Strategy teases next Bitcoin move after 1,030 BTC transfer

Michael Saylor put Strategys Bitcoin activity back under scrutiny on Sunday, Aug. 9, with a two word X post: “Doing ₿usiness.”  SummaryStrategy sold 1,638 BTC for $104.73 million between July 27 and August 2, filings show.Saylors Sunday “Doing ₿usiness” post did not specify whether Strategy bought, sold, or moved Bitcoin.Lookonchain linked a 1,030 BTC transfer to Strategy, but no company filing confirms any sale.Strategys holdings remain 842,138 BTC acquired for $63.51 billion at an average cost of $75,419.STRC closed Friday near $94.60, still below the $100 stated amount Strategy management currently targets.  The company‘s executive chairman offered no details about whether the message referred to buying Bitcoin, selling more BTC, raising capital or another treasury transaction. As of Sunday, Strategy’s public Bitcoin ledger still showed 842,138 BTC, meaning no additional disposal after its Aug. 3 filing had been confirmed.  Doing ₿usiness. pic.twitter.com/PtekVgHXDp  — Michael Saylor (@saylor) August 9, 2026  You might also like:  Strategy offers $250 yearly for employee Trump Accounts  The timing has fueled speculation because Strategy confirmed a $104.73 million Bitcoin sale last Monday and a wallet linked to the company moved another 1,030 BTC two days later. Yet the second movement remains just that: an onchain transfer. Neither Strategy nor a later U.S. Securities

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Bitcoin investors pour $853 million into spot ETFs. BlackRocks IBIT claims the bulk

SummaryThe U.S.-listed ETFs pulled in $853 million in investor money in the week ended Aug. 7.That marks the highest weekly inflow since April.  Bitcoin exchange-traded funds (ETFs) pulled in $853.54 million in net inflows for the week ended Aug. 7, the largest weekly total since mid-April, according to data from SoSoValue.  BlackRocks IBIT accounted for the bulk of the activity, attracting $693 million on its own.  This surge in inflows offers a tentative sign that institutions are dipping back in after the heavy selling earlier this year.  Recent bitcoin price action has looked more constructive. Negative headlines, including a multi-million-dollar Coldcard hack and rising government bond yields, have failed to dent the spot market. Bitcoin held steady at around $64,000 early this week and traded at around $65,100 as of this writing.  Fridays unexpectedly weak U.S. jobs report for July has cooled bets on further Federal Reserve rate hikes for now, potentially clearing the path for continued institutional buying in ETFs.  What next?  The latest spike in inflows represents only one week of data. On a year-to-date basis, the ETFs remain roughly $4.5 billion in the red due to net outflows. This helps explain the heavy selling pressure seen during the first six months of the year,

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Bitcoin BIP-110 enters mandatory phase at 2.53% support

Bitcoins contentious BIP-110 test has moved from signaling into an actual chain split, and the first hours show miners overwhelmingly continuing to build on the existing Bitcoin chain.  The proposal entered mandatory signaling at block 961,632 on Aug. 8 after only 51 of the previous 2,016 blocks, or 2.53%, signaled support. Nodes enforcing BIP-110 then began rejecting blocks without version bit 4.  The latest available BIP-110 monitoring data on Aug. 9 showed the enforcing branch stalled at block 961,633 after producing only two blocks. Bitcoins non-enforcing chain had already reached 961,731, putting it 98 blocks ahead. The tracker also showed no BIP-110 signaling among the first 100 blocks of the new difficulty period on the dominant chain.  With only 2.6% miner signaling, BIP-110 has failed to earn broad miner support. At block 961,632, its nodes will reject non-signaling blocks. BIP-110 will then stall or fork into irrelevance while Bitcoin continues normally. Bitcoin is working as designed.  — Michael Saylor (@saylor) August 8, 2026  Bitcoin BIP-110 split widens after miner support stays low  The split began because BIP-110 applies different validity rules during its mandatory signaling window. According to the official BIP-110 specification, enforcing nodes must reject any block between heights 961,632 and 963,647 that fails to

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IMF warns local stablecoins could speed dollar adoption

