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Strategy CEO Phong Le has defended the firm’s decision to sell 7,000 BTC near $60,000 and later repurchase Bitcoin around $80,000, describing both trades as strategically sound. In a televised interview, Le emphasized that the company’s financial moves are driven by capital management needs rather than attempts to time Bitcoin’s price cycle.

Capital allocation and Bitcoin salesLe clarified that the sale of 7,000 BTC, which accounted for less than 1% of Strategy’s total Bitcoin holdings, was intended to provide funding for preferred dividends. He identified this as a practical choice, stating the action reflected “the right trade at the time,” based strictly on the company’s balance sheet requirements.

He compared the process to companies financing significant infrastructure projects through asset allocation, noting that the motivation for the sale came from internal requirements rather than anticipation of Bitcoin’s price trajectory.

By using Bitcoin reserves for immediate capital needs, the company underscored a business approach focused on financial discipline rather than market speculation.

Following the sale, Strategy rapidly reduced its net debt from $7 billion to zero over approximately two months. During the same period, the company increased its U.S. dollar reserves to $7 billion.

Renewed accumulation strategyWith a strengthened balance sheet, Strategy resumed Bitcoin purchases near $80,000, once again applying a cost-of-capital analysis. Le explained that the company’s capital-raising activity, including strategic share sales at a premium, enabled further exposure to Bitcoin assets.

The approach, he noted, is dynamic and aims to optimize resources as conditions evolve, rather than solely accumulating Bitcoin in a single direction. “Selling at $60,000 addressed capital needs, while buying at $80,000 aligned with our long-term accumulation plan once reserves were rebuilt,” Le explained.

Le cited the importance of disciplined capital allocation, repeating that Strategy’s philosophy is not about market timing, but about strengthening the firm’s overall financial position through careful management of both assets and liabilities.

Le indicated that the company may continue to purchase Bitcoin at higher price levels, naming $90,000, $100,000, and even $130,000 as targets if favorable conditions persist.

Policy stance and market integrationIn addition to outlining the firm’s operational focus, Le addressed an ongoing debate with MSCI, the leading stock index provider. He and Michael Saylor have formally opposed MSCI’s proposal to exclude companies with substantial non-operating asset holdings from global indexes—criteria that would impact companies investing in Bitcoin.

Strategy has argued that current accounting standards already classify Bitcoin gains and losses as operating income, while assets like oil and wood also maintain their status as operating assets under existing index rules. This, the company contended, demonstrates inconsistencies that risk undermining fairness across the capital markets.

Le confirmed that Strategy is actively participating in MSCI’s feedback process regarding these potential changes, highlighting the firm’s ability to raise capital as a key strength within broader financial markets. The company currently holds $6.7 billion in U.S. dollar reserves as part of its capital base.

With shifting regulations and high market volatility, investors are seeking faster, more integrated solutions to monitor the cryptocurrency market. In a landscape where a single Federal Reserve decision or a sudden altcoin listing can move prices dramatically, consolidation of tools has become essential. Many traders are now adopting privacy-first platforms such as CryptoAppsy, which offers real-time charts, price alerts, targeted news updates, and macroeconomic data on a unified dashboard, all without requiring account creation.

US-listed spot Bitcoin exchange-traded funds (ETFs) capped their best month of 2026 alongside Bitcoin’s biggest monthly gain since November 2024.

Bitcoin ETFs attracted $3.52 billion in net inflows in August, their highest monthly total of 2026 and a sharp increase from just $172 million in inflows in July, according to SoSoValue data.

Bitcoin (BTC) gained about 25% in August, its strongest monthly performance since a 37.29% rally in November 2024, according to CoinGlass.

The August momentum quickly gave way to a weaker start to September, as ETF flows turned negative and Bitcoin briefly fell below $77,000.

August cuts year-to-date outflows by 66% to $1.77BAugust’s $3.52 billion in Bitcoin ETF inflows cut year-to-date net outflows by roughly 66%, from $5.29 billion to $1.77 billion.

The biggest monthly outflows came in June at $4.51 billion, followed by $2.43 billion in May and $1.61 billion in January, according to SoSoValue data.

Monthly flows into US spot Bitcoin ETFs in 2026. Source: SoSoValue

The funds recorded net inflows on 16 of 21 trading days in August, including nine consecutive sessions from Aug. 17 through Aug. 27.

Total net assets rose to $99.61 billion at the end of August from $76.29 billion at the end of July, an increase of about 31%. Monthly trading volume climbed nearly 49% to $58.63 billion from $39.37 billion.

September starts with $236M in Bitcoin ETF outflowsUS spot Bitcoin ETFs started September with $236.46 million in net outflows on Tuesday, reversing the $216.70 million in net inflows recorded on Monday. The withdrawal marked the largest daily outflow since July 31, when the funds shed $265.37 million.

The reversal came as Bitcoin briefly fell below $77,000 on Tuesday after trading above $80,000 in late August, according to CoinGecko.

Ether and XRP ETFs remained in positive territory on Tuesday. Spot Ether (ETH) ETFs attracted around $11 million on Tuesday, while spot XRP (XRP) ETFs drew $14.4 million.

August pushed Ether ETFs into positive territory for 2026, with $732 million in year-to-date net inflows after they ended July about $1.12 billion in the red.

XRP ETFs reached $502 million in year-to-date net inflows, up about 46% from $343 million at the end of July.

Magazine: Does the Bitcoin rally mean we haven’t wasted our lives in crypto?

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Bitcoin has slipped to $76,926.53, down 2.2% over the past day, pulling Ethereum and XRP lower with it after US forces struck Iranian targets near the Strait of Hormuz, sending oil prices to their highest level in 40 days and rattling investors across every major asset class.

A Fast-Moving Geopolitical Shock

President Trump confirmed the strikes and warned Iran against retaliating, later adding he isn’t trying to push Iran back to the negotiating table and “couldn’t care less” whether Tehran signs any deal. 

Oil surged past $90 a barrel on the news, its highest print in roughly six weeks, as traders priced in the risk of a prolonged disruption to one of the busiest shipping lanes for global crude.

The fallout wasn’t contained to oil or crypto. Japan’s Nikkei tumbled 2.7%, erasing an estimated ¥31.8 trillion, around $202 billion, in market value, with the damage concentrated heavily in tech stocks. South Korea’s annual inflation came in at 3.1%, slightly below the 3.2% forecast, doing little to offset the broader risk-off mood sweeping through Asian and global markets.

Where the Numbers Stand

Total crypto market cap has slipped to $2.7 trillion, down 1.4% on the day, with $82.4 billion in trading volume. Ethereum has fallen to $2,395.12, down 3.0%, while XRP has dropped to $1.33, down 3.7% on the day. Solana is down 4.0% at $98.77, and BNB has slipped 1.8% to $681.55.

A Familiar Pattern on the Charts?

Not everyone reading the pullback as purely bad news. Analyst Ali Charts pointed to similarities between Bitcoin’s current price structure and its 2023 bottoming pattern, when Bitcoin tested resistance three separate times, each attempt followed by a roughly 20% pullback toward the middle of its trading range, before finally breaking out on a fourth attempt and igniting its last major bull run. 

Bitcoin has already been rejected once near the top of a similar channel this time around, and if the pattern repeats, Ali Charts said further failed breakout attempts and a pullback toward the $70,000 zone could come before any decisive move higher.

For now, the immediate driver remains geopolitical. With US-Iran tensions escalating in real time and oil prices climbing on fears of a wider disruption, crypto markets are trading defensively until there’s more clarity on how far the conflict extends.

Story Ends Here

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Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday, with technical indicators suggesting early weakening momentum across the top three cryptocurrencies following massive gains in August. BTC shows early bearish signals, while ETH has extended its pullback after rejection near $2,500. Meanwhile, XRP is consolidating below key support, keeping the outlook cautious.

