US

Fantomas4live

Yeah it's totally fucked up. Above all that support doesn't answer at all, that's not acceptable. And this is not normal, at least communicate with your clients. I always thought Kraken was top notch, and may still be for the US market; but the new owners/holders in the German Holding are shit. Never gonna use them again, fuck that noise. Went with OKX now, new account, did already 3 buys with them, all went smooth. As it should be. So the stupid excuse from them "blocking withdraws for 90 days" and needing 1 month for chancel the pending transaction is pure bullshit, OKX is also in EU so they have to apply the same laws.

DePraelen

Well, that's difficult because then we move into "fog of war" territory. [Iran certainly claims that they have,](https://www.forbes.com/sites/siladityaray/2026/04/23/us-navy-seizes-another-iranian-oil-tanker-after-iran-said-it-banked-first-tolls-from-ships-crossing-hormuz/) and some ships were successfully moving through the blockade with their transponders off. Whether or not that's because Iran consented, who knows. On top of that I have to imagine it's not like these companies want to be broadcasting that they have paid the toll. Nor would the US want this to be public.

DePraelen

[The toll to pass the strait was ~2million USD per ship](https://www.forbes.com/sites/digital-assets/2026/04/08/will-be-destroyed-irans-bitcoin-toll-sparks-100k-price-prediction/) when it first happened back in March and April. We aren't talking about small amounts of money, given how many ships transit the strait. No idea what it is now, or if they are still able to charge it given the US's moves since.

Narrow-Drive-4542

Isn't it US Non far payrolls number?

Big-Finding2976

Oh, so you admit that your "10-15x higher" claim was bullshit then and the reality is "maybe 1-3% higher in the US, or about the same in the UK"?

iamsamtheman123

Because the US = bad, but they also control world financial markets which is reliant on USD. Bitcoin creates a currency and a market "that cant be controlled or manipulated" (but it can). So crypto = moving finance away from sovereign regimes to make it more independent, but it's deviated so much from its initial intended use and is now casino. Hope this helps.

MiguelLancaster

Retire early to a country that's not the US

Big-Finding2976

The massive downside to buying tokenised stocks is you can't do it in a tax free ISA (or whatever the US equivalent is) so you have to pay 18-24% CGT on all your gains. I don't suppose you get paid dividends on tokenised stocks either.

DePraelen

There's been one major use case that's been happening this year - Iran has been accepting their tolls for the Strait of Hormuz in Bitcoin. Which is why we've seen price spikes happen during the war as corporations buy large amounts of BTC to pay it. Regardless of what you think of the US or Iran, in a Machiavellian sense this is pretty true to the original vision of crypto. Allowing them to operate and defend themselves outside the financial hegemony of the greenback.

SaltyAlechemist

I just want to say, he was trying to "launder" money, I'm not trusting crypto, but he was trying to move money from US to Brazil, if you read the whole thing. not crypto's fault this time, still a scam and I wouldn't use it.

Forded_Fiction24

The dollar is what gives the US its power. It's top priority, so yeah definitely more wars.  "War is nothing but a continuation of politics with the admixture of other means." - Carl von Clausewitz Not just conventional wars exclusively though either. Economic warfare, currency manipulation, trade war, sanctions, proxy wars, disinformation campaigns, psyops, censorship. They'll use it all and then some. Right now there's a global AI arms race going on and they'll use compute against their adversaries. Realize that all adversaries are also doing the same against us and even aligning to accomplish mutual goals. Nobody can go toe to toe with the United States but they don't have to nor will they Global reserve currency status is a blessing and a curse. It has given the United States Its power but also has the burden of protecting that power. If it doesn't continue to have high growth, then it can't protect its assets outside its borders or retracts back into its borders. It's arguably grown too large. When empires over expand they can't sustain. Kind of the phrase we're in. The world is divesting. The dollar is weakening and the country is with it. It's not going to collapse overnight though. It'll be likely decades to complete the process but the balance of power in the world is shifting

Impossible_Excuse937

I enjoyed reading your comments and you make a lot of good points. How far do you think the US will go to defend the dollar? Are we looking at war, or more wars, potentially? Being the reserve currency gives the US a lot of power in the world.

Nervous_Pressure_962

Because I was a student living in the US, but I’ve moved back to Brazil. I still had some money sitting in my US bank acct. And even if my intention had been to transfer my own funds from my own US bank account to my own Brazilian bank account, I don’t see anything improper about that. The money is mine and both bank accounts are mine. Kraken is literally an exchange. People deposit fiat, exchange it for crypto or other fiat currencies, and withdraw their funds. But that wasn’t even why I deposited it in the first place. I wanted to buy crypto. .

tedusam

The US government is still the worst though

darkeningsoul

Something similar happened to me with Binance back in the day. No way for US based customers to withdraw, lost like $5k. Luckily it wasn't more. After that and having my Coinbase be hacked, I'm done with crypto. Noth worth the risk.

Puzzleheaded_Shower4

The US definitely \*needs\* to remove at least certain sanctions on Iran and Russia - as Treasury Secretary Bessent has been doing already through various waivers. Gas prices are putting pressure on the average American’s budget - and there’s not many ways to add supply to global markets except by bringing Russian and Persian oil back online.

RetiredAvocado

US doesn't want to end any sanctions. The wars are money laundering ops. Foreign and military aid ends up embezzled before it gets to where it was promised. "Ukraine" war is US vs Russia war with Ukraine prez selling out his country and people. Boris Johnson tanked peace in 2022; obviously peace is less profitable. "Iran" war is Israel vs Iran war, with majority of US Congress being basically occupied by foreign nation's reps and interests. And we know Israel violating cease fire is nearing 1000 times so their agreements and promises mean nothing.

