Saturday, 8 August 2026 · No. 128
Senate passes Russia sanctions bill 86-11 targeting China and India oil buys.
Lead story · political — US Senate passes Russia sanctions that could hurt India and China (Al Jazeera)
The Lead
The Senate's 86-11 passage of the Lindsey O. Graham Sanctioning Russia Act tightens pressure on major Russian energy buyers including China and India through potential 100 percent tariffs.[1][2] Bitcoin sits near 65,000 dollars with exchange outflows signaling modest accumulation yet MVRV at 1.23 leaves little margin above average cost basis.[3] Hawkish Fed comments on rate hikes clash with stable yields and low VIX, while gold and oil reflect contained commodity demand rather than broad flight from dollars.[4] Consensus treats the sanctions as distant noise for Bitcoin flows, yet the bill's House path and implementation remain open variables that could alter payment rails without immediate price reaction. Whether sustained outflows persist if macro conditions tighten further stays unresolved.
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The Reading
Threat
QUIET
Conviction
66/100
17 sources cited
At Publication
Now and change since Sat 8 Aug
- BTC Price
- $64,952
- 24h Change
- 0.99%
- Fear & Greed
- 30
- Hashrate
- 912.9 EH/s
- MVRV
- 1.23
- Block Height
- 961,538
- S&P 500
- 7,757.64
- VIX
- 14.90
- Gold
- $4400
- DXY
- 99.60
- US 10Y
- 4.66%
- Oil
- $78.18
In This Briefing
The Wire
BITCOIN
Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer — CoinDesk
BITCOIN
Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million — BTC Magazine
CONFLICT
ADNOC Reports 15 Vessel Attacks As Hormuz Risks Mount — ZeroHedge
POLITICAL
Trump is trying to fire Lisa Cook again. He still wants to stack the Fed with his allies. — MarketWatch
POLITICAL
Trump revives effort to fire Fed's Lisa Cook — CNBC
ECONOMY
Here are three key takeaways from the disappointing July jobs report — CNBC
Sources (17)
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