Ethereum developers are pushing forward with EIP-8141, a proposed transaction model designed to expand the network’s scalability. EIP-8141, which is currently being tested on a public testnet, separates transaction actions from dependencies, aiming to facilitate substantial parallel processing before the 2027 Hegotá hard fork.
Frame Transactions introduce new architectureThe EIP-8141 proposal, also known as Frame Transactions, restructures how Ethereum transactions are processed. Instead of bundling all aspects into a single element, it distinguishes between actions—such as sending ETH—and dependencies, including signatures, Merkle proofs, or zero-knowledge proofs that must be validated before the action occurs.
This separation allows for concurrent processing of dependencies, theoretically enabling Ethereum to process transactions more efficiently and in greater numbers. Developers highlight that pure dependencies could be handled at the mempool level, which would allow for the use of advanced cryptographic verification like STARK proofs. This change could reduce redundant computations, lowering the burden on the network.
The approach draws from ongoing research into account abstraction and is closely linked to discussions on technical subjects such as UTXOs, keyed nonces, new state formats, and recursive STARK mempools.
Mini dictionary: STARK proof, a type of zero-knowledge proof system that allows data to be verified with high security and scalability while minimizing disclosure of specific information.
One positive result of the recent in-depth discussions on transaction formats is that the community has now developed a more detailed understanding of how actions and dependencies can be processed more efficiently.
Vitalik Buterin highlights enhanced scalability potentialVitalik Buterin, co-founder of Ethereum, noted that separating actions from dependencies could improve the network’s flexibility for future scaling solutions. He said clear distinctions in transaction architecture allow each part of the transaction to be optimized individually.
Buterin also emphasized the complexity of Ethereum’s execution model. While dynamic state interactions make the network flexible, they can complicate efforts to increase parallel processing and overall efficiency.
With EIP-8141, transaction formats are expected to become more concise, relying mainly on predefined lists, flags, origins, and nonces. Such minimalism could facilitate interoperability between EVM-based networks with varying features, fostering compatibility and future-proofing transaction designs.
“The new structure introduces the possibility of atomic batching and sponsored gas, while keeping the door open for post-quantum security technologies,” Buterin explained. A public testnet with EIP-8141 has already launched, providing developers with an environment to refine and test the new model before the hard fork planned for 2027.
This initiative is part of the broader shift toward statically analyzable operations in Ethereum. By reducing gas costs, the network could favor transaction types that do not require intensive dynamic processing.
Despite the changes, Buterin explained that Ethereum would not lose its general-purpose capabilities. Instead, the proposed design will allow both users and developers to choose transaction types that best fit their computational needs. Looking ahead, developers are focused on fine-tuning EIP-8141 to align with Ethereum’s long-term objectives for network scalability and efficiency.
Ethereum remains a leading smart contract blockchain supporting a vast ecosystem of decentralized applications. The EIP-8141 initiative aims to pave the way for more advanced scaling as the network matures.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum co-founder Vitalik Buterin outlined a longer-term transaction model on Sept. 6 that could allow the network to process some validation work in parallel.
Summary
Buterin proposed separating transaction actions from dependencies so Ethereum can optimize each component independently later. Dependencies include signatures, state proofs and validity conditions that transactions must satisfy before execution begins. Pure dependencies could be checked once by mempools and later compressed into recursive STARK proofs. EIP-8141 proposes frame transactions with programmable validation, execution and gas payment inside one transaction format. Ethereum developers have not approved EIP-8141 for a mainnet upgrade or published deployment dates yet. His proposal separates the effects produced by transactions from the conditions that must be satisfied before those effects can occur.
Buterin described the two components as “actions” and “dependencies” in a detailed post. Actions change Ethereum’s state, such as transferring ETH or calling a contract. Dependencies cover the information required to establish that a transaction is valid.
A digital signature is one example of a dependency. Other examples include Merkle proofs showing that an unspent output exists, zero-knowledge proofs and state conditions that must remain true when a transaction enters a block.
Buterin argued that making this distinction explicit could help Ethereum scale without abandoning its flexible execution environment. However, the proposal remains part of continuing protocol research. Ethereum developers have not approved the full design for deployment.
One positive consequence of all the recent detailed thinking about transaction formats – not just 8141, also "future of state" discussions eg. UTXOs, PBT, keyed nonces, and also recursive STARK mempool – is that we have a much more explicit understanding of how transactions have…
— vitalik.eth (@VitalikButerin) September 5, 2026 Ethereum could process transaction dependencies in parallel Ethereum transactions currently combine authorization, fee payment and execution within a common processing flow. Nodes check whether a transaction is properly signed, whether the sender can pay for it and whether its instructions execute successfully.
Some of these checks do not depend on the transaction’s final state changes. Buterin said such dependencies could be processed separately and, in many cases, simultaneously.
For example, a validator may need to confirm a signature before accepting a transaction. That verification does not necessarily need to wait for unrelated signatures attached to other transactions. If multiple independent checks are known in advance, clients can distribute the work across available processing resources.
State-dependent checks require greater care. A condition tied to an account balance or storage slot may become invalid if an earlier transaction changes the same state. Buterin said mempools could reason about these conditions more effectively when transactions declare which parts of the state they access.
The approach would reward predictable transactions. Operations that specify their dependencies clearly could receive lower gas costs because clients could verify them more efficiently. Transactions requiring dynamic calls and unpredictable state access would remain possible but could cost more.
Buterin estimated that more than 90% of Ethereum activity by volume does not require the network’s full level of dynamic flexibility. That figure is his assessment rather than a published network measurement within the post. The broader argument is that common transfers and routine contract interactions could use more restrictive formats without limiting specialized applications.
The proposed model would preserve Ethereum’s flexible account system for transactions that need it. More predictable activity could use statically analyzable structures resembling parts of Bitcoin’s transaction model.
Bitcoin uses an unspent transaction output model in which a transaction identifies the outputs it intends to spend. Ethereum normally uses accounts with balances, nonces and programmable contract storage. Buterin is not proposing that Ethereum replace its account model with Bitcoin’s architecture. He described a spectrum combining ideas from both systems.
EIP-8141 provides a general transaction framework EIP-8141 is a draft Ethereum Improvement Proposal for a new transaction type known as a Frame Transaction. It divides a transaction into contract-call frames that can validate authority, approve gas payment and perform user operations.
The official proposal says transaction validity and fee payment would no longer depend solely on a standard signature attached to the outer transaction. Account code could instead define the necessary authorization and payment rules.
Frame Transactions could support sponsored fees, payments in tokens other than ETH, key rotation and transaction batching. They could also allow externally owned accounts to receive account-abstraction features without relying on the same contract deployment across every compatible network.
Under the proposed structure, verification frames would determine whether the sender authorized the transaction. Separate frames could establish who pays the fees and then execute the requested operations.
This structure aligns with Buterin’s division between dependencies and actions. Verification frames handle conditions that must be satisfied. Sender frames handle the operations that alter state.
The format could also improve interoperability between Ethereum Virtual Machine networks. Different chains could support the same minimal transaction structure while applying their own verification tools, precompiles or account features.
Buterin described the potential format as a basic list of calls with flags identifying their function. A call could be marked as a pure dependency, a state-dependent verification or an action. The transaction would also contain standard information such as its origin and nonce.
EIP-8141 remains classified as a draft Core proposal. Its current specification includes detailed rules for mempool admission, frame execution, receipts, signatures, gas accounting and transaction propagation. Those details can change during review.
Ethereum developers have also debated technical concerns. These include denial-of-service risks, transaction replacement rules, tooling changes, pending-transaction limits and restrictions placed on verification frames.
One discussion noted that the proposed public mempool would normally keep only one pending Frame Transaction for each sender. Developers have questioned how that rule would affect accounts that regularly submit several transactions within one block.
Other participants have examined whether the format introduces additional complexity for wallets, block builders and Ethereum’s remote procedure call interfaces. These questions must be resolved before client teams can implement a stable specification.
Recursive STARKs could remove repeated verification Buterin’s longer-term model goes beyond EIP-8141. He suggested that dependencies requiring no state access could be checked once at the mempool layer instead of being repeated by every validator.
A pure dependency might include a cryptographic signature or proof whose validity does not change with Ethereum’s state. After checking it, the network could replace multiple pieces of verification work with a recursive STARK confirming that all checks were completed correctly.
A STARK is a cryptographic proof that allows one party to demonstrate that a computation was performed correctly. Recursive proofs can verify other proofs, making it possible to combine many checks into a smaller verification task.
The proposed mempool could aggregate transaction signatures, validity proofs and other dependencies before block execution. Validators would then verify the aggregated proof instead of independently repeating each original computation.
Buterin suggested that this approach might also reduce the amount of verification data placed on-chain. If the recursive proof establishes that all dependencies were valid, some of the original data could potentially be omitted.
That outcome is not part of the current EIP-8141 specification. It would require additional research covering proof generation, mempool coordination, data availability and protections against invalid aggregation.
The design also relates to Ethereum’s preparation for post-quantum cryptography. Quantum-resistant signatures are generally larger and more expensive to verify than the ECDSA signatures used by ordinary Ethereum accounts.
EIP-8141 could allow accounts to define new authorization schemes without waiting for Ethereum to replace a single fixed signature standard. Recursive proof aggregation could then reduce the cost of verifying large post-quantum signatures.
EIP-8141 could help Ethereum accounts adopt post-quantum authorization if practical signature systems become available. That remains a longer-term security path rather than an immediate response to an active quantum threat.
Keyed nonces could remove transaction bottlenecks Ethereum accounts use sequential nonces to prevent transaction replay. If an account submits transactions numbered 10, 11 and 12, the network normally processes them in that order.
The sequence can create a bottleneck. If transaction 10 becomes stuck or invalid, later transactions from the same account may also wait, even when their operations are unrelated.
Keyed nonces would give an account several independent nonce sequences. Transactions assigned to different keys could proceed without waiting for another sequence to advance.
This could help smart accounts, privacy systems and applications that submit several independent operations simultaneously. Each workflow could receive its own nonce domain while retaining replay protection.
Crypto.news previously reported that keyed nonces could prevent independent private transactions from blocking each other. The feature is part of a broader effort to improve privacy transactions, flexible accounts and censorship resistance.
Buterin also connected the transaction work with alternative state models, including native UTXO designs and proof-based state structures. These projects explore whether some assets or operations can use predictable state rules while complex contracts retain Ethereum’s existing flexibility.
The approach could create several processing levels. Simple, declared operations would be easier to analyze and could receive lower fees. Dynamic contract calls would continue to work but would consume more resources because clients cannot prepare their execution in the same way.
Such differentiated pricing would attempt to align fees with the actual scaling constraints created by each transaction. It would not guarantee lower fees for every user or application.
EIP-8141 still requires developer approval and testing EIP-8141 must pass several stages before it can affect Ethereum users. Core developers first need to agree that Frame Transactions offer a better path than competing account-abstraction designs.
The proposal would then require client implementations, development networks, interoperability testing, wallet support and security review. Developers would also need to test how Frame Transactions interact with block builders, mempools, fee markets and existing smart contracts.
Earlier developer discussions considered EIP-8141 for Ethereum’s future Hegotá upgrade. However, crypto.news reported that Frame Transactions remained under consideration rather than formally scheduled.
FOCIL, a separate proposal intended to improve censorship resistance through transaction inclusion lists, has also been discussed alongside EIP-8141. The two proposals address different problems. Frame Transactions concern authorization and execution structure, while FOCIL concerns the inclusion of eligible transactions in blocks.
Developers have argued that using them together could provide native account abstraction with stronger censorship resistance. That combination is still a proposed package, not an approved Ethereum roadmap commitment.
Buterin’s Sept. 6 comments therefore describe a possible direction for Ethereum transaction design. They do not announce a completed upgrade, activation date or confirmed change to mainnet gas fees.
The next verifiable milestones would be formal developer support, inclusion in an upgrade scope and working implementations on development networks. Until then, EIP-8141 and recursive STARK mempools remain active research and engineering proposals.
FAQs What is EIP-8141? EIP-8141 proposes Frame Transactions that divide validation, fee approval and execution into separate contract-call frames.
It is currently a draft Core proposal. Ethereum developers can still change or reject its specification.
What is the difference between an action and a dependency? An action changes Ethereum’s state, such as sending ETH or calling a contract. A dependency is a condition that must be valid, such as a signature or state proof.
Separating them could allow independent dependencies to be processed simultaneously before state-changing operations are executed.
Will EIP-8141 lower Ethereum transaction fees? It could make predictable transactions cheaper to process if developers adopt gas pricing that rewards statically analyzable operations.
No fee reduction is confirmed. Costs would depend on the final specification, client implementation and future upgrade decisions.
Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.
Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.
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Vitalik Buterin published an updated Ethereum Improvement Proposal (EIP) 8141 on Sunday. The draft heads into Hegotá, the next Ethereum upgrade, and it rewrites how wallets sign, batch, and pay.
The setup tests whether privacy tools can run inside Ethereum itself instead of sitting around it.
Ethereum Upgrade Bundles 64 Actions Into One TransactionToday an Ethereum transaction does one thing. It sends money, or it approves a token, and that is the whole job.
Frame transactions change that. One transaction can carry up to 64 steps in a fixed order. The entire batch fails when any single step fails.
That all-or-nothing rule kills a familiar failure mode, where an approval lands but the swap behind it does not.
