PANews reported on August 22 that crypto analyst Ali posted on social platform X that in the final stages of Bitcoin’s two historical bear markets, a key feature appeared—a sudden strong weekly reversal. Such “giant bullish candles” often caught most market participants off guard and could become a signal for the start of a new bull market. Such moves are usually driven by “short squeezes.” When the Bitcoin price rises, bearish traders keep adding short positions, and as the rally accelerates, these short positions are forced to close, further pushing prices higher.
Historical data shows that at the end of the 2019 Bitcoin bear market, there was a single-week gain of 31.98%, which was followed by a new uptrend cycle. In January 2023, against an extremely pessimistic market sentiment after the FTX collapse, Bitcoin rose 24.90% in a single week, reversing the previous bearish expectations.
A similar trend may be replaying in the current market. Although many investors expected a market bottom in October based on the “four-year cycle theory,” Bitcoin recently rose from $62,700 to $79,500, a weekly gain of 26.81%. If historical patterns continue, this strong weekly reversal may mean Bitcoin (BTC) has already entered the early stages of a new uptrend cycle.
According to market data from BIT (bit.com), Circle’s shares rose more than 6% intraday, currently trading at $92.67. Earlier reports noted that Hyperliquid is in discussions with Kraken’s parent company to enter the U.S. market.
2 hours ago
ByteDance's New Stock Guru Takes Over: US Stock Assets Surge 23-Fold in 7 Years, Core Strategy "Buy Early and Hold Steadfast"
The central figure behind the viral story "ByteDance Employee Makes 23x Gains Trading US Stocks", Dexter Yang, posted that over the more than 7 years since he joined ByteDance on January 14, 2019, ByteDance options have appreciated 4.5 to 5 times at the repurchase price, yielding an annualized return of 22% to 24%; based on the company's market valuation (USD 600 billion to USD 1 trillion), they have risen 8 to 13 times, with an annualized return of 31% to 40%. His personal US stock assets have surged 23 times over the same period, delivering an annualized return of 51%. If such returns are not attainable, excelling at work at ByteDance and earning more options is the optimal investment. Career development mirrors investing: it requires taking risks, entering early, staying committed, and achieving exponential growth through compound interest from personal growth and sector accumulation—essentially, it's about "buy and hold". Earlier, Leto Bao, a former ByteDance employee nicknamed "ByteDance Stock Trading Guy", reaped massive profits by capitalizing on the AI storage sector via US stock investments. Online reports claim he earned approximately RMB 30 million and subsequently resigned.
2 hours ago
Hyperliquid is in discussions with Kraken's parent company about entering the U.S. market.
According to market sources, Hyperliquid is in talks with Kraken's parent company to enter the U.S. market.
2 hours ago
Viewpoint: Bitcoin’s rebound momentum remains strong, with institutional allocations and speculative leverage rising in tandem.
Glassnode noted in a report that Bitcoin is currently trading around $78,600, having largely held onto the strong rally it launched from the $64,000 zone at the end of August after earlier breaking above $80,000. The broader digital asset market still shows strong institutional demand, though activity in spot and derivatives trading has cooled in some segments. Meanwhile, price momentum has clearly exceeded the upper bound of its statistical range. The secondary market’s trading volume and spot Cumulative Volume Delta (CVD) indicate that the balance of buying power in the market may be shifting, while retail participation has also weakened. Traditional finance capital continues to flow into regulated crypto investment products. U.S. spot Bitcoin ETF holdings remain profitable and have maintained weekly net inflows. At the same time, short-term, price-sensitive capital is entering the market, coinciding with high options open interest and a rapid narrowing of volatility spreads—signaling that market participants may be underestimating short-term volatility risks. On-chain data also reflects a pattern of "active settlement but weakening user participation": entity-adjusted transaction volumes are significantly above normal levels, while daily active addresses and total fee revenue have declined slightly. Overall, the Bitcoin market is in a transition phase from a strong rally to structural divergence. Sustained institutional capital allocation and a rebound in on-chain valuations are providing market support, though speculative leverage is rising and signs of short-term capital selling have begun to emerge. The market’s fundamentals remain solid, but short-term volatility and correction risks are on the rise.
2 hours ago
Iran's Revolutionary Guards: An MQ-9 drone was shot down east of the Strait of Hormuz.
The Iranian Revolutionary Guard Corps stated that an MQ-9 drone was shot down east of the Strait of Hormuz.
2 hours ago
Telegram Founder: Gram Wallet Is Ready, Now Open to Select Users
Telegram founder Pavel Durov announced in a post on his personal channel that Telegram’s Gram wallet is now ready for use and currently available to a select group of users. It will be gradually rolled out to over 1 billion users in the coming weeks. Durov thanked the validators who approved the core smart contract, noting this means future wallet upgrades will not require cumbersome wallet migrations. This is just one of many innovations Telegram has developed to enhance the usability of non-custodial wallets.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The U.S. government has transferred a portion of Bitcoin previously seized from Alameda Research accounts held on Binance.US. This transaction was highlighted by blockchain analytics company Arkham, which monitors activity involving high-profile blockchain movements.
Details of the transactionArkham reported on August 26 that Bitcoin was moved from assets originally confiscated from Alameda on Binance and Binance.US nearly three years prior. While the transfer’s amount was characterized as small, Arkham did not indicate that the movement signaled an outright sale, nor did it clarify the final destination of the funds.
Such transactions have become increasingly common as the government actively manages digital assets seized in connection with the collapse of Alameda Research and the associated FTX exchange. These ongoing asset reallocations follow several high-profile forfeiture actions spanning multiple cryptocurrencies and exchanges.
Broader government asset movementsIn May, Arkham observed the transfer of approximately $1.9 million in a mix of Alameda Research altcoins to Coinbase Prime. The assets included Render (RNDR), Uniswap (UNI), The Sandbox (SAND), Mask Network (MASK), and Axie Infinity (AXS).
Earlier, in July, wallets attributed to U.S. government authorities moved over $288 million in seized Bitcoin and Ether to Coinbase Prime. These funds originated from multiple criminal proceedings, not exclusively those linked to FTX and Alameda, underscoring the government’s ongoing effort to process forfeited digital assets.
Arkham revealed that more than $300 million held in Alameda Research accounts on Binance and Binance.US was seized by the government as part of a comprehensive forfeiture initiative totaling over $700 million in FTX- and Alameda-related assets.
The seized holdings included a significant sum of Bitcoin and wrapped Bitcoin, valued at over $102 million at the time. These actions represent just a portion of the billions in assets ultimately linked to the FTX and Alameda investigations.
Mini dictionary: Alameda Research, a quantitative cryptocurrency trading firm formerly led by Sam Bankman-Fried, was closely tied to the FTX exchange before both collapsed in 2022 following revelations of financial misconduct and mismanagement.
Legal aftermath and victim compensationSam Bankman-Fried, founder of FTX and executive at Alameda Research, received a 25-year prison sentence and was ordered to forfeit over $11 billion after being convicted of fraud and related charges. Federal Judge Lewis Kaplan authorized the U.S. government to distribute recovered assets as restitution to victims affected by Bankman-Fried’s actions.
The organized transfer and liquidation of digital assets is part of the ongoing process to satisfy the court-ordered forfeiture. An inspector general report from the Department of Justice revealed that the U.S. Marshals Service had received a $627.9 million settlement as a partial payment against the $11 billion total, with funds actively distributed to qualifying victims.
The Department of Justice emphasized that ongoing payments to victims are being sourced from funds recovered through asset seizures and settlements connected to the FTX and Alameda investigations.
Asset TypeAmount MovedDestinationDateBitcoinUndisclosed (small amount)Not specifiedAugust 26Altcoins (RNDR, UNI, SAND, MASK, AXS)$1.9 millionCoinbase PrimeMayBitcoin, Ether$288 millionCoinbase PrimeJulySettlement (USD)$627.9 millionVictimsOctober 2025Authorities have continued to coordinate the disposition of seized digital assets as they advance efforts to provide restitution and actively monitor substantial cryptocurrency movements resulting from legal proceedings in the aftermath of FTX and Alameda’s failure.
Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are retreating from their recent highs, but experienced trader DonAlt says the first pullback after the explosive rally has yet to invalidate the bullish market structure.
Why Crypto Can Go "Sideways/Up"“Nothing’s really changed,” DonAlt said in a podcast on Aug. 29, noting that BTC’s weekly chart has barely deteriorated following one of its strongest recent upside impulses.
He argued that traders calling for an immediate return toward $70,000 to $72,000 may be overlooking the importance of momentum.
DonAlt expects Bitcoin to move "sideways slash up" unless reclaimed support breaks, with a deeper pullback likely leading to prolonged consolidation.
Trending
The $75,000 to $76,000 region represents Bitcoin’s first significant test.
Bitcoin could still retreat toward around $72,000 to $73,000 without destroying its weekly structure, according to DonAlt.
However, a monthly close below roughly $73,000 would be a more significant warning that the rally was simply a bounce into resistance.
Ethereum’s $4,000 Target, Solana Breakout IntactDonAlt is even more constructive on Ethereum, calling its technical structure one of the strongest among major cryptocurrencies.
"The more I look at this, the more bullish it seems to me," he said.
The trader sees $2,300 as key Ethereum support, with a break potentially leading to $2,100-$2,200 and extended consolidation. If $2,300 holds, he sees the breakout intact with $4,000 as a potential target.
On the other hand, Solana surged out of its previous range and approached DonAlt’s $125 target before pulling back. Despite the retreat, it remains above its important breakout region around $96.
A return below that area would weaken the setup, while the larger bullish thesis would face a more serious challenge closer to $80 to $81.
He highlighted Solana’s recent shift from a low to a higher low followed by a sharp upside impulse as materially different from its behavior during the preceding bear market.
Bitcoin, the largest cryptocurrency by marketcap, is holding above $78,000 on Monday even as a stronger dollar, rising oil prices and renewed geopolitical tensions create a risk-off backdrop for crypto markets.
Bitcoin briefly fell below $77,000 in the early hours before recovering, leaving it down less than 1% over 24 hours. The cryptocurrency remains up more than 24% in August, putting it on track for its strongest monthly performance since 2017 and its largest monthly gain since November 2024.
Solana Leads the Majors Solana leads Monday's declines among major cryptocurrencies, falling roughly 3% in the past day. Despite that, the weekly picture looks considerably stronger for Solana. After reaching a weekly high of $110 over the weekend, $SOL has slipped to about $102 but remains up more than 7% over the past week. That gives it the strongest weekly performance among the top 10 cryptocurrencies by market capitalization.
Solana remains up more than 40% in August. With Monday marking the final day of the month, $SOL remains on course for its largest monthly green candle since 2024.
The network also maintains the top position in DEX volume across daily, weekly and monthly timeframes. Last week, Solana completed voting on 3 major governance proposals and recorded its biggest week ever for token launches, with more than 800,000 new tokens created.
Solana ETFs Post Record Inflows Institutional demand has also strengthened. U.S. spot Solana ETFs recorded more than $153 million in net inflows last week, marking their strongest week of 2026 and setting a new yearly record.
Only the final week of October 2025, when U.S. spot Solana ETFs launched, produced larger weekly inflows.
