: tokenized SanDisk led by market capitalization at $86.97 million, followed by SpaceX at $82.54 million and Circle at $75.48 million, leaving NVIDIA and Tesla behind.Commenting on the platform's dominance, which increased from 10% of the market in its first month to 27% in its second, CZ said Binance's secret lies in retaining users over the long term rather than trying to extract a quick profit from them.
bStocks tokenization metrics and breakdown of biggest assets, Source: RWA.xyzHe criticized competitors' market practices, noting that many platforms attract users with claims of zero fees and bonuses while imposing hidden charges behind the scenes or trading against their own clients.
According to CZ, competitors' inability to build genuine loyalty allowed Binance to capture more than a quarter of the emerging global RWA sector.
Crypto market outlook: Bitcoin reversal toward $71,000 amid Fed liquidity injectionsBitcoin remains pinned below the 50-day SMA at $64,316. A break above this level would trigger a local reversal, while remaining below it would send the price toward support at $63,348.
Two factors are easing pressure on the market. First, the Federal Reserve Bank of New York allocated $5.179 billion to purchase Treasury bills, protecting banks from a liquidity shortage. Second, Fidelity is introducing 100% Ethereum staking with dividend payments. This encourages institutional investors to hold their coins for longer and reduces the available market supply.
Key checkpoints:
Fidelity plans to stake all the Ethereum held by its fund and use the generated yield to make regular cash dividend payments to investors.Bitcoin's chart is tightening within an inverse head-and-shoulders pattern, where a move above $67,000 would open a direct path toward the next target near $71,000.The Federal Reserve allocated $5.179 billion to purchase short-term Treasury bills, aiming to support the stability of the interbank system and stabilize money markets.The Bank of England, together with Polygon, has moved to practical tests of a digital pound, examining the capabilities of blockchain networks in settlements and real-economy financing.The mass opening of Bitcoin short positions has created a $5.11 billion liquidation zone that would trigger a cascade of forced buying if the price reaches $71,000.A similar setup has emerged in the Ethereum futures market, where a local price move toward $2,090 would force the immediate closure of more than $2.62 billion in short positions.https://u.today/hyperliquid-hype-ethereum-eth-bitcoin-btc-and-shiba-inu-shib-price-analysis-for-august-11-market?from=article-links
Binance’s Bitcoin reserves have reached approximately 667,500 BTC, the highest point since February, according to on-chain data platform CryptoQuant. The increase comes as Bitcoin continues to trade near $64,000, drawing attention from market participants monitoring exchange balances for insights into available supply and potential market sentiment shifts.
Sharp rise in exchange reservesCryptoQuant reported that Binance’s reserves stood near 616,000 BTC in April, meaning reserves have grown by about 51,500 BTC in recent months. These figures reflect notable changes from previous periods, as the exchange’s Bitcoin holdings have fluctuated sharply throughout the past half-year.
The CryptoQuant metric tracks the total Bitcoin held at addresses identified as being under Binance’s control. However, these reserves do not indicate how much of this Bitcoin is actively available for sale at any given moment, since not all holdings are immediately positioned on order books.
Binance operates as one of the world’s largest cryptocurrency exchanges, serving millions of users globally with both spot and derivatives markets.
Mini dictionary: CryptoQuant, a blockchain analytics firm, provides data-driven insights by monitoring and analyzing on-chain metrics related to digital assets, enabling investors to track exchange reserves and asset flows.
Factors behind reserve growthOn-chain analysts have noted that rising centralized exchange reserves can suggest an increase in the amount of Bitcoin available for trading. Higher reserves may indicate that users are transferring coins onto exchanges in anticipation of potential selling activity. However, factors such as liquidity transfers, custodial changes, and internal operations at Binance can also raise reserves independently of investor intent to sell.
While rising exchange reserves may point to increased availability for potential sales, this data alone does not confirm whether holders intend to sell or retain their funds.
Analysts commented that further growth in reserves, coupled with a declining Bitcoin price, could serve as a stronger sign of potential selling pressure. They also observed heightened deposit inflows during recent periods, further contributing to Binance’s reserve buildup.
Recent Bitcoin price movementBitcoin itself fell below $64,000 on Tuesday, recording a daily decline of 0.78%. Investors awaited the next US Consumer Price Index (CPI) release for fresh macroeconomic signals, which could influence short-term market trends.
Contrasting data sets and on chain movementsWhile CryptoQuant measures Binance’s overall reserves, Lookonchain, another blockchain analytics provider, focused on a single high value Bitcoin address. Between July 19 and August 8, this address received 6,494.35 BTC across 45 deposits, amounting to a balance of roughly $423 million at its peak.
Subsequently, 25 outgoing transactions moved the majority of those funds—23 of which transferred BTC to another address linked to Binance, according to Binance’s 2022 Proof of Reserves report and US court filings. However, there is no verified information confirming that Binance continues to control this address, nor is there clear evidence that these movements signaled preparations for selling assets.
The current ownership of this wallet and the intent behind the transfers remain uncertain, with transaction history showing no direct signs of imminent asset sales.
Differences between data sets highlight how aggregate exchange metrics and individual wallet movements each offer distinct perspectives on Binance’s handling of Bitcoin reserves and user activity.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
TLDR Binance Bitcoin reserves rose to about 667,500 BTC, the highest level since February. The balance is up roughly 51,500 BTC from April’s level of around 616,000 BTC. Rising reserves can point to more available supply, but they don’t confirm selling. A Binance-linked wallet received 6,494 BTC in deposits between July 19 and August 8. Bitcoin traded under $64,000 on Tuesday as traders waited for the next US CPI report. Binance Bitcoin reserves have climbed to about 667,500 BTC. That is the highest level held on the exchange since February, according to data from CryptoQuant.
The increase happened while Bitcoin traded near $64,000. Traders have been watching exchange balances closely for signs of change in available supply.
CryptoQuant data showed Binance’s reserves sitting near 616,000 BTC back in April. Since then, the balance has grown by close to 51,500 BTC.
The current level follows several months where the exchange’s holdings moved up and down sharply. This is the first time in six months the balance has reached this point.
What Rising Binance Reserves Mean A higher reserve number on a centralized exchange usually means more coins are sitting in a place where they could be sold. It does not mean a sale has happened.
CryptoQuant’s tracking method looks at wallets identified as belonging to Binance. It measures the total balance, not what is listed in active sell orders.
According to on-chain analysts, growth in exchange reserves can point to more supply becoming available for trading. This can raise the chance of selling activity.
But there are other explanations too. Liquidity transfers between wallets, changes in custody arrangements, or internal exchange operations can all add to the balance without any plan to sell.
Analysts have said the picture would look different if reserves kept rising while the price of Bitcoin dropped. A rise in deposits during the same period would also add weight to that reading.
On Tuesday, Bitcoin fell under $64,000, down about 0.78% over the prior day. Traders were focused on the upcoming US CPI report rather than exchange flows alone.
Wallet Transactions Explained Separate data from Lookonchain looked at a single wallet linked to Binance rather than the exchange’s full reserves. This gives a narrower view of the recent activity.
The wallet received 6,494.34685667 BTC across 45 deposits between July 19 and August 8. At the time, that amount was worth close to $423 million.
