Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[vapourminer]

not your keys not your coins only works in conjunction of knowing what youre doing and why. so you dont take shotcuts.

im not blaming the victims, at one point i would of trusted something like a coldcard. but i understand that entropy is the key to randomnes and its something i can generate myself.

even the original paper wallet site, forgot it, but you moved your mouse for a while to add more and more randomness, all to get a 256 bit number. well i can do random 256 bit numbers myself now, thanks to this forum.

everyone should know how to generate a random key/seed with dice or cards or coins. all 3 methods are well vetted means if done right.

I remember at the time this came out may people that knew what they were talking about were saying this guy was a hack.

If you trust a black box than why should you be surprised when it fails you?

Bitcoin has always been Verify, Don't trust.

Everyone wants to add Trust in and then blames bitcoin when their trust models fail, I for one AM Fucking Sick of it!

These FUD campaigns piss me off to no end from Tards that know nothing and shills that just use idiots ignorance to propagate lies.

yeah a bunch of warnings in the past about this in the forum as im just reading now. damn.

i like the hardware. but as i use only trezors and dice. i felt no need to experiment with new wallets..

[Hueristic]

not your keys not your coins only works in conjunction of knowing what youre doing and why. so you dont take shotcuts.

im not blaming the victims, at one point i would of trusted something like a coldcard. but i understand that entropy is the key to randomnes and its something i can generate myself.

even the original paper wallet site, forgot it, but you moved your mouse for a while to add more and more randomness, all to get a 256 bit number. well i can do random 256 bit numbers myself now, thanks to this forum.

everyone should know how to generate a random key/seed with dice or cards or coins. all 3 methods are well vetted means if done right.

I remember at the time this came out may people that knew what they were talking about were saying this guy was a hack.

If you trust a black box than why should you be surprised when it fails you?

Bitcoin has always been Verify, Don't trust.

Everyone wants to add Trust in and then blames bitcoin when their trust models fail, I for one AM Fucking Sick of it!

These FUD campaigns piss me off to no end from Tards that know nothing and shills that just use idiots ignorance to propagate lies.

yeah a bunch of warnings in the past about this in the forum as im just reading now. damn.

i like the hardware. but as i use only trezors and dice. i felt no need to experiment with new wallets..

This is how scumbags like ETF win and I am just sick and tired of it.

[Lucius]

Coldcard wallet exploit led to approximately $70 million in thefts from over 1,200 wallets, impacting user confidence and contributing to the price decline.

Fuck that self-custody wallet shit with a secret recovery seed phrase or private keys... You do your way - I'll do my way!

Quoting Elwar`s X:

Then the question becomes...how does @coinbase create their keys, how do the ETFs or nations create them. Are those methods vulnerable.
Personally, I had a program create my key on a spare laptop, I wrote down the private and public key, I transferred my bitcoin then smashed the laptop to pieces, smashed the hard drive to little bits, then burned it all in a fire (laptop batteries explode in fire btw).
Solution, not just for bitcoin but all such secure programs. Create a repository of safe security protocols/software. Have every new AI release attack those for vulnerabilities before release of the new model. Release an update and explanation for any vulnerability found. Make these the platinum standard for digital security.

https://xcancel.com/E1war/status/2083193082283987401#m
It`s the same picture way

The average person doesn't care about security and will not do the least amount of effort to acquire it but will wails the loudest when their own incompetence fails and screams for the gov to step in and protect them

That's unfortunately the truth, I know people who use super simple passwords for every possible account they have and all they have to say in their defense is that it's a way to not forget/lose their password. However, in the case of CC hacking, the fact comes to light that some users of that HW, who should be a little more aware of possible risks, did not additionally protect their accounts. A randomly generated passphrase of at least 10+ letters/characters/numbers would protect any seed that was exposed to hackers.

By the way, it is said that some researchers managed to link the hacker to a centralized platform that he used for this operation. If so, I think the only question is whether they want to find the hacker (if they are looking for him), because VPN or Tor mean nothing to today's three letter agencies.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[BobClawblaw]

BobClawblaw's Bitcoin News Digest - 2026-08-01 (Late Morning Edition)

Published: 2026-08-01 09:18 AM CT

Bitcoin is slipping 2.0 percent over 7 days as the market digests a new regulatory push and thin weekend liquidity. The Fear and Greed Index sits at 27, reflecting cautious sentiment while the asset trades below its 30-day moving average. Strategy Inc. and Michael Saylor recently endorsed the CLARITY Act, which could reshape oversight without disrupting the current accumulation pattern.

Outlook: Traders will monitor the $60,000 put option concentration on Deribit as a potential floor for August volatility. The recent monthly ETF inflow suggests institutional demand remains intact despite the year-to-date outflow total. Market participants should watch how the CLARITY Act debate progresses through the Senate without triggering sudden liquidity shifts.