Bitcoin shows early bearish signsBitcoin price trades at $77,249 on Wednesday after a mild correction the previous day. Despite the pullback, BTC maintains a bullish near-term bias as price holds well above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between roughly $69,300 and $72,400. 

This stacked configuration of rising EMAs suggests the broader uptrend remains intact, even as Moving Average Convergence Divergence (MACD) has slipped back toward the signal line and turned slightly negative, hinting at some loss of upside momentum while the Relative Strength Index (RSI) eases from overbought territory but stays comfortably above the neutral 50 line.

On the downside, initial support is at the longer-term 200-day EMA around $72,365, the 50-day EMA around $70,295, the 100-day EMA near $69,232, with additional structural floors at $66,500 and $62,300 if a deeper correction unfolds.

On the topside, the next notable resistance aligns with the horizontal barrier at $85,000, and a daily close above this level would reopen the path for the uptrend. In contrast, failure to clear it could encourage further consolidation back toward the EMA support band.

BTC/USDT daily chartEthereum faces rejection from the $2,500 markEthereum trades at $2,407 on Wednesday after rejection near $2,500 the previous day. ETH holds a constructive near-term bias as price trades firmly above the 50-day, 100-day and 200-day EMAs clustered between roughly $2,060 and $2,170, suggesting a supportive medium-term trend despite the latest pullback from recent highs.

The RSI eases to about 63 from overbought territory, hinting at cooling but still positive momentum. At the same time, the Moving Average Convergence Divergence (MACD) has slipped into negative territory, reinforcing the view that upside may be consolidating rather than accelerating in the very near term.

On the topside, immediate resistance emerges at the horizontal barrier near $2,500, with a subsequent cap at $3,000 where sellers are likely to reassert control if the recovery extends.

On the downside, initial support appears at the 200-day EMA around $2,167, reinforced by the 50-day EMA near $2,126 and the 100-day EMA near $2,053. At the same time, a deeper retreat would bring the psychological $2,000 horizontal floor into focus.

ETH/USDT daily chartXRP slips below key supportXRP price trades at $1.342 on Wednesday, consolidating just under the 200-day EMA at $1.350, leaving the broader bias neutral as it holds above the clustered 50-day and 100-day EMAs around $1.216 but has yet to reclaim its longer-term trend barrier.

The RSI at 57 shows mildly positive but not overbought momentum, while the MACD has slipped slightly negative, hinting at waning upside pressure after the recent surge.

On the topside, immediate resistance is defined by the 200-day EMA at $1.350; a daily close above this level would expose the next notable cap at the horizontal resistance near $1.900.

On the downside, initial demand is seen at the horizontal support around $1.300, with stronger structural support emerging from the 50-day EMA at $1.216 and the 100-day EMA at $1.215; a loss of these levels could trigger a deeper pullback toward the psychological and historical floor near $1.000.

XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)

Cryptocurrency metrics FAQs The developer or creator of each cryptocurrency decides on the total number of tokens that can be minted or issued. Only a certain number of these assets can be minted by mining, staking or other mechanisms. This is defined by the algorithm of the underlying blockchain technology. On the other hand, circulating supply can also be decreased via actions such as burning tokens, or mistakenly sending assets to addresses of other incompatible blockchains.

Market capitalization is the result of multiplying the circulating supply of a certain asset by the asset’s current market value.

Trading volume refers to the total number of tokens for a specific asset that has been transacted or exchanged between buyers and sellers within set trading hours, for example, 24 hours. It is used to gauge market sentiment, this metric combines all volumes on centralized exchanges and decentralized exchanges. Increasing trading volume often denotes the demand for a certain asset as more people are buying and selling the cryptocurrency.

Funding rates are a concept designed to encourage traders to take positions and ensure perpetual contract prices match spot markets. It defines a mechanism by exchanges to ensure that future prices and index prices periodic payments regularly converge. When the funding rate is positive, the price of the perpetual contract is higher than the mark price. This means traders who are bullish and have opened long positions pay traders who are in short positions. On the other hand, a negative funding rate means perpetual prices are below the mark price, and hence traders with short positions pay traders who have opened long positions.

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ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19.

Summary

Bitcoin reaches its 51% hash-rate threshold through three mining pools, according to the joint report. Ethereum requires three staking entities to exceed 33%, although pooled delegation complicates direct control assumptions. Solana’s Nakamoto coefficient is 19, but nearly all measured infrastructure operates inside commercial data centers. Bitcoin’s infrastructure is comparatively dispersed, with 63% of measured nodes operating anonymously through Tor networks. Ethereum hosts roughly 49% of execution-layer nodes in clouds, including 20% through Amazon Web Services. The 32-page report, titled The Decentralization Spectrum: Design Tradeoffs in Digital Assets, compares the networks across ownership, exit fluidity, verification costs, critical resilience, reconstruction costs and infrastructure distribution.

The findings do not mean three companies control Bitcoin or Ethereum. The metric counts mining pools and staking platforms as entities, even when the underlying hardware, stake or node operators belong to separate participants who may withdraw or redirect their resources.

Bitcoin’s three-pool threshold does not equal ownership The report applied a 51% hash-rate threshold to Bitcoin. Foundry USA represented 27.27% of the measured hash rate, followed by AntPool at 17.06% and F2Pool at 16.96%. Together, the three pools exceeded 61%.

This produced a Nakamoto coefficient of three, defined as the minimum number of measured entities needed to cross a network’s critical production threshold. ViaBTC controlled another 9.50%, while SpiderPool represented 5.82%.

Mining pools coordinate block construction and distribute rewards, but they do not necessarily own the machines producing their hash rate. Independent miners connect to pools to receive steadier income and can redirect their computing power elsewhere.

That mobility limits how closely pool concentration can be equated with permanent control. The report estimated a Bitcoin miner could switch a 1% hash-rate position in approximately 29 seconds. A coordinated attack or censorship attempt could prompt participants to leave the responsible pools.

Pools still influence transaction inclusion and ordering because they usually provide the block templates miners use. Pool concentration therefore represents an operational risk, even if it overstates the concentration of underlying mining ownership.

The issue is not new. Earlier crypto.news reporting found that two mining pools produced a majority of sampled Bitcoin blocks in late 2022. Pool shares have changed since then, but production continues to be concentrated among several large coordinators.

Ethereum crosses a lower threshold through pooled stake ARK and Glassnode applied a 33% stake threshold to Ethereum because participants controlling one-third of staked ETH can disrupt finality. This differs from Bitcoin’s 51% majority threshold, so the two coefficients do not describe identical powers.

Lido represented 23.04% of staked ETH in the report’s July data. Binance controlled 8.88%, and Kraken held 6.91%. Those three entities collectively represented approximately 38.8%, taking Ethereum above the selected threshold.

Lido is not a single validator. It distributes stake among multiple node operators, although those operators participate through a common protocol and governance framework. The report therefore treats Lido as shared infrastructure that aggregates economic weight rather than one machine or company directly controlling every validator.

Ethereum’s exit mechanics also restrict validator mobility. The report estimated that exiting a 1% position would take around 14.6 days under current conditions and as long as 55.6 days under heavy congestion. That is much slower than redirecting Bitcoin hash rate.

Client diversity provides another layer of resilience. The study placed Geth’s execution-client share at 34.88%, followed by Nethermind at 26.96% and Reth at 18.98%. Lighthouse represented 54.16% of consensus clients.

Different clients independently implement Ethereum’s rules, reducing the portion of the network exposed to one software defect. The relationship between Ethereum nodes and their software clients means validator concentration alone cannot describe the network’s full failure risk.

Solana’s 19-validator result comes with infrastructure costs Solana recorded the highest Nakamoto coefficient for the selected block-production threshold. The report found that 19 validators were needed to control more than 33% of delegated stake.

