Tag: Bitcoin ETF

  • Bitcoin Holds Near $85K as ETF Inflows Meet Falling Miner Reserves

    Bitcoin Holds Near $85K as ETF Inflows Meet Falling Miner Reserves

    Bitcoin Trades in a Tight Range

    Bitcoin changed hands at $84,779.26, up 0.88% over 24 hours and roughly in line with the wider crypto market’s 1.03% advance. The largest cryptocurrency has mostly moved between $83,000 and $85,000 since pulling back from a September high near $87,374.

    On the upside, resistance sits between $85,500 and $86,000. A clean break above that zone could put the earlier high back in play. If Bitcoin loses $83,000, traders may look toward $80,000 to $81,000 as the next support area.

    Spot Bitcoin ETF Demand Returns

    U.S. spot Bitcoin exchange-traded funds attracted about $2.4 billion during the five trading days ending September 25, according to SoSoValue. That was their strongest weekly inflow of 2026 and marked a shift back to net buying after a period of outflows.

    Bitcoin’s 30-day correlation with the S&P 500 reached 95%, underscoring how closely the two markets have traded. Interest rate expectations remain a key link between them. Bitcoin also held above its main daily moving averages, and its MACD reading stayed positive, though neither indicator can quantify how much of the rally came from ETF demand.

    Miner Reserves Decline as Hashrate Eases

    Miner reserves fell by 1,530 BTC in the week ending September 26 to about 1.193 million BTC, according to CryptoQuant. The metric tracks coins held in wallets linked to miners and mining pools. Coins leaving those wallets may be sold, moved to custody or used for other purposes, so the decline alone does not confirm how much miners sold.

    Bitcoin’s seven-day average hashrate dropped to roughly 915.8 exahashes per second on September 26, its lowest level in about three weeks. Hashrate estimates can shift because of block timing, power conditions and changes in active mining equipment. The network continued producing blocks during the decline.

    Bitcoin’s Puell Multiple rose by 0.24 during the week to 1.13. CryptoQuant defines the measure as daily mining revenue divided by its 365-day average. A reading above one means revenue from newly issued Bitcoin is above that average. The metric does not account for miners’ electricity, equipment or financing costs.

    Derivatives Activity Cools

    Bitcoin derivatives activity eased during the price pause. Open interest fell 6.5%, while 24-hour Bitcoin liquidations dropped 88% to $7.45 million. The figures suggest fewer outstanding leveraged positions and fewer forced closures.

    What Traders Are Watching Next

    Market participants are focused on whether Bitcoin can clear $86,000. The next major macro catalyst is the U.S. inflation data due September 30. The Bureau of Economic Analysis has scheduled its August personal income and outlays report for that day, which will include the personal consumption expenditures price index, a gauge closely watched for its impact on interest rate expectations.

    Some traders refer to October as Uptober because Bitcoin has often gained during the month. Past returns, however, offer no assurance that the pattern will repeat. Bitcoin’s next move will depend on the incoming data and whether the price holds its nearby support levels.

  • Bitcoin Holds Near $85,000 as ETF Demand Offsets Miner Reserve Decline

    Bitcoin Holds Near $85,000 as ETF Demand Offsets Miner Reserve Decline

    Bitcoin was trading around $84,800 on Sept. 27, 2026, holding close to the $85,000 mark after a week of heavy buying through U.S. spot Bitcoin exchange-traded funds. The largest cryptocurrency gained 0.88% over 24 hours, slightly trailing a 1.03% advance across the broader crypto market.

    The price action leaves traders focused on two near-term signals: whether BTC can clear resistance at $86,000 and how the market reacts to the Sept. 30 U.S. inflation report.

    ETF inflows provide support

    U.S. spot Bitcoin ETFs attracted about $2.4 billion during the five trading days ended Sept. 25, according to SoSoValue. That was the strongest weekly inflow of 2026 and marked a shift back to net buying after a period of outflows.

    Bitcoin’s 30-day correlation with the S&P 500 reached 95%, underscoring how closely the asset has tracked broader risk sentiment and interest-rate expectations. BTC also remained above its key daily moving averages, and its MACD stayed positive. Those technical signals, however, do not show how much of the move was driven specifically by ETF demand.

    Miner reserves and hashrate decline

    Miner reserves fell by 1,530 BTC in the week to about 1.193 million BTC, according to CryptoQuant, which tracks wallets tied to miners and mining pools. A decline in reserves does not by itself confirm sales; coins may be sold, moved into custody, or redirected for other uses.

    The network’s seven-day average hashrate dropped to roughly 915.8 exahashes per second on Sept. 26, a three-week low. Hashrate estimates can fluctuate because of block timing, power availability, and changes in active mining equipment. Mining continued during the decline.

    Bitcoin’s Puell Multiple rose by 0.24 during the week to 1.13. The metric compares daily mining revenue with its 365-day average; a reading above 1 indicates that revenue from newly issued BTC is above that average. It does not account for miners’ electricity, hardware, or financing costs.

