Bitcoin experienced a pullback over the weekend, briefly dipping to $112,296 on Saturday before stabilizing around $114,420 at the time of writing. The asset has seen a nearly 4% decline in the past week, marking one of the more notable short-term corrections in recent weeks. Market analysts suggest that, while short-term volatility persists, Bitcoin’s broader outlook remains influenced by whale activity and long-term holder behavior. Recent on-chain data provided by CryptoQuant highlights significant movement among high-volume Bitcoin traders. Crazzyblockk, a contributor to CryptoQuant’s QuickTake platform, analyzed transactions of 1,000 BTC or more and identified a pattern in where large-scale investors, often referred to as whales, prefer to trade. The data shows Binance is the dominant exchange for these transactions, processing both the highest total volume and the largest number of individual whale-level trades across the market. Related Reading: Top Analyst Says Bitcoin Is Trapped: ‘Nothing To Do Until October’ Binance Emerges as Primary Venue for Whale Transactions According to Crazzyblockk’s analysis, Binance leads other exchanges by a substantial margin when it comes to whale activity. Over 30 million BTC have moved through Binance in both inflows and outflows, far exceeding figures recorded on competing platforms such as HTX Global and Kraken. While volume alone highlights the scale of transactions, Binance’s leadership becomes even clearer when measuring transaction count. Data indicates more than 56 million whale transactions have taken place on Binance, compared to roughly 16 million on HTX, making it the most active platform for high-frequency, large-scale trades. This dominance suggests Binance provides unmatched liquidity for big players in the market. As Crazzyblockk noted, “The concentration of whale activity on Binance provides it with unparalleled liquidity. For traders, this means tighter spreads and a greater ability to execute large orders with minimal price impact.” The findings indicate that monitoring Binance’s order book can offer valuable insights into institutional sentiment and potential market movements. Bitcoin Long-Term Holders Sustain Bullish Trend Despite Correction While whale activity dominates short-term price movements, broader market sentiment remains supported by long-term holders (LTH). Another CryptoQuant analyst, Abrahamchart, pointed out that long-term investors continue to hold significant unrealized profits, with the Net Unrealized Profit/Loss (NUPL) ratio staying above 0.5. This indicates that long-term holders are not rushing to sell, helping sustain price support near the $104,000 range. Short-term holders (STH), on the other hand, appear to be taking profits during rallies, contributing to temporary selling pressure and minor corrections such as the latest dip below $113,000. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details Abrahamchart noted that while the short-term market may experience fluctuations, the underlying trend remains intact due to the conviction of long-term participants. Featured iamegc created with DALL-E, Chart from TradingView
The CFTC is weighing a plan to let U.S. futures exchanges host spot crypto trading, but some warn it could trigger legal and regulatory risks.
The CFTC is seeking feedback on how to more effectively regulate spot crypto trading as it moves to implement recommendations from the Trump administration.
The executive order could reshape banking practices, ensuring crypto firms receive equitable financial services and challenging political biases.
The post Trump could soon sign executive order to penalize banks for discriminating against crypto firms appeared first on Crypto Briefing.
BTC recovers from Friday’s macro-led rout as Bitwise reports net inflows. But Polymarket traders give even odds of a drop below $100K, underscoring lingering market fragility.
