Market narrative
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Crypto exchange Bitget will stop accepting new registrations from Japanese users, announcing a phased exit that culminates in forced position closures by December 31, 2026.
Crypto
Solana holds above $73, but weak spot demand and falling Bitfinex longs raise risks of a renewed pullback.
Ethereum's supply shock could turn August's rotation into sustained Q3 outperformance.
Bitcoin tests its 200-week moving average as BTC holds $62,000 support and faces major resistance near $70,000 this week.
Losses from a security exploit affecting Coldcard Bitcoin hardware wallets have reached $88 million, with attackers actively draining funds from affected devices in one of the year's most significant Bitcoin wallet security incidents.
Solana risks falling 50% toward $36 as a weekly double-top breakdown, bearish EMA alignment and weakening support pressure SOL in August.
Bitget has begun withdrawing services for residents of Japan, stopping new account registrations immediately and setting a timeline that will lead to mandatory account restrictions later this year.
The Algorand (ALGO) price has rebounded nearly 12% from its recent lows and is now testing a crucial resistance level around $0.085. The renewed buying interest comes as the Algorand Foundation unveiled its post-quantum security roadmap, outlining plans to make the network resilient against future quantum computing threats by 2027.
The estimated losses from the Coldcard attack have climbed to $90M, with 1,367+ BTC drained from over 4,500 wallets. The active fourth wave has impacted 462 wallets, shifting 388.92 BTC across 218 transactions into 216 newly created addresses.
The Coldcard firmware incident, in which hackers drained $88 million worth of BTC from users' wallets, brought a fundamental crisis of trust in the industry to the forefront.
Backpack Exchange Lists TRX Spot And Perpetual Markets - Read the full analysis.
Bitcoin faces pressure as analyst Benjamin Cowen warns rising Treasury yields could force the Fed to raise interest rates.
Smarter Web Company purchases 11.89 Bitcoin, expanding treasury reserves to 2,712 BTC total.
After momentarily surpassing one of its strongest usage milestones in recent months, on-chain payment activity on the XRP Ledger has seen a sharp reversal. At the beginning of August, the daily payment volume between accounts surged above one billion XRP, but within a day, it fell by about 90%, demonstrating how erratic network activity still is.
Another lower high and lower low means that Bitcoin is on the verge of a fall to lower levels. $60K is the target.
XRP coin sits near $1.06 with the 200 EMA far overhead and the CLARITY Act stalled in the Senate. Here is what the daily chart says about buying now.
BNB Chain accuses a former employee of secretly controlling a tutorial wallet used to launch the ASTEROID token, netting an estimated $628,000.
Ripple said the deals are set to bring regulated transfer agency, issuance, and collateral mobility to its infrastructure on the XRP Ledger.
After enjoying a substantial recovery through most of July, Bitcoin (BTC) began reversing later in the month, and Finbold's artificial intelligence (AI) predictive machine learning algorithm estimates that the latest downtrend will persist by August 31.
The crypto market is becoming increasingly selective. Instead of chasing speculative tokens, institutional investors are focusing on projects with real revenue, tokenization infrastructure, AI, decentralized trading, enterprise adoption, and payment networks. While Bitcoin continues to dominate market sentiment, several altcoins are quietly strengthening their fundamentals through major partnerships, protocol upgrades, and growing on-chain activity.
