The US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued new staff guidance stating that liquid staking does not automatically constitute a securities offering. According to an Aug. 5 statement, neither the liquid staking activities nor the associated staking receipt tokens (SRTs) constitute offers or sales of securities that require registration. The statement […]
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The debate around Bitcoin’s top for this cycle has been a major topic as market participants eye potential peaks later this year. Although some analysts have forecasted a blow-off top in October or November, Quinten Francois, a respected crypto market commentator, strongly disagrees. Drawing from historical data and market psychology, Francois believes that the current bull market is far from over and that expectations for a Q4 2025 top are “just not going to happen.” November Is Too Soon For A Bitcoin Peak Taking to the social media platform X, Bitcoin commentator Quinten argued that any expectations for a full market peak by November completely overlook how previous cycles have unfolded. He pointed out that in both 2017 and 2021, the altseason, the period when altcoins outperform Bitcoin, began in Q1 of those respective bull market years. Related Reading: Altcoin Season Loading As Bitcoin Dominance Crashes Toward 60% From that point, the retail-driven psychological cycle took roughly 9 to 12 months to fully play out. This time around, the analyst suggests that altseason hasn’t even started in earnest. The ETH/BTC ratio, often used as the criteria for altseason momentum, is only just beginning to reverse. Given this timing, Quinten noted that a cycle top occurring within the next two or three months is nearly impossible. The moment altseason begins marks the entry of broad retail participation, and from that point onward, it typically takes 9 to 12 months for euphoria and market excess to reach a crescendo. If history is any guide, the current psychological cycle is still in its early stages because the retail cycle hasn’t properly kicked in yet. This would push a market peak into the second or third quarter of 2026 at the earliest. Altcoin Cycle Will Determine If Peak Is Possible The only condition that could allow for a major top this year, Quinten admitted, would be an absence of an altcoin cycle altogether. That scenario, or a catastrophic black swan event, could short-circuit the retail cycle and lead to an earlier-than-usual top. However, the possibility of this happening is very low, and this psychological cycle simply cannot play out much quicker than 9-12 months. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? As such, Bitcoin’s price action is most likely to play out like it has always done. “If things unfold as they historically have (we can only count on this), then it’s just not going to happen,” he said. Although the analyst did not give a price target for the expected Bitcoin top for this cycle, other technical analysts have pointed to targets between $140,000 and $200,000. In another post on the social media platform, Quinten noted that Bitcoin is currently playing out its biggest bullish setup in history. This outlook is based on a current retest of an ascending trendline of all-time highs, which Bitcoin broke above in July. At the time of writing, Bitcoin is trading at $114,460, having declined by about 3.7% in the past seven days. Featured image from Pixabay, chart from Tradingview.com
The firm aims to reduce settlement times and foreign exchange fees with its USDSL stablecoin, issued by Bridge.
Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July.
Bitcoin is facing selling near $115,000, but LTC, CRO, ENA and MNT are bucking the trend and showing strength on the charts.
