A steady move above $80,000 could return significant Bitcoin capital to profit, but resistance near $84,569 remains a major hurdle.
Bitcoin’s $80,000 level has emerged as a major threshold as the crypto asset attempts to break out of the current bear market. Several technical and on-chain measures are converging around this level.
At the same time, the traditional realized price has become less relevant because of the large amount of illiquid BTC supply, according to CryptoQuant analyst Darkfost.
$80K Breakout Test In his latest post, Darkfost noted that Bitcoin’s market capitalization has been on the rise. At the cycle peak, the figure even reached $1.75 trillion. Because coins bought more than 10 years ago are now largely considered illiquid, they represent a much smaller share of the market capitalization than Bitcoin purchased more recently. This makes it necessary to adjust the realized price by weighting it according to the amount of capital invested.
Using this capital-weighted approach, the analyst calculated a Bitcoin cost basis of approximately $79,600. That figure places the average invested capital near the $80,000 mark, which makes the level a significant barrier for the crypto asset at present.
Darkfost explained that this area more clearly identifies where the average invested capital reaches neutrality. A daily close above $80,000, followed by a weekly close above the same level, would represent a strong signal. Such a move would also return a large portion of BTC’s invested capital to profit.
Next Buying Opportunity Meanwhile, Ali Martinez said that the crypto asset could be heading toward another buying opportunity if its current market structure follows the pattern seen during the 2022-2023 bottom. The analyst stated that Bitcoin broke above a descending resistance trendline on Thursday, similar to the move seen in early 2023, which has brought back the May 2026 high near $83,000 into focus.
This level could lead to a retracement before Bitcoin makes another move higher. URPD data reveals a major resistance zone between $83,307 and $84,569, where nearly 975,000 BTC were previously acquired. This concentration of supply could make it difficult for Bitcoin to push through the zone on its first attempt.
You may also like: From Record Short Squeezes to Massive ETF Inflows: Everything Driving Bitcoin Right Now Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? 1.4M ETH Gone From Exchanges Since June as BTC Moves in Reverse Additionally, on-chain trader profit margins have climbed to 25%, a level that has often been followed by increased profit-taking and short-term corrections over the past year. Whales also appear to be taking profits, with roughly $88 million in gains already realized.
If selling pressure increases, he identified $76,996 to $78,258 as a crucial support range, where 843,000 BTC were previously traded. A break below that zone could shift attention to the next major demand area around $63,111, where roughly 925,000 BTC were traded.
Martinez said a pullback toward these support levels could present another opportunity before Bitcoin pushes towards $100,000.
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems.
Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not be serviced before.
The pitch is simple: anime, manga, games, and other Japanese content have a massive global following, but the payment rails supporting that content haven’t kept pace.
Aurora aims to close that gap by letting international customers pay in Bitcoin over the Lightning Network, while giving Japanese merchants a simple point-of-sale and API layer to manage invoicing, payment tracking, and integrations.
According to JBI, the market for Japanese anime content outside Japan reached ¥2.17 trillion in 2024, up 26% year-over-year — yet many overseas fans still struggle to pay for streaming subscriptions, digital merchandise and limited-access drops due to geographic payment restrictions.
The platform’s core design principle is that JBI never touches the money. Each merchant runs its own self-custodial Lightning node, receiving Bitcoin directly from customers.
JBI says this setup gives businesses cleaner regulatory footing, since the company isn’t acting as a custodian, while still handling the harder operational lift — node uptime, liquidity, accounting and auditing, and conversion to fiat — that has historically kept enterprises from adopting Bitcoin payments on their own.
JBI says aurora draws on lessons from its existing consumer business, UseBitcoin.jp, which has let customers buy digital gift cards — including au PAY, V-Preca and Kyash cards — using Lightning payments for the past two years.
The company is inviting media, prospective merchants and wallet providers to connect with the team at Bitcoin Asia 2026 in Hong Kong.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Japan Bitcoin Industry Co., Ltd. (JBI) has introduced Aurora, a new self-custodial Bitcoin payments platform designed to help Japanese content producers reach fans around the world, especially those unable to access traditional payment services.
Bitcoin Asia debut for AuroraJBI formally announced the launch of Aurora during the Bitcoin Asia conference held in Hong Kong this week. The platform targets international fans of Japanese anime, manga, and games, aiming to address payment challenges that have limited access to Japanese digital content.
Demand for Japanese content continues to grow worldwide, but many international consumers still encounter obstacles when trying to purchase subscriptions, exclusive drops, and merchandise due to restrictions and complexity in cross-border payments.
How Aurora worksAurora enables customers outside Japan to pay with Bitcoin through the Lightning Network, an off-chain scaling solution allowing fast and low-cost transactions. Japanese merchants can use Aurora’s point-of-sale interface or integrate its API for handling invoicing, payment tracking, and platform integration.
Mini dictionary: Lightning Network — A payment protocol layered on top of Bitcoin, the Lightning Network enables near-instant transactions and lowers fees by conducting most transactions off-chain before settling on the main Bitcoin blockchain.
JBI emphasized that Aurora’s design ensures the company itself never holds client funds. Merchants run their own self-custodial Bitcoin Lightning nodes, receiving payments directly from overseas customers.
JBI stated that this self-custodial approach gives businesses direct control of assets and reduces regulatory risk. The company said it will handle technical operations like maintaining node uptime, managing liquidity, and supporting accounting and audits, which have previously been barriers to enterprise Bitcoin adoption.
Aurora’s self-custody structure means merchants receive Bitcoin directly, while JBI oversees technical and operational aspects like node management, liquidity, and fiat conversion.
Sector growth and market potentialAccording to JBI, the global market for Japanese anime content outside Japan grew 26% year-over-year, reaching ¥2.17 trillion in 2024. Many fans, however, remain unable to access content or collectibles due to payment system limitations.
YearMarket Value (¥ Trillion)Year-over-Year Growth (%)20231.72–20242.1726%JBI noted that Aurora is built on insights gained from the company’s UseBitcoin.jp platform, which has provided Lightning-based payments for digital gift card purchases since 2024. These cards include popular options such as au PAY, V-Preca, and Kyash.
Mini dictionary: Japan Bitcoin Industry Co., Ltd. (JBI) — A Japanese company specializing in Bitcoin payment solutions for businesses and consumers. JBI aims to facilitate crypto adoption by providing regulatory compliant and user-friendly platforms.
With Aurora, international fans can buy Japanese digital products directly with Bitcoin, while merchants retain full control of their funds throughout the process.
Industry outreach and future plansJBI is inviting media, merchants, and wallet providers to engage with its team at Bitcoin Asia 2026 in Hong Kong to explore the platform’s capabilities and potential collaborations.
By creating a pathway for smoother international payments, the company seeks to increase the accessibility of Japanese content worldwide for a growing base of global fans.
Anime and manga producers, digital merchandise sellers, and overseas fans stand to benefit from the expanded reach and simplified payment experience that Aurora offers through Bitcoin and the Lightning Network.
Japan Bitcoin Industry (JBI) has unveiled Aurora, a $BTC payment platform aimed at helping Japanese content creators and merchants sell to international audiences, without the friction of traditional cross-border payment systems. The platform was introduced at Bitcoin Asia 2026 in Hong Kong.
Targeting Anime, Manga, and GamingAurora is designed specifically for Japanese merchants selling anime, manga, video games, and other digital content overseas. JBI says conventional payment infrastructure has long left international fans underserved, creating a gap between global demand and the ability of Japanese sellers to capture it.
That gap is growing. Aurora positions itself as a direct solution for merchants looking to convert that international interest into sales.
Self-Custodial Lightning PaymentsPayments on Aurora run through the Bitcoin Lightning Network, a layer-two protocol that settles transactions off-chain, enabling faster processing and significantly lower fees than on-chain Bitcoin transfers.
Each merchant on Aurora operates its own self-custodial Lightning node, meaning JBI handles operational tasks but never takes custody of merchant funds. Buyers transact directly with the seller's node, keeping control of funds on the merchant side throughout.
The platform includes a point-of-sale system and an API, allowing merchants to manage invoices, track payment status, and integrate Aurora into their existing technology stack. JBI invited potential merchants, media, and wallet providers to connect with its team during the Hong Kong conference.
The launch adds to a broader push toward Bitcoin adoption in Japan, where Lightning Network use among exchanges and enterprises has been expanding in recent years.
SourcesJapan Bitcoin Industry (JBI) Official Site
Variety: Japan's Anime Market Hits Record $25 Billion
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TLDR: StarkWare’s Avihu Levy completed Bitcoin’s first confirmed quantum-safe transaction on mainnet. QSB adds a hash-based lock to Bitcoin without requiring any soft fork or consensus change. Signature grinding lets QSB work without a private key, costing $75 to $150 per transaction. Starknet already runs post-quantum accounts, ahead of StarkWare’s full three-phase quantum roadmap. StarkWare researcher Avihu Levy has executed the first quantum-safe Bitcoin transaction on the network’s mainnet, confirmed on August 26, 2026.
The method, called Quantum-Safe Bitcoin or QSB, needed no soft fork or change to Bitcoin’s consensus rules. StarkWare engineer Tomer Giladi helped carry the project to a working mainnet result, with MARA Slipstream supplying the mining path.
Avihu Levy’s QSB Method Explained Levy built QSB on his own time, after years of work inside the Bitcoin ecosystem, and published the research in April 2026.
Bitcoin’s existing signatures depend on elliptic curve cryptography, a system Shor’s algorithm could eventually break using a sufficiently powerful quantum computer. Once that happens, any exposed public key becomes a private key waiting to be recovered.
Most Bitcoin addresses hide their public key behind a hash until the owner spends from that address. The signature then reveals the key, and the transaction sits exposed in the mempool until a miner confirms it. A quantum adversary could use that window to read the key and spend the coins first.
Speaking on the project, StarkWare CEO Eli Ben-Sasson said Levy He framed the achievement as proof that quantum protection does not require waiting on a network upgrade.
QSB closes the exposure gap by adding a second lock built on hash functions instead of elliptic curves. Shor’s algorithm cannot break hash functions, and the only known quantum shortcut merely speeds up brute-force guessing.
Levy’s method relies on signature grinding, a technique that produces a valid Bitcoin signature without requiring a private key.
Why the Mainnet Transaction Matters The sender spends computational effort off-chain searching for a transaction hash that also qualifies as a properly formatted signature.
That search currently costs between $75 and $150 in GPU computation. The approach draws heavily on Binohash, a technique developed by BitVM creator Robin Linus.
QSB transactions use nonstandard formats, so they cannot travel through Bitcoin’s ordinary mempool today. Senders need a direct path to a cooperating miner, which is why MARA Slipstream took part in the transaction. The method only protects addresses whose public key has not already been published before broadcast.
QSB does not change Bitcoin’s protocol, and the network itself remains untouched after the transaction. Ben-Sasson added that he still expects Bitcoin to pursue a soft fork eventually, noting He said the mainnet result reassures holders while that process plays out.
StarkWer’s own technology, built on ZK-STARKs, already rests on hash-based assumptions rather than elliptic curves.
Starknet’s native account abstraction lets accounts switch signature schemes without a network-wide protocol change, and post-quantum accounts are already active on Starknet mainnet.
Kripto piyasasındaki yükseliş daha riskli bölgelere taşındı. Kedi ve köpek temalı meme coinler haftalık bazda %130’a varan kazançlar elde ederken Cash Cat son 24 saatte %51 yükseldi.
Bitcoin ve büyük kripto paralarla başlayan yükseliş, şimdi piyasanın daha spekülatif bölümüne yayılıyor. Özellikle düşük piyasa değerine sahip kedi ve köpek temalı meme coinlerde sert hareketler görülüyor.
Robinhood ekosistemindeki Cash Cat, son 24 saatte yaklaşık %51 yükselerek 0,218 dolara çıktı. Tokenın haftalık kazancı ise %113’e ulaştı. Son 30 gündeki yükseliş %345’i bulurken piyasa değeri yaklaşık 215 milyon dolara çıktı.
Hangi Meme Coinler Bu Hafta En Çok Yükseldi? Ralli yalnızca Cash Cat ile sınırlı kalmadı. Kedi temalı meme coinlerde de güçlü hareketler görüldü.
Thinking Cat son yedi günde %131 yükseldi. Purr %93, Popcat %54 ve cat in a dogs world (MEW) %49 değer kazandı.
Köpek temalı tokenlarda da benzer tablo ortaya çıktı. Dog (Bitcoin) yaklaşık iki katına yaklaşırken dogwifhat %64, Bonk %47 ve Floki %40 yükseldi.
Piyasanın en büyük meme coinleri de yükselişe katıldı. Dogecoin son yedi günde yaklaşık %32, Shiba Inu ise %30 değer kazandı. Token yaklaşık 0,00000547 dolardan işlem görürken piyasa değeri 3,2 milyar doları aştı.
Bu hareket, yatırımcıların yalnızca büyük kripto paralara değil, piyasa değeri daha düşük ve likiditesi daha sınırlı tokenlara da yönelmeye başladığını gösteriyor.
Cash Cat Neden Bu Kadar Hızlı Yükseldi? Cash Cat’in hareketi, düşük likiditenin fiyat üzerindeki etkisini açık biçimde gösteriyor.
