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Ethereum’s $5,000 Path? ETH Reclaims a Key Level as Institutions Keep Accumulating
Ethereum has been hovering near the $1,900 level after climbing almost 9% over the past month, but it is still far below its previous all-time high. New data suggests the crypto asset is building a strong long-term setup, as technical signals and institutional demand continue to support the broader outlook. Multiple Bullish Signals Analyst Crypto…

Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million
Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million New analysis of Bitcoin theft reports reveals that stolen funds overwhelmingly came from long-dormant wallets, with victims reporting a median loss of over one coin. Data posted on X from Galaxy Research’s Alex Thorn looked at 250 victim…

Pi Network (PI) Slips 5% Daily, But Community Sentiment Remains Strongly Bullish
Many well-known altcoins, including Cardano (ADA), Hyperliquid (HYPE), and Zcash (ZEC), have posted some gains over the last 24 hours, yet Pi Network’s PI has failed to join the party. Despite its renewed slump, though, the crypto community sentiment toward it is highly bullish. Bad News? It’s quite challenging to find a leading cryptocurrency that…

Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs
Bitcoin Magazine Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs Bitcoin was trading higher on Friday — despite negative news circulating regarding the Clarity Act delay and a massive exploit of the popular Coldcard wallets. The biggest cryptocurrency was trading above $65,170 today, up nearly 4% over…

Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security. At the same time, another story was developing in the background.…

Ethereum Price Analysis: Can ETH Overcome Overhead Moving Averages?
Ethereum has continued to stabilize following its sharp correction from the yearly highs, with buyers attempting to regain control after breaking out of the long-term descending channel. While the recovery has improved the near-term outlook, ETH still faces a cluster of major resistance levels overhead that must be reclaimed before a broader trend reversal can…

Bitcoin Barely Budges as Weak US Jobs Data Cuts Fed Hike Odds to 44%
Traders cut the odds of a September Federal Reserve rate hike to 44% on Friday after US non-farm payrolls unexpectedly fell by roughly 23,000 in July, all while Bitcoin (BTC) rose a very modest 0.7% in the hour after the release, jumping to a local high of $65,300. Moving on, payrolls were forecast to rise…

Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports
Bitcoin Magazine Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today. As first reported by POLITICO, citing comments from Majority Leader John Thune, the vote on the landmark…

Ripple Price Analysis: How Low Can XRP Go if It Loses $1 Support This Weekend?
XRP remains under sustained selling pressure against both USDT and BTC, with the higher time frame structure continuing to favor the bears. The latest breakdown below the key horizontal support reinforces the prevailing downtrend and leaves the market vulnerable to another leg lower unless buyers quickly reclaim the lost levels. Ripple Price Analysis: The USDT…

Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account
[PRESS RELEASE – Road Town, British Virgin Islands, August 7th, 2026] 250+ TradFi markets join Carbon’s 530+ crypto perpetuals & 150 24/7 RWAs in one venue. Wall Street depth at listing, stable overnight rates, and on-chain settlement. Carbon, the on-chain prime broker for global markets, today opened public trading on 250+ Carbon TradFi markets spanning…

Bitcoin Taps $65K Despite CLARITY Act Setback and Lack of US-Iran Deal: Weekly Crypto Recap
After last week’s Federal Reserve FOMC meeting, all crypto eyes remained on the US, but this time it was focused on whether the Senate will vote on the highly anticipated CLARITY Act before the August recess. The decision became known on Thursday evening. But before that, let’s rewind the clocks to last Friday when bitcoin…

Cardano (ADA) Flashes a Major Bullish Signal That Could Trigger a 200% Pump
Cardano’s native cryptocurrency has been on fire lately and has emerged as the best-performing digital asset over the past week. It has become the subject of multiple price predictions, with many market observers anticipating much more substantial gains ahead. What Happened and What Might Be Next? ADA has been on a massive overall decline in…

Crypto Price Analysis August-07: ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, Ethereum continued to range without any significant volatility. This has allowed the price to consolidate under the $2,000 resistance. At the time of this post, the support at $1,800 is holding well and was recently re-confirmed. The…

