Latest Crypto News & Market Updates

The More Americans Know About AI, the Less They Like It: Gallup

In briefGallup says Americans have become more skeptical of AI after two years of improving attitudes.More Americans believe AI does more harm than good and will reduce U.S. jobs.Trust in businesses to use AI responsibly has declined, especially among younger adults.　　In a report published Tuesday, polling company Gallup said Americans are cooling toward artificial intelligence after two years of growing more comfortable with the technology.　　According to Gallup, seven in 10 Americans now say they are somewhat or extremely knowledgeable about AI, up from 64% in 2024. But as familiarity has grown, so has skepticism. More Americans now believe AI does more harm than good, expect it to reduce the number of U.S. jobs over the next decade, and are less likely to trust businesses to use the technology responsibly.　　Thirty-nine percent of Americans now say AI does more harm than good, up from 31% in 2025. Just 9% say AI does more good than harm, while 52% believe it does equal amounts of harm and good.　　The shift was most pronounced among adults ages 18 to 29. Nearly half now say AI does more harm than good, up from 36% last year. Gallup said younger adults also became more skeptical of AI‘s

08-01Industry

Coldcard Exploit Fuels Market Fear as 2 Bitcoin Forks Loom Ahead

Key TakeawaysBitcoin traded near $63,000 after a Coldcard hardware wallet hack drained 1,082 BTC on July 30.Blackrocks IBIT led $265 million in Bitcoin ETF outflows on July 31.Miners will decide on BIP-110 near block 961,632 as an eCash fork looms on August 21.　　The worlds largest cryptocurrency traded between roughly $62,300 and $63,100 during early Saturday trading sessions after briefly pushing above $65,000 a day earlier. While bitcoin still finished July up about 7.36%, the calendar flip into August quickly erased much of that momentum as sellers regained control.　　The Coldcard Incident Changed the Conversation　　Security stories rarely stay isolated from price action, especially when they involve self-custody. The Coldcard incident did exactly that. Attackers exploited a long-standing firmware flaw to drain 1,128.6633 BTC from over 1,100 wallets in a tightly coordinated operation, reminding the market that even trusted hardware can become a source of risk if a vulnerability goes unnoticed for years.　　The response followed a familiar pattern seen after major security events. Coinkite released patched firmware and instructed affected users to generate entirely new wallet seeds rather than simply update their devices. That distinction matters because once a compromised seed exists, installing new software does nothing to restore its security. Migrating funds

08-01Industry

Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing

Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses.　　On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and those filings offer the clearest look yet at whether institutional adoption built a durable holder base or moved momentum capital into a regulated wrapper.MetricLatest figureWhy it mattersBloomberg ETF cost-basis estimate~$82,249Approximate breakeven level for ETF capitalEstimated unrealized ETF loss$16.33BQuantifies underwater pressureEstimated drawdown from cost basis~22%Shows scale of pain before Aug. 14 filingsCiti 12-month Bitcoin target$82,000Almost identical to ETF breakevenCumulative spot BTC ETF inflows~$51.6BShows adoption is still net positiveJuly 30 net ETF inflow$233.1MContradicts clean capitulation narrativeMay 15–June 3 net outflows~$4.36BCaptures recent stress periodJune net outflows~$4.51BShows institutional demand weakenedJuly net inflows through July 30~$438MPartial recovery, but not full repairIBIT net assets~$47.7BConfirms BlackRock remains liquidity anchor　　The weight behind Aug. 14　　Citi cut its 12-month Bitcoin target from $112,000 to $82,000 and reduced its forecast for net ETF inflows from $10 billion to zero. That new target lands almost on Bloombergs estimated ETF cost basis.　　US-traded spot Bitcoin ETFs took in $233.1 million on July 30, with cumulative net inflows since launch

