Crypto World
Breaking Down the Ending of ‘The Whisper Man’
Complicated father and son relationships
The “Whisper Man” and his latest victim both come from families with sad father-and-son relationships.
Frank Carter arguably targeted young boys because he was sexually abused by his own father and wanted to do the same to other children as revenge. He would specifically go after children who lived in difficult family situations. His son, Francis Jr., is following in Frank’s footsteps, trying to be like a father he never got to know. “He’s looking for his father’s approval,” says North.
Tom and his son clash because they are mourning Tom’s wife and Jake’s mother—who died after a long illness—in different ways. For a fresh start, Tom moves the family to a new house and a new school in New Jersey. Jake, on the other hand, is slower to move on, carrying around what he calls a “packet of special things,” filled with doodads and pictures that belonged to his mother. Tom is also frustrated that Jake prefers to play with an imaginary girl in a blue sweater rather than make real human friends, and they get into disagreements in the movie over that.
Justin Sun’s recent X post in which he accused a famous Chinese actress of reneging on a shady cash-for-eggs deal has caused waves in China — but perhaps not in the way that the crypto billionaire might have expected.
While for many in the English-speaking world, the most awkward and unsettling part of the story was Sun’s apparent treatment of and relationship with Jing Tian, what’s captured the public imagination in China is how much he’s relied on AI to make both his personal and business decisions.
Sun claims that he sought out Jing after a decades-long crush and paid her 30 million yuan to get her eggs.
However, he says that she subsequently demanded more money. At this point, he consulted Claude, which told him to call off the deal.
Now he’s suing her.
Read more: Is Justin Sun mixing HTX’s reserves with Poloniex?
Should Sun have used Chinese AI?
Sun’s also walking back the claims made in his story and is defending his use of AI.
In an interview with the Phoenix Network, Sun suggested that he’s using Claude “for business decisions worth tens of millions of dollars every day” and allowing it to perform “regular audits” of his companies.
It’s unclear if he implements these decisions without additional human input or offers the audits as factual without getting them double checked by a professional auditor.
At the end of the interview, Sun seemed to not know if publishing the story was a mistake or not, seemingly blaming Claude for telling him to cut off Jing.
Phoenix Network asked Sun if perhaps his personal life wouldn’t be getting meshed with his business affairs if he had used a Chinese AI instead.
The billionaire didn’t have an answer.
Read more: Justin Sun’s NFT marketplace managed just four sales last month
While Sun’s apparently doing everything he can to keep his name in the headlines, Jing has taken a different approach, denying Sun’s claims twice — once through her studio and once on her personal account.
Both denials have been brief and discussed settling the matter in court.
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Crypto analyst Sykodelic says Bitcoin has now cleared roughly 80% of the technical conditions needed to confirm that its recent low is in, with the final answer likely to arrive in the next few days as the weekly and monthly candles close.
Whether BTC can close above $82,700 in that window will decide if the bottom has locked in for good or if there is still room for one more drop toward $75,000 first.
Where the Confirmation Case Stands
In a post on August 28, Sykodelic laid out which boxes have already been checked. For one, Bitcoin has reclaimed the $67,000 local structure level and the $74,400 higher-timeframe structure level.
It has also moved back above its daily 200 SMA and EMA, reclaimed its weekly 50 EMA, and pushed its daily RSI above 85, something the analyst says never happens during a bear-market bounce.
What is still missing is a weekly close above the 50 SMA at $82,000, a weekly close above the Supertrend line at $79,000, a higher low set above $82,700, and a monthly close above $76,463.
“Bitcoin has put in 80% of the data needed to confirm the low,” Sykodelic wrote. “However, for this low to be undeniable, we need to close above $82,700.”
The analyst mapped out two paths from here: a push back above $82,000 this week could send price toward $90,000 quickly, while chopping below the aforementioned $82,700 could mean there’s still one more leg down to around $75,000 to go before that level eventually gets taken out.
