Crypto Industry News & Market Trends

DOGE Price Prediction: Dead Momentum and Crowded Longs Signal a $0.065 Floor Test Before Any Real Recovery

James Ding　　Aug 02, 2026 07:30　　DOGE is pinned at $0.0703 with MACD flatlined, spot sellers overpowering a crowded long book, and the 50-day SMA sitting 14% overhead like a ceiling — the path of least resistance points to a $0.06…　　The Immediate Setup　　DOGE opened August staring at the wrong end of every meaningful moving average, trading at $0.0703 with a 0.57% daily gain that flatters what is genuinely a lifeless tape. Todays intraday range — $0.068115 low to $0.0705 high — shows the market tested lower, found a tentative bid, and then did precisely nothing with it. No follow-through, no volume surge, no conviction.　　The momentum picture is the most damning part of this setup. The MACD histogram has compressed to zero, with both the MACD line and signal line locked at the same marginally negative value. This isn‘t a coiling spring about to release — it’s a market running out of energy. The RSI at 42.82 sits in that uncomfortable dead zone between oversold and neutral where price tends to drift lower by default rather than snap back. Bollinger Band %B at 0.31 confirms DOGE is trading in the lower third of its compression range, not extended enough to trigger a mean-reversion

08-02Industry

SOL Price Prediction: Bears Hold Every Key MA as $69.50 Comes Into View

Rongchai Wang　　Aug 02, 2026 07:27　　SOL at $73.50 is structurally below every meaningful moving average with aggressive sell flow dominating the tape despite heavy long positioning — the 7-30 day bias is down, targeting $69.50 on a b…　　SOLs Technical Reality Check　　Price is clinging to its 7-day SMA like a drowning man to driftwood. At $73.50, SOL hasn‘t broken down hard — but it hasn’t found a single reason to break out either. The real story lives above: the 20-, 50-, and 200-day simple moving averages form an unbroken ceiling stretching from $75.04 all the way to $85.76. That‘s not a resistance cluster. That’s a regime of overhead supply that doesnt evaporate on one green candle.　　Momentum is flattening, not recovering. The MACD has zeroed its histogram as the signal and MACD lines converge from deeply negative territory — a pattern that reads less like impending reversal and more like oversold exhaustion with downside risk still on the table. RSI at 45 confirms the buyers aren‘t pressing; they’re standing back and watching. The Stochastic oscillator offers a mild lifeline with %K crossing above %D in the low-30s range, but in isolation that means little. Set against price sitting beneath every key moving average

08-02Industry

ADA Price Prediction: $0.20 Is the Line in the Sand — Break It or Get Flushed

Aug 02, 2026 07:21　　ADA has exploded 8.5% in a single session and is now trading above its Bollinger upper band with Stochastic pinned near 95 — the $0.20 resistance either falls this week, opening the door to $0.24, …　　Market Context: Why ADA is Moving Now　　ADA came into August 2026 coiled. Sitting on a compressed base of converging short-term moving averages between $0.16 and $0.17, the coin had been grinding sideways long enough to bleed out impatient traders. Then Sundays session printed an 8.5% candle, punching price from intraday lows near $0.17 all the way to $0.19 — blowing clean through the pivot at $0.18 and stacking up directly against the critical $0.19–$0.20 resistance ceiling.　　What catalyzed the move？ The honest answer is the chart itself. There is no verified macro catalyst in the data, no major Cardano protocol announcement, no KOL thread driving retail FOMO in the last 24 hours. This reads as a pure technical breakout off a compressed base, almost certainly accelerated by short covering. When ADA reclaims a cluster of flat moving averages in a single session after weeks of suppression, the algorithms wake up fast and the momentum chasers pile in behind them. Traders covering this market

08-02Industry

XRP Price Prediction: Dead Weight at $1.08 — Bulls Must Reclaim $1.11 or the Floor Gets Tested