Figment was the largest individual validator at 3.78%, followed by Helius at 3.69%, Jupiter at 2.91%, Binance Staking at 2.81% and Ledger by Figment at 2.16%. The remaining 84.65% was spread across other validators.

One passage in the report says Solana requires 20 entities, but its chart, comparison table and published Glassnode summary all report a coefficient of 19. The table also says the figure increased from 18 in March 2026.

Solana’s validator distribution performed well on this particular measure, but its physical infrastructure was more concentrated. Approximately 100% of the infrastructure measured by the researchers operated in commercial data centers. About 68% was in Europe, while 21% was in North America.

TeraSwitch hosted 30.23% of measured stake, and the top two hosting companies served around 35.7%. Common infrastructure can create correlated failures even when the validator set contains many separate operators.

That risk became visible in August when 102 of 699 Solana validators stopped voting during a TeraSwitch routing problem. Solana continued processing transactions, but the episode showed how one infrastructure failure can affect multiple otherwise independent validators.

The report used Solana geographic data from November 2024, while most Bitcoin and Ethereum infrastructure data came from July 2026. That timing difference limits direct comparisons and leaves room for Solana’s distribution to have changed.

Bitcoin leads infrastructure resilience and auditability Bitcoin had the least expensive verification requirements in the study. The researchers estimated hardware for a full node at $289, compared with $730 for Ethereum and $21,478 for a Solana RPC node or validator-class configuration.

Its measured full-chain storage requirement was 753 gigabytes. Ethereum required approximately two terabytes for a full archive setup, while reconstructing Solana’s history was estimated at 480 terabytes because historical data is commonly offloaded to external providers.

Bitcoin also had the most distributed hosting profile. Only 16% of measured infrastructure operated in data centers, while 63% of nodes used Tor. Another 15% was residential or self-hosted.

Ethereum placed approximately 49% of execution-layer nodes in cloud environments and 45% in self-hosted settings. AWS alone hosted around 20%, while the top two providers accounted for approximately 27%.

Solana’s higher hardware and bandwidth demands reflect its focus on throughput. The tradeoff is that fewer ordinary users can independently recreate or verify the full network history using consumer equipment.

No single score settles blockchain decentralization The report ultimately ranked Bitcoin as the most decentralized of the three networks overall, followed by Ethereum and Solana. Bitcoin led in ownership distribution, auditability and geographic resilience.

Ethereum generally occupied the middle across the six dimensions. Solana scored strongly for its critical resilience threshold and validator participation but ranked lower for ownership distribution, verification accessibility and infrastructure diversity.

The methodology remains sensitive to how entities are grouped. Exchanges can hold tokens for many customers, mining pools aggregate independent miners, and staking protocols coordinate multiple operators. Wallet-size bands can likewise combine custodial assets belonging to thousands of users.

The comparison is therefore more useful as a map of separate concentration risks than as a definitive ranking. A network may distribute block production broadly while relying heavily on several hosting companies, software clients or governance organizations.

Future editions could improve comparability by using synchronized data dates, separating pools from underlying resource owners and distinguishing censorship thresholds from thresholds capable of rewriting finalized history.

FAQs Do three entities control Bitcoin? No. Three measured mining pools exceeded 51% of hash rate, but independent miners supply much of that computing power and can change pools.

Can three Ethereum platforms rewrite the blockchain? The report’s three-entity figure concerns the 33% stake threshold associated with disrupting finality. It does not represent the stronger two-thirds threshold needed for other consensus actions.

Why does Solana score 19? The 19 figure is the minimum number of validators whose combined delegated stake exceeds the report’s 33% threshold.

Which blockchain did the report rank as most decentralized? Bitcoin ranked highest overall due to its accessible verification, dispersed ownership and comparatively resilient geographic infrastructure.

Remixpoint has sold its entire altcoin portfolio for ¥878.8 million, leaving the Japanese listed company with roughly 1,506 Bitcoin as its only cryptocurrency holding.

Summary

Remixpoint sold all of its ETH, SOL, XRP and DOGE holdings on September 1 for ¥878.8 million. The transactions generated a combined realized profit of ¥117.8 million, which will be booked as business segment revenue in the second quarter. Remixpoint now holds only Bitcoin in its crypto portfolio, with its balance standing at approximately 1,506 BTC. The company plans to consider using the sale proceeds for grid scale battery assets, strengthening its finances and other corporate measures. According to a September 2 disclosure from Remixpoint, the company sold all of its Ethereum, Solana, XRP and Dogecoin on September 1 after reviewing market conditions, the risk and return profile of each asset and its financial strategy. The transactions generated a combined realized profit of ¥117.77 million.

The company said the portfolio change would concentrate its crypto holdings and establish Bitcoin as the main asset under its holding and operational strategy. Remixpoint plans to book roughly ¥117 million from the altcoin sales as business segment revenue in the second quarter of its fiscal year ending March 2027.

Ethereum accounted for the largest portion of the sale by value. Remixpoint disposed of 901.44672542 ETH for ¥353.43 million, compared with a book value of ¥293.22 million, producing a profit of ¥60.2 million.

Its 13,920.07255868 SOL position was sold for ¥227.89 million against a book value of ¥178.58 million. The Solana transaction generated another ¥49.3 million in realized gains.

Remixpoint received ¥260.43 million from the sale of 1.191 million XRP, resulting in an ¥11.52 million profit. Dogecoin was the only position sold at a loss, with 2.802 million DOGE generating ¥37.08 million compared with its ¥40.34 million book value. The DOGE sale resulted in a ¥3.26 million loss.

Combined, the four positions had a book value of ¥761.04 million before being sold for ¥878.81 million.

Ethereum and Solana had previously generated income for the company through staking. Between July 16, 2025 and August 31, 2026, Remixpoint received ¥10.93 million in staking rewards from ETH and ¥18.94 million from SOL, taking total rewards from the two assets to ¥29.87 million. The company received all of those rewards in yen.

Remixpoint had built a diversified crypto portfolio before concentrating its holdings in Bitcoin. In November 2024, crypto.news previously reported that its holdings included Bitcoin, Ethereum, Solana, Avalanche, Dogecoin and XRP. At the time, the company held 215.76 BTC, while Solana was its second-largest crypto position by value.

By December 2024, its Bitcoin balance had increased to 282.87 BTC after another ¥200 million purchase. The company then held ETH, SOL, AVAX, DOGE and XRP alongside Bitcoin, with an aggregate acquisition cost of ¥4 billion across the portfolio.

Bitcoin becomes Remixpoint’s sole crypto holding Following the September 1 sales, Remixpoint said its cryptocurrency holdings consisted solely of approximately 1,506 BTC.

The decision extends a Bitcoin strategy that the company had been expanding since 2024. Remixpoint approved another ¥1 billion Bitcoin purchase in May 2025 after committing ¥11 billion to cryptocurrency purchases and spending ¥10.5 billion of that amount. The additional allocation would have taken its approved crypto investment to ¥12 billion at the time.

Its Bitcoin strategy accelerated two months later when Remixpoint announced a financing plan designed to raise approximately $215 million. The company said at the time that it intended to increase its Bitcoin exposure, while its crypto portfolio still included ETH, XRP and SOL. Its Bitcoin balance then stood at roughly 1,051 BTC.

Remixpoint reinforced the strategy in July 2025 when CEO Yoshihiko Takahashi chose to receive his salary in Bitcoin. The arrangement made Remixpoint the first publicly listed Japanese company to pay its chief executive entirely in BTC, with the company converting an amount equal to Takahashi’s salary into Bitcoin before transferring it to him.

Bitcoin lending has since generated revenue from the company’s holdings. Remixpoint’s September 2 filing showed that lending operations produced 14.92055902 BTC, valued at ¥164.22 million, between February 24 and August 31. Monthly lending income reached 2.48356398 BTC, worth ¥31.15 million, in August alone.

