Following last week’s sharp decline, the US dollar has entered a consolidation phase against most major currencies. At the same time, some instruments, including USD/JPY, are showing a moderate recovery as markets await fresh macroeconomic signals. Today’s key event will be the release of the preliminary ADP private-sector employment report. Forecasts suggest that job growth will slow to 68,000 after 98,000 in the previous month. If the data comes in below expectations, pressure on the dollar could increase as markets price in a more dovish Federal Reserve stance. Conversely, a stronger report could support the US currency ahead of the official US labour market data release.

Additional attention will be focused on US services sector activity indicators. Markets expect the preliminary S&P Global Services PMI to improve to 53.6 points, while the ISM Non-Manufacturing Index is forecast to rise to 54.5. Strong readings could partly offset any weakness in the ADP report and confirm the resilience of the largest sector of the US economy. It is worth noting that market participants traditionally view the ADP report only as an early indicator ahead of the official Nonfarm Payrolls release. Although the trends in the two reports do not always align, today’s data could significantly influence short-term expectations regarding the health of the US labour market.

USD/JPY

Last week, following the Federal Reserve meeting, USD/JPY declined sharply, losing more than 500 pips over several trading sessions. At the beginning of the current week, after testing the key support level at 155.30, buyers managed to push the pair back towards 158.00, while forming a “doji” candlestick pattern, which may signal a weakening of the bearish momentum. If the price breaks above yesterday’s high, the corrective move could extend towards 158.70–159.40. Weaker US employment data could trigger a renewed downward move.

Key events for USD/JPY:

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• Today at 15:15 (GMT+3): ADP change in US non-farm private employment;
• Today at 16:45 (GMT+3): US Services PMI;
• Tomorrow at 17:00 (GMT+3): US ISM Non-Manufacturing PMI.

USD/CAD

Last week, USD/CAD retested the key support level around 1.4000, forming a “bullish harami” pattern after the rebound. Technical analysis of USD/CAD suggests the potential for further recovery towards 1.4130–1.4170. Weaker US economic data, however, could trigger another test of the 1.4000 level.

Key events for USD/CAD:

• Today at 17:30 (GMT+3): US crude oil inventories;
• Today at 23:05 (GMT+3): speech by Federal Reserve Governor Lisa D. Cook;
• Tomorrow at 16:30 (GMT+3): Canada Services PMI.

The main drivers for the US dollar today will be the preliminary ADP employment figures and US services sector activity data. If the releases confirm the resilience of the US economy, USD/JPY and USD/CAD could continue their recovery following the dollar’s recent correction. Weaker data, on the other hand, could strengthen expectations of a more accommodative Fed policy, adding further pressure on the US currency and allowing sellers to regain control. However, investors are likely to draw more definitive conclusions about the labour market after the official Nonfarm Payrolls report is released later this week.

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Dell Technologies shares hit an all-time high on Tuesday, closing near $467 after climbing almost 9% in a single session and briefly touching $476.

The stock has now surged more than 260% year-to-date, driven by demand for artificial intelligence and repeated presidential endorsements.

The AI Numbers Powering Dell’s Record Run

TradingView data confirmed the breakout. After testing key support levels, Dell powered higher during the session, extending gains beyond previous peaks set in June.

Momentum carried into overnight trading. Shares advanced roughly 30% from recent support zones that had previously triggered sharp rebounds of 23%-29%.

The rally coincides with a broader boom in AI equities. Investors piled into server and data-center hardware stocks as confidence in sustained spending returned.

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The fundamentals support that enthusiasm. Dell reported $16.1 billion in AI server revenue in the fiscal first quarter, a 757% year-over-year increase. Guidance moved sharply higher, too. Management raised its full-year AI server forecast to $60 billion, underscoring the scale of the opportunity.

Fresh corporate news bolstered the narrative. The same day the stock hit its record high, Dell announced that the startup Volta had selected the company to power its first AI factory. The Norwegian deployment carries real scale.

The 133-megawatt project will use Dell PowerRack systems with PowerEdge XE9812 servers featuring NVIDIA accelerators, supported by Dell Professional Services.

Volta emerged from stealth with a $2.4 billion valuation, backed by NVIDIA and Michael Dell’s family office. Its broader pipeline exceeds one gigawatt of near-term capacity.

The Political Tailwind and the Risks Ahead

Political support has provided an unusual tailwind. President Donald Trump has publicly urged Americans to go out and buy a Dell on three separate occasions within five months, most recently in early July.

