Crypto market update August 6: Bitcoin nears $65K as ETF inflows rise, Ethereum and Pi Network lead gains
Bitcoin climbed closer to $65,000 on August 6 as strong ETF inflows and improving market sentiment supported prices. Ethereum also gained, while Pi Network emerged as one of the day's top-performing cryptocurrencies.
CLARITY Act faces uncertain future as Senate runs out of time
The U.S. Senate has only a short time left to vote on the CLARITY Act before its August recess. The outcome could shape the future of crypto regulation in the United States.
Russia approves new crypto law for regulated retail trading
Russian President Vladimir Putin has signed a new crypto law that allows regulated retail cryptocurrency trading while keeping the country's ban on using crypto for everyday payments.
Solana proposal could increase daily SOL burns to $650,000
A new Solana proposal could increase daily SOL burns from about $47,000 to as much as $650,000 while also reducing new token issuance.
MicroStrategy sells 1,638 Bitcoin worth $104.7 Million
Strategy sold 1,638 BTC worth $104.7 million to build a $4 billion cash reserve and support its long-term Bitcoin strategy.
FXRP Becomes First XRP Collateral for RLUSD Loans on Ethereum
Flare brings XRP deeper into DeFi as FXRP becomes the first XRP collateral approved for institutional RLUSD lending on Ethereum.
Can HYPE Hold $55.51 or Is $52.67 the Next Targe
HYPE Breaks Below $60 as Double Top Signals 15% Downside to $52.67.
RSI and MACD confirm weakness; short favoured into key support cluster.
BNB Has Just Days to Defend $558.89 Support Before the Technical Picture Turns Decisively Bearish
BNB at a Crossroads: Below Every Major EMA With MACD Turning — Which Way Does $568 Break?
BNB trades beneath all four major EMAs as conflicting signals keep bulls and bears deadlocked.
ADA Breaks Below $0.15 With 8 of 10 Indicators Screaming Bearish — Is $0.14 the Last Line?
ADA trades at multi-year lows with overwhelming bearish confluence pointing toward the $0.14 trendline floor.
JUP's Double Bottom Is Confirmed — Can Bulls Push Past $0.24 Resistance This Week?
JUP trades at $0.23 with eight of ten indicators bullish and momentum accelerating above all major EMAs.
XRP Slides to $1.05 as Every Major EMA Looms Overhead — Bears Are in Full Control
With a 3.4/10 cumulative score and all EMAs stacked above, XRP's short thesis is clear.
CoinEx Offers Top Crypto Passive Earning Opportunity for 2025
CoinEx has an amazing passive income program going on now called the Flexible Savings program. It pays high interest rates with no nonsense.
Top Solana Protocols for Passive Stablecoin Income, Part 2
Solana offers some top protocols for passive Stablecoin Income. We take a closer look at these options in a 2-part series. This is Part 2.
Top Solana Protocols for Passive Stablecoin Income, Part 1
Solana offers some top protocols for passive Stablecoin Income. We take a closer look at these options in a 2-part series. This is Part 1.
Bitcoin to Hit 70% Sustainable Energy by 2030
Renewable energy already makes up 41% of Bitcoin’s mining power as of late 2024.
Don’t Panic – PROTECT Your Crypto Portfolio Instead with CoinEx
Smart traders know how to keep earning even in a market slump. For example, with CoinEx. Here are 2 proven strategies to make passive income.
Sui Adds Liquid Staking Token Standard
Liquid staking just got a boost on the Sui Network. With SpringSui, $sSUI, Suilend introduced a new liquid staking standard.
Google’s Nuclear Plan Could Transform Crypto Mining
Google partnered with Kairo Power to start manufacturing SMRs. These are small modular reactors that could make crypto mining cheaper.
This is Why Uniswap’s L2 Shift Puts Ethereum at Risk
L2 chains will redirect Ethereum users to their own chains. Like Uniswap's L2, and they take the transaction fees away from Ethereum.
Introduction to Autolayer
Autolayer is the largest Ethereum restaking marketplace and its IDO is going on now.
Norway Town Seeks Bitcoin Mine Closure Over Energy Hike
Several countries and regions have taken steps to mitigate the noise levels of mining farms.
Why You Should Be Looking at Common Wealth Right Now
Common Wealth is democratizing investment, ensuring transparency, and promoting decentralization so that no one is left out from early-stage investments..
Iran Takes Significant Step to Limit Crypto Mining
As more places tighten the rules, the mining industry could face major challenges in the years ahead.
Elys Network, an Introduction
Elys Network is a new project in the Cosmos ecosystem that brings a couple of 'firsts' to the Cosmos ecosystem. A CEX UI with a DEX engine.