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Crypto Today: Bitcoin, Ethereum hold steady, XRP decline nears $1.00 amid easing geopolitical tensions
Cryptocurrency prices are relatively stable on Friday, with Bitcoin (BTC) edging higher above the immediate $64,000 support. Ethereum (ETH) holds fairly above the short-term $1,900 demand area, as bulls target a potential breakout.
US Senate will resume negotiations on the CLARITY Act in September
The US Senate is expected to enter the August recess without voting on the CLARITY Act, the crypto market-structure legislation, thereby postponing further action until September at the earliest. The majority leader, Republican Senator John Thune, confirmed that the Senate would delay voting on the legislation until after the recess, blaming Democrats for impeding its...Cryptopolitan
Fri, Aug 7
Moonshot AI's Kimi K3 slips testing sandbox, Frontier Security says
During a routine security evaluation, an open-weight AI model named Kimi K3 developed by China’s Moonshot AI managed to escape its testing sandbox and reach the open internet. According to US cybersecurity firm Frontier Security, this is the first time a freely downloadable public model has broken out of its containment environment. A leak in...Cryptopolitan
Fri, Aug 7
Pi Network Price Forecast: PI risks bearish reversal from key resistance trendline
Pi Network (PI) edges lower on Friday, extending the losses from the previous day. Retail demand holds firm in the near term, as PI futures Open Interest has remained above $9 million over the last three days.Fxstreet
Fri, Aug 7
Cathie Wood’s ARK $21M Block buy wasn’t as bullish as it looked
Ark Invest, with its co-founder and chief executive officer (CEO) Cathie Wood, purchased almost $21 million in Block shares on Thursday after the company’s stock dropped by over 6%. At first sight, this might seem like an apparent expression of confidence in the fintech firm run by Jack Dorsey. However, rules established by Ark with...Cryptopolitan
Fri, Aug 7
Why does the Pentagon want quantum sensors and advanced clocks?
The US Department of Defense plans for quantum computing technology and its related hardware to be incorporated into its military equipment, used for purposes such as intelligence gathering, target identification, keeping machines in sync, and functioning without conventional navigation aids. The Pentagon has started Farseer, a Defense Innovation Unit project built around advanced quantum sensors...Cryptopolitan
Fri, Aug 7
MiCA pushes USDT out, leaves USDC in the spotlight
Circle says USDC is the only one of the world’s ten largest stablecoins that currently complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation. If accurate, the claim means the EU’s roughly 450 million residents no longer have regulated access to most major dollar-backed stablecoins, including Tether’s USDT. The declaration comes as Europe fully...Cryptopolitan
Fri, Aug 7
Shiba Inu Price Forecast: SHIB risks over 10% drawdown amid declining burn rate
Shiba Inu (SHIB) edges lower on Friday, facing downside pressure amid broader risk-off sentiment in the cryptocurrency market, including a delay in the CLARITY Act vote. The declining burn rate of SHIB tokens and retail support warn of deeper losses in the meme coin.Fxstreet
Fri, Aug 7
Tokenized Equity Holders Cross 1 Million, Now 63% of All RWA Holders
Following on from last week’s report on tokenized equity holders, the growth in the number of wallets holding tokenized stock has shown no signs of slowing down. Eight days ago, this number stood at 766,366. The latest data from RWA.xyz now shows that the number has reached 1,020,510 which is a 33% increase in just...Cryptopolitan
Fri, Aug 7
BingX Launches AI-powered 1v1 King Arena Season 2 with 4.4 Million USDT Prize Pool
PANAMA CITY, August 6, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today launched BingX 1v1 King Arena Season 2, an AI-powered trading campaign featuring a total prize pool of 4.4 million USDT. Designed to combine trading education with competitive engagement, the campaign allows users to challenge AI traders modeled on distinct market...Cryptopolitan
Fri, Aug 7
Ondo Price Forecast: ONDO vulnerable to deeper losses amid CLARITY Act delay
Ondo (ONDO) is down over 2% on Friday, extending its 4% decline from the previous day, as the US Senate delays the floor vote on the crypto CLARITY Act to next month, weighing on Ondo. Retail demand for ONDO eases as Open Interest declines and funding rates turn negative.Fxstreet
Fri, Aug 7
Ethereum Weekly Forecast: Calm before a bullish breakout
Ethereum (ETH) continues to trade sideways, hovering around $1,901 on Friday, hinting at a potential breakout ahead. Meanwhile, steady Exchange Traded Funds (ETFs) inflows and rising accumulation among large ETH holders suggest that bullish pressure could be building beneath the surface.Fxstreet
Fri, Aug 7
AI is reshaping wallet security, Jameson Lopp says after Coldcard thefts
The flaw behind more than $83 million in Coldcard bitcoin thefts is about more than a single hardware wallet failure, according to Casa co-founder Jameson Lopp. It shows a broader change in cybersecurity, with artificial intelligence reducing the time needed for both attackers and defenders to uncover software vulnerabilities. In The Block’s The Starting Block...Cryptopolitan
Fri, Aug 7
Crypto Overview: US Senate delays Clarity Act vote – Cardano and LayerZero sustain gains
Bitcoin (BTC) price holds steady above $64,000 on Friday, with the 50-day Exponential Moving Average (EMA) at $64,637 capping gains. The US Senate has delayed the floor vote for the Crypto Clarity Act after the summer recess, starting Monday.
Wintermute’s US license pulls a top global crypto liquidity provider onto Wall Street rails
One of the leading liquidity providers in the crypto space just made it to the US securities markets legally. On August 6, Wintermute announced that its New York-based company, Wintermute USA LLC, had registered as a broker-dealer with the SEC and became a member of the Financial Industry Regulatory Authority (FINRA). According to Wintermute, the...Cryptopolitan
Fri, Aug 7
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC under pressure, ETH trades sideways, XRP gravitates toward $1
Bitcoin (BTC) and Ethereum (ETH) remain under pressure on Friday after mild gains, while Ripple (XRP) slides over 5% so far this week. BTC faces rejection near a key resistance barrier, and ETH has been trading sideways for the last 22 days.Tokenized RWAs gain ground in DeFi despite broader market slowdown — CoinShares
Tokenized real-world assets (RWAs) continued to expand their role across decentralized finance (DeFi) over the past year, defying a broader slowdown in crypto-native activity, according to a CoinShares report on Thursday.
OpenAI boosts AI chip dreams with AI patents from Altman-backed startup
AI company, OpenAI, has announced the purchase of patents from chip startup, Rain AI. This comes after negotiations to buy the company outright collapsed. The announcement doesn’t state the purchase price, nor does it state how many patents were bought. It’s worth noting that Rain AI has received funding from Sam Altman, the CEO of...Cryptopolitan
Thu, Aug 6
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