Bitcoin rose above $63,000 with a 1.5% gain following US President Trump's statement that Iran seeks negotiations, easing market fears. The cryptocurrency is closely watched around the $64,700 daily close level, which could spark a significant relief rally if surpassed. Large holders have accumulated 10,000 BTC this month, suggesting an accumulation phase, while blockchain data shows short-term holder losses typical near cycle bottoms. Analysts warn that a close below $61,300 could lead to further declines, but a move above $66,000 would confirm a bullish chart pattern targeting $72,000–$74,000 in the coming weeks.
SharpLink CEO Joseph Chalom opposes Ethereum's EIP-8363 proposal, which would burn validator rewards as staking increases, potentially reducing staking yields to zero at a 50% staking ratio. He argues this could weaken decentralized finance by raisin...
XRP reversed its decline against Bitcoin after five days, bouncing back from oversold conditions indicated by the RSI dropping to 25 before recovering to 35. This rebound suggests XRP might be regaining strength relative to Bitcoin, though the RSI re...
Hyperliquid (HYPE) spot ETFs reversed a three-week outflow trend by gaining $2.84 million in fresh inflows for the week ending August 7, after losing over $30 million between mid-July and early August. This turnaround comes amid cautious market condi...
Bitcoin is approaching a key resistance level at $66,000, with net inflows to Bitcoin ETFs surging to $850 million in the first week of August, five times July's total. This increased demand could help Bitcoin break past this ceiling, potentially tri...
Bitcoin is trading near $64,900, consolidating between strong resistance at $69,000-$70,000 and critical support around $57,000. Analysts note Bitcoin is following a bear-market pattern similar to 2022, where failure to hold $57,000 could lead to dee...
