U.S. spot XRP exchange-traded funds (ETFs) have extended their streak of positive momentum. 

Although Aug. 4 ended with flat flows, the broader trend points to steady institutional confidence.

According to the latest market data, U.S. spot XRP ETFs recorded $0 in net inflows on Aug. 4. Funds attracted $1.15 million on Aug. 3, $7.69 million on July 31, $5.98 million on July 30 and $584,710 on July 29.

Taken together, those sessions brought in approximately $15.4 million before inflows paused. The latest flat session therefore extends the streak of trading days without outflows to four.

Despite the absence of new money on Aug. 4, cumulative net inflows across all U.S. spot XRP ETFs remained at a robust $1.51 billion. 

Total net assets stood at approximately $1 billion, equivalent to about 1.49% of XRP's total market capitalization. 

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Total value traded across XRP ETFs came in at $7.49 million, down from $9.99 million on Aug. 3 and below the roughly $10.3 million recorded on July 29. 

Even though the volumes eased, the lack of redemptions indicates that investors largely held their positions rather than exiting the market.

As reported by U.Today, XRP-focused ETFs stood out last week by attracting $15 million in net inflows. In comparison, Bitcoin ETFs saw $0.6 million in net outflows, Solana ETFs lost $17 million, and Ethereum ETFs posted a modest $0.4 million in inflows.

Bitwise's spot XRP ETF remains the largest fund by assets under management. It is followed by Franklin's XRPZ with roughly $258 million and Canary's XRPC with about $250.2 million.

21Shares' TOXR manages approximately $116.7 million, while Grayscale's GXRP oversees around $59.4 million. Combined, the five U.S. The recent streak follows a month marked by generally resilient investor demand. Since the start of July, XRP ETFs have experienced only a handful of outflow sessions, the largest being a $7.29 million withdrawal on July 8. Most other trading days either attracted fresh capital or finished with neutral flows.

With few indications that a significant reversal is taking place, Dogecoin is still struggling within a well-established downtrend. Following months of price declines, DOGE is currently trading close to $0.070, staying below all of the daily chart's major moving averages. Although the asset has stabilized since its June sell-off, this has not resulted in a resurgence of bullish momentum on its own. 

The technical framework is still inadequate. There are several layers of resistance between $0.075 and $0.085 as the 50-day and 100-day EMAs continue to slope downward, while the 26-day EMA is slightly above the current price. 

The distance DOGE would need to recover before the long-term trend could be deemed neutral once more is highlighted by the 200-day EMA, which is still much higher at $0.10. 

Momentum indicators present a similarly cautious picture. The RSI, which is currently hovering around 44, has somewhat recovered from oversold territory, indicating that selling pressure has lessened but buyers have not yet gained control. Additionally, volume has been declining during the recent consolidation, suggesting that neither side is very convinced. 

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It's important to keep an eye on the $0.07 support zone. While regaining the 50-day EMA would be the first technical indication that bullish momentum is returning, a break below it might expose DOGE to another leg lower. Until then, Dogecoin is still stuck in a general bearish trend with low volatility.

As buyers and sellers continue to compete around the $1.08 region, XRP is still trapped in consolidation. Although the asset has managed to avoid another breakdown below the psychologically significant $1 mark, each attempt at recovery has stalled below declining moving averages. 

According to the chart, XRP is currently trading slightly below the 26-day and 50-day EMAs, with the 100-day EMA at $1.20 remaining the next significant barrier. The overall market structure has not yet changed in favor of bulls, as evidenced by the long-term 200-day EMA around $1.39, which is still trending lower. In contrast to earlier weeks, volatility has significantly decreased. 

The fact that XRP is shifting within a progressively smaller range indicates that a more significant directional move might be imminent. The RSI is near 46, indicating balanced momentum where neither buyers nor sellers have a distinct advantage. The $1.00 psychological level continues to be the most crucial support. 

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Since June, bulls have defended that zone multiple times, but over time, repeated tests tend to erode support. The likelihood of a move toward the 100-day EMA would significantly rise if XRP were to recover the 50-day EMA and establish closes above $1.10. 

On the other hand, losing $1 would probably increase selling pressure and render the current consolidation phase invalid. The market is currently waiting for a catalyst to identify XRP's next significant trend, so it is still range-bound. 

After one of its biggest corrections of the year, Hyperliquid is trying to stabilize. Before finding support around the 200-day exponential moving average near $50, the asset lost almost 30% in a few weeks after a rally that propelled HYPE above $75. 

The significance of that long-term trend indicator has once again been demonstrated, leading to a recovery that has driven HYPE back toward $56. Although encouraging, the recovery process is still ongoing. HYPE is currently challenging the 50-day EMA at $58 after regaining the 26-day EMA. 

This moving average is the first significant obstacle for bulls because it aligns with a prior support area that became resistance following the July breakdown. Momentum remains mixed. 

Although the Relative Strength Index has moved back from oversold territory, it is still below 50, suggesting that the bearish momentum has subsided without completely giving way to a bullish trend. During the recent rebound, trading volume also significantly decreased, indicating that buyers are returning cautiously rather than aggressively. 

