Major AI semiconductor companies like Nvidia, AMD, and Intel experienced significant declines following executive warnings about rapid AI advancement dangers Technology companies Adobe and ServiceNow saw gains, indicating potential sector rotation rather than wholesale AI exit Brent crude surged beyond $108 per barrel following attacks targeting Saudi Arabia’s critical energy infrastructure and pipeline shutdown Saudi Arabia’s East-West pipeline transports approximately 4 million barrels daily, making this disruption a significant supply threat Bitcoin enters a critical macroeconomic period as Federal Reserve rate increase expectations intensify The semiconductor sector experienced substantial turbulence Monday as leading AI chip manufacturers saw sharp selloffs triggered by industry leader warnings regarding the pace of artificial intelligence advancement.
Nvidia’s shares declined over 3% during trading. Meanwhile, AMD, Intel, and Marvell each posted losses ranging from 5% to 6%. The Philadelphia Semiconductor Index registered a decline approaching 6% during intraday trading.
These losses followed public statements from influential AI industry figures advocating for more measured development of advanced AI systems, citing potential hazards. Market participants immediately began reassessing whether the substantial capital investments flowing into chips and infrastructure might decelerate.
Sector Rebalancing Rather Than Broad Exodus The broader technology landscape showed divergent patterns. Adobe and ServiceNow posted gains during the same session, suggesting capital reallocation within AI-exposed stocks rather than wholesale abandonment of the theme.
Declaring the AI investment cycle finished would be premature. However, Monday’s price action indicates investors are adopting a more discriminating approach when allocating capital.
Semiconductor manufacturers had been among the primary beneficiaries of AI-driven investment flows. Monday’s reversal served as evidence that this trend faces headwinds and volatility.
Crude Prices Jump Following Saudi Infrastructure Strike Energy commodities experienced dramatic movement after strikes targeted Saudi Arabian energy facilities. Brent crude pushed back above the $108 threshold following the temporary closure of the nation’s East-West pipeline system.
This critical pipeline infrastructure handles roughly 4 million barrels daily, directing crude toward Red Sea export terminals. Any interruption to these volumes immediately captures market attention.
The incident compounded already elevated energy market tensions. Crude prices had been advancing for weeks before this development provided additional upward momentum.
Rising oil prices compound inflationary pressures already commanding Federal Reserve attention. Financial markets have now increased probability assessments for additional monetary tightening in upcoming meetings.
Cryptocurrency Faces Critical Assessment Period Bitcoin confronts this challenging macroeconomic backdrop with significant tests approaching. Escalating interest rate expectations combined with equity volatility typically pressure risk-oriented assets, a category where Bitcoin frequently trades.
Cryptocurrency market participants view the upcoming period as among the most significant macro inflection points this year for digital asset valuations.
Bitcoin’s performance trajectory depends substantially on Federal Reserve communications and broader market reactions to energy supply disruptions and technology sector weakness.
Market participants monitoring both traditional and cryptocurrency markets now face multiple simultaneous pressure points, with limited clarity on near-term resolution for any single catalyst.
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.
The crypto market is bracing for huge volatility in Bitcoin (BTC), Ethereum (ETH), and XRP due to a macro-heavy week. Wall Street giants JPMorgan and Goldman Sachs now expect a Fed rate hike. Traders expect price action to remain choppy as multiple key events, including the CLARITY Act vote and the Bank of Japan rate decision, are also scheduled this week.
Escalating the Middle East conflict is increasing uncertainty in global markets and risking pressure on the crypto market. In addition, skyrocketing oil prices, Treasury yields, and the US dollar are contributing to heightened selling pressure on Bitcoin.
JPMorgan and Goldman Sachs Estimate 25 Bps Fed Rate Hike in September Goldman Sachs and JPMorgan have shifted to expecting a 25 bps Fed rate hike at the September meeting after hotter August inflation and the renewed oil surge. Markets are pricing roughly an 87% probability of a hike, Reuters reported on September 14.
Goldman Sachs abandoned its previous call for the Fed to hold rates steady and now projects a 25bps hike at the September 16 FOMC meeting. In contrast, JPMorgan is forecasting 25bps hikes in both September and December.
The shift follows hotter-than-expected August PPI and CPI inflation data. The continued US-Iran war is keeping oil prices elevated. At the time of writing, oil prices were 3% above $103 per barrel today.
Meanwhile, the US Fed rate decision is followed by the Bank of England and Bank of Japan’s interest rate decisions. Goldman Sachs expects potential selling pressure on Bitcoin, Ethereum and XRP, as higher rates generally mean tighter financial conditions and a stronger dollar.
CME FedWatch Tool now shows an almost 88% probability of a 25 bps rate hike this week, up from around 70% before the latest inflation prints. The narrative has moved from whether the Fed would hike rates at all to how large and persistent a new tightening cycle could become.
Crypto Market Could Face Selling Pressure Meanwhile, the CLARITY Act is set for a Senate procedural vote on Tuesday. Bernstein said crypto markets currently have a bearish bias, leaving room for a rebound amid positive CLARITY Act news.
President Trump agreed to ethics provision in new crypto bill text. Bernstein sees some Democrats supporting it to meet the 60-vote requirement. Bloomberg has reported that about 7 to 10 Democrats “sound like they want to ultimately pass a bill,” but public commitments remain limited.
Bernstein predicts upside momentum in crypto assets such as Bitcoin, Ethereum and XRP as Democratic support could lift sentiment in the crypto market. However, a failed vote, especially if paired with hawkish Fed commentary, could trigger another crash in the crypto market and crypto-linked stocks.
The derivatives market showed buying sentiment in the last few hours, as per CoinGlass data. At the time of writing, the total Bitcoin futures open interest jumped 2.78% to $52.80 in the past 24 hours. The 24-hour BTC futures OI is up more than 1.42% on CME and 2.22% on Binance.
Polymarket data shows prediction market participants expect the Bitcoin price to reach $85,000 by December 31, 2026, with 67% ‘Yes’ bets.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
COIN Stock traded at $185.91 on Monday, September 14, after a sharp opening advance in Coinbase shares. The price was $10.65 above Friday’s $175.26 close, a gain of 6.08% at 9:44 a.m. EDT. Traders faced a week of monetary decisions and a procedural Senate vote affecting digital asset legislation.
COIN Stock Jumps 6% Ahead of FOMC Meeting Coinbase shares climbed toward $188 shortly after the opening bell before surrendering part of their early gains. Premarket trading had mostly stayed between $175 and $181, with a late dip toward $177 before shares rebounded.
The Federal Reserve meets Tuesday and Wednesday, with its policy statement scheduled for September 16. Investors will also receive updated economic projections, including policymakers’ expectations for interest rates and economic growth. Those forecasts could influence trading even if the rate decision matches expectations.
FedWatch figures supplied for the September meeting showed an 88.3% probability of a quarter-point increase. They assigned 11.7% to unchanged rates and no probability to a cut at the time captured. These estimates describe market pricing, and they can change before the Fed announces its decision.
Source: FED watch tool The Fed held its target range at 3.50% to 3.75% in July. A quarter-point increase would lift that range to 3.75% to 4.00%.
Clarity Act, BoE and BoJ Decisions Put Crypto Markets in Focus The Senate’s cloture motion on the CLARITY Act is scheduled to ripen Tuesday afternoon. The procedural step concerns whether senators can advance debate on digital asset market legislation. It would not itself approve the bill or settle its remaining provisions.
The CLARITY Act risks eroding investor protections, 18 state attorneys general told Congress in a letter before a critical Senate procedural vote Tuesday.
18 State AGs Push Back on CLARITY Act Ahead of Key Senate Vote
New York Attorney General Letitia James led a bipartisan coalition of 17 other state attorneys general urging Congress to oppose the current version of the CLARITY Act ahead of Tuesday’s key procedural vote. The… pic.twitter.com/wQwmqjUTMj
— Wu Blockchain (@WuBlockchain) September 14, 2026
Any change in the bill’s prospects could affect sentiment toward exchanges and other crypto businesses. However, the direction and size of any market reaction remain uncertain. Traders will also watch how Bitcoin and other cryptocurrencies respond to the week’s policy announcements.
The Bank of England is due to publish its rate decision Thursday, September 17. Its current Bank Rate stands at 3.75%, following a July decision to hold steady. The Bank of Japan meets Thursday and Friday, with its policy statement expected September 18.
A Japanese rate increase could strengthen the yen and pressure trades funded in that currency. If policymakers leave rates unchanged, their guidance could still move global markets. Neither decision provides a reliable signal for Coinbase shares on its own.
COIN Stock Prediction: Will Coinbase Reach $200 This Week? The opening move places immediate resistance near $188, the session high in the supplied snapshot. Holding above that level could bring $190 into view for the COIN stock, followed by $195 if momentum persists.
From $185.91, reaching $200 would require another gain of roughly 7.6% as per the future Coinbase Stock outlook. Broader crypto weakness could disrupt that path quickly.
COIN stock On the downside, $180 marks a nearby level observed during premarket trading. Losing that level could refocus attention on Friday’s $175.26 close.
South Korea’s largest crypto exchange, Upbit, recorded 11.2 trillion won, about $8 billion in weekly trading volume, a 6.74% increase from the prior week.
XRP was the most traded asset, ahead of Bitcoin and Tether. The print gives investors a fresh look at where Korea’s retail liquidity is concentrating.
Why XRP Keeps Topping Bitcoin on Korea’s Biggest Exchange Upbit is a KRW-native venue. Volume here is local cash, not recycled stablecoin flows recycled across global order books. Korean retail traders deal directly in XRP/KRW pairs, bypassing dollar-based routes entirely. This is not a one-week anomaly.
XRP trading volume has topped Bitcoin on Upbit before, including during the period when Hana Bank and South Korea’s four biggest financial firms pursued a combined $670 million stake in Dunamu, Upbit’s parent company.
That institutional backdrop explains part of why the exchange draws such deep liquidity.
The pattern goes deeper than preference. BTC and XRP dominate Upbit trading when Korean equities crack, with capital rotating into crypto during domestic stress.
That rotation dynamic has recurred multiple times in 2025 and 2026. The dominance is structural, not a spike. XRP has held the top crypto position in South Korea on Upbit for extended stretches.
A single day last year saw over $1.22 billion in XRP volume on the exchange alone, representing more than 22% of Upbit’s entire daily activity.
During peak periods, Upbit’s daily volumes have surged over 270%, with single-day highs reaching $3.81 billion. XRP captured the largest share of
those spikes.
Retail Tape vs Institutional Track: Two Different XRP Stories The Upbit data is one half of the XRP picture. The other half is institutional. On the payments side, Ripple has built a stack in Korea that now includes three bank partnerships.
Ripple partnered with Jeonbuk Bank to replace SWIFT with real-time payments, cutting multi-day settlement windows for business clients. That followed earlier integrations with Kyobo Life and Kbank.
The infrastructure layer is also expanding. A South Korean giant launched XRP custody services covering Upbit, Coinone, and Korbit, the three largest domestic exchanges.
That is not retail enthusiasm. That is institutional plumbing. Meanwhile, the derivatives market tells a different story. CME has overtaken Binance as the largest XRP futures venue by open interest.
That is a sign institutional capital is rotating into regulated derivatives, even as retail volume lives on Upbit’s spot order books.
The timing lines up. XRP futures volume hit a 6-month high in August, with Binance printing $37 billion and Upbit’s own spot volume hitting $4.68 billion for the month.
Last week’s $8 billion weekly print extends that run. The split is the investor takeaway: Korea handles retail. CME handles institutional. Both are growing at the same time.
For context on the policy backdrop shaping this week’s flows: the Senate CLARITY Act vote is scheduled for September 15, the day after Upbit’s weekly print landed.
The SEC also delayed Teucrium’s leveraged XRP ETF to October 11. Washington is still debating the wrapper. Korea is already trading the asset.
One thing this week’s data does not confirm: a market-cap flip. Ex-Ripple CTO David Schwartz has argued XRP could overtake Bitcoin, but that is a market-cap argument, not a volume argument.
High retail volume on a single exchange is not global adoption. It is participation, and Korea is participating at a structural level.
The regulatory weight on XRP this week is real. The SEC delayed a new XRP ETF as the CLARITY Act Senate vote looms. That delay has not slowed Korean won-denominated demand.
From on-chain data to charting, explore these free crypto tools every investor should know.
Grayscale Rolls Out Four Model Portfolios for Digital Asset Investors@Grayscale has launched a suite of four model portfolios designed to give both institutional and individual investors structured, objective-driven exposure to the digital asset market. The move builds on the firm's existing exchange-traded product (ETP) lineup and is aimed squarely at financial advisers looking to allocate to crypto at scale.
All four portfolios are market-cap weighted, rebalanced quarterly, and subject to a 40% weighting cap per asset.
The four portfolios are:
Digital Assets Core Plus:
Digital Assets Leaders:
Digital Assets Next Gen:
Digital Assets Infrastructure: Targets the protocols powering smart contracts, tokenization, and related blockchain infrastructure, giving investors a way to back the foundational layer of the ecosystem rather than individual currencies.
A Broader Push Into Mainstream Finance
The model portfolio launch represents a further step in that direction, offering pre-constructed frameworks rather than leaving allocation decisions entirely to individual advisers or investors.
The timing reflects a broader shift in the industry. Financial advisers have faced growing client demand for digital asset exposure but have often lacked ready-made tools to deploy allocations efficiently. Grayscale's model portfolios aim to close that gap by packaging its ETP range into defined, rebalancing strategies.
