
u/Old-Committee944

Trump shifts to a new strategy against Iran
The Trump administration has reportedly stepped back from both active diplomacy and immediate military action against Iran.
The new approach is more about waiting Tehran out while tightening the economic pressure through sanctions. Instead of direct confrontation, Washington appears to be betting that sustained financial pressure will gradually weaken Iran’s position.
Pokémon cards are outperforming both Bitcoin and the S&P 500 in 2026. The PV100 index is up 27.9% YTD, while the collectible card market is now estimated at $13–15B. Now part of that market is moving on-chain, with physical cards increasingly being tokenized and traded as digital assets.
Over the past 30 years, the S&P 500 kept rising after hitting an ATH in 13 of 17 cases, gaining an average 6.3% over the next six months. Wall Street expects history to repeat, with year-end targets around 7,900–8,100
🇺🇸 SEC and CFTC Sue Goliath Ventures Over Alleged $400M Crypto Ponzi Scheme
The SEC and CFTC have separately filed civil lawsuits against Goliath Ventures and its founder, Christopher Delgado, accusing them of running a massive crypto investment scheme.
The SEC says Goliath raised at least $425 million from more than 1,300 investors, promising monthly returns of 3% to 10% from crypto liquidity pools.
Regulators claim the money was never invested in those pools. Instead, funds from new investors were allegedly used to pay earlier clients, while accounts displayed fake balances and profits. At least $51 million was allegedly spent by Delgado on personal expenses.
The CFTC separately says around 1,600 customers deposited at least $397 million expecting the company to trade Bitcoin and Ethereum.
By November 2025, Goliath reportedly could no longer bring in enough new money to meet its obligations, and withdrawals stopped.
The criminal case has also moved forward. On June 30, Delgado pleaded guilty to conspiracy to commit fraud, wire fraud and money laundering. The DOJ previously said at least $400 million had been transferred to Goliath, with investor losses of at least $250 million.
Keel completely exits Bitcoin mining in the US and shifts to AI
Keel Infrastructure has shut down all of its Bitcoin mining operations in the US and is now repurposing its energy and computing infrastructure for high-performance computing and AI.
The company’s Q2 revenue fell 50% year-over-year to $30 million, while operating losses reached $141 million, compared with an $11 million profit a year earlier. Part of the decline came after the closure of its Moses Lake mining site in April.
Keel is also reducing its Bitcoin holdings. Since April 1, the company has sold 1,085 BTC for around $75 million, leaving 1,861 BTC on its balance sheet as of August 7.
This is becoming a bigger trend across the mining industry. Power capacity and existing data center infrastructure are increasingly valuable for AI, and some miners are choosing to redirect their resources there. Keel is taking it a step further than most: it has completely walked away from Bitcoin mining in the US.
🇨🇦 National Bank of Canada Invests $330K in XRP ETF
National Bank of Canada has disclosed a position in the Bitwise XRP ETF, holding 3,848 shares worth roughly $330,000.
The bank also holds several Bitcoin ETFs, bringing its total disclosed crypto ETF exposure to nearly $7 million.
Traditional banks are slowly getting deeper into crypto but through regulated products.
Meme coin shows +500% profit… But there is no liquidity to actually cash out
Vitalik Buterin has updated Ethereum’s roadmap, putting quantum security, privacy and native rollups among the network’s top priorities. The focus is shifting toward making Ethereum more secure, private and scalable at the protocol level.
U.S. Strategic Petroleum Reserve (SPR) inventories continue to fall rapidly.The reserve has dropped to around 305 million barrels, nearly 100 million barrels lower than a year ago and close to its lowest levels in decades. Washington continues to tap the SPR as pressure on the global oil market
Trump has extended the suspension of the Jones Act for another 90 days, allowing foreign vessels to transport oil and other goods between U.S. ports. The move is aimed at easing logistics, increasing energy supply flexibility and helping contain rising fuel and consumer prices in the U.S
reddit.comA large amount of previously locked tokens will enter the market this week. Why does it matter? After unlocks, some of these tokens may move to exchanges, increasing supply and selling pressure. The first few days after the unlocks will be worth watching closely.
Standard Chartered expects Chainlink (LINK) to reach $200 by 2030, implying roughly 25x upside from current levels. The bank sees the growth of tokenization and DeFi as the main drivers, with Chainlink potentially becoming one of the biggest beneficiaries as more traditional assets move on-chain.
NOT FİNANCİAL ADVİCE
World Liberty Financial received a $100M investment from a businessman under investigation in the UK over suspected money laundering
Guren “Bobby” Zhou, who is behind Aqua 1, was previously arrested but has not been charged. The investigation remains active. In 2025, Aqua 1 bought $100M worth of WLFI tokens, becoming one of its largest known buyers. The source of the funds remains unclear.
Under World Liberty’s revenue structure, up to 75% of token-sale revenue can go to a Trump family-linked entity, meaning as much as $75M from the deal could potentially have gone there.
Bitcoin on-chain activity is surging.
Santiment reports 2.27M new wallets were created, the highest level in a year, while active wallets jumped to 751K the strongest reading in 10 months.
The spike comes amid the Coldcard chaos, with users moving BTC, creating fresh wallets and rethinking how they store their coins.
BTC Bear Market & EMA21
The 21-week EMA remains one of the most important levels for Bitcoin in this bear market.
Every recovery attempt so far has struggled around this EMA, and BTC still hasn’t managed to print three consecutive weekly closes above it.
Even if we see more upside from here, the EMA21 around $69.3K is still a major resistance zone. A clean break and hold above it would be the first serious sign that the structure is starting to change.
Until then, nothing has really changed for me. The broader structure is still bearish, and I still think the market may need one final capitulation before a stronger recovery begins.
When you hand your phone to the kid for games, but they think Binance is the next level of Candy Crush!
Michael Saylor’s Sunday posts with the orange dots have changed a bit.He’s no longer saying it’s time to buy Bitcoin. Now he simply says Strategy is “doing business.” And for Strategy, “doing business” no longer means only buying BTC. Since recently, it can also mean selling Bitcoin into the market
Senator Cynthia Lummis says she “will not stop fighting” for the CLARITY Act after its latest setback, stressing that the fight for U.S. crypto legislation is “far from over.”
BIP-110 fork basically failed at launch
The controversial BIP-110 fork has gone live on Bitcoin, but miners clearly werent interested.
In roughly the first 8 hours, the new chain managed to mine only two blocks before effectively stalling. Miner support was just 2.53%, while the original Bitcoin network continued moving forward normally.
BIP-110 was designed to limit the amount of non-financial data stored on Bitcoin, including images, text and other arbitrary data. Supporters argued this could reduce blockchain bloat and lower the burden on node operators.
The problem is that enforcing these restrictions changes the consensus rules, and the Bitcoin ecosystem clearly didnt reach anything close to broad agreement.
The result speaks for itself: when almost all hashpower stays on the original chain, a minority fork doesnt have much room to survive.