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Crypto analyst Willy Woo has published a post stating that Bitcoin is significantly decoupling from the U.S. stock market, with the last instance of such a high degree of decoupling occurring in 2015 — the prelude to Bitcoin’s 2017 bull run. In 2014, the stock market remained in a bull market, while BTC experienced a bear market unrelated to stock market trends. From 2015 to 2016, the stock market fluctuated weakly for two consecutive years, yet BTC entered a bull market; then in 2017, when the stock market also turned bullish, BTC surged even more sharply. Willy Woo believes the current market landscape mirrors that period: Bitcoin’s liquidity is continuing to strengthen, while the stock market is starting to show signs of fragility.
Somewhere out there, a miner (or miners) who earned Bitcoin when it was essentially worthless just moved 600 BTC that had been collecting digital dust since around 2010. At current prices, that stash is worth tens of millions of dollars. Whale Alert, the blockchain tracking service, identified the movement across 12 separate mining block rewards, each containing the original 50 BTC coinbase reward from Bitcoin’s earliest days.
The natural first question: is this Satoshi? The answer, according to Whale Alert’s analysis, is no. None of the 12 blocks show any connection to the patterns associated with Bitcoin’s pseudonymous creator.
Ghost coins come back to life Each of the 12 blocks dates back to roughly 2010, when Bitcoin mining could be done on a regular laptop and the price hovered somewhere between fractions of a penny and a few dollars. The 50 BTC reward per block was standard at the time, before Bitcoin’s first halving in 2012 cut that reward in half.
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The blocks appear to belong to anonymous individual miners rather than any known entity. What makes this movement notable is the sheer duration of dormancy. Sixteen years of inactivity followed by a sudden transfer raises eyebrows across the crypto community every single time it happens.
A pattern, not an anomaly This isn’t an isolated incident. On September 6, seven addresses tied to early miners moved a combined 350 BTC, valued at approximately $28 million at the time. That transaction followed the same playbook: coins from Bitcoin’s earliest era suddenly transferring to new, unlabeled addresses.
The key detail in both cases is where the coins went. They didn’t land on exchange deposit addresses. Instead, the transfers routed to fresh wallets with no known exchange affiliation. When dormant Bitcoin moves to an exchange, it typically signals intent to sell. When it moves to a new cold wallet, it looks more like housekeeping.
Throughout 2026, substantial amounts of early-era Bitcoin from wallets dating to the 2011-2014 period have also shown signs of reactivation. The cumulative effect is a steady drip of ancient coins waking up, creating a broader trend that on-chain analysts have been tracking closely.
Why dormant Bitcoin movements spook the market Even when the data suggests no selling intent, these movements carry psychological weight. The fear is straightforward: if early holders who accumulated Bitcoin at negligible cost start selling, the supply shock could pressure prices downward. A single miner from 2010 sitting on a few hundred BTC has a cost basis of essentially zero.
For traders watching on-chain flows, the distinction between exchange-bound transfers and wallet-to-wallet consolidation is critical. The former is a sell signal. The latter is closer to a vote of confidence.
That said, the mere visibility of these transactions can influence short-term sentiment. When Whale Alert flags a multi-million-dollar transfer from a dormant wallet, it gets amplified across social media within minutes. Traders who don’t dig into the destination details may react reflexively, creating brief volatility that has nothing to do with actual selling pressure.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin hovered near $79,900 on Sunday, September 6, positioning itself within close range of a key resistance zone at $80,500. Market participants are watching for signs that the recent weekend rebound can persist, with the risk of a reversal if buyers fail to overcome nearby selling pressures.
Short-Term Resistance and Support LevelsTechnical strategist Kaz, known for crypto market analysis, identified $80,497 as an important resistance level in Bitcoin’s current trading range. According to Kaz, the latest upward move occurred on relatively low trading volume, while fresh buying interest has appeared close to $78,500.
Kaz described a base scenario in which Bitcoin attempts to break through the $80,500 to $80,800 zone. If this area rejects price advances, the market could retrace toward $78,500, which has emerged as a support zone.
The chart marks $80,497 as a significant rejection level. A failure to close above this threshold may confirm a bearish short-term outlook, with $78,562—the monthly open—serving as a potential fallback support.
A broader demand area stretches below $78,562, toward approximately $78,000, which Kaz considers a likely location for renewed buying interest if that level is defended. In such a scenario, any pullback could be viewed as a healthy reset within Bitcoin’s ongoing recovery rather than the start of a deeper corrective phase.
Kaz notes that the bullish structure relies on buyers holding the $78,000 to $78,500 range, which would keep $83,000 to $84,000 targets viable. Conversely, breaking below that support would undermine the continuation case and expose Bitcoin to more substantial downside risk.
If the support zone is maintained and demand returns, potential upside remains in play, with $83,000 to $84,000 cited as medium-term targets. However, a decisive drop through $78,000 supports would weaken this bullish thesis and could open the door to further declines.
Liquidity Concentrations Shape BTC OutlookRecent order book analysis reveals several dense liquidity clusters positioned above Bitcoin’s current price, with significant bands observed between $80,300 and $82,500. Additional concentrations are found around $83,000 and just above $83,500, creating possible targets if resistance is breached.
Kaz’s analysis suggests that these liquidity clusters could attract price momentum should Bitcoin break through $80,500, bringing the $81,000 to $82,500 range into focus ahead of the larger $83,000-$84,000 zone.
Important downside liquidity areas also persist, with notable levels near $78,000 and $77,500. A more substantial base of liquidity sits lower between $74,000 and $76,000, signaling where the market could find support if the current recovery stalls.
LevelTypeRange$80,500-$80,800ResistanceImmediate$83,000-$84,000Upside TargetMedium-Term$78,000-$78,500SupportShort-Term$74,000-$76,000Downside LiquidityLower SupportThis environment places special emphasis on the $78,000-$78,500 support zone. Holding this level preserves the current structure and bolsters the case for another push toward $80,500 resistance. A failure to maintain this area would shift attention to lower liquidity bands and weaken the outlook for continued upward movement.
Bitcoin’s next move now depends on which boundary falls first: the resistance area between $80,500 and $80,800 or the support zone from $78,000 to $78,500. A strong climb above resistance could accelerate movement toward higher liquidity near $83,000-$84,000, while a breakdown would increase the risk of a deeper correction.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
This week was a whirlwind of activity in the cryptocurrency world. From Bitcoin’s fluctuating fortunes to Strategy’s controversial sale, the past few days have been nothing short of eventful.
Let’s dive into the top stories that made headlines.
Bitcoin’s Uncertain FutureCrypto analyst Benjamin Cowen has suggested that the Federal Reserve should consider raising rates at its Sept. 16 decision. This comes after a strong jobs report pushed rate hike odds back to 60%. Cowen believes that the August jobs print essentially reversed what Fed Governor Waller said Thursday, after Waller’s comments had briefly made a hold seem more likely.
Read the full article here.
Strategy Inc. CEO Phong Le defended the company’s decision to sell roughly 7,000 Bitcoin near the market’s lows. Le called the sale “minuscule” and signaled that Strategy could keep buying even if Bitcoin reaches $100,000, $130,000 or higher.
Read the full article here.
American Bitcoin’s First AnniversaryEric Trump celebrated the first anniversary of American Bitcoin Corp. going public. Trump reiterated the company’s vision of making the U.S. a "leader" in the Bitcoin economy. The company now holds 8,300 BTC on its balance sheet and runs a fleet of nearly 90,000 miners.
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Read the full article here.
Strategy’s Reserve CapitalMichael Saylor highlighted that Strategy Inc. now has more “Total Reserve Capital” than any other financial-services company in the S&P 500 index except Berkshire Hathaway Inc.
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Read the full article here.
SEC’s New Crypto RulesSEC Chair Paul Atkins said that the agency’s new cryptocurrency regulation proposal aligns with the agency’s belief that the CLARITY Act will be enacted into law. Atkins believes this is the “most historic step” taken to modernize cryptocurrency regulations.
Read the full article here.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock
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Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.
Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.
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A prominent crypto trader forecasts Bitcoin will trade in a range, and favors buying on a dip.
Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.
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U.S. Special Envoy Concludes Negotiations with Zelenskyy
Ukrainian President Volodymyr Zelenskyy announced that the first meeting between Ukrainian and U.S. negotiators has concluded. U.S. Special Envoy Steve Witkoff said he was encouraged by the substantive, meaningful discussions. Jared Kushner, son-in-law of former U.S. President Donald Trump, stated that the U.S. team expects to achieve more progress. (Jin10)
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Arbitrum and Solana co-founders once again debate transaction costs: Steven emphasizes MEV protection, while Toly questions transaction fees and spreads.
Arbitrum co-founder Steven Goldfeder and Solana co-founder Toly have engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model. Steven argued that surface-level fees alone should not be compared, noting that Arbitrum One and Robinhood Chain proactively prevent front-running and most malicious MEV, while some chains claiming lower fees carry higher MEV costs—including front-running targeting retail users. He stated he would rather pay clear, upfront fees than incur hidden losses from front-running, sandwich attacks, and other issues just to secure lower fees. Toly countered that Arbitrum currently has worse bid-ask spreads and higher fees. He explained that the 10% cut it takes from fees, when converted to basis points, already exceeds the sandwich attack loss rate—estimated to be roughly 10 times that rate—without even accounting for spread impacts. He emphasized: “A single sequencer that prioritizes maximizing shareholder value will never outcompete permissionless competition.”
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WOO X exposed for abnormal withdrawals, multiple users report their withdrawals stuck in 'pending' or 'processing' status.
On-chain detective ZachXBT has issued a community alert, reporting that over the past three days, multiple verified WOO X users have complained their withdrawals remain stuck in "pending" or "processing" status. As of the time of his post, WOO X has not released a statement on the matter. WOO X was incubated by Kronos Research and acquired by FusionX Digital in the fourth quarter of 2025. ZachXBT pointed out that FusionX Digital is reportedly linked to BitMart founder Sheldon Xia. ZachXBT also noted that BitMart announced on July 26, 2026, it would cease operations and restructure, leaving users unable to access millions of dollars in trapped funds, with complaints rising steadily on the X platform. Sheldon Xia only issued a vague statement asserting user assets are secure, but these claims have not been independently verified.
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ZEC分红Meme代币ZCAT市值短时突破1.19亿美元续创新高，24小时涨超353%
According to GMGN market data, the ZEC-themed airdrop meme token ZCAT (Anonymous Cat) on the Solana blockchain briefly surpassed $119 million in market capitalization, hitting a new all-time high, and is currently trading at $110 million. The token has rallied over 353% in the past 24 hours, with a 24-hour trading volume of $10.9 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash’s (ZEC) privacy concept, featuring an anonymous cat mascot wearing a brown paper bag over its head. It levies a ~3% transaction and transfer tax to purchase bridged Zcash (ZEC) on Solana, which is then airdropped to holders. BlockBeats reminds users that most meme coins lack real utility, are highly volatile, and investors should exercise caution.
For the first time since December 2024, the total open interest in altcoin perpetual futures has eclipsed Bitcoin’s. The crossover, tracked by Coinalyze data, marks a notable structural shift in how traders are positioning themselves across crypto markets.
Open interest measures the total number of outstanding derivative contracts that haven’t been settled.
What the numbers look like The market capitalization of altcoins outside the top ten has climbed above $200 billion, representing a gain of more than 10% since the start of September.
Bitcoin continues trading above $80,000.
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One standout example: ZEC’s open interest surged to a record $2.4 billion in early September, with $34 million in short liquidations triggered as its price pushed past $1,000.
The historical pattern traders should remember Analysts have observed that liquidation events tend to accelerate when aggregate OI approaches roughly 4.42% of total market capitalization. At that threshold, the amount of leveraged exposure relative to the underlying market value becomes fragile enough that a sudden move can unwind positions rapidly.
Noted trader Ted has commented on the potential for altcoin outperformance during this phase, while also flagging the elevated risk profile.
The last time altcoin OI exceeded Bitcoin’s, in December 2024, the crossover was followed by a period of sharp corrections in several mid-cap tokens, even as Bitcoin itself held relatively steady.
Why this time feels different, and why it might not be The growth in altcoin market cap outside the top ten also suggests this isn’t purely a derivatives-driven phenomenon. Spot buying appears to be participating alongside futures activity.
The ZEC example is telling. A $2.4 billion OI figure for a single altcoin represents an enormous amount of leveraged exposure. The $34 million in short liquidations that accompanied its price crossing $1,000 was painful for bears, but a reversal at those OI levels could be equally brutal for longs.
