The Bitcoin rally is clearly starting to lose some of its shine. The products linked to it are already feeling the consequences. After a strong series of inflows, the machine has slightly jammed. We now wonder if it’s just a pause or the beginning of a real slowdown.
In brief Bitcoin ETFs recorded $201.8 million in net outflows on August 28, ending a nine-day streak of inflows that had drained more than $3 billion. ARKB concentrated most of the withdrawals with $114.9 million, followed by BITB and IBIT, while Morgan Stanley was an exception. Ethereum ETFs continued their streak with a twelfth day of inflows and $102.2 million, while Solana ETFs crossed the billion-dollar cumulative mark. Bitcoin was pushed below $81,000, an area where a significant share of supply concentrates, and is now testing supports around $77,500. The Bitcoin ETF buying machine finally stalls On August 28, 2026, the streak of nine consecutive days of inflows in Bitcoin ETFs ended. Net outflows reached $201.8 million. ARKB accounted for the largest share with $114.9 million. BITB followed with $49.7 million and IBIT with $33.4 million. Morgan Stanley was somewhat of an exception, recording $9.3 million in inflows.
The previous streak had still drained more than $3 billion. The peak was at $606 million on August 20. Nonetheless, August remains the strongest month of 2026 for these products, with $3.3 billion in net inflows.
Total assets fell back to $97.6 billion after briefly exceeding $100 billion. The price of Bitcoin slipped from $81,000 down to around $77,500. Analyst afsheenjaf summarized the situation quite clearly:
Bitcoin just lost the support nobody was watching. Why? Because $6.4 billion in options expired this morning.
This halt comes just after a failed test of the $81,000 zone.
Ethereum and Solana crypto ETFs keep attracting money While Bitcoin stalled, other crypto coins continued to attract money. Ethereum ETFs logged their twelfth consecutive day of inflows, with $102.2 million on August 28. XRP ETFs added $26.2 million.
Solana ETFs reached $1.7 billion in cumulative flows. The Bitwise Solana ETF even became the first fund of its category to cross the billion-dollar mark. Eric Balchunas, analyst at Bloomberg, found the performance “impressive” despite a first semester he described as a “nightmare downturn.”
Ether actually outperformed Bitcoin for the week, with a 31.3% increase compared to 23.6% for BTC. This divergence raises some questions. Are investors really turning to altcoins? Or is it just a timing shift?
For now, the rotation seems real. It could continue if Bitcoin remains stuck below $80,000.
The $80,000 wall is still holding Bitcoin back The technical resistance is indeed present. Glassnode shows that 8% of Bitcoin supply was bought between $80,000 and $82,000. About 5% is concentrated precisely around $80,000. The 50-week moving average sits at $81,081. BTC tested this level on August 28 before being pushed back. The Bitfinex analyst team described the move as “a squeeze that hit a defined population of sellers.”
The expiration of $6.4 billion in options removed part of the forced buying around $80,000. Analyst afsheenjaf anticipates a possible “shakeout” before the next phase. If Bitcoin loses $77,500, the next support lies at $75,000.
A clear rebound above $78,500 would be a rather positive signal for some traders. The weekend therefore looks quite important for what comes next.
Will the inflows return after the weekend? The outflows on August 28 represent only 6.6% of the $3 billion accumulated during the nine-day streak. Several analysts see it more as profit-taking rather than a true institutional disengagement. The future will depend heavily on upcoming macroeconomic data.
The employment report and CPI will arrive before the September 16 meeting. Bloomberg Chief Economist Anna Wong anticipates potentially weak or even negative figures. ETFs still hold more than one million bitcoins. This stock remains a sign of longer-term conviction.
If Bitcoin remains stuck below $80,000, the rotation toward other cryptocurrencies could continue. The question remains open. Will the market consolidate before rebounding, or enter a more pronounced correction? The coming days should provide answers.
Key figures to watch BTC price at time of writing: $77,709 Net outflow of Bitcoin ETFs on August 28: $201.8 million Duration of the broken inflow streak: 9 days Next major technical support: $75,000 Net inflows in August for Bitcoin ETFs: $3.3 billion Recent events push crypto traders to look a bit further ahead. Understanding and trading the gold-dollar pair becomes interesting in this context of fiscal tensions. Markets move fast. Strategies must keep up.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
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Arthur Hayes argues Treasury Secretary Scott Bessent is running the same money-printing playbook former Secretary Janet Yellen used in 2023. If the pattern holds, the math points to a six-figure Bitcoin target.
Bessent’s Treasury has already doubled long-term bond buyback operations this month. Hayes says the policy mirrors the liquidity mechanics that fueled Bitcoin’s 2023-2024 rally under Yellen.
Why Hayes Sees a Bessent-Yellen RepeatHayes, the BitMEX co-founder and Maelstrom chief investment officer, made a similar case in a recent Hayes interview. He argues Bessent faces the same problem Yellen did in 2023. Both face a government that keeps spending. Historically, that has forced a Treasury Secretary to defend the 10-year yield below 5%.
Yellen’s fix was shifting issuance toward short-term bills. The move drained the Fed’s reverse repo facility from $2.5 trillion to about $100 billion. That drawdown ran from mid-2023 to January 2025, when Bessent took over. That cash flowed into bank reserves and, Hayes argues, into Bitcoin’s 2023-2024 rally.
A snap shot of Bitcoin’s price action from the start of 2023 – at around $16,000 – to the end of 2024 where it tipped over $100,000. Image Source: CoinGeckoBessent’s version of the same trade is already underway. The Treasury doubled long-term bond buybacks from $2 billion to $4 billion per operation this month. Officials are also weighing whether to tap the roughly $950 billion Treasury General Account (TGA) to fund even larger purchases.
The move briefly pushed Bitcoin to $80,000 before it slipped back near $78,800. That mirrors how quickly the bond market clawed back August’s earlier buyback rally.
The Bitcoin Math Behind the $224,000 TargetApplying Hayes’ 2023 comparison literally produces a specific target. Bitcoin traded near $26,000 in mid-2023, when Yellen’s bill-heavy issuance began draining the reverse repo facility. It peaked near $73,750 in March 2024, before the halving and spot ETF approvals added their own momentum. That’s a 2.84x move.
Applying the same multiple to Bitcoin’s current price of roughly $78,800 produces a target near $224,000. That figure is a simple calculation based on Hayes’ framework, not a number Hayes stated himself.
But, the number does carry some caveats. The 2023-2024 rally wasn’t driven by reverse repo drainage alone. Spot Bitcoin ETF approval in January 2024 and April 2024’s halving both landed in the same window. Each moved price independently of Treasury issuance mechanics. However, implicit money printing has always been a big catalyst for Bitcoin growth
Citadel Securities has also pushed back on Bessent’s buyback strategy. The firm warns the approach resembles financial repression that could weaken the dollar and stoke inflation.
Whether Bitcoin gets anywhere near that math depends on one thing.
Can Bessent’s buybacks hold up better than August’s first attempt did? Or will they fade the way the bond market rally already has twice this month?
Hayes: Treasury Policy Is the New Liquidity LeverBitMEX co-founder Arthur Hayes (@CryptoHayes) says a new $BTC bull market may already be underway, and the catalyst has nothing to do with the Federal Reserve cutting interest rates.
In his August 25 essay, "Same Same But Different," Hayes points to a shift in US Treasury policy as the key driver.
His core argument is that this mechanism can expand dollar liquidity without requiring the Fed to act at all.
A Playbook Hayes Has Seen Before He sees the current setup as a potential repeat of that liquidity-driven environment, which coincided with a significant rally in risk assets.
On that basis, he believes the latest Treasury actions could trigger a similar rally for Bitcoin and other cryptocurrencies.
It is worth noting that Hayes's views represent one interpretation of Treasury mechanics. Markets may not respond as predicted, and the relationship between Treasury buyback activity and Bitcoin price action remains a matter of debate among analysts.
Sources:
crypto.news: Bitcoin bull market underway, Arthur Hayes says
Yahoo Finance: Arthur Hayes: Dollar Liquidity Will Drive BTC Higher in 2026
Kuaishou: Beijing Keling signs an affiliation agreement with the National Artificial Intelligence Fund and Chia Tai Robot.
Kuaishou released an announcement stating that on August 31, 2026, Beijing Keling entered into capital increase agreements with the National Artificial Intelligence Fund and CITIC Robot respectively. Per the agreements, the National Artificial Intelligence Fund and CITIC Robot will each act as additional investors in the deal, injecting RMB 1.4 billion in cash and approximately $19.29 million (equivalent to around RMB 131.45 million) into Beijing Keling respectively.
10 minutes ago
The yield on the 5-year U.S. Treasury note rose to 4.5%, marking its highest level since January 2025.
The yield on the US 5-year Treasury note rose to 4.5%, its highest level since January 2025.
10 minutes ago
Bill Gates: Will not invest in cryptocurrency, skeptical of 'frenzy-driven assets'
Microsoft co-founder Bill Gates, during an interview when asked if he would diversify his assets into currencies or assets other than the U.S. dollar, said: "I would not choose cryptocurrency. I am a well-known skeptic of assets driven purely by hype. I missed out on gold. I think generally, a basket of stocks is the best long-term investment, ideally a globally balanced portfolio of stocks."
10 minutes ago
Cronos chain has resumed block production, with its chain state rolled back to before the Tectonic exploit.
Cronos Network has officially announced that it has resumed block production and full operation. Prior to this, Cronos suspended block production following a vulnerability exploit incident involving the Tectonic protocol. Validators implemented emergency consensus measures to protect user funds, rolling back the chain state to a point before the Tectonic exploit on August 30. The network resumed block production at 23:49:01 UTC on August 30, starting from block height 90,896,189. Cronos noted that node operators can now restart their nodes using Cronos v1.7.8 and the latest mainnet snapshot. The network remains under continuous monitoring, with some protocols, RPC providers, block explorers, and cross-chain bridges expected to take longer to fully recover. Cronos added that its team will release a full incident review report once network stability is confirmed.
10 minutes ago
Mediatek: Alphabet Participates in $3.9 Billion Overseas Convertible Bond Offering
MediaTek stated that Alphabet (GOOG.O), one of its long-term artificial intelligence infrastructure partners, participated in the company’s record $3.9 billion overseas convertible bond offering.
Arthur Hayes believes that the Strategy stock is no longer the best way to gain exposure to bitcoin. According to the BitMEX co-founder, the removal of the premium once granted to the MSTR share weakens the financial process that allowed the company to issue shares and obtain more BTC. However, this analysis does not explain an immediate insolvency risk. It is mainly related to Strategy’s ability to continue its growth without diluting its shareholders.
In brief Arthur Hayes believes that MSTR is no longer the best option to gain exposure to Bitcoin. The disappearance of the mNAV premium weakens Strategy’s accumulation mechanism. Strategy might resort to dilution, BTC sales, or reducing distributions. Its $3.75 billion reserve prevents an immediate financial crisis. Bitcoin ETFs now appear as a simpler alternative in Hayes’s eyes. The disappearance of the premium leaves three options for Strategy During an interview with journalist Laura Shin, Arthur Hayes shared his reasoning. Bitcoin was around 80,000 dollars at the time, while Strategy‘s mNAV based on enterprise value was close to 1.01. Its variants (simple and diluted) were respectively 0.73 and 0.74 on August 27.
