Daily Crypto News

Bitcoin got as high as roughly $81,300 overnight and still couldn't maintain $80K. The battle is getting clearer. ETF demand remains strong, with another $242 million entering U.S. spot Bitcoin ETFs Thursday and roughly $3 billion arriving during nine consecutive positive sessions, but traders keep taking profits above $80K. The real breakout probably requires Bitcoin to turn $80K into support and then clear roughly $81K-$83K.The biggest macro catalyst today is Kevin Warsh at Jackson Hole. Treasury yields are still elevated, inflation remains uncomfortable, and markets are even considering whether the Fed may have to raise rates again. A hawkish Warsh could strengthen the dollar and yields and make Bitcoin's $80K problem worse. A more balanced Warsh could give ETF buyers another opportunity to push through.And then there's SanDisk, which may be one of the craziest stock stories of the AI boom. The stock is up more than 500% this year, but there is a real business transformation behind it: annual revenue rose 175%, data-center revenue surged 437%, Q4 gross margins reached nearly 85%, NAND prices exploded, and AI companies are consuming memory faster than manufacturers can supply it. The risk is that memory is still cyclical. SanDisk's run continues as long as AI demand and memory shortages remain stronger than new supply.Happy HODLing.

Bitcoin finally broke $80K, but it could not hold it. That makes today's price action a rejection, not a confirmed breakout. The good news is that Bitcoin has real demand underneath it: U.S. spot ETFs took in another $232 million Wednesday, extending their positive streak to eight trading sessions and roughly $2.8 billion. The bad news is hotter inflation has markets reconsidering Fed tightening just as Bitcoin is trying to turn $80K into support. The most interesting story now is Kevin Warsh. His Fed philosophy isn't simply lower rates and more money. Warsh wants to shrink the Fed balance sheet while potentially creating room for lower interest rates, meaning Bitcoin could get cheaper money without getting another giant round of QE. That makes tomorrow's Jackson Hole speech important because crypto traders need to start watching the Fed balance sheet, Treasury liquidity, yields and the dollar together, not just whether Warsh cuts rates. For price, $80K remains the wall, but the bigger breakout zone is increasingly looking like $81K-$86K, with roughly $83K an important confirmation level. If ETF inflows continue and Warsh does not turn aggressively hawkish, Bitcoin gets another shot. If inflation pushes the Fed toward tighter policy and ETF demand fades, Bitcoin could spend more time consolidating in the upper $70Ks.Happy HODLing.

Bitcoin keeps bouncing off the $80,000 resistance level, and Matt explains why profit-taking is the biggest obstacle right now. Institutional investors are locking in strong gains, the short squeeze that helped drive the first leg higher is losing momentum, and roughly $6.4 billion in Bitcoin options are set to expire Friday. At the same time, ETF demand remains strong, with about $314 million in Tuesday inflows and roughly $3 billion for August, making sustained institutional buying the key to turning $80K from resistance into support. The episode also looks at why the Treasury market and the debasement trade matter more to Bitcoin than oil prices, Revolut beginning to roll out its euro-backed EURR stablecoin, and the Tornado Cash retrial being pushed to 2027. Matt argues that Bitcoin still has a real path toward $90K if it can close above $80K and stay there, but warns that every new price level will bring fresh sellers, profit-taking, and resistance. Happy HODLing.

Craig says Bitcoin’s 26% weekly move changed the higher-timeframe picture. After weeks of frustrating sideways action, the three-month and six-month charts are now showing structures that have historically appeared near the end of major selling periods. He is not calling the exact bottom, but he believes the market is giving stronger evidence that the next major trend could be higher, especially as ETFs and digital-asset treasury companies change the structure of this cycle. The episode also explains why Craig was never committed to an October low, how he uses both time and price when evaluating long-term Bitcoin entries, and why he prefers capturing the middle of a trend rather than trying to perfectly buy the bottom or sell the top. Start your free 7-day trial of Market Intern at https://marketintern.com and subscribe to Craig’s free newsletter at https://www.thegrowmeco.com. Happy HODLing.

