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Bitcoin Charting A Recovery: Bullish Base Forms After $115,000 Drop
Bitcoin is showing signs of life after a sharp drop from the $115,000 level, with bullish momentum quietly rebuilding beneath the surface. As volatility settles, a potential recovery is beginning to take shape, fueled by key technical signals on lower timeframes. With the market stabilizing, the nex...
NewsBTC
Wed, Aug 6
Galaxy Digital Dumps Ethereum, XRP For Bitcoin In Latest Report
Crypto firm Galaxy Digital recently filed its Q2 report, which showed the amount of digital assets it currently holds. The report showed that the firm increased its Bitcoin exposure, while reducing its Ethereum and XRP holdings. Galaxy Digital Buys More Bitcoin, Offloads Ethereum and XRP Galaxy Digi...
Bitcoinist
Wed, Aug 6
Solana loses top spot as Hyperliquid claims 35% of July blockchain revenue
Hyperliquid, the decentralized derivatives exchange, raked in 35% of all blockchain revenue in July, according to a VanEck report. It outpaced Ethereum, BNB Chain, and even Solana, once seen as the king of on-chain trading. This suggests that Hyperliquid’s adoption boom might have come at Solana’s expense. SOL shot past $260 in January 2025, riding […]
Cryptopolitan
Wed, Aug 6
Ethereum Price Prediction: ETH Bounces Back, Could Your Next Big Win Be One Of These ETH Tokens?
The market is showing new signs of life and Ethereum is coming back with it. ETH is currently trading at $3,631.19, an increase of 1.52% a movement that has most traders reevaluating their Ethereum price prediction targets. With Ethereum gathering momentum, newer ETH-based tokens like Ethena, Ether-Fi and even off-Ethereum DeFi solutions like Remittix are […]
Cryptopolitan
Wed, Aug 6
Whales hold the voting power as Shiba Inu considers election to shift to decentralized state
Shiba Inu is planning to hold elections and allow participants in the memecoin ecosystem to choose their next leaders. The project team lead, Shytoshi Kusama, disclosed this on X, noting that it is a step towards full decentralization. According to a blog post by Kusama, the elections will mark a transition of power and the […]
Cryptopolitan
Wed, Aug 6
Top Analyst Says Hyperliquid Whales Are Smart When Buying Memes, HYPE Whale Buys Top Crypto Presale
In a market ruled by whales and algorithms, even the savviest traders follow the currents set by those with the deepest pockets. According to a leading market analyst, Hyperliquid whales—known for their precision timing and risk appetite—are now tracking a new meme phenomenon: the Top Crypto Presale Pepe Dollar (PEPD). As HYPE builds, the radar […]
Cryptopolitan
Wed, Aug 6
China’s dominance of open-source AI faces biggest test yet in OpenAI
OpenAI unveiled two new open-source AI models, GPT-OSS-120b and GPT-OSS-20b, marking its first public code release since GPT-2 in late 2019. Many see the move as a huge challenge to China’s dominance in open-source models. Sam Altman, co-founder and CEO, hailed the launch as “a big deal,” writing on the X platform that these are […]
Cryptopolitan
Wed, Aug 6
VanEck says Ethereum might be a better store of value compared to Bitcoin
Ethereum may be on track to challenge Bitcoin’s long-standing status as the ultimate store of value in the digital asset ecosystem, according to VanEck.
Cryptopolitan
Wed, Aug 6
Bonk price declines as suppressed funding rate and open interest weigh on sentiment
Bonk (BONK) is facing increasing selling pressure, down over 1% on Wednesday to trade at around $0.00002405 at the time of writing. The Solana-based meme coin turned bearish after posting the largest monthly return this year of 79.6% in July.
Fxstreet
Wed, Aug 6
Bitcoin Downward Trend Extends: Here Are The Key Drivers Behind The Decline
Bitcoin’s current downward trend has extended into another day, amplifying investor anxiety and bolstering broader market uncertainty. Since the pullback in late reply, BTC’s price has been falling steadily, with its price now retesting the $113,000 threshold. While bearish pressure intensifies, sev...