In another post, the analyst added that he’d seen another bottom signal. Short-term holder MVRV Bollinger Bands have entered an overheated zone for the first time since November 2024. He pointed out that similar readings appeared near the ends of the 2018 and 2022 bear markets and described the latest reading as the third-largest in nine years.
He also described the broader setup as healthy on multiple fronts, with funding rates having eased even as prices pushed higher, open interest cooling off and stabilizing instead of piling on leverage, and the Coinbase premium turning positive for the first time in three and a half months. Additionally, spot volume has stayed strong throughout.
How We Got Here
Bitcoin broke above $65,000 roughly two weeks ago, as CryptoPotato reported, then ran to $70,000 within hours and touched almost $80,000 by that Friday before slipping to $75,500 over the weekend.
It found buyers there, climbed past $81,000 for the first time since mid-May, dipped back under $78,000, and has since recovered to trade just under $79,000. At the time of writing, the primary crypto was up by slightly over 1% in 24 hours and more than 5% across seven days, per CoinGecko data. It was also up nearly 24% over 30 days, although it is still about 36% below its October 2025 all-time high.
If you are interested in learning more about the current market rally and a major Bitcoin protection development, check out the video below.
The post These Four Signals Could Confirm if Bitcoin’s Low Is Locked In: Analyst appeared first on CryptoPotato.
Bitcoin’s rather stable price moves over the past day or so were disrupted after Kevin Warsh finished his speech at Jackson Hole, as the asset slumped by a few grand in an hour.
Its move south dragged many altcoins with it, resulting in over $200 million in liquidated positions at one point, according to data from CoinGlass.
BREAKING: Bitcoin falls -$3,000 in 60 minutes as $200 million worth of levered longs are liquidated. pic.twitter.com/6FuQCUnzeu
— The Kobeissi Letter (@KobeissiLetter) August 28, 2026
The primary cryptocurrency traded at around $79,500 before the speech began, dipped to $78,500 during, and returned to its starting point after its completion. However, the market reacted in the following hour or so, as it mimicked Wall Street.
During his first speech at the helm of the US Federal Reserve, Warsh remained hawkish while the markets expected him to follow the example set by US Treasury Secretary Scott Bessent.
Instead, he reaffirmed the Fed’s 2% inflation target and called it “firm and fixed.” He believes the current figures of around 3.7% remain too high.
Although there was no official confirmation that the central bank would hike the rates at the upcoming FOMC meeting next month, the odds on prediction markets increased.
Aside from BTC, most other large-cap alts turned red as well. Ethereum lost the $2,500 level after a 3% decline, while BNB slumped below $700. XRP has lost the most value from this cohort of assets, dumping by 5% to under $1.40.
Further losses are evident from ADA, XLM, and BCH. Bitcoin Cash has plunged by almost 9% daily to under $250.
In the video below, we discussed the potential impact of the Warsh speech on the markets.
The post Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? appeared first on CryptoPotato.
Strategy’s two-week pause in Bitcoin sales has removed a three-month sentiment barrier after the company disposed of 6,948 BTC between late May and early August, according to Bitfinex analysts.
Summary
- Strategy reported no Bitcoin transactions for a second consecutive week.
- The company raised $2.01 billion by selling MSTR shares instead.
- Its 840,447 BTC are profitable with Bitcoin trading above the $75,385 average cost.
- Bitfinex said the earlier sales affected market sentiment more than Bitcoin’s available supply.
Bitfinex analysts said in an Aug. 28 report that Strategy’s 6,948 BTC in disposals were small compared with daily spot trading volume, but the company’s status as the largest corporate Bitcoin holder gave each weekly sale added weight among traders.
“The largest corporate holder is selling” became a recurring bearish argument between May and August, the analysts said. Although the sales did not create a large supply shock, each Monday filing left open the possibility that more coins could reach the market.
Strategy’s latest Form 8-K, covering Aug. 17 through Aug. 23, reported no Bitcoin purchases or sales. The filing was the second consecutive weekly disclosure with no change to the company’s 840,447 BTC balance.