The coins then left the wallet through 25 outgoing transactions. In 23 of those transfers, the funds moved to one specific address.
That receiving address was identified in Binance’s 2022 Proof of Reserves report and named in US court documents as belonging to the exchange.
There is no confirmation that Binance still controls this particular address today. The transaction pattern also does not show any sign that the coins are being prepared for sale.
The purpose behind the transfers and current ownership of the wallet remain unclear. What is known is limited to the deposit and withdrawal pattern itself.
Bitcoin remained below the $64,000 mark as of Tuesday’s trading session. Market attention has shifted toward the next CPI release for direction on price.
Kostas Chalkias, co-founder and chief cryptographer at Mysten Labs, has revealed he is building affordable quantum-safe two-factor authentication cards for the Sui blockchain. The project puts a fresh spotlight on hardware wallet security at a moment when the sector is dealing with one of its worst-ever exploits.
Sub-$10 Cards, NFC Signatures and a Dedicated Factory Chalkias has set a target of under $10 per quantum card key and one to two seconds per NFC quantum signature. To reach that at scale, he quietly leased a factory to mass-produce quantum-resistant hardware wallet cards for Sui. The work has been carried out on personal time outside his day job, and Chalkias has said he may go as far as sponsoring cards for users who cannot afford them.
The push fits a broader pattern of quantum preparedness at Mysten Labs. Sui can adopt new authentication methods, including post-quantum cryptography, at the flip of a switch, and Chalkias has said the network was "designed to be quantum-ready from day one." Existing Sui accounts would be able to rotate into a quantum-safe key derived from their existing recovery phrase rather than requiring a full migration to a new wallet. Chalkias holds a PhD in identity-based cryptography and plays a key role in the development of the Sui blockchain and the Walrus decentralised storage layer.
Coldcard Exploit Sharpens the Focus on Wallet Security Chalkias has cited recent hardware wallet failures as part of his motivation, and the timing is pointed. Beginning July 30, 2026, an attacker exploited a five-year-old firmware flaw in Coinkite's Coldcard hardware wallet to systematically drain bitcoin from affected devices, with the root cause traced to a March 2021 firmware release that caused seed generation to fall back on a weak software random number generator rather than the device's hardware-based source of entropy.
Galaxy Research confirmed 1,596 $BTC stolen across three attack waves, with a suspected fourth wave that could bring the total to approximately 2,055 BTC, worth close to $130 million. At least four waves of theft followed, draining funds from more than 5,200 addresses. The root cause was weak random-number generation dating to a March 2021 firmware build, not a flaw in the Bitcoin protocol itself.
Coinkite shipped emergency firmware for every affected model on July 31, but installing it does not repair an existing seed. Anyone who generated a seed on a Coldcard between March 2021 and the patch should treat it as compromised and migrate to a new seed. The incident has reinforced the case for rethinking how cryptographic keys are generated and secured at the hardware level, the precise problem Chalkias says he is working to address.
Sources:
Bitcoin.com News: Sui Co-Founder Is Building Quantum-Safe Hardware Wallets For $10
TRM Labs: The Largest Hardware Wallet Exploit of 2026, Inside the $116 Million Coldcard Hack
The Hacker News: Coldcard Hardware Wallet Flaw Linked to $70 Million Bitcoin Theft in 41 Minutes
Veteran investor Cathie Wood voiced her support on Tuesday for Bitcoin Policy’s open letter, which urges AI labs to aid “open-source defenders.”
Calls for Trusted Access to Frontier ModelsThe open letter by the Bitcoin Policy Institute—a non-partisan think tank conducting research on Bitcoin (CRYPTO: BTC) and emerging monetary networks —and a broad coalition from the digital-asset ecosystem. It urges AI labs to establish a clear, trusted pathway for open-source and digital asset defenders to access their “strongest capabilities.”
“Frontier AI could become one of the most powerful defensive technologies ever developed, but only if defenders get fair access to those systems,” Bitcoin Policy Institute said.
The letter said that “digital-asset defenders,” including Bitcoin Core developers, lack access to approved cybersecurity research programs, and frontier-model guardrails block real security work, so they fall back on “less capable” open-weight models for critical reviews
Wood endorsed the letter, stressing the potential of AI to become a “powerful defensive technology.”
The Ark Invest founder described Bitcoin as a “critical public financial infrastructure” and demanded that those securing it have access to the “most powerful AI models” available.
Read Next
Wood’s Bullish on AI, BitcoinWood remains a strong advocate of AI, arguing that the technology has already sparked a "technology revolution."
ARK Invest heavily targets AI exposure, with the firm purchasing Nvidia Corp. (NASDAQ:NVDA) shares worth around $26.6 million on Monday via its different exchange-traded funds.
The asset manager also bought the dip in Taiwan Semiconductor Manufacturing (NYSE:TSM), scooping up $20.1 million worth of shares at the end of July.
Yet, Wood contends that AI cannot serve as the "insurance policy" for wealth protection that many investors currently desire, in the way Bitcoin does.
Wood viewed Bitcoin as an ideal hedge against any form of uncertainty. She maintains her $730,000 base case Bitcoin target for 2030.
Price Action: At the time of writing, BTC was exchanging hands at $63,664.17, down 0.42% in the last 24 hours, according to data from Benzinga Pro.
Read Next
Photo Courtesy: Memory Stockphoto on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Bitcoin ve kripto para piyasası, yeni güne sınırlı hareketlerle başladı. Toplam piyasa değeri yüzde 0,15 yükselerek 2,19 trilyon dolara çıkarken Bitcoin yüzde 0,20 gerileyerek 63.795 dolara indi. Yatırımcıların odağında ise bugün açıklanacak ABD temmuz ayı enflasyon verisi ve haftanın geri kalanındaki kritik makroekonomik göstergeler bulunuyor.
Ethereum yüzde 0,89 artışla 1.889 dolara yükselirken altcoin tarafında da genel olarak pozitif bir görünüm oluştu. XRP yüzde 1,02 değer kazanarak 1,02 dolara çıkarken Solana yüzde 0,60 yükselişle 76,24 dolara ulaştı.
Kripto ETF Piyasasında Bitcoin Ve Ethereum Neden Ayrıştı? Spot ETF piyasasındaki para hareketleri de yatırımcıların risk iştahını değerlendirmek açısından önemini koruyor. 11 Ağustos’ta spot Bitcoin ETF’lerine 4,89 milyon dolarlık net giriş gerçekleşti. Buna karşılık spot Ethereum ETF’leri 1,76 milyon dolarlık net çıkış kaydetti.
Altcoin ETF’lerinde ise daha sınırlı bir hareketlilik görüldü. Solana ETF’lerine 1,43 milyon dolar net giriş gelirken XRP, DOGE, HYPE, BNB, LINK, LTC, AVAX, HBAR ve DOT ETF’lerinde net akış oluşmadı.
Bu tablo, kurumsal yatırımcıların dijital varlık piyasasından tamamen uzaklaşmadığını gösteriyor. Ancak sermaye girişlerinin belirli varlıklarda yoğunlaşması, kurumsal talebin kripto piyasasının tamamına eşit şekilde yayılmadığına işaret ediyor.
