📰 What’s Happening in Crypto?

August opened with an early wobble as sellers tested support, then a steadier bid crept back in. Spot fund flows turned positive while prices bounced, helped by clearer policy signals around access and market structure. Volatility remains elevated, but with liquidity improving and key data still ahead, this pullback could be the setup for brighter moves later in the month.

 

📊Market Cap: $3.87T (up 2.6% over the last 24 hours)

😨Fear & Greed Index: 59 – Neutral, up from 57 last week

📈Dominance: Bitcoin 60%, Ethereum 12%, Others 28%

🏛️401(k) Shift Puts Crypto on the Menu

United States President Donald Trump has signed an executive order directing regulators to facilitate the inclusion of “alternative assets” in workplace retirement plans through regulated products. If employers opt in, access would likely be small, tightly controlled, and come with extra risk warnings.

💥ETH Pops as Network Activity Sets Records

Ethereum transactions hit a record this week alongside a climb in staked ETH, helped by fresh SEC clarity that certain liquid-staking set-ups do not count as securities. The combo boosted confidence and tightened the float, with ETH leading large caps into week’s end.

📈 BTC Accumulation Builds, Spot ETFs Flip Green

Key cost-basis gauges are rising, including the short-term holder realized price near $106,000 and the overall realized price around $51,348, pointing to steady on-chain buying. After four straight outflow days, U.S. spot bitcoin ETFs recorded about $91.5M of net inflows on Aug 6, turning flows positive again.

🔗Ripple to Buy Rail for $200M as SEC Fight Wraps

Ripple aims to buy Rail, a platform for dollar-pegged stablecoin payments, to strengthen its RLUSD and payment tools. Separately, the SEC and Ripple moved to drop their appeals, which brings the long court fight to a close and reduces legal uncertainty for the company. The deal closing still requires approvals.

🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰

Appreciate the work. 😍 Thank You. 👍