Nervous_Pressure_962

I deposited the money because crypto had dropped hard and I wanted to buy while prices were low. Then the market started moving back up while my account was locked, so I couldn’t even make the purchases/sells I transferred the money for. I was a student living in the US, but I’ve since moved back to Brazil. I updated my residency with Kraken simply because Brazil is where I actually live now. There was an issue during that change, but the residency issue itself was eventually resolved. And even if my intention had been to transfer my own funds from my own US bank account to my own Brazilian bank account, I don’t see anything improper about that. The money is mine and both bank accounts are mine. The problem now is completely different: Kraken decided to close my account, and I’m just trying to withdraw my own funds. They keep restricting/cancelling the withdrawals without giving me a clear explanation, and support barely responds. At this point I don’t even care about buying crypto anymore , I just want my money back in my bank account.

liquid_at

What type of customer service to you expect from the United States of America? They want you to pay your taxes when you leave the country and no company that holds any assets for you that is registered within the US will help you to evade that. This is not Kraken doing anything... this is the US government.

mastah-yoda

> third world country Many of us are in the US.

KateR_H0l1day

And we never had a High before the Halving, but we did this cycle, plus we never had ETF's before this cycle but now we do! Therefore, it's difficult for me to believe it's acting exactly the same as the previous cycles to this one 🙄 But, it's certainly going through the same cycle pattern, but just not exactly like before. However, I'm definitely not saying it won't go down again! Plus, the US administration is having a huge affect on the, which they've never had to this effect before. Additionally, we've never had a new player in the market place that soaks up capital like AI does. Last time anything effected the markets that much was Crypto itself!! Therefore, there's an awful lot of things that are pulling and shoving the cycle one way or another 😉 I'd be quite shocked if the cycle played out exactly the same as the early three cycles. And I haven't even mentioned the advent of BTC-TC's and their effects 🙄

Salsatime117

Ya for me that’s why I keep it simple. Tax tracking in the US for crypto can be very annoying to be honest. So I stick to the big boys like BTC and ETH as low effort solid investments. For the “lottery ticket” higher potential gains, I stick with SPX6900. The whole basis behind this coin is to just buy and hold. DCA. Stop trading and just believe in something. I just see time and time again, trading memes and rotating alts not only will result in failure for 95% of people, but it creates sticky tax situations that become hard to navigate. Buying an asset and holding is what I’ve found to be the most successful strategy over all these years of doing it. Ya it’s not quick gains but it’s more rewarding in the end and more fruitful. Hope that helps!

d3so

I use them to stake some of my crypto. I don’t think there’s another US CEX that has better rates

Steel-Tempered

We've seen BTC go as high as $126K on 10/5/2025. It then dropped all the way to $57K on 6/30/2026. That's a $69K drop in 8 months. Then it climbed back up to $82K yesterday 9/3/2026. That's a $25K jump in 3 months. BTC is volatile. It also doesn't help that the current US government and leadership is batshit insane and doesn't seem to have any desire to stabilize the economy, so everything with investment right now is a gamble.

jayceellects

Reports show US added 126,000 new jobs, exceeding expectations of 55,000, leading to possible FED rate hike.

MrFlippyNips

Does this affect only US customers?

Glittering_Pick_9738

I can't get over how ridiculous it is. More jobs have been added to the economy? That's awful! Let's quickly sell bitcoin to rectify it. Yes, I know what effect it has on rates odds, but funny thing is that the result probably would have been identical had jobs report showed less jobs added than expected. Investors would be then scared of the state of the US economy and the risk of recession. Long story short - it would have dumped anyway. Which conveniently explains why scam pump of yesterday happened. They pumped the price above 50 WMA only to dump today using jobs report as an excuse. I'm so fed up with this manipulation. I'm itching to sell all this stuff and be done with this shit but you never should sell when you are as angry as I am today. That's literally the worst moment. 

Davidoff90784

One of the reasons I picked them from get go but I believe so if we talking US only

escodelrio

**Historical Bitcoin prices for today, September 4th:** 2026 - $79,272 2025 - $110,724 2024 - $57,972 2023 - $25,812 2022 - $19,987 2021 - $49,945 2020 - $10,512 2019 - $10,594 2018 - $7,362 2017 - $4,236 2016 - $609 2015 - $230 2014 - $491 2013 - $133 2012 - $10.4 2011 - $8.20 2010 - $0.10 **Additional Stats:** Bitcoin's current market cap is $1.59 trillion. Bitcoin's current block height is 965491; with the average block time for the last 7 days being 9.82 minutes and the average block size for the last 7 days being 1.58MB. Bitcoin's average block time for the year 2026 is 10.21 minutes. Bitcoin's mining difficulty is currently 125.81 trillion; with the next difficulty adjustment anticipated on 05-Sep-2026 (within 173 blocks). The mining difficulty is currently expected to increase 0.88% to 126.91 trillion. Bitcoin's current block reward is 3.125₿, which is worth $247,725 per block. Bitcoin's average daily miners' revenue for the last 7 days is $40.13M; which translates to $0.0440 per terahash per sec. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 84,509 blocks); the block reward will fall to 1.5625₿. There are currently 122,765 total Bitcoin nodes; with 26,438 being reachable nodes. Bitcoin's average daily hashrate for the last 7 days is 912 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is $28.71 billion. Bitcoin's average daily number of transactions for the last 7 days is 685,862. Bitcoin's average transaction fee for the last 7 days is 2.53 sats/VB, with the average fee's USD amount being $0.34; with the median values being 0.49 sats/VB & $0.12 respectively. There are currently 20.08M ₿ in circulation, leaving 0.92M to be mined. There are currently 4.13M ₿ held by companies, governments, DeFi, and ETFs, representing 20.57% of circulating supply. There are currently 59,257,115 nonzero Bitcoin addresses that contain 165.49M UTXOs. Bitcoin's average daily price from 18-Jul-2010 to 04-Sep-2026 is $21,858. Bitcoin's average daily price for the year 2026 is $72,283. 1 US Dollar ($) currently equals: 1,261 satoshis; making 1 penny equal 12.61 sats. Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026. Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026. Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026. Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026. Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026. Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026. Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 37.18% from the ATH. However, Bitcoin is up 37.27% from the lowest point since the last ATH. Bitcoin has not reached an all-time high in 2026. It has been 333 days since the last ATH.

mvds74

It has absolutely nothing to do with Bitcoin. It's about losing trust in the US Government.