Token son 24 saatte yaklaşık 80 milyon dolarlık işlem hacmine ulaştı. Piyasa değeri ise yaklaşık 215 milyon dolar seviyesinde. Bu, tokenın büyüklüğüne kıyasla oldukça yüksek bir işlem trafiğine işaret ediyor.
Böyle piyasalarda alıcıların artması fiyatı çok daha hızlı yukarı taşıyabiliyor. Ancak aynı mekanizma ters yönde de çalışıyor.
Likidite derinliği düşük olduğunda satışlar da sertleşebiliyor. Yani son yükseliş yalnızca fırsat anlamına gelmiyor; yüksek oynaklık riskini de beraberinde getiriyor.
Meme Coin Rallisi Piyasadaki İştahı mı Gösteriyor? Meme coinlerdeki hareketin daha geniş bir anlamı da var. Yatırımcılar büyük kripto paralardan daha küçük ve yüksek riskli tokenlara geçtikçe piyasanın risk alma iştahı da artıyor.
Meme coinler geleneksel bir işletme veya düzenli nakit akışından çok internet kültürü ve topluluk ilgisiyle değer kazanıyor. Bu nedenle piyasa duyarlılığı değiştiğinde fiyatları diğer birçok varlıktan çok daha sert hareket edebiliyor.
Cash Cat, Thinking Cat ve Dog (Bitcoin) gibi tokenların aynı dönemde güçlü yükselmesi, rallinin piyasa değeri daha küçük varlıklara doğru genişlediğini gösteriyor.
Ancak burada önemli bir ayrım var: Düşük likidite yükselişi büyüttüğü gibi düşüşü de büyütebilir. Alıcılar çekildiğinde fiyatlar çok daha hızlı gerileyebilir.
Kripto Piyasasında Korku ve Açgözlülük Endeksi Ne Söylüyor? Meme coin hareketliliğine piyasa duyarlılığındaki hızlı değişim de eşlik ediyor.
Crypto Fear & Greed Index yaklaşık 75 seviyesine çıktı. Gösterge yalnızca bir hafta önce 30 civarındaydı. Böylece endeks, Ekim 2025’in başından bu yana en yüksek seviyesine ulaştı.
Geçmişte endeksin 70’li seviyelere yükselmesinin ardından 10 Ekim’deki sert kaldıraç çözülmesi yaşanmıştı. Ancak bu karşılaştırma tek başına yeni bir düşüşün geleceği anlamına gelmiyor. Endeks mevcut piyasa duyarlılığını ölçüyor; gelecekte yaşanacak bir çöküşü öngören bir gösterge değil.
Bugünkü tablo daha çok risk iştahının hızla arttığını gösteriyor. Meme coinlerdeki sert yükseliş de bu iştahın piyasanın daha spekülatif tarafına kadar yayıldığının işareti.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
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Arthur Hayes, closely followed for his statements and predictions in the cryptocurrency market, made noteworthy assessments for Bitcoin and Ethereum, as well as Ethereum (ENA) and Ether.fi (ETHFI). Hayes argued that a new bull market has begun and stated that Maelstrom is taking maximum risk on all four assets.
Arthur Hayes, who stated that he expects a major rise in cryptocurrencies, argues that Bitcoin is poised for a parabolic increase.
In a recent interview on the Altcoin Daily YouTube channel, Hayes claimed that Bitcoin is likely to soon experience a full parabolic rise, and therefore now is the right time to hold the asset.
Hayes added that Bitcoin would quickly reach “hundreds of thousands of dollars” and that anyone worried about the Fed’s control over bond yields should own Bitcoin now.
Highlighting ENA! Hayes, who stated that he is optimistic about altcoins as well as Bitcoin, noted that base trading, which profits from the price difference between spot and futures markets, is beginning to revive, and said that this is a positive signal for the crypto market.
However, Hayes noted that interest rates are still too low.
Hayes stated that the reactivation of base trading could be particularly positive for Ethereum (ENA) and that ENA still holds significant upside potential.
In his latest blog post, Hayes stated that the Maelstrom fund is also in maximum risk mode and shared the altcoins in their portfolio.
“Bitcoin, Ethereum, Ethena and Ether.fi”
FLOP is an Important Part of a Blog Post! Hayes also dedicates a significant portion of his latest blog post to his new project, Flop Network.
They state that there is no pre-sale for FLOP, the token cannot be purchased, and useful activities on the testnet are required for the airdrop.
“…I repeat: there is no pre-sale. You cannot buy FLOP. Only those who participate in beneficial ways are eligible. Stay tuned for more information about the airdrop…”
Therefore, FLOP should not yet be considered an existing market position like ENA or ETHFI. Hayes positions it more as a new project to be established at the beginning of a new bull market.
*This is not investment advice.
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Jeopolitik gerilimlerin yeniden tırmanması küresel piyasalarda dalgalanmayı artırırken Bitcoin güçlü duruşunu korumaya devam ediyor. ABD ile İran arasındaki gerilimin yeniden gündeme gelmesi petrol fiyatlarını yukarı taşırken hisse senedi piyasalarında satış baskısını artırdı. Buna karşın BTC, 77.800 dolar civarında yatay seyrederek diğer riskli varlıklara kıyasla dirençli bir görünüm sergiliyor. Bitcoin’in Ağustos ayındaki yaklaşık yüzde 23’lük yükselişi de dikkat çekiyor. BTC bu performansıyla aynı dönemde yüzde 9 yükselen altın ve yüzde 4 değer kazanan Nasdaq’ı geride bırakmış durumda.
Petrol Fiyatları Yükselirken Bitcoin Direncini Korudu ABD’nin İran’a yönelik saldırısının ardından küresel piyasalarda jeopolitik risk algısı güçlenirken petrol fiyatlarında da sert hareketlilik yaşandı. WTI ham petrol vadeli işlemleri yaklaşık yüzde 2 yükselerek 85,10 dolara ulaşırken Brent petrol yüzde 1,9 artışla 92,39 dolara çıktı. Petrol piyasasında arz endişeleri öne çıkarken, hisse senedi piyasalarında satış baskısı görüldü. Buna karşın Bitcoin gece yarısından bu yana büyük ölçüde değişmeden 77.800 dolar civarında işlem görerek jeopolitik baskılara karşı dirençli bir görünüm sergiledi.
İlginizi Çekebilir: Hyperliquid’de Hacim Şoku: Yükseliş Devam Edecek mi?
Bitcoin bu ay gösterdiği performansla diğer önemli varlıkların önüne geçmeyi başardı. BTC yaklaşık yüzde 23 değer kazanırken altın yüzde 9, Nasdaq ise yüzde 4 yükseldi. Aynı dönemde XRP yüzde 0,8, Solana ise yüzde 0,6 geriledi. Bitcoin’deki güçlü görünümde spot Bitcoin ETF’lerine yönelik sermaye girişlerinin yanı sıra yatırımcıların para politikasına ilişkin beklentileri de etkili olabilir. Piyasadaki kurumsal ilginin devam etmesi, BTC’nin yükseliş performansını destekleyen önemli unsurlardan biri olarak öne çıkıyor.
Fed Kararı Bitcoin İçin Kritik Hale Geldi Fed Başkanı Kevin Warsh’ın Jackson Hole Sempozyumu’nda yaptığı şahin açıklamalar, piyasalarda Eylül ayında faiz artışı ihtimaline ilişkin beklentilerin yeniden güçlenmesine yol açtı. MUFG FX stratejisti Lloyd Chan, piyasaların Eylül faiz artışına yaklaşık yüzde 58 ihtimal verdiğini belirtti. Faiz beklentilerindeki bu değişim, dolar ve tahvil piyasalarının yanı sıra Bitcoin gibi riskli varlıkların seyri açısından da önem taşıyor. Fed’in para politikası mesajları, BTC’nin önümüzdeki dönemdeki yönü üzerinde belirleyici olabilir.
Giottus CEO’su Vikram Subbaraj, yatırımcıların yüksek makro belirsizlik döneminde agresif kaldıraçtan kaçınması gerektiğini söyledi. Subbaraj’a göre Bitcoin yaklaşık 77 bin dolarda destek bulurken 79.400-80.800 dolar aralığı ana direnç bölgesi olarak öne çıkıyor. Özellikle 4 Eylül’de açıklanacak ABD istihdam verileri Bitcoin’in kısa vadeli yönü açısından yakından izlenecek.
Değerlendirme Bitcoin, jeopolitik risklerin küresel piyasalarda baskı oluşturduğu süreçte güçlü görünümünü korumayı sürdürüyor. BTC’nin 77 bin dolar üzerindeki hareketi yatırımcılar açısından önem taşırken, gözler 79.400 ile 80.800 dolar arasındaki direnç bölgesine çevrilmiş durumda. Bitcoin’in bu bölgeyi aşması yükseliş beklentilerini güçlendirebilir. Öte yandan Fed’in faiz politikası, ABD istihdam verileri ve devam eden jeopolitik gelişmeler, Bitcoin fiyatının önümüzdeki dönemdeki yönünü belirleyebilecek temel faktörler arasında yer alıyor.
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The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
4 minutes ago
Nearly $80 million in Bitcoin buy orders were front-run, while a new address plans to go long near $75,000.
According to monitoring by TradingBeats (formerly Hyperinsight), a recently created address placed 30 non-position-reducing limit buy orders for BTC at 14:22 today, with prices ranging from $75,000 to $76,000. The total planned purchase volume is 1,046.7831 BTC, translating to a nominal value of approximately $79.032 million based on the order prices. The address currently holds no open positions; all 30 orders are identical in size at 34.892 BTC each, with each order valued between roughly $2.62 million and $2.65 million. BTC is currently trading at $78,689.4, meaning these buy orders are priced 3.42% to 4.69% below the current market rate. It is learned that this address was activated four days ago, receiving around $5.1 million in funds, after which it executed four short positions that yielded a profit of $330,000. If the orders are filled, this will mark the address’s first long position. On-chain perpetual and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, enabling in-depth analysis from address tracing to whale operations, with comprehensive insights available at a glance.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
4 minutes ago
Arthur Hayes: The market may be refocusing on the "forgotten" Ethereum.
Arthur Hayes has recently expressed a bullish outlook on Ethereum’s future. He noted that ETH was previously heavily sold off by the market, but has recently shown signs of strengthening relative to Bitcoin (BTC), which may signal the market is refocusing on this asset. Hayes believes that ETH’s strength relative to BTC could be a key indicator of a shift in market sentiment, and the trading logic around the "forgotten Ethereum" may be regaining market attention.
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback. Official Trump also emerges as a top performer with double-digit gains, testing the bullish breakout of its 200-day EMA at $2.725.
CoinMarketCap’s Fear and Greed Index at 83 on Friday indicates a firm bullish sentiment in the crypto market.
Fear and Greed Index. Source: CoinMarketCapCoinGlass data shows that Bitcoin options Open Interest (OI) on Deribit stands at around $6.16 billion for Friday's expiry, driven by $948,950 in Puts and $262.49 million in Calls. The large difference between the actual values of Call and Put contracts and their notional values reflects the highly leveraged options market.
The max pain – the strike price with the largest volume of contracts – is at $70,000, with $2.42 billion in notional value, driven by $11.31 million in Puts and $206.33 million in Calls set to expire.
BTC options expiry data. Source: CoinGlassBitcoin trades at $80,403 on Friday, maintaining a clear bullish bias as the price holds well above both the 50-day and 200-day Exponential Moving Averages, near $68,732 and $73,191, respectively.
Momentum remains overheated, with the Relative Strength Index (RSI) hovering deep in overbought territory around 82 and the Moving Average Convergence Divergence (MACD) still positive but losing altitude, suggesting that upside momentum could be slowing.
The immediate resistance for Bitcoin aligns with the March 13 swing high near $82,850. A confirmed breakout above this level could target the 127.2% Fibonacci extension level at $89,663, measured over the downswing from $82,850 to $57,800.
BTC/USDT daily price chart.On the downside, the crucial support for Bitcoin aligns with the 78.6% Fibonacci retracement level at $77,489, followed by the 200-day EMA at $73,191.
Ethena rallies on early investors, revenue buybackEthena Foundation bought back locked ENA tokens from major seed investors, absorbing the supply pressure triggered by October 10 market-wide liquidations. Ethena also proposed allocating 95% of net revenue for ENA token buybacks after USDe reaches the first $7.5 billion supply milestone, as previously reported by FXStreet.
Ethena is up 9% on Friday, extending its 15% gain from the previous day. The DeFi token maintains a constructive bullish bias as the price sustains well above both 50-day and 200-day EMAs at $0.1068 and $0.1278, respectively.
The three consecutive days of recovery reflect a bounce back from the 50% retracement level at $0.1356 to the 78.6% retracement level at $0.1982, measured over the downswing from $0.2633 to $0.0699. A confirmed breakout above $0.1982 could target the previous swing high at $0.2633.
Momentum remains strong, with the MACD and signal line rising, and the RSI at 81 suggests overbought conditions that could slow the advance.
ENA/USDT daily price chart.On the downside, initial support appears at the 50% retracement at $0.1356, reinforced by the 200-day EMA at $0.1278.
