Daily Crypto News

Bitcoin is holding around $84,000 despite a difficult macro backdrop, with the 10-year Treasury yield around 5.2%, oil above $100 and markets pricing additional Fed tightening. Spot Bitcoin ETFs nevertheless recorded another roughly $190.7 million in net inflows, extending their positive streak to six days and approximately $2.84 billion. Meanwhile, ARK Invest is bringing its $1.3 billion venture fund onchain through Securitize, giving eligible investors Ethereum-based access to a fund containing stakes in companies including OpenAI, Anthropic, Stripe and Databricks.The Federal Reserve has also begun implementing the GENIUS Act with proposed rules governing stablecoin reserves, capital, custody and applications from banks...

Bitcoin has fallen back to roughly $83,500 after failing to hold $85,000, putting the $80,000 to $82,000 support area back in focus. The macro backdrop has become less favorable as Treasury yields rise, oil rebounds and strong economic data keeps additional Fed tightening in the conversation. The positive counterweight is institutional demand: according to the figures discussed on the show, spot Bitcoin ETFs added another $346.9 million Wednesday, extending their streak to five consecutive inflow days and roughly $2.65 billion. Meanwhile, Blockchain.com and the NYSE are exploring 24/7 tokenized U.S. stocks and ETFs, while the Trump administration is reportedly considering partnerships...

Bitcoin is holding in the mid-$85,000 range as U.S. spot Bitcoin ETF demand remains strong, with roughly $714 million of additional inflows following Monday's nearly $1 billion. But today's main discussion comes from Bravo's Research, which lays out a theory connecting Treasury's long-duration debt management, greater reliance on short-term Treasury bills and the rapid growth of dollar stablecoins as a potential new structural source of T-bill demand. Treasury Secretary Scott Bessent has publicly said that stablecoin growth could strengthen the dollar and increase demand for U.S. Treasuries, although the specific three-step strategy discussed on the show is analysis rather...

Bitcoin held above $85,000 after briefly trading above $87,000, while U.S. spot Bitcoin ETFs recorded approximately $999 million in net inflows on Monday. Matt argues that this is an important transition point because the short squeeze that helped drive the initial breakout cannot continue indefinitely. The next leg higher needs genuine buyers, and the surge in ETF demand, combined with new purchases from Strategy and Strive, provides stronger evidence of sustained demand. Elsewhere, Binance invested $100 million in Circle while also facing another U.S. sanctions investigation involving Iranian activity. White hats recovered another 52 Bitcoin tied to the COLDCARD...

Bitcoin surged above $85,000 after finally clearing the roughly $83,000 level that both Matt and Craig Cobb have been watching. Craig explains that the breakout does not automatically create a monthly Bitcoin uptrend, but it does eliminate the existing downtrend and moves Bitcoin into a no-trend higher-time-frame structure. Total crypto market cap had already made a similar breakout, while Solana and other major altcoins are showing stronger cyclicity and trends. Matt's next question is whether roughly $83,000 can now become support. The rally was supported by falling oil prices, a retreat in the 10-year Treasury yield, renewed ETF inflows a...

Bitcoin moved back toward $78,000 as spot ETF flows returned to positive territory, although Matt argues the market remains sideways rather than in a confirmed recovery. The bigger structural story is the SEC's new five-year innovation exemption for tokenized U.S. stocks, which requires tokenized shares to carry the same ownership rights as their traditional counterparts. Traditional finance continues moving deeper into blockchain infrastructure even as corporate Bitcoin purchasing has slowed. Prediction markets are also becoming increasingly important and increasingly controversial. Matt discusses a listener's proposal to emphasize knowledge and consumer protection rather than prohibition, his prior r...

Bitcoin remained around $77,000 after the Federal Reserve delivered its widely expected 25-basis-point rate hike, with Matt arguing that the decision itself had already been priced into markets. The more important issue now is weakening demand, including softer ETF flows, on-chain inflows, stablecoin growth and corporate treasury purchases. Matt continues to view Bitcoin as sideways unless it decisively loses roughly $76,000, which would put the $72,000 area back into focus. Institutional crypto infrastructure continues expanding despite the CLARITY Act's failure. Circle launched Arc with more than 100 applications and institutional participants, while Deutsche Bank plans to launch regulated digital-asset custody i...

