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Bitcoin (BTC) Tests $64,500 Resistance as Money Flow Index Hits 100; Bulls Eye Breakout Above $64.2K
Bitcoin rose to $64,244 on August 5, 2026, as buyers challenged key resistance. The leading cryptocurrency reached an intraday high of $64,511 before encountering selling pressure. Momentum indicators signal extreme overbought conditions as the Money Flow Index touched 100. Institutional traders now focus on a sustained breakout above $64,200 to confirm further upward momentum. Technical…
Bitcoin (BTC) Holds Above $63,800, Gains 1.73% Despite ETF Outflows; Hyperliquid (HYPE) Jumps 4.03%
Bitcoin trades at $63,800 on Tuesday, advancing after Monday’s mild correction. The move comes even as last week’s broader ETF outflow trend still weighs on sentiment. US spot Bitcoin ETFs flipped positive Monday, pulling in $170.09 million in fresh inflows. Hyperliquid extended its rebound for a third straight session, climbing back above its 200-day moving…
South Korea’s Kospi Tumbles 5% on AI Chip Fears, Reversing Friday’s Record Rally
South Korea’s Kospi index fell 5% on August 3 after a record 17.9% rally Friday, as Samsung and SK Hynix dropped 9% each. Leverage-fueled selling and AI spending concerns drove the reversal.
Super El Niño Cuts 2026 Atlantic Hurricane Forecast to 9 Storms on August 3
Super El Niño weakens 2026 Atlantic hurricane season forecast to 9 storms. Climate Impact Company cuts outlook as warm Pacific waters suppress tropical activity through fall.
Isaac Cooper Steps Down From Dolphins Leadership After Glasgow Drinking Incident
Isaac Cooper steps down from Australian Dolphins leadership role after missing final Commonwealth Games night in Glasgow. Swimming Australia confirms he will compete at Pan Pacific Championships.
Super El Niño Forecast Signals Harsh Winter for US on August 3
A Super El Niño is forecast to intensify through 2026, bringing significant snow to parts of the US, wetter conditions to the South, and warmer weather to the West this winter.
South Korea Hits 42.5C Record as Heatwave Triggers Emergency Response
South Korea records 42.5C on August 2, its hottest day in 122 years. Government declares emergency heatwave alert affecting over 20 cities and triggering 1,781 heat-illness cases.
CuspAI Hits $2.6 Billion Valuation After Jeff Bezos, Nvidia, and Meta Back AI Materials Startup
Cambridge-based AI startup CuspAI secured $450 million in a Series B funding round on July 20, 2026. The funding pushed its valuation to $2.6 billion, backed by Jeff Bezos, Nvidia, and Meta. CuspAI uses artificial intelligence to discover new materials for chipmaking, clean energy, and manufacturing. The round marks a fivefold jump from its $520…
Singapore Q2 Retrenchments Hit 5-Year High at 4,500 Despite Job Growth
Singapore Q2 retrenchments hit 4,500, highest since pandemic, as outward-oriented sectors restructure. Employment still grew 10,700 and jobless rate stayed at 2 per cent.