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Bitcoin profitability has entered a historic capitulation zone.
The signal suggests the market may be in a potential bottoming phase.
Analysts say weak hands are exiting while higher-conviction buyers accumulate.
Bitcoin profitability has dropped into what analysts describe as a historic capitulation zone, a level that has previously coincided with the later stages of major market downturns.
Capitulation occurs when investors sell their holdings after prolonged losses, often marking a period of extreme pessimism. During these phases, market participants with lower conviction exit their positions, while long-term investors begin accumulating at lower prices.
Although capitulation has historically appeared near important market bottoms, it is not a guarantee that the decline has ended.
Profitability Falls Into Bottoming Territory
According to the latest market analysis, “It flushes out over-leveraged traders and weak hands, transferring coins to buyers with a lower cost basis and significantly higher conviction.”
The shift in ownership from short-term or leveraged traders to investors with stronger conviction is often viewed as a constructive long-term development. As coins move into the hands of buyers with lower acquisition costs, selling pressure may gradually ease, creating conditions that can support future recoveries.
However, analysts emphasize that additional confirmation from price action, spot demand, and macroeconomic conditions remains important.
Capitulation Zone: Bitcoin Profitability Hits Historic Bottoming Territory
“It flushes out over-leveraged traders and weak hands, transferring coins to buyers with a lower cost basis and significantly higher conviction.” – By @EgyHashX
Link https://t.co/XnIwFXMGR5 pic.twitter.com/YhmuuYkUM0
— CryptoQuant.com (@cryptoquant_com) August 14, 2026
What Investors Should Watch
The latest Bitcoin capitulation zone reading suggests the market may be progressing through a critical stage of the current cycle.
Investors will continue monitoring on-chain indicators, ETF flows, and broader economic developments to determine whether capitulation evolves into a sustained recovery. While historical data points to improving long-term risk-reward conditions, confirmation from stronger demand and market momentum will be key before declaring a definitive bottom.

RedotPay has delayed its planned U.S. IPO until 2027 or later.
The decision comes amid regulatory hurdles.
A $470 million Binance lawsuit has also weighed on the company’s listing timeline.
Crypto payments company RedotPay has reportedly postponed its planned U.S. initial public offering (IPO) to 2027 or later, according to Bloomberg.
The revised timeline reflects ongoing regulatory challenges facing the company as it evaluates the best path toward a public listing. Delaying the IPO gives RedotPay additional time to address compliance requirements and market conditions before proceeding with its plans.
The report comes as crypto firms continue navigating a complex regulatory environment ahead of potential public offerings.
Regulatory Issues and Binance Lawsuit
According to Bloomberg, the IPO delay is also linked to a $470 million lawsuit involving Binance, adding another layer of uncertainty to the company’s listing plans.
While RedotPay continues to operate its crypto payment services, resolving regulatory and legal matters is expected to remain a priority before moving forward with an IPO. The company has not announced a new target listing date beyond indicating that it is expected to occur no earlier than 2027.
LATEST: RedotPay delays its US IPO to 2027 or later amid regulatory hurdles and a $470M Binance lawsuit, per Bloomberg. pic.twitter.com/r0hfcBdwxJ
— Cointelegraph (@Cointelegraph) August 14, 2026
Crypto IPO Market Remains Challenging
The RedotPay US IPO delay highlights the challenges crypto companies continue to face when pursuing public listings.
Regulatory scrutiny, legal disputes, and changing market conditions remain key factors influencing IPO timelines across the digital asset industry. Investors will be watching for further updates on RedotPay’s regulatory progress and any developments related to the Binance lawsuit that could affect its future listing plans.