    Key price levels to watch

    Since retreating from a September high near $87,374, Bitcoin has mostly traded between $83,000 and $85,000. Resistance is clustered between $85,500 and $86,000. A break above that zone could put the earlier high back in play. If BTC falls below $83,000, traders may watch the $80,000–$81,000 area for support.

    Derivatives activity has cooled during the pause. Open interest dropped 6.5%, and 24-hour Bitcoin liquidations fell 88% to $7.45 million, pointing to fewer leveraged positions and fewer forced closures.

    Inflation data looms

    The next U.S. inflation reading is scheduled for Sept. 30, when the Bureau of Economic Analysis releases its August personal income and outlays report. The data will include the personal consumption expenditures price index, a gauge closely watched for its impact on interest-rate expectations.

    Some traders refer to October as "Uptober" because Bitcoin has often gained during the month, but past performance does not guarantee a repeat. Near term, BTC’s response will depend on the inflation data and whether the price can hold its nearby support levels.

  • Crypto Market Update: Bitcoin ETF Inflows Hit $191M, KelpDAO Sues LayerZero, Bitget Faces $350M Exploit

    Crypto Market Update: Bitcoin ETF Inflows Hit $191M, KelpDAO Sues LayerZero, Bitget Faces $350M Exploit

    The crypto market delivered several headline-making moves on September 25, from strong institutional demand for Bitcoin ETFs to legal action against LayerZero and a major exchange exploit. Here is a closer look at the day’s most important stories.

    Bitcoin ETF Inflows Reach $191 Million

    Spot Bitcoin ETFs posted $191 million in cumulative daily net inflows, according to SoSoValue. BlackRock’s IBIT led the pack with $163 million in single-day net inflows, lifting its all-time net inflow total to $65.18 billion. Fidelity’s FBTC added $12.86 million, bringing its historical total to $11.01 billion. On the other end, WisdomTree’s BTCW saw the largest daily net outflow at $4.016 million.

    Combined, spot Bitcoin ETFs now hold about $108.91 billion in total net assets, representing a 6.43% ETF net asset ratio. Cumulative historical net inflows for the category stand at $57.41 billion.

    KelpDAO Takes LayerZero to Court

    KelpDAO has filed a lawsuit against LayerZero and co-founder Bryan Pellegrino following the April attack that drained 116,500 rsETH worth approximately $292 million from the liquid staking protocol. The incident, which occurred on April 22, has been tied by researchers to a North Korean hacking group. In its complaint, KelpDAO alleges that LayerZero failed to disclose security weaknesses and risks in its technology, and that it did not prevent attackers from compromising its security infrastructure. The lawsuit also claims that LayerZero and Pellegrino shifted blame to KelpDAO rather than accepting responsibility. These allegations remain subject to litigation.

    Bitget Loses $350 Million in Hot Wallet Exploit

    Crypto exchange Bitget has confirmed an exploit that drained at least $350 million from its hot wallets. CEO Gracy Chen said unauthorized transfers were detected across multiple blockchain networks after assets including ETH, USDT, USDC, AVAX and BNB were moved to an unidentified address. On-chain analysts saw rapid swaps on decentralized exchanges such as UniswapX and 1inch Fusion, with some trades executed at premiums of up to 5% above market prices. Chen said cold wallets are completely intact and that user losses are covered by the Bitget Protection Fund, which has a balance of more than $464 million.

    Hyperliquid Strategies Adds $45.8M in HYPE

    Hyperliquid Strategies has purchased another 494,200 HYPE worth roughly $45.8 million, according to Lookonchain. The buying activity, linked to wallet 0x6436, took place over a 16-hour period on September 25. With the latest purchase, the address has accumulated 5.51 million HYPE worth approximately $476 million over the past month, averaging 183,574 HYPE or $15.86 million per day. Hyperliquid Strategies now holds about 35.1 million HYPE, valued at roughly $3.2 billion.

    Shielded Bitcoin: A New Privacy Proposal

    Researchers from Alloc Init have published a September 24 paper proposing private Bitcoin transfers using zero-knowledge proofs without requiring a soft fork. The metaprotocol, called Shielded Bitcoin, would use Bitcoin to publish and order encrypted transaction data while Bitcoin nodes would not need to enforce the privacy rules. The design draws on concepts from Zcash, including encrypted notes, nullifiers and zero-knowledge proofs. It would conceal shielded senders, receivers, amounts and transaction links while leaving Bitcoin’s existing consensus rules unchanged.

    These developments highlight how quickly institutional flows, security incidents, legal disputes, and protocol research can shift the crypto landscape in a single day.

  • Crypto ETFs in 2026: Bitcoin Funds Expand Into XRP, Solana, Staking, and Active Strategies

    Crypto ETFs in 2026: Bitcoin Funds Expand Into XRP, Solana, Staking, and Active Strategies

    Cryptocurrency exchange-traded products have evolved considerably since the first spot Bitcoin ETFs launched in early 2024. By 2026, investors can choose from ETFs tracking Bitcoin, Ethereum, XRP, Solana, and other digital assets — plus staking-enabled funds, multi-asset indexes, and actively managed crypto portfolios. Regulatory changes have also made it easier for issuers to bring new products to market.