Sundance37

Japans currency is falling, they are buying while the US sleeps.

Relai_Alex

Relai if you're in Europe, River is good in US

xaviemb

My point still stands... roughly 5% of the network (suits) care about jobs numbers relative to Bitcoin, the same way they care about rotations into QQQ or bons)... but the illiquidity of Bitcoin means when that 5% sells (risk on/off mentality) the other 95% of the network just has to shake our heads because we know what is happening long term, and US jobs have nothing to do with exchange rate of Bitcoin/USD ... but Wall Street thinks it is everything, because they price things in USD (and not Bitcoin). To be clear... jobs reports numbers have absolutely 0 real impact on the actual value of Bitcoin... but people reacting to what the US might do because of job numbers in their manipulation of markets and rates... is what drives knee jerk reactions to these news events that materialize in the short term BTC price in USD ... it's just entertaining because nothing stop where this is going

klaymoar

US jobs report

YourOpinionMan2021

Well, thats what happens when the dollar is going to crap and no one wants to buy US debt (bonds). Kinda changes things

SectorialBush

My 2 cents about the evaluation: The 3% max daily loss which is in all plans makes it very difficult to take risks high enough to make significant gains to pass the 9-12% profit requirement. You make 1% gain. You take 1% loss. Stop-loss limits have to be very low. That way you can get drained by fees quickly if it keeps dropping and you are trying to catch the falling knife. Sure it's easy when only way is up like it did couple weeks ago when we had the ETH pop from 1900 to 2500. My highest with the 5000 plan (I took the 90/10 split) with the 5450 profit target was 5334.30. Then it started dropping and I soon found myself under 5000. It looked better for a short while but then we had the resuming of US bombing in Iran. Eventually I was little under 9 dollars from the 4850 max drowndown limit and final trade got me under the limit. Basically you are already done at under 4900 unless you get very lucky. My advice is if you are going to do it, pay the extra to get 6% drawdown limit in Starter plan.

SectorialBush

My 2 cents about the evaluation: The 3% max daily loss which is in all plans makes it very difficult to take risks high enough to make significant gains to pass the 9-12% profit requirement. You make 1% gain. You take 1% loss. Stop-loss limits have to be very low. That way you can get drained by fees quickly if it keeps dropping and you are trying to catch the falling knife. Sure it's easy when only way is up like it did couple weeks ago when we had the ETH pop from 1900 to 2500. My highest with the 5000 plan (I took the 90/10 split) with the 5450 profit target was 5334.30. Then it started dropping and I soon found myself under 5000. It looked better for a short while but then we had the resuming of US bombing in Iran. Eventually I was little under 9 dollars from the 4850 max drowndown limit and final trade got me under the limit. Basically you are already done at under 4900 unless you get very lucky. My advice is if you are going to do it, pay the extra to get 6% drawdown limit in Starter plan.

BitcoinBaller420

It's so funny to watch a community that prides itself on doing the work to understand Bitcoin turn around and fud the institutional layer adopting it. Saying Saylor sold the bottom us incredibly misleading. They shaved a few bps off their massive stack. Here's what's actually happening... Strategy is building a Bitcoin-backed credit instrument in order to compete in the $300 TRILLION credit markets for the attention of wealth that is allocated to low volatility returns. This capital is not even thinking about buying a massively volatile instrument like Bitcoin. To compare, Bitcoin's entire market cap isn't even $2T right now. To do that, they have created a flexible-yield preferred stock that pays dividends far below the long-term growth rate of Bitcoin, but far above competing credit products with similar risk profiles. After some trial and error, they have hit on the killer app of Bitcoin credit: STRC. They pay 12% yield on an instrument designed to trade at a stable price of $100 / share. To compare, US government bonds yield something closer to 5% depending on duration, and junk credit is only a few hundred bps higher. That means STRC is trading as though the company is in imminent danger of failing... an absurd proposition given the fortress balance sheet backing the dividends. In order to sell more STRC, which they use to fund massive Bitcoin purchases of the apex asset for their shareholders, they are laser-focused on improving the credit-worthiness. HUGE pools of capital are currently locked out of buying this product until it gets an investment-grade credit rating. Any Bitcoiner worth their salt should be able to see that it IS investment grade... less than $10b in STRC is backed by $75b in Bitcoin and over $6b in cash! Comparisons to similarly rated equities are laughable. But to get that elusive investment grade rating, Strategy has to deal with all the ignorant fud of traditional markets. Credit agencies need to explain their ratings, and Strategy attacks these directly. Most recently, these agencies said the were worried about Strategy having a cash reserve that's too low, and they doubted Strategy's ability to access capital during a bear market. There was also concern that Strategy might refuse to sell Bitcoin to pay dividends. What does Strategy do? Simple. They sell Bitcoin during peak fear to demonstrate that they are in fact not propping up the market, showing that they CAN access capital during times of Bitcoin stress without crashing the price. They WILL sell Bitcoin to fund dividends, if needed, and they built up a massive cash reserve. When the investment-grade rating falls, and it will, trillions in credit capital is freed to pour in from professional investors that are willing to do the work, but are currently barred structurally from buying. This will massively benefit Strategy common holders, and of course, Bitcoin holders as well. Keep up the fud though, that's how I get to pile in to Strategy at such a stupidly low mnav and front run the whole thing. IYKYK

dpd11

They cannot actually raise rates because the US is already spending too much on interest and would spend even more. The Fed has somewhat already signaled they care less about inflation than before. They will like reduce the banks’ supplementary leverage ratio to kick off demand in bonds at the long end. Hence yields would move lower at that point due to banks buying