What’s worth watching closely is whether the OI-to-market-cap ratio continues climbing toward the levels that historically triggered liquidation cascades.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
12 Bitcoin addresses dormant for over 16 years moved a total of 600 BTC on September 5, worth approximately $48 million. The BTC all originated from mining rewards in March 2010, when Satoshi Nakamoto was still active on the Bitcoin network. Whale Alert stated that the 600 BTC came from mining rewards of 12 Bitcoin blocks, and no connection between these addresses and Satoshi Nakamoto has been found. Earlier, Lookonchain had identified 7 of these miner wallets, which moved 350 BTC after remaining dormant for roughly 16.5 years. Whale Alert also noted that one of the block rewards was transferred several blocks ahead of most other transactions, a pattern consistent with conducting a test transaction before executing the remaining transfers.
Quick Summary Friday’s August CPI reading could influence the Federal Reserve’s decision on a potential September interest rate increase following robust employment figures August employment numbers came in at 162,000 new jobs, significantly exceeding the anticipated 55,000 Oracle delivers quarterly results on Thursday; stock has declined almost 20% year-to-date amid balance sheet worries Diesel fuel reaches unprecedented $5.85 per gallon, fueled by Middle East tensions and ongoing Russia-Ukraine hostilities Apple prepares to launch the iPhone 18 Pro lineup and a foldable device during Wednesday’s presentation Market participants are preparing for an action-packed week dominated by critical inflation metrics, significant corporate earnings announcements, and escalating energy expenses that could influence trading activity.
The headline event arrives Friday with the release of August’s Consumer Price Index figures. Following last month’s employment surge of 162,000 positions—far surpassing the projected 55,000—market watchers are questioning whether inflation trends will prompt the Federal Reserve to implement a rate increase in September.
Under Chairman Kevin Warsh’s leadership, the Fed has maintained its commitment to price stability. Inflation metrics have persistently exceeded the central bank’s 2% benchmark for approximately five years.
“Price stability is not self-executing, nor is inflation necessarily mean-reverting,” Warsh said. “It is the Fed’s job to deliver stable prices.”
Market expectations for a September rate adjustment stand at approximately even odds entering the week. Thursday’s Producer Price Index release will provide preliminary insights ahead of Friday’s consumer inflation data.
Source: Forex Factory Oracle Earnings Under the Microscope The corporate calendar’s marquee event Thursday features Oracle’s quarterly earnings announcement. The technology giant’s stock has tumbled nearly 20% in 2025 and approximately 30% over the trailing twelve months. Investor anxiety centers primarily on the substantial debt Oracle has accumulated to finance its aggressive data center expansion strategy.
Despite recent headwinds, Bank of America analyst Tal Liani maintains an optimistic outlook entering the earnings release. His projections include 25% sequential growth and 116% year-over-year expansion in infrastructure-as-a-service revenue. He anticipates Cloud SaaS revenue advancing roughly 12.8% for the reporting period.
“We favor the risk/reward of Oracle,” Liani wrote, noting that Wall Street may not be fully pricing in the company’s revenue growth potential tied to data center milestones.
Adobe is also scheduled to report Thursday, its first earnings since a recent leadership transition. Macy’s announces results the same day, offering insights into current consumer spending patterns.
Diesel Hits a Record High American diesel prices climbed to an unprecedented $5.85 per gallon on Friday, surpassing the prior peak of $5.816 established in June 2022. Ongoing Iranian conflicts have disrupted refined petroleum product shipments from the Persian Gulf region, while Ukrainian strikes targeting Russian refining facilities have diminished output from a major global diesel supplier.
Domestic distillate inventories have fallen to historically low levels for this period, with East Coast reserves at unprecedented lows. This supply crunch arrives as northeastern states approach the winter heating demand season.
“Record diesel will start funneling down into the economy,” said Patrick de Haan of GasBuddy.
Apple conducts its annual product showcase Wednesday, where analysts expect the company to introduce the iPhone 18 Pro, Pro Max, and a foldable iPhone model. The event marks the first major product debut under newly appointed CEO John Ternus.
Additional retail earnings from Casey’s General Stores, American Eagle Outfitters, and Kroger will complete the week’s corporate reporting schedule.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin's fourth parabolic phase remains valid.
The return of the archived forecast coincided with the cryptocurrency's push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall Street veteran's repost directly indicates that the asset's multi-year bullish trend remains intact.
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In the original post from June 2019, when Bitcoin was trading at only around $10,000, Brandt predicted a target of $100,000. Based on Factor LLC's charts, the analyst with 45 years of experience showed that no traditional asset — including Apple, Amazon, Netflix and gold — could replicate the cryptocurrency's cyclical performance.
Bitcoin weekly log chart showcasing historical parabolic advances and trend channels, Source: Peter Brandt via TradingViewHistorical data recorded gains of 20x, 489x, 42x and 93x in Bitcoin's previous cycles, respectively.
Driven by institutions, not retail: why Bitcoin's 2019 parabolic model still works in 2026.In September 2026, the chart returned to the spotlight because of the structure of BTC's price action. The weekly logarithmic chart shows that the current price is compressed near the lower boundary of the historic ascending channel, repeating a phase of broad accumulation.
Institutional support is the clearest difference between the current phase and the market conditions of 2019. Seven years ago, the parabola was fueled purely by speculation and retail investor sentiment.
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Today, the channel's stability is supported by major funds and systematic capital inflows through spot ETFs. Because of its enormous market capitalization, Bitcoin will struggle to deliver its previous 100x returns — the effect of diminishing returns — but the logarithmic trajectory itself remains unchanged.
Brandt's model remains a key benchmark for the market, confirming that the parabolic scenario remains valid as long as the critical support lines hold.
The path to new highs will not be linear. However, as long as the lower boundary of the trend holds, Bitcoin will continue to play its own game — one that simply has no equivalent in the history of global finance.
Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The U.S. Treasury Department will enter the active phase of its government debt buyback program on Monday, Sept. 7, 2026. The weekly limit on operations will amount to $14.5 billion, while the maximum volume of Treasury sessions could reach $16.5 billion.
Such a large liquidity injection has sparked discussion across financial markets about the start of a second round of the crypto market's rally, particularly for Bitcoin and XRP.
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The bulk of the operations is scheduled for Wednesday, Sept. 9. The Treasury, led by Secretary Scott Bessent, is doubling its buyback limits for long-term securities maturing in 10 to 30 years — from $2 billion to $4 billion per session.
Tentative schedule of U.S. Treasury buyback operations for September 2026, Source: U.S. Department of the TreasuryIn total, the department plans to remove approximately $38.25 billion worth of bonds from the market in September, while the U.S. Federal Reserve will simultaneously allocate up to $2.122 billion to purchases of short-term Treasury bills as part of its planned reinvestment of principal.
While Bessent stabilizes yields, Bitcoin at $80,000 awaits a spark from primary dealersAs officials describe the multibillion-dollar injections as "routine," the cryptocurrency market is approaching Sept. 9 in a state of extreme technical tension. Traders expect the cash that the Treasury will provide to major banks in exchange for older bonds to fuel a breakout from prolonged trading ranges.
At the beginning of September, Bitcoin is trading just below the psychological $80,000 level, having formed a massive liquidity cluster and dense concentrations of short-liquidation levels between $79,500 and $82,000.
In this environment, any impulse from primary dealers on Wednesday could trigger the forced closure of short positions and immediately push the price toward new local highs through a short squeeze.
Comparative daily price charts of XRP/USD and BTC/USD showing consolidation patterns in September 2026, Source: TradingViewMeanwhile, capital is accumulating in XRP as the token approaches $1.45 amid record institutional inflows. U.S. spot XRP ETFs have recorded net inflows exceeding $1.66 billion.
The Treasury's liquidity injection coincides with the main fundamental catalyst of the fall: on Sept. 15, the U.S. Senate will hold a key vote on the CLARITY Act. Traders are pricing in a scenario in which fresh dollars entering the system help XRP break through the key resistance level at $1.70 and open a direct path toward the psychological $2 mark.
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Market analysts warn against equating the Treasury's current program with full-scale quantitative easing. The Treasury is not creating new money out of thin air but merely replacing long-term obligations with short-term borrowing to stabilize the government bond market, where yields remain near multiyear highs.
There is also a medium-term risk: if Bessent's buybacks overstimulate the economy, the Federal Reserve could be forced to keep interest rates higher for longer, eventually limiting the cryptocurrency market's growth potential.
Nevertheless, short-term market expectations remain focused on the actual liquidity inflow on Sept. 9. The reaction of Bitcoin and XRP prices to this impulse will become a defining factor for the market's direction throughout the fall of 2026.
The US Treasury Department is set to begin the active phase of its government debt buyback program on Monday, September 7, 2026. The department said weekly limits for the operations are set at $14.5 billion, with the overall maximum per Treasury session reaching $16.5 billion.
Scale of buybacks and liquidity injectionMost of the buyback activity is scheduled for Wednesday, September 9. Under Treasury Secretary Scott Bessent, the department will double buyback limits on long-term securities maturing in 10 to 30 years per session, raising the figure from $2 billion to $4 billion.
In total, the Treasury aims to remove approximately $38.25 billion in bonds from the market throughout September. Simultaneously, the US Federal Reserve is preparing to allocate up to $2.122 billion for purchases of short-term Treasury bills through reinvestment of principal.
These actions represent a significant liquidity injection, prompting debate within financial markets about whether they could act as a catalyst for renewed momentum in the cryptocurrency sector, particularly for Bitcoin and XRP.
Bitcoin and XRP traders await market breakoutLeading up to the scheduled buybacks, Bitcoin traded just below the $80,000 level in early September. Analysts identified a large liquidity cluster between $79,500 and $82,000, marked by heightened short-liquidation levels.
Several traders expect that if Wednesday’s buybacks provide fresh liquidity to primary dealers, this could spark a breakout above recent trading ranges. In this scenario, a squeeze on short positions could drive Bitcoin to new local highs.
Bitcoin hovers below the key $80,000 threshold, with technical indicators suggesting that increased liquidity on September 9 could swiftly push prices higher through forced short covering.
XRP is also drawing market attention, as the token nears $1.45 and registers record inflows from institutional investors. US spot XRP exchange-traded funds (ETFs) have seen net inflows above $1.66 billion, highlighting elevated demand ahead of upcoming events.
Legislative and macroeconomic factorsThe Treasury’s liquidity boost aligns with another pivotal moment for the crypto sector: On September 15, the US Senate is due to vote on the CLARITY Act. Market participants anticipate that dollar inflows from the buybacks could help XRP breach significant resistance at $1.70, which may open the way for a move toward the $2 psychological level.
Despite optimism in the crypto market, analysts have cautioned against confusing the Treasury’s current buyback program with full-scale quantitative easing. The department is not expanding the money supply but shifting from long-term obligations to short-term debt to stabilize government bonds, where yields recently tested multiyear highs.
There are also concerns about potential medium-term consequences. Some analysts noted that if the buybacks inject too much liquidity and stimulate economic demand, the Federal Reserve could be compelled to maintain higher interest rates for a longer period, which may curb the growth prospects of cryptocurrencies.
Nevertheless, for now, market focus remains on the September 9 liquidity injections. The performance of Bitcoin and XRP after this key event is expected to set the tone for the cryptocurrency market as it heads into the last quarter of 2026.
Mini dictionary: Scott Bessent is the current Secretary of the US Treasury Department, responsible for overseeing federal finances and implementing economic policies, including debt management operations such as large-scale bond buybacks.
ActionDateTarget VolumeNotesDebt Buyback Program LaunchSeptember 7, 2026$14.5 billion per weekProgram beginsMain Buyback SessionsSeptember 9, 2026Up to $16.5 billionLong-term bonds focusUS Fed Treasury Bill PurchasesThroughout SeptemberUp to $2.122 billionShort-term instrumentsXRP ETF Net InflowsRecent period$1.66 billion+Record institutional demandDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Kalshi has just reached a milestone. The predictive markets platform recorded 15.4 million visits from the United States in July 2026, compared to barely 1 million a year earlier. That’s an increase of 1,520%, according to Similarweb data consulted by Cointelegraph on Friday. Trading volume is rising at an even faster pace. Approximately 40 billion dollars in notional monthly volume in August, compared to 874 million a year before. But the information that really changes the game is elsewhere. Kalshi has just launched crypto perpetual contracts, including BTC, ETH, BNB and 14 other assets, with up to 6x leverage. A pivot that complicates an already heavy regulatory file.
