Tag: CLARITY Act

  • XRP Faces Key Regulatory Test as CLARITY Act Vote Nears and ETF Use Grows in US Markets

    XRP Faces Key Regulatory Test as CLARITY Act Vote Nears and ETF Use Grows in US Markets

    XRP traders are closely watching the September 15 procedural vote on the CLARITY Act, a legislative milestone that could define the regulatory landscape for digital assets. Meanwhile, fresh inflows into XRP exchange-traded funds (ETFs) and a Charles Schwab filing revealing XRP ETF shares used as collateral underscore the token’s expanding institutional footprint in the United States.

    CLARITY Act Vote: A Pivotal Moment for XRP

    The CLARITY Act aims to establish a comprehensive framework dividing oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). For XRP, a key question was resolved in March when the SEC classified it as a digital commodity—alongside Bitcoin, Ether, Solana, and Cardano—based on its network-driven value rather than managerial profit expectations.

    The September 15 Senate cloture vote on the motion to proceed to H.R. 3633 requires 60 votes to advance. While not final passage, a failure would significantly reduce the bill’s chances this year. Political hurdles remain, including an unresolved ethics dispute over government officials profiting from the crypto industry, as reported by Semafor. However, the National Sheriffs’ Association recently shifted from opposition to neutral, removing one obstacle.

    XRP ETFs Gain Traction with Schwab Collateral and New Inflows

    On September 8, a Charles Schwab Family of Funds filing with the SEC disclosed eight XRP ETF collateral line items valued at approximately $11.39 million. These entries—from Bitwise, Canary Capital, Franklin Templeton, and Grayscale—secured repurchase agreements involving Schwab’s Prime Advantage Money Fund and two Wall Street counterparties. The filing does not indicate Schwab directly buying or holding XRP, but rather using ETF shares as collateral.

    Separately, SoSoValue data shows five XRP products recorded nearly $2 million in net inflows during Tuesday’s session. An earlier estimate of $4.8 million had counted only three collateral entries, excluding five additional line items in the same Schwab filing.

    What to Watch Next

    XRP enters a critical week with the CLARITY Act vote and expanding ETF activity. The Senate’s decision could shape the token’s regulatory future, while institutional use cases continue to grow. Traders are also eyeing the Federal Reserve meeting and Friday’s CPI report for broader market cues.

  • Bitcoin Holds Near $78,650 as CLARITY Act Vote and Iran Tensions Keep Markets on Edge

    Bitcoin Holds Near $78,650 as CLARITY Act Vote and Iran Tensions Keep Markets on Edge

    Bitcoin traded near USD 78,648.66 in a tight band on Tuesday, with total market capitalization above USD 1.57 trillion. Oil prices climbed past USD 92 a barrel this week as rising US-Iran tensions kept traders defensive across risk assets. Zcash outperformed the broader market, jumping 5.7% as its ETF-driven rally continued into September.

    Bitcoin Price Today

    Bitcoin traded at USD 78,648.66, up 1.1% in the past 24 hours, according to CoinGecko data. Market capitalization stood at USD 1.57 trillion, with 24-hour trading volume reaching USD 23.35 billion. The coin was flat over the past seven days.

    Key Analyst Views

    CoinSwitch: BTC is trading near USD 78,000–80,000 after shifting rate expectations. Holding above USD 79,500 could open a path toward USD 82,000, with USD 85,000 possible if conditions ease.

    Mudrex: According to Prateek Gupta, Head of Business at Mudrex, Bitcoin is holding near USD 78,600 despite oil above USD 92. Spot demand metrics have turned soft. BTC needs to reclaim USD 80,000 to regain momentum, with USD 77,500 as support.

    Crypto Prices Today: Top Coins at a Glance

    Source: CoinGecko, prices as of today’s session.

    Biggest Gainers and Losers

    Zcash led the top ten with a 5.7% gain. Hyperliquid followed with 2.3%, and Solana rose 1.8%. Stablecoins Tether and USDC stayed flat. No coin in the top ten posted a decline.

    Crypto News Today: Top Headlines Impacting Prices

    CLARITY Act Faces Make-or-Break Senate Vote

    The Senate will hold a cloture vote on the CLARITY Act on September 15. This procedural step needs 60 votes to pass. A failed vote could stall comprehensive US crypto rules for years.

    Middle East Tensions Push Oil Above USD 92

    Escalating US-Iran tensions lifted Brent crude past USD 92 a barrel. Higher energy costs risk keeping inflation elevated as the Fed weighs its next policy decision.

    Liquid Network Faces Scrutiny

    A node-level flaw in Liquid Network’s transaction software led to an unusual transfer of Bitcoin reserves. The incident remains under active industry review.

    Harmony Proposes Migrating ONE to Ethereum

    Harmony has proposed shutting down its independent Layer 1 blockchain to migrate its ONE token onto Ethereum for added liquidity and scale.

    Bitcoin and Ethereum ETFs Extend Inflow Streak

    US spot Bitcoin ETFs pulled in close to USD 987 million in net inflows last week, while spot Ethereum ETFs added roughly USD 218 million. Both products have posted inflows for three consecutive weeks.

    Derivatives Leverage Rebuilds as Traders Reposition

    Perpetual open interest across crypto derivatives has climbed sharply this week. Liquidations over the past day remained elevated, with long positions bearing the brunt.

    Investor and Market Outlook

    Today’s session shows a balance between resilient ETF demand and rising macro pressure. Bitcoin faces resistance between USD 80,000 and USD 82,000 heading into next week. A decisive close above USD 80,000, backed by steady ETF inflows, would strengthen the recovery case. Investors should track US inflation data and the CLARITY Act vote closely. Desks recommend disciplined position sizing rather than chasing strength after sharp moves.