Sources:
GlobeNewswire: Grayscale Investments Launches Grayscale Model Portfolios
The Manila Times: Grayscale Model Portfolios Launch Coverage
PANews, September 14 - CryptoQuant analyst Amr Taha pointed out that ahead of this week's Federal Reserve decision, Binance's multi-asset reserves show a clear divergence. Bitcoin reserves rose to approximately 690,000 BTC on August 13, about 3% higher than the February peak and only about 2% lower than the level of approximately 704,000 BTC in August 2024. The analysis pointed out that an increase in exchange reserves is not necessarily bearish: when reserves reached approximately 704,000 BTC in August 2024, BTC price was near $59,000, but it subsequently broke through $120,000 in October 2025. Currently, BTC is near $76,800, about 30% higher than the comparable price in August 2024.
The divergence is even more pronounced for Ethereum: Binance holds approximately 3.616 million ETH, nearly unchanged from June 9, while the ETH price has risen from approximately $1,625 to $2,500, an increase of nearly 54%. Stablecoin balances are also elevated, with USDT reserves near $38 billion, and USDC recovered from $4.11 billion on August 5 to approximately $5.2 billion, an increase of about 26.5%. Ahead of the FOMC meeting on September 15-16, BTC reserves are near historical highs while the price is 30% higher than in 2024, ETH has risen 54% while reserves are flat, and the combined USDT-USDC reserves remain above $43 billion. Taha believes that exchange reserves should be interpreted in conjunction with price and liquidity, rather than as a standalone directional signal.
The inter-chain liquidity protocol Symbiosis recovered about 15 BTC after a flaw targeting its Bitcoin bridge. The September 11 incident led the project to suspend its Bitcoin Bridge service and isolate the affected infrastructure. Meanwhile, Symbiosis restored bitcoin trading thanks to Chainflip and THORChain. The protocol also offers a 20% bounty to recover the remaining funds. This operation comes as several bridges have undergone a massive creation of unbacked tokens.
In brief Symbiosis recovers about 15 BTC after the exploitation of its Bitcoin bridge on September 11. The protocol keeps its Bitcoin Bridge suspended while restoring some exchanges via Chainflip and THORChain. The attack allowed creation of 46.1 billion unbacked syBTC, but only $336,000 appears to have been extracted. Symbiosis offers a 20% bounty to recover the funds still held after the hacking. Symbiosis recovers part of the Bitcoin funds after the attack According to Symbiosis, an attacker exploited a vulnerability in its bridge on September 11. The protocol, however, did not detail the nature of the attack. After the flaw, the team interrupted its native Bitcoin routes and isolated the affected bridge. The other protocol services remained operational.
Routes on the EVM, TRON, and TON networks remained operational, as did Octopools. The relay network continues to function. The protocol restored Bitcoin exchanges through Chainflip and THORChain. Its own Bitcoin Bridge remains suspended.
Symbiosis states it is working with each concerned liquidity provider. The team is preparing a compensation framework. Symbiosis controls a multisignature wallet that holds the roughly 15 BTC recovered. At the indicated time, these bitcoins represent about $1.15 million.
A bounty offered to recover the remaining funds To accelerate asset restitution, Symbiosis offered a 20% bounty of the stolen funds. This offer was aimed at the attacker until September 13. After that date, another possibility applied. Anyone providing information enabling fund recovery could receive the same reward.
The recovered amount represents part of the assets linked to the incident. Symbiosis secured the 15 BTC found in a multisignature wallet. The protocol continues its efforts with affected providers. This coordination is intended to accompany the future compensation scheme.
The case also involves the creation of billions of unbacked syBTC tokens. Blockaid announced having detected a flaw on BNB Chain, where a call to the Symbiosis BridgeV2 contract generated about 46.1 billion syBTC. These tokens were then sent to a new address. The volume created exceeds the supply of 21 million bitcoins.
Tokens massively created, but losses more limited Despite this considerable issuance, Blockaid indicates the suspected attacker only sold about 4.39 WBTC via Uniswap v4 on Ethereum. This operation would have earned them $336,000. DeFiLlama classified the incident as an unsecured cross-chain token creation, with a loss of $336,000. The gap between tokens created and funds extracted thus appears significant.
The Symbiosis case recalls that of Liquid, exploited less than a week earlier. A hacker then created about 4,000 unbacked LBTC before exchanging them for bitcoins held by the network. The responsible party then returned about 3,400 BTC. Blockstream however refused to pay them a bounty regarding the roughly 598.5 BTC still in circulation.
Other bridge attacks have shown a comparable divergence between theoretical issuance and realized gains. In April, an attacker exploited Hyperbridge, a bridge dedicated to Polkadot, to create 1 billion DOT. They ultimately pocketed only about $237,000, a fraction of the theoretical token value. These precedents distinguish created tokens from funds.
Symbiosis claims to have facilitated more than $10 billion in transactions since its launch about five years ago. According to DeFiLlama data, the protocol currently holds about $7 million in total value locked. Its data also show around $3.19 billion in volume on bridges. The future depends on remaining funds and measures for affected providers.
Follow-up will now focus on assets still unrecovered and on the compensation framework announced by Symbiosis. For BTC, the immediate challenge remains securing the concerned funds, while the Bitcoin Bridge service remains suspended. The next steps will assess final losses and responses to affected actors.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
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.
Revolut confirmed on September 12 that an unauthorized third party used a legitimate government agency’s email domain to submit fraudulent requests for customer information, exposing identity documents and Bitcoin transaction activity in the process, according to TechCrunch. The London-based fintech said a “limited” number of its more than 80 million customers were affected by what it described as a sophisticated external impersonation scam.
What the Breach Exposed According to a notification emailed to affected customers and reviewed by TechCrunch, the exposed data included identity and contact details such as birth dates, postal and email addresses, and phone numbers, as well as copies of identity documents including passports and driver’s licenses. The information may have also included verification selfies, account statements, and transaction data. On-chain investigator ZachXBT, who posted about the incident late on Friday, said the exposure appeared to have been targeted at high net worth users, with Bitcoin activity among the records tied to real-world identities and home addresses.
Revolut’s Response A Revolut spokesperson told TechCrunch: “Revolut recently identified a sophisticated external impersonation scam where an unauthorised third party utilised a legitimate government agency domain email to submit fraudulent requests for information.” The company said it blocked the email address after discovering the scam and alerted the relevant government agency, law enforcement, and regulators, adding that “Revolut systems and customer funds are unaffected.” Revolut did not disclose the exact number of impacted individuals, whether the incident was limited to a specific market, or which government agency was involved.
Why It Matters for Crypto Users The incident shows how social engineering—rather than a technical exploit—can deanonymize Bitcoin holders at a mainstream financial platform. Revolut has expanded its crypto footprint across the EU and beyond, recently moving to delist USDT ahead of the EU’s MiCA deadline. The breach also echoes a broader pattern of security incidents affecting crypto-adjacent services, including the LayerZero executor wallet breach that drained $2.4 million earlier this year.
What Comes Next The fintech has not set out a timeline for further disclosure, and the full scope of the exposure remains unclear. For affected users, the practical risk is heightened exposure to phishing and identity fraud, since the leaked records pair personal documents with transaction history. Revolut said it contacted affected customers directly, while the incident remains under review by the authorities it notified.
AUTHOR
A freelance writer with a passion for crypto, delivering insightful and accurate content on blockchain and fintech. With a knack for translating complex concepts into accessible content, Eric produces well-researched articles, blog posts, and thought leadership pieces that cover the latest trends and developments in the digital finance space. His writing is aimed at educating and engaging both newcomers and industry experts, offering fresh insights into the world of cryptocurrencies, decentralized finance (DeFi), and blockchain innovations. Eric’s dedication to quality and accuracy makes him a trusted voice in the fintech and crypto communities
A third party using a real government email domain walked off with identity documents and full bitcoin transaction records.
Revolut exposed customer passports and bitcoin transaction
Editorial credit: Motorsport Photography F1 / Shutterstock.com
Posted September 14, 2026 at 6:26 am EST.
Revolut over the weekend confirmed to multiple media outlets that it disclosed sensitive customer information to an unauthorized third party after that party submitted fraudulent requests for records using an email account on a legitimate government agency’s domain. A spokesperson reportedly described it as a sophisticated external impersonation scam and said Revolut blocked the address once it identified the fraud.
The purported notification sent to affected customers that has circulated online says exposed data includes listed names, dates of birth, postal and email addresses, telephone numbers and copies of identity documents including passports and driver’s licenses. Verification selfies, account statements and transaction histories, including Bitcoin. Mt. Gox CEO Mark Karpelès, who shared the notice, said he was affected.
This story is an excerpt from the Unchained Daily newsletter.
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ZachXBT, who alerted followers on Saturday, said the incident appears to have been aimed at high-net-worth users. Revolut has not said how many users were affected and the government agency involved.
The attack adds to concerns around wrench attacks increasingly targeting crypto holders.
Hardware wallet maker Trezor disclosed a structurally similar problem last week, when a breach at its email provider let attackers send phishing from its own domain, days after saying a ShipMonk breach had exposed another 67,000 US customers.
Revolut, which says it has more than 80 million customers, won conditional approval from the U.S. Office of the Comptroller of the Currency this month to establish a national bank, began rolling out its EURR euro stablecoin in Denmark, Poland and Portugal in August, and is weighing a listing that could value it as high as $200 billion.
Related Listen: Inside the Coldcard Hack That Drained Over $100 Million in Bitcoin: Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Machi Big Brother is holding $151.17 million in leveraged long positions on Hyperliquid against an account value of $5.95 million. Every position points in the same direction.
Arkham data shows the trader has taken no offsetting short exposure. Two of his three assets have fallen over the past week.
Machi Big Brother Stacks $151 Million Across Three LongsThe largest leg is Ethereum (ETH). Machi holds 39,800 ETH at 25x leverage, a position worth $100 million, according to Arkham. His entry sits near $2,480.
Machi Big Brother Perp Positions. Source: ArkhamBitcoin (BTC) follows at $44.14 million. That covers 569 BTC at 40x, the highest leverage anywhere in the book. The third leg is Hyperliquid (HYPE). He holds 88,000 tokens at 10x leverage, worth $7.03 million.
All three entries sit within roughly 1% of current marks. Unrealized profit across the account totals $1.2 million. The ETH leg supplies $1.21 million of that figure.
Bitcoin contributes just $35,630 on a $44.14 million position. HYPE, meanwhile, sits $49,650 in the red. Spot holdings on the tracked addresses come to $0.55. The rest of the account value sits in perpetual futures.
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Two of Three Assets Move the Wrong WayTwo of the three are already losing ground. Bitcoin has slipped 2.5% to around $77,548, while HYPE has fallen 7.3% to $79.86.
Only Ethereum held its ground. It trades at $2,510 and gained 0.6% on the week, which explains why it carries almost all of his profit.
The pullback follows a strong run. Over 30 days, HYPE has still climbed by 41.5%, Ethereum by 33.6%, and Bitcoin by 23.2%.
Institutional flows turned in the same week. Bitcoin exchange-traded funds (ETFs) shed $462.73 million in the week ending September 11, ending three straight weeks of inflows.
HYPE funds lost $26.42 million over the same period, breaking a five-week positive run. Ethereum products drew $197.11 million in inflows, marking a fourth consecutive weekly inflow.
Ethereum is carrying the entire book. Bitcoin and HYPE have both given ground, and the Federal Reserve meets on September 16 with high odds of a rate increase.
Higher rates typically weigh on risk assets, which would test the two legs where Machi holds heavy leverage.
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Altcoin sezonu beklentileri, ağustos ayındaki yükselişin ardından yeniden sorgulanıyor. Ethereum ve Solana gibi büyük projeler kurumsal talebi artıran gelişmelere rağmen değer kaybederken, bazı altcoinler güçlü performans sergilemeyi başardı. Piyasadaki bu ayrışma, sermayenin hâlâ Bitcoin tarafında yoğunlaştığını gösteriyor.
Ethereum son bir haftada yaklaşık yüzde 2 geriledi. Buna karşın kurumsal yatırım şirketi Bitmine, aynı dönemde 28.086 ETH daha satın aldı ve şirketin Ethereum hazinesindeki miktar, toplam ETH arzının yaklaşık yüzde 4,9’una ulaştı.
Ethereum Ve Solana’da Kurumsal Talep Neden Yetmedi? Ethereum tarafında spot ETF’ler de pozitif bir tablo ortaya koydu. Söz konusu ürünlere toplam 218 milyon dolarlık giriş gerçekleşirken, Ethereum kurucu ortağı Vitalik Buterin de EIP-8141 teklifini gündeme getirdi. Öneri, stablecoin işlemlerini kolaylaştırmayı ve kullanıcıların gas ücretleri için özel olarak ETH tutma ihtiyacını azaltmayı hedefliyor.
Buna rağmen ETH fiyatındaki düşüş devam etti. Bu durum, olumlu temel gelişmelerin kısa vadede satış baskısını tamamen ortadan kaldırmaya yetmediğini gösteriyor.
Solana da benzer bir tablo çizdi. SOL yaklaşık yüzde 4 değer kaybederken, ağ daha büyük ve karmaşık DeFi işlemlerini gerçekleştirme kapasitesini geliştiren Transaction V1 yükseltmesini devreye aldı.
Kurumsal tarafta ise DeFi Development Corp. dikkat çekti. Şirket, SOL satın almak amacıyla 11 milyon dolar topladı. Ancak spot SOL ETF’lerinde sınırlı çıkışlar görülmesi ve genel piyasa zayıflığı, token üzerindeki baskının devam etmesine neden oldu.
Hangi Altcoin Projeleri Yükseldi, Hangileri Düştü? Piyasanın tamamı düşüş yaşamadı. XRP, RLUSD piyasa değerinin 2,3 milyar doları aşmasına rağmen daha sert geriledi. BNB ise yüzde 1,5 düşerken BNB Chain tokenleştirilmiş varlıklar alanındaki konumunu güçlendirdi.
BNB Chain üzerinde yaklaşık 1,267 milyar dolarlık tokenleştirilmiş hisse bulunuyor. Bu rakam, toplam pazarın yüzde 44,6’sına denk geliyor ve BNB Chain’i Ethereum ile Solana’nın önüne taşıyor. Jupiter’in JUP tokenı ise tokenleştirilmiş varlık alanındaki genişlemesine rağmen yalnızca yüzde 0,7 geriledi.