In brief Kalshi now captures most of the growth in the predictive markets sector, driven by sports contracts. The platform is playing its regulatory survival before the Supreme Court on the exact nature of its contracts. In the midst of a legal battle, Kalshi chooses to open a second front by launching leveraged crypto perpetuals. Kalshi: Vertigo-Inducing Traffic and Volumes The numbers speak for themselves. US traffic represented nearly 80% of Kalshi’s total in July, compared to 72.8% a year earlier. Growth remains massively concentrated on the American market. Sports contracts, meanwhile, account for 83% of July’s trading volume, reported Barron’s on Thursday. In terms of volume, the entire predictive markets industry has grown from 2 to 50.7 billion dollars monthly over the period, with Kalshi capturing nearly 79% of the total alone. So Kalshi hasn’t just grown, it has absorbed the entire market.
The notable fact here is that traffic is also increasing from jurisdictions where Kalshi is not allowed to operate directly:
Canada increased from 50,000 to 450,000 visits; The United Kingdom from 31,000 to 296,000, while the platform’s user agreement still prohibits direct access from these two countries. Kalshi circumvented the issue in June through a partnership with Wealthsimple, which gives access to about 4,000 eligible contracts via a separate app. Clever, but it doesn’t erase the fundamental question. Who accesses what, and under what authorization?
A Court Case that Has Reached the Supreme Court While traffic explodes, the courts are active. New Jersey has brought before the US Supreme Court the question of whether Kalshi’s sports contracts fall under federal supervision (thus the CFTC) or state gambling laws specific to each state. Michigan is pursuing its own efforts to block the platform. The issue is not cosmetic because if sports contracts are reclassified as bets under state jurisdiction, a significant part of Kalshi’s model, 83% of the volume, becomes fragile in its main markets.
Kalshi is playing a double-edged sword here. On the one hand, it claims federal status as an event contract market, regulated by the CFTC for years. On the other hand, the bigger the platform grows, the more it attracts state regulators’ attention, who see in this success proof that Kalshi is effectively disguised sports betting.
The Crypto Shift that Incorporates a Regulator And now Kalshi adds another layer. On September 4, the Kalshi Crypto account announced on X the launch of perpetuals on BNB, complementing an offering that already covers BTC, ETH, LINK and 14 other cryptos, with leverage up to 6x for eligible American traders. An extension confirmed the same day by a post relaying the announcement on the network. The platform is also pushing, according to the same publications, towards tokenized stocks and gold.
To say it frankly, the timing is bold because Kalshi is already fighting before the Supreme Court to prove that it is not a disguised bookmaker. And it chooses this precise moment to launch 6x leverage on cryptos, a territory that clearly falls under the CFTC’s eye for classical derivatives. Instead of simplifying its regulatory file, Kalshi has opened a second front. This time on leveraged crypto derivatives, while the first, sports contracts vs. gambling, is not even resolved yet.
Three Things About Kalshi to Keep in Mind US traffic up +1,520% in one year, 15.4 million visits in July, compared to less than 1 million in August 2025 Kalshi is about 40 billion dollars, driven to 83% by sports contracts, while litigation over their status rises to the Supreme Court New regulatory front opened at the beginning of September: launch of crypto perpetuals (BTC, ETH, BNB, LINK + 14 assets) up to 6x leverage Kalshi is therefore growing faster than its regulatory base can keep up. Between the Supreme Court and the CFTC, two fronts are opening at the same time: sports and crypto. The question is no longer whether a regulator will decide, but which one will tackle it first.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Bitcoin price traded near $79,972 after gaining 0.43% over 24 hours, keeping the $85,000 test within reach.
The crypto market was up 0.98%, with its capitalization at 2.72 trillion and the demand bolstering risk appetite. Solana led major altcoins, rising 4.07% to $106.57, while Ethereum advanced 2.02% to $2,502.82.
XRP price climbed 1.23% to $1.42, and BNB gained 0.60% to $757.21. The Fear and Greed Index of CoinMarketCap was 75, which is in the realm of greed.
Here’s What Could Influence BTC to Rally Above $85K There are a number of catalysts that may define whether Bitcoin transforms its recovery to an enhancement beyond $85,000. Further strength of the altcoins would indicate that the investors are still comfortable to take risks in the cryptocurrency market.
The Crypto Fear and Greed Index is 75, indicating that there is a high degree of greed and investor confidence in the overall market.
Source: CMC data An anticipated September 15 CLARITY Act cloture vote in the Senate is a catalyst. The advancement would help build trust by taking the clear digital asset management one step closer to the reality.
The bill would separate regulators between the Securities and Exchange Commission and Commodity Futures Trading Commission. Lack of progress of the proposal may undermine momentum and push back hopes of thorough American cryptocurrency regulations.
The monetary policy can bring volatility. The Federal Open Market Committee is holding on September 15 and 16, where economic projections are anticipated.
Kalshi traders placed a 77% probability on Bitcoin price crossing $85,000 before October 2. Reaching that level would require roughly 6.3% growth from the price.
Source: Kalshi data
Bitcoin ETF Inflows Reinforce Institutional Demand On September 4, United States spot Bitcoin ETFs registered net inflows of 175 million, the third straight positive session. The IBIT in BlackRock and Fidelity had attracted respectively, 117 million and 57.22 million.
Spot Ethereum ETFs gained 26.46 million, which indicated that the institutional demand was not limited to Bitcoin. The ETHA and ETF of BlackRock raised the sums of 57.79 million and 16.44 million, respectively.
Spot Bitcoin ETFs Take In $175M; Ethereum ETFs Record $26.46M Inflow
According to SoSoValue, U.S. spot Bitcoin ETFs recorded $175 million in net inflows on September 4 (ET), marking their third consecutive day of inflows. BlackRock’s IBIT led with $117 million, followed by… pic.twitter.com/dNOGJAVUw5
— Wu Blockchain (@WuBlockchain) September 5, 2026
Those gains counterbalanced the Fidelity FETH, which recorded 48.30 million net withdrawals. The continued inflows of Bitcoin ETFs may take up available supply and allow another challenge around $82,000.
Bitcoin Price Prediction: Key Levels To Watch Bitcoin price remains above the $79,500 support after sellers rejected its advance near $82,000. The level that used to limit gains was key in the short-term bullish formation.
The four-hour RSI of Bitcoin is 55.20, which means that the momentum is neutral and moderate buying activity.
The MACD line is at 327.50, which is below the 393.86 signal line, and the histogram indicates minus 66.35. This bearish formation indicates that there is a deterioration in the short-term momentum, but both MACD lines are above zero.
Source: TradingView Further gains above $79,500 would save another effort of $82,000 as per the future Bitcoin outlook. An upsurge of more than $82,000 would then open the gates to momentum of up to $85,000.
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.
Bitcoin has begun moving in closer alignment with gold as both assets attract interest from investors seeking protection against fiscal and currency risks. The latest data shows the 90-day correlation between Bitcoin and gold climbed to +0.50, more than double its level at the start of 2026.
Bitcoin strengthens ties with goldAccording to analysis by the Kobeissi Letter, Bitcoin’s 90-day correlation with gold now stands at +0.50. This nearly matches the peak reached during the early months of the COVID-19 pandemic in 2020, when global markets faced extreme uncertainty. The Kobeissi Letter is a financial newsletter known for macroeconomic and market analysis.
Bitcoin and gold are increasingly moving together, with their 90-day correlation now at +0.50—almost matching the all-time high reached during the 2020 pandemic. This level has more than doubled since the beginning of the year.
The increase in correlation has accelerated in recent months. Following a recovery from the 2022 bear market, the same 90-day correlation between Bitcoin and gold peaked at only +0.30. Fresh figures from Bitwise and Bloomberg also placed the correlation at +0.50 through August 31, reinforcing the view that the two assets exhibit heightened co-movement.
The US Treasury’s recent move to double the size of its long-dated debt buyback operations has contributed to this trend. On August 19, the Treasury announced an increase in regular buybacks from $2 billion to at least $4 billion each, reflecting a shift in policy that has echoed across financial markets.
Mini dictionary: US Treasury debt buybacks, a mechanism by which the US government repurchases its own long-term bonds from the market to manage overall debt maturity or market liquidity.
Asset Pair90-day Correlation (Start 2026)90-day Correlation (Aug 31, 2026)All-time HighBitcoin & GoldBelow +0.25+0.50+0.50 (2020, 2026)Bitcoin & Nasdaq 100Above 0.450.30—While Bitcoin’s association with gold has intensified, its relationship with tech stocks, specifically the Nasdaq 100, has weakened. The Kobeissi Letter reported that the 90-day correlation between Bitcoin and the Nasdaq 100 has dropped to approximately 0.30, marking the lowest reading in a year.
This divergence underscores a shift in market behavior, as Bitcoin decouples from the performance of leading US technology companies. Analysts suggest this change has redirected attention to Bitcoin’s role alongside gold as a scarce asset under macroeconomic stress.
Investors are turning to Bitcoin and gold as potential hedges against currency debasement, especially as US national debt approaches $40 trillion and concerns about fiscal sustainability rise.
Simultaneously, gold continues to see strong demand among central banks amid geopolitical and financial instability. The Netherlands recently transferred 86 tonnes of gold to London, an indication of active management of their national reserves.
Crypto market analyst Crypto Tice suggested that the recent pause in gold’s gains could drive more capital into Bitcoin. The observation refers to earlier patterns when investors reallocated profits from gold to Bitcoin after the yellow metal reached new peaks.
Gold and Bitcoin trade near record highsCurrently, gold is trading close to $4,430 per ounce, while Bitcoin remains around $81,000. The ongoing convergence in price action highlights how both assets now exhibit a much tighter price relationship compared to earlier periods this year.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Rob Hamilton, CEO of AnchorWatch and a Bitcoin contributor, got his first commit merged into Bitcoin Core on August 20. The fix addressed a wallet-related bug, and the interesting part is how he found it: by pointing AI models at Bitcoin’s codebase and letting them hunt for problems.
Hamilton’s effort is part of a broader initiative he calls the “Bitcoin Red Team,” a volunteer-driven campaign that uses AI to systematically audit Bitcoin-related open-source code. The project has already surfaced thousands of potential issues, including dozens classified as critical. It also revealed something uncomfortable about the current state of AI-powered security research: the tools you need can be yanked away mid-audit.
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Inside the Bitcoin Red Team’s 30-hour sprint The Red Team consists of Hamilton and 16 volunteers who launched their first major push in early August. In roughly 30 hours, the group documented 4,962 findings across more than 390 Bitcoin-related open-source repositories. Of those, 85 were flagged as critical and 635 as high-severity.
Hamilton had been experimenting with AI-assisted code analysis on Bitcoin Core as early as May. The catalyst that turned a solo experiment into a coordinated campaign was a Coldcard hardware wallet vulnerability in July that led to the theft of over 1,000 BTC.
OpenAI pulls the plug, alternatives step in Around August 9, OpenAI blocked Hamilton from conducting further Bitcoin security analysis using its tools. The group pivoted to alternative AI systems, including Kimi K3, to continue their work.
The bottleneck isn’t finding bugs anymore Hamilton himself acknowledged a significant limitation of the AI-first approach: the downstream coordination with maintainers. Finding nearly 5,000 issues in 30 hours is impressive. Getting maintainers of hundreds of different repositories to review, triage, and patch those findings is an entirely different challenge.
The ratio tells the story. Nearly 5,000 findings in 30 hours of scanning, versus one merged commit after weeks of review.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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.
As the crypto tokens saw fresh rallies in August 2026, the ETF market was no exception. Carrying ahead this bullish sentiment. Spot Bitcoin [BTC] ETFs recorded $730.8 million in net inflows on the 3rd of September, the strongest single-day inflow since the 14th of January.
On this day, BlackRock’s IBIT alone absorbed about $454 million, followed by ARK 21Shares’ ARKB at about $137.7 million and Fidelity’s FBTC at $74.4 million. There were smaller inflows into several other funds, while VanEck and WisdomTree saw modest outflows.
Is 2026 September slightly different from previous years? Well, the month of September, which has historically been known to be unlucky for the crypto market, especially Bitcoin, has so far favored BTC.
Source: SoSo Value It was only on the 1st of September that BTC ETFs saw approximately $236.5 million of net outflows. On 2nd September, however, things changed as the ETFs recorded $101 million of inflows and then the huge $730.8 million inflow on 3rd September.
On 4th September, too, the ETFs added another $174.6 million, bringing the four-day period to approximately $770 million of net inflows despite the large 1st September withdrawal.
What’s behind this huge single-day influx? Here, the biggest catalyst appears to be the changing macroeconomic environment, particularly expectations around U.S. monetary policy.
For context, on 3rd September itself, Federal Reserve Governor Christopher Waller made comments that markets interpreted as dovish.
He said,
I would be inclined to support holding the target for the federal funds rate at its current setting.
At the same time, the price of Bitcoin faced a major surge. However, here’s an interesting catch, and that is the $80k price level needs to now become the new support line instead of resistance.
