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Rep. Rashida Tlaib holds up to $30,000 in iShares Bitcoin (BTC) Trust ETF positions and up to $15,000 in a Grayscale Ethereum (ETH) staking fund, her latest financial disclosure shows.

The Michigan Democrat voted against the CLARITY Act in July 2025 and co-sponsored a resolution targeting crypto corruption. The Senate takes up the same bill in September.

What the Disclosure ShowsTlaib filed her annual disclosure covering 2025 on August 11, 2026. It lists the iShares Bitcoin Trust ETF (IBIT) in two separate accounts. Her Schwab Rollover Traditional IRA and her Schwab Roth Contributory IRA each hold a position valued at $1,001 to $15,000.

The Roth IRA also holds the Grayscale Ethereum Staking Mini ETF, which is likewise valued between $1,001 and $15,000. Combined, the three positions represent between $3,003 and $45,000 in crypto exposure. Lawmakers disclose assets only in broad ranges.

🇺🇲Rep. Rashida Tlaib’s latest financial disclosure reveals she holds Bitcoin and Ethereum in her $1.2 million retirement account.

So why did the “Squad” staple vote against major crypto legislation in Congress?

Tlaib voted last month against the pro-crypto CLARITY Act.

She… pic.twitter.com/A8AFABQMNS

— Mario Nawfal (@MarioNawfal) August 23, 2026
The filing shows Tlaib bought IBIT on April 28 and May 29, 2025. Both purchases coincided with rollovers of two employer retirement plans into her Schwab accounts. The exposure comes entirely through exchange-traded funds. The filing lists no directly held cryptocurrencies.

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A Voting Record That Points the Other WayTlaib voted against the CLARITY Act when the House passed it 294-134 in July 2025, House records show. The bill would establish a market structure framework for digital assets. The Senate holds a procedural vote on it on September 15.

In October 2025, Tlaib co-sponsored the Ban Crypto Corruption Resolution led by Rep. Ro Khanna. It calls on politicians and their immediate families to refrain from issuing, sponsoring, or endorsing digital assets. It also urges blind trusts for their digital asset holdings.

Her skepticism dates back further. In 2020, she introduced the STABLE Act. The bill sought to make it illegal to issue a stablecoin unless the issuer was an insured depository institution and a Federal Reserve System member. The bill died in committee.

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A prominent investor is urging people to shift away from bonds and toward gold and Bitcoin (BTC) to shield against a potential major US debt problem.

Ray Dalio, founder of Bridgewater Associates, made the comments in a LinkedIn post published Friday, August 21st, 2026.

He linked recent Treasury actions, including Secretary Scott Bessent’s announcement of debt buybacks likely exceeding $4 billion, to a broader pattern signaling trouble ahead.

The US is spending about 40% more than it takes in, with this year’s revenue around $5.5 trillion and expenses near $7.5 trillion.

If the US government were a business, Dalio noted that debt service payments would total about $11 trillion—roughly 200% of annual revenue.

Dalio highlighted that the government’s financial condition is at an inflection point.

“I am confident that the government’s financial condition is at an inflection point. If this is not dealt with now, the debts will build up to levels where they can’t be managed without great trauma.”

He outlined a three-part approach to reduce the deficit to 3% of GDP by cutting spending, raising tax revenue, and lowering interest rates, all done concurrently to avoid trauma.

“All three need to happen concurrently so as to prevent any one from being too large. If any one is too large, the adjustment will be traumatic.”

Dalio estimated a debt crisis could hit in one to five years, guessing about three years if unchanged.

“My guess, which I suppose will be a bad one, is that it will come in three years, give or take two, if the course we’re on is not changed.”

To prepare, he recommended investors stay underweight in bonds while putting as much as 10% to 15% of a portfolio in gold and holding “a bit” of Bitcoin.

Generated Image: Midjourney

10h35 ▪ 6 min read ▪ by Luc Jose A.

Summarize this article with:

In five consecutive sessions, American spot Bitcoin ETFs have accumulated 1.92 billion dollars in inflows. These capital inflows bring their assets under management to around 100 billion dollars. At the same time, flows affect Ether, XRP, and Solana, proving that institutional interest now goes beyond bitcoin.

In brief 1.92 billion dollars are injected in five days, bringing total assets under management to 96.07 billion. The IBIT ETF absorbs 77% of Friday’s flows (239.28 million dollars) with no net outflows in the market. 697.18 million dollars were captured over the week, driven by clear domination of the ETHA fund. There is also a simultaneous institutional rush to XRP ETFs (18.38 million) and Solana (10.07 million). Spot Bitcoin ETFs accumulate 1.92 billion dollars in one week driven by BlackRock At the end of an extremely intense trading week on Wall Street, the seven spot Bitcoin ETFs recorded activity. These products thus ended Friday, August 21, with a total accumulation of 307.45 million dollars. Such a collection marks the end of an exceptional week, characterized by the absence of any withdrawals among the referenced ETFs. The American giant BlackRock dominated Friday’s trading day, and its IBIT product attracted 239.28 million dollars alone, or nearly 77% of the total daily inflows.

Over the entire session on Friday, the total volume traded on these financial vehicles reached around 6.37 billion dollars. This amount illustrates the presence of extraordinary liquidity in the US market. Thus, the various assets under management in the sector exploded by nearly 6 billion dollars between Thursday and Friday to reach 96.07 billion dollars.

Such a spectacular jump automatically repositions the symbolic 100 billion dollar mark within reach of issuers. The last three trading days of the week saw a surge. As a result, banking telecoms as well as financial advisors increased their allocations thanks to the mechanical push in bitcoin’s price. Such a massive return of liquidity to the market attests to the operational maturity of financial tools compared to crypto volatility.

The concise distribution of flows injected this Friday reveals the respective contributions of various ecosystem actors :

BlackRock (IBIT) : 239.28 million dollars ; Fidelity (FBTC) : 30.19 million dollars ; Grayscale Bitcoin Mini Trust : 13.62 million dollars ; Bitwise (BITB) : 9.21 million dollars ; Morgan Stanley (MSBT) : 7.73 million dollars ; VanEck (HODL) : 4.36 million dollars ; ARK 21Shares (ARKB) : 3.07 million dollars. Buying momentum extends to Ether with 697 million dollars in weekly inflows Institutional investors’ appetite has gone beyond bitcoin. It has expanded to the market’s second largest crypto. Thus, Ether ETFs recorded five consecutive days of fund inflows, accumulating 184.93 million dollars on the last day alone. Their weekly total stands at 697.18 million dollars.

We also note a centralization of distribution: BlackRock’s ETHA ETF ranks first with 150.83 million dollars, representing about 82% of daily flows. As for the rest of the capital, it was distributed between the Grayscale Ether Mini Trust (11.51 million), BlackRock’s ETHB (9.94 million), Fidelity (9.62 million), Bitwise (2.24 million), and Morgan Stanley (779,000 dollars). No capital outflows were reported in this subcategory.

The last day accumulated a capital volume of 1.67 billion dollars for Ether ETFs. This volume seals assets under management at 14.29 billion dollars. Thus, the simultaneous increase of Ether products certifies that institutional deposits require diversified exposure to decentralized infrastructures, beyond the simple store of value offered by bitcoin. The consistency of these positive flows is proof of a gradual, yet structural integration of Ethereum cryptos into traditional managers’ portfolios.

