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BTW: 🟠 Jeff Ross says the AI tech bubble is behaving similar to the 2007 housing bubble:

β€œThe government will be forced to step in and flood it with cash to save it and what that means is it’s going to debase all Americans and all users of the US dollar… so they’re going to socialize the losses.”

Source: https://x.com/SimplyBitcoin/status/2088455591928754360
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NEW: 🟠 Artem Chystiakov introduced DAMP, a decentralized asset management protocol for stablecoins and RWA on the Liquid Network 🌊

Fully onchain and self-custodial. No cosigner service is needed, powered by Simplicity.

Link to the full paper: https://github.com/Arvolear/research-papers/blob/master/simplicity/DAMP.pdf

Source: https://x.com/Arvolear/status/2087534358471074209
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FYI: πŸ‡ΊπŸ‡Έ Former House Financial Services Committee Chair Patrick McHenry tells Bloomberg that the CLARITY Act will pass and Big Banks will turn into crypto's biggest supporters:

"Clarity Act will be passed later this year"

Source: https://x.com/AltcoinDaily/status/2088351556290961593
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HISTORY: 🟠 9 years of Bitcoin from space πŸ›°οΈ

On this day in 2017, Blockstream Satellite launched, giving Bitcoin nodes a way to receive the blockchain without relying on the internet.

Nine years later, the network continues broadcasting Bitcoin data around the world, 24/7 adding another layer of resilience to Bitcoin’s infrastructure.

No internet required. Just Bitcoin, beamed from space.

Historic announcement: https://x.com/blockstream/status/897460146074288129
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JUST IN: πŸ‡ΊπŸ‡Έ Treasury Secretary Scott Bessent says the "Treasury is moving quickly to implement" the GENIUS Act πŸ‘€

"Beginning on January 18, 2027, the expected effective date of the GENIUS Act," πŸ‘€

Source: https://x.com/BitcoinMagazine/status/2089337014889927032
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JUST IN: πŸ‡ΊπŸ‡Έ Public company Strive purchases 79 Bitcoin for $5 million! πŸš€

Source: https://x.com/BitcoinMagazine/status/2089324949240476090
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FYI: 🟠 Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps).

As of 8/16/26: β‚Ώ840,447 BTC Reserve; $4.8B USD Reserve.

Source: https://x.com/saylor/status/2089322293822468601
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πŸš€ Strive (ASST) purchased 79 Bitcoin for ~$5 million at an average price of $63,231, increasing its holdings to 20,246 Bitcoin.

πŸ“° https://btctimes.com/strive-purchases-79-bitcoin-for-5-million

πŸ“£ https://x.com/BTCTimescom/status/2089376634482688200
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JUST IN: πŸ‡ΊπŸ‡Έ White House crypto meeting is positive for Bitcoin β€” Bitwise CIO Matt Hougan

"Outlook for the year-end is good."

Source: https://x.com/BitcoinArchive/status/2089376832533459041
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BREAKING: 🟠 Goldman Sachs BOUGHT $386M worth of Michael Saylor's Strategy shares.

Now holds $558M worth of $MSTR

Source: https://x.com/BitcoinArchive/status/2089363023135719490
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NEW: πŸ‡ΊπŸ‡Έ Harvard University reports owning $101.3M in BlackRocks Bitcoin ETF πŸš€

Source: https://x.com/BitcoinMagazine/status/2089412571853959545
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BREAKING: 🟠 $28B Schonfeld Advisors SOLD 20% of its Bitcoin ETF holdings in Q2.

Position drops to $384M

Source: https://x.com/BitcoinArchive/status/2089420462572839119
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MICHAEL SAYLOR: 🟠 "If we fix the credit, the equity premium should expand and that's good for the equity."

"The question is if the credit business is worth $100B or $1 trillion. If there's no credit business, it's worth zero."

Source: https://x.com/BTCtreasuries/status/2089438363061502307
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