Category: Analysis

Bitcoin Enters Low-Liquidity Zone: Glassnode

Key Notes Bitcoin is trading around $115,000, down 3% over the past week. Support between $110K–$116K remains weak, needing stronger accumulation. ETF outflows and whale profit-taking suggest growing sell pressure. After peaking at over $123,000 in mid-July, Bitcoin BTC $116 345 24h volatility: 2.0% Market cap: $2.32 T Vol. 24h: $29.36 B has entered into a phase of market indecision. At press time, the price hovers just above $115,000, down roughly 3% in the last seven days. According to Glassnode, the breakdown from the $116,000 support zone on July 31…

Binance Charity to Airdrop $1.2M BNB to Flooded Taiwan

Key Notes Binance Charity will airdrop up to $1.2 million in BNB to users affected by floods in southern Taiwan. Users with verified addresses in six severely hit regions are eligible for up to $80 in BNB. Airdrop distributions will begin on August 14, 2025, based on proof-of-address verification. Binance Charity has announced it will airdrop up to $1.2 million worth of BNB BNB $770.4 24h volatility: 1.1% Market cap: $107.31 B Vol. 24h: $1.00 B , the native ecosystem token, approximately NT$35 million, to users in southern Taiwan affected…

Shiba Inu Burn Rate Skyrockets 3,464%, Price Stages Rebound

Key Notes Shibburn, the dedicated burn tracker for the Shiba Inu ecosystem, shows that the burn rate has spiked by 3,464%. The destruction of 9,614,765 SHIB within 24 hours leaves the market with 584,612,601,558,519 SHIB in circulating supply. In the middle of this, SHIB price responded with a 1.91% rally. The Shiba Inu SHIB $0.000012 24h volatility: 1.6% Market cap: $7.29 B Vol. 24h: $136.34 M burn rate has spiked by 3,464%, per data from Shibburn, the dedicated burn tracker for the ecosystem. Coincidentally, SHIB price has staged a mild…

Crypto Market Sentiment Shifts: BTC, ETH, XRP on Investors’ Radar

Amid the current volatility, crypto market sentiment has shifted from “Neutral” to “Greed” with just a modest bump in Bitcoin BTC $115 429 24h volatility: 1.2% Market cap: $2.30 T Vol. 24h: $31.52 B and altcoin prices. The Crypto Fear and Greed Index has surged to 62 out of 100 as a result. BTC is holding firm above $114,000, while ETH ETH $3 782 24h volatility: 4.3% Market cap: $455.02 B Vol. 24h: $22.84 B has recovered past $3,600 support, and XRP XRP $3.04 24h volatility: 3.2% Market cap: $179.73…

Who Will Replace Jerome Powell

Key Notes Jerome Powell’s second term as Fed chair is very close to its end. Donald Trump hinted at candidates from Wall Street. Kevins, Hassett and Warsh, lead the charts as top nominees for the role. US President Donald Trump is on the hunt for a replacement for US Federal Reserve Chair Jerome Powell, who will be leaving the office in May 2026. Powell, who was brought to the Fed’s throne by Trump himself in November 2017, replacing Janet Yellen, seems to be “too independent” for the president’s policies. Trump…

Cardano Drops NIGHT Tokens to 30 Million Wallets

Key Notes NIGHT token airdrop launched with a 60-day claim window. Over 50% of the tokens were allocated to Cardano users. Charles Hoskinson confirmed 470 million tokens already redeemed. Cardano’s privacy-focused sidechain, Midnight Network, has officially kicked off its long-awaited NIGHT token airdrop, dubbed the “Glacier Drop.” Crypto experts are calling it one of the most ambitious airdrops in crypto history. Notably, the Glacier Drop targets 30 million wallets across eight major blockchain ecosystems, such as Bitcoin, Ethereum, Cardano, Solana, BNB Chain, Avalanche, XRP Ledger, and Brave. It aims to…

CZ-Inspired TST Meme Coin Tanks 33%, Another Rug Pull?

Key Notes TST fell over 68% in 15 minutes amid soaring trading volume. Open interest on Binance dropped 34% in the past day. Analysts suspect manipulation mimicking earlier pump-and-dump patterns. The Test Token (TST), a meme coin that originated from a Binance tutorial, nosedived this morning in a massive 15-minute selloff. The token plunged from $0.04960 to $0.01547, losing over two-thirds of its value, before settling near $0.0273 at the time of writing. This dramatic dip came with a 1,000% spike in trading volume, currently standing at $136 million. According…

Solana (SOL) Poised for Move – Can It Clear This Barrier?

Solana started a fresh increase from the $162 zone. SOL price is now consolidating gains and might aim for more gains above the $172 zone. SOL price started a fresh upward move above the $165 and $166 levels against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There is a contracting triangle forming with resistance at $168 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $172 resistance…

Worldcoin Price Tops $1 as Sam Altman Offers ChatGPT to US Government

Key Notes OpenAI secured a federal contract through GSA’s OneGov initiative, offering ChatGPT Enterprise to all agencies for $1 annually. WLD trading volume declined on major exchanges except Coinbase, suggesting stronger US market interest in the token. Technical analysis shows WLD consolidating near $1.02 Bollinger midline resistance with potential upside to $1.33 target. Worldcoin WLD $0.96 24h volatility: 3.4% Market cap: $1.78 B Vol. 24h: $136.75 M price rose 3%, grazing the $1 mark and lifting its market cap to $1.7 billion on August 6. The WLD price uptick came…

Dogecoin Recovers 3.5% but Derivatives Data Reveals Dominant Bearish Sentiment

Key Notes Trading volume dropped over 20% to $4.14 billion while open interest rose 1.66%, indicating weak speculator participation overall. Short contracts exceeded long positions across 1h, 12h, and 24h windows, suggesting traders expect the uptick to be temporary. DOGE faces resistance at $0.23-$0.28 range with potential breakout to $0.25 or pullback to $0.18 depending on momentum shifts. Despite Dogecoin’s 3.5% recovery to $0.205 on August 6, derivatives data suggest the rebound lacks conviction. Daily trading volume in DOGE fell over 20%, dropping to $4.14 billion, highlighting weak participation from…