The strong ETF demand comes alongside Solana's broader market gains, although the latest price pullback shows that institutional flows have not insulated $SOL from wider macroeconomic pressure.
Saylor Returns to Bitcoin Buying Strategy made its first Bitcoin purchases since late June, adding 4,603 $BTC for $369.7 million last week at an average price of $80,318.
The company funded the acquisition through $602.8 million in common-stock sales. It allocated the remaining proceeds to $151.8 million in STRC preferred-stock buybacks and additional cash reserves.
Executive Chairman Michael Saylor now leads a company holding 845,050 $BTC acquired for $63.73 billion at an average price of $75,412 per Bitcoin.
Strategy was not alone in adding exposure. Bitcoin treasury firm Strive purchased 1,800 $BTC last week for $143 million, paying an average of $79,431 per coin. The purchase brings Strive's holdings to 23,156 $BTC, worth nearly $1.8 billion.
Iran conflict sends oil above $90 Geopolitical tensions added another source of pressure to markets after U.S. forces struck Iranian rocket launchers, triggering retaliation against local military bases and pushing crude prices sharply higher.
President Donald Trump declared on Truth Social that "Iran is officially a Failed Nation".
Following the declaration, brent crude climbed over 3% to $90 per barrel, while WTI rose 3% to $86.3. The oil surge has renewed inflation concerns and could complicate the Federal Reserve's interest-rate outlook.
Read More on SolanaFloor $HNT Soars 228% as America’s Fastest-Growing City Turns to Helium DePIN
Solana’s Double Disinflation Proposal Goes Down to the Wire, Passing by 0.33%
Ripple‘s native cryptocurrency, XRP, is trading near $1.37 on Monday after posting a 2% decline during the day’s session. This performance comes after a strong August, when XRP jumped nearly 27%, and surged 35% over the past two weeks, moving from $1.06 to a peak of $1.58, supporting strong returns for investors amid a broader digital asset market rally. As September begins, attention turns to whether XRP can sustain this positive momentum through the coming month.
XRP forecast for September 2026XRP has previously seen gains reversed by subsequent declines, but each market cycle brings new factors that can shift outcomes. On-chain analytics and price prediction firm CoinCodex issued its outlook for September 2026, indicating the potential for further gains in the coming weeks. Analysts noted that XRP remains one of the most closely watched digital assets due to its current upside potential and recent market performance.
CoinCodex predicts that XRP could climb to $1.50 by the end of September 2026. This projection suggests a roughly 10% increase from current trading levels for the token. In practical terms, if this prediction is realized, investors who enter the market now could see a return of $1,100 on a $1,000 investment.
XRP is expected to deliver double-digit returns in September 2026, with CoinCodex forecasting a target of $1.50 as the broader cryptocurrency market remains optimistic and follows Bitcoin‘s upward price moves.
Market context and broader trendsThe anticipated gains in XRP coincide with renewed optimism across the cryptocurrency sector. Bitcoin recently surged from $62,000 to a high of $78,000 and continues to maintain strength near $77,000. This upward momentum in Bitcoin is supporting other digital assets, including XRP, and could drive additional gains if the rally continues through September.
As investors monitor key resistance levels and technical setups, broader market interest is also shifting. Instead of relying solely on traditional brokers, a growing number of retail and institutional players are turning to Web3 platforms. This trend has brought attention to solutions like 1stepSwap, which allow users to hold tokenized shares of leading U.S. companies, gold, and silver directly in their crypto wallets. By packaging real-world assets as tokens and automatically sourcing the most competitive prices, 1stepSwap eliminates the need for intermediaries.
XRP’s recent performance has made it a focal point in ongoing debates about the sustainability of altcoin rallies. While past performance suggests some risk that gains may be transient, market conditions and new infrastructure trends may offer additional support in the months ahead.
Potential gains and ongoing volatilityAnalysts emphasize that even a 10% monthly gain is notable, as few financial assets consistently deliver such short-term returns. The continued bullish sentiment for XRP and other leading cryptocurrencies hinges on factors such as Bitcoin’s momentum, overall trading volume, and investor confidence moving into September.
Market participants see this as a window of opportunity, but also recognize that historical price reversals remain possible and ongoing monitoring of both technical and fundamental signals is essential.
As the crypto markets navigate September, XRP will likely remain under close observation, with its trajectory providing insight into broader digital asset trends and investor sentiment in this cycle.
The human brain runs on roughly 20 watts. The world’s fastest supercomputer, LineShine in Shenzhen, draws 42.2 million watts. That gap has become the internet’s favorite argument about AI energy use, and most of it is wrong.
The comparison itself holds up. However, the numbers circulating on social media trace back to a single paper. The most striking one has been misattributed for three years.
China just topped the global supercomputer ranking for the first time since 2017.
LineShine. Shenzhen. 2.198 exaflops. 2 quintillion calculations per second. 20% faster than the US's El Capitan.
built entirely on domestic Chinese CPUs. no Nvidia. no US chips. no export controls… https://t.co/Tuuk6svl6l pic.twitter.com/fwFKWN0Mr4
— IT Guy (@T3chFalcon) June 24, 2026
AI Energy Use: What 20 Watts Actually Buys
The 20-watt figure rests on decades of metabolic measurement. The brain accounts for about 2% of body weight and roughly 20% of resting oxygen consumption.
Neuron counts are shakier than they appear. The widely quoted 86 billion rests on four male brains and is currently under dispute in the journal Brain.
Viral posts often use 12 watts rather than 20. That figure appears in a 2023 paper in Frontiers in Artificial Intelligence, stated without any citation at all.
The same paper produced the number everyone shares. Its authors estimated that digitally recreating a human brain would draw 2.7 billion watts.
That estimate came from extrapolating a 10-million-neuron simulation to mouse scale, then multiplying by a thousand.
The paper also states that the simulation ran about 30,000 times slower than biology. Social posts drop that detail. Secondary sources then credit the figure to the Blue Brain Project, which never published it.
A Viral Post on LinkedIn Claiming How the Human Brain Only Needs 12 Watts to Think. Source: Evolving AI
Reliable numbers do exist elsewhere. Epoch AI estimated a typical ChatGPT query at 0.3 watt-hours in early 2025. A peer-reviewed study in Joule later landed on 0.31.
Two independent methods agreeing that closely is unusual. However, the figure changes sharply with workload, and reasoning models that produce longer answers can cost several times as much.
What Biology Does Differently, and What Silicon Copied
Cortical activity is sparse. Average firing rates are below 1 Hz, and energy follows change rather than clock cycles.
Modern AI reached the same conclusion independently. Kimi K2 activates 32.6 billion of its 1.04 trillion parameters per token, close to 3.1%.
That ratio is falling fast. Mixtral used roughly 28% of its parameters in 2023, while DeepSeek-V3 now uses 5.5%.
Biology also computes at low precision. Nothing inside a neuron resolves to 32 bits.
Chipmakers followed the same path. DeepSeek trained a 671-billion-parameter model in eight-bit precision. NVIDIA has since pretrained a 12-billion-parameter model in four-bit.
Power draw on a logarithmic scale, from a brain to a data center / Source: BeInCrypto
The third difference is the largest and the least copied. Brains hold memory and computation in the same physical place.
Digital machines separate them. Stanford’s Mark Horowitz showed the cost of that split. Fetching an operand from memory can consume hundreds of times more energy than the arithmetic itself.
The Brain-Shaped Chips That Never Arrived
Hardware built explicitly to imitate neurons has struggled. No neuromorphic or analog system has trained or run a frontier model in production.
Intel’s Hala Point packs 1.15 billion artificial neurons across 1,152 chips. It remains a research prototype installed at Sandia National Laboratories. Mike Davies, director of Intel’s Neuromorphic Computing Lab, speaking to The Register in 2024, said:
“We’re not mapping any LLM to Hala Point at this time. We don’t know how to do that.”
The commercial picture is thinner still. BrainChip is the sector’s flagship listed company. It reported $700,000 in customer receipts against $5.3 million of operating outflow last March quarter.
Others have stalled outright. Rain AI, which sought $150 million and failed to raise it, explored a sale in 2025.
Researchers inside the field describe a circular problem. Catherine Schuman, assistant professor of electrical engineering and computer science at the University of Tennessee, Knoxville, stated:
“The hardware companies are waiting for there to be a killer application, but it’s really hard to understand how to build those applications without having hardware to prototype on.”
More than 20 researchers signed a 2025 consensus paper in Nature. It argued that the field still lacks the ecosystem it needs.
Biology’s principles won. The hardware built to embody them did not.
Everyone Is Bidding for the Same Electrons
Efficiency matters now because electricity has become the binding constraint. The International Energy Agency put global data center consumption at 485 terawatt-hours in 2025.
AI-focused facilities grew 50% during that year alone. The agency expects them to triple by 2030.
Grid access, rather than chip supply, now gates construction. Median time from an interconnection request to commercial operation exceeds five years, according to Lawrence Berkeley National Laboratory.
Microsoft chief executive Satya Nadella said in November that his company holds processors it cannot plug in. The shortage is powered buildings, not silicon. Institutional investors have raised similar questions about grid readiness.
Bitcoin miners spent a decade solving exactly that problem. They hold energized sites, signed power agreements, and interconnection rights that newcomers wait years to secure.
The result has turned mining into an energy and infrastructure business. Retrofitting a working site costs roughly $3 million to $4 million per megawatt. Greenfield construction runs $10 million to $12 million, VanEck estimates.
Announced deal values are enormous. Public miners have signed AI contracts worth more than $70 billion in aggregate.
Delivered capacity tells a quieter story. Second-quarter 2026 filings show roughly 750 megawatts actually energized across the sector.
Core Scientific accounts for about 437 of those megawatts. Galaxy’s Helios campus delivered 133; TeraWulf 102; IREN 50; and Riot 25. Hut 8 has contracted 949 megawatts and energized none.
Contracted capacity against what has actually been switched on / Source: BeInCrypto
The pivot has been costly. Combined quarterly losses at miners MARA and CleanSpark reached $851 million in August.
Most mining capacity will never convert. Preliminary Cambridge survey data presented in July showed that about 10% of miners had allocated power to AI.
The obstacles are physical. Mining tolerates interruption, whereas AI tenants demand firm power, dense cooling, and fiber that remote sites rarely have.
Even so, the direction of travel is clear. Core Scientific now earns 83% of its revenue from colocation and just 13% from mining itself.
Investors have priced that shift in. Miners holding signed leases trade at far higher multiples of their energized power. Meanwhile, the next AI bet increasingly looks like electricity rather than chips.
Why Efficiency Will Not Fix AI Energy Use
Efficiency gains have absorbed demand growth in the past. Global data center compute grew by 550% between 2010 and 2018, while energy use rose by about 6%.
Then the pattern broke. United States data center consumption climbed from 58 terawatt-hours in 2014 to 176 in 2023.
Evolution optimized under a hard ceiling. A skull drawing 200 watts would have killed its owner, so efficiency became the only available answer.
AI has never faced that ceiling. It has faced a capital ceiling instead, and capital stretches far more easily than electricity does.
That is now changing. The open question is no longer whether biology is more efficient. It is what AI becomes once power, rather than money, decides what gets built.
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows.
Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions of inflows, according to SoSoValue data.
The reversal followed more than $3 billion of net inflows during the nine-session run, while August flows remained positive at $3.3 billion with one US trading session left in the month. Total net assets fell to $97.6 billion after topping $100 billion on Thursday.
Daily flows into US spot Bitcoin ETFs since Aug. 14, in USD. Source: SoSoValue
The Bitcoin ETF reversal contrasts with continued inflows into Ether and XRP funds, while Solana ETFs have reached new asset milestones.
ARK 21Shares leads Bitcoin ETF outflowsThe ARK 21Shares Bitcoin ETF (ARKB) led Friday’s withdrawals with $114.9 million in net outflows, followed by the Bitwise Bitcoin ETF (BITB) with $49.7 million, according to Farside Investors data.
BlackRock’s iShares Bitcoin Trust ETF (IBIT), the largest US spot Bitcoin ETF by assets, recorded $33.4 million in outflows.
US spot Bitcoin ETF flows on Friday. Source: Farside Investors
Morgan Stanley’s Bitcoin Trust (MSBT) was the only fund to record inflows Friday, adding $9.3 million.
Ether, XRP ETFs buck Bitcoin outflowsEther and XRP ETFs continued to see inflows Friday despite the reversal in Bitcoin funds, adding $102.2 million and $26.2 million, respectively, according to SoSoValue data. The funds last recorded net outflows on Aug. 11 and Aug. 5, respectively.
Solana ETFs have also maintained positive momentum. Bloomberg ETF analyst Eric Balchunas said Friday that the category had attracted $1.7 billion in cumulative flows without a sustained stretch of outflows.
Bitwise’s Solana ETF also became the first fund in the category to cross the $1 billion mark, according to the analyst.
Balchunas called the performance “impressive” despite what he described as a “nightmare downturn” in the first half of the year.
Magazine: Bitget CEO isn’t buying the Bitcoin rally — She’s waiting for $50K
This article is produced in accordance with Cointelegraph's Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
The Bitcoin rally is clearly starting to lose some of its shine. The products linked to it are already feeling the consequences. After a strong series of inflows, the machine has slightly jammed. We now wonder if it’s just a pause or the beginning of a real slowdown.
In brief Bitcoin ETFs recorded $201.8 million in net outflows on August 28, ending a nine-day streak of inflows that had drained more than $3 billion. ARKB concentrated most of the withdrawals with $114.9 million, followed by BITB and IBIT, while Morgan Stanley was an exception. Ethereum ETFs continued their streak with a twelfth day of inflows and $102.2 million, while Solana ETFs crossed the billion-dollar cumulative mark. Bitcoin was pushed below $81,000, an area where a significant share of supply concentrates, and is now testing supports around $77,500. The Bitcoin ETF buying machine finally stalls On August 28, 2026, the streak of nine consecutive days of inflows in Bitcoin ETFs ended. Net outflows reached $201.8 million. ARKB accounted for the largest share with $114.9 million. BITB followed with $49.7 million and IBIT with $33.4 million. Morgan Stanley was somewhat of an exception, recording $9.3 million in inflows.
The previous streak had still drained more than $3 billion. The peak was at $606 million on August 20. Nonetheless, August remains the strongest month of 2026 for these products, with $3.3 billion in net inflows.
Total assets fell back to $97.6 billion after briefly exceeding $100 billion. The price of Bitcoin slipped from $81,000 down to around $77,500. Analyst afsheenjaf summarized the situation quite clearly:
Bitcoin just lost the support nobody was watching. Why? Because $6.4 billion in options expired this morning.
This halt comes just after a failed test of the $81,000 zone.
Ethereum and Solana crypto ETFs keep attracting money While Bitcoin stalled, other crypto coins continued to attract money. Ethereum ETFs logged their twelfth consecutive day of inflows, with $102.2 million on August 28. XRP ETFs added $26.2 million.
Solana ETFs reached $1.7 billion in cumulative flows. The Bitwise Solana ETF even became the first fund of its category to cross the billion-dollar mark. Eric Balchunas, analyst at Bloomberg, found the performance “impressive” despite a first semester he described as a “nightmare downturn.”
Ether actually outperformed Bitcoin for the week, with a 31.3% increase compared to 23.6% for BTC. This divergence raises some questions. Are investors really turning to altcoins? Or is it just a timing shift?
For now, the rotation seems real. It could continue if Bitcoin remains stuck below $80,000.
The $80,000 wall is still holding Bitcoin back The technical resistance is indeed present. Glassnode shows that 8% of Bitcoin supply was bought between $80,000 and $82,000. About 5% is concentrated precisely around $80,000. The 50-week moving average sits at $81,081. BTC tested this level on August 28 before being pushed back. The Bitfinex analyst team described the move as “a squeeze that hit a defined population of sellers.”
The expiration of $6.4 billion in options removed part of the forced buying around $80,000. Analyst afsheenjaf anticipates a possible “shakeout” before the next phase. If Bitcoin loses $77,500, the next support lies at $75,000.
A clear rebound above $78,500 would be a rather positive signal for some traders. The weekend therefore looks quite important for what comes next.
Will the inflows return after the weekend? The outflows on August 28 represent only 6.6% of the $3 billion accumulated during the nine-day streak. Several analysts see it more as profit-taking rather than a true institutional disengagement. The future will depend heavily on upcoming macroeconomic data.
The employment report and CPI will arrive before the September 16 meeting. Bloomberg Chief Economist Anna Wong anticipates potentially weak or even negative figures. ETFs still hold more than one million bitcoins. This stock remains a sign of longer-term conviction.
If Bitcoin remains stuck below $80,000, the rotation toward other cryptocurrencies could continue. The question remains open. Will the market consolidate before rebounding, or enter a more pronounced correction? The coming days should provide answers.
Key figures to watch BTC price at time of writing: $77,709 Net outflow of Bitcoin ETFs on August 28: $201.8 million Duration of the broken inflow streak: 9 days Next major technical support: $75,000 Net inflows in August for Bitcoin ETFs: $3.3 billion Recent events push crypto traders to look a bit further ahead. Understanding and trading the gold-dollar pair becomes interesting in this context of fiscal tensions. Markets move fast. Strategies must keep up.
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Mikaia A.
La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Arthur Hayes argues Treasury Secretary Scott Bessent is running the same money-printing playbook former Secretary Janet Yellen used in 2023. If the pattern holds, the math points to a six-figure Bitcoin target.
Bessent’s Treasury has already doubled long-term bond buyback operations this month. Hayes says the policy mirrors the liquidity mechanics that fueled Bitcoin’s 2023-2024 rally under Yellen.
Why Hayes Sees a Bessent-Yellen RepeatHayes, the BitMEX co-founder and Maelstrom chief investment officer, made a similar case in a recent Hayes interview. He argues Bessent faces the same problem Yellen did in 2023. Both face a government that keeps spending. Historically, that has forced a Treasury Secretary to defend the 10-year yield below 5%.
Yellen’s fix was shifting issuance toward short-term bills. The move drained the Fed’s reverse repo facility from $2.5 trillion to about $100 billion. That drawdown ran from mid-2023 to January 2025, when Bessent took over. That cash flowed into bank reserves and, Hayes argues, into Bitcoin’s 2023-2024 rally.
A snap shot of Bitcoin’s price action from the start of 2023 – at around $16,000 – to the end of 2024 where it tipped over $100,000. Image Source: CoinGeckoBessent’s version of the same trade is already underway. The Treasury doubled long-term bond buybacks from $2 billion to $4 billion per operation this month. Officials are also weighing whether to tap the roughly $950 billion Treasury General Account (TGA) to fund even larger purchases.
The move briefly pushed Bitcoin to $80,000 before it slipped back near $78,800. That mirrors how quickly the bond market clawed back August’s earlier buyback rally.
The Bitcoin Math Behind the $224,000 TargetApplying Hayes’ 2023 comparison literally produces a specific target. Bitcoin traded near $26,000 in mid-2023, when Yellen’s bill-heavy issuance began draining the reverse repo facility. It peaked near $73,750 in March 2024, before the halving and spot ETF approvals added their own momentum. That’s a 2.84x move.
Applying the same multiple to Bitcoin’s current price of roughly $78,800 produces a target near $224,000. That figure is a simple calculation based on Hayes’ framework, not a number Hayes stated himself.
But, the number does carry some caveats. The 2023-2024 rally wasn’t driven by reverse repo drainage alone. Spot Bitcoin ETF approval in January 2024 and April 2024’s halving both landed in the same window. Each moved price independently of Treasury issuance mechanics. However, implicit money printing has always been a big catalyst for Bitcoin growth
Citadel Securities has also pushed back on Bessent’s buyback strategy. The firm warns the approach resembles financial repression that could weaken the dollar and stoke inflation.
Whether Bitcoin gets anywhere near that math depends on one thing.
Can Bessent’s buybacks hold up better than August’s first attempt did? Or will they fade the way the bond market rally already has twice this month?
Hayes: Treasury Policy Is the New Liquidity LeverBitMEX co-founder Arthur Hayes (@CryptoHayes) says a new $BTC bull market may already be underway, and the catalyst has nothing to do with the Federal Reserve cutting interest rates.
In his August 25 essay, "Same Same But Different," Hayes points to a shift in US Treasury policy as the key driver.
His core argument is that this mechanism can expand dollar liquidity without requiring the Fed to act at all.
A Playbook Hayes Has Seen Before He sees the current setup as a potential repeat of that liquidity-driven environment, which coincided with a significant rally in risk assets.
On that basis, he believes the latest Treasury actions could trigger a similar rally for Bitcoin and other cryptocurrencies.
It is worth noting that Hayes's views represent one interpretation of Treasury mechanics. Markets may not respond as predicted, and the relationship between Treasury buyback activity and Bitcoin price action remains a matter of debate among analysts.
Sources:
crypto.news: Bitcoin bull market underway, Arthur Hayes says
Yahoo Finance: Arthur Hayes: Dollar Liquidity Will Drive BTC Higher in 2026
Kuaishou: Beijing Keling signs an affiliation agreement with the National Artificial Intelligence Fund and Chia Tai Robot.
Kuaishou released an announcement stating that on August 31, 2026, Beijing Keling entered into capital increase agreements with the National Artificial Intelligence Fund and CITIC Robot respectively. Per the agreements, the National Artificial Intelligence Fund and CITIC Robot will each act as additional investors in the deal, injecting RMB 1.4 billion in cash and approximately $19.29 million (equivalent to around RMB 131.45 million) into Beijing Keling respectively.
10 minutes ago
The yield on the 5-year U.S. Treasury note rose to 4.5%, marking its highest level since January 2025.
The yield on the US 5-year Treasury note rose to 4.5%, its highest level since January 2025.
10 minutes ago
Bill Gates: Will not invest in cryptocurrency, skeptical of 'frenzy-driven assets'
Microsoft co-founder Bill Gates, during an interview when asked if he would diversify his assets into currencies or assets other than the U.S. dollar, said: "I would not choose cryptocurrency. I am a well-known skeptic of assets driven purely by hype. I missed out on gold. I think generally, a basket of stocks is the best long-term investment, ideally a globally balanced portfolio of stocks."