ABD TÜFE Verisi Bitcoin Fiyatını Nasıl Etkileyebilir? Haftanın en önemli gelişmesi ABD’nin temmuz ayına ilişkin Tüketici Fiyat Endeksi (TÜFE) verisi olacak. Açıklanacak rakam, FED’in faiz politikasına yönelik beklentileri değiştirebileceği için Bitcoin açısından yakından izleniyor.
Enflasyonun beklentilerin üzerinde gerçekleşmesi, faiz indirimlerine ilişkin beklentileri zayıflatabilir. Böyle bir tabloda dolar ve tahvil getirileri yükselerek riskli varlıklar üzerinde baskı oluşturabilir.
Bunun tersine, TÜFE’nin tahminlerin altında kalması para politikasının daha gevşek olabileceği beklentisini güçlendirebilir. Bu senaryo Bitcoin ve altcoin’ler açısından daha destekleyici bir piyasa ortamı oluşturabilir.
Bitcoin İçin 64 Bin Dolar Seviyesi Neden Önemli? Bitcoin’in 64 bin doların altında işlem görmesi, yatırımcıların kritik ekonomik veriler öncesinde temkinli davrandığını gösteriyor. Son dönemde BTC’nin makroekonomik gelişmelere ve faiz beklentilerine duyarlılığının artması, ekonomik veri takvimini kripto yatırımı açısından daha önemli hale getirdi.
Piyasanın yönünü yalnızca TÜFE belirlemeyecek. Perşembe günü açıklanacak Üretici Fiyat Endeksi (ÜFE), cuma günü yayımlanacak Perakende Satışlar ve Michigan Tüketici Güveni verileri de FED beklentileri üzerinden fiyatlamaları etkileyebilir.
Dolayısıyla yatırımcıların kısa vadeli piyasa analizi yaparken yalnızca fiyat grafiklerine değil, ABD ekonomisinden gelecek sinyallere de dikkat etmesi gerekiyor.
Kripto Piyasasında Sırada Hangi Veriler Var? Önümüzdeki günlerde ekonomik verilerin yanı sıra spot ETF akışları da takip edilecek. Bitcoin ETF’lerinde görülen 4,89 milyon dolarlık giriş, kurumsal talebin tamamen kaybolmadığını gösterse de rakamın sınırlı olması yatırımcıların hâlâ ihtiyatlı hareket ettiğini ortaya koyuyor.
ETF’lerdeki giriş ve çıkışlar, özellikle büyük sermayenin hangi dijital varlıklara yöneldiğini anlamak açısından önemli bir gösterge olmaya devam ediyor. Bu nedenle Bitcoin’in 64 bin dolar çevresindeki hareketi ile ETF akışlarının birlikte değerlendirilmesi gerekiyor.
Önümüzdeki günlerde açıklanacak veriler, faiz beklentilerini ve dolayısıyla kripto piyasasının risk iştahını yeniden şekillendirebilir.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
25 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
25 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
25 minutes ago
Yesterday, U.S. spot Bitcoin ETFs saw a net inflow of $7.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $1.7 million.
According to data from Farside Investors, Bitcoin spot ETFs posted a total net inflow of $7.8 million on August 11. BlackRock’s IBIT recorded a $50.2 million net inflow, while Fidelity’s FBTC saw an outflow of $4.1 million, ARKB an outflow of $11.5 million, EZBC an outflow of $16.5 million, and HODL an outflow of $10.3 million. The remaining ETFs had minor or zero capital flows. For Ethereum spot ETFs, total net outflows reached $1.7 million on August 11. BlackRock’s ETHA posted a $600,000 net inflow, while Franklin’s FETH saw a $2.3 million outflow, with all other Ethereum ETFs registering zero capital flows.
25 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
25 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
25 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
25 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
25 minutes ago
Yesterday, U.S. spot Bitcoin ETFs saw a net inflow of $7.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $1.7 million.
According to data from Farside Investors, Bitcoin spot ETFs posted a total net inflow of $7.8 million on August 11. BlackRock’s IBIT recorded a $50.2 million net inflow, while Fidelity’s FBTC saw an outflow of $4.1 million, ARKB an outflow of $11.5 million, EZBC an outflow of $16.5 million, and HODL an outflow of $10.3 million. The remaining ETFs had minor or zero capital flows. For Ethereum spot ETFs, total net outflows reached $1.7 million on August 11. BlackRock’s ETHA posted a $600,000 net inflow, while Franklin’s FETH saw a $2.3 million outflow, with all other Ethereum ETFs registering zero capital flows.
25 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
25 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
Bitcoin (BTC) gained 2.15% last week, trailing the S&P 500's 3.51% return and the Nasdaq's 5.09% gain, despite a broad rally across risk assets. The gains came following a weaker-than-expected July payrolls report, according to market-making firm Wintermute.
In an X post on Tuesday, analysts at the firm stated that the macro-driven rally could face a test from US inflation data, with the July Consumer Price Index (CPI) set for release on Wednesday. Wintermute warned that a hotter-than-expected CPI reading could put pressure on the broader risk rally.
Bitcoin ETF inflows rebound ahead of inflation data releaseDespite the lag in Bitcoin's momentum, institutional inflows appear to be picking up again. US spot Bitcoin exchange-traded funds (ETFs) recorded $853.5 million in net inflows across five consecutive trading sessions, marking their strongest weekly performance since mid-April.
Ethereum ETFs also attracted $244.9 million during the week, extending their positive streak to five consecutive weeks. More than 80% of the combined Bitcoin and Ethereum ETF inflows went to BlackRock products. The renewed demand represents a notable improvement from the recent rotation away from BTC.
However, Wintermute highlighted that the inflows have yet to produce a stronger price response from BTC.
“The improvement in ETF flows is encouraging, but one week doesn't tell us much about the structural nature of the inflow trend,” Wintermute wrote.
The firm stated that the divergence in Bitcoin's performance from the rest of the risk assets suggests that the ETF bid is still being met with selling pressure.
“ETF inflows are back, but we need to see them continue for a little longer before turning outright constructive,” the firm added.
Wintermute noted that ETF inflows and digital asset treasuries need to “hold up through the end of summer” for the institutional flows to be considered constructive. The major catalysts to determine the outcome include the US CPI and PPI inflation data releases this week, along with the Jackson Hole meeting later in the month and cloture on the CLARITY Act.
Wells Fargo tokenized products add to corporate interest in blockchain settlementMeanwhile, traditional financial institutions continued moving toward blockchain-based infrastructure. Wells Fargo plans to launch tokenized deposits this fall, initially supporting a USD/GBP exchange for corporate clients via its own blockchain and expanding the offering through 2027.
The development adds to a broader trend of major financial institutions adopting blockchain technology for settlement and payment infrastructure, even as they remain selective about crypto assets themselves.
“Banks are not adopting crypto's assets; they are adopting its plumbing to defend their own, which is the quieter half of the institutionalization trade,” Wintermute shared.
Bitcoin is trading at $63,514, down 0.6% in the past 24 hours at the time of writing.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
25 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
25 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
25 minutes ago
Yesterday, U.S. spot Bitcoin ETFs saw a net inflow of $7.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $1.7 million.
