BTC dropped to $96,351, now $97,100, its lowest since May 2025. Total liquidations hit $1.02 billion, with $887 million from longs alone.
Massive ETF redemptions with BTC ETFs seeing a –$870 million exit, the second-largest in history, while ETH ETFs saw a –$260 million exit. Solana ETFs had a marginal inflow of $1.5 million.
Long-term holders (LTHs) sold ~815,000 BTC over the last 30 days, the highest since January 2024.
Stablecoin inflows into exchanges are rising sharply, signaling new capital could be getting ready to deploy.
The industry's biggest lobbying group backs Custodia Bank's petition arguing the Federal Reserve has no discretion to deny master accounts to eligible state-chartered banks — a question Kraken's own path around the same wall already shows has more than one answer
The regulator dismantled Australia's largest cash-to-Bitcoin network using powers it already had; the AML/CTF bill now before Parliament would let it do the same to the whole sector without waiting for a company to fail first.
Jeong Sang-ho gets the same sentence as Do Kwon, but on a fraction of the alleged victim count — after a court threw out evidence tied to the case's largest fraud allegation
The Aug. 19 gathering lands a day before a CFTC advisory panel takes up the same state-versus-federal jurisdiction fight now playing out in courtrooms in at least a dozen states.