Institutional interest expands to XRP and Solana in a controlled euphoria climate Along with this evolution of the two leading cryptos in the sector, alternative assets like XRP and Solana also benefited from increased allocations before the weekly session closed this Friday. Capital based on XRP attracted 18.38 million dollars, mainly propelled by Bitwise (16.89 million) and Franklin Templeton (1.49 million). In this context, the total assets under management for this asset stand at 1.33 billion dollars, with 94.03 million in trading volume.

Regarding Solana, cumulative inflows amount to 10.07 million dollars, split between Bitwise with 8.73 million and Fidelity with 1.35 million, establishing total managed assets at 1.12 billion dollars. However, funds directed to the HYPE crypto did not record any flows on this day, illustrating selective arbitrage among investors.

The conformity of inflows across all crypto products confirms an explosion of institutional demand. Thanks to the total absence of withdrawals on Bitcoin and Ether ETFs, the significant liquidity prepares the sector for new portfolio adjustments. With a sentiment index scoring 71 returning fully to the greed zone, careful monitoring is necessary of the market’s ability to absorb these growing assets. Exceeding the symbolic threshold of 100 billion managed on bitcoin will be a major test, likely indicating whether the institutional accumulation cycle will serve as a sustainable base or trigger profit-taking at these historic highs.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

US spot Bitcoin and Ether ETFs just had the kind of week that makes fund managers sleep soundly. Combined net inflows hit $2.6 billion for the week ending August 21, marking the strongest weekly performance for both product categories since October 2025.

Trading volume across the funds surpassed $29 billion, more than tripling from the prior week. The previous week saw roughly $392 million in net outflows, representing a swing of approximately $3 billion in a single week.

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Bitcoin leads, Ether follows Bitcoin ETFs did the heavy lifting, pulling in nearly $1.9 billion and accounting for about 73% of the total haul. Bitcoin fund trading volume alone reached approximately $22.1 billion, an increase of more than 219% week over week.

Net assets under management for Bitcoin ETFs climbed to $96.1 billion, a 25.4% jump driven by both fresh capital and underlying price appreciation. Since their launch in early 2024, cumulative net inflows for Bitcoin ETFs have now reached roughly $53.7 billion.

Ether ETFs recorded about $697 million in net inflows, representing their largest weekly total of 2026. The combined $2.6 billion week marked the largest weekly inflow total of the entire year for both fund types.

The uncomfortable year-to-date picture Despite this blockbuster week, both Bitcoin and Ether ETFs remain negative on a year-to-date basis, currently tracking toward their first full year of net outflows since inception.

Bitcoin ETFs debuted in January 2024 to record-setting demand, with Ether ETFs following later that year. Both products attracted billions in their early months, with institutional and retail investors racing to gain regulated exposure to crypto.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Bitcoin [BTC] surpassed the $79,000 level as it extended its five-day rally to more than 30%. Institutions have mixed actions, as BlackRock continues to buy while others like Jump Crypto are taking profits.

The retracement back to $77K after massive liquidations hints that a bigger correction might be coming. Here are the full details of what follows after hitting the $79K wall.

Jump Crypto’s BTC sell triggers massive liquidations After Bitcoin recovered massively from the correction that saw it revisit the $60K zone, some institutions have started offloading. For instance, Jump Crypto moved 1.14K BTC, valued at $89 million, to Binance’s hot wallet to sell.

The activity was completed in two transactions of $8.10 million and $80.88 million. When such institutions take profit, these activities tend to trigger market-wide distribution.

Source: Onchain Lens Apart from Jump Crypto, a mysterious whale who has been selling Bitcoin since the 19th of July continued selling. As per data from Lookonchain, they sold 2,700 BTC worth $211.8 million, bringing the total to 7,700 BTC worth $576.6 million in three days.

Collectively, the institution and the whale accounted for more than $300 million in BTC selling pressure.

As a result, long liquidations surpassed $647 million, with Bitcoin accounting for most of it. These liquidations spiked after BTC price retraced to $77,000.

Source: CoinMarketCap These liquidations caused Bitcoin to lose about 2.5% of the cap gained, as well as Ethereum [ETH], Solana [SOL], and Ripple [XRP].

However, the crypto market remains relatively strong, and this dip could be a short correction. But why do these activities hint at a looming correction?

Shorter timeframes hint at correction looming The rally past $79,500 pushed Bitcoin to its most overbought level since November 2024. The RSI crossed 86 but has since retraced to 80, indicating a cool-off in the buying activity.

Additionally, traders have stacked massive sell orders at between $79K and $80K, worth more than $92 million on Binance. Massive whale orders and large trades are also sitting between $74K and $76K.

This further reinforces that Bitcoin could be bracing for a correction, but it is yet to be confirmed.

Source: Crypto Rover On the charts, Bitcoin has lost the 9 and 26 SMAs on the hourly chart. The MACD has also flipped red as BTC breaks below $77K.

However, its price remains above the 50 SMA on the same chart, which is bullish, unless the 30% rally is wiped out.

Final Summary Jump Crypto sold $89 million in BTC while a whale sold $211 million in BTC, triggering over $649 million in long liquidations.  Bitcoin faced a massive sell wall between $79K and $80K, hinting a potential correction could be coming. 

This illustration photograph taken on November 22, 2024 in Istanbul shows a coin imitation of the Bitcoin crypto currency arranged beside a screen displaying a trading chart.

AFP via Getty Images

"This wasn't an organic rally. It was a classic short squeeze," the trader MARMOT posted to 114,000 views on Friday, as bitcoin closed a run that carried it from $62,900 on August 16 to $79,500 five days later, a 26% move that left the price near $77,000 on Saturday. "$3.1 BILLION in shorts wiped out," the post read. "One of the biggest short liquidations I've seen."

"And right now, retail is FOMO-ing in hard, convinced the bottom is in," MARMOT posted to 82,000 followers, adding that "there are more than $12 BILLION in longs sitting right below us" and that "Market makers could be hunting these longs next." Those figures are MARMOT's own count, not an exchange disclosure.

'Retail Actually Has More Influence Over The Markets'"I don't support zero DTE options. But with the rise of zero DTE options, retail actually has more influence over the markets than you would think," said Charan Dangeti, a content creator working with paper trading app GameStock, in an interview about the options market retail now reaches.

"we've always complained that, oh, you know, institutions control the markets. We can't do anything at end of the day," said Dangeti, who posts market analysis to more than 226,000 followers and runs a free Discord of over 33,000 people. He added: "I just don't think that's true anymore."

'My End Year Forecast Is Too Low'"For the first time this year there is now a risk my end year forecast (of USD100k) is too low," wrote Geoff Kendrick, Standard Chartered's global head of digital assets research, who had cut that year-end call from $150,000 in February and now sees a retest of bitcoin's $126,000 record, with the recovery accelerating after October 6.

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"56% of $BTC options flow was blocks: $47.39M in call buys vs $13.54M in put buys," the flow tracker Bykaranteli posted on Friday, as SoSoValue counted $1.62 billion into the US spot bitcoin funds over four sessions to August 21, reversing a week of net outflows. The biggest options print cut the other way, "a $1.67M block call sell at 70000 for 25SEP26."

"A week ago, we were stuck around $62K, and everyone was waiting for $45–50K to start buying," the trader Crypto Kit wrote on Friday evening. "Today BTC is at $77K, and suddenly everyone is perfectly fine with that price too. FOMO everywhere."