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Whether HYPE can retake the $58-$60 range will determine the technical outlook. In the event of a successful breakout above the 50-day EMA, sellers are likely to resume their activity at the 100-day EMA, which is close to $63. 

However, the likelihood of another retest of the 200-day EMA around $50 would rise if current levels were to fail. HYPE is still in a corrective phase until it starts generating higher highs above its medium-term moving averages, despite the recent rebound.

Bitcoin has recovered from its June decline and is still trading in a narrow consolidation range. The asset's price action is compressed between the 26-day and 50-day exponential moving averages, and it is currently trading at approximately $63,800. This indicates that the market has reached equilibrium but has not yet decided on its next course. 

Every attempt at a recovery is still capped by the 50-day EMA at $67,000, while the 100-day and 200-day EMAs are still much higher, supporting the overall bearish trend. Bitcoin hasn't broken below $60,000 yet, but it hasn't gained enough momentum to overcome stronger resistance levels either. 

The lack of directional momentum is confirmed by the RSI, which is nearly exactly at 50. Trading volume has continued to decline during the recent sideways movement, and neither buyers nor sellers currently have a clear advantage. 

When volatility returns, such conditions frequently precede a larger breakout. The 50-day EMA is the first significant barrier, while immediate support remains close to $60,000. 

The technical outlook for Bitcoin would be enhanced by a clear move above that level, which might draw attention to the 100-day EMA around $72,000. Until then, the market is waiting for a catalyst that can end the current period of uncertainty, and Bitcoin is still range-bound.

Jay Clayton, the former U.S. Securities and Exchange Commission (SEC) chairman who authorized the agency's landmark lawsuit against Ripple, has officially been sworn in as the new U.S. Director of National Intelligence (DNI).

The swearing-in ceremony was announced Tuesday by White House Special Assistant Margo Martin after Clayton secured Senate confirmation in a narrow 51-47 vote.

He now becomes the nation's top intelligence official. Clayton will be responsible for overseeing the U.S. intelligence community after succeeding Tulsi Gabbard.

For the cryptocurrency industry, however, Clayton's name remains closely associated with the notorious lawsuit against Ripple, 

On Dec. 22, 2020, the regulator filed its high-profile lawsuit against Ripple Labs, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen. This was Clayton's last day as the head of the agency. 

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Clayton left the SEC immediately afterward, but the case continued under his successor, Gary Gensler, before Ripple ultimately secured a series of major courtroom victories that reshaped the SEC's approach to crypto enforcement.

Ironically, Clayton's relationship with the digital asset industry changed significantly after leaving the SEC.

In March 2021, he joined the advisory council of One River Asset Management, whose digital asset division was focused on Bitcoin and Ethereum investments. 

Just months later, he also joined the advisory board of crypto infrastructure company Fireblocks. At the time, Clayton described Fireblocks as "a leader in the evolving digital asset space" and argued that digital asset custody should strive for stronger regulatory certainty while maintaining institutional-grade security.

Since leaving office, Clayton has also expressed optimism about blockchain. He has also voiced support for developing clear rules for stablecoins, decentralized finance and Bitcoin exchange-traded products.

More recently, Clayton predicted that comprehensive U.S. cryptocurrency legislation would likely emerge under the current administration. 

The XRP Ledger (XRPL) has taken another step toward broader blockchain interoperability with the launch of native cross-chain transfers through Axelar Network.

Because of this integration, both the XRP Ledger and the XRPL EVM Sidechain are available via the Axelar App. This allows users to move supported assets across multiple blockchain networks with little to no friction. 

Initially, the integration supports XRP alongside several other assets, including SHx, USDf, SOIL, WETH, WBTC, mBTC, mTBILL and mXRP.

The XRP Ledger Foundation has noted that users can now "move assets cross-chain and settle in seconds on the XRP Ledger."

Cross-chain infrastructure is meant to solve interoperability, which remains one of the biggest challenges in the realm of blockchain. 

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Interoperability protocols such as Axelar make it possible for tokens to move securely between different blockchains. This expands liquidity, opens broader access to DeFi applications, and lets developers interact with assets on multiple networks. 

Ripple and the XRP Ledger ecosystem continue to expand their focus beyond payments. 

Earlier this week, Ripple announced investments in ZILO and Licuido, further developing capital markets on the XRP Ledger. 

The move follows Aviva Investors' tokenization of its U.S. Dollar Liquidity Fund on XRPL.

Ripple President Monica Long recently said the industry has reached a turning point, with financial institutions now moving from testing to production deployments.

She reiterated that Ripple aims to provide the full infrastructure stack for using tokenized assets on the XRP Ledger.

Infrastructure improvements have also continued elsewhere across the ecosystem. Earlier this week, the XRP Ledger Foundation announced a partnership with Ankr to expand globally distributed XRPL node infrastructure.

Meanwhile, the foundation is collaborating with VS1 Finance on an open-source reference application for lending on XRPL.

In the meantime, XRPL developers are preparing for the upcoming xrpld 3.3.0 release. According to XRP Ledger Operations, 100% of dUNL validators have already upgraded to XRPL 3.2.1.