    FAQs

    1. What is the Bitcoin price today? Bitcoin trades near USD 78,648.66, up 1.1% over 24 hours. Resistance sits near USD 80,000–82,000, while support holds close to USD 77,500.

    2. Why did Bitcoin move higher today? Steady ETF inflows and resilient institutional demand offset pressure from a cautious macro backdrop.

    3. What is the biggest crypto news today? The CLARITY Act Senate cloture vote, rising oil prices from US-Iran tensions, a Liquid Network exploit, and continued ETF inflows.

    4. Which coins are performing best today? Zcash (+5.7%), Hyperliquid (+2.3%), and Solana (+1.8%). No top-ten coin declined.

    5. What should investors watch this week? US inflation data, the September 15 CLARITY Act vote, and Bitcoin/Ethereum ETF flow data.

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

  • Cardano Price Tests $0.245 Resistance After 15% Weekly Rally as Funding Turns Positive

    Cardano Price Tests $0.245 Resistance After 15% Weekly Rally as Funding Turns Positive

    Cardano (ADA) traded near $0.222 on Monday after posting a 15% gain last week, with technical momentum improving and funding rates turning positive. Buyers now face resistance between $0.231 and $0.245, a zone that could determine the next leg of the recovery.

    ADA Momentum Improves as Funding Turns Positive

    ADA traded above its 50-day and 100-day exponential moving averages, supporting a stronger short-term technical structure. A move through the $0.231-$0.245 resistance zone would extend the current recovery.

    CoinGlass data shows Cardano’s long-to-short ratio at 0.94, indicating that short positions slightly outnumber longs. However, the narrow gap points to cautious positioning rather than heavy bearish conviction.

    Funding data sends a different signal. Cardano’s open interest-weighted funding rate turned positive on Saturday and reached 0.0097% on Monday, showing stronger demand for bullish leveraged exposure.

    Wyckoff Setup Keeps December Upside in Focus

    CryptoQuant’s summary data shows large whale orders in Cardano futures, while most other tracked measures remain neutral. This mix points to increased large-trader activity without a broad bullish shift.

    Trader LuckSide Crypto said Bitcoin and ADA follow a Wyckoff accumulation pattern and currently sit in Phase D. He linked Bitcoin’s setup to a possible range breakout around September 25.

    LuckSide also cited two Bitcoin metrics: long-term holders control 75% of supply, while only 17% moved during the last three months. Bitcoin dominance has also fallen below 60%.

    According to LuckSide, the same framework could support an ADA gain of roughly 50% by December if the pattern holds. He also noted that the September 25 timing does not guarantee a breakout.

    CLARITY Vote and Cardano Activity Add Market Risks

    The Senate plans a September 15 cloture vote on the CLARITY Act, according to LuckSide Crypto. The vote would open debate rather than approve the legislation.

    The measure needs 60 votes to advance. Republicans hold 53 Senate seats, while only two Democrats have publicly backed the bill so far. Anonymous traders reportedly wagered more than $1 million on failure.

    LuckSide said a failed vote would not end US crypto policy efforts because the SEC and CFTC continue separate work. Still, a delay would remove one September catalyst for the broader market.

    Cardano network data also shows a mixed picture. Chainspect recorded about 26,500 transactions on September 4 before activity fell to 19,054 on September 6.

    Over the same period, on-chain revenue rose 1.99% to $1,261. Average transaction fees fell 2.42% to $0.06619, contrasting with a separate report that claimed ADA’s DEX volume had tripled.

    Traders will also track Cardano network activity, Bitcoin’s market structure, and the September 15 CLARITY Act cloture vote.

  • Bitcoin Recovery Outlook: ETF Inflows, CLARITY Act, and Technical Signals Point to Late 2026 Rebound

    Bitcoin Recovery Outlook: ETF Inflows, CLARITY Act, and Technical Signals Point to Late 2026 Rebound

    Bitcoin (BTC) is trading at $64,277.35 as of August 7, 2026, roughly 49% below its October 2025 all-time high of approximately $126,200. After a turbulent first half of the year that included a sharp June decline and a partial July rebound, the market has stabilized in a tight range. The CLARITY Act vote and ETF recovery could be the catalyst for BTC recovery.

    CLARITY Act Vote

    Senate Majority Leader John Thune, speaking through a spokesperson, confirmed the floor vote has been delayed but said the measure is expected to be considered once the Senate returns after the August recess. Thune said Democrats remained opposed to holding a vote before the recess. “The Dems are insistent on no CLARITY vote… I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up first thing when we come back.”

    The legislation already passed the House in 2025 by a 294-134 vote and cleared the Senate Banking Committee 15-9 in May 2026. It seeks to establish clear jurisdictional lines between the SEC and CFTC and provide a market-structure framework for digital assets.

    ETF Inflows Recover

    According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $128.69 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock’s ETF IBIT, with a daily net inflow of $128.33 million. The Bitcoin Spot ETF with the highest net outflow yesterday was VanEck’s ETF HODL, with a daily net outflow of $32.77 million. The total net asset value of Bitcoin Spot ETFs is $78.77 billion, with an ETF net asset ratio of 6.09%. The historical cumulative net inflow has reached $52.08 billion. This marks the fourth consecutive session of inflows totaling $754.69 million.

    Technical Structure

    Bitcoin has also previously bottomed out or made notable rallies in the September-October window after summer weakness. October could be a probable turning point as prices hover above $60,000-$62,000, and on-chain sentiment is near realized-price bottoms, with valuations on the rise and ETF interest returning.

