News
Important Only
Crypto Market Down: Bonk, Sonic, and Fartcoin lead the losses as downside risk escalates
The broader cryptocurrency market is in the red, with 24-hour liquidations exceeding $350 million at press time. Bonk (BONK), Sonic (S), and Fartcoin (FARTCOIN) emerge as top losers with double-digit losses.Fxstreet
Wed, Aug 6
Ethereum Price Falters Above $3,700 – Is a Pullback Brewing?
Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again. Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break belo...NewsBTC
Wed, Aug 6
Coinbase Announces Pricing Of Upsized Offering Of $2.6 Billion Of Convertible Senior Notes
Aug 5 (Reuters) - Coinbase Global Inc COIN.O:COINBASE ANNOUNCES PRICING OF UPSIZED OFFERING OF $2.6 BILLION OF CONVERTIBLE SENIOR NOTESCOINBASE GLOBAL INC - PRICES $1.3 BILLION 0% NOTES DUE 2029COINBASE GLOBAL INC - PRICES $1.3 BILLION 0% NOTES DUE 2032Reuters
Wed, Aug 6
Is Ethereum Gearing Up for a Major Move? Analysts Split on What’s Next
Ethereum’s price has experienced moderate declines over the past week, dropping around 5% after a period of notable gains in previous months. At the time of writing, ETH is trading near $3,633, fluctuating between the $3,500 and $3,700 range over the past day. This price movement follows a broader m...NewsBTC
Wed, Aug 6
Crypto Could Be Shielded By Trump’s Planned Executive Order Against Bank Discrimination
US President Donald Trump is moving ahead with a plan to target banks that cut off customers over politics or crypto. His team is expected to issue an executive order within days. Related Reading: Saylor’s Bitcoin Pitch Echoes The Godfather: “It’s An Offer You Can’t Refuse” According to a report fro...Bitcoinist
Wed, Aug 6
Bitcoin Price Wobbles Below Resistance – Could a Fresh Drop Follow?
Bitcoin price is struggling to recover above the $116,200 zone. BTC is now consolidating and might decline further below the $112,500 zone. Bitcoin started a fresh decline from the $115,500 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a bearish trend l...NewsBTC
Wed, Aug 6
Galaxy Digital Boosts Bitcoin Holdings By 4,272 BTC In Q2 2025, Trims Ethereum Exposure
Galaxy Digital, a leading digital assets and AI infrastructure firm, today released its Q2 2025 financial results, reporting a notable increase in Bitcoin (BTC) holdings by 4,272 BTC. At the same time, the company has scaled back its exposure to other cryptocurrencies, including Ethereum (ETH), sign...Bitcoinist
Wed, Aug 6
Bitcoin Stuck In Macro Purgatory—Top Analyst Says Q4 Or Bust
In his August 5 “Macro Monday” livestream, crypto analyst Josh Olszewicz delivered a review of the market’s late-summer state, arguing that while Bitcoin’s price action has gone quiet, the broader cycle remains intact. “We’re in this pocket of seasonal weakness for August and September t...NewsBTC
Wed, Aug 6
New Zealand jobless rate hits 5-year high as economic slowdown deepens
New Zealand’s job market loses steam, with unemployment rising to a 15-year high of 5.2% in Q2. That is the strongest reading since the first full quarter of recovery following COVID in Q3 2020. In the second quarter, the jobless rate was 5.2%, slightly higher than 5.1% during the first three months of the year. […]Cryptopolitan
Wed, Aug 6
Cardano (ADA) Set to Reclaim $1 on ETF Optimism and Institutional Inflows, While Mutuum Finance (MUTM) Eyes $5
Cardano (ADA) is showing renewed strength as it eyes a return to the critical $1 threshold, driven by ETF speculation and growing institutional interest. Meanwhile, emerging meme coin Mutuum Finance (MUTM) is drawing attention as it aims for the $5 mark. The project is worth $0.035 in phase 6 of the presale. The 7th phase […]Cryptopolitan
Wed, Aug 6
Coinbase Plans $2 Billion Private Convertible Note Offering Following Q2 Results
Nasdaq-listed cryptocurrency exchange Coinbase has announced plans to raise $2 billion through a private convertible note offering following a weaker-than-expected second-quarter performance. The move comes as COIN shares recorded a 15% decline on August 4, reflecting market reactions to the company...Bitcoinist
Wed, Aug 6
XRP Soars 35% in a Month: Will Ripple’s Legal Win and Whale Activity Send Price to New Highs?
XRP has surged an impressive 35% over the past month, currently trading at $3.05. This bullish momentum is fueled by growing institutional interest, massive whale accumulation, and a long-anticipated regulatory breakthrough in Ripple’s legal battle with the U.S. Securities and Exchange Commission (S...NewsBTC
Wed, Aug 6
5 Best Crypto Presales to Buy Before XRP ETF Momentum Drives Massive ROI
The crypto market is gaining momentum as it awaits the possible approval of a XRP ETF. According to analysts, the approval may follow the milestones achieved by Bitcoin and Ethereum ETFs. Meanwhile, investors are actively looking for other coins that may deliver massive returns before XRP gets to traditional finance. Five crypto presales already stand […]Cryptopolitan
Wed, Aug 6
Stablecoin monthly on-chain volume reaches highest level in July with over $1.5 trillion
Stablecoin’s monthly on-chain volume reached its highest level in July, which is a sign of a resurgence in decentralized finance activity. On-chain data analytics firm, Sentora (formerly IntoTheBlock), disclosed this in an X post. According to Sentora, the stablecoin volume for July was over $1.5 trillion, surpassing previous highs, including May 2025, when it was […]Cryptopolitan
Wed, Aug 6
XRP Traders Anticipate 20X Returns Following Favorable SEC Ruling
A surge of optimism is building around XRP as Ripple edges closer to a pivotal outcome in its battle with the U.S. Securities and Exchange Commission. With speculation mounting that the SEC may withdraw its appeal, investors are recalibrating their expectations—some now targeting 20x returns, with prices potentially climbing past $40 if institutional inflows ignite […]Cryptopolitan
Wed, Aug 6
Bitcoin Holds Steady At $115,000, But Realized Price Data Warns Of Fragility
Following another rejection from the $120,000 region on July 21, Bitcoin (BTC) is now holding steady around the $115,000 level. However, realized price data suggests that BTC’s surface-level calm may be nearing its end. Old Bitcoin Whales Stop Realizing Gains According to a CryptoQuant Quicktake pos...NewsBTC
Wed, Aug 6