Coinbase Vice Chair Ryan VanGrack recently told CBS News that the much-talked-about Clarity Act would still be on track to pass before the August recess. 

VanGrack claims that he remains optimistic because legislation is never linear. "Last-minute negotiations and compromises are the norm, not the exception when it comes to DC," the Coinbase executive stated.  

He has noted that the substance is largely done, given that there is a "multi-hundred-page bill" with customer protections and law enforcement tools. 

According to VanGrack, it is particularly significant that this bill is the product of extensive negotiations with Republicans and Democrats. "And, typically, when the substance is good, and it is done on a bipartisan basis, you usually end up in the right place in the end…" VanGrack added. 

VanGrack has stated that the bill will actually help to clarify which activities belong in one space. 

"Crypto has been around for 15 years, and no one took the time to figure out where this new technology fits within these categories," he added. 

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The executive claims that investors and innovators will finally know who they have to interact with. 

"The industry is seeking to be regulated. It is not fighting against it…In fact, Coinbase sued the SEC to try to get it to promulgate rules and regulations," VanGrack added. 

Senate Democratic leadership is reportedly trying to delay a key procedural vote on the crypto market structure bill, arguing that it is too early to proceed before the White House responds to a bipartisan ethics proposal. Despite that push, Senate Majority Leader John Thune has insisted that the procedural vote will still take place.

At the same time, Coinbase CEO Brian Armstrong has publicly renewed pressure on lawmakers to pass the legislation.

The mounting uncertainty has also affected market sentiment. Research firm Bernstein warned that failure to pass the CLARITY Act could weigh on crypto asset valuations by prolonging regulatory uncertainty in the U.S.

According to Polymarket, the odds of the CLARITY Act becoming law in 2026 have fallen to just 24%, down sharply from 57% in early June. 

Hyperliquid has recorded a new milestone, with open interest in traditional asset markets (HIP-3) surpassing $4.13 billion for the first time, according to Hyperscreener ASXN. Meanwhile, daily trading volume saw an extraordinary jump, soaring 229% to $4.87 billion and fully exceeding the amount of capital held on the platform.

While traditional stock exchanges are closed, crypto traders are shifting en masse from memecoin speculation to 24/7 trading in tokenized stocks, commodities and indices on blockchain rails.

Contracts tied to shares of memory chip manufacturers SK Hynix and Micron Technology surged into the top-traded markets, allowing traders to react instantly to overnight news.

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The main source of disruption in the equities section over the past 24 hours was Palantir (PLTR), whose explosive 25.86% gain topped the list of the day's best performers. This move triggered a major wipeout of leveraged positions, causing daily liquidations across markets deployed by xyz to jump 544% and exceed $19.25 million.

However, this new Hyperliquid all-time high also has a downside, as the free market quickly eliminated weaker players and led to a near-total monopoly.

Infrastructure project xyz has captured almost complete control over liquidity on Hyperliquid, accumulating $4.12 billion of the total $4.13 billion. Amid this, smaller deployers are barely holding a modest $15 million to $20 million, while one of the ecosystem's pioneers, the Felix protocol, has already officially announced the closure of its markets.

Such harsh conditions are explained by the platform's tokenomics, as a major participant must lock 500 million HYPE tokens as collateral to launch a trading interface, while half of the fees generated are directed toward HYPE buybacks.

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The explosive growth of the RWA sector has demonstrated that round-the-clock stock trading on blockchain rails is no longer a hypothetical experiment, but a mature market with billions of dollars in turnover. 

However, as it continues to scale, the decentralized industry will have to address a classic challenge — how to develop an ecosystem in which virtually all real liquidity is concentrated in the hands of a single monopolist.

As Ripple continues to expand the XRP Ledger infrastructure, facilitating adoption among institutions, the blockchain has continued to see a rapid increase in its holder count.

Following Ripple's persistent push, XRP Ledger is seeing renewed momentum in its tokenized asset market as the latest data from the real-world asset ecosystem shows that its number of RWA holders has soared by 25.16% over the last month.

Just a few days ago, Ripple disclosed its new investments in two major companies solely for the purpose of advancing the XRP Ledger infrastructure to foster institutional adoption of tokenized assets on the blockchain.

Ripple's consistent push and expansion into the capital market follows its plan to position the XRP Ledger as a leading platform for institutional finance and real-world asset tokenization.

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Apart from the surge in its RWA holders, data also shows that over a thousand developers and businesses are building on the network as XRP Ledger continues to expand its infrastructure to offer enterprise-grade reliability, scalability, and cost-efficient transactions.

Despite the notable surge in RWA holders on the XRP Ledger, its stablecoin market did not show any major recovery; rather, it painted a mixed picture.

Per the data, the stablecoin market capitalization on the XRP Ledger has fallen by 9.04% to $901.4 million over the same period.

However, the number of stablecoin holders also flashed positive momentum, surging modestly by 0.92% over the 30-day period to more than 60,240 addresses.