Official Trump tests 200-day EMA breakoutTRUMP trades at $2.7630 on Friday, keeping a bullish near‑term tone above both the 50‑day EMA at $1.7996 and the 200‑day EMA at $2.7067. The pair has also reclaimed the 50% retracement from $4.4970 to $1.365 at the $2.4775 level, reinforcing the constructive structure.
The MACD and signal line are steadily rising in the positive territory, while the RSI sits in overbought territory near 73, hinting that the latest rally could be vulnerable to bouts of profit‑taking.
A confirmed breakout of the 200-day EMA at $2.7067 could extend the TRUMP rally toward the 78.6% Fibonacci retracement level at $3.4843.
TRUMP/USDT daily price chart.On the downside, immediate support is seen at the 50% retracement at $2.4775. A deeper pullback would expose the 23.6% retracement at $1.8085, reinforced by the 50‑day EMA near $1.7996.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
According to monitoring by Lookonchain, trader 0x12C2 recently opened a long position of 50 Bitcoin on Aster DEX, valued at roughly $3.99 million. The position has since generated an unrealized profit of $658,000, with a return rate of 825%.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Eric Trump says American Bitcoin (ABTC) mines between 11 and 13 BTC daily at close to 49% gross margins, running nearly 90,000 miners. The company’s own quarterly filings largely support those figures.
Speaking on the Wolf Financial podcast, the co-founder and president’s son framed the output as proof of one of the sector’s most efficient mining operations, months after a public dispute over the firm’s true production costs.
Numbers Track With Recent FilingsAmerican Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr. The venture merged with Gryphon Digital Mining to list on the Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp, which backed the venture, remains the majority owner.
The company’s treasury has grown to about 8,300 BTC as of late August, according to Trump. That is up from roughly 5,401 BTC at the end of 2025, continuing an accumulation strategy that has drawn comparisons to Strategy.
It mined a record 932 BTC in the second quarter of 2026, its highest output yet. Gross margins that quarter landed near 49%, matching the figure Trump cited.
Bitcoin (BTC) traded near $77,696 as of writing, up 0.49% over 24 hours. That gives the reserve a paper value above $600 million.
A Disputed Cost BasisThe margin claim follows a spring dispute over the firm’s true production costs. Forbes alleged American Bitcoin’s all-in cost ran closer to $90,000 per coin, above the roughly $57,000 figure Trump has repeated. Trump rejected the report as politically motivated.
Neither side has published a fully reconciled cost breakdown since. American Bitcoin markets its no-sale treasury policy as proof that mining bitcoin is cheaper than buying it outright. That claim hinges on which cost figure holds up.
Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months.
Saylor Sparks IntrigueSaylor posted the company’s accumulation chart on X, using orange circles or “dots” to highlight the firm’s Bitcoin purchases.
“We’re ₿ack,” he wrote.
In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months.
Will Strategy Start Buying BTC Again?Strategy, the world’s largest corporate Bitcoin holder, has paused its BTC purchases, with the last reported acquisition on June 22.
The company shifted focus to capital raising, strengthening cash reserves and managing its balance sheet. It also began selling its Bitcoin, undermining the "never sell" thesis that bullish investors had relied on.
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As of this writing, Strategy holds 840,447 BTC, worth more than $72 billion. The company has nearly $9 billion in unrealized losses on its Bitcoin holdings.
Trending
Saylor’s comments came after Bitcoin rebounded in the second half of August, rising to $80,000. The cryptocurrency has gained 23% in the past month.
Price Action: At the time of writing, BTC was trading at $77,822.59, down 0.38% in the last 24 hours, according to data from Benzinga Pro.
MSTR stock fell 1.35% in pre-market trading after gaining 4.99% to close at $97.68 during Monday’s regular session.
Benzinga’s Edge Stock Rankings show that Strategy stock has underperformed over the long term, despite displaying strong price trends across short- and medium-term timeframes.
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Photo: Hi my name is Jacco on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Bitcoin (BTC) price is trading above $77,000 on Monday, sustaining monthly gains of over 20% so far. The technical outlook for Bitcoin is bullish as the price holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment. Decentralized Exchange (DEX) tokens, Uniswap (UNI) and PancakeSwap (CAKE), emerge as top performers over the last 24 hours, eyeing further gains.
CoinMarketCap’s Fear and Greed Index is down to 73 from 82 last week, suggesting that the crypto market is stepping off the edge amid higher Fed rate concerns.
Fear and Greed Index. Source: CoinMarketCapBitcoin holds at key support as momentum wanesBitcoin trades at $77,730 on Monday, maintaining a clear bullish bias as the price holds above the 78.6% retracement level of the $82,850 to $57,800 downswing, which is at $76,706. The King Crypto also holds above both the 50-day Exponential Moving Average (EMA) at $69,675 and the 200-day EMA at $72,630.
Momentum shows easing bullish pressure as the Moving Average Convergence Divergence (MACD) risks crossing below its signal line amid a waning histogram profile. At the same time, the Relative Strength Index (RSI) slips to 69 from the overbought zone, hinting that overstretched momentum is easing.
Bitcoin must clear the $82,850 resistance for a sustained upside toward the 127.2% Fibonacci extension level at $91,374.
BTC/USDT daily price chart.On the downside, initial support is seen at the recently reclaimed 78.6% retracement at $77,489, ahead of a broader demand cluster formed by the 200-day EMA at $72,630 and the 50% retracement at $69,200.
DEX tokens extend gainsUniswap trades above $5.00 at press time on Monday, sustaining its 9% gains from the previous day. UNI maintains a bullish near-term bias as price holds above the converging 50-day and 200-day EMAs at $3.94 and $4.04, hinting at a Golden Cross.
Momentum remains strong with the MACD and signal line extending positive slope, and the RSI at 71 hovering in the overbought territory, suggesting persistent upside pressure.
The immediate resistance for UNI aligns with the 127.2% Fibonacci extension level of the $2.31-$4.57 upswing, at $5.50. A confirmed breakout of this level could target the 161.8% Fibonacci extension level at $6.97.
UNI/USDT daily price chart.On the downside, initial support emerges at the former Fibonacci anchor near $4.57, followed by a dense structural floor around the $4.04–$3.95 area where the 200-day EMA and the 23.6% retracement converge with the 50-day EMA.
PancakeSwap hovers around $1.8100, maintaining a bullish near-term bias as price holds well above the 50-day EMA at $1.5487 and the 200-day EMA at $1.5561. This positioning of the moving average suggests a potential Golden Cross amid a bullish trend reversal.
Momentum stays constructive with the MACD and signal line rising above zero and the RSI hovering near 72, hinting at strong buying pressure but also an emerging overbought condition.
From a technical perspective, CAKE forms a flag pattern on the daily chart as price consolidates between $1.6770 and $1.8570, following the 32% rally earlier this month. A confirmed breakout above $1.8570 could extend the rally by another 32% toward $2.4600.
CAKE/USDT daily price chart.However, a corrective pullback below $1.6770 could invalidate the bullish flag pattern and potentially target the 50-day and 200-day EMAs at $1.5561 and $1.5487, where buyers are likely to reemerge to defend the prevailing bullish structure.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin slipped back below US$80,000 on Friday (Aug 28) after Federal Reserve Chair Kevin Warsh pledged to bring inflation back to target, pushing short-term Treasury yields higher and cooling some of the week’s risk-on momentum.
The move was modest rather than a reversal of the broader crypto rebound. Warsh said financial conditions are not restrictive and stressed that inflation must move clearly toward the Fed’s target, reinforcing expectations that policy could stay tighter for longer. Bitcoin eased with other rate-sensitive assets but remained well above levels seen earlier this month.
The crypto market is still in a limbo with no clear directional views in sight after a short squeeze due to a record liquidation in leveraged bearish bets on digital assets last week.
The open interest for Bitcoin futures, which makes up the majority of crypto trading, has not seen a significant recovery after the wipeout, according to data from Coinglass.
“Despite a slight hawkish tilt from Warsh, the market is digesting all of this relatively well so far,” said Jasper De Maere, OTC trader at Wintermute. “For me, the speech fell in line with expectations.”
Bitcoin dropped as much as 4 per cent to US$76,871, and is now little changed on the week. It registered a gain of 23 per cent in the previous one. The price is still down about 40 per cent from an all-time high of around US$126,000 last October.
Traders are looking at longer-term metrics to gauge the health of the rebound. According to a research report by Galaxy Digital, in four of the five completed crypto bear markets, once the 50-week moving average was first broken to the upside, the bear market bottom was definitively in.
“From here it comes down to the 50-week moving average: it needs to hold on a weekly close for the bullish structure to stay intact, and alts are the higher-beta expression of that same test,” said Mostafa Al-Mashita, co-founder of Secure Digital Markets. “The rally looks structurally healthier than a typical leverage-driven crypto move.”
Crypto options traders are cautiously optimistic in the medium to long term. On the heels of Bitcoin surging from US$62,000 to US$80,000 in little more than a week, US$6.4 billion in Bitcoin options expiry on crypto exchange Deribit leaves market makers facing key positioning decisions that could amplify volatility.
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“Leading into today, we’ve seen skew start to shift more call-heavy and implied volatility rise above the historic lows its waded in the past couple months. The expiration offers an opportunity for the market to reset positioning,” said Alex Blume, founder and CEO of Two Prime. “I am looking to see if the skew continues to trend towards calls and if implied volatility remains elevated.”
There have been very big blocks of US$85,000 call options with a September expiry, and US$90,000 call option with expiry dates in November and December, according to De Maere. BLOOMBERG
The liquidations topped $200 million within an hour once the entire market headed south suddenly.
After jumping past $79,000 on Sunday evening, bitcoin entered the new business week on the wrong foot, slipping below $77,000 in an hour or so as geopolitical tensions returned to financial markets.
The decline came amid renewed fighting between the United States and Iran, following nearly a month of relative calm as the US reportedly focused only on increasing economic pressure. US Forces struck two Iranian launchers on the island of Larak on Sunday, while the latter retaliated with strikes against military targets stationed in Jordan.
US President Trump’s AI video of how Kharg Island, Iran’s key oil region, is being “blown to smithereens” didn’t help defuse the situation either.
Oil Up, Asian Markets Down Brent crude reacted immediately with a near-3% surge to over $90 per barrel, reviving concerns about another energy-driven inflation shock. This is particularly worrisome following Fed Chair Kevin Warsh’s hawkish speech at Jackson Hole on Friday, as higher oil prices deteriorate the inflation picture.
In contrast to oil, Asian stock markets headed south after the attacks went public, with Japan’s Nikkei falling by roughly 2%. South Korea’s Kospi and Chinese equities also turned red, while US and European stock futures followed suit. The Japanese yen weakened beyond 160 against the greenback.
Bitcoin dipped below $77,000, losing over $2,000 of value. Additional pressure came from Wintermute, as on-chain data showed that the entity transferred 5,100 BTC, worth almost $400 million, to Binance over the past two days, likely intending to sell.
Although this transfer doesn’t guarantee that Wintermute has sold, recall that similar actions taken by the market maker last week resulted in another leg down for BTC and the alts.
You may also like: From Record Short Squeezes to Massive ETF Inflows: Everything Driving Bitcoin Right Now US Secures 65 Billion Barrels of Venezuelan Oil: Could This Be Bullish for Bitcoin? Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? Ethereum’s situation was even worse, as it plunged from over $2,500 to under $2,400 in an hour. Lookonchain reported that a whale or an institution had deposited almost 41,000 ETH (worth over $100 million) onto exchanges, a move typically made before selling.
Liquidations on the Rise The sharp move south led to over $400 million in wrecked positions on a daily scale, with the lion’s share coming earlier this morning. Interestingly, ETH longs are responsible for almost $100 million, while BTC longs are just $62.60 million, according to CoinGlass.
The single-largest wrecked position also involved the leading altcoin, with a trader getting liquidated for $6.12 million on Aster. In total, more than 100,000 over-leveraged traders were wiped out in the past day.
Metaplanet, the Tokyo-listed company that has quietly become one of the world’s largest corporate Bitcoin holders, moved roughly 2,400 BTC worth approximately $186M into Coinbase Prime over a span of days in late August. For anyone watching the blockchain and wondering if Japan’s answer to MicroStrategy was about to hit the sell button, the company’s CEO had a simple message: relax.
The deposits, split across multiple transactions on August 25 and August 28, represented a sizable chunk of the firm’s treasury. But they were followed almost immediately by an even larger transfer of 3,000 BTC, valued at roughly $237M, on August 29. That’s over $420M in Bitcoin flowing into a single custodial platform in less than a week.
Custodial shuffling, not a fire sale CEO Simon Gerovich addressed the inevitable speculation head-on. The transfers, he stated, are custodial in nature and do not signal any intention to liquidate the company’s Bitcoin position.
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This isn’t the first time Metaplanet has triggered on-chain anxiety. Earlier in August, the company moved over 5,000 BTC between its own internal custodial addresses. Gerovich characterized those transfers as routine adjustments, the kind of housekeeping that large institutional holders perform regularly but that can look alarming on a blockchain explorer without context.
A $4 billion Bitcoin treasury Metaplanet’s total Bitcoin holdings now stand at approximately 43,000 BTC. The company’s aggregate cost basis sits at around $4.09B, putting its average purchase price at roughly $96,191 per coin.