    Bitcoin and Ethereum Were Just the Beginning

    US spot Bitcoin ETFs set the model in January 2024, followed by spot Ethereum products later that year. Those products gave investors exposure to crypto prices through traditional brokerage accounts, without needing to manage wallets or private keys.

    By 2026, the lineup has widened sharply. Franklin Templeton offers Bitcoin, Ethereum, XRP, and Solana ETFs alongside its Crypto Index ETF. As of September 15, its XRP ETF held roughly USD 363.11 million in net assets, while its Bitcoin ETF held about USD 421.22 million.

    Bitwise’s September 2026 lineup also spans multiple assets, including Bitcoin, Ethereum, XRP, Solana, and Chainlink ETFs — another sign that exchange-traded crypto exposure now extends well beyond the two largest cryptocurrencies.

    Staking and Active Management Change the Product Mix

    The expansion isn’t just about adding more coins. Some new ETFs incorporate crypto-native features. Franklin Templeton’s Solana ETF, for example, seeks to track SOL while staking as much of the fund’s Solana as practicable, up to 100%, and lists a monthly distribution frequency. That marks a structural shift from spot-only products.

    Active management has also arrived. The SEC approved the listing of the T. Rowe Price Active Crypto ETF in June 2026. Its prospectus describes an actively managed ETP that aims for long-term capital growth through eligible crypto assets, rather than passively tracking a single cryptocurrency.

    SEC Rule Changes Accelerated ETF Expansion

    A major regulatory milestone came in September 2025, when the SEC approved generic listing standards for qualifying commodity-based ETPs holding spot commodities, including digital assets. Products meeting these standards can now be listed without exchanges submitting an individual Section 19(b) proposed rule change for each product. The SEC simultaneously approved the Grayscale Digital Large Cap Fund for exchange listing.

    Earlier, in July 2025, the SEC permitted in-kind creations and redemptions for crypto ETPs. Authorized participants can now exchange underlying crypto assets for ETP shares instead of relying solely on cash creation and redemption.

    ETF Flows Show Capital Spreading Across Assets

    Recent flows show investors are no longer choosing only between Bitcoin and Ethereum. According to SoSoValue, on September 21, 2026, US Bitcoin ETFs saw roughly USD 998 million in net outflows, Ethereum ETFs added USD 269 million, Solana ETFs added USD 26.10 million, and US ZEC ETF added USD 2.6 million. XRP products recorded no new capital that day.

    These numbers show that ETF flows can be a useful gauge of capital movement, but a single session shouldn’t be read as a long-term institutional-demand trend.

    Derivatives Infrastructure Is Growing Alongside ETFs

    Institutional crypto exposure is also expanding through regulated derivatives. CME Group reported cryptocurrency average daily volume of 175,000 contracts in August 2026, representing USD 12 billion in daily notional value.

    ETFs and derivatives increasingly complement each other in traditional finance: ETFs offer packaged investment exposure, while futures and options support hedging, price discovery, and risk management.

    Why This Matters

    Crypto ETFs have moved from simple Bitcoin wrappers to a broader investment category covering multiple assets, staking, and active strategies. That gives traditional investors more ways to access crypto and pushes digital assets deeper into established portfolio infrastructure.

    Final Thoughts

    By 2026, cryptocurrency ETFs have evolved well beyond Bitcoin and Ethereum to include XRP, Solana, diversified indexes, and actively managed strategies. Regulatory standardization has accelerated product development, but crypto ETFs still carry volatility, management fees, and tracking risks — and they lack many functions available through direct ownership of native tokens.

    FAQs

    How have cryptocurrency ETFs changed in 2026?

    Crypto ETFs have expanded beyond Bitcoin and Ethereum to include exposure to assets such as XRP and Solana. The market now also includes multi-asset, staking-enabled, and actively managed products, offering more diversified ways to access digital assets.

    What changed with US crypto ETF listing rules?

    In September 2025, the SEC approved generic listing standards for qualifying commodity-based ETPs, including digital-asset products. Eligible products can now be listed without the same individual Section 19(b) proposed rule-change process used for many earlier launches.

    Can cryptocurrency ETFs generate staking rewards?

    Some newer products incorporate staking. Franklin Templeton’s Solana ETF, for instance, states that it seeks to stake as much of its SOL holdings as practicable, showing how ETF structures are beginning to include crypto-native yield mechanisms.

    Why are cryptocurrency ETF flows important?

    ETF flows show how much capital is entering or leaving exchange-traded crypto products during a given period. They provide insight into investor allocation trends, although a single day of inflows or outflows does not establish a longer-term trend.

    What risks remain when investing through cryptocurrency ETFs?

    Crypto ETFs simplify brokerage access and custody but do not eliminate the underlying volatility of cryptocurrencies. Investors can also face management fees, tracking differences, and market risks, while ETF shares generally lack the on-chain functionality available through directly held tokens.

