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Tuesday, 11 August 2026

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Bitcoin Rally Fades—Where Does Price Go Next?

Employers cut 23,000 jobs in July—the first net loss since the pandemic-era recovery and a sharp miss against the 95,000 gain economists expected, Decrypt reported Friday. Markets read it as a reason for the Federal Res…

CAKE Price Eyes $2.40 as Distribution Shows Demand Shift

The CAKE price has spent months dealing with sellers, but the latest supply distribution data hints that the balance may be shifting. Several large address cohorts are still dumping, yet the 100,000–1 million CAKE gro…

Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans

Crypto asset manager Grayscale Investments has dropped plans for exchange-traded funds tied to Cardano’s ADA, Polkadot’s DOT and Hedera’s HBAR, withdrawing three registration statements from the U.S. Securities and Exch…

Bitcoin ETFs Draw $854M Over Five Days as Rate-Hike Bets Fade

U.S. spot Bitcoin ETFs took in $853.5 million across five consecutive sessions last week, SoSoValue data shows, after a $61.5 million net outflow the week before, lifting cumulative net inflows since launch to $52.18 bi…

Strategy Sells $109M in Bitcoin as Dollar Reserve Tops $4.6B

Michael Saylor's Bitcoin treasury firm Strategy sold 1,690 BTC for $108.6 million in the week to Aug 9, according to an 8-K filed Monday, cutting its Bitcoin stack to 840,447 BTC from the 842,138 held a week earlier. Th…

MARA Sold 23,093 BTC for $1.63B in First Half of 2026

MARA, the world’s largest publicly traded Bitcoin miner, sold about 23,093 BTC for $1.63 billion during the first half of 2026, at an average price of roughly $70,631 per Bitcoin. The company said it used the proceeds f…