Market conditions in 2026 have drawn a clear line between temporary viral hype and lasting network value. Following a broad correction that pulled leading altcoins away from previous peaks, participants have become increasingly analytical, directing capital toward ecosystems that demonstrate tangible user activity. While retail sentiment continues to drive momentum, capital is flowing toward verifiable conviction rather than marketing catchphrases. Within this environment, active community scale has emerged as a crucial fundamental metric.
A digital asset supported by millions of active participants possesses built-in transaction demand, broad token distribution, and organic word-of-mouth visibility that paid promotions cannot duplicate. Consequently, searches for the next big crypto coin in 2026 consistently highlight grassroots adoption rather than venture-backed launches. Investors seeking high-multiple opportunities are tracking where everyday participants assemble. Platforms driven by the largest, most engaged communities are establishing market direction as the year progresses.
1. BlockDAG Expands Distribution Across 3.6M Active Participants
BlockDAG leads the early-stage market primarily through its massive user scale. The project reports an ecosystem of approximately 3.6 million individuals, spanning token holders, social media channels, and active mobile app miners across international markets. Securing adoption metrics of this magnitude prior to public exchange listings represents a rare milestone that alters the asset’s growth trajectory.
This positioning opens at the foundational level: BlockDAG is running Stage 1 of its presale at an opening price of $0.002. Structured across 25 sequential stages, the token price advances incrementally up to $0.05 in the final presale phase before reaching its $0.10 reference launch target. For Stage 1 participants, this structured curve maps out a built-in 25x increase by the final presale phase and a 50x return on investment (5,000%) at official launch.
While conventional early-stage tokens rely heavily on venture capital firms that concentrate supply among institutional funds, BlockDAG distributes token allocations across millions of retail buyers. Proponents highlight that widespread ownership fosters network loyalty that centralized fund backing cannot replicate.
Furthermore, millions of daily active users posting, sharing, and mining generate organic viral reach that compounds continually. For market participants assessing candidates for the next big crypto coin in 2026, this distributed foundation serves as the primary growth engine.
2. Dogecoin Sees Whales Accumulate Near Key Technical Support
Dogecoin trades near $0.07 with a total market capitalization approaching $12 billion. The asset remains down over 70% year-to-date while defending technical support around $0.069. Behind the scenes, blockchain analytics reveal that large wallet addresses accumulated roughly 680 million DOGE, valued at approximately $48 million, during recent price dips.
While whale accumulation does not guarantee an immediate price reversal, moving tokens into cold storage reduces exchange-side selling pressure. Dogecoin continues to serve as the baseline benchmark for community-led cryptocurrencies, and traders are monitoring whether the $0.069 price floor holds firm.
3. Shiba Inu Develops Technical Upgrades Amid Consolidation
Shiba Inu trades near $0.0000046 with a market valuation around $2.65 billion, reflecting an 8% weekly contraction following an earlier 28% rally that encountered resistance at $0.00000548.
Despite price stagnation, ecosystem development continues to progress. The Shibarium privacy upgrade, engineered alongside cryptography firm Zama, remains scheduled for delivery in the second half of the year. Concurrently, Shibarium network transaction volume rose 78% within a single week, while July token burn rates reached a six-month high. Accompanied by Grayscale and T. Rowe Price ETF speculation, Shiba Inu is adding significant technical features to its roadmap.
4. XRP Stabilizes Near Key Thresholds as Large Wallets Expand
XRP trades near $1.02 after briefly dipping below $1.00 to a low of $0.99 on August 11 during a market-wide pull-back, marking a 29% valuation decline over three months.
Despite price volatility, on-chain distribution metrics reveal that wallets holding at least one million XRP added 32 new addresses during the decline, indicating institutional accumulation while smaller holders exited.
Market analysts point to key technical support near $0.92 and resistance at $1.00, with a sustained close above $1.00 required to signal a broader recovery.
Key Insights!
Dogecoin, Shiba Inu, and XRP illustrate how dedicated communities sustain token utility through challenging market phases. Dogecoin preserves its price floor through whale accumulation, Shiba Inu advances core technical infrastructure, and XRP retains a strong holder base through market fluctuations.
BlockDAG enters this landscape with 3.6 million registered members prior to its public exchange listing. Starting from a Stage 1 entry price of $0.002 with a projected 50x launch ROI target, it combines structural mechanics with a massive user base. As market leadership shifts toward organic user adoption, BlockDAG’s multi-million-member foundation establishes a strong case for the next big crypto coin in 2026.

CZ commented on the recent Trezor data breach involving a third-party shipping provider.
He said the incident highlights a privacy advantage of software self-custody wallets.
Software wallets do not require physical delivery tied to a customer’s name and shipping address.
CZ Trezor Data Breach Comments Focus on Privacy
Binance founder Changpeng Zhao (CZ) has weighed in on the recent Trezor data breach, arguing that the incident highlights one advantage of software-based self-custody wallets.
The breach occurred at one of Trezor’s shipping providers and exposed personal information belonging to customers. Trezor previously said 11,742 customers were fully affected, while another 1,947 customers had partial information exposed.
The company stressed that its own systems and hardware devices remained secure.
Software Wallets Avoid Shipping Data
In his comments on the CZ Trezor data breach, Zhao pointed to an important difference between hardware and software self-custody.
Buying a physical hardware wallet can require customers to provide information such as a name, phone number and delivery address. That creates personal data outside the wallet itself that could potentially be exposed if a retailer, logistics company or another third party suffers a breach.
Software self-custody wallets, by comparison, can be installed without shipping a physical device to the user. This removes the delivery-related data trail that CZ highlighted.
That does not mean software wallets are automatically safer overall. Hardware and software wallets have different security and privacy trade-offs, and users still need to protect recovery phrases and private keys.
NEW: Binance founder CZ weighs in on the Trezor data breach, noting it reinforces an advantage of software self-custody wallets.
Unlike hardware wallets, they don't require a physical device tied to your identity and shipping address. pic.twitter.com/xqg1X083lt
— Cointelegraph (@Cointelegraph) August 14, 2026
Trezor Breach Raises Wider Privacy Questions
The CZ Trezor data breach comments bring attention to a broader issue facing crypto self-custody: protecting both digital assets and personal information.
Hardware wallets are designed to keep private keys isolated from internet-connected devices, but ordering physical products can introduce separate privacy risks through third-party services.
The incident may encourage wallet users to consider not only how their private keys are protected, but also how personal information is collected and stored throughout the purchasing process.
Read Also:
CZ Says Trezor Breach Highlights Software Wallet Advantage
Five Green Flags to Look for in a Crypto Presale – and How BlockDAG (BDAG) Checks Every Box
Best Crypto Presale: BlockDAG’s 50x ROI Predictions Steal Momentum From Alphapepe & Pepeto in Q3
Trezor Shipping Data Breach Exposes Customer Information
BlockDAG Attracts Heavy Buying in Stage 1 Presale, While TRON Climbs 17% & Bittensor Tests Key Support