Macro analyst Alex Krüger says the weekend’s sell-off has likely marked a tradable low for the crypto market, arguing that the move closely mirrors the 2024 “August crash” that bottomed on a Monday. “I see the current move as a smaller scale replay of last year’s August crash (which bottomed on Monday),” Krüger wrote on late-Friday in a post on X, adding that he would “be looking to add to longs on Monday, ideally before the US cash open,” if the overnight session remained panicky. He framed the decline as a classic shakeout rather than the start of a new downtrend. Krüger’s read hinges on macro first, crypto second. He notes that 2024’s August break came in a sequence—BoJ tightening, a hawkish FOMC, then weak payrolls—and he sees the present sequence as “similar.” There was no carry-trade impulse this time, he said, but markets digested a modestly hawkish Fed, mixed Big Tech earnings, a hotter-than-expected PCE inflation print, and finally a “horrid” US payrolls report—after which risk assets slid in tandem and crypto tracked equities lower. The latest PCE data, released July 31, showed headline inflation accelerating to 2.6% year over year and core PCE at 2.8%, a notch above forecasts—what Krüger summarized as “slightly hot.” Related Reading: Crypto Hacks Surge 27% In July: $142M Stolen As 2025 Trend Continues Earnings tape-bombs reinforced the risk-off mood. Microsoft and Meta beat estimates and initially rallied, while Apple’s reception was cooler and Amazon’s results were “very poorly received,” with AMZN sliding about 7–8% as investors questioned AWS’s momentum. Coinbase’s report landed at the other extreme for crypto beta: revenue missed expectations and the stock fell, a backdrop Krüger called “dreadful” for sentiment. “Even though the aforementioned concerns emboldened bears, this week’s move has been mainly a macro story, given how crypto traded mostly in line with equity indices,” he wrote. He also flagged an unusual political and geopolitical coda to this weekend’s rout. After the weak jobs report—plus an unusually stark revision by the Bureau of Labor Statistics, May and June were revised down by a combined 258,000 jobs—markets lurched, and the White House’s subsequent decision to reposition two US nuclear submarines amid heated exchanges with Moscow added to stress, he said. Kremlin officials later tried to downplay escalation risk, calling the submarine moves “routine.” Krüger called the nuclear rhetoric and presidential barbs at the Fed “noise” for markets, but said the combination likely helped flush leveraged positions into the close. On crypto-specific drivers, Krüger listed a cluster of narratives that, in his view, amplified bearish conviction without changing the macro center of gravity: disappointing Coinbase results; debate around whether MicroStrategy could curtail its at-the-market equity issuance, limiting incremental BTC buys; questions about the sustainability of “DATs” (digital-asset treasury companies) tied to ETH; and, on the other side of the ledger, the SEC’s new “Project Crypto,” a policy push to modernize securities rules and move more market infrastructure on-chain—“an extremely bullish development that should drive inflows later in the year,” as he put it. The SEC’s chair outlined “American Leadership in the Digital Finance Revolution” last week, framing tokenization and on-chain market plumbing as a regulatory priority. Related Reading: Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities Krüger’s base case is timing-driven: either crypto “bottomed after today’s close, given the sheer violence of that final dump, or will be bottoming together with equities on Monday.” In his plan, the trigger to add risk was early Monday—assuming the overnight remained disorderly—on the view that the analog to August 2024 would rhyme at the turn of the week. “A violent shakeout,” he wrote, not a regime change. He remains constructive into the fourth quarter, citing three pillars: a still-solid US economy, the start of Fed rate cuts, and a steadily improving regulatory climate that should broaden institutional and retail participation. Policy churn could amplify that path. Krüger pointed to Fed Governor Adriana Kugler’s resignation—effective this month—as a potentially market-relevant shift because it hands the White House an earlier-than-expected Board vacancy, and to former Fed Governor Kevin Warsh’s call for a new “Treasury–Fed accord” as a signpost for constraints on central-bank independence. On Monday he added, “This will prove to be very important later on,” citing Warsh’s argument about “limits on the Fed’s independence to help the govt with its finances.” Whether those institutional dynamics translate into earlier or deeper rate cuts remains open, but markets have already moved to price odds to 85% for a September cut following the payrolls miss. Krüger’s longer arc is unabashedly bullish but explicitly conditional on the macro. “I remain bullish on crypto into Q4,” he wrote, while warning that ETH-linked treasury plays could “lose momentum dramatically” later in the year if goods inflation re-accelerates as corporates pass tariffs through. He set a one-year Bitcoin target for mid-2026 at $200,000–$250,000—“extreme, but possible”—on the premise that a more dovish Fed in 2026 would coincide with ongoing adoption. For now, he is treating last week’s cascade as an echo of 2024’s Monday bottom. As he put it: “Now let’s see how this ages.” At press time, BTC recovered to $ Featured image created with DALL.E, chart from TradingView.com
The CFTC's initiative could streamline crypto regulation, fostering innovation and potentially increasing market stability and investor confidence.
