🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Bitcoin Falls Amid Prolonged Bottoming, Consolidation Phase — Market Talk

Bitcoin Falls Amid Prolonged Bottoming, Consolidation Phase — Market Talk

Bitcoin falls in Asian trade as it remains in a prolonged cyclical bottoming and consolidation phase, CoinMarketCap analyst Ray Salmond says. Traders appear to have already priced in the fallout from the U.S. Congress's failed push to advance the pro-crypto Clarity Act, which has faced opposition fr…

Pendle: PT Looping offers higher leverage - 10 Aug 2026

Pendle: PT Looping offers higher leverage - 10 Aug 2026

Pendle announces that PT Looping now offers 1 to 2x higher leverage across all markets, expanding the leverage available to users of the product.By raising the leverage ceiling across Pendle's markets, the change makes leveraged yield strategies more accessible to PT users. Because the update covers…

Bitcoin Core Developer Murch Proposes Removing Luke Dashjr as BIP Editor

Bitcoin Core Developer Murch Proposes Removing Luke Dashjr as BIP Editor

Bitcoin Core developer Murch has proposed removing Luke Dashjr from his BIP editor role on X. According to Odaily, Murch said Dashjr participated in BIP-110 and accused him of inconsistently using editor privileges, including assigning a BIP number to the proposal in advance and quickly merging upda…

IMF's Dan Katz Says Local-Currency Stablecoins Could Drive Users Toward Dollar Tokens

IMF's Dan Katz Says Local-Currency Stablecoins Could Drive Users Toward Dollar Tokens

IMF First Deputy Managing Director Dan Katz said local-currency stablecoins designed to reduce reliance on dollar stablecoins could instead make users more likely to move into digital dollars. According to ChainCatcher, Katz said that if local-currency stablecoins and dollar stablecoins operate on t…

South Korean Lawmaker Plans Bill To Delay Crypto Income Tax To 2030

South Korean Lawmaker Plans Bill To Delay Crypto Income Tax To 2030

South Korean People Power Party lawmaker Chung Seong-guk plans to introduce a bill that would delay the start date for taxing virtual asset income from January 1, 2027, to January 1, 2030. According to Odaily, current rules classify income from virtual asset transfers or lending as other income and …

EIP-8363 Proposal Would Gradually Burn Ethereum Staking Rewards as Staked Supply Rises

EIP-8363 Proposal Would Gradually Burn Ethereum Staking Rewards as Staked Supply Rises

Ethereum Improvement Proposal EIP-8363, also called Tapered Issuance Burn, has entered the public discussion, according to a proposal put forward by Ethereum Foundation researcher Justin Drake, EthCC founder Jérôme de Tychey, and other core developers. The plan would gradually increase the share of …

South Korean Exchanges End Trading Support for 394 Cryptocurrencies Since 2022

South Korean Exchanges End Trading Support for 394 Cryptocurrencies Since 2022

South Korea’s Financial Supervisory Service said virtual asset exchanges ended trading support for 394 cryptocurrencies from 2022 through May this year. According to Odaily, project risk was the most common reason, with 155 cases, followed by investor protection risk with 108, market risk with 56, t…

Study Finds Only 32% to 56% of U.S. Crypto Taxpayers Report Transactions to the IRS

Study Finds Only 32% to 56% of U.S. Crypto Taxpayers Report Transactions to the IRS

A new study published in the academic journal Review of Accounting Studies found that only 32% to 56% of U.S. taxpayers who hold virtual currencies actually report their transactions to the federal government. According to ChainCatcher, the discrepancy between broker reports and taxpayer filings is …

Zcash (ZEC) Breaks 9-Year Trend vs. Bitcoin (BTC): Why the Old Rules of Crypto Market Are 'Dead'

Zcash (ZEC) Breaks 9-Year Trend vs. Bitcoin (BTC): Why the Old Rules of Crypto Market Are 'Dead'

This week, the  made a historic technical breakout that officially confirmed the end of the crypto market's old rules, according to Placeholder venture fund co-founder Chris Burniske. After confidently breaking out of a prolonged nine-year downtrend, the asset consolidated at 0.007904 BTC.This value…

XRP Already Meets Clarity Act Rules, Lawyer Says

XRP Already Meets Clarity Act Rules, Lawyer Says

XRP may already satisfy the requirements that are needed to be treated as a digital commodity under the proposed CLARITY Act, according to analyst Bill Morgan.The lawyer has argued that the bill’s maturity framework goes beyond its 20% ownership threshold.The comments come in response to concerns ov…

Ripple's Ex Chief Engineer Slams New XRP Ledger Expansion Plan as 'Really Bad Idea'

Ripple's Ex Chief Engineer Slams New XRP Ledger Expansion Plan as 'Really Bad Idea'

An attempt to has sparked a heated technical debate in the crypto community. The discussion was triggered by a radical proposal to increase the limit of the transaction Memo field by 1,200 times, from the current 1 KB to approximately 1.3 MB.Blockchain enthusiasts have already begun discussing the u…

Satoshi's Bitcoin Fortune Now Worth $71 Billion Amid Recent Selloff

Satoshi's Bitcoin Fortune Now Worth $71 Billion Amid Recent Selloff

is currently trading at $65,172, down 48.37% from its record highs. It has racked up losses for a significant portion of its holders, including its pseudonymous founder .Satoshi's wallets, which have been untouched since 2010, hold about 1.096 million Bitcoin according to Arkham data. This is curre…