Strategy, Metaplanet Unrealized Bitcoin Losses Highlight Risk of Concentrating on Just One Token: Crypto Daybook
Your day-ahead look for Aug. 13, 2026
Bitwise Crypto Index ETF Just Filed Its Latest Quarterly Report, Here's What's Actually in It
Fully in line with expectations! Full text of the U.S. July CPI report: Year-on-year growth narrows to 3.4%, with falling energy prices as the main drag
In July, the U.S. Consumer Price Index (CPI) rose 0.1% month-on-month and 3.4% year-on-year, while core CPI eased to 2.5% on an annual basis. The decline in energy prices was the primary drag, whereas housing costs still accounted for approximately two-thirds of the overall monthly increase. Below is the full text of the CPI report.
XRP Trading Could Get Spicy After CPI Report as Futures Bets Hit Highest Since October: Crypto Daybook
Wednesday's big story is XRP (XRP), the payments-focused cryptocurrency.
The “anchor of global asset pricing” reaches a critical juncture! A dovish surprise in the U.S. CPI could trigger short covering in U.S. Treasuries, thereby fueling the rally in risk assets.
Wall Street remains divided on whether the Federal Reserve will raise interest rates next month, but Wednesday’s inflation report will determine the Fed’s next move. Traders assign roughly a 50% probability to a 25-basis-point rate hike, while stronger-than-expected economic data could increase the likelihood of a rate increase.
When Safe Assets Compete With Risk. Lessons From the 1960s–90s for Bitcoin and Stocks: Crypto Daybook
Financial markets' risk-free rate, the yield on U.S. Treasury securities, is rising again. Crypto maximalists often dismiss this as background noise, but when the rate rises sharply, it often competes for capital with stocks and other assets.
Cold wallet attacks spark concerns over self-custody, driving funds toward institutional-grade products; Bitcoin ETF weekly inflows hit a four-month high
Last week, U.S. Bitcoin ETFs recorded over $850 million in inflows, marking their strongest single-week performance since April. The catalyst for this surge was a hack targeting Coldcard wallets operated by Canada-based Coinkite, resulting in the theft of approximately $130 million worth of Bitcoin. This incident has shaken investor confidence in the security of cold wallets, prompting some to shift toward institutional products to gain BTC exposure.
Strategy continues to sell coins! Last week, it sold $110 million worth of Bitcoin and reduced its holdings of common stock by $650 million.
Strategy stated on Monday that during the seven days ended August 9, the company sold $108.6 million worth of Bitcoin, reduced its common stock holdings by 6.6 million shares, raising approximately $653 million in cash; meanwhile, the company repurchased $108.6 million worth of Stretch preferred shares. Strategy currently holds approximately $58 billion in Bitcoin and has $4.65 billion in cash reserves.
Everyone thinks cryptocurrency is dead, but he says it’s about to explode.
Frequent trading underperforms the market; it is better to hold investments for the long term.
Bitcoin's BIP-110 Episode Is Free-market Capitalism in Purest Form: Crypto Daybook
Whether bitcoin (BTC) works better as a store of value or a payments mechanism can be debated. But one of its core appeals, its radically free-market, permissionless design, is not.
CME hedge funds turn bullish on Bitcoin in a rare move, with institutions betting on price gains
The CEO of CryptoQuant noted that, influenced by inflows into spot ETFs, CME hedge funds have unwound their carry trades and, in a rare move, turned net long on Bitcoin futures, signaling rising institutional bullish sentiment—though the sustainability of this trend remains to be seen.
Express News | White House Crypto Advisor: If the CLARITY Act fails to advance by September 15, it may face significant difficulty passing thereafter.
Patrick Witt, the White House cryptocurrency advisor, posted on X that Congress has been pushing for legislation on crypto market structure for several years, and the Senate has been continuously negotiating the CLARITY Act since last summer. However, in the past week, Chuck Schumer and so-called 'crypto-friendly Democrats' blocked a procedural vote on the bill before the recess and called for further delay. Patrick Witt warned that if the bill fails to make progress by September 15, its chances of passing in the future will significantly diminish.
