Wall 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 quantum threats and Zcash works to make private transactions dramatically faster. Matt also examines the emerging cybersecurity risk from increasingly capable AI systems that can discover vulnerabilities in publicly accessible software, including the smart contracts, bridges and wallets securing billions of dollars in crypto. 

Happy HODLing

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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 exposure to Jack Dorsey's Block. The episode also covers a $75 million Cronos DeFi exploit, George Santos reportedly being banned from Kalshi for trading a market involving himself, Robinhood Chain approaching $1 billion in daily DEX volume, the explosive Artificial Inu trade, and OpenSea bringing Solana NFTs back to its multichain marketplace. 

Happy HODLing

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Bitcoin spent last week consolidating after its huge move higher, and Craig sees the lack of a major snapback as a positive sign. The weekly candle finished essentially flat, even after selling following Warsh’s Jackson Hole comments, leaving Bitcoin surprisingly strong but too messy for Craig to trade right now. Instead of forcing a position, he’s waiting for Bitcoin to establish cleaner trend and cyclicity before getting involved again. 

While Bitcoin sorts itself out, Craig is searching deeper in the market for the structures he prefers: strong trends, clean pullbacks, good cyclicity, and momentum. He highlights Pump.fun as an example of that structure and discusses Zora, CHIP, and ZRO as charts showing characteristics he watches for, while emphasizing that these are examples rather than trade recommendations. For now, the strategy is simple: stay patient, trade where the clean trends are, and wait for Bitcoin’s next leg. 

Happy Hodling, Everyone.

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itcoin is back below $78,000 after another failed attempt to establish $80K as support, while ETF inflows finally broke their winning streak and Kevin Warsh's Jackson Hole comments increased expectations for tighter monetary policy. Matt explains why Warsh's apparent commitment to returning inflation to 2% could mean higher rates and less liquidity, creating another potential headwind for Bitcoin. 

The bigger story is the growing convergence between Bitcoin mining and AI infrastructure. Miners already control power, grid connections, land, cooling and data-center infrastructure that AI companies desperately need, pushing companies like IREN, Riot and CleanSpark deeper into AI. Matt argues that this creates enormous opportunities but also new risks, including AI-focused regulations spilling into Bitcoin mining and the possibility that an eventual AI correction exposes companies whose valuations have become too dependent on the boom. 

Happy HODLing

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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.

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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.

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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.

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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.

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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.

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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.

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