With Bitcoin trading near $78,700, Strategy’s holdings have also moved above their average acquisition price of $75,385. The company paid about $63.36 billion for the position, including fees and expenses, placing its current value near $66 billion at the price cited by Bitfinex.
Strategy’s 6,948 BTC sales carried more symbolic weight
Strategy began selling Bitcoin in late May, ending a multiyear period during which its treasury had largely moved in one direction.
As crypto.news reported in June, the first transaction involved 32 BTC sold at an average price of $77,135. The disposal raised about $2.5 million and represented only 0.0038% of the company’s holdings at the time, but it was Strategy’s first reported Bitcoin sale since a tax-related transaction in December 2022.
Executive chairman Michael Saylor had prepared investors for the possibility during Strategy’s first-quarter earnings call. After the company reported a $12.54 billion net loss, driven mainly by unrealized losses on its Bitcoin holdings, Saylor said Strategy would “probably sell some Bitcoin to fund a dividend” and “inoculate the market.”
Larger disposals followed as Bitcoin remained under pressure during the summer. Strategy sold 3,588 BTC for approximately $216 million in early July to fund dividends tied to its preferred securities. It later sold 1,638 BTC for $104.73 million during the week ending Aug. 2, followed by another 1,690 BTC for $108.6 million through Aug. 9.
The company used the later proceeds for STRC dividends and repurchases. Its Aug. 10 filing showed that the entire $108.6 million generated from the 1,690 BTC sale went toward buying back roughly 1.15 million STRC shares.
By early August, the accumulated sales had reduced Strategy’s reserve to 840,447 BTC. Bitfinex calculated that all disposals from late May through early August totaled 6,948 BTC and generated about $432.5 million.
Against daily Bitcoin spot volume, the analysts described the amount as “a rounding error.” Market attention instead centered on whether preferred-stock obligations could turn Strategy into a recurring seller whenever its other funding channels weakened.
MSTR issuance has replaced Bitcoin as the funding source
Rather than sell more Bitcoin, Strategy raised about $2.01 billion in net proceeds by issuing approximately 18.26 million MSTR common shares between Aug. 17 and Aug. 23. The total was around six times the amount raised during the previous reporting week.
Strategy spent $136.4 million of the proceeds to repurchase about 1.43 million STRC shares below their $100 stated amount. Another $300 million went into its U.S. dollar reserve, increasing that balance from $4.8 billion to $5.1 billion.
The remaining $1.59 billion was deposited into a newly created cash account. Combined with the existing reserve, the two accounts held approximately $6.69 billion as of Aug. 23.
During the same period, Strategy bought no Bitcoin. The company has now raised roughly $2.35 billion through MSTR issuance across two weeks without directing any of the proceeds into BTC, according to the Bitfinex report.
Capital has instead gone toward preferred-stock repurchases, dividend coverage, and additional liquidity. Management designed the dollar reserve to cover payments on Strategy’s preferred shares and outstanding debt, reducing the need to sell Bitcoin when recurring cash obligations come due.
The latest allocation follows an earlier no-sale week in which Strategy raised $333.7 million through MSTR issuance. Of that amount, $149.1 million entered the dollar reserve, $132.2 million funded STRC repurchases, and $52.4 million covered STRC dividends.
Bitfinex said the pattern indicates that management currently prefers issuing common stock before disposing of additional Bitcoin. With the reserve now providing close to three years of payment coverage, the analysts viewed another BTC sale as less likely unless STRC suffers severe price pressure and other funding options become less attractive.
Strategy remains neutral rather than a Bitcoin buyer
The end of weekly sales has not yet restored Strategy’s former role as a steady source of Bitcoin demand.
Over the past two reporting periods, the company neither bought nor sold BTC, leaving its position unchanged at 840,447 coins. Bitfinex, therefore, described Strategy as neutral rather than an active buyer.
Bitcoin now competes with several uses for the capital raised through MSTR issuance. Strategy can direct the funds toward STRC repurchases, preferred dividends, debt payments, its dollar reserve, the new cash account, or additional Bitcoin purchases.
