COINJAKA

XRP whales are increasing.. and the price is trying to regain $1

Despite XRP falling by more than 70% from its peak, the number of wallets holding one million XRP or more rose from about 2,006 to 2,038 wallets over three months, reflecting continued interest from large holders, though this does not necessarily mean new investors are entering the market.

Meanwhile, current price action shows XRP attempting to stabilize above the $1 level, where it is trading around $1.0034. Technically, the MACD shows a slight improvement, while the price remains above the short moving averages, which provides an opportunity for the rebound to continue if it holds the $1 support.

Resistance: $1.0074, then $1.0084
Support: $0.9990, then $0.9882

A break above $1.0084 could support further upside, while a drop below $0.9990 may bring back selling pressure. The increase in large wallets remains a potentially positive factor, but it is not a guarantee of XRP’s rise

BTC: Short-Term Bullish Rebound

Bitcoin near $63,140, with positive momentum as MACD is rising
Support: 63,080$ — Resistance: 63,200$ then $63,250
Holding above 63,080$ supports the continuation of the uptrend

CLARITY Act.. September 15 is a decisive deadline

The CLARITY Act regulating the cryptocurrency market in the United States has faced consecutive delays due to disagreements over DeFi, stablecoins, anti–money laundering, and ethics.

After the Senate Banking Committee approved it in May by a vote of 15 to 9, the Senate entered an August recess without taking the final vote.

September 15, 2026 is the next most important milestone, as an procedural vote is expected, but it will not mean the law is definitively passed. If it succeeds, the bill would still need to complete the Senate’s procedures, resolve any differences with the House of Representatives, and then be signed by the President.

Success in September negotiations could pave the way for the law to be passed during the fall, while failure may push the legislation to 2027#clarity

Short-term BTC sell pressure analysis

Resistance: 63,033$ then 63,170$ and 63,400$
Support: 62,850$ then 62,535$
MACD: Negative with DIF remaining below DEA, indicating weakening upward momentum
Price is moving near MA99 at 62,985$ , so breaking it could increase sell pressure
Holding above 62,850–62,985$ may allow an attempt to rise toward 63,170$ , while breaking 62,535$ would be a stronger bearish signal

Sovereign wealth funds are strongly turning toward Bitcoin

Sovereign funds in Norway and the UAE are continuing to increase their indirect exposure to Bitcoin through investment instruments such as Strategy stock (MSTR) and BlackRock’s IBIT fund.

Norway’s sovereign wealth fund holdings tied to Bitcoin have risen, with a strong focus on MSTR alongside other companies such as Coinbase and MARA.

In the UAE, regulatory disclosures revealed an investment swap holding about 14.7 million shares from the IBIT fund, valued at approximately $565.6 million, reflecting the continued increase in institutional exposure to Bitcoin.

This trend also reflects growing interest from major institutions in Bitcoin through regulated investment instruments rather than direct ownership of the coin.

Binance restricts transfers with 11 crypto platforms, including HTX, starting August 23

Binance announced that it will restrict the processing of transactions related to 11 cryptocurrency platforms and services starting August 23, 2026, as part of a move to tighten compliance measures with regulatory requirements and international sanctions. (The Block⁠)

The list includes the HTX platform (formerly Huobi), along with Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, and EXMO.

Under the decision, Binance may stop processing deposits and withdrawals related to these platforms, and some transactions may be subject to review, with the possibility of restrictions being imposed on the associated wallets. (bloomingbit⁠)

This step comes amid increased sanctions and regulatory oversight related to Russia and Iran. HTX was among the platforms targeted by European and UK sanctions measures.

What matters for users: the decision does not mean shutting down HTX or removing the existing coins on it, and it does not mean stopping trading of cryptocurrencies on Binance. The main impact relates to the movement of funds and transfers between Binance and the listed platforms (TradingView⁠)

Therefore, users who rely on direct transfers between Binance and HTX or any other platform covered by the decision are advised to consider August 23 and review the available transfer methods before the restrictions take effect


#binance

Is LINK gearing up for a new launch?