Those comments moved markets. Previous endorsements sparked intraday gains of up to 10% for the stock.

A relevant detail accompanies them, however. Trump holds a personal stake in Dell valued between $1 million and $5 million, according to disclosures reviewed by market observers.

The endorsements have kept the company in the public spotlight. That visibility reinforced positive sentiment at a moment when retail interest in AI hardware was already climbing.

Caution has accompanied the enthusiasm, though. The parabolic rise has drawn scrutiny from traders who question how much optimism is already priced in.

Margins remain the persistent concern. Hardware businesses have historically operated on thinner margins than their software peers, and component costs remain volatile.

Concentration risk deserves attention as well. Dell’s trajectory now depends heavily on a single spending cycle continuing at its current intensity. History offers a warning here. Gains of this magnitude frequently invite sharp reversals once momentum fades or expectations reset.

The next earnings report arrives in early September. Investors will watch whether the company converts its massive order backlog into sustained profitability. That conversion defines the real test. Backlog reflects demand, while margins and cash flow reveal whether the business model scales profitably.

For now, robust demand, political visibility, and tangible contracts have propelled Dell to unprecedented heights. Whether that combination holds depends on the AI infrastructure buildout maintaining its pace.

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The post Dell Stock Surged 260% This Year, and Here’s All the Reasons Why appeared first on BeInCrypto.

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In the latest Ethereum price prediction, ETH is trading at $1,871.32, down 0.66% in the last 24 hours, with the 24-hour range running between $1,861.59 and $1,880.32, a tight band that signals the market is coiling before its next directional decision.

The catalyst that could tip it either way is quietly being set up by institutional infrastructure, and most traders haven’t priced it in yet.

BlackRock filed with the SEC to effect a one-for-three reverse share split of its iShares Ethereum Trust ETF (ETHA) on October 6, consolidating three shares into one to raise the per-share NAV without altering investor holdings or total fund assets.

The practical effect, as Bloomberg Senior ETF Analyst Eric Balchunas noted, is a reduction in the bid-ask spread cost from approximately 7 basis points to 2 basis points, a meaningful reduction in friction for institutional flow.

ETHA manages over $5 billion in AUM, making it the dominant ETH-based ETF by a wide margin. A cheaper spread on the largest ETH ETF in the market isn’t a cosmetic change.

It’s a structural improvement to institutional access that feeds directly into demand-side pressure on spot ETH, and given the current technical setup, the timing is worth tracking closely.

Ethereum (ETH)

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Ethereum Price Prediction: Can Ethereum Price Reclaim $2,000 After the BlackRock Catalyst?

ETH is sitting at $1,869 on the daily chart, and the macro picture here is brutal, down from nearly $5,000 at the 2025 peak to current levels, losing over 60% across a year-long downtrend with no sustained recovery taking hold at any point along the way.

The June low around $1,550 to $1,600 is the most important level on this chart right now, being the floor where price capitulated and bounced, and the recovery since then has brought ETH back to the $1,900 zone, which was the dotted support line from the February consolidation period.

That $1,900 level is now acting as resistance, and price has been hovering just below it for the past few weeks without a clean break, which is the key test the chart is currently running.

A daily close above $1,900 and held opens $2,200 as the next target, and above that, $2,400 is the heavier resistance from the March to May distribution range.

On the downside, the $1,550 to $1,600 June low is the floor that cannot break without pushing ETH into multi-year lows, with very little support below.

The recovery from the June capitulation is the most constructive price action ETH has shown in months, but it needs to clear $1,900 convincingly to shift the narrative from dead cat bounce to genuine trend reversal attempt.

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LiquidChain Targets Early-Mover Upside as Ethereum Tests Resistance

ETH’s recovery attempt is constructive, but reclaiming $2,000 from current levels still represents roughly 7% of additional upside on an asset that’s already run 14% in a week.

For traders who missed the initial move (and the institutional ETF angle only compounds the frustration), the risk/reward on chasing here is asymmetric in the wrong direction.

That’s the backdrop drawing capital toward early-stage infrastructure plays. LiquidChain (LIQUID) is an L3 infrastructure project positioning itself as the cross-chain liquidity layer, fusing liquidity from Bitcoin, Ethereum, and Solana into a single execution environment through its Unified Liquidity Layer and Deploy-Once Architecture.

Developers deploy once and access all three ecosystems; settlement is verifiable; execution is single-step. The presale is priced at $0.01487 per $LIQUID, with $930,199.26 raised to date.

