120k remains key resistance - a breakout could take BTC to 121.7–122.3k
- CB Premium has turned positive again
- CVD and Delta are positive, but still weak overall due to heavy ask absorption
- OI is climbing moderately
All eyes on the reaction at 120k.

Twitter

Arweave is in trouble again, with suspicions of internal strife within the community. What exactly happened? We've compiled relevant information from X, and the story is roughly as follows:
1. An Arweave ecosystem project called HyMatrix @HyMatrixOrg, which uses Arweave for permanent storage, announced the launch of its first testnet on August 1st. This public chain, focusing on "decentralized computing," boasts a revolutionary SCP architecture (a storage consensus) capable of achieving a 1,000x performance improvement.
2. Forward Research...

Storage leader Arweave faces internal strife, wielding legal letters against ecosystem projects! What's going on?

[Bitcoin holds $118K while ETH, BNB, LINK, UNI aim to extend the altcoin rally]
Bitcoin could pick up momentum above $120,000, with ETH, BNB, LINK, and UNI following suit.

Bitcoin holds $118K while ETH, BNB, LINK, UNI aim to extend the altcoin rally

[OKB pumps 160% after 65M burn as OKX fixes supply at 21M, upgrades X Layer]
OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.