'Pullback Is Very Much Needed'"Everyone Calling for $100k Now!" wrote ABU CARTEL, who told 61,000 followers that "When we are Straight up for 3 days, 25%+, Everyone is now Calling for New ATH & $100k+" and that "Pullback is very much Needed, We Fully Rekt the Shorts." The stated range: "78900-86975 is my Short Target Range," with "Above 87k is $100k."

"#Bitcoin ripped from $64k to nearly $80k in 3 days on a weak treasury buyback signal + the biggest short squeeze in years," wrote David Goldstein, a trader posting as WagsCap, in a week when the squeeze had already pulled $100,000 calls out of Wall Street.

"$80k is the first real resistance, but most likely this leg tops out somewhere in the $85k-$90k zone before it fades back to $55-$65k or consolidates hard around $70-$75k," Goldstein wrote, arguing that "squeeze fuel is largely spent."

"I wouldn't jump in right now just because of FOMO," Crypto Kit wrote, because "what's stopping the market from pulling back 10% from here? Nothing." The advice to anyone reading a leaderboard instead of a plan: "If you didn't plan to buy before, or the price didn't look attractive to you a week ago, there's no reason to jump in with both feet now."

"The problem I see a little bit paper trading now, people take aggressive risk. But then they're scared to do that with the real money," said Dangeti, whose audience mostly learns on simulated money long before a live account opens.

Table of contents

Bets against the two largest cryptocurrencies turned into a costly exit this week. Bitcoin and Ether bears were caught in a squeeze-led rally that brought the strongest crypto market move in months, according to the original report.

The rally did not come from one isolated catalyst. Treasury intervention, regulatory developments, and a historic short squeeze collided at the same time. That matters because leveraged traders who had been positioned for further downside were forced to cover, amplifying the move beyond what spot buying alone would have produced.

A Derivative-Driven Flush Short squeezes are not new to crypto, but their speed can catch even experienced traders off guard. When bearish positioning builds and price begins moving against those positions, liquidations push the market further in the same direction. This creates a feedback loop where forced buying drives prices higher and triggers even more forced buying.

Markets that trend sideways for long stretches often compress volatility, and that compression makes breakout moves more violent. The unwind was not limited to Bitcoin. Ethereum shorts faced the same pressure, turning what might have been a modest repricing into a broad market event.

The key question is whether spot demand supports the move after the leverage flush. If the rally was mostly a positioning event, it could fade quickly once the squeeze runs its course.

Policy and Stablecoins Add a Different Layer Unlike previous liquidations, this week also carried a policy component. Treasury intervention and regulatory news can change the calculus for institutions that had been sitting on the sidelines. When policy signals shift, the market often reprices before the full details are understood. Banks and technology companies moving deeper into stablecoins added another layer of demand visibility. Washington’s crypto bill fight remains a live variable because the banking sector is still contesting the rules that could shape stablecoin and custody markets.

Musk’s X reportedly wanting to pay creators in stablecoins reflects the practical appeal of dollar-pegged settlement for platforms with global user bases. The same push is visible across banks and technology companies, which increasingly treat stablecoins as payment infrastructure rather than speculative products. If payout volume shifts from bank transfers to stablecoins, it changes both the demand for settlement tokens and the regulatory profile of the platforms involved.

That trend connects to a broader shift in how real-world assets are being represented on-chain. In the latest tokenization roundup, settlements involving large institutions showed that money-like instruments are no longer confined to crypto-native venues.

What the Market Still Has to Prove The rally is notable, but the durability is unresolved. A squeeze can reverse just as quickly if new buyers do not absorb the supply created by profit-taking. The market also has to separate short-term policy relief from actual regulatory clarity. Without a clear rulebook, institutions may still hesitate to commit balance sheet capital even as stablecoin pilots expand.

Another signal to watch is whether core network activity keeps pace with price. Rankings such as Top 10 Blockchains by Developer Activity This Week offer a slower-moving view of which ecosystems are building rather than just repricing. If developer momentum remains concentrated in a few chains, the wealth effect from a market-wide squeeze may not translate evenly.

At minimum, the week forced traders to respect that policy and payments can still drive crypto markets faster than most models assume. The forced exit of bearish positioning has reset the short-term tone, but the harder test is whether the policy and stablecoin narratives can hold long enough to bring in the type of capital that does not rely on leverage.

AUTHOR

Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.

Goldman Sachs: AI trading sees July-style deleveraging resurface, storage and data center sectors most attractive

Goldman Sachs views this week’s market moves as a classic deleveraging-driven selloff, with underlying logic similar to the July rout. Its high-beta momentum portfolio fell 12% this week, while the AI hedge portfolio dropped 10% over five days. While leverage in the AI sector has pulled back from extreme highs, inertial capital is still driving rapid, indiscriminate dip-buying. Goldman notes that AI trading is not over, but the phase of generating excess returns via broad sector rallies is shifting; investors should now focus on opportunities where stock prices diverge significantly from earnings per share. Among these, the valuation gap in the storage and data center sectors is most pronounced, as earnings recovery has not yet been fully priced in, making them the most tactically attractive. Nvidia’s Q2 earnings report and its September industry conference will serve as upcoming catalysts. Meanwhile, momentum factors are rebalancing: software has replaced semiconductors as the largest weight in the three-month momentum long portfolio, while semiconductors and AI-linked names have shifted to short portfolios. Goldman adds that capital is also flowing into previously overlooked sectors such as European and Japanese banks, gold miners, and copper stocks.

22 minutes ago

Altcoins see widespread pullback, TAC drops over 40% in 24 hours.

According to HTX market data, as Bitcoin fell below $77,000, the cryptocurrency market has entered a pullback, with altcoins generally facing selling pressure and declining. Specifically: TAC is currently priced at $0.001672, down 40.86% in 24 hours; FHE trades at $0.01978, down 30.03% over 24 hours; SQD stands at $0.03, down 29.01% in 24 hours; PTB is priced at $0.0007364, down 27.11% in 24 hours; INX is at $0.006619, down 26.43% over 24 hours; BASED trades at $0.07328, down 25.35% in 24 hours; SWARMS is priced at $0.007254, down 24.80% in 24 hours; BEAT is at $0.1342, down 24.18% over 24 hours.

22 minutes ago

Grayscale: Bitcoin’s current price may offer favorable entry points for long-term investors.

Grayscale Research Head Zach Pandl wrote in a post that while he generally advises investors against trying to time the market, judging from three aspects—structural adoption trends, market cycles, and macro risks—the current Bitcoin price may offer a favorable entry point for investors with a long-term investment horizon. Grayscale noted that sustained growth in government debt, expanding applications of blockchain technology in financial services, and generational shifts in portfolio construction all indicate Bitcoin’s long-term adoption trend remains solid. The current Bitcoin bear market has lasted roughly 10 months, while previous bear markets typically ran 11 to 12 months, suggesting the market may be in the late stage of a bear cycle. The macro environment remains a key source of uncertainty: if the Federal Reserve raises interest rates soon, Bitcoin could fall further; if it holds rates steady, the market may have already hit bottom. Grayscale added that structural adoption, cycle positioning, and overall macro outlook are currently relatively favorable, though future performance remains uncertain.

22 minutes ago

Rumors that Donald Trump will launch a new cryptocurrency: Trump bought Robinhood stocks in June, and his son denied the cryptocurrency launch.