Caspica

Well if that's not an indictment of US education I don't know what is... [It's 12.7% btw.](https://educationdata.org/public-education-spending-statistics)

Amddiffynnydd

Don’t be in a bubble A few important corrections here. It’s the GENIUS Act, not the CLARITY Act, that created the regulatory framework for dollar-backed stablecoins. Stablecoin issuers also don’t have to buy $1 of US Treasury bonds for every $1 issued reserves can include cash, bank deposits and other permitted highly liquid assets as well as Treasuries. Stablecoins could certainly increase global demand for dollars and indirectly increase demand for US Treasuries, which the US Government openly sees as a benefit. But that doesn’t mean people holding stablecoins are directly buying US debt, nor does it guarantee cheap US borrowing. The final jump to “therefore money printing continues and Bitcoin can only rise” is speculation, not something that follows from the legislation.

hodler1992

Beside the clarity act voting next week there is an additional event which might be even slightly more significant for Bitcoins uptrend - from September 9th on the US Treasury will pump $4bn liquidity into the markets. On a daily base. A large share of that will flow into BTC. Be prepared for massive pumps in the upcoming months. And should the clarity act pass additionally we would be back at $100k in no time

Express-Economist-86

Genius act requires 1-1 digital dollars and US treasuries. Make digital dollar available to the world, our dollar is probably stronger even if we make our inflation their problem, and we have a constant buyer for treasuries. Pretty slick.

FewUnderstanding2214

If the US government collapses it will be terrible for everyone for a while - a slow death is better

LionRivr

Helps if you understand what you’re actually investing in. If it’s just a crypto project other than BTC, you should understand you’re putting money into something that is essentially a startup looking for a use-case. If it’s BTC or gold, Then you are betting on the current monetary system to continue to keep printing money and debasing its currency. If it’s stocks in your 401k, then you’re betting on US companies to continue to grow long term. If it’s real estate other than your prary residence, you probably want relatively more “stability” and something tangible than the other assets.

BadNewsBrown

Is uphold the only US exchange where you can actively stake xrp?

The_Realist02

In the US it’s less than 1% and I don’t even need to look it up.

NiagaraBTC

US cannot afford bond yield spike. Money printer goes brrrr. Number goes up.

LionRivr

It’s not out of nowhere. It’s macroeconomics. US treasury is having issues with bond market. They are signaling more inflation and potentially more money printing. It’s called “the debasement trade” But it’s definitely not overly bullish out of nowhere. Will there be pullbacks? For sure. Traders will trade, and price could swing down. Also negative catalysts could turn us bearish easily. But it’s bullish for the right reasons.

KryptoSC

I think you’re oversimplifying. Markets are only up 1 - 1.5%, but Bitcoin is up 6%. It has to be much more than just markets are a little up. Many people are underestimating the terrible situation of the US treasury bond markets and Japan adding fuel to that fire.

ElRiesgoSiempre_Vive

You can say exactly the same thing about US dollars. Or any currency.

xaviemb

I have a strong suspicion the next two days we're back to $2-5k rises in Bitcoin every 12 hours as Asia and US tag team price discovery off of this next liquidation of shorts. I find it odd that the US, and its derivatives market somehow thinks it can contain an asset that can run overnight when supply is limited and demand is surging. May take Wall Street time to learn to step out of the way of this train... when it's moving.

ShittingOutPosts

Exactly. The Pentagon is now extending deployments into 2027. As long as Trump remains President, the US will be stuck fighting a losing war in Iran.

jiggidyjivejackson

Everybody's going to have a different opinion, but I believe that this is market manipulation. The US government was found transferring around $297 million dollars worth of seized Bitcoin and Eth to Coinbase Prime. Then Trump starts talking about The Clarity Act immediately after, which in return has drove the price of Bitcoin up.

Sweaty-Dust6405

I thought the Iran war was over and the US had won, Trump said so a few weeks ago.

desimus0019

US, I posted to the cashapp sub to see if there was any fuckery afoot, not sure who mods it, they probably won't allow it to post if they are affiliated

Massive-small-thing

Might have something to do with US jobs data 2mora

CanadianCompSciGuy

When it comes to Bitcoin, I think there are a lot of factors at play, but unlike some of the drivel which has already responded to this post, I mostly agree with what you've said. All I've heard from various finance heads for the past two weeks is "US bonds, US bonds, US bonds" and the general consensus seems to be, these actions will lead to higher inflation. The American public are asleep as usual to what their government is doing, and the obvious outcome of such actions. Inflation is coming. Thank gawd for Bitcoin.

holdy73

Just take a look at what’s happening with the debt market in the US. Right now, the market will still be supported until the elections, but after that, there’s no point anymore. Besides, you need a reason — a deep drop — to start the printing presses. By the way, the S&P has already started corrections twice in February. I wouldn’t get involved in the stock market, at least not right now. You need to go where there’s no crowd, and right now, that’s all in America!

