Thinking Crypto News & Interviews

CRYPTO FLASH CRASH! SCOTT BESSENT BITCOIN RESERVE & CITIGROUP STABLECOINS!

Aug 15, 2025
The cryptocurrency market experiences a dramatic flash crash, leaving investors on edge. US Treasury Secretary Bessent discusses the government's stance on Bitcoin, highlighting obstacles in acquiring it as a reserve. Meanwhile, Citigroup makes headlines with plans to expand into crypto payment services and custody solutions. Whale activity drives market trends as investors react to volatility. Innovative trading tools are emerging, simplifying user experience and enhancing access to decentralized applications, signaling a promising future for the industry.
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ADVICE

Stay Patient Through Volatility

  • Be patient and expect volatility during the bull market rather than panic at pullbacks.
  • Focus on macro view and support levels instead of short-term price noise.
INSIGHT

Institutions Are Accumulating Bitcoin

  • Institutional accumulation continues, highlighted by BlackRock's large ETF buys that show long-term demand.
  • Edward sees these steady inflows as evidence institutions anticipate higher prices ahead.
INSIGHT

US Won't Buy Crypto Now

  • Treasury Secretary Scott Bessent said the US will not buy crypto but will use confiscated assets to set up a Bitcoin reserve.
  • Edward argues buying crypto via Congress is politically and logistically difficult right now.
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