Despite LINK’s weak performance, recent developments suggest the picture may be changing. The mechanism for extracting payments and Chainlink’s reserve could increase demand for the coin as network usage grows.

Additionally, whale transactions have risen noticeably, reflecting increased activity from large investors.

Technically, the $7 area remains an important accumulation zone, while a breakout above $13–$14 could open the door to a stronger bullish wave—especially as Bitcoin dominance declines and liquidity returns to alternative coins.

LINK isn’t necessarily “dead,” but sustaining the uptrend requires real growth in network usage and that translating into sustained demand for the coin.

Morgan Stanley expands its investments linked to XRP

In its Q2 report, Morgan Stanley revealed that it holds stakes in 3 XRP ETF funds: Franklin, REX-Osprey, and Bitwise, along with shares in the Armada company associated with Evernorth, which is supported by Ripple.

The move comes as investment flows continue into XRP funds, while the $1 level remains an important support area for the price; breaking it could lead to increased selling pressure.

SEC cancels an important meeting on regulating digital currencies

The U.S. Securities and Exchange Commission (SEC) announced the cancellation of a meeting that was scheduled for Friday, August 14, 2026, during which it was planned to discuss proposed new rules to regulate certain asset offerings related to digital currencies. (SEC⁠)

The meeting would have focused on establishing a dedicated regulatory framework for certain investment contracts associated with digital assets, in line with the agency’s push to set clearer rules for the digital currency sector.

The cancellation comes at a sensitive time, coinciding with the CLARITY bill’s delay in the U.S. Senate, which further increases uncertainty about the future regulation of the digital currency market in the United States. (Reuters⁠)

So far, the SEC has not set a new date for the meeting. Continued postponement could heighten anticipation and volatility in the digital currency market, especially as investors watch for any new regulatory steps.

Canceling the meeting does not mean canceling the proposed rules; it means that the vote to put them up for public discussion will not take place at the scheduled time, until a new date is set. (SEC⁠


#clarity

Bitcoin is awaiting a decisive breakout to regain momentum

The overall trend for Bitcoin still leans bearish despite recent rebound attempts

Support: $62,886 – $63,775
Critical level: $62,220
Resistance: $64,470

A breakout above $64,470 and holding above it could support the continuation of the uptrend toward $69,000–$72,000, while a break below $62,220 would weaken this scenario and open the door to further downside

Bitcoin needs to break above resistance to confirm an improvement in the trend, while keeping support at $62,220 key to maintaining the chances of a rally

Bitcoin under selling pressure.. and the rebound needs to break resistance

BTC is trading near $63,352 on a 15-minute timeframe as selling pressure continues after the price failed to hold levels above
Support: $63,238$ then $63,174
Resistance: $63,455$ then $63,736
Breaking $63,238$ could drive further downside, while breaking $63,455$ supports a rebound toward the next resistance

US CPI data supports hopes for interest rate cuts

U.S. CPI data for July showed annual inflation rising to 3.4%, while core inflation stood at 2.5% year over year, and the figures came in line with market expectations.
The data does not indicate a significant acceleration in inflation, which may give the Federal Reserve more room to consider cutting interest rates in the future
For Bitcoin and digital currencies: the impact is modestly positive, but the lack of a strong surprise in the data may keep the market’s reaction calm
Continued cooling in inflation may support high-risk assets, but markets will look ahead to upcoming jobs data and Federal Reserve decisions to confirm the trend

Why is the XRP price falling? Selling pressure is increasing

XRP is facing bearish pressure as the price drops by about 3.4% over the past 24 hours amid weakening inflows into XRP exchange-traded funds and a decline in network activity. This was also driven by the liquidation of positions worth around $8.45 million, most of which were long (buy) positions, increasing selling pressure

Support: 0.9915$ then 0.9892$
Resistance: 1.0032$ then 1.0056$ and 1.0125$

Holding above $1 could give XRP a chance to rebound, while breaking 0.9915$ may increase pressure and push the price toward lower support zones