Recently, rumors have emerged in the crypto market that US President Donald Trump is "about to officially launch a new token". The rumors claimed that a newly created Robinhood Chain wallet received 290 ETH and interacted with a "Truth Coin" contract, but no wallet address, controller proof, official contract, or project announcement was provided. Eric Trump, Donald Trump’s second son, subsequently explicitly denied the rumors, stating: "This is a total joke, the news is completely false. No one is going to launch any type of token, and anyone who suggests otherwise is committing fraud." As of now, neither the Trump family nor Robinhood has announced the launch of any related token. Notably, a filing from the US Office of Government Ethics shows that Trump’s investment portfolio purchased Robinhood (HOOD) stocks worth between $1,001 and $15,000 on June 3. HOOD closed at $82.85 on that day, and stood at $108.13 on August 21, representing an approximate 30.5% increase in the period. If the entire position is still held and calculated based on the approximate closing price of that day, the unrealized profit would be roughly $305 to $4,577, though the actual transaction price and subsequent holdings have not been disclosed.

22 minutes ago

Predict.fun has launched its market for the Dota 2 loser's bracket final, with additional markets set to open during the grand final phase.

According to official announcements, Predict.fun’s Dota 2 prediction event The Predict International has launched markets for the loser’s bracket final. As the tournament enters its final phase, the platform will roll out additional prediction markets for the grand finals, with higher overall AP rewards per market. Given the short interval between the loser’s bracket final and the grand finals, users may have only a limited window to complete predictions and lock in their shares once the grand finals markets go live. Those planning to join the final round should closely monitor the event page. The total rewards for The Predict International amount to 100,000 USDT and 5,000,000 Predict Points.

22 minutes ago

Crypto market maker Wintermute has transferred $57 million worth of Bitcoin (BTC) and Solana (SOL) to centralized exchanges (CEXs), sparking speculation that the firm is selling the assets.

According to Onchain Lens monitoring, crypto market maker Wintermute transferred 129,500 SOL tokens to Binance, valued at roughly $12.42 million. The firm also moved 169.5 BTC worth approximately $13.11 million, a transaction suspected to be for sale. Separately, 407.47 BTC were transferred through an intermediate wallet before being deposited into Coinbase, with a total value of around $31.36 million.

22 minutes ago

Goldman Sachs: AI trading sees July-style deleveraging resurface, storage and data center sectors most attractive

Goldman Sachs views this week’s market moves as a classic deleveraging-driven selloff, with underlying logic similar to the July rout. Its high-beta momentum portfolio fell 12% this week, while the AI hedge portfolio dropped 10% over five days. While leverage in the AI sector has pulled back from extreme highs, inertial capital is still driving rapid, indiscriminate dip-buying. Goldman notes that AI trading is not over, but the phase of generating excess returns via broad sector rallies is shifting; investors should now focus on opportunities where stock prices diverge significantly from earnings per share. Among these, the valuation gap in the storage and data center sectors is most pronounced, as earnings recovery has not yet been fully priced in, making them the most tactically attractive. Nvidia’s Q2 earnings report and its September industry conference will serve as upcoming catalysts. Meanwhile, momentum factors are rebalancing: software has replaced semiconductors as the largest weight in the three-month momentum long portfolio, while semiconductors and AI-linked names have shifted to short portfolios. Goldman adds that capital is also flowing into previously overlooked sectors such as European and Japanese banks, gold miners, and copper stocks.

22 minutes ago

Grayscale: Bitcoin’s current price may offer favorable entry points for long-term investors.

Grayscale Research Head Zach Pandl wrote in a post that while he generally advises investors against trying to time the market, judging from three aspects—structural adoption trends, market cycles, and macro risks—the current Bitcoin price may offer a favorable entry point for investors with a long-term investment horizon. Grayscale noted that sustained growth in government debt, expanding applications of blockchain technology in financial services, and generational shifts in portfolio construction all indicate Bitcoin’s long-term adoption trend remains solid. The current Bitcoin bear market has lasted roughly 10 months, while previous bear markets typically ran 11 to 12 months, suggesting the market may be in the late stage of a bear cycle. The macro environment remains a key source of uncertainty: if the Federal Reserve raises interest rates soon, Bitcoin could fall further; if it holds rates steady, the market may have already hit bottom. Grayscale added that structural adoption, cycle positioning, and overall macro outlook are currently relatively favorable, though future performance remains uncertain.

22 minutes ago

Rumors that Donald Trump will launch a new cryptocurrency: Trump bought Robinhood stocks in June, and his son denied the cryptocurrency launch.

Recently, rumors have emerged in the crypto market that US President Donald Trump is "about to officially launch a new token". The rumors claimed that a newly created Robinhood Chain wallet received 290 ETH and interacted with a "Truth Coin" contract, but no wallet address, controller proof, official contract, or project announcement was provided. Eric Trump, Donald Trump’s second son, subsequently explicitly denied the rumors, stating: "This is a total joke, the news is completely false. No one is going to launch any type of token, and anyone who suggests otherwise is committing fraud." As of now, neither the Trump family nor Robinhood has announced the launch of any related token. Notably, a filing from the US Office of Government Ethics shows that Trump’s investment portfolio purchased Robinhood (HOOD) stocks worth between $1,001 and $15,000 on June 3. HOOD closed at $82.85 on that day, and stood at $108.13 on August 21, representing an approximate 30.5% increase in the period. If the entire position is still held and calculated based on the approximate closing price of that day, the unrealized profit would be roughly $305 to $4,577, though the actual transaction price and subsequent holdings have not been disclosed.

22 minutes ago

Predict.fun has launched its market for the Dota 2 loser's bracket final, with additional markets set to open during the grand final phase.

According to official announcements, Predict.fun’s Dota 2 prediction event The Predict International has launched markets for the loser’s bracket final. As the tournament enters its final phase, the platform will roll out additional prediction markets for the grand finals, with higher overall AP rewards per market. Given the short interval between the loser’s bracket final and the grand finals, users may have only a limited window to complete predictions and lock in their shares once the grand finals markets go live. Those planning to join the final round should closely monitor the event page. The total rewards for The Predict International amount to 100,000 USDT and 5,000,000 Predict Points.

22 minutes ago

Crypto market maker Wintermute has transferred $57 million worth of Bitcoin (BTC) and Solana (SOL) to centralized exchanges (CEXs), sparking speculation that the firm is selling the assets.

According to Onchain Lens monitoring, crypto market maker Wintermute transferred 129,500 SOL tokens to Binance, valued at roughly $12.42 million. The firm also moved 169.5 BTC worth approximately $13.11 million, a transaction suspected to be for sale. Separately, 407.47 BTC were transferred through an intermediate wallet before being deposited into Coinbase, with a total value of around $31.36 million.

22 minutes ago

Donald Trump’s June crypto-related stock trades revealed: he reduced his holdings in Coinbase and Strategy, and purchased Robinhood.

U.S. Office of Government Ethics (OGE) financial disclosures released Saturday show that Trump made over 1,000 securities trades in June, with total trading value ranging from $78.1 million to $263.1 million. Crypto-related trades involved Coinbase, Strategy, and Robinhood. Overall, crypto-linked stock trades were relatively small in scale, accounting for a low share of his total June securities trading volume. - Coinbase: Sold Coinbase stock worth $15,001–$50,000 on June 12, $100,001–$250,000 on June 18, and $1,001–$15,000 on June 23; bought Coinbase stock worth $50,001–$100,000 on June 24. - Strategy: Sold Strategy stock worth $1,001–$15,000 on June 23 and $15,001–$50,000 on June 24. - Robinhood: Bought Robinhood stock worth $1,001–$15,000 on June 3.

