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The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 47.71% long, 52.29% short - Binance: 49.44% long, 50.56% short - OKX: 45.71% long, 54.29% short - Bybit: 47.14% long, 52.86% short

Four of the eight Chart Masters affiliated with CoinNess projected a decline in Bitcoin this week, while the other four forecast gains. Their price targets ranged from a low of $58,500 to a high of $70,000. Note: Vote through the link for the price direction and target most aligned with your own view. We will give coffee coupons to 100 selected participants through a drawing.

A Reddit user in a Bitcoin-focused community claimed Anthropic’s AI model Claude identified the Coldcard code vulnerability tied to the theft of about 1,367 BTC in roughly eight minutes. Using the ID Impressive-Gene-421, the user said in the subreddit that Claude Code was simply asked to check for vulnerabilities and, after about eight minutes of reasoning, identified the critical flaw behind the hack. The user added it was hard to believe someone using AI could steal about $100 million worth of BTC simply because no one had properly reviewed the source code. Meanwhile, the attacker behind the Coldcard vulnerability had carried out a fourth attack targeting hardware wallet users as of this morning, bringing cumulative losses to 1,367 BTC, or about $86 million.

SBI Holdings said weakness across the cryptocurrency market, including XRP, reflects investor caution as the market waits for progress on the U.S. CLARITY Act, according to The Crypto Basic. At a recent earnings presentation, SBI Holdings Director Yasuo Nishikawa said investors were watching how the U.S. bill would proceed, leaving both the broader crypto market and XRP prices subdued, while confidence in XRP remained unchanged. SBI holds 6.6 trillion yen ($42.2 billion) worth of XRP. Despite the market downturn, Nishikawa also said the company’s crypto market-making business remained profitable and that SBI was continuing to expand the business, including by pursuing the acquisition of Japanese exchange Bitbank.

CoinDesk analysis suggests Trump Media may now hold only the Bitcoin pledged as collateral for its convertible notes, amid estimates that the company may have sold 2,628 BTC worth $165 million. Trump Media currently holds 4,261 BTC worth $268 million, according to the report. CoinDesk noted that amount is nearly identical to the 4,260.73 BTC the company said it had posted as collateral for first-quarter convertible notes. Trump Media bought a total of 11,542 BTC last year at an average price of $118,522, for $1.37 billion at the time, but later transferred out 7,281 BTC. Lookonchain had previously estimated that Trump Media sold its holdings at an average price of $74,855, realizing a loss of about $318 million. CoinDesk added that whether a sale took place is expected to be confirmed through the company’s second-quarter filing. Trump Media has meanwhile said the 2,628 BTC deposited to Crypto.com had not been sold.

Upbit announced it will temporarily suspend deposits and withdrawals for BERA on Aug. 5 at 11:00 a.m. UTC.

Anonymous investors are seeking to take control of Nasdaq-listed Chinese company Zhibao Technology (ZBAO) through a private investment in public equity deal valued at $154.7 million, payable in 2,380 BTC, CryptoSlate reported. If completed, the deal would allocate 44.2 million units, each consisting of one common share and one warrant with a two-year maturity, to 10 investment firms that would each pay 238 BTC. The investors would then gain the right to appoint four of the company’s five directors and install a new CEO and CFO. The BTC price for the transaction was fixed at $65,000 as of July 30, and the companies aim to close the deal within 12 business days of July 31.

The spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section shows the Volume Heatmap, while the bottom displays the CVD. - The Volume Heatmap at the top tracks the volume of trades at specific price levels. The background color brightens when the price remains in a particular range for an extended period or moves significantly. These brighter areas may act as potential support or resistance levels. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. This includes the yellow line for orders between $100 and $1,000 and the brown line for large orders between $1 million and $10 million.

A miner using the Solo CK mining pool has successfully mined a Bitcoin block independently, earning a reward of 3.157 BTC, according to data from Mempool.space. The block, with height 960,804, was mined approximately two hours ago. Based on the current price on the South Korean exchange Upbit, the reward is valued at 283.86 million won (approximately $205,000).

Bitcoin's price volatility is now lower than that of the South Korean stock market, BeInCrypto reported on Aug. 3, citing Bloomberg data. The publication noted that this year, the standard deviation of daily fluctuations for the KOSPI index has been 63%, while Bitcoin's has been only 48%. This metric measures how much daily returns deviate from their average, indicating the degree of market turbulence. BeInCrypto added that this lower volatility for Bitcoin stems from its steady downtrend since reaching an all-time high in October of last year, with its price down approximately 29% year-to-date.

Concerns over extreme downside risk in the Bitcoin options market are gradually easing, according to crypto options trading platform BIT (formerly Matrixport). The platform noted that while the negative spread of the option skew—the difference in implied volatility between call and put options—has widened again, this could be part of a trend toward forming a higher low. However, a rebound is contingent on Bitcoin maintaining the $62,000 support level. BIT suggested that current market participants hold relatively small positions, which should limit further selling pressure. The trend in the options market this week will be critical, as a narrowing of the negative option skew could revive Bitcoin's upward momentum. Geopolitical risks and rising U.S. Treasury yields remain the primary macroeconomic risks, BIT added.

The Viction Foundation (VIC) has clarified that its network operations and development roadmap remain unchanged despite Binance's decision to delist the token. In a statement on X, the foundation explained that its mainnet has been operating for eight years and network upgrades are proceeding as scheduled. It added that it continues to cooperate with existing exchange partners and will secure additional listings to enhance liquidity and reduce its dependence on any single exchange. Binance previously announced it would delist VIC along with five other cryptocurrencies. Following the announcement, VIC initially fell by about 27.5% and is currently trading at $0.0273, down approximately 20.87%.

