RIOT DUMPED 4,300 $BTC IN Q2 – MINING COSTS NOW $91K PER BITCOIN AS AI PIVOT ACCELERATES
Riot Platforms sold 4,300 Bitcoin during Q2 2026 – following 3,778 BTC sold in Q1 – as production costs approached $91,000 per unit.
The damage:
· Treasury fell to 11,380 BTC · Q2 quarterly loss: $237 million · BTC trading below $64,000 makes mining unprofitable
The pivot: Riot is shifting part of its business toward AI data centers, agreeing to supply 191 megawatts of capacity to Anthropic under a 20-year contract worth $9.1 billion.
ETF picture not uniformly negative: Jane Street disclosed more than $1 BILLION in US spot Bitcoin ETF holdings as of Q2, including about $828 million in BlackRock's IBIT.
👇 Do you think miner selling will continue? Type YES or NO.
$BTC STUCK AT $64K AS OIL AND YIELDS OUTWEIGH GOOD CPI DATA – 30-YEAR TREASURY HITS 5.337%
Bitcoin is trading at $64,725, up just 0.3% – barely moving despite July CPI coming in soft at 0.1% month-on-month and September rate-hike odds dropping to about one-in-three.
The disconnect:
· Nasdaq fell 1.33%, S&P 500 down 0.69% – tech stocks sold off · 30-year Treasury yield hit 5.337% – HIGHEST since 2007 · Brent crude held near $91/barrel as U.S.-Iran talks remain stalled
Wintermute's take: "An asset that cannot rally on good news while its dedicated vehicles bleed is telling us the marginal seller is back".
The Iran factor: Strait of Hormuz ship transits collapsed from 31 the prior weekend to ZERO Sunday. The 60-day ceasefire expired and talks are stalled. Iran reiterated that the Strait will not return to normal operations until restrictions on its ports and oil exports are lifted.
👇 Do you think Bitcoin will break below $64K or hold? Type BREAK or HOLD.
SEC UNVEILS 'REG CRYPTO' – $75M RAISE PATH OPENS AS CLARITY ACT STALLS IN SENATE $BTC
The U.S. Securities and Exchange Commission just dropped a bombshell proposal called "Regulation Crypto Assets" – creating a formal fundraising framework for crypto projects while the CLARITY Act remains stuck in Congress.
Two exemption tiers:
· Tier 1: Eligible issuers can raise up to $5 million over four years · Tier 2: Projects can raise up to $75 million in any 12-month period
The game-changer: The proposal includes a conditional "safe harbor" – once a project team completes or permanently ceases its core managerial efforts, the token can become separated from its original investment contract.
SEC Chairman Paul Atkins: "This gives crypto entrepreneurs and market participants clear pathways to raise capital under federal securities laws".
The catch: Broader issues – token classification, SEC/CFTC jurisdiction, trading platforms, and DeFi – still require the CLARITY Act. If CLARITY fails to clear the 60-vote procedural threshold on September 15, the U.S. could enter a fragmented regulatory structure.
👇 Will the SEC's new rules help or hurt crypto innovation? Type HELP or HURT.
$JCT exploded +16.02% to $0.002738. This is a significant move, but pumps of this magnitude often correct sharply. The risk-reward favors a short entry with targets at $0.00255 and $0.00240.
$OPN gained +16.68% to $0.06030. The pump is impressive, but the structure shows weakening momentum. Sellers are likely to defend this level, and a drop toward $0.056 and $0.053 is probable.
$LA rose +16.79% to $0.05898. The move is sharp, but price is approaching a resistance zone that has held before. The risk-reward favors the downside from these levels. Targets for the short side are $0.055 and $0.052.
$APR surged +17.88% to $0.2176. The rally has pushed price into overbought territory, and volume is starting to dry up. This is often a sign that the move is losing steam. A correction toward $0.205 and $0.195 looks likely.
$PRL gained +18.92% to $0.4437. The move is impressive, but the momentum is fading near the highs. Candlestick patterns suggest weakening buying pressure. A pullback to $0.425 and $0.410 is highly probable as traders lock in profits.
