Thinking Crypto News & Interviews

CRYPTO FLASH CRASH! SCOTT BESSENT BITCOIN RESERVE & CITIGROUP STABLECOINS!

Aug 15, 2025
The cryptocurrency market experiences a dramatic flash crash, leaving investors on edge. US Treasury Secretary Bessent discusses the government's stance on Bitcoin, highlighting obstacles in acquiring it as a reserve. Meanwhile, Citigroup makes headlines with plans to expand into crypto payment services and custody solutions. Whale activity drives market trends as investors react to volatility. Innovative trading tools are emerging, simplifying user experience and enhancing access to decentralized applications, signaling a promising future for the industry.
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INSIGHT

Flash Crash Was A Short-Term Blip

  • The flash crash was a short-term blip within a larger bull market and market structure still looks intact.
  • Tony Edward attributes the move to leverage clearing and expects support levels to form before continuation higher.
ADVICE

Stay Patient Through Volatility

  • Be patient and expect volatility during the bull market rather than panic at pullbacks.
  • Focus on macro view and support levels instead of short-term price noise.
INSIGHT

Leverage Clearing Reset The Market

  • Market participants saw both large short and long liquidations recently, suggesting a clearing of leverage.
  • Edward views this deleveraging as a reset that precedes further upward movement.
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