The mNAV evaluates Strategy’s capitalization relative to its cryptos, especially its bitcoins. If this ratio exceeds 1, the company can issue new shares at a price higher than the value of the equivalent BTC. Then, it uses the capital obtained after this sale to strengthen its reserve. The decrease of this premium makes this operation less advantageous and can trigger dilution.
Faced with this scenario, Hayes identifies three fundamental options for Michael Saylor :
Issuing new shares, with a significant dilution risk for MSTR holders ; Selling part of the bitcoins, which would directly reduce the reserve that underlies the group’s valuation ; Reducing certain distributions, risking upsetting investors attracted by preferred shares’ yields. For Hayes, this model can weaken even without a bitcoin collapse. A prolonged stagnation is sufficient, as it reduces investor interest in a stock that offers a more complex and riskier exposure than a Bitcoin ETF.
Bitcoin sales are already no longer theoretical Strategy currently owns 840,447 BTC, according to its official ledger. Their total acquisition cost is close to 63.36 billion dollars, or an average price of 75,385 dollars per unit.
The company’s holdings were still at 847,363 BTC on June 22. They have since dropped by 6,916 BTC in less than two months. Strategy has a program that allows it to sell BTC to finance its dollar reserve.
Strategy has developed a program that allows it to sell BTC to finance its dollar reserve, pay dividends and interests, or repurchase certain shares. The company had already sold 218.4 million dollars worth of bitcoins since the start of the year as of July 26.
This policy ends the image of a company that would continuously hold all of its BTC. However, it does not mean that Strategy is abandoning this accumulation model. Its reserves remain about 168,000 BTC higher than their level at the end of 2025.
Arthur Hayes nevertheless believes that Bitcoin ETFs currently offer a simple solution. A product like BlackRock’s IBIT directly tracks BTC value, without exposing the investor to debt, preferred shares, or Strategy’s own financial decisions.
The dollar reserve prevents an immediate crisis Strategy’s annual obligations related to dividends and interests peak at nearly 1.5 billion dollars. This cost puts continuous pressure on cash flow, but the company still has many levers to cover it.
At the end of July, its dollar reserve was around 3.75 billion dollars. This amount represented more than 25 months of coverage for dividends and interests, according to the second quarter results. The company had also reduced its convertible debt from 8.21 to 6.71 billion dollars.
Hayes’ warning thus rests more on the future effectiveness of the model than on Strategy’s survival. When the mNAV sustainably recovers a premium, the company will begin issuing shares under more favorable conditions again. Otherwise, these financing mechanisms will become more solicited.
The progression of the mNAV and the number of BTC per share will be the main data to watch. A simultaneous correction of these two indicators would confirm the weakening mentioned by Hayes. Their recovery would, on the contrary, prove that Strategy still holds its capacity to provide significant exposure to bitcoin.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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Bitcoin (CRYPTO: BTC) has likely bottomed near $58,000-$60,000 and could grind higher into a "hated rally" as the U.S. moves toward de facto yield curve control, according to BitMEX co-founder Arthur Hayes.
Speaking on Cointelegraph’s "Trade Secrets" on Friday, Hayes said the market is starting to understand that U.S. debt is too large and too expensive to finance without more liquidity support.
According to Hayes, the key driver is not politics but liquidity.
Treasury Secretary Scott Bessent’s long-end Treasury buybacks are a signal that the U.S. is moving toward yield curve control, even if officials do not call it that.
"They call it Treasury buyback […] but at the end of the day, it’s money printing," Hayes pointed out.
Hayes made the case that the U.S. government must be able to issue debt affordably and if long-term yields threaten that system, policymakers will "print as much money" and change as many rules as needed.
Trending
Bitcoin, Ethereum (CRYPTO: ETH) and other crypto assets should respond well to that.
Hayes’ Bitcoin Price TargetHayes said Bitcoin could reach $150,000 by year-end and potentially $1 million by 2030 but warned investors not to treat price targets as precision forecasts: "I predict the narrative. Then you pick the fastest horse."
For now, he said the narrative has shifted bullish because the market is seeing the first signs of U.S. yield curve control.
He does not expect Bitcoin to immediately jump to $120,000. Instead, he sees a slow grind higher as more evidence builds that Treasuries are no longer "money good" in size.
Trump Is Not The CatalystHayes dismissed the idea that President Donald Trump’s comments on Bitcoin or crypto policy are driving the rally, saying Trump is irrelevant: "Read the Treasury. Read the Fed. Read the monetary authorities."
Hayes also downplayed the CLARITY Act, as crypto regulation is not likely to be a top political priority compared with issues like housing affordability, electricity prices and data center costs.
Why Hayes Has His Eyes on ETHHayes’ top current risk-reward trade is Ethereum (CRYPTO: ETH), not Hyperliquid.
His reasoning is simple: everyone hates ETH.
"It’s the one mega-cap crypto that has not eclipsed its 2021 all-time high," Hayes stated.
Ethereum remains the base layer for DeFi and still has the strongest developer ecosystem, but investors needed to see price action first before remembering the bull case.
In a bullish scenario, Ethereum could rise 3x to 5x quickly if capital rotates back into the asset.
Hayes also named Ethena (CRYPTO: ENA) as another strong risk-reward trade since it benefits when the synthetic dollar trade becomes expensive, which usually happens when Bitcoin starts rising and funding markets heat up.
On meme coins, Hayes said another broad meme coin season is unlikely. The next winners will need real communities or major personalities behind them.
"Random person on social media is not going to be able to create a $100 million meme coin" as easily as before, he pointed out.
Image: Shutterstock
Read Also: Trump Family’s New Crypto Bank Is 49% Owned by Group Behind $500 Million World Liberty Bet: WSJ
Reform UK has stripped crypto firms from its conference sponsor list. The move lands days after British police revealed a $1.4 million Bitcoin forfeiture.
Nigel Farage’s party is selling diplomats and manufacturers instead.
Reform UK’s annual conference opens in Birmingham next week. Last year the digital payments firm Zebec headlined as a key backer. This year no crypto company appears on the sponsor list.
Perks have gone too, with free tickets and access to senior figures also cut, Bloomberg reported, citing people familiar with the arrangements.
Reform UK is highlighting its diplomatic clout and de-emphasizing support from crypto companies as Nigel Farage’s populist party seeks to show that it’s ready to lead Britain https://t.co/9Fdy9xauxH
— Bloomberg (@business) August 29, 2026
It comes as a parliamentary probe is examining whether Farage should have declared £5 million from Christopher Harborne, a Thailand-based crypto investor. Farage’s crypto lobbying has drawn separate scrutiny this year.
Diplomats and Manufacturers Take the Stage Instead
Farage’s populist party holds just eight of 650 Commons seats, yet polls place it in contention for 2029.
Honorary treasurer Nick Candy is promoting foreign guests. Envoys from India, Italy, Poland, the UAE and the US are expected, alongside French National Rally leader Jordan Bardella.
“The scale and breadth of the diplomatic presence at the conference next week is a clear indication of how seriously Reform is being taken internationally,” Nick Candy, Reform UK honorary treasurer, speaking to Bloomberg.
However, not everyone is convinced. Renewable energy executives remain reluctant to appear, according to a City of London public relations executive. They fear legitimizing the party.
On its first business day, it sold more than 600 tickets, drawing JCB, TikTok and Heathrow.
So is Reform done with crypto? Not on paper. It has announced no policy changes regarding digital assets, and the retreat focuses on sponsors and perks rather than positions.
Birmingham will show a party managing its image while an investigation runs, not one abandoning crypto.
Police Traced 20.21 Bitcoin Back to 2016
Elsewhere but still in the UK, Avon and Somerset Police recovered 20.21 BTC, other crypto and money in a bank account, worth £1,032,487.86.
Investigators tied the funds to darknet marketplaces that ran from 2016 to 2019. These were hidden shopping sites, reachable only through anonymizing software, that sold drugs and facilitated human trafficking.
LATEST: 🇬🇧 UK police seized over $1.4M in Bitcoin, other crypto and cash from a deceased convicted money launderer, tracing the funds to darknet markets from 2016–2019. pic.twitter.com/2dvHhFlZ7b
— CoinMarketCap (@CoinMarketCap) August 28, 2026
A blockchain keeps every transaction on a permanent public record, so coins moved in 2016 still leave a trail.
The owner had died before the forfeiture was completed. Under the Proceeds of Crime Act, however, the case runs against the property, not the person.
It is the force’s largest crypto recovery since Britain introduced wallet freezing orders in April 2024. Bigger hauls exist, including a £114 million Bitcoin seizure.
Recovered funds go back into community and policing programs.
Bitcoin surged from $64,000 to over $80,000 in August on ETF inflows and a short squeeze. Bullish jumped 46% on a Q2 earnings beat and its new tokenized share-trading platform. Cipher Mining fell 33% after a steep revenue miss and new data-center moratorium in New York. Earnings results, not Bitcoin’s rally, ultimately decided each crypto stock’s monthly return. Crypto stocks diverged sharply this month, even as Bitcoin staged its strongest rally since May. The token moved from roughly $64,000 in late July to briefly above $80,000 by August 25–26.
A short squeeze, steady ETF inflows, and Treasury buyback hints fueled the broader move. Still, that shared tailwind produced very different results across individual crypto stocks, since earnings dictated the actual spread.
Company Earnings, Not Bitcoin, Set the Direction Bitcoin’s rebound lifted nearly every crypto-linked stock to some degree this month. Yet the size of each move depended almost entirely on what companies reported in early August. Second-quarter earnings released in the first half of the month became the real driver behind returns.
Bullish gained 46%, the strongest performance among crypto stocks tracked this period. Revenue rose 62% year-over-year, and EBITDA beat estimates by a wide margin. A new tokenized share-trading platform on its own exchange added a second growth story.
Why crypto stocks diverged this month
Bitcoin staged its first real rally since May, moving from roughly $64,000 in late July to briefly above $80,000 by August 25–26, driven by a record short squeeze, ETF inflows, hints of Treasury bond buybacks lowering yields, and momentum… pic.twitter.com/OXxz49pxAD
— 10x Research (@10xResearch) August 29, 2026
Metaplanet, Circle, and BitGo each advanced close to 36% this month. Metaplanet posted 134% revenue growth and disclosed a fresh BlackRock stake in its shares. It also seeded a new Bitcoin treasury vehicle, Superplanet, with 2,100 BTC.
Circle rode a broader stablecoin and infrastructure bid that also supported Coinbase. BitGo’s gain reflected a technical snapback after months of class-action pressure and deep price-target cuts. A 79.6% year-over-year revenue beat sparked aggressive short covering off oversold levels.
Weak Results Overrode Bitcoin’s Broader Momentum Crypto stocks with disappointing earnings fell even as Bitcoin extended its rally through late August. Investors treated company-specific misses as more important than the sector-wide macro backdrop. That pattern explains why the divergence widened rather than narrowed this month.