A whale address that had been dormant for about four years has transferred 730 BTC, worth approximately $46.12 million, to a new wallet beginning with 1KHXBi, Onchain Lens reported via X. The firm suggested that long-term holders might be moving their BTC following the recent Coldcard exploit.

A whale address starting with bc1qpt, which had been dormant for about seven months, transferred its entire holdings of 16,400 BTC to a new address approximately an hour ago, Lookonchain reported. The transfer is valued at $1.04 billion.

Binance announced it will delist ACX, HFT, PIVX, PYR, VANRY, and VIC.

A China-led international standard for Blockchain as a Service (BaaS) has been adopted as a new project by the International Organization for Standardization (ISO), China Central Television reported. Germany, the UK, Ireland, Japan, Portugal, and Uganda are set to participate in establishing the standard. The project will define technical requirements in three areas: infrastructure and network construction and operation, service management and smart contracts, and data interoperability and security. Its goal is to support the development of global BaaS platforms, encourage enterprise adoption, and improve interoperability.

Cryptocurrency exchange Bitget announced on X it will terminate services for residents of Japan. The exchange stated the decision was made after a comprehensive review of Japanese regulations, adding that account restrictions will be implemented in phases. Users will be notified sequentially via email about necessary asset management and follow-up procedures, it said. The move follows a warning issued by Japan's Financial Services Agency (FSA) in November 2024 to unregistered exchanges, including Bitget, Bybit, KuCoin, and MEXC. In February of last year, the FSA requested the removal of the exchanges' apps from the Apple App Store and Google Play Store. Bybit also subsequently withdrew from the Japanese market following the measures by local authorities. Bitget does not hold a Virtual Asset Service Provider (VASP) license in South Korea and is not registered with the country's Financial Intelligence Unit (FIU).

Hyperliquid's (HYPE) open interest (OI) has surpassed that of Bybit, HTX, Bitfinex, Kraken, and Coinbase, Onchain Lens reported. Hyperliquid's current OI stands at $5.25 billion. The platform still trails OKX, with an OI of $6.37 billion, and Binance, which leads with $24.91 billion.

Binance announced it will temporarily suspend USDC withdrawals on the SEIEVM network for wallet maintenance. The suspension will begin at 6:55 a.m. UTC on Aug. 4.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $15.98 million liquidated (58.27% shorts) - ETH: $27.58 million liquidated (53.27% shorts) - BLESS: $5.12 million liquidated (72.68% shorts)

According to crypto analyst Murphy (@Murphychen888), Bitcoin long-term holders, defined as those holding for over 155 days, have moved more than 65,000 BTC daily over the past two days. The analyst suggested this could be a risk-off maneuver driven by uncertainty around monetary policy and geopolitical events. Murphy noted on X that of the total volume moved, approximately 14,000 BTC was deposited into exchanges, including a 2,628 BTC transfer from Trump Media (DJT) to Crypto.com. He attributed the activity to several factors: the possibility of a U.S. Federal Reserve rate hike, prolonged conflict in the Middle East, and re-emerging inflation variables. Other potential risks cited include concerns over high valuations in the U.S. stock market's AI sector and a concentration of yen carry trade positions. If these large-scale movements from long-term holders continue, it could create downward pressure on the broader market, Murphy added.

The combined July trading volume for prediction markets Polymarket, Polymarket US, and Kalshi reached a new monthly record of $50.6 billion, according to The Block. Polymarket US saw its volume increase by 54% month-over-month to $5 billion, while the global Polymarket platform's volume decreased by 26% to $7.9 billion.

The CLARITY Act was not included in the U.S. Senate’s voting schedule released on Aug. 3, lowering the chances that Senate leaders will bring the bill to the floor before the chamber’s recess scheduled for Aug. 10, according to CryptoSlate. The U.S. Senate is set to convene at 7:00 p.m. UTC today, but will only hold a cloture vote related to H.R.6500 rather than take up the CLARITY Act, the report said. Under Senate procedure, the CLARITY Act would still need to go through the scheduling process from a cloture petition to a vote, although lawmakers from both the Republican and Democratic parties could shorten the timeline by petitioning to accelerate the process or reaching unanimous consent. Still, prospects for passage remain unclear as seven Democratic senators seen as potential negotiating partners are calling for further talks, saying the publicly released CLARITY Act draft is insufficient. The bill needs 60 votes to pass, meaning Republicans would need support from at least seven Democrats if all Republican senators vote in favor.

Galaxy Digital Head of Research Alex Thorn said a fourth apparent theft wave targeting Coldcard hardware wallet users is underway. Thorn said a pattern over the past roughly two hours and 30 minutes showed 388.93 BTC moving through 218 transactions from 462 victim addresses to 216 new addresses. Some of the transactions are still in the mempool, Thorn said, adding users may still be able to protect funds by using RBF (Replace-By-Fee) to attach higher fees. Thorn also said all UTXOs used in the transactions were created with flawed Coldcard firmware, while transaction frequency was about 45 times higher than before the incident, indicating a high likelihood of an additional attack. Earlier, more than 1,359.88 BTC was stolen due to a random number generation flaw in Coldcard, and reports also emerged that some devices were bricked and failed to boot after an emergency firmware release.

Arthur Hayes transferred 2.5 million USDC to Galaxy Digital and received 1,337 ETH, Onchain Lens reported. He also deposited the same amount of USDC with FalconX, where the transaction was still pending, according to Onchain Lens.