---
title: 'It''s Rigged! Buckle Up Bitcoin & Crypto Holders (Top Coins)'
source: 'https://youtube.com/watch?v=4BA2AinLLhA'
video_id: '4BA2AinLLhA'
date: 2026-08-06
duration_sec: 589
---

# It's Rigged! Buckle Up Bitcoin & Crypto Holders (Top Coins)

> Source: [It's Rigged! Buckle Up Bitcoin & Crypto Holders (Top Coins)](https://youtube.com/watch?v=4BA2AinLLhA)

## Summary

The video discusses the current state of Bitcoin and crypto markets amid geopolitical tensions and regulatory developments. It highlights the SEC's 2026 regulatory agenda, the progress of the Crypto Clarity Act, and institutional buying activity, while also touching on Ethereum vs. Cardano rivalry and Russia's Sberbank launching a crypto wallet.

### Key Points

- **Ceasefire and Crypto Market** [00:01] — The Iran ceasefire collapse has caused Bitcoin price to slide, but institutional buying is happening behind the scenes.
- **SEC Regulatory Agenda** [00:43] — The SEC released its 2026 regulatory agenda with a crypto regulation meeting set for this month, aiming to clarify the regulatory framework for crypto assets.
- **Crypto Clarity Act Timeline** [01:13] — Congress missed the July 4th signing target, now facing a critical deadline on August 7th. The Senate has about 20 working days to pass the bill before summer recess.
- **CFTC Chair on Clarity Act** [02:25] — CFTC chair calls the Clarity Act 'absolutely critical' for federal standards, criticizing a patchwork of state laws.
- **Bitcoin ETF Inflows** [03:33] — Bitcoin ETFs have bought over $500 million in Bitcoin in the last 3 days, reversing massive outflows.
- **Market Analysis** [04:14] — Sellers are exhausted, but Bitcoin can't get above the 200-week moving average. Last time in 2022, it led to a 20% leg down marking the bottom.
- **JPMorgan Tokenization** [06:06] — JPMorgan has tokenized about $800 million in assets on Ethereum across two funds, showing institutional adoption.
- **Cardano vs Ethereum** [06:37] — Cardano founder Charles Hoskinson rants against Ethereum, claiming Ethereum is copying Cardano's UTXO model.
- **Sberbank Crypto Wallet** [08:15] — Russia's largest bank, Sberbank, announced launching a Bitcoin and crypto wallet for all Russian citizens, adopting crypto at mass scale.
- **Stablecoin Growth on BNB Chain** [09:07] — Four of the six fastest-growing stablecoins are on Binance and BNB chain, with 10 million average daily transactions and 15 million monthly active addresses.

### Conclusion

The crypto market is at a critical juncture with regulatory clarity potentially acting as a catalyst for a bull run, while institutional adoption continues despite short-term volatility.