The post CFTC explores allowing futures exchanges to offer spot Bitcoin, crypto trading appeared first on Crypto Briefing.
North Korean operatives have breached crypto firms’ cloud systems using fake IT job offers and malware, stealing billions this year.
Stellar (XLM) is currently stabilizing near the $0.42 mark after a volatile July rally that pushed prices up by more than 75%. Related Reading: Polkadot Powers Up: Breakout Structure Signals A Bullish Week Ahead Following a brief pullback to around $0.37, buyers have stepped in, keeping the token above critical support zones. As of early August, XLM trades between $0.384 and $0.392, signaling a period of healthy consolidation rather than panic-driven selling. Technical analysis shows that XLM is approaching key resistance at $0.4007, with immediate support sitting at $0.376. The Relative Strength Index (RSI) remains neutral, while decreasing trading volume indicates that current moves are driven more by profit-taking than bearish sentiment. XLM's price trends to the upside on the daily chart. Source: XLMUSD on Tradingview Analysts Predict 5x Rally by Q4 — Can Stellar (XLM) Deliver? Despite short-term volatility, analysts are optimistic about XLM’s prospects heading into Q4 2025. Projections suggest that if the current support levels hold and bullish momentum returns, the token could target $0.52 and eventually push toward $0.60 or beyond. Some bold forecasts even point to a 5x rally, potentially sending XLM as high as $1.50. A key driver behind this bullish outlook is increasing whale accumulation. On-chain data reveals a rise in wallet addresses holding over 10 million XLM, signaling strong confidence from long-term investors. Exchange inflows remain stable, further indicating that large holders are not rushing to exit positions. Institutional Interest and Long-Term Fundamentals Support XLM Institutional sentiment toward Stellar has improved significantly in 2025. Several asset managers have included XLM in their infrastructure-focused crypto portfolios, reflecting growing confidence in Stellar’s real-world utility. Key partnerships with companies like IBM, MoneyGram, and Franklin Templeton continue to bolster the network’s relevance in cross-border payments and CBDC development. Additionally, Stellar’s focus on fast, low-cost global transactions and the development of its smart contract platform, Soroban, support its position as a top-tier altcoin. If the price can hold current levels and gain momentum above $0.40, Stellar could be poised for another major leg up. Related Reading: Dogecoin Just Hit A Prime Risk-Reward Entry, Says Analyst As XLM holds firm around $0.43, a breakout above key resistance could spark the rally analysts have been forecasting, potentially making Stellar the next top-performing crypto. Cover image from ChatGPT, XLMUSD chart from Tradingview
Google aims to test the reasoning capabilities of ChatGPT, Gemini, Claude, and other AI models using a Bayesian skill-rating system.
Chainlink has introduced a new product called Data Streams, which delivers live pricing data for major US equities and exchange-traded funds (ETFs) directly onto blockchain networks. According to an Aug. 4 statement, Data Streams is designed to offer live, low-latency data on major US stocks and ETFs, including popular assets like SPY, QQQ, NVDA, AAPL, […]
The post Chainlink launches real-time US equities data stream on 37 blockchains appeared first on CryptoSlate.
Solana Mobile stands to earn at least $67.5 million from sales of the Seeker, which had pre-orders many times higher than the first-generation device.
The Commodity Futures Trading Commission (CFTC) has launched an initiative to enable trading for crypto asset contracts through its regulated exchanges. According to acting chairman Caroline Pham, the initiative is the first crypto-focused move geared to enable the mainstream adoption of digital assets in the United States. Furthermore, President Donald Trump has directed all respective …
Grayscale reappoints founder Barry Silbert as chairman and hires top Wall Street talent as it looks to defend its ETF revenue lead and sharpen its institutional edge.