Japanese companies continue building Bitcoin treasuries Remixpoint’s Bitcoin concentration comes as other Japanese listed companies have developed treasury strategies centered on the cryptocurrency.

Metaplanet held 43,000 BTC after adding 2,823 Bitcoin during the second quarter of 2026. The company reported an overall average acquisition price of ¥15.3 million per Bitcoin, while revenue from its Bitcoin Income Generation business fell roughly 41% quarter over quarter to ¥1.747 billion.

Metaplanet has moved beyond accumulation into financial products tied to its treasury. In July, the company completed its ¥2.1 billion acquisition of Siiibo Securities and launched Metaplanet Securities, a regulated business intended to develop Bitcoin-backed bonds and digital credit products.

Remixpoint, meanwhile, said the ¥878.81 million raised from its altcoin disposals would be considered for expanding assets in business areas it has identified for future growth, including grid-scale storage batteries. The company named strengthening its financial base and other measures intended to improve corporate and shareholder value among the potential uses of the proceeds.

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Bitcoin has experienced a significant surge in the past week, climbing from around $62,000 to over $81,000. This recovery in BTC price has pushed the “Kimchi premium,” a key indicator of the cryptocurrency market in South Korea, back into positive territory.

This development, which indicates a strengthening appetite for risky assets among South Korean retail investors, is also considered a noteworthy signal for Bitcoin.

According to Bloomberg, as of September 1, the price of Bitcoin in Korean won on Upbit, South Korea’s largest cryptocurrency exchange, was trading approximately 1% higher than the dollar-based price of Bitcoin on Binance. In other words, Bitcoin is trading at about 1% higher in the South Korean market compared to global markets.

Bloomberg reported that Bitcoin prices in South Korea traded at a premium compared to global markets for about a week, the longest period of appreciation seen since early May.

What Does “Kimchi Primi” Mean? “Kimchi premium” refers to the difference between the price of Bitcoin traded in South Korea and its price on global markets. During periods of increased demand for cryptocurrencies among South Korean investors, local prices can exceed global market prices.

Therefore, the kimchi premium is considered one of the indicators used to track not only price differential but also the risk appetite of individual investors in South Korea and, more broadly, in Asia.

Analyst Says South Korean Investors Are Making Aggressive Buys During Risky Times! Rachael Lucas, an analyst at BTC Markets, told Bloomberg that South Korean individual investors tend to aggressively increase their Bitcoin purchases during periods of increased risk appetite.

Lucas said that the shift in South Korea from trading at a discount to trading at a premium compared to overseas exchanges resulted in stronger returns in the following weeks.

Experts Wary of Kimchi Priming! While the resurgence of the Kimchi Premium in South Korea is interpreted as positive for BTC, it is not seen as a guarantee of a new Bitcoin rally on its own.

Speaking to Bloomberg, Markus Thielen, head of 10x Research, noted that while the premium has turned positive, spot trading volumes haven’t increased to the same extent. Thielen believes it’s too early to say that South Korean investors have yet become the main driver of the Bitcoin price recovery.

*This is not investment advice.

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In brief Bitcoin has closed 8 of the last 13 Septembers in the red, averaging a 2.97% loss, the worst month of the year by both average and median return. September 2025 broke the streak with a 5.16% gain, Bitcoin's third straight green close, only for October to turn negative for the first time since 2018 days before a Trump tariff threat triggered $19 billion in liquidations. Bitcoin opens September 2026 around $77,500 after a near 25% jump in August, with the Fed weighing its first hike since 2023 and a midterm election year stacking its own seasonal drag on top. Bitcoin investors have lost money in eight of the last 13 Septembers. The S&P 500 has averaged a loss in September since 1945, and researchers at Yardeni have traced the pattern all the way back to 1928.

Bitcoin didn't invent this curse, but still the digital asset has joined it.

Myriad: Bitcoin price next move? Click to make your prediction.Crypto traders call it "Red September," a cyclical market boogeyman of sorts that resurfaces every year right around now. But it isn't superstition. It's a data pattern stubborn enough that both a fifteen-year-old asset and a hundred-year-old stock index can't shake it.

But why though?

The math behind the curseSince 2013, Bitcoin has closed September lower eight times out of 13 completed years, a 38.5% win rate, according to monthly return data tracked by CoinGlass. The average return is negative 2.97%, the median is negative 2.44%, and both numbers matter here: a negative median means even a "normal" September loses money, not just a couple of catastrophic ones dragging the average down.

Bitcoin monthly returns. Image: CoinglassOnly June comes close, averaging a smaller 1.59% loss over the same stretch. Everything else on the calendar is positive on average. October, the best month by a mile, has returned 19.92% on average with a 14.71% median, the "Uptober" reputation crypto Twitter always celebrates when the time comes.

August deserves a footnote here, because the number lies. Its average return is a perfectly respectable positive 2.82%, but its median is negative 6.99%. Translation: most Augusts lose money, and it's only the freak years among them that boost the average into positive territory.

It's not just cryptoWall Street's version of this is older and better documented. The S&P 500 has averaged roughly a 0.6% decline in September since 1945, according to Chase's own market research, and it's the only month with a negative long-run average. Zoom out to 1928 and the number gets worse, closer to a 1.1% to 1.2% average loss.

Nobody agrees on why. The leading theories: mutual funds close their fiscal year on October 31 and dump losers in September to harvest tax losses; institutional desks return from summer break and execute deferred de-risking all at once; and the Fed's mid-month meeting tends to land right in the middle of the chop.

None of those explain Bitcoin, which doesn't have a fiscal year or a summer vacation, but is still a financial investment nonetheless.

This year carries an extra layer. 2026 is a midterm election year, and across the last 10 midterm cycles since 1986, the average U.S. stock market low has landed on September 2, with drawdowns averaging nearly 17% from the prior high before markets recover. Bitcoin trades more like a high-beta tech stock than a hedge these days, so that correlation cuts both ways.

What happened last SeptemberLast year's Red September followed the script, then flipped it. Bitcoin opened the month trading right around $108,000 with its RSI reading oversold near 38, and DYOR CEO Ben Kurland told Decrypt the idea of Red September is "more myth than math."

Math won the early rounds. By mid-month, a brutal week had wiped roughly $162 billion off crypto's total market cap and pushed Bitcoin down toward $112,000, briefly touching an intraday low near $111,986. Myriad, the prediction market built by Decrypt's parent company Dastan, had traders pricing nearly 60% odds of another red day at the bottom.

Bitcoin price data. Image: TradingviewBitcoin clawed back anyway. ETF inflows played a role. CryptoQuant flagged long-term holders rotating coins into ETFs as a bullish tell, and Bitcoin rallied above $114,000 to close the month up 5.16%, the third consecutive green September on record.

Then October wrecked the partyThe redemption arc lasted six days. Bitcoin hit a fresh all-time high above $126,000 on October 6, and the "Uptober" trade looked bulletproof again.

It wasn't. On October 10, President Donald Trump threatened 100% tariffs on Chinese imports, and crypto became the only market open to react. Within 24 hours, $19 billion in margin positions were wiped out, 1.6 million traders got liquidated, and market maker Wintermute told Decrypt it stopped trading entirely because the move broke its own internal risk rules.

Bitcoin fell from above $121,000 to briefly below $102,000 that day, dragging altcoins down even harder. Some layer-2 tokens lost 70% within hours. October closed down 3.69%, only the third red October since 2013, and the damage kept compounding: November finished down 17.67%, Bitcoin's worst November since 2018, on its way to a 21-month low near $59,300 by this past June. Crypto traders have taken to calling that stretch the crypto winter.

So last year was atypical. We had Uptember and Red October, which is not how the market universe tends to behave.