10 minutes ago
Cronos chain has resumed block production, with its chain state rolled back to before the Tectonic exploit.
Cronos Network has officially announced that it has resumed block production and full operation. Prior to this, Cronos suspended block production following a vulnerability exploit incident involving the Tectonic protocol. Validators implemented emergency consensus measures to protect user funds, rolling back the chain state to a point before the Tectonic exploit on August 30. The network resumed block production at 23:49:01 UTC on August 30, starting from block height 90,896,189. Cronos noted that node operators can now restart their nodes using Cronos v1.7.8 and the latest mainnet snapshot. The network remains under continuous monitoring, with some protocols, RPC providers, block explorers, and cross-chain bridges expected to take longer to fully recover. Cronos added that its team will release a full incident review report once network stability is confirmed.
10 minutes ago
Mediatek: Alphabet Participates in $3.9 Billion Overseas Convertible Bond Offering
MediaTek stated that Alphabet (GOOG.O), one of its long-term artificial intelligence infrastructure partners, participated in the company’s record $3.9 billion overseas convertible bond offering.
Arthur Hayes believes that the Strategy stock is no longer the best way to gain exposure to bitcoin. According to the BitMEX co-founder, the removal of the premium once granted to the MSTR share weakens the financial process that allowed the company to issue shares and obtain more BTC. However, this analysis does not explain an immediate insolvency risk. It is mainly related to Strategy’s ability to continue its growth without diluting its shareholders.
In brief Arthur Hayes believes that MSTR is no longer the best option to gain exposure to Bitcoin. The disappearance of the mNAV premium weakens Strategy’s accumulation mechanism. Strategy might resort to dilution, BTC sales, or reducing distributions. Its $3.75 billion reserve prevents an immediate financial crisis. Bitcoin ETFs now appear as a simpler alternative in Hayes’s eyes. The disappearance of the premium leaves three options for Strategy During an interview with journalist Laura Shin, Arthur Hayes shared his reasoning. Bitcoin was around 80,000 dollars at the time, while Strategy‘s mNAV based on enterprise value was close to 1.01. Its variants (simple and diluted) were respectively 0.73 and 0.74 on August 27.
The mNAV evaluates Strategy’s capitalization relative to its cryptos, especially its bitcoins. If this ratio exceeds 1, the company can issue new shares at a price higher than the value of the equivalent BTC. Then, it uses the capital obtained after this sale to strengthen its reserve. The decrease of this premium makes this operation less advantageous and can trigger dilution.
Faced with this scenario, Hayes identifies three fundamental options for Michael Saylor :
Issuing new shares, with a significant dilution risk for MSTR holders ; Selling part of the bitcoins, which would directly reduce the reserve that underlies the group’s valuation ; Reducing certain distributions, risking upsetting investors attracted by preferred shares’ yields. For Hayes, this model can weaken even without a bitcoin collapse. A prolonged stagnation is sufficient, as it reduces investor interest in a stock that offers a more complex and riskier exposure than a Bitcoin ETF.
Bitcoin sales are already no longer theoretical Strategy currently owns 840,447 BTC, according to its official ledger. Their total acquisition cost is close to 63.36 billion dollars, or an average price of 75,385 dollars per unit.
The company’s holdings were still at 847,363 BTC on June 22. They have since dropped by 6,916 BTC in less than two months. Strategy has a program that allows it to sell BTC to finance its dollar reserve.
Strategy has developed a program that allows it to sell BTC to finance its dollar reserve, pay dividends and interests, or repurchase certain shares. The company had already sold 218.4 million dollars worth of bitcoins since the start of the year as of July 26.
This policy ends the image of a company that would continuously hold all of its BTC. However, it does not mean that Strategy is abandoning this accumulation model. Its reserves remain about 168,000 BTC higher than their level at the end of 2025.
Arthur Hayes nevertheless believes that Bitcoin ETFs currently offer a simple solution. A product like BlackRock’s IBIT directly tracks BTC value, without exposing the investor to debt, preferred shares, or Strategy’s own financial decisions.
The dollar reserve prevents an immediate crisis Strategy’s annual obligations related to dividends and interests peak at nearly 1.5 billion dollars. This cost puts continuous pressure on cash flow, but the company still has many levers to cover it.
At the end of July, its dollar reserve was around 3.75 billion dollars. This amount represented more than 25 months of coverage for dividends and interests, according to the second quarter results. The company had also reduced its convertible debt from 8.21 to 6.71 billion dollars.
Hayes’ warning thus rests more on the future effectiveness of the model than on Strategy’s survival. When the mNAV sustainably recovers a premium, the company will begin issuing shares under more favorable conditions again. Otherwise, these financing mechanisms will become more solicited.
The progression of the mNAV and the number of BTC per share will be the main data to watch. A simultaneous correction of these two indicators would confirm the weakening mentioned by Hayes. Their recovery would, on the contrary, prove that Strategy still holds its capacity to provide significant exposure to bitcoin.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
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Bitcoin (CRYPTO: BTC) has likely bottomed near $58,000-$60,000 and could grind higher into a "hated rally" as the U.S. moves toward de facto yield curve control, according to BitMEX co-founder Arthur Hayes.
Speaking on Cointelegraph’s "Trade Secrets" on Friday, Hayes said the market is starting to understand that U.S. debt is too large and too expensive to finance without more liquidity support.
According to Hayes, the key driver is not politics but liquidity.
Treasury Secretary Scott Bessent’s long-end Treasury buybacks are a signal that the U.S. is moving toward yield curve control, even if officials do not call it that.
"They call it Treasury buyback […] but at the end of the day, it’s money printing," Hayes pointed out.
Hayes made the case that the U.S. government must be able to issue debt affordably and if long-term yields threaten that system, policymakers will "print as much money" and change as many rules as needed.
Trending
Bitcoin, Ethereum (CRYPTO: ETH) and other crypto assets should respond well to that.
Hayes’ Bitcoin Price TargetHayes said Bitcoin could reach $150,000 by year-end and potentially $1 million by 2030 but warned investors not to treat price targets as precision forecasts: "I predict the narrative. Then you pick the fastest horse."
For now, he said the narrative has shifted bullish because the market is seeing the first signs of U.S. yield curve control.
He does not expect Bitcoin to immediately jump to $120,000. Instead, he sees a slow grind higher as more evidence builds that Treasuries are no longer "money good" in size.
Trump Is Not The CatalystHayes dismissed the idea that President Donald Trump’s comments on Bitcoin or crypto policy are driving the rally, saying Trump is irrelevant: "Read the Treasury. Read the Fed. Read the monetary authorities."
Hayes also downplayed the CLARITY Act, as crypto regulation is not likely to be a top political priority compared with issues like housing affordability, electricity prices and data center costs.
Why Hayes Has His Eyes on ETHHayes’ top current risk-reward trade is Ethereum (CRYPTO: ETH), not Hyperliquid.
His reasoning is simple: everyone hates ETH.
"It’s the one mega-cap crypto that has not eclipsed its 2021 all-time high," Hayes stated.
Ethereum remains the base layer for DeFi and still has the strongest developer ecosystem, but investors needed to see price action first before remembering the bull case.
In a bullish scenario, Ethereum could rise 3x to 5x quickly if capital rotates back into the asset.
Hayes also named Ethena (CRYPTO: ENA) as another strong risk-reward trade since it benefits when the synthetic dollar trade becomes expensive, which usually happens when Bitcoin starts rising and funding markets heat up.
On meme coins, Hayes said another broad meme coin season is unlikely. The next winners will need real communities or major personalities behind them.
"Random person on social media is not going to be able to create a $100 million meme coin" as easily as before, he pointed out.
Image: Shutterstock
Read Also: Trump Family’s New Crypto Bank Is 49% Owned by Group Behind $500 Million World Liberty Bet: WSJ
Reform UK has stripped crypto firms from its conference sponsor list. The move lands days after British police revealed a $1.4 million Bitcoin forfeiture.
Nigel Farage’s party is selling diplomats and manufacturers instead.
Reform UK’s annual conference opens in Birmingham next week. Last year the digital payments firm Zebec headlined as a key backer. This year no crypto company appears on the sponsor list.
Perks have gone too, with free tickets and access to senior figures also cut, Bloomberg reported, citing people familiar with the arrangements.
Reform UK is highlighting its diplomatic clout and de-emphasizing support from crypto companies as Nigel Farage’s populist party seeks to show that it’s ready to lead Britain https://t.co/9Fdy9xauxH
— Bloomberg (@business) August 29, 2026
It comes as a parliamentary probe is examining whether Farage should have declared £5 million from Christopher Harborne, a Thailand-based crypto investor. Farage’s crypto lobbying has drawn separate scrutiny this year.
Diplomats and Manufacturers Take the Stage Instead
Farage’s populist party holds just eight of 650 Commons seats, yet polls place it in contention for 2029.
Honorary treasurer Nick Candy is promoting foreign guests. Envoys from India, Italy, Poland, the UAE and the US are expected, alongside French National Rally leader Jordan Bardella.
“The scale and breadth of the diplomatic presence at the conference next week is a clear indication of how seriously Reform is being taken internationally,” Nick Candy, Reform UK honorary treasurer, speaking to Bloomberg.
However, not everyone is convinced. Renewable energy executives remain reluctant to appear, according to a City of London public relations executive. They fear legitimizing the party.
On its first business day, it sold more than 600 tickets, drawing JCB, TikTok and Heathrow.
So is Reform done with crypto? Not on paper. It has announced no policy changes regarding digital assets, and the retreat focuses on sponsors and perks rather than positions.
Birmingham will show a party managing its image while an investigation runs, not one abandoning crypto.
Police Traced 20.21 Bitcoin Back to 2016
Elsewhere but still in the UK, Avon and Somerset Police recovered 20.21 BTC, other crypto and money in a bank account, worth £1,032,487.86.
Investigators tied the funds to darknet marketplaces that ran from 2016 to 2019. These were hidden shopping sites, reachable only through anonymizing software, that sold drugs and facilitated human trafficking.
LATEST: 🇬🇧 UK police seized over $1.4M in Bitcoin, other crypto and cash from a deceased convicted money launderer, tracing the funds to darknet markets from 2016–2019. pic.twitter.com/2dvHhFlZ7b
— CoinMarketCap (@CoinMarketCap) August 28, 2026
A blockchain keeps every transaction on a permanent public record, so coins moved in 2016 still leave a trail.
The owner had died before the forfeiture was completed. Under the Proceeds of Crime Act, however, the case runs against the property, not the person.
It is the force’s largest crypto recovery since Britain introduced wallet freezing orders in April 2024. Bigger hauls exist, including a £114 million Bitcoin seizure.
Recovered funds go back into community and policing programs.
Bitcoin surged from $64,000 to over $80,000 in August on ETF inflows and a short squeeze. Bullish jumped 46% on a Q2 earnings beat and its new tokenized share-trading platform. Cipher Mining fell 33% after a steep revenue miss and new data-center moratorium in New York. Earnings results, not Bitcoin’s rally, ultimately decided each crypto stock’s monthly return. Crypto stocks diverged sharply this month, even as Bitcoin staged its strongest rally since May. The token moved from roughly $64,000 in late July to briefly above $80,000 by August 25–26.