Yükselen tarafta Tron yüzde 2,7 değer kazandı. Canary Capital’ın TRXS adlı ilk spot staking destekli TRON ETF’sini başlatması, TRX için önemli bir katalizör oldu.
Aptos yüzde 6,4 yükseldi. Bitwise’ın potansiyel spot Aptos ETF’si için S-1 başvurusu yapması, APT’ye kurumsal erişimin genişleyebileceği beklentisini artırdı.
En güçlü performansı ise Kaspa gösterdi. KAS yüzde 23 yükselirken dolaşımdaki arzın hard cap’in yaklaşık yüzde 96,5’ine ulaşması, gelecekteki arz seyrelmesine ilişkin endişeleri azalttı.
Bitcoin Hakimiyeti Altcoin Sezonunu Geciktiriyor Mu? Piyasanın genel görünümü hâlâ Bitcoin lehine. Altcoin sezon endeksi haber sırasında 40 seviyesinde bulunuyordu. Bu değer, piyasanın henüz belirgin biçimde altcoin sezonuna geçmediğini ve Bitcoin sezonunun daha güçlü olduğunu gösteriyor.
Ayrıca altcoin vadeli işlemlerindeki açık pozisyon miktarı, Aralık 2024’ten bu yana ilk kez Bitcoin’in üzerine çıktı. Bu gelişme, yatırımcıların altcoinlerde daha agresif kaldıraçlı pozisyonlar aldığını gösteriyor.
Bitcoin ise haber sırasında 76.751,69 dolardan işlem görüyordu. BTC son 24 saatte sınırlı bir düşüş yaşamasına rağmen son bir ayda yüzde 22’nin üzerinde değer kazandı.
Bitcoin hakimiyeti de yüzde 59,29 seviyesinde bulunuyor ve günlük bazda 0,18 puan yükselmiş durumda. Bu tablo, sermayenin altcoinler yerine BTC’yi tercih etmeye devam ettiğine işaret ediyor.
60% Direnç Kırılırsa Altcoin Fiyatları Ne Yaşayabilir? Bitcoin hakimiyetinin yeniden yüzde 60 seviyesindeki kritik direnci test etmesi, piyasanın geleceği açısından önemli. İşlem hacimlerinin zayıf kalması ve makroekonomik belirsizliğin yeniden artması, BTC hakimiyetinin bu bölgede reddedilmesine yol açabilir.
Böyle bir senaryo gerçekleşirse sermayenin altcoinlere yönelmesi ve eylül ayındaki hareketlere benzer yeni bir altcoin rallisinin başlaması mümkün. Ancak bu ihtimal henüz kesinleşmiş değil.
Gerçek bir altcoin sezonu sinyali için altcoinlerin kendi önemli direnç seviyelerini aşması gerekiyor. Bu nedenle kripto para piyasasında yalnızca Bitcoin hakimiyetini değil, fiyat kırılımlarını ve işlem hacmini birlikte takip etmek gerekiyor.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
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.
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US spot Bitcoin exchange-traded funds (ETFs) saw a significant turnaround last week, posting $462.7 million in net outflows across four trading sessions. This reversal came after three consecutive weeks of net inflows, marking the steepest withdrawal period for these funds since July.
Bitcoin ETFs face four-day outflow streakFarside Investors reported that withdrawals from spot Bitcoin ETFs continued in every session from Tuesday through Friday. The week began on the back of the strongest three-week influx in 2026, but the momentum quickly faded as the funds recorded $166.8 million in withdrawals during just the first two trading days of the shortened holiday week.
The most substantial daily outflow occurred on Thursday, when investors pulled $282.7 million from US spot Bitcoin ETFs, marking the largest single-day withdrawal since July, according to data from SoSoValue. Outflows eased to $13.2 million on Friday, still extending the losing streak to four consecutive days.
Over four trading days, US spot Bitcoin ETFs registered a net outflow of $462.7 million, ending a period of strong positive sentiment that had defined the previous three weeks.
Among individual funds, ARK 21Shares Bitcoin ETF posted the largest weekly net outflows at $234.2 million. Grayscale’s Bitcoin Trust ETF followed with $129.1 million in withdrawals, while BlackRock’s iShares Bitcoin Trust ETF and Fidelity’s Wise Origin Bitcoin Fund saw weekly outflows of $52.5 million and $50.7 million, respectively.
Despite last week’s reversal, spot Bitcoin ETFs remained in net positive territory for September. By Friday, these funds had accumulated approximately $307.3 million in net inflows for the month.
ETFWeekly Net OutflowARK 21Shares Bitcoin ETF$234.2 millionGrayscale Bitcoin Trust ETF$129.1 millionBlackRock iShares Bitcoin Trust ETF$52.5 millionFidelity Wise Origin Bitcoin Fund$50.7 millionEther ETFs reverse trend with inflowsWhile Bitcoin funds registered consistent outflows, US spot Ether ETFs experienced nearly the opposite. Ether-focused ETFs drew in $196.9 million in net inflows across the same four-day period, according to Farside Investors.
Flows into Ether ETFs fluctuated earlier in the week, with $24.3 million in outflows on Tuesday, $34.7 million in inflows on Wednesday, and another $29.9 million in outflows on Thursday. However, Friday saw the week turn positive, as net inflows reached $216.4 million on a single day.
BlackRock’s iShares Ethereum Trust ETF led Friday’s activity, attracting $148.8 million in inflows. The 21Shares Core Ethereum ETF followed, adding $29.1 million that day.
Mini dictionary: Exchange-traded fund (ETF), an investment vehicle that tracks the value of an underlying asset and is traded on traditional stock exchanges, enabling investors to gain exposure to the asset without directly owning it.
With these developments, US spot Ether ETFs managed to overcome early-week volatility and end the week with strong inflows, a marked contrast to the recent trend in Bitcoin ETFs.
On-chain analytics company CryptoQuant stated that Bitcoin maintains its bullish outlook, but a break above the $81,700 resistance level is necessary to confirm a new bull market. Julio Moreno, the company’s head of research, noted that after Bitcoin’s 24% rise in two weeks, the movement has stalled, with the price trading between $76,000 and $82,000.
According to Moreno, the first significant resistance zone above the current price is located in the $77,100-$80,200 range. It is noted that long-term investors have sold up to 539,000 BTC in this region over the past 30 days, and this area is considered the strongest on-chain supply resistance above the current price.
Following this region, the critical technical level for Bitcoin is the 365-day moving average, around $81,700. Moreno noted that in past cycles, Bitcoin bull markets officially began when the price closed above this average. A clear break above this level could confirm a new bull market, while a failure could cause the price to trade sideways for a while longer.
According to CryptoQuant’s 3x Metcalfe band, the next major resistance is at $83,600. Above this, traders are watching the upper band of the current price pattern, $88,700, for potential profit-taking.
On the other hand, the $70,000 level stands out as a support in downward movements. It is stated that long-term investors have purchased approximately 476,000 BTC in the $62,000-$65,000 region. Moreno said that the overall outlook remains bullish, but Bitcoin needs to overcome the current supply pressure for a new upward wave.
*This is not investment advice.
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Bitcoin Rises But Remains Well Below $80,000 Level
By
Miriam Mukuru, Dow Jones Newswires
Bitcoin edged higher, trimming last week's declines caused by increased expectations of the U.S. Federal Reserve raising interest rates during Wednesday's policy decision.
Higher rate-rise expectations have boosted the dollar and reduced the rally in dollar-alternative assets.
However, bitcoin remains well below the psychologically important $80,000 level.
Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
3 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
3 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
3 hours ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
3 hours ago
Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
3 hours ago
JPMorgan Chase raises its forecast for the number of interest rate hikes by the Federal Reserve this year.
JPMorgan Chase expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026, revising its earlier forecast of a single rate hike in December.
Key Highlights Approximately 300 graphics processing units were confiscated from a concealed cryptocurrency mining operation in Tlaola, Puebla, Mexico Authorities are probing potential unauthorized electricity usage from a local hydroelectric facility Law enforcement is investigating possible connections to cartel money laundering activities through mined cryptocurrency The raid marks the fourth discovery of such mining facilities in Puebla since the beginning of 2025 No individuals have been arrested, and no specific criminal organizations have been officially named Law enforcement officials in Mexico conducted a raid on a clandestine cryptocurrency mining operation situated in Tlaola, a mountainous area in Puebla state, confiscating approximately 300 graphics processing units alongside industrial-grade electrical infrastructure and satellite communication equipment.
Stolen Power and Crypto Mining Emerge as New Tools for Latin American Cartels
Reuters reported that Mexican authorities uncovered a suspected illicit crypto mining operation in the mountainous Tlaola area of Puebla state, seizing 300 GPUs, 80 medium-voltage terminals and eight… pic.twitter.com/V29vDCjFkG
— Wu Blockchain (@WuBlockchain) September 13, 2026
The coordinated action brought together agents from the Mexican Attorney General’s Office, naval personnel, and Puebla’s Public Security Secretariat. Investigators discovered approximately 80 medium-voltage electrical terminals, a power transformer, and eight satellite internet receivers at the secluded location.
Positioned roughly two kilometers from the closest residential area, the facility’s presence was noted by local residents who reported hearing continuous mechanical sounds emanating from the equipment at distances up to one kilometer away.
Francisco Sanchez Gonzalez, Puebla’s security chief, indicated that the combination of substantial electricity consumption, persistent operational noise, and the remote positioning triggered investigative interest. Law enforcement had been monitoring intelligence about suspected mining activities in proximity to the Nuevo Necaxa hydroelectric complex.
Power Theft Investigation Underway Authorities are currently assessing whether the mining facility siphoned electrical power unlawfully from the adjacent hydroelectric infrastructure. As of now, neither prosecutorial offices nor the Federal Electricity Commission have officially verified an unauthorized electrical connection.
Samuel Leon, an energy theft expert from Mexico’s Iberoamericana University, explained to Reuters: “If they were stealing the electricity, the main costs of the operation would be, well nothing.” Power consumption typically represents one of the most significant operational expenses for cryptocurrency mining ventures.
Data from Mexico’s Federal Electricity Commission showed 6,346 gigawatt-hours in nontechnical losses during the January to July 2024 period, encompassing theft, meter tampering, and unauthorized connections. These figures do not specifically account for any losses potentially linked to the Tlaola location.
International precedents exist for similar incidents. In July 2026, Malaysian law enforcement confiscated 73 Bitcoin mining devices during operations targeting electricity theft. Thai officials seized 996 Bitcoin mining units after discovering operators had manipulated power meters.
Alleged Criminal Organization Links Remain Unverified Investigators are examining whether cryptocurrency generated at this facility served to legitimize proceeds from criminal enterprises. Mining operations can produce newly minted digital coins with verifiable blockchain origins, potentially attractive to individuals seeking to obscure illicit financial flows.
Security expert David Saucedo suggested to Reuters that operating such a facility demands both technical expertise and substantial capital investment that well-resourced criminal organizations could readily supply. However, these observations do not constitute official investigative conclusions.
No criminal organization has been officially identified. Authorities have not released wallet addresses, ownership documentation, or formal criminal charges. This represents the fourth cryptocurrency mining facility discovered in the Puebla area since early 2025. Officials are coordinating with adjacent states to identify additional potential operations.
According to Chainalysis estimates, illicit cryptocurrency addresses received no less than $154 billion throughout 2025, representing a significant increase from approximately $59 billion in 2024. The majority of this growth stemmed from sanctioned entities. Nevertheless, confirmed illicit activity accounted for under 1% of overall cryptocurrency transaction volume.
Cryptocurrency mining operations remain legal within Mexico. The ongoing investigation focuses specifically on alleged electricity theft and possible money laundering violations. Authorities have not announced a timeline for completing the investigation, and the confiscated equipment remains in official possession.
Cross-chain liquidity protocol Symbiosis has recovered approximately 15 BTC after an attacker exploited its Bitcoin Bridge, while its native bitcoin route remains suspended and affected liquidity providers await a compensation plan.
Summary
Symbiosis recovered approximately 15 BTC after an attacker exploited its Bitcoin Bridge on Sept. 11. The protocol offered a 20% bounty for further fund recovery while its native Bitcoin Bridge remains paused. Blockaid said the exploit minted roughly 46.1 billion unbacked syBTC, but the attacker sold only around 4.39 WBTC for $336,000. Bitcoin swaps have resumed through Chainflip and THORChain while Symbiosis prepares a compensation framework for affected liquidity providers. Symbiosis said the security incident occurred on Sept. 11 after an attacker exploited a vulnerability in the Bitcoin Bridge, prompting the protocol to halt its native BTC routes and isolate the affected bridge from the rest of its infrastructure.
Symbiosis experienced a security incident. At approximately 04:28 UTC on Sep 11, 2026, attacker exploited a vulnerability in Bitcoin Bridge. BTC routes have been halted. Other routes remain operational and safe.
Where we stand:
• Only the Bitcoin Bridge was affected, and it is…
— Symbiosis (@symbiosis_fi) September 11, 2026 The recovered bitcoin has been moved to a team-controlled multisig wallet. Symbiosis has not disclosed a final loss figure, saying its accounting work is still underway as it contacts liquidity providers affected by the incident.
The protocol initially offered the attacker a white-hat bounty equal to 20% of the funds if the remaining assets were returned by Sept. 13. Symbiosis said that after the deadline, the same 20% reward would be offered to anyone who provides information that leads to further fund recovery.
Symbiosis Bitcoin Bridge remains paused The exploit was limited to Symbiosis’ native Bitcoin Bridge, according to the protocol, while routes involving EVM networks, TRON and TON continued to operate. Its Octopools product and relayer network remained online during the response.
Bitcoin swaps have since resumed through third-party integrations with Chainflip and THORChain, giving users an alternative route while the protocol keeps its own bridge offline.