Cipher Mining dropped 33%, the sharpest decline tracked among these names. Revenue fell 43% year-over-year to $24.8 million, badly missing the $32 million forecast. A new New York moratorium on hyperscale data centers added regulatory pressure to its AI shift.
Hut 8 fell 27% after reporting a $177 million net loss tied to unrealized asset losses. Revenue actually rose 81%, but investors focused on its AI data-center execution risk instead. Bitmine, by contrast, gained 32% purely on its Ethereum-treasury buildout and staking income story.
Core Scientific slid 24% following the collapse of its CoreWeave merger earlier this year. A $1.16 billion quarterly loss overshadowed a new AMD data-center partnership announced alongside it. CleanSpark dropped roughly 20% after an August 6 earnings miss and funding concerns.
Those funding concerns centered on its $6.6 billion Georgia AI data-center lease. Across the sector, crypto stocks diverged this month based on execution, not exposure to Bitcoin’s rally.
Key Takeaways BTC retreated below the $78,000 mark following July’s PCE inflation reading of 3.7%, surpassing the anticipated 3.6% Traditional markets including equities and precious metals experienced concurrent declines after the inflation announcement According to CryptoQuant analysis, Bitcoin has moved into early bull market territory but requires a decisive close above $83,000 for validation Traders holding short-term positions realized $1.2 billion in gains during the August 20-22 period Market analyst Rekt Capital cautions that the recent 25%+ price surge may constitute a temporary bear market rebound The leading cryptocurrency fell beneath the $78,000 threshold on Wednesday after U.S. inflation metrics exceeded market projections. This decline affected both digital asset and conventional financial markets simultaneously.
Bitcoin (BTC) Price July’s Personal Consumption Expenditures (PCE) index—the Federal Reserve’s primary inflation measurement tool—registered at 3.7% on an annual basis. Market forecasters had projected 3.6%. The index showed a 0.2% monthly increase, matching the core PCE’s monthly advancement.
Financial commentary platform The Kobeissi Letter highlighted on X that “US inflation remains at approximately twice the Fed’s 2.0% objective.”
BREAKING: US July PCE inflation, the Fed's preferred inflation metric, hits 3.7%, above expectations of 3.6%.
Core PCE inflation was 3.3%, the second highest reading since October 2024.
US inflation continues to run at nearly double the Fed's 2.0% target.
Own assets or be left…
— The Kobeissi Letter (@KobeissiLetter) August 26, 2026
The figures dampened market sentiment that had strengthened after June’s PCE unexpectedly declined, marking the first monthly reduction in six years.
American equity markets opened with losses while gold dropped beneath the $4,600 per ounce threshold after the announcement. Bitcoin experienced daily declines reaching 1% based on TradingView metrics.
$83,000: The Critical Threshold Notwithstanding the recent pullback, blockchain analytics provider CryptoQuant indicated that Bitcoin has transitioned into the initial stage of a fresh bull cycle after surging more than 25% since the previous week. The company’s Bull Score indicator leaped from 30 to 80 within seven days—representing its strongest signal since October 2025, when BTC traded near $124,000.
CryptoQuant now shows eight out of ten tracked onchain indicators displaying positive signals.
Julio Moreno, CryptoQuant’s research director, identified $83,000 as the pivotal price point to monitor, corresponding with the current position of the 365-day moving average. Moreno stated that a sustained close above this threshold would represent “official” verification of a new bull cycle.
The analytics firm attributed the recent price appreciation to two macroeconomic drivers: the U.S. Treasury’s initiative to expand long-term bond repurchases to a minimum of $4 billion per operation starting September 9, and President Trump’s statements indicating potential U.S. government consideration of Bitcoin acquisition.
Spot market demand is accelerating at its quickest monthly rate since late December, with both spot and futures demand expanding concurrently for the first instance since early October 2025.
Market commentator Ted (@TedPillows) summarized the situation on X: “$83,000 — should Bitcoin surge past this threshold, the cycle low will be validated, eliminating prospects of a decline to $50,000.”
Near-Term Overextension Signals CryptoQuant identified short-term overheating conditions. The unrealized profit margin for active traders reached 20.5%, marking the highest level since June 2025—a threshold that has historically preceded profit-taking activity.
Investors with short-term holdings secured $1.2 billion in realized gains throughout the August 20-22 window, featuring a single-day record of $614 million on August 20.
Exchange deposit activity surged notably. Bitcoin deposits approached 53,000 BTC, the largest volume since June 5. ETH deposits climbed to 1.7 million ETH, also matching June 5 levels. XRP whale deposits escalated to 460 million XRP, their peak since February.
Market strategist Rekt Capital cautioned on X that BTC faces the possibility of extending its pattern of descending highs established since October 2025. He pinpointed the 50-week EMA positioned at $77,251 as a crucial level requiring recapture and maintenance. Bitcoin’s most recent monthly closure above this level occurred in October 2025.
The PCE release comes one day ahead of the Federal Reserve’s annual Jackson Hole economic symposium, where Fed Chair Kevin Warsh will deliver the keynote presentation on Friday.
A steady move above $80,000 could return significant Bitcoin capital to profit, but resistance near $84,569 remains a major hurdle.
Bitcoin’s $80,000 level has emerged as a major threshold as the crypto asset attempts to break out of the current bear market. Several technical and on-chain measures are converging around this level.
At the same time, the traditional realized price has become less relevant because of the large amount of illiquid BTC supply, according to CryptoQuant analyst Darkfost.
$80K Breakout Test In his latest post, Darkfost noted that Bitcoin’s market capitalization has been on the rise. At the cycle peak, the figure even reached $1.75 trillion. Because coins bought more than 10 years ago are now largely considered illiquid, they represent a much smaller share of the market capitalization than Bitcoin purchased more recently. This makes it necessary to adjust the realized price by weighting it according to the amount of capital invested.
Using this capital-weighted approach, the analyst calculated a Bitcoin cost basis of approximately $79,600. That figure places the average invested capital near the $80,000 mark, which makes the level a significant barrier for the crypto asset at present.
Darkfost explained that this area more clearly identifies where the average invested capital reaches neutrality. A daily close above $80,000, followed by a weekly close above the same level, would represent a strong signal. Such a move would also return a large portion of BTC’s invested capital to profit.
Next Buying Opportunity Meanwhile, Ali Martinez said that the crypto asset could be heading toward another buying opportunity if its current market structure follows the pattern seen during the 2022-2023 bottom. The analyst stated that Bitcoin broke above a descending resistance trendline on Thursday, similar to the move seen in early 2023, which has brought back the May 2026 high near $83,000 into focus.
This level could lead to a retracement before Bitcoin makes another move higher. URPD data reveals a major resistance zone between $83,307 and $84,569, where nearly 975,000 BTC were previously acquired. This concentration of supply could make it difficult for Bitcoin to push through the zone on its first attempt.
You may also like: From Record Short Squeezes to Massive ETF Inflows: Everything Driving Bitcoin Right Now Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? 1.4M ETH Gone From Exchanges Since June as BTC Moves in Reverse Additionally, on-chain trader profit margins have climbed to 25%, a level that has often been followed by increased profit-taking and short-term corrections over the past year. Whales also appear to be taking profits, with roughly $88 million in gains already realized.
If selling pressure increases, he identified $76,996 to $78,258 as a crucial support range, where 843,000 BTC were previously traded. A break below that zone could shift attention to the next major demand area around $63,111, where roughly 925,000 BTC were traded.
Martinez said a pullback toward these support levels could present another opportunity before Bitcoin pushes towards $100,000.
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems.
Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not be serviced before.
The pitch is simple: anime, manga, games, and other Japanese content have a massive global following, but the payment rails supporting that content haven’t kept pace.
Aurora aims to close that gap by letting international customers pay in Bitcoin over the Lightning Network, while giving Japanese merchants a simple point-of-sale and API layer to manage invoicing, payment tracking, and integrations.
According to JBI, the market for Japanese anime content outside Japan reached ¥2.17 trillion in 2024, up 26% year-over-year — yet many overseas fans still struggle to pay for streaming subscriptions, digital merchandise and limited-access drops due to geographic payment restrictions.
The platform’s core design principle is that JBI never touches the money. Each merchant runs its own self-custodial Lightning node, receiving Bitcoin directly from customers.
JBI says this setup gives businesses cleaner regulatory footing, since the company isn’t acting as a custodian, while still handling the harder operational lift — node uptime, liquidity, accounting and auditing, and conversion to fiat — that has historically kept enterprises from adopting Bitcoin payments on their own.
JBI says aurora draws on lessons from its existing consumer business, UseBitcoin.jp, which has let customers buy digital gift cards — including au PAY, V-Preca and Kyash cards — using Lightning payments for the past two years.
The company is inviting media, prospective merchants and wallet providers to connect with the team at Bitcoin Asia 2026 in Hong Kong.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Japan Bitcoin Industry Co., Ltd. (JBI) has introduced Aurora, a new self-custodial Bitcoin payments platform designed to help Japanese content producers reach fans around the world, especially those unable to access traditional payment services.
Bitcoin Asia debut for AuroraJBI formally announced the launch of Aurora during the Bitcoin Asia conference held in Hong Kong this week. The platform targets international fans of Japanese anime, manga, and games, aiming to address payment challenges that have limited access to Japanese digital content.
Demand for Japanese content continues to grow worldwide, but many international consumers still encounter obstacles when trying to purchase subscriptions, exclusive drops, and merchandise due to restrictions and complexity in cross-border payments.
How Aurora worksAurora enables customers outside Japan to pay with Bitcoin through the Lightning Network, an off-chain scaling solution allowing fast and low-cost transactions. Japanese merchants can use Aurora’s point-of-sale interface or integrate its API for handling invoicing, payment tracking, and platform integration.
Mini dictionary: Lightning Network — A payment protocol layered on top of Bitcoin, the Lightning Network enables near-instant transactions and lowers fees by conducting most transactions off-chain before settling on the main Bitcoin blockchain.
JBI emphasized that Aurora’s design ensures the company itself never holds client funds. Merchants run their own self-custodial Bitcoin Lightning nodes, receiving payments directly from overseas customers.
JBI stated that this self-custodial approach gives businesses direct control of assets and reduces regulatory risk. The company said it will handle technical operations like maintaining node uptime, managing liquidity, and supporting accounting and audits, which have previously been barriers to enterprise Bitcoin adoption.
Aurora’s self-custody structure means merchants receive Bitcoin directly, while JBI oversees technical and operational aspects like node management, liquidity, and fiat conversion.
Sector growth and market potentialAccording to JBI, the global market for Japanese anime content outside Japan grew 26% year-over-year, reaching ¥2.17 trillion in 2024. Many fans, however, remain unable to access content or collectibles due to payment system limitations.
YearMarket Value (¥ Trillion)Year-over-Year Growth (%)20231.72–20242.1726%JBI noted that Aurora is built on insights gained from the company’s UseBitcoin.jp platform, which has provided Lightning-based payments for digital gift card purchases since 2024. These cards include popular options such as au PAY, V-Preca, and Kyash.
Mini dictionary: Japan Bitcoin Industry Co., Ltd. (JBI) — A Japanese company specializing in Bitcoin payment solutions for businesses and consumers. JBI aims to facilitate crypto adoption by providing regulatory compliant and user-friendly platforms.
