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ETH $1.9K · Hardware wallet phishing surge nets $130M in Coldcard losses ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #52 · Tuesday, August 4, 2026
Market mood  Extreme Fear · 25/100  ▼ from 28 yesterday
Bitcoin held above $63,700 while extreme fear persisted, as security incidents and regulatory moves dominated headlines beyond price swings.
 
 

  The Numbers

Bitcoin (BTC)$63,723  +1.6%
+0.6% this week
Ethereum (ETH)$1,867  +0.9%
-0.6% this week
Total crypto market$2.26T  +1.5%
BTC dominance 56.4% · BTC 49% below its all-time high

  The Movers

Top gainers (24h)

ATOM Cosmos Hub+8.1%
ALGO Algorand+6.4%
AVAX Avalanche+5.8%
PUMP Pump.fun+5.2%

Top losers (24h)

BEAT Audiera-20.6%
UNI Uniswap-5.2%
CC Canton-4.5%
FLR Flare-3.2%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin sits between its 50-day ($63.3K) and 200-day ($70.8K) averages — a trend in transition. Over the past 30 days it has traded between $62.2K and $66.5K; today's price sits in the middle third of that range. RSI(14) is 35 — momentum remains weak.

See all nine coins on the daily markets page →

  The Brief

 Hardware wallet phishing surge nets $130M in Coldcard losses

Criminals sent fake security audit emails directing Coldcard users to a cloned website that installed remote-access malware. This is a major security incident affecting self-custody holders. (Decrypt)

 BlackRock expands tokenized money market fund access to Europe

The asset manager launched onchain access to $311 billion in money market funds, following its U.S. expansion. Shows institutional adoption of blockchain-based financial infrastructure. (CoinDesk)

 South Africa proposes rules for cross-border crypto transactions

Lawmakers drafted requirements for offshore crypto transfers to use authorized providers and report to the central bank. Signals emerging regulatory frameworks in developing markets. (CoinDesk)

 First U.S. spot bitcoin ETF to close amid investor outflows

Hashdex's DEFI fund, smallest among spot bitcoin ETFs with $14.7 million assets, is shutting down as investors shift to AI and larger competitors. Reflects consolidation in the ETF space. (CoinDesk)

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Crypto 101

What does "circulating supply" mean?

Coins actually available in the market now — versus total or max supply, which include locked, reserved, or not-yet-issued coins. Future unlocks can dilute holders.

“Exchanges are for trading. Wallets are for holding.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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