President and chief executive Phong Le has said the company expects to resume accumulation during 2026. In August, Le linked future purchases to STRC recovering toward its $100 stated amount, where Strategy could issue additional preferred shares on better terms.
“We’ll continue to build that. And yeah, when Stretch gets back to par, we’ll issue more. We’ll buy more Bitcoin,” Le said during an earlier interview.
Strategy has not provided a date or amount for its next purchase. Its filings show that supporting STRC and building cash have taken priority while the preferred stock remains below the level management wants to maintain.
Bitfinex also identified dilution as a remaining risk for MSTR holders. Issuing common shares when the stock trades at a reduced premium to the company’s Bitcoin value can weaken the Bitcoin-per-share measure that Strategy uses when discussing shareholder performance.
A renewed Bitcoin decline toward the low-$60,000 range could also tighten the company’s financing position, according to the analysts. During the summer sell-off, a weaker BTC price pushed Strategy’s holdings below cost while lower MSTR prices made common-share issuance more dilutive.
U.S. investors face exposure through MSTR and STRC
Strategy’s capital decisions directly affect U.S. investors because MSTR and STRC trade on Nasdaq, while the company reports its weekly Bitcoin and securities transactions through filings with the U.S. Securities and Exchange Commission.
MSTR investors gain indirect Bitcoin exposure through a public company, but their returns can differ from BTC’s performance because Strategy also issues common stock, pays preferred dividends, services debt and repurchases securities. Preferred shareholders rank ahead of common shareholders for dividend payments and certain claims.
The latest filing showed that Strategy sold MSTR at an average price of about $110 per share, up from approximately $96 during the previous week, according to Bitfinex. The higher price allowed the company to raise more cash per share while Bitcoin’s recovery placed its remaining treasury above its average acquisition cost.
STRC remains another factor in the company’s capital plan. Strategy designed the variable-rate perpetual preferred stock to trade near $100 and has maintained its annualized dividend rate at 12% for August while conducting regular repurchases below the stated amount.
What to know about King Haakon VIII and his wife, Mette-Marit
As the only son of Harald and Sonja, Haakon somewhat broke with tradition in his younger years when he moved out of the country to attend the University of California, Berkeley, where he obtained a BA in political science in 1999.
Haakon wed Mette-Marit Tjessem Høiby in 2001, a non-royal and single mother of Marius Borg Høiby.
The couple welcomed their first child together, Ingrid Alexandra, in 2004 and had their son, Sverre Magnus, a year later.
Marius Borg Høiby, Mette-Marit’s eldest child, was found guilty of two counts of rape and was sentenced to four years in prison in June.
In recent years, Mette-Marit has suffered with poor health, after being diagnosed with a chronic lung disease—what the palace referred to as an “unusual variant of fibrosis”—in 2018.
In July, Mette-Marit shared a statement upon being discharged from hospital after undergoing a lung transplant. “It has given me the gift of life, and words fall short when I try to describe how grateful and humble I am for this,” she said of the surgery.
Federal Reserve Chairman Kevin Warsh testifies during a Senate banking committee hearing on Capitol Hill, in Washington, July 15, 2026.
Ken Cedeno | AFP | Getty Images
Kevin Warsh’s keynote speech at the central bank’s annual symposium in Jackson Hole, Wyo. has altered investors’ outlook for an interest rate hike in September after the Fed chairman said he was committed to fighting inflation.
Traders on prediction market platform Kalshi now believe there are 48% odds that the Fed will hike rates by 25 basis points. Before Warsh’s speech, odds that the central bank would maintain the status quo in September were nearly 70%. ‘
Traders of fed funds futures now see a nearly 56% chance of a quarter-point hike in September, per the CME’s FedWatch tool. And on Polymarket, speculators indicated 49% odds that the Fed raises rates.
After the Fed’s July meeting, investors were fairly certain of a rate hike in September, especially considering that three members of the Federal Open Market Committee disagreed with the majority’s decision to keep interest rates steady. Those three members, instead, argued rates needed to move higher in response to elevated inflation.
