Bitcoin trades near $62,948 with a slight 0.19% gain, while Ethereum dips 0.16% to $1,752 amid steady equity indices, dollar, and Treasury yields. The crypto market stays in a narrow range as investors await clearer signals from upcoming Federal Reserve commentary on interest rates. Bitcoin dominance holds at 56.2%, indicating limited capital rotation into altcoins, with modest gains in major tokens reflecting cautious positioning rather than broad enthusiasm. This cautious stance suggests traders are holding back fresh investments until macroeconomic conditions provide clearer direction.
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...
