Archives for August 5, 2026

Alex Kuptsikevich of FxPro said in an email that bitcoin has gained momentum since Monday, when buyers stepped in during the dip toward $62,500 and pushed price back above the 50-day moving average. Optimism is centred more on bitcoin than on the wider market, he said, which is typical of the early stages of a […]

Ether’s holder base is splitting, however. Wallets holding 10,000 to 100,000 ETH have risen from about 14 million ETH in mid-2025 to record highs near 19.6 million now. Ether is the only major trading below what its holders paid. (Shaurya Malwa/CoinDesk) The 100,000-plus cohort fell to roughly 2.6 million ETH in mid-2025 before climbing to […]

Token deployments across the chain’s launchpads have fallen from roughly 35,000 per day in mid-July to about 10,000, according to data. Noxa still holds around $137,000 of CASHCAT and has not sold; its balance has been flat over the past week while the value has risen 75%. CASHCAT’s own distribution has broadened. DEXTools data shows […]

In other words, no news on cloture on Wednesday night might just be no news. In one scenario, Majority Leader John Thune files cloture on Wednesday night, gets through all of the Senate’s other priorities by Friday, holds the first procedural vote on Friday night and then everyone goes back to their districts to meet […]

RedotPay, which describes itself as the world’s largest stablecoin payment card issuer, told CoinDesk Wednesday it will defend itself “vigorously” against a $470 million Binance lawsuit alleging it poached 470,000 users. “RedotPay is aware of legal proceedings initiated by Binance and will vigorously defend all claims,” the firm said in an emailed statement. “The Company […]

The latest U.S. congressional primary elections this week saw another unusual setback for the crypto industry’s largest campaign fund when incumbent Representative Shri Thanedar got shut down by progressive challenger Donavan McKinney for a Democratic nomination in Detroit. It cost the Fairshake political action committee more than $2 million, and the industry loses an incumbent […]

The exploit, which researchers say stemmed from a flaw in the wallet’s firmware, has resulted in at least 1,816 bitcoin, worth about $114 million, being drained from more than 5,200 addresses since July 30, underscoring the risks even self-custodied assets face when wallet security is compromised. FRNT Financial echoed that view, saying the exploit exposed […]

What the regimes reveal Splitting the window into bull, bear and sideways markets by the 200-day moving average sharpens the picture considerably. In bull regimes both approaches beat the plain 60/40, though the trend version retained much of the upside on a more controlled path. Bear regimes produced the widest gap. Spot exposure transmitted more […]

Strategy’s (MSTR) perpetual preferred stock, Stretch (STRC), has risen more than 30% from its June low. It is currently trading around $94, after gaining another 1% on Wednesday. STRC bottomed in late June around $71 as bitcoin fell below $60,000. Since then, Strategy has sold 5,226 BTC for $321 million across three separate transactions, reducing […]

Crypto is in a tough spot right now, and the effects of a down market are being felt across the industry. In February of this year, Nomura tightened risk limits at Laser Digital after crypto losses dragged down quarterly profit. This was read by the market as a retreat, but Nomura indicated it would be […]