A short squeeze, steady ETF inflows, and Treasury buyback hints fueled the broader move. Still, that shared tailwind produced very different results across individual crypto stocks, since earnings dictated the actual spread.
Company Earnings, Not Bitcoin, Set the Direction Bitcoin’s rebound lifted nearly every crypto-linked stock to some degree this month. Yet the size of each move depended almost entirely on what companies reported in early August. Second-quarter earnings released in the first half of the month became the real driver behind returns.
Bullish gained 46%, the strongest performance among crypto stocks tracked this period. Revenue rose 62% year-over-year, and EBITDA beat estimates by a wide margin. A new tokenized share-trading platform on its own exchange added a second growth story.
Why crypto stocks diverged this month
Bitcoin staged its first real rally since May, moving from roughly $64,000 in late July to briefly above $80,000 by August 25–26, driven by a record short squeeze, ETF inflows, hints of Treasury bond buybacks lowering yields, and momentum… pic.twitter.com/OXxz49pxAD
— 10x Research (@10xResearch) August 29, 2026
Metaplanet, Circle, and BitGo each advanced close to 36% this month. Metaplanet posted 134% revenue growth and disclosed a fresh BlackRock stake in its shares. It also seeded a new Bitcoin treasury vehicle, Superplanet, with 2,100 BTC.
Circle rode a broader stablecoin and infrastructure bid that also supported Coinbase. BitGo’s gain reflected a technical snapback after months of class-action pressure and deep price-target cuts. A 79.6% year-over-year revenue beat sparked aggressive short covering off oversold levels.
Weak Results Overrode Bitcoin’s Broader Momentum Crypto stocks with disappointing earnings fell even as Bitcoin extended its rally through late August. Investors treated company-specific misses as more important than the sector-wide macro backdrop. That pattern explains why the divergence widened rather than narrowed this month.
Cipher Mining dropped 33%, the sharpest decline tracked among these names. Revenue fell 43% year-over-year to $24.8 million, badly missing the $32 million forecast. A new New York moratorium on hyperscale data centers added regulatory pressure to its AI shift.
Hut 8 fell 27% after reporting a $177 million net loss tied to unrealized asset losses. Revenue actually rose 81%, but investors focused on its AI data-center execution risk instead. Bitmine, by contrast, gained 32% purely on its Ethereum-treasury buildout and staking income story.
Core Scientific slid 24% following the collapse of its CoreWeave merger earlier this year. A $1.16 billion quarterly loss overshadowed a new AMD data-center partnership announced alongside it. CleanSpark dropped roughly 20% after an August 6 earnings miss and funding concerns.
Those funding concerns centered on its $6.6 billion Georgia AI data-center lease. Across the sector, crypto stocks diverged this month based on execution, not exposure to Bitcoin’s rally.
Key Takeaways BTC retreated below the $78,000 mark following July’s PCE inflation reading of 3.7%, surpassing the anticipated 3.6% Traditional markets including equities and precious metals experienced concurrent declines after the inflation announcement According to CryptoQuant analysis, Bitcoin has moved into early bull market territory but requires a decisive close above $83,000 for validation Traders holding short-term positions realized $1.2 billion in gains during the August 20-22 period Market analyst Rekt Capital cautions that the recent 25%+ price surge may constitute a temporary bear market rebound The leading cryptocurrency fell beneath the $78,000 threshold on Wednesday after U.S. inflation metrics exceeded market projections. This decline affected both digital asset and conventional financial markets simultaneously.
Bitcoin (BTC) Price July’s Personal Consumption Expenditures (PCE) index—the Federal Reserve’s primary inflation measurement tool—registered at 3.7% on an annual basis. Market forecasters had projected 3.6%. The index showed a 0.2% monthly increase, matching the core PCE’s monthly advancement.
Financial commentary platform The Kobeissi Letter highlighted on X that “US inflation remains at approximately twice the Fed’s 2.0% objective.”
BREAKING: US July PCE inflation, the Fed's preferred inflation metric, hits 3.7%, above expectations of 3.6%.
Core PCE inflation was 3.3%, the second highest reading since October 2024.
US inflation continues to run at nearly double the Fed's 2.0% target.
Own assets or be left…
— The Kobeissi Letter (@KobeissiLetter) August 26, 2026
The figures dampened market sentiment that had strengthened after June’s PCE unexpectedly declined, marking the first monthly reduction in six years.
American equity markets opened with losses while gold dropped beneath the $4,600 per ounce threshold after the announcement. Bitcoin experienced daily declines reaching 1% based on TradingView metrics.
$83,000: The Critical Threshold Notwithstanding the recent pullback, blockchain analytics provider CryptoQuant indicated that Bitcoin has transitioned into the initial stage of a fresh bull cycle after surging more than 25% since the previous week. The company’s Bull Score indicator leaped from 30 to 80 within seven days—representing its strongest signal since October 2025, when BTC traded near $124,000.
CryptoQuant now shows eight out of ten tracked onchain indicators displaying positive signals.
Julio Moreno, CryptoQuant’s research director, identified $83,000 as the pivotal price point to monitor, corresponding with the current position of the 365-day moving average. Moreno stated that a sustained close above this threshold would represent “official” verification of a new bull cycle.
The analytics firm attributed the recent price appreciation to two macroeconomic drivers: the U.S. Treasury’s initiative to expand long-term bond repurchases to a minimum of $4 billion per operation starting September 9, and President Trump’s statements indicating potential U.S. government consideration of Bitcoin acquisition.
Spot market demand is accelerating at its quickest monthly rate since late December, with both spot and futures demand expanding concurrently for the first instance since early October 2025.
Market commentator Ted (@TedPillows) summarized the situation on X: “$83,000 — should Bitcoin surge past this threshold, the cycle low will be validated, eliminating prospects of a decline to $50,000.”
Near-Term Overextension Signals CryptoQuant identified short-term overheating conditions. The unrealized profit margin for active traders reached 20.5%, marking the highest level since June 2025—a threshold that has historically preceded profit-taking activity.
Investors with short-term holdings secured $1.2 billion in realized gains throughout the August 20-22 window, featuring a single-day record of $614 million on August 20.
Exchange deposit activity surged notably. Bitcoin deposits approached 53,000 BTC, the largest volume since June 5. ETH deposits climbed to 1.7 million ETH, also matching June 5 levels. XRP whale deposits escalated to 460 million XRP, their peak since February.
Market strategist Rekt Capital cautioned on X that BTC faces the possibility of extending its pattern of descending highs established since October 2025. He pinpointed the 50-week EMA positioned at $77,251 as a crucial level requiring recapture and maintenance. Bitcoin’s most recent monthly closure above this level occurred in October 2025.
The PCE release comes one day ahead of the Federal Reserve’s annual Jackson Hole economic symposium, where Fed Chair Kevin Warsh will deliver the keynote presentation on Friday.
A steady move above $80,000 could return significant Bitcoin capital to profit, but resistance near $84,569 remains a major hurdle.
Bitcoin’s $80,000 level has emerged as a major threshold as the crypto asset attempts to break out of the current bear market. Several technical and on-chain measures are converging around this level.
At the same time, the traditional realized price has become less relevant because of the large amount of illiquid BTC supply, according to CryptoQuant analyst Darkfost.
$80K Breakout Test In his latest post, Darkfost noted that Bitcoin’s market capitalization has been on the rise. At the cycle peak, the figure even reached $1.75 trillion. Because coins bought more than 10 years ago are now largely considered illiquid, they represent a much smaller share of the market capitalization than Bitcoin purchased more recently. This makes it necessary to adjust the realized price by weighting it according to the amount of capital invested.
Using this capital-weighted approach, the analyst calculated a Bitcoin cost basis of approximately $79,600. That figure places the average invested capital near the $80,000 mark, which makes the level a significant barrier for the crypto asset at present.
Darkfost explained that this area more clearly identifies where the average invested capital reaches neutrality. A daily close above $80,000, followed by a weekly close above the same level, would represent a strong signal. Such a move would also return a large portion of BTC’s invested capital to profit.
Next Buying Opportunity Meanwhile, Ali Martinez said that the crypto asset could be heading toward another buying opportunity if its current market structure follows the pattern seen during the 2022-2023 bottom. The analyst stated that Bitcoin broke above a descending resistance trendline on Thursday, similar to the move seen in early 2023, which has brought back the May 2026 high near $83,000 into focus.
This level could lead to a retracement before Bitcoin makes another move higher. URPD data reveals a major resistance zone between $83,307 and $84,569, where nearly 975,000 BTC were previously acquired. This concentration of supply could make it difficult for Bitcoin to push through the zone on its first attempt.
You may also like: From Record Short Squeezes to Massive ETF Inflows: Everything Driving Bitcoin Right Now Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame? 1.4M ETH Gone From Exchanges Since June as BTC Moves in Reverse Additionally, on-chain trader profit margins have climbed to 25%, a level that has often been followed by increased profit-taking and short-term corrections over the past year. Whales also appear to be taking profits, with roughly $88 million in gains already realized.
If selling pressure increases, he identified $76,996 to $78,258 as a crucial support range, where 843,000 BTC were previously traded. A break below that zone could shift attention to the next major demand area around $63,111, where roughly 925,000 BTC were traded.
Martinez said a pullback toward these support levels could present another opportunity before Bitcoin pushes towards $100,000.
Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems.
Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not be serviced before.
The pitch is simple: anime, manga, games, and other Japanese content have a massive global following, but the payment rails supporting that content haven’t kept pace.
Aurora aims to close that gap by letting international customers pay in Bitcoin over the Lightning Network, while giving Japanese merchants a simple point-of-sale and API layer to manage invoicing, payment tracking, and integrations.
According to JBI, the market for Japanese anime content outside Japan reached ¥2.17 trillion in 2024, up 26% year-over-year — yet many overseas fans still struggle to pay for streaming subscriptions, digital merchandise and limited-access drops due to geographic payment restrictions.
The platform’s core design principle is that JBI never touches the money. Each merchant runs its own self-custodial Lightning node, receiving Bitcoin directly from customers.
JBI says this setup gives businesses cleaner regulatory footing, since the company isn’t acting as a custodian, while still handling the harder operational lift — node uptime, liquidity, accounting and auditing, and conversion to fiat — that has historically kept enterprises from adopting Bitcoin payments on their own.
JBI says aurora draws on lessons from its existing consumer business, UseBitcoin.jp, which has let customers buy digital gift cards — including au PAY, V-Preca and Kyash cards — using Lightning payments for the past two years.
The company is inviting media, prospective merchants and wallet providers to connect with the team at Bitcoin Asia 2026 in Hong Kong.
Mathew Di Salvo
Mathew is a reporter who's covered the space since 2019, reporting on everything from Salvadoran president Nayib Bukele's Bitcoin bet to crypto exchange FTX's bankruptcy.
Japan Bitcoin Industry Co., Ltd. (JBI) has introduced Aurora, a new self-custodial Bitcoin payments platform designed to help Japanese content producers reach fans around the world, especially those unable to access traditional payment services.
Bitcoin Asia debut for AuroraJBI formally announced the launch of Aurora during the Bitcoin Asia conference held in Hong Kong this week. The platform targets international fans of Japanese anime, manga, and games, aiming to address payment challenges that have limited access to Japanese digital content.