The strategy mirrors what Michael Saylor pioneered at MicroStrategy: use corporate balance sheet firepower to accumulate Bitcoin as a primary treasury reserve asset. Metaplanet has executed this playbook aggressively, building its position through consistent purchases funded by equity raises, convertible bonds, and operational cash flow.
Superplanet and the US expansion Metaplanet is advancing a proposal to contribute 2,100 BTC along with $2.5M in cash toward a new venture called Superplanet.
Superplanet is envisioned as a US-based, Nasdaq-listed Bitcoin treasury platform, developed in partnership with Super League Enterprises. The proposal requires shareholder approval, with a vote targeted for the fourth quarter of 2026.
Contributing 2,100 BTC to a new entity would represent roughly 4.9% of Metaplanet’s current holdings.
Why the market barely flinched Perhaps the most telling detail about this entire episode is what didn’t happen. Bitcoin’s price showed minimal reaction to Metaplanet’s transfers, even as hundreds of millions of dollars in BTC moved on-chain in plain view.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin is trading at $78,796.58, Ethereum at $2,478.28 and XRP at $1.40 as traders brace for a week loaded with U.S. labor market data that could shape the Federal Reserve’s next policy move and, by extension, crypto’s near-term direction.
Current Market Snapshot
Bitcoin: $78,796.58, up 1.7% over 7 days, market cap $1.58 trillionEthereum: $2,478.28, up 0.7% over 7 days, market cap $299 billionXRP: $1.40, up 7.7% over 7 days, market cap $87.78 billionSolana: $106.44, up 12.0% over 7 daysBNB: $698.37, roughly flat over 7 daysThe Data Calendar Traders Are Watching
According to The Kobeissi Letter, six major economic releases are scheduled this week, with the labor market as the central focus for markets:
Monday: August Chicago PMI dataTuesday: August ISM Manufacturing PMI and Prices data, plus July JOLTS Job Openings dataWednesday: August ADP Nonfarm Employment dataThursday: August ISM Non-Manufacturing PMI and Prices dataFriday: July Jobs ReportWhy the Labor Market Is the Focus
Employment data carries outsized weight for crypto right now because it feeds directly into the Fed’s rate decision at the next FOMC meeting. A labor market that shows unexpected strength could reinforce the hawkish tone Fed Chair Kevin Warsh struck at Jackson Hole, keeping rate-cut expectations low and pressuring risk assets including Bitcoin, Ethereum and XRP.
Bitcoin’s Technical Setup
Bitcoin remains range-bound between support near $73,000-$75,000 and resistance in the $80,000-$82,000 zone, with a breakout above roughly $82,500 seen by technical analysts as the level needed to confirm a larger bullish trend shift on higher timeframes. A significant pocket of liquidation liquidity sits between $76,400 and $76,700, a level analysts have flagged as a likely near-term target if short-term weakness continues.
Ethereum and XRP Setups
Ethereum is holding above the $2,400 level, keeping its bullish breakout structure intact, with the next resistance zone at $2,750 to $2,800. XRP is testing support between $1.30 and $1.40 after rejecting resistance near $1.60 to $1.70, following an extended overbought signal that triggered the recent pullback. The current cooldown does not necessarily signal a reversal, but rather a reset before a potential resumption of the broader trend.
What It Means for the Week Ahead
With five separate labor and manufacturing data points landing between Monday and Friday, volatility across Bitcoin, Ethereum and XRP is likely to build heading into Friday’s Jobs Report, widely seen as the week’s most important release. How that data lands relative to expectations will likely determine whether crypto’s recent consolidation resolves to the upside or extends the current cooling-off period.
Story Ends Here
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Spot Bitcoin exchange-traded funds in the United States experienced $201.9 million in net outflows on August 28, halting a nine-day streak of consecutive inflows and reducing cumulative net inflows to approximately $55.1 billion.
Bitcoin ETF outflows after record runThe recent outflow arrived after a strong performance for Bitcoin ETFs, which had attracted $2.8 billion over the previous eight-day stretch. During this period, as Bitcoin approached $80,000, daily inflows repeatedly surpassed $300 million, reaching more than $600 million on August 20. The sharp reversal marked the end of one of the most robust runs for these funds, which now manage a combined $93.9 billion in net assets, according to SoSoValue.
Decrypt’s ETF flow tracker responded by updating its Bitcoin sentiment to “bearish” for the day, reflecting the broader market’s reaction to the cooling inflows.
An ETF is an investment fund that holds an underlying asset and allows investors to trade its shares on standard stock exchanges. A spot Bitcoin ETF holds actual Bitcoin, with each share offering a claim on a specific slice of the fund’s holdings. This structure provides mainstream investors with exposure to Bitcoin’s price without directly owning or storing the cryptocurrency.
U.S. spot Bitcoin ETFs only launched in January 2024 after years of regulatory delays, and since then, they have quickly grown into some of the most prominent and fastest-growing ETF products on the market.
Daily inflows and outflows for Bitcoin ETFs often mirror price volatility and shifts in macroeconomic conditions, making them a widely watched barometer of cryptocurrency market sentiment.
While Bitcoin ETFs saw investor withdrawals, U.S.-listed Ethereum ETFs recorded $102.1 million in net inflows on August 28. This marked their tenth consecutive day of positive flows, elevating cumulative net inflows to roughly $12.9 billion and bringing the total assets under management to $13.8 billion.
Decrypt’s ETF tracker maintained a “bullish” stance on Ethereum funds, underscoring the sustained demand. Notably, despite a significantly smaller asset base compared to their Bitcoin counterparts, Ethereum ETFs have recently managed to match or rival Bitcoin’s daily inflows.
The contrasting trends between Bitcoin and Ethereum ETFs have drawn attention as institutional and retail investors weigh the latest market developments and seek balanced exposure to both leading cryptocurrencies.
ETF TypeNet Flow on August 28Streak (Days)Cumulative Net InflowsTotal Net AssetsBitcoin-$201.9 million0 (Ended at 9)$55.1 billion$93.9 billionEthereum+$102.1 million10$12.9 billion$13.8 billionThe divergence in ETF flows coincided with remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium, described as “hawkish” by several market observers. His comments contributed to a pullback in Bitcoin prices, which had surged toward $80,000 before slipping, though Bitcoin managed to recover to near $79,000 over the weekend.
Despite the single-day outflow and the interruption of the record streak, market analysts indicate that overall institutional demand for spot Bitcoin and Ethereum ETFs remains solid. The outflow appears modest in the context of the tens of billions accumulated since the funds’ debut earlier this year, and does not yet point to a wider retreat in investor appetite.
Friday’s net outflow in U.S. spot Bitcoin ETFs ended a nine-day streak of inflows, even as Ethereum ETFs extended their winning run to 10 days, with both attracting billions in net assets since launching.
The evolving flows between Bitcoin and Ethereum funds continue to offer insight into changing investor preferences as the crypto market adapts to fluctuating sentiment and macroeconomic signals.
Ethereum price held near $2,440 as digital assets extended a strong recovery following seven months of losses from January’s highs.
The total cryptocurrency market increased 0.5% within 24 hours, reaching approximately $2.65 trillion. Bitcoin price traded around $78,500, while XRP price remained close to $1.38. Over 14 days, Ethereum advanced 29%, with gains of 22% for Bitcoin and 33% for XRP.
Tom Lee Predicts Ethereum Could Reach $6,000 Tom Lee expects Ethereum’s performance against Bitcoin price to improve before the end of 2026. The Fundstrat co-founder and Bitmine Immersion Technologies chairman shared his outlook on Friday’s Milk Road Show. Lee said the ETH-to-BTC ratio, recently near 0.03, could reach 0.04 by year-end.
Bitcoin price at $150,000 and a 0.04 ratio would place Ether near $6,000 under that scenario. He called the estimate conservative because the ratio approached 0.08 during the 2021 bull cycle.
LATEST: 📈 Tom Lee said Ethereum could reach around $6,000 if Bitcoin hits $150,000, telling Milk Road it’s actually a conservative price target. pic.twitter.com/4zD7y6TGTn
— CoinMarketCap (@CoinMarketCap) August 30, 2026
The projection reflects Ethereum’s recent relative market strength after its 29% gain during the latest 14-day period. However, both assets need sustained demand for Lee’s year-end calculation to remain achievable. The ratio will indicate whether Ethereum continues outperforming Bitcoin through the coming months.
CLARITY Act Could Fuel Ethereum’s Institutional Adoption Lee named the CLARITY Act as Ethereum’s main near-term catalyst for institutional participation. The legislation would clarify U.S. digital asset oversight. It would also divide responsibilities between the SEC and CFTC.
The Senate is expected to hold an important cloture vote on September 15. That decision could determine whether the proposal advances toward further debate and approval. Lee said regulatory certainty matters more to traditional financial companies than established cryptocurrency businesses.
Clear rules could help banks and asset managers develop digital asset services with greater confidence. Still, Lee expects Ethereum to perform well if lawmakers fail to pass the legislation in September. Developers have continued innovating despite years without comprehensive regulatory clarity.
Ethereum ETFs Attract $102 Million in Daily Inflows Institutional interest was also visible across United States spot Ethereum exchange-traded funds. The products registered $102.18 million in net inflows on August 28, extending their positive momentum. Total historical inflows reached $12.97 billion, while daily trading volume stood at $1.37 billion.
Source: Sosovalue data Their combined net assets rose to $15.23 billion, representing 5.20% of Ethereum’s total market capitalization. BlackRock’s ETHA received $83.79 million and led the session among individual funds.
ETHB followed with $42.64 million, although activity elsewhere reduced the industry’s final daily total. Continued inflows could strengthen liquidity and provide Ethereum with greater support during uncertain market conditions.
Ethereum Price Outlook This Week Eyes $2,500 Resistance Ethereum price faces $2,500 as its main resistance level this week. A firm move above $2,500 could extend the developing recovery and open room for further gains as per the long-term ETH projection.
Source: TradingView Repeated failure there could leave Ethereum price confined within its current range. The nearby $2,400 area offers an immediate reference if momentum weakens. Bitcoin’s movement will remain influential because Ethereum’s larger outlook relies partly on BTC reaching $150,000.
After an aggressive August breakout, Bitcoin is consolidating, but because it is still well above the 200-day moving average, the daily structure remains heavily biased in favor of buyers. After peaking just above $81,000, Bitcoin is currently trading at about $78,840. The move started at about $63,000, so Bitcoin gained almost 30% before facing significant resistance.
BTC/USDT Chart by TradingViewSellers have not produced a significant retracement despite multiple erratic sessions near $80,000. The recovery of the 200-day moving average continues to be the strongest technical development. The rapidly rising 20-day EMA has reached roughly $72,250, while this indicator is currently at about $72,180. Their convergence around $72,000 establishes a crucial support area.
Bitcoin's consolidation isn't stopping yetAdditionally, Bitcoin is trading well above its 50-day and 100-day moving averages, which are currently at $68,680 and $67,300, respectively. In addition to confirming the breakout's strength, the separation demonstrates how far Bitcoin has risen in a comparatively short amount of time.
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The RSI is still high at about 72.5. Bitcoin is still technically overbought even though it has decreased from its recent peak. This allows for more consolidation prior to another sustainable leg higher.
Both the most recent peak and Bitcoin's May high are located in the immediate resistance zone, which is between $80,000 and $82,000. Breaking $82,000 would provide a significant continuation signal in addition to removing the most obvious nearby technical barrier. $76,000–$77,000 is the first short-term support on the downside.
$72,000 would become more relevant with a deeper correction. The larger reversal continues as long as Bitcoin stays above its recovered 200-day average. Although chasing the price is becoming riskier due to the elevated RSI, the current sideways movement near $80,000 appears more like post-breakout consolidation than a confirmed reversal.
After one of its biggest breakouts of 2026, XRP is consolidating, and the most recent daily structure indicates that buyers are still in charge of the larger recovery despite the decline from $1.70. After rising from an intraday low of about $1.38, XRP is currently trading at about $1.41. The significant development is still that it is at about $1.35 above the 200-day moving average.
XRP stays on the bullish pathDuring the August surge, XRP firmly reclaimed this indicator, and it has since spent multiple sessions above it. Because of this, the $1.35 region is the chart's most crucial support. The claim that the prior long-term downward trend has been broken would be strengthened by a successful defense.
XRP/USDT Chart by TradingViewHowever, a daily close below it would put XRP at risk of a more severe correction. The shorter moving averages are still significantly lower. The 50-day average is close to $1.14, the 100-day average is at $1.21, and the 20-day EMA has accelerated to about $1.26.
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This significant gap illustrates how rapidly XRP rose from its August low of about $1.00. Momentum is also returning to normal. After moving well into overbought territory, the RSI is now close to 66. Because of this cooling process, XRP may have more room for a subsequent upside attempt without producing an extremely high momentum reading right away.
The first significant barrier is still between $1.45 and $1.50. After the initial breakout, XRP has had trouble sustaining its momentum above this region. Attention would move to $1.55 and ultimately the $1.70 spike high if $1.50 were cleared.
Technically speaking, XRP is still bullish above $1.35. A consolidation between that level and $1.50 would probably be preferable to another sudden vertical move, in order to allow the shorter moving averages to catch up with price.