With Aurora, international fans can buy Japanese digital products directly with Bitcoin, while merchants retain full control of their funds throughout the process.
Industry outreach and future plansJBI is inviting media, merchants, and wallet providers to engage with its team at Bitcoin Asia 2026 in Hong Kong to explore the platform’s capabilities and potential collaborations.
By creating a pathway for smoother international payments, the company seeks to increase the accessibility of Japanese content worldwide for a growing base of global fans.
Anime and manga producers, digital merchandise sellers, and overseas fans stand to benefit from the expanded reach and simplified payment experience that Aurora offers through Bitcoin and the Lightning Network.
Japan Bitcoin Industry (JBI) has unveiled Aurora, a $BTC payment platform aimed at helping Japanese content creators and merchants sell to international audiences, without the friction of traditional cross-border payment systems. The platform was introduced at Bitcoin Asia 2026 in Hong Kong.
Targeting Anime, Manga, and GamingAurora is designed specifically for Japanese merchants selling anime, manga, video games, and other digital content overseas. JBI says conventional payment infrastructure has long left international fans underserved, creating a gap between global demand and the ability of Japanese sellers to capture it.
That gap is growing. Aurora positions itself as a direct solution for merchants looking to convert that international interest into sales.
Self-Custodial Lightning PaymentsPayments on Aurora run through the Bitcoin Lightning Network, a layer-two protocol that settles transactions off-chain, enabling faster processing and significantly lower fees than on-chain Bitcoin transfers.
Each merchant on Aurora operates its own self-custodial Lightning node, meaning JBI handles operational tasks but never takes custody of merchant funds. Buyers transact directly with the seller's node, keeping control of funds on the merchant side throughout.
The platform includes a point-of-sale system and an API, allowing merchants to manage invoices, track payment status, and integrate Aurora into their existing technology stack. JBI invited potential merchants, media, and wallet providers to connect with its team during the Hong Kong conference.
The launch adds to a broader push toward Bitcoin adoption in Japan, where Lightning Network use among exchanges and enterprises has been expanding in recent years.
SourcesJapan Bitcoin Industry (JBI) Official Site
Variety: Japan's Anime Market Hits Record $25 Billion
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TLDR: StarkWare’s Avihu Levy completed Bitcoin’s first confirmed quantum-safe transaction on mainnet. QSB adds a hash-based lock to Bitcoin without requiring any soft fork or consensus change. Signature grinding lets QSB work without a private key, costing $75 to $150 per transaction. Starknet already runs post-quantum accounts, ahead of StarkWare’s full three-phase quantum roadmap. StarkWare researcher Avihu Levy has executed the first quantum-safe Bitcoin transaction on the network’s mainnet, confirmed on August 26, 2026.
The method, called Quantum-Safe Bitcoin or QSB, needed no soft fork or change to Bitcoin’s consensus rules. StarkWare engineer Tomer Giladi helped carry the project to a working mainnet result, with MARA Slipstream supplying the mining path.
Avihu Levy’s QSB Method Explained Levy built QSB on his own time, after years of work inside the Bitcoin ecosystem, and published the research in April 2026.
Bitcoin’s existing signatures depend on elliptic curve cryptography, a system Shor’s algorithm could eventually break using a sufficiently powerful quantum computer. Once that happens, any exposed public key becomes a private key waiting to be recovered.
Most Bitcoin addresses hide their public key behind a hash until the owner spends from that address. The signature then reveals the key, and the transaction sits exposed in the mempool until a miner confirms it. A quantum adversary could use that window to read the key and spend the coins first.
Speaking on the project, StarkWare CEO Eli Ben-Sasson said Levy He framed the achievement as proof that quantum protection does not require waiting on a network upgrade.
QSB closes the exposure gap by adding a second lock built on hash functions instead of elliptic curves. Shor’s algorithm cannot break hash functions, and the only known quantum shortcut merely speeds up brute-force guessing.
Levy’s method relies on signature grinding, a technique that produces a valid Bitcoin signature without requiring a private key.
Why the Mainnet Transaction Matters The sender spends computational effort off-chain searching for a transaction hash that also qualifies as a properly formatted signature.
That search currently costs between $75 and $150 in GPU computation. The approach draws heavily on Binohash, a technique developed by BitVM creator Robin Linus.
QSB transactions use nonstandard formats, so they cannot travel through Bitcoin’s ordinary mempool today. Senders need a direct path to a cooperating miner, which is why MARA Slipstream took part in the transaction. The method only protects addresses whose public key has not already been published before broadcast.
QSB does not change Bitcoin’s protocol, and the network itself remains untouched after the transaction. Ben-Sasson added that he still expects Bitcoin to pursue a soft fork eventually, noting He said the mainnet result reassures holders while that process plays out.
StarkWer’s own technology, built on ZK-STARKs, already rests on hash-based assumptions rather than elliptic curves.
Starknet’s native account abstraction lets accounts switch signature schemes without a network-wide protocol change, and post-quantum accounts are already active on Starknet mainnet.
Kripto piyasasındaki yükseliş daha riskli bölgelere taşındı. Kedi ve köpek temalı meme coinler haftalık bazda %130’a varan kazançlar elde ederken Cash Cat son 24 saatte %51 yükseldi.
Bitcoin ve büyük kripto paralarla başlayan yükseliş, şimdi piyasanın daha spekülatif bölümüne yayılıyor. Özellikle düşük piyasa değerine sahip kedi ve köpek temalı meme coinlerde sert hareketler görülüyor.
Robinhood ekosistemindeki Cash Cat, son 24 saatte yaklaşık %51 yükselerek 0,218 dolara çıktı. Tokenın haftalık kazancı ise %113’e ulaştı. Son 30 gündeki yükseliş %345’i bulurken piyasa değeri yaklaşık 215 milyon dolara çıktı.
Hangi Meme Coinler Bu Hafta En Çok Yükseldi? Ralli yalnızca Cash Cat ile sınırlı kalmadı. Kedi temalı meme coinlerde de güçlü hareketler görüldü.
Thinking Cat son yedi günde %131 yükseldi. Purr %93, Popcat %54 ve cat in a dogs world (MEW) %49 değer kazandı.
Köpek temalı tokenlarda da benzer tablo ortaya çıktı. Dog (Bitcoin) yaklaşık iki katına yaklaşırken dogwifhat %64, Bonk %47 ve Floki %40 yükseldi.
Piyasanın en büyük meme coinleri de yükselişe katıldı. Dogecoin son yedi günde yaklaşık %32, Shiba Inu ise %30 değer kazandı. Token yaklaşık 0,00000547 dolardan işlem görürken piyasa değeri 3,2 milyar doları aştı.
Bu hareket, yatırımcıların yalnızca büyük kripto paralara değil, piyasa değeri daha düşük ve likiditesi daha sınırlı tokenlara da yönelmeye başladığını gösteriyor.
Cash Cat Neden Bu Kadar Hızlı Yükseldi? Cash Cat’in hareketi, düşük likiditenin fiyat üzerindeki etkisini açık biçimde gösteriyor.
Token son 24 saatte yaklaşık 80 milyon dolarlık işlem hacmine ulaştı. Piyasa değeri ise yaklaşık 215 milyon dolar seviyesinde. Bu, tokenın büyüklüğüne kıyasla oldukça yüksek bir işlem trafiğine işaret ediyor.
Böyle piyasalarda alıcıların artması fiyatı çok daha hızlı yukarı taşıyabiliyor. Ancak aynı mekanizma ters yönde de çalışıyor.
Likidite derinliği düşük olduğunda satışlar da sertleşebiliyor. Yani son yükseliş yalnızca fırsat anlamına gelmiyor; yüksek oynaklık riskini de beraberinde getiriyor.
Meme Coin Rallisi Piyasadaki İştahı mı Gösteriyor? Meme coinlerdeki hareketin daha geniş bir anlamı da var. Yatırımcılar büyük kripto paralardan daha küçük ve yüksek riskli tokenlara geçtikçe piyasanın risk alma iştahı da artıyor.
Meme coinler geleneksel bir işletme veya düzenli nakit akışından çok internet kültürü ve topluluk ilgisiyle değer kazanıyor. Bu nedenle piyasa duyarlılığı değiştiğinde fiyatları diğer birçok varlıktan çok daha sert hareket edebiliyor.
Cash Cat, Thinking Cat ve Dog (Bitcoin) gibi tokenların aynı dönemde güçlü yükselmesi, rallinin piyasa değeri daha küçük varlıklara doğru genişlediğini gösteriyor.
Ancak burada önemli bir ayrım var: Düşük likidite yükselişi büyüttüğü gibi düşüşü de büyütebilir. Alıcılar çekildiğinde fiyatlar çok daha hızlı gerileyebilir.
Kripto Piyasasında Korku ve Açgözlülük Endeksi Ne Söylüyor? Meme coin hareketliliğine piyasa duyarlılığındaki hızlı değişim de eşlik ediyor.
Crypto Fear & Greed Index yaklaşık 75 seviyesine çıktı. Gösterge yalnızca bir hafta önce 30 civarındaydı. Böylece endeks, Ekim 2025’in başından bu yana en yüksek seviyesine ulaştı.
Geçmişte endeksin 70’li seviyelere yükselmesinin ardından 10 Ekim’deki sert kaldıraç çözülmesi yaşanmıştı. Ancak bu karşılaştırma tek başına yeni bir düşüşün geleceği anlamına gelmiyor. Endeks mevcut piyasa duyarlılığını ölçüyor; gelecekte yaşanacak bir çöküşü öngören bir gösterge değil.
Bugünkü tablo daha çok risk iştahının hızla arttığını gösteriyor. Meme coinlerdeki sert yükseliş de bu iştahın piyasanın daha spekülatif tarafına kadar yayıldığının işareti.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
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Arthur Hayes, closely followed for his statements and predictions in the cryptocurrency market, made noteworthy assessments for Bitcoin and Ethereum, as well as Ethereum (ENA) and Ether.fi (ETHFI). Hayes argued that a new bull market has begun and stated that Maelstrom is taking maximum risk on all four assets.
Arthur Hayes, who stated that he expects a major rise in cryptocurrencies, argues that Bitcoin is poised for a parabolic increase.
In a recent interview on the Altcoin Daily YouTube channel, Hayes claimed that Bitcoin is likely to soon experience a full parabolic rise, and therefore now is the right time to hold the asset.
Hayes added that Bitcoin would quickly reach “hundreds of thousands of dollars” and that anyone worried about the Fed’s control over bond yields should own Bitcoin now.
Highlighting ENA! Hayes, who stated that he is optimistic about altcoins as well as Bitcoin, noted that base trading, which profits from the price difference between spot and futures markets, is beginning to revive, and said that this is a positive signal for the crypto market.
However, Hayes noted that interest rates are still too low.
Hayes stated that the reactivation of base trading could be particularly positive for Ethereum (ENA) and that ENA still holds significant upside potential.
In his latest blog post, Hayes stated that the Maelstrom fund is also in maximum risk mode and shared the altcoins in their portfolio.
“Bitcoin, Ethereum, Ethena and Ether.fi”
FLOP is an Important Part of a Blog Post! Hayes also dedicates a significant portion of his latest blog post to his new project, Flop Network.