Digital Currency Group (DCG) CEO Barry Silbert, who remains one of the crypto industry's biggest entrepreneurs, has shared a major infrastructure milestone within his portfolio as DCG-controlled mining platform Fortitude has officially confirmed the acquisition of a new 12.5 MW data center in Prosser, Nebraska.

The deal, valued at approximately $4.7 million, pushed Fortitude's total owned power portfolio beyond 60 MW. The new milestone expands DCG's industrial foundation for mining Zcash (ZEC). The holding company's chief openly calls financial privacy "a fundamental right" and his next "large asymmetric bet" in the crypto industry.

Over 60 MW’s and counting, @FortitudeCrypto continues to stack its owned power portfolio behind Zcash $ZEC$HSCS https://t.co/WThO4HPwYH

— Barry Silbert (@BarrySilbert) August 4, 2026

For most market participants, the focus on Zcash looks unconventional, but for Fortitude, it is pure mathematics. The Prosser site has become the company's third facility in Nebraska. Deploying infrastructure within a single regional cluster gives the miner several operational advantages:

• Lower electricity costs. Concentrating its facilities in Nebraska gives Fortitude an electricity rate of around $0.045 per kWh.
• Lower Zcash production costs. Thanks to cheap energy, the direct cost of mining one ZEC falls by 40% to $40 per coin.
• Control over the network's hash rate. Taking into account its $31.5 million contract with Bitmain to purchase 9,000 Antminer Z15 Pro miners, the company's share of Zcash mining will exceed 28%.

Fortitude's infrastructure push continues Silbert's thesis that Bitcoin has lost its anonymity because of analytics services such as Chainalysis.

Explaining his stance on assets with the potential for exponential growth, the creator of the GBTC Bitcoin trust stated: "Bitcoin is not going to go up 500x unless the US dollar completely collapses. I think Zcash or Bittensor can achieve that type of return. Our portfolio is weighted accordingly."

According to his estimates, up to 10% of Bitcoin liquidity, which is now about $128 billion, will flow into privacy-focused cryptocurrencies. 

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Alongside the installation of the equipment, Fortitude is finalizing its merger with publicly traded medical technology company HeartSciences (HSCS). It is an all-stock transaction, and the preliminary proxy statement is already under review by the SEC.

Silbert's plan is pragmatic: close the merger in the second half of 2026, change the ticker to TUDE, and list the first publicly traded institutional Zcash mining platform in history on Nasdaq.

Ripple minted $133.3 million in RLUSD on the XRP Ledger on August 3, according to data from the Ripple stablecoin tracker website.

The substantial mint on the XRP Ledger comes amid growing activity for RLUSD and rising demand for stablecoin liquidity. The minting introduces new liquidity to the XRPL ecosystem, where RLUSD has been broadening its role across payments, decentralized finance, and institutional use cases.

In the last seven days, $185 million in RLUSD has been minted on the XRP Ledger, bringing the total to $309 million in the last 30 days. RLUSD supply on the XRP Ledger has surpassed $850 million, currently at $851 million.

Ripple introduced "Ripple Mint" last month, allowing institutions to mint and redeem RLUSD directly from the source, bridge the stablecoin across chains, and track funds across the full lifecycle of a transaction. Through the feature, they can also integrate RLUSD operations into internal systems or workflows.

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Expectations are building around the upcoming XRP Ledger Lending protocol, which will allow institutions and other projects to lend and borrow XRP or RLUSD and is regarded as a major unlock for on-chain liquidity.

In a major development, XRP holders can now borrow RLUSD on Ethereum through Sentora, which manages a $280 million lending pool of Ripple's RLUSD stablecoin.

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According to a recent Flare announcement, XRP holders can now use its wrapped XRP (FXRP) as collateral to borrow Ripple's RLUSD stablecoin on Ethereum via a new isolated market on Morpho Blue.

Flare's wrapped XRP (FXRP) has been accepted as collateral by Sentora, which manages a $280 million lending pool of Ripple's RLUSD stablecoin. Borrowers post FXRP and take out RLUSD against it. The approval opens an isolated FXRP/RLUSD market on Morpho Blue, where holders can borrow against XRP exposure rather than sell it.

In a separate development, Ankr's public RPC infrastructure is now live on XRP Ledger, giving developers direct access to the network without running their own nodes.

Major crypto exchange Binance revealed its decision to delist four spot trading pairs later this week.

In an announcement, Binance stated it will remove and cease trading on four spot trading pairs, including QNT/BTC, RPL/USDC, SIGN/BNB, and SKL/USDC.

The delisting, which resulted from its most recent reviews, will be carried out on August 7 at 03:00 (UTC).

Binance explains the delisting action as one that is done to protect users and maintain a high-quality trading market, as part of which it conducts periodic reviews of all listed spot trading pairs. Selected spot trading pairs may be delisted due to multiple factors, including poor liquidity and trading volume.

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Binance will simultaneously terminate Spot Trading Bots services for the QNT/BTC, RPL/USDC, SIGN/BNB, and SKL/USDC spot trading pairs where applicable. Users are strongly advised to update and/or cancel their spot trading bots prior to the cessation of spot trading bot services to avoid any potential losses.

Along these lines, Binance will be delisting six crypto tokens at a later date in August.