Approving a token and swapping it therefore becomes one click instead of two. Wallets can also fold a full onboarding flow into a single confirmation. Buterin floated much of this logic in March, when he pitched a broader Ethereum wallet overhaul.
What Vitalik Buterin’s EIP-8141 proposal changes, the next Ethereum upgrade, Source: BeInCryptoThree Changes Users Will Actually NoticeThe first change targets seed phrases. A lost 12-word backup today means lost funds. EIP-8141 detaches an account from its original key.
Wallets can then rotate keys or rebuild access through a second device or a trusted contact. The private key still exists, and users simply stop carrying it on paper.
The second change targets gas. Paymasters let any app pay a user’s fee, so newcomers can act before buying Ethereum. Apps absorb the cost as a customer acquisition expense.
The third change targets signatures. The draft adds P256, the scheme behind passkeys and phone security chips. Its authors call the move an off-ramp toward post-quantum cryptography rather than a finished quantum fix, an idea Buterin sketched in his lean Ethereum roadmap in July.
One positive consequence of all the recent detailed thinking about transaction formats – not just 8141, also "future of state" discussions eg. UTXOs, PBT, keyed nonces, and also recursive STARK mempool – is that we have a much more explicit understanding of how transactions have…
— vitalik.eth (@VitalikButerin) September 5, 2026
Scale drives the bigger goal. Buterin wants a more Bitcoin-like Ethereum design, where simple, predictable transactions incur the lowest gas fees.
Ethereum (ETH) changed hands near $2,512 on Sunday, roughly 49% higher over 90 days.
Client teams have set no activation date, and the Glamsterdam gas limit push arrives first in Q4 2026.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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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.
Ethereum’s wider network is gaining momentum as Layer 2 and DeFi tokens outperform other crypto market segments, coinciding with a significant uptick in on-chain activity.
Layer 2 Scaling Networks Dominate ActivityTrader Daan Crypto pointed to a clear rotation in the market, noting on Sunday that Ethereum, along with Layer 2 networks and DeFi tokens, led major crypto sectors over the previous week. His market analysis, which excluded smaller memecoins, suggested this rotation signals more than just a brief altcoin rally.
Recent blockchain data indicates that Ethereum’s Layer 2 scaling solutions have become dominant, now accounting for 94% of all transactions across the amalgamated Ethereum mainnet and Layer 2 environment.
According to growthepie, Ethereum Layer 2 networks currently handle approximately 29.95 million daily transactions, while the Ethereum mainnet processes just 1.97 million. In terms of computational output, L2s now represent 97% of the system’s total throughput, facilitating about 92.4 million gas units per second compared to just 2.52 million on mainnet.
NetworkDaily TransactionsGas Units/secValue SecuredEthereum Mainnet1.97 million2.52 million$162 billion (Stablecoins)Layer 2s (Total)29.95 million92.4 million$14.51B (Base), $12.47B (Arbitrum), $2.8B (Robinhood Chain)Leading Layer 2 platforms include Base, which secures $14.51 billion or 41% of total L2 value, and Arbitrum with $12.47 billion. Robinhood Chain has drawn particular attention after growing its secured value by more than 150% in 30 days, now reaching $2.8 billion.
The expansion of these networks is reflected in token markets. ARB, the native asset of the Arbitrum network, has surged over 120%, driven in part by increased activity associated with the Robinhood Chain.
Mini dictionary: Robinhood Chain is a relatively new Ethereum Layer 2 network designed to enhance scalability and reduce transaction fees within the Robinhood ecosystem, contributing to increased DeFi activity and token performance.
DeFi Activity Shifting, But Capital Base Remains on MainnetOver the last 30 days, Ethereum Layer 2 networks processed an estimated 337 million decentralized finance transactions. This represents approximately 99% of all Ethereum DeFi transactions, reflecting a near-total migration of activity from the mainnet to L2s.
Uniswap, a leading decentralized exchange, contributed more than 57 million Layer 2 transactions within the period, making it the most-utilized application in Ethereum’s L2 ecosystem by transaction count.
Uniswap emerged as the most heavily used Layer 2 DeFi application, generating more than 57 million transactions in the past month.
Despite this, the majority of capital remains on Ethereum’s mainnet. The main network holds around $162 billion in stablecoins, dwarfing the $12 billion present on Layer 2 networks. Meanwhile, institutional data places the mainnet DeFi total value locked (TVL) close to $49 billion.
ETH is currently trading near $2,500, recovering from $2,390 earlier in the week. Ethereum exchange-traded funds have continued to report net inflows, reinforcing ongoing institutional interest amid a broader return of demand for crypto investment products.
Two-Tiered Ecosystem EmergesThe Ethereum ecosystem is now separated into distinct layers: Layer 2 networks are responsible for processing the vast majority of activity, while the mainnet remains the primary hub for capital allocation and settlement.
Layer 2 platforms fuel record transaction volumes, while Ethereum mainnet retains its role as the asset and liquidity center.
This division may explain why current market strength is spreading from ETH itself to DeFi and Layer 2 tokens, rather than being isolated as a simple upward move in Ether’s price alone.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.
Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.
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According to GMGN market data, the ZEC-themed airdrop meme token ZCAT (Anonymous Cat) on the Solana blockchain briefly surpassed $119 million in market capitalization, hitting a new all-time high, and is currently trading at $110 million. The token has rallied over 353% in the past 24 hours, with a 24-hour trading volume of $10.9 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash’s (ZEC) privacy concept, featuring an anonymous cat mascot wearing a brown paper bag over its head. It levies a ~3% transaction and transfer tax to purchase bridged Zcash (ZEC) on Solana, which is then airdropped to holders. BlockBeats reminds users that most meme coins lack real utility, are highly volatile, and investors should exercise caution.
Hargreaves Lansdown, the UK’s largest retail investment platform, has opened crypto ETN trading to eligible investors, adding Bitcoin and Ethereum-linked exchange-traded notes to a platform used by millions of retail savers. The move, which took effect in early September 2026, comes nearly a year after the Financial Conduct Authority lifted its ban on retail crypto ETNs and roughly eleven months after the firm first signalled plans to enter the market. For Hargreaves Lansdown, the launch marks a significant step beyond its traditional funds, shares and pensions business into digital-asset exposure delivered through regulated stock-exchange instruments.
How the Crypto ETN Offering Works Unlike buying cryptocurrency directly, investors on the platform hold listed instruments that track the price of bitcoin or ether without needing a crypto wallet or private keys. The underlying assets are held by a regulated custodian, and the notes trade like ordinary shares on the London Stock Exchange. Access is not universal: Hargreaves Lansdown restricts the product to certified high-net-worth individuals and restricted investors who intend to commit less than 10% of their net assets, and every buyer must first pass an appropriateness assessment. An FCA-required 24-hour cooling-off period also applies before any trade can be completed.
From Caution to Adoption The launch reverses a long-running cautionary stance. The platform had previously steered clients away from direct crypto exposure, but the regulator’s decision to permit crypto ETNs for professional and eligible investors cleared a path for established brokers to participate. Hargreaves Lansdown is not alone in treating these products as a bridge: 21Shares earlier brought the first crypto ETNs to the London Stock Exchange, laying the groundwork for mainstream platforms to follow. The firm’s own materials emphasise the risks, warning that the notes are not covered by the Financial Services Compensation Scheme and that investors should be prepared to lose all of their money.
What It Signals for UK Crypto Access For British investors, the launch is the latest sign that regulated crypto exposure is moving from specialist exchanges toward familiar investment platforms. It follows broader efforts to give UK savers a compliant route into digital assets, even as policymakers continue to shape a new UK crypto framework and tax reporting requirements tighten. By making crypto ETNs available alongside its conventional offerings, Hargreaves Lansdown is betting that a custodial, stock-market wrapper will appeal to investors who want price exposure without the operational burden of managing keys.
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Mellody Hobson opens the Lucas Museum of Narrative Art in Los Angeles on September 22 with her husband. The privately funded project cost roughly $1 billion.
Hobson co-chairs the museum’s board. She co-runs Ariel Investments and holds a seat on the JPMorgan Chase board, where she also serves on the risk committee.
The Wall Street Half of the Museum Sits on JPMorgan’s BoardHobson joined the JPMorgan board in 2018. She has served as co-CEO of Ariel Investments since 2019, after serving as president from 2000. Meanwhile, the bank she helps oversee has turned into one of the loudest institutional voices in digital assets.
JPMorgan’s blockchain unit, Kinexys, has processed more than $3 trillion since its inception. It now averages over $5 billion in daily volume. This year, the bank opened its JPM Coin deposit token, JPMD, to institutional clients on Base, the Ethereum layer-2 network built by Coinbase.
South Korea’s KB Kookmin Bank said in July it would start routing dollar trade payments over JPMorgan’s Kinexys network in August. As a result, the risk committee Hobson sits on covers a lender that already settles billions onchain. Strategy meanwhile ranked JPMorgan behind Fidelity in its Bitcoin banking index.
The Lucas Museum Hides a Banksy Gallery UpstairsLucas built the collection around storytelling rather than abstraction. Visitors will find Frida Kahlo and Norman Rockwell works beside Luke’s landspeeder and General Grievous’s wheel bike. The building holds more than 1,300 pieces and 30,000 comic books.
Curators added two walls of Banksy works to the fifth-floor murals gallery at the last minute. One carries the silhouette of a girl releasing a heart-shaped balloon. The same gallery also holds works by Diego Rivera, Judith Baca and JR.
Lucas chased sites in San Francisco and Chicago for more than a decade before Los Angeles agreed. Hobson now straddles both worlds. One holds Star Wars props, the other decides how fast big banks move tokenized money.
Ethereum is getting a new transaction primitive that could reshape how wallets, dApps, and smart contracts interact with the network. EIP-8141 introduces what’s called a “Frame Transaction,” a single transaction that can be broken into up to 64 programmable sub-units called frames, each capable of performing distinct operations within one atomic execution.
The proposal, co-authored by Vitalik Buterin and several core contributors, was first put forward on January 29, 2026. It has since been moved to “Scheduled” status for inclusion in the 2027 Hegotá hard fork.
What frame transactions actually do The new transaction type, designated 0x06, lets each frame operate in one of three modes. DEFAULT handles standard transaction deployment. VERIFY runs read-only validation, useful for checking conditions without changing state. SENDER executes in the context of the transaction’s sender, enabling patterns that previously required deploying dedicated smart contract wallets.
Each frame carries an intrinsic cost of 12,000 gas plus 475 gas per frame. For context, a basic Ethereum transfer today costs 21,000 gas, so the overhead per frame is relatively modest considering the functionality it unlocks.
The proposal also introduces several new opcodes. The APPROVE opcode (0xaa) handles authorization logic, while a suite of TXPARAM, FRAME, and SIG opcodes give developers granular control over how frames reference each other, pass parameters, and verify signatures.
Why this matters: native account abstraction without the workarounds The ecosystem has been building toward account abstraction through proposals like ERC-4337, which created an “alternative mempool” for account-abstracted transactions without changing the protocol itself. EIP-7702 took a different approach, allowing EOAs to temporarily delegate to smart contract code. ERC-4337 adds infrastructure complexity with bundlers and paymasters. EIP-7702 requires persistent delegation setups.
EIP-8141 takes a third path by baking these capabilities directly into the transaction format. A single frame transaction can include a verification step, an approval, and an execution, all without requiring the user to deploy a smart contract wallet or rely on third-party bundler infrastructure.
The proposal explicitly complements rather than replaces EIP-7702 and ERC-4337. Developers who’ve already built on those standards won’t need to rip anything out.
Gas sponsorship and atomic batching With frame transactions, a third party can cover gas costs within the same transaction structure. A dApp could onboard new users who hold zero ETH by sponsoring their first interactions, all without external relayer networks or off-chain signature schemes.
Atomic batching allows bundling approve-and-swap into a single atomic operation: either everything executes or nothing does, eliminating the current risk where a successful approval and a failed swap leaves a contract authorized to spend tokens.
ERC-20 fee payment is another notable inclusion. Users could pay transaction fees in stablecoins or other tokens rather than ETH, with a frame handling the conversion or payment logic inline.
Users can also create temporary, purpose-specific accounts for individual transactions without deploying persistent smart accounts or setting up delegation.
Post-quantum implications and long-term positioning Frame transactions create a natural structure for introducing post-quantum signature schemes. Because each frame can carry its own signature verification logic, the network could support quantum-resistant algorithms alongside existing ECDSA signatures without requiring a hard switch.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The token issued by Pons has accounted for 73.5% of the total trading volume across all of Robinhood’s issuance platforms.
Robinhood’s token launch platform Pons stated in a post that its pace is not slowing. Over the past 24 hours, tokens issued on Pons accounted for 73.5% of the total trading volume across all of Robinhood’s launch platforms. Separately, Dune data shows that among other token launch platforms in the Robinhood ecosystem, noxa.fun holds an approximately 18.2% share, followed by long.xyz and pool.trade.