They state that there is no pre-sale for FLOP, the token cannot be purchased, and useful activities on the testnet are required for the airdrop.
“…I repeat: there is no pre-sale. You cannot buy FLOP. Only those who participate in beneficial ways are eligible. Stay tuned for more information about the airdrop…”
Therefore, FLOP should not yet be considered an existing market position like ENA or ETHFI. Hayes positions it more as a new project to be established at the beginning of a new bull market.
*This is not investment advice.
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Jeopolitik gerilimlerin yeniden tırmanması küresel piyasalarda dalgalanmayı artırırken Bitcoin güçlü duruşunu korumaya devam ediyor. ABD ile İran arasındaki gerilimin yeniden gündeme gelmesi petrol fiyatlarını yukarı taşırken hisse senedi piyasalarında satış baskısını artırdı. Buna karşın BTC, 77.800 dolar civarında yatay seyrederek diğer riskli varlıklara kıyasla dirençli bir görünüm sergiliyor. Bitcoin’in Ağustos ayındaki yaklaşık yüzde 23’lük yükselişi de dikkat çekiyor. BTC bu performansıyla aynı dönemde yüzde 9 yükselen altın ve yüzde 4 değer kazanan Nasdaq’ı geride bırakmış durumda.
Petrol Fiyatları Yükselirken Bitcoin Direncini Korudu ABD’nin İran’a yönelik saldırısının ardından küresel piyasalarda jeopolitik risk algısı güçlenirken petrol fiyatlarında da sert hareketlilik yaşandı. WTI ham petrol vadeli işlemleri yaklaşık yüzde 2 yükselerek 85,10 dolara ulaşırken Brent petrol yüzde 1,9 artışla 92,39 dolara çıktı. Petrol piyasasında arz endişeleri öne çıkarken, hisse senedi piyasalarında satış baskısı görüldü. Buna karşın Bitcoin gece yarısından bu yana büyük ölçüde değişmeden 77.800 dolar civarında işlem görerek jeopolitik baskılara karşı dirençli bir görünüm sergiledi.
İlginizi Çekebilir: Hyperliquid’de Hacim Şoku: Yükseliş Devam Edecek mi?
Bitcoin bu ay gösterdiği performansla diğer önemli varlıkların önüne geçmeyi başardı. BTC yaklaşık yüzde 23 değer kazanırken altın yüzde 9, Nasdaq ise yüzde 4 yükseldi. Aynı dönemde XRP yüzde 0,8, Solana ise yüzde 0,6 geriledi. Bitcoin’deki güçlü görünümde spot Bitcoin ETF’lerine yönelik sermaye girişlerinin yanı sıra yatırımcıların para politikasına ilişkin beklentileri de etkili olabilir. Piyasadaki kurumsal ilginin devam etmesi, BTC’nin yükseliş performansını destekleyen önemli unsurlardan biri olarak öne çıkıyor.
Fed Kararı Bitcoin İçin Kritik Hale Geldi Fed Başkanı Kevin Warsh’ın Jackson Hole Sempozyumu’nda yaptığı şahin açıklamalar, piyasalarda Eylül ayında faiz artışı ihtimaline ilişkin beklentilerin yeniden güçlenmesine yol açtı. MUFG FX stratejisti Lloyd Chan, piyasaların Eylül faiz artışına yaklaşık yüzde 58 ihtimal verdiğini belirtti. Faiz beklentilerindeki bu değişim, dolar ve tahvil piyasalarının yanı sıra Bitcoin gibi riskli varlıkların seyri açısından da önem taşıyor. Fed’in para politikası mesajları, BTC’nin önümüzdeki dönemdeki yönü üzerinde belirleyici olabilir.
Giottus CEO’su Vikram Subbaraj, yatırımcıların yüksek makro belirsizlik döneminde agresif kaldıraçtan kaçınması gerektiğini söyledi. Subbaraj’a göre Bitcoin yaklaşık 77 bin dolarda destek bulurken 79.400-80.800 dolar aralığı ana direnç bölgesi olarak öne çıkıyor. Özellikle 4 Eylül’de açıklanacak ABD istihdam verileri Bitcoin’in kısa vadeli yönü açısından yakından izlenecek.
Değerlendirme Bitcoin, jeopolitik risklerin küresel piyasalarda baskı oluşturduğu süreçte güçlü görünümünü korumayı sürdürüyor. BTC’nin 77 bin dolar üzerindeki hareketi yatırımcılar açısından önem taşırken, gözler 79.400 ile 80.800 dolar arasındaki direnç bölgesine çevrilmiş durumda. Bitcoin’in bu bölgeyi aşması yükseliş beklentilerini güçlendirebilir. Öte yandan Fed’in faiz politikası, ABD istihdam verileri ve devam eden jeopolitik gelişmeler, Bitcoin fiyatının önümüzdeki dönemdeki yönünü belirleyebilecek temel faktörler arasında yer alıyor.
Son dakika kripto para haberleri için hemen tıkla.
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The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
4 minutes ago
Nearly $80 million in Bitcoin buy orders were front-run, while a new address plans to go long near $75,000.
According to monitoring by TradingBeats (formerly Hyperinsight), a recently created address placed 30 non-position-reducing limit buy orders for BTC at 14:22 today, with prices ranging from $75,000 to $76,000. The total planned purchase volume is 1,046.7831 BTC, translating to a nominal value of approximately $79.032 million based on the order prices. The address currently holds no open positions; all 30 orders are identical in size at 34.892 BTC each, with each order valued between roughly $2.62 million and $2.65 million. BTC is currently trading at $78,689.4, meaning these buy orders are priced 3.42% to 4.69% below the current market rate. It is learned that this address was activated four days ago, receiving around $5.1 million in funds, after which it executed four short positions that yielded a profit of $330,000. If the orders are filled, this will mark the address’s first long position. On-chain perpetual and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, enabling in-depth analysis from address tracing to whale operations, with comprehensive insights available at a glance.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
4 minutes ago
Arthur Hayes: The market may be refocusing on the "forgotten" Ethereum.
Arthur Hayes has recently expressed a bullish outlook on Ethereum’s future. He noted that ETH was previously heavily sold off by the market, but has recently shown signs of strengthening relative to Bitcoin (BTC), which may signal the market is refocusing on this asset. Hayes believes that ETH’s strength relative to BTC could be a key indicator of a shift in market sentiment, and the trading logic around the "forgotten Ethereum" may be regaining market attention.
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback. Official Trump also emerges as a top performer with double-digit gains, testing the bullish breakout of its 200-day EMA at $2.725.
CoinMarketCap’s Fear and Greed Index at 83 on Friday indicates a firm bullish sentiment in the crypto market.
Fear and Greed Index. Source: CoinMarketCapCoinGlass data shows that Bitcoin options Open Interest (OI) on Deribit stands at around $6.16 billion for Friday's expiry, driven by $948,950 in Puts and $262.49 million in Calls. The large difference between the actual values of Call and Put contracts and their notional values reflects the highly leveraged options market.
The max pain – the strike price with the largest volume of contracts – is at $70,000, with $2.42 billion in notional value, driven by $11.31 million in Puts and $206.33 million in Calls set to expire.
BTC options expiry data. Source: CoinGlassBitcoin trades at $80,403 on Friday, maintaining a clear bullish bias as the price holds well above both the 50-day and 200-day Exponential Moving Averages, near $68,732 and $73,191, respectively.
Momentum remains overheated, with the Relative Strength Index (RSI) hovering deep in overbought territory around 82 and the Moving Average Convergence Divergence (MACD) still positive but losing altitude, suggesting that upside momentum could be slowing.
The immediate resistance for Bitcoin aligns with the March 13 swing high near $82,850. A confirmed breakout above this level could target the 127.2% Fibonacci extension level at $89,663, measured over the downswing from $82,850 to $57,800.
BTC/USDT daily price chart.On the downside, the crucial support for Bitcoin aligns with the 78.6% Fibonacci retracement level at $77,489, followed by the 200-day EMA at $73,191.
Ethena rallies on early investors, revenue buybackEthena Foundation bought back locked ENA tokens from major seed investors, absorbing the supply pressure triggered by October 10 market-wide liquidations. Ethena also proposed allocating 95% of net revenue for ENA token buybacks after USDe reaches the first $7.5 billion supply milestone, as previously reported by FXStreet.
Ethena is up 9% on Friday, extending its 15% gain from the previous day. The DeFi token maintains a constructive bullish bias as the price sustains well above both 50-day and 200-day EMAs at $0.1068 and $0.1278, respectively.
The three consecutive days of recovery reflect a bounce back from the 50% retracement level at $0.1356 to the 78.6% retracement level at $0.1982, measured over the downswing from $0.2633 to $0.0699. A confirmed breakout above $0.1982 could target the previous swing high at $0.2633.
Momentum remains strong, with the MACD and signal line rising, and the RSI at 81 suggests overbought conditions that could slow the advance.
ENA/USDT daily price chart.On the downside, initial support appears at the 50% retracement at $0.1356, reinforced by the 200-day EMA at $0.1278.
Official Trump tests 200-day EMA breakoutTRUMP trades at $2.7630 on Friday, keeping a bullish near‑term tone above both the 50‑day EMA at $1.7996 and the 200‑day EMA at $2.7067. The pair has also reclaimed the 50% retracement from $4.4970 to $1.365 at the $2.4775 level, reinforcing the constructive structure.
The MACD and signal line are steadily rising in the positive territory, while the RSI sits in overbought territory near 73, hinting that the latest rally could be vulnerable to bouts of profit‑taking.
A confirmed breakout of the 200-day EMA at $2.7067 could extend the TRUMP rally toward the 78.6% Fibonacci retracement level at $3.4843.
TRUMP/USDT daily price chart.On the downside, immediate support is seen at the 50% retracement at $2.4775. A deeper pullback would expose the 23.6% retracement at $1.8085, reinforced by the 50‑day EMA near $1.7996.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
According to monitoring by Lookonchain, trader 0x12C2 recently opened a long position of 50 Bitcoin on Aster DEX, valued at roughly $3.99 million. The position has since generated an unrealized profit of $658,000, with a return rate of 825%.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Eric Trump says American Bitcoin (ABTC) mines between 11 and 13 BTC daily at close to 49% gross margins, running nearly 90,000 miners. The company’s own quarterly filings largely support those figures.
Speaking on the Wolf Financial podcast, the co-founder and president’s son framed the output as proof of one of the sector’s most efficient mining operations, months after a public dispute over the firm’s true production costs.
Numbers Track With Recent FilingsAmerican Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr. The venture merged with Gryphon Digital Mining to list on the Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp, which backed the venture, remains the majority owner.
The company’s treasury has grown to about 8,300 BTC as of late August, according to Trump. That is up from roughly 5,401 BTC at the end of 2025, continuing an accumulation strategy that has drawn comparisons to Strategy.
It mined a record 932 BTC in the second quarter of 2026, its highest output yet. Gross margins that quarter landed near 49%, matching the figure Trump cited.
Bitcoin (BTC) traded near $77,696 as of writing, up 0.49% over 24 hours. That gives the reserve a paper value above $600 million.
