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Bitcoin nears $64,300 as traders eye US-Iran-Oman oil deal and ETF flows amid mixed crypto market.

Market News
05 Aug 2026
Blockonomi
View Source
Neutral
Bitcoin nears $64,300 as traders eye US-Iran-Oman oil deal and ETF flows amid mixed crypto market.

Bitcoin traded near $64,270 on August 5, showing less than 1% gain despite record stock markets and falling oil prices. Traders are watching a potential US, Iran, and Oman shipping deal that could lower oil prices further, which usually benefits Bitcoin by easing inflation and lowering bond yields. US spot Bitcoin ETFs saw inflows of $19.6 million after recent heavy outflows, signaling some renewed investor interest. Analyst Ali Martinez highlighted $64,300 as a key resistance level; a close above it could trigger a rally toward $65,500 or $66,500. Meanwhile, BitMEX co-founder Arthur Hayes warned of an AI-driven debt bubble that might cause short-term volatility but could eventually push Bitcoin past $1 million if a credit crisis prompts government intervention.

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Tokenized stock trading hits $3B weekly, led by Robinhood Chain, BNB, and Solana networks.

Tokenized stock trading hits $3B weekly, led by Robinhood Chain, BNB, and Solana networks.

Tokenized equity trading volume reached nearly $3 billion weekly in August, driven mainly by Robinhood Chain, BNB Chain, and Solana. Despite this growth, only about 5% of tokenized stocks are used in onchain financial applications, with total value l...

Market News
Bullish
4 hours ago
Ethereum introduces EIP-8141 with frame transactions to enhance scalability and native account abstraction.

Ethereum introduces EIP-8141 with frame transactions to enhance scalability and native account abstraction.

Ethereum is set to upgrade its network with EIP-8141, introducing 'frame transactions' that split one transaction into up to 64 programmable frames. This new transaction type enables native account abstraction, gas sponsorship, and atomic batching, a...

Protocol Fundamentals
Bullish
4 hours ago
30 institutions hold $75M in Hyperliquid ETFs, led by Brazil's Wealth High Governance Asset Management.

30 institutions hold $75M in Hyperliquid ETFs, led by Brazil's Wealth High Governance Asset Management.

As of June 30, 2026, thirty institutional investors collectively held about $74.9 million in Hyperliquid ETF products, with Brazil's Wealth High Governance Asset Management leading at nearly $24 million in the 21Shares' THYP fund. These ETFs track th...

Market News
Bullish
4 hours ago
Useless Coin surges 300% in a week but faces possible pullback after intense buying.

Useless Coin surges 300% in a week but faces possible pullback after intense buying.

Useless Coin (USELESS) hit a 10-month high of $0.286 after rallying 300% in a week, driven by strong buying and new holders. Despite intense buying pressure and positive momentum indicators, the rally may be overextended, suggesting a potential pullb...

Technical Signals
Neutral
4 hours ago
Seattle Times and Newsday sue OpenAI and Microsoft over AI training on journalism content

Seattle Times and Newsday sue OpenAI and Microsoft over AI training on journalism content

The Seattle Times and Newsday have filed lawsuits against OpenAI and Microsoft, accusing them of using their journalism content without permission to train AI models. The lawsuits warn that generative AI could severely damage the journalism industry ...

Market News
Bearish
4 hours ago
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