An analyst has pointed out that XRP has seen a death cross on its MVRV Ratio, a potential sign that a steeper drawdown could be coming. XRP MVRV Ratio Has Crossed Under Its 200-Day MA In a new post on X, analyst Ali Martinez has talked about a crossover that has occurred in the Market Value to Realized Value (MVRV) Ratio of XRP. The “MVRV Ratio” refers to an on-chain indicator that tells us how the Market Cap of the asset compares against its Realized Cap. The Realized Cap is a capitalization model that calculates the cryptocurrency’s total value by assuming the ‘real’ value of each token in circulation is equal to the price at which it was last transacted on the blockchain. This is different from the Market Cap, which takes the current spot price as the same one value for the entire supply. As the last transaction of any token is likely to denote the last point at which it changed hands, the price at its time could be considered as its current cost basis. Thus, the Realized Cap, which adds up this value for all coins, is essentially the sum of the capital that the investors have put into the asset. Related Reading: Altcoin Season Here? 6 Key Metrics Show Market Shift Since the MVRV Ratio compares the Market Cap, which can be thought of as the current value held by the investors, against this initial investment, it provides a measure of the profit-loss balance of the market. When the value of the indicator is greater than 1, it means the holders as a whole are sitting on some net unrealized profit. On the other hand, it being under the cutoff implies the dominance of loss on the blockchain. Now, here is the chart for the XRP MVRV Ratio shared by the analyst that shows the trends in its daily value and 200-day moving average (MA) over the past year: As displayed in the above graph, the XRP MVRV Ratio has remained above the 1 mark (corresponding to 0% on the chart’s scale), suggesting the overall market has been in the green recently. There have been some fluctuations within this profitable region, however, like earlier in the year when the metric witnessed a drawdown during which it slipped below its 200-day MA. With the price surge in July, the indicator managed to recover back above the line, but after the latest decline, it has once again crossed below it. “The MVRV ratio flashed a death cross for XRP, suggesting a steeper correction could be underway!” explains Martinez. Related Reading: PENGU Down 11%, But These TA Signals Could Point To Rebound It now remains to be seen how the cryptocurrency’s price would develop from here, given the formation of this bearish crossover. XRP Price At the time of writing, XRP is trading around $3.00, down around 6.5% over the past week. Featured image from Dall-E, Santiment.net, chart from TradingView.com
The $18 billion AI search startup allegedly disguised its bots to scrape content from sites that banned it, prompting Cloudflare to kick it out of its verified bot program and roll out new anti-scraping defenses.
Bitcoin (BTC) has attempted to regain midterm bullish sentiment after rebounding from the crucial targets on Monday, August 4, 2025. The BTC/USDT pair rebounded nearly 1 percent from the 50-day Moving Simple Average (SMA) to trade around $114,981 during the mid-New York session. The wider crypto bullish rebound today was bolstered by the rising interest …
The GENIUS Act’s ban on yield could dampen the appeal of digital dollars, particularly as tokenization efforts in traditional finance gain momentum.
Ethereum’s on-chain activity is heating up, and price action tends to follow this growing engagement. Rising active addresses indicate that existing users are interacting with the network more frequently, while the surge in new addresses reflects a steady influx of fresh participants. These metrics suggest that ETH growth is being driven by genuine utility, rather than pure speculation. If these daily transactions persist, ETH could be entering a new phase where fundamentals and market sentiments begin to align, as the ETH engine runs hotter than ever. Is Ethereum Positioning For Market Leadership? Ethereum on-chain activity is quietly but decisively gaining momentum. According to Cas Abbe’s post on X, ETH’s daily transactions have now climbed to their highest levels in more than a year, which is a sign that network usage is not just holding steady, but also accelerating. Related Reading: Ethereum Chain Dominates RWA Market With 83.69% Share Data shared by the expert shows that the number of daily transactions stands at about 1.7 million. This surge in activity suggests that ETH’s fundamentals are strengthening, even if price action hasn’t fully reflected it yet. Presently, more users are engaging with the ETH network, as both active addresses and new addresses trend sharply upward. This is more than short-term trading noise; it’s a sign of real adoption and sustained network usage. While daily transactions have spiked, the EIP-1559 upgrade has continued to act as a quiet and powerful force in Ethereum’s economics by permanently removing ETH from circulation over time, leading to a tightening supply. Despite recent market volatility, Cas Abbe highlighted that the net ETH emissions remain near neutral, which means that the ETH supply dynamics are