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XRP May Be Headed For A Deeper Correction, Warns Analyst
Crypto market analyst Ali Martinez is warning that XRP’s latest pullback could extend, citing a cluster of bearish signals across price, on-chain, and behavioral metrics. Why XRP Could Face A Deeper Correction In an X thread posted early Wednesday, Martinez opened with: “XRP may be headed for a deep...
NewsBTC
Wed, Aug 6
OpenAI is in early talks about raising its valuation to $500B
OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B.
Cryptopolitan
Wed, Aug 6
Bitcoin Hyper Gets Ready to Launch as Brazil, Indonesia Discuss National Bitcoin Reserves
Brazil and Indonesia conduct meetings with their local stakeholders, adding themselves to the growing list of countries looking to build their own national Bitcoin ($BTC) reserves. Others include: The United States had around 200,000 Bitcoins in March 2025 Kazakhstan is currently looking to invest i...
Bitcoinist
Wed, Aug 6
Pump.fun focuses on CTO tokens, pushing TROLL to an all-time peak
Pump.fun boosted the TROLL token after posting a meme showcasing its selection of community projects.
Cryptopolitan
Wed, Aug 6
Shiba Inu Starts Voting Process To Elect First Network President
Shiba Inu has kicked off a formal, multi-stage voting process to select the project’s first interim “network president” and seat councils for each DAO, a governance overhaul framed by the team as “the true birth of a network state.” In an August 4 post titled ELECTIONS, the project’s lead figure Shy...
Bitcoinist
Wed, Aug 6
GENIUS Act Creates $1.5T Stablecoin Frenzy in July – Best Cryptos to Buy
The US GENIUS Act helped drive the overall transaction volume of stablecoins in July, according to a report by Sentora Research. The surge in onchain activity pushed stablecoin transactions to $1.5T, which marked a new all-time high for the sector. The total transaction volume went up 19% compared t...
Bitcoinist
Wed, Aug 6
Bitcoin Risks Another Crash Following Recovering Into Bearish FVG Zone
The Bitcoin price has rebounded once again after initially testing the waters with a crash to $112,000. This was spurred by profit-taking as the digital asset had risen to levels not seen before back in July 2025. However, this recovery does not mean that Bitcoin is completely out of the water, espe...
NewsBTC
Wed, Aug 6
Trump’s Stablecoin Law Spurs Treasury Demand Surge — GENIUS Act Reshapes U.S. Debt Market
Following the enactment of the GENIUS Act, the U.S. Treasury has ramped up short-term debt issuance to meet rising demand driven by stablecoin collateral requirements.
TradingKey
Wed, Aug 6
PRESS DIGEST -Wall Street Journal - August 6
Aug 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- The National Football League has struck a wide-reaching deal with Disney DIS.N in which it will take a 10% stake in the ESPN sports empire in...
Reuters
Wed, Aug 6
The U.S. is allegedly exploring ways to include better location-tracking capabilities on AI chips
The U.S. is allegedly exploring ways to include better location-tracking capabilities on AI chips.
Cryptopolitan
Wed, Aug 6
XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed Next
The XRP price continues to see wild fluctuations after a market retrace. The recovery above $3 remains wobbly, especially as it seems that the sellers are yet to completely run out of steam. As a result, there have been some adjustments in the XRP price predictions and suggestions on how high the pr...
Bitcoinist
Wed, Aug 6
Solana To Drop Before The ‘Real Move’? Analyst Forecasts New Highs In Q3
As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Related Reading: Is Bitcoin’s Price Discovery Rally Over? This Week’s Performance May Hold The ...
NewsBTC
Wed, Aug 6
Cardano Price Forecast: ADA flashes sell signal as whales holding, on-chain volume declines
Cardano (ADA) edges lower by nearly 2% at press time on Wednesday, extending the declining trend for the third consecutive week.
Cardano
Fxstreet
Wed, Aug 6
Beijing is still discussing consolidation plans with chip companies.
Beijing is still discussing consolidation plans with chip companies.
Cryptopolitan
Wed, Aug 6
Dogecoin (DOGE) Slides Again—Trend Reversals Signal Pullback Risk
Dogecoin started a fresh decline from the $0.2120 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.1940 support. DOGE price started a fresh decline below the $0.2050 level. The price is trading below the $0.20 level and the 100-hourly simple moving average. There ...
NewsBTC
Wed, Aug 6
Tron Records $1.4 Billion In Profit-Taking—Glassnode Reveals Who’s Behind It
On-chain analytics firm Glassnode has revealed the Tron (TRX) cohort that has been responsible for the latest profit-taking event on the network. Tron Has Just Seen Its Largest Profit-Taking Wave In Months In a new thread on X, Glassnode has discussed about the profit-taking spree that has just occu...
Bitcoinist
Wed, Aug 6
Bitcoin’s Technical Correction Sparks $200K Price Speculation for 2025
Bitcoin is currently undergoing a period of downward movement after briefly setting a new all-time high earlier last month. Over the past week, the world’s largest cryptocurrency has declined by nearly 4%, trading at $113,993 at the time of writing. This represents a drop of approximately 7.2% from ...
NewsBTC
Wed, Aug 6
Base halted block production for 33 minutes
Base halted block production for 33 minutes due to a faulty backup sequencer that was not fully configured.
Cryptopolitan
Wed, Aug 6
XRP Price Cuts Back Gains – Correction or Consolidation?
XRP price struggled to continue higher above the $3.10 zone. The price is trimming gains and might decline below the $2.90 support. XRP price is correcting gains from the $3.10 zone. The price is now trading below $2.980 and the 100-hourly Simple Moving Average. There was a break below a bullish tre...
NewsBTC
Wed, Aug 6
SEC Commissioner Peirce Urges Lawmakers To Protect Crypto Privacy Rights, Open-Source Developers
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has called for the protection of crypto privacy rights and open-source development ahead of the crucial verdict of the Tornado Cash co-founder’s trial. Related Reading: Time To ‘Catch Up’: Former Chancellor Says UK Risks Missing ...
Bitcoinist
Wed, Aug 6
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