22 minutes ago

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The five-day run in spot crypto ETF flows is becoming harder to dismiss as a one-off asset rotation. Spot Bitcoin ETFs pulled in $307 million in net inflows on August 21, while spot Ethereum ETFs added $185 million, according to the original report from WuBlockchain. Both product categories have now posted five consecutive sessions of positive net flows.

That symmetry matters. Bitcoin products usually lead flow cycles, but Ethereum ETFs often lag or leak assets during risk-off stretches. A multi-day streak across both asset classes suggests the buying is not limited to a single narrative, such as a flight to bitcoin quality.

The Flow Pattern Is More Important Than the Day Count A $307 million daily inflow is not historically extreme, but consistency carries different information than size. Five straight days implies investors are re-entering exposure through regulated wrappers rather than waiting for spot exchanges to show stronger momentum. The structure matters because ETF inflows are booked through broker-dealers, custodians, and authorized participants, adding a layer of institutional plumbing that spot market volume does not capture.

August is also a month when many institutional desks run lighter staffing, so flows of this size during a seasonally quiet stretch stand out. If demand holds through the final full week of the month, it could force short-term traders to reassess downside positioning.

AUTHOR

Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.

Goldman Sachs: AI trading sees July-style deleveraging resurface, storage and data center sectors most attractive

Goldman Sachs views this week’s market moves as a classic deleveraging-driven selloff, with underlying logic similar to the July rout. Its high-beta momentum portfolio fell 12% this week, while the AI hedge portfolio dropped 10% over five days. While leverage in the AI sector has pulled back from extreme highs, inertial capital is still driving rapid, indiscriminate dip-buying. Goldman notes that AI trading is not over, but the phase of generating excess returns via broad sector rallies is shifting; investors should now focus on opportunities where stock prices diverge significantly from earnings per share. Among these, the valuation gap in the storage and data center sectors is most pronounced, as earnings recovery has not yet been fully priced in, making them the most tactically attractive. Nvidia’s Q2 earnings report and its September industry conference will serve as upcoming catalysts. Meanwhile, momentum factors are rebalancing: software has replaced semiconductors as the largest weight in the three-month momentum long portfolio, while semiconductors and AI-linked names have shifted to short portfolios. Goldman adds that capital is also flowing into previously overlooked sectors such as European and Japanese banks, gold miners, and copper stocks.

17 minutes ago

Altcoins see widespread pullback, TAC drops over 40% in 24 hours.

According to HTX market data, as Bitcoin fell below $77,000, the cryptocurrency market has entered a pullback, with altcoins generally facing selling pressure and declining. Specifically: TAC is currently priced at $0.001672, down 40.86% in 24 hours; FHE trades at $0.01978, down 30.03% over 24 hours; SQD stands at $0.03, down 29.01% in 24 hours; PTB is priced at $0.0007364, down 27.11% in 24 hours; INX is at $0.006619, down 26.43% over 24 hours; BASED trades at $0.07328, down 25.35% in 24 hours; SWARMS is priced at $0.007254, down 24.80% in 24 hours; BEAT is at $0.1342, down 24.18% over 24 hours.

17 minutes ago

Grayscale: Bitcoin’s current price may offer favorable entry points for long-term investors.

Grayscale Research Head Zach Pandl wrote in a post that while he generally advises investors against trying to time the market, judging from three aspects—structural adoption trends, market cycles, and macro risks—the current Bitcoin price may offer a favorable entry point for investors with a long-term investment horizon. Grayscale noted that sustained growth in government debt, expanding applications of blockchain technology in financial services, and generational shifts in portfolio construction all indicate Bitcoin’s long-term adoption trend remains solid. The current Bitcoin bear market has lasted roughly 10 months, while previous bear markets typically ran 11 to 12 months, suggesting the market may be in the late stage of a bear cycle. The macro environment remains a key source of uncertainty: if the Federal Reserve raises interest rates soon, Bitcoin could fall further; if it holds rates steady, the market may have already hit bottom. Grayscale added that structural adoption, cycle positioning, and overall macro outlook are currently relatively favorable, though future performance remains uncertain.

17 minutes ago

Rumors that Donald Trump will launch a new cryptocurrency: Trump bought Robinhood stocks in June, and his son denied the cryptocurrency launch.

Recently, rumors have emerged in the crypto market that US President Donald Trump is "about to officially launch a new token". The rumors claimed that a newly created Robinhood Chain wallet received 290 ETH and interacted with a "Truth Coin" contract, but no wallet address, controller proof, official contract, or project announcement was provided. Eric Trump, Donald Trump’s second son, subsequently explicitly denied the rumors, stating: "This is a total joke, the news is completely false. No one is going to launch any type of token, and anyone who suggests otherwise is committing fraud." As of now, neither the Trump family nor Robinhood has announced the launch of any related token. Notably, a filing from the US Office of Government Ethics shows that Trump’s investment portfolio purchased Robinhood (HOOD) stocks worth between $1,001 and $15,000 on June 3. HOOD closed at $82.85 on that day, and stood at $108.13 on August 21, representing an approximate 30.5% increase in the period. If the entire position is still held and calculated based on the approximate closing price of that day, the unrealized profit would be roughly $305 to $4,577, though the actual transaction price and subsequent holdings have not been disclosed.

17 minutes ago

Predict.fun has launched its market for the Dota 2 loser's bracket final, with additional markets set to open during the grand final phase.

According to official announcements, Predict.fun’s Dota 2 prediction event The Predict International has launched markets for the loser’s bracket final. As the tournament enters its final phase, the platform will roll out additional prediction markets for the grand finals, with higher overall AP rewards per market. Given the short interval between the loser’s bracket final and the grand finals, users may have only a limited window to complete predictions and lock in their shares once the grand finals markets go live. Those planning to join the final round should closely monitor the event page. The total rewards for The Predict International amount to 100,000 USDT and 5,000,000 Predict Points.

17 minutes ago

Crypto market maker Wintermute has transferred $57 million worth of Bitcoin (BTC) and Solana (SOL) to centralized exchanges (CEXs), sparking speculation that the firm is selling the assets.

According to Onchain Lens monitoring, crypto market maker Wintermute transferred 129,500 SOL tokens to Binance, valued at roughly $12.42 million. The firm also moved 169.5 BTC worth approximately $13.11 million, a transaction suspected to be for sale. Separately, 407.47 BTC were transferred through an intermediate wallet before being deposited into Coinbase, with a total value of around $31.36 million.

17 minutes ago

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Donald Trump’s June crypto-related stock trades revealed: he reduced his holdings in Coinbase and Strategy, and purchased Robinhood.

U.S. Office of Government Ethics (OGE) financial disclosures released Saturday show that Trump made over 1,000 securities trades in June, with total trading value ranging from $78.1 million to $263.1 million. Crypto-related trades involved Coinbase, Strategy, and Robinhood. Overall, crypto-linked stock trades were relatively small in scale, accounting for a low share of his total June securities trading volume. - Coinbase: Sold Coinbase stock worth $15,001–$50,000 on June 12, $100,001–$250,000 on June 18, and $1,001–$15,000 on June 23; bought Coinbase stock worth $50,001–$100,000 on June 24. - Strategy: Sold Strategy stock worth $1,001–$15,000 on June 23 and $15,001–$50,000 on June 24. - Robinhood: Bought Robinhood stock worth $1,001–$15,000 on June 3.

29 minutes ago

Well-known trader: Bitcoin has formed its bottom, with the next key resistance level at $80,000 to $83,000.