becoming increasingly tight. This combination of rising network usage and limited net supply is a powerful market signal. It shows that ETH momentum isn’t being driven by short-term hype, but by genuine, sustained demand for block space and the service built on its network, and long-term fundamentals. Could Strategic Accumulation Mark The Start Of A New Bull Phase? Ethereum continues to experience notable growth in several key areas. Recent reports revealed that ETH’s strategic reserve has exploded in size over the past few months, signaling a dramatic shift in market positioning. Related Reading: Ethereum Treasury Strategy: BTCS Seeks $2 Billion Raise For Crypto Accumulation An analyst known as Crypto Patel stated on X that back in April, the ETH strategic reserve stood at around $200 million. Meanwhile, today, the reserve has surged to an astonishing $10 billion, which reflects a 50% increase in just four months. The sharp growth in the ETH strategic reserve is more than just a big number; it’s a clear signal of strong accumulation and deep long-term confidence in the ETH network’s future. It also suggests staking growth and large-scale capital repositioning ahead of ETH’s next potential catalysts. Featured image from iStock, chart from Tradingview.com
Bitcoin’s trading patterns are shifting significantly, as spot exchange-traded funds (ETFs) reshape the landscape. Since their launch in January 2024, Bitcoin’s price volatility has declined to levels not seen before. On August 4, Bloomberg ETF analyst Eric Balchunas pointed out that Bitcoin’s 90-day rolling volatility has now fallen below 40, its lowest point since the […]
The post Bitcoin volatility hits record low as ETFs influence market conditions appeared first on CryptoSlate.
Bitcoin (BTC) is down 3.6% over the past week, falling from around $119,800 to the $114,500 range at the time of writing. This weakening price action is also reflected in spot Bitcoin exchange-traded funds (ETFs), most notably in BlackRock’s IBIT Bitcoin ETF, which saw over $2.6 billion in outflows on August 1. IBIT Bitcoin ETF Sees Massive Outflows According to a recent CryptoQuant Quicktake by contributor Amr Taha, BlackRock’s IBIT ETF recorded more than $2.6 billion in outflows on August 1 – the highest figure in the past two months across all listed Bitcoin ETFs. Taha highlighted that the sharp reversal in institutional demand for Bitcoin ETFs comes after several weeks of positive inflows, and indicates a growing sense of caution among ETF investors. Data from SoSoValue confirms the trend. Related Reading: Bitcoin Sees Rising New Investor Dominance, Old Holders Yet To Capitulate For the week ending August 1, US-based spot Bitcoin ETFs recorded a net outflow of $643 million. This marked the end of a seven-week streak of positive inflows, which had totaled more than $10 billion. Another important point is that the $2.6 billion outflow from BlackRock’s IBIT ETF was not mirrored by other ETFs. Analyst Taha also identified a correlation between IBIT outflows and Binance-origin USDT transfers on the Tron network. In his analysis, the CryptoQuant contributor noted that alongside the IBIT outflows, USDT transfers on Tron from Binance fell from approximately $2 billion to $1.3 billion – a sharp 35% decline. Taha added: The timing strongly suggests a link between the ETF-driven selling pressure and the accelerated pace of stablecoin withdrawal via Tron, a blockchain renowned for fast and cost-efficient transactions. Tron network’s low fees and speed make it a preferred blockchain for both retail and institutional stablecoin transfers. Therefore, a drop in USDT transfers from Binance – occurring in tandem with IBIT outflows – suggests that institutional interest in BTC may be temporarily cooling off. Recent on-chain data shows Binance continues to lead other exchanges such as OKX, HTX, and KuCoin in terms of Tron-based USDT transfers. As a result, Binance volume trends often serve as a reliable indicator of investor sentiment shifts. Fresh Data Presents Mixed Forecasts Beyond weakening ETF demand, new exchange data signals potential headwinds for Bitcoin in the near term. For example, Binance’s net taker volume dropped to -$160 million last week, indicating increased sell-side activity. Related Reading: Bitcoin Overheating Signals Easing – Is A Second-Half Rally Ahead? From a technical standpoint, things appear less than optimistic. Crypto analyst Josh Olszewicz recently predicted that BTC could remain range-bound until October 2025. Still, not all signs are bearish. A recent report from CoinShares estimates that Bitcoin could rise to $189,000 if it captures just 2% of global M2 money supply or 5% of gold’s market cap. At press time, BTC trades at $114,494, up 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Bullish, the institutional crypto exchange backed by tech billionaire Peter Thiel, is targeting a valuation of up to $4.23 billion in its U.S. initial public offering, according to a regulatory filing submitted on Aug. 4. The company is offering 20.3 million shares priced between $28 and $31, potentially raising as much as $629.3 million, Reuters […]
The post Peter Thiel-backed Bullish seeks $4.2B IPO amid policy shifts in the US appeared first on CryptoSlate.
