by Michael
Key TakeawaysBitcoin fell to $62,236 on July 31, reducing its market capitalization to $1.26 trillion.Altcoins tracked the slide as total market cap fell to $2.22 trillion by Aug. 2, though ADA surged 15.3%.Passage of the CLARITY Act before the U.S. Senate recess... 
by Michael
Key TakeawaysTrump said Aug. 2 a Hormuz deal emerged, but Iran denied any agreement.Oil markets stayed volatile as IRGC restrictions kept Hormuz uncertainty alive on Aug. 2.Bitcoin holds steady at $62.5K to $63.1K as traders await verified Hormuz reopening and next... 
by Michael
Key TakeawaysCoinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention.Users slammed the firm for storing email data despite past claims of erasing buyer info after 90 days.Coinkite defended holding emails for account logins, but... 
by Michael
Key TakeawaysStablecoin supply dropped $15 billion since May, the largest fall since Terra’s 2022 collapse.Tether’s USDT and Circle’s USDC accounted for most of the $15 billion decline in July 2026.Tokenized Treasuries neared $17 billion as GENIUS Act rules pushed... 
by Michael
Key TakeawaysSaylor’s Sunday post fueled expectations of a Monday bitcoin buy announcement.Strategy’s ledger shows 3,588 BTC sold across two recent transactions.The company holds 843,775 BTC acquired for nearly $63.69 billion. Saylor’s ‘Bitcoin Drive’ Post Revives Buy... 
by Michael
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment... 
by Michael
Key TakeawaysBessent demanded a CLARITY vote as Satoshi’s quote turned 16, keeping crypto rules in focus.CME Group targets the $650B sports market with futures, expanding prediction-style trading.Aave will exit 6 chains covering $98.1M, while Russia pressures Gram and... 
by Michael
Key TakeawaysA Trezor-impersonation scam drained $282 million after a victim shared their seed phrase earlier this year.A full 12-word BIP39 phrase carries about 128 bits of entropy, effectively impossible to brute force.Chainalysis estimates up to 23% of all mined... 
by Michael
Key TakeawaysRussia banned crypto mining in Moscow and the Moscow region from August 15, 2026, to December 31, 2032.The ban addresses severe local power grid strain, targeting 65 data centers running on a 734 MW capacity.This follows similar restrictions in regions... 
by Michael
Key TakeawaysBrazil’s crypto purchases surged 135% to $14.68 billion in H1 2026, driven largely by stablecoin demand.Argentine banking groups are using subsidiaries to build peso-pegged stablecoins for institutional clients.The IMF urged Brazil to tighten its crypto... 
by Michael
Key TakeawaysNew York AG warns the CLARITY Act could limit state fraud enforcement.FBI reports $11 billion in crypto losses as Letitia James calls for tougher rules.Proposal calls for stronger AML, KYC, and platform accountability. James Warns Federal Bill Could... 
by Michael
Key TakeawaysFake IRS letters direct crypto holders toward a fraudulent portal.QR codes lead victims to websites built to resemble IRS.gov.Criminals seek wallet details, exchange logins, and personal data. Counterfeit Letters Exploit Growing Crypto Tax Anxiety The... Translate »