## Transcript

Ceasefire over. Is is the ceasefire done? Is the MOU dead? >> It's a very interesting question. To me, crypto today.
Act? Does it get over the finish line? >> We don't need to copy people. They're cuckoo. >> The Bitcoin price slides with Iran ceasefire collapse. Yet, the buying happening behind the scenes from
institutional players paint a different picture. Watch today's whole video so you understand everything, and it starts here. This has largely gone unnoticed. The SEC has just released its regulatory agenda for 2026 with a crypto regulation
meeting set for this month with the goal being, and this is a direct quote, "to help clarify the regulatory framework for crypto assets and provide greater certainty to the market." And keep in mind, for the very first time ever, the
regulation for crypto is happening. Crypto is being regulated this year. It's the legislation. It's the Clarity Act, the legislation that will make it stickier. The timeline to pass the Crypto Clarity Act now is as follows. We
know Congress missed its target for July 4th signing ceremony and now faces the critical deadline on August 7th as the last possible line in the sand. The Senate now has approximately 20 working days to pass the bill before the summer
recess. And what's interesting is what the CFTC chair CFTC chair on Fox Business today just shared. As I share this with you, I do just want to check back in on exchange partner Kalshi and my perps trade still up 7% despite this
dip. Many of you have already watched my video from 3 weeks ago, "Crypto Holders, How to Start Trading Perps as a Beginner in 2026 in under 12 minutes." So
valuable to learn because not only are Kalshi perpetuals CFTC regulated, which was important to me, Kalshi was also the first US company to offer perps, meaning you can make money whether the price of crypto coins go up or down. And special
promo only for the Altcoin Daily Army, trade $10, get $10 only with referral code Altcoin. Again, limited time, claim your $10, link down below. And there is
hope. CFTC chair on Fox Business says the Clarity Act is so close to passing, calling a federal standard for crypto assets absolutely critical. Let's watch. Act? Does it get over the finish line? >> We're so close. We have to get this
done. It's absolutely critical that we have a federal standards for crypto a patchwork of state laws and regulations, and it's really been bad We want to get this done so that we have certainty, clarity, and consumer
issue. We've got to get it across the line. >> do you Is it that the Democrats are stopping the progress because of ethics issues and trying to get specific language in there about President Trump
>> Well, there's certainly some mission creep beyond what's really critical here. We want to set standards and protect consumers, protect investors. Republicans should be able to get behind. I do think there's a little bit
of this creep into ethics and other types of extremist issues, and they're just derailing this real opportunity to have a bipartisan bill in place. Otherwise, you end up with regulators like me writing all the rules. And I'm
to get something in place that's bipartisan. >> Of course, the bigger question now is can they do it in 20 working days? Because this was a good sign. Just in Bitcoin ETFs have bought over $500
million in Bitcoin in the last 3 days, reversing massive outflows. So, we were in an uptick. Of course, then uh Trump announced the Iran ceasefire.
And we took another leg down. What's good to for me to see, what I like, is that I you know all markets went down, yes, but also the Bitcoin market didn't really care. It's almost like the people that are still in this market
are holding. The sellers have vastly been exhausted. Now, what's not good is that we can't quite get above this 200-week moving average. Last time we couldn't clear that. Notice back in 2022, we we couldn't
clear it. It was messy. It was mixed. And we took another about 20% leg down, which marked the bottom. The Clarity Act would be that catalyst to reverse us, to send us back into bull. And I liked this. Senate Banking
Committee member Kevin Cramer does think it's possible by the end of the year. Does think it's possible before summer recess. >> And we just spoke with the head of the CFTC, and he says we're close to the
finish line, but it feels like déjà vu again on that. little you know, we did pass it out of the committee, as you know, out of the votes. But even the Democrats that voted for it in committee won't vote for it on
the floor unless the couple of things are straightened out. One of them being think, by the way, Democrats are insisting on because simply because >> And because he's successful at business, which is bizarre to me. I mean, if we if
successful at something and said they they can't you know, they can't legislate. Uh if they're farmer like Jimmy Carter, they can't sign a farm business, for crying out loud. There there lots of potential conflicts, but
case. I think there are a couple of those things. going to have to work out with Democrats, quite honestly. It's It's >> And if the CFTC uh you know, commissioner chair thinks that that's
that we're close It may be [music] something There may be something that we know. So, I'm still hopeful for clarity. The good thing about clarity, Maria, is both sides do want to do it. They do want to have good legislation along you
>> [music] >> Well, time is running out. >> Now, notice how the big money is taking out their positions now, regardless. JP vocally, have tokenized about $800 million in
have tokenized about $800 million in assets on Ethereum across two funds. Pay attention to what they do, not what they say, and notice which chain they choose to tokenize on. Also, altcoin number two, Cardano founder, says Ethereum is
>> Again and again and again, they say UTXO's too hard for developers, no one literally putting in their three-to-five-year roadmap that they have to pivot to UTXO. >> So, Charles Hoskinson went on a huge
>> So, Charles Hoskinson went on a huge rant against Ethereum, and basically, Hoskinson said Ethereum is trying to copy Cardano's UTXO. By the way, that's the same thing that Bitcoin uses, UTXO model, without naming it.
>> Yes, Vitalik, UTXO's a good idea. I didn't invent it. I perfected it. The Oda Nobunaga of our ecosystem was Satoshi Nakamoto. He created the foundations we stand on,
and he had every opportunity to do bank-style accounting. He chose a much better way to do a distributed And lo and behold, you'll rediscover all the magic that we knew from Satoshi,
his house. And what we did is we perfected it with extended UTXO. >> Meaning Ethereum is quietly adopting some of the key things that make Cardano Cardano. Ethereum now wants any protocol
change would need a review and a hard fork. So, they're going to make an Ethereum is planning potentially, if this goes through, to make a new chain "You're starting to look like us and we already have we already are us."
>> Take a second look at Cardano. I beseech you. ecosystem and it's growing by leaps and bounds. You know what? We don't need to cuz we innovate. We know the future. We've been talking
about the future. >> Also big news coming out of Russia, 626 billion state-owned Sberbank, SBER Bank, just announced they
will launch a Bitcoin and crypto wallet for all Russian citizens. This is Russia's largest bank. They are adopting Bitcoin and crypto at a mass scale never seen before. Putin does not want his country to fall behind.
you're getting value in today's video. It's it's a small thing, but it truly this was interesting from exchange partner Binance. Four of the six fastest growing stablecoins are on Binance and BNB chain. And by the way, these are US
dollar stablecoins. And how this affects you, the stablecoin network effect is taking shape on BNB chain. 10 million average daily transactions, 15 million
average daily transactions, 15 million monthly active addresses, 24% of the BNB network transaction share. It's interesting to see where the US dollar stable coins are flowing. This is an ongoing story. I will keep you updated.
ongoing story. I will keep you updated. Like always, see you tomorrow.