Track market-moving stories before they get noisy

On Friday, the 4th of September, Bitcoin [BTC] experienced a 2.98% price dip from $81,340 to $78,915 in just over two hours. The price move came after the U.S. jobs report came in stronger than expected.

This made a Federal Reserve rate cut less likely, and a rate hike more feasible. It helped explain the minor Bitcoin pullback, but does not negate the upward momentum Bitcoin has shown over the past three weeks.

The Fed’s decision later in September will likely impact crypto price trends. The Clarity Act vote scheduled for mid-September could be pushed to November as the House leadership cancelled the final two weeks of September.

Bitcoin faces profit-taking threat In these uncertain conditions, Bitcoin was skirting the edge of a major long-term supply zone. The $82k area was last visited in May, provoking a strong sell-off back then.

Source: Santiment The 6-month holder MVRV was at 13.10%. This metric had moved above 10% back in October 2025, when Bitcoin was making all-time highs. The high MVRV readings meant that 180-day holders were, on average, profitable.

The 180-day mean coin age has been trending lower since May. It signaled distribution among medium-term holders. While it showed profit-taking, the 2-year dormant circulation was relatively quiet. Long-term holders aren’t yet selling en masse.

Overall, there is some threat of distribution and a reversal. The metrics do not confirm a bull run, but do show that sustained accumulation and demand are needed to shift the market regime.

Liquidity threat looming? Source: CryptoQuant There was one warning sign to pay attention to. In a post on CryptoQuant Insights, XWIN Japan pointed out that the exchange stablecoins ratio on Binance has climbed to the highest level in 2026.

The metric is a measure of BTC reserves against stablecoin reserves. An increasing stablecoin ratio reveals a dominant BTC supply compared to stablecoin supply.

An immediate price correction is not mandatory, but the reduced buying capacity in the market could hurt BTC’s chances of breaking out past the $82k key resistance.

Final Summary September can be a pivotal month for Bitcoin, especially as the price approaches a vital overhead supply zone. The high profitability among medium-term BTC holders, combined with a possible decline in buying power, could affect the recent upward momentum.

On September 4, 2026, on-chain monitor Specter flagged a coordinated drain targeting more than 600 wallets suspected to be linked to the GoMining hack, the Bitcoin mining and rewards platform.

Combined losses total approximately $2.8 million. Attackers moved fast, swapping and bridging stolen assets across multiple chains before consolidating everything into roughly 1,147 ETH.

What Happened: A Tagged Service Wallet, 600+ Addresses, One Exit Route The bulk of the damage came from a single wallet. A service address tagged on-chain as GoMining lost approximately $2.79 million, almost the entire haul in one hit.

The remaining losses spread across 600-plus other addresses. Most of those wallets had one thing in common: a prior history of holding GMT, the platform’s native token for mining allocation and ecosystem access.

That shared token history is what led Specter to cluster them together.

That said, holding GMT alone does not confirm platform affiliation for every address. The link between the drained wallets and GoMining remains on-chain inference, not company confirmation.

The suspected theft address, 0xa73…4704, was flagged by CoinGabbar as the destination point of the initial drain.

Once the wallets were emptied, the attacker followed a pattern now familiar in 2026’s cluster exploits. Stolen tokens were swapped across assets, bridged across multiple networks, then settled as ~1,147 ETH.

Cross-chain movement of this kind is designed to slow tracing. However, on-chain analytics firms like Specter can often follow the trail as it consolidates.

What Investors Should Watch: GMT Demand, Bitget Pause, and an Unanswered Question GoMining is no longer a niche cloud-mining app. Its 2026 product stack includes NFT miners, Simple Earn, Instant Funds, GoBTC Pay, and the GMT utility token, a full ecosystem pitch to retail investors.

First: was this user self-custody, platform infrastructure, or both? Second: does GoMining’s GMT token face demand pressure if users now treat ecosystem wallets as a security risk?

Third: does Bitget’s concurrent GOMINING-ETH deposit and withdrawal suspension, announced on September 5, 2026, at 07:28 UTC+8, citing “wallet maintenance”, point to a coordinated containment effort?

A GoMining ambassador account separately noted on X that withdrawals were blocked and that GMT had sold off.

The account argued the platform was large enough to absorb the hit. That is community color, not official guidance.

Until GoMining issues a statement, markets are pricing this as unconfirmed operational risk, not a proven protocol exploit. Watch GoMining’s official X account for any first response.

This incident fits a wider 2026 pattern. Earlier this year, a mystery exploit drained hundreds of EVM wallets in a similarly coordinated sweep.

Around the same time, Humanity Protocol suffered a private-key compromise that triggered a sharp token crash.

In each case, fast multi-chain consolidation into ETH was the attacker’s chosen exit, the same playbook visible here.

For background on GoMining’s recent growth push, former Kraken CEO Tal Cohen joined the platform’s advisory board earlier in 2026.

The platform also launched its GoBTC Pay SDK to bring native Bitcoin payments into everyday commerce.

Those growth signals now sit alongside an unresolved GoMining hack allegation that the company has yet to address publicly.

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DASH follows suit in terms of daily gains, jumping by over 25% daily.

Bitcoin’s price reacted immediately to the stronger-than-expected US jobs report on Friday, plunging from a multi-month high of over $82,000 to under $79,000 before it found some support.

Red dominates the larger-cap alts’ charts, with XRP dropping back to $1.40, ETH losing the $2,500 level, and XMR plunging by over 5%. BNB stands in the opposite corner with a 4.5% surge.

BTC Halted at $82K The primary cryptocurrency faced a similar fate last Friday when it jumped to $81,500 only to be rejected and driven south to under $77,000 after the hawkish speech by Fed Chair Kevin Warsh at Jackson Hole. However, it rebounded during the weekend and even tapped $79,000 on Sunday.

The resumed military actions in the Middle East brought another leg down on Monday morning, with BTC slipping to $77,000 again. The bulls managed to defend that level again, and the cryptocurrency remained stuck between that lower boundary and the upper one at $79,000 for a few days.

The breakout began on Thursday when the asset surged past the latter level and kept climbing on Friday morning. The peak came at $82,400, which became BTC’s highest price tag in three and a half months. Although it was stopped there, it remained above $81,000 before the aforementioned jobs report went live and plunged immediately after it made the headlines to just under $79,000.

It has rebounded to $79,600 since then, with its market cap standing close to $1.6 trillion on CMC. Its dominance over the alts has retreated slightly to 59.45%.

BTCUSD September 5. Source: TradingView PONS Keeps Rocking The new rockstar of the altcoin space, PONS, is once again the top performer, surging by 30% in the past 24 hours to a new all-time high of almost $0.90. DASH follows suit, skyrocketing by 25% to over $65.

Binance Coin is up by 4.5%, being the biggest gainer among the larger caps, and now sits at $750. NEAR has gained 11% and is above $2.25. DOT, TAO, and LTC are also well in the green.

In contrast, ETH is down by 2.5% to $2,450, XRP has slipped by almost 3% to $1.40, and XMR is down by 5% to $525. RAIN, HYPE, and ADA are also in the red.

Cryptocurrency Market Overview September 5. Source: QuantifyCrypto Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Bitcoin price fell back below $80,000 after stronger-than-expected US employment data lifted Federal Reserve rate-hike expectations, while technical charts showed the rally had already met resistance near $82,500.

Summary

Bitcoin price traded near $79,600 after retreating from an intraday high around $81,370. US employers added 162,000 jobs in August, while unemployment remained unchanged at 4.1%. Daily resistance stands near $82,500, with 4-hour Supertrend support around $78,190. Liquidation clusters near $80,000 and $82,000 could shape Bitcoin’s next short-term move. Bitcoin price falls below $80,000 According to data from crypto.news, Bitcoin (BTC) price traded near $79,600 at the time of writing, down about 1.5% over 24 hours. The asset had reached an intraday high near $81,370 before sellers pushed it as low as $78,723.

The pullback followed an earlier rally that carried Bitcoin above $82,000, its highest level since May. Buyers failed to sustain that move, leaving the price below a major resistance zone visible on the daily chart.

Bitcoin’s daily candle showed the asset trading near $79,613 after touching a session high of $79,763. The price remained below horizontal resistance at approximately $82,504, a level that also sits close to the May swing high.

The rejection interrupted a sharp recovery from the August range near $62,500. Bitcoin gained roughly 30% during that advance and broke above several previous lower highs, but the $82,000–$82,800 region has stopped two recent attempts to extend the rally.

Strong US jobs data triggered the pullback The US Bureau of Labor Statistics reported that nonfarm payroll employment increased by 162,000 in August, well above the average monthly gain of 31,000 recorded over the previous 12 months. The unemployment rate held at 4.1%.

Employment increased by 59,000 in food services and drinking places, while local government education added 42,000 jobs. The information sector lost 23,000 positions.

The report led traders to raise the probability of a Federal Reserve rate increase at its Sept. 15–16 meeting. According to Reuters, the implied probability rose to 61% from 52% before the employment data.

Citigroup consequently moved its forecast for the Fed’s next rate cut to June 2027 from October 2026. Higher rate expectations also pushed Treasury yields upward and supported the dollar, creating pressure on non-yielding and risk-sensitive assets.

Analyst Rain said the employment report was the immediate trigger for Bitcoin’s decline, but argued that the technical setup preceded the release. Rain noted that BTC had been rejected around $82,400 several hours before the data arrived.

The analyst said the strong jobs reading removed part of the Fed’s case for lowering rates, forcing markets to reprice the probability of tighter policy rather than changing Bitcoin’s longer-term investment case.

