Day: August 6, 2026

Jiang Zhuoer, founder of the China-rooted mining pool $BTC.top, has projected that Bitcoin could fall to $44,016 by late October, citing historical patterns in the cryptocurrency’s four-year market cycle. His analysis suggests that the current bear market has not yet matched previous downturns in either duration or depth, indicating further downside may be ahead. Historical

Western Union launched Stablecard across 37 markets on August 4, putting its USDPT stablecoin on Solana into the hands of consumers through a Visa card. The 173 year old remittance giant is betting that 380,000 cash-out locations will beat crypto-native competitors at their own game, but the math says it is automating the destruction of

Bitcoin price approached $65,000 on Aug. 6 as easing concerns over the Strait of Hormuz and improving technical momentum supported its recovery from the low-$62,000 region. Bitcoin price action today According to data from crypto.news, Bitcoin ($BTC) traded around $64,615 at the time of writing after reaching an intraday high of $64,999. The move extended

Bitcoin is breaking out of a textbook cup and handle at $64,742 on August 6, with spot ETFs already logging their best week since May and a cycle bottom signal flashing on Net Capital Flows. $BTC Breaks the Cup and Handle With RSI Above 50 $BTC Price Action (Source: TradingView) The daily chart shows $BTC

The Federal Reserve left interest rates untouched on July 29, 2026, holding its target range at 3.50% to 3.75%, yet the ripple effects moved through mortgage markets and crypto trading desks almost immediately. Understanding the Federal Reserve bitcoin impact has become a running preoccupation for traders this summer, especially as Chair Kevin Warsh signaled the

Bitcoin is testing a major resistance zone after its four-hour SuperTrend indicator produced a fresh bullish signal near $64,700. A confirmed move above $65,600 could send $BTC toward $67,000-$69,000, while another rejection would raise the risk of a decline toward $61,300. Bitcoin SuperTrend Flips Bullish Near $64,700 Bitcoin’s four-hour chart shows a fresh SuperTrend buy

Guangdong has proposed expanding cross-border digital yuan payment pilots and other cross-border financial programs as part of a draft development plan for the China (Guangdong) Pilot Free Trade Zone. According to a draft of the China (Guangdong) Pilot Free Trade Zone 15th Five-Year Development Plan (2026–2030) released by the Guangdong Department of Commerce on Aug.

Bitcoin ($BTC) institutional investment vehicles have shed 10% of their $BTC holdings since May as analysis warns of a “breaking” sector. Key points: Bitcoin institutional funds see a blanket 10% reduction in holdings over three months. Analysis says that the Bitcoin treasury model is “breaking” as company valuations fall below net asset value. Coinbase premium

Bernstein has reiterated its outperform rating on TeraWulf (NASDAQ: WULF) and maintained a $36 price target, following the company’s second-quarter earnings report. The firm’s positive stance is driven by TeraWulf’s significant progress in its high-performance computing (HPC) segment, which generated $32 million in revenue and accounted for 71% of total revenue during the quarter. This

One of the crypto market’s most paradoxical yet persistent signals has just flashed again. Bitcoin rose by nearly $2,500 only a few days after longtime CNBC Mad Money host Jim Cramer announced that he was completely exiting the asset because of the so-called quantum threat. While Cramer was protecting his capital, Bitcoin rebounded from a

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