کرپٹو گائیڈز، معلومات اور تجزیے

Bitcoin Price Analysis: Key Levels to Watch

The Bitcoin price traded between $63,500 and $64,000 this week, according to data from CoinGecko, remaining below the $65,000 level it has struggled to hold above in recent days.　　Bitcoin spot exchange volume has fallen to its lowest point since Glassnode began tracking the series in early 2019, according to data shared by Wu Blockchain, while Bitcoin volatility has compressed to levels last seen in October 2023, per a post from Crypto Rover.　　This is not simply a quiet summer tape. It is a market where the two forces that typically resolve a range, fresh demand and forced selling, have both gone missing, leaving price pinned between two cost-basis levels that keep converging.　　Bitcoin Price Breakout Setup: The Median Realized Price vs. the Short-Term Holder Floor　　BTC is currently wedged between the $63,000 median realized price, which functions as a floor because it marks the midpoint of every holders cost basis, and the $68,700 short-term holder cost basis.　　This acts as a ceiling representing the average entry point of recent buyers. Glassnodes Week 32 research describes this pocket as one price has occupied for nearly three months, with both boundaries narrowing as volatility compresses.　　Analyst Ted Pillows noted that Bitcoin failed to hold above $65,000 even

2 دن پہلےانڈسٹری

Binance bStocks pass xStocks as second-largest tokenized stock issuer

Binance bStocks have overtaken xStocks to become the second-largest tokenized stock issuer by value less than two months after launch.　　BStocks reached about $624 million on Aug. 3, surpassing xStocks at roughly $579 million but trailing Ondo Finance at about $927 million, according to Token Terminal data. As of Tuesday, bStocks remained in second place at $610.6 million, narrowly ahead of xStocks at $601.2 million.　　The issuer landscape has shifted sharply as the tokenized stock market has grown. A year earlier, xStocks led with $40.7 million, followed by Robinhood at $37.2 million, while Ondo held about $65,000. The total value tracked by Token Terminal has since surged from roughly $80 million to about $2.7 billion.　　Tokenized stock value by issuer on Aug. 3, 2025, Aug. 2, 2026 and Aug. 3, 2026. Source: Token Terminal　　Binance launched bStocks on June 11 to give investors exposure to US stocks through blockchain-based tokens without directly owning the underlying shares.　　Changpeng Zhao, Binance‘s co-founder and former CEO, attributed bStocks’ rapid growth to Binances user base.

2 دن پہلےانڈسٹری

SEC allows Franklin Templeton funds to invest in onchain money fund

Franklin Templeton received the regulatory nod to invest in its own blockchain-based money-market fund under specific guardrails, without having to adhere to physical custody regulations.　　The Securities and Exchange Commission (SEC) issued a no-action letter on Wednesday stating it wont take enforcement action if Franklin Templeton fund managers invest cash in the Franklin OnChain U.S. Government Money Fund, an interest-bearing tokenized fund that invests in US government securities and aims to maintain a stable $1 share price.　　The SEC will also allow the affiliated transfer agent, Franklin Templeton Investor Services (FTIS), to act as custodian for the tokenized funds and hold their private keys without adhering to existing physical-custody rules. It comes in response to Franklin Templetons formal no-action request letter sent earlier on Wednesday.　　Franklin Templeton oversees $2.5 billion in onchain assets through its tokenized funds, as the fifth-largest tokenized asset manager, according to RWA.xyz.　　The fund giant launched a dedicated crypto division and acquired crypto asset manager 250 Digital in June, as part of its push into crypto and tokenization.　　The SECs letter described 12 conditions, including requiring Franklin Templeton to maintain systems that prevent unauthorized instructions, and requiring FTIS to maintain administrative controls, such as the ability to correct, freeze, migrate or