  • Crypto Market Update: Bitcoin ETFs See $987M Inflow, XRP Futures Surge, Liquid Network Loses 4,000 BTC

    Crypto Market Update: Bitcoin ETFs See $987M Inflow, XRP Futures Surge, Liquid Network Loses 4,000 BTC

    Bitcoin ETFs Record $987 Million in Weekly Inflows

    Spot Bitcoin exchange-traded funds (ETFs) witnessed a significant surge in investor interest, recording $987 million in net inflows over the past week, according to data from SoSoValue. Leading the charge was BlackRock’s IBIT, which attracted a substantial $692 million in weekly net inflows. ARK 21Shares’ ARKB followed with $138 million, while Grayscale’s GBTC experienced outflows of approximately $47.99 million.

    The total net asset value of spot Bitcoin ETFs now stands at $101.25 billion, with the ETF net asset ratio reaching 6.33%. Cumulative historical net inflows have hit $55.62 billion, reflecting sustained institutional adoption of Bitcoin as an asset class.

    XRP Futures Hit Six-Month High Amid Institutional Interest

    In the XRP market, futures trading volume surged to a six-month high, according to CryptoQuant. This uptick coincides with aggressive accumulation by whales, while Binance remains the dominant liquidity hub for XRP futures, maintaining a wide lead in trading volume ahead of the upcoming Senate vote on September 15.

    The futures boom aligns with growing institutional participation in the US, where spot XRP ETFs recorded net inflows of $18.96 million. This has pushed the combined assets under management (AUM) of these funds to $1.48 billion, signaling renewed confidence in XRP’s long-term prospects.

    Liquid Network Exploited: 4,000 BTC Drained

    A security breach on the Liquid Network, a Bitcoin sidechain developed by Blockstream, resulted in the loss of approximately 4,000 BTC, valued at around $320 million. Liquid is widely used by exchanges and trading platforms for fast and confidential transfers of Bitcoin.

    Preliminary investigations suggest that the attackers did not steal a private key. Instead, a flaw in the Elements node—the software powering the sidechain—is suspected. Notably, a patch addressing the vulnerability was committed by a Blockstream developer on August 3, 2026, but it was only merged into the release branch after the incident. This raises questions about the project’s update and security protocols.

    Pi Network’s Protocol 27: A Milestone Upgrade

    Pi Network is gearing up for a significant upgrade with Protocol 27, which introduces smart contract authentication, an automated market maker (AMM) DEX, and RPC server infrastructure. This upgrade is crucial for the network, which boasts 14 million migrated users.

    The mainnet activation is scheduled for September 15, marking a pivotal test for Pi Network’s ability to deliver real-world utility after seven years of mobile mining. The Pi Core Team has described Protocol 27 as the “final planned” protocol change in the current development sequence.

    Arthur Hayes Expands UNI Holdings

    Arthur Hayes, co-founder of BitMEX, has increased his Uniswap (UNI) holdings to over $2 million. According to Etherscan, a wallet labeled “Arthur Hayes 4” now holds 284,102 UNI, accumulated through purchases on Sunday and Monday. The wallet also contains approximately 8,013 ETH.

    Hayes reportedly sourced the funds from over-the-counter (OTC) deals with Galaxy Digital, Cumberland, and FalconX, avoiding open market impact. In a post on X, he wrote, “Time to run it back turbo,” and humorously called UNI his “favourite type of sushi.”

    Conclusion

    This week’s crypto market highlights include robust Bitcoin ETF inflows, XRP’s resurgence, a significant security breach on the Liquid Network, and notable whale activity. As the market evolves, these developments underscore the dynamic nature of the cryptocurrency ecosystem and the importance of staying informed.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

  • Crypto Market Update: Bitcoin ETFs Net $244M, Russia Passes Landmark Crypto Law, Pi Network Rises 10%

    Crypto Market Update: Bitcoin ETFs Net $244M, Russia Passes Landmark Crypto Law, Pi Network Rises 10%

    The cryptocurrency market experienced significant developments this week, with spot Bitcoin ETFs recording substantial inflows, Russia enacting its first comprehensive crypto law, and Pi Network posting double-digit gains. Here’s a breakdown of the top stories shaping the crypto landscape.

    Bitcoin ETFs See $244 Million in Net Inflows

    According to data from SoSoValue, spot Bitcoin ETFs attracted a total net inflow of $244.42 million on the latest trading day. BlackRock’s IBIT led the pack with $196.83 million in net inflows, followed by Ark Invest and 21Shares’ ARKB, which added $37.63 million. On the outflow side, VanEck’s HODL recorded $14.67 million in net outflows.

    The total net asset value of Bitcoin spot ETFs now stands at $79.21 billion, representing an ETF net asset ratio of 6.09%. Historical cumulative net inflows have reached $51.95 billion, underscoring sustained institutional interest in Bitcoin exposure through regulated vehicles.

    Russia Signs First Full Crypto Law

    Russian President Vladimir Putin signed the country’s first comprehensive crypto law on Tuesday, codifying rules for crypto exchanges, custodians, mining, and digital asset issuance. The nearly 300-page Law on Digital Currencies and Digital Rights will take effect on September 1.

    Key provisions include licensing requirements for crypto exchange operators, which must register with a self-regulatory organization and hold minimum capital of 15 million rubles (approximately $187,000). The law also introduces a new category of ‘non-qualified’ retail investors, allowing them to purchase up to 300,000 rubles ($3,800) of approved cryptocurrency per year through a single licensed intermediary and send up to 100,000 rubles abroad.