Trezor disclosed a shipping provider data breach affecting customer information.
11,742 customers had personal data exposed, while 1,947 experienced partial exposure.
Trezor said its systems, hardware wallets, and devices were not compromised.
Hardware wallet manufacturer Trezor has disclosed that a breach involving one of its third-party shipping providers exposed customer information.
According to the company, the incident affected 11,742 customers, whose names, addresses, phone numbers, and email addresses were exposed. An additional 1,947 customers had partial customer data compromised.
The breach was limited to information held by the external shipping provider and did not involve Trezor’s internal systems.
Systems and Devices Remain Secure
Trezor emphasized that its systems, hardware wallets, and customer devices remain secure, stating that the incident did not compromise wallet security or private keys.
While no cryptocurrency assets were reported stolen as a result of the breach, exposed personal information could increase the risk of phishing attempts and other social engineering attacks targeting affected customers.
The company is expected to continue notifying impacted users and working with the shipping provider as the investigation progresses.
ALERT: Trezor says a breach at one of its shipping providers exposed customer names, addresses, phone numbers and emails.
11,742 customers were fully affected, while 1,947 had partial data exposed. Trezor says its systems and devices remain secure. pic.twitter.com/6Dm1ddltzV
— Cointelegraph (@Cointelegraph) August 13, 2026
Customers Urged to Stay Vigilant
The Trezor shipping data breach highlights the risks associated with third-party service providers in the cryptocurrency industry.
Customers affected by the incident should remain cautious of unsolicited emails, phone calls, or messages requesting sensitive information or wallet recovery details. As investigations continue, users are encouraged to verify communications directly with Trezor and avoid sharing recovery phrases or private keys under any circumstances.

A USENIX study identified 65,340 abusive crypto addresses.
The addresses were linked to $574.8 million in losses across Ethereum and BNB Chain.
Researchers extracted 16.3 million+ private keys from 63,004 GitHub repositories.
A new USENIX study has identified 65,340 abusive crypto addresses connected to approximately $574.8 million in losses across Ethereum and BNB Chain.
The research highlights the ongoing risks associated with improperly secured cryptographic credentials and publicly exposed code repositories. According to the study, attackers were able to exploit exposed private keys to gain unauthorized access to cryptocurrency wallets and associated assets.
The findings underscore the importance of secure key management throughout the blockchain ecosystem.
Millions of Private Keys Found on GitHub
Researchers reported extracting more than 16.3 million private keys from 63,004 GitHub repositories, demonstrating the scale of sensitive information inadvertently exposed online.
Publicly committing private keys to source code repositories can allow attackers to quickly identify compromised wallets and transfer funds without authorization. The study suggests that insecure development practices remain a significant source of crypto-related losses.
Developers are encouraged to use secure secret management tools and regularly scan repositories for exposed credentials.
UPDATE: A USENIX study found 65,340 abusive crypto addresses tied to $574.8M in losses on Ethereum and BNB Chain.
Researchers extracted 16.3M+ private keys from 63,004 GitHub repositories. pic.twitter.com/Yyje5kYStb
— Cointelegraph (@Cointelegraph) August 13, 2026
Security Remains a Critical Challenge
The latest findings on abusive crypto addresses reinforce the need for stronger security standards across the digital asset industry.
As blockchain adoption continues to grow, protecting private keys remains one of the most important responsibilities for developers, organizations, and individual users. The research serves as a reminder that operational security is just as important as blockchain protocol security in preventing cryptocurrency theft.