Prominent crypto trader Killa posted that Bitcoin has formed its bottom, with its price having reclaimed the cost basis of short-term holders. Previously, when Bitcoin was trading at $65,000, he stated: "Once it reclaims $67,400, trades in the mid-$75,000 range, and holds above the short-term holder cost basis, a bottom will have formed." However, Killa noted that before Bitcoin can target a rise to $90,000, it first needs to break through the $80,000 to $83,000 range.

29 minutes ago

F2Pool co-founder Wang Chun may reduce his holdings of 12,765 ETH to lower leverage.

According to on-chain analyst Yu Jin’s monitoring, the address of F2Pool co-founder Wang Chun may have sold some ETH during the three-day rally to lower leverage. The address first transferred 12,765 ETH (valued at around $28.73 million) to Binance, then withdrew 87.68 million USDC to repay its loan on Spark. Currently, the address still holds approximately 65,000 ETH (worth about $159 million) and 1,000 WBTC (valued at roughly $77.18 million) on-chain.

29 minutes ago

Morgan Stanley Survey: Wall Street Interns Show Enthusiasm for Market Prediction and AI, With 68% Using AI Tools Daily.

Morgan Stanley’s stock research team conducted an annual survey of over 500 North American summer interns, with most respondents aged 21 or younger. More than a quarter of the interns reported using prediction market apps over the past year, with Kalshi and Polymarket being the most common choices; 55% of these users simultaneously used multiple betting applications. Prediction markets in the U.S. are facing increased scrutiny, with several states having taken legal or regulatory measures against related platforms. Morgan Stanley’s employee code of conduct covers trading and investment matters, including prediction markets, though insiders did not disclose further details. A separate national survey found that 21% of U.S. adult respondents have used prediction market platforms, rising to 37% among 18-to-34-year-olds. On the AI front, 68% of interns use AI tools daily, up from 35% last year and 14% in 2024; around 70% pay for paid AI tools out of pocket, an increase from 52% last summer. Meanwhile, 61% of respondents worry AI will replace finance jobs, and 74% fear job displacement in other industries. Over 60% expressed interest in using humanoid robots at home, with 10% saying they might become early adopters.

29 minutes ago

A certain crypto address that lay dormant for 8 months has built a $5 million position in ETH.

According to on-chain analyst Ai Yi (@ai_9684xtpa), wallet address 0xc71…30F02 has reactivated after 8 months of dormancy, building a $5 million ETH position. The address bought 2,447.49 ETH in a single transaction via Tokenlon 40 minutes ago, spending 5.044 million USDT at an average cost of $2,447.49 per ETH. It had previously taken profits on ETH at $3,016 nine months ago.

29 minutes ago

U.S. spot Bitcoin and Ethereum ETFs posted a combined net inflow of $2.6 billion this week, marking the highest level since October 2025.

U.S. spot Bitcoin and Ethereum ETFs saw a combined net inflow of $2.6 billion this week, marking the highest level since October 2025. Of that total, spot Bitcoin ETFs pulled in $1.9 billion, while spot Ethereum ETFs took in $697.2 million. Both products recorded their largest weekly net inflows since 2026. This reversed the combined net outflow of $392 million from the prior week, representing a weekly fund swing of roughly $3 billion. Combined trading volume for the two ETFs rose to $29 billion, more than tripling from the previous week. Spot Bitcoin ETFs’ weekly trading volume surged from $6.9 billion to $22.1 billion, a jump of over 219%, while their combined net asset value (NAV) increased from $76.6 billion to $96.1 billion. The cumulative net inflow into spot Bitcoin ETFs since their launch has hit $53.7 billion. For its part, spot Ethereum ETFs notched their largest weekly net inflow since the week of October 3, 2025.

29 minutes ago

Bitcoin’s weekly gains hit 25%, and it nearly cleared the $80K mark after $4B in short liquidations and a macro-driven regime shift. The rally reclaimed the key 200-day Moving Average (currently at $69K), and the short-term holder (STH) realized cost basis of $68K. 

From a price technical perspective, reclaiming these key levels meant the short and midterm structure for BTC has flipped bullish. But the question remains: Does it mean the bear market is behind us? 

Source: BTC/USDT, TradingView  Bitcoin rally: A dead-cat bounce or start of a bull run? For his part, Jake Ostrovskis, Head of OTC (over-the-counter) trading at market maker Wintermute, acknowledged that this week can’t be faded. 

However, he added that there was no “full participation” to signal a true trend reversal and regime shift as claimed by others. 

But zoom out and positioning doesn’t yet show full participation: OI well below YTD highs, let alone ’25/4, basis still sub-5%, skew only just flipped positive, wings still cheap. Hard to argue positioning is ‘stretched’ here in a new regime.

Source: Velo Basis yield is the spread hedge funds lock in if they buy a U.S Spot BTC ETF and sell an equivalent BTC futures contract over CME. During the bull run in 2024, the yield averaged 10%. It collapsed after the October crash and has been flat around 5%. 

For Wintermute’s Ostrovskis, this meant the institutional participation seen in the past was yet to join the recent bounce. According to him, this signals caution, not a full bullish regime shift. 

Surprisingly, Jason Calanis, founder of All In Podcast and serial internet entrepreneur, called the rally a “dead-cat bounce.” In most cases, dead-cat bounces are fake breakouts that end up being reversed. 

In fact, others expected BTC to reverse and retest $70K-$72K ahead of next week’s Jackson Hole meeting for central banks. 

For their part, Galaxy Research analysts said the end of the BTC bear market could be confirmed if $82K is reclaimed, citing the 50-week Moving Average (MA). 

11 of 13 times BTCUSD reclaimed the 50W MA during completed bear markets, the bear-market low was in. If BTCUSD reclaims it on weekly close, history suggests the bear market would likely be over.

Source: Galaxy Research What’s next for BTC? That said, AMBCrypto established that BTC 25 Delta Skew fell to zero across 1-week and 1-month tenors, suggesting less demand for put options (downside protection). In other words, the year-long market fear and overhang have faded significantly this week. 

Source: Velo It remains to be seen whether the Jackson Hole event will reinforce the positive risk-on sentiment and fuel the BTC rally. 

Final Summary BTC has rallied +25% this week and reclaimed the key 200-day Moving Average and STH cost basis  The bear market could be over if BTC reclaims $82K, according to Galaxy Research

4 hours ago

Grayscale stated in a post that this week could mark a turning point for Bitcoin. Historical data shows Bitcoin typically bottoms after falling roughly 80% from its cycle peak. During the most recent bear market, Bitcoin has dropped around 50% from its cycle high to date, a smaller decline than in all prior cycles. The market has long debated whether Bitcoin would see a new downturn in the fourth quarter of 2026. While risks persist in the market, this week’s rally may signal that Bitcoin has formed a more solid bottom.

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In brief In an interview with Decrypt, Bitcoin Red Team member Calle said Chinese AI models are used far more than U.S. models for security research because American models often block cybersecurity-related requests. The group has proactively scanned much of Bitcoin's significant open-source ecosystem and works directly with projects to identify and fix vulnerabilities. Calle warned that AI allows people without advanced security expertise to carry out exploits from beginning to end. AI is putting powerful hacking capabilities in the hands of people with little cybersecurity expertise, forcing crypto developers into a race to find vulnerabilities before attackers exploit them.

One group taking on that challenge is the Bitcoin Red Team, whose pseudonymous member and Bitcoin software developer Calle said formed as an emergency effort to find AI-assisted security threats across the Bitcoin ecosystem.