Bitcoin technicals keep $82,500 in focus Bitcoin’s daily relative strength index stood at 66.28, below the overbought threshold of 70. The RSI had recently moved above 70 during the rally but turned lower as the price struggled below resistance, showing that upward momentum had cooled.

Bitcoin price daily chart — Sep. 5 | Source: crypto.news The Aroon indicator offered a more constructive signal. Aroon Up measured 85.71%, compared with an Aroon Down reading of 7.14%, indicating that recent highs remain more influential than recent lows despite the pullback.

On the 4-hour chart, Bitcoin continued to trade above the Supertrend line at $78,190. The indicator remains bullish while the price holds above that level, making the $78,000–$78,200 area the first technical support zone.

Bitcoin price 4-hour chart — Sep. 5 | Source: crypto.news The 4-hour Chaikin Money Flow reading of 0.19 also remained above zero. The indicator points to net buying pressure over its measurement period, although it does not rule out another short-term test of support.

A daily close above $82,504 would clear the immediate resistance and weaken the bearish rejection setup. Reuters’ technical analysis identified the broader May resistance near $82,793 and said a confirmed breakout could expose $90,000, followed by Bitcoin’s 2026 peak near $97,867.

Failure to defend the 4-hour Supertrend would shift attention to approximately $77,000. Below that area, the next visible supports sit near $75,700 and $71,800.

Liquidation heatmap shows pressure on both sides The one-week CoinGlass liquidation heatmap showed a dense concentration of leveraged positions close to $80,000. Another large liquidity band appeared between roughly $81,800 and $82,300, placing potential short liquidations directly below the daily resistance area.

Bitcoin liquidation heatmap | Source: CoinGlass A move through $80,000 could therefore draw the price toward the upper cluster, although heatmap levels identify estimated liquidation concentrations rather than guaranteed price targets.

On the downside, the strongest nearby pool appeared around $78,000, with additional concentrations between $76,000 and $77,000. Losing $78,000 could expose leveraged long positions and accelerate a drop toward the lower liquidity bands.

The location of those clusters leaves Bitcoin between competing liquidation zones. The $78,000 support and $82,000 resistance areas could produce sharper moves if either side gives way.

Analysts warn of a possible Bitcoin bull trap Trader Gerla said Bitcoin’s structure has improved, but warned that momentum has repeatedly reversed after the daily RSI entered overbought territory during the current cycle.

Gerla identified $82,000–$84,000 as the invalidation area for the bearish setup. According to the analyst, a strong close above that range, supported by high trading volume, would reduce the risk that the latest rally is a bull trap.

Until such a breakout occurs, the analyst sees a risk that another rejection could force leveraged buyers out of the market and produce a larger correction.

US inflation data now provides the next major test. The August consumer price index is scheduled for Sept. 11, five days before the Fed’s rate decision. A hotter reading could reinforce expectations of a hike, while softer inflation could lower those odds and give Bitcoin another opportunity to challenge $82,500.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

13h05 ▪ 5 min read ▪ by Luc Jose A.

Summarize this article with:

Over the past three weeks, Bitcoin ETFs have captured approximately 3.8 billion dollars. This is their best performance since the beginning of this year. In the last week, they attracted an additional 986.9 million dollars despite a withdrawal. This recovery thus confirms the return of institutional demand, although it has not yet offset all the outflows recorded since January.

In Brief Bitcoin ETFs attract nearly 3.8 billion dollars in three weeks. BlackRock and Fidelity concentrate the inflows recorded on Friday. Flows remain positive despite Bitcoin falling below 80,000 dollars. Funds are redirected towards Bitcoin, while Ethereum and XRP ETFs slow down. Three Weeks Erase a Large Part of 2026 Outflows In the week that ended on September 4, Bitcoin ETFs recorded inflows of 986.9 million dollars. This result exceeds the inflows of the previous week by nearly 7%.

The total thus amounts to approximately 3.8 billion dollars over three weeks. However, ETFs still display nearly one billion dollars of outflows since the start of the year. The current recovery has therefore significantly reduced the deficit without completely erasing it according to SoSoValue data.

The key statistics reveal the importance of capital inflows :

Inflows reached 986.9 million dollars in the last week ; The total for the past three weeks is nearly 3.8 billion ; Net inflows since launch are around 55.6 billion ; Net assets held by funds amount to 101.3 billion ; The 2026 balance remains negative by about one billion dollars. About 1.92 billion was collected in the first week of this streak. Nearly 924 million dollars were added in the following weekly period, and then 986.9 million during the last. This consistency distinguishes the current sequence from a simple exceptional day.

BlackRock Captures Two Thirds of Friday’s Inflows On September 4, ETFs captured 174.6 million dollars. This amount remains significantly lower than the 730.8 million attracted the previous day, yet it allows the category to close the week with a second consecutive positive session.

BlackRock’s IBIT ETF received 117.4 million dollars, or nearly 67% of the daily total. Fidelity’s FBTC reported 57.2 million dollars. As for other funds, they recorded no net inflows or outflows during the session, according to the Farside Investors table.

This dominance by BlackRock is also visible in cumulative data. IBIT has totaled over 64 billion dollars in inflows since its launch. Fidelity is just behind with nearly 10.3 billion dollars.

This concentration means that a significant share of demand still depends on two large funds. On Friday, IBIT and FBTC provided all the category’s positive flows.

Inflows Increase Despite Bitcoin Falling Below 80,000 Dollars Bitcoin dropped from nearly 81,200 dollars to less than 79,000 dollars during Friday’s session. Afterwards, it moved around 79,700 dollars. However, it maintained a weekly gain close to 2.6%.

ETFs therefore continued to attract capital despite the price drop. This divergence may indicate that some investors use the decline to consolidate their exposure. However, it does not guarantee an immediate price recovery.

This distinction is illustrated by the total valuation of assets held by ETFs. From Thursday to Friday, it fell from 103.3 billion to 101.3 billion dollars, even as funds collected 174.6 million dollars. Bitcoin’s drop reduced asset valuations faster than new capital increased them.

Thus, net flows measure subscriptions and redemptions of shares. Assets also account for Bitcoin price changes. An increase in inflows does not immediately trigger a corresponding rise in assets under management.

Funds Move Away from Ethereum and XRP ETFs For Bitcoin ETFs, demand has consolidated, however it has fundamentally slowed down for other crypto products. Ethereum ETFs recorded only 218.4 million dollars in the week, compared to 824.4 million the previous week. This drop is close to 74%.

Inflows in XRP ETFs fell from 110.5 to 19 million dollars, or a drop of nearly 83%. Despite this slowdown, both categories remain positive since January. Ethereum products have accumulated nearly 863 million dollars of inflows this year, compared to 515 million for those dedicated to XRP.

The current movement thus signals a rotation of capital towards Bitcoin. For confirmation of a durable trend, Bitcoin ETFs need to maintain positive inflows and erase the one billion dollar outflow still accumulated since the start of this year.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

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.

US spot Bitcoin ETFs pulled in $175 million in net inflows on September 4, while their Ethereum counterparts added $26.46 million.

Breaking down the September 4 numbers The $175 million flowing into spot Bitcoin ETFs on September 4 represents a solid if unspectacular day for the product category. For context, these funds saw approximately $731 million in net inflows just one day earlier on September 3, which marked the largest single-day haul since January 14, 2026.

BlackRock’s IBIT has consistently dominated the flow picture. On September 3, the fund alone attracted roughly $454 million, accounting for about 62% of total Bitcoin ETF inflows that day.

On the Ethereum side, the $26.46 million in inflows on September 4 came after a much stronger showing on September 3, when Ethereum ETFs collectively gathered around $141 million. BlackRock’s ETHA led that earlier session with $72.07 million, followed by Fidelity’s FETH at $65.11 million. Grayscale’s ETHE recorded a modest $6.07 million outflow on September 3.

Combined, Bitcoin and Ethereum ETFs attracted over $200 million on September 4, adding to the roughly $872 million they pulled in the day before.

The bigger picture on cumulative flows Bitcoin ETFs have now accumulated approximately $55.44 billion in cumulative net inflows since their January 2024 launch. Total assets under management across the category sit around $103.34 billion, representing roughly 6.3% of Bitcoin’s entire market capitalization.

Ethereum ETFs have reached about $13.17 billion in cumulative net inflows with total AUM of approximately $15.92 billion, representing about 5.2% of Ethereum’s market cap.

The September 3 data marked a notable reversal. Just two days prior, on September 1, Bitcoin ETFs had experienced $236.5 million in outflows.

What’s driving the demand Bitcoin trading above $80,000 and Ethereum clearing $2,500 coincided with the recent inflow surge. Market observers have pointed to dovish commentary from Federal Reserve Governor Christopher Waller as one catalyst behind the recent risk-on mood.

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

In this week’s edition of the weekly recap, Polymarket pursued a $1 billion funding round at a proposed $21 billion valuation, while Cronos reversed its blockchain after a $75 million exploit. U.S. spot Bitcoin ETFs also posted their strongest daily inflow since January as BTC briefly crossed $82,000.