Crypto has long been split into two camps. On one side sit speculators chasing fast returns; on the other, builders who care about throughput, security, and what a network can actually do. For most of the last cycle those groups pulled in different directions, and projects tended to win one while losing the other. The 2026 market is rewarding the rare names that satisfy both.
As capital rotates out of stalled tokens, it is flowing toward platforms where aggressive upside and working technology sit in the same place. The search for the best crypto to buy now for 5000x ROI increasingly overlaps with the search for genuine infrastructure, not just a good story. Anyone hunting the next big crypto with 1000x Potential is now asking a harder question: does the technology draw developers at the same time the tokenomics draw traders? The projects that answer yes are pulling ahead of a crowded field this year.
BlockDAG: where traders and builders meet
BlockDAG leads this list because it speaks to both camps at once. For traders, the pitch is the aggressive upside of an early-stage token offered in Stage 1 at just $0.002. As the presale advances across 25 phases, the token steps up to $0.05 before targeting a $0.10 launch reference price, yielding a 25x return by the final stage and a 50x ROI (5,000%) for opening Stage 1 allocations.
For builders, the pitch is a working mainnet with tools to deploy on, rather than a testnet and a roadmap. That dual appeal is the whole thesis. Speculative buyers are drawn by projections that reach into best crypto to buy now for 5000x ROI territory, while Web3 developers are drawn by live infrastructure they can build against today. When both groups move toward the same token, momentum tends to reinforce itself.
Part of that momentum comes from migration. As users tire of older, slower chains and higher fees, liquidity and activity look for newer homes, and BlockDAG’s DAG-based design is built to absorb that flow. The energy shows up across community channels, trading forums, and Web3 media at once. For anyone weighing the next big crypto with 1000x Potential, the signal to watch is alignment: a project that unites yield-seekers and engineers has two engines pushing it instead of one.
Ethereum (ETH): ETF flows steady a soft chart
Ethereum trades around $1,908, up about 1.4% on the day and 2.9% on the week, with a market cap near $233 billion. Despite the bounce, ETH remains down roughly 35% on the year and more than 50% over twelve months, well below its 2025 peak near $5,000. Institutional demand is the steadying force: U.S. spot Ether ETFs hold about $13.7 billion in assets, though recent daily flows have swung between inflows and outflows.
Ethereum still anchors most of DeFi, stablecoins, and tokenization, which keeps a floor of structural demand under the token. The question for ETH is whether ETF appetite and its developer base can lift price back toward former levels, or whether it grinds sideways through the second half.
Solana (SOL): upgrades and ETF demand
Solana changes hands around $76, up roughly 3% on the day and 5% on the week, with a market cap near $44 billion. The coin sits well under its early-2025 record, but the tone has firmed. Morgan Stanley’s spot Solana ETF, live since late July, drove one of the largest single-day inflows across U.S. SOL products in months.
Technically, SOL has been coiling in a tightening range, with its 20-day and 50-day moving averages overhead as resistance, so a daily close above that band would improve the setup. The Agave v4.2 network upgrade is targeting mainnet in mid-August, aimed at faster block times. Solana remains one of the busiest chains for developers.
Avalanche (AVAX): basing after a long slide
Avalanche trades around $6.30, down about 4% on the day and close to 75% over the past year, with a market cap near $2.7 billion. The token sits far below its $144.96 record from 2021, a reminder of how deep the drawdown has run for older Layer 1s. The near-term picture is mixed: some analysts point to a weekly bullish engulfing candle as early evidence buyers are returning, while shorter moving averages still lean down.
Support sits near $6.10 and resistance around $6.50. Avalanche continues to run its subnet model, letting projects launch custom chains, which keeps developer interest alive even while the price consolidates.
To Conclude
Ethereum, Solana, and Avalanche each show one side of the builder-and-trader equation. Ethereum holds structural demand through ETFs and DeFi, Solana pairs upgrades with fresh institutional flows, and Avalanche keeps its developer base while basing near multi-year lows. All three are proven networks working through a soft market. BlockDAG claims that it can pull both audiences at once from a Stage 1 price of $0.002, offering a 50x launch trajectory up to $0.10 while backing aggressive projections with a live mainnet builders can already use.
That combination is what puts it at the front of this list. None of it guarantees the outsized multiples attached to early tokens, and a presale price is set by the project, not the market. Yet in a year that rewards alignment between speculation and substance, the case for BlockDAG as the best crypto to buy now for 5000x ROI rests on serving two camps most projects reach one at a time.

Deribit has secured a Broker-Dealer Licence from Dubai’s VARA
.The licence allows Deribit’s spot orders to be routed directly to Coinbase Exchange.
The upgraded platform will offer deeper liquidity, more assets, and future collateral support for derivatives trading.
Deribit, a subsidiary of Coinbase, has been granted a Broker-Dealer Licence by Dubai’s Virtual Assets Regulatory Authority (VARA), marking a significant milestone for the exchange’s expansion in the region.
The new licence enables a major enhancement to Deribit’s spot trading platform. Under the upgraded model, spot buy, sell, and trade orders placed on Deribit will be routed directly to Coinbase Exchange for execution.
The integration is expected to provide clients with deeper liquidity and access to hundreds of additional digital assets, strengthening Deribit’s spot market offering.
Expanded Functionality for Traders
Beyond improved liquidity, the upgraded platform is designed to offer greater flexibility for active traders.
Following the necessary regulatory approvals, digital assets purchased through Deribit’s enhanced spot platform will also be eligible for use as collateral in derivatives trading on the exchange. This feature could streamline capital management by allowing users to deploy the same assets across both spot and derivatives markets.
The changes are intended to improve trading efficiency while expanding the range of services available to institutional and professional clients.
Coinbase Subsidiary Deribit Secures Broker-Dealer Licence from Dubai's VARA
Deribit, a Coinbase company, has been granted a Broker-Dealer Licence by Dubai's Virtual Assets Regulatory Authority (VARA). The licence enables a major upgrade to Deribit's spot trading product,… pic.twitter.com/om5ywDNbZO
— Wu Blockchain (@WuBlockchain) August 13, 2026
Dubai Continues to Attract Crypto Firms
The Deribit VARA licence underscores Dubai’s growing role as a global hub for regulated digital asset businesses.
With regulatory approvals enabling closer integration between Deribit and Coinbase Exchange, the company is positioned to enhance its product offering while benefiting from increased market liquidity. Industry participants will be watching the rollout of the upgraded platform and any further regulatory approvals tied to collateral functionality.