Myriad: Bitcoin price next move? Click to make your prediction."At this point, it is a question about time,” Calle, who helps maintain the open-source protocol Cashu, told Decrypt. “The reason why the Bitcoin Red Team exists right now is because we need to get ahead of the attackers as fast as possible.”

The Bitcoin Red Team consists of about 20 to 25 volunteers, according to Calle, many of whom prefer to remain pseudonymous, such as Bitcoin privacy protocol developers Stu, Talip, and fellow Cashu dev thesimplekid. Others in the group include Bitcoin developers Ben Carmen, Daniela Brozzoni, and James O'Beirne, and Vinteum Bitcoin R&D Center board member Bruno Garcia.

Bitcoin Red Team Update:

We have been working around the clock, with ~$20,000 of spend up to this point across different services. Funding is secured, I appreciate all the gestures for donations but it is not necessary. The bill is taken care of.

We have done over a dozen…

— Rob Hamilton 🟥 (@Rob1Ham) August 4, 2026

Calle said the Bitcoin Red Team began taking shape after CEO of Bitcoin Insurance firm AnchorWatch Rob Hamilton started examining Bitcoin projects following the Coldcard air-gapped wallet hack.

While Calle stressed that the group has found no issues in the Bitcoin protocol itself, the concern he said instead lies with applications, wallets, services, and other software built around Bitcoin.

"Although Bitcoin itself is secure, the software that we're using to transact with Bitcoin may not be, and that is what most people interface with anyway," Calle said.

The Coldcard exploit, attacks on other Bitcoin services, and the release of more powerful Chinese AI models pushed Calle and other security researchers to join the effort and move quickly.

"I think the arrival of Kimi K3 has also caused a lot of chaos in the cybersecurity realm because it gave attackers as well as defenders unprecedented power," he said.

As Calle explained, the Red Team receives requests from Bitcoin projects seeking security scans but also searches for vulnerabilities on its own.

"We get a bunch of inbound requests from projects that want to be scanned, but we act proactively, and we've covered almost the entire significant open-source ecosystem by our own sweeps already," Calle said. "So even if you come and ask us to scan your project, we've probably scanned it already."

The group shares its findings with affected developers and uses their feedback to improve its vulnerability classifications and severity ratings.

Chinese models fill the gap

Chinese AI models are used far more than their U.S. counterparts for the group's security work because guardrails on American models can block cybersecurity research, Calle said.

“It's not even close," he said.

In February, Anthropic accused Chinese AI labs DeepSeek, Moonshot AI, and MiniMax of using roughly 24,000 fraudulent accounts to extract more than 16 million Claude exchanges through model distillation, while the Trump administration warned in April that Chinese entities were conducting similar campaigns on an “industrial scale.”

Myriad: When will OpenAI release GPT-6? Click to make your prediction.While Calle said U.S. frontier models remain arguably more capable overall, their restrictions can limit their usefulness for security-sensitive work.

"Although U.S.-based frontier models are still arguably more intelligent than any other models out there in the world, they all come with heavy guardrailing, which limits their use, especially in the cybersecurity realm," he said.

Calle encountered those restrictions before joining the Red Team. He said U.S. models sometimes refused to help find vulnerabilities and, in some cases, would not assist with fixing vulnerabilities that developers had already identified, leading him to switch to Chinese AI models.

'Bitcoin is burning'

Earlier this month, Calle described the growing security threat facing Bitcoin software as "Bitcoin is burning," referring to the wider ecosystem of wallets, exchanges, Lightning implementations and other software built around it.

Calle believes attackers are already using AI to find and exploit vulnerabilities, but avoids discussing their methods in detail out of concern that doing so could give malicious hackers ideas.

He also warned that AI is eroding the information advantage that once kept some software vulnerabilities out of reach of less-skilled attackers.

"I think that there are no secrets anymore in software," Calle said. "There is no information asymmetry that was previously being used to kind of create security theater or security through obscurity. Those times are over."

AI has also lowered the technical barrier to exploiting vulnerable software, he said.

"Simple exploits can now be completed end to end by someone who doesn't know how to do it without AI," Calle said. "So AI gave people a form of power that has completely changed the playing field."

Bitcoin may be confronting that shift earlier than other industries because attackers have a direct financial incentive to target cryptocurrency, Calle said.

"The first thing that, as an attacker, you would want to attack is internet money," he said. "So we are the beginning of a larger change in society or in computer systems in general, and I'm convinced that other industries will experience the same thing as we do right now later."

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Bitcoin Price Analysis: BTC’s 25% Rally Faces Its First Serious Threat

Coldcard Firmware 5.6.1 Forces User Entropy Into Every New Seed After $100M Exploit

Caitlin Long, Founder and CEO of Custodia Bank, reviewed the four-year cycle and recent developments in the Bitcoin price.

Following the sudden and sharp rise in the cryptocurrency markets, Caitlin Long, Founder and CEO of Custodia Bank and a leading figure in the market, assessed the recent activity in Bitcoin and the general financial markets. Long stated that a macroeconomic reason and the actions of the US Treasury Department were behind the sharp jump in the market.

Caitlin Long, commenting on the US Treasury Department’s announcement that it will more than double its long-term bond (30-year Treasury bond) repurchases, described this as a form of “yield curve control.”

Long stated that this move directly triggered a sharp movement in interest rates and put pressure on the US dollar, weakening it. He added that a weaker dollar generally supports risk assets. This situation triggered a sharp upward movement in leading crypto assets such as Bitcoin and Ethereum.

Responding to the question “Has the 4-year cycle ended?”, which has been frequently debated in the market recently, Long argued that the charts and fundamental data indicate that the cycle is still ongoing. He stated that the basic dynamics of the mining economy have not changed; it is a natural part of the cycle for miners to lose profitability due to high electricity and computing costs and withdraw from the market.

Long, who refrained from making price predictions, stated that based on past experience, Bitcoin appears cheap at current levels.

*This is not investment advice.

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Bitcoin and XRP may be part of President Donald Trump’s broader crypto plans, but Vice President JD Vance is not backing them as a direct way to reduce the U.S. debt. 

With national debt now above $40 trillion, Vance pointed to economic growth, foreign investment, and Treasury Secretary Scott Bessent’s plan instead.

Vance Reveals Trump’s Economic StrategyDuring a Newsmax interview, host Carl Higbie asked JD Vance,

“President Trump was talking about a crypto reserve with Bitcoin and XRP and a few other things. Is there anything on the horizon to start offsetting this?”

In response, Vance noticeably avoided backing crypto as the direct solution, pivoting instead to Treasury Secretary Scott Bessent’s traditional economic growth model, which aims to make the U.S. economy grow faster than its debt.

Vance said Bessent has a “very discreet plan,” of course, supported by the president of the United States, to get the United States to a point where our economy is growing faster than our debt. And if you look, we are on track.”

The focus is also shifting toward traditional capital. 

Vance said nearly $19 trillion in foreign investment is expected to enter the U.S. over the next decade, which could expand the tax base and support the Treasury market.

Sovereign Wealth Fund Could Still Include BitcoinVance also points out Trump’s interest in creating a U.S. sovereign wealth fund. While Bitcoin could potentially become part of a wider asset mix, the fund would focus more broadly on domestic equities, energy and other strategic assets.

That makes crypto look more like a possible supporting asset than a direct tool for paying down the debt.