    Bitcoin trades above $64,250 on Friday with a mild bearish near-term bias as BTC holds below the 50-day Exponential Moving Average (EMA) at $64,584, followed by $66,928, the 100-day EMA and the 200-day EMA at $72,410. The Relative Strength Index (RSI) stood at 51.88, which is relatively close to the neutral zone, while the Moving Average Convergence Divergence (MACD) indicator is near the zero level with a slightly negative value, suggesting lower bullish momentum.

    Immediate resistance is found at the 50-day EMA at $64,584, followed by the 100-day EMA at $66,928. On the downside, immediate support is seen near $64,004. A daily close below this level could increase the possibility of a deeper corrective phase.

    Frequently Asked Questions

    1. Why is Bitcoin trading below its all-time high?

    Bitcoin is trading around 49% below its October 2025 peak, driven by macroeconomic uncertainty, reduced risk appetite, profit-taking, and tighter monetary conditions. Despite the correction, institutional demand has remained relatively resilient through spot ETFs.

    2. How could the CLARITY Act affect Bitcoin’s price?

    If passed, the CLARITY Act could establish clearer regulatory rules for digital assets in the US by defining the roles of the SEC and CFTC. Greater regulatory certainty may encourage institutional participation and improve investor confidence.

    3. Are Bitcoin ETF inflows a bullish signal?

    Yes. Spot Bitcoin ETFs have recorded four consecutive sessions of net inflows totaling nearly $755 million, indicating continued institutional interest. Sustained inflows often support market liquidity and can strengthen long-term price trends.

    4. What technical levels should Bitcoin traders watch?

    Bitcoin faces immediate resistance near the 50-day EMA around $64,584, followed by the 100-day EMA near $66,928. On the downside, $64,004 remains the key support level, with a break below potentially leading to further weakness.

    5. When could Bitcoin begin its next recovery?

    Historically, Bitcoin has often staged meaningful recoveries during the September-October period following weaker summer performance. Continued ETF inflows, improving on-chain metrics, and regulatory developments could act as catalysts if broader market conditions remain supportive.

    Disclaimer: This article is provided for informational purposes and does not constitute investment advice. Cryptocurrencies are volatile and risky. Always conduct your own research before investing.

  • XRP Price Prediction for August 2026: Can It Break the $1.03 Resistance Barrier?

    XRP Price Prediction for August 2026: Can It Break the $1.03 Resistance Barrier?

    As of August 7, 2026, XRP is trading around $1.03, having declined 1.53% in the past 24 hours and 3.85% over the last week. The cryptocurrency is consolidating after a subdued July that saw prices mostly range between $1.05 and $1.12. The token remains well below its 50-day and 200-day moving averages near $1.11 and $1.36, reflecting ongoing market caution.

    Technical Structure and Seasonal Headwinds

    August has historically been the flattest month for XRP, with an average return of just 0.43%. The token has closed lower in August for four consecutive years, marking the longest active losing streak for any month. Last August, XRP dropped 8%. While July has been positive every year since 2020—rising about 10% on average—this July saw only a 2% gain, closing at $1.06 from a starting price of $1.04. XRP can still move, but a steady catalyst is needed.

    XRP currently trades with a bearish near-term bias, staying well under the 50-day, 100-day, and 200-day exponential moving averages (EMAs) at about $1.11, $1.19, and $1.38, respectively. The Relative Strength Index (RSI) at 37.38 hovers just above oversold territory, while the Moving Average Convergence Divergence (MACD) remains below zero with a negative line, indicating fading momentum with no clear reversal signal.

    Key resistance levels are: the 50-day EMA near $1.11, the 100-day EMA around $1.19, and the flat barrier near $1.30. On the downside, near-term support sits at the psychological and structural base of $1.00. A decisive break below that level would likely open the door to further bearish moves.

    ETF Inflows, Regulatory Delays, and Market Sentiment

    According to SoSoValue, XRP spot ETFs recorded net inflows of $3.45 million. The Bitwise XRP ETF led with $2.89 million in net inflows, bringing its historical total to $510 million. The Franklin XRP ETF (XRPZ) followed with $561,600 in inflows.

    The CLARITY Act remains the primary catalyst. Senate Majority Leader John Thune confirmed that the floor vote has been delayed but is expected once the Senate returns after the August recess. “The Dems are insistent on no CLARITY vote… I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up first thing when we come back,” Thune said.

    Traders are closely monitoring the $1.03 support zone, with short-term long setups targeting $1.18 and longer-term perspectives emphasizing the need to reclaim $1.60 for any structural shift. Sentiment remains mixed, balancing accumulation near support against the absence of immediate catalysts.

    Overall, August 2026 is likely to deliver range-bound trading rather than a decisive move. Holders and traders should keep an eye on the $1.05 support level and volume on any attempt above $1.22.

    Frequently Asked Questions

    • Why is XRP struggling to move higher in August 2026? XRP continues to trade below its major moving averages, reflecting weak momentum and cautious investor sentiment. The absence of a major near-term catalyst has kept the token within a narrow range.
    • What are the key support and resistance levels for XRP? Immediate support lies around $1.00–$1.03, while resistance is seen near $1.11, $1.19, and $1.30. A sustained move above these levels could improve the technical outlook.
    • How could the CLARITY Act impact XRP? If passed, the CLARITY Act could provide greater regulatory clarity for digital assets in the US, potentially boosting institutional confidence and supporting broader adoption of XRP-related investment products.
    • Are XRP ETFs attracting institutional interest? Yes. According to SoSoValue, XRP spot ETFs continue to record positive inflows, led by the Bitwise XRP ETF. Continued capital inflows could strengthen long-term sentiment if the trend persists.
    • What is the outlook for XRP in August 2026? Current indicators suggest XRP may remain range-bound unless a strong catalyst emerges. A breakout above $1.22–$1.30 with higher volume would improve the probability of a broader recovery, while a break below $1.00 could trigger additional downside pressure.
  • Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Spot Bitcoin ETFs recorded $128.69 million in fresh inflows on August 6, 2026, with BlackRock’s IBIT leading institutional demand. Meanwhile, the U.S. Senate postponed consideration of the CLARITY Act until September, extending regulatory uncertainty. In a separate development, Cardano wallet provider SecondFi announced its shutdown after a $2.4 million exploit affected hundreds of user wallets. Bitcoin mining giants MARA and CleanSpark also reported double-digit revenue declines.