The “1011 Insider Whale” is reportedly down $16 million on a Bitcoin long position.
The position was valued at nearly $100 million.
The loss highlights the risks of large leveraged crypto positions during volatile markets.
The trader known as “1011 Insider Whale,” identified by on-chain analyst Garrett Jin, is reportedly holding an unrealized loss of approximately $16 million on a Bitcoin long position valued at nearly $100 million.
The update comes as Bitcoin continues to experience heightened volatility, with large directional positions facing significant swings in unrealized profit and loss.
While the position remains open, its value will continue to fluctuate alongside Bitcoin’s market price.
Large Crypto Positions Carry Significant Risk
High-value Bitcoin positions can experience substantial gains or losses over short periods, particularly during volatile market conditions.
The reported $16 million unrealized loss illustrates the risks associated with maintaining large long positions, especially when leverage or concentrated exposure is involved. Such positions are closely monitored by traders because they can influence market sentiment and, in some cases, contribute to increased volatility if liquidations occur.
At this stage, the reported loss remains unrealized, meaning it could change if Bitcoin’s price moves higher or lower.
UPDATE: “1011 Insider Whale” agent Garrett Jin is sitting on a $16M loss from a near $100M $BTC long. pic.twitter.com/hCC3u8PtIy
— Cointelegraph (@Cointelegraph) August 13, 2026
Market Watches Whale Activity
The 1011 Insider Whale Bitcoin long continues to attract attention as traders monitor large on-chain positions for clues about institutional and high-net-worth investor sentiment.
Whale activity is often viewed as an important market indicator, but individual positions should not be interpreted as a definitive signal for Bitcoin’s future direction. Investors will continue tracking price action and broader market conditions to see how the position evolves.

The S&P 500 reached 7,800 for the first time.
The move marks a new historic milestone for U.S. equities.
Record stock prices could influence sentiment across other risk assets, including crypto.
S&P 500 Record High Reaches 7,800
The S&P 500 has hit 7,800 for the first time in history, marking another major milestone for the U.S. stock market.
The move to the landmark level puts the benchmark index at a fresh record and highlights the strength of investor demand for U.S. equities. The S&P 500 tracks 500 leading publicly traded American companies and is widely used as a measure of the overall health and direction of the U.S. stock market.
Breaking through a major round-number level such as 7,800 can also attract attention from traders watching market momentum and investor risk appetite.
Record High Signals Strong Risk Appetite
The new S&P 500 record high comes as investors continue assessing economic data, corporate performance, interest-rate expectations, and broader global developments.
Stock market strength can indicate that investors are becoming more comfortable holding risk assets. However, reaching a record level does not guarantee that gains will continue, and markets can experience increased volatility around major economic releases or changes in monetary policy expectations.
Traders will now be watching whether the index can hold above the 7,800 level.
JUST IN: S&P 500 hits 7,800 for the first time in history. pic.twitter.com/32bI6G2X8F
— Watcher.Guru (@WatcherGuru) August 13, 2026
What It Could Mean for Crypto Markets
The latest S&P 500 record high may also draw attention from cryptocurrency investors because Bitcoin and other digital assets can respond to changes in broader risk sentiment.
Strong equity markets can provide a supportive backdrop for crypto when liquidity and investor confidence are improving. Still, Bitcoin and the S&P 500 do not always move together, meaning crypto-specific factors such as ETF flows, spot demand, and leverage will remain important.
The 7,800 milestone nevertheless provides another signal that risk appetite in traditional financial markets remains a key factor to watch.
Read Also:
S&P 500 Hits 7,800 for First Time in History
Hyperliquid Opens Data Nodes to Infrastructure Providers
Pepperstone Appoints New CTO to Drive AI-Native Proprietary Tech Push
South Korea Tightens Crypto Transfers to Offshore Exchanges
Bitcoin ETFs See $61M Outflows as Ether Funds Gain

Hyperliquid has opened its low-latency data nodes to qualified infrastructure providers.
Standardized access pricing is currently set at under $1,000 per month.
Previously, direct access required staking 10,000 HYPE and meeting Tier 1 maker rebate requirements.
The Hyperliquid Foundation has expanded access to its low-latency on-chain data nodes, allowing qualified infrastructure providers to offer the service under standardized pricing.
According to the Foundation, access is currently priced at under $1,000 per month, making the infrastructure more accessible to businesses building services around the Hyperliquid ecosystem.
The move is aimed at broadening access to high-performance blockchain data while supporting the network’s growing developer and infrastructure community.
Lower Barrier to Access
Previously, organizations seeking direct access to Hyperliquid’s low-latency data nodes had to stake 10,000 HYPE and qualify for Tier 1 maker rebates, a status defined by generating more than 0.5% of the platform’s 14-day weighted maker trading volume.
By allowing qualified infrastructure providers to distribute access, Hyperliquid is lowering the entry barrier for developers and businesses that require real-time blockchain data without meeting the earlier staking and trading thresholds.
The standardized pricing model is also expected to improve predictability for enterprise users.
Hyperliquid Opens Low-Latency Data Nodes to Infrastructure Providers at Under $1,000 a Month
Hyperliquid Foundation has opened its low-latency on-chain data nodes to qualified infrastructure providers, allowing them to offer access at standardized pricing, currently indicated at… pic.twitter.com/LfSJuid2ZS
— Wu Blockchain (@WuBlockchain) August 13, 2026
Supporting Ecosystem Growth
The expansion of Hyperliquid data nodes reflects the project’s continued focus on strengthening its infrastructure and developer ecosystem.
Greater access to low-latency blockchain data can help support analytics platforms, trading applications, and other services that rely on fast and reliable on-chain information. As Hyperliquid continues to grow, broader infrastructure availability may encourage additional developers and businesses to build on the network.