Summary

Polymarket’s planned $1 billion round would value the prediction market platform at $21 billion. Cronos validators reversed the blockchain after a Tectonic exploit affected about $75 million in assets. U.S. spot Bitcoin ETFs recorded $730.8 million in net inflows on Sept. 3. FinCEN linked $12.7 billion in transactions to Southeast Asian crypto investment scams. The National Sheriffs’ Association withdrew its opposition to the CLARITY Act before a Senate vote. Polymarket seeks $1 billion at $21 billion valuation Donald Trump Jr.’s 1789 Capital agreed to lead a planned $1 billion Polymarket funding round with an investment of roughly $300 million. The transaction would value the prediction market platform at $21 billion, up from nearly $15 billion. The planned investment would bring 1789 Capital’s disclosed Polymarket commitments to about $500 million. Polymarket returned to the U.S. through its $112 million acquisition of CFTC-licensed QCEX after restricting American users under a 2022 settlement. Cronos reverses chain after $75 million exploit Cronos rolled back its blockchain following an exploit involving the Tectonic lending protocol and about $75 million in assets. Validators reverted the network to a point before the attack after initially halting block production. RedStone said the incident did not result from an oracle failure, challenging early claims about the exploit’s cause. The rollback restored the earlier network state but also raised questions about transaction finality and validator control. Bitcoin ETFs draw $731 million as BTC reverses U.S. spot Bitcoin ETFs recorded $730.8 million in net inflows on Sept. 3, their strongest daily result since January. The inflow followed renewed institutional demand after an earlier period of withdrawals. Bitcoin briefly climbed above $82,000 before stronger-than-expected U.S. employment data lifted Treasury yields and reduced expectations for easier Federal Reserve policy. BTC subsequently erased its daily gains and returned to the $79,000 range. FinCEN traces $12.7 billion to crypto scams The Financial Crimes Enforcement Network linked about $12.7 billion in transactions to suspected Southeast Asian crypto investment scams between 2020 and 2025. FinCEN said criminal networks used fraudulent investment platforms, social engineering, and forced-labor compounds to target victims. The agency asked U.S. financial institutions to monitor shell companies, rapid stablecoin transfers, and payments to platforms introduced through unsolicited online relationships. CLARITY Act loses law enforcement opponent The National Sheriffs’ Association withdrew its opposition to the CLARITY Act and adopted a neutral position before the Senate’s scheduled Sept. 15 procedural vote. The group had raised concerns about anti-money laundering rules covering DeFi platforms and non-custodial software. Neutrality does not amount to endorsement, but the change removes an active source of law enforcement opposition as supporters seek the 60 votes needed to advance the bill. Strategy buys 4,603 Bitcoin Strategy purchased 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30, returning to accumulation after more than two months without a confirmed purchase. The company paid an average of $80,318 per Bitcoin and raised the acquisition funds through sales of MSTR shares. Its total holdings reached 845,050 BTC, acquired for approximately $63.73 billion at an average cost of $75,412 per coin. Banks commit to joint stablecoin company Bank of America, Citi, Goldman Sachs and 18 other financial institutions committed to forming a stablecoin company during the second half of 2026, subject to closing conditions. The consortium plans to launch a U.S. dollar stablecoin in the first half of 2027 and may later issue tokens tied to other G7 currencies. The group has not disclosed the token’s name, blockchain, reserve custodian or final redemption model. SEC proposes tokenized securities recordkeeping rules The Securities and Exchange Commission proposed its first major transfer-agent rule overhaul in more than four decades as tokenized securities enter regulated U.S. markets. The proposal would update registration, recordkeeping, transfer processing, and asset-protection requirements. Blockchain-based transfer agents would face controls covering digital records, cybersecurity, audit trails, and business continuity. Public comments will remain open for 60 days after Federal Register publication. ICE taps tZERO for NYSE tokenization platform Intercontinental Exchange agreed to invest in tZERO and license its blockchain patents as the companies develop infrastructure for a planned NYSE-affiliated tokenized securities platform. tZERO will assist with transfer-agent and broker-dealer systems intended to support onchain issuance, trading, and settlement. ICE did not disclose its investment, while the proposed round-the-clock trading platform still requires regulatory approval. Fairshake retains $122 million for U.S. elections Crypto industry-backed super PAC Fairshake entered the final stage of the 2026 U.S. election cycle with $122 million available after supporting nearly 50 successful primary candidates. Fairshake and its affiliates have backed candidates from both parties, including several lawmakers who supported digital asset legislation. The group’s largest primary defeat followed more than $10 million in spending against Illinois candidate Juliana Stratton. Coinbase files for U.S. stock perpetuals Coinbase filed two SEC notices as it works with U.S. regulators to introduce perpetual futures tied to individual public companies. The planned contracts would offer continuous stock-price exposure without giving traders ownership of the underlying shares. The filings do not constitute regulatory approval, and Coinbase has not announced a launch date or list of supported companies. Revolut receives conditional U.S. bank approval Revolut secured conditional approval from the Office of the Comptroller of the Currency to establish a national bank in Stamford, Connecticut. The fintech plans to contribute about $95 million in initial capital and aims to open the bank in the first half of 2027. Planned products include deposits, cards, loans, foreign exchange, and a stablecoin, although FDIC, Federal Reserve, and final OCC approvals remain outstanding. Chainlink takes U.S. economic data onchain Chainlink introduced U.S. economic data feeds on 10 blockchains through the Department of Commerce’s blockchain data program. The feeds distribute Bureau of Economic Analysis indicators for use in smart contracts and financial applications. The rollout followed an earlier initiative that published U.S. gross domestic product data across nine networks, including Bitcoin, Ethereum, and Solana. Russia opens regulated crypto trading Russia’s comprehensive framework for crypto trading, custody and cross-border settlements took effect on Sept. 1 under Bank of Russia supervision. Non-qualified investors can purchase up to 300,000 rubles of eligible crypto annually through each intermediary after passing a test. Qualified investors face no equivalent purchase cap. Crypto remains prohibited for domestic payments but can be used for foreign trade settlements. Robinhood and AMC clash over stock tokens AMC Entertainment CEO Adam Aron objected to Robinhood’s token linked to AMC shares, arguing that the company had not authorized the product. The dispute later escalated into a legal threat after Robinhood refused to withdraw it. Robinhood’s stock tokens target eligible customers outside the United States and do not carry the same ownership or voting rights as registered shares. The conflict added pressure for clearer rules governing tokenized equity products.

Bitcoin Failed To Mount A Convincing Recovery After Quick Drop

Bitcoin’s institutional demand has become one of the strongest signals behind September’s crypto market. US spot Bitcoin ETFs recorded roughly $3 billion in net inflows across a nine-day streak before a brief outflow interrupted the run.

This matters for crypto presale news because stronger Bitcoin demand can improve market confidence and liquidity. MemeToro enters that environment in Stage 7, but high Bitcoin dominance suggests any move into smaller projects may remain selective rather than market-wide.

Bitcoin ETF Demand Supports the Crypto Presale Outlook The roughly $3 billion ETF streak was the strongest run reported during 2026. After a $202 million outflow interrupted the sequence, inflows returned with roughly $217 million on August 31.

Bitcoin has since pushed toward $81,000 to $81,200. It is holding above its EMA20, EMA50, and EMA200, while Strategy has resumed corporate Bitcoin purchases with a roughly $370 million investment.

These signals suggest large investors remain interested in BTC.

For a crypto presale update, the link is indirect but important. When Bitcoin rises on strong institutional demand, traders can become more willing to consider higher-risk opportunities elsewhere in the market.

However, the current environment is not a confirmed altcoin season.

Bitcoin dominance remains around 59%, while earlier Altcoin Season Index readings stayed below the 75 level normally used to declare broad altcoin leadership.

This suggests liquidity may move selectively into certain narratives rather than lifting every presale equally.

MemeToro Enters Stage 7 During Stronger Sentiment MemeToro’s latest presale dashboard shows $118,562.95 raised toward a $156,312.74 Stage 7 target. The current $MT price is $0.00430.

That timing could help MemeToro if stronger Bitcoin conditions encourage investors to explore smaller assets.

The project is also positioned within two narratives that could attract selective capital: AI and memecoins.

Rather than launching only a standalone meme token, MemeToro is developing an AI-powered launch system on BNB Chain. Its agent is designed to scan trends, generate memecoin concepts, and move validated ideas toward structured launches.

Its wider process follows Propose, Verify, Fund, and Launch.

That creates a product-led argument for considering MemeToro a best crypto presale to watch, particularly if the 2026 market continues rotating toward AI-integrated projects rather than entering a broad altcoin rally.

Bitcoin Greed Could Also Create Short-Term Risk ETF inflows do not mean Bitcoin will rise in a straight line. BTC’s daily RSI has reached about 72.4, placing the market in overbought territory.

The Fear & Greed Index is also at 74, or Greed.

Both indicators show strong demand, but they also suggest traders have become increasingly optimistic. A Bitcoin pullback could reduce appetite for speculative presales, especially if investors move back toward larger assets.

That makes risk management important when reading crypto presale news.

MemeToro does have several project-specific factors that could help separate it from general market momentum:

Three displayed security reviews from Coinsult, BlockSAFU, and SOLIDProof give buyers additional sources for contract due diligence. Fixed-rate funding gives participants the same round price without separate insider tiers. Launch manifests publish supply, price, caps, reasoning, and evidence before funding begins. Deterministic validation checks allocation and funding rules before proposals move forward. These features cannot protect $MT from broader market volatility.

Still, if Bitcoin’s institutional demand continues and liquidity begins rotating selectively toward AI and memecoin infrastructure, MemeToro enters September with a clearer catalyst than Bitcoin momentum alone.

FAQs How much entered Bitcoin ETFs during the streak? US spot Bitcoin ETFs recorded roughly $3 billion in net inflows over nine consecutive days before the streak was interrupted.

Could Bitcoin ETF inflows help MemeToro? They could improve overall risk appetite, but there is no direct link guaranteeing that Bitcoin ETF money will flow into MemeToro.

What is MemeToro’s latest Stage 7 data? The latest dashboard shows $118,562.95 raised toward $156,312.74, with $MT priced at $0.00430 and a displayed launch price of $0.05186.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

YouTube: https://www.youtube.com/watch?v=gY0jgWy_DtA

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A data extortion crisis in Berlin has escalated after the Rhysida ransomware group published approximately 1.4 million files stolen from the city’s network, following Berlin’s refusal to pay a demand of 30 bitcoin—valued at around €2 million. The files were made available for download on the group’s leak site after the authorities let the auction deadline expire without payment.