    Additionally, the Central Bank will oversee new digital depositories to record ownership, mirroring the tracking system used for traditional securities.

    Bhutan Appoints 3iQ to Manage Bitcoin Treasury

    Bhutan has appointed Canadian digital asset manager 3iQ Corp. to oversee a portion of its Bitcoin treasury allocated to Gelephu Mindfulness City (GMC). This marks one of the first publicly disclosed institutional asset management mandates tied to a sovereign Bitcoin reserve, signaling a shift from government-led accumulation to professionally managed digital asset portfolios.

    While the size of the Bitcoin allocation was not disclosed, 3iQ will have discretionary authority to manage part of GMC’s reserve under a long-term investment strategy. The agreement also commits 3iQ to establish a permanent presence in Bhutan and support local digital asset expertise.

    XRP Ledger Proposes On-Chain Cosigner Feature

    Developers Shawn Xie, Zhiyuan Wang, Chenna Keshava B S, and Mayukha Vadari introduced the On-Chain Cosigner proposal in the XRP Ledger standards repository. The initiative aims to modernize multi-signature transaction coordination directly within the network, eliminating reliance on external communication channels and centralized servers.

    Currently, XRPL supports multi-signature transactions but requires off-chain approval collection through manual processes. With On-Chain Cosigner, requests would be stored as native TransactionProposal objects on the blockchain, validating each signature in real time and enhancing security for institutional asset custody.

    Pi Network Price Jumps 10%

    Pi Network’s token gained more than 10% over the past week, trading near $0.0872 after hitting a daily high of $0.0902. The 24-hour trading volume surged 75% to approximately $11.5 million, indicating increased market participation.

    The price recovery is supported by the Protocol 26 upgrade and a new RoboPay integration, which boosted short-term demand. On the 4-hour chart, PI is pressing against the upper Bollinger Band at $0.08824, overlapping with the $0.088–$0.090 resistance zone that has capped several recovery attempts since late July.

    Frequently Asked Questions

    1. Why did Bitcoin ETFs record strong inflows?
    According to SoSoValue, spot Bitcoin ETFs attracted $244.42 million in net inflows, reflecting continued institutional interest. BlackRock’s IBIT accounted for the largest share of the day’s investments.

    2. What does Russia’s new crypto law change?
    The law establishes a legal framework for crypto exchanges, custodians, mining companies, and digital asset issuance. It also introduces licensing requirements and investment limits for retail investors.

    3. Why is Bhutan partnering with 3iQ?
    Bhutan appointed Canadian asset manager 3iQ to oversee part of its Bitcoin treasury linked to Gelephu Mindfulness City, marking one of the first sovereign-backed institutional Bitcoin management mandates.

    4. What is the XRP Ledger’s On-Chain Cosigner proposal?
    The proposal aims to bring multi-signature coordination directly onto the XRP Ledger. It would allow transaction approvals to be stored and verified on-chain, reducing reliance on external communication systems.

    5. Why did Pi Network’s price increase this week?
    Pi Network gained over 10% as trading volume jumped 75%, supported by the Protocol 26 upgrade, RoboPay integration, and increased buying interest near key technical resistance levels.

  • Bitcoin ETF Outflows, Coldcard Exploit Wave, and Bitget’s Japan Exit: Crypto Market Update

    Bitcoin ETF Outflows, Coldcard Exploit Wave, and Bitget’s Japan Exit: Crypto Market Update

    Bitcoin ETF Outflows Continue as Market Shows Mixed Signals

    Last week, US spot Bitcoin ETFs experienced net outflows of $61.53 million, according to data from SoSoValue. Fidelity’s FBTC led the withdrawals with $85.18 million in net outflows, bringing its total historical net inflows to $9.92 billion. Grayscale’s GBTC followed with $52.63 million in outflows. In contrast, BlackRock’s IBIT saw the largest net inflow of $86.90 million, highlighting investor preference for larger, more established funds.

    The total net asset value of spot Bitcoin ETFs now stands at $76.29 billion, with an ETF net asset ratio of 6.04%. Cumulative historical net inflows have reached $51.32 billion.

    Bitget Withdraws from Japan Amid Regulatory Pressure

    Bitget, a Seychelles-registered cryptocurrency exchange, has announced its withdrawal from the Japanese market. The decision comes as Japan’s Financial Services Agency (FSA) requires crypto service providers to register with the agency to operate legally. Bitget has frozen new registrations for Japan-based users immediately. Existing users who are potential Japanese residents must complete Level 2 KYC verification, including proof of address, by November 1, 2026, to continue using the platform.

    Coldcard Exploit: Fourth Wave Suspected

    Galaxy Research’s head, Alex Thorn, has warned of a likely fourth coordinated attack wave targeting Coldcard users. The exploit, which involves a random number generator (RNG) vulnerability, has already been linked to 1,367.05 BTC stolen from 4,585 addresses across three confirmed waves. Thorn identified 218 transactions between blocks 960,778 and 960,792 that moved over 380 BTC from 462 suspected victim addresses. The transaction rate of 13.8 per block is about 45 times higher than the normal rate of 0.3, indicating a systematic sweep.