Verb Technology is raising $558 million and rebranding as TON Strategy Co., becoming the first public company to hold Toncoin as a treasury asset.
Benchmark analysts reiterated a 'buy' rating and a $421 price target on COIN shares following last week's earnings print.
Chainlink's new product aims to support the next wave of tokenized real-world assets.
Compass Point analysts view cooling interest in crypto trading among retail investors as a potential headwind for the exchange.
Europe’s top central bank is firm on one thing: banknotes aren’t going anywhere. On Monday, ECB Executive Board member Piero Cipollone vowed that euro coins and bills will remain at the heart of payments, even as Brussels moves ahead with plans for a state-backed digital euro. Related Reading: Spot Bitcoin ETFs Bleed Over $800 Million: Second‑Largest Exit Ever – Details He warned that without a public digital option, privately issued stablecoins could gain too much ground—especially in cross-border transfers. ECB’s Cash And Digital Push According to a blog post by Cipollone, the digital euro will sit alongside physical money, not replace it. He wrote that cash and digital euros, both with full legal tender status, will give consumers more choice. Reports have disclosed that on April 8, Cipollone said a digital euro would curb the rise of foreign-pegged stablecoins in Europe. He added that failing to launch it would leave risks on the table and forgo key opportunities. Cash is indispensable as a way to pay and to store value, says Executive Board member Piero Cipollone. We are modernising banknotes, ensuring they remain accessible and widely accepted. A digital euro will complement this by bringing the benefits of cash to digital payments. — European Central Bank (@ecb) August 4, 2025 Private Coins Are Growing Fast Crypto payments are on the rise. Stablecoins now handle many everyday buys and cross-border deals. Data shows that these digital coins often tie to the US dollar and escape strict banking rules. That worries regulators who fear a shift away from the euro. By building its own digital currency, the ECB plans to keep control firmly in its hands. Public Interest Remains Low A working paper published on March 13 found that Europeans aren’t exactly lining up for a digital euro. When people were asked to split 10,000 euros (about $10,800) among different assets, only a small slice went to the digital version. Cash still dominated. Based on reports, that survey showed nearly all respondents kept most of their mix in coins, bills or traditional bank deposits. Calls For Stablecoin Rules Some analysts say the world needs a stablecoin rulebook, pointing out that strong global coordination is vital to check the power of dollar-pegged coins. Other financial experts agree, highlighting the significance of options like regulated euro-pegged stablecoins, distributed ledger applications and the digital euro itself. Related Reading: Slow And Steady: Bitcoin’s Current Rise Feels Different—Study By stressing that cash is here to stay, the ECB sends a clear message: innovation must not come at the cost of stability. The plan is to roll out the digital euro in a way that works for all Europeans—whether they live in a city with fast internet or a town where ATMs are lifelines. Featured image from Meta, chart from TradingView
Bitcoin ETF netflows may be key in gauging market appetite as exchange order-book liquidity puts $116,000 top of the list for bulls.
Spot Ethereum exchange-traded funds (ETFs) available in the US saw $152.3 million in outflows on Aug. 1, ending their longest streak of inflows. According to Farside Investors’ data, the outflow amount was the largest since Jan. 8. It ended the 20-day streak of positive netflows for Ethereum ETFs, which have accumulated nearly $5.4 billion during […]
The post Ethereum ETFs 20-day inflow streak ends with $152M outflow appeared first on CryptoSlate.
Triton is Nvidia’s open-source inference server designed to optimize AI model deployment, now at the center of newly disclosed security vulnerabilities.