Recent Binance Updates, Top SOL and DOGE Forecasts, and More: Bits Recap August 7
Binance will delist four trading pairs on Saturday and pause certain services the following day. Solana is at risk of plummeting to $50, while Dogecoin (DOGE) might be on the verge of a major revival. The Latest Binance Announcements The world’s biggest crypto exchange will remove the spot trading pairs QNT/BTC, RPL/USDC, SIGN/BNB, and SKL/USDC…

Bitcoin’s BIP110 Moment: Three Possible Scenarios
Bitcoin Magazine Bitcoin’s BIP110 Moment: Three Possible Scenarios Author’s note: In my view BIP110 is both useless and harmful, and I do expect it to fail (see scenario 1). Despite this I tried to write this article as factually as I could, entertaining different possible scenarios, as I do hope it may provide some clarity…

LBank Joins Forces With Pudgy Penguins to Launch 500,000 USDT Reward
[PRESS RELEASE – Singapore, Singapore, August 7th, 2026] LBank, the leading global cryptocurrency exchange, has launched a 500,000 USDT reward campaign in partnership with Pudgy Penguins, one of the most recognized Web3-native IP ecosystems, providing new and existing users with multiple opportunities to earn rewards while participating in crypto trading activities. Starting August 7, the…

CoinMarketCap Expands Its Pro API With Real-World Asset Data Endpoints
[PRESS RELEASE – Kwai Chung, Hong Kong, August 7th, 2026] CoinMarketCap has expanded its Pro API with a new suite of seven real-world asset (RWA) endpoints, giving developers a single programmatic source for data on tokenized versions of traditional financial instruments. The RWA endpoints cover tokenized equities, commodities, currencies, government securities, exchange-traded funds (ETFs), and…

‘Bitcoin Doesn’t Need CLARITY:’ Michael Saylor Responds to Bill’s Delay
The big news over the past 12 hours is the delay of the highly anticipated CLARITY Act in the US, and numerous prominent figures in the cryptocurrency space have commented on it. Michael Saylor has stayed true to himself, focusing only on Bitcoin. In his post on the matter, the co-founder of Strategy noted that…

XRP Price Slides on CLARITY Delay as Analyst Flags Weak August Trend
XRP fell on August 7 after the US Senate delayed a vote on the CLARITY Act until September, adding new pressure to a token that had already been losing ground against Bitcoin (BTC) for weeks. The setback has renewed attention on historical price trends, with analyst ChartNerd arguing that August has consistently been a difficult…

Bitcoin Miners Are Selling Again: Here’s How Much BTC Was Reportedly Offloaded
Bitcoin’s price recovery to over $64,000 could be in trouble as the backbone of the entire network and ecosystem has gone on a substantial selling spree. Data from Lookonchain shows that two of the largest BTC miners, namely MARA and Riot Platforms, have deposited significant portions of the cryptocurrency to exchanges, with the likely intention…

CLARITY Act Stalls in Senate as Political Divisions Push Crypto Bill Into September
The industry’s biggest legislation has faced yet another setback. The US Senate will not take up the crypto market structure bill before lawmakers leave Washington for the month-long recess, pushing the vote to September instead. Senate Majority Leader John Thune, speaking through a spokesperson, confirmed there will be no vote on the CLARITY Act in…

Bitcoin Active Addresses Surge to 8-Month High After Coldcard Panic
Bitcoin (BTC) active addresses reached roughly 0.98 million a day on July 31, the highest daily count since December 2024, after attackers began sweeping wallets whose seeds were generated on defective Coldcard firmware. Glassnode published the figure on August 6 and called the surge “fear-driven on-chain activity.” The analytics firm stated that “holders migrating seeds…

A tax official in France stole a list of everyone in the country who owns crypto and sold it. Now criminals are showing up at their front doors with zip ties.
submitted by /u/Bcom_Mod [link] [comments]

“We Need Clarity,” Says Former New York Governor Andrew Cuomo
Bitcoin Magazine “We Need Clarity,” Says Former New York Governor Andrew Cuomo Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line. Cuomo, who is also the director of crypto exchange OKX, said that Democrats and Republicans were mainly locking…
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