According to data from Farside Investors, Bitcoin spot ETFs posted a total net inflow of $7.8 million on August 11. BlackRock’s IBIT recorded a $50.2 million net inflow, while Fidelity’s FBTC saw an outflow of $4.1 million, ARKB an outflow of $11.5 million, EZBC an outflow of $16.5 million, and HODL an outflow of $10.3 million. The remaining ETFs had minor or zero capital flows. For Ethereum spot ETFs, total net outflows reached $1.7 million on August 11. BlackRock’s ETHA posted a $600,000 net inflow, while Franklin’s FETH saw a $2.3 million outflow, with all other Ethereum ETFs registering zero capital flows.
25 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
25 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
SkyBridge Capital founder Anthony Scaramucci agreed with Peter Schiff’s concerns on Tuesday about soaring U.S. debt and inflation, but favored Bitcoin (CRYPTO: BTC) over gold as the solution.
Scaramucci Concerned Over US Financing NeedsScaramucci took to X to break down Schiff’s blog post on America’s fiscal outlook, highlighting elevated deficits and interest burdens.
Scaramucci said Schiff’s annualized government borrowing figures are overstated, though the real number—$2.5 trillion, by his count—is “still enormous outside a recession.”
The national debt has soared to $39.89 trillion, while the deficit has swelled to $1.366 trillion as of this writing. The U.S. debt-to-GDP ratio was about 31% in 1980. Today it is roughly 120%.
Agreement on Problems, but Not SolutionScaramucci then dissected Schiff’s conclusion that there is “no way out of this situation except through inflation,” and that whoever runs the Fed will keep the presses rolling.
He agreed on the macro problem, but not the solution.
“He [Schiff] has written, in ten charts, the exact argument he’s spent a decade calling a fraud. He just needs the answer to be gold,” Scaramucci said. “I read the same charts and reach a different asset. Buy Bitcoin.”
Read Next
Two Different NarrativesSchiff is a long-time gold bull, recognizing the yellow metal as a time‑tested hedge against fiscal excess and inflation. On the contrary, he views Bitcoin as a “highly speculative collectible digital token” that does not deserve to be placed in the same category as gold.
Scaramucci, meanwhile, sees Bitcoin as a scarce, inflation hedge, which is “part of the answer” in the evolving monetary system.
Notably, gold has outperformed Bitcoin over both the 1-year and 5-year periods. Though in 2026, a year marked by the Iran conflict and heightened geopolitical tensions, the yellow metal has not been a particularly strong performer.
AssetYTD Gains +/-1-Year Gains +/-5-Year Gains +/-Bitcoin-28.21%-48%
+38%Spot Gold
-0.394989%+31%+149%Price Action: At the time of writing, BTC was exchanging hands at $63,679.67, down 0.48% over the last 24 hours, according to data from Benzinga Pro.
Read Next
Photo Courtesy: Al Teich on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Net Buyer Despite Tactical SalesStrategy (@MicroStrategy) CEO Phong Le (@phongle) says the company plans to resume buying $BTC later this year, pushing back against the idea that a run of recent sales signals a change in conviction.
In an interview with FOX Business, Le said Strategy had purchased around 175,000 Bitcoin since the beginning of the year while selling roughly 7,000 BTC, making the company a significant net buyer. The company has bought roughly 25 times more BTC than it has sold this year, despite the sales that drew scrutiny from the market.
Strategy's Bitcoin holdings currently sit at approximately 840,447 BTC, down from over 846,000 BTC earlier in 2026. That figure represents more than 4% of Bitcoin's total supply, a concentration that no other publicly traded company comes close to matching.
Sales Tied to Capital Management, Not a Change in StrategyFox Business reported that Le expects Strategy to return to Bitcoin accumulation as the company builds its US dollar reserve and supports its preferred stock products. Its US dollar reserves have increased to $4.65 billion.
Le characterized the sales as tactical moves designed to enhance the firm's capital structure, specifically to shore up its balance sheet and normalize the value of its STRC preferred stock product, which had drifted from where management wanted it.
Strategy aims to raise over $80 billion through a combination of debt and equity instruments, funding that would fuel further Bitcoin purchases and push the company toward its stated goal of holding 1 million BTC.
Strategy (Nasdaq: MSTR) is the world's first and largest Bitcoin Treasury Company, holding more Bitcoin than any other publicly traded entity. The company rebranded from MicroStrategy to Strategy as part of its pivot toward becoming a leveraged Bitcoin vehicle with a software business attached.
Sources
CoinTelegraph: Strategy Remains Committed to Bitcoin Buys Despite Recent BTC Sales, CEO Says
Crypto.news: Strategy CEO Says Bitcoin Holdings Will Grow Again in 2026
SEC Filing: Strategy Inc. Form 8-K, Q1 2026 Financial Results
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
24 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
24 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
24 minutes ago
Yesterday, U.S. spot Bitcoin ETFs saw a net inflow of $7.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $1.7 million.
According to data from Farside Investors, Bitcoin spot ETFs posted a total net inflow of $7.8 million on August 11. BlackRock’s IBIT recorded a $50.2 million net inflow, while Fidelity’s FBTC saw an outflow of $4.1 million, ARKB an outflow of $11.5 million, EZBC an outflow of $16.5 million, and HODL an outflow of $10.3 million. The remaining ETFs had minor or zero capital flows. For Ethereum spot ETFs, total net outflows reached $1.7 million on August 11. BlackRock’s ETHA posted a $600,000 net inflow, while Franklin’s FETH saw a $2.3 million outflow, with all other Ethereum ETFs registering zero capital flows.
24 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
24 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
24 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
24 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
24 minutes ago
Yesterday, U.S. spot Bitcoin ETFs saw a net inflow of $7.8 million, while U.S. spot Ethereum ETFs recorded a net outflow of $1.7 million.
According to data from Farside Investors, Bitcoin spot ETFs posted a total net inflow of $7.8 million on August 11. BlackRock’s IBIT recorded a $50.2 million net inflow, while Fidelity’s FBTC saw an outflow of $4.1 million, ARKB an outflow of $11.5 million, EZBC an outflow of $16.5 million, and HODL an outflow of $10.3 million. The remaining ETFs had minor or zero capital flows. For Ethereum spot ETFs, total net outflows reached $1.7 million on August 11. BlackRock’s ETHA posted a $600,000 net inflow, while Franklin’s FETH saw a $2.3 million outflow, with all other Ethereum ETFs registering zero capital flows.
24 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
24 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Major cryptocurrencies continue to face technical hurdles after recent corrections, with Hyperliquid (HYPE), Ethereum (ETH), Bitcoin (BTC), and Shiba Inu (SHIB) all trading within significant support and resistance zones.
HYPE struggles to regain momentumHyperliquid has experienced a notable pullback from its previous highs near $70–$76 and is currently trading at $54.54. The token remains capped by a cluster of moving averages in the $56.65 to $56.90 range, which has so far limited any sustained recovery attempts. Buyers briefly pushed the price toward this resistance area in early August but failed to establish a foothold above it.