Berlin’s Refusal and the Public Data DumpAuthorities in Berlin confirmed they would not pay the ransom, despite heavy pressure created by Rhysida’s public countdown and subsequent public posting of government data. Initial links to the leak site were unavailable, but German media outlets reported that downloads became accessible within an hour after the auction ended.

The dump consisted of files organized in several packages, containing what appeared to be personnel records, reports, and administrative documents. The content included staff evaluations, job references, tender-related documents, and other sensitive office records. While officials had not confirmed the authenticity of every file, reporting suggested the material was substantial and live for browsing.

Berlin Senate officials stated, “Security staff and IT forensic teams are now reviewing the released data packages, and anyone identified as affected will be notified according to legal requirements.”

Residents who feared their information might be misused were urged to contact police. The ongoing investigation is led by the Berlin public prosecutor’s office, state criminal police (LKA), and the Federal Office for Information Security (BSI).

Details of the Rhysida Attack and DemandsRhysida claimed to have exfiltrated nearly 5.8 terabytes of data from Berlin’s systems during an attack in August. Ransomware groups like Rhysida typically operate by encrypting and stealing data, then threatening to leak it if their demands are not met. In this case, 30 bitcoin was set as the unlocking price, and failure to pay culminated in a public leak.

The files reportedly included city contracts, fine records, login credentials, and documents relating to court cases and critical systems. Berlin’s governing mayor Kai Wegner stressed the city’s refusal to accept blackmail, while authorities highlighted the group’s prior attacks in Europe and the United States and raised—but did not confirm—the possibility of Russian involvement.

Ransomware incidents such as this, with massive data exposure following refusal to negotiate, represent a common strategy among professional ransomware organizations operating under affiliate models.

Mini dictionary: Rhysida — A ransomware group known for high-profile cyberattacks against government and institutional networks, employing tactics such as public auctions and large-scale data leaks to pressure victims into paying cryptocurrency ransoms.

Risks and Security WarningsJoachim Selzer, spokesperson for the technology advocacy group Chaos Computer Club, warned that the breach could lead to identity theft, as small administrative details can be exploited for impersonation. The widespread availability of the files means that even individuals with basic technical skills could access personal or official data, increasing the risk of fraud and phishing.

The exposure of internal memos, payroll records, and cleartext passwords could make it significantly easier for malicious actors to steal identities or launch targeted attacks, according to Selzer.

Security specialists in Germany have generally supported the city’s decision not to pay the ransom. They argued that refusing payment discourages further attempts by ransomware groups, but also acknowledged the resulting harm to those whose sensitive data is compromised.

DetailBefore LeakAfter LeakRansom Demand30 BTC (€2 million)UnpaidFile AccessPrivate auctionPublic downloadFiles ReleasedSecured by city~1.4 million files leakedOngoing Investigation and Broader ImplicationsThe breach has prompted an extensive digital forensic review, with teams working to identify those affected, assess the scope of the leak, and mitigate potential misuse of the information. Authorities advised public vigilance and instructed anyone noticing fraudulent activity related to their data to file a police report.

For cybersecurity experts, the episode highlights the operational shift enabled by cryptocurrencies, making ransom payments more accessible, while public leak sites allow threat actors to escalate pressure on victims and maximize exposure after negotiations fail.

Berlin now faces the complex task of addressing the consequences of this leak—verifying the contents, resetting compromised credentials, tracking misuse, and supporting affected individuals—against a backdrop where refusal to pay has immediate and widespread repercussions.

Bitcoin’s move above $81,000 has created a stronger setting for early-stage crypto projects, but the rally is starting to look stretched. BTC’s daily RSI has reached 72.4, placing it in overbought territory.

Against this backdrop, MemeToro has moved beyond $118,500 in Stage 7. That combination makes it a best crypto presale to watch as investors balance rising market confidence against the possibility of short-term Bitcoin volatility.

Bitcoin Greed Creates Opportunity and Risk Bitcoin is trading around $81,000 to $81,200 after climbing from roughly $76,000 to $78,000 earlier in September. BTC is also trading above its EMA20, EMA50, and EMA200, keeping the wider trend in buyers’ control.

The problem is momentum. An RSI reading above 70 often signals that an asset has risen quickly and could need time to cool down.

The Fear & Greed Index tells a similar story. Its reading of 74 places the market firmly in Greed, showing that traders have become more willing to take risks.

That can support crypto presale news because investors often explore smaller assets when confidence improves. However, greed can also lead to fast corrections when traders become too aggressive.

Institutional demand provides a stronger foundation. Strategy recently resumed Bitcoin purchases after a two-month pause with roughly $370 million deployed.

For anyone searching for the best crypto presale to watch, the market setup is therefore positive but not risk-free.

MemeToro Crosses $118.5K in Stage 7 MemeToro’s latest official dashboard shows $118,562.95 raised toward a Stage 7 target of $156,312.74. The current $MT price is $0.00430.

This crypto presale update also comes with a clear supply model. MemeToro has a total supply of 1.2 billion $MT, with about 857.9 million tokens, or 71%, assigned to the public sale.

The public allocation has no vesting and can be claimed at launch. Marketing-partner tokens, by comparison, vest over 24 months.

This creates two important points:

The large public allocation limits the share reserved for insiders and operational categories, supporting broader token distribution. No public-sale vesting gives buyers immediate access, but it may also increase selling pressure when claims open. A fixed supply makes the maximum number of $MT tokens known rather than allowing ongoing inflation. These details matter more than the headline fundraising figure when judging a best crypto presale to watch.

AI Infrastructure Gives MemeToro a Different Angle MemeToro’s main distinction is its AI-powered memecoin launch process. Rather than focusing only on one meme, the project aims to create infrastructure for finding, checking, funding, and launching future meme assets.

Its workflow is built around Propose, Verify, Fund, and Launch.

The AI agent creates launch concepts using reasoning and evidence. A full manifest then lets users check supply, price, funding caps, and other launch terms before funding begins.

MemeToro uses fixed-rate funding, meaning participants in a round receive the same price without separate insider tiers. Public smart contracts are then designed to enforce the rules published before funding.

Its validation system also rejects proposals when allocations fail to total 100%, insider allocations exceed zero, or funding information is inconsistent.

For the latest crypto presale news, this provides a clearer product story than fundraising alone. MemeToro is attempting to use AI as a decision and validation layer rather than simply adding AI branding to a token.

FAQs Why is Bitcoin considered overbought? Bitcoin’s daily RSI is around 72.4. Readings above 70 commonly indicate strong momentum that may be stretched in the short term.

How much has MemeToro raised? The latest MemeToro dashboard shows $118,562.95 raised in Stage 7 toward a $156,312.74 round target.

Is MemeToro the best crypto presale to watch? It is one candidate based on its Stage 7 progress and AI launch infrastructure, but presales remain speculative and investors should compare risks before buying.

More Information on MemeToro ($MT) Presale Here:

Website: https://memetoro.com/

X: https://x.com/memetoro_mt

Telegram: https://t.me/memetoro_mt

YouTube: https://www.youtube.com/watch?v=gY0jgWy_DtA

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Last week, Federal Reserve Chair Kevin Warsh’s hawkish speech at the Jackson Hole event led to a Bitcoin [BTC] price drop to $77k. The Fed was not yet done fighting inflation, and this news raised the odds of a rate hike to 57%.

On Thursday, the 3rd of September, Bitcoin rallied 5% in a day following Fed Governor Christopher Waller’s comments. Speaking at a Reuters event, Waller indicated that he would be inclined to support keeping interest rates unchanged during the September meeting.

The same day also saw $730.8 million net flows into spot BTC ETFs, highlighting strong demand.

This Bitcoin price move led to an uptick across the crypto market. It also slashed the odds of a rate hike from 57% to closer to 50%, according to the CME FedWatch Tool.

Source: FedWatch Tool It is now a coin toss whether interest rates remain unchanged or face a hike. Any event from now to the announcement that gives some certainty to an outcome will be likely to move markets to a greater extent.

The impact of the Fed’s decision on crypto In 2026, the days around the FOMC rate decision have tended to be clear price pivot points. For example, the decisions in January, March, and June saw a bearish reaction from Bitcoin, with heightened liquidation numbers.

Even if the Fed’s September decision is to hold interest rates steady, it could have a bearish impact on crypto.

In 2022, to fight high inflation rates, the Fed raised interest rates from 0.25% to 4.50%. The swift tightening cycle sucked capital out of crypto and accelerated the BTC bear market.

A decision to increase interest rates would signal that the trend has changed. The cost of capital would be rising once again and could force Bitcoin to reprice accordingly.

On the other hand, dovish signals from the Fed would increase the chances of a bullish scenario for crypto. If spot ETF flows keep up the inflow streak, and BTC demand accelerates, it could bode well for a true bull market shift.

Final Summary Comments from Warsh and Waller have led to sizeable intraday Bitcoin price moves. The 2026 track record for decisions to hold interest rates has been bearish, with just one bullish BTC price reaction in April.

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.

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Trump says Iran conflict 'not a major issue for the US': Current situation is not a state of war.