9 minutes ago
Grok Video Agent upgraded to version 1.5: Integrated with Image 2.0, multi-shot continuity enhanced
Beating AI News Flash: Grok Imagine’s video creation agent has been upgraded to version 1.5. This update is often confused with Grok Imagine Video 1.5, which launched in June. The June update revised the underlying video model, while this upgrade targets the agent layer. Grok Imagine Video 1.5 was officially released in June. The new agent version integrates the latest Image 2.0, with key improvements to generation quality, narrative coherence, and multi-shot continuity. Grok states that it excels at connecting multiple shots to ensure more consistent frames. It is now available on Grok’s web platform, iOS, and Android. In Arena’s Text-to-Video leaderboard, grok-imagine-video-1.5-agent currently ranks 5th with a score of 1491, outperforming Seedance 2.5, Seedance 2.0, and MiniMax H3. However, the result remains preliminary, and the ranking may change.
9 minutes ago
Ansem has been repeatedly pumping ZCAT, the meme token linked to ZEC's dividend, whose market cap has surged past $92 million to a new all-time high.
Crypto trader Ansem has been repeatedly hyping Solana-based meme token ZCAT (Anonymous Cat). He stated: "Some say if it’s on Solana, its market cap will never reach $100 million. Well, just keep watching. Let’s win." According to GMGN data, ZCAT’s market cap briefly exceeded $92 million, hitting a new all-time high, surging over 330% in 24 hours, with 24-hour trading volume standing at $3.6 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concepts, featuring an anonymous cat mascot wearing a brown paper bag on its head. It uses a ~3% transaction and transfer tax to purchase and airdrop bridged Zcash (ZEC) on Solana to its holders. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
9 minutes ago
Cathie Wood: Bitcoin is gradually decoupling from gold's price trend.
ARK Invest founder Cathie Wood (affectionately known as "Woodie" in financial circles) noted that August non-farm payroll data shows the U.S. economy remains highly resilient. Markets may interpret the strong jobs figures as a sign of rising inflationary pressure, leading to further bets on the Federal Reserve tightening policy, but they are overlooking more critical shifts. While the U.S. headline inflation rate still stands at 3.7%, other inflation metrics are closer to the 2% target, and oil prices could even fall to around $30 per barrel. U.S. stocks continue hitting record highs amid rising interest rates, corporate capital spending has broken through a growth bottleneck that has persisted for over two decades, and Bitcoin is gradually decoupling from gold’s price trends. These phenomena are not mutually independent. As more companies adopt artificial intelligence, AI-related firms are creating jobs at a faster pace, and technological advances could simultaneously boost productivity and reduce costs. These signals point to stronger real economic growth and the emergence of powerful "tech-driven deflation." Current markets are still pricing based on traditional economic models, but a new economic system driven by AI and emerging technologies is taking shape rapidly.
9 minutes ago
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
9 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
The token issued by Pons has accounted for 73.5% of the total trading volume across all of Robinhood’s issuance platforms.
Robinhood’s token launch platform Pons stated in a post that its pace is not slowing. Over the past 24 hours, tokens issued on Pons accounted for 73.5% of the total trading volume across all of Robinhood’s launch platforms. Separately, Dune data shows that among other token launch platforms in the Robinhood ecosystem, noxa.fun holds an approximately 18.2% share, followed by long.xyz and pool.trade.
9 minutes ago
Grok Video Agent upgraded to version 1.5: Integrated with Image 2.0, multi-shot continuity enhanced
Beating AI News Flash: Grok Imagine’s video creation agent has been upgraded to version 1.5. This update is often confused with Grok Imagine Video 1.5, which launched in June. The June update revised the underlying video model, while this upgrade targets the agent layer. Grok Imagine Video 1.5 was officially released in June. The new agent version integrates the latest Image 2.0, with key improvements to generation quality, narrative coherence, and multi-shot continuity. Grok states that it excels at connecting multiple shots to ensure more consistent frames. It is now available on Grok’s web platform, iOS, and Android. In Arena’s Text-to-Video leaderboard, grok-imagine-video-1.5-agent currently ranks 5th with a score of 1491, outperforming Seedance 2.5, Seedance 2.0, and MiniMax H3. However, the result remains preliminary, and the ranking may change.
9 minutes ago
Ansem has been repeatedly pumping ZCAT, the meme token linked to ZEC's dividend, whose market cap has surged past $92 million to a new all-time high.
Crypto trader Ansem has been repeatedly hyping Solana-based meme token ZCAT (Anonymous Cat). He stated: "Some say if it’s on Solana, its market cap will never reach $100 million. Well, just keep watching. Let’s win." According to GMGN data, ZCAT’s market cap briefly exceeded $92 million, hitting a new all-time high, surging over 330% in 24 hours, with 24-hour trading volume standing at $3.6 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concepts, featuring an anonymous cat mascot wearing a brown paper bag on its head. It uses a ~3% transaction and transfer tax to purchase and airdrop bridged Zcash (ZEC) on Solana to its holders. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
9 minutes ago
Cathie Wood: Bitcoin is gradually decoupling from gold's price trend.
ARK Invest founder Cathie Wood (affectionately known as "Woodie" in financial circles) noted that August non-farm payroll data shows the U.S. economy remains highly resilient. Markets may interpret the strong jobs figures as a sign of rising inflationary pressure, leading to further bets on the Federal Reserve tightening policy, but they are overlooking more critical shifts. While the U.S. headline inflation rate still stands at 3.7%, other inflation metrics are closer to the 2% target, and oil prices could even fall to around $30 per barrel. U.S. stocks continue hitting record highs amid rising interest rates, corporate capital spending has broken through a growth bottleneck that has persisted for over two decades, and Bitcoin is gradually decoupling from gold’s price trends. These phenomena are not mutually independent. As more companies adopt artificial intelligence, AI-related firms are creating jobs at a faster pace, and technological advances could simultaneously boost productivity and reduce costs. These signals point to stronger real economic growth and the emergence of powerful "tech-driven deflation." Current markets are still pricing based on traditional economic models, but a new economic system driven by AI and emerging technologies is taking shape rapidly.
9 minutes ago
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
9 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
Ansem has been repeatedly pumping ZCAT, the meme token linked to ZEC's dividend, whose market cap has surged past $92 million to a new all-time high.
Crypto trader Ansem has been repeatedly hyping Solana-based meme token ZCAT (Anonymous Cat). He stated: "Some say if it’s on Solana, its market cap will never reach $100 million. Well, just keep watching. Let’s win." According to GMGN data, ZCAT’s market cap briefly exceeded $92 million, hitting a new all-time high, surging over 330% in 24 hours, with 24-hour trading volume standing at $3.6 million. ZCAT is a cat-themed meme token built on Solana, inspired by Zcash (ZEC)’s privacy concepts, featuring an anonymous cat mascot wearing a brown paper bag on its head. It uses a ~3% transaction and transfer tax to purchase and airdrop bridged Zcash (ZEC) on Solana to its holders. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and investors should exercise caution.
34 minutes ago
Cathie Wood: Bitcoin is gradually decoupling from gold's price trend.
ARK Invest founder Cathie Wood (affectionately known as "Woodie" in financial circles) noted that August non-farm payroll data shows the U.S. economy remains highly resilient. Markets may interpret the strong jobs figures as a sign of rising inflationary pressure, leading to further bets on the Federal Reserve tightening policy, but they are overlooking more critical shifts. While the U.S. headline inflation rate still stands at 3.7%, other inflation metrics are closer to the 2% target, and oil prices could even fall to around $30 per barrel. U.S. stocks continue hitting record highs amid rising interest rates, corporate capital spending has broken through a growth bottleneck that has persisted for over two decades, and Bitcoin is gradually decoupling from gold’s price trends. These phenomena are not mutually independent. As more companies adopt artificial intelligence, AI-related firms are creating jobs at a faster pace, and technological advances could simultaneously boost productivity and reduce costs. These signals point to stronger real economic growth and the emergence of powerful "tech-driven deflation." Current markets are still pricing based on traditional economic models, but a new economic system driven by AI and emerging technologies is taking shape rapidly.
34 minutes ago
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
34 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
34 minutes ago
Altcoins rally broadly, with Layer 2 (L2) and DeFi sectors surging sharply. ARB, RAY, and SUSHI – the direct beneficiaries of the Meme craze – lead the market’s gains.
According to HTX market data, altcoins are rallying broadly amid active trading on Robinhood, BNB Chain, and Solana. The L2, DeFi, and DEX sectors are seeing sharp gains, with L2 led by ARB, followed by OP, STRK, IMX, etc. DeFi and DEX tokens including RAY, ORCA, JUP, UNI, SUSHI, CAKE, CRV, SPK, LISTA, and ENA are all rising, as capital flows back to DeFi projects with real trading use cases and fee mechanisms. On BNB Chain, boosted by BNB breaking above $780, tokens like BOME, 1000CAT, MARSCOIN, and TUT are also climbing. Meanwhile, today’s Altcoin Season Index has risen to 40, meaning roughly 40 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the past 90 days, and total altcoin market cap has hit $1.10 trillion. Top gainers: ARB up over 51% in 24 hours, trading at $0.1997. Robinhood Chain, an Ethereum L2 built on Arbitrum Orbit, allocates 10% of its net protocol revenue to the Arbitrum ecosystem—8% to the DAO treasury and 2% to development funds. RAY up over 42% in 24 hours, trading at $1.177. Solana-based token launch platform StonkFun announced it has integrated with Raydium LaunchLab. Going forward, all new StonkFun token deployments will launch via LaunchLab to cut costs, reduce front-running risks, and enable auto-compounding liquidity post-binding. SUSHI up over 24% in 24 hours, trading at $0.2385. SushiSwap has integrated its DEX and launchpad into Robinhood Chain, allowing new tokens to pair with tokenized stocks and launch with an existing Sushi V3 pool. SushiSwap Launch V2 is set to launch around September 4, with SUSHI serving as the launchpad’s quote asset. Other notable 24-hour gains: BOME, IOST, 1000CAT up over 20%; COTI, TUT, CAKE, SPK, UNI, STRK, MET, ORCA up over 10%; CRV, ENA, IMX, JUP, LISTA also posting solid increases.
34 minutes ago
StonkFun completes a $1 million buyback of STONK tokens; its platform token STONK surpasses $100 million in market cap today.
Solana-based token launch platform StonkFun announced it has completed a $1 million STONK token buyback, while over $7.5 million in rewards have been distributed to holders in the StonkFun ecosystem. StonkFun also announced it has launched on Raydium LaunchLab. Going forward, all new StonkFun token deployments will be initiated via LaunchLab to lower deployment costs, reduce sniper risks, and enable automatic liquidity compounding after binding is completed. According to GMGN market data, StonkFun’s platform token STONK surpassed $100 million in market cap today, currently trading at $92 million, with a 256% 24-hour gain and $30.4 million in trading volume over the same period. BlockBeats reminds users that related token prices are highly volatile, so investors should exercise caution.
WLFI advisor Ogle is the actual top holder of PONS, holding 15.28 million PONS at an average price of $0.1.
According to EmberCN's monitoring, WLFI advisor ogle's PONS holdings are not the 10.96 million units shown on FOMO, but 15.28 million units valued at $13.92 million. He also holds 4.32 million PONS in another address, worth $3.86 million. Ogle is actually the top PONS whale, having accumulated a total of 15.28 million PONS at an average price of $0.1 per unit, with an unrealized profit of $13.77 million, marking an 87x gain. The relevant addresses are: 0x1Bcc5f67CD17e13770F199fA03bC043b0cde1143; 0x825F23921dCFf36944d8B0b0CA23ac7D05fB86cB
10 minutes ago
OpenAI Simultaneously Recruits Schumer’s Daughter and Veteran Republican Operative to Focus on U.S. State AI Policies
From Beating AI Express News: OpenAI has appointed three new state-level policy heads, with Jessica Schumer drawing the most attention. She is the daughter of US Senate Minority Leader Chuck Schumer, previously served as chief of staff at the Obama administration’s Council of Economic Advisers, and later led Amazon’s public policy work in New York. At OpenAI, she will oversee policy and partnerships in the US Northeast. Another new hire, Caulder Harvill-Childs, previously worked in public policy at Meta and also served Republican Georgia House Speaker Jon Burns; he will now be responsible for the US Southeast. Thomas MacLellan will handle state-level cybersecurity policy, with prior experience at firms including Palo Alto Networks, Symantec, and FireEye. OpenAI is shifting more focus to US states, a strategy it terms "reverse federalism": instead of waiting for Congress to enact uniform legislation, it is pushing major states like California and New York to adopt similar AI rules, eventually forming de facto national standards. OpenAI publicly noted that California, New York, and Illinois have already started aligning on frontier AI safety rules.
10 minutes ago
Altcoins rally broadly, with Layer 2 (L2) and DeFi sectors surging sharply. ARB, RAY, and SUSHI – the direct beneficiaries of the Meme craze – lead the market’s gains.