Bitcoin's setup this time

Bitcoin is trading around $77,500 as September opens, down slightly on the day after closing out a nearly 25% August, its best August since 2021. That rally has stalled just under resistance between $81,455 and $82,538, with support sitting in the $73,670 to $75,157 zone underneath.

Bitcoin price data. Image: TradingviewThe macro picture has flipped hard since spring. Fed Chair Kevin Warsh used his first Jackson Hole speech to flag that the PCE price index is running 3.7% annually and accelerating on a six-month basis, and CME’s FedWatch tool now put the odds of a September rate hike at 68.2. The 30-year Treasury yield touched 5.28% in late August, a level last seen before the 2008 financial crisis.

Gold has been rallying right alongside Bitcoin, which tells you something about what's actually driving this: not risk appetite so much as a growing debasement trade, investors hedging against a Fed that might be forced to keep printing while inflation refuses to cooperate. The SEC's proposed Regulation Crypto Assets rule, published August 18, adds a rare regulatory tailwind to an otherwise jumpy setup.

The next hard date is September 15 to 16, when the Fed decides whether to hike rates for the first time since its 2022-2023 tightening cycle, a stretch that dragged Bitcoin down roughly 65% to a $15,500 low in November 2022.

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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Cathie Wood’s ARK Invest is sounding the institutional alarm on crypto, and for once, the data backs up the enthusiasm. The firm’s latest research shows that spot Bitcoin ETFs and digital asset trusts now control 12.2% of Bitcoin’s total supply, a figure that would have seemed absurd just two years ago when the SEC was still playing keep-away with spot ETF applications.

ARK’s own crypto-linked assets across its suite of ETFs have surpassed $2.15 billion as of November 2025.

The numbers behind the narrative ARK’s flagship fintech ETF, ARKF, has allocated approximately 29% of its portfolio to digital assets. The fund’s holdings span major crypto-adjacent companies like Coinbase and Circle, alongside ARK’s own ARKB Bitcoin ETF, creating a layered exposure strategy that gives investors multiple entry points into the digital asset ecosystem.

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The firm has also continued purchasing crypto-related equities during market dips throughout 2025 and into 2026.

From retail frenzy to institutional infrastructure ARK has reinforced its commitment to broadening access by filing for two crypto index ETFs tied to the CoinDesk 20 in December 2025. One fund would include Bitcoin exposure, while the other would exclude it via futures, essentially letting investors choose whether they want the flagship asset in their broader crypto basket.

The CoinDesk 20 index covers the largest digital assets by market capitalization, so these ETFs would give traditional investors a diversified crypto portfolio through a single ticker.

What the bear market thesis means ARK’s research points to a transition from retail to institutional demand for Bitcoin through regulated vehicles like spot ETFs. On-chain data can reveal patterns invisible in price charts alone, such as whether long-term holders are accumulating or distributing, and whether network usage is growing independent of speculative trading volume.

ARK’s filing for CoinDesk 20 index ETFs also signals something about competitive positioning. The firm isn’t content to compete solely on Bitcoin exposure, where BlackRock’s iShares Bitcoin Trust has dominated flows. By moving into broader crypto index products, ARK is carving out territory in a segment where fewer incumbents have established themselves.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Bitcoin Analysis: Institutional Risk Tolerance Crucial For Market Outlook

BLOOMBERG: Bitcoin's (XBT) Biggest Hoarders Are Becoming Buffett Wannabes

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets.

Summary

Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled at $94.65, while U.S. crude closed above $90 per barrel. U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz. Bitcoin price falls below $77,000 The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at 12 p.m. ET on Tuesday, citing recent attempted attacks against commercial vessels in the Strait of Hormuz and U.S. military personnel stationed in the region.

Bitcoin (BTC) fell through $78,000 as reports of the operation emerged before extending its decline below $77,000. The cryptocurrency traded around $76,762 at the time of writing, after falling from an intraday high near $79,166.

Selling also reached Ethereum (ETH), which moved below $2,400 during the market decline. According to CoinGlass data cited in the original report, roughly $115 million in leveraged long positions across the crypto market were liquidated within one hour.

Liquidations occur when an exchange closes a leveraged position after the trader’s collateral can no longer cover mounting losses. A rapid price decline can therefore force the closure of long positions, adding more sell orders to an already weak market.

One day earlier, Bitcoin had held near $78,000 even as earlier exchanges between U.S. and Iranian forces pushed crude prices above $90. The latest round of strikes placed renewed pressure on that price area and erased the asset’s brief attempt to hold above short-term support.

The decline has also followed a strong August for Bitcoin. BTC gained about 23% during the month, according to market data cited in earlier coverage, before renewed geopolitical and interest-rate concerns weighed on the opening trading sessions of September.

US strikes increase pressure near the Strait of Hormuz According to CENTCOM’s account, the operation followed alleged Iranian attempts to attack commercial shipping in the Strait of Hormuz and American service members deployed to the region.

Iranian state media reported explosions across several locations on the country’s southern coast, including Qeshm Island, Bandar Abbas and Chabahar. Reports cited by Axios also identified Jask, Konarak, Minab and Sirik among the areas struck.

Qeshm Island and Bandar Abbas sit close to the Strait of Hormuz, a key passage connecting Persian Gulf energy exporters with international markets. Before the current conflict, roughly one-fifth of global oil and liquefied natural gas supplies moved through the waterway, according to Reuters data previously cited in market coverage.

The Associated Press reported that Tuesday’s action ended roughly a month without direct military exchanges between the two countries. Earlier U.S. strikes on Sunday targeted rocket launchers on Larak Island, after which Iran launched missiles toward American sites in Jordan. Jordanian forces intercepted the missiles, while the United Arab Emirates said it stopped an Iranian drone over its waters.

Following Tuesday’s strikes, Iranian semi-official news agencies Fars and Tasnim reported that Tehran had started launching missiles and drones in response. An IRGC spokesperson said the United States “will regret its new attacks,” according to Fars.

President Donald Trump described the American operation as “large and powerful” and warned Tehran against further retaliation. According to Trump, another Iranian response would lead to a “much harder and higher level” of U.S. attack.

Iranian President Masoud Pezeshkian had said earlier on Tuesday that Tehran was prepared to return to a ceasefire agreement brokered with Washington in June if the United States followed its terms. Trump later questioned the value of another agreement during comments reported by the Associated Press.

Oil above $90 adds inflation and rate pressure Crude prices accelerated as military activity returned to areas around the Strait of Hormuz. Reuters reported that Brent crude settled 4.6% higher at $94.65 per barrel, while U.S. West Texas Intermediate rose 5.2% to $90.22.

Oil traders were also monitoring reports that two tankers had been hit while leaving the strait. Iranian officials have warned that Gulf oil exports could face additional disruption if military and economic pressure on Tehran continues.

Earlier exchanges between Washington and Tehran had already exposed the sensitivity of financial markets to oil supply risks. In July, a warning of further U.S. strikes coincided with a $500 billion stock selloff as crude prices rose and Bitcoin came under pressure.

Higher energy prices matter to U.S. crypto investors because a sustained rise in fuel costs can feed into inflation data and influence Federal Reserve policy. U.S. Treasury yields rose during Tuesday’s trading, while the S&P 500 fell to its lowest level since Aug. 4, according to market data cited in the original report.

August inflation data and the Federal Reserve’s September policy decision could therefore affect Bitcoin’s next move. In August, Bitcoin rebounded after CPI data showed annual U.S. inflation at 3.4%, but oil supply disruptions could place fresh pressure on subsequent readings.

Federal Reserve Chair Kevin Warsh has maintained a firm position on inflation and left open the possibility of higher interest rates. Rising Treasury yields can increase the appeal of interest-bearing assets while raising financing costs, conditions that have previously weighed on Bitcoin and other assets that do not produce yield.

