Daily Crypto News
Daily Crypto News in 20 Minutes or Less. Hosted on Acast. See acast.com/privacy for more information.
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Sept 24: Bitcoin Falls Back Toward $82K
<p>Bitcoin has fallen back to roughly $83,500 after failing to hold $85,000, putting the $80,000 to $82,000 support area back in focus. The macro backdrop has become less favorable as Treasury yields rise, oil rebounds and strong economic data keeps additional Fed tightening in the conversation. The positive counterweight is institutional demand: according to the figures discussed on the show, spot Bitcoin ETFs added another $346.9 million Wednesday, extending their streak to five consecutive inflow days and roughly $2.65 billion. </p><br><p>Meanwhile, Blockchain.com and the NYSE are exploring 24/7 tokenized U.S. stocks and ETFs, while the Trump administration is reportedly considering partnerships...
Sept 23: The Stablecoin Endgame?
<p>Bitcoin is holding in the mid-$85,000 range as U.S. spot Bitcoin ETF demand remains strong, with roughly $714 million of additional inflows following Monday's nearly $1 billion. But today's main discussion comes from Bravo's Research, which lays out a theory connecting Treasury's long-duration debt management, greater reliance on short-term Treasury bills and the rapid growth of dollar stablecoins as a potential new structural source of T-bill demand. Treasury Secretary Scott Bessent has publicly said that stablecoin growth could strengthen the dollar and increase demand for U.S. Treasuries, although the specific three-step strategy discussed on the show is analysis rather...
Sept 22: Bitcoin Holds Above $85K as ETF Inflows Explode and Corporate Buyers Come Back
<p>Bitcoin held above $85,000 after briefly trading above $87,000, while U.S. spot Bitcoin ETFs recorded approximately $999 million in net inflows on Monday. Matt argues that this is an important transition point because the short squeeze that helped drive the initial breakout cannot continue indefinitely. The next leg higher needs genuine buyers, and the surge in ETF demand, combined with new purchases from Strategy and Strive, provides stronger evidence of sustained demand. </p><br><p>Elsewhere, Binance invested $100 million in Circle while also facing another U.S. sanctions investigation involving Iranian activity. White hats recovered another 52 Bitcoin tied to the COLDCARD...
Sept 21: Craig Cobb's $83K Level Breaks as Shorts Get Crushed. Bitcoin Rips Above $85K!
<p>Bitcoin surged above $85,000 after finally clearing the roughly $83,000 level that both Matt and Craig Cobb have been watching. Craig explains that the breakout does not automatically create a monthly Bitcoin uptrend, but it does eliminate the existing downtrend and moves Bitcoin into a no-trend higher-time-frame structure. Total crypto market cap had already made a similar breakout, while Solana and other major altcoins are showing stronger cyclicity and trends. Matt's next question is whether roughly $83,000 can now become support. </p><br><p>The rally was supported by falling oil prices, a retreat in the 10-year Treasury yield, renewed ETF inflows a...
Sept 18: Bitcoin Pushes Back Toward $78K as Wall Street Moves Deeper Onchain
<p>Bitcoin moved back toward $78,000 as spot ETF flows returned to positive territory, although Matt argues the market remains sideways rather than in a confirmed recovery. The bigger structural story is the SEC's new five-year innovation exemption for tokenized U.S. stocks, which requires tokenized shares to carry the same ownership rights as their traditional counterparts. Traditional finance continues moving deeper into blockchain infrastructure even as corporate Bitcoin purchasing has slowed. </p><br><p>Prediction markets are also becoming increasingly important and increasingly controversial. Matt discusses a listener's proposal to emphasize knowledge and consumer protection rather than prohibition, his prior r...
Sept 17: Bitcoin Holds Near $77K After the Fed Hike as Institutional Crypto Keeps Expanding
<p>Bitcoin remained around $77,000 after the Federal Reserve delivered its widely expected 25-basis-point rate hike, with Matt arguing that the decision itself had already been priced into markets. The more important issue now is weakening demand, including softer ETF flows, on-chain inflows, stablecoin growth and corporate treasury purchases. Matt continues to view Bitcoin as sideways unless it decisively loses roughly $76,000, which would put the $72,000 area back into focus. </p><br><p>Institutional crypto infrastructure continues expanding despite the CLARITY Act's failure. Circle launched Arc with more than 100 applications and institutional participants, while Deutsche Bank plans to launch regulated digital-asset custody i...
Sept 16: The CLARITY Act Failed. Trump Gave Democrats the Political Opening They Needed.
<p>The Senate failed to advance the CLARITY Act in a 49-50 cloture vote, well short of the 60 votes required. Democrats centered their opposition on ethics concerns surrounding President Trump's crypto businesses, while Republicans argued they had already incorporated 126 substantive Democratic requests. Three Republicans opposed advancement on substantive grounds, while Thom Tillis switched his vote for procedural reasons that preserve the possibility of reconsideration. Matt argues that Trump's crypto interests gave Democrats an obvious political opportunity, while also questioning provisions designed to protect banks from stablecoin competition. </p><br><p>The failure leaves major questions unresolved for altcoins, exchanges, DeFi, t...
Sept 15: Bitcoin Slips Below $77K as the 10-Year Breaks 5% and CLARITY Faces Its Big Vote
<p>Bitcoin slipped below $77,000 as the 10-year Treasury yield moved above 5%, oil remained above $100 and markets heavily priced a 25-basis-point Fed rate hike for Wednesday. ETF flows have also weakened after the large inflows earlier this month. Matt remains cautious, arguing that expensive money, persistent inflation and geopolitical energy pressure create a difficult environment for Bitcoin and other risk assets. </p><br><p>The Senate's 2:15 p.m. Eastern CLARITY Act vote is today's major crypto catalyst. The procedural vote requires 60 senators, meaning Republicans need support beyond their 53-seat conference. Matt supports clearer crypto rules and stronger ethics provisions around public o...
Craig's Biggest Trade This Week Is Staying in Cash
<p>Craig starts the week largely in cash after last week's CPI and PPI volatility produced a massive Bitcoin whipsaw capable of stopping out traders on both sides of the market. Bitcoin remains consolidated roughly between $76,000 and $82,000, while the total market cap is similarly directionless. With no clean trend or compelling structure, Craig sees no reason to force a trade simply for the sake of having a position. </p><br><p>The bigger concern is event risk, with the CLARITY Act procedural vote followed closely by the FOMC rate decision and accompanying Fed language. Craig explains why he avoids holding s...
Sept 14: Bitcoin Holds Near $78K as Oil, Yields and AI Fears Hit the Markets
<p>Bitcoin remains around $78,000 as oil trades above $100, the 10-year Treasury yield flirts with 5% and markets prepare for Wednesday's Fed decision. Matt remains cautious on Bitcoin's near-term outlook and still considers the current movement part of the same broad sideways range until Bitcoin can decisively break through the low $80Ks and establish $80,000 as support. </p><br><p>The CLARITY Act also faces a major procedural test this week, with stablecoin yield emerging as a key fight between crypto companies and traditional banks. Matt argues that regulators should distinguish genuine consumer protection from rules designed to insulate incumbents from competition. He a...