According to HTX market data, altcoins are rallying broadly amid active trading on Robinhood, BNB Chain, and Solana. The L2, DeFi, and DEX sectors are seeing sharp gains, with L2 led by ARB, followed by OP, STRK, IMX, etc. DeFi and DEX tokens including RAY, ORCA, JUP, UNI, SUSHI, CAKE, CRV, SPK, LISTA, and ENA are all rising, as capital flows back to DeFi projects with real trading use cases and fee mechanisms. On BNB Chain, boosted by BNB breaking above $780, tokens like BOME, 1000CAT, MARSCOIN, and TUT are also climbing. Meanwhile, today’s Altcoin Season Index has risen to 40, meaning roughly 40 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin over the past 90 days, and total altcoin market cap has hit $1.10 trillion. Top gainers: ARB up over 51% in 24 hours, trading at $0.1997. Robinhood Chain, an Ethereum L2 built on Arbitrum Orbit, allocates 10% of its net protocol revenue to the Arbitrum ecosystem—8% to the DAO treasury and 2% to development funds. RAY up over 42% in 24 hours, trading at $1.177. Solana-based token launch platform StonkFun announced it has integrated with Raydium LaunchLab. Going forward, all new StonkFun token deployments will launch via LaunchLab to cut costs, reduce front-running risks, and enable auto-compounding liquidity post-binding. SUSHI up over 24% in 24 hours, trading at $0.2385. SushiSwap has integrated its DEX and launchpad into Robinhood Chain, allowing new tokens to pair with tokenized stocks and launch with an existing Sushi V3 pool. SushiSwap Launch V2 is set to launch around September 4, with SUSHI serving as the launchpad’s quote asset. Other notable 24-hour gains: BOME, IOST, 1000CAT up over 20%; COTI, TUT, CAKE, SPK, UNI, STRK, MET, ORCA up over 10%; CRV, ENA, IMX, JUP, LISTA also posting solid increases.
10 minutes ago
StonkFun completes a $1 million buyback of STONK tokens; its platform token STONK surpasses $100 million in market cap today.
Solana-based token launch platform StonkFun announced it has completed a $1 million STONK token buyback, while over $7.5 million in rewards have been distributed to holders in the StonkFun ecosystem. StonkFun also announced it has launched on Raydium LaunchLab. Going forward, all new StonkFun token deployments will be initiated via LaunchLab to lower deployment costs, reduce sniper risks, and enable automatic liquidity compounding after binding is completed. According to GMGN market data, StonkFun’s platform token STONK surpassed $100 million in market cap today, currently trading at $92 million, with a 256% 24-hour gain and $30.4 million in trading volume over the same period. BlockBeats reminds users that related token prices are highly volatile, so investors should exercise caution.
10 minutes ago
Word has it that the first checkpoint of Google's new Pro model has emerged, with a possible public release in October.
Beating AI Express News: Leaker Lyra claims Google’s next Pro model already has its first checkpoint (a saved model state version from training) and is set to be unveiled in October. Lyra also predicts a new Flash-Lite launch in September, alongside an update to Nano Banana 2 Lite. The final name for the new Pro model remains unconfirmed; some community members speculate it could be Gemini 4 Pro, while others believe it may be another Pro variant.
10 minutes ago
Leading DeFi researcher questions Ethereum’s Layer 2 strategy: Robinhood’s revenue has surged, yet Layer 1 settlement layer revenue remains low—Is this a problem?
Renowned DeFi researcher Ignas points out that Robinhood’s Layer 2 (L2) network paid just around $722 to its underlying base layer yesterday, while Robinhood itself posted a record $6 million in fee revenue that same day—roughly 10% of which went to Arbitrum, with nearly negligible amounts reaching Ethereum’s Layer 1 (L1). Against this backdrop, Ignas questions: Is this structure, where platforms rake in massive profits while the settlement layer gets almost nothing, actually a problem for Ethereum? Ethereum may currently be using low fees to onboard TradFi players into its ecosystem, planning to raise revenue shares once user migration costs become sufficiently high. If Ethereum’s official roadmap does include a strategy of first attracting a large number of L2s, then monetizing on L1 after switching costs rise, this could be positive for ETH—but such an approach is not visible in Ethereum’s current roadmap.
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Bitcoin (BTC) price is down by 1.75% today, September 5, to trade at $79,599 at the time of writing. Ethereum (ETH) is also down by 2.45% to trade at $2,455, with these drops coming ahead of the release of the US CPI data on September 11 and a potential rate hike by the European Central Bank (ECB).
Bitcoin and Ethereum Price in US CPI and ECB Rate Decision The recent US jobs data report, which showed that the US labor market is becoming strong, increased the odds of the Federal Reserve hiking interest rates during the September 16 FOMC meeting.
Data from CoinGape prediction markets currently shows that there is a 50% chance that the Fed will hike interest rates by 25 basis points, while another 50% of investors are betting on the Fed leaving rates unchanged.
Source: CoinGape Prediction Markets Attention has now moved to the release of the US CPI report. Data from MarketWatch shows that investors are expecting US inflation to remain unchanged at 3.4%.
If the CPI comes in lower than the expected 3.4%, it could reduce the odds of the Fed trimming rates and could make President Trump’s argument that the Fed should lower rates stronger.
However, while there is uncertainty about the decision that the Fed will make, the market is pricing in a 100% chance that the European Central Bank (ECB) will hike rates by 25 basis points on September 10.
This hike could push Bitcoin and Ethereum prices lower because hawkish central bank decisions tend to push investors away from risk assets.
BTC and ETH ETF Sustain Inflows Despite Inflation Concerns Data from SoSoValue shows that there were inflows to both Bitcoin and Ethereum ETFs on September 4 despite the rising possibility of the Fed hiking interest rates after US non-farm payrolls exceeded expectations and came in at 162,000.
The inflows to Bitcoin ETFs came in at $174 million, while ETH ETFs saw $26 million in inflows, suggesting that demand from institutions is high despite the hawkish outlook.
Crypto ETF Flows (Source: SoSoValue) These inflows also suggest that institutions are ignoring the concerns around inflation after Bloomberg reported that nearly half of US goods and services prices have risen faster than 3%.
Still, BlackRock’s portfolio manager Jeff Rosenberg links these ETF inflows to market pricing in that even a 25 basis point hike will not affect stocks.
Bitcoin Price Forecast as Short-Term Holders Book Profits Bitcoin price has dropped below the psychological support of $80,000. A previous CoinGape Bitcoin price analysis noted that the downtrend could continue until the price reaches the lower Bollinger band of $75,335.
This drop comes amid a surge in profit-taking by short-term holders. Data from CryptoQuant shows that short-term holders have sent 467,000 BTC, valued at $35.4 billion, to exchanges since August 17.
BTC Short Holder Inflow (Source: CryptoQuant) The report also adds that the cohort is sending an average of 27,500 BTC every day to exchanges, with this transfer being 29% higher than the previous 3-month average.
Still, Bitcoin price has been creating higher highs despite this STH selling, suggesting that the demand is absorbing the coins that traders are selling.
Ethereum Price Prediction as Bulls Test 200-week EMA Resistance The price of Ethereum has risen to test the resistance at the 200-week EMA of $2,455. ETH has tested this resistance for three straight weeks without closing above it.
If ETH closes above $2,455, it will support a bullish long-term Ethereum price outlook. A close above this EMA will suggest that the uptrend could continue in the long-term if market sentiment recovers and Bitcoin also surges.
Ethereum price is also facing another resistance at $2,555. Past trends show that Ethereum recorded a strong gain whenever it confirmed a close above this obstacle. However, each failed breakout has pushed the price to the support at $2,215.
BTC Price Chart (Source: TradingView) The RSI reading of 58 suggests that the momentum is favoring bulls, and this could support a breakout from the resistance of $2,555.
Ethereum experienced a short-term decline despite positive sentiment regarding its long-term trajectory. The cryptocurrency’s current technical signals highlight elevated downside risks, even as some analysts point to further gains ahead if key support levels hold.
Current market performanceEthereum traded at $2,459.20 at the time of reporting, recording a 2.55% decrease over the last 24 hours. Its 24-hour trading volume stood at $16.78 billion, and the total market capitalization was $299.78 billion.
Technical indicators remain mixed. The Bollinger Bands, which measure price volatility and potential overbought or oversold conditions, are currently set at $2,727.40 for the upper band, $2,388.07 for the middle, and $2,048.73 for the lower band. With Ethereum priced above the middle band, the coin continues to trade in the upper half of its established range, signaling residual strength despite the recent decline.
MetricValuePrice$2,459.2024-hour Volume$16.78 billionMarket Cap$299.78 billionBollinger Band (Upper)$2,727.40Bollinger Band (Middle)$2,388.07Bollinger Band (Lower)$2,048.73Technical momentum signalsMomentum indicators suggest increased caution for the asset in the coming days. The MACD (Moving Average Convergence Divergence), a widely used indicator to gauge trend changes and momentum, currently reads 117.79—below its signal line at 131.96. The MACD histogram sits at -14.17, indicating negative momentum and signaling that the recent upward trend has weakened.
If the gap between the MACD and its signal line continues to widen, Ethereum may be exposed to further losses or test the middle Bollinger Band near $2,388.
Mini dictionary: MACD (Moving Average Convergence Divergence), a technical indicator used to detect changes in momentum, trend direction, and potential reversals in asset prices.
Despite these short-term setbacks, analysts emphasize that the broader upward trend remains intact if Ethereum can hold above pivotal support levels.
Analyst perspectives and recovery targetsCrypto Patel, a crypto market analyst active since 2017, recently shared an optimistic view on Ethereum’s future prospects. He stated that the potential for the asset extends well beyond the $15,000 threshold in the long term. Addressing the impact of recent corrections, Patel maintained that exiting the market during price pullbacks is not always necessary. He pointed to the $1,500 to $1,600 range as a key historical accumulation zone for Ethereum, reinforcing confidence among long-term holders.
Crypto analyst Crypto Patel highlighted the importance of distinguishing between short-term price swings and Ethereum’s larger adoption trajectory. Patel referenced past support zones near $1,500 to $1,600 as crucial for accumulation, suggesting that market corrections need not signal weakness for long-term investors.
For the immediate outlook, Ethereum’s ability to sustain levels above the middle Bollinger Band at $2,388 will be closely watched. A rebound toward $2,727 could signal regained strength, while a drop below $2,388 may expose it to further downside risk toward the $2,049 level.
Technical analysis indicates that Ethereum’s near-term direction depends on its stability above $2,388 support and the reinforcement of positive momentum.
Market participants remain divided between concerns over short-term momentum loss and expectations of further long-term appreciation. Investors continue to monitor the key support and resistance levels closely for potential trend reversals or confirmations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum (CRYPTO: ETH) price remains in a consolidation phase and has formed a bullish flag pattern that may point to a strong breakout. It was trading at $2,458 on Saturday, up by over 63% from its lowest level this year.
ETHB ETF Inflows are SoaringA key driver for the recent Ethereum price rally is the fact that American retail and institutional investors are piling into its ETFs. These funds added over $26 million in inflows on Friday, bringing the weekly increase to over $218 million. They added $1.8 billion in assets in August and now hold $15.57 billion in assets.
A key driver to the ongoing ETH ETF inflows is the iShares Staked Ethereum Trust (NASDAQ:ETHB), which has become the fifth-biggest ETH fund. Since its launch in March this year, the fund has accumulated over $980 million in assets. It has already overtaken funds by top companies like Bitwise, VanEck, and Franklin Templeton.
ETHB is similar to other ETH ETFs, with the main difference being its staking capabilities. BlackRock stakes its assets, allowing investors to generate an annual return that normally compensates the 0.25% fee. Staked ETH tokens currently earn an annual return of about 2.65%.
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The ongoing ETH ETF inflows has coincided with that of other coins. Bitcoin (CRYPTO: BTC) ETFs have added $770 million in assets this month, while Ripple (CRYPTO: XRP) have had over $13 million in assets.
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The recent crypto rebound happened after many of them remained in a tight range for months, with investors focusing on the booming stock market. Now, with many top AI stocks being in a bear market, many investors, especially those from South Korea, have started to rotate back to crypto. Also, the Crypto Fear and Greed Index has moved to the greed zone of 75.
Ethereum Price Has Formed a Bullish Flag PatternTechnicals suggest that the ongoing consolidation will result in a strong bullish breakout in the near term. It is part of the bullish flag pattern, which happens when a strong rally is followed by a consolidation. This pattern normally leads to a continuation.
The coin is also about to form a golden cross as the spread between the 50 and 200-day moving averages narrow. If this happens, it will be the first time that ETH has formed a golden cross since July last year when it jumped from $2,550 to $4,956 within weeks.
Therefore, these technicals, together with the ETF and staking inflows, suggest that ETH may be about to soar. Such a move would point to more gains, potentially to the psychological level of $3,000.
TLDR: RedSonic Vault lost 9.25 ETH after an attacker exploited a dual-asset pricing flaw entirely. A permissionless registerErc20 function let the attacker add a second, conflicting stETH share class. The attacker flash-loaned 1,139 WETH from Balancer and needed zero starting capital of their own. ExVulSec traced the full exploit, including the Curve swap and the final loan repayment step. A flash loan attacker drained 9.25 ETH from Ethereum’s RedSonic Vault in a single transaction. Blockchain security firm ExVulSec identified the exploit and published a full technical breakdown.
The attacker manipulated a permissionless asset-registration function to double count the same underlying collateral. On-chain records show the entire operation executed inside one self-contained transaction.
How the RedSonic Vault Exploit Unfolded The attacker flash-loaned 1,139 WETH from Balancer to fund the entire operation. No upfront capital of their own was required.
RedSonic’s vault prices its rsvETH shares through a function called getTotalAssetBalance. For the Lido position, that function reads the vault’s raw stETH balance directly.
That design choice became the exploit’s foundation. Share prices tied directly to a raw balance can shift if that balance changes unexpectedly. No corresponding shares need to be minted or burned.
The vault’s registerErc20 function carried no access restrictions, according to ExVulSec. Anyone could register a brand new asset class inside the vault.
The attacker registered stETH as a second asset, creating a class called rsvstETH. Both share types then drew from the exact same underlying stETH balance.