Though the RSI is currently sitting above the neutral zone, confirming the bullish sentiment, the widening Bollinger Bands confirm that volatility is still ripe.
Source: Trading View This was further confirmed by a recent analysis by MSB Intel, which highlighted that Bitcoin has historically spent very little time trading above $70,000.
According to AMBCrypto’s previous report, Bitcoin has 4,364 days of recorded daily closing prices, and in this, only 12.7% of those closes were above $70,000. In fact at press time, BTC was trading at $79,622.23 after a drop of 2.1% in the past 24 hours.
Are altcoin ETFs following Bitcoin ETFs’ footsteps? On the other hand, Ethereum [ETH] ETFs also exhibited a somewhat similar pattern to BTC ETFs. According to Farside Investors data, on 1st September, ETH ETFs recorded a modest $8.6 million net inflow, but flows turned negative on 2nd September, with $48.2 million in net outflows.
Source: Farside Investors However, buying returned strongly on 3rd September, when Ethereum ETFs attracted $141.4 million, the strongest day in this period. In fact, on 4th September, though the incoming money was considerably less, i.e., $25.9 million, the ETH ETFs still managed to continue their inflow streak.
Other altcoins also saw inflows, with Solana [SOL] ETFs seeing mixed sentiments.
Source: SoSo Value All this happened at the heels of Hashdex’s NCIQ ETF adding HYPE with a 3.4% allocation worth about $14.7 million, creating a new source of institutional demand.
Final Summary Despite strong inflows, Bitcoin ETFs are unable to buoy the BTC price surge above $80k. Other ETFs are also exhibiting a similar pattern to BTC ETFs with a few exceptions here and there.
According to Lookonchain’s monitoring, seven miner addresses dormant for 16.5 years transferred 350 Bitcoin roughly six hours ago, valued at approximately $28 million. The miners obtained the 350 BTC through mining in March 2010.
Long-term Bitcoin holders, often referred to as “OGs,” have sharply increased their transaction activity since May, with data showing the 90-day average of coins moved from wallets dormant for over five years now reaching 1,500 BTC. This trend comes as Bitcoin’s price trades in a tight range near $80,000, showing little momentum to break above this threshold.
Bitcoin OG transaction activity jumpsAccording to new research from CryptoQuant’s analyst Darkfost, veteran Bitcoin holders more than doubled their average spending activity compared to June, when the measure dropped to 962 BTC—its lowest in almost two years. This was also the first time since November 2024 that the figure fell below 1,000 BTC.
The 90-day moving average is used for this metric instead of daily readings, helping to reduce noise from large, individual transactions and giving a clearer view of shifts within the longstanding holder group.
Darkfost noted that “OG Bitcoin holder activity has intensified during this consolidation phase. The 90-day moving average of spent UTXOs from holders who have held BTC for more than five years just climbed to 1,500 BTC.”
Bitcoin traded at $79,901 at the time of reporting, up about 0.33% in the previous 24 hours, but continued to experience sharp swings between $78,723 and $81,370. The price remained pinned below $80,000 despite this increased on-chain activity.
Understanding OG movements and wallet transfersWhile increased wallet usage by veteran holders often raises concerns around potential selling pressure, analysts caution against assuming all such movements are sales. Some transactions may represent shifting assets to more secure storage following security incidents, rather than liquidations.
A spent UTXO means a previously unspent output is used as an input in a new transaction. Bitcoin tracks transfers based on UTXO movements, rather than conventional account balances.
Address labels can indicate whether coins are flowing to exchanges, custodians, or self-custody. Even so, deposits to exchanges don’t guarantee that sales occur, as some activity may simply reflect internal restructuring or improved storage security.
Recent blockchain data shows that, over a 10-day period in August, six ancient wallets moved 553.59 BTC valued at $40.15 million. These wallets had not been active in 12 to 15 years prior to these transactions.
Five of these wallets transferred funds to unknown private wallets, while one sent 40 BTC to Boerse Stuttgart Digital, a company providing digital asset custody and trading services, making the nature of the transfer—sale, custody change, or restructuring—uncertain.
Boerse Stuttgart Digital is a German institution specializing in secure crypto custody and trading infrastructure for institutional and retail investors.
Mini dictionary: Boerse Stuttgart Digital, a digital asset division of Boerse Stuttgart Group, offers regulated custody and trading services for cryptocurrencies, catering mainly to the European market.
Impact of Coldcard security issuesA major driver behind recent dormant wallet transfers was the Coldcard hardware wallet security breach. The device suffered a vulnerability that potentially exposed the seed phrases of affected wallets, putting user holdings at risk.
Following the issue, at least 28 wallets dormant since 2014 moved a total of 1,314.41 BTC on August 20, with over 1,200 BTC traced to 2014-era wallets. Owners responded to security advice by generating new seeds and moving coins, sometimes even after security software updates failed to resolve all problems.
Coldcard is a Bitcoin-focused hardware wallet brand, popular for its advanced security features targeting long-term holders.
Mini dictionary: Coldcard, a hardware wallet for Bitcoin, allows users to store their private keys securely offline, but flaws in firmware can jeopardize stored funds, as recently seen with seed phrase vulnerabilities.
Network activity rises amid price stagnationK33 Research estimates that almost 890,000 BTC changed hands during a seven-day period in early August, marking the highest weekly active supply level so far in 2026. This surge in activity occurred even as Bitcoin traded within one of its narrowest 30-day price ranges since 2023.
PeriodActive SupplyPrice RangeOG Holder Spent OutputEarly August 2026 (7 days)890,000 BTC$78,723–$81,3701,500 BTC (90-day avg)June 24, 2026Not statedNot stated962 BTC (90-day avg)This uptick in supply movement did not coincide with a decisive price rally, reflecting how on-chain signals can sometimes differ from market trends.
Galaxy Research reported that 1,596 BTC had been stolen in three major crypto theft waves as of August 5, involving around 7,300 affected addresses. The group estimated that total losses could rise to 2,055 BTC if a suspected fourth wave is confirmed, representing a value of approximately $130 million at the time. Despite these high-profile raids, nearly 90% of the stolen funds remained dormant on the blockchain.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin’s correlation with gold has reached a nearly six-year high, while its correlation with the Nasdaq has dropped to a one-year low, according to recent data shared by WuBlockchain. This shift in correlation patterns may indicate a change in Bitcoin’s role as a financial asset, suggesting it is being perceived more as a hard-asset hedge similar to gold, rather than a tech-equity proxy. The 90-day correlation with gold now exceeds 50%, while the Nasdaq correlation stands at about 33%. This development occurs as investors reassess Bitcoin’s relative value amid broader market dynamics.
Key Takeaways The increased correlation between Bitcoin and gold appears to suggest a shift in investor sentiment towards viewing Bitcoin as a safe-haven asset. The reduction in Bitcoin’s correlation with the Nasdaq indicates a potential divergence from tech-equity trends. Market data reflects these shifts, with Bitcoin seemingly aligning more closely with traditional hard assets like gold. What to Watch Analysts will be closely monitoring further data releases and market reactions to these correlation shifts. Key indicators include central bank gold purchases, geopolitical tensions, and economic data releases such as the U.S. CPI figures. Should these factors align with scenarios supporting a rise in gold prices, market participants could see a continued increase in Bitcoin’s correlation with gold. Conversely, stabilizing tech markets could see Bitcoin’s correlation with the Nasdaq rebound. Such dynamics will be pivotal in shaping future asset allocation strategies.
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Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The token issued by Pons has accounted for 73.5% of the total trading volume across all of Robinhood’s issuance platforms.
Robinhood’s token launch platform Pons stated in a post that its pace is not slowing. Over the past 24 hours, tokens issued on Pons accounted for 73.5% of the total trading volume across all of Robinhood’s launch platforms. Separately, Dune data shows that among other token launch platforms in the Robinhood ecosystem, noxa.fun holds an approximately 18.2% share, followed by long.xyz and pool.trade.
10 minutes ago
Grok Video Agent upgraded to version 1.5: Integrated with Image 2.0, multi-shot continuity enhanced
Beating AI News Flash: Grok Imagine’s video creation agent has been upgraded to version 1.5. This update is often confused with Grok Imagine Video 1.5, which launched in June. The June update revised the underlying video model, while this upgrade targets the agent layer. Grok Imagine Video 1.5 was officially released in June. The new agent version integrates the latest Image 2.0, with key improvements to generation quality, narrative coherence, and multi-shot continuity. Grok states that it excels at connecting multiple shots to ensure more consistent frames. It is now available on Grok’s web platform, iOS, and Android. In Arena’s Text-to-Video leaderboard, grok-imagine-video-1.5-agent currently ranks 5th with a score of 1491, outperforming Seedance 2.5, Seedance 2.0, and MiniMax H3. However, the result remains preliminary, and the ranking may change.
10 minutes ago
Ansem has been repeatedly pumping ZCAT, the meme token linked to ZEC's dividend, whose market cap has surged past $92 million to a new all-time high.
Crypto trader Ansem has been repeatedly hyping Solana-based meme token ZCAT (Anonymous Cat). He stated: "Some say if it’s on Solana, its market cap will never reach $100 million. Well, just keep watching. Let’s win." According to GMGN data, ZCAT’s market cap briefly exceeded $92 million, hitting a new all-time high, surging over 330% in 24 hours, with 24-hour trading volume standing at $3.6 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concepts, featuring an anonymous cat mascot wearing a brown paper bag on its head. It uses a ~3% transaction and transfer tax to purchase and airdrop bridged Zcash (ZEC) on Solana to its holders. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
10 minutes ago
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
10 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
10 minutes ago
Altcoins rally broadly, with Layer 2 (L2) and DeFi sectors surging sharply. ARB, RAY, and SUSHI – the direct beneficiaries of the Meme craze – lead the market’s gains.
According to HTX market data, altcoins are rallying broadly amid active trading on Robinhood, BNB Chain, and Solana. The L2, DeFi, and DEX sectors are seeing sharp gains, with L2 led by ARB, followed by OP, STRK, IMX, etc. DeFi and DEX tokens including RAY, ORCA, JUP, UNI, SUSHI, CAKE, CRV, SPK, LISTA, and ENA are all rising, as capital flows back to DeFi projects with real trading use cases and fee mechanisms. On BNB Chain, boosted by BNB breaking above $780, tokens like BOME, 1000CAT, MARSCOIN, and TUT are also climbing. Meanwhile, today’s Altcoin Season Index has risen to 40, meaning roughly 40 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the past 90 days, and total altcoin market cap has hit $1.10 trillion. Top gainers: ARB up over 51% in 24 hours, trading at $0.1997. Robinhood Chain, an Ethereum L2 built on Arbitrum Orbit, allocates 10% of its net protocol revenue to the Arbitrum ecosystem—8% to the DAO treasury and 2% to development funds. RAY up over 42% in 24 hours, trading at $1.177. Solana-based token launch platform StonkFun announced it has integrated with Raydium LaunchLab. Going forward, all new StonkFun token deployments will launch via LaunchLab to cut costs, reduce front-running risks, and enable auto-compounding liquidity post-binding. SUSHI up over 24% in 24 hours, trading at $0.2385. SushiSwap has integrated its DEX and launchpad into Robinhood Chain, allowing new tokens to pair with tokenized stocks and launch with an existing Sushi V3 pool. SushiSwap Launch V2 is set to launch around September 4, with SUSHI serving as the launchpad’s quote asset. Other notable 24-hour gains: BOME, IOST, 1000CAT up over 20%; COTI, TUT, CAKE, SPK, UNI, STRK, MET, ORCA up over 10%; CRV, ENA, IMX, JUP, LISTA also posting solid increases.
Bitcoin [BTC] has been on the higher side over the past couple of days, with the asset teasing a potential move past the $80,000 region on the chart.
The case is that the price continues to hover around this region with no definitive push. What market participants do at this level remains crucial to understanding Bitcoin’s next move, but for now, there is no definitive direction.
OG Bitcoin holders sell their bags Data from CryptoQuant tracking Bitcoin OG Spent Transaction Outputs (STXO) using the 90-day moving average has significantly spiked, reaching 1,500 Bitcoin.
Bitcoin OGs are holders who have kept their assets for more than five years. When they spend their Bitcoin, it often indicates a shift in sentiment, as seen recently.
These OGs have moved their Bitcoin, which could indicate selling pressure and suggest that their conviction has weakened, especially as BTC reaches new local highs.
Source: CryptoQuant Pseudonymous senior market analyst Darkfost described the influencing factor behind the recent rally, saying:
“This consolidation period seems to have introduced some doubt across nearly every type of investor, even the most seasoned ones like the OGs.”
Other factors could have also played a role in the move, including the recent Coldcard hack that has driven investors to switch private wallets.