Demand for Japanese content continues to grow worldwide, but many international consumers still encounter obstacles when trying to purchase subscriptions, exclusive drops, and merchandise due to restrictions and complexity in cross-border payments.
How Aurora worksAurora enables customers outside Japan to pay with Bitcoin through the Lightning Network, an off-chain scaling solution allowing fast and low-cost transactions. Japanese merchants can use Aurora’s point-of-sale interface or integrate its API for handling invoicing, payment tracking, and platform integration.
Mini dictionary: Lightning Network — A payment protocol layered on top of Bitcoin, the Lightning Network enables near-instant transactions and lowers fees by conducting most transactions off-chain before settling on the main Bitcoin blockchain.
JBI emphasized that Aurora’s design ensures the company itself never holds client funds. Merchants run their own self-custodial Bitcoin Lightning nodes, receiving payments directly from overseas customers.
JBI stated that this self-custodial approach gives businesses direct control of assets and reduces regulatory risk. The company said it will handle technical operations like maintaining node uptime, managing liquidity, and supporting accounting and audits, which have previously been barriers to enterprise Bitcoin adoption.
Aurora’s self-custody structure means merchants receive Bitcoin directly, while JBI oversees technical and operational aspects like node management, liquidity, and fiat conversion.
Sector growth and market potentialAccording to JBI, the global market for Japanese anime content outside Japan grew 26% year-over-year, reaching ¥2.17 trillion in 2024. Many fans, however, remain unable to access content or collectibles due to payment system limitations.
YearMarket Value (¥ Trillion)Year-over-Year Growth (%)20231.72–20242.1726%JBI noted that Aurora is built on insights gained from the company’s UseBitcoin.jp platform, which has provided Lightning-based payments for digital gift card purchases since 2024. These cards include popular options such as au PAY, V-Preca, and Kyash.
Mini dictionary: Japan Bitcoin Industry Co., Ltd. (JBI) — A Japanese company specializing in Bitcoin payment solutions for businesses and consumers. JBI aims to facilitate crypto adoption by providing regulatory compliant and user-friendly platforms.
With Aurora, international fans can buy Japanese digital products directly with Bitcoin, while merchants retain full control of their funds throughout the process.
Industry outreach and future plansJBI is inviting media, merchants, and wallet providers to engage with its team at Bitcoin Asia 2026 in Hong Kong to explore the platform’s capabilities and potential collaborations.
By creating a pathway for smoother international payments, the company seeks to increase the accessibility of Japanese content worldwide for a growing base of global fans.
Anime and manga producers, digital merchandise sellers, and overseas fans stand to benefit from the expanded reach and simplified payment experience that Aurora offers through Bitcoin and the Lightning Network.
Japan Bitcoin Industry (JBI) has unveiled Aurora, a $BTC payment platform aimed at helping Japanese content creators and merchants sell to international audiences, without the friction of traditional cross-border payment systems. The platform was introduced at Bitcoin Asia 2026 in Hong Kong.
Targeting Anime, Manga, and GamingAurora is designed specifically for Japanese merchants selling anime, manga, video games, and other digital content overseas. JBI says conventional payment infrastructure has long left international fans underserved, creating a gap between global demand and the ability of Japanese sellers to capture it.
That gap is growing. Aurora positions itself as a direct solution for merchants looking to convert that international interest into sales.
Self-Custodial Lightning PaymentsPayments on Aurora run through the Bitcoin Lightning Network, a layer-two protocol that settles transactions off-chain, enabling faster processing and significantly lower fees than on-chain Bitcoin transfers.
Each merchant on Aurora operates its own self-custodial Lightning node, meaning JBI handles operational tasks but never takes custody of merchant funds. Buyers transact directly with the seller's node, keeping control of funds on the merchant side throughout.
The platform includes a point-of-sale system and an API, allowing merchants to manage invoices, track payment status, and integrate Aurora into their existing technology stack. JBI invited potential merchants, media, and wallet providers to connect with its team during the Hong Kong conference.
The launch adds to a broader push toward Bitcoin adoption in Japan, where Lightning Network use among exchanges and enterprises has been expanding in recent years.
SourcesJapan Bitcoin Industry (JBI) Official Site
Variety: Japan's Anime Market Hits Record $25 Billion
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TLDR: StarkWare’s Avihu Levy completed Bitcoin’s first confirmed quantum-safe transaction on mainnet. QSB adds a hash-based lock to Bitcoin without requiring any soft fork or consensus change. Signature grinding lets QSB work without a private key, costing $75 to $150 per transaction. Starknet already runs post-quantum accounts, ahead of StarkWare’s full three-phase quantum roadmap. StarkWare researcher Avihu Levy has executed the first quantum-safe Bitcoin transaction on the network’s mainnet, confirmed on August 26, 2026.
The method, called Quantum-Safe Bitcoin or QSB, needed no soft fork or change to Bitcoin’s consensus rules. StarkWare engineer Tomer Giladi helped carry the project to a working mainnet result, with MARA Slipstream supplying the mining path.
Avihu Levy’s QSB Method Explained Levy built QSB on his own time, after years of work inside the Bitcoin ecosystem, and published the research in April 2026.
Bitcoin’s existing signatures depend on elliptic curve cryptography, a system Shor’s algorithm could eventually break using a sufficiently powerful quantum computer. Once that happens, any exposed public key becomes a private key waiting to be recovered.
Most Bitcoin addresses hide their public key behind a hash until the owner spends from that address. The signature then reveals the key, and the transaction sits exposed in the mempool until a miner confirms it. A quantum adversary could use that window to read the key and spend the coins first.
Speaking on the project, StarkWare CEO Eli Ben-Sasson said Levy He framed the achievement as proof that quantum protection does not require waiting on a network upgrade.
QSB closes the exposure gap by adding a second lock built on hash functions instead of elliptic curves. Shor’s algorithm cannot break hash functions, and the only known quantum shortcut merely speeds up brute-force guessing.
Levy’s method relies on signature grinding, a technique that produces a valid Bitcoin signature without requiring a private key.
Why the Mainnet Transaction Matters The sender spends computational effort off-chain searching for a transaction hash that also qualifies as a properly formatted signature.
That search currently costs between $75 and $150 in GPU computation. The approach draws heavily on Binohash, a technique developed by BitVM creator Robin Linus.
QSB transactions use nonstandard formats, so they cannot travel through Bitcoin’s ordinary mempool today. Senders need a direct path to a cooperating miner, which is why MARA Slipstream took part in the transaction. The method only protects addresses whose public key has not already been published before broadcast.
QSB does not change Bitcoin’s protocol, and the network itself remains untouched after the transaction. Ben-Sasson added that he still expects Bitcoin to pursue a soft fork eventually, noting He said the mainnet result reassures holders while that process plays out.
StarkWer’s own technology, built on ZK-STARKs, already rests on hash-based assumptions rather than elliptic curves.
Starknet’s native account abstraction lets accounts switch signature schemes without a network-wide protocol change, and post-quantum accounts are already active on Starknet mainnet.
Kripto piyasasındaki yükseliş daha riskli bölgelere taşındı. Kedi ve köpek temalı meme coinler haftalık bazda %130’a varan kazançlar elde ederken Cash Cat son 24 saatte %51 yükseldi.
Bitcoin ve büyük kripto paralarla başlayan yükseliş, şimdi piyasanın daha spekülatif bölümüne yayılıyor. Özellikle düşük piyasa değerine sahip kedi ve köpek temalı meme coinlerde sert hareketler görülüyor.
Robinhood ekosistemindeki Cash Cat, son 24 saatte yaklaşık %51 yükselerek 0,218 dolara çıktı. Tokenın haftalık kazancı ise %113’e ulaştı. Son 30 gündeki yükseliş %345’i bulurken piyasa değeri yaklaşık 215 milyon dolara çıktı.
Hangi Meme Coinler Bu Hafta En Çok Yükseldi? Ralli yalnızca Cash Cat ile sınırlı kalmadı. Kedi temalı meme coinlerde de güçlü hareketler görüldü.
Thinking Cat son yedi günde %131 yükseldi. Purr %93, Popcat %54 ve cat in a dogs world (MEW) %49 değer kazandı.
Köpek temalı tokenlarda da benzer tablo ortaya çıktı. Dog (Bitcoin) yaklaşık iki katına yaklaşırken dogwifhat %64, Bonk %47 ve Floki %40 yükseldi.
Piyasanın en büyük meme coinleri de yükselişe katıldı. Dogecoin son yedi günde yaklaşık %32, Shiba Inu ise %30 değer kazandı. Token yaklaşık 0,00000547 dolardan işlem görürken piyasa değeri 3,2 milyar doları aştı.
Bu hareket, yatırımcıların yalnızca büyük kripto paralara değil, piyasa değeri daha düşük ve likiditesi daha sınırlı tokenlara da yönelmeye başladığını gösteriyor.
Cash Cat Neden Bu Kadar Hızlı Yükseldi? Cash Cat’in hareketi, düşük likiditenin fiyat üzerindeki etkisini açık biçimde gösteriyor.
Token son 24 saatte yaklaşık 80 milyon dolarlık işlem hacmine ulaştı. Piyasa değeri ise yaklaşık 215 milyon dolar seviyesinde. Bu, tokenın büyüklüğüne kıyasla oldukça yüksek bir işlem trafiğine işaret ediyor.
Böyle piyasalarda alıcıların artması fiyatı çok daha hızlı yukarı taşıyabiliyor. Ancak aynı mekanizma ters yönde de çalışıyor.
Likidite derinliği düşük olduğunda satışlar da sertleşebiliyor. Yani son yükseliş yalnızca fırsat anlamına gelmiyor; yüksek oynaklık riskini de beraberinde getiriyor.
Meme Coin Rallisi Piyasadaki İştahı mı Gösteriyor? Meme coinlerdeki hareketin daha geniş bir anlamı da var. Yatırımcılar büyük kripto paralardan daha küçük ve yüksek riskli tokenlara geçtikçe piyasanın risk alma iştahı da artıyor.
Meme coinler geleneksel bir işletme veya düzenli nakit akışından çok internet kültürü ve topluluk ilgisiyle değer kazanıyor. Bu nedenle piyasa duyarlılığı değiştiğinde fiyatları diğer birçok varlıktan çok daha sert hareket edebiliyor.
Cash Cat, Thinking Cat ve Dog (Bitcoin) gibi tokenların aynı dönemde güçlü yükselmesi, rallinin piyasa değeri daha küçük varlıklara doğru genişlediğini gösteriyor.
Ancak burada önemli bir ayrım var: Düşük likidite yükselişi büyüttüğü gibi düşüşü de büyütebilir. Alıcılar çekildiğinde fiyatlar çok daha hızlı gerileyebilir.
Kripto Piyasasında Korku ve Açgözlülük Endeksi Ne Söylüyor? Meme coin hareketliliğine piyasa duyarlılığındaki hızlı değişim de eşlik ediyor.
Crypto Fear & Greed Index yaklaşık 75 seviyesine çıktı. Gösterge yalnızca bir hafta önce 30 civarındaydı. Böylece endeks, Ekim 2025’in başından bu yana en yüksek seviyesine ulaştı.