ProtossLiving

Laws around ownership are primarily state laws. For example in California Civil Code § 654 defines ownership and many court cases have refined what that means and how others aren't allowed to take control over it. Penal Code § 484 defines theft and there are court cases that have refined the meaning of that. Federal authority to prosecute comes from laws like 18 U.S.C. § 2314 when the stole property crosses state lines and has been refined in court cases. The reason a specific law can't point to how this Bitcoin secnario specifically is theft is because the US operates under a common law system, so much of it is tied in prior court rulings, not the original statutes.

naeads

US 30Y bond yield went down. That's why. Wait for the yield to go back up again. It will be like a yoyo.

brainrotbro

\> So you have to ask the trillion dollar question: Where did the US government get the money from to buy up the bonds in order to keep the rates low/lower? You don't really need to ask yourself. The Treasury has a pot of money set aside for buybacks. Typically, these buybacks are performed in order to increase liquidity. Bessent, however, is doing it in an attempt to control interest rates. And the reason bitcoin is pumping is because of these rate control measures. Lower interest rates mean more money flows into risk assets like bitcoin.

bbatardo

Every cycle there is a bottom price people target that never quite hits. With that said, I still think there will be a substantial dip in October if the US Fed raises rates in Sept or Oct. My best guess is BTC heads to 55k-60k. We can see how dumb my guess is by the end of October.

Slay_Nation

Why stop there, 40 Trillion like the US debt

escodelrio

**Historical Bitcoin prices for today, September 3rd:** 2026 - $78,815 2025 - $111,723 2024 - $57,431 2023 - $25,970 2022 - $19,832 2021 - $50,025 2020 - $10,245 2019 - $10,624 2018 - $7,260 2017 - $4,583 2016 - $598 2015 - $227 2014 - $480 2013 - $144 2012 - $10.5 2011 - $8.50 2010 - $0.10 **Additional Stats:** Bitcoin's current market cap is $1.58 trillion. Bitcoin's current block height is 965322; with the average block time for the last 7 days being 9.94 minutes and the average block size for the last 7 days being 1.59MB. Bitcoin's average block time for the year 2026 is 10.22 minutes. Bitcoin's mining difficulty is currently 125.81 trillion; with the next difficulty adjustment anticipated on 05-Sep-2026 (within 342 blocks). The mining difficulty is currently expected to decrease 0.53% to 125.14 trillion. Bitcoin's current block reward is 3.125₿, which is worth $246,295 per block. Bitcoin's average daily miners' revenue for the last 7 days is $39.22M; which translates to $0.0426 per terahash per sec. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 84,678 blocks); the block reward will fall to 1.5625₿. There are currently 123,073 total Bitcoin nodes; with 26,798 being reachable nodes. Bitcoin's average daily hashrate for the last 7 days is 921 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is $27.79 billion. Bitcoin's average daily number of transactions for the last 7 days is 682,726. Bitcoin's average transaction fee for the last 7 days is 2.56 sats/VB, with the average fee's USD amount being $0.34; with the median values being 0.49 sats/VB & $0.12 respectively. There are currently 20.08M ₿ in circulation, leaving 0.92M to be mined. There are currently 4.13M ₿ held by companies, governments, DeFi, and ETFs, representing 20.58% of circulating supply. There are currently 59,251,083 nonzero Bitcoin addresses that contain 165.61M UTXOs. Bitcoin's average daily price from 18-Jul-2010 to 03-Sep-2026 is $21,847. Bitcoin's average daily price for the year 2026 is $72,245. 1 US Dollar ($) currently equals: 1,269 satoshis; making 1 penny equal 12.69 sats. Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026. Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026. Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026. Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026. Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026. Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026. Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 37.55% from the ATH. However, Bitcoin is up 36.48% from the lowest point since the last ATH. Bitcoin has not reached an all-time high in 2026. It has been 332 days since the last ATH.

Specialist_Call_1257

The Trumps are big supporters of crypto and I think they're trying to fix the current crypto winter by opening the US for business, but its probably too late. The balloon is deflated.

NMoney007

Worth remembering that El Salvador doesn't have its own currency — they've used the US dollar since 2001. No money printing, no monetary policy, no say in Fed decisions. The BTC buy is a way to own one reserve asset nobody else controls. Risky? Maybe Irrational? No. Also worth noting is how this investment has turned out so far \~7,760 BTC at an estimated average cost in the $45–56K range, currently worth about $600M — roughly $170M in unrealized profit.

StoneHammers

What would happen if US bonds hit 7%?

beastmanzx

He's right. I was never involved with fiat, but one day I found a US dollar on the ground and took it home. Later that night Brian Moynihan came to my house, that I built myself from the land,  laughing at me. He was saying that I was "now part of the fist system" and he took all of my livestock and seized my land. He later built a Bank of America on my former property and I've been working for free and sleeping in a data center ever since. Don't make the same mistake I did.

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1w5sbb6/tether_froze_42_million_of_two_peoples_usdt_four/ [Two Thai investors are suing Tether in a New York federal court, and the timeline in the complaint should bother anyone holding USDT.](https://news.bitcoin.com/regulation-and-legal/thai-investors-sue-tether-42m-usdt-freeze/) Tether blacklisted ten Ethereum addresses holding a combined $42,417,785 in USDT on October 30, 2025. The seizure warrant that supposedly justified it didn't get issued until February 19, 2026, roughly four months later. And it came from a completely different case, a pig-butchering fraud investigation in North Carolina. The plaintiffs say they had nothing to do with that scheme and got no notice their funds were locked until long after the freeze hit. Tether can do this because USDT has a centralized admin key baked into the smart contract. When an address gets flagged, Tether flips a switch and that wallet can't move its funds. Full stop. The company has frozen billions this way, over $4.4 billion across 2,300+ cases, often coordinating directly with OFAC and US agencies. Tether frames it as responsible compliance, and CEO Paolo Ardoino has never once apologized for acting "centralized." He's proud of it: "USDT is not a safe haven for illicit activity," is basically the company motto. Here's the part stablecoin holders keep waving away. The single most-used dollar instrument in crypto, the thing people park in to "get out of volatility," is a token a private company can freeze unilaterally, on request, before any court has weighed in. That's not a bug in USDT. It's the design. The same freeze function that stops a scammer also stopped these two Thai investors for four months with no warrant, and if the system can do it to them by mistake, it can do it to you by mistake, too. The uncomfortable truth is that USDT is a permissioned dollar wearing a permissionless costume. It rides on public blockchains, it moves peer-to-peer, it feels like crypto. But at the contract level it answers to one company's compliance desk, and that desk will act on a phone call from law enforcement well ahead of a judge. People hold hundreds of billions in this thing specifically to escape traditional financial gatekeepers, and it has a gatekeeper more absolute than most banks. A bank freeze at least comes with process. Tether's comes with a spreadsheet and a blacklist function. The lawsuit will probably turn on narrow questions about Tether's terms of service and whether it had a contractual basis to act. But the thing worth internalizing regardless of the verdict is that "I keep my money in stablecoins so it can't be touched" was always a comforting fiction for USDT. It can be touched. It just got touched, for $42 million, four months early, on the wrong people. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