Based on its most recent reviews, Binance stated it has decided to delist and cease trading on all spot trading pairs for six tokens: Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC) on August 17 at 03:00 (UTC).

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Binance's decision to delist Vanar (VANRY) comes as the exchange will not support the token's contract swap plan.

Deposits of ACX, HFT, PIVX, PYR, VANRY, and VIC tokens will not be credited to users' accounts after August 18 at 03:00 (UTC). Withdrawals of these tokens from Binance will not be supported after October 17 at 03:00 (UTC).

Binance Spot Copy Trading will delist the aforementioned spot trading pairs on August 10 at 03:00 (UTC).

Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned tokens on August 8 at 09:00 (UTC), with the contracts delisted after the settlement is complete.

TL;DR

• GRAM/Telegram App Store incident: Apple pulled Telegram worldwide over a content-policy violation on Aug. 4, causing the GRAM price to drop by over 6% to $1.297 before rebounding to $1.3818 after Telegram removed the content and Apple restored the app hours later.
• XRP-backed RLUSD loans: Flare's wrapped FXRP token is now approved collateral in Sentora's $280 million lending vault on Morpho Blue, letting large XRP holders borrow Ripple's RLUSD stablecoin without selling their XRP.
• Bitcoin undervaluation signal: CryptoQuant's UTXO Age Bands data shows "young" BTC supply at a multi-year low — a pattern last seen at the 2015, 2019, and 2022 cycle bottoms — pointing to an accumulation phase, with a bull cycle expected closer to 2027.
• ETF flows vs. wallet hack: U.S. spot Bitcoin ETFs added $170.1 million on Aug. 3, while spot Ethereum ETFs saw $11.42 million in outflows. In the meantime, a Coldcard hardware-wallet exploit stole roughly 1,596 BTC worth around $130 million from about 7,300 addresses.

On the night of Aug. 4, the GRAM token took investors on a real rollercoaster ride, instantly falling by more than 6% to $1.297 before sharply recovering to $1.3818. The price turbulence was caused by Telegram's sudden removal from Apple's App Store.

The application temporarily disappeared from Apple's marketplaces worldwide, including in the United States, India, Australia, and Singapore. According to Reuters, the trigger was user-generated content that violated the platform's rules. Telegram's developers quickly removed the violating content and blocked its author, after which Apple fully restored the messenger to the marketplace.

Traders' reaction to the ban news formed a deep red candle on the intraday GRAM/USDT chart by TradingView. However, the sell-off did not continue. As soon as the application returned to the marketplace, buyers aggressively bought the dip, forming a powerful green candle and returning the asset to its previous trading range.

Perhaps the main takeaway for cryptocurrency investors is that, despite strong fundamental support in the form of Pavel Durov's direct backing and announcements of integrated wallets, GRAM remains hostage to the regulatory risks surrounding Telegram, which is already attracting close attention from authorities in France and Australia.

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Large XRP holders can now obtain dollar liquidity against their tokens without having to sell them. This became possible after Flare Networks' wrapped FXRP token was officially approved as collateral in Sentora's lending vault on the Morpho Blue platform on Ethereum.

The pool allocated for these operations totals $280 million.

Sentora, the institutional curator, added the asset to the listing after a detailed analysis of the token's market behavior, decentralized oracle performance, and automatic liquidation mechanisms.

The lending chain works in three stages: users mint FXRP on Flare at a 1:1 ratio to XRP through the FAssets protocol, transfer it to Ethereum through the Stargate bridge, and lock it in the pool as collateral to borrow Ripple's regulated RLUSD stablecoin.

"This is something we have been working toward for a while," Flare Networks co-founder Hugo Philion commented on the launch. He emphasized that the lending market curated by Sentora "opens the door for much larger FXRP lending markets and for institutions that hold billions of XRP to participate." In effect, the project has deployed full-scale lending rails for large capital directly on the Ethereum mainnet.

According to the developers, the integration addresses the issue of XRP's utility in the DeFi sector while simultaneously stimulating the issuance of the stablecoin itself.

As the next step, the Flare team is already designing a smart account system that will automate the process and transfer liquidity directly from XRPL into RLUSD.

Bitcoin is stuck in a zone of deep undervaluation, while total apathy has taken over the market — and for long-term investors, this is the best possible signal. Fresh on-chain analysis from CryptoQuant shows that the current calm closely mirrors market behavior at the bottom of previous cycles.

The main indicator here is the age of coins on the network, measured by the UTXO Age Bands metric. The share of "young" capital — Bitcoin that has been actively traded during the past month — has fallen to a critical low. This means that casual speculators and retail investors have completely lost interest in crypto and left the market.

Bitcoin's supply is now almost entirely controlled by long-term holders who are simply maintaining their positions and refusing to sell the asset at current prices.

The same picture of total boredom and a shortage of actively traded coins has been recorded on the chart only three times in history: in 2015, 2019, and 2022. Each time, this phase preceded the beginning of a major reversal.

According to the on-chain analysis, Bitcoin has already entered a bottoming structure from the perspective of its four-year cycles. It is impossible to identify the exact price bottom down to the dollar, but the current price range represents a classic accumulation zone ahead of the next major bull market, which analysts expect closer to 2027.

