On-chain data shows Bitcoin investors who purchased near the price top are choosing to hold even after the latest pullback. Bitcoin Cost Basis Distribution Shows Supply Still Firm Above $118,000 In a new post on X, the on-chain analytics firm Glassnode has discussed the latest trend in the Cost Basis Distribution Heatmap of Bitcoin. This…
Publicly listed Bitcoin (BTC) treasury companies bought $552 million worth of BTC while holders divested exchange-traded fund (ETF) shares between July 31 and August 4. According to Farside Investors’ data, US-traded spot Bitcoin ETFs registered $1.25 billion in outflows between July 31 and August 4. At the same time, data from Bitcoin Treasuries highlighted that…
An intriguing twist in the trial of Tornado Cash co-founder Roman Storm emerged after one juror reportedly requested time off to attend her mother’s birthday celebration. On Aug. 4, Inner City Press shared updates from the courtroom, revealing that the juror, identified as “Ms. Nelson,” had asked for a break from deliberations on Aug. 5….
BitMEX co-founder Arthur Hayes has issued a sobering warning to crypto investors, predicting an imminent 19% Bitcoin crash. This foreboding report comes as Hayes significantly reduced his exposure to major cryptocurrencies, sparking uncertainty and doubt in the market. Bitcoin Faces Potential 19% Price Crash On August 2, Hayes took to the X social media platform…
Coinbase-incubated Layer 2 network, Base, has outpaced Solana in daily token launches over the past two weeks. Zora and Farcaster have significantly boosted Base token creation, pushing its daily launches above that of Solana’s. Token Launch Frenzy The data shared by CryptoRank revealed a dramatic shift beginning in July, when Base first surpassed Solana in…
The SEC issued a statement on liquid staking tokens (LSTs), clarifying how these and other staking activities fit within securities laws. The Commission generally loosened existing rules, but it’s not a laissez-faire approach. To be clear, this is a non-binding statement, and the SEC’s position on the subject could change in the future. For now,…
With the long-awaited Seeker phone now shipping to over 50 countries, the Solana price prediction is turning more bullish as traders eye a potential breakout. SOL has gained 1.5% in the past 24 hours, and this mobile push could serve as a major catalyst for wider adoption, possibly setting the stage for a climb toward…
U.S. President Donald Trump said on Tuesday that it’s unlikely that he’ll run for a third term, despite the fact that he’d “like to,” per a new interview with CNBC Squawk Box. Donald Trump Talks Third Term Despite Constitutional Limits In an August 5 interview with the media program, the newly inaugurated U.S. president hinted…
ChatGPT’s BTC analysis shows that Bitcoin is testing the key $112,650 support with a -1.46% decline to $113,155 as ETFs recorded massive $333 million outflows while Indonesia explores national reserve adoption. ChatGPT’s BTC analysis synthesizes 22 real-time technical indicators, ETF outflow dynamics, institutional adoption developments, and regulatory progress metrics to assess Bitcoin’s 90-day trajectory amid…
The DOGE bull run could be in for a continuation, as popular pseudonymous analyst Cantonese Cat cites “great risk-reward” on the Dogecoin price outlook. While macro uncertainty has dulled enthusiasm for riskier plays like meme coins, an 8% weekend bounce could signal the start of a new DOGE uptrend. With the “reciprocal” tariff pause now…