Symbiosis has not given a date for restoring the native Bitcoin Bridge. The team has said it is working with security researchers and assessing the final impact before providing further details.
The protocol had processed more than $10 billion in transactions since launching roughly five years ago. DefiLlama data cited in the original report placed its total value locked at around $7 million, while recorded bridge volume stood at approximately $3.19 billion since the data series began.
Attention has since turned to liquidity providers exposed through the Bitcoin route. Symbiosis said affected LPs are being contacted directly and that a compensation framework is under preparation, with eligibility criteria expected to be released separately.
Unbacked syBTC mint reached roughly 46.1 billion tokens Blockchain security firm Blockaid identified a much larger token mint behind the exploit than the amount the attacker was ultimately able to convert into other assets.
According to Blockaid, a call made to Symbiosis’ BridgeV2 contract on BNB Chain resulted in roughly 46.1 billion syBTC being minted and sent to a newly created address.
🚨Community alert: Blockaid detected an ongoing exploit on @symbiosis_fi on BSC.
Signed BridgeV2 receive minted ~2^62 raw syBTC (8 decimals; face value ~46.1B) to a fresh EOA; same beneficiary dumped ~4.39 WBTC on Ethereum Uni V4.
~$336k realized WBTC proceeds so far.
— Blockaid (@blockaid_) September 11, 2026 The unauthorized quantity was more than 2,000 times Bitcoin’s fixed maximum supply of 21 million coins. The figure represented synthetic tokens created through the affected bridge contract, not newly created BTC on the Bitcoin network.
Despite the size of the mint, Blockaid said the apparent attacker was able to sell only around 4.39 WBTC through Uniswap v4 on Ethereum, generating approximately $336,000 in proceeds.
DeFiLlama similarly classified the incident as an “unbacked cross-chain mint” and recorded a loss of around $336,000.
The difference between the number of synthetic tokens created and the funds eventually extracted resembles previous bridge incidents in which attackers gained the ability to create unbacked representations of an asset but faced limits when trying to exchange them for liquid, fully backed assets.
Recent bridge exploits produced similar gaps A separate Bitcoin-linked bridge incident occurred days earlier on Blockstream’s Liquid Network, where an attacker exploited a bug to create approximately 4,000 unbacked L-BTC before redeeming the tokens against bitcoin held by the network.
As crypto.news previously reported, the parties behind the Liquid exploit subsequently returned 3,400 BTC after Blockstream said the affected bridge nodes had been patched. Roughly 598.5 BTC remained outstanding following the recovery.
Blockstream later rejected the attacker’s demand to keep part of the outstanding bitcoin as a bounty.
Another case in April involved Hyperbridge’s cross-chain gateway, where an attacker minted roughly 1 billion unauthorized DOT-equivalent tokens after gaining control through a forged cross-chain message. The attacker ultimately extracted around $237,000, far below the theoretical value of the tokens created.
Hyperbridge subsequently opened a public bug bounty program in May, offering rewards of up to $50,000 for critical vulnerabilities. Its listed scope included cross-chain message spoofing, access-control flaws, state manipulation and other weaknesses that could affect funds or message integrity.
A more recent incident involving The Sandbox produced another large unbacked mint. In August, a cross-chain bridge vulnerability allowed unauthorized SAND to be minted on Base and BNB Smart Chain, while the project said its Ethereum and Polygon deployments were unaffected.
On-chain researchers estimated that approximately 14.75 million Ethereum-backed SAND left the bridge adapter during that incident, with token sales generating roughly $675,000.
Symbiosis prepares compensation framework for LPs Symbiosis has kept the affected Bitcoin Bridge isolated while maintaining its other cross-chain services and using Chainflip and THORChain to support bitcoin swaps.
The project has not disclosed how the recovered 15 BTC will be distributed or whether all affected liquidity providers will qualify for repayment. The final loss amount remains under calculation.
The initial 20% white-hat offer gave the attacker until Sept. 13 to return funds under the bounty arrangement. Symbiosis said the same percentage would subsequently be available to anyone whose information helps recover more assets.
The team said its relayer network continues to operate as it works through the recovery process and prepares the rules for compensating affected liquidity providers.
“We are contacting every affected LP directly,” Symbiosis said. “We are building a compensation framework and will publish the criteria shortly.”
Key Highlights A revised 635-page version of the CLARITY Act was unveiled by Senate Republicans on Sunday, just 48 hours before Tuesday’s critical procedural vote The legislation introduces unprecedented ethics requirements forcing federal officials to either divest their digital asset portfolios or transfer them to blind trusts President Trump has consented to these ethics constraints, marking an historic first for any sitting commander-in-chief Officials violating these ethics standards face civil fines of $500,000 or 20% of the transaction value, whichever proves larger Prediction markets showed CLARITY Act passage odds climbing to 35% on Monday, marking the highest level since late July On Sunday, Senate Republicans unveiled the updated CLARITY Act text, a comprehensive 635-page legislative package designed to garner sufficient Democratic backing before Tuesday’s 2:15pm ET procedural vote.
BREAKING: Senate Republicans have released their "last, best, and final" draft of the Crypto Clarity Act, including an ethics proposal backed by President Trump.
The bill is now headed for a critical Senate vote on Tuesday.
The vote will require 60 votes to advance the…
— The Kobeissi Letter (@KobeissiLetter) September 14, 2026
The legislation was introduced by Senator Cynthia Lummis, who chairs the Senate Banking Digital Assets Subcommittee, alongside Chairmen John Boozman and Tim Scott. Lummis characterized the draft as a final proposition following extensive bipartisan discussions and 126 Democratic-requested amendments.
“Following a year of rigorous daily cross-party negotiations, this legislation is prepared for consideration,” Lummis stated.
Breaking Down the Ethics Provisions The updated ethics framework would empower state attorneys general to enforce prohibitions preventing federal officials from issuing, endorsing, or maintaining substantial financial stakes in digital assets. Officials falling under these requirements must either sell their holdings or transfer them to qualified blind trusts.
🇺🇸 BREAKING: Senate Republicans release new Clarity Act text, their “LAST, BEST AND FINAL” offer ahead of Tuesday’s crucial cloture vote, per Eleanor Terrett.
The latest text revises DeFi-related provisions to the Blockchain Regulatory Certainty Act (BRCA), Stablecoin Yield and… pic.twitter.com/aOFvcz0xus
— Coin Bureau (@coinbureau) September 14, 2026
Financial penalties for non-compliance would reach $500,000 or 20% of the prohibited transaction value, whichever amount is higher. These requirements would become effective 360 days following the bill’s enactment, or earlier if implementing regulations are completed.
President Trump has voluntarily accepted these ethics limitations, which Lummis characterized as the most stringent ever imposed on a sitting president in American history. Democratic lawmakers have expressed skepticism, contending these restrictions contain exploitable loopholes.
Stablecoin Regulations and Developer Safeguards Regarding stablecoins, the legislation would grant the Treasury Secretary authority to limit rewards programs if evidence emerges that community banks are experiencing significant deposit outflows. This regulatory power would sunset 18 months post-enactment.
The updated Blockchain Regulatory Certainty Act embedded within the package would shield developers from classification as money transmitters under Bank Secrecy Act regulations. These safeguards have been expanded to encompass miners and validators, groups previously excluded from protection.
Additional provisions strengthen oversight of affiliate trading practices and address potential conflicts of interest at digital commodity trading platforms.
The Road Ahead Tuesday’s scheduled vote represents a procedural hurdle rather than final passage. The legislation requires 60 affirmative votes to proceed, and several Republican senators have expressed reservations regarding the stablecoin yield components.
Should the vote fail or face postponement, the bill remains open to additional negotiations before the Senate breaks for November elections. Following that recess, legislators would reconvene for a lame duck session with compressed timeframes for legislative action.
Brian Armstrong, CEO of Coinbase, indicated both scenarios are workable, observing that regulatory agencies would implement new frameworks through rulemaking if legislation stalls. The SEC chairman has maintained that regulatory actions alone cannot substitute for comprehensive legislation.
Prediction platform Polymarket showed odds of CLARITY Act passage in 2025 reaching 35% on Monday.
Bitcoin is currently trading near $77,327, showing a slight daily increase of 0.1% despite a decline of more than 3% over the past week. Persistent expectations for higher interest rates continue to pressure the cryptocurrency, as traditional dollar-based investments attract renewed interest from investors.
Key resistance levels challenge momentumBlockchain analytics firm CryptoQuant observed that Bitcoin’s notable 24% rally in the prior two weeks has run out of steam, with the asset consolidating between $76,000 and $82,000 without establishing a clear direction. CryptoQuant’s head of research, Julio Moreno, highlighted a crucial resistance band between $77,100 and $80,200. In this zone, long-term holders previously sold 539,000 BTC within a month, creating the largest supply barrier above current trading levels.
Moreno pointed out the significance of the 365-day simple moving average, now positioned near $81,700. Historically, a close above this technical indicator has marked the beginning of bull market cycles for Bitcoin. He noted that breaking and settling above this threshold may confirm a renewed bullish trend.
Further resistance emerges at $83,600, according to CryptoQuant’s 3x Metcalfe band calculation, which uses network-related inputs such as active wallet addresses. The $88,700 level corresponds to the upper boundary of the trader realized price model, an area where profit-taking tends to intensify.
Moreno underscored, “Bitcoin simply needs to digest the overhead supply and break its valuation ceilings before a new leg up can develop.”
Daan Crypto Trades commented on X that $BTC remains undecided at its major high timeframe resistance. He pointed out that the price has been edging lower, with the Federal Reserve’s upcoming FOMC meeting seen as an important event. Daan suggested that sweeping the $83,000 mark may be needed for liquidity purposes, but he considers defense of the $73,000–$74,000 support region essential for a positive long-term outlook.
Given the rapid pace of market developments, many investors are seeking more efficient ways to track technical breakouts, resistance levels, and macroeconomic news without switching between multiple applications. In a market where a single Fed decision or an altcoin listing can shift sentiment instantly, traders are increasingly using privacy-first platforms like CryptoAppsy. These solutions offer real-time charts, price alerts, news, and macro data on a single screen, and require no account setup.
ETF outflows mark change in flowsU.S. spot Bitcoin exchange-traded funds recorded $463 million in net outflows from September 7 to September 11, ending three consecutive weeks of positive flows. The reversal in ETF flows reflects a more cautious approach among investors, as they await signals from the upcoming Federal Reserve policy decision.
In contrast, spot Ethereum ETFs logged $197 million in inflows during the same period. The divergence highlights varying investor sentiment between leading digital assets. Moreno also identified $70,000 as a key support level for Bitcoin, aligned with the 200-day moving average. If further selling materializes, the $62,000 to $65,000 region could stimulate buying, as 476,000 BTC acquired by long-term holders this year remain within that band.
Bitcoin in institutional investment strategyA recent report from Swiss digital asset firm Bitcoin Suisse examined Bitcoin’s role as a portfolio diversification tool. The company noted that rising U.S. government debt and record investment in artificial intelligence are creating new complexity for the standard stock-bond portfolio mix.
Quantitative studies conducted by the firm determined that allocating 1% of portfolio assets to Bitcoin, reallocated from fixed income, increased portfolio yields from 6.2% to 7.2% annually. Boosting the Bitcoin exposure to 2.5% further raised returns to 8.6%.
Analysts at the firm suggested that these findings highlight the growing consideration of bitcoin as an alternative asset in institutional strategies as traditional options face evolving macroeconomic risks.
Metaplanet has approved a wholly owned Hong Kong subsidiary with $1 million in planned capital to manage Bitcoin-linked investments during Asian market hours.
Summary
Metaplanet approved a wholly owned Hong Kong subsidiary with $1 million in planned initial capital. The new unit will execute Bitcoin-related investment strategies and monitor positions during Asian trading hours. Simon Gerovich, Darren Winia and Kelvin Lee will serve as directors of the subsidiary initially. Metaplanet says the Hong Kong operation will complement its existing Miami asset-management company’s capabilities globally. The company expects the subsidiary to have minimal effect on its consolidated 2026 financial results. Metaplanet said in a Sept. 11 disclosure that its board had authorized the creation of Metaplanet Asset Management Asia Limited. The company expects to incorporate the business in Hong Kong during September 2026.
The planned operation will invest client funds and Metaplanet’s own capital across Bitcoin, listed equities, preferred securities, credit products and other liquid instruments. Directors Simon Gerovich, Darren Winia and Kelvin Lee will oversee the new company.
Metaplanet described the subsidiary as an operating platform within Project Nova, its plan to develop financial services tied to Bitcoin. The company expects the unit to handle trading, position monitoring and risk controls when U.S. markets are closed.
Metaplanet Expands Bitcoin-Focused Financial Services Push with New Hong Kong Asset Management Arm
Tokyo-listed Metaplanet (TSE: 3350) announced on Friday that its Board of Directors has approved the creation of a new, wholly owned subsidiary in Hong Kong to serve as its… pic.twitter.com/Zyx2aOWxk9
— Norbert Gehrke (@norbertgehrke) September 14, 2026 Metaplanet’s Hong Kong unit will cover Asian hours Based in Hong Kong, the subsidiary will execute purchases and sales for assets managed by Metaplanet’s investment businesses. Its planned duties include monitoring market conditions and managing positions during the Asian trading day.
The company said its structure would support investment coverage across Asia, the U.S. and Europe. Metaplanet Asset Management Asia will work with the group’s Miami operation, Metaplanet Asset Management, which was established in March 2026.
Miami serves as the group’s central institutional investment hub, while Hong Kong will provide execution and operational support from Asia. Metaplanet described the arrangement as infrastructure for its planned financial-services platform, not a separate change in corporate strategy.
An English reproduction of the company’s filing lists an initial capital contribution of $1 million. Metaplanet will own 100% of the subsidiary.
