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Bitcoin stalls near $64K as global stocks hit records; crypto sees capital outflows amid AI hype.

Market News
05 Aug 2026
Coindesk
View Source
Neutral
Bitcoin stalls near $64K as global stocks hit records; crypto sees capital outflows amid AI hype.

Bitcoin remains flat near $64,000 despite global stock indexes reaching record highs driven by AI optimism and easing geopolitical tensions. Crypto-specific weakness is evident as U.S. spot bitcoin ETFs saw $5.4 billion in net outflows in H1 2026, with capital rotating into AI-linked assets. Derivatives data show subdued activity in bitcoin and ether futures but aggressive buying in select altcoins. Notably, Tether's market cap contracted sharply by $4 billion over 60 days, signaling capital leaving crypto and possibly marking late-stage selling. A sustained crypto recovery would require Tether's supply to increase again. Upcoming U.S. economic data may influence market direction.

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Hyperliquid leads 2026 crypto revenue with $429M through Sept 15, topping CoinGecko's ranking.

Hyperliquid leads 2026 crypto revenue with $429M through Sept 15, topping CoinGecko's ranking.

Hyperliquid generated $429.04 million in revenue from January 1 to September 15, 2026, making it the top crypto revenue generator in CoinGecko's adjusted ranking. It captured 12.62% of the $3.40 billion revenue pool, outpacing second-place Pump.fun b...

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Uniswap.com domain was bought for seven figures and redirected to rival SushiSwap before legal reclaim.

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Uniswap founder Hayden Adams revealed that Sam Bankman-Fried allegedly purchased the Uniswap.com domain for a seven-figure sum after Uniswap Labs refused to pay the asking price. Bankman-Fried reportedly redirected the domain to SushiSwap, a competin...

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CME FedWatch shows high odds of Fed rate hikes in upcoming meetings amid inflation concerns.

CME FedWatch shows high odds of Fed rate hikes in upcoming meetings amid inflation concerns.

The CME's FedWatch tool indicates a better than even chance of a Federal Reserve rate hike next month and a 44% chance of another hike in December. This reflects ongoing inflationary pressures, where typically the 10-year Treasury yield must outpace ...

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Neutral
4 hours ago
LUNA surges 15% amid Binance-backed Terra network upgrade and trading spike

LUNA surges 15% amid Binance-backed Terra network upgrade and trading spike

LUNA's price jumped nearly 15% in 24 hours, reaching about $0.0536, with weekly gains close to 30%, driven by Binance's support for Terra's v2.21.0 network upgrade scheduled for September 21. The upgrade, aimed at enhancing network security and cross...

Protocol Fundamentals
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Contango Silver & Gold seen as a speculative buy on strong 2027 cash flow from Manh Choh project.

Contango Silver & Gold seen as a speculative buy on strong 2027 cash flow from Manh Choh project.

Contango Silver & Gold is considered a speculative buy due to expected peak cash distributions from its Manh Choh project in 2027, projected at $165–$175 million assuming gold prices of $3,700 per ounce. Despite high forward price-to-earnings ratios ...

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