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Today's Top Crypto Headlines:
Justin Sun Returns from Space | Hayes Predicts BTC Drop | Satoshi Statue Recovered and more...
King Fatrick Gil Añasco
August 04, 2025
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Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Justin Sun Returns from Space: Tron founder Justin Sun completed a Blue Origin spaceflight, reflecting on Earth’s fragility and promoting global stewardship.
Hayes Predicts BTC Drop: Arthur Hayes warns Bitcoin could fall to $100K due to economic headwinds like tariffs and weak credit markets.
💡Feature of the Day - Satoshi Statue Recovered: The vandalized Satoshi Nakamoto statue in Lugano was found damaged in Lake Lugano.
All this and more in today’s headlines!
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📰 News Highlights:
Justin Sun, founder of Tron, has completed a successful suborbital flight aboard Blue Origin mission NS‑34, returning with a renewed appreciation for Earth’s vulnerability.
We just completed our 14th human spaceflight and the 34th flight of the New Shepard program. The crew included: Arvi Bahal, Gökhan Erdem, Deborah Martorell, Lionel Pitchford, J.D. Russell, and H.E. Justin Sun. To date, New Shepard has flown 75 people to space, including five
— Blue Origin (@blueorigin)
1:39 PM • Aug 3, 2025
A long-time goal realized, Sun was joined by five other passengers in this commercial space venture.
Thank you @blueorigin.
— H.E. Justin Sun 👨🏻🚀 (Astronaut Version) (@justinsuntron)
2:15 PM • Aug 3, 2025
Sun bid $28 million in 2021 for the NS‑34 seat and described seeing Earth as a “small blue dot,” echoing the well-known astronaut “Overview Effect.”
He emphasized the need to cherish and protect our planet, calling it a shared home that inspired awe and responsibility.
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Arthur Hayes, co-founder of Maelstrom Fund, warns that rising tariffs, weak credit markets, and soft job data could drag Bitcoin and Ether lower—possibly to $100K and $3K, respectively.
Y? US Tariff bill coming due in 3q … at least the mrkt believes that after NFP print. No major econ is creating enough credit fast enough to boost nominal gdp. So $BTC tests $100k, $ETH tests $3k. Come see my @WebX_Asia Tokyo keynote Aug 25 for more info. Back to the beach.
— Arthur Hayes (@CryptoHayes)
5:10 AM • Aug 2, 2025
His preemptive sell-off reflects caution amid growing economic uncertainty. Hayes offloaded more than $8.3M in ETH, $4.6M in Ethena, and $414K in PEPE, according to on-chain trackers.
Arthur Hayes(@CryptoHayes) sold 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) in the past 6 hours.
intel.arkm.com/explorer/addre…
— Lookonchain (@lookonchain)
1:50 AM • Aug 2, 2025
Major disbursements and stablecoin holdings signal hedging in response to anticipated risk. Hayes ties the outlook to weak US payrolls, slowing credit in major economies, and tariff escalation.
Bitcoin cycles, as we know them, are dead.
You can't compare this phase to the ones that came before.
Not in scale.
Not in structure.
Not in what’s at stake.What we’re seeing now isn’t a reaction to supply, but how bitcoin being absorbed into the system.
It flows through
— Eli Nagar (@EliNagarBrr)
4:57 PM • Aug 2, 2025
These factors may undermine investor appetite for risk assets and push down crypto valuations.
This guy gets it. We’ve been saying same thing. Since BlackRock filing Bitcoin is up like 250% with much less volatility and no vomit-inducing drawdowns. This has helped it attract even bigger fish and gives it fighting chance to be adopted as currency. Downside is prob no more
— Eric Balchunas (@EricBalchunas)
5:19 PM • Jul 26, 2025
Some analysts assert Bitcoin’s volatility is muted compared to pre-ETF cycles. Bloomberg’s Eric Balchunas and Blockware’s Mitchell Askew point to reduced drawdowns in recent months and long-term infrastructure maturity.
BTC/USD looks like two entirely different assets before and after the ETF
The days of parabolic bull markets and devastating bear markets are over
BTC is going to $1,000,000 over the next 10 years through a consistent oscillation between “pump” and “consolidate"
It will bore
— Mitchell Askew ✝️🇺🇸🌞 (@MitchellHODL)
4:18 PM • Jul 25, 2025
💡 Feature of the Day:
The vandalized statue of Bitcoin’s creator in Lugano was recovered from Lake Lugano in broken pieces. The Bitcoin community reacted strongly to the act, offering symbolic defiance and calls for justice.
We want to thank the Municipality of Lugano @luganomycity for helping us to recover the statue that was thrown into the lake.
🙏🏻— Satoshigallery (@satoshigallery)
12:27 PM • Aug 3, 2025
Satoshigallery pledged to install similar statues globally despite the incident. A symbolic bronze statue representing Bitcoin’s pseudonymous founder, Satoshi Nakamoto, has been recovered in Lake Lugano, Switzerland, after suspected vandalism.
@satoshigallery Update: it seems i was right about the turn of events
— Gritto (@Grittoshi)
10:18 AM • Aug 3, 2025
The artwork, installed in Parco Ciani, had a brief disappearance before being retrieved in damaged condition by city workers. Satoshigallery, the art collective behind the statue, confirmed the recovery after offering a 0.1 BTC reward (~$11,000).
Where is Satoshi?
We are offering 0.1 btc to whoever will help us recovering the Statue of Satoshi Nakamoto that was stolen yesterday in Lugano.
You can steal our symbol but you will never be able to steal our souls.
Thank you all for the nice messages.
We are all in this
— Satoshigallery (@satoshigallery)
7:21 AM • Aug 3, 2025
The statue was thrown into the lake and found in multiple pieces, suggesting vandalism rather than theft for profit.
@luganomycity Such a tasteless and stupid thing to do. Hope they find who did it.
— Gabor Gurbacs (@gaborgurbacs)
12:37 PM • Aug 3, 2025
Bitcoin supporters voiced outrage online. Gabor Gurbacs called the act “tasteless and stupid,” while others speculated rowdy Independence Day celebrations caused it.
😂 Crypto Meme of the Day:
Meme of the day provided by @web3.career
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com