    Bitcoin ETF Inflows Hit $128.69 Million

    According to SoSoValue, Bitcoin spot ETFs saw a total net inflow of $128.69 million yesterday. BlackRock’s IBIT led with a daily net inflow of $128.33 million, bringing its historical total to $61.09 billion. Morgan Stanley’s MSBT followed with $14.94 million in daily inflows, accumulating $429.07 million historically. On the outflow side, VanEck’s HODL saw $32.77 million leave the fund, with a historical net inflow of $1.10 billion. The total net asset value of Bitcoin spot ETFs now stands at $78.77 billion, representing an ETF net asset ratio of 6.09%, and the cumulative historical net inflow has reached $52.08 billion.

    CLARITY Act Delayed Until September

    The U.S. Senate will wait until September to consider the CLARITY Act after lawmakers failed to reach an agreement before the August recess. Senate Majority Leader John Thune stated that Democrats opposed a pre-recess vote and wanted further negotiations on the crypto market structure bill. The delay gives senators more time to address ethics rules, banking concerns, and other disputed provisions. The bill still requires enough bipartisan support to clear the Senate’s 60-vote threshold. The Senate entered its August break without taking up the Digital Asset Market Clarity Act (H.R. 3633). Republican leaders had sought a time agreement covering items before lawmakers left Washington.

    SecondFi Shuts Down After Cardano Hack

    Cardano wallet provider SecondFi is shutting down after a software vulnerability enabled hackers to steal approximately 16.1 million ADA (valued at about $2.4 million) from hundreds of user wallets. The breach affected 374 wallets after attackers exploited a flaw in SecondFi’s transaction-signing software that exposed sensitive cryptographic information. The company said the vulnerability has since been patched but confirmed it will permanently discontinue normal operations despite securing additional customer assets before they could be compromised.

    MARA and CleanSpark See Double-Digit Revenue Drops

    Bitcoin mining giants MARA Holdings and CleanSpark reported revenue declines amid higher operational challenges and an ongoing diversification toward high-performance computing. In Q2 2026, MARA generated $174.9 million compared to $238.5 million the previous year. The company attributed much of this result to a $343 million fair-value loss on its digital assets, bringing the final net loss for the period to $611.3 million. In the same quarter of the previous year, the firm had posted a net income of $808.2 million. CleanSpark reported revenues of $138.0 million at the close of its third fiscal quarter on June 30, down from $198.6 million in the prior comparable period. The financial statement reflected a fair-value loss on its Bitcoin holdings of $116.3 million, contributing to a total net loss of $239.8 million.

    Stripe-Owned Bridge Joins EU MiCA Register

    Bridge, the stablecoin infrastructure company owned by Stripe, has joined the EU’s MiCA register, increasing the number of authorized electronic money token issuers to 42 after securing regulatory approval in Luxembourg. According to the latest update from the European Securities and Markets Authority (ESMA), Bridge Building, the Luxembourg-based entity behind Bridge, has been added as an authorized electronic money token (EMT) issuer. The addition raises the number of MiCA-authorized EMT issuers in the European Union to 42. ESMA’s update also added three new crypto-asset service providers (CASPs) from Germany, bringing the total number of authorized CASPs across the bloc to 324.

    Frequently Asked Questions

    Why are Bitcoin ETF inflows important?

    Bitcoin ETF inflows indicate growing institutional participation in the crypto market. Consistent inflows generally reflect stronger investor confidence and can provide long-term support for Bitcoin prices.

    What is the CLARITY Act?

    The CLARITY Act is proposed U.S. legislation designed to establish clearer regulatory oversight for digital assets by defining the responsibilities of agencies such as the SEC and CFTC.

    What happened to SecondFi?

    SecondFi announced it would cease operations after hackers exploited a software vulnerability that resulted in the theft of approximately 16.1 million ADA, valued at around $2.4 million, from 374 wallets.

    Why did MARA and CleanSpark report lower revenue?

    Both Bitcoin mining companies were impacted by weaker mining economics and large fair-value losses on their Bitcoin holdings, leading to double-digit revenue declines and substantial quarterly net losses.

    What does Bridge joining the EU MiCA register mean?

    Bridge’s approval under the EU’s MiCA framework allows it to operate as an authorized electronic money token issuer. The move strengthens regulatory compliance for stablecoin infrastructure and expands Europe’s regulated crypto ecosystem.

  • Bitcoin Holds Near $64,350 as ETF Inflows Surge Ahead of Key Jobs Report

    Bitcoin Holds Near $64,350 as ETF Inflows Surge Ahead of Key Jobs Report

    Bitcoin traded near $64,354.99 on Friday, holding a tight range through the session as spot ETF inflows snapped a longer stretch of outflows. The leading cryptocurrency consolidated after testing $64,920 earlier in the week, with analysts flagging $65,000 as the critical level to watch. Traders now turn to today’s US jobs report for direction, while the stalled CLARITY Act adds to cautious sentiment.

