Crypto News August 5, 2026: Bitcoin and Crypto News — Daily Highlights
[LIVE] August 5, 2026: Bitcoin and Crypto News — Daily Highlights
📌 Daily Summary
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Ethereum is testing the critical $2,000 level as discussions around EIP-8361 intensify, amid a notable rise in the Crypto Fear and Greed Index, suggesting a potential shift from the fear zone. The all-time high of ETH locked in the Ethereum network adds bullish sentiment, while BitMEX founder Arthur Hayes forecasts a dramatic surge in Bitcoin, potentially reaching $1 million if the AI bubble bursts. Meanwhile, the US Senate is poised to vote on the Crypto Transparency Act next week, which could provide further regulatory clarity in the sector. Additionally, a report from crypto finance company BIT indicates that gold and Bitcoin may experience correlated price increases in the near future, bolstering investor optimism.