The Great Capitulation: Mallers Exits, Satsuma Liquidates & BitMEX Shuts Down

Back from summer hiatus, David Sencil and Graham Stone return to a market where the bad news keeps piling up - and where that might be the most bullish signal of all.They break down the digital asset treasury unwind: Jack Mallers stepping down at 21 Capital as Tether's control grows, Satsuma shareholders voting to liquidate 668 BTC after a roughly 99% collapse, the expanding list of DATs selling their Bitcoin, and Strategy quietly building a $3.2B dollar reserve to cover its preferred dividends.Then it's the Clarity Act's do-or-die window: Trump's disclosed $1.5B in 2025 crypto profits, the ethics provision critics call "pulling up the ladder," seven Democratic objections, coin-toss odds, and a surprise wave of endorsements from BlackRock, Schwab, Fidelity and Goldman Sachs.Plus: BitMEX shuts down amid a lawsuit alleging "God access" insider trading, Bitmart winds down, and July racks up three exchange closures - the depressing grind David calls bullish bearishness.🎧 Follow the podcast for weekly Bitcoin and crypto market insights, and share this episode with someone who wants to stay ahead of the biggest stories shaping the industry.Then join our community and follow us for the latest updates ⬇️► YouTube: https://www.youtube.com/@BitcoincomNews► X (Bitcoin.com): https://x.com/Bitcoincom► X (Bitcoin.com News): https://x.com/bitcoinnews► Telegram: https://t.me/www_Bitcoin_com► Discord: https://discord.gg/9NGNJEnwmW► Rumble: https://rumble.com/Bitcoincom► LinkedIn (Bitcoin.com): https://www.linkedin.com/company/bitcoin.com/► LinkedIn (Bitcoin.com News): https://www.linkedin.com/company/bitcoin-com-news/