A Disputed Cost BasisThe margin claim follows a spring dispute over the firm’s true production costs. Forbes alleged American Bitcoin’s all-in cost ran closer to $90,000 per coin, above the roughly $57,000 figure Trump has repeated. Trump rejected the report as politically motivated.
Neither side has published a fully reconciled cost breakdown since. American Bitcoin markets its no-sale treasury policy as proof that mining bitcoin is cheaper than buying it outright. That claim hinges on which cost figure holds up.
Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months.
Saylor Sparks IntrigueSaylor posted the company’s accumulation chart on X, using orange circles or “dots” to highlight the firm’s Bitcoin purchases.
“We’re ₿ack,” he wrote.
In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months.
Will Strategy Start Buying BTC Again?Strategy, the world’s largest corporate Bitcoin holder, has paused its BTC purchases, with the last reported acquisition on June 22.
The company shifted focus to capital raising, strengthening cash reserves and managing its balance sheet. It also began selling its Bitcoin, undermining the "never sell" thesis that bullish investors had relied on.
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As of this writing, Strategy holds 840,447 BTC, worth more than $72 billion. The company has nearly $9 billion in unrealized losses on its Bitcoin holdings.
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Saylor’s comments came after Bitcoin rebounded in the second half of August, rising to $80,000. The cryptocurrency has gained 23% in the past month.
Price Action: At the time of writing, BTC was trading at $77,822.59, down 0.38% in the last 24 hours, according to data from Benzinga Pro.
MSTR stock fell 1.35% in pre-market trading after gaining 4.99% to close at $97.68 during Monday’s regular session.
Benzinga’s Edge Stock Rankings show that Strategy stock has underperformed over the long term, despite displaying strong price trends across short- and medium-term timeframes.
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Photo: Hi my name is Jacco on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Bitcoin (BTC) price is trading above $77,000 on Monday, sustaining monthly gains of over 20% so far. The technical outlook for Bitcoin is bullish as the price holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment. Decentralized Exchange (DEX) tokens, Uniswap (UNI) and PancakeSwap (CAKE), emerge as top performers over the last 24 hours, eyeing further gains.
CoinMarketCap’s Fear and Greed Index is down to 73 from 82 last week, suggesting that the crypto market is stepping off the edge amid higher Fed rate concerns.
Fear and Greed Index. Source: CoinMarketCapBitcoin holds at key support as momentum wanesBitcoin trades at $77,730 on Monday, maintaining a clear bullish bias as the price holds above the 78.6% retracement level of the $82,850 to $57,800 downswing, which is at $76,706. The King Crypto also holds above both the 50-day Exponential Moving Average (EMA) at $69,675 and the 200-day EMA at $72,630.
Momentum shows easing bullish pressure as the Moving Average Convergence Divergence (MACD) risks crossing below its signal line amid a waning histogram profile. At the same time, the Relative Strength Index (RSI) slips to 69 from the overbought zone, hinting that overstretched momentum is easing.
Bitcoin must clear the $82,850 resistance for a sustained upside toward the 127.2% Fibonacci extension level at $91,374.
BTC/USDT daily price chart.On the downside, initial support is seen at the recently reclaimed 78.6% retracement at $77,489, ahead of a broader demand cluster formed by the 200-day EMA at $72,630 and the 50% retracement at $69,200.
DEX tokens extend gainsUniswap trades above $5.00 at press time on Monday, sustaining its 9% gains from the previous day. UNI maintains a bullish near-term bias as price holds above the converging 50-day and 200-day EMAs at $3.94 and $4.04, hinting at a Golden Cross.
Momentum remains strong with the MACD and signal line extending positive slope, and the RSI at 71 hovering in the overbought territory, suggesting persistent upside pressure.
The immediate resistance for UNI aligns with the 127.2% Fibonacci extension level of the $2.31-$4.57 upswing, at $5.50. A confirmed breakout of this level could target the 161.8% Fibonacci extension level at $6.97.
UNI/USDT daily price chart.On the downside, initial support emerges at the former Fibonacci anchor near $4.57, followed by a dense structural floor around the $4.04–$3.95 area where the 200-day EMA and the 23.6% retracement converge with the 50-day EMA.
PancakeSwap hovers around $1.8100, maintaining a bullish near-term bias as price holds well above the 50-day EMA at $1.5487 and the 200-day EMA at $1.5561. This positioning of the moving average suggests a potential Golden Cross amid a bullish trend reversal.
Momentum stays constructive with the MACD and signal line rising above zero and the RSI hovering near 72, hinting at strong buying pressure but also an emerging overbought condition.
From a technical perspective, CAKE forms a flag pattern on the daily chart as price consolidates between $1.6770 and $1.8570, following the 32% rally earlier this month. A confirmed breakout above $1.8570 could extend the rally by another 32% toward $2.4600.
CAKE/USDT daily price chart.However, a corrective pullback below $1.6770 could invalidate the bullish flag pattern and potentially target the 50-day and 200-day EMAs at $1.5561 and $1.5487, where buyers are likely to reemerge to defend the prevailing bullish structure.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin slipped back below US$80,000 on Friday (Aug 28) after Federal Reserve Chair Kevin Warsh pledged to bring inflation back to target, pushing short-term Treasury yields higher and cooling some of the week’s risk-on momentum.
The move was modest rather than a reversal of the broader crypto rebound. Warsh said financial conditions are not restrictive and stressed that inflation must move clearly toward the Fed’s target, reinforcing expectations that policy could stay tighter for longer. Bitcoin eased with other rate-sensitive assets but remained well above levels seen earlier this month.
The crypto market is still in a limbo with no clear directional views in sight after a short squeeze due to a record liquidation in leveraged bearish bets on digital assets last week.
The open interest for Bitcoin futures, which makes up the majority of crypto trading, has not seen a significant recovery after the wipeout, according to data from Coinglass.
“Despite a slight hawkish tilt from Warsh, the market is digesting all of this relatively well so far,” said Jasper De Maere, OTC trader at Wintermute. “For me, the speech fell in line with expectations.”
Bitcoin dropped as much as 4 per cent to US$76,871, and is now little changed on the week. It registered a gain of 23 per cent in the previous one. The price is still down about 40 per cent from an all-time high of around US$126,000 last October.
Traders are looking at longer-term metrics to gauge the health of the rebound. According to a research report by Galaxy Digital, in four of the five completed crypto bear markets, once the 50-week moving average was first broken to the upside, the bear market bottom was definitively in.
“From here it comes down to the 50-week moving average: it needs to hold on a weekly close for the bullish structure to stay intact, and alts are the higher-beta expression of that same test,” said Mostafa Al-Mashita, co-founder of Secure Digital Markets. “The rally looks structurally healthier than a typical leverage-driven crypto move.”
Crypto options traders are cautiously optimistic in the medium to long term. On the heels of Bitcoin surging from US$62,000 to US$80,000 in little more than a week, US$6.4 billion in Bitcoin options expiry on crypto exchange Deribit leaves market makers facing key positioning decisions that could amplify volatility.
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“Leading into today, we’ve seen skew start to shift more call-heavy and implied volatility rise above the historic lows its waded in the past couple months. The expiration offers an opportunity for the market to reset positioning,” said Alex Blume, founder and CEO of Two Prime. “I am looking to see if the skew continues to trend towards calls and if implied volatility remains elevated.”
There have been very big blocks of US$85,000 call options with a September expiry, and US$90,000 call option with expiry dates in November and December, according to De Maere. BLOOMBERG
The liquidations topped $200 million within an hour once the entire market headed south suddenly.
After jumping past $79,000 on Sunday evening, bitcoin entered the new business week on the wrong foot, slipping below $77,000 in an hour or so as geopolitical tensions returned to financial markets.
The decline came amid renewed fighting between the United States and Iran, following nearly a month of relative calm as the US reportedly focused only on increasing economic pressure. US Forces struck two Iranian launchers on the island of Larak on Sunday, while the latter retaliated with strikes against military targets stationed in Jordan.
US President Trump’s AI video of how Kharg Island, Iran’s key oil region, is being “blown to smithereens” didn’t help defuse the situation either.
Oil Up, Asian Markets Down Brent crude reacted immediately with a near-3% surge to over $90 per barrel, reviving concerns about another energy-driven inflation shock. This is particularly worrisome following Fed Chair Kevin Warsh’s hawkish speech at Jackson Hole on Friday, as higher oil prices deteriorate the inflation picture.
In contrast to oil, Asian stock markets headed south after the attacks went public, with Japan’s Nikkei falling by roughly 2%. South Korea’s Kospi and Chinese equities also turned red, while US and European stock futures followed suit. The Japanese yen weakened beyond 160 against the greenback.
Bitcoin dipped below $77,000, losing over $2,000 of value. Additional pressure came from Wintermute, as on-chain data showed that the entity transferred 5,100 BTC, worth almost $400 million, to Binance over the past two days, likely intending to sell.
Although this transfer doesn’t guarantee that Wintermute has sold, recall that similar actions taken by the market maker last week resulted in another leg down for BTC and the alts.
You may also like: From Record Short Squeezes to Massive ETF Inflows: Everything Driving Bitcoin Right Now US Secures 65 Billion Barrels of Venezuelan Oil: Could This Be Bullish for Bitcoin? Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? Ethereum’s situation was even worse, as it plunged from over $2,500 to under $2,400 in an hour. Lookonchain reported that a whale or an institution had deposited almost 41,000 ETH (worth over $100 million) onto exchanges, a move typically made before selling.
Liquidations on the Rise The sharp move south led to over $400 million in wrecked positions on a daily scale, with the lion’s share coming earlier this morning. Interestingly, ETH longs are responsible for almost $100 million, while BTC longs are just $62.60 million, according to CoinGlass.
The single-largest wrecked position also involved the leading altcoin, with a trader getting liquidated for $6.12 million on Aster. In total, more than 100,000 over-leveraged traders were wiped out in the past day.
Metaplanet, the Tokyo-listed company that has quietly become one of the world’s largest corporate Bitcoin holders, moved roughly 2,400 BTC worth approximately $186M into Coinbase Prime over a span of days in late August. For anyone watching the blockchain and wondering if Japan’s answer to MicroStrategy was about to hit the sell button, the company’s CEO had a simple message: relax.
The deposits, split across multiple transactions on August 25 and August 28, represented a sizable chunk of the firm’s treasury. But they were followed almost immediately by an even larger transfer of 3,000 BTC, valued at roughly $237M, on August 29. That’s over $420M in Bitcoin flowing into a single custodial platform in less than a week.
Custodial shuffling, not a fire sale CEO Simon Gerovich addressed the inevitable speculation head-on. The transfers, he stated, are custodial in nature and do not signal any intention to liquidate the company’s Bitcoin position.
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This isn’t the first time Metaplanet has triggered on-chain anxiety. Earlier in August, the company moved over 5,000 BTC between its own internal custodial addresses. Gerovich characterized those transfers as routine adjustments, the kind of housekeeping that large institutional holders perform regularly but that can look alarming on a blockchain explorer without context.
A $4 billion Bitcoin treasury Metaplanet’s total Bitcoin holdings now stand at approximately 43,000 BTC. The company’s aggregate cost basis sits at around $4.09B, putting its average purchase price at roughly $96,191 per coin.