The disclosure did not provide a launch date for client services, identify initial assets under management or name outside investors. It did not announce that the Hong Kong operation had started managing customer money.
Project Nova turns Bitcoin into a financial-services base Project Nova covers Metaplanet’s efforts to build securities, asset-management and capital-markets businesses around its Bitcoin treasury. The strategy includes credit products, preferred securities and investment structures connected to Bitcoin-focused companies.
During June, Metaplanet agreed to acquire Japanese brokerage Siiibo Securities for 2.1 billion yen. As crypto.news reported, the acquisition gave Metaplanet a licensed Japanese securities platform capable of distributing investment products.
Metaplanet completed the transaction in July and renamed the business Metaplanet Securities. The brokerage holds a Type I Financial Instruments Business registration in Japan, according to company documents cited in the report.
Working with JPYC and tokenization company Progmat, the group began studying Bitcoin-backed digital credit products. In related coverage, the companies said no product launch or commercial terms had been decided.
Possible structures include digital corporate bonds, security tokens and credit instruments supported by Bitcoin collateral. The participants said future products would require technical reviews, internal approvals and discussions with the relevant authorities.
The Hong Kong filing identifies several possible investment categories, including Bitcoin-related perpetual preferred securities, derivatives and structured-product income strategies. Equity and credit investments involving corporate Bitcoin holders could fall within the unit’s mandate.
No specific fund, preferred security or credit product was announced with the subsidiary. Any planned investment remains subject to the operational and regulatory requirements applying to the relevant product and jurisdiction.
Miami and Hong Kong divide Metaplanet operations Metaplanet’s Miami business provides the U.S. side of its institutional investment framework. The Hong Kong company is designed to continue execution, monitoring and risk-management work as Asian markets open.
A separate U.S. transaction announced in August would place 2,100 BTC and $2.5 million into Nasdaq-listed Super League Enterprise. As previously reported, Metaplanet expects to secure a 95.7% stake before accounting for certain existing warrants.
Super League plans to change its name to Superplanet and has proposed the Nasdaq ticker SUPA. Metaplanet would appoint five members of the nine-person board under the announced transaction.
The proposed U.S. company would receive 2,100 BTC at closing and could use the assets to support future financing. Any preferred-share issuance would depend on decisions made after the transaction closes, the companies said.
Gerovich described Superplanet as Metaplanet’s route into U.S. capital markets. The agreement includes a five-year lockup covering common shares issued to Metaplanet through the initial transaction, warrant exercises or preferred-stock conversions.
Metaplanet reported 43,000 BTC in its treasury after buying 2,823 BTC during the second quarter. Gerovich later said the balance remained unchanged following transfers between company-controlled custodial addresses.
Crypto.news reported that 5,014 BTC moved between Metaplanet custodial addresses in August. Gerovich said, “No bitcoin was sold, and our holdings remain 43,000 BTC.”
Incorporation and regulatory steps remain ahead Metaplanet plans to incorporate the Hong Kong subsidiary before the end of September. The filing did not disclose when trading operations would begin or whether the unit had hired employees beyond its three initial directors.
No Hong Kong Securities and Futures Commission license was identified in the announcement. The disclosure did not specify whether the planned activities would operate under a local license, an exemption or another regulated group entity.
Metaplanet said the new subsidiary “is expected to have a minimal impact” on its consolidated results for the fiscal year ending Dec. 31, 2026. The statement remains a management forecast, and the company said it would disclose any material financial effect if one emerges.
The board’s decision came as Metaplanet continued building separate financial operations in Japan and the U.S. It disclosure archive lists the Hong Kong notice alongside recent announcements covering Bitcoin investments, securities operations and changes to its capital structure.
Bitcoin traded near $77,600 on Monday, up 0.5% over the past 24 hours, but continued to face difficulty reclaiming the $80,000 level after repeated failed attempts. The cryptocurrency saw an intraday recovery from as low as $76,500, briefly surpassing $77,750 before retreating slightly, according to CoinGecko data. Its seven-day performance remains negative, down 2.9%.
Resistance at $80,000, ETF outflows weigh on priceAfter previously reaching the $82,000 area earlier in September, Bitcoin encountered heavy selling that pushed its price lower. Analysts at QCP Capital identified the $80,000 to $82,000 range as a significant resistance zone, with support clustered between $77,000 and $78,000. Sellers have forced BTC into a narrow range since its early-September rejection, as buyers continue to step in around $76,000 to $77,000.
Bitfinex analysts have positioned Bitcoin’s active-investor cost basis near $76,350, marking it as a level where demand could absorb additional selling. BTC briefly tested this zone in the past 24 hours before recovering above $77,500.
Institutional demand for Bitcoin through US spot exchange-traded funds has weakened considerably. The funds recorded $46.6 million in net outflows on September 8, followed by larger withdrawals of $120.2 million and $282.7 million on September 9 and 10, respectively. Although ETF flows turned slightly positive with $6 million in net inflows on September 11, the previous three sessions saw nearly $450 million in outflows. ETF buying is well below the levels seen when Bitcoin previously pushed toward $82,000.
CoinShares research has linked recent digital asset fund flows with shifts in US interest rate expectations. The asset manager highlighted that uncertainty in monetary policy is a major factor capping Bitcoin below $80,000 ahead of the Federal Reserve’s upcoming decision.
Fed meeting and macro uncertaintyStronger-than-expected US employment figures for August shifted market expectations ahead of the Federal Reserve’s September meeting. The economy added 162,000 payrolls, far surpassing forecasts of 55,000 to 56,000. As a result, Treasury yields and the US dollar both climbed, while speculation grew that the central bank may consider another interest rate hike. Against this backdrop, Bitcoin has struggled to break above its established resistance.
Derivative positioning reflects ongoing uncertainty. CoinGlass data shows Bitcoin open interest at $50.9 billion, with funding rates slightly positive. Aggressive taker activity continues to lean toward sellers, suggesting leverage remains elevated while spot ETF demand has dropped.
Navigating these rapid market shifts has become increasingly complex. In environments where a single Fed announcement or the sudden listing of an altcoin can trigger significant volatility within seconds, many traders are turning to privacy-focused tools like CryptoAppsy. These solutions offer integrated real-time charts, price alerts, news, and macro indicators on one screen, allowing users to track positions and react quickly without signing up or switching between multiple apps, helping to avoid costly delays.
Technical outlook: Key levels in focusOn the daily timeframe, Bitcoin is holding above its 50-day, 100-day, and 200-day simple moving averages. The 50-day SMA stands at $71,402, the 200-day at $70,189, and the 100-day at $67,332. The current price sits more than 8% above all these averages. However, a drop below $76,350 could expose BTC to the $71,400 support zone, with the $70,000 to $71,400 area likely to attract attention if selling accelerates.
Despite trading above its key averages, buying momentum has weakened. The daily Chaikin Oscillator has dipped to around -1.11K after peaking above 4K during the August rally, indicating net distribution now outweighs accumulation in recent sessions. The oscillator’s continued slide, with BTC hovering around $77,500, suggests little support from money flows for a breakout above $80,000. A move back above zero on the oscillator alongside a price push through $80,000 could improve the chances of another test of $82,000, and eventually the $84,000 area.
On the 4-hour chart, Bitcoin has consolidated mostly between $76,000 and $80,000 after being rejected from $82,000. Directional Movement Index values show +DI at 19.69 and -DI at 15.19, slightly favoring buyers. However, the Average Directional Index (ADX) reads just 19.54, signaling a lack of strong trend momentum. A sustained move above $80,000 would require +DI to widen over -DI and a rising ADX.
The Money Flow Index recovered to 51.65 after sinking below 30, indicating short-term buying pressure has rebounded. Yet, this is far from the aggressive demand seen during prior rallies toward $80,000. If BTC closes a 4-hour session above $80,000 with strengthening DMI and MFI readings between 60 and 70, a move back to $82,000 appears possible. Failure to surpass $78,000, however, leaves $76,350 as the immediate support, with $75,000 as the next level if that breaks.
Bitcoin’s trading range remains capped by resistance around $80,000 to $82,000, while supportive bids continue to absorb selling in the $76,000 to $77,000 region. Market participants are monitoring macro signals and ETF flows closely for signs of a decisive breakout.
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.
Bitwise Investment Director Matt Hougan said that despite Strategy selling over $200 million worth of Bitcoin, the rise in the BTC price indicates strong buying demand in the market. Hougan stated that the sale does not mean the company is experiencing financial difficulties, but rather was carried out as part of capital management.
According to Hougan’s assessment, Strategy’s Bitcoin sale should be considered part of a capital management strategy aimed at meeting the company’s dividend payment and cash management needs. Therefore, the transaction does not indicate increased selling pressure in the Bitcoin market or that Strategy was forced to reduce its position due to funding problems.
Strategy holds a significant position in the market as one of the largest institutional companies that has long held Bitcoin on its balance sheet. The company’s purchases and sales are closely monitored by investors due to their potential impact on the Bitcoin price.
However, Hougan said he expects Strategy’s influence on the Bitcoin price to diminish over time. According to the Bitwise executive, as institutional investors gain more weight in the market, they will increasingly assume the role of primary marginal buyers for Bitcoin.
This shift is seen as potentially expanding the Bitcoin market to a wider investor base. In particular, the growth of spot Bitcoin ETFs, asset managers, and other institutional investment vehicles is contributing to the diversification of capital flowing into the market.
Hougan’s comments suggest that the fact that the price continued to rise despite a large Bitcoin investor selling indicates that there are enough buyers in the market to absorb these sales. This supports the assessment that Bitcoin demand can strengthen independently of the transactions of a single company.
*This is not investment advice.
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TLDR Cybercriminals have released personal identification documents and verification selfies belonging to Revolut users Extortionists are demanding ransom payment while promising to escalate data releases daily The security incident resulted from a fraudulent email impersonating a government authority to submit fake data requests Compromised information contains personal details, financial transaction logs, and cryptocurrency activity records Revolut maintains that core infrastructure and client funds have not been compromised Revolut is grappling with a significant security incident as cybercriminals have started publishing confidential customer data on the internet while issuing daily leak threats unless their ransom demands are satisfied.
The perpetrators made their intentions clear through a Telegram message, stating: “We’re going to start releasing more and more data everyday until revolut pays for leaking their customers.”
‼️ BREAKING: The threat actors who targeted Revolut with information-demand emails are now posting sensitive customer data, including that of high-profile clients such as tennis player Shevchenko and Römer, CEO of Gamdom/Skinscom.
They want Revolut to pay up. They say they'll… pic.twitter.com/obuVOOABx7
— International Cyber Digest (@IntCyberDigest) September 13, 2026
The initial data dump included identification credentials and personal photographs connected to professional tennis player Alexander Shevchenko and Felix Römer, who serves as chief executive of cryptocurrency gaming platform Gamdom, as revealed in a social media update from International Cyber Digest.
The stolen material encompasses complete names, birth dates, professional information, communication details, banking statements, and comprehensive payment histories, with cryptocurrency transaction records among the leaked materials.
Government-issued passports and driving licenses were also included in the breached dataset, as documented by TechCrunch in their coverage.
Origins of the Security Incident According to Revolut’s official statement, the data exposure stemmed from a “sophisticated external impersonation scam.” A malicious actor utilized an email account from an authentic government institution domain to file illegitimate information access requests.
The financial technology firm stated it identified the unauthorized activity, promptly blocked the compromised email address, and informed the appropriate government department, law enforcement bodies, privacy watchdogs, and banking supervisors.
Revolut acknowledged the breach impacted a “very limited” customer base, with all affected individuals receiving direct communication.
The precise count of impacted users has not been made public by the organization.
Potential Dangers for Compromised Users Cybersecurity professionals warn that leaked identification paperwork and biometric verification photographs significantly increase identity fraud risks for those whose information was exposed.
Users whose cryptocurrency transaction records were published may also encounter heightened privacy vulnerabilities.
Revolut emphasized that its technical infrastructure and customer financial assets remained secure and untouched.
The organization functions exclusively through digital channels without traditional banking locations and stands among Europe’s premier financial technology success stories.
Revolut is presently preparing for a possible stock market debut with ambitions of achieving a valuation approaching $200 billion.
The security breach’s timing presents challenges for the firm as it advances toward this significant corporate objective.
Revolut has not issued any public statement regarding potential compliance with the attackers’ extortion demands or outlined additional protective measures to stop subsequent data releases.
The crisis continues to unfold, with perpetrators maintaining their promise of ongoing daily information dumps until their financial requirements are satisfied.
BlackRock’s iShares Bitcoin Trust (IBIT) saw clients pull $19.23 million on September 11, making it the largest single-fund redemption of the day across all US spot Bitcoin ETFs. The broader category experienced roughly $13 million in net outflows on the same session, meaning some competing funds actually attracted fresh capital while IBIT bled.
To put the number in perspective: $19.23 million represents roughly 0.03% of IBIT’s total assets under management, which currently exceed $60.6 billion.
What’s actually happening under the hood An important distinction here is that BlackRock isn’t choosing to dump Bitcoin. The company operates as an intermediary. When ETF shareholders decide to redeem their positions, the fund is mechanically obligated to sell the corresponding amount of underlying Bitcoin to generate cash for those departing investors.
The redemptions flow through Coinbase Prime, which serves as IBIT’s custodian. So when you read that “BlackRock sold Bitcoin,” what really happened is that some combination of institutional and retail investors decided to exit their positions, and the fund’s plumbing did what it’s designed to do.
This particular outflow didn’t happen in isolation either. The four trading days from September 8 through September 11 saw approximately $463 million in category-wide outflows across US spot Bitcoin ETFs.
Context: IBIT’s dominance remains unchallenged Since launching in January 2024, IBIT has accumulated roughly $64 billion in cumulative net inflows. IBIT has consistently led the US spot Bitcoin ETF category in both total inflows and assets under management. On strong market days, the fund has attracted hundreds of millions of dollars in a single session.