Ethereum's strong positioningFollowing its August breakout, Ethereum is still in an exceptionally strong position, holding hundreds of dollars above its recently recovered 200-day moving average while consolidating around $2,470. ETH is currently trading close to $2,472 after rising quickly from about $1,900.
ETH/USDT Chart by TradingViewAlmost simultaneously, the breakout forced Ethereum through a number of resistance levels, including the declining 200-day moving average at $2,159. It is an important move. The 20-day EMA has risen to $2,225, while ETH is currently about 14% above its 200-day average.
At roughly $2,030 and $2,019, respectively, the 50-day and 100-day moving averages are still much lower. Breaking the long-term trend indicator is no longer Ethereum's immediate concern.
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Rather, buyers must build a solid structure above it and prevent the current consolidation from becoming a more significant retracement. The immediate resistance area is now between $2,500 and $2,550. This zone has been tested by several recent candles without resulting in a lasting breakout.
Additionally, volume increased sharply during the initial breakout before falling during the consolidation. Lower volume during a sideways phase is not inherently bearish, as it may suggest that aggressive selling has not followed the rally. The quickly rising 20-day EMA at $2,225 is currently the first significant dynamic support.
The 200-day average at $2,159 becomes the critical level below it. The present consolidation supports continuation as long as Ethereum stays above those levels. Breaking $2,550 would be the next sign that buyers are prepared to extend the August reversal.
Shiba Inu's long-term directionAfter its August comeback, Shiba Inu is still struggling with long-term resistance, but the most recent decline has moved SHIB into a support zone that may determine whether the rebound continues. Following a recent spike to roughly $0.00000620, SHIB is currently trading around $0.00000517.
SHIB/USDT Chart by TradingViewSHIB briefly rose above the 200-day moving average as a result of the move, but buyers were unable to hold that position. The indicator remains the biggest technical barrier on the daily chart and is currently located close to $0.00000571.
Because the 200-day average has served as long-term resistance during the larger downtrend, that failed breakout is significant. Before the market can establish a more convincing bullish reversal, SHIB needs to recover roughly $0.00000570–$0.00000580. The lower price is more favorable.
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The 100-day moving average is close to $0.00000498, and the 20-day EMA has risen to about $0.00000500. As a result, there is a concentrated support area directly beneath SHIB. At roughly $0.00000471, the 50-day moving average is lower. Consequently, the critical short-term level is now $0.00000495–$0.00000500.
By holding it, SHIB could consolidate above its medium-term trend indicators and prepare for another attempt at the 200-day average. Momentum has already considerably decreased. The RSI is currently at 54, which is lower than the overbought levels reached during the August surge.
As a result, SHIB has considerably more room to move in either direction without momentum becoming a limiting factor. For a rebound from $0.00000500, resistance would first appear between $0.00000540 and $0.00000555, followed by the critical $0.00000571 level.
Bitcoin is holding steady following a strong breakout in August, with its price consolidating well above crucial long-term averages. After reaching a peak just above $81,000, Bitcoin is currently trading near $78,840. The recent surge began around $63,000, representing a nearly 30% gain before the cryptocurrency encountered significant resistance.
Key support and resistance levelsDespite volatility near the $80,000 level, sellers have so far been unable to trigger a significant pullback. The most notable technical indicator remains the recovery and defense of Bitcoin’s 200-day moving average, with the 20-day exponential moving average (EMA) rapidly rising to approximately $72,250, converging with the 200-day average in the same region. These overlapping support bands near $72,000 are poised to play a crucial role in the coming sessions.
The asset also trades comfortably above its 50-day and 100-day moving averages, currently situated at $68,680 and $67,300, respectively. This distance illustrates the exceptional velocity of Bitcoin’s rally. The relative strength index (RSI) remains elevated at around 72.5, indicating that conditions are technically overbought, which could support a period of sideways movement before any further gains.
Critical resistance is clustered between $80,000 and $82,000. A decisive breakthrough above $82,000 could signal further bullish continuation, while downside support is established near $76,000–$77,000. A more pronounced correction could place the $72,000 support zone into focus, but as long as Bitcoin holds above its 200-day moving average, the broader uptrend remains intact.
IndicatorCurrent ValuePrice$78,840All-time peakJust above $81,000200-day MA~$72,18020-day EMA~$72,250Support zone$76,000–$77,000Resistance zone$80,000–$82,000Bitcoin’s structure remains bullish while it holds above its 200-day moving average, and the consolidation near $80,000 appears driven by recent overbought conditions rather than a confirmed trend reversal.
XRP consolidates after sharp rallyXRP, the native token of the Ripple network, is also navigating a consolidation phase after a robust rally, during which it climbed from an intraday low of $1.38 to a recent price of $1.41. The token remains securely above its 200-day moving average at about $1.35, a region considered its key technical support.
A daily close below this threshold could open the door to deeper losses; however, buyers have so far defended this area effectively. XRP’s shorter-term moving averages lag behind the price, with the 50-day at $1.14, the 100-day at $1.21, and the 20-day EMA rising to $1.26.
The resurgence in price was accompanied by a surge in momentum, pushing the RSI toward overbought territory before a recent cooldown to 66. This drop in momentum may allow for another move higher without triggering an excessively overheated market. Immediate resistance stands at $1.45–$1.50, with further attention at $1.55 and the spike high at $1.70. A sustained consolidation between $1.35 and $1.50 would allow the shorter moving averages to catch up and support any future advance.
Maintaining support above $1.35 remains crucial for XRP’s near-term outlook; holding this level could reinforce the case that a longer-term downtrend has been broken.
Ethereum maintains strong trendEthereum has continued to trade in a strong technical position since its August breakout, staying hundreds of dollars above its reacquired 200-day moving average and consolidating around $2,470. ETH recently tested $2,472, following a rapid ascent from about $1,900.
The rally lifted Ethereum above several resistance marks, including the declining 200-day MA currently at $2,159. With the 20-day EMA now at $2,225, ETH sits approximately 14% above the critical long-term average. The 50-day and 100-day averages, at $2,030 and $2,019 respectively, trail well beneath recent prices.
Current consolidation above these levels suggests the market is pausing, rather than reversing. The immediate resistance zone lies at $2,500–$2,550. Trading volumes surged during the initial breakout, tapering off as prices moved sideways, which may reflect a lack of aggressive selling pressure. As long as ETH stays above $2,159, the medium-term outlook remains constructive. A breakout above $2,550 would reinforce the August reversal and confirm buyers’ control.
Shiba Inu struggles at long-term resistanceShiba Inu (SHIB), a well-known memecoin, has encountered persistent long-term resistance after its August surge. The recent price drop brought SHIB into a dense support band, now trading near $0.00000517 after briefly touching $0.00000620.
SHIB’s attempt to stay above its 200-day moving average near $0.00000571 was short-lived. This indicator remains the primary resistance during the ongoing downtrend. Recovery over $0.00000570–$0.00000580 is necessary for a confirmed bullish reversal; otherwise, focus remains on lower support levels.
The 100-day moving average stands at $0.00000498 and the 20-day EMA at about $0.00000500, providing a narrow support region under current prices. The 50-day average is further below at $0.00000471. Holding $0.00000495–$0.00000500 could lay the groundwork for renewed upward momentum. SHIB’s RSI has dropped to 54, offering more flexibility for the next directional move, and upside resistance remains at $0.00000540–$0.00000555, with the main barrier just above at $0.00000571.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
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Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
7 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
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According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
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PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
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Leading cryptocurrencies slid on Sunday after the U.S. and Iran resumed hostilities after a nearly month-long lull in fighting.
Crypto Market DropsBitcoin fell below $77,000 late Sunday before paring its losses, while trading volume surged 48% over the past 24 hours.
Ethereum fell back below $2,400 following an earlier spike to $2,532. XRP and Dogecoin likewise traded lower.
Nearly $400 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data.
Bitcoin’s open interest slipped 0.83% over the last 24 hours. Bitcoin’s long/short ratio declined among both retail and derivatives traders, though both groups remained net long overall.
“Greed” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.61 trillion, down 0.90% over the last 24 hours.
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Stocks Futures Slide After Iran StrikesStock futures fell overnight on Sunday. The Dow Jones Industrial Average Futures slipped 80 points, or 0.15%, as of 8:42 p.m. EDT. Futures tied to the S&P 500 dipped 0.26%, while Nasdaq 100 Futures fell 0.35%.
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Geopolitical tensions escalated after the U.S. hit Iranian rocket launchers on Larak Island in southern Iran, according to Reuters. Iran’s Revolutionary Guards said it targeted U.S. bases in Jordan in response.
Ali Martinez, a widely followed cryptocurrency analyst and trader, noted that whales accumulated nearly $3 billion in Bitcoin over the past week, signaling “continued interest from large investors.”
Michaël van de Poppe, another widely followed cryptocurrency commentator, highlighted Bitcoin’s liquidity sweep at $77,000 followed by gaining $78,000 as support on the hourly chart.
“It’s now facing the final hurdle before it will start attacking the highs again,” Van De Poppe added. “What will the target then be? $82,700. Nothing else.”
PANews, August 31 - According to SoSoValue data, the crypto market pulled back after consecutive gains. The previously strong Meme sector fell 4.19% over the past 24 hours. Within the sector, OFFICIAL TRUMP (TRUMP) dropped 10.55%, Fartcoin (FARTCOIN) fell 10.44%, and Pump.fun (PUMP) declined 12.40%.
In other sectors, the Layer 2 sector fell 0.04% over 24 hours, with Polygon (POL) down 7.98%, though Mantle (MNT) remained relatively resilient, rising 5.84%. The CeFi sector declined 1.71%, with OKB (OKB) down 4.09%. The Layer 1 sector fell 1.97%, with Solana (SOL) down 3.35%. The PayFi sector dropped 2.10%, while Monero (XMR) rose 4.54% intraday. The DeFi sector fell 2.26%, while Uniswap (UNI) bucked the trend with a 9.31% gain.
Crypto sector indices reflecting historical sector performance showed that the ssiMeme, ssiAI, and ssiNFT indices fell 4.42%, 3.29%, and 3.12%, respectively.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level. Meanwhile, XRP corrects and finds support around a key level that could determine its next directional move.
Bitcoin consolidates following a massive rally in recent weeksBitcoin price trades at $77,893 on Monday, maintaining a bullish near-term bias as it holds well above the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) clustered between roughly $69,700 and $72,300.
The Relative Strength Index (RSI) at 69 hovers just below overbought territory, while the Moving Average Convergence Divergence (MACD) remains positive, hinting that upside momentum is still constructive but becoming stretched.
On the topside, the next notable resistance aligns with the horizontal barrier at $85,000.
On the downside, initial demand appears around the 200-day EMA at $72,254, then the 50-day EMA at $69,681, followed by the 100-day EMA at $68,887; below these, deeper support emerges at the previously charted horizontal levels of $66,500 and $62,300.
BTC/USDT daily chartEthereum faces rejection near $2,500 markEthereum price trades at $2,421 on Monday, holding a bullish near-term bias as price remains comfortably above the key EMAs. The 50-day EMA at $2,101, together with the 100-day EMA at $2,037 and the 200-day EMA at $2,161, forms a broad underlying demand zone that reinforces the constructive structure while ETH consolidates near recent highs.
Momentum remains supportive, with the RSI hovering around 66 and avoiding extreme overbought territory, while the MACD stays in positive territory, hinting at sustained but moderating upside pressure.
On the topside, immediate resistance is seen at the horizontal barrier near $2,500, ahead of a more significant cap at $3,000, where profit-taking could intensify if bulls extend the rally.
On the downside, initial support sits around the 200-day EMA at $2,161, followed by the 50-day EMA at $2,101 and the 100-day EMA at $2,037, which should cushion deeper pullbacks. A break below the psychological $2,000 level would expose the distant structural floor at $1,505, while sustained trading above the clustered moving averages keeps the broader bullish tone intact.
ETH/USDT daily chartXRP finds support near 200-day EMAXRP price trades at $1.350 on Monday, maintaining a broadly bullish near-term bias as it holds above the 50-day and 100-day EMAs at $1.204 and $1.209, respectively. However, the pair is now testing the 200-day EMA at $1.351 as immediate support, capping further downside for now.
The RSI around 59 suggests constructive but not overextended momentum, while the positive MACD reading with a small positive value hints at waning yet still supportive bullish pressure after the recent sharp rally.
On the topside, initial resistance sits at the horizontal level of $1.900.
On the downside, the first meaningful support appears at the 200-day EMA at $1.351, followed by the $1.300 horizontal level, ahead of a supportive cluster formed by the 100-day EMA at $1.209 and the 50-day EMA at $1.204. At the same time, a deeper structural floor sits at the $1.000 handle.
As long as XRP stays above the $1.300 area, the technical backdrop would continue to favor consolidation with potential for renewed upside attempts toward the recent high around $1.699 and beyond the $1.900 mark.
XRP/USDT daily chart(The technical analysis of this story was written with the help of an AI tool. Know more.)
Cryptocurrency prices FAQs Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.
A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.
Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.
Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.
The total crypto market cap fell to $2.68 trillion, down 1.0% over 24 hours, as Bitcoin slipped to $77,664.88 and Ethereum dropped to $2,417.73, with the sell-off tracking an escalation in the U.S.-Iran tensions over the weekend.
