Canaan taps $130M crypto reserve for stock buybacks
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915…
PEPE Supply on Exchanges Just Took a Massive Hit
A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest. PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges…
Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000. Initial U.S. jobless claims…
Analyst Predicts 1,700% LDO Rally From Long-Term Support
LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal. Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly…
Solana Whale Activity Signals Potential Rally While MSTR Faces Scrutiny
On-chain data shows repeated SOL accumulation by large holders, pointing to growing confidence in the Solana ecosystem. The first hours of 2026 are revealing a crypto market at a crossroads. While notable whale activity on the Solana network hints…
Crypto Funds Pull In $47.2B in 2025, But Bitcoin Loses Ground
XRP and Solana posted massive triple-digit growth in 2025, while Bitcoin-focused crypto investment funds struggled. Digital asset investment products ended 2025 with total global inflows of $47.2 billion, which is slightly below the record $48.7 billion seen in 2024….
CNBC Crowns XRP Hottest Crypto Trade of 2026 Over BTC and ETH: Here’s Why
CNBC’s call reflects an appetite for outsized returns, as investors rotate from BTC’s maturity toward higher-beta opportunities like XRP. Ripple’s XRP token took center stage on U.S. financial television this week after CNBC labeled it the “hottest crypto trade…
Pump.fun Leads as Solana App Revenue Hits $2.4B in 2025
Despite falling meme coin volumes in 2025, Solana revealed Pump.fun and launchpads generated massive revenue. Solana-based meme coin launchpad, Pump.fun, emerged as one of the ecosystem’s top revenue-generating applications. Pump.fun was listed among seven Solana apps that generated more…
Canaan taps $130M crypto reserve for stock buybacks
Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915…
PEPE Supply on Exchanges Just Took a Massive Hit
A drop in PEPE exchange balances has added to bullish expectations despite muted trader interest. PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges…
Sui Signals Q1 2027 Mainnet Upgrade to Avert Quantum Threat
Key Takeaways Sui is adding quantum-resistant signatures to protect user accounts and vaults from future quantum threats. Users can seamlessly upgrade without changing addresses or moving assets, reducing user friction and cost. Sui plans to roll out quantum-safe vaults by…
Bitcoin price slips below $65K after US jobs data
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000. Initial U.S. jobless claims…
Analyst Predicts 1,700% LDO Rally From Long-Term Support
LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal. Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly…
Circle Warns MiCA Rules Cut off EU Users From Top Stablecoins
Key Takeaways MiCA licensed 35 tokens, but excluded major issuers like Tether, leaving many EU users unprotected. Strict MiCA rules cut off EU users from global stablecoins, limiting market access for major tokens. The EU opened a public consultation through…
Michael Saylor says ChatGPT helped Strategy raise $15B
Michael Saylor said ChatGPT helped him design the preferred stock financing model that enabled Strategy to raise about $15 billion for its Bitcoin-focused balance sheet. Summary Saylor credited ChatGPT with helping develop Strategy’s preferred stock financing structure. Strategy raised about…
Strategy Doubles Down on BTC as it Nears $65K: Will an August Gamble Pay Off For Saylor?
In Bitcoin news today, BTC USD is trading near $64,800 as three distinct forces converged this week to reframe the asset’s risk and opportunity profile simultaneously. A Federal Reserve official opened the door to a rate hike, and a volunteer…
Bitcoin Holds Above $64,500 as Short Liquidations Drop
Key Takeaways Bitcoin nearly reached $65,000 on Thursday, finding solid support above $64,500 despite intraday drops. Bitcoin pushed total crypto market cap near $2.29T as short liquidations fell to $30 million. Debate over BIP 110 and a potential 2-chain fork…
Binance Pauses Services and Delists Several Crypto Pairs: Who Is Affected?
The first update is scheduled for August 7, with the second set for the following day. The world’s largest cryptocurrency exchange will conduct a major scheduled upgrade on Saturday that will pause certain trading activities. The second major statement…