Domestic stablecoins designed to strengthen the role of national currencies could have an unintended effect: making it easier for users to move into digital dollars.  SummaryIMF says local stablecoins could accelerate dollar-token adoption by making onchain currency conversion easier globally.Nearly 99% of stablecoins remain dollar-denominated, reinforcing network effects that local tokens struggle to match.South Africa shows limited dollar-stablecoin use while rand-linked tokens have attracted weaker demand so far.IMF recommends regulating onramps, offramps and onchain exchanges when stablecoins expand access to foreign currency.BIS found stablecoin inflows broadly similar across economies with and without cross-border usage restrictions imposed.  International Monetary Fund First Deputy Managing Director Dan Katz raised the concern on Aug. 7 during a speech at the University of Cape Town, as regulators weigh how stablecoins could reshape payments and foreign currency demand in emerging markets.  Katz said local currency and dollar stablecoins operating on the same blockchain infrastructure can make foreign exchange conversion easier. Users can potentially swap between them through decentralized exchanges, liquidity pools or peer to peer transactions instead of relying exclusively on banks and conventional currency dealers. In that environment, local tokens “might even accelerate the adoption of FX stablecoins,” he said. The IMF has not presented that outcome as

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Trump Media, Crypto.com end $6.42B CRO treasury deal

Trump Media & Technology Group is pulling back from one of its biggest crypto expansion plans less than a year after announcing it.  SummaryTrump Media, Crypto.com and Yorkville terminated the proposed $6.42 billion CRO treasury combination on Friday.Truth Social will market Crypto.com prediction products instead of directly integrating prediction markets into platform.The canceled treasury expected $1 billion in CRO plus a $5 billion Yorkville equity line.Trump Media is prioritizing its pending TAE merger, which it hopes to close during 2026.Separate ETF servicing plans involving Crypto.com were also canceled, while Yorkvilles existing funds remain unchanged.  On Aug. 7, Trump Media, Crypto.com and Yorkville Acquisition Corp. Mutually terminated their proposed business combination to establish Trump Media Group CRO Strategy, a company designed around a multibillion dollar Cronos treasury. The companies cited “prevailing market conditions” and changing business and stakeholder priorities.  JUST IN: Trump Media cancels $CRO treasury deal with Cryptocom  The company cited market saturation as the reason for ending the planned partnership pic.twitter.com/AFfI1Kn0gD  — crypto.news (@cryptodotnews) August 8, 2026  The decision comes as Trump Media shifts attention toward its media operations and pending merger with TAE Technologies. The all stock TAE transaction was valued at more than $6 billion when announced in December 2025. Meanwhile, Trump Media

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Galaxy says Ethereum, Solana may rethink token inflation models

Galaxy Research Vice President Lucas Tcheyan said on Aug. 7 that Ethereum and Solana are confronting a similar policy question: how much token issuance is needed to pay for network security, and when does that security budget become more costly than useful? The debate is moving through proposal processes on both networks, but neither blockchain has approved an inflation change.  SummaryEthereums tapered issuance proposal is now EIP-8363, after editors reassigned its initially reported proposal number.EIP-8363 would burn rising validator rewards and remove issuance incentives near a 50% staking ratio.Solanas SIMD-0550 would double annual disinflation to 30%, cutting projected emissions by 18.9 million SOL.Solana governance requires two-thirds support from decisive stake after proposals complete an eleven-epoch voting process.Galaxy says both networks are reassessing security budgets, with no final inflation changes approved yet.  One important update concerns Ethereum‘s proposal number. Galaxy initially referred to the Tapered Issuance Burn proposal as EIP-8361. Ethereum’s EIP editors later assigned it EIP-8363 because EIP-8361 had already been allocated elsewhere. The EIP-8363 pull request remained open as of Aug. 9, and an editor requested changes on Aug. 6.  Galaxy Research: Ethereum, Solana Reconsider Inflation Schedules  Galaxy Research Vice President Lucas Tcheyan said that Ethereum and Solana are facing the same key

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XRP Ledger Loses 90% of Volume, But This Drop Is Not Critical

