Daily Crypto News

Craig says crypto liquidity has dried up dramatically, with Bitcoin stuck inside a month-long range between roughly $62,500 and $65,500 and only a small fraction of tracked trading pairs showing meaningful volume. He remains cautious and wants to see Bitcoin break lower before becoming more aggressive, with $59,000 as the next major area to watch if the current range fails. 

The episode also covers Craig’s current XRP short, potential long setups in Hyperliquid and possibly BNB, and why thin order books make slippage and execution risk much more important right now. His main message is patience: there are still profitable trades, but traders should focus only on strong trends with real liquidity rather than forcing activity in a messy market. 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.

Hosted on Acast. See acast.com/privacy for more information.

Bitcoin remains stuck near $63,000 as ETF flows turn negative and thin liquidity leaves the market vulnerable to sharper moves if leveraged traders rush for the exits. Matt covers Strategy raising another $333.7 million without buying more Bitcoin, HIVE locking in a major GPU cloud contract, and tokenized stock activity surging as real-world assets continue moving on-chain. 

The episode also looks at the CLARITY Act’s odds collapsing to roughly 10%, Binance reportedly providing customer data to Russian authorities, Chainalysis suing over a $94.6 million ICE contract, and major customer-data breaches affecting Bits of Gold and SafePal. Matt closes by arguing that while Bitcoin’s price is flat, the infrastructure, regulation, and security risks surrounding crypto are moving quickly. 

Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.

Bitcoin slipped below $63,000 as weak liquidity and cautious sentiment continue weighing on the market. Matt covers MSCI considering rules that could exclude Bitcoin treasury companies like Strategy and Metaplanet from major indexes, Gemini’s continued struggles after disappointing earnings, and Crypto.com expanding into tokenized equities with exposure to roughly 1,500 U.S. stocks and funds. 

The episode also looks at the SEC canceling its scheduled crypto rulemaking meeting, the CFTC moving forward on crypto, AI, and prediction markets while the CLARITY Act remains stalled, and JPMorgan reportedly debanking Polymarket. Matt also discusses whether DeFi is becoming more accurately described as on-chain finance and why World Liberty Financial’s crypto ventures continue complicating the ethics debate surrounding U.S. crypto legislation. 

Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.

Bitcoin remains stuck near $64,000, but the infrastructure around crypto keeps moving. Matt covers Custodia Bank’s Supreme Court fight for direct access to Federal Reserve payment rails, Franklin Templeton getting SEC clearance for expanded on-chain cash management, and BitGo reporting $4.3 billion in quarterly revenue despite posting a net loss. 

The episode also looks at a proposal that could significantly reduce Ethereum staking yields as more ETH gets locked up, the CFTC’s warning about prediction-market incentives and wash trading, growing bullish positioning in Dogecoin, and what it could take to finally give Bitcoin a major new catalyst. Matt also explores how AI could fundamentally change the way industries analyze massive amounts of data, from financial markets to professional sports. 

Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.

Today’s crypto market is quiet, but it is not calm in a healthy way. Bitcoin is sitting around $64K ahead of the July CPI report, with perpetual trading activity at its lowest level since 2023 and volatility still compressed. The market is waiting for a macro catalyst, but underneath the surface, traders are cautious, altcoins are fragile, and sell pressure from public miners remains a real issue.

The biggest security story is Harmony. The project confirmed an exploit where an attacker minted roughly 4 billion ONE tokens, equal to more than a quarter of the supply. ONE fell around 40%, exchanges were asked to freeze funds, and Harmony is now looking at emergency fixes and possible rollback options. That is not just a hack. That is a monetary-integrity failure.

On the institutional side, Fidelity is moving to add staking and quarterly cash payouts to its nearly $900 million Ether ETF. That is a major step toward yield-bearing Ethereum ETFs. At the same time, public Bitcoin miners have sold about 28,000 BTC this year, worth roughly $1.78 billion, adding another layer of selling pressure to the market.

Regulation is also busy. Russia wants retail crypto trading limited to Bitcoin, Ether, and USDT. The Bank of England is testing how stablecoins and a potential digital pound could work together in trade finance. The CFTC is fighting New York to keep Kalshi operating, while FlightAware dropped its separate lawsuit against Kalshi after just one day.

The core theme today: Bitcoin is stuck in hibernation, but the rest of crypto is not quiet. Exploits, regulation, tokenized finance, Ethereum staking, and AI competition are all moving while BTC waits for CPI.

Hosted on Acast. See acast.com/privacy for more information.