    The Smarter Web Company Expands Bitcoin Treasury

    The Smarter Web Company has added 11.89 BTC to its corporate treasury, bringing its total holdings to 2,712 BTC. This purchase moves the company to 28th place in the Bitcoin 100 ranking of public companies by bitcoin holdings. Earlier in July, the company repaid its $11.7 million Smarter Convert instrument nearly two weeks early by selling 177.89 BTC at an average price of $65,762 per coin.

    CLARITY Act Faces Senate Deadline

    The Digital Asset Market Clarity Act, also known as the CLARITY Act, was not on the Senate’s published schedule for Monday, Aug. 3, leaving little time for floor action before the summer break. The Senate is scheduled to begin its state work period on Aug. 10, which lasts until Sept. 11. The absence of the bill from the schedule does not formally block it, but it leaves lawmakers without a confirmed vehicle to advance the legislation before the break.

    Frequently Asked Questions

    How much did Bitcoin ETFs lose last week?

    US spot Bitcoin ETFs recorded $61.53 million in weekly net outflows last week, with Fidelity’s FBTC and Grayscale’s GBTC leading the withdrawals, while BlackRock’s IBIT saw the largest inflows.

    Why is Bitget leaving Japan?

    Bitget is exiting Japan because the country requires crypto service providers to register with the Financial Services Agency. The exchange paused new registrations and requested existing users to complete additional KYC checks.

    What happened in the Coldcard exploit?

    A suspected RNG vulnerability has been linked to multiple coordinated attack waves affecting Coldcard users. The latest suspected wave moved over 380 BTC from hundreds of potentially compromised addresses.

    How much Bitcoin does Smarter Web Company hold?

    The company added 11.89 BTC, raising its total treasury to 2,712 BTC, placing it 28th among publicly listed companies by bitcoin holdings.

    Why is the CLARITY Act deadline important?

    The bill was not included in the Senate’s schedule, limiting time for action before the summer recess. Further delays could postpone consideration until after September.

  • Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin Holds Near $63,900 as Fed Pause and CLARITY Act Delay Weigh on Market Sentiment

    Bitcoin traded near $63,903 on Thursday, holding steady after the Federal Reserve kept interest rates unchanged at 3.50%-3.75%. Three policymakers pushed for a quarter-point hike, keeping the tone from turning fully dovish. Ethereum, XRP, and Solana remained range-bound, while ETF outflows and a stalled CLARITY Act kept investors cautious.

    Bitcoin Price Today

    Bitcoin trades at $63,902.66, up 0.01% over the past 24 hours, with a market cap near $1.28 trillion and 24-hour trading volume of $28.33 billion. Price action remains tied to Fed guidance and shifting Bitcoin ETF flow trends.

    Analyst Insights

    Bitcoin Needs $65,000 to Confirm Recovery

    Akshat Siddhant, Lead Quant Analyst at Mudrex, noted that Bitcoin rebounded sharply to $64,700 after the Fed’s decision. US spot Bitcoin ETFs logged a fourth straight day of outflows totaling $526 million this week. Bitcoin now needs to reclaim $65,000 to confirm the recovery, with $63,000 as key support ahead of Friday’s close.

    Fed Dissent Keeps September Hike Odds Alive

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,150 after the Fed’s steady hold. Markets now price roughly a 57% chance of a September hike. Institutional demand weakened, with spot Bitcoin ETFs recording combined outflows of nearly $526.5 million over four sessions. He advised staggering buying and waiting for Bitcoin to clear $66,700 with stronger spot demand.

    Futures Open Interest Hits Two-Month High

    The CoinSwitch Markets Desk reported that Bitcoin briefly moved above $64,000 after the Fed decision but dropped back as the Fed Chair held a firm line on inflation. Futures open interest climbed to a two-month high, and positive funding rates suggest many traders expect higher prices. Bitcoin needs to recover above $64,000 to improve momentum; a fall below $63,300 could trigger fresh selling pressure.

    CLARITY Act Momentum Offers Long-Term Support

    Nischal Shetty, founder of WazirX, said Bitcoin continues trading in a tight range. Developments around the CLARITY Act reinforce long-term adoption optimism. Geopolitical tensions and volatile oil prices keep risk assets on edge, while a softer dollar offers some support. Bitcoin gained 0.50% to $64,186, and Ethereum edged up 0.16% to $1,911.

    Oil Spike and Chip Selloff Add Pressure

    Piyush Walke, Derivatives Research Analyst at Delta Exchange, noted that the Fed’s steady hold met expectations, but equities sold off on hawkish dissent and a geopolitical shock. Bitcoin dipped near 1% to around $63,890. A selloff in Asian chip stocks and a sharp jump in oil prices added pressure. The $62,700-$63,000 zone marks Bitcoin’s first major demand area; a break lower could open a path toward $62,000.

