Trump Media Reportedly Sells Another 2,628 Bitcoin, Traders Eye Further Downside
Trump Media reportedly sold another 2,628 BTC worth $165M as Bitcoin trades below resistance, with traders watching for another decline.
Market narrative
Move between stock news, official company releases, crypto, and FX without losing the path back to ticker research.
Trump Media reportedly sold another 2,628 BTC worth $165M as Bitcoin trades below resistance, with traders watching for another decline.
Crypto
Yen's instability prompts Japanese firms to diversify into crypto, highlighting potential volatility and cross-asset risks in financial markets. Tokyo and Washington coordinate on foreign exchange measures as yen weakness drives Japanese firms toward Bitcoin.
BTC sentiment fell to a four-month low after Coldcard's $38M exploit.
XRP Ledger 3.2.1 blocks manifest floods, preserves consensus and strengthens peer defenses worldwide.
How Ondo's perps product has gained massive interest and trading volume after three weeks of launch.
XRP's range trading continues as price chugs near the crucial $1 support. XRP held above the $1.02 support for all of July, a feat that remained significant and saw it close the month in the green, gaining 2.18%.
Dogecoin (DOGE) saw the sharpest uptick in bullish futures positioning in the USDT-margined market, signaling a modest swing in short-term risk appetite among top leveraged traders even as account-level data suggested broader sentiment remained largely unchanged. According to CoinGlass data tracked at 12:15 a.m.
South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that total losses could rise.
Audiera surged 8.8% to $4.17, leading today's gainers, while Uniswap fell 6% to $4.13.
ETHB alone kept Ether funds positive, leaving the $9 million gain too concentrated to confirm broad rotation.
Solana (SOL) is holding near the closely watched $73 level as the broader crypto market stays in a corrective phase, leaving traders torn between a potential technical rebound and lingering headwinds from weakening on-chain activity. The token's failure to reclaim nearby resistance has kept downside risks in focus, even as the Solana ecosystem posts incremental signs of institutional participation and governance maturation.
Shiba Inu is back in the green territory, but its exchange activity suggests that bearish traders are taking over the market as demand has been overwhelmed by rapid sell pressure.
Lido's on-chain activity may be enough to keep LDO afloat.
Pi Network (PI) is back in the spotlight as its price edges higher ahead of a key network upgrade, while node operators face an August 11 deadline to install Protocol v26 or risk being disconnected from the network. The update has renewed interest in the project, pushing Pi Coin higher even as broader market sentiment remains mixed.
BNB Chain alleges an ex-employee reused a tutorial wallet to launch ASTEROID and net about $628,000.
Dogecoin (DOGE) edged 1.23% higher on Aug. 1 to trade around $0.070, even as newly launched spot Dogecoin exchange-traded funds (ETFs) recorded their first monthly net outflows since debuting in November 2025. The price increase comes amid weakening institutional demand and growing technical indicators pointing to a potential bearish trend.
A third wave of attacks targeting vulnerable Coldcard-generated Bitcoin wallets has drained another 208 BTC from 1,912 addresses, pushing total losses to 1,367 BTCworth nearly $89 millionaccording to Galaxy Research. The latest wave occurred between Friday midday and Saturday morning UTC, signaling that the attacker continues exploiting wallets created with compromised keys.
Chainlink's TWAP feeds enhance DeFi security by reducing price manipulation risks, fostering trust and innovation in decentralized markets. Chainlink launches TWAP mainnet feeds for developers.
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans.
The liquidation heatmap and the 2-month range's breakdown underlined HYPE's precarious position.