The fund’s AUM exceeding $60 billion as of mid-September 2026 places it among the largest ETFs in any asset class, not just crypto. For context, most ETFs never reach $1 billion in assets. IBIT blew past that milestone in its first week of trading back in 2024.
Other spot Bitcoin ETFs, including products from Fidelity, ARK Invest, and Bitwise, have carved out their own niches but none have come close to matching IBIT’s scale. BlackRock’s brand recognition among institutional allocators, combined with competitive fee structures, has created a flywheel effect where size begets liquidity, and liquidity begets more size.
The macro backdrop driving redemptions Shifting expectations around Federal Reserve monetary policy have been reshaping how investors think about risk assets broadly. When rate expectations change, institutional investors tend to adjust their portfolio allocations across the board, and Bitcoin, as a higher-volatility component of many portfolios, often gets trimmed first during risk-off rotations.
The oscillation between inflow and outflow periods throughout 2026 follows a pattern attributed to institutional portfolio rebalancing and profit-taking strategies. Smaller spot Bitcoin ETFs with thinner AUM would feel a $19 million outflow much more acutely. For IBIT, it’s a rounding error that happens to make a good headline.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin’s open interest has dropped roughly 14%, part of a broader pattern of deleveraging that’s been playing out across derivatives markets throughout 2026. The decline came ahead of key legislative votes this week, with traders opting to close out leveraged positions rather than ride into headline risk with maximum exposure.
The numbers behind the unwind OI contractions throughout 2026 have ranged from 11% to 19.5%, with each episode characterized by orderly position unwinds rather than panic-driven liquidation cascades.
One of the more dramatic examples occurred on September 12, when Bitcoin futures OI plummeted by approximately 13,600 BTC in a single 24-hour window. That’s roughly $1.05 billion in notional value vanishing from the market in a day, triggered by Consumer Price Index data that rattled positioning across risk assets.
Earlier in the year, OI fell from around 381,000 BTC to 314,000 BTC, a nearly 17.5% decrease that came on the heels of all-time high corrections. Analysts have characterized the cumulative effect of these drops as the sharpest deleveraging observed since 2023.
These declines are measured in BTC terms, not just USD. That distinction matters because it filters out the noise of price appreciation inflating dollar-denominated OI figures. When OI drops in BTC terms during stable or bullish price action, it typically signals that traders are pulling back on leveraged speculation even as underlying demand holds firm.
What Binance tells us about the market Binance continues to hold approximately 36% to 37% of total Bitcoin open interest, making it the single most important venue for reading the derivatives market’s mood. The current environment, where Binance’s dominance remains steady even as total OI shrinks, suggests the deleveraging is happening uniformly across the market rather than being driven by a single whale or exchange-specific event.
Spot demand is filling the gap Crypto analyst Axel Adler Jr. has pointed to these OI contractions as evidence that the market is consciously moving toward spot trading over leveraged positions. When traders close futures positions but price remains relatively stable, something else is absorbing the selling pressure. In most cases, that something is spot demand.
Reduced leverage means fewer positions vulnerable to forced liquidation during sharp price moves, reducing the likelihood of liquidation cascades where margin calls trigger selling, which triggers more margin calls, which triggers more selling.
Why this matters for what comes next The pattern of pre-event deleveraging followed by re-leveraging after clarity has repeated multiple times this year, particularly around macroeconomic data releases like CPI prints and Federal Reserve decisions. Lower open interest means less fuel for explosive moves in either direction, since there are fewer leveraged positions available to be forcibly closed.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Satsuma Technology has secured High Court approval to cancel more than 11.2 billion B shares, clearing a £30.7 million capital return after the company sold its entire disclosed Bitcoin position.
Summary
Satsuma secured High Court approval to cancel 11.2 billion B shares, clearing a £30.7 million capital return to eligible shareholders. The company sold 669.4867 BTC between July 24 and July 31 for £31.9 million at an average realized price of £47,667 per Bitcoin. Eligible investors are due £0.002734 for each B share, with payments expected through checks, bank transfers or CREST by Sept. 28. Satsuma’s London listing was scheduled for cancellation on Sept. 14 after shareholders approved the capital return and delisting in July. Satsuma said the High Court of Justice approved the cancellation of 11,235,874,700 B shares on Sept. 8, removing the court condition attached to its planned reduction of capital. Eligible shareholders are due £0.002734 for each B share, putting the aggregate payment at £30,718,881.
The B shares were created specifically for the capital return. Investors eligible under the transaction received one B share for every ordinary Satsuma share they held at the record time, allowing the company to cancel the new shares and repay the corresponding capital.
The amount became fixed after Satsuma completed the sale of 669.4867 Bitcoin between July 24 and July 31. The company realized a net volume-weighted average price of £47,667 per BTC, producing £31,912,395 in proceeds from the sale.
Satsuma reported £35,324,953 in cash at the record time, including funds held through its subsidiary. Its final calculation allowed for £2.6 million in estimated transaction and termination expenses while leaving £2 million inside the company as working capital.
When Satsuma announced the figures on Aug. 4, the £30.7 million return and the £0.002734 value assigned to each B share remained conditional on court approval. The Sept. 8 ruling removed that condition, although the company’s announcement did not state that shareholders had already received the money.
Payments are expected to follow later this month. Eligible investors are due to receive checks, bank account payments or CREST credits on or before Sept. 28, according to the company’s settlement timetable.
The court process followed a shareholder vote that had already set the liquidation plan in motion. On July 20, investors approved both the capital return and cancellation of Satsuma’s London listing, with more than 90% of votes cast supporting each proposal.
As crypto.news previously reported, 90.63% of votes supported the return of capital, while 90.59% backed the listing cancellation. The approval allowed the board to begin closing trading activities and liquidating the company’s Bitcoin holdings, but the capital reduction still required High Court approval.
Bitcoin sale followed months of shareholder pressure The July vote ended a dispute over whether Satsuma should continue operating as a listed Bitcoin treasury company or return its assets to investors.
Pressure had surfaced months earlier. In April, Pantera Capital and other shareholders asked Satsuma to sell its Bitcoin and distribute the proceeds after the company’s share price fell heavily.
Pantera held roughly 7% of Satsuma at the time and was among investors pushing for a return of capital. Satsuma then held around 646 BTC worth close to $50 million, while its shares had fallen more than 99% from their June 2025 peak.
The decline left Satsuma’s market value below the value of its Bitcoin holdings. Executive Chairman Ranald McGregor-Smith said at the time that the company had received requests from shareholders and was considering its options.
By June, Satsuma’s circular showed 668 BTC and estimated that a liquidation could leave between roughly £27.7 million and £30.9 million for shareholders depending on warrant exercises, the eventual Bitcoin sale price and transaction costs.
Four of the company’s six directors opposed the shareholder proposal, while two backed it. Investors ultimately approved the return, allowing Satsuma to sell its remaining Bitcoin before seeking the required court order.
Satsuma reverses its 2025 Bitcoin treasury strategy The liquidation came roughly a year after Satsuma had been raising substantial capital to build its Bitcoin position.
Previously known as TAO Alpha, the UK-listed company announced plans in July 2025 to rename itself Satsuma Technology and develop a Bitcoin treasury. The company appointed Mark Moss as chief Bitcoin strategist as part of the Bitcoin treasury plan, with the role focused on working with its board on the treasury operation.
Satsuma expanded the strategy a month later through an oversubscribed convertible note raise. The company secured £163.6 million, worth approximately $218 million at the time, after originally targeting a smaller amount.
Investors including Pantera Capital, Digital Currency Group and Kraken participated alongside traditional institutions. A substantial portion of the financing came directly in Bitcoin, with investors contributing 1,097 BTC instead of cash.
The $218 million fundraising round included approximately $125 million settled in Bitcoin. The convertible notes were structured to convert into equity subject to the required approvals.
Satsuma began reducing its holdings later in 2025. In December, the company sold 579 BTC for net proceeds of roughly £40 million to repay convertible noteholders who had not committed to converting their debt into shares. The transaction left it with 620 BTC before the treasury later increased again.
Shareholder pressure intensified as the company’s stock continued trading below the value of its underlying assets, eventually producing the April request for a capital return and the July vote that authorized the liquidation.
London listing cancellation remains on the timetable With the High Court approving the B-share cancellation, the judicial requirement attached to the capital reduction has been satisfied. Satsuma’s earlier circular said the reduction would become effective once the court order was registered.
The company’s most recently disclosed timetable listed Sept. 11 as the expected final day for dealings in its ordinary shares. Cancellation of its London listing was scheduled for 8 a.m. on Sept. 14, a date retained in Satsuma’s Aug. 4 update.
The cited company updates set out those dates as expected milestones but did not confirm that either the final day of trading or listing cancellation had been completed.
Cash distribution remains scheduled separately from the listing process. Eligible B-share holders are expected to receive the £0.002734-per-share payment through checks, bank transfers or CREST by Sept. 28.
Bitcoin is a ‘one trick pony’ but could stoke market carnage if it suffers a spectacular collapse, a top City investor has warned.
Simeon Willis, chief investment officer at consultancy XPS, said that while the cryptocurrency has delivered huge returns for some, those days ‘are long gone’ and it has underperformed other assets in recent years.
And Willis said it could ‘wither fast’ if it fails to take root as a fully functioning currency – and that it is a ‘one trick pony’ because the blockchain technology underlying it cannot be adapted to other fast-growing digital finance areas.
But, writing for the Daily Mail and thisismoney.co.uk, Willis warned that a sudden demise in the cryptocurrency could create chaos for conventional assets and the wider economy.
‘The evaporation of a £1trillion market is highly likely to lead to people selling risky assets like equities and buying safer assets like bonds,’ Willis said.
‘The direct and indirect loss of wealth would mean less money in people’s pockets to spend in the economy - so we would expect to see this impact UK economic growth.
Bitcoin has underperformed other assets in recent years, Simeon Willis said
‘So while I may not have bought into the investment case for Bitcoin, I’m hoping that it can hang on, but if it can’t, that any demise is long, drawn-out and predictable. For everyone’s sake.’
The comments come as Bitcoin investors continue to enjoy a rollercoaster ride.
Last October, it spiked to an all-time high of $126,000 before sinking below $60,000 by July this year.
A multi-billion dollar intervention into febrile bond markets by US Treasury secretary Scott Bessent over the summer, as well as hopes of favourable US legislation, helped spark a rally to more than $80,000 but more recent days have seen it turn lower amid further volatility for bonds.
It’s not scaremongering to consider that Bitcoin could disappear within a single dayBy SImeon Willis, chief investment officer, XPS Group
We probably all know someone who knows someone who has made a fortune on Bitcoin. According to government figures, 240 Britons earned more than £1million from crypto currency in the 2024-25 tax year, each earning an average of around £3million. It’s easy to see why.
Simeon Willis of XPS Group
If you invested £2,500 in Bitcoin ten years ago you’d now have around £300,000, more than enough to buy the average UK house, mortgage-free. But this statistic obscures a hidden truth - that in the last five years there have been far fewer rags-to-riches Bitcoin millionaires created. Those days are long gone.
Between 2016 and 2021 Bitcoin returned a staggering 7,000 per cent. However, in the last five years it has returned only 72 per cent, not even doubling your money despite the spike in Bitcoin over the last month which accounts for more than a third of this five year growth. Bitcoin has underperformed a typical stocks and shares investment such as the FTSE All World global equity index which has delivered 75 per cent over the same five year period.
Yet, the exceptional pre-2021 Bitcoin growth still lingers as a hope for many. But from here, there’s two long term outcomes for Bitcoin as I see it. First, it takes root as a fully-functional currency with enough new everyday users buying goods and services in Bitcoin to replace all the current speculators and, in doing so, sustaining, and potentially boosting, the price.
Or it doesn’t gain adoption. And if it doesn’t, it will likely wither fast.
Some argue that crypto serves an essential role in broader digital finance. But blockchain technology, the beating heart of digital finance, doesn’t actually need to use cryptocurrency.
For example, DIGIT, the planned issuance of a digital UK government bond in 2027, will use HSBC Orion, a Sterling-based blockchain - meaning no crypto needed.
What’s worse is that Bitcoin is a one trick pony - the Bitcoin blockchain only does Bitcoin. It doesn’t do smart contracts which can automate payments, and is not programmable for growing digital finance areas like tokens. Other blockchains could eclipse Bitcoin with superior capabilities, and we know that in modern day finance, customers have a tendency to move quickly. Take the spectacular failure of Silicon Valley Bank within 48 hours of the start of the bank run. It’s not scaremongering to consider that Bitcoin could disappear within a single day. Stranger things have happened.
So what if Bitcoin fails spectacularly? First, you’d see a sharp withdrawal from digital markets, including redemptions of other crypto and stablecoins. In this situation, despite what the name suggests, you may not get all your stablecoin money back. The most popular stablecoin is USD Tether, with coins totalling around $140billion. Unfortunately, whilst three quarters of the assets backing Tether are low risk, the remaining quarter include more volatile things like volatile precious metals and, wait for it… Bitcoin.
Then we’ve got the equity market. The evaporation of a £1trillion market is highly likely to lead to people selling risky assets like equities and buying safer assets like bonds. In 1998, the failure of hedge fund LTCM - along with the Russian debt default - saw a double digit sell-off in equity markets. The direct and indirect loss of wealth would mean less money in people’s pockets to spend in the economy - so we would expect to see this impact UK economic growth.
Last would be the detrimental impact on the future development of the broader digital asset market, which otherwise holds promise of vastly reduced transactions costs, faster settlement in investment markets, and a new era of investment opportunity for individuals to invest more-like big institutions, for instance in high returning private markets.
So while I may not have bought into the investment case for Bitcoin, I’m hoping that it can hang on, but if it can’t, that any demise is long, drawn-out and predictable. For everyone’s sake.