Riot Platforms is making a major shift toward AI infrastructure after signing a 20-year, $9.1 billion agreement with Anthropic covering 191 megawatts at its Rockdale, Texas campus, with expansion options that could dramatically increase the contract's value. Matt explains why this is a smart way for Bitcoin miners to monetize existing power and data-center infrastructure during weaker mining conditions, while remaining skeptical that today's AI compute requirements will still look the same two decades from now. 

The episode also covers Trump Media's $238 million second-quarter loss, the SEC preparing its first major crypto rulemaking effort under Paul Atkins, the ongoing political fight over how Democrats approach crypto regulation, and FlightAware suing Kalshi over the use of its flight data in prediction markets. Matt also revisits Strategy's increasingly complex Bitcoin treasury model and closes by arguing that AI infrastructure will likely become far more efficient as models, chips, and software continue improving. 

Happy Hodling, Everyone.

Hosted on Acast. See acast.com/privacy for more information.

Bitcoin remains stuck near $65,000 while markets wait for the next major macro signal from CPI and the Federal Reserve. Matt also revisits Strategy after the company sold another 1,690 Bitcoin for roughly $108 million, questioning how the company’s increasingly complex mix of preferred dividends, cash reserves, stock issuance, debt management, and selective Bitcoin sales fits with Michael Saylor’s long-running “buy Bitcoin forever” message. 

The episode also covers Robinhood expanding crypto trading in the UK, Standard Chartered projecting tokenized real-world assets could reach $4 trillion by 2030, the CLARITY Act returning for a key Senate vote in September, and the continuing fight over stablecoin yield and crypto ethics rules. Matt closes with concerns about long-term quantum security, including the possibility that an eventual quantum attack could initially look like an ordinary wallet breach rather than an obvious system-wide failure. 

Happy Hodling, Everyone.

Hosted on Acast. See acast.com/privacy for more information.

Bitcoin is still stuck in its long sideways range, but the buyers underneath the market are getting harder to ignore. Matt covers roughly $1.2 billion in Bitcoin whale accumulation and about $750 million in U.S. spot ETF inflows this week, while also looking at continued pressure on Bitcoin miners and another delay to the CLARITY Act until at least September. 

The episode also covers Coinbase losing another prediction-market court fight, Coldcard losses climbing above $116 million across more than 5,200 wallets, BIP-110 continuing to struggle for miner support, and XRP weakening as regulatory clarity gets pushed further out. Bitcoin is back near $65,000 and the Fear & Greed Index has moved to neutral, but Matt remains cautious about calling a true breakout. 

Happy Hodling, Everyone.

Hosted on Acast. See acast.com/privacy for more information.

Coldcard remains the dominant story as estimates of the hardware wallet exploit continue climbing. Researchers now believe at least 15 attackers were involved, with losses exceeding $100 million and possibly approaching $130 million, affecting roughly 7,300 wallet addresses. Matt argues that companies selling security products should be held responsible when failures stem from their own implementation, comparing the situation to how exchanges eventually created reserve and insurance funds after years of hacks. 

The episode also covers Circle's new institutional ARC blockchain, Visa and Mastercard expanding stablecoin payment infrastructure, Hashdex closing its DeFi Spot Bitcoin ETF, continued uncertainty surrounding the CLARITY Act, a foiled plot to kidnap a Bitcoin holder, and World Chain's upcoming throughput upgrade. Matt closes by arguing that trust is crypto's most valuable asset, and when companies built around security fail to protect customers, confidence in the entire ecosystem suffers. 

Happy Hodling, Everyone.

Hosted on Acast. See acast.com/privacy for more information.

Coldcard is at the center of the crypto conversation after a flaw in its seed-generation process reportedly allowed attackers to brute-force wallet seed phrases, ultimately draining an estimated 1,367 Bitcoin, worth roughly $88.6 million, from around 4,500 addresses. Matt discusses how the incident is driving some users back toward centralized exchanges, highlighting OKX's report of increased inflows and arguing that the lesson isn't that exchanges are safer, but that every form of custody carries its own risks. 

The episode also covers BlackRock's launch of tokenized European money market funds, Binance's new Bitcoin-backed lending product, ARK Invest adding Coinbase shares after the stock's post-earnings decline, the crypto industry's growing political influence ahead of the 2026 midterms, and continuing questions surrounding Strategy's recent Bitcoin sale. Matt closes by arguing that trust—not Bitcoin's price—is the biggest issue facing the industry today, as investors weigh the risks of self-custody against those of centralized platforms. 

Happy Hodling, Everyone.

Hosted on Acast. See acast.com/privacy for more information.