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2 Best Cryptos to Buy as DeFi Summer Catches Momentum
As the DeFi summer narrative begins to heat up once again, investors are closely watching cryptos poised to ride the momentum of a revived decentralized finance ecosystem. Mutuum Finance (MUTM) and Ethereum (ETH) are capturing outsized attention. Mutuum Finance is at a price of $0.035 during phase 6 of presale. Those investing now are guaranteed […]Cryptopolitan
Sat, Aug 2
Democratic Senators Question New OCC Chief About Trump’s Crypto Ventures, Stablecoin Rules
In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, USD1. Related Reading: CoinDCX Employee Arrested Over Li...Bitcoinist
Sat, Aug 2
Bitcoin Plunge Below $115,000 Wipes Out $700M In Crypto Longs
Data shows the cryptocurrency derivatives market has seen more than $700 million in long liquidations as Bitcoin and altcoins have plummeted. Bitcoin Price Just Made A Low Under $115,000 Bitcoin and the wider cryptocurrency market has witnessed a wave of bearish momentum during the past day as price...NewsBTC
Sat, Aug 2
Massive Crypto Liquidations Hit $754M: Bitcoin, Ethereum, and Altcoins Lead the Drop
The cryptocurrency market faced a severe correction on August 1, 2025, with over $700 million in liquidations recorded in just 24 hours across Bitcoin and other major assets. Related Reading: SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert According to Coinglass, long positions accounted for $70...Bitcoinist
Sat, Aug 2
Bitcoin Drops Below $115K as Traders Rush to Exit, But a Rebound Could Be Next
Bitcoin (BTC) is navigating a period of heightened uncertainty as its price struggles to regain upward momentum following recent declines. Over the past 24 hours, the world’s largest cryptocurrency recorded a dip to $114,326 before slightly recovering above the $115,000 mark. Despite this rebound, t...NewsBTC
Sat, Aug 2
What Is The FDIC Hiding? Coinbase Demands Crypto Disclosure
According to court papers filed on Tuesday, Coinbase has pushed back hard against the Federal Deposit Insurance Corporation’s latest bid to toss out its Freedom of Information Act lawsuit. Related Reading: Crypto In The Courtroom—2025 Class Actions Could Hit All-Time High The exchange wants mo...Bitcoinist
Sat, Aug 2
Why Solana Could Skyrocket: Multiple Asset Managers File Revised ETF Applications to SEC
Solana (SOL) is attracting renewed institutional attention as major asset managers including Franklin Templeton, Grayscale, VanEck, and Fidelity have updated their spot Solana ETF filings with the U.S. Securities and Exchange Commission (SEC). Related Reading: XRP Set To Explode? Analyst Sees $5 Sur...NewsBTC
Sat, Aug 2
UK households are £11 billion worse off despite four rate cuts
One year has passed since BoE began cutting interest rates, yet British households continue to feel the pressure from high borrowing costs. Bloomberg’s review of Bank of England data showed that despite four rate cuts since July last year and more likely to come, households are about $14.5 billion worse off each year than 12 […]Cryptopolitan
Sat, Aug 2
FCA Announces Plans to Grant Retail Access to Crypto Exchange-Traded Notes
The United Kingdom’s Financial Conduct Authority (FCA) has announced plans to lift its current restrictions on retail access to crypto exchange-traded notes (cETNs), opening up a segment of the digital asset market previously reserved for professional investors. This decision marks a significant pol...Bitcoinist
Sat, Aug 2
Bitcoin Derivatives Data Signals Fear As Binance Net Taker Volume Turns Bearish
Earlier today, Bitcoin (BTC) briefly fell below $115,000 – hitting a low of $114,116 – triggering panic selling across major crypto exchanges, including Binance. Sharp shifts in several key metrics, such as open interest and net taker volume, confirm the intensity of the sell-off. Bitcoi...NewsBTC
Sat, Aug 2
Crypto Market Plunges Nearly 6% as Trump’s Tariffs and Fed Policy Shake Investor Confidence
The global crypto market took a sharp downturn on August 1, dropping nearly 6% in 24 hours, as investor sentiment soured amid escalating U.S.–China trade tensions and uncertain Federal Reserve policy. Related Reading: Cardano Founder Hails ‘Most Advanced Stablecoin Ever Built’ The sell-off wiped bil...Bitcoinist
Sat, Aug 2
Bitcoin Bull Run Stumbles: Analysts Predict a Possible $111K Retest Soon
Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most rece...NewsBTC
Sat, Aug 2
Asian countries rush to catch up with Trump in stablecoin regulation
Asia’s regulators are moving fast because Donald Trump, now sitting in the White House, just made US dollar-backed stablecoins a national focus. The GENIUS Act, signed into law just two weeks ago, made clear that Washington is fully backing stablecoins that hold a 1:1 peg with the dollar. Asian governments are watching closely as their […]Cryptopolitan
Sat, Aug 2
IMF Bows To Bitcoin—Global Economic Standards Overhauled
The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for examp...Bitcoinist
Sat, Aug 2
Bitcoin Fakeout? Research Firm Says Momentum Just Flipped Bearish
Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said “momentum has failed to ignite,” arguing that realized-profit flows and an overwhelming share of coins sittin...NewsBTC
Sat, Aug 2
JD Vance, Labor Secretary reject Trump’s claim that jobs data is rigged
Vice President JD Vance and Labor Secretary Lori Chavez-DeRemer dismissed Trump’s allegation that the U.S. jobs report was rigged, just before the president announced on Truth Social that he had removed Erika McEntarfer, head of the Bureau of Labor Statistics. The report, released Friday, showed hiring in sharp decline, and instead of backing the claim […]Cryptopolitan
Sat, Aug 2
Shiba Inu (SHIB) Loses Momentum as DeFi Token Mutuum Finance (MUTM) Targets $4 from $0.035
While Shiba Inu (SHIB) shows signs of fading momentum, all eyes are turning to Mutuum Finance (MUTM), a rising DeFi gem that’s surged and now has its sights locked on a bold $4 target. The DeFi token is priced at $0.035 during the 6th stage of its presale. The 7th stage will see a 14.29% […]Cryptopolitan
Sat, Aug 2
Oil markets mixed as Exxon and Chevron beat profit estimates, Saudi drilling hits 20-year low
Oil markets stayed stuck on the fence Friday after Exxon Mobil and Chevron both posted stronger-than-expected profits, even as Saudi Arabia’s drilling activity dropped to its weakest level in 20 years. The contrast was sharp; American production is breaking records while Saudi rigs keep falling, giving traders no clear direction on where oil prices are […]Cryptopolitan
Sat, Aug 2