US markets fall as leveraged crypto positions unwind Pressure from the military escalation has not remained confined to digital assets. U.S. equities declined as investors assessed the effect of higher oil prices, while the selloff in government bonds pushed Treasury yields upward.

Bitcoin’s fall below $77,000 placed the asset close to the lower end of the price range it had established after its August rally. The intraday low near $76,483 left the $76,500 area as an immediate level being tested by sellers, based on market pricing during the session.

A sustained break below that region would remove another support area that previously slowed declines. Any recovery would first require Bitcoin to regain $77,000, followed by the former support zone between $78,000 and $79,000.

Liquidation data offer another measure of the pressure facing leveraged traders. CoinGlass attributed the one-hour liquidation total of roughly $115 million mainly to long positions, indicating that traders positioned for higher prices absorbed most of the forced closures during the drop.

Meanwhile, Iran’s response remained active late Tuesday, with Fars and Tasnim reporting new missile and drone launches after the U.S. operation. American officials said the initial strikes were directed at Iranian radar and military capabilities associated with threats to commercial vessels and U.S. personnel.

Wall Street’s biggest desks turned defensive as September opened. CNBC’s Investment Committee did the opposite. None of its four members plans to sell.

The split comes as stocks enter the month after 27 record closes this year. September is also the weakest month on the calendar.

Why Wall Street Is Buying ProtectionScott Rubner runs equity and equity derivatives strategy at Citadel Securities and came from Goldman Sachs. His August 31 note made three points.

Earnings are done.
Companies authorized more than $1.1 trillion in buybacks through August. Those buyers go quiet from September 12.

Retail steps back too.
Rubner’s data shows September has the year’s weakest dip buying. Purchases on down days run near half the normal pace.

Hedges are cheap.
The VIX closed August at 14.4, its second lowest finish since December 2025.

“Use strength to reduce some exposure and add inexpensive protection into this event window,” he noted.

Others followed, with JPMorgan’s trading desk moving to neutral. Wells Fargo turned cautious on fears that AI spending has peaked.

Both were far more bullish weeks ago, when JPMorgan raised S&P forecasts as hedging demand dried up.

Why the Committee Is Not Selling
Joe Terranova, Virtus Investment Partners
Momentum fell double digits this quarter while quality rose 1.5%. The market has somewhere to land, he says, so he will not turn bearish yet.

Stephanie Link, Hightower
She is not trying to time the month. Any dip becomes a chance to add to positions she has been building. Value has beaten growth by 14% this year.

Jason Snipe, Odyssey Capital Advisors
He calls himself a long-term investor, not a tactical trader. A soft patch is where he adds exposure.

Josh Brown, Ritholtz Wealth Management
Momentum peaked on June 22 and has fallen 13.7% since. That rotation already happened, he argues. Trading the calendar only creates taxable gains.

The Investment Committee explain how they are setting up their portfolios as we head into September. Source: CNBCFollow us on X to get the latest news as it happens

However, the record is milder than the reputation, because since 1950, September has cost the S&P 500 just 0.6% on average. The month still finished higher 34 times out of 75.

The economy is also holding up. Job openings stayed at 7.3 million in July, the Labor Department reported Tuesday.

Job openings rose from 7.18m in June to 7.27m in July, but beneath the surface measures of labor churn ticked lower:

Quits rate 2% >> 1.9%
Hires rate 3.4% >> 3.2%
Layoffs rate 1.1% >> 1.0% pic.twitter.com/TO3qeBMJ15

— Liz Thomas (@LizThomasStrat) September 1, 2026
Bitcoin (BTC) faces the same test. BTC traded near $77,130 on Tuesday, down over 2% over the last 24 hours. Both markets carry a weak September seasonality record.

Bitcoin Price Performance. Source: BeInCryptoThe desks are paying for insurance. The committee is waiting for the sale.

Bitcoin (BTC) today is down by 2.16% to trade at about $77,000 following extensive bond sell-offs, a hawkish Fed note, and renewed hostilities in the Middle East. While $80K remains a crucial ceiling to clear on the road to $90K, the question of when Bitcoin will permanently cross the six-figure line also lingers.

Bitcoin at $100,000K: when does it happen?According to Giovanni Santostasi’s Bitcoin Power Law Theory, the asset is trading at roughly 56.7% below its fair value of $178,860. This is essentially the midline between the current resistance ceiling/cycle peak of $553,000 and a support line/absolute bottom of $63,460.

Source: Bitbo

Historically, Bitcoin trading at 0-10% above the lower resistance has signaled an optimal buying zone. Even more, the Power Law predicts that Bitcoin will cross the $100,000 support line for good after 2028.

Predictions for 2026-2030Per the Power Law model, here are the projections for BTC price at the end of 2026 through 2030.

End of 2026: support line at $69,500, fair value at $198,700, and resistance ceiling at $615,000.

End of 2027: support line at $95,400, fair value at $272,500, and resistance ceiling at $844,000.

End of 2029: support line at $171,300, fair value at $489,500, and resistance ceiling at $1,515,000.

End of 2030: support line at $224,800, fair value at $642,400, and resistance ceiling at $1,990,000.

Caveats to the Power LawHistorically, the Bitcoin Power Law has been quite reliable in long-term predictions such as the 2015, 2018, and 2022 bottoms. 

It has, however, fallen short in near-term predictions due to BTC’s volatility. Furthermore, its chart assumes Bitcoin adoption will forever be up, and it fails to price in events such as halving cycles, miner capitulation, and regulatory, macroeconomic, or geopolitical shocks.

Several financial announcements are scheduled for this month, along with a Congressional vote on the Digital Assets CLARITY Act.

Story Ends Here

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4 minutes ago

According to BIT (bit.com) market data, the escalating US-Iran conflict has seen the US military strike targets inside Iran. US President Donald Trump warned Iran would face far more severe retaliation if it launches a counterattack, while Iran has initiated its own response. The renewed conflict has boosted crude oil prices while pressuring US stocks and cryptocurrencies, with Bitcoin briefly falling below $77,000. At the close of US trading, the Dow Jones Industrial Average dropped 0.79%, the S&P 500 fell 0.71%, and the Nasdaq Composite declined 1.03%. US sectors including semiconductors, storage, optical communications, and cryptocurrencies all retreated. Global sovereign bond yields hit their highest level since 2008, with the 10-year US Treasury yield hitting a near 20-month peak. The US Dollar Index rebounded to near a two-week high, while the Japanese yen weakened below 160, hitting its lowest level since the US intervened in the foreign exchange market in late July. Semiconductor and storage sector performance: Seagate Technology (STX) down 1.42%, Western Digital (WDC) down 0.02%, SanDisk (SNDK) down 1.90%, Micron Technology (MU) down 2.64%, Nvidia (NVDA) down 1.51%, Intel (INTC) down 0.60%, Advanced Micro Devices (AMD) down 2.36%, Broadcom (AVGO) down 0.18%, Qualcomm (QCOM) down 2.27%. Crypto-related stocks: Strategy (MSTR) down 6.06%, Coinbase Global (COIN) down 6.01%, Circle Internet Financial (CRCL) down 6.35%, BitMine Immersion (BMNR) down 7.70%. Optical communications stocks: Marvell Technology (MRVL) down 0.60%, Applied Optoelectronics (AAOI) down 3.99%, Lumentum Holdings (LITE) down 5.01%, Coherent Corp. (COHR) down 2.09%, Ciena Corporation (CIEN) down 5.87%, Nokia (NOK) down 2.07%. According to Bitget market data, Brent crude oil rose 4.5% to $94.5 per barrel.

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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) slid Tuesday after President Trump announced U.S. strikes on Iranian targets near the Strait of Hormuz and warned of a larger attack to come.