But odds for a rate hike in September declined in the past month after a weaker-than-expected employment report showed the U.S. lost jobs in July, and that inflation — while remaining above the Fed’s 2% target — cooled.
Warsh directly addressed those data reports in his Friday speech, but cautioned the central bank needed to see more. “While this summer’s [inflation] readings were better than expected,” he said, “they do not tell me that underlying trends have meaningfully improved,” Warsh said.
Addressing the situation more directly Warsh said, “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do. That’s our job, our mandate and our charge to keep.”
In response, short-term yields rose, with the 2-year Treasury yield, which closely follows short-term rate decisions by the Fed, hitting its highest level since late July.
The Fed’s rate decision is Sept. 16.
Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.
Solana’s first network-wide vote went down to the wire, with a Kraken-linked validator switching sides before the disinflation proposal narrowly passed.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Amid market volatility, ETF inflows have maintained institutional investor interest, while UE Crypto provides XRP holders with an alternative cloud-mining option.
Summary
- Cumulative net inflows into XRP spot ETFs reached a record $1.637 billion, showing continued institutional demand despite weakness in XRP price.
- XRP ETFs recorded about $18.47 million in daily inflows on Aug. 27 even as the token declined, creating a divergence between ETF demand and spot price performance.
- XRP price movements remain influenced by ETF flows, whale activity, onchain capital movements and overall crypto market sentiment.
- UE Crypto promoted its cloud mining contracts as an alternative for XRP holders seeking returns outside price appreciation, with advertised daily payouts varying by contract.
Cumulative net inflows into XRP ETFs have reached a record high of $1.637 billion. However, XRP’s price has not surged accordingly and has instead experienced a pullback, further increasing investor caution.
What is the best strategy for XRP?
If you do not currently hold XRP, there may be limited reasons to purchase it as long as its trading costs remain at such low levels.
Its price may still fluctuate due to market sentiment or macroeconomic factors. However, for holders, there is currently no direct mechanism that allows Ripple’s success or the adoption of the XRPL to automatically translate into personal returns.
Regardless of whether this approach is reasonable, the token’s price could potentially rise significantly in response to catalysts. In particular, the U.S. Senate is expected to vote in mid-September on advancing the Clarity Act. If the bill is ultimately signed into law, it could provide a major boost to the broader cryptocurrency industry, particularly tokens such as XRP that are oriented toward institutional users.
Therefore, the answer depends on your holdings. Unless Ripple makes changes that link XRP’s value more directly to activity on its blockchain, such as through a shared-fee system or new buyback or token-burn mechanisms, Ripple’s new transactions may continue to make headlines without having a lasting impact on the price of XRP.
Historical data shows that sustained inflows into XRP ETFs can generally improve market sentiment. However, as of August 27, daily inflows into XRP ETFs reached as much as $18.4706 million, representing a significant increase, while XRP’s price declined. This divergence highlights an imbalance between supply and demand in the spot market and may affect institutional participation in the sector.
Against this backdrop, an increasing number of investors have begun turning their attention to the UE Crypto cloud-mining platform, exploring potential sources of returns beyond simply holding digital assets. Cloud mining provides a different approach to generating potential digital-asset returns compared with strategies based primarily on price speculation, including during periods of short-term price volatility.
After experiencing a downturn lasting approximately 20 months, the XRP market is gradually showing renewed momentum. Unlike the relatively passive and orderly nature of ETF inflows, XRP’s recent gain of more than 40% suggests that major market participants have been actively involved.
Therefore, XRP’s current price movement cannot be attributed solely to ETF inflows. Multiple factors, including ETF fund flows, “whale” activity, on-chain activity, and overall market sentiment, may collectively have a significant impact on XRP’s subsequent price performance and broader market trend.
XRP price volatility makes UE Crypto cloud mining an alternative option
As market volatility increases, more investors are seeking ways to participate in digital assets beyond straightforward price speculation. UE Crypto provides a cloud-mining solution based on sustainable energy, offering investors a more structured channel for exploring the digital-asset ecosystem while potentially expanding diversified sources of returns alongside their interest in XRP’s long-term value.
