KuCoin Crypto Daily(2026-08-03)

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Today's Highlights

1. Experience Show Australia 2026 to Take Place in Sydney


Macro News

Zhibao Tech Signs $154.7M BTC PIPE Deal

Zhibao Technology, a Nasdaq-listed Chinese insurtech firm, signed a $154.7 million private investment in public equity (PIPE) agreement payable in 2,380 BTC. If finalized, this deal could potentially overhaul the company's leadership structure.


Final Negotiations on the Crypto Clarity Act Begin

Final negotiations on the Bitcoin and Crypto Clarity Act have started in Washington DC. The White House is reportedly pushing for final ethics provisions before the August recess, marking a pivotal moment for U.S. crypto leadership.


Meta's AI Smart Glasses Face Privacy Scrutiny

Meta's AI smart glasses have sparked privacy concerns, with critics dubbing them "pervert glasses." The devices are under investigation and have drawn protests due to allegations of intrusive data collection.


Trump Analysis Suggests $1.4B in 2025 Crypto Earnings

A Senate Banking Committee staff analysis indicates that the CLARITY Act could allow Trump to profit from crypto, potentially generating $1.4 billion in 2025. This development could impact the bill's Senate vote and add regulatory uncertainty.


Bitcoin and Crypto Clarity Act Final Negotiations Begin

Final negotiations on the Bitcoin and Crypto Clarity Act have begun in Washington DC. The White House is pushing for final ethics provisions, with only days left before the August recess, making this a critical period for U.S. crypto policy.


Industry Hotspots

TRON Leads in Real-World Crypto Spending

According to the latest Q2 2026 report from CoinDesk Research, TRON captured 34% of the total $2.4 billion in crypto card transaction volume, making it the leading blockchain network for real-world spending.


Bitcoin Whale Moves $46M After 4-Year Dormancy

A Bitcoin whale moved 730 BTC, valued at approximately $46.12 million, after four years of inactivity. This activity has reignited discussions around accumulation and potential market moves.


Hyperliquid Sees $103M Drop in Micron and SK Hynix Positions

Hyperliquid reported a $103 million reduction in positions for Micron and SK Hynix, with SanDisk seeing a 36% gain. This shift reflects changing market dynamics in crypto trading.


Pact Swap Enables Native BTC and LTC Swaps Across Ecosystems

Pact Swap allows users to swap native BTC and LTC across different blockchain ecosystems without relying on bridges or wrapped versions, offering a new solution for UTXO-based assets.


Andrej Karpathy Uses Claude Opus 5 to Generate 3D 'Lord of the Rings' World

Andrej Karpathy demonstrated the power of Claude Opus 5 by generating a 3D version of the "Lord of the Rings" world using Three.js, with a budget of around 100 million tokens, or $10.


KOL and Institutions

@CryptoSavingExp

Bitcoin is currently trading at $62,877, just below the key $63,000 support level. The market remains range-bound with $64,000 as the main resistance. A confirmed move above this level could strengthen the short-term bullish structure.

@EliteOptions2

A framework for making your first $100k in trading includes patience, selecting 3-5 tickers, understanding their movements, marking key levels weekly, and maintaining discipline before market open.

@Arman_Trading

BTC is trading around $63,418, up $216 (0.3%) since the last update. ETH is near $1,879, up $20 (1.1%). Gold is at $4,073, up $29 since the last report.

@SnowyDeFAI

BTC is at $63,379.00, ETH at $1,880.43, and SOL at $73.56. Market conditions remain dynamic, with HYPE at $52.61 and SUI at $0.69.

@AndrewJenkinsT6

Bitcoin has withstood every wave of fear and continues to move forward despite challenges. The network remains operational, and the market keeps evolving with each cycle.


This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.

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