What’s happening on a small scale AMBCrypto’s look at Long-Term Holders (LTH), a group of investors who hold an asset for at least 155 days, gives a more detailed insight. The analysis was based on the LTH Binary Coin Days Destroyed (CDD) to track whether dormant tokens have moved or not.
Notably, a majority of the sell pressure that came into the market, using a 7-day simple moving average, came between August 19 and 25, a move that likely reflected when the majority of these LTHs sold.
Source: CryptoQuant However, since its peak on the 25th of August, the LTH Binary CDD has dropped from a high of 0.85 to the present level of 0.14.
This decline suggests that there is growing calm among these holders, as they have been moving fewer of their tokens over the past few weeks.
The Spot market is holding Over the past few days, there has been growing accumulation across the spot market, showing that there has been major buying of the asset.
The Spot netflow hit -$252.40 million on the 4th of September following $2.81 billion in accumulation of the asset in the market. Although, the netflow has dropped significantly to around -$4.03 million as of midday on the 5th of September.
Source: CoinGlass For now, there is growing accumulation in the market, and if it continues this way, it can help sustain Bitcoin.
Final Summary Bitcoin OG holders have increased spending activity, suggesting some long-term investors may be taking profits. Spot market accumulation remains strong, while lower LTH movement points to reduced selling pressure.
Hargreaves Lansdown, the UK’s largest retail investment platform, has opened crypto ETN trading to eligible investors, adding Bitcoin and Ethereum-linked exchange-traded notes to a platform used by millions of retail savers. The move, which took effect in early September 2026, comes nearly a year after the Financial Conduct Authority lifted its ban on retail crypto ETNs and roughly eleven months after the firm first signalled plans to enter the market. For Hargreaves Lansdown, the launch marks a significant step beyond its traditional funds, shares and pensions business into digital-asset exposure delivered through regulated stock-exchange instruments.
How the Crypto ETN Offering Works Unlike buying cryptocurrency directly, investors on the platform hold listed instruments that track the price of bitcoin or ether without needing a crypto wallet or private keys. The underlying assets are held by a regulated custodian, and the notes trade like ordinary shares on the London Stock Exchange. Access is not universal: Hargreaves Lansdown restricts the product to certified high-net-worth individuals and restricted investors who intend to commit less than 10% of their net assets, and every buyer must first pass an appropriateness assessment. An FCA-required 24-hour cooling-off period also applies before any trade can be completed.
From Caution to Adoption The launch reverses a long-running cautionary stance. The platform had previously steered clients away from direct crypto exposure, but the regulator’s decision to permit crypto ETNs for professional and eligible investors cleared a path for established brokers to participate. Hargreaves Lansdown is not alone in treating these products as a bridge: 21Shares earlier brought the first crypto ETNs to the London Stock Exchange, laying the groundwork for mainstream platforms to follow. The firm’s own materials emphasise the risks, warning that the notes are not covered by the Financial Services Compensation Scheme and that investors should be prepared to lose all of their money.
What It Signals for UK Crypto Access For British investors, the launch is the latest sign that regulated crypto exposure is moving from specialist exchanges toward familiar investment platforms. It follows broader efforts to give UK savers a compliant route into digital assets, even as policymakers continue to shape a new UK crypto framework and tax reporting requirements tighten. By making crypto ETNs available alongside its conventional offerings, Hargreaves Lansdown is betting that a custodial, stock-market wrapper will appeal to investors who want price exposure without the operational burden of managing keys.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Ansem has been repeatedly pumping ZCAT, the meme token linked to ZEC's dividend, whose market cap has surged past $92 million to a new all-time high.
Crypto trader Ansem has been repeatedly hyping Solana-based meme token ZCAT (Anonymous Cat). He stated: "Some say if it’s on Solana, its market cap will never reach $100 million. Well, just keep watching. Let’s win." According to GMGN data, ZCAT’s market cap briefly exceeded $92 million, hitting a new all-time high, surging over 330% in 24 hours, with 24-hour trading volume standing at $3.6 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concepts, featuring an anonymous cat mascot wearing a brown paper bag on its head. It uses a ~3% transaction and transfer tax to purchase and airdrop bridged Zcash (ZEC) on Solana to its holders. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
34 minutes ago
Cathie Wood: Bitcoin is gradually decoupling from gold's price trend.
ARK Invest founder Cathie Wood (affectionately known as "Woodie" in financial circles) noted that August non-farm payroll data shows the U.S. economy remains highly resilient. Markets may interpret the strong jobs figures as a sign of rising inflationary pressure, leading to further bets on the Federal Reserve tightening policy, but they are overlooking more critical shifts. While the U.S. headline inflation rate still stands at 3.7%, other inflation metrics are closer to the 2% target, and oil prices could even fall to around $30 per barrel. U.S. stocks continue hitting record highs amid rising interest rates, corporate capital spending has broken through a growth bottleneck that has persisted for over two decades, and Bitcoin is gradually decoupling from gold’s price trends. These phenomena are not mutually independent. As more companies adopt artificial intelligence, AI-related firms are creating jobs at a faster pace, and technological advances could simultaneously boost productivity and reduce costs. These signals point to stronger real economic growth and the emergence of powerful "tech-driven deflation." Current markets are still pricing based on traditional economic models, but a new economic system driven by AI and emerging technologies is taking shape rapidly.
34 minutes ago
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
34 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
34 minutes ago
Altcoins rally broadly, with Layer 2 (L2) and DeFi sectors surging sharply. ARB, RAY, and SUSHI – the direct beneficiaries of the Meme craze – lead the market’s gains.
According to HTX market data, altcoins are rallying broadly amid active trading on Robinhood, BNB Chain, and Solana. The L2, DeFi, and DEX sectors are seeing sharp gains, with L2 led by ARB, followed by OP, STRK, IMX, etc. DeFi and DEX tokens including RAY, ORCA, JUP, UNI, SUSHI, CAKE, CRV, SPK, LISTA, and ENA are all rising, as capital flows back to DeFi projects with real trading use cases and fee mechanisms. On BNB Chain, boosted by BNB breaking above $780, tokens like BOME, 1000CAT, MARSCOIN, and TUT are also climbing. Meanwhile, today’s Altcoin Season Index has risen to 40, meaning roughly 40 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the past 90 days, and total altcoin market cap has hit $1.10 trillion. Top gainers: ARB up over 51% in 24 hours, trading at $0.1997. Robinhood Chain, an Ethereum L2 built on Arbitrum Orbit, allocates 10% of its net protocol revenue to the Arbitrum ecosystem—8% to the DAO treasury and 2% to development funds. RAY up over 42% in 24 hours, trading at $1.177. Solana-based token launch platform StonkFun announced it has integrated with Raydium LaunchLab. Going forward, all new StonkFun token deployments will launch via LaunchLab to cut costs, reduce front-running risks, and enable auto-compounding liquidity post-binding. SUSHI up over 24% in 24 hours, trading at $0.2385. SushiSwap has integrated its DEX and launchpad into Robinhood Chain, allowing new tokens to pair with tokenized stocks and launch with an existing Sushi V3 pool. SushiSwap Launch V2 is set to launch around September 4, with SUSHI serving as the launchpad’s quote asset. Other notable 24-hour gains: BOME, IOST, 1000CAT up over 20%; COTI, TUT, CAKE, SPK, UNI, STRK, MET, ORCA up over 10%; CRV, ENA, IMX, JUP, LISTA also posting solid increases.
34 minutes ago
StonkFun completes a $1 million buyback of STONK tokens; its platform token STONK surpasses $100 million in market cap today.
Solana-based token launch platform StonkFun announced it has completed a $1 million STONK token buyback, while over $7.5 million in rewards have been distributed to holders in the StonkFun ecosystem. StonkFun also announced it has launched on Raydium LaunchLab. Going forward, all new StonkFun token deployments will be initiated via LaunchLab to lower deployment costs, reduce sniper risks, and enable automatic liquidity compounding after binding is completed. According to GMGN market data, StonkFun’s platform token STONK surpassed $100 million in market cap today, currently trading at $92 million, with a 256% 24-hour gain and $30.4 million in trading volume over the same period. BlockBeats reminds users that related token prices are highly volatile, so investors should exercise caution.
TLDR: Bitcoin’s 90-day correlation with gold reached +0.50, more than doubling from early 2026 levels. Bitcoin’s Nasdaq 100 correlation fell to about 0.30, marking its lowest level in one year. The correlation surge accelerated after Treasury debt buybacks doubled to at least $4 billion. Gold and Bitcoin are drawing attention as scarce assets amid currency and fiscal concerns. Bitcoin and gold are moving closer together as investors shift toward scarce assets amid growing fiscal and currency concerns. The 90-day correlation between Bitcoin and gold has reached +0.50, more than doubling since the start of 2026.
At the same time, Bitcoin’s correlation with the Nasdaq 100 has fallen to about 0.30, marking a one-year low. The divergence signals a sharp change in how BTC has traded alongside traditional markets this year.
The Kobeissi Letter reported that Bitcoin’s 90-day correlation with gold now stands at +0.50. The figure nearly matches the record reached during the 2020 pandemic.
Bitcoin and gold are increasingly moving together:
The 90-day correlation between Bitcoin and gold prices is up to +0.50, almost matching the all-time high set during the 2020 pandemic.
This figure has more than doubled since the start of the year.
By comparison, following the… pic.twitter.com/9Ag9mP7pJV
— The Kobeissi Letter (@KobeissiLetter) September 5, 2026
The current reading has more than doubled from the start of 2026. After the 2022 bear market recovery, Bitcoin’s 90-day correlation with gold reached only +0.30.
Bitwise and Bloomberg data through August 31 also put the Bitcoin gold correlation at +0.50. The data shows the relationship has strengthened considerably in recent months.
The shift accelerated after the US Treasury announced changes to its long-dated debt buyback operations. On August 19, the Treasury said it would double buybacks from $2 billion to at least $4 billion per operation.
Bitcoin Correlation With Nasdaq Falls to One-Year Low Bitcoin’s relationship with the Nasdaq 100 has moved in the opposite direction. The 90-day correlation has declined to roughly 0.30, according to the Kobeissi Letter.
That marks Bitcoin’s lowest correlation with the Nasdaq 100 in one year. The divergence puts greater focus on BTC’s relationship with gold and other scarce assets.
Investors increasingly view both Bitcoin and gold as potential hedges against currency debasement. US debt has reached about $40 trillion, adding to concerns surrounding long-term fiscal pressures.
Gold has also attracted central-bank demand amid geopolitical uncertainty. The Netherlands, for example, moved 86 tonnes of gold to London, reflecting continued activity around the traditional reserve asset.
Crypto Tice separately argued that gold’s recent pause could precede greater attention toward Bitcoin. Its analysis points to previous periods when profits from gold shifted toward BTC after gold reached new highs.
Gold price Gold currently trades near $4,430 per ounce, while Bitcoin hovers around $81,000. The two assets now show a much closer 90-day price relationship than earlier this year.
Bitcoin remained largely unchanged amid the latest escalation in the U.S.-Iran war, with the U.S. striking three Iranian oil tankers in retaliation for earlier attacks on its warships. However, BTC faces a huge and potentially volatile week ahead with the release of the latest inflation readings.
Bitcoin Holds Steady Amid Latest U.S.-Iran Attacks In an X post, the U.S. Central Command (CENTCOM) revealed that its forces struck three Iranian oil tankers after Iran launched missiles at two U.S. Navy warships. “Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher economic cost —taking out three of yours,” CENTCOM commander Adm. Brad Cooper said.
Bitcoin held steady amid these latest attacks, trading just below the psychological $80,000 level. BTC is trading at around $79,800, up less than 1% on the day, according to TradingView data.
Source: TradingView; Bitcoin daily chart Bitcoin had tumbled yesterday following the release of the August U.S. jobs report, which came in way stronger than expected. This boosted bets of a potential Fed rate hike, which could happen as soon as this month’s FOMC meeting.
Fed Governor Chris Waller eased concerns about a September rate hike earlier in the week, saying he was leaning toward holding rates unchanged. However, he noted that the upcoming August inflation readings could sway his decision.
All Eyes On Next Week’s CPI and PPI Data The market is focused on the release of the August CPI and PPI data next week, which could spark significant volatility for Bitcoin and the broader crypto market. Waller mentioned that a hot inflation reading could prompt him to consider a hike.
Meanwhile, other Fed officials such as Fed President Beth Hammack have also raised concerns about rising inflation, signaling their readiness to back a hike. Fed Chair Kevin Warsh, in his Jackson Hole speech, vowed that they are ready to do what they must do if inflation doesn’t show signs of slowing.