Consolidation below $57 has become the prevailing pattern, with stronger resistance emerging at $61.09. Regaining that level could improve the short-term outlook and reopen the path toward the $65–$68 range, and potentially another retest of $70. On the downside, support anchored near $50.77—corresponding to a long-term moving average—has held firm, making the $50–$51 zone a pivotal technical threshold.
A breakdown below this area could expose the upper $40s and disrupt the broader recovery structure. According to current indicators, the RSI stands near 43.3, signaling weak momentum without a clear entry into oversold conditions. HYPE remains locked in a neutral-to-bearish consolidation. A move above $57 would mark an initial improvement, while a breakout above $61 is needed for a convincing reversal.
Ethereum consolidates below resistanceEthereum is still consolidating below $1,900 following a rebound from lows recorded in June. At the moment, ETH trades at approximately $1,880—just above its short-term moving average at $1,875, but under pressure from resistance at $1,922. The current setup reflects challenging conditions, as buyers have repeatedly stalled in the $1,900–$1,925 range since late July.
Despite forming a series of higher lows since June, the broader outlook has not convincingly shifted bullish. Key support levels are found at $1,875 and a more dynamic band near $1,808. ETH remains below its longer-term moving average, which is situated around $2,140, underlining the absence of a strong trend reversal. Momentum indicators provide little clarity, with the RSI near 53.5 and its signal line close to 51, highlighting a lack of obvious directional bias.
The most important short-term trigger is a daily close above $1,925, which could refocus attention toward $2,000 and $2,140. If ETH retreats below $1,875, risk of a return to the $1,800–$1,810 region increases.
Bitcoin holds narrow range as momentum fadesBitcoin continues to trade tightly around $63,900, with the $63,000–$67,000 band defining the current structure. The leading cryptocurrency is positioned between two key short-term moving averages, with the faster reading slightly higher at $64,154 and support at $63,325. Price compression has grown more evident in the wake of June’s rebound, leading to a persistent sideways market since early July.
Overhead resistance around $66,000–$67,000 and a sloping moving average near $66,742 continue to cap recovery prospects. Long-term averages, set around $72,100, remain out of reach. Bitcoin’s RSI has slipped to 48.4, just below the neutral threshold, underscoring the lack of momentum for either buyers or sellers.
A drop below $63,300 could put $60,000 in play and reactivate interest in the June lows near $58,000. Conversely, reclaiming $66,700 would mark a significant bullish development, potentially setting up a revisit of the $70,000–$72,100 region. For now, Bitcoin remains in a consolidative bearish pattern.
SHIB faces renewed downside riskShiba Inu has returned to a critical support area after failing to hold onto its volatility-driven rally from late July. Currently, SHIB trades at $0.00000450, aligning closely with its moving average of $0.00000445. The token has slipped below the faster average of $0.00000462, reflecting reduced upward momentum.
Efforts to push higher last month briefly drove SHIB toward $0.0000058, but resistance quickly forced a reversal. The $0.00000495 mark now stands as the key short-term barrier. While the RSI’s signal line hovers near 54.3, the indicator itself has declined to 45.1, signaling waning bullish force without crossing into oversold territory.
The $0.00000440–$0.00000445 support zone is now vital for SHIB. A clear breakdown could expose previous consolidation levels at $0.00000410–$0.00000420 and open the door to fresh local lows. For a bullish reversal, SHIB must first reclaim $0.00000462 and follow through above $0.00000495. However, a significant long-term resistance sits at $0.000585, leaving the overall trend cautious unless these hurdles are cleared.
As price action in these cryptocurrencies revolves around narrowing ranges and critical support levels, the rise of new trading infrastructure is reshaping the landscape. While traditional markets utilize multiple brokers, a growing shift is underway as Wall Street adopts Web3. Investors increasingly leverage platforms like 1stepSwap to directly hold tokenized shares of major U.S. companies, gold, and silver in their crypto wallets, streamlining exposure to real-world assets (RWAs) and automating the search for optimal prices without intermediaries.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing mixed price action on Wednesday as traders assess key technical support levels. BTC remains under pressure after its recent decline, while ETH is attempting to extend its rebound from the 50-day Exponential Moving Average (EMA). Meanwhile, XRP is holding above the crucial $1 level, keeping its recovery attempt intact.
Bitcoin shows early signs of weaknessBitcoin price trades around $63,700 on Wednesday, retaining a bearish near-term bias as it holds below all key EMAs. The 50-day EMA at $64,580, the 100-day EMA at $66,756 and the 200-day EMA at $72,496 all sit above spot, suggesting the broader trend remains under downside pressure despite the recent bounce from sub-$63,000.
Momentum indicators are subdued, with the Relative Strength Index (RSI) at 47 hovering just below neutral and the Moving Average Convergence Divergence (MACD) below zero with a slightly negative reading, hinting at a weak, corrective tone rather than impulsive buying.
On the topside, immediate resistance is seen at the horizontal level around $64,004, just above the current price, with the 50-day EMA at $64,580 reinforcing this initial cap. Further up, the 100-day EMA at $66,756 and the 200-day EMA at $72,496 define successive barriers before a more distant structural ceiling at $75,719.
On the downside, the key psychological support is at $60,000. A daily close below this latter area would trigger deeper correction toward the yearly low of $57,800 set on July 1.
BTC/USDT daily chartEthereum finds support at key zoneEthereum price trades at $1,885 on Wednesday. ETH price holds above the 50-day EMA at $1,864, suggesting near-term underpinning, but remains capped below the 100-day EMA at $1,924, keeping the broader tone neutral rather than decisively bullish. The 200-day EMA at $2,145 stays well overhead as a medium-term barrier, while the RSI around 51 hints at balanced momentum and the MACD below zero reinforces lingering downside risks despite the pair stabilizing above its short-term trendline.
On the downside, immediate support is seen at the 50-day EMA near $1,864, with a deeper structural floor down at the horizontal level around $1,385.
On the topside, initial resistance appears at the 100-day EMA at $1,924, ahead of the psychological $2,000 horizontal barrier; beyond that, the 200-day EMA at $2,145 would become the next key obstacle for any sustained recovery.
ETH/USDT daily chartXRP price trades at $1.021 on Wednesday, retaining a bearish near-term bias as price holds below the key EMAs. The 50-day EMA at $1.094, the 100-day EMA at $1.176 and the 200-day EMA at $1.377 all sit overhead, suggesting the pair remains capped by a layered technical ceiling.
Momentum conditions are soft, with the RSI at 38 hovering below the neutral 50 line and the MACD anchored in negative territory, which reinforces the idea of fading upside attempts rather than a clean reversal.
On the downside, immediate support is located at the horizontal level around $1.000, where buyers could attempt to slow the decline if selling pressure persists.
On the topside, initial resistance is seen at the 50-day EMA near $1.094, followed by the 100-day EMA at $1.176 and the prior horizontal barrier at $1.300; higher up, the 200-day EMA at $1.377 and the distant resistance at $1.900 define a broader supply zone that would likely cap any stronger recovery while the XRP trades below these levels.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.
Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.
Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.
Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.
Hayes argues the Fed's existing $60B FIMA limit is too small to support intervention on the scale Japan may require.
Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’s currency swap facility.
Hayes says the mechanics point to a wave of dollar liquidity hitting the global markets, and he’s positioning Bitcoin (BTC), gold, and Ethereum (ETH) to catch the bulk of it.
The Plan, and Why Hayes Says It’s the Only One That Works Hayes lays out three ways Japan could push the yen higher. The Bank of Japan could raise rates aggressively, but doing so would deepen losses on its own mountain of low-yield bonds and raise Tokyo’s debt service costs.
Japan could also lean on institutions like the pension fund GPIF to sell foreign assets and buy domestic ones, but that would turn one of the largest holders of US Treasuries into a seller, something Washington can’t stomach given how dependent American markets are on that demand.
The third option, which Hayes calls the preferred one, works differently. The MOF would repo its Treasury holdings to the Fed through the FIMA facility in exchange for dollars, then sell those dollars to buy yen in the open market.
The catch now is size. The facility caps each counterparty’s outstanding loan at $60 billion, and a recent joint intervention burned through more than $100 billion while only pushing the yen up 5% for a few trading days. Removing that cap and adding counterparties like GPIF would change the math. Between Japan’s government and GPIF, Hayes counts $1.373 trillion in Treasury holdings that could theoretically flow through the facility, a number he compares to the roughly $4 trillion the Fed printed during COVID.
Hayes frames the outcome bluntly. “The more they print, the higher Bitcoin goes,” he wrote, adding that he’d rather see the liquidity land in Bitcoin and gold than in AI infrastructure spending he considers wasteful.
You may also like: The Ethereum (ETH) Chart Everyone Is Watching Has a Problem: $1,475 May Never Come Only 90 Bitcoin Wallets Hold 10K+ BTC: And That Number Just Hit a 6-Month High BTC Price Drops Below $64K as Peter Schiff Urges Investors to Sell Bitcoin Among altcoins, he singled out ETH as undervalued relative to other majors and named Ethena’s ENA token as a smaller bet he thinks could still multiply several times over.
The Yen Backdrop Driving the Bet Hayes’s essay follows weeks of analysts flagging the same currency pressure from different angles. After the Bank of Japan held rates at 1% in late July, EGRAG CRYPTO warned that Japan is approaching one of the most dangerous monetary crossroads in modern financial history, cautioning that unwinding yen-funded trades could force selling across stocks, bonds, and Bitcoin alike.
That came weeks after the yen fell to its weakest level against the dollar since 1986, a move Spot On Chain’s Hupzy said would keep supporting crypto as long as the macro tailwind from currency depreciation persists until the rate differential narrows.
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total...
Metaplanet (@Metaplanet) transferred a total of 3,881 $BTC ($247.3M) over the past 3 hours. Metaplanet bought a total of 43,000 $BTC at an average price of $96,191 and is currently sitting on a loss of $1.4B(-34%).
24 minutes ago
Metaplanet transferred 3,881 BTC over the past three hours, with its current unrealized loss on holdings amounting to roughly $1.4 billion.
According to Lookonchain monitoring, Japanese listed firm Metaplanet Inc. has transferred a total of 3,881 Bitcoin over the past three hours, valued at roughly $247.3 million. Data shows that Metaplanet currently holds around 43,000 BTC in total, with an average purchase cost of $96,191 per Bitcoin. Calculated at current prices, its Bitcoin holdings carry an unrealized loss of approximately $1.4 billion, representing a 34% loss.
24 minutes ago
Layer 1 blockchain project Harmony responds to the abnormal ONE token over-issuance incident: It is working with trading platforms to freeze the relevant funds.
Harmony Protocol announced in a post that its team is collaborating with relevant exchanges to attempt to block and freeze funds involved in the incident, while developing a fix and evaluating rollback options. Earlier, on-chain data analysis indicated that Harmony had likely been hacked, with attackers exploiting an empty blocks vulnerability to mint approximately 4 billion ONE tokens without authorization—accounting for around 26% of the current total supply. Around 2.8 billion of these ONE tokens were subsequently transferred to exchanges, triggering market selling pressure and leading to a sharp drop in ONE’s price. According to analysis, the attackers exploited a flaw in the supply verification mechanism, causing the totalSupply interface to fail to reflect the actual number of newly minted tokens in a timely manner and masking the inflationary impact. Harmony stated that it will update the incident’s progress once more information becomes available. The incident remains under investigation at this time.
24 minutes ago
Binance adds GameStop bStocks tokenized securities to its margin collateral assets
According to official announcements, Binance will add GameStop bStocks (GMEB) as an eligible collateral asset for Cross Margin, Portfolio Margin, and Portfolio Margin Pro starting at 12:00 UTC on August 12. Qualified users can use this bStocks token as collateral for margin trading, and margin trading support will also be enabled for related GMEB trading pairs. However, lending functionality is not currently supported for this asset.
24 minutes ago
The payment public chain Tempo recorded an all-time high in stablecoin trading volume last week.
Payment public blockchain Tempo announced in a post that its weekly stablecoin transfer volume has hit an all-time high. Last week, Tempo's transaction volume exceeded $175 million, with its cumulative transaction volume surpassing $1.2 billion since its launch in March.
24 minutes ago
CryptoQuant’s founder says BTC is currently driven by the futures market, while spot demand has yet to recover.
CryptoQuant founder Ki Young Ju stated in a post that Bitcoin’s current price trend is primarily driven by the futures market. Open interest continues to rise, but on-chain spot demand remains in net negative territory. He noted that a sustainable rally requires growth in both spot and futures demand, adding that the market is currently more dependent on leveraged funds rather than genuine buying support. Ki Young Ju also pointed out that April’s market performance demonstrated futures-driven rallies lacking spot demand backing tend to be unsustainable.
Leading cryptocurrencies held steady on Tuesday as equities extended losses, with investors bracing for this week’s key inflation data
Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)-0.44%$63,704.13
Ethereum (CRYPTO: ETH)
+0.32%$1,881.51XRP (CRYPTO: XRP) +0.90%$1.02Solana (CRYPTO: SOL) +0.62%$76.33Dogecoin (CRYPTO: DOGE) +3.41%$0.07231Crypto Market Consolidating?Bitcoin remained within a tight range, fluctuating between $63,100 and $64,400, while its 24-hour trading volume decreased. Ethereum also experienced a dip in trading volume, while XRP and Dogecoin closed higher from the previous day.
Cryptocurrency-related stocks edged lower, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 1.27% and 0.06%, respectively.
Over $170 million was liquidated from the cryptocurrency market in the last 24 hours, with long position traders bearing the brunt of the losses, according to Coinglass data.
Bitcoin’s open interest rose 0.94% over the last 24 hours. A jump in open interest while the price goes down typically indicates new sellers entering the market and opening fresh short positions, which in turn could be a sign of bearish sentiment.
"Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at 9:27 p.m. EDT)Union (U) +222.97% $0.05907Velvet (VELVET) +38.49% $0.5987Humanity (H) +11.26% $0.09075The global cryptocurrency market capitalization stood at $2.19 trillion, following a decline of 1.15% over the last 24 hours.