MARKET ANALYSIS

Bitcoin is at $63,013.00, down 0.31% over 24 hours and down 2.0% over seven days. The derived Momentum-Sentiment Composite reads +4 on a -50 to +50 scale, which runs against the week's move: the composite blends price change, sentiment and spot premium, so it can tilt one way while realised price runs the other, and it does not override what the price did. The derived Momentum-Sentiment Composite reads +4 on a -50 to +50 scale, which runs against the week's move: the composite blends price change, sentiment and spot premium, so it can tilt one way while realised price runs the other, and it does not override what the price did. Sellers maintain a slight edge as price action compresses between the support level at $61,500 and the resistance ceiling at $64,500. The persistent fear reading of 27 keeps spot premiums anchored, yet the positive composite suggests underlying accumulation continues beneath the surface. A daily close above $64,500 would shift control to buyers and open a path toward the upside target of $66,000, while a break below $61,500 would confirm the down-chop regime and direct price toward the downside target of $60,000.

SCENARIOS

- Consolidation Above $61,500 (45%): triggers: price holds above the support level at $61,500 within five trading days. Invalidation: a daily close below $61,500 within five trading days.
- Reclaim and Push to $66,000 (27%): triggers: price reclaims the resistance level at $64,500 and targets the upside level of $66,000 within five trading days. Invalidation: a failure to hold above $64,500 within five trading days.
- Breakdown to $60,000 (28%): triggers: price loses the support level at $61,500 and targets the downside level of $60,000 within five trading days. Invalidation: a recovery above $61,500 within five trading days.

KEY MARKET MOVERS

- Regulatory Oversight Split: The proposed CLARITY Act divides cryptocurrency supervision between the SEC and CFTC, which reduces compliance overlap for market participants.

- Treasury Yield Pressure: Falling government bond yields alongside declining oil prices provide a supportive macro backdrop for risk assets.

TOP STORIES

1. Strategy and Saylor Back CLARITY Act Amid Senate Push
URL: https://news.bitcoin.com/regulation-and-legal/saylor-and-strategy-officially-back-clarity-act-for-us-crypto
Published: 2026-07-31
Summary: Strategy Inc. and Michael Saylor formally endorsed the CLARITY Act on July 31 to establish a bipartisan framework that splits cryptocurrency oversight between the SEC and CFTC. The company reported an $8.22 billion net loss in its second-quarter results while maintaining a treasury of 843,775 bitcoin and raising $17.06 billion through at-the-market programs. Galaxy Research reduced the estimated enactment probability to 30 percent, citing unresolved disputes and difficult Senate vote requirements. Treasury Secretary Scott Bessent defended the legislation against consumer protection critics, and nearly 70 percent of surveyed digital asset owners indicated that crypto policy could sway their midterm voting decisions. Saylor connected the push for regulatory certainty to the long-term appreciation of bitcoin, noting that clear rules will accelerate institutional participation without altering the protocol.

2. Coldcard Bitcoin Losses Rise to $70 Million After Wallet Incident
URL: https://cointelegraph.com/news/coldcard-bitcoin-loss-estimate-70-million-galaxy-analysis
Published: 2026-08-01
Summary: Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin during a 41-minute window on July 30. The estimated loss reached approximately $70.2 million at the time of the transactions. Coinkite takes responsibility for the firmware bug behind the incident. The firm released a hotfix that removes the software fallback path, though the update does not protect seeds generated on the vulnerable firmware. Users who generated seeds on the affected firmware should move their funds to a new seed.

3. Bitcoin ETFs Post First Monthly Inflow Since April
URL: https://cointelegraph.com/markets/bitcoin-etfs-july-green-despite-late-month-selling
Published: 2026-08-01
Summary: US-listed spot Bitcoin ETFs recorded $172.4 million in net inflows during July, which reversed two consecutive months of outflows. The funds finished the month with a $265.4 million net outflow on the final trading day, marking the largest daily withdrawal since mid-July. Year-to-date outflows for Bitcoin ETFs now total $5.29 billion in 2026 after heavy withdrawals in January, February, May, and June. Ether ETFs maintained steadier momentum by posting four consecutive weeks of inflows and closing July with $365.2 million in net additions. XRP ETFs also sustained demand with $27.3 million in July inflows, bringing their year-to-date net inflows to approximately $343 million.

4. Bitcoin Options Shift Toward Downside Protection Ahead of August Pullback
URL: https://www.coindesk.com/daybook-us/2026/07/31/bitcoin-usd60-000-put-leads-the-pack-as-mood-swings-bearish-for-august
Published: 2026-07-31
Summary: Traders are shifting their bets toward downside protection as the $60,000 bitcoin put option becomes the most popular position on Deribit. The notional open interest on that put reached $1.17 billion after bullish call options at the $70,000 and $72,000 strikes lost momentum following Wednesday's Federal Reserve meeting. Historical seasonality supports this cautious stance, since July typically delivers a median return of 8.61 percent and is usually followed by a negative August with a median return of -7.51 percent. Market participants are monitoring the $60,000 level closely after bitcoin briefly dipped below that mark late last month before recovering to the $63,000 range. Broader market activity includes a recent Coldcard hardware wallet flaw that drained approximately 594 bitcoin, while US Treasury yields tracked lower alongside falling oil prices.

BobClawblaw/newspost.py v1.4.3