Bitcoinist
Wed, Aug 6
Bitcoin Net Taker Volume Stays Bearish – Fragile Market Structure Risks Liquidation Cascade
Bitcoin is trading in a vulnerable position, hovering below the critical $115K level and flirting with a potential breakdown towards $110K. After weeks of bullish momentum that propelled BTC to new highs, the market has entered a phase of caution and fear. The enthusiasm that once drove relentless b...
NewsBTC
Wed, Aug 6
Russia finds more 1,000 crypto pyramid schemes operating locally in 2025
Regulators in Russia have identified more than 1,000 pyramid schemes offering quick returns on cryptocurrency investments in the first half of the year. The data comes against the backdrop of a significant increase in the number of fraudulent projects in the financial market registered by the Russian central bank. 1,000 crypto pyramids scam Russians in […]
Cryptopolitan
Wed, Aug 6
Terawulf Inc
expected to post a loss of 6 cents a share - Earnings Preview
Terawulf Inc WULF.OQ WULF.O is expected to show a rise in quarterly revenue when it reports results on August 8 for the period ending June 30 2025The Easton Maryland-based company is expected to report a 30.0% increase in revenue to $46.247 million from $35.57 million a year ago, according to the...
Reuters
Wed, Aug 6
Gryphon Digital Mining Inc Files For Mixed Shelf Of Up To $5.0 Billion - SEC Filing
Gryphon Digital Mining Inc GRYP.O:GRYPHON DIGITAL MINING INC FILES FOR MIXED SHELF OF UP TO $5.0 BILLION - SEC FILINGSource text: [ID:n0001213900-25-072233]
Reuters
Wed, Aug 6
U.S. lawmaker turns the scrutiny on Intel CEO’s China links
Senator Tom Cotton raised concerns about Intel’s chair, Lip-Bu Tan’s, investments in Chinese firms.
Cryptopolitan
Wed, Aug 6
Solana News: Solana Mobile Launches Seeker Smartphone, SOL Price Battles To Regain Losses
A few hours ago, Solana Mobile announced news via its X account, revealing the official launch of its Web3 smartphone, the Seeker. The Seeker is Solana’s hardware release, offering crypto utilities. Solana Mobile aims to combine hardware adoption and technical wallet integration to drive active usage and dApp transactions. Adopting Seeker could reduce the available […]
Cryptopolitan
Wed, Aug 6
No More Scam Transactions: D’CENT and Blockaid Bring Real-Time Crypto Threat Detection
In Q1 2025 alone, crypto scams nabbed over $472M – outpacing last year’s $336, with most succeeding because unsuspecting victims click ‘sign’ without realizing what they’ve agreed to. It’s easy to fall prey, as many phishing scams have fooled even the most seasoned traders, but that’s no...
Bitcoinist
Wed, Aug 6
Capital flight risks test China's plan to disrupt dollar stablecoins' dominance
China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of the US dollar. But behind the scenes, officials are worried that this very move could backfire by triggering capital flight. The country’s financial system isn’t built to handle rapid money movement, especially not through […]
Cryptopolitan
Wed, Aug 6
Ripple sends feedback to Senate for more clarity in crypto regulation proposal
Ripple submitted feedback to the Senate’s crypto regulation proposal.
Cryptopolitan
Wed, Aug 6
Bakkt to Acquire Marusho Hotta, Rebrand as bitcoin.jp in Global Bitcoin Strategy
Aug 6 (Reuters) - Bakkt Holdings Inc BKKT.N:BAKKT HOLDINGS TO ACQUIRE SHARES OF JAPANESE COMPANY MARUSHO HOTTA; COMPANY TO BE RENAMED BITCOIN.JP; TRANSACTION EXPECTED TO KICK OFF BAKKT’S MULTINATIONAL BITCOIN TREASURY STRATEGYBAKKT HOLDINGS INC: TO ACQUIRE APPROXIMATELY 30% OF OUTSTANDING SHARES OF ...
Reuters
Wed, Aug 6
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