Bitcoin prices have remained stagnant below the $30,000 mark, with the coin technically under pressure after declining from its peak in early July. However, on-chain data from CryptoQuant shows that the Bitcoin miner reserve has been increasing, indicating optimism among miners. The BTC miner reserve currently stands at 1.841 million, up from 1.826 million in May. While Bitcoin miner reserve trends are important for traders, other factors such as regulation and energy consumption could also impact prices in the future.

Robert F. Kennedy Jr., a presidential candidate, has defended Bitcoin against criticism of its environmental impact, arguing that such arguments are being used to limit financial freedom. Kennedy responded to a post by Sangha Systems director Daniel Feldman, who argued that Bitcoin has a "symbiotic relationship" with renewable energy.

Mike Novogratz, the founder of Galaxy Digital, shared his investment recommendations for young investors with a high-risk tolerance in an interview with Bloomberg Wealth. He suggests a portfolio that combines traditional assets like Alibaba, silver, and gold with leading cryptocurrencies Bitcoin and Ethereum.

The writer's opinion is presented and it is not financial advice. XRP's value has remained above $0.65 after a legal win against the US SEC, leading to a sharp upswing. However, XRP has retraced to the 50% Fib level due to the weakening of Bitcoin. The 50% Fib level has been a crucial rescue for bulls during the past two price pullbacks, and if the trend continues, bulls could see respite near this level.

Coinbase CEO Brian Armstrong has revealed that the US Securities and Exchange Commission (SEC) requested the exchange to halt trading in all cryptocurrencies other than Bitcoin prior to suing the platform over more than 200 tokens it offers.

Bitcoin's price is showing signs of recovery and could potentially reach the $29,700 resistance level in upcoming sessions. The cryptocurrency has broken a key bearish trend line and is currently trading above the $29,300 level and the 100 hourly Simple moving average. However, if it fails to clear the $29,700 resistance, it may experience a fresh decline with immediate support at the $29,300 level. A close above the $30,000 resistance zone could lead to a significant increase in price. Technical indicators suggest a bullish trend for Bitcoin.

Bitcoin and Ether prices experienced a drop on Monday morning in Asia, but managed to stay above the support levels of US$29,000 and US$1,800 respectively. The decline was linked to news of a hack at DeFi exchange Curve Finance, which resulted in an estimated loss of US$41 million worth of cryptocurrencies.

The number of Bitcoin wallet addresses with a non-zero balance has hit a new record high, reaching 47.9 million according to data from Glassnode. This metric is often used to measure Bitcoin adoption and suggests that more people are investing and holding onto Bitcoin. The increase in non-zero addresses is attributed to new investors being enticed back into the market due to optimism for a better macro backdrop in 2023 and increased on-chain and technical signs that the Bitcoin bear market is over. Despite recent fear-driven discussions and rate hikes, Bitcoin's price has shown resilience and non-zero address adoption trends indicate a positive outlook for Bitcoin's future.

Peter Brandt, a veteran trader known for predicting the 2017 Bitcoin collapse, believes that Bitcoin will eventually surpass stocks and gold as the top asset class. He argues that Bitcoin's correlation to other markets is not important, but rather how those markets correlate with Bitcoin.

Bitcoin and Ethereum saw gains over the weekend, with BTC surpassing $29,000 and ETH reaching over $18,000. However, BTC experienced a slight decrease in percentage performance. Other altcoins, such as Litecoin and Dogecoin, also saw minor gains. Shiba Inu was the top gainer with a 5.38% increase in 24 hours, while Toncoin experienced the biggest loss. The global crypto market cap increased by 0.09% to $1.19 trillion.