Monthly archives: August 2026

An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil …

Continue reading “How thin weekend Bitcoin liquidity turns minor geopolitical news into massive Monday price gaps for ETF holders”

Digital Asset Acquisition Corp., the SPAC seeking to combine with the parent of regulated bank Old Glory Bank, postponed the shareholder vote on the deal to 10 a.m. Eastern Time on Aug. 14 from July 31. The original meeting date fell two days after the stated July 29 redemption deadline. DAAQ said in a July …

Continue reading “Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline”

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol’s SKY governance token, reported that $2.2 million of second-quarter staking revenue roughly matched its company-defined cash operating expenses. The comparison used reported dollar values: SDEV received the rewards in SKY and sold none during the quarter, meaning SDEV would need to sell …

Continue reading “One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story”

Moonbeam’s standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of a relaunch on Base. The cutoff ended the standard route for self-custodied free balances, while exchange holdings, frozen balances, and protocol positions remained subject to separate handling. Related Reading Latest bear …

Continue reading “Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds”

By the time SBI Crypto pulled the plug on its Bitcoin pool in Japan on July 31, its seven-day average hashrate had fallen 64% in a month. Later that day, a Hashrate Index reading put Foundry USA, AntPool and F2Pool at 60% of recent blocks. The timing makes them look connected. Weekly data tell a …

Continue reading “A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network”

Starting Aug. 1, Louisiana users may cancel a virtual-currency-kiosk transaction made on or after that date and demand a full refund at any time if the machine’s owner or operator was unlicensed when the transaction occurred. Act 482 puts the cost of an eligible refund on the operator. Eligibility depends on the operator’s license status …

Continue reading “Louisiana just armed crypto ATM users with a legal cheat code to demand full refunds from unlicensed operators”

Elon Musk rejected a Wall Street Journal report claiming Tesla explored separating or selling its China business ahead of a potential SpaceX merger. The public dispute centers on one of Tesla’s largest operations and a report linking it to a broader corporate restructuring. Musk Rejects Report on Tesla’s China Business Elon Musk rejected a report …

Continue reading “Elon Musk Denies Tesla China Sale Report Tied to SpaceX Merger”

Michael Saylor rejected claims that Strategy had approved a new $5 billion bitcoin sale plan, identifying the authorization as an existing capital-management tool. His clarification separates potential selling capacity from an immediate decision to reduce holdings. Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports …

Continue reading “Michael Saylor Rejects Report of New Strategy Bitcoin Sale Approval”

A suspected third wave of Coldcard-related bitcoin sweeps has pushed the observed incident to an estimated 1,367 BTC, while exchange deposits and long-dormant wallet activity have added two more signals for analysts to watch. A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and …

Continue reading “Coldcard Theft Balloons to $88M as Exchange Deposits Spike, Old BTC Moves”

Strategy confirmed its Stretch (STRC) preferred stock will keep paying a 12% annualized dividend in August 2026, even after the security closed July at roughly 12% below its $100 par value. A Rate That Keeps Climbing but Can’t Reverse Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor confirmed on August 1 that the Stretch Dividend Rate …

Continue reading “Strategy Holds STRC Dividend at 12% as Stock Stays Below Par”

Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But …

Continue reading “Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K”

Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July 30, Japan’s Ministry of Finance …

Continue reading “Japan, US Plot Yen Rescue as Speculators Face Reckoning”

A standard six-sided die produces about 2.6 bits of unpredictable information with every roll. That may not sound like much, but repeated enough times, those rolls can create the raw randomness needed to secure a bitcoin wallet without relying on software or an electronic component. Why a Die Roll Is So Difficult to Predict Claude …

Continue reading “Dice Rolls Keep Bitcoin Keys Offline, but Not Everyone Will Bother”