Crypto_GR

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This Is How Bitcoin Reacted to Jackson Hole

Over the past five years, Bitcoin has often seen notable price moves around Jackson Hole. In 2022, $BTC fell by around 6% following Powell’s speech.

But what is Jackson Hole?

It is an annual economic symposium where central bank leaders gather. The Fed Chair’s speech is closely watched for signals on inflation, interest rates, and the economy, factors that can influence risk assets, including crypto.

Following Fed Chair Kevin Warsh’s first Jackson Hole speech yesterday, $BTC is down around 3.8%.

My view on the current $BTC correction 👇

Bitcoin has already pulled back in recent days, reaching around $76,910. For me, the key level now is $76,500–$76,600.

If $BTC loses this zone, I would like to see a deeper correction toward $72,500–$74,000.

If we get that dip, I think it could be a good opportunity to start buying again rather than panic selling.

I already have a few interesting coins on my watchlist, including $ZEC, $ETH and $PENGU.

I’m still very bullish on the bigger picture. I’m looking at any deeper correction as a chance to build positions, not as a reason to panic.

Saw this on X and thought it was worth sharing.
"Y'all are way too attached to money.
Too happy when you make it.
Too depressed when you lose it.
You treat money like some really rare event instead of something normal.
Loosen up, my friends.
See money for what it truly is: just a tool in this illusion, not a trophy.
Don't worship it. Don't fear losing it. Don't let it ever control your emotions.
If you made it once, you can make it again.
If you lose it, trust you can create tenfold more if you choose to.
Stop acting like abundance is somewhere in the future. Feel abundant NOW.
Choose it. Claim it.
Let go of the attachment.
Money comes and goes. You remain.
You attract what you are."

He Lost 61 Bitcoin, 12 Years Later, They’re Worth $5M

A British man named Chris lost access to 61 $BTC in 2014 after the crypto exchange Intersango shut down.

Back then, his Bitcoin was worth only around $5,400. Today, the same coins are worth roughly $5 million.

After months of working with lawyers, Chris finally recovered access to his funds. He now plans to sell some of his $BTC to buy a bigger home for his family, while keeping the rest as a long-term investment.

GTA 6 Leaker Made $250,000 From His Own Memecoin

An anonymous creator spent 9 days sharing unreleased GTA 6 clips while promoting his own memecoin, CYBERLEEK.

The token quickly became popular and reached a $25 million market cap.

Then, just hours before Rockstar showed the official gameplay, he sold 15.4 million CYBERLEEK tokens for more than $250,000.

$ENA Jumps as Ethena Plans Major Token Buybacks

$ENA is up around 20% after Ethena announced major changes to its token model.

The Ethena Foundation bought locked ENA from several early investors who had sold tokens over the past nine months. This removes part of the future selling pressure from those investors.

Ethena also proposed using 95% of the net revenue received from its businesses to buy back ENA once USDe reaches the required supply level.

The revenue comes from products such as USDe savings, stablecoins and other Ethena services.

CZ: Bitcoin Could Catch Up With Gold

CZ believes Bitcoin could eventually become more important than gold, with the gap between the two assets potentially shrinking sharply during the next bull market.

Gold’s total market value is currently around 10× larger than Bitcoin’s. However, CZ believes $BTC could reach $1 million much sooner than 25 years from now.

Bitcoin Could Be Ready for the Quantum Threat

Researchers at StarkWare have developed a way to make Bitcoin transactions more resistant to potential attacks from quantum computers, without changing the Bitcoin network.

The method uses features that already exist in Bitcoin. For now, it requires a lot of computing power, so it is not ready for widespread use.

Still, the research suggests that Bitcoin could potentially be protected from quantum threats before any major protocol upgrade is needed.

Nvidia $NVDA beats expectations with $96.2 billion in Q2 revenue.

Nvidia Employees Are Getting Rich From Their Stock

A recent internal survey of more than 3,000 Nvidia employees found that around 76–78% of respondents have a net worth above $1 million. Nearly half reportedly have more than $25 million.

A big reason is $NVDAB stock. Many employees received company shares as part of their compensation and were also able to buy shares at a discount. As Nvidia’s stock price surged, those shares became worth millions.

Is Bitcoin Finally Turning Bullish?

CryptoQuant CEO Ki Young Ju now thinks Bitcoin’s bearish phase may be coming to an end.

The Bull-Bear Market Cycle Indicator has moved out of the bearish zone, suggesting that market conditions are starting to improve. It’s a positive sign, but we still need to see strong demand and sustained price growth for confirmation.

$24M Crypto Ponzi Scheme Could Lead to 280 Years in Prison

A U.S. jury has found the owner of Profit Connect guilty of running a $24 million crypto Ponzi scheme that affected at least 400 investors.

He promised returns of up to 30% per year, claiming they came from AI, crypto mining, and powerful computers. In reality, money from new investors was used to pay earlier investors, cover company expenses, and fund personal spending.

He was convicted on 15 charges, including fraud and money laundering. He could face up to 280 years in prison, with the final sentence expected on November 30.

Nearly $1M for a Telegram Number

An anonymous Telegram number, was sold for 666,666 GRAM, worth around $995,000 at the time of the sale.

That’s almost $1 million for a single Telegram number. The value of digital collectibles can still reach some surprising levels.

What If We Just Delete the U.S. Debt? 😂

A New York Times contributor has suggested a rather unusual idea for dealing with the U.S. national debt: bringing back “amargi,” an ancient Sumerian practice of canceling debts.

Around 2400 BC, Sumerian rulers used debt cancellations when debt became too heavy for the economy. Basically: too much debt → cancel it → start again.

Bitcoin Could Make History This August 📈

Bitcoin is up 25.77% this August, making it one of the strongest August performances in its history.

If $BTC holds around these levels until the end of the month, August 2026 would rank as the 3rd best August ever, behind only 2017 and 2013.

That is especially notable because August has historically been a weak month for Bitcoin, with a median return of around -7.5%.

Could this be the early stage of a new altcoin season?

After Trump’s latest crypto-related statements, altcoins saw a strong move. From August 19 to 22, the total altcoin market cap jumped by more than 24%, adding around $215B. Total2, which tracks the crypto market excluding Bitcoin, also moved back above $1T. Mid- and small-cap coins were among the strongest performers.

Another important signal: 56% of altcoins are now trading above their 200-day moving average, compared with only 15–20% before. CryptoQuant analysts see this as a possible sign that the market is entering a new phase.

Bitcoin’s Biggest Weekly Move Yet 📈

Bitcoin just recorded one of its biggest weekly moves, gaining $14,834 (+23.58%) and closing the week at $77,734.

Market sentiment also changed quickly. The Fear & Greed Index climbed to 78, its highest level since December 2024. At the same time, U.S. spot $BTC ETFs saw $1.92B in inflows, the strongest weekly inflow since October 2025.

Institutional demand is clearly picking up again. With $80,000 now in focus, continued ETF inflows and favorable liquidity could open the way toward $85K–$90K, with $100K becoming the next major target.