08-01Industry

Bitget Unveils Major BGBTC Upgrade to Make Bitcoin More Capital Efficient

Bitget has unveiled a major upgrade to $BGBTC, a $BTC yield-enhanced asset. Officially launched by Bitget, $BGBTC is pegged to BTC at a 1:1 ratio. The new upgrade introduces daily $BTC-denominated rewards for $BGBTC holders.　　BGBTC just got a major upgrade.　　Backed 1:1 by BTC, it now offers daily BTC rewards, fast redemption at scale, and utility across trading, margin, loans, Launchpool, and PoolX.　　On top of that, $BGBTC holders will also enjoy benefits such as large-volume, fast redemption, institutional-grade risk protection, and greater transparency. Bitget has also integrated Chainlinks Cross-Chain Interoperability Protocol (CCIP) as the canonical cross-chain infrastructure for $BGBTC, ensuring secure multi-chain distribution of the token.　　This integration comes on top of Bitgets existing Chainlink Proof of Reserve (PoR), which is used for asset verification. Together both these integrations make $BGBTC more credible, useful across blockchains, and portable for traders.　　Why Is This Upgrade Important？　　So far, $BTC holders have had two options. They could either hold $BTC without earning yield or move $BTC into separate yield-generating strategies, which meant they had to give up their liquidity or deal with more complexity.　　However, as the market shifts towards solutions that allow users to hold $BTC for the long term and earn passive yield, Bitget is

08-01Industry

Uranium Price Holds Near $90 After Supply Concerns Reshape Market

The uranium price is firming up near $86.60 per lb after a volatile 2026 start to this commodity, as the market continues to focus on tightening supply and adjustments in output, as well as a demand story centered around nuclear fuel use in the long run.　　Data from TSCS and TradingEconomics show that uranium has firmed up from late 2025 levels before entering a consolidation period today.　　The latest uranium price chart shows an uptick from the mid-$70 range during the second half of 2025 all the way to an earlier spike past $100 in early 2026, before collapsing and establishing between about $85 and $90 per lb.　　Meanwhile, market focus is on supply-side activities after Kazakhstan‘s Kazatomprom slashed its 2026 guidance, Kazakhstan being the world’s largest uranium exporter.　　Uranium Price Consolidates After Upward Surge in Early 2026　　Uranium Price Consolidates Following Early 2026 Surge. The uranium spot price chart clearly depicts a strong upswing from the second half of 2025, where the commodity was trading just under $70 per lb before gradually accelerating into the start of 2026, when prices quickly topped $100 per pound before collapsing into the high-$80 zone, trading at a price level of $86.60 per lb.　　Currently, prices are consolidating above

08-01Industry

HBAR Price Prediction: Whales Are Loading But the 200 SMA Is a Real Wall

Rongchai Wang　　Aug 01, 2026 09:46　　HBAR is coiled at $0.07 in a volatility squeeze, with top-trader positioning sitting 63% long — but a 29% gap to the 200-day SMA makes $0.09 the make-or-break level for 2026. Break it and $0.11–$0….　　Market Context: Why HBAR is Moving Now　　HBAR is sitting at $0.07, up 2.84% on the day, and the number that tells you everything isn‘t on the short-term charts — it’s the 200-day SMA hanging 29% above current price at $0.09. That single fact defines this entire trade. Everything below $0.09 is still a market in structural repair, not recovery. Bulls havent earned anything yet.　　The spot market makes that point bluntly. Just $3.14 million in 24-hour Binance spot volume is not the kind of firepower that powers sustained breakouts. Organic buyer conviction is absent. Every short-term moving average — the 7, 20, and 50-day — has converged at $0.07 in a tight cluster, meaning the trend is flat across every timeframe that matters to a swing trader. The asset has gone nowhere, and the spot market participants aren‘t in a rush to change that. If a move comes, it will be derivatives-driven before it shows up in spot — and right now, the

08-01Industry

WIF Price Prediction: Dead Below Every Moving Average — $0.12 Beckons Before Any Credible Recovery

Felix Pinkston　　Aug 01, 2026 09:41　　WIF is pinned at $0.14 with every meaningful moving average stacked overhead as resistance and taker sell flow consuming 56% of all volume — a breakdown toward $0.12 carries 70% probability before …　　Market Context: Why WIF Is Struggling to Find a Pulse　　WIF is not moving — and that silence is the loudest signal on the tape. At $0.14 heading into August, dogwifhat is already trading below InvestingHaven‘s stated 2026 floor of $0.16, which means the asset has broken the lower bound of the most optimistic institutional model before the year is even done. When a coin violates an analyst’s floor projection mid-cycle, it doesnt mean the analyst was wrong about the range — it means the fundamental demand assumptions powering that range have already collapsed.　　The volume number is equally brutal. Binance spot cleared just $1.1 million in 24-hour turnover. For a coin that was once a marquee name in the meme coin supercycle, that‘s a ghost-town print. There’s no institutional accumulation happening at these levels, no retail FOMO flooding in, no catalysts surfacing. CoinMarketCap‘s AI desk framed it directly last week: WIF’s trajectory depends entirely on “meme culture staying power amid intense competition.” That‘s not a

