🔍Institutional Shift and Regulatory Hurdles Anchor Bitcoin Near $63,000

Bitcoin's price drop to 62,942, representing a negative 24-hour change of -2.14%, indicates immediate short-term bearish pressure and caution among market participants. This slight pullback suggests that while Bitcoin is holding above the psychological 60,000 threshold, buyers are currently hesitant

Bitcoin Is Moving Into Strong Hands, But Demand Is Still Missing

Bitcoin Is Moving Into Strong Hands, But Demand Is Still Missing

Bitcoin’s on-chain structure is beginning to resemble the 2022-2023 bear market bottom, but analysts say one important ingredient is still missing before a meaningful recovery can begin. According to on-chain analyst Axel Adler Jr., Bitcoin is steadily moving out of speculative hands and into long-t

XRP Ledger Upgrade Could Make Owning XRP Optional: Will Demand Fall?

XRP Ledger Upgrade Could Make Owning XRP Optional: Will Demand Fall?

The XRP Ledger wants to let banks pay network costs for their users. If validators agree, people could use the ledger without ever buying XRP.Jazzi Cooper, head of product at RippleX, said the xrpld 3.3.0 release should arrive next week. It carries five proposed changes. One is called Sponsored Fees

Coldcard Wallet Flaw Exposed? Hacker Quietly Drains 1,082 BTC Before Security Warning

Coldcard Wallet Flaw Exposed? Hacker Quietly Drains 1,082 BTC Before Security Warning

A firmware flaw that remained unnoticed for years has resulted in one of the largest Bitcoin hardware wallet thefts in recent months. More than 1,082 BTC, worth around $70 million, was quietly stolen from over 1,100 wallets before the wallet maker publicly warned users about the security issue.Old F

Chainalysis Analyzes Over $38 Million Coldcard Exploit as Attackers Target High-Value Wallets

Chainalysis Analyzes Over $38 Million Coldcard Exploit as Attackers Target High-Value Wallets

Chainalysis said its analysis of the Coldcard exploit involving more than $38 million showed that attackers first targeted the highest-value wallets, including one holding $1.8 million, indicating that victims had been profiled before the transfers began. According to Odaily, about $30 million was s

Chainalysis Says Coldcard Exploit Targeted High-Value Wallets Before Theft

Chainalysis Says Coldcard Exploit Targeted High-Value Wallets Before Theft

Chainalysis said an analysis of the more than $38 million Coldcard exploit showed that attackers first targeted the highest-value wallets, including one holding $1.8 million, indicating victims were profiled before asset transfers began. According to ChainCatcher, about $30 million was stolen in the

Arthur Hayes Deposits 2,364.38 ETH and Receives 4.3 Million USDC at a Loss

Arthur Hayes Deposits 2,364.38 ETH and Receives 4.3 Million USDC at a Loss

Arthur Hayes deposited 2,364.38 ETH into Cumberland and Galaxy Digital over the past two hours and received 4.3 million USDC in return. According to Odaily, he sold the ETH at $1,821, resulting in a loss of $241,000, or 5.3%. He previously bought 7,213 ETH at about $1,923 each.

trade.xyz Completes USDC Compensation Distribution After July 27 Hynix Pricing Error

trade.xyz Completes USDC Compensation Distribution After July 27 Hynix Pricing Error

trade.xyz said on August 1 that it has completed compensation distributions for the July 27 contract pricing anomaly involving Hynix. According to Odaily, users do not need to take any additional action to receive the USDC compensation.The announcement said compensation was calculated using a refere

Minnesota Law Banning Crypto ATMs Takes Effect August 1

Minnesota Law Banning Crypto ATMs Takes Effect August 1

Minnesota's new state law banning crypto ATMs will take effect on August 1. According to Odaily, crypto ATMs in the state must stop operating by August 1 and be physically removed from stores and other locations by year-end.At the time the law was passed, Minnesota had about 350 licensed crypto ATMs

Minnesota Ban on Crypto ATMs Takes Effect August 1

Minnesota Ban on Crypto ATMs Takes Effect August 1

A new Minnesota state law banning crypto ATMs will take effect on August 1. According to Odaily, the machines must be taken offline by August 1 and physically removed from stores by the end of the year.At the time the bill was passed, there were about 350 licensed crypto ATMs in the state operated b

Russia to Ban Crypto Mining in Moscow, Moscow Region, and Parts of Kursk From August 15

Russia to Ban Crypto Mining in Moscow, Moscow Region, and Parts of Kursk From August 15

Russia will ban cryptocurrency mining in Moscow, the Moscow region, and eight districts in the Kursk frontier region starting August 15. According to ChainCatcher, the restriction will remain in force until December 31, 2032.The ban also covers eight municipal districts in Kursk region and the city