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TLDR A vulnerability in Symbiosis’s Bitcoin Bridge was exploited on September 11, allowing the creation of approximately 46.1 billion unbacked syBTC tokens The attacker successfully liquidated only around 4.39 WBTC via Uniswap, securing roughly $336,000 in actual profits The protocol managed to recover about 15 BTC, currently stored in a multisig wallet controlled by the team A white-hat bounty worth 20% of stolen funds was extended to the attacker, with September 13 set as the acceptance deadline This marks the third Bitcoin bridge unbacking attack in recent weeks, after similar incidents on Liquid Network and Nomic Cross-chain infrastructure provider Symbiosis disclosed that its Bitcoin bridge infrastructure suffered a security breach on September 11, 2026. The exploit allowed an unauthorized party to leverage a flaw in the BridgeV2 smart contract, resulting in the creation of billions of illegitimate synthetic bitcoin tokens.
Cybersecurity monitoring platform Blockaid initially detected and publicized the breach. According to their analysis, the perpetrator generated approximately 46.1 billion syBTC—a quantity exceeding 2,000 times Bitcoin’s entire circulating supply. These fabricated tokens were transferred to a newly created wallet address.
🚨Community alert: Blockaid detected an ongoing exploit on @symbiosis_fi on BSC.
Signed BridgeV2 receive minted ~2^62 raw syBTC (8 decimals; face value ~46.1B) to a fresh EOA; same beneficiary dumped ~4.39 WBTC on Ethereum Uni V4.
~$336k realized WBTC proceeds so far.
— Blockaid (@blockaid_) September 11, 2026
While the quantity of counterfeit tokens minted was enormous, the attacker faced significant liquidity constraints. They managed to exchange only about 4.39 wrapped bitcoin via Uniswap on the Ethereum network, ultimately extracting approximately $336,000. The remaining minted tokens found no market demand.
Following the discovery, Symbiosis acknowledged the security incident and immediately suspended all native Bitcoin routing functionality. The protocol maintained operations for alternative routes spanning EVM-compatible blockchains, TRON, and TON networks. Their Octopools service continued functioning without interruption.
Symbiosis Recovers 15 BTC and Offers Bounty According to Symbiosis, the team has successfully retrieved roughly 15 BTC following the breach. At prevailing market rates, this recovery represents approximately $1.15 million in value. These reclaimed assets are currently secured in a multisignature wallet managed by the core team.
Symbiosis experienced a security incident. At approximately 04:28 UTC on Sep 11, 2026, attacker exploited a vulnerability in Bitcoin Bridge. BTC routes have been halted. Other routes remain operational and safe.
Where we stand:
• Only the Bitcoin Bridge was affected, and it is…
— Symbiosis (@symbiosis_fi) September 11, 2026
The development team initiated contact with the perpetrator, extending a white-hat bounty proposal equivalent to 20% of the misappropriated assets. This proposal included a September 13 deadline for acceptance. Following this cutoff date, Symbiosis announced it would redirect the identical 20% incentive toward any individual supplying actionable intelligence that facilitates additional fund recovery.
The platform indicated it is engaging directly with impacted liquidity providers. A compensation structure is under development, with specific eligibility parameters scheduled for imminent publication. Bitcoin exchange functionality has been reinstated through third-party integration partners Chainflip and THORChain, while the proprietary bridge remains disabled.
Third Bitcoin Bridge Exploit in Weeks This breach represents another occurrence in an alarming trend. Within recent weeks, both Liquid Network and Nomic experienced comparable attacks featuring unbacked Bitcoin-derivative tokens.
The Liquid Network operated by Blockstream witnessed an adversary generate roughly 4,000 unbacked LBTC tokens and convert them for genuine Bitcoin. The perpetrator subsequently returned approximately 3,400 BTC, though Blockstream declined to compensate for the remaining 598.5 BTC that remains unrecovered.
Nomic encountered a distinct security weakness that remained undetected for an extended period under comparable conditions. All three breaches employed fundamentally identical methodologies—exploiting Bitcoin wrapper platforms to generate excessive tokens purportedly backed by legitimate assets.
As of September 13, Symbiosis has not released a comprehensive technical analysis detailing precisely how the BridgeV2 contract was compromised. No public statement has verified whether the attacker responded to the bounty proposal.
Since its inception approximately five years ago, Symbiosis has facilitated over $10 billion in cumulative transaction volume. The protocol currently maintains around $7 million in total value locked.
Symbiosis, a cross-chain infrastructure provider facilitating asset transfers between multiple blockchains, has reported a major security breach in its Bitcoin bridge. On September 11, 2026, a vulnerability allowed an unauthorized actor to mint approximately 46.1 billion unbacked syBTC synthetic tokens, severely compromising the protocol’s integrity.
Attack exploited BridgeV2 contractThe breach was first detected and publicized by cybersecurity firm Blockaid. Their analysis revealed that the attacker manipulated a flaw in the BridgeV2 smart contract, leading to the creation of synthetic bitcoin tokens—an amount more than 2,000 times greater than Bitcoin’s entire circulating supply. The tokens were subsequently transferred to a new wallet set up by the hacker.
Blockaid identified the creation of close to 46.1 billion syBTC tokens, noting that the exploited tokens had a notional value far surpassing the real-world supply of Bitcoin. Only a small fraction of these tokens could actually be converted for gain.
Despite the immense quantity of syBTC minted, the attacker only succeeded in offloading about 4.39 wrapped bitcoin through Uniswap’s Ethereum-based trading platform. This transaction netted an actual profit of roughly $336,000. The remainder of the fake syBTC held no value in the open market.
After discovering the exploit, Symbiosis suspended all native Bitcoin routing functions. Transfers using EVM-compatible blockchains, as well as TRON and TON, continued to operate normally. The protocol’s Octopools liquidity offering remained active throughout the incident.
Recovery efforts and white-hat offerSymbiosis reported it has recovered approximately 15 bitcoin—valued at about $1.15 million at current prices—in connection to the breach. These assets have been secured in a multisignature wallet under the team’s management.
The project offered the attacker a white-hat bounty equivalent to 20% of the stolen funds, requiring a response by September 13. If the perpetrator declined the offer, Symbiosis committed to pay the same 20% reward to anyone providing information leading to the further recovery of funds.
Symbiosis emphasized that only the Bitcoin bridge was affected, noting that other routing and liquidity pools remained safe. Team representatives confirmed BTC routing remains offline, with third-party integrations making Bitcoin swaps temporarily available again.
Symbiosis is currently in direct discussions with liquidity providers impacted by the incident. The protocol is preparing a compensation plan, with specific guidelines to be announced soon. Bitcoin swapping services have resumed using external platforms Chainflip and THORChain, though Symbiosis’ original bridge infrastructure will stay deactivated until further notice.
Recurring pattern in Bitcoin bridge exploitsThe Symbiosis incident marks the third significant attack on Bitcoin bridge protocols in recent weeks. Similar breaches affected the Liquid Network, managed by Blockstream, and Nomic, both resulting in the creation of synthetic Bitcoin derivatives not backed by reserves.
In the Liquid Network episode, an attacker minted about 4,000 unbacked LBTC, converting some for real bitcoin. Most of those funds, around 3,400 BTC, were eventually returned. Blockstream opted not to cover the loss of another 598.5 BTC that was not recovered.
Nomic’s bridge suffered from a critical flaw that went unnoticed for a significant time, allowing excess token creation under similar circumstances. All three recent attacks exploited comparable weaknesses in platforms designed to wrap Bitcoin, highlighting ongoing risks in decentralized cross-chain protocols.
As of September 13, Symbiosis has not released a full technical breakdown of how the BridgeV2 contract was compromised. There has been no confirmation of any response from the attacker regarding the bounty offer.
Founded around five years ago, Symbiosis has handled more than $10 billion in total transaction volume and currently holds approximately $7 million in total value locked.
Mini dictionary: Symbiosis, founded in 2021, is a cross-chain liquidity and swap protocol enabling users to swap assets across various blockchains without requiring a centralized intermediary. The project uses smart contracts to facilitate these transactions and secure liquidity pools across networks.
Bitcoin’s rebound has lifted sentiment, yet CryptoQuant’s latest research argues that a new bull market has not been confirmed. After a roughly 24 percent advance over two weeks, the BTC price stalled inside a $76,000–$82,000 band and was trading near $77,000 when the firm published its note.
Head of research Julio Moreno described the medium-term trend as still constructive, but said a dense stack of technical and on-chain resistance now sits directly overhead.
The decisive level is Bitcoin’s 365-day moving average, currently near $81,700. In prior cycles, a close above that long-term average has been the historical marker that a bull market has “officially” begun.
Until price clears it with conviction, CryptoQuant says the market is more likely to keep oscillating than to start a sustained expansion.
An earlier September attempt to poke above the average was quickly rejected, reinforcing the importance of a decisive break rather than a brief spike.
Immediately beneath that moving average is a heavy supply zone between $77,100 and $80,200.
On-chain data shows long-term holders sold as much as 539,000 BTC inside that range during a 30-day window this year—the nearest and thickest overhead supply wall.
Those coins can reappear as selling pressure if price revisits the same area, because previous holders may look to reduce exposure near their earlier exit prices.
Absorbing that supply is therefore a prerequisite before higher targets become realistic.
If Bitcoin does reclaim $81,700, two further ceilings come into play. CryptoQuant’s 3x Metcalfe band, a network-activity valuation model based on active addresses, sits near $83,600.
Beyond that, the upper band of traders’ on-chain realized price is around $88,700—a zone where unrealized profits have historically prompted active traders to distribute.
Clearing those successive layers would strengthen the case that a new uptrend is taking hold.
Downside levels are equally mapped. The first technical support is the 200-day moving average near $70,000.
A deeper retreat could test $62,000–$65,000, where long-term holders accumulated about 476,000 BTC earlier this year.
That cluster of buying may cushion selling, though it would still mark a sizable correction from current prices. CryptoQuant’s stance remains cautiously constructive: structure has improved, but confirmation requires demand to digest nearby supply and a close above the 365-day average. Until then, range-bound trading remains the base case.
CoinShares offers a more macro-driven overlay.
Head of research James Butterfill argued that a firmer-than-expected core CPI print raised the odds of a restrictive Federal Reserve stance, including a possible September rate hike, and that this mix can cap Bitcoin’s near-term upside around the $80,000 area.
At the same time, CoinShares framed an “unusual mix”: sticky inflation is a short-term headwind, but the Treasury’s bond-buyback program has struggled to pull down long-end yields.
If that pressure forces a larger policy response later, the firm said it could become a meaningful medium-term catalyst by reinforcing the currency-debasement case that has historically supported Bitcoin.
Recent digital asset ETP flows turning negative after the inflation surprise also fit CoinShares’ view that the market still needs a clearer easing signal before a durable breakout.
Grayscale’s research desk is more constructive on the cycle itself.
Head of research Zach Pandl has said the June low near $58,000 may have marked the bottom, pointing to Bitcoin’s resilience to negative headlines over the summer and a stabilization in large corporate treasury behavior.
In that framing, the current $76,000–$82,000 pause looks less like the start of a new collapse and more like a test of whether the rebound can become a lasting uptrend.
Grayscale’s longer-running thesis still ties higher prices to store-of-value demand, fiscal concerns, and a clearer U.S. regulatory path, even if the firm is cautious about treating every bounce as confirmation.
Taken together with CryptoQuant’s $81,700 threshold, the institutional picture is consistent: the market may have put the worst of the drawdown behind it, but Bitcoin still has to prove it can absorb overhead supply and reclaim the levels that would put ETF holders and other large buyers firmly back in profit.
Bitcoin ETFs shed $463M in weekly reversal as Ether ETFs gain $197MMarketsPublishedSep 14, 2026
ARKB, GBTC and IBIT led Bitcoin ETF withdrawals, while BlackRock’s ETHA pushed Ether ETFs into weekly inflows.
US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in net outflows last week, reversing after three consecutive weeks of inflows, while Ether ETFs moved the other way with nearly $197 million in net inflows.
According to Farside Investors, the withdrawals ran across all four trading sessions from Tuesday to Friday. The outflows followed the strongest three-week inflow run of 2026, which ended after the funds shed $166.8 million in the first two days of the holiday-shortened week.
The selling deepened on Thursday, when US spot Bitcoin ETFs recorded net outflows of $282.7 million, their largest daily withdrawal since July. Friday’s outflow slowed to $13.2 million, but still extended the negative streak to four trading days, according to SoSoValue.
ARK 21Shares Bitcoin ETF led weekly withdrawals with $234.2 million in net outflows, followed by Grayscale’s Bitcoin Trust ETF with $129.1 million. BlackRock’s iShares Bitcoin Trust ETF recorded $52.5 million in net outflows over the week, while Fidelity’s Wise Origin Bitcoin Fund lost $50.7 million.
Despite the weekly reversal, spot Bitcoin ETFs remain in positive flow territory for September, with about $307.3 million in net inflows through Friday.
Ether ETFs record weekly inflowsOn the flip side, US spot Ether ETFs recorded $196.9 million in net inflows over the same four-day period, according to Farside Investors.
The Ether funds had mixed flows earlier in the week, with $24.3 million in outflows on Tuesday, $34.7 million in inflows on Wednesday and $29.9 million in outflows on Thursday. The week turned positive on Friday, when the funds drew $216.4 million in net inflows.
BlackRock’s iShares Ethereum Trust ETF led Friday’s inflows with $148.8 million, followed by 21Shares Core Ethereum ETF, which added $29.1 million.
Magazine: Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
South Korea's dominant crypto exchange, Upbit (@Official_Upbit), recorded 11.2 trillion won in weekly trading volume, equivalent to roughly $8 billion, marking a 6.74% increase from the prior week. The latest data places $XRP at the top of the platform's most actively traded assets, ahead of $BTC in second place and USDT in third.
XRP Leads South Korea's Biggest Exchange The ranking is consistent with a broader pattern on Upbit. The latest weekly figures suggest that trend has carried into 2026.
