XRP extended its decline on Aug. 5, 2026, trading near $1.07 as buyers struggled to move the token away from its lower range. Summary XRP trades near $1.07 as weak momentum keeps the token pinned above crucial technical support. CoinGlass data shows open interest near $2.25 billion after leveraged positions continued unwinding across exchanges. CryptoQuant
Four of the largest banks in the United States are building a shared network that will let corporate clients move tokenized deposits around the clock, seven days a week. The project, coordinated through The Clearing House, is targeting a first half 2027 launch. It is the clearest sign yet that Wall Street is no longer
The once second-largest meme coin by market cap is now out of the top 100 alts, losing 98% of its value in a year and a half. US Senators Elizabeth Warren and Richard Blumenthal have sent a letter to SEC Chair Paul Atkins asking the agency to investigate President Donald Trump’s meme coin, arguing
US and UK financial regulators have expanded talks on stablecoins, tokenization and digital asset oversight as Washington begins implementing the GENIUS Act. Summary The 13th UK-US regulatory meeting took place in London on July 8. US officials briefed UK regulators on GENIUS Act implementation and crypto market structure. Both governments support one-to-one stablecoin backing and
In Bitcoin ETF news today, Hashdex is pulling the plug on its spot BTC ETF (NYSE Arca: DEFI). The fund held just $14.7M in assets as of July 30, 2026, according to Hashdex’s official press release on GlobeNewswire. It claims to be well below the scale needed to sustain a competitive crypto ETF in today’s
Recent on-chain data shows roughly 155,000 BTC moved into the $62,000 to $65,000 cost-basis range during the pullback. Bitcoin finished July on a strong note before losing momentum at the start of August with two straight daily closes below $63,000. The decline has raised fresh caution even as blockchain data points to steady buying
The CLARITY Act was absent from the U.S. Senate’s Aug. 4 schedule, narrowing the window for lawmakers to advance the crypto market structure bill before their August recess. Summary H.R. 3633 was not included in the Senate’s official Tuesday schedule. No cloture motion had been filed for the bill, leaving Friday as the earliest possible
In Bitcoin news today, Strategy (MSTR) has sold 1,638 BTC for approximately $105M, according to a recent 8-K filing with the SEC, marking six consecutive weeks without a single Bitcoin purchase and continuing a clear pivot away from the firm’s historic accumulation strategy. The sale is notable because Strategy has staked its business on accumulating,
Ripple’s cross-border token has plunged by 5% over the past month to the current $1.07. This is just above the crucial $1.06 zone, which, according to some analysts, can trigger the next decisive breakout. Bulls vs. Bears Ali Martinez believes that “everything comes down to $1.06 for XRP.” In his view, holding the line could
Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Summary Bitcoin price recovered from $62,400 to above $64,000 as geopolitical concerns eased. A 4-hour close above $64,300 could open a move toward $65,500 and $66,500. Sell orders