Geçmişte endeksin 70’li seviyelere yükselmesinin ardından 10 Ekim’deki sert kaldıraç çözülmesi yaşanmıştı. Ancak bu karşılaştırma tek başına yeni bir düşüşün geleceği anlamına gelmiyor. Endeks mevcut piyasa duyarlılığını ölçüyor; gelecekte yaşanacak bir çöküşü öngören bir gösterge değil.
Bugünkü tablo daha çok risk iştahının hızla arttığını gösteriyor. Meme coinlerdeki sert yükseliş de bu iştahın piyasanın daha spekülatif tarafına kadar yayıldığının işareti.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Arthur Hayes, closely followed for his statements and predictions in the cryptocurrency market, made noteworthy assessments for Bitcoin and Ethereum, as well as Ethereum (ENA) and Ether.fi (ETHFI). Hayes argued that a new bull market has begun and stated that Maelstrom is taking maximum risk on all four assets.
Arthur Hayes, who stated that he expects a major rise in cryptocurrencies, argues that Bitcoin is poised for a parabolic increase.
In a recent interview on the Altcoin Daily YouTube channel, Hayes claimed that Bitcoin is likely to soon experience a full parabolic rise, and therefore now is the right time to hold the asset.
Hayes added that Bitcoin would quickly reach “hundreds of thousands of dollars” and that anyone worried about the Fed’s control over bond yields should own Bitcoin now.
Highlighting ENA! Hayes, who stated that he is optimistic about altcoins as well as Bitcoin, noted that base trading, which profits from the price difference between spot and futures markets, is beginning to revive, and said that this is a positive signal for the crypto market.
However, Hayes noted that interest rates are still too low.
Hayes stated that the reactivation of base trading could be particularly positive for Ethereum (ENA) and that ENA still holds significant upside potential.
In his latest blog post, Hayes stated that the Maelstrom fund is also in maximum risk mode and shared the altcoins in their portfolio.
“Bitcoin, Ethereum, Ethena and Ether.fi”
FLOP is an Important Part of a Blog Post! Hayes also dedicates a significant portion of his latest blog post to his new project, Flop Network.
They state that there is no pre-sale for FLOP, the token cannot be purchased, and useful activities on the testnet are required for the airdrop.
“…I repeat: there is no pre-sale. You cannot buy FLOP. Only those who participate in beneficial ways are eligible. Stay tuned for more information about the airdrop…”
Therefore, FLOP should not yet be considered an existing market position like ENA or ETHFI. Hayes positions it more as a new project to be established at the beginning of a new bull market.
*This is not investment advice.
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Jeopolitik gerilimlerin yeniden tırmanması küresel piyasalarda dalgalanmayı artırırken Bitcoin güçlü duruşunu korumaya devam ediyor. ABD ile İran arasındaki gerilimin yeniden gündeme gelmesi petrol fiyatlarını yukarı taşırken hisse senedi piyasalarında satış baskısını artırdı. Buna karşın BTC, 77.800 dolar civarında yatay seyrederek diğer riskli varlıklara kıyasla dirençli bir görünüm sergiliyor. Bitcoin’in Ağustos ayındaki yaklaşık yüzde 23’lük yükselişi de dikkat çekiyor. BTC bu performansıyla aynı dönemde yüzde 9 yükselen altın ve yüzde 4 değer kazanan Nasdaq’ı geride bırakmış durumda.
Petrol Fiyatları Yükselirken Bitcoin Direncini Korudu ABD’nin İran’a yönelik saldırısının ardından küresel piyasalarda jeopolitik risk algısı güçlenirken petrol fiyatlarında da sert hareketlilik yaşandı. WTI ham petrol vadeli işlemleri yaklaşık yüzde 2 yükselerek 85,10 dolara ulaşırken Brent petrol yüzde 1,9 artışla 92,39 dolara çıktı. Petrol piyasasında arz endişeleri öne çıkarken, hisse senedi piyasalarında satış baskısı görüldü. Buna karşın Bitcoin gece yarısından bu yana büyük ölçüde değişmeden 77.800 dolar civarında işlem görerek jeopolitik baskılara karşı dirençli bir görünüm sergiledi.
İlginizi Çekebilir: Hyperliquid’de Hacim Şoku: Yükseliş Devam Edecek mi?
Bitcoin bu ay gösterdiği performansla diğer önemli varlıkların önüne geçmeyi başardı. BTC yaklaşık yüzde 23 değer kazanırken altın yüzde 9, Nasdaq ise yüzde 4 yükseldi. Aynı dönemde XRP yüzde 0,8, Solana ise yüzde 0,6 geriledi. Bitcoin’deki güçlü görünümde spot Bitcoin ETF’lerine yönelik sermaye girişlerinin yanı sıra yatırımcıların para politikasına ilişkin beklentileri de etkili olabilir. Piyasadaki kurumsal ilginin devam etmesi, BTC’nin yükseliş performansını destekleyen önemli unsurlardan biri olarak öne çıkıyor.
Fed Kararı Bitcoin İçin Kritik Hale Geldi Fed Başkanı Kevin Warsh’ın Jackson Hole Sempozyumu’nda yaptığı şahin açıklamalar, piyasalarda Eylül ayında faiz artışı ihtimaline ilişkin beklentilerin yeniden güçlenmesine yol açtı. MUFG FX stratejisti Lloyd Chan, piyasaların Eylül faiz artışına yaklaşık yüzde 58 ihtimal verdiğini belirtti. Faiz beklentilerindeki bu değişim, dolar ve tahvil piyasalarının yanı sıra Bitcoin gibi riskli varlıkların seyri açısından da önem taşıyor. Fed’in para politikası mesajları, BTC’nin önümüzdeki dönemdeki yönü üzerinde belirleyici olabilir.
Giottus CEO’su Vikram Subbaraj, yatırımcıların yüksek makro belirsizlik döneminde agresif kaldıraçtan kaçınması gerektiğini söyledi. Subbaraj’a göre Bitcoin yaklaşık 77 bin dolarda destek bulurken 79.400-80.800 dolar aralığı ana direnç bölgesi olarak öne çıkıyor. Özellikle 4 Eylül’de açıklanacak ABD istihdam verileri Bitcoin’in kısa vadeli yönü açısından yakından izlenecek.
Değerlendirme Bitcoin, jeopolitik risklerin küresel piyasalarda baskı oluşturduğu süreçte güçlü görünümünü korumayı sürdürüyor. BTC’nin 77 bin dolar üzerindeki hareketi yatırımcılar açısından önem taşırken, gözler 79.400 ile 80.800 dolar arasındaki direnç bölgesine çevrilmiş durumda. Bitcoin’in bu bölgeyi aşması yükseliş beklentilerini güçlendirebilir. Öte yandan Fed’in faiz politikası, ABD istihdam verileri ve devam eden jeopolitik gelişmeler, Bitcoin fiyatının önümüzdeki dönemdeki yönünü belirleyebilecek temel faktörler arasında yer alıyor.
Son dakika kripto para haberleri için hemen tıkla.
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The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
4 minutes ago
Nearly $80 million in Bitcoin buy orders were front-run, while a new address plans to go long near $75,000.
According to monitoring by TradingBeats (formerly Hyperinsight), a recently created address placed 30 non-position-reducing limit buy orders for BTC at 14:22 today, with prices ranging from $75,000 to $76,000. The total planned purchase volume is 1,046.7831 BTC, translating to a nominal value of approximately $79.032 million based on the order prices. The address currently holds no open positions; all 30 orders are identical in size at 34.892 BTC each, with each order valued between roughly $2.62 million and $2.65 million. BTC is currently trading at $78,689.4, meaning these buy orders are priced 3.42% to 4.69% below the current market rate. It is learned that this address was activated four days ago, receiving around $5.1 million in funds, after which it executed four short positions that yielded a profit of $330,000. If the orders are filled, this will mark the address’s first long position. On-chain perpetual and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, enabling in-depth analysis from address tracing to whale operations, with comprehensive insights available at a glance.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
The Trump administration has frequently intervened in financial markets, and the European Central Bank (ECB) fears this "claw" could extend to the Federal Reserve.
ECB officials have recently grown increasingly concerned over the US government’s frequent interventions in foreign exchange and Treasury markets. Sources familiar with the matter said that during last week’s Jackson Hole Symposium, Federal Reserve officials proactively reached out to reassure their European counterparts, committing to upholding existing international cooperation arrangements. However, given the Fed’s institutional independence from the US administration, Fed officials cannot guarantee that the Trump administration will not abruptly reverse course. European officials are particularly focused on recent financial market operations by the US Treasury. On August 1, the US Treasury intervened in FX markets by selling euros and buying yen, and European sides expressed dissatisfaction over the US failure to provide advance notice of such operations as is customary. Additionally, US Treasury Secretary Bessent’s recent expansion of long-term Treasury repurchase operations has also sparked European officials’ concerns over the growing blurring of lines between fiscal, exchange rate and monetary policies. European officials further warned that if the US administration continues to deploy financial tools for economic and trade goals, markets could start questioning the Fed’s policy independence and the stability of the US dollar swap lines. There are also worries that the US government may further pressure the Fed to directly intervene in Treasury markets in the future. No signs have emerged that the dollar swap arrangements will change. New Fed Chair Kevin Warsh has recently stepped up communication with European policymakers, and his performance in international financial cooperation has drawn relatively positive feedback from European officials.
4 minutes ago
China’s Ministry of Industry and Information Technology (MIIT) supports the rollout of AI applications: FDE on-site presence, token purchases, and computing power voucher issuances.
Beating AI Express (Insight): China’s Ministry of Industry and Information Technology (MIIT) has launched a special initiative to cultivate AI application service providers. Local governments are encouraged to leverage measures such as first-purchase and first-use policies, and risk compensation to boost procurement of large models, intelligent agents, and Token services, while using tools like "computing power vouchers" to cut computing costs. The MIIT will also build a national resource pool for AI application service providers, targeting over 2,000 such providers by the end of 2026 and no fewer than 3,000 by the end of 2027. These providers mainly assist enterprises in rolling out AI projects, with services covering pre-consultation, solution design, system development, integration and delivery, as well as post-launch operation and maintenance and security governance. The policy also specifically highlights FDE (Field Deployment Engineers), encouraging service providers to form FDE teams to work directly at user sites to resolve project implementation challenges. Local authorities will also open real business scenarios, organize supply-demand matching, and convert high-frequency, essential business needs into standardized AI products that can be delivered repeatedly.
4 minutes ago
Bybit launches PONS perpetual contracts today.
Bybit today adds the new Pons (PONSUSDT) perpetual contract, supporting up to 20x leverage.
4 minutes ago
OpenAI rolls out results-based pricing: Some major clients only pay when the AI delivers actual results.
Beating AI News reports that OpenAI has in recent months introduced a new payment model to some of its large enterprise clients: customers only pay once AI has fully completed their tasks. The Information notes that use cases already implemented include customer service. Businesses can pay based on the actual customer service tasks AI completes, rather than being billed solely by tokens, API calls, or seat counts. OpenAI has not disclosed specific client names, pricing details, or the criteria for defining "task completion," and declined to comment on the matter. This is not a new package OpenAI is rolling out for all enterprises; the official public pricing for its Enterprise plan remains primarily based on usage quotas and tokens, so this "pay-per-result" model appears to be custom contracts negotiated exclusively with select large clients. OpenAI has long signaled this direction: in January this year, CFO Sarah Friar stated that AI business models would shift toward pay-per-result in the future, and in July, OpenAI further noted that rather than focusing on token unit prices, the industry should prioritize the total cost for AI to complete a task. This approach has now been incorporated into actual contracts.