US President Donald Trump said on local time September 4 that the more than six-month US-Iran conflict is "small potatoes" for the US, adding that it is more appropriate to define it as a "military conflict" rather than a war. Trump noted that the US is currently only conducting "intermittent strikes" with no sustained fighting between the two sides, and he expressed understanding for Vice President JD Vance’s earlier remark that "it should not be called a war". Trump also stated that the conflict has killed 18 US service members, but its scale is "not large" compared to conflicts like the Vietnam War that claimed tens of thousands of US troops, while emphasizing that "losing even one person is too many". Trump further claimed that the US has achieved "significant results" on the Iran issue, with its core goal being to prevent Iran from acquiring nuclear weapons. According to reports, the conflict has driven up energy prices and brought domestic political pressure to the Trump administration. US public approval of Trump’s handling of the Iran conflict is low, and the Republican Party faces pressure to retain its congressional majority in the November midterm elections.

9 minutes ago

Over the past 24 hours, the Ethereum network recorded a net inflow of $46.47 million, while Robinhood Chain saw a net outflow of $21.07 million.

According to Defillama data, on-chain funds over the past day have clearly concentrated on the Ethereum mainnet and a small number of legacy Layer 1s. Ethereum saw a net inflow of $46.47 million, roughly 4.5 times that of second-place Solana. On the flip side, Robinhood Chain, Arbitrum, Hyperliquid and other platforms combined for a net outflow of over $100 million, reflecting a rebalancing trend of "flowing back to Ethereum, exiting Layer 2s". Robinhood Chain, the day’s largest net outflow source, is a broker-led Layer 2 launched in July 2026 based on Arbitrum Orbit. In the past two months, it has ranked among the top in Meme and tokenized stock trading volume, with its on-chain fees once even surpassing those of Ethereum, Solana and Base; however, its daily bridged funds have turned net outflow. Arbitrum, Base and Polygon also saw net outflows, bringing the total net outflow of the four major Layer 2s (including Robinhood) to around $69.55 million. Perpetual contract public chain Hyperliquid recorded a net outflow of $18.34 million, nearly on par with Arbitrum. New stablecoin settlement chains are also experiencing capital outflows: Tether’s Plasma saw an outflow of $13.27 million, Stripe-incubated Tempo and Tether ecosystem’s Stable registered outflows of $3.45 million and $2.99 million respectively.

9 minutes ago

A mysterious crypto whale has bought another 343,000 HYPE tokens, bringing its total holdings to 3.24 million HYPE, all of which are staked.

According to Lookonchain’s monitoring, the mysterious whale address 0x6436 has purchased an additional 343,000 HYPE tokens, valued at approximately $29.09 million. As of now, the address has accumulated a total of around 3.24 million HYPE tokens, with a total value of roughly $252 million, and has staked all of its HYPE holdings.

9 minutes ago

The "stock market version of Pokémon GO" meme coin GRASS briefly surged past $13.6 million in market capitalization this morning, hitting a new all-time high.

According to GMGN market data, the Robinhood ecosystem meme coin GRASS briefly surged past $13.6 million in market cap early this morning, hitting an all-time high, and has since pulled back to $8.3 million. It has recorded a 111% 24-hour price increase and a $8.7 million 24-hour trading volume. GRASS combines the internet meme "Touch Grass" with the gameplay of a stock-themed Pokémon GO. The project is officially positioned as a game, where tokenized fractional shares of real stocks (including AAPL, NVDA, TSLA, GME, etc., on Robinhood Chain) "spawn" at the physical locations of their respective companies—such as Apple Stores, GameStop outlets, Tesla showrooms, etc. Users can claim these tokenized stock fractions to their wallets by tapping on them when nearby. BlockBeats reminds users that most meme coins lack practical use cases and are highly volatile; please protect your assets and avoid FOMO.

9 minutes ago

Bitcoin is once again exhibiting characteristics of an "amplified version of gold", though the four-year cycle theory warns that the market still faces downside risks ahead.

Bitcoin has recently re-emerged as a safe-haven asset, hitting a four-month high of $82,262 this week before pulling back to around $79,800. André Dragosch, head of European research at Bitwise, said that amid rising macroeconomic uncertainty and currency devaluation risks, investors are increasingly viewing Bitcoin less as a high-risk tech asset and more as a store of value. Dragosch noted that Bitcoin’s 90-day price correlation with gold is near its highest level in six years. He argued that as macro forces strengthen and currency devaluation risks rise, investors are blurring the lines between Bitcoin and gold, with the cryptocurrency recently acting as an “amplified version of gold”. However, the four-year cycle theory remains a headwind for Bitcoin’s outlook. The theory links Bitcoin’s bull-bear cycles to its halving events. Fidelity projects that if historical cycle patterns hold, Bitcoin’s next bear market bottom could land around November 2026. Alex Thorn, head of research at Galaxy, previously estimated that the baseline scenario for this correction would bottom in the $40,000 to $46,000 range. Chris Kuiper, vice president of research at Fidelity Digital Assets, argued that the four-year cycle is not an exact timing rule, meaning it does not guarantee Bitcoin will decline later this year, and a long-term perspective and holding period have historically been more beneficial for investors.

9 minutes ago

Circle Details cirBTC Reserve Mechanism, Emphasizing 1:1 BTC Backing, Segregated Custody and On-Chain Reserve Verification

Circle recently released details on the reserve mechanism for its wrapped Bitcoin product cirBTC, emphasizing that cirBTC is backed 1:1 by native BTC, with segregated asset custody and an on-chain verifiable reserve model. According to Circle, cirBTC is now live on Ethereum; it will offer native support after the Arc mainnet launches, and plans to gradually expand to more blockchains. Each cirBTC is 1:1 backed by one native BTC and can be redeemed for native BTC at a 1:1 ratio. For reserve management, the relevant BTC is held by a Circle affiliate and custodied by Circle National Trust, which is regulated by the U.S. Office of the Comptroller of the Currency (OCC). Reserve assets are segregated from Circle’s corporate assets and used exclusively to protect cirBTC holders’ rights and interests. Furthermore, Circle enables on-chain reserve verification via public BTC reserve addresses and the Chainlink Proof of Reserve mechanism. Market participants can monitor the size of reserve BTC and compare it with cirBTC circulating supply on each supported chain to confirm that cirBTC circulation does not exceed the underlying BTC reserve. Circle noted that this model is designed to provide institutions with a more transparent wrapped BTC reserve standard, and to support BTC as collateral for on-chain smart contract use cases including lending, trading, and settlement.

9 minutes ago

August transformed crypto’s low-volatility environment into a sharp breakout for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but September has started with the market searching for its next catalyst.

Is SOL’s Good News Already Priced In?Bitcoin and Ethereum pulled back below $80,000 and $2,500, respectively, signaling consolidation after recent gains.

Institutional demand remained strong, with Bitcoin funds topping $3 billion in August inflows and Solana (CRYPTO: SOL) products posting their strongest month of 2026.

Santiment data on Friday showed that SOL emerged as the week’s standout anomaly after its social trend signal fired four times. This makes it the only cryptocurrency to trigger the metric during the period.

Trending

However, attention peaked after price did.

SOL hit a 2026 high of $110.38 on Aug. 27 before falling about 10% to $98.35 by Sept. 2. Trading volume also cooled sharply from $7.16 billion to as low as $2.05 billion.

In August, SOL gained about 46% snapping a nine-month losing streak as its first binding governance vote passed, 300-millisecond slot times launched and DEX volume hit $7.94 billion.

With those catalysts now priced in, SOL could consolidate or fall further without broader support from Bitcoin and Ethereum.

ETH Whales Retreat, XRP Dormant Supply MovesEthereum whale selling slowed sharply, with just 2,040 ETH worth about $5 million sold during the period marking it the lowest in five weeks.

Exchange balances also fell by a net 166,000 ETH, potentially easing near-term selling pressure.

XRP (CRYPTO: XRP) showed the opposite trend. About 4.9% of its supply moved after sitting dormant for an average of 542 days, triggering the signal for the second time in three weeks.

XRP fell 6.4% during the period, with repeated dormant supply movements raising the risk of further distribution.

About 1% of Shiba Inu’s (CRYPTO: SHIB) supply moved on Aug. 27 after sitting dormant for an average of 865 days, the oldest coins among the assets triggering the signal.

The move coincided with the broader market peak. SHIB has since fallen about 4.8%.

Image: Shutterstock

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

Late August’s crypto market rebound has driven enterprises to increase their crypto asset allocations. As Bitcoin’s price rose, Bitcoin mining firms that had previously pivoted aggressively to AI businesses have reemerged as high-beta plays in BTC’s market, while corporate balance sheet strategies involving direct Bitcoin holdings have once again drawn market attention. Data shows Bitcoin climbed around 23% in late August, with some mining stocks surging 41% to 67%—outperforming multiple AI infrastructure companies. The market attributes the rally to three key factors: the U.S. Treasury expanding Treasury repurchase operations, the White House issuing positive signals on crypto regulation, and over $1.6 billion in short positions being liquidated. In terms of corporate buying activity, Strive purchased 1,800 BTC in the final week of August for roughly $143 million, lifting its total holdings to 23,156 BTC and making it the fifth-largest public company holder of Bitcoin. Strategy added 4,603 BTC over the same period, bringing its total holdings to more than 845,000 BTC. Separately, 21 major financial institutions including Bank of America, Goldman Sachs, and Citigroup plan to set up a new entity and launch a U.S. dollar stablecoin in the first half of 2027, with plans to expand to other G7 currencies for cross-border payments and digital asset settlements. For Ethereum, Bitmine has been accumulating ETH for 65 consecutive weeks, with its latest position exceeding 5.9 million ETH—accounting for 4.9% of Ethereum’s roughly 120.7 million circulating supply, just short of its 5% holding target. Despite the ongoing accumulation, the company’s current ETH holdings still carry approximately $5.1 billion in unrealized losses.

Relevant content

Trump says Iran conflict 'not a major issue for the US': Current situation is not a state of war.