Read Next
Stocks Close in the RedStocks extended their losses on Tuesday. The Dow Jones Industrial Average fell 184.13 points, or 0.34%, to end at 53,791.85. The S&P 500 declined 0.32% to close at 7,728.20, while the tech-heavy Nasdaq Composite shed 0.60% to end at 26,445.45.
The deadlock between the U.S. and Iran dragged on as President Donald Trump responded to Iran’s demand for reparations by placing his own demands.
Investors will next focus on a critical round of inflation figures, as the July consumer price report is scheduled for Wednesday and the producer price index for Thursday.
Bitcoin Waiting for CPI Report?Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, noted that Bitcoin typically dips in the days leading up to CPI releases, adding that if the figures come in better than expected, the asset will likely rise.
On-chain analytics firm CryptoQuant spotlighted that Bitcoin reserves on Binance have surged to their highest level since February
“Binance’s reserves reaching their highest level since February represents a significant shift compared with periods of lower Bitcoin supply on the platform,” the research firm said. “This signal becomes more significant if reserves continue to rise while the price weakens or exchange deposit inflows increase.”
Read Next
Photo: Sodel Vladyslav / Shutterstock
Market News and Data brought to you by Benzinga APIs
TLDR: The Bank of Russia proposes a 300,000 ruble ($3,645) annual crypto cap per intermediary. Unqualified investors limited to Bitcoin, Ethereum, and Tether USDT under draft rules. Qualified investors face no purchase limit on exchange or OTC crypto trading. Public consultation on the draft crypto rules remains open until August 24. Russia Crypto Purchase Cap for retail investors would limit annual digital asset buying to 300,000 rubles, or about $3,645, according to a new Bank of Russia proposal.
The draft rule restricts unqualified investors to Bitcoin, Ethereum, and Tether USDT only. Officials opened the framework for public comment through August 24.
Crypto Purchase Cap Applies Per Intermediary for Retail Buyers The Bank of Russia published its draft instruction on August 11, outlining a yearly spending ceiling. Unqualified investors would be limited to 300,000 rubles worth of crypto purchases annually.
That cap applies separately through each broker, crypto exchange operator, or asset manager used.
An investor working across several platforms could reach the limit multiple times over. Each intermediary tracks purchases independently, meaning the ceiling resets per provider rather than per person.
This structure allows retail investors some flexibility while still capping total exposure per channel.
Regulators designed the crypto purchase cap to reduce risk for less experienced market participants.
Digital asset prices can shift quickly, and unqualified investors often lack tools to manage volatility. The Bank of Russia positioned the limit as a safeguard rather than a ban.
Officials linked the proposal to a broader law governing digital asset access for retail investors. That law directs the central bank to define which cryptocurrencies qualify for public trading. Selection depends on measurable criteria rather than discretionary choices by regulators.
Bitcoin, Ethereum, and Tether Meet Eligibility Standards Under Draft Rules The Bank of Russia evaluated eligible assets using market capitalization, trading volume, and price history.
Any cryptocurrency considered for retail access needs five years of documented overseas pricing. This threshold excludes newer tokens regardless of current market performance or popularity.
Bitcoin, Ethereum, and Tether USDT satisfied these requirements and made the approved list. These three assets currently represent the only cryptocurrencies retail investors could purchase domestically. Other tokens remain excluded until they accumulate sufficient trading history and volume data.
Qualified investors, by contrast, face no purchase cap under the proposed framework. They can trade any cryptocurrency listed on exchanges or over-the-counter markets without restriction. This creates a clear divide between retail-level access and qualified investor privileges.
Before executing any crypto transaction, all investors must pass a mandatory risk assessment test.
The requirement applies uniformly, regardless of an investor’s qualified or unqualified classification status. The Bank of Russia is accepting public feedback on the draft until August 24.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ethereum is stabilizing above a crucial support region, drawing attention from investors as significant whale accumulation and staking activity hint at renewed long-term confidence in the asset. Traders remain alert to the possibility of a broader recovery should sustained buying pressure continue.
Ethereum whales boost accumulation as price holds supportETH is trading at $1,887.04 with a 24-hour trading volume of $8.05 billion and a total market capitalization of $227.73 billion. Despite muted movement in the last 24 hours, analysts continue to focus on the asset’s technical structure, suggesting that a potential reversal is forming.
Analyst Nehal pointed out that Ethereum is defending the $1,720 to $1,780 range, a zone seen as essential for stabilizing ongoing price trends. Maintaining this area could reinforce the bullish structure and indicate that selling pressure may be tapering off.
If Ethereum can confidently remain above this level, traders believe it increases the likelihood of a recovery toward $2,200. However, a decisive fall below the support range could undermine bullish prospects in the near term.
Blockchain monitoring service Lookonchain flagged notable whale activity, reporting that wallet 0x2d59 added 50,000 ETH—valued at approximately $93.6 million—and staked the entire purchase. The whale had previously acquired 40,000 ETH a week earlier, bringing total recent accumulation to $170 million.
ETH whale 0x2d59 accumulated $170 million worth of Ethereum in recent purchases, staking the assets and reinforcing speculation about long-term commitment.
Staking of these assets has suggested that the whale may not plan to sell in the short term, underscoring a longer-horizon outlook.
Despite bullish signals from accumulation and staking activity, the broader crypto market remains in a neutral phase, largely mirroring recent downward price action in Bitcoin. Investors continue to watch whether Ethereum can maintain critical support and break above resistance at $1,875, which would strengthen the view of a near-term move toward $2,200.
Technical tools and investor strategies evolveMarket participants increasingly seek efficiency and privacy as they monitor rapid changes shaped by central bank decisions and surprise altcoin listings. In a market where a single Fed announcement or a newly listed token can trigger sharp price swings within seconds, investors are finding that switching constantly between various platforms for analysis, news, and portfolio management incurs costly delays.
Smart traders now turn to privacy-focused solutions like CryptoAppsy, which provides consolidated access to real-time charts, price alerts, coin-specific headlines, and macroeconomic signals—all without requiring an account. This unified approach to market tracking allows for faster reaction times and more informed decision-making.
Solana holds support as institutions increase positionsSolana continues to trade within a bullish structure, currently priced at $75.51. The blockchain reports a 24-hour trading volume of $1.42 billion and a market capitalization of $43.92 billion. Although SOL registered a 1.48% decline over the past day, analysts remain focused on the asset’s ability to defend higher lows.
Analyst Michael van de Poppe stated that the region between $73.5 and $74 serves as a critical area for Solana’s ongoing recovery. Holding this support is considered key to sustaining the asset’s upside momentum and supporting a possible breakout toward $120 if ETFs continue to attract inflows.
According to Santiment Intelligence, net institutional inflows into Solana ETFs have reached $8.8 million per day, marking the highest level seen since May 12. This renewed interest aligns with broader network developments, including upgrades, stablecoin expansion, and increased adoption of real-world asset tokenization.
Solana’s ETF-related inflows have hit their highest daily average since May, reflecting a shift in institutional appetite after a quiet period.
Additional technological upgrades such as Alpenglow’s push for rapid finality, Agave 4.2 approaching mainnet launch, and the introduction of xStocks for tokenized equity underscore the blockchain’s ongoing growth. These developments further support the notion that Solana could target higher price levels if momentum persists.