What Triggered the Drop
U.S. Central Command confirmed that American forces struck two Iranian rocket launchers on Larak Island in southern Iran on Sunday, after Islamic Revolutionary Guard Corps forces were observed preparing to launch rockets carrying sea mines into the Strait of Hormuz.
CENTCOM spokesperson Navy Capt. Tim Hawkins said the strike was intended to protect civilian mariners and commercial shipping in the strait, one of the world’s most critical oil transit routes.
The IRGC confirmed the strike caused casualties among its forces and said it would retaliate, according to Iran’s state broadcaster IRIB. According to reports, Sunday’s strike was the first publicly acknowledged U.S. attack on Iranian forces in nearly a month, coming as the Trump administration has been navigating a fragile ceasefire in the broader conflict that began in February 2026.
Market Snapshot
Total market cap: $2.68 trillion, down 1.0%24-hour trading volume: $62.13 billionBitcoin: $77,664.88, down 0.8% in 24 hoursEthereum: $2,417.73, down 2.0% in 24 hoursXRP: $1.35, down 3.4% in 24 hours, though still up 8.4% over 7 daysSolana: $101.73, down 3.6% in 24 hoursHyperliquid: $80.40, down 3.9% in 24 hoursWhy Geopolitical Risk Hits Crypto
Renewed military action in the Strait of Hormuz raises the risk of disrupted oil shipping and broader regional escalation, conditions that typically push investors toward traditional safe havens and away from higher-risk assets like crypto. The IRGC’s stated intent to retaliate adds further uncertainty, since previous rounds of this conflict have seen Iran respond to U.S. strikes with missile and drone attacks on American military installations in neighboring countries.
What to Watch Next
Markets will likely stay sensitive to any signs of Iranian retaliation or further U.S. military action in the coming days. A contained response could allow crypto to stabilize near current levels, while a broader escalation risks deeper losses across risk assets as investors price in a longer disruption to Gulf shipping and oil markets.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
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Bitcoin (BTC) is up roughly 24% in August, its largest monthly advance of 2026. This month’s rally lifted the asset from the $60,000s to briefly over $80,000.
However, three warning signs now emerge: exchange balances, exchange-traded fund (ETF) flows, and spot demand have all turned less supportive during the closing days of August.
Bitcoin (BTC) 1 Month Price Chart. Source: BeInCrypto MarketsFollow us on X to get the latest news as it happens
Bitcoin Warning Signs Build as Binance Reserves Hit a 2026 HighBinance’s Bitcoin reserves have climbed to roughly 687,000 BTC, the highest level recorded in 2026, according to CryptoQuant data. Reserves dropped near 617,000 BTC in late April before reversing. The build then accelerated through August, as Bitcoin rallied.
Traders usually move coins onto an exchange to sell, hedge, or post collateral. Therefore, a rising balance during a rally makes more supply immediately available for sale.
The number alone proves nothing. Wallet reorganizations, custody shifts, and market-making transfers also lift exchange balances.
Still, that supply now sits on the largest venue while shrinking exchange stablecoin reserves leave less idle cash ready to absorb it.
“A yearly high in Binance reserves near major resistance is a warning sign. The next move above $80,000 will likely depend on whether spot and ETF demand can absorb the additional supply potentially available to the market,” XWIN Japan wrote.
ETF Inflow Streak Breaks as Weekly Demand HalvesMeanwhile, US spot bitcoin ETFs posted a $201.8 million net outflow on August 28, according to SoSoValue data. That red session ended nine consecutive days of inflows, which came as Bitcoin recorded its largest weekly dollar gain on record.
Other major products stayed green on the same day. Ethereum (ETH) funds drew $102.18 million, while XRP (XRP) and Solana (SOL) products added $26.2 million and $18.08 million.
Weekly flows cooled as well. Net inflows fell 51.8% to $924.5 million in the week ending August 28, down from $1.92 billion.
One negative session does not confirm a reversal. However, ETF flows are a major source of demand for Bitcoin, and that may be thinning.
Leverage, Not Spot Buying, May Be Driving the MoveFinally, analyst Crypto Rover argued that the weekend advance lacked spot participation.
“BTC is moving higher over the weekend while spot CVD remains almost flat, suggesting leverage is driving the move. Last time we spotted this same setup, Bitcoin dumped from $81K to $77K,” the post read.
Spot cumulative volume delta (CVD) tracks the balance between aggressive buyers and sellers in spot markets. A flat CVD during a rally can suggest that derivatives or leveraged positions, rather than strong spot demand, are driving the move.
Not every analyst reads the setup that way. GSR’s Andy Baehr has framed the $80,000 breakout as a new market regime built on ETF demand and short liquidations.
Seasonality offers thin comfort. September has averaged a 3.08% loss for Bitcoin since 2013, Coinglass data shows, the weakest average month of the year.
Bitcoin Monthly Returns Table Showing September Seasonality. Source: CoinglassRecent years cut the other way. The last three Septembers all closed green, including gains of 5.16% in 2025 and 7.29% in 2024.
The coming sessions should show whether spot and ETF buyers can absorb the coins now parked on Binance.
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When seven defendants, including members of classified IDF and police units, were indicted by Israeli authorities in April 2026 on charges of bribery, theft, and money laundering, the case had a distinctly modern twist. The alleged proceeds, exceeding 50 million NIS (roughly $13 million), weren’t stashed in Swiss bank accounts or hidden behind shell companies. They were laundered through cryptocurrencies.
The case is part of a broader pattern that Israeli law enforcement has been scrambling to contain. Organized crime networks across the country are increasingly turning to Bitcoin and Tether (USDT) to move dirty money, finance drug deals, and obscure the paper trail that traditional banking would otherwise leave behind.
The crypto laundering playbook Tether, the dollar-pegged stablecoin, has become particularly popular among these networks. Its price stability makes it more practical than Bitcoin for large-value transfers.
In 2025, a robbery case in Herzliya illustrated just how embedded crypto has become in criminal operations. Assailants stole $650,000 worth of Bitcoin and Tether from a victim, then laundered the funds through exchanges including HTX and Kyrrex.
Some Israeli organized crime figures also have historical ties to the Crypto Capital Corp collapse, a case involving an estimated $850 million connected to cocaine trafficking where payments were made in cryptocurrencies.
Law enforcement’s counter-offensive Israeli authorities signed a contract worth 9 million shekels with Chainalysis, the blockchain analytics firm, to gain access to advanced tracing tools and training.
Tether itself has been cooperating with Israeli authorities. In May 2025, Tether froze over 10 million USDT tied to a fraud investigation at the direct request of Israeli law enforcement.
An Israeli Supreme Court ruling has further strengthened this approach, establishing that police can seek wallet freezes from foreign token issuers.
Cross-border complications The seizure of crypto wallets and cash worth over 50 million NIS in the April 2026 case represented a significant win. When funds flow through exchanges registered in different countries, each with its own regulatory framework and appetite for cooperation, tracing and recovering assets becomes an exercise in international diplomacy as much as criminal investigation.
Some of the crime groups under scrutiny have been linked to cross-border cocaine trafficking operations that utilize various crypto exchanges. The funds might originate in Israel, pass through an exchange in one jurisdiction, get converted through a mixer or decentralized protocol, and end up in a wallet controlled by a supplier on another continent.
Tether transactions on networks like Tron, which has become a favored rail for illicit USDT transfers globally, can be harder to track depending on the tools available and the cooperation of the underlying network. However, Tether’s centralized structure — the same feature that allows it to freeze wallets — means any USDT can theoretically be frozen by its issuer at any time, a risk that Bitcoin, with no central authority, doesn’t carry.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Sberbank, Russia’s largest bank, plans to accept Ethereum and Tether alongside Bitcoin as loan collateral once Russian regulators permit their public circulation, according to TASS.
The bank is preparing to offer crypto-backed loans to corporate clients after successfully testing the model with mining firm AO Intelion Data last year. It is also working on crypto custody services as digital assets take on a larger role in Russia’s financial system and cross-border trade.
Anatoly Popov, deputy chairman of Sberbank’s management board, said the bank is prepared to adapt its existing products once the legislation comes fully into force.
Popov said Sberbank had anticipated the regulatory changes and already gained practical experience working with crypto. The bank plans to gradually expand its digital-asset products under the new rules, including lending secured by crypto holdings.
Bitcoin will be part of the bank’s collateral offering, while Ethereum and Tether could be added in the future. Popov said those assets would become eligible after the Bank of Russia authorizes them for public circulation and the remaining provisions of the new regulation take effect.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Russia’s largest lender, Sberbank, is preparing to expand lending secured by digital assets. The bank expects Bitcoin to remain central, while Ethereum and Tether could join later.
The expansion depends on regulatory approval and the full implementation of Russia’s new digital asset framework. Sberbank is also preparing existing banking products for the updated rules.
Anatoly Popov, deputy chairman of Sberbank’s management board, confirmed the direction ahead of the Eastern Economic Forum. He said the bank already has practical experience working with cryptocurrency.
“We prepared for this in advance, and we already have practical experience working with cryptocurrency,” Popov said.
Sberbank Expands Crypto-Backed Lending Strategy Sberbank intends to continue developing loans secured by digital assets once the new rules become fully effective. The bank has already tested the model with corporate clients.
A previous pilot involved mining company AO Intelion Data and used self-mined cryptocurrency as collateral. That transaction gave Sberbank experience with lending against digital assets.
Popov said the bank would adapt its existing products as legislation comes fully into force. The lender also plans to expand the range of eligible collateral gradually.
“We plan to accept not only Bitcoin but also Ethereum and the stablecoin Tether as collateral,” Popov said.
However, Ethereum and Tether would only become eligible after approval from the Bank of Russia. Public circulation must also be allowed under the final rules.
Bitcoin, Ethereum and USDT Could Enter Corporate Lending Bitcoin is expected to remain part of Sberbank’s crypto collateral offering. Ethereum and USDT could be added after regulators establish the necessary framework. The proposed model would allow corporate borrowers to pledge digital assets while receiving conventional financing. Borrowers would therefore avoid selling their crypto holdings immediately.
Sberbank is also developing custody services as digital assets gain a larger role in Russia’s financial system. These services could support institutional use of crypto within regulated banking channels.
The lender’s approach reflects a broader shift toward controlled digital asset use rather than unrestricted retail adoption. Meanwhile, Russia continues to permit selected crypto activity under tighter supervision.
Concurrently, the cross-border trade has also increased demand for digital asset infrastructure. Russian institutions have explored crypto settlement methods as access to traditional payment routes remains constrained.
Russia Tightens Crypto Oversight as Banking Use Expands Russia’s crypto framework is becoming more structured as banks prepare new products with Federal Law No. 282-FZ taking effect on September 1, 2026.
The law introduces reporting requirements for residents holding digital assets through foreign platforms and offshore structures. Residents must report balances, transaction turnover and qualifying foreign holdings.
The final framework does not require residents to submit private keys or raw wallet credentials. Instead, the reporting system focuses on financial information and offshore exposure.
At the same time, the Bank of Russia has expanded enforcement tools linked to suspicious crypto activity. The regulator flagged about 2,600 wallets during the first half of 2026.
Those wallets were added to compliance systems used by banks and law enforcement agencies. The system does not freeze blockchain addresses directly. Instead, banks can identify linked accounts, payment processors, and fiat access points. Consequently, restrictive measures can then be applied within Russia’s banking system.
For more on crypto compliance, check our Best Crypto Compliance Companies and KYC Providers for Web3 Enterprises
Sberbank Plans to Accept Bitcoin, Ethereum and USDT as Loan Collateral August 30, 2026 10:00 AM
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Table of contents
Russia’s largest bank is preparing to broaden its crypto-lending business. Sberbank Deputy Chairman Anatoly Popov said the lender plans to accept Bitcoin as collateral for loans and to eventually add Ethereum and Tether’s USDT, according to TASS. The move would extend the bank’s earlier pilot work with digital assets, though the wider offering still hinges on approval from the Bank of Russia. The comments signal that the bank intends to make digital-asset-backed borrowing a more regular feature of its business rather than a limited experiment.
Bitcoin First, Ethereum and USDT Later Popov said Sberbank intends to further develop lending backed by digital assets, with Bitcoin the first crypto asset accepted as collateral. Ethereum and USDT would follow only after the Bank of Russia permits their public circulation, a condition that has not yet been met. The central bank retains authority over which digital assets may circulate publicly in Russia, which is why the Ethereum and USDT components remain conditional. Popov did not specify when the broader set of collateral would become available.
A Gradual Rollout Under Russia’s New Rules The bank already has practical experience working with crypto assets, Popov said, and will adapt its existing products while gradually expanding the offering once Russia’s new regulatory framework for digital assets fully takes effect. Sberbank has been preparing for this shift for months, having previously outlined a planned off-chain crypto trading system and a crypto wallet as the country’s digital-currency law cleared its final hurdles. The phased approach mirrors how Russian regulators have rolled out crypto rules, testing them in stages before widening access.