    Bitcoin Price Today

    Bitcoin stood at $64,354.99, broadly flat over the past 24 hours, according to live CoinMarketCap data. Its market cap hovered near $1.29 trillion, with 24-hour trading volume reaching $21.64 billion. Price action remains tied to ETF flows, the jobs report, and legislative headlines.

    Analyst Insights

    Bitcoin Attempts $65,000 Reclaim Ahead of Jobs Data, Says Mudrex

    Prateek Gupta, Head of Business at Mudrex, noted that Bitcoin is attempting to reclaim the $65,000 level ahead of today’s US jobs report. The market is approaching a critical technical and liquidity zone, with $65,000 emerging as the largest short-liquidation cluster. He added that institutional demand continues to grow, with spot Bitcoin ETFs attracting $626 million in net inflows over three sessions. A weekly close above $65,000 could open the path toward $70,000, while a close below $63,000 may expose Bitcoin to $60,000.

    BTC Stays Range-Bound Between $64,000 and $65,000, Says CoinSwitch

    According to CoinSwitch Markets Desk, BTC remained range-bound between $64,000 and $65,000 after testing the upper end of the range. Repeated rejections near $65,000 indicate continued selling pressure. Near-term support sits at $64,350-$64,400, and a break below this zone could expose $64,200. Reclaiming $64,600 may pave the way toward $64,800-$65,000.

    Institutional Demand Offsets Rate Uncertainty, Says Giottus

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,300, with improving institutional demand offset by uncertainty over US interest rates. Spot ETFs received about $626 million between August 3 and August 5, helping buyers defend the $63,000-$64,000 region. However, these inflows have not been strong enough to clear the larger resistance zone between $66,000 and $66,600. He advised staggering purchases and keeping leverage low until Bitcoin clears $66,600 or loses $63,000 support.

    Bitcoin Consolidates Ahead of Employment Data, Says Delta Exchange

    Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin is trading around $64,400, with the market consolidating ahead of the US employment report. Resilient labor data and renewed crude strength keep inflation expectations in focus. A softer print could ease yields and support risk assets. Bitcoin is holding the $64,000-$64,200 support zone. A break above $64,750-$65,000 could open $65,250-$65,600, while a move below $64,000 may expose $62,400-$63,100.

    Crypto Prices Today: Top 10 Coins at a Glance

    The broader market holds steady, with majors posting mild gains. Hyperliquid led the top 10 board with a gain near 3.7%, followed by XRP and Dogecoin with daily gains above 1%. Outside the top 10, Zcash extended its rally with a jump above 5.9% on the day. Stablecoins Tether and USDC barely moved, while Ethereum and Solana posted modest daily gains.

    Crypto News Today: Top Headlines Impacting Prices

    Bitcoin ETFs Post Third Straight Inflow Day

    US spot Bitcoin ETFs pulled in $244.4 million on Wednesday, extending a three-day streak to $626 million. BlackRock’s IBIT fund led the run, capturing $479 million of the total. The August run has yet to record a single outflow day, a sharp reversal from July’s choppier flows.

    CLARITY Act Faces Recess Deadline Pressure

    The Digital Asset Market Clarity Act remains stalled on the Senate calendar as the chamber’s summer recess begins around August 7. Ethics language disputes continue to block bipartisan support. A Franklin Templeton executive noted that passage would unlock federal preemption and bring bank liquidity into crypto.

    Coldcard Firmware Flaw Keeps Custody Worries Alive

    A firmware bug tied to Coldcard hardware wallets has been linked to nearly $100 million in stolen Bitcoin this month. The exploit has driven dormant address movement as affected holders rush to secure funds. Whale Alert flagged a 6,196 BTC transfer worth nearly $397 million between unknown wallets this week.

    US Jobs Report Set to Drive Today’s Session

    Traders are bracing for today’s Non-Farm Payrolls report. A soft print could ease Treasury yields, while strong data may revive September rate hike bets. The Fed held rates steady at 3.50-3.75% in July, with three officials favoring a hike.

    Zcash and Cardano Lead Altcoin Momentum

    Zcash extended its rally with a weekly gain above 5.9%, pressing a key triangle breakout pattern. Cardano posted a sharp seven-day gain above 15%, outpacing most large-cap peers. Analysts tied Cardano’s strength to progress on its Ouroboros Leios scaling protocol.

    Tether Expands Tokenization Push in Saudi Arabia

    Tether announced plans to launch its Hadron tokenization platform in Saudi Arabia, starting with institutional real estate assets. The move aligns with the kingdom’s Vision 2030 diversification initiative but has limited near-term impact on Bitcoin’s price.

    Investor and Market Outlook

    Bitcoin holds near $64,350 as traders weigh a third straight ETF inflow day against a stalled CLARITY Act. Today’s jobs report stands as the session’s key catalyst. A close above $65,000 could open a path toward $66,600 resistance. A slip below $63,000 risks exposing deeper support closer to $60,000. Zcash and Cardano remain the most sensitive names to shifts in altcoin risk appetite. Next week’s inflation print stands as the market’s next defining catalyst.

  • Bitcoin Steadies Near $64,800 as Ethereum Outshines Broader Crypto Market

    Bitcoin Steadies Near $64,800 as Ethereum Outshines Broader Crypto Market

    Bitcoin traded near $64,800 on Wednesday, supported by a six-day streak of inflows into spot Bitcoin ETFs, while Ethereum outpaced the broader market with a 2.08% gain. XRP also advanced, rising 1.90%, as investors rotated into large-cap altcoins.

