Live Feed

Coinbase director Wilson Frederick sold 35,068 shares of company stock at an average price of $144.32 per share on Aug. 3, for about $5.06 million, according to a U.S. SEC filing. Following the sale, Frederick’s direct holdings fell to 197,389 shares.

CoinDesk said negotiations are still continuing over provisions related to combating illicit finance, agriculture-related language, and preventing crypto-related conflicts of interest among public officials, and added that the CLARITY Act could still pass in September if those issues are resolved. Against that backdrop, CoinDesk outlined three possible scenarios as the U.S. Senate has yet to decide whether to take up the bill: - extending this week’s session to hold a procedural vote - entering the August recess and revisiting the bill during the September session - failing to advance the bill this year and postponing discussions until after the midterm elections

U.S. spot Ethereum ETFs recorded about $60.8 million in net inflows on Aug. 5, marking a second straight trading day of net inflows, according to Farside Investors. - BlackRock ETHA: +$50.3 million - BlackRock staking ETHB: +$4.9 million - Fidelity FETH: +$2.9 million - Bitwise ETHW: +$1.4 million - 21Shares TETH: +$1.3 million

About $244.4 million in net inflows entered U.S. spot Bitcoin ETFs on Aug. 5, marking a third straight trading day of net inflows, according to Farside Investors. - BlackRock IBIT: +$196.8 million - Fidelity FBTC: +$11.3 million - Bitwise BITB: +$10.6 million - ARK Invest ARKB: +$37.6 million - VanEck HODL: -$14.7 million - Morgan Stanley MSBT: +$2.8 million

Arthur Hayes buys $985K more ENA, bringing 5-day total to $2M BitMEX co-founder Arthur Hayes has bought an additional 10.9 million ENA worth $985,000, according to Lookonchain. Over the past five days, Hayes has purchased a total of 22.64 million ENA worth $2 million.

South Korean crypto exchange Bithumb announced it will temporarily suspend deposits and withdrawals for TAIKO and assets on the Taiko network from 7:00 a.m. UTC today to support a network upgrade.

South Korea’s government plans to strengthen asset reviews of high-ranking public officials’ cryptocurrency holdings and unlisted stocks, while also disclosing the names and holding amounts of single-stock ETFs to improve transparency in public officials’ asset declarations, News1 reported. South Korea’s Ministry of Personnel Management reported the plan, outlined in its major policy agenda for the second half of 2026, to President Lee Jae-myung at the presidential office on Aug. 5. For virtual assets, authorities plan to secure transaction records at an earlier stage and focus reviews on cases suspected of involving overseas trading or transactions under borrowed names.

South Korean crypto exchange Coinone is likely to extend its real-name account partnership with KakaoBank for another year, as discussions on renewing their won deposit and withdrawal account tie-up are being finalized, Edaily reported. KakaoBank has been reviewing a one-year extension of the partnership, which expires in mid-August, after completing an on-site inspection of Coinone in May. Coinone has renewed the contract since switching its partner bank from NH NongHyup Bank to KakaoBank in November 2022.

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for TAIKO and assets on the Taiko network starting at 11:00 a.m. UTC today to support a Taiko network upgrade.

Crypto market maker GSR said its GSR Crypto Core3 model portfolio was composed of 44.1% ETH, 36.5% SOL and 19.3% BTC as of Aug. 5, local time. Year to date, BTC, ETH and SOL have fallen 24.82%, 35.49% and 40.21%, respectively, while the model portfolio posted a one-year return of -57.78%. GSR said it increased BTC exposure and reduced ETH exposure as trading volume and volatility slowed.

Four newly created anonymous addresses withdrew 1,540 BTC worth $99.4 million from Galaxy Digital and BitGo over the past three hours, according to Lookonchain. Exchange outflows are typically interpreted as a sign of holding intent.

Upbit announced the addition of CAP to its KRW, BTC and USDT trading pairs at 5:00 a.m. UTC on Aug. 6.

An Ethereum Foundation grant address deposited 2.675 ETH worth $5,070 to Kraken and transferred 578.38 ETH worth $1.08 million to a Gnosis Safe wallet about 12 hours ago, according to Lookonchain.

Nate Geraci, CEO of wealth manager Novadius Wealth Management, said the controversy surrounding the CLARITY bill shows the crypto industry needs to do more on education. Geraci said many politicians, major financial institutions and mainstream media outlets do not properly understand the nature of cryptocurrency, or may understand it but still see it as a threat, adding that education would help address the issue either way. Meanwhile, processing of the CLARITY bill remains delayed even after the White House reached agreement on an ethics provision.

MoonPay said on Aug. 5 it integrated the TRX network into its transaction infrastructure, adding support for Tron’s gasless transactions. Users can now complete transactions on the Tron network without holding TRX, which the company said will simplify Tron-based stablecoin transactions and make on-chain payments easier.

Nigeria is tightening regulations tied to cryptocurrency trading, Cointelegraph reported. Under the move, crypto businesses must obtain a tax identification number, and noncompliance could result in fines or imprisonment. The measure is aimed at preventing tax evasion through cryptocurrency use.

South Korea’s Korea Exchange triggered a sell-side sidecar after the KOSPI extended its intraday decline. The index was trading at 6,290.85, down 4.66% from the previous session.

Bithumb announced the addition of Unibase (UB) to its South Korean won market at 1:00 a.m. UTC on Aug. 6.

Upbit announced a temporary suspension of deposits and withdrawals for KITE due to a network issue.

Canada’s largest crypto ETF manager Purpose Investments staked 42,000 ETH worth $80 million into the Ethereum beacon chain deposit contract about three hours ago. The amount equals 36.6% of the ETH holdings in Purpose’s ETF. Purpose’s spot ETH ETF currently holds about 114,900 ETH.

Bithumb announced the temporary suspension of KITE deposits and withdrawals starting at 1:06 a.m. UTC today at the request of the Kite Foundation.

An anonymous whale address beginning with 0x8c5 received 37,000 ETH worth $71.1 million from a Galaxy Digital over-the-counter trading address over the past two weeks, according to Onchain Lens. The total included an additional 10,000 ETH worth $19.1 million added over the past three hours.

An anonymous wallet beginning with 0xff84 has partially reduced the 40x leveraged 1,600 BTC short position it opened on Hyperliquid yesterday, EmberCN reported. The wallet had faced liquidation at $64,889 and had placed 50 BTC stop-loss orders from the liquidation price up to $68,254. After BTC briefly rose above $65,000 early today, four of those orders were filled, reducing the position by a total of 200 BTC. The realized loss came to $146,000. The wallet still holds a 1,400 BTC short position worth $90.54 million, with a liquidation price of $64,998.

South Korea’s government plans to explicitly classify virtual assets such as Bitcoin acquired through donations or criminal asset forfeitures as state assets and, in principle, auction them off immediately after acquisition, Chosun Biz reported. The government on Aug. 6 announced a broad overhaul of the state asset management system, according to the report. As of April, the central government held about 78 billion won ($56.3 million) in virtual assets. Authorities are also reviewing legal grounds for entrusting those assets to private exchanges and for recovering assets held on overseas exchanges and in electronic wallets, while allowing split auctions if a full sale raises concerns about market disruption.

CoinMarketCap’s in-house Crypto Fear and Greed Index rose two points from yesterday to 39, indicating a slight improvement in market sentiment while remaining in the fear zone. The index signals extreme fear as it approaches zero and extreme optimism as it nears 100. According to CoinMarketCap, the gauge is calculated based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, and CoinMarketCap’s own search data.