XRP Ledger has recorded a sharp contraction in payment volume after another temporary burst of unusually high activity. Daily payment volume briefly exceeded 600 million XRP on August 7 before collapsing toward comparatively negligible levels by August 9. From the local peak, the decline approaches 90% and could initially look like a major deterioration in network usage.  XRPs payment volumes are finally back  Over the past month, XRP Ledgers payment volume has been incredibly erratic, with frequent short-lived spikes followed by returns to baseline activity. In August, there was yet another surge. XRP Ledgers volume hit roughly 614.9 million XRP. There was no consistent rise in payment activity as a result of either move.  XRP/USDT Chart by TradingView  This is significant because, rather than the disappearance of established transaction demand, the most recent 90% decline primarily reflects normalization from an abnormal peak. Before the move could plausibly point to a structural decline in network usage, XRP Ledger would need to stay at low levels for a significant amount of time.  The price of XRP is still under pressure. The price chart paints a worse picture. XRP is trading at about $1.036 and is below every significant moving average displayed on the daily chart. The larger

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11-Year-Old Ethereum ICO Whale Makes First Move in 7 Years

An Ethereum whale with a history dating back to the 2015 initial coin offering (ICO) has abruptly resumed activity, shifting a portion of a position that had been idle for about seven years. The address is especially noteworthy because it is one of the networks oldest identifiable holders, having initially amassed 40,000 ETH during Ethereums early stages.  Ethereum balance isnt stabilizing  But rather than the whales ETH balance, the most recent move concerns its Maker (MKR) holdings. The investor amassed 7,020.84 MKR between September 2018 and May 2019 at an average acquisition price of roughly $828.92, according to the on-chain data that was supplied.  The original cost of the entire position was approximately $5.81 million. The whale moved 3,510.42 MKR to a new address after being stationary for years. The transferred position carries about $1.51 million in unrealized profit and is valued at about $4.41 million at the reported market price. Importantly, the tokens have simply relocated to a different address.  ETH/USDT Chart by TradingView  As of right now, there is no proof that they were sold or deposited on an exchange. The transaction is less bearish than a direct exchange deposit because of this distinction. Transferring assets between private addresses may indicate changes in

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MARA pledges 18,750 BTC for $600M in new loans

MARA Holdings secured $600 million of new borrowing on Aug. 4 after pledging 18,750 BTC worth about $1.2 billion as initial collateral, according to its Aug. 6 quarterly filing with the U.S. Securities and Exchange Commission.  The financing came from Coinbase Credit and Two Prime Lending as MARA directs more capital toward energy assets, Bitcoin mining, artificial intelligence and high performance computing.  The loans were completed after the June quarter, when MARA reported holding 35,577 BTC with a fair value of about $2.1 billion. The pledged 18,750 BTC therefore equals roughly 53% of its reported quarter end Bitcoin holdings. MARA said it “expects to use the proceeds” for general corporate purposes, including financing part of the cash consideration for its planned Long Ridge Energy & Power acquisition.  MARA pledged 18,750 Bitcoin as collateral for $600M in new borrowing. ????  That equals about 53% of its 35,577 $BTC holdings.  The loans were arranged through Coinbase Credit and Two Prime Lending. pic.twitter.com/iVti2eWxQV  — CryptosRus (@CryptosR_Us) August 9, 2026  MARA gets $600M while refinancing another $150M  Although the two facilities carry $750 million of combined principal, only $600 million represents new borrowing. Coinbase provided a $450 million facility consisting of $300 million in fresh funding and the refinancing of MARAs existing

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Whales Pile Into XRP: 380 Million Coins Defend $1 Psychological Floor

While XRPs price remains stuck in place, wearing down retail investors nerves, major players have pulled off a stealth maneuver. In just one week, they snapped up more than 380 million XRP, increasing their combined balance to 8.13 billion coins.  Data from Santiment confirms that whales are literally building a wall of money to keep the price from falling below the key $1 mark.  Big money is clearly acting ahead of the curve after spotting a strong trigger on the charts, as analyst Ali Martinez pointed out that XRP has formed a rare buy signal from the Tom DeMark (TD) Sequential indicator on the monthly timeframe.  This pattern is a rare sight, but it has been surprisingly accurate. Over the past six years, it predicted two of XRPs biggest rallies: a 1,074% surge in April 2020 and a 973% increase in August 2022. When the indicator produced a sell signal in April 2025, traders exited in time before a 57% collapse.  The current whale buying proves that they are betting on history repeating itself.  XRP supply squeeze meets regulatory gridlock at $1.06  However, buyers will have to dismantle a real barricade before XRP can fully take off. The main battle will unfold at $1.06, as blockchain

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