Institutional capital is stabilizing the market, with a one-day inflow into U.S. spot Bitcoin ETFs offsetting recent selling pressure and fears surrounding isolated hacking incidents.

While Bitcoin remains in a range just below key technical barriers, the long-term trend is shifting toward the deep integration of tokenized deposits by major global banking institutions such as Wells Fargo.

Key checkpoints:

• ETF momentum accelerates: After a period of uncertainty, U.S. spot Bitcoin funds recorded net inflows of $170.1 million on Aug. 3, 2026. BlackRock's IBIT led the market with $111.43 million in inflows, while spot Ethereum ETFs recorded a modest outflow of $11.42 million.
• Bitcoin consolidation range: The leading cryptocurrency is trading within a consolidation range between $56,300 and $66,000. Despite a bullish divergence on the daily RSI after it reached oversold territory, a clean breakout above the nearest local resistance is required to initiate a sustainable growth scenario.
• Major hardware wallet vulnerability: Galaxy Research confirmed that an exploit targeting a Coldcard vulnerability resulted in the theft of 1,596 BTC from approximately 7,300 addresses. Total estimated losses involving at least 15 coordinated hackers could reach 2,000 BTC, worth approximately $130 million.
• Commercial tokenization takes root: Wells Fargo, with $2.2 trillion in total assets, officially announced the upcoming launch of tokenized deposits for corporate clients this fall. The initiative, built on a proprietary blockchain, is targeting 24/7 settlements by mid-2027 in cooperation with JPMorgan and Citigroup.

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After more than half a trillion SHIB left exchanges in the past 24 hours, Shiba Inu is displaying a mixed on-chain picture. A positive net exchange flow of about 197 billion SHIB resulted from total outflows of almost 406 billion SHIB, despite exchange inflows exceeding 603 billion SHIB. 

The average outflow size increased concurrently, indicating that large holders are still removing significant amounts of tokens from trading platforms despite an increase in overall exchange reserves. This combination produces an unusual dynamic. Because they show that more tokens are easily accessible for trading, rising exchange reserves are usually seen as a bearish signal. 

Elevated exchange withdrawals, however, frequently indicate that investors are accumulating assets with the intention of holding them in self-custody rather than selling them right away. The fact that both trends coexist indicates that there is currently a lot of two-way activity in the market rather than outright distribution. That equilibrium is reflected in price action. Following a dramatic rebound from its July lows, SHIB is currently trading at about $0.00000500. 

After last week's breakout, the token is still above the 26-day and 50-day exponential moving averages, but it is currently consolidating just below the 100-day EMA. Since the start of the year, bullish attempts have been consistently rejected by that moving average, which has become the main resistance level.  

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Since the Relative Strength Index is above 60, buyers are still in charge of the short-term trend without going into extremely overbought territory. More significantly, the breakout had more technical credibility than earlier attempts at recovery because it was accompanied by one of the biggest volume spikes in several months. 

Alongside the increase in trading activity, the on-chain metrics also reveal a slight increase in active sending and receiving addresses, indicating improved network participation. 

Even though these adjustments are minor, they show that derivatives speculation is not the only factor driving the recent shift. The ability of buyers to absorb the extra supply that appears on exchanges will probably determine the next course. 

The present consolidation may serve as the basis for a more extensive recovery if SHIB breaks clearly above the 100-day EMA with another increase in volume. On the other hand, the market might find it difficult to maintain its recent gains if exchange reserves keep rising while purchasing activity declines.

For the time being, the withdrawal of about half a trillion SHIB indicates that larger holders are still participating, but investors should keep a close eye on incoming flows due to the rise in exchange balances. The conflict between available selling supply and accumulation is increasingly driving SHIB's current price movement.

BlackRock, one of the world's largest asset management firms, has made a bullish Bitcoin move after Bitcoin briefly moved into the green zone.

Latest onchain data shows that the leading Bitcoin ETF provider has purchased over $111 million worth of Bitcoin following a positive trading day for its Bitcoin fund.

The move has sparked discussions as BlackRock continues to show mixed sentiments, buying and dumping Bitcoin on regular occasions, especially as Bitcoin's price remains unstable.

The latest purchase from BlackRock came after the broader Bitcoin ETF market saw a positive trading day, registering a notable net inflow of over $170 million.

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While this signals growing institutional demand for the Bitcoin-based investment product, it appears that BlackRock has once again taken the lion's share of all new capital that flowed into the market during the last trading session.

With a total of $111.43 million worth of Bitcoin scooped by BlackRock in just a few hours, market participants are closely watching whether Bitcoin will respond to the bullish activity.

Expectations for a more positive close for August have grown weary, as historical data shows that the month has often proven to be one of Bitcoin's worst months over the past several years.

Since 2022, Bitcoin has maintained a negative trend with a streak of steady August losses, triggering doubts about a recovery for the asset this month.

However, Bitcoin has started on a stronger footing this month, positioning it for a better August return in 2025, as it already shows a modest gain of 1.37% as of August 4th.