South Korea is tightening rules for crypto transfers to offshore exchanges.
Exchanges may require proof of account ownership, transaction purpose, and source of funds.
Transfers of 10 million won ($7,000) or more will face enhanced monitoring.
South Korea has introduced stricter requirements for crypto transfers to offshore trading platforms following the removal of Bybit, MEXC, and HTX applications from the country’s Google Play store.
Under the revised framework, local cryptocurrency exchanges may require users to provide additional documentation before processing transfers to overseas exchanges or self-hosted wallets. The measures are intended to strengthen oversight of cross-border digital asset transactions and improve anti-money laundering compliance.
The changes mark another step in South Korea’s efforts to tighten regulation of the cryptocurrency sector.
Enhanced Checks for Overseas Transfers
The updated rules allow exchanges to request proof of account ownership, the purpose of the transaction, and the source of funds before approving transfers.
If the information provided is considered incomplete or insufficient, exchanges may delay or reject the transaction. In addition, transfers of 10 million won (approximately $7,000) or more to overseas crypto exchanges or self-hosted wallets will be subject to enhanced suspicious transaction monitoring.
The stricter requirements are designed to improve transparency and reduce financial crime risks involving digital assets.
South Korea Tightens Crypto Transfers After Bybit, MEXC and HTX Apps Pulled From Google Play
South Korea is tightening transfers to offshore crypto platforms after Bybit, MEXC and HTX apps were removed from local Google Play. Under revised rules, exchanges may require proof of… pic.twitter.com/mXEmfXwqzK
— Wu Blockchain (@WuBlockchain) August 13, 2026
Growing Focus on Crypto Compliance
The new South Korea crypto transfers framework highlights the country’s continued emphasis on strengthening oversight of digital asset activities.
As regulators around the world tighten compliance standards for cross-border crypto transactions, exchanges and users are likely to face increased verification requirements. Market participants will be watching how the new rules affect offshore trading activity and cryptocurrency adoption in one of Asia’s most active digital asset markets.

Bitcoin spot ETFs posted $61.16 million in net outflows on August 12.
Fidelity’s FBTC led the withdrawals with $46.82 million in redemptions.
Ether spot ETFs recorded $7.38 million in net inflows, all into BlackRock’s ETHA.
The latest August 12 ETF flows highlighted mixed institutional sentiment, with U.S. spot Bitcoin ETFs recording $61.16 million in net outflows while spot Ether ETFs continued to attract fresh capital.
According to the latest data, Fidelity’s FBTC accounted for the largest share of Bitcoin ETF redemptions, posting $46.82 million in net outflows. The broader Bitcoin ETF market ended the day in negative territory as investors reduced exposure.
In contrast, spot Ether ETFs registered $7.38 million in net inflows, demonstrating continued institutional interest in Ethereum-based investment products.
BlackRock’s ETHA Leads Ether Inflows
All of the day’s inflows into spot Ether ETFs were directed to BlackRock’s ETHA, making it the sole contributor to Ethereum ETF gains on August 12.
Independent data from Farside Investors reflected the same rounded totals, reporting approximately $61.1 million in Bitcoin ETF outflows and $7.4 million in Ether ETF inflows.
The contrasting flows suggest investors were more willing to add exposure to Ethereum than Bitcoin during the session.
Bitcoin ETFs See $61 Million Outflow as Ether Funds Buck Trend
U.S. spot Bitcoin ETFs recorded $61.16 million in net outflows on Aug. 12, led by Fidelity’s FBTC with $46.82 million in redemptions. Spot Ether ETFs, by contrast, posted $7.38 million in net inflows, all of which… pic.twitter.com/P767RtaRIB
— Wu Blockchain (@WuBlockchain) August 13, 2026
Institutional Positioning Remains Mixed
The latest August 12 ETF flows illustrate differing institutional preferences across the crypto ETF market.
While Bitcoin funds experienced notable redemptions, Ether ETFs continued to attract capital. Investors will continue monitoring daily ETF activity to determine whether the divergence reflects a short-term allocation shift or the beginning of a broader trend in institutional demand.

Bitcoin spot volume has dropped to its lowest level since 2019.
Glassnode says BTC remains trapped between key realized price levels.
A break below $58,500 could trigger amplified downside due to weak spot demand and leveraged positioning.
Bitcoin spot volume has declined to its lowest level since Glassnode’s data series began in early 2019, highlighting a significant slowdown in activity across spot exchanges.
According to Glassnode, Bitcoin is currently trading between the Median Realized Price of $63,000 and the Short-Term Holder Cost Basis of $68,700, placing the market in a key transitional zone. While seller-exhaustion indicators are approaching levels historically associated with bear-market bottoms, spot buying remains subdued.
The report notes that ETF inflows have been relatively modest, while net Bitcoin transfers onto exchanges continue, suggesting demand has yet to fully absorb available supply.
Glassnode Warns of $58,500 Downside Risk
Glassnode cautioned that current market conditions leave Bitcoin vulnerable if key support levels fail.
With thin spot market liquidity and crowded leveraged positions, a move below the June low near $58,500 could accelerate selling pressure. Limited buy-side demand may make it more difficult for the market to absorb additional supply during periods of heightened volatility.
Although several on-chain indicators point toward potential seller exhaustion, analysts stress that stronger spot demand will be needed to confirm a sustainable recovery.
Bitcoin Spot Volume Hits Lowest Since 2019 as Glassnode Flags $58,500 Downside Risk
Bitcoin spot exchange volume has fallen to its lowest level since Glassnode’s data series began in early 2019, with BTC caught between the $63,000 Median Realized Price and the $68,700 Short-Term… pic.twitter.com/QE6ydBeuR5
— Wu Blockchain (@WuBlockchain) August 13, 2026
What Investors Should Watch
The latest Bitcoin spot volume data highlights the importance of monitoring both liquidity and investor demand.
A rebound in spot trading activity and stronger ETF inflows could help support Bitcoin’s recovery. However, if spot demand remains weak and BTC falls below $58,500, volatility could increase as leveraged positions unwind. Investors will continue watching on-chain metrics, exchange flows, and macroeconomic developments for further clues about the market’s next direction.

