Trump Media’s discretionary bitcoin position is effectively gone. Wallets attributed to the Truth Social parent moved 2,628 bitcoin, worth about $165 million, to Crypto.com in two transactions Saturday, per Arkham data. That leaves roughly 4,261 bitcoin in the tagged addresses, about $268 million with bitcoin near $63,000. Trump Media’s first-quarter filing put 4,260.73 bitcoin under […]
Archives for August 2, 2026
Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
If you’ve been tracking crypto markets, you’ve likely seen analysts flag bitcoin’s BTC$62,560.27 200-week moving average (200W MA) as a key inflection line where the broader trend can turn decisively higher. This line represents bitcoin’s average closing price over roughly four years. Strategy is now tracking the same indicator, along with bitcoin’s premium (or discount) […]
Counting down the days: State of Crypto
Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially responded to the proposal. Ethics remains the biggest outstanding issue […]
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split. Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up. The stablecoin landscape “is about to fragment […]
The future of crypto payments won’t include on-ramps or bridges, Fun CEO says
While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows into Aave’s largest vaults, while processing more than $3 billion […]
The reverse bridge: Crypto meets Wall Street using perps
Everything under one login Round-the-clock trading is one part of the plans exchanges have for traditional assets. Coinbase and Binance want customers to trade crypto, stocks and other products through one account, a model both have described as an “everything exchange” or financial super app. Coinbase is preparing to offer U.K. customers equities and derivatives […]
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
“Seems people really moved their Bitcoin out of extreme caution after the coldcard hack,” Moreno said. Small Bitcoin transactions tell a similar story. According to CryptoQuant, the combined volume of all transfers smaller than 1 BTC reached 39,600 BTC on Friday, just shy of the 39,900 BTC moved on November 16, 2022, the day after […]
