Author: John Smith

Michael Saylor renewed his case for Bitcoin on Aug. 23, describing the asset as a mechanism for converting economic value into a digital form that individuals, companies and governments can control. Summary Michael Saylor described Bitcoin as digital economic energy that entities can securely control and preserve. Strategy reported holding 840,447 Bitcoin, representing roughly 4% of Bitcoin’s fixed 21-million maximum supply worldwide. Strategy’s preferred shares are conventional securities, not blockchain tokens collateralized directly by specific Bitcoin holdings. At $77,175 Bitcoin prices, Strategy’s holdings exceeded aggregate acquisition cost by approximately $1.5 billion on Sunday. Strategy held $4.80B cash reserve after raising…

Coinbase CEO Brian Armstrong urged senators to support the CLARITY Act during an Aug. 20 interview, arguing that permanent legislation could protect crypto users and limit regulatory overreach by future administrations. Summary Senate records schedule the CLARITY Act cloture motion for September 15 at 2:15 p.m. Eastern. Armstrong said statutory crypto rules would protect consumers while limiting future government regulatory overreach risks. The House passed H.R. 3633 by 294-134 before Senate Banking advanced it 15-9 in May. Sixty Senate votes are required for cloture, leaving Republicans dependent on support from several Democrats. September 16 agency action remains Armstrong’s stated alternative,…

An unidentified Bitcoin user embedded a 255-byte message in block 963,629 on Aug. 22, announcing a wallet puzzle whose private-key material was allegedly derived from Satoshi Nakamoto’s Genesis Block. Summary Bitcoin block 963,629 contains a 255-byte message describing a deliberately low-entropy Genesis Block wallet security puzzle. The 500-byte transaction paid 250 satoshis in fees, equivalent to 0.60 satoshis per virtual byte. Anonymous creator claims all inputs needed to reconstruct the wallet exist inside Bitcoin’s Genesis Block. Galaxy Research identified the transaction, but neither the author’s identity nor derivation method is verified. No verified evidence currently shows the puzzle was solved…

The relative strength index is one of the most widely used momentum oscillators in crypto trading, but most traders misread what it actually measures. This guide breaks down the RSI formula, explains how overbought and oversold signals work in practice, and covers the mistakes that turn a useful indicator into a losing strategy. Summary RSI is a momentum oscillator that measures the speed and magnitude of recent price changes on a scale of 0 to 100, with readings above 70 considered overbought and below 30 considered oversold. The standard RSI calculation uses 14 periods and compares average gains to average…

MACD is one of the most widely used momentum indicators in crypto trading, but most traders never move past the basic crossover signal. This guide breaks down what the moving average convergence divergence indicator actually measures, how to read each of its three components, and where it tends to fail in volatile crypto markets. Summary MACD measures the relationship between two exponential moving averages and produces three components: the MACD line, the signal line, and the histogram. Crossover signals can identify momentum shifts, but they lag behind price action and produce frequent false signals in choppy crypto markets. Divergence between…

Richard Wyckoff published his market framework before the Great Depression, yet his distribution schematic remains one of the most referenced tools in crypto trading circles. This article breaks down how the method works, where it has appeared in Bitcoin price history, and what it actually tells traders about supply and demand. Summary Richard Wyckoff developed his market cycle theory in the early 1900s, dividing price action into four phases: accumulation, markup, distribution, and markdown. The distribution phase contains specific sub-events, including the buying climax, automatic reaction, secondary test, sign of weakness, and last point of supply, each signaling a gradual…

U.S.-listed spot Bitcoin and Ether ETFs have attracted $2.61 billion across five trading sessions, recording their strongest combined week since October 2025. Summary Spot Bitcoin ETFs received $1.92 billion, accounting for 73% of the combined inflows. Ether ETFs attracted $697.47 million after posting gains during all five sessions. Combined flows improved by $3.01 billion from the previous week’s $391.96 million outflow. BlackRock’s IBIT and ETHA led their respective categories on Aug. 21. Bitcoin ETF inflows reach $1.92 billion SoSoValue data showed that U.S. spot Bitcoin ETFs recorded $307 million in net inflows on Aug. 21, extending their run of positive…

South Korea’s Financial Supervisory Service has deployed a real-time AI system that scans trading data, news and online content to flag suspected crypto price manipulation. Summary Generative AI and machine learning will screen trades, news, exchange notices, and online discussions. The platform targets rapid price manipulation, wash trading, collusive activity, and false promotional claims. Human investigators will review AI-generated reports before opening a detailed analysis or formal investigation. Future updates will add cross-exchange fund-flow analysis and on-chain transaction tracking. AI crypto surveillance screens price and volume spikes The Financial Supervisory Service said in its Aug. 20 announcement that the platform…

In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY Act, and the SEC proposed new crypto offering exemptions covering raises of up to $75 million. Summary Bitcoin crossed $72,000 as more than $3 billion in leveraged positions were liquidated. Trump urged Congress to pass a “fair” CLARITY Act during a White House event. The SEC proposed crypto offering exemptions covering up to $75 million in annual fundraising. Citi plans to launch institutional Bitcoin custody through its Custody+…

The Sandbox has contained a cross-chain bridge vulnerability that allowed an attacker to mint unbacked SAND on Base and BNB Smart Chain, with the project estimating the direct impact at less than 0.01% of the token’s 3 billion supply. Summary The attacker minted unbacked SAND on Base and BNB Smart Chain through compromised bridge permissions. The Sandbox disabled transfers involving both networks while keeping Ethereum and Polygon SAND unaffected. Upbit and Bithumb halted SAND deposits and withdrawals after detecting a possible security incident. On-chain researchers estimated that about 14.75 million Ethereum-backed SAND left the bridge adapter. The Sandbox plans to…