The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector. According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp increase from the $1.26 trillion processed in June and surpasses the previous high seen in August 2024, when volumes topped […]
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In the face of growing market uncertainty, a Shiba Inu developer, Kaal Dhairya, has spoken out on X about the project’s internal problem and the team’s top priorities. As SHIB begins August with a market dip, slipping further down the crypto rankings, and facing growing competition, Dhairya is drawing attention to the internal struggles holding the ecosystem back. Shiba Inu Primary Challenge Revealed According to Kaal Dhairya, the biggest issue holding Shiba Inu back is not the market, but what’s happening inside the community, highlighting the ongoing splits slowing down SHIB’s development and holding back its progress. He says rather than evaluating projects based on their potential benefits to Shibarium and SHIB holders, decision-makers often base their choices on personal opinions and bias. Related Reading: Spot Ethereum ETFs Set A New Record In July With $5.4 Billion Monthly Inflow Dhairya gave a past example to show how things used to be different. He mentioned how the K9 project thrived under the support and guidance of trusted community members like himself and another developer, Shytoshi Kusama. Back then, no one saw it as a scam or a quick cash grab, and the community supported it. But now, he says, even legitimate projects get caught in the crossfire of personal rivalries and distrust. Individuals who have already raised significant amounts of money from the SHIB community or built influence under changing identities often drive this tension. He added that while it is typical for projects to hire advisors or influencers to promote their tokens in return for payment, he believes the SHIB community should aim for something better. Dhairya emphasized the need for openness and honesty within the community regarding personal gains from promoting or advising a project as part of that higher standard. Top Priority: Building Unity And Community Governance With the market turning and the cryptocurrency dropping under the top 20 in the rankings, Dhairya clarified that the main priority now must be unity. Shiba Inu saw a 9% rise in July, but that momentum quickly faded. By early August, SHIB had dropped over 2%, falling from a high of $0.00001437 on July 28 to a low of $0.0000116 on August 2. The token has now dropped to the 22nd spot in the crypto rankings, with a market cap of $7.17 billion. Related Reading: Ripple Exec Reveals What Will Drive The XRP Price Value Instead of being divided by internal arguments, Dhairya wants the community to unite and tackle the external challenges, especially in light of SHIB’s recent price drop. These include rival projects that have pushed the cryptocurrency out of the top 10 and major web3 companies and crypto infrastructures that continue to overlook Shiba Inu. He also mentioned centralized exchanges that earn large profits from SHIB but do not show the community the respect it deserves. To face these outside forces, Dhairya stressed implementing practical decision-making tools, eliminating favoritism, and supporting projects that add actual value to the ecosystem. The developer also underscored the need to empower Shiba Inu’s decentralized autonomous organization (DAO) as the future lies in building a fair, community-led system where every “Shibizen” has an equal voice. He further suggests a quad-token governance model and adherence to ethical guidelines, like the Great Canine Code, to keep leaders accountable and prevent misuse of power. Featured image from Unsplash, chart from TradingView.com
In its most recent earnings report, Coinbase's consumer spot trading volume declined 45% when compared to the previous quarter.
Increased demand for downside protection reflects macro risks, not an imminent Bitcoin price collapse, which could help BTC avoid a trip down to $110,000.
The drop came amid a market sell-off triggered by bitcoin's drop to $112,800, which sparked $360 million in liquidations in 24 hours.
Ethereum (ETH) has been facing heightened volatility over the past week, following a sharp correction from its recent local high at $3,940 down to $3,360. After weeks of aggressive buying activity and bullish momentum, the market is now showing signs of fatigue. Analysts are growing cautious, with many warning that a deeper correction could be imminent if Ethereum fails to reclaim key support zones. Related Reading: Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact Adding to these concerns, fresh data reveals a significant shift in market dynamics. The taker buy/sell ratio — a key indicator that tracks the aggressiveness of buyers versus sellers — has sharply declined into negative territory today. This signals that sellers are currently dominating the order books, applying sustained pressure on ETH’s price action. While some view this as a typical cooldown phase after a major rally, others believe Ethereum is entering a riskier phase where bearish sentiment could intensify if support fails to hold. The coming days will be critical in determining whether ETH stabilizes