Author: James Wilson

Lido DAO price rebounded more than 5% on Thursday as holders voted on the NEST automated buyback system, although concerns over Ethereum’s proposed staking changes kept LDO under pressure. Summary Lido DAO price rose 5.2% in 24 hours after briefly falling to $0.2757. The token remains down 16.7% over seven days but has gained about 5% monthly. Lido DAO’s NEST vote runs until Aug. 8 at 2:00 p.m. UTC. Ethereum’s proposed EIP-8361 raised concerns about Lido’s future staking revenue. Lido DAO price rebounds after 16% weekly decline According to data from crypto.news, Lido DAO (LDO) price traded near $0.293 at…

Coinbase will suspend six cryptocurrency trading pairs on Aug. 6 after moving five markets into limit-only mode as part of its routine market review. Summary Coinbase will suspend six trading pairs across its institutional and advanced trading platforms. Five markets entered limit-only mode before the scheduled Aug. 6 suspension. The exchange also added BIO, BNKR and TREE for supported Coinbase customers. Coinbase is preparing to move institutional derivatives accounts to Deribit on Sept. 9. Coinbase places five markets in limit-only mode Coinbase Markets said trading will end for LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT and CRO-USDT on Aug. 6, 2026. We…

The CLARITY Act missed a key procedural opening after Senate Majority Leader John Thune filed cloture on several other measures while bipartisan negotiations over the crypto bill continued. Summary Thune did not file cloture on the CLARITY Act, narrowing its pre-recess path. The Senate instead prioritized spending legislation, nominations and a college sports bill. Disputes over ethics provisions and stablecoin rewards reportedly remain unresolved. Kalshi traders put passage before July 1, 2027, at 41%. CLARITY Act left out of Senate cloture filings On Wednesday, Senate Majority Leader John Thune filed cloture on the motion to proceed to S. 4668, the…

Bitcoin has entered the national-security debate again as the Pentagon drafts a nuclear strategy centered on potential regional conflicts with China or Russia. Summary The Pentagon is reportedly considering shorter-range tactical nuclear weapons for regional conflicts. US military officials previously confirmed operational Bitcoin testing and classified crypto-related work. Washington’s Strategic Bitcoin Reserve holds forfeited BTC under a no-sale policy. Bitcoin traded near $64,500, with no clear price reaction to the Pentagon report. Pentagon drafts new nuclear strategy Defense Department policy chief Elbridge Colby is drafting a classified nuclear framework that could expand the role of shorter-range tactical weapons, NBC News…

Prediction markets are shifting expectations for the CLARITY Act into 2027 after Senate leaders declined to start the procedural process needed for a vote before the August recess. Summary Kalshi odds for the bill taking effect before July 2027 fell 8 points to 41%. Senate Majority Leader John Thune did not file a cloture motion on Tuesday. Contracts now assign a 65% chance that the bill becomes law before January 2028. Bitwise CIO Matt Hougan said crypto “will be fine” without immediate congressional action. CLARITY Act odds shift toward 2027 Kalshi traders have become more doubtful that Congress will complete…

Pump.fun’s PUMP token has gained more than 35% over the past week, breaking above key daily moving averages as buyers target the upper boundary of a rising channel near $0.0028. Summary PUMP price climbed above $0.0025 after trading near $0.0018 on July 30. The token now trades above its 20-, 50-, 100- and 200-day moving averages. 4-hour RSI reached 76.71, warning that the rally may be overheated. Holding $0.0022–$0.0020 would keep the short-term bullish structure intact. PUMP price extends its weekly rally According to data from crypto.news, PUMP price traded near $0.00252 on Aug. 5 after reaching an intraday high…

Bitcoin onchain activity has reached its highest level of 2026 as researchers have linked the surge to the ongoing Coldcard wallet exploit, warning that similar spikes have historically coincided with local market turning points. Summary Bitcoin onchain activity has reached its highest level of 2026 as the Coldcard wallet exploit continues to unfold. K33 said similar spikes in Bitcoin activity have historically appeared around local market tops and bottoms. Galaxy Research has confirmed the theft of 1,596 BTC from about 7,300 addresses, with losses potentially rising to around 2,055 BTC. The Coldcard breach has prompted some users to move funds…

Taiwan has proposed mandatory customer information sharing for all domestic crypto platform transfers, with new Travel Rule requirements scheduled to begin in October. Summary Taiwan has proposed mandatory customer information sharing for all domestic crypto platform transfers starting in October. Transfers above NT$30,000 would require additional sender identification, while receiving platforms must verify beneficiary details. The Financial Supervisory Commission plans to extend the Travel Rule requirements to cross border VASP transfers by the end of 2027. The proposal builds on Taiwan’s new Virtual Asset Service Act, which introduced a full licensing framework for crypto businesses in July. According to Taiwan’s…

Japan has established a dedicated Cryptocurrency and Stablecoin Division within its Financial Services Agency, elevating digital asset oversight to an independent department as the country continues expanding its crypto regulatory framework. Summary Japan’s Financial Services Agency has created a dedicated Cryptocurrency and Stablecoin Division effective Aug. 7. The new department brings crypto supervision, innovation and digital payment planning under one division. The restructuring follows Japan’s recent law reclassifying cryptocurrencies as financial instruments. The move comes as regulators continue tightening oversight of crypto firms while advancing digital asset reforms. Japanese publication NADA NEWS reported that the Financial Services Agency announced on…

Bitcoin traded near $64,270 on Aug. 5, gaining less than 1% as record equity markets and falling oil prices failed to produce a broad crypto rally.  Summary Bitcoin price held above $64,000 while record global equities and cheaper oil failed to spark momentum. Brent fell near $78.50 as traders awaited a possible U.S., Iran, and Oman shipping agreement. Bitcoin must close above $64,300 on four hour charts to confirm analyst Ali Martinez’s breakout. Bollinger Bands place immediate resistance near $66,285 and range support around $62,524 for Bitcoin traders. U.S. spot Bitcoin ETFs drew $19.6 million Tuesday, but recent outflows still…