UnsersGottaGo

Up until now US has had elections every 4 years, so OP is advocating for a 4 year DCA.

AvatarOfMomus

Dude, in your situation why on earth are you buying Bitcoin? It is not stable, it is not reliable, and it's largely valued in US Dollars which means Inflation still gets you. Bitcoin is a high risk "investment", aka basically gambling. Do not put money into Bitcoin if you have no savings, especially if you have very little income. You will feel 100x worse when you have an emergency and need to convert your coins to cash quickly when the market is down and you take a 20% (or worse) hit as a result.

bestinvestorever

That’s not how it works. Newly printed money will naturally be invested into the stock market, and since people own a lot of Tesla and SpaceX (both are in the NASDAQ 100), it’s going to continue going up in value (like all US equities). Think about it - you think the government is just passing it into Elon’s account? It’s all paper wealth. If Musk decided to quit today, and say nope no more being TechnoKing of anything, then the stock prices would absolutely plummet, AT LEAST 30%. It would be a disaster, and he’s approaching his 60s. His wealth is the result of massive, consecutive bets that happened to work out. Have you ever heard of $TSLAQ? It’s a literal group of short sellers that were betting against him for years, and they were making a killing. That’s how much risk Musk was taking with his companies. Nobody in their right mind would take the risks he has, and most likely nobody will be able to replicate it post-AI.

nonkeywayzee

Yeah, Cantillion effect exists, but why you people are in a country as rich s the US? Your poor people are obese and even the poorest of the poorest in the country own a care, you guys are rich and are crying about not being richer because a guy is "too rich" and an effect that only affects you if you are actually poor and not US poor.

Get_the_nak

gonna be expensive for US to service the debt, prolly print more…

Diligent_Advice7398

I’m trying to tell you losing reserve status isn’t the end of a currency and its viability. It may mean less power world wide but it doesn’t mean hyperinflation for its citizens. What you pointed are certainly risks but not an outsized one where even worst case scenarios would lead to economic collapse of the US. That’s what’s needed for hyperinflation. Between the robots and AI in our future I see GDP still growing at a tremendous rate and that will easily cover any of these smaller issues. If economy is growing and strong then currency will be fine. If the economy actually collapses and people buy less and less stuff every year that would actually be a problem. Now this will be very uneven and there will be a lot of people left behind while a few will see far bigger pieces of the growth pie

Fit-Insect-4089

The fact that you think the president is allowed to have his cabinet have conflicts of interest is astounding to me, and against the principles of the US government.

SAAGASolve

I do, by 2040 at the latest, and I think it's going to start around 2028. World reserve currencies never last past 100 years. There are serious pressures on it right now, Hormuz, is never opening up again. The US reserves are going to be depleted, and when that happens, the refineries hit their structural minimum. They have a mount of oil they need so the weight pushes it through the refineries. They can't let it drop below that threshold under any circumstances or the equipment risks getting damaged. So supply has to sky rocket to destroy the demand to fill the refineries up past the structural minimum. Next, US gov is printing to much money, they are creating more debt faster and the bond market is demanding more payments. Too much supply. It doesn't matter what the fed sets interest rates to if the bond market doesn't agree. And one of the largest, is the yen carry trade. The interest rate spread driving arbitrage to borrow yen, and buying us treasuries at the very least and pocketing the spread. So the yen weakens, and the Japanese bank has to sell Us treasuries to defend their currency. I actually suspect this is already death spiral. Japan has to dump treasuires which drives up interest rates. Which then incentivizes borrowing of Yen, which weakens the currency, which causes the dumb of american debt. If they spike the interest rates to pairty, they suddenly have to pay out on their mega pile of debt. They are trapped. Everyone in that trade, and it's gigantic, is holding a hand grenade. If conditions flip, everyone has to exit at the same time.

opbmedia

I think you are forgetting US produces a vast amount of outputs that they can use to trade with. A ton of corn is a ton of corn whether it is priced $10 or $10,000,000.

opbmedia

1. fiat will only hyperinflate in certain situations, but unless the entire world economy collapses, not all the fiat would hyperinflate. Take the USD for example, its total value is derived from the US GDP. So as long as there is still a US GDP left, it can inflate but not hyperinflate. Poor countries with little economic output usually experience hyperinflation because their economic is not self-sustaining, thus government print more money try to buy things. US GDP is like $30T. So unless and until that collapses US can afford to buy things from others. If US does collapse, the next stable economy will become the standard setter and there currency will be accepted 2. if the economy collapses (all economy), then btc will too. Why? btc depends on infrastructure. economic collapse will decimate infrastructure. You can't maintain btc as a true currency and exchange median without power, internet, computing.