Through cloud mining, users can participate in the operation of blockchain infrastructure and receive returns according to predetermined rules, creating a cash-flow-oriented participation model without the need to deploy dedicated mining hardware or possess advanced technical expertise.
Compared with traditional mining models, cloud mining can reduce the burden associated with purchasing mining equipment, arranging electricity supply, maintaining hardware, and managing day-to-day operations. The platform handles computing-power allocation, technical maintenance, and related management, while users can select an appropriate computing-power plan according to their needs and monitor relevant operational and return data through an automated system, allowing them to participate in digital-asset mining in a more convenient manner.
About UE Crypto
UE Crypto was established in 2015 and is headquartered in the United Kingdom. It states that its operations follow relevant European regulatory frameworks, including the Markets in Crypto-Assets Regulation (MiCA) and the Markets in Financial Instruments Directive II (MiFID II), while continuing to improve transparency, operational standards, and user-protection mechanisms.
In terms of security and compliance, the platform states that it has adopted the following measures:
- Annual financial and security audits conducted by PwC
- Custodial digital-asset insurance provided by Lloyd’s
- Enterprise-level security solutions from Cloudflare and McAfee®
- Bank-level data encryption and professional security infrastructure to provide multiple layers of protection for user assets and accounts
Currently, UE Crypto supports a range of major crypto assets, including XRP, BTC, ETH, USDT, BNB, ADA, USDC, DOGE, LTC, and SOL, providing users with more flexible ways to participate in digital-asset services.
Start cloud mining in three steps
Step 1: Register an account
Step 2: Choose a mining package
Select an appropriate cloud-mining contract based on your budget, preferred participation period, and specific requirements, then activate the mining service with one click.
Step 3: Start receiving returns
Once the contract is activated, the system automatically allocates computing power and settles returns to the account on a daily basis. Users can withdraw or reinvest these returns at any time.
Popular UE Crypto Contracts
BTC (Beginner Experience Contract)
Investment: $100；
Term: 2 days；
Daily return: $4；
Total at contract maturity: $100 + $8
Dogecoin (DOGE, Digital Intelligent System Contract)
Investment: $500；
Term: 5 days；
Daily return: $6.25；
Total at contract maturity: $500 + $31.50
BTC (Super Computing System Contract)
Investment: $1,000；
Term: 10 days；
Daily return: $13.10；
Total at contract maturity: $1,000 + $131
LTC (Algorithm-Driven System Contract)
Investment: $5,000；
Term: 25 days；
Daily return: $72；
Total at contract maturity: $5,000 + $1,800
BTC (Quantitative Intelligent System Contract)
Investment: $10,000；
Term: 35 days；
Daily return: $158；
Total at contract maturity: $10,000 + $5,530
For more details regarding the contract plans, please visit the official UE Crypto website.
Conclusion
Continued net inflows into XRP ETFs further demonstrate institutional demand for and market interest in XRP. However, growth in ETF assets does not necessarily mean that XRP’s price will rise at the same pace. XRP’s current market performance remains influenced by multiple factors, including “whale” fund movements, on-chain capital flows, and overall cryptocurrency market sentiment.
For long-term XRP investors, in addition to continuously monitoring price movements and ETF flows, it may also be worthwhile to explore more diversified ways of participating in the digital-asset ecosystem. Through cloud mining and related digital-asset infrastructure, UE Crypto provides another channel for participating in the digital-asset ecosystem, allowing investors to remain focused on XRP’s long-term value while exploring potential diversified sources of returns and further developing their long-term asset-allocation strategies.
For more information, please visit the official website and download the app.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Microsoft Microsoft MSFT $ 515.39 $10.33 2.05% 16% IBD Stock Analysis Stock actionable as it approaches 513.73 entry above cup base MSFT Relative strength line at 7-month high IBD Composite Rating 98/99 Industry Group Ranking 6/197 Emerging Pattern Consolidation Consolidation A sideways pattern that doesn’t fit traditional base definitions. Sometimes will have a handle. * Not real-time data. All data…
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