As with any presale, liquidity risk is real, and exit options are limited until a token generation event — DYOR applies here specifically.

That said, the infrastructure thesis, unified cross-chain execution at the L3 layer, targets exactly the fragmentation problem that BlackRock’s ETH ETF friction story illustrates. Research LiquidChain’s presale details here.

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The post BlackRock Just Made Its $5 Billion Ethereum ETF Cheaper to Trade, Is $1,900 About to Break? appeared first on Cryptonews.

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In the latest Bitcoin price prediction, it is trading at $64,068.82, down 0.42% in the last 24 hours, holding a narrow band between $63,958 and $64,508, even as global equity markets printed fresh records, a disconnect that deserves attention.

The $64,300 level is the short-term line in the sand, and whether BTC reclaims it cleanly or stalls below it will shape positioning for the next several sessions. Here’s what the data actually says about the path ahead.

Macro conditions on Aug. 5 were broadly constructive: the S&P 500 and Dow closed at all-time highs, Japan’s Nikkei gained 3.5% and South Korea’s benchmark surged 4.3%, while Brent crude slid toward $78.85 and the U.S. 10-year Treasury yield eased to roughly 4.603%.

Historically, cheaper oil and lower yields have lifted non-yielding assets like BTC. U.S. spot Bitcoin ETFs posted $19.6 million in net inflows on Aug. 4, a modest tailwind after a brutal $265 million outflow day on Aug.

Strategy also sold 1,638 BTC for approximately $105 million, small relative to its 842,138 BTC stash, but it removed a reliable bid from the market. The macro setup is supportive; the crypto-native demand picture is not yet confirming it.

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Bitcoin Price Prediction: Can Bitcoin Break $64,300 and Reclaim Momentum This Week?

BTC is sitting at $64,092 on the daily chart, and the structure since the June low around $58,000 has been the most sustained recovery attempt since the broader downtrend began, with price grinding higher over 6 weeks and now pushing into the $64,000 to $65,000 zone which is the first meaningful resistance from the pre-June breakdown.

The dotted line around $64,000 to $65,000 is the level that has been capping every push since July, and price is sitting right at it again, making this the third or fourth test of that ceiling without a clean break.

The more times a resistance level gets tested without breaking, the more likely it eventually gives way, but equally, every failed attempt adds to the overhead supply sitting there waiting to sell.

A daily close above $65,000 held over multiple sessions opens $68,000 first, then $72,000 as the next meaningful resistance from the May breakdown zone, and above that, the picture starts to look more constructive.

On the downside, $60,000 is the floor that needs to hold on to any pullback, and the June low at $58,000 is the absolute line that cannot break without the entire recovery from the lows collapsing.

Six weeks of higher lows off the June bottom is the most positive structure BTC has printed in months, but it means nothing until $65,000 actually flips.

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Bitcoin Hyper Targets Early-Mover Upside as Bitcoin Tests Key Levels

BTC consolidating below resistance while macro conditions look supportive is exactly the setup that drives capital toward earlier-stage plays with asymmetric upside potential. Spot BTC at this price offers limited near-term return relative to the volatility traders are absorbing, which is why presale infrastructure projects are drawing attention from active allocators who track Bitcoin’s ecosystem closely.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second smart contract execution while anchoring to Bitcoin’s security model.

The pitch is direct: solve Bitcoin’s core limitations (slow transactions, high fees, zero programmability) without sacrificing trust. The presale has raised $33,002,521.93 at a current token price of $0.0136842, with staking already live. The Decentralized Canonical Bridge for native BTC transfers is a technically meaningful differentiator.

The project recently crossed $33M raised, a signal of sustained demand, not a one-session spike. Presales carry real risk: tokens are illiquid until launch, and infrastructure projects face execution risk at every stage. Research the roadmap carefully before committing capital. Research Bitcoin Hyper here.

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The post Bitcoin Price Prediction: Global Stocks Just Hit Record Highs, But Bitcoin Is Stuck Below $64,300 for the Fourth Time appeared first on Cryptonews.

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The Wall Street Journal’s editorial board came out against the CLARITY Act on August 4, 2026, opening with the argument that Congress “often passes legislation riddled with policy land mines” it doesn’t want to defuse.

Crypto lawyers, an asset manager and a former senator spent the day picking apart specific lines from the piece, arguing several of its central claims run backward from what the bill actually says.