In a recent post, Strategy Chairman Michael Saylor clarified his well-known "never sell your Bitcoin" stance, which attracted attention from various quarters, including cryptocurrency critic Peter Schiff.

In the past, Saylor, a Bitcoin bull and advocate, has often reiterated to Bitcoin holders never to sell their coins. Now, amid a continued cryptocurrency market selloff that has shaken the conviction of many, some are questioning this viewpoint.

The clarification also becomes essential after Strategy authorized a BTC monetization program under which the company may sell BTC from time to time.

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In June, Strategy announced that its Board of Directors had authorized a BTC Monetization Program under which the company may sell BTC from time to time to fund its USD Reserve and additionally fund preferred stock dividends and interest expenses.

In line with this, Strategy raised $104.73 million last week with the sale of 1,638 Bitcoin and raised an additional $290.6 million through the sale of common stock. The Bitcoin sales reduced Strategy's holdings to 842,138 BTC and increased its USD reserve by $250 million, taking the total USD reserve to $4 billion.

In his X post, Saylor stated that his personal Bitcoin holdings remain untouched. "When I say 'Never Sell Your Bitcoin,' I speak as one saver to another. I have never sold mine. Not one satoshi," he said.

Yes, but you knew the impression you were creating, and you never bothered to clarify it. So either that was a deliberate attempt to deceive, or you actually meant that Strategy would never sell and are now lying to cover your ass. Either way, it’s not good.

— Peter Schiff (@PeterSchiff) August 3, 2026

Saylor went on to differentiate his personal investment stance from Strategy's corporate responsibilities, pointing out that the company has disclosed since 2020 that it may buy or sell BTC to manage capital, but the shared conviction in Bitcoin remains unchanged.

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"Strategy is a public company, not my wallet. Since 2020, it has disclosed it may buy or sell BTC to manage capital. Our shared conviction in Bitcoin remains unchanged," he wrote.

Longtime Bitcoin skeptic Peter Schiff was unconvinced by Saylor's explanation. Responding on X, Schiff claimed that Saylor's messages of "never sell your Bitcoin" created a different impression that went unclarified.

"Yes," Schiff said, agreeing in part with Saylor's claim, "but you knew the impression you were creating, and you never bothered to clarify it," Schiff stated, reinforcing his continued criticism of Saylor and Strategy.

As ADA continued to extend its recovery from June lows, Cardano produced one of its strongest trading sessions in weeks, with daily trading volume rising by more than 33%. Bulls are enjoying their first significant advantage in months as the asset breaks above a number of important technical resistance levels. 

After successfully regaining both the 26-day and 50-day exponential moving averages, the daily chart displays ADA rising to roughly $0.197. More significantly, the price is currently testing the declining 100-day EMA at $0.197, a level of resistance that has halted almost all attempts at recovery since the start of the year. This action is backed by a significant increase in participation, in contrast to earlier rallies. 

Major exchanges saw an increase in trading volume, but Binance continued to be the most popular platform, handling over $325 million in futures activity in the last day. Strong activity was also seen on Bybit and OKX, indicating that the shift is widespread rather than specific to one exchange. 

Simultaneously, open interest has increased on a number of venues, suggesting that new capital is entering the market rather than simply shifting existing positions. 

Additionally, derivative positioning has become more favorable. While top traders' position ratios are still fairly balanced, long-short account ratios on Binance and OKX are still above 1, suggesting that more traders are positioning for further upside. 

The bullish picture is further supported by liquidation data, which shows that over the last 24 hours, short liquidations have outpaced long liquidations due to sellers being driven out during ADA's advance. 

The renewed interest seems to be a result of several factors. After weeks of volatility, the overall cryptocurrency market has stabilized, enabling large-cap altcoins to outperform Bitcoin in relative terms. 

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Cardano is also benefiting from improving sentiment surrounding ecosystem development, including continued work on Leios scaling, interoperability initiatives such as CANS, and upcoming Project Catalyst funding designed to accelerate application development and on-chain activity. 

These advancements have contributed to reestablishing confidence that network expansion may eventually result in increased blockchain usage. Technically, ADA is about to reach a turning point. The RSI has risen toward 70, indicating both strong momentum and the possibility that the rally will continue in the near term.

Cardano may create its strongest bullish structure since the first quarter of the year if buyers are able to generate a clear close above the 100-day EMA with sustained high volume. For the time being, the dramatic rise in volume gives ADA the confirmation it has lacked during prior rebounds. 

Ripple President Monica Long commented on the company's new investments in the ZILO and Licuido platforms, calling the deal a response to the banking sector's fundamental shift toward blockchain. 

In her view, traditional financial institutions have passed a turning point comparable to a "light switch flip," moving from isolated tests to the actual issuance of tokenized funds.

In the last year, we've seen the veritable light switch flip – from bank pilots to production, from issuing tokenized assets like money market funds and liquidity funds to using them! Institutional capital markets are moving in one direction -- onchain 24/7. At Ripple, our goal… https://t.co/DPhbEBY3Dr

— Monica Long (@MonicaLongSF) August 4, 2026

The integration of solutions for regulated transfer agents and collateral management became Ripple's response to this institutional demand, which has already created a $3.97 billion on-chain base on the XRPL as per RWA.xyz. 

