Market news
Crypto, stocks, forex and macro, aggregated for traders.
Trump Media Allegedly Sells Another 2,628 BTC, Total Bitcoin Losses Hit $555M
Trump Media reportedly offloaded an additional 2,628 BTC (≈$165M), bringing total divestments to 7,281 BTC. The company’s aggregate loss on Bitcoin now reaches $555 million, per Lookonchain.
BTC Transfer Volume Surges to Second-Highest Daily Level Ever
Bitcoin users moved nearly 39,600 BTC on July 31, the second-largest daily volume on record, surpassed only by the day after FTX's collapse in November 2022. CryptoQuant linked the spike partly to the Coldcard hardware wallet hack.
Crypto Prices Rise Broadly; Bitcoin Up 1.3%, Avalanche Surges 7%
Major cryptocurrencies advanced, with Bitcoin gaining 1.31% to $63,477 and Ether adding 2.06% to $1,875.90. Avalanche was the top performer, jumping nearly 7%.
Institutions Not Diamond Hands for Bitcoin, Says Michael Terpin
Crypto investor Michael Terpin challenges the myth that institutional holders never sell, noting that even the largest players exit when the price is right.
Michael Terpin Challenges ‘Never Sell’ Bitcoin Institution Myth
Michael Terpin argues that institutions are not the unwavering holders many believe, and the key is not if they sell, but how much.
ForkLog Weekly Roundup: DeFi Risks, Quantum Blockchains, MiCA Chaos, and Tokenized ETFs
ForkLog’s latest weekly digest features deep dives into DeFi frontend vulnerabilities, blockchain readiness for the quantum era, the BIP-110 controversy, MiCA licensing turmoil, and the mechanics of tokenized ETFs.
US Spot Bitcoin ETFs See $172M Inflows in July, First Since April
US spot Bitcoin ETFs attracted $172.4 million in July, their first monthly net inflow since April. Ethereum ETFs gathered $365.2 million with a four-week streak of positive flows.
Bitcoin Hashrate Falls for 287 Days Straight, One of Steepest Declines Ever
Bitcoin's hashrate has declined for 287 consecutive days, the third-longest streak on record, while mining difficulty sits 19.9% below its peak. Public miner stocks have defied the trend, rising alongside an industry pivot to AI.
Uniswap Falls 4.38% While Cardano Gains 3.44% in Mixed Crypto Session
Bitcoin trades near $63,095, up 0.24%, while Ether sees a 0.31% gain. Uniswap dropped 4.38% and Cardano surged 3.44%.
Pump.fun Lays Off Staff Ahead of PUMP Token Unlock, Costing One Seven Figures
Pump.fun terminated employee agreements in early April, just two months before a quarter of allocated PUMP tokens were set to unlock in mid-June. At least one laid-off worker missed out on a seven-figure sum.
Russia Bans Crypto Mining in Moscow, Moscow Region Until 2032
Russia has added Moscow, the Moscow region, and parts of Kursk Region to its list of areas where cryptocurrency mining is prohibited, effective from August 2026 through 2032.
TD Cowen, Benchmark Reaffirm Buy on Strategy; Stock Drops 4%
TD Cowen and Benchmark reiterated their buy ratings on Strategy after Michael Saylor said the company’s reserves would no longer be 100% crypto. Analysts view the dollar cushion as a prerequisite for future bitcoin purchases, not a change in strategy.
Weekly Crypto News: Telegram Pressure, Lido Upgrade, Bitcoin BIP-110 Debate
Key stories this week include increased regulatory pressure on Telegram, new AI restrictions in the US, a major Lido upgrade, and a debate over Bitcoin’s BIP-110.
Coldcard Hardware Wallet Flaw Results in Theft of 594 BTC Worth $38M
A firmware vulnerability in Coldcard hardware wallets allowed attackers to steal approximately 594 BTC (~$38.2 million) from around 500 users on July 31, according to blockchain analysts Lookonchain and developer Coinkite.
Tether's Excess Reserves Halved to $4.11 Billion in Q2 as USDT Supply Hits Record $184.6 Billion
Tether's cushion of excess reserves dropped to $4.11 billion from $8.23 billion in the prior quarter, while USDT's circulating supply reached $184.6 billion and its stablecoin market share topped 60%.
Weekly Crypto Cybersecurity Roundup: Cartel Laundering, Malware Alerts
A drug cartel laundered billions via Brazilian crypto brokers, malicious software targeted seed phrases, and a fake 'crypto academy' was busted. A separate cyberattack hit over 30 Minnesota water plants.
Bybit Adds Six Tokenized Stocks as Collateral for Margin…
Bybit now lets traders pledge six tokenized equities — Nvidia, Robinhood, Circle, Tesla, Alphabet and Apple — as collateral for margin trading and crypto loans.
Bitcoin Holds $64K as Asian Markets Bounce; Strategy to Keep Selling After $8.2B Loss
Bitcoin hovered near $64,000 as Asian markets rebounded, while Strategy plans further sales after a massive quarterly loss. Coldcard wallet users were hacked for $38 million, and US Treasury Secretary Yellen urged a Senate vote on the CLARITY Act.
Binance Coin Bearish Reversal: Eyes on the 560 Support, 31…
Binance Coin reversed lower from the $590 resistance zone and could drop to $560 support, according to technical analysis, as crypto sentiment stays bearish.
TD Cowen Cuts SharpLink Target to $13, Lowers Ether Year-End Forecast to $2,370
TD Cowen analysts lowered their price target on SharpLink Gaming shares to $13 and revised their Ethereum year-end forecast down to $2,370, citing weak Q2 dynamics and regulatory delays.
Bitcoin Falls 2.5% to $62,500; Crypto Ignores Asian Stock Surge
Bitcoin fell 2.5% to around $62,500 over the past day, ignoring a sharp rebound in South Korean and Asian equities. Spot ETFs saw net inflows of $203.84 million for Bitcoin and $13.3 million for Ethereum.
FIFA Earns $6M from 2026 World Cup NFT Ticket Resales
Chainalysis reports FIFA collected $6 million in fees from secondary market sales of NFT tickets for the 2026 World Cup, driven by fans from nations that qualified.
Bybit Accepts 6 xStock Tokenized Equities as Loan Collateral
Bybit now accepts six tokenized xStock equities as collateral for Unified Trading Account Loans, Crypto Loans and Institutional Loans, expanding the utility of tokenized stocks.
US Treasury Secretary Urges Senate Vote on CLARITY Act, Cites Satoshi
Scott Bessent pushed the Senate to immediately vote on the CLARITY Act, accusing Democrats of political delay. He invoked Satoshi Nakamoto, while conflict-of-interest rules tied to Trump remain a sticking point.