Prediction market platform Polymarket suffered a major outage on August 31. Its official status page shows that the Trading API (CLOB) encountered "open order read response delays" starting around 6:30 UTC, resulting in a full suspension of trading. The platform’s website remains accessible and market data can be viewed, but users cannot place orders. The team is working on repairs, with a target to restore trading by 10:00 UTC at the latest. Ahead of the recovery, Polymarket will enter a 15-minute mode allowing only order cancellations. All other systems—including the website, data, and authentication services—are operating normally.
4 minutes ago
Arthur Hayes: The market may be refocusing on the "forgotten" Ethereum.
Arthur Hayes has recently expressed a bullish outlook on Ethereum’s future. He noted that ETH was previously heavily sold off by the market, but has recently shown signs of strengthening relative to Bitcoin (BTC), which may signal the market is refocusing on this asset. Hayes believes that ETH’s strength relative to BTC could be a key indicator of a shift in market sentiment, and the trading logic around the "forgotten Ethereum" may be regaining market attention.
The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback. Official Trump also emerges as a top performer with double-digit gains, testing the bullish breakout of its 200-day EMA at $2.725.
CoinMarketCap’s Fear and Greed Index at 83 on Friday indicates a firm bullish sentiment in the crypto market.
Fear and Greed Index. Source: CoinMarketCapCoinGlass data shows that Bitcoin options Open Interest (OI) on Deribit stands at around $6.16 billion for Friday's expiry, driven by $948,950 in Puts and $262.49 million in Calls. The large difference between the actual values of Call and Put contracts and their notional values reflects the highly leveraged options market.
The max pain – the strike price with the largest volume of contracts – is at $70,000, with $2.42 billion in notional value, driven by $11.31 million in Puts and $206.33 million in Calls set to expire.
BTC options expiry data. Source: CoinGlassBitcoin trades at $80,403 on Friday, maintaining a clear bullish bias as the price holds well above both the 50-day and 200-day Exponential Moving Averages, near $68,732 and $73,191, respectively.
Momentum remains overheated, with the Relative Strength Index (RSI) hovering deep in overbought territory around 82 and the Moving Average Convergence Divergence (MACD) still positive but losing altitude, suggesting that upside momentum could be slowing.
The immediate resistance for Bitcoin aligns with the March 13 swing high near $82,850. A confirmed breakout above this level could target the 127.2% Fibonacci extension level at $89,663, measured over the downswing from $82,850 to $57,800.
BTC/USDT daily price chart.On the downside, the crucial support for Bitcoin aligns with the 78.6% Fibonacci retracement level at $77,489, followed by the 200-day EMA at $73,191.
Ethena rallies on early investors, revenue buybackEthena Foundation bought back locked ENA tokens from major seed investors, absorbing the supply pressure triggered by October 10 market-wide liquidations. Ethena also proposed allocating 95% of net revenue for ENA token buybacks after USDe reaches the first $7.5 billion supply milestone, as previously reported by FXStreet.
Ethena is up 9% on Friday, extending its 15% gain from the previous day. The DeFi token maintains a constructive bullish bias as the price sustains well above both 50-day and 200-day EMAs at $0.1068 and $0.1278, respectively.
The three consecutive days of recovery reflect a bounce back from the 50% retracement level at $0.1356 to the 78.6% retracement level at $0.1982, measured over the downswing from $0.2633 to $0.0699. A confirmed breakout above $0.1982 could target the previous swing high at $0.2633.
Momentum remains strong, with the MACD and signal line rising, and the RSI at 81 suggests overbought conditions that could slow the advance.
ENA/USDT daily price chart.On the downside, initial support appears at the 50% retracement at $0.1356, reinforced by the 200-day EMA at $0.1278.
Official Trump tests 200-day EMA breakoutTRUMP trades at $2.7630 on Friday, keeping a bullish near‑term tone above both the 50‑day EMA at $1.7996 and the 200‑day EMA at $2.7067. The pair has also reclaimed the 50% retracement from $4.4970 to $1.365 at the $2.4775 level, reinforcing the constructive structure.
The MACD and signal line are steadily rising in the positive territory, while the RSI sits in overbought territory near 73, hinting that the latest rally could be vulnerable to bouts of profit‑taking.
A confirmed breakout of the 200-day EMA at $2.7067 could extend the TRUMP rally toward the 78.6% Fibonacci retracement level at $3.4843.
TRUMP/USDT daily price chart.On the downside, immediate support is seen at the 50% retracement at $2.4775. A deeper pullback would expose the 23.6% retracement at $1.8085, reinforced by the 50‑day EMA near $1.7996.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
According to monitoring by Lookonchain, trader 0x12C2 recently opened a long position of 50 Bitcoin on Aster DEX, valued at roughly $3.99 million. The position has since generated an unrealized profit of $658,000, with a return rate of 825%.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Claude's paid usage tiers are criticized for deceptive wording: The $200 "20x" plan only grants 5 hours of access, with its weekly quota being three times that of the $100 tier.
According to Dongcha Beating AI Express, the quota issue with Anthropic’s Claude Max has reignited controversy on social media. The $100 Max 5x and $200 Max 20x are easily misinterpreted by their names as meaning the latter offers four times the quota of the former. However, Anthropic’s official documentation specifies that the “5x” and “20x” refer to usage limits per 5-hour windows. All paid plans also include weekly quotas, but Anthropic has not disclosed how these compare to the Pro plan’s weekly limit—a major source of user frustration. A recent reverse calculation by a Reddit user found that during the current temporary bonus period, Max 20x’s total weekly quota is only approximately 2.25 times that of Max 5x. Anthropic has even faced legal action over this. A proposed class-action lawsuit filed in June alleges that Max 20x’s actual total usage is just 6 to 8 times that of the Pro plan, while Max 5x is around 3.5 times. Under this framework, the weekly usage gap between the two tiers is also only about twice. The case remains ongoing, and the court has not yet ruled that Anthropic engaged in false advertising.
9 minutes ago
Binance will support cash dividend distributions for Qualcomm, PayPal, and Alphabet via bStocks.
According to an official announcement, Binance will support cash dividend distributions for Qualcomm (QCOM), PayPal (PYPL), and Alphabet (GOOGL) holders via its bStocks product for QCOMB, PYPLB, and GOOGLB token holders. After deducting applicable withholding taxes, fees, costs, and other related expenses, net dividends will be reinvested into the corresponding underlying securities, with users receiving dividends in the form of QCOMB, PYPLB, and GOOGLB bStocks respectively. Eligibility snapshots: QCOMB holders must hold relevant assets at 00:00 UTC on September 3, 2026; PYPLB and GOOGLB holders must hold their assets at 00:00 UTC on September 4, 2026. Spot trading for all three tokens remains unaffected, but QCOMB will suspend token conversions, deposits, and withdrawals at 23:30 UTC on September 2. PYPLB and GOOGLB will suspend their respective related services at 23:30 UTC on September 3, with services resuming after dividend distribution is completed.
9 minutes ago
Metaplanet has deposited 2,400 BTC, valued at approximately $186 million, into Coinbase Prime over the past three hours.
According to monitoring by on-chain analytics platform Lookonchain, Metaplanet has deposited 2,400 BTC (valued at approximately $186 million) into Coinbase Prime over the past three hours. Earlier, the company purchased 43,000 BTC at an average price of $96,191 per coin, with the total value of the holdings reaching around $3.48 billion.
9 minutes ago
Microduck surged more than 40% before quickly pulling back, now trading at $0.0145.
According to GMGN market data, the meme token microduck on the Robinhood Chain saw a rapid rally at midday. Its price surged from around $0.013 to a high of approximately $0.0188 in a short period, with its stage gain once exceeding 40% and its peak market cap reaching nearly $19 million. The price then quickly pulled back, currently trading at around $0.0145, with its market cap falling to roughly $14.55 million, a retracement of about 23% from the high.
9 minutes ago
PONS's market cap briefly rebounded to cross $350 million, trading at $0.352 at press time.
According to GMGN market data, PONS' market capitalization has briefly rebounded to surpass $350 million, with its current price standing at $0.352.
9 minutes ago
Fireblocks Custody moved 30 million USD1 tokens to Binance over the past 15 hours.
According to monitoring by Onchain Lens, Fireblocks Custody transferred 30 million USD1 tokens to Binance again over the past 15 hours. Note: USD1 is a stablecoin backed by a Trump-associated project.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Eric Trump says American Bitcoin (ABTC) mines between 11 and 13 BTC daily at close to 49% gross margins, running nearly 90,000 miners. The company’s own quarterly filings largely support those figures.
Speaking on the Wolf Financial podcast, the co-founder and president’s son framed the output as proof of one of the sector’s most efficient mining operations, months after a public dispute over the firm’s true production costs.
Numbers Track With Recent FilingsAmerican Bitcoin was founded in 2025 by Eric Trump and Donald Trump Jr. The venture merged with Gryphon Digital Mining to list on the Nasdaq under the ticker ABTC in September 2025. Hut 8 Corp, which backed the venture, remains the majority owner.
The company’s treasury has grown to about 8,300 BTC as of late August, according to Trump. That is up from roughly 5,401 BTC at the end of 2025, continuing an accumulation strategy that has drawn comparisons to Strategy.
It mined a record 932 BTC in the second quarter of 2026, its highest output yet. Gross margins that quarter landed near 49%, matching the figure Trump cited.
Bitcoin (BTC) traded near $77,696 as of writing, up 0.49% over 24 hours. That gives the reserve a paper value above $600 million.
A Disputed Cost BasisThe margin claim follows a spring dispute over the firm’s true production costs. Forbes alleged American Bitcoin’s all-in cost ran closer to $90,000 per coin, above the roughly $57,000 figure Trump has repeated. Trump rejected the report as politically motivated.
Neither side has published a fully reconciled cost breakdown since. American Bitcoin markets its no-sale treasury policy as proof that mining bitcoin is cheaper than buying it outright. That claim hinges on which cost figure holds up.
Michael Saylor fueled speculation on Sunday that Strategy Inc. (NASDAQ:MSTR) could resume its Bitcoin (CRYPTO: BTC) purchases following a pause of more than two months.
Saylor Sparks IntrigueSaylor posted the company’s accumulation chart on X, using orange circles or “dots” to highlight the firm’s Bitcoin purchases.
“We’re ₿ack,” he wrote.
In many cases, these weekend posts preceded purchase disclosures on the following Monday. But a lot has changed in the past few months.
Will Strategy Start Buying BTC Again?Strategy, the world’s largest corporate Bitcoin holder, has paused its BTC purchases, with the last reported acquisition on June 22.
The company shifted focus to capital raising, strengthening cash reserves and managing its balance sheet. It also began selling its Bitcoin, undermining the "never sell" thesis that bullish investors had relied on.
Read Next
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.
Read Next
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.)
