Bitcoin is defying its typical August losses by rising over 2% this month, supported by strong institutional demand. Bitcoin ETFs have attracted over $381 million in net inflows so far in August, with no days of outflows, signaling steady investor confidence. Additionally, Bitcoin dominance is increasing as capital rotates back into BTC from Ethereum, suggesting a potential shift in market dynamics. If this trend continues, Bitcoin could break its historical August weakness and sustain a longer rally.
Cryptocurrency prices exhibit varied changes, with Bitcoin rising 1.09% to $64,441 and Ethereum up 0.52% at $1,878.73. Several altcoins like BNB, ZEC, and UNI show notable gains, while others such as XRP and XMR experience declines. These fluctuation...
The $120 million hack of the Coldcard hardware wallet, ongoing since July 30, has triggered a surge in Bitcoin network activity, with mempool transactions reaching the highest level since February 2025. This spike reflects increased coin movements am...
Bitcoin price rebounded above $64,000 on August 5, with analyst Aksel Kibar predicting a possible rally above $67,000 soon. He identified a potential inverse head-and-shoulders pattern suggesting a bullish reversal, with resistance around $67,200. De...
Bitcoin's status as digital gold will be proven by its adoption among sanctioned states rather than its price performance, according to Bitwise's Gordon Grant. He argues that these countries, including Russia and Iran, are quietly accumulating Bitcoi...
The XRP Ledger (XRPL) has integrated with Axelar Network, enabling seamless cross-chain asset transfers and instant settlement on XRPL. This allows assets like XRP, wrapped Bitcoin, Ethereum tokens, and stablecoins to move freely between multiple blo...