    Crypto Prices Today: Top 10 Coins at a Glance

    Biggest Gainers: DOGE, XRP, BNB

    • Dogecoin led with a gain above 1.2%, extending its bounce from last week’s lows.
    • XRP and BNB also posted solid gains as the Fed’s steady hold eased near-term rate fears.

    Biggest Losers: HYPE, ENA, AAVE

    • Hyperliquid slipped over 1.5%, leading losses among the top 10 names.
    • Ethena and Aave dropped sharply, reflecting weaker demand across mid-cap DeFi tokens.

    Crypto News Today: Top Headlines Impacting Prices

    Fed Holds Rates Steady With Hawkish Dissent

    The Federal Reserve held its benchmark rate at 3.50%-3.75% on Wednesday, matching expectations. Three policymakers pushed for a quarter-point hike. Traders now price roughly 57% odds of a September increase, keeping risk assets cautious.

    SEC Chair Backs CLARITY Act Amid Senate Delay

    SEC Chairman Paul Atkins publicly backed the CLARITY Act, offering technical help. The bill remains stalled after Senate leadership prioritized other floor business. A vote before the August 7 recess now looks unlikely. Analysts say passage would be the year’s biggest regulatory catalyst.

    Bitcoin ETF Outflow Streak Extends to Four Sessions

    US spot Bitcoin ETFs recorded a fourth straight day of net outflows, totaling nearly $526 million. BlackRock’s IBIT product led redemptions. The streak follows a strong mid-July run that had briefly restored confidence.

    Ethereum ETFs Extend Inflow Streak to Third Week

    Ethereum spot ETFs bucked the trend, extending their inflow streak to a third straight week. Morgan Stanley also launched new Ethereum and Solana spot ETPs alongside staking-based funds, adding fresh institutional access points.

    Oil Price Spike Adds Fresh Macro Pressure

    Asian chip stocks sold off sharply, dragging risk sentiment lower. Oil prices jumped, with WTI and Brent crude climbing. Higher oil prices could feed into upcoming inflation readings, complicating the Fed’s rate path.

    Zcash Completes Ironwood Network Upgrade

    Zcash activated its Ironwood upgrade, phasing out a shielded pool flagged for security concerns. The upgrade strengthens privacy infrastructure, and Zcash has posted strong weekly gains, outperforming most large-cap tokens.

    Investor and Market Outlook

    Bitcoin holds near $63,903 as traders weigh the Fed’s steady hold against fragile ETF flows. A close above $66,700 could open a path toward $68,000 resistance. A slip below $62,700 risks exposing deeper support near $61,000. Ethereum trades near $1,900, holding steady after a volatile week. The CLARITY Act’s Senate timeline stands as this month’s defining catalyst for broader market direction.

    FAQs

    What is the Bitcoin price today?
    Bitcoin trades near $63,902.66, up 0.01% over the past 24 hours. Support sits near $62,700, while resistance builds between $65,000 and $66,700.

    Why is the Fed decision affecting crypto prices?
    The Fed held rates steady, but three policymakers pushed for a hike, keeping September rate-hike odds near 57% and pressuring Bitcoin and altcoins.

    What is the biggest crypto news today?
    The CLARITY Act’s stalled Senate progress and a fourth day of Bitcoin ETF outflows are shaping sentiment. Ethereum ETF inflows and Morgan Stanley’s new Solana ETP add a contrasting institutional signal.

    Which coins are performing best today?
    Dogecoin leads with a rise above 1.2%, followed by XRP and BNB. Hyperliquid, Ethena, and Aave post the sharpest losses.

    What should investors watch this week?
    Track Friday’s month-end close, the CLARITY Act’s Senate timeline, and Bitcoin ETF flow trends. GDP and PCE inflation data due soon could shift rate expectations.

  • Bitcoin ETF Inflows, WEMIX Security Breach, and CLARITY Act Push: Key Crypto Developments

    Bitcoin ETF Inflows, WEMIX Security Breach, and CLARITY Act Push: Key Crypto Developments

    Bitcoin ETF Inflows and MVRV Z-Score Signal Undervaluation

    Spot Bitcoin ETFs recorded $33.79 million in weekly net inflows, led by Grayscale Bitcoin Mini Trust with $85.78 million, according to SoSoValue. Meanwhile, Bitcoin’s MVRV Z-Score fell to 0.42, roughly four times below its historical mean of 1.7, indicating an undervalued range. CryptoQuant analyst Axel Adler Jr. noted that the metric has not entered negative territory, suggesting the market has not yet seen the capitulation selling often associated with cycle bottoms. Bitcoin’s 7-day realized profit and loss has turned positive at $239 million, easing on-chain selling pressure.

    WEMIX Freezes Bridge After $6.25 Million Security Breach

    WEMIX confirmed that an attacker gained control of owner privileges linked to its WEMIX$ stablecoin contract on July 26, enabling unauthorized token minting and asset transfers. An early report valued the abnormal issuance at approximately $6.25 million, later refined to about 5.23 million WEMIX$ minted. The company identified suspected attacker wallets and is coordinating with exchanges and stablecoin issuers to freeze the assets.

