by Michael
Key TakeawaysBitcoin surged 14% over four days to a session high of $72,850, lifting its market cap to $1.45 trillion.Pro-crypto White House meetings and Treasury policy shifts sparked $1.59 billion in short bets liquidated.Market strategists expect Scott Bessent’s... 
by Michael
Key TakeawaysSelig ordered CFTC staff on Aug. 20 to prepare backup crypto market rules.CFTC rules could give exchanges a new path if the 2026 Clarity Act stalls.Senate action could return in September, with the Clarity Act needing 60 votes. Speaking Thursday at the... 
by Michael
Key TakeawaysDefillama shows decentralized finance TVL jumping 9.15% to $83.216B on Aug. 20.DEX platform volume hit $10.886B, its first move above $10B since June 5.The perp DEX Hyperliquid captured roughly 45% of perp DEX volume with $15.205B in 24 hours. Defillama... 
by Michael
Key TakeawaysBlackrock led $517.19M into bitcoin exchange-traded funds (ETFs), the strongest daily inflow since May 4.Bitcoin topped $70,000 as ether added $189.15M, broadening institutional risk-on demand.HYPE lost $1.97M despite Trump’s remarks; U.S. compliance... 
by Michael
Key TakeawaysTreasury doubled bond buybacks to $4B, triggering a bitcoin rally from under $65K to over $71K.Peter Schiff dismissed bitcoin’s surge as a “fakeout,” urging investors to sell crypto and buy gold instead.Schiff warned buybacks won’t stop rising yields,... Translate »