Suspicious_Pickle_39

perfect example. the bitcoin network considers the US federal government to be the owner of the coins from the silk road bust, precisely because they have the key. the bitcoin network considers the key holder to be the owner. not because its the owners password, or because the key represents the owner. the key holder is the owner. there isnt much else to the protocol other than the key is the owner.

Public-Pass5158

US already has 300K confiscated BTC. I doubt they need more soon. If anything they can "confiscate' more lol.

Hot_College_1343

US debt is not 32 but already 40 trillion

MN_hunter

I read an article where the US is basically too big to fail on the worldwide stage. Yes, we have enormous debt held by countries that can not survive without US trade. The world will continue to adjust to ensure the health of the USA stays high. Trump pissing countries off is the wild card right now.

StakingArchipelago

taxes on futures are actually pretty favorable if you're in the US, 60/40 long term/short term split regardless of holding period still though, the real question is can you survive a 6 month drawdown period where you're bleeding money and rent is due

Stock-Performer4939

Inflation is the easiest way. Just explain the current inflation rate for $$/currency (In the US is 3.4% right now) Then explain that unless the high yield savings is more than 3.4% including all the fees, then she's actually losing money long term. The only way to escape that is by owning assets that increase in price (Im not getting into value/price) at a rate faster than inflation. Example: The average U.S. house appreciation rate over the past decade ranges from **4% to 7% per year**, depending on the specific index and time frame used. Conversely, bitcoin has appreciated roughly 61% per year over the same 10 year period. Hard to argue with those numbers, and its logical. Own cash for 10 years, own a house for 10 years, or own BTC for 10 years, which one has done better the last 10 years.

Remarkable_Wish_5106

Well, investors can seek yield in US bonds or CD's that are in US Dollars. The 6-month US bond yield is over 4% today.

Technical_Growth9181

The clarity act legalizes dollar-backed stable coins. With this regulatory backing, dollar stable coins will spread over the globe offering a way for folks in third world counties to own dollars, albeit tokenized dollars. There's a massive demand for dollars in distressed economies because dollars represent a reliable store of value. But, for each dollar stable coin issued, there must be a dollar-equivalent bond purchased from the US Treasury to back it. Thus, the US Treasury views dollar stable coins as a new international vehicle to greatly increase the demand for US bonds. The US bond market, acting by way of stable coins, is then directly expanded to include poor people in distressed economies. No other country is doing this. As for Bitcoin. Opening this vast reservoir of bond buyers just means the US Government can still get cheap debt. So, there's no need to stop the money printing. Debasement will continue unabated, money printing will continue, so the price of Bitcoin will continue to rise. Nothing stops this train.

Fmarulezkd

I'm Europoor and which doesn't make a difference,, because both in the US and EU countries such statements are generally illegal, which is why people are adding the "not financial advice disclaimer".

igohardish

I think El Salvador proved that Bitcoin isn’t ready to be used as money in transactions. I’m using it as a store of value long term, US debt and bond yields are going crazy rn and no one is doing anything about it. I view it as a bet that the US dollar will collapse significantly in my lifetime. I still invest in traditional stocks and have savings but I keep around 15-20% of my net worth in BTC in case the system starts to fail

escodelrio

**Historical Bitcoin prices for today, September 2nd:** 2026 - $77,196 2025 - $111,201 2024 - $59,112 2023 - $25,869 2022 - $19,970 2021 - $49,328 2020 - $11,414 2019 - $10,347 2018 - $7,273 2017 - $4,579 2016 - $576 2015 - $229 2014 - $479 2013 - $144 2012 - $10.2 2011 - $8.60 2010 - $0.10 **Additional Stats:** Bitcoin's current market cap is $1.55 trillion. Bitcoin's current block height is 965181; with the average block time for the last 7 days being 9.79 minutes and the average block size for the last 7 days being 1.58MB. Bitcoin's average block time for the year 2026 is 10.22 minutes. Bitcoin's mining difficulty is currently 125.81 trillion; with the next difficulty adjustment anticipated on 05-Sep-2026 (within 483 blocks). The mining difficulty is currently expected to decrease 0.97% to 124.59 trillion. Bitcoin's current block reward is 3.125₿, which is worth $241,238 per block. Bitcoin's average daily miners' revenue for the last 7 days is $39.76M; which translates to $0.0429 per terahash per sec. The next Bitcoin halving is anticipated to happen between 26-Mar-2028 to 20-Apr-2028 (within 84,819 blocks); the block reward will fall to 1.5625₿. There are currently 120,762 total Bitcoin nodes; with 26,799 being reachable nodes. Bitcoin's average daily hashrate for the last 7 days is 926 exahashes per second. Bitcoin's average daily trading volume for the last 7 days is $28.19 billion. Bitcoin's average daily number of transactions for the last 7 days is 703,134. Bitcoin's average transaction fee for the last 7 days is 2.53 sats/VB, with the average fee's USD amount being $0.33; with the median values being 0.41 sats/VB & $0.11 respectively. There are currently 20.08M ₿ in circulation, leaving 0.92M to be mined. There are currently 4.13M ₿ held by companies, governments, DeFi, and ETFs, representing 20.58% of circulating supply. There are currently 59,241,001 nonzero Bitcoin addresses that contain 165.71M UTXOs. Bitcoin's average daily price from 18-Jul-2010 to 02-Sep-2026 is $21,838. Bitcoin's average daily price for the year 2026 is $72,218. 1 US Dollar ($) currently equals: 1,295 satoshis; making 1 penny equal 12.95 sats. Bitcoin's minimum (closing) price for the year 2026 was $58,558.86 on 30-Jun-2026. Bitcoin's maximum (closing) price for the year 2026 was $96,929.33 on 14-Jan-2026. Bitcoin's minimum (intraday) price for the year 2026 was $57,747.76 on 01-Jul-2026. Bitcoin's maximum (intraday) price for the year 2026 was $97,860.60 on 14-Jan-2026. Bitcoin's largest daily decrease for the year 2026 was -$10,317.60 on 05-Feb-2026. Bitcoin's largest daily increase for the year 2026 was +$7,853.29 on 06-Feb-2026. Bitcoin's all-time high (intraday) was $126,198.07 on 06-Oct-2025. Bitcoin is down 38.83% from the ATH. However, Bitcoin is up 33.68% from the lowest point since the last ATH. Bitcoin has not reached an all-time high in 2026. It has been 331 days since the last ATH.