Upbit's Position in the Korean Market
That regulatory structure helps explain why retail capital repeatedly rotates into $XRP during periods of heightened activity.
Analysts note that concentrated volume does not always translate directly into sustained price moves.
Sources:
Crypto Briefing: Upbit reports $8B weekly trading volume as XRP leads the pack
Fortune Crypto 100: Upbit
CoinDesk: XRP tops Bitcoin and Ether volumes on major South Korean exchanges
PANews, September 14 - According to SoSoValue data, affected by the escalation of the Middle East situation and the continued development of factors such as AI security, the crypto market is generally in a downward trend. The Meme sector led the decline over the past 24 hours by 3.57%, with Cash Cat (CASHCAT) falling 10.36%, Pons (PONS) falling 14.25%, and Niulai falling sharply by 27.82%. Meanwhile, Bitcoin (BTC) fell 0.55% and Ethereum (ETH) fell 1.65%, remaining above $76,000 and $2,400 respectively.
In addition, the DePIN sector stood out, rising 3.49% in 24 hours, with Filecoin (FIL) up 21.43% and Arweave (AR) up 9.41%; the Layer2 sector rose 0.24%, with Lisk (LSK) surging 56.89% within the sector.
In other sectors, the CeFi sector fell 1.35% in 24 hours, with Gate (GT) down 2.45%; the Layer1 sector fell 1.86%, with Zcash (ZEC) down 4.05%; the DeFi sector fell 1.95%, with Jupiter (JUP) down 2.61%; the PayFi sector fell 2.35%, with Monero (XMR) down 4.11%.
The crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiMeme indices rose 5.52%, fell 3.28%, and fell 3.04% respectively.
Crude oil climbed on Monday while crypto and gold sank. Global markets are splitting ahead of Wednesday’s Federal Reserve rate decision.
Brent crude rose 2.75% to $107.48, and West Texas Intermediate gained 2.51% to $102.56. Bitcoin (BTC), gold, silver, and copper all moved the other way.
Oil Prices Rising Ahead of the Fed Decision. Source: TradingEconomicsSupply Shock Lifts Crude Into Fed WeekSaudi Arabia shut its East-West pipeline late last week after drones launched from Iraq damaged it. The route lets the kingdom ship exports without passing through the Strait of Hormuz.
Reuters reported the outage threatens up to 4% of global oil supply. Fresh Houthi strikes on Saudi soil and an attack on a vessel in Hormuz deepened the squeeze.
Yemen’s Houthis also reached Perim island on Friday, tightening their grip on Bab el-Mandeb. That corridor carries 4% to 5% of the global supply.
Crude gained 8% on the week, clearing $100 for the first time since July. The move extends a rally that began in July.
“Looking ahead, unless this week’s talks in Oman produce something operational … the risk is that crude oil continues to extend its gains toward the $119.48 high of early March.” Tony Sycamore, market analyst at IG, in a Sunday note.
Gulf states and Iran had planned to meet in Oman on Monday. Omani Foreign Minister Badr Albusaidi said that the meeting was postponed.
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Hotter-than-expected US inflation data hardened the case for tightening. Traders now price in an 86.3% chance the Fed lifts its target to 375-400 basis points. That reading sat at 59.4% a week ago and 33.9% a month ago.
Fed Rate Hike Odds in September. Source: CME FedWatch Crypto took the hit. Total market capitalization fell 4.32% to $2.62 trillion in 24 hours. Bitcoin traded near $76,718 after a 4.4% weekly slide. Ethereum (ETH) slipped 1.79% to $2,478.43.
Metals offered no shelter. Gold eased 0.22% to $4,340.58, silver lost 0.25% to $64.11, and copper dropped 1.08% to $6.40. The moves echo last week’s gold and crypto selloff.
Crude now trades on supply headlines, while crypto and metals trade on the Fed. Wednesday’s decision will show whether those two forces stay apart.
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Bitcoin is trading at $77,529.59, up 0.6% over 24 hours, as selling pressure remains subdued but a tougher macro backdrop keeps the recovery capped below $80,000. Ethereum sits at $2,513.99, XRP at $1.38, and the broader market is heading into an important week for both stocks and crypto.
A Packed Week Ahead
Markets reopen Monday following comments from AI leaders calling for slower development. Tuesday brings the CLARITY Act’s procedural vote in the Senate, followed by the Fed’s interest rate decision Wednesday, the Bank of England’s decision Thursday, and Japan’s CPI data alongside a BOJ decision and quarterly US options expiration on Friday.
ETF Demand Cooling at Higher Prices
US spot Bitcoin ETFs pulled in $3.34 billion between August 19 and September 4, fueling Bitcoin’s climb from roughly $62,000 to $82,000. But the final four US trading sessions before September 14 saw combined outflows of $462.7 million, a clear sign institutional appetite has softened as prices climbed higher.
On-Chain Data Offers a More Reassuring Signal
Glassnode’s Sell-Side Risk Ratio has dropped to 7 basis points per day from 16 at August’s peak, while long-term holders accounted for just 47% of realized profits, down sharply from 88% in August. Together, that shows older Bitcoin holders aren’t dumping their positions despite the cooling ETF demand.
Fed Decision Looms Large
Vikram Subburaj, CEO, Giottus.com told Coinpedia that the immediate risk is Wednesday’s Fed decision, with markets pricing an 86% probability of a 25-basis-point rate hike. The 10-year Treasury yield is already near 4.97%, and Brent crude has crossed $107, adding inflationary pressure to an already tense setup.
The odds of the CLARITY Act becoming law in 2026 climbed to 31% on Polymarket after Senate Republicans released a revised bill Sunday night, featuring an ethics proposal signed off by Trump and billed as their final offer to Democrats ahead of Tuesday’s vote.
Altcoins Show Mixed Momentum
Gains across altcoins remain uneven heading into the week. Solana is down 3.97% over seven days and BNB has dipped 3.21%, while Ethereum has managed just 0.47% over the same period. With leverage risk elevated ahead of Wednesday’s Fed decision, Bitcoin’s $76,600 support and the deeper $71,000 level offer clearer reference points.
Story Ends Here
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Petrol fiyatları haftaya sert yükselişle başlarken Bitcoin ve değerli metaller yönünü aşağı çevirdi. Brent petrolü %2,75 artışla 107,48 dolara, Batı Teksas petrolü ise %2,51 yükselişle 102,56 dolara çıktı. Aynı saatlerde Bitcoin, altın, gümüş ve bakır geriledi. Piyasalar şimdi çarşamba günkü Fed kararına hazırlanıyor.
Petrol Neden Yeniden Yükseldi? Petrol fiyatlarındaki hareketin arkasında yeni bir arz endişesi bulunuyor. Suudi Arabistan, Irak’tan düzenlenen drone saldırılarında zarar gören East-West petrol boru hattını geçen haftanın sonunda kapattı.
Bu hat, Suudi Arabistan’ın petrol ihracatını Hürmüz Boğazı’ndan geçmeden gerçekleştirmesine imkan sağlıyor. Reuters’a göre hattaki kesinti, küresel petrol arzının %4’üne kadarını riske atabilir.
Buna Yemen’deki Husilerin Suudi Arabistan’a yönelik yeni saldırıları ve Hürmüz Boğazı’ndaki bir gemiye yönelik saldırı da eklendi. Husiler ayrıca cuma günü Bab el-Mandeb bölgesindeki Perim Adası’na ulaştı. Bu güzergâh küresel petrol arzının yaklaşık %4-5’ini taşıyor.
Brent petrolündeki haftalık yükseliş de %8’e ulaştı. Fiyat böylece temmuzdan bu yana ilk kez 100 doların üzerine çıktı.
IG analisti Tony Sycamore, Umman’daki görüşmelerden somut bir sonuç çıkmaması halinde Brent petrolünün mart ayındaki 119,48 dolarlık zirveye doğru yeniden ilerleyebileceğini belirtti. Körfez ülkeleri ile İran arasında Umman’da yapılması planlanan görüşme ise ertelendi.
Fed Faiz Artışı Beklentisi Neden Yükseldi? Petroldeki arz şokuna piyasaların Fed beklentisi de eşlik ediyor. Son enflasyon verilerinin beklentileri aşmasının ardından yatırımcılar, çarşamba günü Fed’in faiz artırma ihtimalini %86,3 olarak fiyatlıyor.
Bu oran bir hafta önce %59,4, bir ay önce ise yalnızca %33,9 seviyesindeydi.
Piyasanın beklentisine göre Fed, politika faizini 375-400 baz puan aralığına çıkarabilir. Böyle bir hamle, yüksek faiz ortamının daha uzun sürebileceğine ilişkin endişeleri artırabilir.
Bitcoin Ve Ethereum’da Son Durum Ne? Faiz beklentilerindeki yükseliş kripto piyasasında da hissedildi. Toplam kripto para piyasasının değeri son 24 saatte %4,32 düşerek 2,62 trilyon dolara geriledi.
Bitcoin 76.718 dolar civarında işlem görürken son bir haftadaki kaybı %4,4 seviyesinde. Ethereum ise %1,79 gerileyerek 2.478,43 dolara indi.
Böylece petrol tarafındaki arz endişeleri büyürken Bitcoin ve diğer riskli varlıklar daha sıkı para politikası beklentisinin baskısıyla karşı karşıya kaldı.
Altın Ve Gümüş Neden Korunamadı? Değerli metaller de piyasadaki dalgalanmadan kaçamadı. Altın %0,22 düşerek 4.340,58 dolara, gümüş %0,25 gerileyerek 64,11 dolara indi. Bakırın kaybı ise %1,08 oldu ve fiyat 6,40 dolara çekildi.
Altın gibi güvenli liman olarak görülen bir varlığın da gerilemesi dikkat çekiyor. Yükselen petrol fiyatlarının enflasyonu artırabileceği endişesi, Fed’in daha sıkı bir politika izleyebileceği beklentisini güçlendiriyor. Bu da faiz getirisi bulunmayan değerli metaller üzerinde baskı yaratıyor.
Çarşamba Günü Piyasalar Ne Bekliyor? Piyasalar aynı anda iki farklı hikâyeyi fiyatlıyor. Petrol tarafında savaş ve arz kesintileri nedeniyle yeni bir fiyat şoku riski bulunuyor. Bitcoin ve metaller ise Fed’in daha yüksek faiz politikasına ilişkin beklentileri takip ediyor.
Bu ayrışma çarşamba günü daha net görülebilir. Fed’in faiz kararı, piyasanın enflasyon ve petrol şokuna nasıl tepki vereceği konusunda belirleyici olacak. Faiz artışının yanında Fed Başkanı Kevin Warsh’ın vereceği mesajlar da Bitcoin, altın ve diğer riskli varlıkların yönü açısından yakından izlenecek.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
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Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
3 hours ago
Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.
According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.
3 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
3 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
3 hours ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
3 hours ago
Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
2 hours ago
Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.
According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.
2 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
2 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
2 hours ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
2 hours ago
Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
The altcoin market is seeing a major shift after the August rally. Ethereum [ETH] has fallen about 2% despite bullish developments. In the past week alone, Bitmine added 28,086 ETH, bringing its treasury to nearly 4.9% of Ethereum’s supply.
At the same time, Spot ETH ETFs also saw $218 million in inflows. Meanwhile, Vitalik Buterin came up with an EIP-8141 proposal, which aims to simplify stablecoin transactions by reducing users’ need to hold ETH specifically for gas fees.
Joining the trail, Solana [SOL] dropped 4% despite activating its Transaction V1 upgrade, which improves its ability to handle larger and more complex DeFi transactions.
DeFi Development Corp. also raised $11 million to buy SOL, adding potential institutional demand. However, spot SOL ETFs recorded modest outflows, while broader market weakness kept pressure on the token.
Other altcoins that saw a dip Ripple’s XRP faced a even more sharper decline depsite RLUSD’s market cap surpassed $2.3 billion. Additionally, Binance Chain [BNB] fell 1.5%, although BNB Chain strengthened its position in tokenized assets.
It now holds approximately $1.267 billion in tokenized stocks, or 44.6% of the market, ahead of Ethereum and Solana. Jupiter’s JUP fell just 0.7% as it expanded into tokenized assets.
Altcoins that surged during the same period However, not all altcoins saw a dip, as Tron [TRON] gained 2.7%, helped by Canary Capital launching TRXS, the first spot-staked TRON ETF.
Aptos [APT] surged 6.4%, driven largely by Bitwise filing an S-1 for a potential spot Aptos ETF, raising expectations for greater institutional access to APT.
Kaspa [KAS] was the strongest performer, surging 23% as its circulating supply approached 96.5% of its hard cap, reducing concerns about future supply dilution.
The altcoin season index supports Bitcoin This comes on the heels of the altcoin season index, which was sitting at 40 at press time, which indicates the market is still leaning toward Bitcoin [BTC] season rather than altcoin season.
Source: CoinGlass Well, AMBCrypto’s recent report also shows altcoin Open Interest has surpassed Bitcoin’s for the first time since December 2024, signaling aggressive leveraged positioning.
This comes as Bitcoin was trading at $76,751.69 after a modest drop in the past 24 hours but a hike of over 22% in the past month.
Is Bitcoin dominance confusing investors? Meanwhile, Bitcoin dominance stands at 59.29%, up 0.18%, showing that Bitcoin continues to command a strong share of the overall crypto market.
Source: Trading View The steady rise in dominance suggests capital is still favoring BTC over altcoins, reinforcing the current Bitcoin season trend.
However, with Bitcoin dominance again testing the key 60% resistance, weak trading volumes and renewed macro uncertainty could trigger another rejection, potentially paving the way for a September-like altcoin rally. However, the signal remains unconfirmed until altcoins break through key resistance levels.
Final Summary Altcoins like Ethereum, Solana, Ripple, and Jupiter dropped after their August rally. Tron, Aptos, and Kaspa surged during the same period, but the altcoin index was at 40.