US Inflation Indicator Awaits the Markets Tomorrow

Wednesday, August 12, 2026
3:30 PM Saudi Time
The US Consumer Price Index (CPI) for July is scheduled to be released tomorrow at exactly 8:30 AM New York time, i.e., 3:30 PM Saudi time
The data carries significant importance for Bitcoin and the markets, especially as investors’ expectations converge regarding the Federal Reserve’s decision in September
Lower-than-expected inflation: may support Bitcoin and raise hopes for a rate cut
Higher-than-expected inflation: may increase pressure on Bitcoin and the markets and raise expectations for tightening monetary policy

Bitcoin faces selling pressure.. and breaking support may widen the decline

BTC is trading near $63,914 with clear weakness on the 15-minute timeframe
A break of the $63,806 support level could push the price toward $63,720 and then to lower levels
Meanwhile, breaking the $64,090 resistance could support a rebound toward $64,325
The short-term trend is leaning bearish, and monitoring a support break or a resistance breakout will be crucial for the next move

Is Chainlink ready for a new bullish wave

Long-term forecasts suggest Chainlink (LINK) could reach $200 by 2030, supported by the expansion of tokenized real-world assets and institutional adoption of blockchain

Technically: LINK is trading near $8.23 with weak short-term momentum. A break above $8.30 and then $8.40 could support a return to bullishness, while a break below $8.16 may open the door to further downside

The long-term outlook is positive, but LINK first needs to clear nearby resistance levels to confirm the start of a new bullish wave

Pi Network approaches a critical deadline: Protocol 26 enters the implementation phase

Pi Network has set August 11, 2026 as a final deadline for mainnet network contract operators to complete the Protocol 26 update; otherwise, the nodes may lose connection to the network until the update is completed.

The update aims to improve network infrastructure, security, and encryption, and to support developers and decentralized applications. It does not relate to regular mining app users who do not run nodes.

In the market, the price of PI has risen by about 12% over the past week as it nears the $0.10 level, but the expected token unlocks during August could create price pressure#pi

The Senate Delays Voting on the CLARITY Law

The U.S. Senate has postponed voting on the CLARITY bill regulating digital currencies until after the summer recess, with expectations of resuming debate and voting during September.
The delay comes amid disputes between Republicans and Democrats over certain provisions of the bill, while passage remains an important step toward establishing a clearer regulatory framework for the digital currency market in the United States
The bill was not rejected, but it faces delays and political disagreements, and its fate remains undecided


#clarity

Is Pi Network getting close to a listing on Binance?

The listing of Pi Network (PI) on the Binance platform is still unconfirmed despite the ongoing demands from the Pi community to add the coin to the exchange.

In February 2025, Binance held a community vote regarding the listing of PI, and the listing option received strong support from participants, but no official announcement has been issued yet to confirm the listing date.

The listing process faces several factors, the most prominent being regulatory compliance, technical due diligence, liquidity distribution, and operations related to opening future tokens.

If Binance decides to list PI, it could be an important catalyst for liquidity and increased access to the coin, but it won’t be the only guarantee for a price increase.

The Pi community is awaiting Binance’s decision, but until now there is no official listing date, and any talk about a near-term listing remains mere speculation unless an official announcement is issued by the platform#pi

Bitcoin is approaching a test of the $67,500 level

Bitcoin continues to trade near $65,000 amid expectations for a rise to $67,500 during August. Market forecasts show a probability of around 54% to break this level, while chances fall to 31% at the $70,000 level.
The $65,500 level is considered an important resistance in the near term, while a $67,500 range could pose a crucial test for the continuation of the rebound.
Meanwhile, inflows into spot Bitcoin exchange-traded funds provide positive support for the market after recording about $754 million in weekly inflows.
Bitcoin needs to break through $65,500 and then $67,500 to confirm bullish strength, while the possibility of forming a new bottom remains if it fails to surpass these levels