The exploit contract self-destructed once execution finished. Security researchers note that self-destructing contracts often complicate later on-chain tracing efforts.
Flash loans let borrowers access large sums without posting collateral, provided the loan gets repaid within the same transaction. Attackers commonly use this mechanism to fund exploits that would otherwise demand substantial capital.
🚨 ALERT — Exploit on Ethereum @reddio_com RedSonic Vault was drained for ~9.25 ETH. A no-capital attacker flash-loaned 1,139 WETH from Balancer, inflated the vault's share price, and cashed out. The exploit ran inside a self-destructing contract's constructor.
Root cause:
the…
— ExVul (@exvulsec) September 5, 2026
RedSonic Vault Exploit Exposes a Dual-Asset Flaw The attacker deposited 1,130 ETH first, acquiring close to 99% of all outstanding rsvETH shares. That position set up the rest of the exploit.
Next, the attacker deposited 9.34 stETH directly into the vault. That single deposit inflated the stETH balance without minting any new rsvETH shares.
Because rsvETH pricing reads the raw stETH balance, the extra deposit pushed the share price higher artificially. The attacker’s existing rsvETH holdings gained value instantly as a result, without any new rsvETH being issued.
The attacker then redeemed rsvETH for 1,139.5 ETH, according to ExVulSec’s transaction analysis. That single redemption produced the full 9.25 ETH profit.
The same attacker also redeemed the rsvstETH shares for stETH separately. The identical underlying collateral effectively paid out twice from one shared, pooled vault balance.
ExVulSec reported that the recovered stETH was swapped for ETH on Curve. The attacker repaid the Balancer flash loan within that same transaction.
Etherscan data lists the attacker’s wallet as 0x70f2333d21Ed7E7D105F6578227A9A747687982C. The RedSonic Vault contract itself sits at 0x4315990d9eeaffdfafd49958b4851f203fa1126f.
The attack transaction carries the hash 0xe3cba90e865c6cba950ebce36a52607f51f1fd33cd9fb920c78803f19b57791a. It remains publicly viewable on Etherscan for anyone verifying the exploit’s details.
A vulnerability in the RedSonic Vault on Ethereum enabled an attacker to drain 9.25 ETH using a complex flash loan exploit in a single transaction. Blockchain security firm ExVulSec identified and analyzed the incident, outlining how the vault’s dual-asset pricing flaw was entirely compromised.
Flash loan powers single-transaction exploitThe attacker launched their operation by borrowing 1,139 WETH from Balancer through a flash loan, which allowed the necessary capital without tying up their own funds. Flash loans are commonly used in decentralized finance (DeFi) to borrow significant sums, as long as the funds are returned within the same transaction, making them useful for both legitimate arbitrage and malicious exploits.
ExVulSec reported that the vulnerability lay in the RedSonic Vault’s registerErc20 function, which carried no access restrictions. This made the function permissionless, enabling anyone to register a new asset or share class within the vault, undermining protection against unauthorized manipulations.
By leveraging this function, the attacker registered stETH as a second asset under a new share class called rsvstETH. This setup allowed both rsvETH and rsvstETH shares to draw value from the same underlying stETH balance.
ExVulSec traced the operation in detail, showing that each step from the asset registration to the unwinding of the flash loan was performed within a single, self-contained blockchain transaction. The malicious smart contract used for the exploit self-destructed at the end of execution, a tactic often used to hinder post-incident on-chain tracking.
Mini dictionary: ExVulSec – A blockchain security research group specializing in post-mortem analysis of smart contract exploits and real-time incident response for DeFi vulnerabilities.
Vault pricing flaw allows double withdrawalThe exploit began when the attacker deposited 1,130 ETH to obtain nearly all of the rsvETH shares in the vault. This move positioned them to benefit from further manipulations in the vault’s asset balance.
Subsequently, the attacker deposited 9.34 stETH, which increased the raw stETH balance in the vault but did not mint new rsvETH shares, a result of how the pricing function getTotalAssetBalance was designed. Since rsvETH share price was tied to the raw balance, this action artificially inflated the share value.
With the rsvETH price boosted, the attacker redeemed their shares to receive 1,139.5 ETH, effectively extracting the profit. They also redeemed the newly created rsvstETH shares for stETH, exploiting the vault’s dual-asset mechanism to perform a double withdrawal against the same underlying collateral.
StepActionResult1Flash loan 1,139 WETH from BalancerSecured capital for exploit2Deposit 1,130 ETHAcquired nearly all rsvETH shares3Register stETH as new share class (rsvstETH)Enabled dual access to same collateral4Deposit 9.34 stETHArtificially inflated rsvETH price5Redeem rsvETH for ETHExtracted 1,139.5 ETH6Redeem rsvstETH for stETHDouble withdrawal from same pool7Swap recovered stETH for ETH on CurveFinalized profits8Repay Balancer loanSecured 9.25 ETH net profitExVulSec’s investigation revealed that the attacker inflated the vault’s share price by artificially increasing the stETH balance, then redeemed both the original and duplicate shares for separate withdrawals from the same collateral pool.
After securing the funds, the attacker used Curve, a decentralized exchange protocol known for efficient stablecoin and token swaps, to exchange stETH back to ETH and repay the original Balancer flash loan, wrapping up the attack in one transaction.
The attack was publicly documented, with the main transaction traceable on Etherscan under the hash 0xe3cba90e865c6cba950ebce36a52607f51f1fd33cd9fb920c78803f19b57791a. Key contracts and wallets involved include the RedSonic Vault contract at 0x4315990d9eeaffdfafd49958b4851f203fa1126f and the attacker’s wallet 0x70f2333d21Ed7E7D105F6578227A9A747687982C.
ExVulSec cautioned that self-destructing exploit contracts complicate subsequent forensic reviews, as they erase on-chain code references immediately after the attack completes.
Investigators detail that both the initial deposit and asset registration combined with a flash loan enabled the attacker to fully extract and swap their gains before contract self-destruction obscured further evidence.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Over the past thirty days, Solana has captured $348 million in net flows towards tokenized real-world assets. The blockchain thus outperforms other networks during this period, according to data provided by the RWA Foundation. This momentum raises the value of RWAs distributed on Solana to $4.23 billion. However, it is not enough to dethrone Ethereum across the entire market.
In Brief Solana dominates recent RWA flows, capturing $348 million in thirty days. The value of RWAs on Solana reaches $4.23 billion, driven by increased holders and transfers. U.S. Treasury bonds and tokenized stocks are among the main drivers of this growth. Solana gains ground without dethroning Ethereum, which maintains a clear lead on total RWA value. Solana Accelerates on All RWA-Related Indicators The communicated $348 million corresponds to capital inflows over one month. This amount does not represent either the trading volume or the total value of tokenized assets on Solana. It measures the difference between capital entering and leaving this ecosystem during the observed period.
The RWA Foundation stated :
Solana leads the race. The network tops net RWA flows over the last thirty days, with $348 million directed to the blockchain.
Several indicators help measure the scale of this evolution :
$348 million in net flows were recorded over thirty days ; The distributed value of RWAs reaches $4.23 billion, up 11.79% ; The number of wallet holders amounts to 398,644, an increase of 17.63% ; The transfer volume over thirty days reaches $3.72 billion, up 8.38%. Statistics updated on September 5 reveal that growth is not solely based on asset revaluation. Indeed, transactions and the number of wallets are also increasing, indicating broad usage of the products available on the blockchain.
However, one wallet does not necessarily equate to a distinct investor. The same individual or institution may control multiple addresses. This indicator thus measures the on-chain token distribution without precisely calculating the number of real users.
U.S. Treasury Bonds and Tokenized Stocks Support Growth RWAs are financial or physical assets represented as tokens on a blockchain. On Solana, this category mainly includes U.S. Treasury bonds, money market funds, private credit, and tokenized stocks.
U.S. public securities amounted to nearly $1.2 billion on the blockchain as of August 23, according to Solana Compass. Their value had thus increased by 16.1% in one month. Products such as Ondo’s USDY or BlackRock’s BUIDL fund also contribute to this expansion.
Tokenized stocks represent another important driver. Products like xStocks enable trading on Solana of digital representations of U.S. stocks and ETFs. They can also be traded on Raydium, Jupiter, and Kamino Finance.
Solana’s decentralized exchange platforms processed $5.8 billion in tokenized stocks in the second quarter of 2026. The blockchain reportedly accounted for 95 to 97% of the global volume on this segment through decentralized exchanges.
This trend is also visible over a longer period. The value of RWAs available on Solana was nearly $1.4 billion in January. With $4.23 billion at the beginning of September, it has nearly tripled in eight months.
Solana Dominates Recent Flows, but Not Yet the Total Market The $348 million represents nearly 8% of the current value of RWAs distributed on Solana. Such a proportion attests to the importance of recent inflows, even though valuation fluctuations and new issuances can also increase the total.
Solana is not yet the leading network in the sector. Ethereum held nearly $17.2 billion in RWAs at the end of August, more than four times the amount on Solana. The announced lead exclusively concerns flows over the last thirty days.
This distinction remains essential. A blockchain can temporarily capture more capital without holding the highest asset stock. The continuity of the trend will now depend on maintaining flows, expanding the number of holders, and the effective use of assets in transactions, credit, or payments.
Ultimately, the next phase will be to verify if Solana keeps this first place over several months. A simultaneous evolution of assets under management and transfer volumes would further reinforce the scenario of sustainable adoption.
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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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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US spot Bitcoin ETFs pulled in $175 million in net inflows on September 4, while their Ethereum counterparts added $26.46 million.
Breaking down the September 4 numbers The $175 million flowing into spot Bitcoin ETFs on September 4 represents a solid if unspectacular day for the product category. For context, these funds saw approximately $731 million in net inflows just one day earlier on September 3, which marked the largest single-day haul since January 14, 2026.
BlackRock’s IBIT has consistently dominated the flow picture. On September 3, the fund alone attracted roughly $454 million, accounting for about 62% of total Bitcoin ETF inflows that day.
On the Ethereum side, the $26.46 million in inflows on September 4 came after a much stronger showing on September 3, when Ethereum ETFs collectively gathered around $141 million. BlackRock’s ETHA led that earlier session with $72.07 million, followed by Fidelity’s FETH at $65.11 million. Grayscale’s ETHE recorded a modest $6.07 million outflow on September 3.
Combined, Bitcoin and Ethereum ETFs attracted over $200 million on September 4, adding to the roughly $872 million they pulled in the day before.
The bigger picture on cumulative flows Bitcoin ETFs have now accumulated approximately $55.44 billion in cumulative net inflows since their January 2024 launch. Total assets under management across the category sit around $103.34 billion, representing roughly 6.3% of Bitcoin’s entire market capitalization.
Ethereum ETFs have reached about $13.17 billion in cumulative net inflows with total AUM of approximately $15.92 billion, representing about 5.2% of Ethereum’s market cap.
The September 3 data marked a notable reversal. Just two days prior, on September 1, Bitcoin ETFs had experienced $236.5 million in outflows.
What’s driving the demand Bitcoin trading above $80,000 and Ethereum clearing $2,500 coincided with the recent inflow surge. Market observers have pointed to dovish commentary from Federal Reserve Governor Christopher Waller as one catalyst behind the recent risk-on mood.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The cybersecurity working group of the G7 has urged governments and businesses worldwide to begin the immediate transition to post-quantum cryptography, warning that the advancement of quantum computing represents an imminent risk to current encryption systems. This guidance carries direct implications for cryptocurrency networks, exchanges, and custodians facing potentially costly system upgrades before quantum computers become capable of compromising existing cryptographic protections.
G7’s call to action on quantum threatOn September 3, 2026, the G7 working group released a document titled “Preparing for the Post-Quantum Era: A Call to Action.” The report categorizes quantum computing as a significant cybersecurity risk that organizations must address in advance of the arrival of quantum machines capable of breaking widely used cryptography.
Although the G7 report does not mention cryptocurrencies specifically, the security of blockchain technologies is closely linked to public-key cryptography. Since cryptocurrencies rely on these algorithms to protect transactions and manage funds, the quantum threat extends to the crypto industry and its entire infrastructure.
Although the exact timeline is uncertain, several recent advances suggest an anticipation of the development of quantum computers able to break widely used public-key cryptography mechanisms.
G7 Cybersecurity Working Group
A key concern highlighted by the working group is the “harvest now, decrypt later” approach, where attackers collect encrypted data today and wait to decrypt it once quantum capabilities become available. For blockchains, where public keys and transaction history are permanently visible, this could lead to retrospective attacks even years after initial transactions.
Harvest now, decrypt later.
G7 Cybersecurity Working Group
The G7 has advised nations and organizations to raise awareness, establish national strategies, invest in research, promote public and private sector collaboration, and set procurement policies focused on post-quantum cryptography.
Europe’s post-quantum deadlinesThe European Union has already set binding requirements through its Coordinated Implementation Roadmap for the Transition to Post-Quantum Cryptography. Adopted in June 2025, the policy mandates that all member states start transitioning by the end of 2026, with high-risk entities required to complete migration before 2030.
These regulatory changes mean post-quantum cybersecurity is now essential for compliance and competitiveness. Companies lacking clear migration plans may face legal hurdles or lose their edge in the evolving regulatory landscape.