around current levels or slides further into correction territory. Ethereum Faces Short-Term Selling Pressure According to top analyst Darkfost, Ethereum’s taker buy/sell ratio has dropped sharply into negative territory today, reaching 0.87—one of the lowest levels recorded since the start of the year. This metric, which measures the ratio of aggressive buyers to sellers in futures markets, reveals that selling pressure is now firmly in control of ETH’s order books. Although today’s data is still incomplete, the current reading already indicates a dominance of sell orders on Ethereum futures. Darkfost notes that this shift has been developing for several weeks. Since July 18th, the taker buy/sell ratio has been mostly negative, which correlates with Ethereum’s recent inability to break through key resistance levels and its transition into a short-term consolidation phase. While this may seem concerning for bullish traders, Darkfost emphasizes that such consolidations are a normal part of market cycles, especially after a strong rally. He suggests that Ethereum could face a challenging period in the short term, as market sentiment remains fragile and sellers continue to control intraday movements. Related Reading: Bitcoin Investors Selling More Aggressively As Bull Cycle Matures: Risk Appetite Fades? However, this phase might offer a healthy foundation for the next leg up. If Ethereum manages to stabilize and consolidate above critical support zones, the broader trend remains favorable. Long-term fundamentals, including on-chain accumulation and growing institutional interest, still point toward upside potential once this phase of selling pressure eases. Price Analysis: Bulls Attempt Recovery After Sharp Decline Ethereum is currently trading at $3,654.60, attempting to stabilize after a sharp correction from its recent highs around $3,940. The 4-hour chart shows a recovery bounce that met resistance near the 50-period SMA (currently at $3,668.28), signaling that bulls are facing strong selling pressure at this level. Despite the bounce, ETH remains below the key horizontal resistance at $3,860.80, which has capped multiple upward attempts in recent weeks. The bullish attempt to reclaim momentum earlier today was rejected near this level, leading to a quick retracement back into the $3,600-$3,650 zone. The 100-period SMA (green line) at $3,695.32 is acting as dynamic resistance, while the 200-period SMA (red line) at $3,303.42 serves as a longer-term support level should the correction deepen. Related Reading: Bitcoin Inflows To Binance Accelerate: Investor Behavior Shifts After Months Of Decline Volume spikes indicate that buyers are stepping in aggressively on dips, but overall, Ethereum remains in a short-term consolidation phase between $3,850 and $3,350. A decisive breakout above $3,860.80 is required to regain bullish momentum, while failure to hold above $3,600 could expose ETH to another retest of lower support levels around $3,300-$3,350. Featured image from Dall-E, chart from TradingView
Five years after our last global crypto policy review, America leads a pro-crypto shift while China retreats, and new “sovereign innovators” like El Salvador chart bold paths.
The new tool is part of the Coinbase Developer Platform (CDP) and lets developers integrate self-custodial wallets into their apps without any hiccups.
PEPE lost nearly 4% of its value in 24 hours amid a broader market sell-off, with its price falling from $0.00001083 to $0.00001002.
Michigan's increased Bitcoin ETF investment signals growing institutional crypto adoption, potentially influencing other state funds and policies.
The post Michigan state pension fund triples Bitcoin ETF investment in Q2 appeared first on Crypto Briefing.
ADA struggled to hold $0.740 amid broader crypto weakness, heavy trading volume and distribution pressure following the NIGHT token airdrop.
Trading volatility intensifies as NEAR tumbles 5% before establishing support.
On Aug. 4, US spot Ethereum exchange-traded funds (ETFs) saw $465.1 million in net outflows, marking the largest single-day withdrawal since their launch. SoSo Value data shows that BlackRock’s ETHA fund was the primary contributor, with $375 million in outflows, setting a new record for the fund and ending its 21-day streak of consecutive inflows. […]
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Bitcoin lacks upward momentum as eyes fall on old all-time highs near $109,000 — can upside liquidity provide the springboard bulls need?
Michael Saylor has once again stirred excitement in the crypto space with a powerful post on X, sparking fresh buzz around Bitcoin’s future. Saylor’s Bold Bitcoin Message His new post sends a clear message: Bitcoin is the future. Standing on the Golden Gate Bridge with the caption “Bridge to Tomorrow”, he suggests BTC is the …
A stalwart in showing strong economic activity, the ISM Services PMI has notably slower over the past three months.
Cosmos’ ATOM token rebounds sharply from $4.18 lows, forming a new support base amid strong institutional buying.
Price action remained volatile between $2.83 and $3.11, with short-term upside stalling at resistance levels while volumes surged past 110 million XRP — including a $33 million one-minute transaction that spooked order books.
