Bitcoin news for August 2, 2026

Bitcoin faces multiple headwinds as a failed soft fork proposal adds uncertainty, while regulatory actions like a Minnesota ATM ban and an SEC review of options approval weigh on sentiment. Market stress is also evident from a $15B stablecoin supply drop, a $16.3B Wall Street loss exposure with an August deadline, and liquidations of crypto option ETFs, suggesting liquidity constraints and risk-off behavior.

Updated 21:50 UTC

How the day unfolded

1. 00:00 UTC

   Bitcoin faces headwinds from a failed BIP-110 soft fork proposal and regulatory scrutiny, including a new Minnesota ATM ban and a SEC review of Nasdaq bitcoin options after a CME challenge. Institutional sentiment is also pressured by Wall Street's $16.3 billion unrealized loss and VanEck's ETF falling $1.4 billion short of its growth target, adding uncertainty to market dynamics.

2. 06:01 UTC

   ...

3. 15:00 UTC

   Bitcoin is under pressure from regulatory and institutional developments, including an SEC review of Nasdaq bitcoin options and a Minnesota ban on crypto ATMs. The market also faces uncertainty from reports of Wall Street holding a $16.3 billion loss and the failed BIP-110 soft fork, which highlight ongoing structural concerns.

4. 18:00 UTC

   Bitcoin is under pressure from a mix of regulatory and institutional headwinds: the failure of the BIP-110 soft fork signals internal governance discord, while reports of Wall Street facing a $16.3 billion loss and forced selling during margin calls point to broader financial strain. Additionally, ETF products like VanEck's are struggling to meet targets, and the SEC is reviewing Nasdaq options approval, adding regulatory uncertainty. These factors collectively weigh on market sentiment for BTC.

Headlines (12)

• IG Group Might Pay Over $2.1B for Prediction Markets Deal, but Its Only a “Funnel”
  www.financemagnates.com · Jul 31, 09:01 UTC
• Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban
  decrypt.co · Jul 31, 11:16 UTC
• Dogecoin treasury firm borrowed $1.4M at 10.7% interest – promising repayment in CleanCore stock already pledged elsewhere
  cryptoslate.com · Jul 31, 17:37 UTC
• The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth target
  cryptoslate.com · Jul 31, 21:37 UTC
• Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing
  cryptoslate.com · Aug 1, 12:03 UTC
• Breaking: Bitcoin BIP-110 Soft Fork Fails After Strong Opposition From Michael Saylor
  coingape.com · Aug 1, 13:29 UTC
• Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop
  cryptoslate.com · Aug 1, 14:03 UTC
• SEC to review Nasdaq bitcoin options approval after CME challenge
  www.coindesk.com · Aug 1, 15:49 UTC
• Minnesota crypto ATM ban goes into effect after reported $1M losses
  cointelegraph.com · Aug 1, 18:10 UTC
• Bitwise is liquidating six crypto option ETFs that offered 25% payouts while returning investors’ own capital
  cryptoslate.com · 01:00 UTC
• The sudden collapse of a $20 billion AI fund reveals why Bitcoin is the first thing Wall Street sells when margin calls hit
  cryptoslate.com · 12:01 UTC
• Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra
  news.bitcoin.com · 16:08 UTC