Various approaches by Bitcoin and EthereumBitcoin developers are exploring BIP-360, a soft fork proposal known as Pay-to-Merkle-Root, which aims to reduce long-term quantum vulnerabilities. This measure seeks to eliminate key-path spending mechanisms exposed to quantum attacks, but its creators acknowledge that some risks, especially those involving mempool transactions, require further mitigations. An activation date for BIP-360 has not yet been established.
Ethereum has outlined a broader post-quantum security plan. Vitalik Buterin’s roadmap for February 2026 highlighted four crucial areas for upgrade: validator BLS signatures, KZG commitments, ECDSA account signatures, and zero-knowledge proofs on the application layer. Ethereum targets core post-quantum infrastructure by 2029, although the transition could extend beyond this date.
A significant challenge for both networks is the increased size of post-quantum digital signatures. For instance, a standard secp256k1 ECDSA signature is 64 bytes, while the Dilithium-5 post-quantum scheme requires approximately 4,595 bytes, and the finalized ML-DSA-87 standard uses about 4,627 bytes. Larger signatures may drive up storage, bandwidth, and transaction fees.
Cryptographic StandardSignature Sizesecp256k1 ECDSA64 bytesDilithium-54,595 bytesML-DSA-874,627 bytesMini dictionary: BIP-360, or Bitcoin Improvement Proposal 360, introduces Pay-to-Merkle-Root—a protocol change meant to future-proof Bitcoin against quantum computer attacks by restructuring how spending conditions are recorded on the blockchain.
Migration risks overshadow quantum timelineIndustry observers note the near-term risk lies less with the timing of a quantum breakthrough and more with the challenges involved in the transition: protocol development, governance debates, increased infrastructure requirements, larger keys, and exposure of public keys from older wallets.
Research by Google Quantum AI in March 2026 argued that compromising 256-bit elliptic-curve cryptography may be easier than earlier assumed. Google also disclosed that its own post-quantum migration will conclude by 2029.
NIST has issued a draft recommending that 112-bit ECDSA be eliminated after 2030 and that all use of ECDSA cease after 2035, signaling a clear timeline for the industry to adopt new cryptographic standards.
Cryptopolitan previously indicated that institutional standards and custody requirements may soon require quantifiable post-quantum readiness, potentially making a robust migration framework a distinguishing factor for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key Highlights ETH experienced a pullback from $2,546 to approximately $2,438 amid heightened rate-hike speculation affecting risk markets August US Nonfarm Payrolls registered 162K, significantly exceeding the 56K forecast, driving Federal Reserve rate-hike probability to 60% The MVRV ratio for Ethereum breached 1.00 on August 21, marking the first occurrence in over 200 days A major holder liquidated 167,855 ETH valued at approximately $408 million across five days, intensifying bearish pressure Ethereum spot ETFs recorded $148M in daily capital inflows Thursday, bringing August’s total to $1.85 billion Ethereum has retraced toward the $2,400 threshold after peaking at $2,546 earlier in the week. The decline reflects market participants recalibrating their risk positions in response to surprisingly robust US employment figures.
Ethereum (ETH) Price The United States added 162K jobs in August according to the Nonfarm Payrolls report, substantially surpassing the 56K consensus and representing a significant jump from July’s 21K addition. The unemployment rate remained steady at 4.1%, while labor force participation climbed to 61.6%.
These robust employment numbers elevated the likelihood of a Federal Reserve rate increase to the 3.75%–4.00% band to 60%, up from 49% one day prior, based on CME FedWatch tool metrics. Elevated rate expectations typically weigh on speculative assets including cryptocurrencies.
At press time, ETH was changing hands at $2,438. Notwithstanding the correction, the asset continues trading above its 50-day, 100-day, and 200-day Exponential Moving Averages, which are consolidated between $2,069 and $2,175.
The Relative Strength Index registers 61 on the daily timeframe, indicating constructive momentum without entering overbought territory. Meanwhile, the MACD has crossed into negative readings, signaling a deceleration in bullish momentum.
Major Holder Liquidates Entire ETH Position A substantial Ethereum address liquidated its complete holding of 167,855 ETH — valued at roughly $408 million — across approximately five days. The assets were transferred to trading platforms including OKX, Binance, and Bybit, per Lookonchain intelligence.
Approximately 70,739 ETH had been delivered to exchanges at the time of analysis, with the balance of 97,115 ETH remaining in the original wallet. This substantial liquidation event is contributing to downward price momentum.
In a related incident, a hacker associated with Coldcard initiated converting stolen Bitcoin holdings into Ether via THORChain, processing roughly 10% of the compromised funds while 90% remains dormant.
Institutional Demand and MVRV Recovery Point to Strength On a more constructive note, Ethereum spot exchange-traded funds captured $148 million in net inflows Thursday. Aggregate inflows have reached $13 billion, with total net assets under management standing at $16 billion.
Source: SoSoValue ETF inflows totaled $365 million for July and $1.85 billion for August, with September recording $104 million thus far.
Ethereum’s Market Value to Realized Value ratio reclaimed the 1.00 level on August 21 for the first time in 200 straight days. This metric indicates the typical ETH holder has returned to unrealized profitability, with the realized price approximately $2,300.
Source: CryptoQuant Technical analyst Aksel Kibar (CMT), operating as @TechCharts, observed that ETH/USD may be developing a bull flag formation directly at resistance, stating: “$ETHUSD Possible bull flag right at the resistance. I like this tight consolidation. Wait for breakout confirmation.” Kibar’s interpretation suggests the current consolidation phase could precede an upward breakout, though confirmation is required before validating the pattern.
September’s ETH ETF inflows currently total $104.26 million, as bulls continue efforts to establish $2,500 as reliable support territory.
U.S. spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.20 billion during the trading week ending Sept. 4, with Bitcoin products accounting for more than 80% of the total.
Summary
Spot Bitcoin ETFs recorded $986.7 million in weekly net inflows. Ethereum ETFs added $215.3 million, down sharply from the previous week. BlackRock’s Bitcoin funds attracted $691.5 million across the five sessions. The largest combined inflows arrived on Sept. 3 as crypto prices rebounded. Bitcoin ETF inflows approach $1 billion According to data from Farside Investors, U.S. spot Bitcoin ETFs recorded $986.7 million in net inflows between Aug. 31 and Sept. 4. The weekly intake increased about 6.7% from the $924.5 million added during the previous five trading sessions.
The funds opened the week with $216.7 million in net inflows on Aug. 31 before recording $236.5 million in withdrawals on Sept. 1. Demand returned over the following three sessions, producing inflows of $101.1 million, $730.8 million, and $174.6 million.
Sept. 3 accounted for roughly 74% of the entire weekly total. BlackRock’s spot Bitcoin products attracted $454 million that day, while ARK Invest and 21Shares’ ARKB added $137.7 million. Fidelity’s FBTC and Grayscale’s Bitcoin Mini Trust recorded $74.4 million and $48.8 million, respectively.
BlackRock’s products led the full week with about $691.5 million in net inflows. ARKB followed with $137.7 million, while Fidelity’s fund added $94.8 million.
Bitwise’s BITB received $41.7 million during the period. VanEck’s HODL posted approximately $33 million in net withdrawals, while Grayscale’s converted GBTC fund recorded a modest $18.6 million inflow.
The five-day result brought cumulative net inflows across the U.S. spot Bitcoin ETF market to approximately $55.69 billion, according to Farside’s data.
Ethereum ETF demand slows from the previous week U.S. spot Ethereum ETFs recorded $215.3 million in net inflows over the same period, Farside data showed. Although the funds remained net positive, weekly inflows fell by around 73.6% from $815.7 million during the previous week.
Ethereum products started the period with an $87.6 million inflow on Aug. 31 and added another $8.6 million on Sept. 1. The group then recorded $48.2 million in net outflows on Sept. 2 before attracting $141.4 million on Sept. 3 and $25.9 million on Sept. 4.
BlackRock’s ETHA brought in $136.4 million during the week, while its staked Ethereum product ETHB added $81.8 million. The two BlackRock funds therefore received a combined $218.2 million, slightly more than the category’s total net inflow after withdrawals from competing products were included.
Fidelity’s FETH ended the week with only $4.7 million in net inflows. The fund attracted $65.1 million on Sept. 3 but lost $48.3 million the following session.
Grayscale’s higher-fee ETHE recorded $37 million in weekly net outflows. Grayscale’s lower-cost Ethereum Mini Trust partly offset those withdrawals with $17.1 million in inflows.
Cumulative net inflows into U.S. spot Ethereum ETFs reached approximately $13.19 billion by the end of the week.
Crypto ETF inflows diverge from wider U.S. funds The $1.20 billion combined inflow into Bitcoin and Ethereum ETFs came during a cautious period for conventional U.S. investment funds.
Investors withdrew $11.12 billion from U.S. equity funds during the week ending Sept. 2, according to LSEG Lipper data reported by Reuters. Large-cap funds accounted for $7.52 billion of those withdrawals, while money market funds attracted $48.76 billion.
Reuters tied the broader caution to rising bond yields, higher oil prices and tensions in the Middle East. Those factors weighed on risk assets earlier in the week, but sentiment improved on Sept. 3 after Federal Reserve Governor Christopher Waller said he could support keeping interest rates unchanged if inflation continued to ease.
The shift coincided with the largest daily crypto ETF inflows of the week. Bitcoin and Ethereum funds collectively attracted about $872.2 million on Sept. 3, while Bitcoin climbed above $81,000 and Ethereum moved back toward $2,500.
The subsequent reversal showed that ETF inflows did not remove short-term macro risks. Bitcoin was trading near $79,664 at the time of writing, down about 1.8% over the latest session, while Ethereum traded around $2,458 after a 2.8% decline.
U.S. data keeps rate expectations in focus The next test for ETF demand could come from changing expectations for U.S. interest rates. The Bureau of Labor Statistics reported that nonfarm payrolls increased by 162,000 in August, while the unemployment rate remained at 4.1%.
The stronger labor data reduced some of the optimism created by Waller’s comments because a resilient economy could give the Federal Reserve more room to keep borrowing costs elevated.
Investors will now focus on the Sept. 11 U.S. consumer price index report and the Federal Reserve’s Sept. 16 policy decision. Further evidence of persistent inflation could pressure crypto prices and ETF demand, while softer inflation would support the case for stable or lower interest rates.
Despite those risks, the weekly figures showed that U.S. investors remained net buyers of both major crypto ETF categories. Bitcoin products maintained their momentum from the previous week, while Ethereum funds stayed positive even as their weekly intake slowed.
Ethereum just wrapped up its third quarter with a roughly 66.55% gain, making it the network’s best Q3 since 2016 and the third strongest in its history. For context, the previous standout Q3 was 2020’s “DeFi summer,” which delivered a 59.5% return.
The performance is even more striking when you compare it to Bitcoin, which managed a comparatively sleepy 6-10% gain over the same period.
What drove the rally Three major catalysts converged to push Ethereum higher through July, August, and September.
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First, spot Ethereum ETFs became a vacuum for capital. Net inflows across these products surpassed $10 billion cumulatively, with nearly $4 billion pouring in during August alone.
Second, public companies went on an Ethereum shopping spree. Corporate treasury purchases exceeded $15 billion in ETH during the quarter.
Third, decentralized finance continued to build momentum beneath the surface. Total value locked across Ethereum-related chains, including its growing constellation of Layer-2 networks, climbed to approximately $88 billion by the end of Q3.
Price action and the near-miss at all-time highs ETH spent portions of Q3 trading above $4,000 and at times approached the $5,000 level, flirting with what would have been a new all-time high. The asset didn’t quite get there, and September brought a 5.73% pullback that cooled some of the euphoria.
A different kind of cycle Analysts tracking the rally have noted that Q3 2025 looks structurally different from prior Ethereum bull runs. The 2017 surge was driven by ICO mania. The 2020-2021 cycle rode a combination of DeFi yield farming and NFT speculation.
This quarter’s gains, by contrast, have institutional fingerprints all over them. Spot ETF inflows represent regulated, custodied capital from wealth managers and allocators. Corporate treasury allocations represent board-level decisions with multi-year time horizons.
The $88 billion TVL figure is worth sitting with. That’s roughly equivalent to the total assets of a mid-tier US bank, all locked into smart contracts operating without traditional intermediaries.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
NFT sales rose 55.6% to approximately $75.54 million over the past seven days, with BNB Chain overtaking Ethereum after recording more than $32.75 million in sales.
Summary
NFT sales increased 55.6% to $75.54 million, while transactions fell 14.77% to 650,332. Buyer addresses rose 20.38% to 273,655, and seller addresses increased 18.09% to 291,266. Ethereum sales fell 14.23% to $18.94 million despite an increase in buyer addresses. BNB Chain sales surged 1,042% to $32.75 million, making it the top-ranked network. Courtyard led collections with $6.32 million, while a BRC-20 NFT sold for 10 BTC. According to data from CryptoSlam, captured on Sept. 5 with the seven-day view selected, NFT sales increased from approximately $48.55 million during the preceding period.
Buyer addresses climbed 20.38% to 273,655, while seller addresses increased 18.09% to 291,266. However, total transactions fell 14.77% to 650,332, meaning the increase in sales value occurred alongside fewer recorded transfers.
The average value per transaction rose to approximately $116, compared with about $64 in the prior period. CryptoSlam records blockchain addresses rather than verified individual buyers or sellers, so the address totals should not be treated as confirmed user counts.