    According to live data from CoinMarketCap, Bitcoin is currently trading at $64,806.54, up 0.79% over the past 24 hours. Its market cap stands near $1.3 trillion, with 24-hour trading volume at $22.47 billion. The price action remains tied to ETF demand and ongoing custody concerns stemming from the Coldcard exploit.

    Bitcoin Price Today

    Bitcoin holds near $64,800, staying range-bound between $64,000 and $65,000. Resistance sits at $65,000–$65,500, while support is near $64,000. A break above $65,000 could open a path toward $65,500, while a slip below $64,000 risks exposing support closer to $62,300.

    Analyst Insights

    CoinSwitch Markets Desk noted that BTC remained range-bound near $65,000 despite a risk-on tone across global markets. The S&P 500 extended its rally past 7,793 points, and gold jumped 2.8% to a six-week high near $4,213 an ounce. A sustained Bitcoin recovery may need stronger ETF inflows and softer Treasury yields.

    Prateek Gupta, Head of Business at Mudrex, said Bitcoin stayed inside its broad $64,000–$64,700 band. He noted that the S&P 500 closed above Bitcoin on relative performance for the first time since 2012. Long-term holders sold over 11,500 BTC this week.

    Nischal Shetty, founder of WazirX, said Bitcoin traded near $64,469, largely unmoved despite steady ETF demand. US spot Bitcoin ETFs added $211.5 million, while Ethereum ETFs drew $53.8 million in fresh inflows. CryptoQuant flagged renewed accumulation among large Bitcoin and Ethereum holders.

    Riya Sehgal, Research Analyst at Delta Exchange, said gold climbed to a seven-week high near $4,286 an ounce. Lower Treasury yields and renewed safe-haven demand drove the move. Bitcoin consolidated near $64,500, holding a constructive structure while staying above $64,000.

    Crypto Prices Today: Top 10 Coins at a Glance

    Live data sourced from CoinMarketCap as of today’s session.

    Biggest Gainers: ETH, XRP, BNB

    Ethereum led today’s session with a gain above 2%. XRP followed closely, adding nearly 1.90% through the day. BNB rounded out the top movers, supported by strong weekly momentum near 4.29%.

    Biggest Losers: Solana and Dogecoin Lag

    Solana and Dogecoin posted only marginal daily moves today. TRON stayed nearly flat, gaining just 0.12% through the session. Stablecoins USDT and USDC held their peg with barely any movement.

    Crypto News Today: Top Headlines Impacting Prices

    Coldcard Exploit Losses Widen Past $130 Million

    Galaxy Research now estimates at least 15 separate attackers are exploiting the Coldcard firmware flaw. Confirmed and suspected losses have climbed to roughly 2,055 BTC across more than 7,700 wallet addresses. Coinkite founder Rodolfo Novak apologized publicly and pledged support for affected users. Nearly 90% of the stolen Bitcoin remains untouched, suggesting attackers are holding funds rather than rushing to sell.

    Bitcoin ETFs Post a Clean Inflow Streak in August

    US spot Bitcoin ETFs have recorded zero outflow sessions so far this month, extending a six-day inflow run. BlackRock, Fidelity, and Franklin Templeton all added fresh Bitcoin exposure on August 3. Cumulative net inflows since launch have now crossed $52 billion across the fund complex. The streak follows an eight-week outflow stretch that had tested confidence in the broader ETF adoption story.

    Hashdex to Close Its Smallest Bitcoin ETF

    Hashdex confirmed it will close and liquidate the Hashdex Bitcoin ETF, trading under the DEFI ticker on NYSE Arca. Trading ends on August 17, with shareholders receiving cash payouts after liquidation. The fund held just $14.7 million in assets against BlackRock’s IBIT at over $47 billion. The closure highlights a growing gap between dominant issuers and smaller competitors in the ETF space.

    Bernstein Flags CLARITY Act Delay as a Risk Factor

    Bernstein warned that fading odds for CLARITY Act passage could pressure crypto prices as the Senate enters recess. Analysts said a failed vote may trigger an immediate negative market reaction. The firm still expects crypto markets to find a bottom and build momentum later this quarter. Policy uncertainty remains a key variable for institutional positioning heading into September trading sessions.

    Metaplanet Raises $137 Million for Its Bitcoin Treasury

    Japan’s Metaplanet confirmed a $137 million capital raise through third-party allotment to expand its Bitcoin holdings. The move follows a wider trend of public companies building corporate Bitcoin treasuries this year. Analysts see these raises as a steady demand source that runs independent of ETF flow data. Corporate accumulation in Asia continues to grow despite recent volatility across Bitcoin’s broader price structure.

    Coinbase Signals Doubts Over Senate Crypto Bill

    Coinbase indicated it may withdraw backing for the Senate’s crypto market structure bill over unresolved provisions. The exchange’s hesitation adds fresh uncertainty to an already fragile legislative timeline this month. Industry lobbying groups remain split as the bill faces recess deadlines and competing political priorities. A weaker industry coalition could complicate the bill’s passage chances ahead of the midterm election cycle.

    Investor and Market Outlook

    Bitcoin holds near $64,800 as steady ETF inflows offset lingering worries from the Coldcard exploit. A close above $65,000 could open a path toward stronger resistance near $65,500. A slip below $64,000 risks exposing support closer to $62,300.

    Ethereum and XRP remain the most responsive names to shifts in institutional risk appetite this week. Bitcoin’s next move hinges on ETF flow consistency and Senate action on the CLARITY Act. Coldcard-related fund tracing and corporate treasury announcements stand as key catalysts through the coming sessions.

    FAQs

    What is the Bitcoin price today? Bitcoin trades near $64,806.54, up 0.79% over the past 24 hours, holding steady above $64,700. Support sits close to $64,000, while resistance builds between $65,000 and $65,500 through the coming trading sessions this week.