08-01Industry

Cathie Wood Buys More Circle Stock Amid New York License Feat

Cathie Wood‘s ARK Invest bought more Circle Internet Group (NYSE:CRCL) shares. The buy move follows the stablecoin issuer’s major regulatory breakthrough in New York.　　Cathie Woods ARK Snaps Up Circle Stock　　Circle stock closed at $62.61, down $1.63, or 2.54%, on Friday, July 31. Nearly $6.83 million in nearly 109,129 Circle shares were acquired by ARK based on the closing price. The stock purchases were made through ARKK, ARKW and ARKF with 77,103, 22,238 and 9,788 shares of CRCL stock bought respectively.　　Cathie Woods CRCL stock purchase came on the heels of the New York Department of Financial Services (NYDFS) granting a limited-purpose trust charter to Circle Internet Trust Company LLC (Circle New York Trust).　　Besides Circle shares, ARK bought 298,243 CoreWeave shares, 12,512 shares of the 3iQ Solana Staking ETF, 7,500 Pony AI shares, and 2,700 Kodiak AI shares. The Cathie Wood-led firm also cut down its stakes in Shopify, Cloudflare, CrowdStrike, Snowflake, 10x Genomics, Komatsu, Brera Holdings, Iridium Communications, and Figma.　　Earlier, Cathie Wood raked in millions worth of SpaceX and Tesla shares alongside Circle.　　About The NYDFS License For USDC　　The new charter enhances Circle‘s regulatory framework. It merges state regulation of the issuance of USDCs with the federal trust powers the company acquired

08-01Industry

Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch

PUMP and PI are also well in the green on a daily scale.　　Bitcoins price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support and rebounded to $63,000.　　Most larger-cap alts are also in the red in the past 24 hours, led by more painful losses from HYPE, UNI, and AAVE.　　BTC Back to $63K　　It was just over a week ago when the primary cryptocurrency was riding high and tapped a monthly peak at $67,000 after the favorable US inflation data for June. However, the predominantly bearish sentiment quickly returned, and the asset slumped below $64,000 that Friday.　　Its recovery began last weekend and intensified on Monday when bitcoin pumped to $65,600 on a couple of occasions. However, it couldnt keep climbing and dumped to $62,700 a day later as investors de-risked ahead of the key FOMC meeting. More volatility ensued before and after the event as the Fed ultimately left the rates unchanged.　　Bitcoin began a more profound recovery on Thursday and Friday morning, jumping to $65,500 once again. A familiar scenario repeated, though, as the bears resumed control and drove it south to its lowest position since July

08-01Industry

The $70 million Coldcard exploit prompts CZ to urge wallet diversification.

Crypto holders used to focus on diversifying their coins. Now, following a $70 million Coldcard exploit, theyre being told to diversify their wallets as well.　　On Saturday, Binance founder Changpeng Zhao, known as CZ, asked crypto holders to split their funds across multiple wallets following a major security failure in popular Coldcard hardware devices.　　“Even hardware wallets can have bugs. Even old wallets (with long history) can have bugs. How to mitigate？ Split your funds in a few wallets maybe？ This has a different set of risks. Nothing is 100%. Stay informed. Stay SAFU!,” he said.　　On July 30, some bitcoin users discovered that funds from their Coldcard wallets had been stolen in a series of unexpected transactions. The attacker exploited a firmware flaw dating to March 2021 that weakened the randomness used to generate recovery seeds on certain Coldcard models. By reconstructing private keys offline, the attacker was able to drain funds without ever physically accessing the devices.　　Initial reports said about 594 BTC, worth $38 million at the time, were drained from around 500 wallet in a 25-minute window. Subsequent analysis by Galaxy Research expanded the scope to 1,082.65 bitcoin, valued at approximately $70 million, drained from 1,196 addresses over about 41

08-01Industry

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