Cryptocurrency market news

Bitcoin fell on Tuesday, sharply reversing its weekend gains, as risk appetite eased ahead of key U.S. inflation data — largely offsetting optimism about more favorable regulation in the country.

According to data from the Tokenomist platform, the cryptocurrency market is set to see an influx of new tokens this week — from August 11 to 18, crypto assets worth nearly $653 million are scheduled to be unlocked.

After the official conclusion of the legal proceedings between Ripple and the SEC on August 8, the likelihood of the U.S. Securities and Exchange Commission (SEC) approving an XRP ETF briefly rose to nearly 90%. Bloomberg analysts, for their part, cite a figure of 95%.

Metaplanet Inc (TYO:3350) announced on Tuesday that it had purchased an additional 518 bitcoins, bringing the total holdings of the Japanese hotel company—now refocused on cryptocurrency investments—to 118,113 coins.

This week, Bitcoin’s price is expected to surpass the all-time high set in July at $123,236.

Over the past month, large investors and companies have accumulated more than 1.035 million ETH worth $4.167 billion. Interestingly, the large-scale purchases coincided with the rise of the leading altcoin’s price from $2,600 to over $4,000.

Over the past 120 days, Tron has become the primary channel for issuing USDT stablecoins for Tether’s treasury.

An analysis of Binance data over recent months shows that the rise in Bitcoin (BTC) prices may be driven by a supply shortage rather than an active inflow of liquidity.

Ethereum’s co-founder has commented on the growing trend of corporations accumulating the altcoin.

Over the past two days, traders on the Polymarket prediction platform have lowered their odds for spot XRP-ETF approval from 86% to 62%.

The price of the leading cryptocurrency surpassed $117,000 after U.S. President Donald Trump signed a new executive order on retirement savings.

Block Inc., led by Jack Dorsey, increased its Bitcoin reserves by 108 BTC in Q2, bringing the company’s total corporate holdings to 8,692 BTC. According to the 10-Q report filed with the SEC, total revenue reached $6.05 billion, up 1.5% from the previous quarter, while gross profit rose by 8.2% to $2.54 billion.

According to a new analysis by the Ecoinometrics platform, Bitcoin's current rally is happening amid unusually low volatility. This week, volatility dropped to its lowest level in the past decade, signaling an "exceptionally calm bullish trend."

Analysts at the Lookonchain platform have identified a potential Ethereum sell-off signal, pointing to two large ETH deposits by crypto whales on the Binance and OKX exchanges totaling over $71 million.

On Tuesday, crypto and stock markets saw a slight downward correction. Bitcoin (BTC) fell below $113,000 after U.S. President Donald Trump announced that new tariffs would be implemented next week. The crypto market dropped 1.82%, while S&P 500, Nasdaq, and Dow declined by 0.28%, 0.36%, and 0.03% respectively.

Tether CEO Paolo Ardoino claims that 40% of all blockchain fees are generated by USDT transactions. He emphasized that hundreds of millions of users across Ethereum, Arbitrum, BSC, Solana, Polygon, TON, Avalanche, and Tron use the world’s most popular stablecoin daily.