The strategy mirrors what Michael Saylor pioneered at MicroStrategy: use corporate balance sheet firepower to accumulate Bitcoin as a primary treasury reserve asset. Metaplanet has executed this playbook aggressively, building its position through consistent purchases funded by equity raises, convertible bonds, and operational cash flow.
Superplanet and the US expansion Metaplanet is advancing a proposal to contribute 2,100 BTC along with $2.5M in cash toward a new venture called Superplanet.
Superplanet is envisioned as a US-based, Nasdaq-listed Bitcoin treasury platform, developed in partnership with Super League Enterprises. The proposal requires shareholder approval, with a vote targeted for the fourth quarter of 2026.
Contributing 2,100 BTC to a new entity would represent roughly 4.9% of Metaplanet’s current holdings.
Why the market barely flinched Perhaps the most telling detail about this entire episode is what didn’t happen. Bitcoin’s price showed minimal reaction to Metaplanet’s transfers, even as hundreds of millions of dollars in BTC moved on-chain in plain view.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace for a week loaded with U.S. labor market data that could shape the Federal Reserve’s next policy move and, by extension, crypto’s near-term direction.
Current Market Snapshot
Bitcoin: $78,796.58, up 1.7% over 7 days, market cap $1.58 trillionEthereum: $2,478.28, up 0.7% over 7 days, market cap $299 billionXRP: $1.40, up 7.7% over 7 days, market cap $87.78 billionSolana: $106.44, up 12.0% over 7 daysBNB: $698.37, roughly flat over 7 daysThe Data Calendar Traders Are Watching
According to The Kobeissi Letter, six major economic releases are scheduled this week, with the labor market as the central focus for markets:
Monday: August Chicago PMI dataTuesday: August ISM Manufacturing PMI and Prices data, plus July JOLTS Job Openings dataWednesday: August ADP Nonfarm Employment dataThursday: August ISM Non-Manufacturing PMI and Prices dataFriday: July Jobs ReportWhy the Labor Market Is the Focus
Employment data carries outsized weight for crypto right now because it feeds directly into the Fed’s rate decision at the next FOMC meeting. A labor market that shows unexpected strength could reinforce the hawkish tone Fed Chair Kevin Warsh struck at Jackson Hole, keeping rate-cut expectations low and pressuring risk assets including Bitcoin, Ethereum and XRP.
Bitcoin’s Technical Setup
Bitcoin remains range-bound between support near $73,000-$75,000 and resistance in the $80,000-$82,000 zone, with a breakout above roughly $82,500 seen by technical analysts as the level needed to confirm a larger bullish trend shift on higher timeframes. A significant pocket of liquidation liquidity sits between $76,400 and $76,700, a level analysts have flagged as a likely near-term target if short-term weakness continues.
Ethereum and XRP Setups
Ethereum is holding above the $2,400 level, keeping its bullish breakout structure intact, with the next resistance zone at $2,750 to $2,800. XRP is testing support between $1.30 and $1.40 after rejecting resistance near $1.60 to $1.70, following an extended overbought signal that triggered the recent pullback. The current cooldown does not necessarily signal a reversal, but rather a reset before a potential resumption of the broader trend.
What It Means for the Week Ahead
With five separate labor and manufacturing data points landing between Monday and Friday, volatility across Bitcoin, Ethereum and XRP is likely to build heading into Friday’s Jobs Report, widely seen as the week’s most important release. How that data lands relative to expectations will likely determine whether crypto’s recent consolidation resolves to the upside or extends the current cooling-off period.
Story Ends Here
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Spot Bitcoin exchange-traded funds in the United States experienced $201.9 million in net outflows on August 28, halting a nine-day streak of consecutive inflows and reducing cumulative net inflows to approximately $55.1 billion.
Bitcoin ETF outflows after record runThe recent outflow arrived after a strong performance for Bitcoin ETFs, which had attracted $2.8 billion over the previous eight-day stretch. During this period, as Bitcoin approached $80,000, daily inflows repeatedly surpassed $300 million, reaching more than $600 million on August 20. The sharp reversal marked the end of one of the most robust runs for these funds, which now manage a combined $93.9 billion in net assets, according to SoSoValue.
Decrypt’s ETF flow tracker responded by updating its Bitcoin sentiment to “bearish” for the day, reflecting the broader market’s reaction to the cooling inflows.
An ETF is an investment fund that holds an underlying asset and allows investors to trade its shares on standard stock exchanges. A spot Bitcoin ETF holds actual Bitcoin, with each share offering a claim on a specific slice of the fund’s holdings. This structure provides mainstream investors with exposure to Bitcoin’s price without directly owning or storing the cryptocurrency.
U.S. spot Bitcoin ETFs only launched in January 2024 after years of regulatory delays, and since then, they have quickly grown into some of the most prominent and fastest-growing ETF products on the market.
Daily inflows and outflows for Bitcoin ETFs often mirror price volatility and shifts in macroeconomic conditions, making them a widely watched barometer of cryptocurrency market sentiment.
While Bitcoin ETFs saw investor withdrawals, U.S.-listed Ethereum ETFs recorded $102.1 million in net inflows on August 28. This marked their tenth consecutive day of positive flows, elevating cumulative net inflows to roughly $12.9 billion and bringing the total assets under management to $13.8 billion.
Decrypt’s ETF tracker maintained a “bullish” stance on Ethereum funds, underscoring the sustained demand. Notably, despite a significantly smaller asset base compared to their Bitcoin counterparts, Ethereum ETFs have recently managed to match or rival Bitcoin’s daily inflows.
The contrasting trends between Bitcoin and Ethereum ETFs have drawn attention as institutional and retail investors weigh the latest market developments and seek balanced exposure to both leading cryptocurrencies.
ETF TypeNet Flow on August 28Streak (Days)Cumulative Net InflowsTotal Net AssetsBitcoin-$201.9 million0 (Ended at 9)$55.1 billion$93.9 billionEthereum+$102.1 million10$12.9 billion$13.8 billionThe divergence in ETF flows coincided with remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium, described as “hawkish” by several market observers. His comments contributed to a pullback in Bitcoin prices, which had surged toward $80,000 before slipping, though Bitcoin managed to recover to near $79,000 over the weekend.
Despite the single-day outflow and the interruption of the record streak, market analysts indicate that overall institutional demand for spot Bitcoin and Ethereum ETFs remains solid. The outflow appears modest in the context of the tens of billions accumulated since the funds’ debut earlier this year, and does not yet point to a wider retreat in investor appetite.
Friday’s net outflow in U.S. spot Bitcoin ETFs ended a nine-day streak of inflows, even as Ethereum ETFs extended their winning run to 10 days, with both attracting billions in net assets since launching.
The evolving flows between Bitcoin and Ethereum funds continue to offer insight into changing investor preferences as the crypto market adapts to fluctuating sentiment and macroeconomic signals.
Ethereum price held near $2,440 as digital assets extended a strong recovery following seven months of losses from January’s highs.
The total cryptocurrency market increased 0.5% within 24 hours, reaching approximately $2.65 trillion. Bitcoin price traded around $78,500, while XRP price remained close to $1.38. Over 14 days, Ethereum advanced 29%, with gains of 22% for Bitcoin and 33% for XRP.
Tom Lee Predicts Ethereum Could Reach $6,000 Tom Lee expects Ethereum’s performance against Bitcoin price to improve before the end of 2026. The Fundstrat co-founder and Bitmine Immersion Technologies chairman shared his outlook on Friday’s Milk Road Show. Lee said the ETH-to-BTC ratio, recently near 0.03, could reach 0.04 by year-end.
Bitcoin price at $150,000 and a 0.04 ratio would place Ether near $6,000 under that scenario. He called the estimate conservative because the ratio approached 0.08 during the 2021 bull cycle.
LATEST: 📈 Tom Lee said Ethereum could reach around $6,000 if Bitcoin hits $150,000, telling Milk Road it’s actually a conservative price target. pic.twitter.com/4zD7y6TGTn
— CoinMarketCap (@CoinMarketCap) August 30, 2026
The projection reflects Ethereum’s recent relative market strength after its 29% gain during the latest 14-day period. However, both assets need sustained demand for Lee’s year-end calculation to remain achievable. The ratio will indicate whether Ethereum continues outperforming Bitcoin through the coming months.
CLARITY Act Could Fuel Ethereum’s Institutional Adoption Lee named the CLARITY Act as Ethereum’s main near-term catalyst for institutional participation. The legislation would clarify U.S. digital asset oversight. It would also divide responsibilities between the SEC and CFTC.
The Senate is expected to hold an important cloture vote on September 15. That decision could determine whether the proposal advances toward further debate and approval. Lee said regulatory certainty matters more to traditional financial companies than established cryptocurrency businesses.
Clear rules could help banks and asset managers develop digital asset services with greater confidence. Still, Lee expects Ethereum to perform well if lawmakers fail to pass the legislation in September. Developers have continued innovating despite years without comprehensive regulatory clarity.
Ethereum ETFs Attract $102 Million in Daily Inflows Institutional interest was also visible across United States spot Ethereum exchange-traded funds. The products registered $102.18 million in net inflows on August 28, extending their positive momentum. Total historical inflows reached $12.97 billion, while daily trading volume stood at $1.37 billion.
Source: Sosovalue data Their combined net assets rose to $15.23 billion, representing 5.20% of Ethereum’s total market capitalization. BlackRock’s ETHA received $83.79 million and led the session among individual funds.
ETHB followed with $42.64 million, although activity elsewhere reduced the industry’s final daily total. Continued inflows could strengthen liquidity and provide Ethereum with greater support during uncertain market conditions.
Ethereum Price Outlook This Week Eyes $2,500 Resistance Ethereum price faces $2,500 as its main resistance level this week. A firm move above $2,500 could extend the developing recovery and open room for further gains as per the long-term ETH projection.
Source: TradingView Repeated failure there could leave Ethereum price confined within its current range. The nearby $2,400 area offers an immediate reference if momentum weakens. Bitcoin’s movement will remain influential because Ethereum’s larger outlook relies partly on BTC reaching $150,000.
After an aggressive August breakout, Bitcoin is consolidating, but because it is still well above the 200-day moving average, the daily structure remains heavily biased in favor of buyers. After peaking just above $81,000, Bitcoin is currently trading at about $78,840. The move started at about $63,000, so Bitcoin gained almost 30% before facing significant resistance.
BTC/USDT Chart by TradingViewSellers have not produced a significant retracement despite multiple erratic sessions near $80,000. The recovery of the 200-day moving average continues to be the strongest technical development. The rapidly rising 20-day EMA has reached roughly $72,250, while this indicator is currently at about $72,180. Their convergence around $72,000 establishes a crucial support area.
Bitcoin's consolidation isn't stopping yetAdditionally, Bitcoin is trading well above its 50-day and 100-day moving averages, which are currently at $68,680 and $67,300, respectively. In addition to confirming the breakout's strength, the separation demonstrates how far Bitcoin has risen in a comparatively short amount of time.
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The RSI is still high at about 72.5. Bitcoin is still technically overbought even though it has decreased from its recent peak. This allows for more consolidation prior to another sustainable leg higher.