Ahead of the CPI and PPI release, crypto traders are almost evenly split on whether the Fed will hold or hike rates at the September FOMC meeting. Data from the top crypto prediction market platform Polymarket shows a 51% chance that they will hold rates steady and a 50% chance they will hike rates.
According to analysts, there are two scenarios for Bitcoin's price, which has recently surged, to remain permanently above $80,000.
CoinShares stated that Bitcoin has exhibited increasingly gold-like price behavior over the past two weeks, and renewed concerns about the US fiscal sustainability have supported the rise in BTC. According to the company, the US Treasury Department’s purchases of long-term government bonds and concerns about public debt have been instrumental in Bitcoin’s rise from lows of $60,000 to $80,100.
However, CoinShares added that the main constraint on Bitcoin’s rise remains the Fed’s monetary policy. The company assessed that for Bitcoin to achieve a sustained breakout above $80,000, one of two main scenarios might need to materialize.
In the first scenario, a resolution to the conflict with Iran would lead to a decline in oil prices and, consequently, inflation expectations. Such a development could reduce inflationary pressure on the Fed, creating a more supportive environment for risky assets.
The second scenario involves a further weakening of confidence in US government debt. According to CoinShares, deepening concerns about the sustainability of the US debt could lead investors to turn to non-governmental stores of value such as Bitcoin and gold, potentially strengthening demand for BTC.
*This is not investment advice.
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Bitcoin remains locked in a post-breakout consolidation phase, but the latest rejection from the upper end of the structure shows that buyers are still struggling to generate sustained momentum above $80K. The broader trend remains constructive, although the current range leaves BTC vulnerable to further liquidity-driven swings before its next directional move.
Bitcoin Price Analysis: The Daily Chart Bitcoin’s daily structure remains significantly stronger than it was before the August breakout. The asset is holding well above the former $72K-$74.5K resistance zone and both moving averages, preserving the broader bullish shift despite the recent loss of momentum.
However, BTC has repeatedly encountered selling pressure inside the $80.5K-$82.5K resistance zone. The latest attempt briefly pushed toward $82K before being rejected, sending the price back below $80K. This inability to establish acceptance above the resistance area suggests that supply remains active at higher prices.
At the same time, the asset continues to trade within a gradually ascending channel. Its lower boundary currently sits around the $76K-$77K region, making this the most important nearby structural support. As long as BTC remains above this area, the ongoing price action can still be interpreted as consolidation following the sharp rally rather than a confirmed bearish reversal.
A decisive breakout above the $80.5K-$82.5K zone would strengthen the continuation scenario. Conversely, losing the channel support around $76K-$77K could trigger a more substantial correction, with the former $72K-$74.5K breakout zone becoming the next major area of interest.
BTC/USDT 4-Hour Chart The 4-hour chart highlights the market’s current indecision more clearly. BTC rallied from the lower boundary of the ascending structure near $76.5K-$77K and quickly tested the $81K-$82K area, only for sellers to reject the move once again.
Price subsequently dropped toward $79.5K and has entered a tight short-term consolidation. This creates a notable contrast between the rising channel structure and the repeated failures near its upper boundary. Buyers are still defending higher lows, but they have yet to demonstrate enough momentum to convert the $80.5K-$82.5K supply area into support.
The $76.5K-$77.5K region therefore remains crucial. Another test of this zone could determine whether the ascending structure survives. A strong reaction would keep a renewed push toward $81K-$82K in play, whereas a breakdown would indicate that the consolidation is transitioning into a deeper corrective phase.
Sentiment Analysis The one-week BTC liquidation heatmap shows substantial liquidity on both sides of the current price, which supports the possibility of continued choppy trading and liquidity sweeps.
Above the market, notable liquidation concentrations appear around $81K-$82K and extend toward approximately $84K. These clusters could attract price if buyers regain momentum.
However, the downside liquidity is particularly relevant following the latest rejection. A broad and comparatively dense concentration is visible below the market, especially around the $76K-$78K region. This aligns closely with the lower boundary of the ascending technical structure.
As a result, a downside liquidity sweep toward $76K-$78K remains a plausible near-term scenario before another recovery attempt. Such a move would not automatically invalidate the broader bullish setup, but a sustained breakdown beneath this region would increase the probability of a deeper retracement toward the $72K-$74.5K support zone.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
BTC's major rally allowed many investors to dispose of their assets. What's next for its price?
CryptoQuant data shows that bitcoin investors started realizing major profits after the explosive August rally, disposing of roughly 110,000 BTC in just a few weeks.
Such highly concentrated profit-taking developments have historically been followed by substantial price correction for the underlying asset, the analysts warned. Moreover, several demand indicators have weakened, which could add to the selling pressure.
110K BTC Profit Taken The major run that began on August 19 at prices of under $65,000 drove the leading cryptocurrency to almost $80,000 in just two days. According to CQ’s latest weekly report, holders realized net profits of 23,000 BTC on that day alone (August 21), which became the largest single-day profit realization this year.
The asset indeed dipped in the following days as it felt almost inevitable after such a gigantic jump, but went on the offensive once again in the following week or so. It rocketed past $82,000 on Friday before it was rejected following the US jobs report, and now sits below $80,000.
The report described the major profit-taking as a classic characteristic of a bullish cooldown, but warned that if they continue at such a rapid pace, the asset’s price could be primed for another correction. Historical occurrences have shown that BTC tends to dump hard after a major rally if investors are not convinced about its potential.
“It is a hallmark of a bullish cooldown: bullish because it happens into strength, cautionary because concentrated realization can cap near-term upside,” reads the report.
Bitcoin Profit Taking. Source: CryptoQuant Cooling Demand CryptoQuant outlined another reason why BTC could be primed for a more profound correction, even though it already slipped from $82,400 to $79,600. Its apparent spot demand briefly expanded by 43,000 units, marking its fastest growth pace of the year. However, that metric has lost its momentum and is now back in contraction.
US investors’ demand has weakened as well. The most used metric for this, the Coinbase Premium, measuring the price difference between the asset on the leading US exchange and other trading platforms, has returned to slightly negative territory at -0.05.
You may also like: Bitcoin’s $3K Drop Comes as Fed Rate Hike Bets Surge, but Analyst Remains Bullish Bitcoin Is Back Above $80,000, But Fidelity Says the Bear Market May Not Be Over Yet Bitcoin ETF Inflows Exceed $700M as Historical Pattern Points to BTC Local Top The analysts said similar periods of soft US spot demand have capped the cryptocurrency’s rallies three other times this year alone.
Nevertheless, the short-term picture does not necessarily mean that BTC’s run is over and that it will return to a bearish phase. The Bull Score currently stands at 70, which is above the 60 threshold historically associated with sustainable bull markets.
” This keeps the broader picture constructive: Bitcoin remains in the early phase of a new bull market even as short-term momentum cools. The “official” bull market begins once price closes above its 365-day moving average,” they added, outlining that this key MA is located at around $83,000 – the level that stopped BTC in May.
In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying "Noah Doe" lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research's blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
Myriad: Bitcoin's next price move? Click to make your prediction.The largest, holding 146.06 BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in BTC into more than $3 million—by sitting on it for close to 15 years.
Two smaller wallets rounded out the batch: 10 BTC untouched since June 2011, worth about $777,000, and 6.78 BTC last active in February 2011, valued near $551,000. The oldest coins carried astronomical paper gains, with the 2011-era holdings up more than 2,000% and, in one case, over 500,000% from their original cost.
The follow-up flurry extends a trend that’s sped up during the summer. Recent data from Galaxy chart shows Bitcoin's oldest cohort, coins untouched for a decade or more, stirring at a pace rarely seen in 2026. An earlier wave saw six wallets move roughly $40 million in a single 10-day stretch in August.
Most such movements leave the coins' fate ambiguous, since a transfer alone doesn't reveal whether an owner is selling, consolidating or shifting to new custody. This time, one wallet offered a clearer signal.
Galaxy tagged the 6.78 BTC transfer with a recipient attribution of Coinbase, indicating the decade-old coins were sent to the exchange, a move typically associated with an intent to sell rather than simply relocate funds.
Several of the reawakened wallets also carried "Noah Doe" sender tags, a reference to the New York lawsuit seeking to have thousands of dormant addresses declared abandoned property. Named wallets tied to that case have been stirring regularly since a judge paused the proceedings in June.
Why so many vintage holders are moving now remains unclear, but each awakening revives questions about long-lost supply returning to circulation.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying "Noah Doe" lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research's blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
Myriad: Bitcoin's next price move? Click to make your prediction.The largest, holding 146.06 BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in BTC into more than $3 million—by sitting on it for close to 15 years.
Two smaller wallets rounded out the batch: 10 BTC untouched since June 2011, worth about $777,000, and 6.78 BTC last active in February 2011, valued near $551,000. The oldest coins carried astronomical paper gains, with the 2011-era holdings up more than 2,000% and, in one case, over 500,000% from their original cost.
The follow-up flurry extends a trend that’s sped up during the summer. Recent data from Galaxy chart shows Bitcoin's oldest cohort, coins untouched for a decade or more, stirring at a pace rarely seen in 2026. An earlier wave saw six wallets move roughly $40 million in a single 10-day stretch in August.
Most such movements leave the coins' fate ambiguous, since a transfer alone doesn't reveal whether an owner is selling, consolidating or shifting to new custody. This time, one wallet offered a clearer signal.
Galaxy tagged the 6.78 BTC transfer with a recipient attribution of Coinbase, indicating the decade-old coins were sent to the exchange, a move typically associated with an intent to sell rather than simply relocate funds.
Several of the reawakened wallets also carried "Noah Doe" sender tags, a reference to the New York lawsuit seeking to have thousands of dormant addresses declared abandoned property. Named wallets tied to that case have been stirring regularly since a judge paused the proceedings in June.
Why so many vintage holders are moving now remains unclear, but each awakening revives questions about long-lost supply returning to circulation.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Someone bought 40 Bitcoin for about $120 back in November 2011. Then they did absolutely nothing for nearly 15 years. That patience, whether intentional or accidental, just paid off to the tune of $3.09 million.
The wallet, dormant since November 5, 2011, moved its entire balance on September 3, 2026, in a transaction recorded at block 965330. At the time of the original purchase, Bitcoin traded at roughly $3 per coin. The realized gain works out to more than 2,571,899%.
The ultimate hodl, and its legal complications This isn’t just a feel-good story about diamond hands. The address behind the transfer has been identified as “Noah Doe #38097,” a designation tied to a sprawling class-action lawsuit filed in New York.
That lawsuit targets 39,069 dormant Bitcoin addresses in an attempt to reclaim roughly 3.7 to 3.8 million BTC. At current prices, that stash could be worth up to $293 billion. The legal theory rests on a straightforward premise: if wallets haven’t moved in over a decade, the Bitcoin inside them has effectively been abandoned and should be subject to claims.
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The September 3 transaction is exactly the kind of event that undermines abandonment arguments. If the original owner still controls their private keys and can move funds at will, calling those assets “abandoned” becomes a much harder sell in court.
Galaxy Research flagged the transaction, noting the staggering percentage gain and its implications for the ongoing litigation. The receiving address, notably, has not been linked to any exchanges or known custodians, suggesting the owner moved their Bitcoin to another personal wallet rather than cashing out.
A pattern, not an anomaly This wallet isn’t an isolated case. Throughout August 2026, multiple wallets from the same 2011 vintage began showing signs of life after years of inactivity.
On August 6, 2026, another long-dormant wallet transferred 49.97 BTC worth approximately $3.2 million. That transaction followed a similar pattern: coins acquired cheaply over a decade ago, sitting untouched through multiple bull and bear cycles, then suddenly on the move.
Each activation weakens the plaintiff’s case by shrinking the pool of addresses that can plausibly be called abandoned.
What $293 billion in legal limbo means for markets If 3.7 to 3.8 million BTC were somehow released back into circulation through a court order, that would represent a supply shock unlike anything the market has ever seen. For context, Bitcoin’s total circulating supply is around 19.7 million coins. Unlocking that much dormant supply would increase liquid Bitcoin by nearly 20%.
Regulatory bodies are likely watching these proceedings closely. A ruling that dormant crypto can be reclaimed could open the door to escheatment laws, the same rules that let states seize forgotten bank accounts and unclaimed property, being applied to digital assets. Several US states have already begun exploring how existing unclaimed-property statutes might cover cryptocurrency, and a high-profile court case could accelerate that process considerably.
For the anonymous owner of “Noah Doe #38097,” the calculus is simpler. They turned three twenties and change into a small fortune by doing literally nothing.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A fresh wave of long-dormant Bitcoin wallets reawakened between August 29 and September 4, transferring a combined 202.84 BTC, valued at approximately $15.73 million. Blockchain analytics firm Galaxy Research tracked the movements, noting that these wallets had been inactive for many years, with some coins not moved since as far back as 2011.