Fact-Checks Target Stablecoin, AML, and Securities Claims

The op-ed, titled “Clarity for Crypto, Sort Of,” raised three main objections. It argued stablecoin issuers could get around the GENIUS Act’s ban on paying interest by striking deals with exchanges to hand out “rewards.”

It said decentralized networks would dodge anti-money-laundering and know-your-customer rules by operating like eBay, with an operator taking a cut while users transact directly. And it argued the bill leaves regulators to sort each token into either a security or a commodity.

Andreessen Horowitz crypto general counsel Miles Jennings posted a side-by-side comparison against the bill’s July 22 consolidated draft and said all three claims ran opposite to the actual text. On rewards, he noted GENIUS bars only issuers from paying yield, while CLARITY expands that ban to exchanges and their affiliates, adds anti-evasion rules, and sets penalties up to five million dollars per violation.

On AML, he said a decentralized system with a controlling operator already fails the bill’s own test for what counts as DeFi, so it gets regulated as an intermediary rather than exempted. On securities, he said the bill doesn’t sort tokens into categories at all. It separates the fundraising transaction, which stays under the SEC, from the token itself, which trades as a digital commodity under the CFTC.

Ji Kim, President and Acting CEO of the Crypto Council for Innovation, posted a longer thread making similar points, citing FDIC data he said showed no link between stablecoin rewards and deposit flight, and said the work behind the bill “deserves respect, full stop.”

Former Senator Pat Toomey argued that banks are regulated for risks tied to lending against demand deposits, not simply for paying interest, and that stablecoin issuers face no such mismatch since GENIUS already requires full cash backing.

Coinbase Chief Policy Officer Faryar Shirzad, ETF analyst Nate Geraci and lawyer Amanda Tuminelli each posted their own objections, with Geraci calling the AML section of the op-ed “almost comical.”

Bill’s Path Through Congress Remains Uncertain

The CLARITY Act’s odds of passing this year have been sliding for weeks, separate from the WSJ dispute. Prediction markets put its chances at roughly 23 percent as of August 5, down from near 70 percent earlier this year.

Talks between Senator Thom Tillis and Senator Ruben Gallego over ethics provisions covering federal officials have stalled, with the White House yet to respond to a counteroffer as the Senate’s August recess approaches.

Michael Saylor, executive chairman of Strategy, said in the last day that Bitcoin will succeed whether or not the bill passes, though he added that “America needs clarity for digital assets.”

The post WSJ Editorial on CLARITY Act Sparks Pushback From Crypto Leaders appeared first on CryptoPotato.

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The biggest meme coin is deep in the red on a monthly scale, performing much worse than leading cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH), over that period. Moreover, it collapsed to its lowest level since the autumn of 2023 before slightly regaining some of the losses.

Nonetheless, optimism among analysts is running high, with many expecting a strong rebound in the short term.

Major Bullish Signal

As of press time, DOGE trades below $0.07, boasting a market capitalization of around $10.8 billion. This positions it as the 10th-biggest cryptocurrency, yet its decline over the past few years is more than evident.

X user Ash Crypto noted that the meme coin recently plunged to a three-year low of roughly $0.067 and is down 90% from its all-time high. The analyst also told their more than two million followers that DOGE’s monthly Relative Strength Index (RSI) has reached its most oversold level since the 2022 market bottom.

Such a development is usually interpreted as a bullish signal, as it points to seller exhaustion, meaning the downtrend is potentially losing strength. Conversely, overbought territory is considered a warning for a possible impending correction. MikybullCrypto also touched upon the matter, envisioning a rise to a new historical peak during the next bull run:

“You don’t remain bearish at this current macro support level. The most oversold level in RSI. $1 is coming next during its bullish reversal.”

Is DOGE Waking up?

Another positive comment came from Ali Martinez. The renowned analyst revealed that weekly active DOGE addresses have jumped 16%: from around 38,000 toward the end of July to roughly 44,000 as of now, indicating a sharp increase in on-chain activity.

This can be interpreted as a bullish signal, as it shows that more users are returning to the network, which often strengthens momentum and can support a potential upward move.

Not long ago, Martinez chipped in again, revealing that DOGE’s TD Sequential indicator has flashed buy signals on the monthly, weekly, 3-day, and daily charts. He described this as a rare setup that could be a precursor to a major price rally.

The post Dogecoin (DOGE) Crashes to a 3-Year Low, Yet Analysts Expect a Big Move Up Ahead: Details appeared first on CryptoPotato.

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