Amundi increased its MSTR position by 148%.
The asset manager now holds 1.32 million MicroStrategy shares.
The update reflects continued institutional exposure to Bitcoin-linked equities.
European asset management giant Amundi, which oversees approximately $2.9 trillion in assets, has significantly expanded its investment in MicroStrategy (MSTR).
According to BTC Treasuries, the firm increased its MSTR position by 148%, bringing its total holdings to 1.32 million shares.
The move strengthens Amundi’s exposure to one of the most closely watched Bitcoin-linked public companies, as MicroStrategy continues to maintain one of the largest corporate Bitcoin treasuries.
Institutional Interest in Bitcoin Exposure
MicroStrategy has become a popular investment vehicle for institutions seeking indirect exposure to Bitcoin through traditional equity markets.
By increasing its MSTR stake, Amundi joins a growing list of major asset managers holding shares in the company. The latest increase suggests continued institutional interest in Bitcoin-related investments, even during periods of market volatility.
While MSTR’s performance is influenced by multiple factors, its substantial Bitcoin holdings remain a key driver of investor interest.
UPDATE: $2.9T asset manager Amundi boosted its $MSTR position by 148%, now holding 1.32M shares, per BTC Treasuries. pic.twitter.com/0PxDcR7eA3
— Cointelegraph (@Cointelegraph) August 12, 2026
What It Means for the Market
The latest Amundi MSTR holdings update highlights ongoing institutional participation in Bitcoin-linked assets.
Large portfolio adjustments by global asset managers are closely watched because they can provide insight into broader market sentiment. Investors will continue monitoring institutional filings to see whether additional firms increase their exposure to Bitcoin-related equities in the months ahead.

Bitcoin has triggered a second early bull signal.
The indicator suggests the market could be entering a bottoming phase.
Analysts say the signal may point to improving long-term market conditions.
Bitcoin has triggered a second early bull signal, according to the latest market analysis, adding to signs that the cryptocurrency may be entering a potential bottoming phase.
Early bull signals are closely monitored by traders because they can indicate that bearish momentum is weakening and market conditions are beginning to stabilize. While no single indicator guarantees a trend reversal, multiple bullish signals often attract increased attention from investors looking for confirmation of a recovery.
The latest development has renewed optimism among market participants after an extended period of price weakness.
Bottoming Phase May Be Taking Shape
Analysts believe the new Bitcoin bull signal suggests the market is building a foundation for a potential longer-term recovery rather than signaling an immediate breakout.
Historically, similar signals have appeared during the later stages of market corrections, when selling pressure begins to ease and long-term investors gradually return. However, analysts caution that additional confirmation from price action, on-chain metrics, and macroeconomic conditions is still needed.
The signal should therefore be viewed as an encouraging development rather than definitive proof that the market bottom has been reached.
BULLISH: Bitcoin has triggered a second early bull signal, suggesting a potential bottoming phase, per CryptoQuant. pic.twitter.com/CmqwyHCCTp
— Cointelegraph (@Cointelegraph) August 12, 2026
What Investors Should Watch
The latest Bitcoin bull signal adds another data point supporting a more constructive outlook for the cryptocurrency.
Investors will continue monitoring ETF flows, institutional demand, on-chain activity, and macroeconomic developments to determine whether the current bottoming phase develops into a sustained bull market. If additional bullish indicators emerge, confidence in Bitcoin’s recovery could strengthen further.

Itaú has joined an ANBIMA-led tokenization pilot in Brazil.
The project will tokenize fixed-income securities using blockchain technology.
OpenAssets is providing the tokenization infrastructure.
Itaú, Latin America’s largest private bank, has joined an ANBIMA-led pilot program with OpenAssets to tokenize fixed-income securities in Brazil.
The initiative aims to explore how blockchain technology can modernize the issuance, management, and settlement of traditional fixed-income assets. By participating in the pilot, Itaú is supporting efforts to evaluate tokenized financial instruments within Brazil’s capital markets.
The collaboration reflects the growing interest among major financial institutions in using blockchain infrastructure to improve market efficiency.
ANBIMA and OpenAssets Drive the Initiative
The pilot is being coordinated by ANBIMA, Brazil’s financial and capital markets association, with OpenAssets providing the technology for tokenizing fixed-income securities.
Tokenization enables traditional financial assets to be represented digitally on a blockchain, potentially improving transparency, settlement speed, and operational efficiency. Financial institutions worldwide are increasingly exploring tokenization as a way to modernize existing market infrastructure.
NEW: Itaú, Latin America's largest private bank, joins an ANBIMA-led pilot with OpenAssets to tokenize fixed-income securities in Brazil. pic.twitter.com/2nNEzNV7Kc
— Cointelegraph (@Cointelegraph) August 12, 2026
Brazil Expands Tokenized Asset Development
The Itaú tokenization pilot highlights Brazil’s continued progress in integrating blockchain technology into traditional finance.
As one of the region’s largest banks, Itaú’s participation could encourage broader institutional adoption of tokenized assets across Latin America. Market participants will be watching the pilot closely to assess how tokenization may reshape fixed-income markets and support future blockchain-based financial products.

