Hyperliquid,the decentralized perpetuals exchange, has burned approximately $1.28 million worth of its$HYPE native $HYPE token over the past 24 hours, according to on-chain analytics firm Onchain Lens. During the same period, the platform generated $1.65 million in fees, underscoring the ongoing token buyback and burn mechanism that ties token supply reduction to platform activity.
Arthur Hayes, the founder of BitMEX and a closely followed figure in the cryptocurrency market, continues to increase his purchases of $ENA, the native token of the Ethereum ecosystem. According to data shared by the on-chain data analytics platform Lookonchain, Hayes bought another 10.9 million $ENA, worth approximately $985,000, in his latest transaction.
According to the data, Hayes’ total $ENA purchases over the past five days reached 22.64 million tokens. The total value of these purchases is estimated at approximately $2 million.
In an August 4 post on X, ChartNerd said $XRP ’s cup-and-handle formation is “one of the largest macro setups” on the market and that the token is approaching the 0.618 Fibonacci retracement level, which the analyst believes could support a move toward the Fibonacci extension targets of $8, $13, and $27.
According to him, the targets are “not an if, but a when,” and he has also warned that short-term price action remains uncertain. The analyst said $XRP ’s recent weakness does not necessarily point to problems with the asset itself, describing it as part of a wider crypto market correction.
$LDO Lido DAO price rebounds after 16% weekly decline
According to data from crypto.news, Lido DAO ($LDO ) price traded near $0.293 at the time of writing. The token moved between $0.2757 and $0.3048 over the previous 24 hours before recovering about 5.2%.
Despite the rebound, $LDO remained down approximately 16.7% over the past week. It underperformed the broader cryptocurrency market, which gained about 1.3% over the same period.
The monthly performance was more positive. $LDO remained about 5.1% higher over 30 days after rallying during July. The token had gained roughly 65% at one point last month before encountering resistance around $0.40.
$SPCX SpaceX resolves Starship’s biggest problem, plans daily launches next year
Elon Musk says the heat shield issue is fixed, projecting at least one Starship flight per day within 12 months as the company eyes Starlink V3 deployments and beyond
Elon Musk told investors on August 4 that SpaceX has solved Starship’s most persistent engineering headache: the heat shield. The fix, if it holds up in flight, removes the single biggest obstacle between SpaceX and its vision of rockets that operate more like commercial airliners than one-shot fireworks.
Musk went further, projecting at least one Starship launch per day within the next year. That’s not a typo. Daily orbital-class launches from a vehicle taller than the Statue of Liberty.
$HBAR s $0.0726 Level Takes Center Stage in Bullish Reversal Call HBAR is drawing bullish attention as it approaches the key $0.0726 neckline of a potential inverse head-and-shoulders pattern.
An analyst from LuckSide Crypto Show argued that Hedera’s HBAR is forming what he called its “most bullish setup of 2026,” pointing to an inverse head-and-shoulders pattern, improving momentum indicators and a possible shift in capital flows back into digital assets.
The claim matters because HBAR has struggled to clear its longer-term trend resistance since May, making the next move around its 50-day moving average particularly closely watched.
BNB Price Prediction After 12 Crypto Firms Receive EU MiCA Approval $BNB
EU MiCA approvals strengthened confidence, supporting BNB's bullish momentum.
Increasing open interest indicates increasing investor confidence behind BNB price.
Bullish price continuation could be triggered by breaking the $600 sistance
BNB price climbed 1.33% in the past 24 hours, trading near $597 as market sentiment improved. The Binance Coin price has gained 5% over the past week after a broader crypto recovery.
BNB price remained above the level of $590, and traders were observing a potential shift towards the level of $600. An established breakout beyond this resistance might sustain further upside in the next few sessions.
The most recent news is that 12 crypto companies were given the EU MiCA license, boosting belief in controlled digital asset markets. The overall crypto market cap rose by 0.72% to $2.19 trillion, with a recovery of risk assets.
Grayscale $XRP Sells Over $180M From $XRP Trust ETF
Grayscale announced that it cashed out $180.78 million worth of $XRP in the first six months of 2026, in a new SEC Form 10-Q filing. The filing indicates that the trust sold off 103.41 million $XRP for the purpose of redeeming its investors’ assets. The redemptions had a major impact on the ETF’s $XRP holdings.
Breakdown of Grayscale $XRP ETF Trust holdings. Source: SEC
According to the filing, the Grayscale GXRP ETF Trust had 122.23 million $XRP in its possession at the end of 2025. As of June 30, 2026, the holdings have been reduced to 55.04 million $XRP. Their market value of the holdings also crashed. Net assets decreased from $223.36 million at the end of December to $57.41 million at the end of June.
$SPCX SpaceX's first earnings report since its June IPO shows a company executing on its vision, but at a high cost that spooked investors.
📊 Q2 2026 Financial Highlights
· Revenue: $7.81 billion, up 92% YoY, beating estimates of ~$6.8 billion. · Net Loss: $541 million, narrower than the ~$1.9 billion loss expected. · Adjusted EBITDA: $3.54 billion, up 191% YoY. · Cash & Equivalents: ~$100 billion, providing a massive war chest.
🚀 Segment Breakdown
· Connectivity (Starlink): The financial engine. Revenue of **$4.29 billion** (up 66% YoY) and operating profit of $1.66 billion, driven by 12 million subscribers. · AI (xAI & Infrastructure): The growth driver. Revenue surged 247% to **$2.56 billion**, though it still posted an operating loss of $1.26 billion. · Space (Launch): Revenue of **$962 million** (up 29% YoY), with an operating loss of $542 million due to Starship development.
🤖 The AI Investment Dilemma The core market tension lies in massive AI spending. Total Q2 capital expenditure hit **$18.4 billion** (vs. $13B estimates), with $15.8 billion for xAI. Despite revenue growth, investors fear this cash burn may not generate sufficient future returns. Additionally, the stock fell partly due to a lockup expiration on August 6, allowing insiders to sell nearly a billion shares.
🔭 CEO & Future Outlook
· Bullish Forecast: Elon Musk projected a $100 billion annualized revenue run rate** by year-end and moved the internal target for **$1 trillion in revenue to 2030. · Starlink's Role: Starlink is the profitability engine funding AI and Starship ambitions. · Key Risks: Starship delays, Starlink ARPU decline, and cash burn remain major concerns.
$MarsCoin the BNB Smart Chain (BEP-20) Reached over +313% on some DEXs, though averages show ~+49%–100% depending on the source. · Market cap: Briefly exceeded $50 million during the peak.
Why it pumped:
· Binance Alpha announced holding rewards, sparking buy pressure. · Aster DEX launched perpetual contracts for it, increasing speculative trading.
Critical risk: This is a high-volatility meme coin, not a utility project. Price swings are extreme—what goes up +300% can drop just as fast.
$TRUMP Elizabeth Warren and Richard Blumenthal asked the SEC to investigate whether $TRUMP illegally facilitated fraud, unjust enrichment or a gradual “soft rug pull.” The token fell from a $9 billion peak to below $400 million, while almost one million investors collectively lost roughly $3.8 billion overall.
TRM Labs disputes the rug-pull label, and SEC guidance excluding memecoins from securities now creates uncertainty over whether the agency has jurisdiction to act.