NFT activity increased as the broader cryptocurrency market remained volatile. Bitcoin traded near $79,694, while Ethereum changed hands around $2,458 at the time of writing. The total cryptocurrency market capitalization stood at approximately $2.78 trillion.
The concurrent movements do not establish that cryptocurrency prices caused the rise in NFT sales. BNB Chain’s unusually large weekly increase also means the global comparison requires network-level context.
BNB Chain leads NFT sales with $32.75 million BNB Chain moved into first place with approximately $32.75 million in organic NFT sales, an increase of 1,042% from the previous seven-day period. Buyer addresses on the network rose 30.84% to 22,132.
BNB Chain leads weekly NFT blockchain sales | Source: CryptoSlam CryptoSlam recorded only $8 in wash-trading volume for BNB Chain, leaving its combined total close to $32.75 million. The scale and speed of the increase make the network the main contributor to the global weekly gain, although the collection rankings did not show one BNB Chain project accounting for most of the amount.
Ethereum ranked second with $18.94 million in organic sales, down 14.23%. Wash trading declined 56.30% to approximately $742,249, putting the network’s combined total at $19.68 million. Ethereum buyer addresses increased by 21.13% to 40,098 despite the decline in sales value.
Polygon followed with $7.29 million in organic sales, up 6.12%. The blockchain also recorded $18.73 million in wash trading, taking its combined volume to $26.02 million. Polygon’s 94,731 buyer addresses represented the largest total among the leading chains and increased by 10.67%.
Bitcoin ranked fourth with $5.87 million, down 34.20% from the previous period. Buyer addresses nevertheless rose 28.95% to 13,103. The network also generated approximately $94,991 in wash volume, producing a combined total of $5.96 million.
Base placed fifth after sales increased 36.59% to $4.23 million. Its wash-trading volume reached $4.80 million, exceeding organic sales and lifting combined volume to $9.03 million. Buyer addresses jumped 64.50% to 5,050.
Solana completed the leading six with $1.91 million in organic sales, up 9.99%. The network recorded 47,853 buyer addresses, an increase of 24%, and about $24,849 in wash activity.
Courtyard tops weekly NFT collection sales Polygon-based Courtyard remained the leading NFT collection with $6.32 million in sales, up 7.50%. The platform recorded 97,050 transactions, a 1.01% increase, while buyer addresses fell 7.63% to 17,766.
Courtyard tops weekly NFT collection sales | CryptoSlam Courtyard’s sales represented approximately 8.4% of global NFT volume. Its high transaction count separates the collection’s activity from projects where weekly sales were concentrated among a small number of wallets or transfers.
Base-based Beezie ranked second with $2.64 million, up 39.39%. Transactions increased 47.36% to 16,521, but CryptoSlam recorded only nine buyer addresses and 240 seller addresses. The low buyer count means the sales figure was highly concentrated rather than spread across a broad group of addresses.
Ethereum’s Argonauts placed third with $2.07 million despite sales falling 63.54%. Transactions declined by 72.74% to 3,068, while buyer and seller addresses also fell by more than 50%.
CryptoPunks followed with $1.86 million, down 9.92% from the prior week. The collection produced 18 transactions involving 15 buyer addresses and 15 seller addresses.
Blokyz generated $1.48 million, a decline of 19.56%, from 3,889 transactions. Bored Ape Yacht Club ranked sixth with $1.17 million, up 19.71%, while its transaction count increased 18.87% to 63.
Guild of Guardians Heroes completed the leading seven with $981,850 in sales, up 2.64%. Its transactions fell 5.78% to 733, while buyer addresses declined 15.42%.
BRC-20 NFT leads high-value NFT sales Bitcoin-based $REWD BRC-20 NFT #68f822daa8f482226a42a15319b5fe66a… recorded the largest sale, changing hands for 10 BTC, worth approximately $796,863, nine hours before the snapshot.
Top NFT collectible sales this week | Source: CryptoSlam Another Bitcoin-based asset from the $X@AI BRC-20 NFT collection ranked second. It sold for 5.1158 BTC, valued at approximately $394,346, three days earlier.
CryptoPunks #1839 placed third after selling for 161.5 ETH, or approximately $394,320, around 18 hours before the data capture.
Algebra Positions NFT-V2 #43 recorded the fourth-largest sale at 365,231.125 USDT, worth approximately $365,231, two days earlier. Algebra position NFTs represent decentralized exchange liquidity positions rather than conventional digital collectibles.
CryptoSlam classified both BRC-20 transactions and the Algebra position transfer as NFT sales, though their economic structures differ from those of profile-picture and digital-art NFTs.
August transformed crypto’s low-volatility environment into a sharp breakout for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but September has started with the market searching for its next catalyst.
Is SOL’s Good News Already Priced In?Bitcoin and Ethereum pulled back below $80,000 and $2,500, respectively, signaling consolidation after recent gains.
Institutional demand remained strong, with Bitcoin funds topping $3 billion in August inflows and Solana (CRYPTO: SOL) products posting their strongest month of 2026.
Santiment data on Friday showed that SOL emerged as the week’s standout anomaly after its social trend signal fired four times. This makes it the only cryptocurrency to trigger the metric during the period.
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However, attention peaked after price did.
SOL hit a 2026 high of $110.38 on Aug. 27 before falling about 10% to $98.35 by Sept. 2. Trading volume also cooled sharply from $7.16 billion to as low as $2.05 billion.
In August, SOL gained about 46% snapping a nine-month losing streak as its first binding governance vote passed, 300-millisecond slot times launched and DEX volume hit $7.94 billion.
With those catalysts now priced in, SOL could consolidate or fall further without broader support from Bitcoin and Ethereum.
ETH Whales Retreat, XRP Dormant Supply MovesEthereum whale selling slowed sharply, with just 2,040 ETH worth about $5 million sold during the period marking it the lowest in five weeks.
Exchange balances also fell by a net 166,000 ETH, potentially easing near-term selling pressure.
XRP (CRYPTO: XRP) showed the opposite trend. About 4.9% of its supply moved after sitting dormant for an average of 542 days, triggering the signal for the second time in three weeks.
XRP fell 6.4% during the period, with repeated dormant supply movements raising the risk of further distribution.
About 1% of Shiba Inu’s (CRYPTO: SHIB) supply moved on Aug. 27 after sitting dormant for an average of 865 days, the oldest coins among the assets triggering the signal.
The move coincided with the broader market peak. SHIB has since fallen about 4.8%.
BTC, ETH, and XRP prices are showing a fragile recovery after Thursday’s broad market rally lost momentum on Friday.
Bitcoin price trades near $79,463, Ethereum changes hands around $2,451.72, while XRP holds at $1.40.
The global cryptocurrency market capitalization stands near $2.77 trillion, down 1.11% daily. Traders now face two major catalysts involving monetary policy and cryptocurrency regulation before another directional move.
Bitcoin Price Holds $79k as BTC Recovery Requires Stronger Buying Momentum Bitcoin climbed above $82,000, reaching its highest intraday level since May. On September 3 ET, spot Bitcoin ETFs attracted $731 million, led by BlackRock’s IBIT with $454 million. Friday’s retreat below $80,000 shows sellers defending the $82,000 resistance zone.
A sustained close above $82,000 could open a path toward $85,000 and strengthen the recovery. Another rejection could send BTC toward Friday’s $78,700 intraday low. Bitcoin holds a $1.59 trillion market value and roughly 57.6% cryptocurrency dominance.
Bitcoin Spot ETFs Saw Total Net Inflows of $731 Million on September 3
On September 3 (ET), Bitcoin spot ETFs recorded total net inflows of $731 million, led by BlackRock’s IBIT with $454 million. Ethereum spot ETFs saw total net inflows of $141 million, with BlackRock’s ETHA… pic.twitter.com/AZ9LGWSmqO
— Wu Blockchain (@WuBlockchain) September 4, 2026
That dominance makes BTC crucial for determining whether ETH and XRP can preserve gains. Trading volume and daily closes should provide confirmation beyond intraday moves.
ETH and XRP Test Crucial Resistance Ethereum price trades around $2,451 after touching $2,542.40 earlier, showing that buyers failed to protect the session’s strongest gains. Ethereum funds added $141 million, while BlackRock’s ETHA secured $72.0685 million.
ETH must reclaim $2,500 convincingly before traders can consider the recovery established. Holding above $2,436 would protect the immediate structure, while a breakdown could revive selling pressure.
Ethereum’s market capitalization remains near $299 billion, supporting its position as the second-largest cryptocurrency.
XRP price has weakened sharply, falling toward $1.40 after reaching an intraday high near $1.48. The token needs to recover $1.45, then challenge $1.48, to restore short-term momentum. Support around $1.39 remains crucial because a break could expose lower levels and weaken the altcoin recovery.
CLARITY Act and FOMC Shape Next Move Washington could determine the next direction for BTC, ETH and XRP. The Senate has scheduled a September 15 cloture vote on the CLARITY Act, requiring 60 votes to advance debate.
The legislation seeks clearer federal oversight of digital commodities and securities, making the outcome particularly important for XRP. A successful vote would not complete passage, but it could improve regulatory confidence across United States cryptocurrency markets.
The Federal Reserve meets September 15–16, creating another volatility trigger. August payrolls increased by 162,000, compared with approximately 55,000 expected, while unemployment held at 4.1%. That rate matched forecasts and equaled its lowest reading in 14 months.
🇺🇸 FED RATE HIKE IS ALMOST CONFIRMED NOW.
Just now, the US unemployment data came in at 4.1% vs. 4.1% expected, equalling its lowest level in 14 months.
On top of that, the US economy added 162,000 jobs in August vs. 55,000 expected.
This means the job market is getting… https://t.co/QpDYQzIQfC pic.twitter.com/5igLmWVsDl
— Crypto Rover (@cryptorover) September 4, 2026
Strong employment gives policymakers more room to raise rates if upcoming inflation data remains elevated. Higher rates could strengthen the dollar and restrict speculative demand, while a pause could support another cryptocurrency advance.
Fireblocks published an optimized EVM implementation of an ML-DSA-44 signature verifier, a post-quantum cryptographic scheme compliant with NIST’s FIPS 204 standard. The headline number: verification now costs 1.23 million gas, down from the previous state-of-the-art benchmark of 8.09 million gas set by ZKNox’s ETHDILITHIUM project. That is a 6.6x reduction, achieved without any changes to the Ethereum protocol itself.
What actually changed under the hood ML-DSA-44, formerly known as CRYSTALS-Dilithium, is a lattice-based signature scheme selected by NIST as a post-quantum standard.
Fireblocks targeted the specific bottlenecks. The largest single gain came from optimizing SHAKE-256 hashing, a core component of the ML-DSA scheme, cutting its gas contribution from roughly 3 million down to approximately 400,000. Additional improvements came from more efficient number theoretic transform (NTT) computations and smarter memory expansion techniques within the EVM.
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For comparison, EIP-7885, a pending Ethereum improvement proposal that would add a dedicated NTT precompile to the protocol, was projected to bring ETHDILITHIUM’s cost down to around 5.73 million gas. Fireblocks reached 1.23 million without any precompile support, working entirely within the existing EVM instruction set.
An AI team did most of the heavy lifting Fireblocks used an autonomous AI-driven research team of 144 agents operating over nine days. Total cost: approximately $7,500.
The AI agents conducted formal verification as well as performance tuning, producing over 320 verification tests and 62 machine-checked arithmetic properties validated in Z3, a formal verification tool from Microsoft Research.
Where this fits in Ethereum’s quantum roadmap Ethereum’s longer-term roadmap already anticipates the need to replace its native signature scheme. The plan involves account abstraction, specifically moving toward a model where smart contracts, rather than the protocol itself, handle signature verification. This architecture, sometimes called de-enshrining native signatures, means any NIST-approved post-quantum scheme can be deployed as a contract verifier without requiring a hard fork to change Ethereum’s consensus rules.
Earlier in 2026, other research efforts focused on SPHINCS+-derived schemes, a hash-based post-quantum approach that achieved costs around 127,000 gas. Hash-based schemes come with significant drawbacks including large signature sizes and statefulness requirements that make them awkward for general wallet use. The lattice-based ML-DSA approach Fireblocks optimized is the NIST primary recommendation for general-purpose digital signatures.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Late August’s crypto market rebound has driven enterprises to increase their crypto asset allocations. As Bitcoin’s price rose, Bitcoin mining firms that had previously pivoted aggressively to AI businesses have reemerged as high-beta plays in BTC’s market, while corporate balance sheet strategies involving direct Bitcoin holdings have once again drawn market attention. Data shows Bitcoin climbed around 23% in late August, with some mining stocks surging 41% to 67%—outperforming multiple AI infrastructure companies. The market attributes the rally to three key factors: the U.S. Treasury expanding Treasury repurchase operations, the White House issuing positive signals on crypto regulation, and over $1.6 billion in short positions being liquidated. In terms of corporate buying activity, Strive purchased 1,800 BTC in the final week of August for roughly $143 million, lifting its total holdings to 23,156 BTC and making it the fifth-largest public company holder of Bitcoin. Strategy added 4,603 BTC over the same period, bringing its total holdings to more than 845,000 BTC. Separately, 21 major financial institutions including Bank of America, Goldman Sachs, and Citigroup plan to set up a new entity and launch a U.S. dollar stablecoin in the first half of 2027, with plans to expand to other G7 currencies for cross-border payments and digital asset settlements. For Ethereum, Bitmine has been accumulating ETH for 65 consecutive weeks, with its latest position exceeding 5.9 million ETH—accounting for 4.9% of Ethereum’s roughly 120.7 million circulating supply, just short of its 5% holding target. Despite the ongoing accumulation, the company’s current ETH holdings still carry approximately $5.1 billion in unrealized losses.