US President Donald Trump said on local time September 4 that the more than six-month US-Iran conflict is "small potatoes" for the US, adding that it is more appropriate to define it as a "military conflict" rather than a war. Trump noted that the US is currently only conducting "intermittent strikes" with no sustained fighting between the two sides, and he expressed understanding for Vice President JD Vance’s earlier remark that "it should not be called a war". Trump also stated that the conflict has killed 18 US service members, but its scale is "not large" compared to conflicts like the Vietnam War that claimed tens of thousands of US troops, while emphasizing that "losing even one person is too many". Trump further claimed that the US has achieved "significant results" on the Iran issue, with its core goal being to prevent Iran from acquiring nuclear weapons. According to reports, the conflict has driven up energy prices and brought domestic political pressure to the Trump administration. US public approval of Trump’s handling of the Iran conflict is low, and the Republican Party faces pressure to retain its congressional majority in the November midterm elections.

8 minutes ago

A $70 million Bitcoin movie has entered post-production, with its plot suspected to portray Craig Wright as Satoshi Nakamoto.

The film *Bitcoin*, directed by Doug Liman and starring Gal Gadot, Casey Affleck, Pete Davidson, Isla Fisher, and others, has a budget of approximately $70 million and is currently in post-production. Reportedly centered on Bitcoin’s origins and the identity of Satoshi Nakamoto, the movie leans toward portraying Craig Wright—who claims to be Bitcoin’s inventor—as Satoshi Nakamoto, a premise that has sparked controversy in the crypto community. Content creator Terence Michael noted that the film may push the narrative that "Craig Wright is Satoshi Nakamoto" to mainstream audiences, further intensifying the debate over Satoshi Nakamoto’s true identity. Earlier, a UK court ruled that Craig Wright is not Satoshi Nakamoto, and the related controversy had cooled down for a time. The film is written by Nick Schenk, produced by Ryan Kavanaugh and Lawrence Grey, with Wright supporter Calvin Ayre also involved; no major US distributor has been confirmed for the project yet.

8 minutes ago

Over the past 24 hours, the Ethereum network recorded a net inflow of $46.47 million, while Robinhood Chain saw a net outflow of $21.07 million.

According to Defillama data, on-chain funds over the past day have clearly concentrated on the Ethereum mainnet and a small number of legacy Layer 1s. Ethereum saw a net inflow of $46.47 million, roughly 4.5 times that of second-place Solana. On the flip side, Robinhood Chain, Arbitrum, Hyperliquid and other platforms combined for a net outflow of over $100 million, reflecting a rebalancing trend of "flowing back to Ethereum, exiting Layer 2s". Robinhood Chain, the day’s largest net outflow source, is a broker-led Layer 2 launched in July 2026 based on Arbitrum Orbit. In the past two months, it has ranked among the top in Meme and tokenized stock trading volume, with its on-chain fees once even surpassing those of Ethereum, Solana and Base; however, its daily bridged funds have turned net outflow. Arbitrum, Base and Polygon also saw net outflows, bringing the total net outflow of the four major Layer 2s (including Robinhood) to around $69.55 million. Perpetual contract public chain Hyperliquid recorded a net outflow of $18.34 million, nearly on par with Arbitrum. New stablecoin settlement chains are also experiencing capital outflows: Tether’s Plasma saw an outflow of $13.27 million, Stripe-incubated Tempo and Tether ecosystem’s Stable registered outflows of $3.45 million and $2.99 million respectively.

8 minutes ago

A mysterious crypto whale has bought another 343,000 HYPE tokens, bringing its total holdings to 3.24 million HYPE, all of which are staked.

According to Lookonchain’s monitoring, the mysterious whale address 0x6436 has purchased an additional 343,000 HYPE tokens, valued at approximately $29.09 million. As of now, the address has accumulated a total of around 3.24 million HYPE tokens, with a total value of roughly $252 million, and has staked all of its HYPE holdings.

8 minutes ago

The "stock market version of Pokémon GO" meme coin GRASS briefly surged past $13.6 million in market capitalization this morning, hitting a new all-time high.

According to GMGN market data, the Robinhood ecosystem meme coin GRASS briefly surged past $13.6 million in market cap early this morning, hitting an all-time high, and has since pulled back to $8.3 million. It has recorded a 111% 24-hour price increase and a $8.7 million 24-hour trading volume. GRASS combines the internet meme "Touch Grass" with the gameplay of a stock-themed Pokémon GO. The project is officially positioned as a game, where tokenized fractional shares of real stocks (including AAPL, NVDA, TSLA, GME, etc., on Robinhood Chain) "spawn" at the physical locations of their respective companies—such as Apple Stores, GameStop outlets, Tesla showrooms, etc. Users can claim these tokenized stock fractions to their wallets by tapping on them when nearby. BlockBeats reminds users that most meme coins lack practical use cases and are highly volatile; please protect your assets and avoid FOMO.

8 minutes ago

Bitcoin is once again exhibiting characteristics of an "amplified version of gold", though the four-year cycle theory warns that the market still faces downside risks ahead.

Bitcoin has recently re-emerged as a safe-haven asset, hitting a four-month high of $82,262 this week before pulling back to around $79,800. André Dragosch, head of European research at Bitwise, said that amid rising macroeconomic uncertainty and currency devaluation risks, investors are increasingly viewing Bitcoin less as a high-risk tech asset and more as a store of value. Dragosch noted that Bitcoin’s 90-day price correlation with gold is near its highest level in six years. He argued that as macro forces strengthen and currency devaluation risks rise, investors are blurring the lines between Bitcoin and gold, with the cryptocurrency recently acting as an “amplified version of gold”. However, the four-year cycle theory remains a headwind for Bitcoin’s outlook. The theory links Bitcoin’s bull-bear cycles to its halving events. Fidelity projects that if historical cycle patterns hold, Bitcoin’s next bear market bottom could land around November 2026. Alex Thorn, head of research at Galaxy, previously estimated that the baseline scenario for this correction would bottom in the $40,000 to $46,000 range. Chris Kuiper, vice president of research at Fidelity Digital Assets, argued that the four-year cycle is not an exact timing rule, meaning it does not guarantee Bitcoin will decline later this year, and a long-term perspective and holding period have historically been more beneficial for investors.

8 minutes ago

Bitcoin is back below $80,000 after a surprisingly strong jobs report reignited the prospects of the Federal Reserve raising rates at its upcoming meeting.

Notable Statistics:

Coinglass data shows 101,330 traders were liquidated in the past 24 hours for $523.10 million.        SoSoValue data shows net inflows of $730.87 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $141.4 million. In the past 24 hours, top gainers include Lighter, Dash and Zcash. Notable Developments:

Bitcoin ETFs Pull In $730 Million for the First Time Since January Bitcoin Could Go to $232,000 or Even Higher, Advocate Touts: ‘Welcome to the Bull Market’ Ripple CEO Is ‘Proud’ About White House Crypto Meeting: What’s Next for XRP? Bitcoin, Ethereum, XRP Retreat but September Could Hold a Surprise, Data Shows Bitcoin Has No Label but Its Closest Rival Is Gold, BlackRock Exec Says Trader Notes:

Trader Jelle said Bitcoin is nearing a key market structure break. Clearing previous highs would flip the higher time frame structure bullish, with the weekly close crucial for confirmation.

Crypto chart analyst Ali Martinez highlighted Bitcoin is retesting the $80,600 breakout level after reaching $82,280. Holding that support could open the door to $85,000.

Image: Shutterstock

Trending

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Bitcoin dropped below $80,000, falling $1,600 in just three minutes, after August jobs data came in far stronger than economists expected, raising the odds of a Federal Reserve rate hike rather than a cut. Bitcoin is now trading at $79,763.95, down 1.4% over 24 hours, while Ethereum sits at $2,461.41 and XRP at $1.41, both negative on the day.

Why Strong Jobs Data Hit Crypto Hard

The US economy added 162,000 jobs in August, nearly tripling the 55,000 expected. Unemployment held steady at 4.1%, in line with forecasts, and July’s job figure was revised up by 43,000, turning that month positive as well.

Normally strong economic data would be welcome news. But in this case, it worked against risk assets. Stronger job growth reduces pressure on the Fed to cut rates, and markets quickly priced in a higher probability of a hike instead, according to Bull Theory. The reaction was swift as $835 billion was wiped out from gold, silver and crypto combined within 25 minutes of the data release.

Trump Calls the Reaction “Crazy”

President Trump weighed in directly on the market’s response, calling it “crazy” that stocks fell after a stronger-than-expected jobs report and describing the reaction as living in a “false reality.” 

Trump also called on the Fed to cut interest rates regardless of the strong jobs data, and threatened to “stop trading with countries with which we have a deficit” if the central bank doesn’t act. “The Fed must get smart,” Trump said.

Zcash Bucks the Trend

While most of the market retreated, Zcash stood out with a 13% gain, pushing its price to $1,034.80, making it one of the few major tokens moving higher through the selloff.

Other Pressures Building

The jobs shock lands alongside separate inflationary pressure from energy markets. US national diesel prices hit a record $5.62 per gallon, surpassing the previous high from June 2022, with diesel inventories at a record low for this time of year amid the ongoing Iran war, according to Kobeissi.

What It Means

With the total crypto market cap still sitting at $2.75 trillion despite the pullback, today’s move shows how sensitive risk assets remain to Fed rate expectations, even when the underlying economic news is objectively strong. Whether this proves a short-lived reaction or the start of a deeper repricing may depend on how the Fed responds to both the stronger labor data and mounting political pressure from the White House.

Story Ends Here

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Read the Next News

The U.S. Securities and Exchange Commission (SEC) has given approval to a rule modification on the Nasdaq that pertains to investment products involving cryptocurrencies. Bitcoin, Ethereum, Solana and XRP were designated as digital commodities by the order that have the exchange’s current eligibility requirements.