Aug 02, 2026 07:16　　XRP is trapped beneath every major moving average with momentum frozen at zero, making $1.03–$1.05 the higher-probability near-term destination. Bulls need a daily close above $1.11 to even begin s…　　XRPs Technical Reality Check　　XRP at $1.08 is not a chart building toward a breakout — it‘s a chart in structural retreat looking for its next excuse to fall. Price sits below the 20-day at $1.09, below the 50-day at $1.11, and a punishing 25% under the 200-day moving average at $1.35. That moving average stack isn’t a coincidence; its the market telling you exactly where the weight of supply is parked.　　What makes this setup particularly dangerous is how dead the momentum has gone. The MACD line and its signal have converged into near-identical readings below zero, printing a histogram of flat zero — a reading that doesn‘t signal a bullish reversal so much as an exhausted sell-off waiting for the next catalyst to decide direction. The RSI grinding just under 47 corroborates this: buyers haven’t capitulated hard enough to create a real oversold extreme, but they haven‘t shown up with conviction either. It’s no-mans-land. The Stochastic oscillator, with %K at 31 and %D at 25, has slipped toward

08-02Industry

BNB Price Prediction: Dead Momentum at the Upper Band Signals a $565 Flush Before Any Real Recovery

Aug 02, 2026 07:13　　BNB is stalling at 87% of its Bollinger Band range with MACD momentum at absolute zero and taker sellers running a 1.28:1 sell-to-buy ratio — the 60% probability path is a flush to $565 before bull…　　The Immediate Setup　　BNB is trading at $584.85 in the early hours of August 2, 2026, having printed an $18 intraday range that tells you exactly nothing directionally — until you look beneath the surface. The past 24 hours show a modest 1.15% decline, but what stands out isn‘t the magnitude, it’s the character. Momentum has gone clinically flat. The MACD histogram is sitting at absolute zero, the RSI is loitering in mid-range just below 55, and the Stochastic is drifting toward 72 — the kind of setup that looks constructive on a quick glance but quietly signals buyer exhaustion rather than accumulation.　　The short-term moving averages — SMA 7 at $578, SMA 20 at $574, and SMA 50 at $575 — are stacked in a tight cluster below current price, which is nominally supportive. But BNB has now pressed up to a Bollinger Band %B reading of 0.87, meaning its hugging the upper band ceiling at $588.54 with nothing left in the tank.

08-02Industry

BTC Price Prediction: $61,774 or $64,492 — The Long Squeeze Is Loaded and Pointing Down

Zach Anderson　　Aug 02, 2026 07:03　　Bitcoin is grinding sideways at $63,492 with momentum completely flatlined and 66% of futures traders stubbornly long while sell-side execution dominates — a textbook pre-squeeze configuration. The…　　Market Context: Why BTC is at a Dangerous Inflection Point　　Bitcoin is doing something dangerous right now — absolutely nothing. Trading at $63,492 on this Sunday morning UTC, BTC has put in a 24-hour range of just $1,359 with a 0.65% gain that‘s barely worth charting. That’s not constructive consolidation. Thats exhaustion wearing a neutral mask.　　The bigger picture is stark. Price is sitting approximately 11% beneath the 200-day moving average at $71,167 — a number that cuts through any bull narrative with surgical precision. This is not a market printing new highs and digesting gains. This is a market that peaked, compressed, and is now testing whether buyers have any conviction left at current levels. The answer so far, based on volume of $479 million on Binance spot — modest by any standard — is not particularly encouraging.　　What analysts covering the space at Blockchain.news and across derivatives desks are watching is a coin trapped in no-mans land: neither capitulated enough to trigger genuine value buying, nor strong enough to attract momentum

08-02Industry

DEX Spot Volume Hits Record 24% of CEX Trading, Highest Since 2019

TLDR:DEX spot volume reached 24% of CEX trading in July 2026, marking its highest recorded share since 2019.The ratio rose even as monthly DEX turnover fell 26%, showing relative gains during weaker market activity.Solana led 30-day DEX trading with $49.86 billion, surpassing BNB Chain, Ethereum, and Base combined.DEXs dominate new-token access, while CEX platforms retain deeper liquidity, fiat services, and support.　　Decentralized exchanges captured a record share of centralized trading in July 2026, marking their strongest performance since tracking began in 2019. Wu Blockchain reported that DEX spot volume reached 24% of CEX activity, using The Block data citing DefiLlama.　　DEX Spot Volume Reaches Record 24% of CEX Volume, Highest Since Tracking Began in 2019　　According to The Block, citing DefiLlama data, DEX spot trading volume rose to about 24% of CEX volume in July 2026, the highest level since the series began in 2019. 　　The milestone extended a shift toward on-chain trading, although it did not indicate record volume across decentralized platforms. Instead, the ratio showed decentralized venues gaining ground while activity across both market segments weakened during July.　　Record DEX Share Climbs Despite Lower Monthly Trading Volume　　The Block calculates the ratio by dividing decentralized exchange activity by volume from centralized platforms with