GettingFasterDude

I live in USA too. Bank accounts were frozen here in my grandparents' lifetimes during the Great Depression (1933). It happened multiple times in the 1800s. While admittedly that's a very long time ago, you've got to ask yourself, how does our government's financial health look? Is $40,000,000,000,000 enough to concern you? Will $50 trillion concern you? What about $100 trillion? With foreign countries starting to get away from funding our debt, investors turning away from buying US bonds and refusing to loan us money to maintain the debt it's starting to look very concerning. Like you, I hope a financial collapse never happens, or at least not in the next 100 years. Having the world reserve currency may delay it. But we came very close in 2008, again in 2020. Even if you only put the risk at 1% chance, that might be enough to put 1% of your savings in something they can't freeze, that doesn't depend on and can't be controlled by any government. That's bitcoin.

NoParamedic7831

Spicy take, and in my opinion it's not illegal regardless of what legal US code says. Because it passed the one law that matters in this case, which is the code. There is no other jurisdiction here, and all that matters is signing messages and ripping hashes.

Rich_Signal_1512

AI bubble popping would probably drag crypto down with it. The two have traded as correlated risk assets this whole cycle, same liquidity chasing both, so a real AI selloff triggers risk-off sentiment that hits crypto too. Not because of any actual technical overlap but just correlated positioning. Quantum is a real long-term risk, but not an immediate one. A sufficiently powerful quantum computer could theoretically break the elliptic curve cryptography wallets currently rely on, but credible timelines put that years out, and quantum-resistant cryptography already exists. Chains can migrate to it the same way they've handled other protocol upgrades before. The Japan/US debt situation is happening right now, it’s not hypothetical. The Treasury's been buying yen with dollars to prop up the currency, while Japan's been selling US Treasuries to defend the yen from their side, part of what pushed 30-year yields to a 19-year high recently. It cuts both ways for crypto. Tighter liquidity and higher yields usually pressure risk assets, crypto included. But sovereign debt stress like this is also exactly the scenario the currency-debasement case for Bitcoin was built around. Which effect dominates probably comes down to how disorderly this gets. On 5-10 year adoption, stablecoins look like the safer bet, real regulatory momentum and institutional infrastructure building around them right now. BTC and ETH holder growth is genuinely harder to call with any confidence over that horizon. Be skeptical of anyone claiming certainty either way.

r_a_d_

Stealing bitcoin from a hardware wallet in the US would typically implicate several laws, depending on the method used: **Federal laws** **Computer Fraud and Abuse Act (CFAA, 18 U.S.C. § 1030)** — if unauthorized access to a computer/device was used (e.g., hacking the wallet, exploiting software, bypassing authentication) **Wire fraud (18 U.S.C. § 1343)** — if the theft involved electronic transmission across state/national lines, which is almost always true with blockchain transactions **National Stolen Property Act (18 U.S.C. § 2314)** — for transporting stolen property (courts have applied this to crypto) across state lines **Money laundering statutes (18 U.S.C. §§ 1956–1957)** — if the stolen funds were then laundered/converted **State laws** **Larceny/theft statutes** — most states now explicitly or implicitly treat cryptocurrency as property subject to theft laws **Computer crime statutes** — many states have their own unauthorized-access laws parallel to the CFAA **Method-specific angles** Malware/supply-chain attack on the wallet firmware → CFAA, possibly conspiracy charges if multiple people involved

lazyplayboy

No official plans or major economic forecasts indicate that the US Federal Reserve will start QE in 2026 or 2027

lazyplayboy

No official plans or major economic forecasts indicate that the US Federal Reserve will start Quantitative Easing (QE) in 2026 or 2027

Kzaanb

AI popping doesn’t automatically kill crypto. They’re both high-beta liquidity toys, so if risk-off hits tech, crypto usually eats shit with it. That’s a flow thing, not “AI replaces Bitcoin.” Longer term, AI agents paying each other is a real use case. Stablecoins win that more than random L1s. Quantum isn’t a 2026 problem. If large quantum ever threatens current signatures, chains can migrate. The “quantum kills crypto next year” posts are mostly bag advertising. Don’t rotate into some “quantum resistant” coin because a YouTuber got scared. US debt and Japan drama are the same story: messy fiscal systems and liquidity shocks. Short term that can dump everything. Medium term it usually helps the “I want something outside the banking spreadsheet” pitch. BTC and dollars-onchain benefit more than 200 new ecosystems. 5–10 years: crypto as casino tokens can easily stay mid. Crypto as rails probably gets bigger. Stablecoin usage should keep growing. BTC/ETH holders can rise even while most alts go to zero. “More popular” ≠ every coin you buy moons. If you’re starting projects, pick something people already do (trade, pay, save) and don’t build a new chain because the old ones “need an ecosystem.” Most of those are just waiting rooms.

slimdizzy

Yes, the US as a country is one. Thanks for reminding everybody.

Technical_Growth9181

Sorry, but you didn't answer the question. Do you live in Europe? Are you attempting to use Kraken US while living in Europe? You may need to use Kraken Europe instead. Just because they accept SEPA transfers doesn't mean you meet all of Kraken's terms and conditions. What are you not telling us?