Trump posted on Truth Social that the U.S. is striking Iranian targets near the Strait of Hormuz in retaliation for Iran attempting to place sea mines in the waterway and firing eight missiles at a US military base in Jordan. 

The Kobeissi Letter flagged on X that Brent crude spiked toward $96 per barrel on the news, up nearly 5% on the session. 

With oil and yields rising simultaneously, the Dow, S&P 500 (NYSE:SPY), and Nasdaq all traded lower, putting global risk-off firmly back on the table and creating the worst possible setup for risk assets heading into the session.

What Analysts Are Saying About YieldsPeter Schiff posted on X that as long as deficit spending continues, the Fed will keep printing money and buying Treasuries, meaning small rate hikes will not reduce inflation but instead fuel it by widening budget deficits further.

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As Coindesk reported, notable Bitcoin analyst James Lavish commented on a key global bond yield gauge hitting its highest level since 2008, calling it “the death of fiat in a slow-motion train crash.” 

Analyst Caleb Franzen added that literally everyone in the market now expects yields to move higher, a level of consensus that itself carries contrarian risk.

Rising yields matter for Bitcoin because higher returns on safe government bonds pull capital away from risk assets like crypto, making it harder for Bitcoin to hold recent gains without fresh spot demand stepping in.

Bitcoin and Ethereum Price Prediction: Key Levels to WatchBTC pulled back after tagging a high of $82,207, its highest print since May. Price now tests the 0.786 Fibonacci support at $76,984, the same zone that acted as resistance through June and July before the breakout. 

Holding that level keeps the breakout structure intact while losing it risks a deeper move toward $72,900.

Meanwhile, ETH is consolidating inside an ascending triangle below flat resistance at $2,485. 

RSI at 64.86 remains in bullish territory after cooling from above 80, with the 20-day EMA at $2,308 as the first real support below.

Key levels for BTC and ETH: BTC — support $76,984, resistance $82,207 ETH — support $2,308, resistance $2,485 Photo via Shutterstock

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

US-Iran War Update: Bitcoin Price Falls Below $77K as US Military Begins New Strikes

Robert Kiyosaki says he owes $1.2 billion. The “Rich Dad Poor Dad” author borrowed that money against apartment buildings, not against the Bitcoin (BTC) and gold he promotes to millions of followers.

His former wife and business partner, Kim Kiyosaki, said the figure covers borrowing shared with partners across roughly 1,500 units. Her account puts his own exposure far below the headline.

The $1.2 Billion Is a Partnership TotalKiyosaki has repeated the number all summer, most recently on the “Get Rich Education” podcast.

“So, I’m a billion two in debt,” the New York reported, citing Kiyosaki.

Follow us on X to get the latest news as it happens

Vanity Fair, whose profile the Post drew on, put his personal share nearer $30 million to $60 million, working backward from his claim of about $3 million in yearly income. That is a fraction of the figure he advertises.

The mechanics are ordinary multifamily finance. When a building appreciates, the owners refinance, and the cash arrives untaxed because nothing was sold. Each deal also sits inside its own limited liability company (LLC), so trouble at one property does not travel to the rest.

Not everyone reads that as safety. John Poole, founder of the Scottsdale consultancy JPTD Partners, told the Post that borrowed money behaves very differently once prices stop climbing.

“Leverage works beautifully on the way up, and if it’s not continuing on that way up, then it’s like a chainsaw financially coming down,” the Post added, citing John Poole of JPTD Partners.

Bitcoin and Gold Sit on the Other SideThe debt story lands awkwardly because Kiyosaki spends most of his airtime telling followers to hold gold and Bitcoin rather than dollars. In July he named Bitcoin and Ethereum beside gold as his own defense against a currency he calls fake.

Those holdings are not the collateral. BTC, which trades near $77,425 after slipping 1.8% in a day, secures none of the loans described in the reporting. The mortgages sit on brick and rent rolls.

Bitcoin Price Performance. Source: BeInCryptoThat leaves a tension he rarely addresses. He warns that cheap credit will break the system, even as US borrowing nears $40 trillion, while running a portfolio that depends on the same credit staying available.

History gives the caution some weight. One of his companies, Rich Global LLC, filed for Chapter 7 in 2012 after losing a judgment, according to ABC News.

Refinancing keeps working while rents cover payments and lenders keep lending. Will Kiyosaki’s followers really understand which half of his message carries the risk?

Bitcoin is hovering near $77,000 amid concerns over a potential Federal Reserve rate hike and September’s historically weak seasonality.

Notable Statistics:

Coinglass data shows 70,352 traders were liquidated in the past 24 hours for $216.58 million.        SoSoValue data shows net inflows of $216.7 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $87.7 million. In the past 24 hours, top gainers include Arbitrum, Curve DAO and Uniswap. Notable Developments:

Is Bitcoin’s Best August in Years Ready for September Volatility?Bitcoin Rallied 172% and 350% After Its Last Gold Correlation Spikes: Will History Repeat?Dollar ‘Endgame’ Is Great News For Bitcoin and Gold, Says Industry ExpertBitcoin On-Chain Analysis Shows Whales Are Buying—But So Is ‘Hot Money’Gary Cardone Calls $5M Bitcoin ‘Stupid’ but Critic Says That’s a ‘Logical Fallacy’Strategy Slams MSCI Rule as a ‘Pretext’ to Exclude Bitcoin CompaniesRipple, SettleMint Team Up Amid ‘Surprisingly Resilient’ XRP ETF FlowsTrader Notes:

Altcoin Sherpa remains bullish on Bitcoin but sees the current range as unclear and says a short-term reset is possible. He expects centralized-exchange altcoins to stay choppy until BTC breaks out, while on-chain tokens could continue producing outperformers.

Michael van de Poppe noted Bitcoin remains stuck in a choppy range while altcoins show relative strength. He sees a possible BTC liquidity sweep toward $76,000, which could offer an entry opportunity.

CryptosBatman highlighted that Bitcoin posted its first green August since 2021, but history points to caution: every previous positive August was followed by a red September, traditionally one of BTC’s weakest months.

Image: Shutterstock

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Altcoins

1 September 2026 | 20:01 Crypto opened September lower as government-bond yields climbed and officials renewed their focus on the yen, leaving Bitcoin near $77,500 without evidence of market-wide capitulation.

Key Takeaways Bitcoin fell 1.45% to roughly $77,500. Monero and TRON led daily losses. Rising yields make speculative assets less attractive. A rapid yen reversal threatens carry trades. September opens with a controlled pullback Bitcoin traded at approximately $77,500 at 19:50 UTC on September 1, down 1.45% over 24 hours, according to CoinMarketCap. The CMC20 index declined 1.11% over the same period, placing Bitcoin’s move inside a broader but still contained market pullback.

Among the leading cryptocurrencies tracked at the time, Monero posted the steepest daily loss, falling 3.6% to $502. TRON dropped 2.8% to $0.32, Solana lost 1.6% to $101 and Ethereum declined 1.5% to $2,430. Monero nevertheless remained almost 13% higher over seven days, while Solana retained a weekly gain of 2.6%. Their daily losses therefore followed recent strength rather than extending a weeklong sell-off.

The losses were broad enough to show weaker risk appetite, but not severe enough to establish that investors were rushing out of crypto. The crypto pullback coincided with a sharper repricing in oil and government bonds, where the potential consequences extended beyond a single trading session.

Oil and Fed expectations push yields higher Reuters reported that the US 10-year Treasury yield reached 4.80% before easing toward 4.77%, while Brent crude moved above $92 per barrel. The geopolitical pressure intensified later in the session when The Guardian reported that US forces had begun striking IRGC targets after the US military accused Iran of attempting attacks against commercial shipping and American personnel in the region. Further disruption around the strait could keep oil prices elevated and make inflation more difficult for central banks to contain.

