Bitcoin's price approached $65,000 on August 6, recovering nearly 4% from a low of around $62,300 on August 3. This rebound was supported by easing geopolitical concerns over the Strait of Hormuz, where Iran and Oman made progress on a shipping route agreement. Technical indicators suggest Bitcoin faces resistance near $65,000–$65,220, with potential to rise toward $67,000–$68,000 if it breaks through. However, failure to hold above $63,700 could weaken the recovery. The broader U.S. market and Federal Reserve signals remain key factors influencing Bitcoin's next moves.
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
Bitcoin and ether are outperforming the broader cryptocurrency market as traders seek the safety of large-cap tokens. While altcoins experience falling open interest and weak momentum, Bitcoin's futures open interest is rising with bullish signals fr...
Bitcoin is approaching a critical liquidity zone around $65,000, where a large concentration of short liquidations could trigger a swift upward price move if broken. Most long liquidation clusters below current prices have diminished, making upward m...
Large holders of XRP continue to accumulate the token despite its price falling from $2.40 to around $1.00–$1.20 in 2026, indicating steady buying but no broad market rally yet. Ethereum stands out as the most undervalued among major cryptocurrencies...
Tom Lee, chair of BitMine Immersion Technologies, highlighted that quantum computing could threaten Bitcoin more than Ethereum or Solana due to Bitcoin's lack of consensus on quantum resistance. Quantum computers might break Bitcoin's encryption in m...