The Senate failed to advance the CLARITY Act in a 49-50 cloture vote, well short of the 60 votes required. Democrats centered their opposition on ethics concerns surrounding President Trump's crypto businesses, while Republicans argued they had already incorporated 126 substantive Democratic requests. Three Republicans opposed advancement on substantive grounds, while Thom Tillis switched his vote for procedural reasons that preserve the possibility of reconsideration. Matt argues that Trump's crypto interests gave Democrats an obvious political opportunity, while also questioning provisions designed to protect banks from stablecoin competition. The failure leaves major questions unresolved for altcoins, exchanges, DeFi, t...

Bitcoin slipped below $77,000 as the 10-year Treasury yield moved above 5%, oil remained above $100 and markets heavily priced a 25-basis-point Fed rate hike for Wednesday. ETF flows have also weakened after the large inflows earlier this month. Matt remains cautious, arguing that expensive money, persistent inflation and geopolitical energy pressure create a difficult environment for Bitcoin and other risk assets. The Senate's 2:15 p.m. Eastern CLARITY Act vote is today's major crypto catalyst. The procedural vote requires 60 senators, meaning Republicans need support beyond their 53-seat conference. Matt supports clearer crypto rules and stronger ethics provisions around public o...

Craig starts the week largely in cash after last week's CPI and PPI volatility produced a massive Bitcoin whipsaw capable of stopping out traders on both sides of the market. Bitcoin remains consolidated roughly between $76,000 and $82,000, while the total market cap is similarly directionless. With no clean trend or compelling structure, Craig sees no reason to force a trade simply for the sake of having a position. The bigger concern is event risk, with the CLARITY Act procedural vote followed closely by the FOMC rate decision and accompanying Fed language. Craig explains why he avoids holding s...

Bitcoin remains around $78,000 as oil trades above $100, the 10-year Treasury yield flirts with 5% and markets prepare for Wednesday's Fed decision. Matt remains cautious on Bitcoin's near-term outlook and still considers the current movement part of the same broad sideways range until Bitcoin can decisively break through the low $80Ks and establish $80,000 as support. The CLARITY Act also faces a major procedural test this week, with stablecoin yield emerging as a key fight between crypto companies and traditional banks. Matt argues that regulators should distinguish genuine consumer protection from rules designed to insulate incumbents from competition. He a...

Bitcoin reversed sharply from roughly $76,000 to above $78,000 even as August PPI rose 5.4% year over year, CPI increased 0.4% for the month, oil remained above $100 and the 10-year Treasury yield approached 5%. Matt argues that the rally may reflect markets gaining certainty about the Fed, but he still considers roughly $76K through the low $80Ks the same broad Bitcoin price range rather than evidence of a new trend.Researchers also cut by more than half a benchmark for the quantum resources needed for a key operation involved in a potential future attack on Bitcoin and Ethereum cryptography. The research...

Bitcoin fell toward $76,900 as the 10-year Treasury yield climbed to roughly 4.87%, but the bigger stories are happening around crypto infrastructure. Nasdaq is investing $100 million in Kraken parent Payward, PayPal is working on infrastructure for customized stablecoins, Visa says its stablecoin settlement business has surpassed $20 billion, and MetaMask is preparing to become a standalone company focused on a much broader range of consumer financial services.Bitcoin and Ethereum developers are also accelerating preparations for post-quantum cryptography as IBM and other companies pursue increasingly capable quantum systems. Matt argues that nobody can confidently predict the exact quantum timeline...