Nevertheless, Solana’s price remains in neutral territory for now, largely reflecting the prevailing market sentiment shaped by Bitcoin’s downturn. The asset’s next move will depend on its ability to maintain support at the $73.5 to $74 region. Decisive retention of this level may prompt new buyers and strengthen the outlook for a move toward $120, buoyed by growth in ETFs and continued network expansion.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
After a dramatic correction from the $70–$76 range, Hyperliquid is having trouble regaining its bullish momentum. As of right now, HYPE is trading at $54.54, trapped between significant resistance above and sustained support below. The cluster of moving averages around $56.65-$56.90 is the current issue.
Hyperliquid's recovery is shallowAfter declining in early August, HYPE momentarily recovered toward this area, but buyers were unable to establish a price above it. The recent increase appears more like consolidation than the start of another sustained rally as long as the token stays below $57. At about $61.09, stronger resistance is located.
HYPE/USDT Chart by TradingViewThe short-term structure would be greatly improved by regaining that level, and the $65–$68 range might be reopened. HYPE might attempt another move toward $70 after that. The long-term moving average at around $50.77 is the most significant support on the decline. $50–$51 is a crucial technical threshold because HYPE has stayed above it during the most recent correction.
HOT Stories
Losing it might expose the upper-$40 range and harm the recovery structure as a whole. The RSI is close to 43.3, indicating weak momentum without going into oversold territory. HYPE is still in a neutral-to-bearish consolidation for the time being. The first improvement would be a move above $57, and a stronger reversal signal would still require a move above $61.
Ethereum in a complicated positionWith price compression becoming more apparent following the rebound from June's lows, Ethereum is still consolidating just below $1,900. Right now, ETH is trading at about $1,880, just above its short-term moving average of about $1,875 but below resistance at about $1,922.
ETH/USDT Chart by TradingViewSince late July, buyers have consistently stalled in this $1,900–$1,925 range, making it the immediate breakout threshold. The technical configuration is mixed. Since declining toward $1,550 in June, Ethereum has maintained a series of higher lows, while the shorter moving averages have started to rise.
A stronger dynamic level near $1,808 follows the unaltered support around $1,875. At roughly $2,140, ETH is still well below the long-term moving average. This indicates that despite the improvement since June, the broader trend has not yet moved into a confirmed bullish structure.
Also, momentum has decreased. The RSI's signal line is close to 51, and it is currently at 53.5. This reading reflects the tight price consolidation and gives neither side a significant momentum advantage. The most significant short-term development would be a daily breakout above $1,925, which could refocus attention on $2,000.
The next big target after that is the $2,100–$2,140 range. On the other hand, the likelihood of a return toward $1,800–$1,810 would rise if $1,875 were lost. As a result, Ethereum is still in a recovery structure, but buyers must break the $1,900–$1,925 ceiling before a significant upside continuation is technically plausible.
Bitcoin remains in a narrow downtrendWith neither buyers nor sellers building up enough momentum to compel a decisive move, Bitcoin is still trapped in a narrow consolidation around $63,900. The $63,000–$67,000 range is increasingly central to the current structure. Bitcoin is trading almost exactly between its two shorter moving averages.
BTC/USDT Chart by TradingViewThe faster average is marginally higher at about $64,154, while the closest support is at about $63,325. The sideways price action that has predominated since the start of July is reflected in this compression. Overhead resistance is still the main issue.
The first significant barrier to any recovery is $66,000–$67,000, as Bitcoin is still trading below the falling moving average around $66,742. At about $72,100, the long-term average is still much higher. Momentum provides minimal directional assurance. The RSI has dropped to about 48.4, which is slightly below the neutral 50 threshold. This is in line with the price's apparent lack of follow-through.
The current structure would be weakened by a break below $63,300, bringing $60,000 back into focus, followed by the June low of about $58,000. On the other hand, recovering $66,700 would provide Bitcoin with its first significant technical advancement and might reopen a move toward $70,000–$72,100. As of right now, Bitcoin is still range-bound within a broader bearish structure.
Shiba Inu hits fresh supportAfter failing to maintain its late-July volatility spike, Shiba Inu is once again testing a crucial short-term support area. At the moment, SHIB is trading at about $0.00000450, almost exactly on the moving average at $0.00000445.
SHIB/USDT Chart by TradingViewAdditionally, the token has fallen below the faster average around $0.00000462, suggesting a decline in immediate momentum. SHIB briefly moved toward $0.0000058 due to the late-July spike, but the move was rejected almost instantly. The moving average near $0.00000495 became the main short-term resistance after the price was unable to recover. While the signal line average is still close to 54.3, the RSI has dropped to about 45.1.
Even though SHIB is still far from oversold territory, this divergence shows waning momentum after the unsuccessful breakout attempt. Now, the $0.00000440–$0.00000445 area is critical. A clean breakdown could reveal the July consolidation zone at $0.00000410–$0.00000420.
Another local low would be more likely if that area were lost. SHIB must first recover $0.00000462 and then break through $0.00000495 in order to initiate a bullish reversal. The long-term moving average at $0.000585 is still a significant barrier even after that. Despite its sporadic sharp volatility spikes, SHIB's overall trend remains bearish until those levels are reclaimed.
Riot Platforms (NASDAQ:RIOT) could have nearly 80% upside as its artificial intelligence infrastructure business increasingly overtakes Bitcoin (CRYPTO: BTC) mining as the company’s primary value driver, according to a Bernstein note on Tuesday.
Anthropic Deal as Key DriverBernstein analysts led by Gautam Chhugani raised their price target on Riot to $35 from $30, maintaining an Outperform rating after the company signed a $9.1 billion data center agreement with a “leading frontier AI lab,” reportedly Anthropic.
The 20-year colocation agreement is expected to generate around $457 million in annual recurring revenue.
Bernstein estimates the contract could produce annual net operating income of between $365 million and $411 million, with required capital expenditure of approximately $2.1 billion to $2.3 billion.
Riot has also secured a $573 million interim financing facility from Morgan Stanley to fund initial equipment procurement, The Block reported.
The economics of the latest agreement prompted Bernstein to significantly upgrade its assumptions for Riot’s AI colocation operations.
Bernstein estimates Riot will need another $3.7 billion of secured financing, equivalent to roughly 90% of the project capital expenditure required under its modeled buildout.
Financing requirements, construction execution and Riot’s geographic concentration in Texas remain key risks.
Are Bitcoin Miners Shifting Strategy?Riot’s transformation also has implications for its Bitcoin strategy.
The company held 11,380 BTC as of June 30, worth around $731.5 million at current prices, down from a peak holding of 19,368 BTC.
Bernstein noted that Riot has been selling Bitcoin production and reserves to help finance its data center expansion.
The shift illustrates how some Bitcoin miners are increasingly treating their large power portfolios as infrastructure for AI and high-performance computing rather than relying exclusively on cryptocurrency mining economics.
On similar lines, MARA Holdings (NASDAQ:MARA) and CleanSpark (NASDAQ:CLSK) are also expanding into high-performance computing to capitalize on AI demand and diversify as Bitcoin mining becomes increasingly difficult.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
