Here are the key events from the world of cryptocurrencies as of August 3, 2025, presented in 15 points:--$XRP $BTC $BNB
🔥 Market and prices
1. Drop in major cryptocurrency prices: Bitcoin lost 0.43%, Ethereum dropped by 2.77%, and XRP recorded a decline of 9% in the last 24 hours.
2. Increased selling pressure: Large sell transactions have appeared in the market, including the sale of 30,000 BTC by a long-term investor, which impacted price declines.
3. Institutional BTC transfers: A transfer of 1,000 BTC (worth approximately 113.64 million USD) from Coinbase Institutional to an unknown wallet sparked speculation about the activity of institutional investors.
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🧠 Technical analysis
4. Elliott wave analysis for Bitcoin: The analysis indicates a possible end to the bullish wave, which may suggest a price correction in the near future.
5. Support for XRP: The price of XRP holds at 2.75 USD, which may represent key support before further declines.
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🏦 Institutions and regulations
6. Trump Media increases investments in BTC: Trump Media and Technology Group announced the purchase of 2 billion USD in Bitcoin and 300 million USD allocated for a BTC options strategy in the second quarter of 2025.
7. Bitcoin ETFs fuel the market: Increased inflows into Bitcoin ETFs boost institutional confidence in the cryptocurrency market, despite overall volatility.
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🔄 Market changes
8. Change in investor preferences: Investors are increasingly choosing tokens that offer real utility and infrastructure, such as XRP, TRX, and VELO, instead of speculative assets.
9. Increased activity in the options market: The rise in trading volume in the cryptocurrency options market indicates growing interest from investors in hedging strategies.
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🧩 Binance and events
10. Transfer of large amounts of cryptocurrency to Wintermute: Binance transferred over 110,000 SOL and 8,000 ETH to Wintermute, raising questions about the exchange's transparency.
11. WOTD on Binance: The word of the day (WOTD) on Binance is "STAKE", related to the topic of staking in cryptocurrencies.
12. Airdrop for Alpha Points holders: Binance Alpha announced the listing of the DarkStar (DARK) token on August 4, 2025, offering an airdrop for Alpha Points holders.
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🌌 Innovations and global events
13. Blockchain in space: Sun Yuchen, known in the blockchain industry, plans a trip to space, combining blockchain technology with space exploration.
14. Ethereum 10th anniversary: Communities in the Philippines celebrated the 10th anniversary of Ethereum by organizing events in Cebu and Davao.
15. Bitcoin Hyper presale: The Bitcoin Hyper project raised 6 million USD in presale, and analysts predict potential gains of 10,000%.