2 دن پہلےانڈسٹری

Monaco moves to overhaul crypto rules with MiCA aligned framework

Monacos government has submitted a bill to replace its 2022 crypto regulatory regime with a new licensing framework that would place crypto-asset service providers under stricter authorization, governance and compliance requirements.　　The government‘s Bill No. 1131 was formally submitted to Monaco’s National Council on Aug. 6, setting out a new framework designed to bring the Principality‘s crypto rules closer to the European Union’s Markets in Crypto-Assets Regulation and standards developed by the Financial Action Task Force.　　If adopted, the legislation would replace key parts of the system introduced under Law No. 1.528 in July 2022, while giving Monacos financial regulator a larger role in approving and supervising companies offering crypto services.　　The proposal comes as Monaco remains subject to increased scrutiny over its anti-money laundering controls. The Financial Action Task Force continues to include the Principality among jurisdictions under increased monitoring, commonly known as the FATF grey list, while the European Union classifies Monaco as a high-risk third country for money laundering and terrorist financing controls.　　Monaco crypto rules would move to a CCAF-led licensing system　　Under the proposed framework, companies seeking to provide regulated crypto-asset services would need prior authorization from the Commission de Contrôle des Activités Financières, or CCAF.　　The bill more precisely sets

2 دن پہلےانڈسٹری

Strategy, Metaplanet unrealized bitcoin losses highlight risk of concentrating on just one token

Compounding the issue, many DAT firms have consistently favored issuing debt to fund purchases of BTC. That strategy raises the question of how different they are from governments that borrow heavily to fund investments that fail to generate adequate returns. Both, ultimately, lead to high indebtedness relative to income. As we have noted before, bitcoin lacks inherent yield, return or cash flow.　　For now, however, the market doesn‘t appear to be worried about these dynamics. BTC continues to trade between $62,000 and $66,000, as it has for weeks, with today’s price action largely below $64,000.　　Some analysts say they remain optimistic that the bear market has run its course, pointing to a price range that corresponds with the previous bull-cycle high.　　“The peaks of the 2021 bull market were close to these levels,” Alex Kuptsikevich, the chief analyst at FxPro, said in an email. “Three years ago, Bitcoins decline generally halted at $20K, which was close to the peak of the previous bull market at the end of 2017. This supports our view that the decline may have run its course, with bearish momentum fading as Bitcoin approaches the 200-week moving average.”　　Other analysts have turned their focus to Augusts Jackson Hole symposium of

2 دن پہلےانڈسٹری

Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode

Bitcoin (BTC) recent buyers are the latest hurdle to a breakout from a stubborn trading range in place since June.　　Key points:Bitcoin short-term holders are keen to sell into range highs as they seek to break even on their investment.BTC price action remains stuck in its near three-month range as a result, Glassnode suggests.Nearly 9% of the BTC supply has a cost basis between $62,000 and $65,000.　　Bitcoin short-term holders seeking breakeven exit　　In the latest edition of its weekly newsletter, crypto analytics platform Glassnode highlighted the ongoing significance of Bitcoins speculative investor base.　　Short-term holders (STHs) — those holding BTC acquired within the past six months — are currently around 7.2% underwater on their investment in aggregate. The cohorts cost basis, also known as realized price, which Glassnode calculates at $68,700, thus forms a key resistance level to clear.　　“The cost-basis ladder frames the stalemate. Spot sits just above the Median Realized Price at $63.0K, the level that splits every coin‘s cost basis down the middle, and below the Short-Term Holder Cost Basis at $68.7K, the average entry of the market’s most recent buyers,” it wrote.　　“That cohort is underwater, which historically makes it quick to sell into recoveries, while the median level has absorbed

2 دن پہلےانڈسٹری

‘DeFi doesn’t exist anymore, just onchain finance: Andre Cronje

Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network.　　“I don‘t think DeFi exists anymore outside of those very small niches,” Cronje told Cointelegraph during Thursday’s Chain Reaction X Spaces show.　　He argued that “true DeFi” needs to be decentralized, immutable and without an intermediary, adding: “That statement isnt really true for pretty much any other protocols running today.”　　Its an idea that Cronje has been raising for months. Earlier this year, he said much of DeFi is “no longer DeFi” in the strict sense, as builders debate whether circuit breakers and other emergency controls are now necessary to protect users from exploits.　　Total value locked (TVL) in DeFi more than halved over the past 10 months, to $75 billion at the time of writing from $167 billion in early October 2025, according to DefiLlama.DeFi TVL, all-time chart. Source: DefiLlama　　He‘s not alone in this thinking. The European Central Bank has also questioned whether decentralized autonomous organizations (DAOs) are sufficiently decentralized to remain outside regulators’ scope. In a March working paper, the ECB looked at Aave, MakerDAO, Ampleforth and Uniswap and found that the top 100 governance token holders