08-02Industry

Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch

ENA is the other big gainer over the 24 hours, followed by ADA.　　Bitcoins price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran.　　Most larger-cap alts have turned green with minor increases, led by Cardanos native token, which has jumped by 9%.　　BTC Returns to Over $63K　　The business week began on a more positive note after last weekend‘s de-escalation in the Middle East. Bitcoin had remained above $64,000, and then it tapped $65,600 on a couple of occasions on Monday. However, it couldn’t continue upward, and uncertainty ahead of the FOMC meeting led investors to de-risk by offloading BTC, which resulted in a massive drop to $62,800.　　Volatility remained high before and after the event, with the asset going up and down between $63,000 and $65,000. It rocketed to just over the upper boundary on Friday morning, where it was rejected once again.　　The subsequent leg down was even more painful as bitcoin dipped to $62,400 for the first time in over two weeks. It managed to rebound to $63,000 on Saturday before it dropped once again to $62,100 (on

08-02Industry

Iran-linked exchange sent $676 million to Binance wallets in alleged sanctions-evasion operation: Reuters

Quick TakeDubai-based crypto exchange Shelbit processed at least $4 billion since May 2024 while serving as a hub connecting Iranian gambling sites, the countrys central bank and entities linked to the IRGC, Reuters reported.At least $676 million moved from Shelbit-linked addresses to Binance wallets, including roughly $540 million after Dubai regulators fined the unlicensed exchange in January 2025.Reuters could not independently establish who within the Iranian state controlled Shelbit or whether the IRGC directly operated the wider network.　　An unlicensed Dubai-based crypto exchange processed at least $4 billion while serving as a hub connecting an Iranian gambling network, the countrys central bank and entities linked to the Islamic Revolutionary Guard Corps (IRGC), Reuters reported Friday.　　Shelbit, run by Iranian expatriate Siavash Kayvanpour, handled the funds after apparently beginning operations in May 2024, according to blockchain data analyzed by two unnamed investigative firms and researcher Rich Sanders and shared with Reuters.　　Its customers included a network of more than 2,000 Farsi-language gambling websites promoted by Iranian influencers Sasha Sobhani and Pooyan Mokhtari, Reuters reported. Tens of millions of dollars associated with the sites could be traced to Shelbit.　　The exchange also directly interacted with Irans central bank, wallets Israel has linked to the IRGC, and

08-02Industry

Ledger, Trezor say ‘funds are safe’ after Coldcard flaw helps hacker steal 38M Bitcoin

Bitcoin hardware wallet providers Ledger and Trezor have distanced themselves from Coinkites Coldcard $38M exploit.　　An unfortunate code flaw within Coldcards firmware allowed an attacker to steal 38M worth of BTC or more from the hardware wallet.　　Since Coldcard shares part of the hardware design involving the True Random Number Generator (TRNG) with other providers, investors were worried that other wallets could also be at risk.　　However, Ledger clarified that it uses a slightly more secure design, maintaining that their Bitcoin hardware wallets were “not affected” by Coldcards flaw.　　The firm added that it uses a 256-bit mathematical complexity system (entropy), which makes seed phrases difficult to crack.　　On the contrary, Coldcard‘s flaw downgraded Coinkite’s system from a 128-bit to a guessable 40-bit system, which could easily be cracked using brute force.　　Trezor, another Bitcoin hardware provider, also assured its users that they should not be alarmed about the Coldcard incident.　　Trezor users: your funds are safe. The recent Coldcard issue is limited to their own custom firmware and how some of their devices generated randomness. Trezor does not share that code.　　BTC dumps 3% to 2-week low after Coldcard exploit　　Despite the assurance, the Coldcard exploit sparked broader fear about safety on hardware wallets and self-custody.　　According to TaprootWizards

08-02Industry

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