The action was made in accordance with SEC Order No. 34-106268. It also provides accelerated approval for Nasdaq Texas, LLC to amend Rule 5711(d). Commodity Based Trust Shares traded on the exchange are subject to the rule.

SEC Expands Crypto Product Framework The adjusted framework introduces an official definition of “digital commodity” in Nasdaq Texas rules. It also allows for some active management techniques involving cryptocurrencies.

The approved changes provide fund managers with additional flexibility, per the latest filing. Products that are eligible for listing may include assets that at the point of listing do not meet all the requirements. The allowance is not more than 15% of a fund’s net asset value.

In the SEC’s order, the agency offered as an example a multi-asset trust. Bitcoin, Ethereum, Solana and XRP are included in the example. All four assets are digital commodities that meet the current relevant criteria, the regulator said.

The transfer may provide asset managers with greater flexibility in their approach to crypto investment products. It also provides a better structure for investors who want to gain exposure to several digital assets.

Bitcoin, Ethereum, Solana, XRP Gain Regulatory Recognition The SEC order comes on the heels of a number of regulatory developments concerning crypto assets. The U.S. regulators have been gradually moving toward a clearer classification of digital assets with the CLARITY Act in focus.

Earlier, a March interpretation from the SEC and Commodity Futures Trading Commission classified Bitcoin, Ethereum, Solana and XRP as crypto commodities. Other tokens in the larger list were Cardano, Avalanche, Dogecoin, Shiba Inu and Chainlink.

The recent approval by the NASDAQ in Texas is not a new federal commodity law. It applies to the listing structure of the exchange. Changing the classification might still affect investment firms’ handling of crypto-based products.

The framework comes on the heels of surging demand for regulated crypto investment products. Spot crypto ETFs have opened up institutional access to digital assets.

There is also increased exposure of XRP via ETFs. The Nasdaq Texas listing puts its trust along with Bitcoin, Ether and Solana in a commodity-based trust framework.

This regulatory change comes ahead of a key period for U.S. crypto legislation. The CLARITY Act will be up for consideration in the Senate later in September. The bill proposes to create a more comprehensive regulatory regime for digital assets.

For regulatory compliant crypto trading, visit our page on Best Regulated Crypto Exchanges in the USA.

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.

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Today’s top news:

Crypto majors stage huge rally as rate hike odds cool; BTC +5% to $81.3k HYPE, ZEC, and LIT all hit new ATHs as alts soar BTC ETFs see $730M in net inflows, biggest since January AMC CEO calls out Robinhood tokenized stocks, Vlad replies and MEME soars PONS hits $500M on new daily high in revenue 📈 Crypto Stages Major Rally on Rate Hopes and Weaker DollarBitcoin reclaimed $80,000 and pushed past $81,100, the Dow added 453 points, and more than 119,000 traders got liquidated for more than $500M. The BTC ETFs took in $731M in net inflows, their biggest day since January.

And where Bitcion led, everything else followed. XRP led the majors at 7.8%, BNB and Solana each added roughly 5%, and Ethereum climbed 4.7% to $2,497. Zcash jumped 18% to $1,000 and a new ATH.

Down the risk curve, things were even crazier. PONS ran 56% and is up 3,001% over 30 days. Lighter added 16.8% (also new ATH), Ethena 13.6%, Arbitrum 12%, SPX6900 13.2%.

Twenty-four hours of gains erased a week of damage. Now we certainly aren’t out of the woods yet. Waller is one governor giving a conditional answer on data that hasn’t printed yet, and hike odds are still a coin flip at 50.4%. The August jobs report lands this morning, the last major release before the September 15-16 meeting, and its results will likely dictate if this rally continues the next few weeks.

But if today’s jobs report doesn’t hold any bad surprises, we should be in for smooth sailing for at least the next two weeks. The bulls are saying we are set up for a potential risk-on rally into November. We will find out very soon…

🌎 Macro Crypto and Markets Crypto majors were very green up 4-6%; BTC +4% at $81.3; ETH +5% at $2,526; SOL +4% at $104; HYPE +7% at $87 Top alt movers include PONS (+35%), DASH (+24%) and SPX (+23%) Hype hit a new ATH at $87, LIT hit a new ATH at $4.70 and ZEC hit a new ATH over $1,000 as alts had a massive day Oil -2% at $91; Gold +1 at $4,510 Stock futures are mixed ahead of this morning’s jobs report; DOW -0.1%, Nasdaq +0.5% The CFTC asked a judge to toss CME’s lawsuit over its approval of Kalshi’s Bitcoin perpetual contract, calling it “much ado about nothing” and arguing CME can list the same product itself Polymarket launched Polymarket Perps with up to 20x leverage on crypto, stock, commodities and more Coinbase filed two SEC notice registrations to bring single-stock perpetual futures to US traders Standard Chartered began offering institutional Bitcoin and Ethereum spot trading through its Dubai branch SoFi and Kraken parent Payward linked up to put Kraken on SoFi’s round-the-clock dollar settlement network, list SoFiUSD on the exchange, and route SoFi crypto trades through Kraken Prime Bitget CEO Gracy Chen said she’s in talks with BlackRock and other Wall Street firms about distributing tokenized ETFs across Asia, where roughly half of the exchange’s 125 million users sit Corporate Treasuries & ETFs

The Bitcoin ETFs saw $730M in net inflows on Thursday; the ETH ETFs saw $141M in inflows, breaking a 3-week green streak Meme Coin Tracker

Meme leaders were green up 2-7%; DOGE +6%, SHIB +3%, PEPE +6%, PENGU +7%, TRUMP +6%, SPX +22% AMC CEO Adam Aron called Robinhood's stock tokens contemptible, outrageous, and vile, saying the theater chain has no connection to tokens tracking its share price and is putting outside securities counsel on it which led to a Vlad Tenev response “What’s the concern?” which sparked a massive meme rally Robinhood chain leaders were very green as Pons soared 30% to $500M but pulled back as new runner MEME ran 260x to $100M in just a few hours; Cinema +13x, Fatcoin +37x and Concern +15x other movers Solana was led by Useless +70%, Troll +80% and ZCAT +500%; Ansem +5% at $250M Binance listed Marscoin for spot trading, which led to it jumping 60% to $180M with several other BSC tokens soaring in the wake 💰 Token, Airdrop & Protocol Tracker Uniswap announced its purchase of PONS tokens to “deepen alignment” which led to PONS soaring to $500M Hyperliquid is testing HIP-3, an optional layer letting market deployers run onchain whitelists that restrict who can trade specific markets Robinhood Chain did $4M in chain revenue again on Thursday Pons hit new another new ATH in daily revenue with $1.26M 🚚 What is happening in NFTs? NFT leaders were mixed; Punks -1% at 30.8 ETH, BAYC +2% at 7.57 ETH, Pudgy -2% at 3.8 ETH Argonauts (+25%), Identity MD (+20%) and Chubbicorns (+50%) led top movers Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

The most consequential device in cryptography does not exist yet. Quantum memory, an Oxford lecturer argues, will decide whether Bitcoin (BTC) breaks or gets replaced by something better.

Stefano Gogioso published that argument on Tuesday. He says the promise of quantum cryptography now rests on building a single piece of hardware.

“The development of portable long-term quantum memory will be one of the most consequential milestones of quantum technology. These devices will power an entirely new class of applications, such as quantum money, the ultimate incarnation of a digital store of value.”

Gogioso, a quantum computing lecturer at the University of Oxford and co-founder of quantum security firm Spooqy, told BeInCrypto.

The Bottleneck Quantum Money Never ClearedAn earlier report from the BeInCrypto Experts Council ended on an unsolved problem. Quantum money cannot be forged, because quantum states cannot be copied.

Nobody, however, can hold those states for long. The best laboratory systems keep one alive for seconds, which is why the case for quantum money has stayed theoretical.

Gogioso’s post sets out what a usable device would actually need. Stability measured in months, or ideally forever. Portability, first inside a shipping crate and later inside a pocket. Capacity running to billions of separate states.

He also rules out the more familiar idea of quantum RAM. Nothing in his design needs random access or in-place editing. States are drawn in order and spent once.

The distance between seconds and months is the entire problem.

Why Gogioso Calls Quantum Memory InevitableHis answer arrives in two steps, and the first one is categorical.

A fault-tolerant quantum computer must keep fragile states alive at scale, against noise, for as long as a calculation runs. That requirement is what fault tolerance means.

Remove the computing, Gogioso argues, and a quantum memory device is what remains. Denying one therefore means denying the other.

The reframing matters commercially. Billions of dollars are already committed to fault-tolerant machines. The memory sits inside those roadmaps as an unavoidable step.

His second step concerns portability. Machines running at cryogenic temperatures will keep their states at the bottom of a refrigerator for years to come.

Atom-based designs are different. They store information in properties that nature already keeps isolated. That turns the problem into hard engineering rather than physics.

Gogioso also lowers the bar in a way the debate has mostly ignored. A memory does not have to survive decades. A sealed single-use cartridge, filled at a facility and spent state by state, would serve every application he describes.

The Same Machine Breaks Bitcoin and Builds Its ReplacementFollow that argument into crypto and it produces an awkward symmetry.

In March, Google Quantum AI worked with the Ethereum Foundation and Stanford on the cost of attacking Bitcoin. The team put the requirement at fewer than 500,000 physical qubits.

Such a machine only works if it is fault tolerant. And fault tolerance, by Gogioso’s own definition, is quantum memory.

The conclusion is uncomfortable for both camps. The hardware that would expose Bitcoin’s signatures would also fuel quantum money.