Bitcoin spot ETFs recorded $4.89 million in net inflows.
Solana spot ETFs attracted $1.43 million in net inflows.
Ethereum spot ETFs saw $1.76 million in net outflows.
The latest August 11 ETF flows showed mixed institutional sentiment across major cryptocurrency investment products.
Bitcoin spot ETFs recorded $4.89 million in net inflows, extending positive demand for the largest cryptocurrency. Solana spot ETFs also finished the session in positive territory, attracting $1.43 million in fresh capital.
In contrast, Ethereum spot ETFs posted $1.76 million in net outflows, indicating modest profit-taking or reduced investor demand during the trading session.
Bitcoin and Solana Lead Daily Inflows
Bitcoin remained the largest recipient of new institutional capital among the major crypto ETFs on August 11, while Solana continued to attract positive flows despite its smaller ETF market.
Ethereum’s outflows were relatively limited compared with the inflows seen in Bitcoin and Solana, suggesting that institutional positioning remained broadly stable rather than indicating a significant shift in market sentiment.
Daily ETF flow data continues to provide insight into how professional investors are allocating capital across digital assets.
ETF FLOWS: BTC and SOL spot ETFs saw net inflows on Aug. 11, while ETH spot ETFs saw net outflows.
BTC: $4.89M
ETH: -$1.76M
SOL: $1.43M pic.twitter.com/6XEFslK7Io
— Cointelegraph (@Cointelegraph) August 12, 2026
Institutional Demand Remains Mixed
The latest August 11 ETF flows highlight differing investor preferences across the crypto ETF market.
While Bitcoin and Solana attracted fresh inflows, Ethereum experienced a modest withdrawal of capital. Investors will continue monitoring upcoming ETF flow data to determine whether these trends develop into broader allocation shifts or remain short-term movements.

Barça Mobile is launching an in-app digital wallet.
The project is backed by Wirex, Crossmint, and Stellar.
The partnership aims to expand digital payment and Web3 capabilities for users.
Barça Mobile, the official mobile partner of FC Barcelona, has announced a partnership with Wirex, Crossmint, and Stellar to develop a new in-app digital wallet.
The collaboration is designed to bring digital wallet functionality directly into the Barça Mobile ecosystem, allowing users to access blockchain-powered financial services through a single mobile application.
The initiative reflects the growing adoption of Web3 technology by global sports brands seeking to enhance digital engagement with their communities.
Wirex, Crossmint, and Stellar Join the Project
Under the partnership, Wirex, Crossmint, and Stellar will provide the technology and infrastructure needed to support the wallet’s development.
The in-app wallet is expected to enable secure digital asset management and facilitate blockchain-based payment capabilities. While additional features have yet to be announced, the collaboration highlights the increasing role of blockchain infrastructure in consumer-facing applications.
The project also underscores Stellar’s continued expansion into real-world payment and financial solutions.
BIG: Official mobile partner for FC Barcelona, Barça Mobile, partners with Wirex, Crossmint, and Stellar to build an in-app digital wallet. pic.twitter.com/OEG14fOTD1
— Cointelegraph (@Cointelegraph) August 12, 2026
Sports and Web3 Continue to Converge
The Barça Mobile digital wallet initiative demonstrates how sports organizations are increasingly exploring blockchain technology to deliver new services and digital experiences.
As clubs and their partners continue integrating Web3 tools into fan ecosystems, digital wallets could become a central feature for payments, digital collectibles, and other blockchain-enabled services. Industry observers will be watching for further details on the wallet’s capabilities and launch timeline.

Bitwise has cut 14% of its workforce.
The company reduced its headcount from about 180 to 155 employees.
The layoffs come amid a broader crypto market price slump.
Crypto asset manager Bitwise has reduced its workforce by 14%, trimming its employee count from approximately 180 to 155 as the digital asset market faces continued price weakness.
The layoffs reflect cost-cutting efforts as crypto firms adjust operations in response to softer market conditions. Companies across the industry have periodically scaled back hiring or reduced headcount during periods of declining asset prices and lower trading activity.
Bitwise remains one of the largest crypto-focused asset managers despite the workforce reduction.
Crypto Firms Continue to Adjust Costs
The Bitwise workforce reduction highlights the ongoing pressure facing businesses tied to the cryptocurrency market.
When digital asset prices decline, firms often experience slower trading volumes, reduced management fees, and lower investor activity. As a result, many companies review expenses and staffing levels to align with current market conditions.
The latest move underscores how market cycles continue to influence operational decisions across the crypto industry.
NEW: Bitwise cuts 14% of its workforce amid the crypto price slump, trimming staff to about 155 from 180. pic.twitter.com/Uwt3lt3oAh
— Cointelegraph (@Cointelegraph) August 12, 2026
What It Means for the Industry
The layoffs at Bitwise reflect a broader trend of crypto firms adapting to changing market environments while maintaining long-term business strategies.
Although workforce reductions can improve operational efficiency during downturns, companies will be looking for stronger market conditions and renewed investor demand before resuming expansion. Industry participants will continue monitoring whether improving crypto prices lead to a rebound in hiring and investment activity.