What It Means for Crypto-Backed Lending Accepting bitcoin and stablecoins as loan collateral would deepen the overlap between Russia’s traditional banking sector and digital assets. It suggests Sberbank, which serves a large share of the country’s retail and corporate customers, views crypto collateral as a lasting product rather than a one-off experiment. Even so, the announcement is a statement of intent: the Bank of Russia has yet to authorize public circulation of Ethereum and USDT, leaving the final scope and timing of the lending product open. Sberbank has not said how large the lending book might become or which borrowers would qualify first.
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Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
Sber, Russia’s largest bank, is preparing to broaden its crypto-backed lending services by accepting Tether’s USDt and Ether as collateral, in addition to Bitcoin. This move was outlined by Sber’s Deputy Chairman Anatoly Popov, as the country prepares for a new regulatory framework surrounding digital assets.
Sber’s expansion plansSber intends to update its current crypto lending products in response to the upcoming crypto law, which grants a clearer regulatory structure for digital assets in Russia. Popov noted that the bank will gradually extend its offerings, introducing USDT and Ether as collateral options once the Bank of Russia authorizes their public trading.
Currently, Sber provides Bitcoin-backed lending services. By adding Tether and Ether, the bank aims to diversify collateral options for customers who use crypto assets to secure loans. These updates are expected to take place as the legal environment for digital assets in Russia evolves and as the necessary regulatory approvals are granted.
Regulatory landscape in RussiaRussia is transitioning to a regulated crypto market following the signing of a new law by President Vladimir Putin on August 4. The core provisions of this legislation are scheduled to take effect on September 1. The law designates the Bank of Russia as the authority responsible for determining which crypto assets may be publicly traded on regulated exchanges within the country.
On August 11, the Bank of Russia proposed allowing Bitcoin, Ether, and USDT for regulated trading. The central bank stated that these assets satisfy requirements such as sufficient market capitalization, stable trading activity, and more than five years of price history on international exchanges.
Mini dictionary: Sber is the largest bank in Russia, majority-owned by the Russian government, providing financial services including retail and corporate banking, investment, and digital finance.
AssetCurrent StatusProposed StatusBitcoin (BTC)Accepted as collateralRemains acceptedEther (ETH)Pending approvalTo be accepted upon approvalUSDT (Tether)Pending approvalTo be accepted upon approvalPerspective on the digital rubleWhile Sber is moving forward with broader crypto collateralization, its approach to the digital ruble, Russia’s central bank digital currency (CBDC), has been more reserved. Sber’s Chief Financial Officer Taras Skvortsov recently commented on market interest in the CBDC ahead of its countrywide launch on September 1.
Skvortsov stated that outside the Bank of Russia, there is minimal enthusiasm for the digital ruble, with retail, corporate, and financial sector clients generally showing no strong demand for the CBDC.
The digital ruble is slated for a gradual introduction, but Sber, as a leading state bank, has noted lukewarm reception among its clients, reflecting uncertainty regarding the CBDC’s adoption on a broader scale in Russia.
Russia’s largest bank, Sberbank, is preparing to expand crypto-backed lending beyond Bitcoin, planning to accept Ethereum and Tether’s USDT as collateral for loans. The move comes as Russia prepares new crypto market rules, but Sberbank’s overall offering still depends on approval from the Bank of Russia.
Sberbank Deputy Chairman Anatoly Popov said the bank plans to accept Bitcoin, Ethereum and USDT as collateral for loans.
“We plan to accept not only Bitcoin but also Ethereum and the stablecoin Tether as collateral.”
However, customers cannot immediately use all three assets as collateral. Popov said Sberbank will add ETH and USDT after the Bank of Russia allows them for public circulation.
The bank plans to adapt its existing products as Russia’s new crypto rules take effect and then gradually expand the assets available for secured lending.
Bitcoin Loan Pilot Already Tested the ModelSberbank is not starting from scratch. The bank already tested crypto-backed lending with Russian mining company Intelion Data in December 2025.
The pilot involved a corporate loan secured by cryptocurrency mined by Intelion. Sberbank used its custody infrastructure to hold the collateral during the loan period.
That experience gives the bank a working model for handling crypto as security for a traditional loan.
The planned expansion would allow the same basic idea to cover Bitcoin, Ethereum and USDT, subject to the regulator’s rules.
Russia’s New Crypto Rules Set the FrameworkThe plans come as Russia prepares to bring its new regulated crypto market framework into force on September 1, 2026. The Bank of Russia will decide which cryptocurrencies can be traded through regulated channels.
The central bank has already proposed Bitcoin, Ethereum and USDT for regulated exchange trading, using factors such as market size, trading activity and trading history in overseas markets.
For non-qualified investors, the framework includes a 300,000-ruble annual purchase limit per intermediary, subject to passing a required knowledge test. Crypto payments for goods and services inside Russia will remain prohibited.
For now, Sberbank’s BTC-backed lending model is the foundation, while ETH and USDT remain dependent on regulatory approval and the final lending rules.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Russia’s largest bank, Sberbank, is preparing to expand its cryptocurrency-backed loan products. The bank plans to accept Ethereum (ETH) and Tether (USDT) as collateral for loans in addition to Bitcoin (BTC) in the future.
According to the Russian news agency TASS, Sberbank Deputy Chairman of the Board Anatoly Popov said the bank will continue to develop loan products secured by digital assets. Popov noted that Sberbank already has practical experience working with crypto assets.
Popov stated that once the new regulatory framework prepared in Russia fully comes into effect, the bank will adapt its existing products to the new rules and gradually expand its cryptocurrency-related services.
Ethereum and USDT Could Be Added Alongside Bitcoin According to Sberbank’s plan, the bank will not be limited to Bitcoin for digital asset-backed loans. Ethereum and the dollar-backed stablecoin Tether are also targeted to be accepted as collateral in the future.
However, the plan’s implementation will depend on regulatory approval. Popov added that, in particular, the Russian Central Bank would need to allow ETH and USDT to be publicly circulated in order for them to be used as collateral.
*This is not investment advice.
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Sberbank plans to accept Bitcoin (BTC), Ether (ETH) and Tether (USDT) as loan collateral, deputy chairman Anatoly Popov told TASS on Friday.
Russia’s largest lender wants the coins as security, not as money. Paying with crypto in Russia remains banned when the country’s digital currency law takes effect on September 1.
Collateral is Legal, but Spending is NotA Russian company can pledge Bitcoin to a bank, but it still cannot buy a coffee with it. Popov said Sberbank prepared for the rule change early and already handles digital assets. However, he made the expansion conditional.
“We plan to accept not only Bitcoin but also Ethereum and the stablecoin Tether as collateral… after the Central Bank, of course, allows them for public circulation,” local media reported.
President Vladimir Putin signed the law on August 4. The Bank of Russia published its first approved list a week later. Only three coins cleared the screen.
Regulators wanted size, high daily turnover, and at least 5 years of price history on foreign exchanges. Bitcoin, ether and USDT passed. Nothing else did, and the regulator is clear about the rest.
Crypto cannot be used in payments within Russia. Only exporters and importers get a carve-out for crypto payments in foreign trade.
No Rate, No Date, No Term SheetWith the key rate standing at 14% as of August 28, money is expensive in Russia, and that number explains the demand. A miner can sell coins and lose the upside, or pledge them and pay interest.
Meanwhile, ordinary Russians will not get the option. Russia’s new crypto law caps non-qualified investors at 300,000 rubles (roughly $3,632) of crypto per year per intermediary. Corporate borrowers face no such ceiling.
Popov disclosed no loan-to-value ratio, interest rate, or launch date. He tied everything to permissions the central bank has not yet issued.
What exists today is smaller. Sber closed a crypto-backed lending pilot in December 2025 and targets a digital depository by December 1.
Notably, however, USDT is the quiet outlier, sitting at $0.9999, while Bitcoin moves every day. One coin needs a thin haircut, the other a deep one.
If a borrower defaults, Sberbank must sell those coins inside a country where spending them is illegal.
The broader cryptocurrency market maintains a constructive tone, with Bitcoin (BTC) sustaining gains above $78,000 on Thursday. The US July Personal Consumption Expenditures (PCE) Price Index inflation came in higher than expected on Wednesday, suggesting that inflation remains elevated. SPX6900 (SPX) and VeChain (VET) recorded double-digit gains over the last 24 hours, emerging as top performers.
US July PCE data hits 3.7%US July Personal Consumption Expenditures (PCE) Price Index inflation was released at 3.7% on Wednesday, higher than the market’s expectation of 3.6%. This suggests elevated inflation, but expectations for a September rate hike continue to fade, with markets pricing in a 38% probability of a 25-basis-point move in the next review cycle, down 55% from a month prior, according to CME FedWatch Tool data.
FedWatch tool. Source: CME GroupScarce assets like Gold and Bitcoin struggle to advance their rally above the key levels of $4,700 and $80,000, as previously reported by FXStreet.
Bitcoin’s recovery struggles to surpass $80,000Bitcoin trades around $78,700 at press time on Thursday, maintaining a bullish near-term bias as price holds well above both the 50-day Exponential Moving Average (EMA) at $68,195 and the 200-day EMA at $72,859.
The pair is consolidating just above the 78.6% Fibonacci retracement at $77,489, measured from $82,850 to $57,800, suggesting strong underlying demand ahead of the cycle-high resistance at $82,850.
Momentum remains firm, with the Moving Average Convergence Divergence (MACD) staying in positive territory and the Relative Strength Index (RSI) hovering in overbought conditions near 78, hinting that the advance is stretched.
Looking up, a sustained push higher would bring the key resistance at the 100% Fibonacci retracement at $82,850 into focus, where profit-taking could slow the current bullish leg. Beyond this zone, the 127.2% Fibonacci extension level at $91,374 could serve as the next bullish target.
BTC/USDT daily price chart.On the flip side, initial support is seen at the 78.6% Fibonacci retracement at $77,489, followed by a broader demand cluster around the 200-day EMA at $72,859. Deeper pullbacks would expose the 50% retracement at $70,325 and the 50-day EMA at $69,200.
SPX and VET rally risks capitulationSPX6900 trades at $0.6167, extending a strong bullish phase after reclaiming territory well above both the 50-day and 200-day EMAs at $0.3822 and $0.4066. This configuration suggests a firmly supportive trend backdrop.
Momentum appears stretched, with the RSI holding deep in overbought territory near 85, and the MACD average lines maintaining a positive slope, hinting at robust but potentially overextended upside pressure.
SPX must surpass the 50% retracement level of $0.7097 to extend its rally toward the $1.00 psychological threshold. The 78.6% Fibonacci retracement near $1.3835 marks a progressively higher target if buyers stay in control.
SPX/USDT daily price chart.Looking down, the 200-day EMA at $0.4066 and the 50-day EMA at $0.3822 form a key support cluster, reinforced by the 23.6% Fibonacci retracement level at $0.3832.
VeChain trades near $0.0064 on Thursday, holding a constructive near-term bullish bias. At the time of writing, VET edges 2% lower on the day, following an 18% rise the previous day.
VeChain remains capped below the 200-day EMA at $0.00702 and holds well above the 50-day EMA at $0.00507. From a technical perspective, the 78.6% Fibonacci retracement of the $0.00812-$0.00425 downswing, at $0.00707, aligns with the 200-day EMA resistance, where a confirmed breakout could extend the rally toward $0.00812.
Momentum remains strong, with the RSI hovering in overbought territory near 75 and the MACD turning positive, suggesting that upside pressure persists.
VET/USDT daily price chart. On the downside, initial support is seen at the 50% retracement at $0.00587, with deeper demand clustered around the 50-day EMA at $0.00507 and the 23.6% Fibonacci retracement level at $0.00495.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
9 minutes ago
Iran's Foreign Ministry: Vows to Resolutely Respond to Any Military Aggression by the Enemy
Iran's Foreign Ministry announced that Iran's armed forces launched an attack on a U.S. military base in Jordan in retaliation for the U.S. strike on Iran's Larak Island. The ministry emphasized that Iran's armed forces will not hesitate to exercise their inherent right to self-defense and will take appropriate, resolute responses to any military aggression by the enemy. The U.S. strike on parts of Larak Island violated Iran's national sovereignty and territorial integrity, and constituted a clear violation of the UN Charter. It called on the UN Security Council and the UN Secretary-General to fulfill their duties to maintain international peace and security and hold the aggressor accountable. Iran's Foreign Ministry also stated that the U.S. and all parties supporting its military operations bear full responsibility for the consequences of the escalating situation. It further noted that the U.S. base in Jordan was used to launch and support the attack on Larak Island, adding that the U.S.'s new act of aggression, along with the ongoing impacts of its maritime blockade and economic war against Iran, are the full responsibility of the U.S. and all parties involved in planning and executing the relevant actions. Earlier reports showed that Tasnim News Agency cited Iran's military as claiming to have launched dozens of drones at the UAE's Al Minhad Air Base. Separately, Iran's state television reported that the Iranian military carried out a drone attack on the Al Minhad Air Base in the UAE earlier on Monday.