Ancient Wallets Move After Years of InactivityAmong the oldest wallets was a particularly notable wallet holding 146.06 BTC, equivalent to roughly $11.31 million. This stash had remained untouched since November 2013, achieving a remarkable gain of nearly 12,902% from an estimated acquisition price of $595 per bitcoin.
Another significant transaction involved a wallet containing 40 BTC, dormant since November 2011. The wallet’s value reached approximately $3.09 million, with the original investment believed to be around $120. The gain on this holding stood at an extraordinary 2,571,899% over nearly 15 years.
Two smaller wallets contributed to the total. One contained 10 BTC, not moved since June 2011 and now worth about $777,000. The oldest in this batch held 6.78 BTC, previously untouched since February 2011 and now valued at approximately $551,000. Wallets from the 2011 era in particular demonstrated stratospheric percentage gains from their modest initial investment.
Summer 2026 Sees Spike in Old Coin MovementsThe recent transactions are part of a broader pattern that has accelerated through the summer months. According to Galaxy Research, activity among Bitcoin addresses with ten years or more of dormancy has risen to levels rarely seen in 2026. In August, a previous series of transfers involved six ancient wallets moving a collective total of nearly $40 million within a 10-day period.
Most movements of dormant Bitcoin leave it unclear whether the original holders are selling, consolidating, or simply moving the funds for security reasons. This time, one transaction to Coinbase stands out as a likely attempt to liquidate some coins. Of the four wallets, the 6.78 BTC transfer was tagged with a Coinbase recipient, a signal that the funds were probably moved to the exchange for sale.
Mini dictionary: Galaxy Research is a digital asset and blockchain analytics provider operated by Galaxy, a global financial services firm focused on digital assets, which conducts research into cryptocurrency markets and on-chain activity.
Wallet Dormancy PeriodBTC MovedCurrent ValueOriginal Acquisition PriceApproximate Percentage GainSince Nov. 2013146.06 BTC$11.31 million~$59512,902%Since Nov. 201140 BTC$3.09 million~$32,571,899%Since June 201110 BTC$777,000n/a2,000%+Since Feb. 20116.78 BTC$551,000n/a500,000%+Lawsuit-Tied Wallets and Unclear MotivationsSeveral of the recently active wallets have been linked to the “Noah Doe” lawsuit in New York, which seeks to categorize thousands of dormant Bitcoin addresses as abandoned property. Galaxy Research noted that activity associated with these lawsuits has risen since proceedings were paused in June, with more wallets connected to the case awakening.
Despite the frequency of these movements, the reasons why so many long-term holders are transferring their coins now remain unexplained. Each transfer prompts renewed speculation about how much of Bitcoin’s supply could be reintroduced into the market as dormant wallets awaken after years of inactivity.
Several of the long-dormant wallets moved significant amounts for the first time in over a decade, recording staggering percentage gains and highlighting the ongoing trend of old coins re-entering circulation in 2026.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin has surged from $8 in September 2011 to approximately $79,500 today, representing an almost 10,000-fold increase. This growth amounts to a total gain of around 998,000% over the past 15 years, with an estimated annualized return close to 85%.
Bitcoin’s 2011 volatility and early challengesFifteen years ago, buying Bitcoin at $8 did not seem like an obvious entry point into a winning investment. The digital asset had already undergone its first dramatic rally and subsequent collapse by that stage.
In June 2011, Bitcoin’s price soared to roughly $31.91, giving the network a market value near $206 million. Shortly after, the cryptocurrency experienced one of its earliest and most significant crashes, causing its price to tumble sharply.
That same summer, Mt. Gox, then the largest Bitcoin exchange, suffered a major security breach. An attacker accessed an administrator account and caused trades to drop to a fraction of a cent, revealing key vulnerabilities in the young crypto market.
By early September 2011, Bitcoin was trading at $7.97, roughly 75% below its June high. For those entering at $8, the asset already carried the scars of a recent crash and uncertainty about its long-term viability.
Buying Bitcoin for $8 at that time meant acquiring an asset that had already experienced a violent drawdown and was facing a highly uncertain future, rather than a new technology riding the crest of an early wave.
Network evolution and supply changesIn 2011, the structure of Bitcoin’s supply issuance was markedly different from today. Miners earned 50 BTC per mined block, and the network had not yet undergone its first halving.
Bitcoin’s first halving took place in November 2012, reducing the block reward to 25 BTC. Halvings in 2016, 2020, and 2024 lowered block rewards sequentially to 12.5 BTC, 6.25 BTC, and now 3.125 BTC. New Bitcoin issued per block has dropped by 93.75% since the era when BTC traded at $8.
The asset’s price transformation coincided with reduced issuance, periodic market cycles, and the increased involvement of institutional entities.
Mini dictionary: Halving, a pre-programmed event in Bitcoin’s code that reduces block rewards by half roughly every four years, slowing the rate at which new coins enter circulation and impacting supply dynamics.
Shift to major investment productsBack in 2011, Bitcoin trading was concentrated on small, often lightly regulated exchanges, many of which lacked robust infrastructure and faced significant operational risks. The risks were illustrated by incidents such as the Mt. Gox hack and subsequent failures of multiple platforms.
Today, the market has dramatically shifted toward institutional adoption. US spot Bitcoin exchange-traded funds (ETFs) currently hold about $103.34 billion in assets—equivalent to just over 6% of Bitcoin’s market capitalization. BlackRock’s IBIT manages over half of this total. Since their introduction in 2024, these funds have attracted approximately $55.4 billion in net inflows.
Spot Bitcoin ETFs recently recorded a daily inflow of $731 million, marking the largest single-day inflow since January. This demand reflects a fundamental change in the investor base, as market participation has shifted from early exchange-driven trade to institutional channels.
Year/EventBTC PriceBlock RewardBTC ETFs AUMSeptember 2011$850 BTCNone2024$79,5003.125 BTC$103.34 billionThroughout its evolution, Bitcoin has endured market cycles, supply reductions, exchange failures, and regulatory changes. Despite recurring setbacks, the asset now sees large-scale investment by major Wall Street institutions, standing as one of the most visible digital assets globally.
The famous $8 Bitcoin was already seen as distressed, coming after its first severe crash, highlighting the unpredictable and turbulent path to its present status.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Polygon CEO Marc Boiron says staff time off pains him. His post on X split the crypto industry within hours.
The Polygon Labs boss admitted he prefers speed over rest. Critics called that a fiat mindset, so Boiron answered with a lesson about Bitcoin culture.
Boiron wrote that he feels torn whenever staff step away from work. He genuinely wants people to relax with their families. However, he cannot stomach the thought of a rival moving faster.
I'm torn internally when people take time off. Is this normal?
On the one hand, I want people to relax, enjoy time with their families and take a break. I genuinely want it.
On the other hand, it pains me so much when I know we could move faster. I don't understand how you can…
— Marc | Polygon Labs (💜,⚔️, ※) (@0xMarcB) September 4, 2026 He wrote that time off “pains me so much” and conceded that he struggles to admit the preference. In the end, he prefers the pace over the pause.
The timing sharpened the reaction. Polygon Labs cut nearly 30% of its workforce in January. Then the company trimmed staff again in July while it pivoted toward stablecoin payments.
Both cuts followed a wider industry pivot toward revenue. Many readers therefore judged the post through that lens.
A Bitcoin supporter on X dismissed the stance as a fiat mindset. He also labeled Boiron a shitcoiner and told him to weigh what actually holds value.
Why He Answered With a Bitcoin LessonBoiron pushed back with a credential check. He said he worked as an investor, adviser and early lawyer for companies that Bitcoin maximalists admire. He also argued that he knows those founders better than his critics do.
“Before being a ‘shitcoiner’, I’ve been an investor, advisor and early lawyer for some of the most bitcoin maxi companies that bitcoiners love… They understand that bitcoin gets more valuable with time so getting more of it is actually more difficult with time,” Marc Boiron, CEO of Polygon Labs, on X
His argument rests on scarcity. Bitcoiners guard every coin, because each one gets harder to obtain over time. Therefore, he says, they maximize the hours they spend working on Bitcoin.
That reading of the culture remains contested. Maximalists split openly this year over Saylor’s first BTC sale, which exposed real disagreement on strategy.
Polygon Price Performance. Source: BeInCrypto MarketsPolygon itself has momentum to protect. POL, the native token of the network, trades near $0.095 and ranks 71st by market value. Its market cap sits just above $1 billion.
The token has added roughly 25% over the past month. However, the rally stalled after a peak near $0.125 in late August, and POL has drifted sideways since then.
Boiron shows no sign of softening either message. The harder question now sits inside Polygon Labs, not on X. Staff there decide whether the exchange reads as candor or as pressure.
American investors are rotating back into Bitcoin (CRYPTO: BTC) as US public debt surges and key artificial intelligence (AI) stocks like Nvidia (NASDAQ:NVDA) and Micron (NASDAQ:MU) waver. This rotation has fueled a sharp rise in ETF inflows and a comeback in Bitcoin’s price.
Bitcoin ETF Inflows are SoaringOne of the best measures to assess Bitcoin’s demand among investors is to look at the performance of ETFs. Data shows that inflows into these funds has continued soaring, with BlackRock’s IBIT being the top driver.
IBIT added over $117 million in inflows on Friday, bringing its total assets to over $62 billion. It is followed by Fidelity’s FBTC, which added $57 million in assets, and now has $14 billion in assets. In total, these funds have added $770 million in assets this month after adding $3.52 billion in August. They now hold $101 billion in assets under management.
The same growth is happening among Bitcoin treasury companies. Strategy (CRYPTO: MSTR) surprised investors by buying Bitcoin last week, bringing its total holdings to 845,050. Strive (NASDAQ:ASST), which is associated with Vivek Ramaswamy, has continued accumulating and now holds 23,156 coins.
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The ongoing Bitcoin demand has coincided with the rising jitters about the state of the American economy as the public debt surges. It crossed the $40 trillion mark recently, and this growth will continue amid a surge in deficits. As a result, bond yields have continued rising in the past few months.
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At the same time, the top AI companies that attracted attention among traders have started to waver. For example, in South Korea, one of the most active crypto trading countries, Samsung Electronics and SK Hynix stocks have dropped into a bear market. The same is happening in the US, where companies like Micron and SanDisk have retreated.
Bitcoin Price Has Encouraging TechnicalsTechnicals suggest that BTC price may have a strong bullish breakout in the near term. The spread of the 50-day and 200-day Exponential Moving Averages (EMA) has narrowed, suggesting that a golden cross pattern is about to form.
Bitcoin has formed a bullish flag pattern, which is made up of a vertical line and a horizontal channel. It is now in the flag section. The coin also remains above the Supertrend indicator.
Therefore, the most likely scenario is where Bitcoin stages a strong comeback, potentially to $90,000 followed by $100,000.
After a lot of objection, criticism, and denial, Wall Street is moving onto crypto rails.
According to Bloomberg, crypto exchanges are expanding beyond cryptocurrencies into round-the-clock markets for stocks and commodities. The huge increase in “perpetual futures” trading linked to stocks and commodities further confirmed this sentiment.
How did one month change things for good? In August, these contracts generated $778 billion in Trading Volume across major crypto venues. They represented 23.48% of all Perpetual Futures activity, compared with only 0.5% in November 2025.
At the same time, their centralized-exchange volume reached $665.42 billion in August, up from only $11.58 billion in January.
Source: CoinBureau The main reason behind this surge is that crypto platforms are attracting traditional-asset trading because perpetual futures offer 24/7 access. This makes stocks, ETFs, and commodities easier to trade through crypto infrastructure.
For instance, though the SpaceX-linked SPCX contract is private, investors can speculate on its valuation without owning the actual stock—thanks to crypto perpetuals trading.
This was further validated by Binance accounting for about $433.4 billion of TradFi perpetual volume, with most of that coming from equity-linked contracts.
That said, the list also includes Bybit and Hyperliquid, as even these are becoming important venues for traditional-asset speculation.
What does this mean for the crypto market? In simple words, some individual stocks can experience larger price swings than Bitcoin [BTC], creating attractive opportunities for traders seeking volatility.
Through perpetual contracts on crypto platforms, traders can take leveraged long or short positions on assets such as Nvidia, Tesla, gold, or oil, often 24/7, even when traditional markets are closed.
All in all, if this trend continues, exchanges such as Binance, Bybit, and Hyperliquid could increasingly compete with traditional brokers and futures exchanges.
As expected, the crypto community applauded this milestone, as one of them noted,
Source: X The August flipover This comes at a time when the crypto market surged to new heights. However, at press time, the global cryptocurrency market cap was changing hands at $2.77 trillion, marking a 1.2% drop in the past 24 hours.