Bitcoin briefly broke above $80,000, reaching roughly $81,100, before profit-taking pushed it back into the upper $70Ks. Matt explains why $80K remains an important psychological resistance level, with investors who bought higher finally getting opportunities to exit and newer buyers sitting on substantial gains. He argues that a pullback toward $75K or even the low $70Ks would still be normal, while a sustained move back below $70K would make the rally look more like another bear-market bounce. The episode also covers nearly $2 billion in Bitcoin ETF inflows last week, Coinbase launching tokenized stocks on Base, Franklin Templeton expanding tokenized money-market funds in Asia, and BitMine buying roughly $81 million of Ethereum. Matt also looks at the political pressure surrounding the CLARITY Act and GENIUS Act implementation, while warning that the Fear & Greed Index at 80 shows just how quickly sentiment has shifted from fear to extreme greed. Happy HODLing.

Bitcoin is pushing against the $80,000 barrier after one of its strongest weeks in months, driven by improving Treasury-market liquidity, nearly $2 billion in Bitcoin ETF inflows, short liquidations, and a fresh wave of FOMO. Matt explains why $80K could be difficult to break and hold as investors who bought at higher prices finally get a chance to exit, while $90K and $100K could create even larger psychological barriers. The episode also covers the CLARITY Act as a potential September catalyst, Strategy raising roughly $2 billion without buying more Bitcoin, Circle and the continued explosion of stablecoin activity, and huge weekly gains across XRP, Ethereum, Solana, Hyperliquid, and Dogecoin. With the Fear & Greed Index already at 81, Matt remains cautious and says Bitcoin needs to break $80K and hold it before the conversation moves seriously toward $90K and beyond. Happy HODLing.

Bitcoin’s rally is accelerating, with BTC climbing toward $78,000 as improving global liquidity, heavy ETF buying, and another massive short squeeze drive the market higher. Matt breaks down roughly $1.6 billion in Bitcoin ETF inflows this week, $3.3 billion in liquidated shorts, and a surge in South Korean retail trading. He also looks at bullish forecasts from Bernstein and Standard Chartered, while questioning whether Bitcoin can break and hold above the psychologically important $80,000 level. The episode also covers Strategy moving back into profit on its massive Bitcoin position, South Korea pushing deeper into tokenized funds and real-world assets, Trump's continued push for the CLARITY Act, and AI use in crypto crime rising sharply. Matt remains cautious despite the sudden return of greed, arguing that the catalysts behind the rally are real, but a powerful bear-market rally still isn't necessarily the beginning of a new bull market. Happy HODLing.

Bitcoin finally broke out, surging above $70,000 as several catalysts hit at once. Matt looks at Trump’s White House meeting with crypto executives, Treasury moves supporting broader liquidity, and a massive short squeeze that wiped out roughly $2.7 billion in bearish positions. U.S. spot Bitcoin ETFs also brought in about $517 million, while Ethereum, XRP, Solana, Hyperliquid, and other major assets rallied even harder than Bitcoin. The episode also covers crypto stocks ripping alongside the market, continued expansion of XRP and tokenized-asset infrastructure, the CLARITY Act returning to the political conversation, and X reportedly exploring stablecoin payments. Matt remains cautiously bearish despite the rally, arguing that improving global liquidity and Treasury-market conditions are more important to watch than the White House meeting itself. Happy HODLing.

Ripple raised $275 million to expand its U.S. clearing, prime brokerage, and financial-services business, while Metaplanet is bringing its Bitcoin treasury strategy to the U.S. through a deal involving 2,100 BTC and Nasdaq-listed Super League Enterprise. Matt also covers China rapidly expanding its digital yuan banking network and the SEC finally proposing its long-awaited Reg Crypto framework, creating new pathways for crypto companies to legally raise capital. The episode also looks at South Korea blocking Polymarket as illegal gambling, a Maya Protocol exploit that caused nearly $11 million in broader liquidity-pool losses, Bybit saying AI helped save roughly $700 million following its massive hack, and proposed accounting rules that could require stronger reserves and redemption rights for stablecoins to receive cash-equivalent treatment. Meanwhile, Bitcoin remains trapped in its six-week range near $65,000, with Matt still skeptical that the bottom is already in. Happy HODLing.