2 دن پہلےانڈسٹری

XRP Ledger Payments Hit Four-Month High as XRP Sits at $1

Daily successful payments on the XRP Ledger crossed 2.6 million for the first time in roughly four months, according to reporting from The Crypto Basic, aggregated by cryptorank.io on August 10, 2026. XRP is trading at $1.01 as this news dropped, with bullish on-chain metrics unable to provide the much-needed boost to price action.　　The increase follows a prolonged period in which XRP traded at lower price levels while activity on the XRP Ledger declined. The latest reading points to a pickup in payments activity after that downtrend.　　$XRP is showing a different kind of activity on the ledger today.　　In the latest 24-hour window, XRPL processed about 1.45 million transactions. Around 495,000 were payments. More than 835,000 were OfferCreate transactions.　　For people who dont watch the ledger closely,…　　— MRCΛULIMΛN (@mrcauliman) August 12, 2026　　XRP Ledger Payments Reach a Four-Month High　　The 2.6 million figure was described as the highest level for daily successful XRP payments in four months. The Crypto Basic report, as aggregated by cryptorank.io, linked the increase to renewed activity on the XRP Ledger despite XRPs extended price decline.　　The reading adds to a picture of elevated activity on the network, although the available data covers a single daily count. Earlier XRP Ledger figures

2 دن پہلےانڈسٹری

Binance bStocks tops $610M, overtakes xStocks within two months

Binance bStocks has overtaken xStocks to become the second-largest tokenized stock issuer by value, less than two months after the product entered the market.　　SummaryBinance bStocks has become the second largest tokenized stock issuer, reaching $610.6 million in value.BStocks moved ahead of xStocks less than two months after its June launch.Ondo Finance remains the largest issuer, while the tokenized stock market tracked by Token Terminal has grown to about $2.7 billion.Binance co founder Changpeng Zhao attributed bStocks‘ rapid growth to the exchange’s existing user base.　　Token Terminal data showed bStocks reached about $624 million in value on Aug. 3, moving ahead of xStocks at roughly $579 million while remaining behind Ondo Finance, which held about $927 million.　　As of Tuesday, the gap between the two closest competitors had narrowed. BStocks held $610.6 million, compared with $601.2 million for xStocks, while Ondo remained the largest issuer in the Token Terminal ranking.　　Tokenized stocks market cap by issuer. Source: Token Terminal data.　　The change has come during a sharp expansion in tokenized equities, with the total value tracked by Token Terminal climbing from roughly $80 million a year ago to about $2.7 billion.　　Binance bStocks has climbed to second place within two months　　Launched in June, bStocks has gained

2 دن پہلےانڈسٹری

OranjeBTC plans ETF with 95% Strategy STRC allocation

Brazilian Bitcoin treasury company OranjeBTC plans to list a new income focused ETF on B3 in early September, giving local investors exposure to preferred shares issued by U.S. Bitcoin treasury companies Strategy and Strive.　　SummaryOranjeBTC plans DIGY11 for B3, initially holding Strategy‘s STRC and Strive’s SATA preferred share securities.The fund targets monthly real-denominated distributions and expects listing in early September, subject to launch.OranjeBTC estimates distributions at CDI plus three to five points annually, but returns remain unguaranteed.Strategy‘s STRC currently pays a 12% annualized dividend rate, while Strive’s SATA pays 13% annually.DIGY11 will hedge dollar exposure, charge 0.90% management fees, and trade with daily liquidity locally.　　The Digital Yield ETF, or DIGY11, will make monthly distributions in Brazilian reais and hedge its U.S. dollar exposure, according to the companys release.　　The initial portfolio is expected to be heavily concentrated in Strategy‘s STRC preferred stock. Exame reported that STRC will represent 95% of the portfolio, leaving the remaining allocation for Strive’s SATA. OranjeBTCs broader public announcement confirms both securities and says STRC will have the largest weight, although it does not publish the exact 95% figure.　　You might also like:　　Bhutan taps 3iQ to manage part of Bitcoin treasury　　OranjeBTC DIGY11 targets monthly income rather than Bitcoin exposure　　DIGY11

2 دن پہلےانڈسٹری

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