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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
08/02/2026 10:18 PM FARTCOIN Price Breakout Builds as Whale Opens $2.16M Leveraged Position
TLDR: FARTCOIN price gained 2.60% to $0.130 as meme coin demand and a wider crypto rebound supported renewed speculative buying. A whale opened a 2x leveraged long covering 16.73 million tokens, worth about $2.16 million, and placed another $531,000 limit order. The token broke above a July falling wedge and retested $0.125, while bullish MACD [...]
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08/02/2026 09:12 PM Bitcoin Price Crash Sparks Altcoin Sell-off as Cardano Surges
TLDR: Bitcoin price crash pushed BTC toward $62,000, cut market value, and accelerated a broad crypto sell-off across major altcoins. Total crypto capitalization fell toward $2.22 trillion, while the altcoin market shrank near $964 billion as liquidity retreated. Cardano bucked the wider decline with a 15.3% weekly gain, although ADA still trades far below its [...]
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08/02/2026 04:43 PM Michael Saylor Says Strategy Never Promised to Hold Bitcoin Forever
TL;DR Michael Saylor said Strategy has never committed to a “never sell” Bitcoin policy. He stressed that the company’s Bitcoin monetization program does not require selling BTC. Strategy still expects to remain a net buyer of Bitcoin over time. The clarification comes after recent debate over Strategy’s treasury management and Bitcoin sales. Strategy Executive Chairman [...]
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08/02/2026 04:08 PM Shiba Inu Price Climbs After Weekly SHIB Burn Nears 3 Billion
TLDR: Shiba Inu price drew fresh attention after community trackers reported roughly 2.96 billion SHIB burned during the latest seven-day period. The weekly SHIB burn strengthened the scarcity narrative, but the amount remains negligible beside roughly 589.24 trillion circulating tokens. SHIB’s sixth anniversary arrived alongside stronger trading interest, rising holder visibility, and renewed focus on [...]
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08/02/2026 03:53 PM Bitcoin’s Unrealized Loss Drops Below 40% Stress Zone, Analysts Say Risk Hasn’t Fully Passed
TL;DR Bitcoin’s Percent Unrealized Loss has declined to 35.2%, down from a recent peak of 42.2%. The metric has moved below the 40% deep-stress band, although it remains above the 20% warning level. Historical cycles show the first move above 40% has often been followed by extended consolidation before recovery or capitulation. The chart suggests [...]
The post Bitcoin’s Unrealized Loss Drops Below 40% Stress Zone, Analysts Say Risk Hasn’t Fully Passed appeared first on Blockonomi.
08/02/2026 02:47 PM Strategy Bitcoin Sales Plan Expands After $8.2B Quarterly Loss
TLDR: Strategy Bitcoin sales could total up to $5 billion across reserve funding, annual dividend and interest costs, and security repurchase programs. Strategy reported an $8.22 billion Q2 net loss, while an $8.32 billion digital-asset loss reflected Bitcoin’s lower quarter-end valuation. The company holds 843,775 BTC at an average cost near $75,476, leaving the treasury [...]
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08/02/2026 10:51 AM Prediction Market Open Interest Drops as World Cup Trading Fades
TLDR: Prediction market open interest declined after the World Cup, while Kalshi kept about 59% and retained leadership over Polymarket. Polymarket market share rose from roughly 27% to 41% as capital left smaller platforms faster than it exited the two leading venues. Kalshi still lists 28,996 markets against Polymarket’s 8,040, showing a wider product base [...]
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08/02/2026 07:59 AM DEX Spot Volume Hits Record 24% of CEX Trading, Highest Since 2019
TLDR: DEX spot volume reached 24% of CEX trading in July 2026, marking its highest recorded share since 2019. The ratio rose even as monthly DEX turnover fell 26%, showing relative gains during weaker market activity. Solana led 30-day DEX trading with $49.86 billion, surpassing BNB Chain, Ethereum, and Base combined. DEXs dominate new-token access, [...]
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08/02/2026 07:09 AM U.S. ETF Launches Hit Record Pace as Leveraged Products Surge
TLDR: U.S. ETF launches reached a record two-month pace, with about 390 new funds entering the market in total. Derivatives power 54% of this year’s launches, while leveraged and inverse funds account for over one-third. U.S. ETF assets reached $15.60 trillion in May as investors continued moving capital away from mutual funds. Closures also accelerated, [...]
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08/02/2026 06:48 AM Trump Media Reportedly Sells Another 2,628 Bitcoin, Traders Eye Further Downside
TL;DR Trump Media reportedly sold another 2,628 BTC valued at approximately $165.07 million. The company has allegedly sold 7,281 BTC over the past seven months while remaining significantly underwater on its holdings. Bitcoin continues to trade below a key resistance zone near $63,600, according to the attached chart. Analysts are watching for either a relief [...]
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