Long emphasized that the company's goal is to provide a full digital asset lifecycle on the network, where stablecoins led by the $759.67 million Ripple USD (RLUSD) already form the underlying liquidity foundation.

The infrastructure deal addresses the market's technical needs immediately following the launch of a dollar liquidity fund by investment giant Aviva Investors on the XRPL. The Central Bank of Ireland's approval of the project served as a key trigger for expanding the ecosystem and legitimizing traditional capital on a public ledger.

Long's statement about capital moving into a 24/7 on-chain environment builds directly on this regulatory precedent. This is supported by an influx of new participants into the network's RWA segment, where the number of token holders increased by nearly 24%, demonstrating genuine interest in Ripple's technology stack.

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The entire infrastructure deployment strategy, outlined by the Ripple president, is being implemented across a foundation already prepared by major commodity-backed and sovereign funds. The ledger already hosts the British JMWH token, valued at more than $2.22 billion, and Ondo's $212.51 million U.S. Treasury fund, OUSG.

The Ripple president's response to the agreements with ZILO and Licuido effectively summarizes the formation of a multilayered market within the XRPL. The network now combines stablecoins, commodities, and more than $650 million worth of credit products from Spain to Brazil and beyond within a single 24/7 system.

Ledger CTO Charles Guillemet claims that Bitcoin users should not rush to adopt multisig wallets as a knee-jerk response to the recent Coldcard incident. 

According to Guillemet, making the setup more sophisticated could actually introduce additional risks. 

Instead, he argues that Bitcoin users who rely on self-custody should opt for the “miniscript” solution that can deliver advanced security without making things way too complicated.

In a post on X, Guillemet stressed that multisig makes wallet recovery and management more difficult. 

He said many users end up creating configurations that are actually cumbersome to recover safely. card

As an alternative, Guillemet floated the idea of using Bitcoin Miniscript, which makes it possible for users to define sophisticated spending conditions such as inheritance rules, time-locked recovery keys and 2-of-3 authorization policies. According to him, Ledger’s implementation enables “clear signing” for every spending path, allowing users to verify exactly what they are approving on their hardware wallet.

For developers, Miniscript makes it easier to build custom wallet software, Guillemet said.

He claimed he recently created a functional Bitcoin wallet supporting advanced spending policies in just a few hours with the help of AI assistant Claude. He had added that Ledger’s clear-signing approach made him comfortable testing the wallet on Bitcoin mainnet.

He also pointed to MuSig2, a cryptographic alternative to traditional script-based multisig. 

Guillemet said Ledger hardware wallets are, to his knowledge, the only devices currently supporting MuSig2.

Despite outlining these alternatives, Guillemet emphasized that multisig remains appropriate for some users. 

However, he argued security decisions should be based on an individual’s threat model rather than reactions to recent headlines. 

For most people, as he has noted, a properly backed-up single-signature hardware wallet remains the most practical choice.

The psychological $1 level continues to be the market's most crucial line in the sand as XRP has once again fallen into a technically precarious position. The asset has lost bullish momentum after multiple unsuccessful attempts at recovery over the past month, and it is currently trading around $1.07, with little space before another test of significant support. 

The 26-day, 50-day, and 100-day exponential moving averages are among the major EMAs that XRP is still trading below. The long-term trend has not yet recovered, as evidenced by the 200-day EMA, which is still significantly higher at $1.39. Since early June, every rally has stalled below the declining moving averages, resulting in a sequence of lower highs that maintain sellers' control. 

The most recent price action lacks conviction, in contrast to the prior breakout attempt. Over the last two weeks, volume has steadily decreased, indicating that buyers and sellers are both awaiting a catalyst. Simultaneously, XRP has started to move sideways in a narrower range just above support, a pattern that frequently precedes a more significant directional move. 

Momentum indicators are likewise neutral. XRP is neither overbought nor oversold, according to the Relative Strength Index, which is currently at about 45. This implies that there is enough room for another wave of selling before technical conditions become stretched, even though it also leaves room for a rebound. 

Over the next seven days, the critical zone will be between $1.00 and roughly $1.03. Since the dramatic drop in June, buyers have been drawn to this area on several occasions. Another recovery toward the 50-day EMA at $1.10-$1.12 is possible if XRP is able to defend it once more. In addition to improving sentiment, a successful move above that level might pique short-term traders' interest. 

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Repeated testing, however, usually reduces support. The amount of available demand typically decreases each time buyers are compelled to maintain the same price level. In the event that XRP closes sharply below $1.00 on high volume, the market may rapidly decline as stop-loss orders are activated and bearish momentum intensifies. The $1 threshold is still in place for the time being, but the margin for error is getting smaller. 

Another pivotal point is coming for XRP, where either buyers demonstrate their ability to withstand selling pressure or the market eventually breaks through one of the most closely watched support levels of the year. 

Whether XRP stabilizes above $1 or moves into a new phase of wider weakness is probably going to be determined over the course of the next week.