Trump also addressed the reserve question at the White House gathering, saying a Bitcoin reserve “has been talked about” and that it had “taken a lot of pressure off the dollar.” 

However, he pointed to SEC Chairman Paul Atkins and CFTC Chairman Michael Selig for the final structural decisions.

CLARITY Act Takes Priority Over Crypto ReserveThe administration’s immediate crypto focus also appears to be regulation. Vance has backed the CLARITY Act, calling it “very important” for the U.S. technology sector.

The bill aims to establish clearer rules for digital assets and blockchain projects, potentially giving companies more certainty to build in the U.S.

Story Ends Here

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XRP landed a double golden cross on its Bitcoin chart following a ferocious rally this week as several catalysts sent crypto assets higher. The golden cross signals were completed on XRP/BTC short-term timeframes, highlighting the recent positive momentum.

The 50 moving average (MA) rose above the 200 MA in a crossover on the 3-hour chart, completing a golden cross. The same scenario was seen on the 2-hour chart, with the 50 MA rising above the 200 MA as XRP gained ground against Bitcoin.

XRP/BTC 3-Hour Chart, Courtesy: TradingViewXRP exploded higher on its Bitcoin chart, posting four straight days of sharp increases. Saturday saw the largest spike to a six-month high, but this quickly retreated.

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The recent rally against Bitcoin took XRP above key barriers that have limited its price since January, notably the daily MA 50 and 200 on the XRP/BTC chart; a continuation of this positive momentum is now being watched, with the potential of XRP reaching $2 in its USD pairing.

XRP/USD potential target hints at $2XRP rallied ferociously this week, marking three straight days of sharp increases on the USD chart. The rally began on Wednesday following the Treasury's intervention in the bond market, easing pressure on risk assets.

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That helped trigger a broader move into crypto, which was later amplified by a massive short squeeze. Investor sentiment improved further on Thursday, largely due to a last-ditch push from the White House and crypto industry leaders to get the Clarity Act across the finish line in the coming weeks.

XRP spot ETFs recorded a record day this week following the busiest on-chain trading day quarter-to-date, per analysis of data from SoSoValue.

In a recent development, Ripple is backing a new institutional credit fund that will lend RLUSD stablecoin to fintech and payments companies on the XRP Ledger, alongside lending platform Clearpool and credit manager Cicada Partners.

Saturday saw XRP stage one of its sharpest single-day rallies of the summer, with the price rising nearly 27% from $1.34 to $1.699, but this retreated.

At the time of writing, XRP had eased its gains, up 4.45% in the last 24 hours to $1.43 and up 45% weekly. A decisive break above the $1.7 level reached early Saturday will target $2 next. 

The crypto market just suffered its biggest flash crash since October 2025, wiping out $108 billion in just six minutes. The total market value fell from $2.68 trillion to $2.55 trillion as selling pressure increased. More than $1.71 billion in crypto positions were liquidated, hitting Bitcoin, Ethereum, and altcoins the hardest.

Crypto Rally Halt Turned Into $1.7B LiquidationsAccording to CoinGlass, 281,846 traders were liquidated in the past 24 hours, causing around $1.71 billion in total losses. Most of the damage came from long positions, with $574 million wiped out in just four hours as Bitcoin and other cryptocurrencies dropped sharply.

The liquidation wave also hit crypto derivatives markets hard. Open interest across cryptocurrencies fell by $3.34 billion, or 5.18%, in a short period, leaving total open interest at around $55.60 billion.

The sharp decline shows how quickly leverage was removed from the market.

Over the past four days, more than $4.5 billion in long positions have been liquidated across crypto, making it the seventh largest liquidation event in crypto history.

Bitcoin, ETH and XRP See Sharp DropsAt first, Bitcoin’s rally from $63,600 to $79,500 triggered around $2.7 billion in short liquidations. However, the trend reversed on August 22, putting heavily leveraged long positions under pressure.

Bitcoin fell to around $76,500 within six minutes, while long positions worth about $257.77 million were liquidated.

Ethereum also faced heavy selling, recording around $293.34 million in liquidations as its price dropped to about $2,426.

XRP saw the sharpest price decline among the three, falling about 12% from $1.70 to $1.51. The move led to around $121.71 million in XRP liquidations.

Altcoins Lose $53 Billion in MinutesIt’s not just Bitcoin or Ethereum, altcoins also saw massive liquidations. The TOTAL3 market cap, which tracks crypto excluding Bitcoin and Ethereum, fell from $784 billion to $731 billion in a single candle.

That means around $53 billion was wiped out in just minutes, a decline of about 6.7%. Bitcoin, meanwhile, fell roughly 2.5% during the same move.

$70,500 Becomes Bitcoin’s Key SupportDespite the recent drop, crypto analyst The Martini Guy believes Bitcoin’s overall uptrend is still intact. He pointed to $70,500 as the key support level after BTC moved from weeks of trading near $65,000 to breaking above $67,200 and then $70,500.

Bitcoin has pulled back slightly after breaking through $78K, but the bigger picture remains very strong.

We spent weeks trading between $63K and $65K.

Then $67.2K broke.

Then $70.5K broke.

Now we're sitting around $77.5K.

The level I'm watching most closely now is $70,500.… pic.twitter.com/169FraFB2Q

— That Martini Guy ₿ (@MartiniGuyYT) August 22, 2026 Bitcoin’s recent high near $78,800 is now the main resistance level. If BTC stays above $70,500, the analyst believes the broader recovery could continue despite the recent market liquidations. 

However, losing this support could weaken the current bullish setup and increase the risk of another decline.

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“Squad” member Rep. Rashida Tlaib has voted against major crypto legislation in Congress but doesn’t mind holding digital currencies Bitcoin and Ethereum in her $1.2 million retirement account, according to her latest financial disclosure.

The Michigan Democrat’s Charles Schwab retirement account includes up to $15,000 in the Grayscale Ethereum Staking Mini ETF and another $15,000 in an iShares Bitcoin ETF — among 41 separate holdings, the disclosure filed this month showed.

The Democratic Socialists of America member’s ownership stake comes as digital currencies are preparing to get a legislative push this fall — and despite Tlaib voting against the pro-crypto CLARITY Act along with her vote for a resolution to ban “crypto corruption.”

Rep. Rashida Tlaib, D-Mich., has holdings in Bitcoin and Ethereum, her latest financial disclosure reveals. ZUMAPRESS.com Digital assets rallied this week with Bitcoin jumping to $71,000 as President Trump pushed for Senate action on the Digital Asset Market Clarity Act, which brings crypto under commodities regulations.

The Senate is set to vote on it in September when lawmakers come back from recess.

Even if the push stalls, Commodity Futures Trading Commission Chair Michael Selig said Thursday his agency is ready to “codify” a regulated market structure for crypto “using the agency’s existing authorities.”

Tlaib’s holdings are piled in a traditional IRA, a Roth IRA, and a pair of college savings accounts — as lawmakers must disclose assets only in broad ranges.

Representative Rashida Tlaib, a Democrat from Michigan, is a member of the left wing “squad” who recently campaigned with Florida nominee for Senate Angie Nixon. Bloomberg via Getty Images Tlaib, who stumped Florida Senate primary winner and DSA convert Angie Nixon at a “Chomp the Oligarchy” event his month, also holds mortgages of up to $750,000 and a Detroit rental property worth up to $250,000.

Her other investments include international funds focused on Europe and Asia, international bond funds and a fund designed to hedge against exposure to the US dollar.

Tlaib did not return a request for comment.

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