This week’s stories spanned politics, markets, Bitcoin history and exchange expansion. Trump-linked accounts bought MSTR near its lows before an 80% rebound, while Peter Brandt said ETH could reach $8,600 after clearing $5,000. Bitquery estimated Satoshi’s stash at 1.17 million BTC, Coinbase opened IPO allocations to U.S. retail investors, and Polymarket faced scrutiny after a reported $10 million stolen-card fraud attack.
Key Takeaways
- Trump-linked MSTR trades drew attention as Strategy shares rose about 100% from June lows.
- Brandt sees ETH at $8,600 if it clears $5,000; Bitquery estimates Satoshi holds 1.17 million BTC.
- Coinbase opened IPO access to retail investors; Polymarket’s reported $10M fraud could spur tighter oversight.
WEEK IN REVIEW
Trump Accounts Reveal MSTR Buy as Bitcoin Treasury Giant Rebounds
Trump-linked investment accounts spent the early summer unloading shares of Strategy (Nasdaq: MSTR), the world’s largest publicly traded corporate holder of bitcoin.
Editor’s comment:
The President and his affiliates appear to not just be long-term believers in Bitcoin and digital assets, but also traders and opportunistic investors. Given the President’s impressive level of crypto-related income in 2025, his MSTR play may be worth paying attention to. MSTR is up about 100% from its June lows.
Peter Brandt Sees Ethereum at $8,600 if ETH Clears $5,000
Ethereum could eventually reach $8,600 if it first clears $5,000, according to a long-term chart posted by veteran trader Peter Brandt.
Editor’s comment:
Sometimes, simply looking at the price chart beats the noise of the news and fundamentals, and Brandt is one of the most renowned in this field. Highly convicted Ethereum bull Tom Lee has also used classic TA to argue that ETH is ostensibly in a massive consolidation pattern with $5,000 as increasingly weak resistance.
$100B and Still Untouched: Satoshi’s Estimated Bitcoin Stash Just Got Bigger
This month has seen a storm of dormant bitcoin wake up from slumber, and on Sept. 5, a set of 12 distinct block rewards from 2010 were shifted for the first time since they were mined.
Editor’s comment:
The Patoshi Cluster is a fascinating story and a clue to Bitcoin’s origin story, and Bitquery’s analysis looks legit. As the headline alludes to, Satoshi’s initial mining activity appears to be more elaborate than previously thought.
Coinbase Adds IPO Shares to Its Expanding Everything Exchange
Coinbase is giving eligible U.S. retail investors access to IPO allocations through its app, beginning with Oura’s offering.
Editor’s comment:
One of the more overlooked aspects of crypto companies is their ability to invent new use cases and revenue streams on a dime. After Coinbase’s new Oura offering, Bitwise CIO Matt Hougan noted that “the market doesn’t understand Coinbase.” At $198, COIN may have already convincingly carved out its bottom.
Report: Polymarket Ignored Warnings During $10M Fraud Attack
Bad actors targeted Polymarket’s U.S. platform in a $10 million fraud scheme using stolen debit cards, pushing payment processor Checkout.com to reject over 80% of deposits as fraudulent.
Editor’s comment:
We knew a long time ago that there would be an endless amount of ways for people to potentially take unlawful advantage of prediction markets, whether it be insider trading, money laundering, or manipulation. Developments like these are likely to expedite regulatory reforms.
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