Bitcoin No Longer Oversold, Says Fairlead Strategies’ Katie Stockton

Bitcoin is no longer oversold but there’s still time to buy, according to Fairlead Strategies’ Katie Stockton. 

Speaking on Tuesday to CNBC, the financial research firm’s managing partner said that Bitcoin cleared its 200-day moving average back in May, meaning that a potential breakout could be coming. 

Bitcoin started rallying last week on news that the Treasury would at least double the size of its liquidity-support buyback operations. It’s up over 22% over a seven-day period, and was recently trading for $78,915. The coin traded above $81,000 on Monday. 

JUST IN: Fairlead Strategies founder tells CNBC Bitcoin is “not over bought yet, so that’s the good thing.”

“We’re…

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Kraken Says Users Received ‘Dust’ From Sanctioned HTX Wallet

Crypto exchange Kraken clients were reportedly locked out of their accounts after receiving tiny amounts of sanctioned digital coins. 

In a statement to Bitcoin Magazine, Kraken said the coins were transferred in what is known as a “dust attack” — when small quantities of cryptocurrency is sent to numerous wallet addresses to track and de-anonymize them.

Kraken said the aim of the transactions was to trigger compliance checks by spreading sanctioned funds onto other platforms. Bloomberg first reported the news. 

“We don’t know who is behind these attacks, but they likely expect that if sanctioned funds land in a client account, it triggers a full account lock, causing…

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US Opens A New Front Against Iran’s Crypto Economy

The U.S. this week closed in on Iran, further targeting its crypto-related methods of dodging sanctions in a new economic campaign against the country. 

In a Monday announcement, the U.S. Department of the Treasury said it had placed Iran’s digital asset sector under the same sanctions authority it has long used against the country’s oil, banking and metals industries. 

.@SecScottBessent: “This is a sustained campaign to collapse every last option for Iran. Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American…… Read more on BitcoinMagazine

Human Rights Foundation Announces Support For 17 Projects

The Human Rights Foundation has announced support for more projects around the globe, this time giving over 600 million satoshis — worth $472,807 at today’s prices — in grants to 16 projects based in Africa, Asia, and Latin America. 

Coming from the HRF’s Bitcoin Development Fund, the grants will help projects that want to strengthen the Bitcoin protocol, expand practical Bitcoin access and facilitate secure messaging and community infrastructure for dissidents, among other things, according to the NGO. 

The grants are the second round of funding to come in 2026, after the NGO announced it had supported 26 projects in April. HRF said the funding works to reinforce…

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Bitcoin Tops $81,000. Is The Debasement Trade Back?

Bitcoin soared past $81,000 for the first time since January on Monday before dropping slightly. The recent moves have market observers asking if the debasement trade is back. 

The biggest cryptocurrency was recently trading for $79,098 on Tuesday morning in New York after hitting $81,160 the evening before. Over a 24-hour period, the coin now sits unmoved. But zoom out seven days and it has jumped by 23%. 

Bitcoin has benefited from news that the Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited. 

This has some asking whether 2025’s much talked about debasement…

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Cypher Tank Returns To Lugano, Expanding Its Bet On Bitcoin Founders

Cypher Tank is back. 

Applications for 2026’s Bitcoin-focused pitch competition are now open after last year’s event drew over 4,000 participants from 64 countries. 

Like 2025’s event, the format, promoted and funded by the Plan ₿ VC Fund and the Plan ₿ Foundation, pairs a “Shark Tank”-style negotiation format with a documentary-style production, filming real pitches, deals and judge deliberations for release as an online series. 

This year’s edition expands the finalist field to 12 projects — eight for-profit and four nonprofit — up from last year’s eleven, with founders competing to negotiate direct investment from a panel of judges known as the…

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UK Banks Still Blocking Bitcoin, Policy Group Tells Parliament

Bitcoin Policy UK has slammed British banks for applying blanket restrictions to lawful bitcoin activity. 

The organization said in an announcement Friday that it had submitted evidence to the Crypto and Digital Assets APPG’s parliamentary inquiry into banking access, revealing that no improvements had been made over the past three years in how banks treat bitcoin activity. 

The issue: UK policy treats “crypto” as one thing, so bitcoin is caught by rules written for unbacked tokens and issuer-dependent stablecoins.

The British government has said since 2023 that banks should assess case by case rather than restrict by sector. The group says practice has not followed,…

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Strive Stock Soars After 1,110 Bitcoin Buy

Strive, Inc. bought 1,110 bitcoin last week, the Dallas-based company’s largest single-week purchase in months, lifting its treasury to 21,356 coins, according to Monday filing. 

The company’s stock (Nasdaq: ASST) soared following the news, with shares trading over 7% higher on Monday. Strive is an asset manager which rebranded in 2025 as the first publicly traded asset-management bitcoin treasury company. In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another publicly traded Bitcoin treasury company. 

An 8-K filing with the Securities and Exchange…

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Bitcoin Rally Accelerates, With $80,000 In Sight

Bitcoin’s price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October. 

The leading cryptocurrency was recently trading more than 2% higher over a 24-hour period after flying past $79,155. It earlier on Monday morning in New York reached as high as $79,954. 

Over the past week, the coin has risen 25%. Its rise comes after a sluggish June and July when it mostly traded below $65,000. 

Last week, U.S. investors reversed course and bought up shares in the Bitcoin ETFs, which had their best week since October, when bitcoin notched its record of $126,080. Data from Farside Investors shows that the funds — managed…

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Strategy Skips Bitcoin Buy, Establishes New Dollar Reserve

Bitcoin treasury Strategy has established a new cash reserve that it will use to buy Bitcoin, according to a Monday filing. 

The Nasdaq-listed company said it not only had increased its typical cash buffer to $5.1 billion but also created another pot of $1.59 billion which it may use to buy bitcoin and stock. 

Strategy has not bought bitcoin since June, instead focusing on stock buy-backs and creating a cushion — as well as occasionally selling bitcoin. 

Strategy increased USD Reserve to $5.10B, established additional USD Cash of $1.59B, and repurchased $136M of $STRC. As of 8/23/26: Strategy holds ~4% of Total BTC Supply and has ~0% Net Leverage. $MSTR…

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