Switzerland’s fully open LLM merges transparency, sustainability and Web3 utility designed for research, DeFi and AI compliance.
The Philippine Securities and Exchange Commission (SEC) has flagged ten prominent crypto exchanges, including OKX, Bybit, KuCoin, and Bitget, for operating in the country without the necessary approval. On Aug. 4, the SEC issued a public warning advising residents to avoid engaging with these unregistered platforms, which have not secured licenses to operate or solicit […]
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Cardano (ADA) has achieved a significant milestone with the successful completion of its first-ever on-chain governance vote. For the first time, core development funding has been directly approved by the Cardano community, marking a significant step forward in the blockchain’s transition to fully decentralized governance. Reacting to the milestone, Cardano’s founder, Charles Hoskinson, shared his thoughts on the network’s progress. Cardano Enters New Era Of Decentralized Governance The Cardano ecosystem has reached a pivotal moment in its growth and evolution, marking a historic milestone with the recent execution of its first governance vote. The landmark event signals the beginning of a new phase for the blockchain, where decisions around core development funding are now being made directly by the community rather than centralized entities. Related Reading: Cardano Price Shows Seller Exhaustion Above $0.57 — Bullish Divergence Signals Rally Hoskinson publicly acknowledged the significance of the event in an X social media post on August 3. He praised the community for their support and trust, reinforcing the belief that decentralized governance is not just a vision but now an operational reality within the Cardano ecosystem. Hoskinson’s remarks came in response to an earlier post by Input Output Global (IOG), a blockchain research and development company behind Cardano’s development. IOG had commemorated the blockchain’s recent governance achievement by stating that the Cardano community had officially made history. The governance vote had approved direct funding for core development initiatives, representing a foundational shift in how the Cardano ecosystem grows and evolves. Rather than relying on a small group of decision-makers, the blockchain now empowers its global community to determine resource allocation collectively. Input Output Global praised both Cardano and its community’s efforts, calling the recent milestone the beginning of a new era of decentralized governance. Notably, the broader crypto community is already responding with enthusiasm, with many offering congratulations and support as Cardano celebrates this landmark event. The network’s successful governance vote sets a powerful precedent in the crypto industry, showcasing the potential of a blockchain governed directly by its users. Cardano Becomes Only Top 10 With On-Chain Governance In addition to its historic governance vote, Cardano has emerged as the only top 10 cryptocurrency by market capitalization to implement on-chain governance, setting a new benchmark for how blockchain ecosystems are managed and governed. Related Reading: A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH According to a report by Cardanians (CRDN) on X, the blockchain’s governance framework is actively functioning, with 39 treasury withdrawal proposals currently open for voting. These proposals allow Delegated Representatives (DReps) and the broader community to directly participate in shaping the ecosystem by deciding which initiatives receive funding and move forward. As of now, none of the other top 10 blockchains, including Bitcoin, Ethereum, XRP, USDT, Binance Coin, Solana, USDC, Tron, and Dogecoin, have matched Cardano’s level of on-chain decision-making power. While these cryptocurrencies continue to lead in various areas, Cardano stands out as the 10th-largest cryptocurrency by market cap with a uniquely advanced governance system. Featured image from Adobe Stock, chart from Tradingview.com
Paying rent in Bitcoin is easy, secure and gaining popularity among tenants. Many cities globally now have tech infrastructure to facilitate Bitcoin payments.
Public markets provide new fundraising avenues for blockchain companies, enabling them to tap into capital from traditional markets.
SharpLink marches ahead with its Ether strategy, bagging $264 million of ETH, raising its total staked ETH holdings to 521,939 ETH.
President Trump is signaling major changes ahead for the Federal Reserve and U.S. trade policy. In a recent interview with CNBC, he ruled out Treasury Secretary Scott Bessent as a potential Fed chair. However, a decision is coming soon. Here’s what you need to know. Fed Governor Kugler to Exit Early Fed Governor Adriana Kugler …