The Federal Reserve reinforced that concern on September 1. Governor Michael Barr said inflation remained too high and argued that policymakers should raise rates decisively if price growth failed to moderate sufficiently. Interest-rate futures placed the probability of a September increase near 68%, according to Reuters.

That combination creates a direct valuation problem for crypto. Higher Treasury yields improve the return available from lower-risk assets while raising the cost of financing leveraged positions. Bitcoin does not need to experience a wave of bond-driven selling for those conditions to matter; investors are being offered more compensation for holding cash and government debt at the same time that speculative exposure is becoming more expensive.

Rates also explain why Japan cannot be treated as a separate currency footnote. The yen finances carry trades across global markets, while rising Japanese yields can make those positions more expensive to maintain. The speed and method of any policy response therefore matter more than the exchange rate alone.

The yen threat is a reversal, not weakness itself The yen’s slide toward 160 per dollar is not automatically bearish for Bitcoin. Japan’s historically low borrowing costs have allowed investors to borrow in yen and place that capital into assets offering higher potential returns. A weak currency can keep that strategy attractive as long as financing remains inexpensive and the exchange rate moves gradually.

The risk begins when the yen strengthens quickly or Japanese borrowing costs rise far enough to undermine those positions. Investors may then need to sell assets elsewhere, repurchase yen and repay their funding, allowing pressure that begins in Japan to reach equities, bonds and crypto.

That possibility returned to view after Japan’s 10-year government-bond yield touched 3% for the first time since 1996. Following an August 31 meeting, Japan’s Ministry of Finance said Japanese and US officials had reaffirmed that an orderly yen market was essential for global financial stability and that their joint efforts would continue.

The wording signals closer scrutiny, but it does not confirm another intervention. A gradual stabilization would give leveraged investors time to adjust, whereas a sharp reversal caused by intervention or higher Bank of Japan rates could force positions to close much faster. The funding method matters as well. That distinction shaped our earlier examination of Arthur Hayes’ yen thesis for Bitcoin, which showed why supporting the currency through liquidity facilities could produce different consequences from an aggressive BOJ tightening cycle.

Nothing in the September 1 crypto move proves that such an unwind has started. Evidence would require more than a weak trading session: the yen would need to appreciate rapidly as losses spread across leveraged markets and Bitcoin weakened alongside other risk assets. Until those conditions appear together, the currency remains a credible vulnerability rather than the established cause of the current decline.

Bitcoin still has room above $76,000 Bitcoin’s decline pushed it below $78,000 but left it above the first visible support area around $76,000. The daily BTC chart places the next deeper reference near $72,400, while the recent $80,000–$81,000 highs remain the barrier buyers must clear.

Bitcoin (BTC/USD) daily chart with Fibonacci retracement levels and RSI. Source: TradingView, Bitstamp. Captured September 1, 2026. A daily close below $76,000 would show that the pullback is reaching beyond the opening reaction to higher yields. Reclaiming $80,000 would instead indicate that buyers absorbed the macro pressure. Until either boundary breaks on a daily closing basis, Bitcoin remains under pressure without confirming a larger trend change.

September’s opening move is still a rates story As of time of writing the market is probably reacting to higher yields and a less favorable Federal Reserve outlook, while the yen remains a conditional risk. A sudden currency reversal accompanied by a Bitcoin close below $76,000 might be the first sign that those two pressures were beginning to reinforce each other.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice.

Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

Iran’s key energy hub port was attacked by the US military

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Key Takeaways Digital wallets connected to North Korea’s state-backed Lazarus Group liquidated more than $30 million worth of Bitcoin through Hyperliquid during a three-week period The funds were exchanged for Ethereum and Solana before being transferred to Kraken, LBank, and KuCoin exchanges Payward, the company behind Kraken, is conducting advanced negotiations with Hyperliquid Labs to provide perpetual futures trading to American customers The CFTC is working with Hyperliquid to establish a compliant entry into the U.S. market, according to President Trump The decentralized platform has facilitated more than $5.19 trillion in total perpetual contract trading volume Digital wallets associated with the notorious Lazarus Group from North Korea offloaded over $30 million in Bitcoin through the Hyperliquid platform across a three-week timeframe, according to new findings that emerge as Kraken’s parent entity pursues regulatory pathways to introduce the platform to American traders.

Lazarus-Linked Wallets Move Over $30M Through Hyperliquid as U.S. Explores Regulated Entry

Arkham researcher Emmett Gallic said addresses linked to the OFAC-sanctioned North Korean hacking group Lazarus Group have recently moved more than $30 million through Hyperliquid, with… pic.twitter.com/qZsHNZ7uQx

— Wu Blockchain (@WuBlockchain) August 31, 2026

On-chain intelligence provided by Arkham and analyzed by CoinDesk revealed that wallets connected to the state-sponsored cybercriminal operation were actively routing capital through the decentralized derivatives exchange.

The Bitcoin liquidations were subsequently swapped for Ethereum and Solana tokens. These digital assets were then channeled to major centralized trading platforms, specifically Kraken, LBank, and KuCoin.

The wallets were initially identified by cryptocurrency investigator ZachXBT during 2024. Arkham Intelligence subsequently tagged these addresses as being affiliated with the Lazarus Group.

CoinDesk reported that it was unable to determine the identity of those controlling the receiving accounts or verify whether the exchanges had knowledge of the funds’ origins.

Exchange Statements Kraken emphasized that regulatory compliance remains fundamental to its business model and confirmed it tracks blockchain transactions using specialized analytics services. The exchange stated its systems are engineered to prevent assets originating from sanctioned addresses from entering its platform.

LBank recognized the complexity of the situation, noting that illicit fund movements spanning multiple platforms, blockchain networks, and legal jurisdictions represent a sector-wide challenge that cannot be addressed by any individual entity.

KuCoin stated it could not verify the alleged activity without access to the specific wallet information. The platform noted that public blockchain records don’t necessarily reflect compliance measures implemented after digital assets arrive at an exchange.

Hyperliquid did not provide a response to inquiries.

The United States Treasury Department imposed sanctions on the Lazarus Group in 2019. The organization has been implicated in numerous cryptocurrency heists, most notably the $625 million Ronin Network breach in 2022. According to Chainalysis research, cryptocurrency transactions associated with sanctioned nations surged 694% throughout 2025.

Hyperliquid’s model permits users to execute trades directly from their cryptocurrency wallets without establishing conventional brokerage accounts or completing know-your-customer verification procedures. This framework creates challenges for regulatory bodies attempting to implement sanctions screening at the user account level.

This incident marks not the first appearance of North Korean-connected wallets on Hyperliquid. During December 2024, a security analyst from MetaMask discovered suspected North Korean wallets that had been conducting trades on the platform since at least October of that year. The revelation prompted approximately $250 million in net withdrawals within 24 hours.

Payward Negotiates U.S. Market Entry Concurrently, Payward is conducting advanced discussions with Hyperliquid Labs regarding the provision of specific perpetual contracts to American traders via Bitnomial, its derivatives platform regulated by the Commodity Futures Trading Commission.

According to Bloomberg’s reporting, Payward has presented a preliminary framework for the proposed arrangement to the CFTC. The agreement remains contingent upon regulatory authorization. Representatives from both Payward and Hyperliquid Labs declined to provide comments.

During a White House gathering on August 19, President Trump acknowledged the initiative, stating the CFTC was actively working to facilitate Hyperliquid’s entry into the United States market through “fully compliant and legal fashion.”

Payward completed its acquisition of Bitnomial in May for a valuation reaching $550 million. The transaction provided access to a designated contract market, derivatives clearing organization, and futures commission merchant licensing. Kraken introduced regulated perpetual contracts for qualified U.S. customers in June.

Hyperliquid has facilitated over $5.19 trillion in aggregate perpetual contract volume and maintained approximately $13.3 billion in open interest at the time of this report.