    Stripe’s Stablecoin Card Program Lead Steps Down

    Connor Fitzgerald, who led Stripe’s stablecoin partnerships and helped build its global stablecoin card program across more than 100 markets, announced his departure. Fitzgerald joined after Stripe acquired the stablecoin platform Bridge and worked on sponsor bank partnerships and regulatory compliance.

    Senator Lummis Pushes CLARITY Act to Combat Crypto Thefts

    On July 27, Senator Cynthia Lummis renewed efforts to pass the CLARITY Act, which grants the Treasury Department power to impose digital-asset-specific sanctions on foreign jurisdictions and allows exchanges to freeze suspicious transactions for up to 180 days. On-chain data shows North Korea’s Lazarus Group stole approximately $643 million in the first half of 2026, accounting for two-thirds of global crypto thefts. Galaxy Research lowered the probability of the CLARITY Act passing in 2026 to 30%.

  • Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    The cryptocurrency market saw a flurry of major developments on July 24, 2026, including significant outflows from spot Bitcoin ETFs, a sharp rise in Dogecoin trading volume, Samsung’s plan to integrate stablecoins into its mobile wallet, Bitfinex securing a license in El Salvador, and the former mining giant Poolin filing for Chapter 11 bankruptcy.

    Bitcoin ETFs See $225 Million in Outflows

    According to SoSoValue, spot Bitcoin ETFs recorded $225 million in net outflows on July 23. BlackRock’s iShares Bitcoin Trust (IBIT) led the outflows with $202 million exiting the fund. In contrast, the Morgan Stanley ETF MSBT saw the highest single-day inflow at $5.01 million, bringing its historical total net inflow to $400 million. Despite the daily redemptions, the cumulative historical net inflow across all spot Bitcoin ETFs remains robust at $51.626 billion, with total net assets of $78.817 billion and an ETF net asset ratio of 6.03%.

    Dogecoin Trading Volume Surges 123%

    Dogecoin (DOGE) experienced a remarkable spike in trading activity, with 24-hour spot volume jumping more than 123% to approximately $219 million. Futures volume also surged, reaching nearly $1.5 billion. Open interest exceeded $1.1 billion, indicating that leveraged traders remain heavily exposed despite the token’s struggle to break through key resistance. DOGE was trading at around $0.069, having faced yet another rejection below the 26-day exponential moving average at approximately $0.074.

    Samsung Wallet to Add Stablecoin Support

    During the Galaxy Unpacked event, Samsung Electronics announced plans to add stablecoin support to Samsung Wallet. Samsung product manager Lee Dinham stated that the wallet will expand beyond cash and savings to include stablecoins, enabling users to transfer digital value directly from their smartphones. The move positions Samsung as one of the first major smartphone brands to offer native stablecoin functionality, bridging traditional payments with blockchain-based digital assets.

    Bitfinex Secures El Salvador License

    Bitfinex has obtained a Digital Asset Service Provider (DASP) license in El Salvador, covering spot trading, crypto derivatives, and tokenized securities. The approval, announced on May 12, follows the registration of two Bitfinex-linked operating entities by the National Commission of Digital Assets on April 23. The license brings the core Bitfinex trading platform, Bitfinex Securities El Salvador, and Bitfinex Derivatives El Salvador under a single regulated framework in one of the world’s most crypto-friendly jurisdictions.

    Poolin Files for Chapter 11 Bankruptcy

    Poolin Technology Pte. Ltd., the Singapore-based parent of what was once a leading Bitcoin mining pool, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey after its Texas Bitcoin mining and hosting operations ceased on July 10. The filing includes U.S. affiliates Lonestar Dream Inc. and Lonestar Taproot LLC. Poolin lists estimated creditors between 10,001 and 25,000, assets of $1 million to $10 million, and liabilities of $100 million to $500 million. Chief Restructuring Officer Michael DuFrayne disclosed prepetition obligations of approximately $173.1 million, with $163.7 million in unsecured IOUs issued to Poolin Wallet customers after withdrawals were suspended during the 2022 crypto downturn.

    Frequently Asked Questions

    Why did Bitcoin ETFs record large outflows?

    Spot Bitcoin ETFs experienced net redemptions as investors booked profits and adjusted exposure amid volatile market conditions. Despite the outflows, cumulative historical inflows above $51.6 billion signal continued long-term institutional interest.

    Why is Dogecoin’s trading volume increasing?

    Dogecoin saw a surge in spot and futures trading activity as traders positioned for potential price movements. However, the token remains below key technical resistance levels, suggesting limited bullish momentum.

    What does Samsung Wallet’s stablecoin support mean?

    Samsung plans to integrate stablecoins into its wallet, enabling direct blockchain-based value transfers from smartphones. This marks growing mainstream adoption of digital assets through consumer technology.

    Why is Bitfinex’s El Salvador license important?

    The license allows Bitfinex to operate a regulated ecosystem for spot trading, derivatives, and tokenized securities in a crypto-friendly jurisdiction, enhancing its global regulatory standing.

    Why did Poolin file for Chapter 11?

    Poolin filed for bankruptcy after prolonged financial difficulties stemming from the 2022 crypto market downturn. The company reported liabilities up to $500 million, mostly tied to customer IOUs from suspended wallet withdrawals.