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Michael Saylor defends Bitcoin advocacy without license amid CLARITY Act debate and Strategy buys 4,603 BTC.

Market News
04 Sep 2026
Crypto news
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Bullish
Michael Saylor defends Bitcoin advocacy without license amid CLARITY Act debate and Strategy buys 4,603 BTC.

Michael Saylor, Executive Chairman of Strategy, stated that Americans can publicly discuss and recommend Bitcoin without needing a license, emphasizing Bitcoin as a commodity, not a security. This stance aligns with the Commodity Futures Trading Commission's view and is relevant amid the Senate's upcoming vote on the CLARITY Act, which aims to clarify regulatory authority over digital assets. Meanwhile, Strategy resumed Bitcoin purchases, acquiring 4,603 BTC for $369.7 million after a 10-week pause, signaling continued institutional interest. The CLARITY Act vote on Sept. 15 will be crucial in defining regulatory boundaries between the SEC and CFTC for digital assets.

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Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Grant Thornton Switzerland has officially attested the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, marking the first time a major crypto organization has received an on-chain auditor's signature. This audit, dat...

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Bitcoin price falls 2.1% after US jobs data boosts Treasury yields and weakens risk appetite

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Bitcoin briefly rose above $82,000 on September 4 but then dropped 2.1% to around $79,560 after stronger-than-expected US employment data raised Treasury yields and the likelihood of a Fed rate hike. This weakened demand for risk assets like Bitcoin,...

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Bitcoin tests crucial $78,000 support after dropping nearly 4% from $82,281 peak

Bitcoin tests crucial $78,000 support after dropping nearly 4% from $82,281 peak

Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was part...

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Neutral
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Bitcoin drops below $78,700 wiping out $295M in long positions after strong US jobs data.

Bitcoin drops below $78,700 wiping out $295M in long positions after strong US jobs data.

Bitcoin surged past $82,000 before sharply falling below $78,700, erasing nearly all gains after strong US employment data reduced expectations for a Federal Reserve rate cut. This sudden reversal triggered over $295 million in long position liquidat...

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8 hours ago
Bitcoin-gold correlation hits 6-year high as Bitcoin nears $85K amid investor flight to safe assets.

Bitcoin-gold correlation hits 6-year high as Bitcoin nears $85K amid investor flight to safe assets.

Bitcoin's price rose nearly 1% to around $79,262 on September 4, extending a one-month rally of about 23%. Simultaneously, gold prices climbed sharply, pushing their correlation to the highest level in six years. This trend reflects growing investor ...

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