Both the most recent peak and Bitcoin's May high are located in the immediate resistance zone, which is between $80,000 and $82,000. Breaking $82,000 would provide a significant continuation signal in addition to removing the most obvious nearby technical barrier. $76,000–$77,000 is the first short-term support on the downside.
$72,000 would become more relevant with a deeper correction. The larger reversal continues as long as Bitcoin stays above its recovered 200-day average. Although chasing the price is becoming riskier due to the elevated RSI, the current sideways movement near $80,000 appears more like post-breakout consolidation than a confirmed reversal.
After one of its biggest breakouts of 2026, XRP is consolidating, and the most recent daily structure indicates that buyers are still in charge of the larger recovery despite the decline from $1.70. After rising from an intraday low of about $1.38, XRP is currently trading at about $1.41. The significant development is still that it is at about $1.35 above the 200-day moving average.
XRP stays on the bullish pathDuring the August surge, XRP firmly reclaimed this indicator, and it has since spent multiple sessions above it. Because of this, the $1.35 region is the chart's most crucial support. The claim that the prior long-term downward trend has been broken would be strengthened by a successful defense.
XRP/USDT Chart by TradingViewHowever, a daily close below it would put XRP at risk of a more severe correction. The shorter moving averages are still significantly lower. The 50-day average is close to $1.14, the 100-day average is at $1.21, and the 20-day EMA has accelerated to about $1.26.
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This significant gap illustrates how rapidly XRP rose from its August low of about $1.00. Momentum is also returning to normal. After moving well into overbought territory, the RSI is now close to 66. Because of this cooling process, XRP may have more room for a subsequent upside attempt without producing an extremely high momentum reading right away.
The first significant barrier is still between $1.45 and $1.50. After the initial breakout, XRP has had trouble sustaining its momentum above this region. Attention would move to $1.55 and ultimately the $1.70 spike high if $1.50 were cleared.
Technically speaking, XRP is still bullish above $1.35. A consolidation between that level and $1.50 would probably be preferable to another sudden vertical move, in order to allow the shorter moving averages to catch up with price.
Ethereum's strong positioningFollowing its August breakout, Ethereum is still in an exceptionally strong position, holding hundreds of dollars above its recently recovered 200-day moving average while consolidating around $2,470. ETH is currently trading close to $2,472 after rising quickly from about $1,900.
ETH/USDT Chart by TradingViewAlmost simultaneously, the breakout forced Ethereum through a number of resistance levels, including the declining 200-day moving average at $2,159. It is an important move. The 20-day EMA has risen to $2,225, while ETH is currently about 14% above its 200-day average.
At roughly $2,030 and $2,019, respectively, the 50-day and 100-day moving averages are still much lower. Breaking the long-term trend indicator is no longer Ethereum's immediate concern.
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Rather, buyers must build a solid structure above it and prevent the current consolidation from becoming a more significant retracement. The immediate resistance area is now between $2,500 and $2,550. This zone has been tested by several recent candles without resulting in a lasting breakout.
Additionally, volume increased sharply during the initial breakout before falling during the consolidation. Lower volume during a sideways phase is not inherently bearish, as it may suggest that aggressive selling has not followed the rally. The quickly rising 20-day EMA at $2,225 is currently the first significant dynamic support.
The 200-day average at $2,159 becomes the critical level below it. The present consolidation supports continuation as long as Ethereum stays above those levels. Breaking $2,550 would be the next sign that buyers are prepared to extend the August reversal.
Shiba Inu's long-term directionAfter its August comeback, Shiba Inu is still struggling with long-term resistance, but the most recent decline has moved SHIB into a support zone that may determine whether the rebound continues. Following a recent spike to roughly $0.00000620, SHIB is currently trading around $0.00000517.
SHIB/USDT Chart by TradingViewSHIB briefly rose above the 200-day moving average as a result of the move, but buyers were unable to hold that position. The indicator remains the biggest technical barrier on the daily chart and is currently located close to $0.00000571.
Because the 200-day average has served as long-term resistance during the larger downtrend, that failed breakout is significant. Before the market can establish a more convincing bullish reversal, SHIB needs to recover roughly $0.00000570–$0.00000580. The lower price is more favorable.
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The 100-day moving average is close to $0.00000498, and the 20-day EMA has risen to about $0.00000500. As a result, there is a concentrated support area directly beneath SHIB. At roughly $0.00000471, the 50-day moving average is lower. Consequently, the critical short-term level is now $0.00000495–$0.00000500.
By holding it, SHIB could consolidate above its medium-term trend indicators and prepare for another attempt at the 200-day average. Momentum has already considerably decreased. The RSI is currently at 54, which is lower than the overbought levels reached during the August surge.
As a result, SHIB has considerably more room to move in either direction without momentum becoming a limiting factor. For a rebound from $0.00000500, resistance would first appear between $0.00000540 and $0.00000555, followed by the critical $0.00000571 level.
Bitcoin is holding steady following a strong breakout in August, with its price consolidating well above crucial long-term averages. After reaching a peak just above $81,000, Bitcoin is currently trading near $78,840. The recent surge began around $63,000, representing a nearly 30% gain before the cryptocurrency encountered significant resistance.
Key support and resistance levelsDespite volatility near the $80,000 level, sellers have so far been unable to trigger a significant pullback. The most notable technical indicator remains the recovery and defense of Bitcoin’s 200-day moving average, with the 20-day exponential moving average (EMA) rapidly rising to approximately $72,250, converging with the 200-day average in the same region. These overlapping support bands near $72,000 are poised to play a crucial role in the coming sessions.
The asset also trades comfortably above its 50-day and 100-day moving averages, currently situated at $68,680 and $67,300, respectively. This distance illustrates the exceptional velocity of Bitcoin’s rally. The relative strength index (RSI) remains elevated at around 72.5, indicating that conditions are technically overbought, which could support a period of sideways movement before any further gains.
Critical resistance is clustered between $80,000 and $82,000. A decisive breakthrough above $82,000 could signal further bullish continuation, while downside support is established near $76,000–$77,000. A more pronounced correction could place the $72,000 support zone into focus, but as long as Bitcoin holds above its 200-day moving average, the broader uptrend remains intact.
IndicatorCurrent ValuePrice$78,840All-time peakJust above $81,000200-day MA~$72,18020-day EMA~$72,250Support zone$76,000–$77,000Resistance zone$80,000–$82,000Bitcoin’s structure remains bullish while it holds above its 200-day moving average, and the consolidation near $80,000 appears driven by recent overbought conditions rather than a confirmed trend reversal.
XRP consolidates after sharp rallyXRP, the native token of the Ripple network, is also navigating a consolidation phase after a robust rally, during which it climbed from an intraday low of $1.38 to a recent price of $1.41. The token remains securely above its 200-day moving average at about $1.35, a region considered its key technical support.
A daily close below this threshold could open the door to deeper losses; however, buyers have so far defended this area effectively. XRP’s shorter-term moving averages lag behind the price, with the 50-day at $1.14, the 100-day at $1.21, and the 20-day EMA rising to $1.26.
The resurgence in price was accompanied by a surge in momentum, pushing the RSI toward overbought territory before a recent cooldown to 66. This drop in momentum may allow for another move higher without triggering an excessively overheated market. Immediate resistance stands at $1.45–$1.50, with further attention at $1.55 and the spike high at $1.70. A sustained consolidation between $1.35 and $1.50 would allow the shorter moving averages to catch up and support any future advance.
Maintaining support above $1.35 remains crucial for XRP’s near-term outlook; holding this level could reinforce the case that a longer-term downtrend has been broken.
Ethereum maintains strong trendEthereum has continued to trade in a strong technical position since its August breakout, staying hundreds of dollars above its reacquired 200-day moving average and consolidating around $2,470. ETH recently tested $2,472, following a rapid ascent from about $1,900.
The rally lifted Ethereum above several resistance marks, including the declining 200-day MA currently at $2,159. With the 20-day EMA now at $2,225, ETH sits approximately 14% above the critical long-term average. The 50-day and 100-day averages, at $2,030 and $2,019 respectively, trail well beneath recent prices.
Current consolidation above these levels suggests the market is pausing, rather than reversing. The immediate resistance zone lies at $2,500–$2,550. Trading volumes surged during the initial breakout, tapering off as prices moved sideways, which may reflect a lack of aggressive selling pressure. As long as ETH stays above $2,159, the medium-term outlook remains constructive. A breakout above $2,550 would reinforce the August reversal and confirm buyers’ control.
Shiba Inu struggles at long-term resistanceShiba Inu (SHIB), a well-known memecoin, has encountered persistent long-term resistance after its August surge. The recent price drop brought SHIB into a dense support band, now trading near $0.00000517 after briefly touching $0.00000620.
SHIB’s attempt to stay above its 200-day moving average near $0.00000571 was short-lived. This indicator remains the primary resistance during the ongoing downtrend. Recovery over $0.00000570–$0.00000580 is necessary for a confirmed bullish reversal; otherwise, focus remains on lower support levels.
The 100-day moving average stands at $0.00000498 and the 20-day EMA at about $0.00000500, providing a narrow support region under current prices. The 50-day average is further below at $0.00000471. Holding $0.00000495–$0.00000500 could lay the groundwork for renewed upward momentum. SHIB’s RSI has dropped to 54, offering more flexibility for the next directional move, and upside resistance remains at $0.00000540–$0.00000555, with the main barrier just above at $0.00000571.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
7 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
7 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
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According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
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PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
7 minutes ago
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According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Leading cryptocurrencies slid on Sunday after the U.S. and Iran resumed hostilities after a nearly month-long lull in fighting.
Crypto Market DropsBitcoin fell below $77,000 late Sunday before paring its losses, while trading volume surged 48% over the past 24 hours.
Ethereum fell back below $2,400 following an earlier spike to $2,532. XRP and Dogecoin likewise traded lower.
Nearly $400 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data.
Bitcoin’s open interest slipped 0.83% over the last 24 hours. Bitcoin’s long/short ratio declined among both retail and derivatives traders, though both groups remained net long overall.
“Greed” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.61 trillion, down 0.90% over the last 24 hours.
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Stocks Futures Slide After Iran StrikesStock futures fell overnight on Sunday. The Dow Jones Industrial Average Futures slipped 80 points, or 0.15%, as of 8:42 p.m. EDT. Futures tied to the S&P 500 dipped 0.26%, while Nasdaq 100 Futures fell 0.35%.
Trending
Geopolitical tensions escalated after the U.S. hit Iranian rocket launchers on Larak Island in southern Iran, according to Reuters. Iran’s Revolutionary Guards said it targeted U.S. bases in Jordan in response.
Ali Martinez, a widely followed cryptocurrency analyst and trader, noted that whales accumulated nearly $3 billion in Bitcoin over the past week, signaling “continued interest from large investors.”
Michaël van de Poppe, another widely followed cryptocurrency commentator, highlighted Bitcoin’s liquidity sweep at $77,000 followed by gaining $78,000 as support on the hourly chart.
“It’s now facing the final hurdle before it will start attacking the highs again,” Van De Poppe added. “What will the target then be? $82,700. Nothing else.”
