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They said it was all a lie.

They said it would collapse.

They said there were no reserves.

Tether's first audit is here: https://tether.io/news/tether-completes-the-largest-inaugural-financial-audit-in-history/
NEW: ๐ŸŸ  CFTC to discuss crypto Regulatory Clarity on Aug 20.

"Action to complement future congressional legislation."

Source: https://x.com/BitcoinArchive/status/2087947905852133743
JUST IN: U.S. accuses Japan, Canada, Mexico and 40+ other countries of helping China dodge tariffs, per FT.

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๐Ÿ‡จ๐Ÿ‡ญSwitzerland's largest bank UBS increases spot Bitcoin ETF holdings by 230% to $90 million.

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BULLISH: ๐ŸŸ  Clarity Act will spark next institutional wave โ€” Bullish CEO

โ€œThe closer we get to elections, the harder it will be to compromise.โ€

โ€œClarity Act approval odds donโ€™t look good.โ€

Source: https://x.com/BitcoinArchive/status/2087924966314369265
JUST IN: ๐ŸŸ  Publicly traded #Bitcoin mining company Riot Platforms $RIOT has sold 4,300 BTC to fund operational needs and data center expansion, and now holds a total of 11,380 BTC.

Bitcoin 100 Ranking: 13

Source: https://x.com/BTCtreasuries/status/2087894185164886208
JUST IN: The S&P 500 closed at a record high as fears of Fed tightening eased.

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JUST IN: ChatGPT desktop is rolling out Computer History to remember your app and browsing activity for more personalized chats.

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Scalping is one of the fastest trading styles in the financial markets. Instead of holding positions for days or weeks, scalpers look for tiny price movements over minutes or seconds. While this fast pace eliminates overnight risk, it makes traders highly vulnerable to sudden daytime news. A single unexpected data release can spark volatility, sometimes leading to price jumping beyond the stop-loss levels.

Find out more about scalping here: https://www.fpmarkets.com/education/trading-guides/what-is-scalping-in-trading/
Scalping is one of the fastest trading styles in the financial markets. Instead of holding positions for days or weeks, scalpers look for tiny price movements over minutes or seconds. While this fast pace eliminates overnight risk, it makes traders highly vulnerable to sudden daytime news. A single unexpected data release can spark volatility, sometimes leading to price jumping beyond the stop-loss levels.

Find out more about scalping here: https://www.fpmarkets.com/education/trading-guides/what-is-scalping-in-trading/
US Dollar Index Chart of the Day

#FPMarkets #chartoftheday #USD #DXY #technicalanalysis
JUST IN:๐Ÿ‡บ๐Ÿ‡ธ SEC canceled its August 14 meeting on a new digital asset securities framework.

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Bitcoin miners dumped 28,000 BTC worth $1.78 BILLION this year, an overlooked force behind the 27% crash.

It now costs around $74,000 to mine one Bitcoin, well above the $63,000 price, squeezing miners into selling.

๐Ÿ’ง Rainbet.com the #1 Non-KYC Crypto Casino @rainbetcom
JUST IN: White House reports $19Bโ€“$26B in annual tariff losses from goods transshipped to dodge duties.

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JUST IN: RedotPay's $4B US IPO faces risk after Binance affiliates filed a $472.8M lawsuit alleging user diversion, per Bloomberg.

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NEWS: ๐Ÿ‡บ๐Ÿ‡ธ White House to host gathering for crypto industry officials next week, POLITICO reports ๐Ÿ‘€

Source: https://x.com/BitcoinMagazine/status/2087996586076836278
JUST IN: Citi CEO Jane Fraser says she wants the CLARITY Act to pass, though she's still pushing for changes to its stablecoin yield provisions.

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Hi everyone, and have a great Friday! ๐Ÿ‘Œ
JUST IN: ๐Ÿ‡ฎ๐Ÿ‡ฑ Israel's largest bank is entering Bitcoin.

Bank Leumi will allow customers to buy, hold and sell Bitcoin directly through its banking app.

The service is expected to launch in early 2027 ๐Ÿ‘€

Source: https://x.com/BitcoinMagazine/status/2088239261640278296