Consensus Mining & Seigniorage Corporation GAAP EPS of $1.19, Revenue of $462.2M
The Senate has decided to postpone the vote on the Clarity Act until September.
August 7 — According to a report by Politico cited by crypto journalist Eleanor Terrett, the Senate has decided to postpone the vote on the Clarity Act until September.
Express News | Chair of U.S. Senate Banking Committee: CLARITY Act to Receive Vote Before Congressional Recess
On August 7, Tim Scott, Chair of the U.S. Senate Banking Committee, stated that the CLARITY Act—aimed at regulating cryptocurrency markets—will come to a vote before Congress adjourns, saying, “There’s no question it will be voted on.” In an interview with Fox News, Scott indicated that the Senate might extend its working hours beyond the next two days to advance relevant legislation. He noted that Republicans are coalescing around consensus on the bill and emphasized that establishing a regulatory framework for crypto “is in the interest of the United States.” Tim Scott added, “We will get this done.” The CLARITY Act seeks to clarify the U.S. digital asset regulatory framework by delineating the respective oversight responsibilities of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in crypto markets. Supporters argue the bill will provide clearer rules for the industry and help maintain U.S. competitiveness in the digital asset space. Currently, the bill still faces internal congressional debates regarding consumer protection, regulatory jurisdiction, and market risks. If ultimately enacted, it would represent a significant step forward in building the U.S. crypto regulatory regime.
Bitcoin's Low Volatility Doesn't Necessarily Mean Low Risk: Crypto Daybook
A key theme this month is not just that bitcoin (BTC) isn't taking part in the risk-on rally exemplified by stocks, it's how steady the cryptocurrency has been, to the point that 30-day implied volatility has dropped to a long-held floor of 36%.
The $120 Million Coldcard Hack Lights up Bitcoin's Memory Pool: Crypto Daybook
There's an old saying that "every coin has two sides." It applies perfectly to the multimillion-dollar hack of the hardware wallet Coldcard that began on July 30 and is still in progress.
The Clarity Act has been put on hold due to Trump's ethics issues, and senators are calling on the U.S. SEC to launch an investigation.
August 5 news: According to CoinDesk, U.S. Democratic Senators Elizabeth Warren and Richard Blumenthal sent a letter to SEC Chair Paul Atkins requesting an investigation into Trump's meme coin TRUMP. They stated that nearly one million crypto wallets incurred losses of approximately $3.8 billion following the token's launch, while Trump profited by $636 million from the token, raising concerns that he benefited through a 'potentially fraudulent profit scheme.' The letter comes amid a deadlock in negotiations over the ethics provisions of the Clarity Act—a measure Trump had previously agreed to accept.
Express News | Senate Majority Leader Thune has held off on filing a cloture motion to end debate on the Clarity Act, constrained by procedural issues related to the ongoing continuing resolution process.
On August 5, crypto journalist Eleanor Terrett reported that procedural complications tied to the current continuing appropriations bill may explain why Senate Majority Leader Thune did not file a cloture motion tonight to end debate on the Clarity Act—though insufficient support and ongoing debate over key provisions likely also played a role. Once these procedural hurdles related to the continuing resolution are resolved, Thune could file the cloture motion as early as tomorrow, which would place a potential vote on the Clarity Act on the Senate agenda within 30 hours of the motion’s submission. Given the numerous unresolved issues surrounding the bill—including the absence of a bipartisan ethics agreement (with the White House yet to weigh in) and emerging disagreements over the BRCA provision—the outcome remains highly uncertain. However, I have learned from multiple sources that stakeholders are now even hoping to force lawmakers to take a public stance through a vote, even if the bill ultimately fails to pass.
The Bitcoin Market Has Plenty of Reasons to Freak Out, yet Calm Pervades: Crypto Daybook
The multimillion-dollar Coldcard hack, anemic institutional demand, and uncertainty in the regulatory and macroeconomic environment are some of the pain points for the crypto market right now.