$SOXS is up +20.09% to $44.72. This comes after a downtrend, so the rally could be a relief bounce rather than a trend change. The 24h high is being tested, and sellers are lurking above. A rejection here could send price back toward $42.50 and $40.00.
$1000RATS climbed +20.39% to $0.04941. The pump looks promising, but the structure reveals a classic trap for late buyers. Price is hitting a supply zone that has rejected rallies before. The smart money often sells into this strength. Expect a slide toward $0.046 and $0.043.
$CLO jumped +25.58% to $0.14571. The candle is large, but the follow-through is questionable. RSI is pushing extreme territory, and the price is stretching away from key moving averages. When you see this kind of vertical ascent, gravity tends to take over. Targets for the downside sit at $0.135 and $0.128.
$ACE rallied +26.43% to $0.22564. The move has been sharp, but volume is starting to taper off at the peak. This pattern often precedes a reversal. The structure shows price pushing against overhead supply, and sellers are likely to defend these levels. A move back toward $0.210 and $0.195 is within reach.
ALPINE/USDT – "Pump Alert – Short Opportunity Brewing"
Class, $ALPINE just surged +28.70% to $0.4040. This is a massive move in a single session. When we see pumps this aggressive, they often exhaust themselves quickly. Resistance is forming near the highs, and momentum indicators are flashing overbought conditions. A pullback toward $0.3800 and $0.3650 looks highly probable as profit-takers step in.
$JST is stuck in a ranging market between $0.0976 support and $0.1126 resistance, with momentum at 55/100. The structure is neutral, and the breakout is unconfirmed. This is a classic accumulation phase, but direction is unknown. I'd stay on the sidelines until we see a decisive move above resistance or below support.
$WLD is in a ranging market with weak momentum at -56/100. Support at $0.3352 and resistance at $0.3568 define the current range. The price is trading near resistance, which could offer a short opportunity if sellers step in. However, the breakout is unconfirmed, and volume is low. I'd wait for a clear signal before considering any position.
Entry zone: $0.3352 – $0.3568 (watch for breakout or breakdown) Targets: TBD after confirmation Stop loss: TBD
$BTC is the big one — and right now, it's in a ranging market between $61,210 support and $64,365 resistance. Momentum is weak at 58/100, and the market is showing no clear direction. However, support at $61,210 is very strong, and resistance at $64,365 is equally formidable. In similar past setups, Bitcoin has often broken out of these ranges with significant volatility. The question is: which way? I'm watching for a confirmed breakout or breakdown before making any move.
Support: $61,210 Resistance: $64,365
Big moves ahead — but wait for confirmation. Always DYOR.
$NOT is showing a bullish structure with momentum at 60/100, which is decent. Higher lows are forming, and resistance at $0.000402 is the key level to watch. A breakout above that could trigger a move higher. However, volume is very weak, which raises questions about the sustainability of the move. I'd wait for stronger buying pressure or a confirmed breakout before considering a position.
$BERA is in a ranging market with weak momentum and no clear direction. Support at $0.1396 and resistance at $0.1504 are the key levels to watch. This is a classic accumulation phase, but without a breakout, there's no trade to be made. In similar past setups, these tight ranges have sometimes led to explosive moves — but direction is always unknown until it happens. I'm waiting for a clear signal before acting.
$LIT is trading in a neutral range between $2.241 support and $2.438 resistance, with momentum at 55/100 — not particularly exciting. The price is sitting near support, which could offer a decent risk-reward entry if buyers step in. However, the breakout is unconfirmed, and volume is weak. I'd consider a long position only if we see a confirmed bounce off support or a breakout above resistance.
Entry zone: $2.241 – $2.438 (watch for bounce or breakout) Targets: TBD after confirmation Stop loss: TBD
$XPL is stuck in a very tight range between $0.074921 and $0.080106, with extremely weak momentum at -56/100. This is one of the quietest setups I've seen — volume is low, and the ranging market is showing no signs of life. This could be accumulation, or it could be a lull before another leg down. Either way, there's no active setup here. I'd stay on the sidelines until we see a decisive breakout or breakdown.