Crypto News Today August 5: Bitcoin Holds $64K, Cysic Token Soars 93%

Top 15 Crypto News Today Covers FTX, Ondo, Bybit MiCA, BIP-110, BitGO

Overall Cryptocurrency News, 5 August 2026: The market gained 0.7% as Bitcoin and Ethereum posted modest gains. Rising institutional adoption, tokenization, and regulatory developments balanced cautious investor sentiment reflected by the Fear Index of 27.

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global cryptocurrency market today reached a capitalization of $2.27 trillion, with an overall surge of 0.7% in the last 24 hours, while total trading volume was recorded at $52.2 billion.

Bitcoin’s (BTC) dominance in the industry remains strong at 56.5%, while Ethereum (ETH) holds 9.9%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from Official CoinMarketCap Data on 5 August 2026 at 1:30 AM UTC)

• Bitcoin (BTC) price today reached $64037.63, surging 0.98% in the last 24 hours, with a trading volume of $22.89 billion and a market cap of $1.28 trillion.

• Ethereum (ETH) price today is at $1864.28, gaining 0.64% in 24 hours with a trading volume of $7.8 billion and a capitalization of $225 billion.

Top Trending Crypto Coins Price in 24 Hours

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

• Invesco QQQ Trust Tokenized (QQQB) price: $721.97, up 3.22% in the last 24 hours, trading volume (TV): $327.86M.

• Unitas (UP) price: $0.3277, down 2.86% in the last 24 hours, TV: $110.65M.

• Lorenzo Protocol (BANK) price: $0.05316, up 19.6% in the last 24 hours, TV: $225.15M.

• Cysic (CYS) price: $0.5470, surges 93.19% in the last 24 hours, TV: $86.39M.

• Pump.fun (PUMP) price: $0.002405, gains 13.61% in the last 24 hours, TV: $155.73M.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

• Pump.fun price today (PUMP): $0.002395, gained 13.14%, trading activity $155.62M.

• LayerZero price today (ZRO): $0.7909, climbed 7.96%, trading activity $43.26M.

• Zcash price today (ZEC): $506.67, rose 5.85%, trading activity $297.45M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

• Audiera price (BEAT): $2.57, down 14.92%, with trading activity around $50.23 million.

• ether.fi price (ETHFI): $0.3613, lower by 9.20%, with trading volume near $58.15 million.

• Canton price (CC): $0.1083, fell 6.06%, with trading volume of approximately $25.19 million.

Stablecoins and DeFi Market Update 

(As per CoinGecko on 5 August 2026 at 1:30 AM UTC)

• The Stablecoin Market reflects a 0.2% increase over the past 24 hours, with a market capitalization of $302 billion and a trading volume of $48 billion.

• The Overall (DeFi) Decentralized Finance market escalated 1% over the last 24 hours, recording a market cap of $61.4 billion and trading volume (TV) at $31.7 billion. Defi dominance globally marked 4.1%.

Crypto Fear and Greed Index Today

Source: Alternative Me

The Crypto Fear & Greed Index stands at 27 (Fear) today, up from 25 (Extreme Fear) yesterday, showing slightly improved sentiment. However, it remains below last week's 29 (Fear). Compared with last month's 24 (Extreme Fear), confidence has recovered modestly, but investors remain cautious amid ongoing uncertainty.

Top 15 Latest Crypto News Today, August 5

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. SBF Appeal Officially Ends: The U.S. Court of Appeals closed Sam Bankman-Fried’s appeal. His 25-year prison sentence, fraud convictions, and $11 billion forfeiture remain unchanged. Supreme Court review is his final option.

2. Ondo Leads Tokenized ETF Growth: Ondo Finance added $338.6 million in market value over the past year, leading tokenized ETF issuers. Binance bStocks and xStocks ranked second and third, respectively.

3. COLDCARD Hack Losses Rise: Chainalysis reported Canadian Bitcoin holders lost up to 25% during the COLDCARD hack. Total losses exceeded $100 million and could reach $130 million if attacks continue.

4. Coinbase Supports CLARITY Act: Coinbase policy chief Faryar Shirzad defended the CLARITY Act, saying it encourages innovation, protects consumers, and keeps fraud punishable while rejecting claims about banking disruption.

5. BlackRock ETHA Reverse Split: BlackRock plans a 3-for-1 reverse stock split for its Ethereum ETF ETHA in October. The move aims to reduce trading spreads and improve market efficiency.

6. Cloudflare Launches AI Wallets: Cloudflare introduced programmable wallets for AI agents. The product supports stablecoin payments, spending controls, and automated purchases, with more payment features arriving gradually.

7. Nigeria Approves Tokenized Stocks: Nigeria’s SEC approved tokenized stock trading on the NASD OTC Exchange. Services begin in September, with future expansion into bonds, real estate, and private assets.

8. Bybit EU Gets EMI License: Bybit Payments GmbH secured an Austrian EMI license. The approval enables regulated payment services, while crypto trading will remain under its separately licensed MiCA entity.

9. Telegram Returns to App Store: Telegram briefly disappeared from Apple’s App Store after illegal content appeared in a public group. Pavel Durov blamed organized extortion attacks targeting user-generated platforms.

10. Polymarket Traffic Surges: Polymarket recorded 43.1 million monthly visits, surpassing FanDuel, DraftKings, and Kalshi combined. Founder Nick Tomaino credited prediction markets for delivering valuable real-world information.

11. Russia Signs Crypto Law: President Vladimir Putin signed Russia’s new digital currency law. The rules gradually introduce regulated crypto trading, with licensed intermediaries becoming mandatory by July 2027.

12. BIP-110 Faces Activation Failure: Michael Saylor said BIP-110 lacks enough miner support for activation. Without major backing, the proposal may stall or create only a minor network fork.

13. BitGo Adopts Chainlink CCIP: BitGo will replace LayerZero with Chainlink CCIP for WBTC cross-chain transfers. The migration strengthens security following recent bridge attacks affecting multiple crypto projects.

14. BNY Mellon Adds Crypto Staking: BNY Mellon partnered with Galaxy to bring staking to its digital asset custody platform. Clients will stake tokens without moving assets after regulatory approval.

15. Western Union Launches Stablecard: Western Union launched Stablecard, allowing users to spend USDPT stablecoins through Visa merchants. The service starts in 37 markets and will expand further this year.

Major Crypto Market Events Today

Source: Forex Factory

Comparative Insight: What Changed Today?

Compared with the August 4 crypto market update, the August 5 update remained at $2.27 trillion, but daily growth eased from 1.1% to 0.7%, while trading volume declined from $54.6 billion to $52.2 billion. Bitcoin strengthened from +0.7% to +0.98%, Ethereum rebounded from a 0.4% loss to a 0.64% gain, and the Fear & Greed Index improved from 25 (Extreme Fear) to 27 (Fear), signaling slightly stronger investor confidence despite continued caution.

What This Means for Cryptocurrency Users

Crypto news readers and users are seeing stronger institutional adoption through tokenized assets, stablecoin expansion, and regulated financial products. However, ongoing security incidents and persistent fear sentiment suggest users should prioritize secure storage, monitor regulatory developments, and remain selective when trading high-volatility altcoins.

Risk Context: This commentary is not about long-term conditions and is merely informational. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

The 24-hour crypto news market shows the market remains cautiously positive but still carries elevated risk. Bitcoin and Ethereum show stability, while institutional interest continues growing. However, fear sentiment, security breaches, and volatile altcoins mean investors should avoid overexposure, diversify portfolios, and make decisions based on research rather than hype.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. Not all regions are able to provide all the services or assets in question.