Bitcoin remains trapped in consolidation, but Craig is watching $82,811 as the critical level that would end Bitcoin's monthly downtrend. The total crypto market cap has already broken its corresponding level around $2.72 trillion, while altcoins are leading with a monthly higher low and higher high. Craig also continues watching Bitcoin's highly cyclical three-month structure, which he says has historically preceded a new bull market after the relevant high was broken 11 out of 11 times. Craig then breaks down how he searches for trades when a clean higher-time-frame trend doesn't immediately provide his preferred entry. Using WLD as an exa...

Podcast SummaryBitcoin has printed a golden cross and ETF demand remains strong, but Matt still considers the market sideways until Bitcoin either clears roughly $82,000 to $83,000 or loses $75,000. Oil approaching $100, the 10-year Treasury yield above 4.8%, uncertainty surrounding the Fed and questions about whether ETF demand has altered Bitcoin’s traditional four-year cycle all complicate the outlook. Meanwhile, Robinhood’s growing blockchain business and Metaplanet’s sharp decline demonstrate both sides of the leveraged exposure investors can get from Bitcoin-adjacent companies.The regulatory and technology calendars are also converging. Matt looks at the upcoming CLARITY proced...

Podcast SummaryBitcoin remains below $80,000 as a surprisingly strong August jobs report, a 4.1% unemployment rate, renewed U.S.-Iran fighting and Brent crude near $97 complicate the outlook for interest rates and inflation. Matt also corrects conflicting weekend reports about the military escalation: U.S. officials say Iranian ballistic missiles targeted an American aircraft carrier and destroyer but did not hit them, after which the United States struck three Iranian oil tankers.The bigger discussion is technological. GPT-6 Astra dramatically expands what AI agents can do across computers, software, research and cybersecurity, potentially allowing future...

Bitcoin briefly reached roughly $81,900 after spot Bitcoin ETFs attracted approximately $731 million in a single day, Treasury yields eased, and Fed Governor Christopher Waller suggested rates could potentially remain unchanged in September. Matt remains cautious, however, because Bitcoin still hasn't cleared the more important resistance around $82,800. A sustained break there could put $90,000 in play, while roughly $75,700 and $71,000 remain the downside levels he's watching. Bitcoin's rally also sent crypto-adjacent stocks sharply higher, including Coinbase, Robinhood, Strategy and Circle, reinforcing Matt's view that these companies can outperform when Bitcoin enters a strong bull move. But the volatility hasn't disappeared: w...

itcoin is trading around $78K, and the price structure is much healthier than it was earlier this summer. The immediate support is roughly $75,674, the critical trend support is around $71,781-$72K, and the long-term 200-week moving average sits down in the mid-$60Ks. On the upside, Bitcoin still needs to break roughly $82,793 before the chart really opens toward $90K and potentially the 2026 high near $98K. The bond market is calming today, but yields remain high enough to matter. The larger question is whether heavy government borrowing and enormous AI infrastructure spending are structurally pushing interest rates higher. M...

Podcast SummaryWall Street's largest banks are preparing their own stablecoin infrastructure while the London Stock Exchange Group and Kraken work toward tokenized UK stocks. Matt looks at whether bank-issued stablecoins can realistically challenge Tether and Circle, why stablecoin-yield rules could give traditional banks a competitive advantage, and how Robinhood's blockchain activity fits into the broader convergence between traditional finance and crypto-native markets. The infrastructure story extends into AI and security. Hut 8's massive data-center agreements show how quickly Bitcoin miners are becoming AI infrastructure companies, while Ripple prepares the XRP Ledger for future q...

Bitcoin remains around $77,000 to $78,000 as rising global bond yields become the biggest macro story for crypto. U.S. Treasury yields are approaching 4.8%, energy prices remain elevated, and markets are increasingly pricing in another Fed rate hike as Kevin Warsh maintains his focus on inflation. ETF buyers did return Monday with approximately $216.7 million in inflows, but Matt argues Bitcoin still needs to defend the $75K to $77K range and finally establish $80K as support before declaring the bear market finished. Meanwhile, Strategy bought another roughly $370 million of Bitcoin, Strive added another $143 million, and ARK Invest increased its e...