    Why are Bitcoin ETFs seeing inflows this month? US spot Bitcoin ETFs have posted zero outflow days so far in August, extending a six-day inflow streak. BlackRock, Fidelity, and Franklin Templeton led fresh buying, pushing cumulative inflows past $52 billion since launch.

    What is the biggest crypto news today? The Coldcard exploit crossing $130 million and Bernstein’s CLARITY Act warning are shaping sentiment today. Hashdex’s ETF closure and Coinbase’s hesitation over the Senate bill add further caution across trading desks.

    Which coins are performing best today? Ethereum leads daily gains with a rise above 2%, followed closely by XRP near 1.90%. BNB also posted solid weekly momentum, while stablecoins stayed largely flat through today’s trading session.

    What should investors watch this week? Track the Senate’s recess deadline, CLARITY Act developments, and daily Bitcoin ETF flow data closely. Coldcard-related fund movements and fresh corporate treasury announcements could also shift near-term market positioning.

  • Bitcoin Holds Above $64,200 as ETF Inflows Counter Coldcard Fears and Legislative Stalemate

    Bitcoin Holds Above $64,200 as ETF Inflows Counter Coldcard Fears and Legislative Stalemate

    Bitcoin traded near $64,236.97 on Tuesday, up 0.48% over the past 24 hours, as fresh institutional inflows offset ongoing security concerns and political uncertainty. The leading cryptocurrency steadied above $64,200 after a choppy start to August, supported by $170.1 million in net inflows into US spot Bitcoin ETFs on Monday.

    Bitcoin Price Today

    Bitcoin trades at $64,236.97, with a market cap of approximately $1.28 trillion and 24-hour trading volume of $23.11 billion. Key support lies near $62,800, while resistance is seen between $64,500 and $65,600, according to analysts.

    Analyst Perspectives

    Mudrex: $65,000 Key for Sentiment Shift

    Akshat Siddhant, Lead Quant Analyst at Mudrex, noted that Bitcoin trades above $64,000 as easing geopolitical tensions lift risk assets. He highlighted that Bitcoin futures open interest slipped to 740,000 BTC from a July peak of 776,000 BTC, a pattern that preceded April’s large short-side liquidation wave. “For now, $65,000 remains major resistance while support holds near $62,800,” he said.

    CoinSwitch: Equities Rally Supports BTC

    CoinSwitch Markets Desk observed that BTC held near $64,000 even as risk assets rallied on US-Iran de-escalation hopes. “Holding above $64,000 keeps the short-term structure positive for a push toward $64,400. A slip below $64,000 opens the next support zone near $63,600,” the desk stated.

    Delta Exchange: Break Above $64,500 Needed

    Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin reclaimed $64,000 after defending $62,200-$62,400 demand. “Bitcoin needs a sustained break above $64,500 to target $65,000-$65,600. Ethereum must reclaim $1,880 to confirm a broader breakout structure,” she added.

    Giottus: Weak Spot Demand Caps Recovery

    Vikram Subburaj, CEO of Giottus, placed Bitcoin near $64,260, up about 0.7% on the day. He advised investors to favor staggered buying ahead of Friday’s jobs report, noting that Bitcoin holds support near $63,000-$63,400, with resistance between $64,500 and $66,000.

    WazirX: Institutional Absorption Continues

    Nischal Shetty, founder of WazirX, said Bitcoin trades near $64,176 as easing tensions lift appetite. On-chain data shows 155,000 BTC accumulated between $62,000 and $65,000. Wintermute’s H1 2026 report shows institutions now drive 72% of spot volume. “A move above $64,800-$65,000 could trigger fresh long positions. Losing $63,900-$64,000 may raise the odds of a pullback toward $63,200,” he noted.

    Top 10 Coins at a Glance

    • Biggest Gainers: Hyperliquid (HYPE) led with a gain past 3%, followed by BNB (+1.27%) and XRP (+1%).
    • Biggest Losers: Stablecoins (USDT, USDC) and Solana (SOL) remained flat with minimal movement.

    Key Headlines Impacting Prices

    Bitcoin ETFs Return to Inflows With $170.1 Million

    US spot Bitcoin ETFs recorded $170.1 million in net inflows on Monday, ending a brief redemption streak. BlackRock’s IBIT led with $111.4 million, followed by Fidelity’s FBTC at $33.4 million. Ether ETFs slipped into modest net outflows of $11.9 million.

    Coldcard Firmware Flaw Fallout Continues

    A firmware bug in Coldcard hardware wallets has been linked to over $100 million in stolen Bitcoin this month. Emergency fixes have been rolled out, but security researchers warn that updating firmware alone is insufficient. Affected holders must generate fresh recovery phrases and migrate balances immediately.

    CLARITY Act Stuck Without Senate Floor Vote

    The Digital Asset Market Clarity Act remains absent from the Senate’s floor schedule. Senate Majority Leader John Thune indicated a vote could occur before recess, but Republicans need roughly seven Democratic votes to clear the 60-vote threshold. An unresolved ethics dispute over presidential crypto holdings remains a sticking point.

    Cardano Rallies on Heavy Whale Accumulation

    Cardano’s ADA token surged more than 26% this week as whale wallets added over 240 million tokens. Combined whale holdings have climbed to roughly 14.5 billion ADA, according to Santiment. Analysts say holding above $0.17 support keeps the bullish structure intact, with next resistance near $0.20 and then $0.24-$0.25.