Every dollar chasing fault tolerance therefore funds both futures at once. No version of this story exists where quantum computers break Bitcoin and the alternative stays impossible.

Gogioso and Daniela Herrmann, chief executive of quantum firm Dynex, made the wider case on the panel above.

Why a Stolen Shipment Would Not MatterThe security model behind all of this inverts an old assumption.

Classical key material is dangerous in transit. Whoever copies it owns it, and leaves no trace of having done so.

An entangled pair carries no information at all while it sits in storage. The randomness that becomes a key appears only at the moment of measurement.

A hijacked crate would therefore cost a supplier its stock rather than its secrets. Gogioso writes that the worst a corrupt supplier can deliver is a tank of useless gas.

A second consequence is stranger. These resources burn. A key consumes entangled pairs, and a banknote gets spent across its own verifications.

Gogioso calls the effect cryptography by combustion. Money built this way would arrive with a fuel gauge.

Q-Day Has a Calendar. Quantum Money Does Not.The two halves of this story move at very different speeds.

The attack side is full of dates. IBM expects quantum computing to move its earnings by 2028 or 2029. Hong Kong has set its banks a quantum readiness deadline of 2030.

The National Institute of Standards and Technology plans to retire current elliptic-curve signatures by 2030. It would disallow them outright by 2035.

The replacement side has no calendar whatsoever. Gogioso declines to supply one. His post argues for the inevitability of the resource, not the imminence of a product.

He was more forward-looking on the panel, suggesting provably impossible applications within five to seven years. That estimate covered quantum resources broadly, not a memory small enough for a wallet.

Herrmann drew the same boundary during the discussion.

“Quantum money is the vision, once this all plays out. Right now, quantum money as such isn’t available yet. But as soon as the chips advance, these things have to be handled with real responsibility.”

What the Argument Leaves OpenTwo questions survive it.

Somebody still has to fill the memories. That leaves an issuer inside a system advertised as having no custodian.

A bearer instrument with no ledger also has no recovery. A note that is lost, stolen, or simply left to decay takes its value with it.

The industry is building the machine regardless. It has not yet decided which of the two things it wants.

Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after an earlier rejection near $81,500. The largest cryptocurrency by market capitalization aims for short-term support at $79,000, which could encourage dip buying.

Gold (XAU/USD), meanwhile, is trading amid growing headwinds, with the price now testing support at $4,400. The metal surged to $4,511 on Thursday, aligning with positive market sentiment as the United States (US) Services PMI improved to 55.4 in August from 54.1 in July.

US Nonfarm Payrolls rise in AugustUS Nonfarm Payrolls (NFP) surged by 162K in August, according to the latest data from the Bureau of Labor Statistics (BLS). This robust gain not only marks a significant acceleration from July’s modest 21K increase, but also broadly beats consensus forecasts of 56K, signaling unexpected labor market resilience.

Additional report metrics reveal the Unemployment Rate held steady at 4.1%, in line with expectations, while Labor Force Participation edged higher to 61.6%. Meanwhile, annual wage inflation, tracked by Average Hourly Earnings, eased to 3.1%, down slightly from 3.2%, reflecting a modest cooling in wage growth.

Bitcoin and Gold shed gains after the NFP report, as investors price in a 60% probability that the Federal Reserve (Fed) will raise interest rates to the 3.75%-4.00% range from 49% a day earlier, according to the FedWatch tool

FedWatch tool | Source: CME GroupTechnical analysis: Bitcoin slides amid broader bullish biasBitcoin trades at $79,450 with a constructive bullish bias as price holds well above key Exponential Moving Averages (EMAs), providing a rising trend backdrop. The Relative Strength Index (RSI) hovers near 66 on the daily chart, suggesting firm but not extreme buying pressure, while the latest downtick in the Moving Average Convergence Divergence (MACD) histogram hints at some loss of upside momentum rather than a confirmed reversal.

BTC/USDT daily chartInitial support is seen at the 200-day EMA around $72,553, with the shorter-term 50-day EMA at $71,071 acting as secondary dynamic support. A deeper pullback would expose the 100-day EMA near $69,668 as the next key demand area that would need to hold to preserve the broader uptrend. With no nearby measured resistance on the daily chart, price action will likely remain driven by how well these EMA supports absorb corrective dips.

Gold technical analysis: XAU trims gains testing $4,400 supportGold trades above $4,400 after correcting from the daily high of $4,491. The metal holds above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs), keeping the broader backdrop mildly constructive despite the recent pullback from this week’s highs.

Momentum, however, has cooled, with the RSI hovering near 52 and the MACD deep in negative territory, suggesting upside attempts could be labored rather than impulsive as the market digests prior gains.

XAU/USDT daily chartInitial resistance is aligned with the downward resistance trendline around $4,536, and a daily close above this barrier would reopen the path toward the next psychological level at $4,600. On the downside, immediate support lies at the 100-day EMA near $4,367, followed by the 50-day EMA around $4,346 and the 200-day EMA close to $4,319, where buyers would be expected to defend the prevailing uptrend as long as these layers hold.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

XAU/USDT daily chart

Strategy Executive Chairman Michael Saylor has defended public Bitcoin advocacy in the United States as protected free speech. He has also called Bitcoin a commodity rather than a security, while stressing that fraud remains illegal.

Michael Saylor Backs Public Bitcoin Advocacy Saylor has argued that Americans do not need a license to discuss Bitcoin or publicly recommend owning the asset. His comments are drawing attention as Washington continues working on broader rules for the cryptocurrency market.

“In America, you don’t need a license to discuss Bitcoin, advocate for it, or publicly recommend owning it,” Saylor wrote.

He added, “Bitcoin is a commodity, not a security,” while separating Bitcoin advocacy from illegal market conduct. Saylor also stated that fraud and manipulation remain prohibited under existing laws.

The Strategy chairman has repeatedly supported wider Bitcoin adoption through public comments and his company’s treasury strategy. His latest remarks are focusing specifically on public discussion and recommendations involving BTC.

CLARITY Act Debate Continues in Washington Saylor’s comments are arriving as lawmakers continue preparing for a September 15 procedural vote on the CLARITY Act.

The National Sheriffs’ Association has now shifted its position on the legislation from opposition to neutral. The group had previously raised concerns about illicit finance enforcement under the proposed regulatory framework.

Senator Cynthia Lummis has welcomed the change while calling for lawmakers to advance the legislation. She has argued that the bill would provide law enforcement with additional tools against illicit crypto finance.

The CLARITY Act is seeking clearer divisions between federal agencies overseeing digital asset markets. However, lawmakers are still negotiating several provisions before the legislation can complete the Senate process.

However, the September 15 vote is procedural and would allow the Senate to advance consideration of the legislation, but it would not represent final passage of the bill.

MSTR Still Falling Despite Resumed Bitcoin Purchases Saylor’s latest remarks are also following Strategy’s return to Bitcoin purchases after a roughly 10-week buying pause.

As we reported, Strategy has acquired 4,603 BTC for approximately $369.7 million at an average price of $80,318 per Bitcoin, increasing the holdings to 845,050 BTC.

Despite the buys, Strategy shares are trading lower, even as Saylor maintains his public support for Bitcoin and the company resumes BTC purchases.

At press time, the MSTR stock had fallen by about 4.2% to $138.74 as Bitcoin faced renewed volatility following the latest U.S. employment data. Despite recent multi-week momentum fueled by stabilizing macroeconomic updates, the MSTR stock remains down 56% over the last 12 months.

Bitcoin’s recent price action increasingly resembles gold as investors respond to renewed concerns over US fiscal sustainability, CoinShares said in its latest market update.

The crypto asset rose from above $60,000 to the upper-$70,000s, briefly touching $82,000 after Fed Governor Christopher Waller delivered more dovish comments on monetary policy.

However, CoinShares said the ongoing US-Iran war and monetary policy could cap the rally. Kevin Warsh’s recent remarks at Jackson Hole were seen as hawkish and prompted markets to price roughly a 66% chance of a September rate hike.

Still, Waller later countered that recent inflation data showed encouraging disinflation and said he would favor holding rates steady if the August data confirms the improvement.

According to CoinShares, the market’s rate-hike expectations appear too aggressive in light of labor market data and growing disagreement among Fed officials over whether inflation or employment should carry more weight.

The shifting outlook has also influenced crypto investment flows. About $100 million flowed out of digital asset products following Warsh’s comments, while inflows have since returned to roughly $1 billion this week, after $2 billion last week and $2.9 billion the week before.

Oil and Iran represent another major variable. CoinShares expects a potential resolution to the conflict, as political pressure builds ahead of the US midterms. But if Chinese oil demand returns to normal while supplies remain disrupted, oil prices could rise sharply again, pushing inflation higher and strengthening expectations for tighter monetary policy, which would be a near-term negative for Bitcoin.

The US bond market is the other major catalyst. The 10-year Treasury yield remains around 4.7%, reflecting investor concerns over US debt at approximately 122% of GDP and the volume of government debt still to be issued. Treasury efforts to reduce long-term yields have so far had limited impact.

A full-blown Treasury confidence crisis remains a tail risk, but such a scenario could strongly benefit Bitcoin and gold as investors seek stores of value outside government securities. Blockchain stocks are also attracting capital, with roughly $27 million of inflows this week and more than $100 million over the past month, pointing to a rotation within the digital asset sector toward infrastructure and tokenization businesses.

CoinShares expects Bitcoin to remain within its current range unless either Iran is resolved in a way that reduces inflation and rate expectations or confidence in US Treasuries deteriorates further. Until one occurs, Bitcoin is likely to remain range-bound, with August inflation and the September Fed meeting as the two key dates, the firm stated.

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

Michael Saylor says Americans do not need a license to discuss or promote Bitcoin