9 minutes ago
Latest Assessment by US VCs After China Visit: AI Capabilities Need to Cross the Pacific Twice to Be Sold to US Clients
Beating AI Insight News Brief: U.S. venture capital firm Dimension spent a week in China, visiting AI labs, investors, and founders, then wrote a 5-page internal letter to its limited partners (LPs). The firm previously conducted research in Shanghai last year; this trip covered Beijing and Shanghai, with the goal of recalibrating its assessment of China’s AI sector. A key finding highlighted is that China’s open-weight models have entered the production pipelines of U.S. AI companies. For example, Cursor’s Composer 2 was further trained on Kimi K2.5, while legal AI firm Harvey’s Tenet model underwent post-training on Kimi K3. Dimension summarized this cross-Pacific value chain as a "two-way trans-Pacific flow": U.S. labs first train cutting-edge models, Chinese labs absorb these capabilities and release open-weight models, then U.S. application companies further train on the Chinese models to build products sold to U.S. enterprises. However, despite surging usage, revenue has not accrued proportionally to Chinese model firms. Dimension summed this up in one sentence: "China is getting Western workloads, not Western revenue." Open-weight models can be deployed across multiple platforms, with U.S. inference firms like Fireworks, Baseten, and Modal capturing the bulk of service fees. Chinese models drive down costs, ultimately benefiting U.S. cloud providers, inference platforms, and AI application companies as well. Dimension’s final assessment is that it is no longer feasible to simply split China and U.S. AI into two separate systems. Hardware like chips is being decoupled: the U.S. faces constraints from power and grid infrastructure, while China lacks advanced chips. Yet models, data, inference services, and software frameworks continue to flow across borders. Debating "which side is winning the China-U.S. AI race" in simplistic terms no longer reflects the real industrial chain.
9 minutes ago
Midday close of A-shares: The Shanghai Composite Index fell 0.2%, and the ChiNext Index dropped 1.29%.
This morning session of A-shares saw the three major indexes open lower, rebound in volatile trading, then retreat toward the end of the session. By midday close, the Shanghai Composite Index fell 0.2%, the Shenzhen Component Index dropped 1%, and the ChiNext Index declined 1.29%. The AI corpus sector moved higher amid volatility. The combined turnover of Shanghai and Shenzhen bourses in the morning session was approximately 1.31 trillion yuan, a decrease of around 112.1 billion yuan from the same period of the previous trading day.
9 minutes ago
Hyperliquid launches PONS perpetual contract, now trading at $0.33.
According to official announcements, Hyperliquid has launched Pons (PONS) perpetual contracts, with a maximum leverage of up to 3x. The current mark price is 0.32999, and the contract open interest stands at $524,866. The current funding rate for the PONS contract is -0.0823%.
Recent rapid advancements in quantum computing technology have brought the quantum threat back to the forefront of security concerns for cryptocurrencies, particularly Bitcoin.
Therefore, many altcoin developers, especially Bitcoin developers, have started working on quantum resistant technology.
One of these altcoins is Tron, and its founder, Justin Sun, made statements regarding Bitcoin and Tron’s quantum roadmap.
Speaking at the ‘Bitcoin Asia 2026’ conference in Hong Kong, Justin Sun said that the TRON network is planned to be made resilient against quantum computing attacks by the end of the year.
Quantum Resistant Infrastructure Work Continues for TRON! Justin Sun stated that TRON has been working on quantum resistivity technology for about a year.
Sun stated that a quantum-resistant address system was implemented in the test network in the first half of 2026, and that the network is continuing to be prepared against future security threats that quantum computers may pose.
Sun also stated that he plans to switch to a quantum-resilient network by the end of this year.
“Tron is proactively improving its quantum computing response technology and plans to upgrade Tron to a quantum-resistive network by the end of this year.”
The Process for Bitcoin is More Complex! In contrast, Sun said that Bitcoin’s process of developing solutions against quantum threats could take longer.
Sun noted that Bitcoin has a highly decentralized ecosystem involving miners, cryptocurrency exchanges, WBTC, and many other stakeholders, which makes reaching a consensus on a common solution difficult.
*This is not investment advice.
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After its explosive August breakout, XRP is trying to create an entirely new market structure, but the most recent candles indicate that the initial phase of the rally has already cooled. After briefly hitting about $1.70 during the first breakout, XRP is currently trading close to $1.42. The technical picture as a whole is still much stronger than it was earlier in August, despite the significant rejection from that local high.
XRP crosses multiple thresholdsMost significantly, XRP is still trading above the daily chart's four major moving averages. The 200-day moving average is especially significant; it is currently at $1.35. Since XRP spent the majority of 2026 below this indicator, its recent rise above it is a significant technical shift.
XRP/USDT Chart by TradingViewThe breakout structure does not change into another transient price spike as long as XRP stays in the $1.35–$1.40 range. Shorter moving averages offer much less support. The 50-day and 100-day averages are roughly $1.20 and $1.13, respectively, while the 20-day EMA is close to $1.24. After the quick rally, XRP is now somewhat extended, so further consolidation would not necessarily harm the bullish setup. Volume bolsters the move's importance as well.
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The breakout coincided with one of the biggest volume expansions the chart had seen in months. But as XRP entered consolidation, volume subsequently decreased, indicating that the initial surge of aggressive buying has abated. After recently rising above 80, RSI is still high at about 69.
Although the pullback from overbought territory is positive, it also suggests that momentum is returning to normal. The immediate resistance on the upside is $1.50. The route toward $1.60 and the most recent $1.70 peak could be reopened by a daily close above that level. However, another vertical rally is not necessarily required for XRP.
Long way for SHIBUnlike XRP, Shiba Inu has not yet completed the most significant portion of its technical reversal, despite having made significant progress since its August lows. After a strong move toward $0.00000620, SHIB is currently trading at about $0.00000530. The 200-day moving average, which is close to $0.00000572, is still above the token despite the rally pushing it well above its short- and medium-term moving averages.
SHIB/USDT Chart by TradinViewThe main technical challenge is now at that level. The rejection around $0.00000600–$0.00000620 demonstrates the need for caution in the current situation. Although buyers were able to break through the previous August range and momentarily challenge the long-term trend indicator, they were unable to sustain the advance.
Since then, SHIB has consolidated around $0.00000530. However, the underlying structure has improved. The 50-day average is close to $0.00000468, the 100-day moving average is close to $0.00000497, and the 20-day EMA is close to $0.00000499. The token now has a significant support cluster around $0.00000470–$0.00000500, as SHIB is trading above all three.
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Another positive signal comes from volume. Sharp increases in trading activity accompanied both of August's major rallies, but the most recent decline was accompanied by a drop in volume. This lessens the threat of the retreat compared to a large-scale sell-off. Additionally, momentum has stabilized without collapsing.
After momentarily entering overbought territory during the breakout, the daily RSI is currently at 58. As a result, SHIB can make another upward attempt without immediately running into the same momentum extremes. The critical level remains between $0.00000572 and $0.00000600. The current recovery could become a wider trend reversal if the 200-day moving average is reclaimed and held, with $0.00000620 as the next obvious target.
Can Stellar maintain the recovery?After an explosive comeback from the $0.155 area, Stellar is trying to maintain its most recent recovery, but XLM has reached the area of the chart where resistance becomes much harder to overcome. After briefly rising above $0.22 during the August rally, XLM is currently trading at about $0.184.
XLM/USDT Chart by TradingViewA significant portion of that spike was eliminated by the subsequent retracement, but buyers have so far kept the price from returning to its pre-breakout range. The 200-day moving average, which is currently at about $0.190, is the most immediate challenge.
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During the rally, XLM momentarily crossed this indicator but was unable to establish support above it. Because of this rejection, the main resistance zone is the $0.190–$0.200 range. The structure would be greatly enhanced by a strong daily close above $0.20, which might also bring $0.22 back into focus.
However, XLM has established a useful concentration of support below the current price. The 20-day EMA and 50-day moving average are close to $0.178 and $0.177, respectively, while the 100-day moving average is located around $0.182. As a result, a comparatively dense support zone is formed between $0.176 and $0.182. Maintaining that cluster is crucial.
The current retracement may continue to be a consolidation after the breakout rather than the start of another decline if buyers defend it. Momentum has already decreased significantly. After rising above 70 during the rally, RSI has fallen toward 54, eliminating most of the short-term overheating. Since the initial breakout surge, trading volume has also decreased.
Bitcoin makes a key reversalIn just a few days, Bitcoin went from about $63,000 to almost $80,000, making one of its strongest technical moves in months. Although the breakout has significantly improved the structure of Bitcoin, momentum is still severely stretched as the market enters a crucial resistance zone.
BTC/USDT Chart by TradingViewAfter briefly rising above $80,000, Bitcoin is currently trading around $79,360. The rally started with a clear breakout from the narrow range of $62,000 to $65,000 that dominated most of July and August. More significantly, during the advance, Bitcoin crossed all of the major moving averages displayed on the daily chart.
The most significant development is represented by the 200-day moving average close to $72,060. Since Bitcoin had been below this indicator for several months, the move through it represented a significant long-term technical improvement. The 50-day and 100-day moving averages are still at roughly $68,300 and $66,750, respectively, while the 20-day EMA has also accelerated toward $71,300.
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Although the gap between the spot price and those averages also shows how quickly BTC has moved, this arrangement provides Bitcoin with a significant support structure below its current price. RSI confirms that concern. Right now, the indicator is firmly in overbought territory, at about 77.
The current resistance zone is between $80,000 and $82,000. This region has already begun to produce resistance and coincides with Bitcoin's May local peak.
One of the biggest technical obstacles still standing would be removed by a clear breakout above $82,000, which could lead to much greater upside. The first area to watch is $76,000–$77,000 if Bitcoin fails there.
A deeper correction toward $72,000 would represent a more significant retest of the recently recovered 200-day average. Bitcoin's structure is now clearly stronger, but after an advance of about $17,000, either a clean breakout supported by fresh volume or consolidation below $82,000 will likely be necessary for further gains.
Bitcoin, XRP, Stellar, and Shiba Inu each experienced notable price swings, with several coins testing key technical thresholds following strong summer recoveries.
Bitcoin surges to multi-month highs but faces resistanceBitcoin staged one of its sharpest rallies in months, climbing from around $63,000 to nearly $80,000 in a brief span. This move broke Bitcoin free from a narrow trading range between $62,000 and $65,000 that had persisted through much of July and August. As the rally gathered momentum, Bitcoin decisively moved above its most significant daily moving averages.
The 200-day moving average, now at approximately $72,060, served as a major hurdle after Bitcoin spent several months trading below it. Surpassing this level marked a pivotal shift in the coin’s technical structure. The 50-day and 100-day averages have also been left behind, currently near $68,300 and $66,750, with the 20-day EMA rising to about $71,300. This group of indicators provides a substantial support cluster below Bitcoin’s spot value.
Currently changing hands at about $79,360, Bitcoin finds itself in an overbought zone, with the relative strength index (RSI) at 77. Immediate resistance is concentrated between $80,000 and $82,000, correlating closely with the coin’s May local peak. Observers indicate that breaking above $82,000 could unlock further upside, while a pullback to $76,000–$77,000 or even a retest of $72,000 is possible if sellers take control.
Right now, the indicator is firmly in overbought territory, at about 77. The current resistance zone is between $80,000 and $82,000.
LevelBitcoin PriceCurrent price$79,360200-day MA$72,060Resistance zone$80,000–$82,000Support (20–100 MA)$66,750–$71,300XRP maintains key supports after rallyXRP made headlines with an August breakout that sent the token as high as $1.70. Following a pullback, XRP now trades around $1.42, still well above levels earlier in the summer. Technically, XRP’s structure remains robust as it continues to trade above the daily chart’s four major moving averages. Its 200-day moving average now sits at $1.35, representing an important long-term indicator that had capped the price for much of 2026.
Shorter-term moving averages, including the 20-day EMA at $1.24, the 50-day at $1.20, and the 100-day at $1.13, provide additional support but are less decisive factors at the moment. Trading volume spiked during the initial rally then tapered off as XRP began consolidating, suggesting the initial phase of aggressive buying has cooled. The RSI, which had spiked to over 80, has now pulled back to 69.
A daily close above $1.50 would open the path for a move towards $1.60 and potentially the recent $1.70 peak. However, traders view additional consolidation in the $1.35–$1.40 range as a healthy development for now.
Shiba Inu and Stellar face key resistance zonesShiba Inu has shown improvement since its August lows, surging to $0.00000620 before settling around $0.00000530. Despite recovering above several short- and medium-term moving averages, SHIB remains under the 200-day average near $0.00000572. Overcoming this level remains SHIB’s main technical hurdle, with the $0.00000600–$0.00000620 range acting as immediate resistance. The recent decline in volume suggests that the pullback does not amount to a large-scale sell-off, while the RSI now stands at 58, giving the token room for another rally attempt.
For Stellar (XLM), the August recovery took the price from a low of $0.155 to an intraday peak above $0.22, before correcting back to about $0.184. The 200-day moving average at $0.190 is currently the key resistance, with a daily close above $0.20 considered essential to reestablish the upward trend. Below the spot price, support rests around the 20-day EMA and the 50- and 100-day moving averages in the $0.176–$0.182 range.
Momentum indicators confirm that both SHIB and Stellar have retreated from overbought levels. For Stellar, RSI has fallen from above 70 to 54, reducing the threat of near-term overheating. As both coins consolidate, traders are watching volume trends and support clusters for signs of the next major directional move.
Mini dictionary: Relative strength index (RSI) is a technical momentum indicator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions.