    Ether ETFs Slip Into Mild Outflows

    US spot Ether ETFs recorded an $11.9 million net outflow on Monday, ending a two-day inflow streak. BlackRock’s ETHA and Grayscale’s ETHE led the modest redemptions. Analysts view the pullback as routine rotation rather than a shift in institutional demand.

    ISM Manufacturing Data Signals Resilient Economy

    The US ISM Manufacturing PMI climbed in July, pointing to resilient economic activity. Stronger readings reduce near-term expectations of Fed rate cuts. Traders now await Wednesday’s ADP payrolls and services PMI data, with Friday’s jobs report as the week’s most closely watched macro catalyst.

    Investor and Market Outlook

    Bitcoin holds above $64,200 as fresh ETF inflows offset lingering custody worries and legislative delays. A close above $64,500 could open a path toward resistance near $65,600. A slip below $63,900 risks exposing deeper support closer to $62,800. Cardano and Hyperliquid remain the most sensitive names to shifts in institutional risk appetite. Key catalysts this week include ETF flow trends, Fed rate signals, Friday’s jobs report, and the CLARITY Act’s Senate outcome.

  • Bitcoin Holds Above $63,800 Amid Coldcard Flaw, ETF Outflows, and Hawkish Fed

    Bitcoin Holds Above $63,800 Amid Coldcard Flaw, ETF Outflows, and Hawkish Fed

    Bitcoin traded near $63,812.96 on Tuesday, up 1.73% over the past 24 hours, as the market absorbed a mix of bearish headwinds and resilient price action. The token shrugged off a choppy start to August, with ETF outflows, a Coldcard hardware wallet firmware bug, and a hawkish Federal Reserve hold keeping sentiment cautious.

    Spot Bitcoin ETFs ended a three-week inflow streak with $61.53 million in net outflows for the week ending July 31, led by a sharp single-day withdrawal from BlackRock’s IBIT fund. Meanwhile, a firmware flaw linked to Coldcard wallets has been tied to nearly $70 million in stolen Bitcoin this month, prompting emergency firmware updates and warnings that affected holders must generate fresh recovery phrases.

    The Federal Reserve held rates steady but with a 9-3 vote split as three officials favored an increase, lifting September rate hike odds above 60%. The CLARITY Act remains stalled on the Senate calendar ahead of the August recess, with Democrats pushing for tougher ethics language. Traders now watch Friday’s jobs report for fresh direction.

    Bitcoin Price Today

    Bitcoin’s market cap stands near $1.28 trillion, with 24-hour trading volume at $26.81 billion. Analysts highlight $65,000 as key resistance, with support at $62,300 and $60,000 below.

    Analyst Insights

    Akshat Siddhant, Lead Quant Analyst at Mudrex: Bitcoin traded in the $63,000-$64,000 range amid growing macro uncertainty. A stronger yen, backed by an estimated $59 billion in intervention, has sped up carry trade unwinding. Strategy sold 1,638 BTC, its second largest sale this year. Bitcoin needs to reclaim $65,000 to lift sentiment, while $60,000 stands as major support.

    CoinSwitch Markets Desk: BTC approached $64,000 after the ISM Manufacturing PMI rose to 55.6, its highest since 2022. Sustained readings above 55 have historically coincided with strong altcoin performance. Near term, $64,000 is resistance, $63,000 is key support.

    Riya Sehgal, Research Analyst at Delta Exchange: Bitcoin holds between $63,500 and $64,000. Stronger US manufacturing data strengthens the case for the Fed to stay tight. Bitcoin needs to break and hold above $64,250 to improve momentum. Support at $62,300. ETH defends $1,820-$1,845 zone.

    Vikram Subburaj, CEO of Giottus: Bitcoin near $63,700, up 0.9%. Lower oil prices and improving global risk sentiment support the market. Weak spot demand and inconsistent ETF flows cap the recovery. Resistance at $64,000-$64,100.

    Nischal Shetty, founder of WazirX: Bitcoin gained 0.47% to around $63,602. Ethereum rose 0.34%. American Bitcoin reported record quarterly production of 932 BTC. Bitcoin futures traders watch $63,750-$64,300 recovery zone, with $63,000 as nearest support.

    Top 10 Coins at a Glance

    Biggest Gainers: Hyperliquid (+4.03%), BNB (+1%), TRON (+1%). Hyperliquid led major gainers with a daily jump, extending its strong weekly run. BNB and TRON also posted solid gains.

    Biggest Losers: Stablecoins (Tether, USDC) barely moved. Ethereum and Solana posted modest gains.

    Key Headlines Impacting Prices

    • Coldcard Firmware Flaw: A firmware bug drained nearly $70 million in Bitcoin. CEO Rodolfo Novak apologized. Emergency firmware rolled out, but affected users must generate new recovery phrases.
    • Bitcoin ETFs Snap Inflow Streak: $61.53 million in net outflows for week ending July 31. Spot Ether ETFs extended their four-week inflow streak with $27.42 million.
    • Fed Holds Rates: 9-3 vote split with three officials favoring a hike. September rate hike odds above 60%.
    • CLARITY Act Stalled: Senate recess deadline narrows legislative window. Democrats push for ethics language.
    • Strategy Sells 1,638 BTC: Second largest sale this year, adding selling pressure.
    • ISM Manufacturing PMI: Rose to 55.6 in July, highest since 2022, reducing expectations of near-term Fed cuts.

    Market Outlook

    Bitcoin holds above $63,800 as traders weigh ETF outflows, a hawkish Fed, and stalled legislation. A close above $64,250 could open a path to $65,000 resistance. A slip below $62,300 risks exposing $60,000. Next moves hinge on ETF flows, Fed rate signals, and Friday’s jobs report. The Senate recess deadline and upcoming inflation data are key catalysts.