Trump leaves door open for Bitcoin in new savings accounts

Strategy dumps $216M in Bitcoin to cover preferred stock payouts as Q2 losses hit $8B.

Editorial Team

Powered by Gloria

Updated 1:24 p.m. ET

Bitcoin's biggest corporate believer just made its biggest sale.

But the president isn’t fazed.

As Strategy sold, Trump made the case for crypto.

Elsewhere, the industry pressed ahead with major infrastructure and regulatory wins.

Here's today's crypto briefing.

Trump keeps Bitcoin speculation alive after Trump Accounts question

Trump was asked if Bitcoin could become part of Trump Accounts. He did not provide a direct answer, instead restating his support for digital assets.

The government-backed savings programme is aimed at everyday Americans, not institutional investors.

His remarks left the door open to the possibility without confirming that any such plans were under consideration.

Check the details →

STORY CONTINUES BELOW

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TeraWulf lands $19B Anthropic lease, stock jumps 12%

A former Bitcoin miner just signed the largest AI data center deal in crypto history.

TeraWulf locked in a long-term lease with Anthropic worth $19B in contracted revenue.

The company is also monetizing its Abernathy investment to fund the pivot.

When your best growth story is leaving mining behind, the industry is watching.

Get the full story →

Markets

Strategy's Bitcoin sales pressure markets as Q2 losses mount

Strategy sold Bitcoin in two batches at average prices near $60K last week.

The proceeds funded preferred stock distributions and rebuilt its cash reserve past $2B.

The full $1B capacity under its new Bitcoin monetization program remains untouched.

BTC slipped below $62K, ETH traded near $1,750, SOL fell toward $80, and XRP held around $1.12.

Keep reading →

Ripple locks down full MiCA compliance with Luxembourg regulator approval

Ripple just became fully MiCA-compliant across the European Union.

Luxembourg's financial regulator granted its Crypto Asset Service Provider license.

In a market where most competitors are still figuring out EU rules, that head start matters.

Read the full breakdown →

On Our Radar

The Authenticity Problem: Deepfake detection might become your digital ID's best friend soon.*

Nansen report: Nearly 1 million TRUMP buyers lost $3.8 billion.

Revolut to delist USDT: Tether trading ends on August 31.

*sponsored

ICYMI

Meme of the Day

See you in the next one.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."

Trump leaves door open for Bitcoin in new savings accounts

Strategy dumps $216M in Bitcoin to cover preferred stock payouts as Q2 losses hit $8B.

by Editorial Team | Powered by Gloria

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Bitcoin's biggest corporate believer just made its biggest sale.

But the president isn’t fazed.

As Strategy sold, Trump made the case for crypto.

Elsewhere, the industry pressed ahead with major infrastructure and regulatory wins.

Here's today's crypto briefing.

Trump keeps Bitcoin speculation alive after Trump Accounts question

Trump was asked if Bitcoin could become part of Trump Accounts. He did not provide a direct answer, instead restating his support for digital assets.

The government-backed savings programme is aimed at everyday Americans, not institutional investors.

His remarks left the door open to the possibility without confirming that any such plans were under consideration.

Check the details →

STORY CONTINUES BELOW

The crypto news you actually need.

Join our newsletter.

TeraWulf lands $19B Anthropic lease, stock jumps 12%

A former Bitcoin miner just signed the largest AI data center deal in crypto history.

TeraWulf locked in a long-term lease with Anthropic worth $19B in contracted revenue.

The company is also monetizing its Abernathy investment to fund the pivot.

When your best growth story is leaving mining behind, the industry is watching.

Get the full story →

Markets

Strategy's Bitcoin sales pressure markets as Q2 losses mount

Strategy sold Bitcoin in two batches at average prices near $60K last week.

The proceeds funded preferred stock distributions and rebuilt its cash reserve past $2B.

The full $1B capacity under its new Bitcoin monetization program remains untouched.

BTC slipped below $62K, ETH traded near $1,750, SOL fell toward $80, and XRP held around $1.12.

Keep reading →

Ripple locks down full MiCA compliance with Luxembourg regulator approval

Ripple just became fully MiCA-compliant across the European Union.

Luxembourg's financial regulator granted its Crypto Asset Service Provider license.

In a market where most competitors are still figuring out EU rules, that head start matters.

Read the full breakdown →

On Our Radar

The Authenticity Problem: Deepfake detection might become your digital ID's best friend soon.*

Nansen report: Nearly 1 million TRUMP buyers lost $3.8 billion.

Revolut to delist USDT: Tether trading ends on August 31.

*sponsored

ICYMI

Meme of the Day

See you in the next one.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."