But with the ETF market seeing a huge influx in August 2026, the market appears to still be in a bullish run.
Source: SoSo Value As AMBCrypto reported, Bitcoin’s role as “digital gold” may be strengthening as its market behavior increasingly resembles gold rather than technology stocks.
Final Summary Stock-linked perpetual futures on centralized-exchange volume reached $665.42 billion in August. If the momentum sustains, Binance, Bybit, and Hyperliquid could compete with traditional brokers.
The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services.
Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country.
The offering runs through Standard Chartered DIFC, the bank’s arm in the Dubai International Financial Center (DIFC), which said it is the only global bank currently providing institutional digital asset spot trading in the region.
Built on the UK Launch The launch adds trade execution to a custody service the bank already runs in the UAE. The trades are deliverable, so clients take possession of the underlying Bitcoin and Ether at settlement, and they can settle through a custodian of their choice, including Standard Chartered’s own digital asset custody solution that went live in September 2024.
Trades run through the bank’s electronic channels and sit inside its existing platforms, letting clients access the two assets through the same FX interfaces they already use. Standard Chartered DIFC is regulated by the Dubai Financial Services Authority (DFSA).
“The UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,” said Rola Abu Manneh, Chief Executive Officer for the UAE, Middle East and Pakistan at Standard Chartered. She said pairing execution with custody, governance, and the bank’s global connectivity gives clients a more integrated way to participate in digital asset markets.
Standard Chartered first introduced institutional Bitcoin and Ether spot trading through its UK branch in July 2025, the first G-SIB to offer deliverable spot crypto trading to institutional clients.
“DIFC provides an established platform for international financial institutions to deploy global capabilities across markets,” said Christopher Parsons, Senior Executive Officer at Standard Chartered DIFC. He said the arrangement combines the bank’s global markets network with a regulated base for serving clients across the region.
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The bank already lets institutional clients mint and redeem USDC directly through its DIFC platform, a service it built with Circle. SC Ventures, its innovation arm, has backed a $100 million digital asset joint venture in the UAE with Japan’s SBI Holdings that targets market infrastructure, compliance tools, DeFi and tokenization.
US spot Bitcoin ETFs attracted $986.9 million in net inflows for the week ending September 5, capping off a three-week streak that has funneled $3.8 billion into these products. Early 2026 was rough for Bitcoin ETF flows, with year-to-date net figures still sitting at approximately negative $1 billion. Three consecutive weeks of heavy buying haven’t erased that deficit, but they’ve dramatically narrowed it.
Thursday was the main event Daily inflows during the week were anything but evenly distributed. Thursday alone accounted for roughly $731 million in net new capital, the largest single-day haul since January 14. Friday cooled off to $174.6 million. BlackRock’s iShares Bitcoin Trust (IBIT) was responsible for $117.4 million of that total, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) contributed $57.2 million.
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Total assets under management across all US spot Bitcoin ETFs stood at $101.3 billion as of the latest data, after briefly touching $103.3 billion during the week. Since their collective launch in January 2024, these funds have accumulated $55.6 billion in cumulative net inflows.
Bitcoin holds steady while altcoin ETFs bleed Bitcoin’s price during the week hovered near $80K, dipping briefly below $79K before recovering to roughly $79,700. Spot Ether ETF inflows dropped 74% week-over-week, while XRP ETF products saw an 83% decline.
August 2026 delivered $3.5 billion in total Bitcoin ETF inflows, marking the strongest month since September 2025.
Digging out of a hole That the year-to-date figure still sits around negative $1 billion, even after $3.8 billion in three-week inflows, illustrates just how severe the earlier exodus was.
The $101.3 billion in combined AUM across all spot Bitcoin ETFs represents a significant chunk of Bitcoin’s total market capitalization. At current prices near $80K, Bitcoin’s fully diluted market cap sits in the neighborhood of $1.6 trillion, meaning these ETFs collectively hold somewhere around 6% of all Bitcoin that will ever exist.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin and other cryptocurrencies can experience price swings as large as 10% on a Sunday morning while US stocks, like Apple, remain unavailable on the Nasdaq at the same time. The difference stems not from technical limitations but from the infrastructure supporting each asset class, including brokers, market makers, clearinghouses, custodians, banks, and corporate-action processes.
SEC addresses push for around-the-clock stock tradingCryptocurrency networks were designed for continuous operation, enabling 24/7 trading across global exchanges. In contrast, US equities rely on traditional schedules with defined trading days. However, the gap between these systems is slowly closing as the US Securities and Exchange Commission holds a roundtable to discuss preparations for 24-hour stock trading. This initiative covers key challenges such as liquidity provision during overnight hours, settlement processes extending beyond traditional business days, and the official procedures for establishing closing prices.
While Bitcoin transactions do not depend on the New York business day, letting buyers and sellers transact at any time, stocks remain anchored to set trading hours. The main US stock session operates from 9:30 a.m. to 4 p.m. ET, with limited pre-market and after-hours sessions.
NYSE is taking steps toward continuous trading by planning an expanded model running about 23 hours per day, five days a week, though weekends still present significant hurdles as banks and settlement systems remain closed during that period.
Despite technical capabilities to match trades at any hour, the more challenging task is ensuring that the complex network of institutions behind the scenes operates with the same flexibility. Continuous synchronization among brokers, custodians, and clearinghouses becomes essential when markets rarely pause.
Challenges remain for continuous equities tradingOvernight trading environments in equity markets typically see fewer participants, which can result in wider spreads and more pronounced price moves, even on modest trades. Nasdaq has acknowledged that overnight sessions may face thinner liquidity and higher trading costs compared to regular hours.
Currently, US equities settle on a T+1 basis, where cash and shares officially change hands the following business day. Adopting continuous trading requires that settlement and related infrastructure remain operational for significantly longer windows without disruption.
Even with nearly constant trading, markets still depend on a standard reference price to determine fund values, calculate indexes, or settle derivatives. The 4 p.m. close retains importance for these functions, prompting the SEC to examine closing-price methodologies alongside extended hours initiatives.
Corporate actions, such as dividends, stock splits, and mergers, require precise record keeping and defined event dates, meaning nonstop market access does not eliminate the need for clear operational procedures.
Role of tokenization and evolving market toolsSome industry experts suggest tokenization could help integrate trading and settlement, potentially streamlining the underlying processes. Coinpaper’s overview of tokenized stocks highlights how blockchain-based solutions might blur the boundaries between trading and settlement timelines. At the same time, NYSE is exploring a platform for tokenized securities structured with near-continuous access.
Given the speed at which events can impact the crypto market—whether a Federal Reserve policy shift or an unexpected altcoin listing—market participants increasingly turn to single platforms that unify essential tools. In a financial environment where monitoring multiple apps for charts, news, or portfolio management can delay essential decisions, privacy-first platforms such as CryptoAppsy allow traders to access real-time data, receive intelligent price alerts, follow asset-specific news, and monitor macroeconomic developments from a single dashboard, all without needing to register an account.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A Bitcoin mining facility in El Reno, Oklahoma, leaked roughly 3 to 3.8 million gallons of water into the ground while the surrounding region baked under a severe drought. The city has condemned the site and plans to send its operator, Athlon Blockchain Technology LLC, the bill.
The leak, which surfaced around August 28, caused water pressure to plummet across El Reno. Schools and public buildings temporarily shut down because taps ran dry.
How millions of gallons vanished unnoticed The culprit was a damaged private water line connected to an unauthorized fire hydrant that Athlon had installed on the property. Because the hydrant was unsanctioned, city crews had no reason to monitor it, and the leak went undetected until residents started noticing their faucets sputtering.
The facility itself houses containerized data centers used for Bitcoin mining and artificial intelligence storage.
City officials moved quickly once the source was identified. The site was condemned, and a 10-day removal notice was issued to the property owner. El Reno Mayor Steve Jensen confirmed that taxpayers would not be on the hook for the costs associated with the massive leak. The city plans to charge Athlon for every gallon, since the water was metered, along with the cost of response efforts.
An administrative hearing has been scheduled for September 14 to determine further action against the company.
A facility already operating on borrowed time The condemnation didn’t happen in a vacuum. City records show that El Reno officials issued a stop-work order against the Athlon facility back in June 2023. The site was operating without a certificate of occupancy, a basic regulatory requirement for any commercial building.
Despite that stop-work order, operations at the facility apparently continued. The fact that a Bitcoin mining site ran for years without proper permits, installed its own fire hydrant without authorization, and only drew enforcement action after causing a city-wide water crisis raises uncomfortable questions about how local governments oversee these operations.
The broader tension between mining and water The incident has already reignited local discussions about regulatory oversight. El Reno officials are reportedly considering enhanced monitoring systems to detect large-scale leaks more quickly and to keep closer tabs on industrial water consumers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin traded near $79,700 on Binance, consolidating just below its major resistance zone between $82,000 and $82,800. The current daily price range has remained tight, with BTC briefly touching $79,774 before fluctuating around support levels.
BTC structure stays bullish as price approaches resistanceThe recent recovery from June–July’s lows near $58,000–$60,000 has set Bitcoin in a bullish trajectory. According to the daily chart on TradingView, BTC broke out from an extended accumulation phase around $62,000–$65,000, powering upwards toward the $80,000 mark. This move confirmed positive momentum in both the short and medium term.
Sellers stepped in as the price reached the $82,800 barrier, causing a retracement toward $80,000. This area continues to serve as a pivotal point for the next potential breakout. Traders closely watch for a daily close above $82,800, which could confirm a continued bullish run and open the door to even higher targets.
The Ichimoku Cloud indicator—a technical analysis tool tracking support, resistance, and momentum—remains bullish for now. BTC sits above the Tenkan-sen line at $79,282 and remains well above the daily cloud. The Kijun-sen line currently stands at $72,417.62, while the Ichimoku cloud spans from $72,287.50 to $75,849.81, marking robust medium-term support.
Mini dictionary: Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive indicator that shows current momentum, direction, and possible support/resistance using multiple lines (including Tenkan-sen and Kijun-sen) and a “cloud” area representing equilibrium or trend shifts.
If BTC falls below the cloud, analysts suggest that it could signal a significant weakening of the current bullish setup. The $64,000–$65,000 region from earlier in the summer serves as a deeper support reference if a correction occurs.
Momentum indicators and trader outlookBitcoin’s 14-day Relative Strength Index (RSI) currently holds at 66.55, indicating ongoing bullish sentiment without entering overbought conditions. This reading has eased from its recent 70–75 range, while the RSI moving average stands at 73.20. A push above 70 would further confirm renewed bullish momentum, while a slide toward 50–55 could highlight a potential cooling in price action.
Analyst Daan Crypto notes that high-timeframe structural reversals for Bitcoin rarely occur in a straightforward manner. He expects choppy movement and significant liquidity activity near the current range, with traders frequently attempting to anticipate both upward and downward breaks, leading to sharp squeezes in either direction.
High timeframe market structure reversals for Bitcoin rarely unfold smoothly. Sideways trading is common, with local highs and lows often tested as the price slowly trends upward. Traders routinely try to anticipate breakouts and breakdowns in advance, creating brief surges and spikes in volatility.
Daan Crypto also emphasizes the possibility that, even if the broader trend turns bearish, Bitcoin could still push through the $83,000 level temporarily, sparking additional volatility before sellers regain control. He stated that his near-term invalidation level remains set at $74,000.
Binance open interest hits $10 billion, raises volatility risksCrypto market observer Darkfost reported that Binance’s Bitcoin open interest soared above $10 billion, reaching its highest point in six months. This increase coincided with Bitcoin’s retest of its May high near $82,000, with open interest jumping nearly 8% in the past 24 hours. Elevated open interest typically indicates both larger and new speculative positions entering the market.
Darkfost attributes the rise in open interest both to increasing Bitcoin prices and to new leverage-driven entries. Binance futures currently hold approximately 125,830 BTC in open positions, giving the exchange a market-leading 37% share of all BTC open interest. According to Darkfost, this heightened futures activity can escalate sharp price moves, though such surges frequently correct just as swiftly.
Binance has seen its open interest surge to a six-month high above $10 billion as speculation escalates, with a notable 8% rise in just 24 hours as Bitcoin approaches critical resistance.
Key technical support levels for Bitcoin now lie at $79,280, with stronger support at $75,850 and in the $72,290–$72,400 range. Sustained losses below $75,850 risk drawing price action down into the cloud support region. On the upside, a confirmed daily close above $82,800 would shift attention to the $90,000 region as the next target for bulls.
Market participants are closely watching for spot buyer activity to determine whether the $82,000–$83,000 resistance will spark another round of short liquidations and volatility.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