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Over the past 24 hours, the Ethereum network recorded a net inflow of $46.47 million, while Robinhood Chain saw a net outflow of $21.07 million.
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The "stock market version of Pokémon GO" meme coin GRASS briefly surged past $13.6 million in market capitalization this morning, hitting a new all-time high.
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The price of Ethereum [ETH] was changing hands at $2,508.45 after a hike of 4.1% in the past 24 hours.
This was expected to steal the spotlight, as this largest altcoin has struggled a lot since February 2026 to reclaim above the resistance level at $2500. However, except for bearish pressure and consolidation phases, ETH didn’t see a major bullish push.
Usually in such scenarios, the RSI reaches the overbought territory. Though ETH did reach that zone, now it’s slowly coming down to the 60-70 RSI range, suggesting strong bullish momentum.
Source: Trading View Ethereum recovered from unrealized loss Adding more weight to the ongoing sentiment, Ethereum’s MVRV (Market Value to Realized Value), which shows whether Ethereum holders, on average, are sitting on an unrealized profit or loss, is also positive.
In fact, according to CryptoQuant’s data, Ethereum’s MVRV had remained below 1.00 for 200 consecutive days. However, the situation changed on the 21st of August, 2026, when Ethereum’s MVRV moved back above 1.00 for the first time in those 200 days.
Source: CryptoQuant This was when ETH had recovered above its reported realized price of around $2,300. However, crossing above MVRV 1.00 is not automatically a guarantee that ETH will continue rising. In fact, the realized-price area can initially create selling pressure.
Therefore, it’s important for ETH to maintain its price above the $2,300 realized-price level. This is because someone who bought ETH at $4,000 would still be underwater at $2,404, while someone who bought at $1,500 would be significantly profitable.
Bearish momentum has not vanished This comes as a huge Ethereum whale appears to have sold its entire 167,855 ETH position—worth roughly $408 million at the reported prices—over a period of about five days. According to Lookonchain data, the wallet first received the 167,855 ETH from multiple addresses and then began sending the coins to exchanges such as OKX, Binance, and Bybit.
Source: Arkham In the reported transactions, around 70,739 ETH worth approximately $174 million had already been deposited, while roughly 97,115 ETH worth about $237 million remained in the wallet at the time of reporting. Now this is expected to add some selling pressure on the ETH price action.
This further coincided with the Coldcard-linked hacker beginning to swap stolen Bitcoin for Ether through THORChain, moving about 10% of the stolen funds while 90% remains untouched.
Source: Alex Thorn/X However, with Spot Ethereum ETFs recording monthly inflows worth $365.17 million in July, $1.85 billion in August, and $104.26 million in September to date, hope remains.
Source: SoSo Value But with AMBCrypto recently reporting that ETH’s price stalled near $2,458, bulls have not yet established $2,500 as solid support.
Final Summary Ethereum’s MVRV breaks above 1.00 after 2002 days when the ETH price reached $2300. However, the whale movement has added selling pressure on the altcoin.
Robinhood Chain processed blocks without interruption on September 4, 2026, but its blob submissions to Ethereum went dark for roughly 14 minutes during what turned out to be the network’s busiest day on record. The sequencer kept running. The Layer 1 data pipeline did not.
What actually happened Robinhood Chain is built on the Arbitrum Orbit stack and targets block times of around 100 milliseconds, achieved through a single centralized sequencer operated by Robinhood. At that pace, a 14-minute window without blob submissions to Ethereum translates to roughly 8,400 blocks that should have been posted but were not.
The chain’s sequencer itself kept producing blocks locally, which is why Robinhood’s team framed this as a blob posting delay rather than a full outage. The distinction matters technically, but from a user perspective, transaction finality on Ethereum stalled for the duration.
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Robinhood attributed the delay to Ethereum market conditions rather than a failure in its own infrastructure. No funds were lost, and no unauthorized transfers were reported.
The timing was not coincidental. Daily transactions on the chain hit 14 million that day, a peak driven largely by memecoin activity and trading in tokenized assets.
Single-sequencer architecture under pressure Robinhood has not announced any plans to transition to a multi-sequencer model, and as of publication, the team had not released a post-mortem or root-cause analysis for the September 4 incident.
L2BEAT recorded total value locked on Robinhood Chain at approximately $2.42 billion around the time of the incident. That figure reflects how quickly the chain attracted capital after its July 1 launch.
Context: a chain that grew up fast Robinhood Chain completed a public testnet phase before opening its mainnet to the public on July 1, 2026. Within weeks it was processing hundreds of millions of transactions and generating significant trading volume, much of it tied to speculative activity in memecoins and newly tokenized assets.
The September 4 peak of 14 million daily transactions is a striking number for a chain less than 100 days old. The $2.42 billion in locked value confirms that liquidity has followed.
The blob gap incident exposed a gap between the chain’s block-production speed and its ability to settle that data on Ethereum during a congested market. The absence of a public post-mortem is worth tracking. Users and liquidity providers operating on a $2.42 billion network reasonably want to know whether the September 4 conditions were a one-time convergence of high volume and Layer 1 congestion, or a recurring vulnerability that the team has a specific plan to address.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin is back below $80,000 after a surprisingly strong jobs report reignited the prospects of the Federal Reserve raising rates at its upcoming meeting.
Notable Statistics:
Coinglass data shows 101,330 traders were liquidated in the past 24 hours for $523.10 million. SoSoValue data shows net inflows of $730.87 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $141.4 million. In the past 24 hours, top gainers include Lighter, Dash and Zcash. Notable Developments:
Bitcoin ETFs Pull In $730 Million for the First Time Since January Bitcoin Could Go to $232,000 or Even Higher, Advocate Touts: ‘Welcome to the Bull Market’ Ripple CEO Is ‘Proud’ About White House Crypto Meeting: What’s Next for XRP? Bitcoin, Ethereum, XRP Retreat but September Could Hold a Surprise, Data Shows Bitcoin Has No Label but Its Closest Rival Is Gold, BlackRock Exec Says Trader Notes:
Trader Jelle said Bitcoin is nearing a key market structure break. Clearing previous highs would flip the higher time frame structure bullish, with the weekly close crucial for confirmation.
Crypto chart analyst Ali Martinez highlighted Bitcoin is retesting the $80,600 breakout level after reaching $82,280. Holding that support could open the door to $85,000.
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Trump says Iran conflict 'not a major issue for the US': Current situation is not a state of war.
US President Donald Trump said on local time September 4 that the more than six-month US-Iran conflict is "small potatoes" for the US, adding that it is more appropriate to define it as a "military conflict" rather than a war. Trump noted that the US is currently only conducting "intermittent strikes" with no sustained fighting between the two sides, and he expressed understanding for Vice President JD Vance’s earlier remark that "it should not be called a war". Trump also stated that the conflict has killed 18 US service members, but its scale is "not large" compared to conflicts like the Vietnam War that claimed tens of thousands of US troops, while emphasizing that "losing even one person is too many". Trump further claimed that the US has achieved "significant results" on the Iran issue, with its core goal being to prevent Iran from acquiring nuclear weapons. According to reports, the conflict has driven up energy prices and brought domestic political pressure to the Trump administration. US public approval of Trump’s handling of the Iran conflict is low, and the Republican Party faces pressure to retain its congressional majority in the November midterm elections.
3 minutes ago
A $70 million Bitcoin movie has entered post-production, with its plot suspected to portray Craig Wright as Satoshi Nakamoto.
The film *Bitcoin*, directed by Doug Liman and starring Gal Gadot, Casey Affleck, Pete Davidson, Isla Fisher, and others, has a budget of approximately $70 million and is currently in post-production. Reportedly centered on Bitcoin’s origins and the identity of Satoshi Nakamoto, the movie leans toward portraying Craig Wright—who claims to be Bitcoin’s inventor—as Satoshi Nakamoto, a premise that has sparked controversy in the crypto community. Content creator Terence Michael noted that the film may push the narrative that "Craig Wright is Satoshi Nakamoto" to mainstream audiences, further intensifying the debate over Satoshi Nakamoto’s true identity. Earlier, a UK court ruled that Craig Wright is not Satoshi Nakamoto, and the related controversy had cooled down for a time. The film is written by Nick Schenk, produced by Ryan Kavanaugh and Lawrence Grey, with Wright supporter Calvin Ayre also involved; no major US distributor has been confirmed for the project yet.
3 minutes ago
A mysterious crypto whale has bought another 343,000 HYPE tokens, bringing its total holdings to 3.24 million HYPE, all of which are staked.
According to Lookonchain’s monitoring, the mysterious whale address 0x6436 has purchased an additional 343,000 HYPE tokens, valued at approximately $29.09 million. As of now, the address has accumulated a total of around 3.24 million HYPE tokens, with a total value of roughly $252 million, and has staked all of its HYPE holdings.
3 minutes ago
The "stock market version of Pokémon GO" meme coin GRASS briefly surged past $13.6 million in market capitalization this morning, hitting a new all-time high.
According to GMGN market data, the Robinhood ecosystem meme coin GRASS briefly surged past $13.6 million in market cap early this morning, hitting an all-time high, and has since pulled back to $8.3 million. It has recorded a 111% 24-hour price increase and a $8.7 million 24-hour trading volume. GRASS combines the internet meme "Touch Grass" with the gameplay of a stock-themed Pokémon GO. The project is officially positioned as a game, where tokenized fractional shares of real stocks (including AAPL, NVDA, TSLA, GME, etc., on Robinhood Chain) "spawn" at the physical locations of their respective companies—such as Apple Stores, GameStop outlets, Tesla showrooms, etc. Users can claim these tokenized stock fractions to their wallets by tapping on them when nearby. BlockBeats reminds users that most meme coins lack practical use cases and are highly volatile; please protect your assets and avoid FOMO.
3 minutes ago
Bitcoin is once again exhibiting characteristics of an "amplified version of gold", though the four-year cycle theory warns that the market still faces downside risks ahead.
Bitcoin has recently re-emerged as a safe-haven asset, hitting a four-month high of $82,262 this week before pulling back to around $79,800. André Dragosch, head of European research at Bitwise, said that amid rising macroeconomic uncertainty and currency devaluation risks, investors are increasingly viewing Bitcoin less as a high-risk tech asset and more as a store of value. Dragosch noted that Bitcoin’s 90-day price correlation with gold is near its highest level in six years. He argued that as macro forces strengthen and currency devaluation risks rise, investors are blurring the lines between Bitcoin and gold, with the cryptocurrency recently acting as an “amplified version of gold”. However, the four-year cycle theory remains a headwind for Bitcoin’s outlook. The theory links Bitcoin’s bull-bear cycles to its halving events. Fidelity projects that if historical cycle patterns hold, Bitcoin’s next bear market bottom could land around November 2026. Alex Thorn, head of research at Galaxy, previously estimated that the baseline scenario for this correction would bottom in the $40,000 to $46,000 range. Chris Kuiper, vice president of research at Fidelity Digital Assets, argued that the four-year cycle is not an exact timing rule, meaning it does not guarantee Bitcoin will decline later this year, and a long-term perspective and holding period have historically been more beneficial for investors.
3 minutes ago
Circle Details cirBTC Reserve Mechanism, Emphasizing 1:1 BTC Backing, Segregated Custody and On-Chain Reserve Verification
Circle recently released details on the reserve mechanism for its wrapped Bitcoin product cirBTC, emphasizing that cirBTC is backed 1:1 by native BTC, with segregated asset custody and an on-chain verifiable reserve model. According to Circle, cirBTC is now live on Ethereum; it will offer native support after the Arc mainnet launches, and plans to gradually expand to more blockchains. Each cirBTC is 1:1 backed by one native BTC and can be redeemed for native BTC at a 1:1 ratio. For reserve management, the relevant BTC is held by a Circle affiliate and custodied by Circle National Trust, which is regulated by the U.S. Office of the Comptroller of the Currency (OCC). Reserve assets are segregated from Circle’s corporate assets and used exclusively to protect cirBTC holders’ rights and interests. Furthermore, Circle enables on-chain reserve verification via public BTC reserve addresses and the Chainlink Proof of Reserve mechanism. Market participants can monitor the size of reserve BTC and compare it with cirBTC circulating supply on each supported chain to confirm that cirBTC circulation does not exceed the underlying BTC reserve. Circle noted that this model is designed to provide institutions with a more transparent wrapped BTC reserve standard, and to support BTC as collateral for on-chain smart contract use cases including lending, trading, and settlement.
A mysterious crypto whale has bought another 343,000 HYPE tokens, bringing its total holdings to 3.24 million HYPE, all of which are staked.
According to Lookonchain’s monitoring, the mysterious whale address 0x6436 has purchased an additional 343,000 HYPE tokens, valued at approximately $29.09 million. As of now, the address has accumulated a total of around 3.24 million HYPE tokens, with a total value of roughly $252 million, and has staked all of its HYPE holdings.
9 minutes ago
The "stock market version of Pokémon GO" meme coin GRASS briefly surged past $13.6 million in market capitalization this morning, hitting a new all-time high.
According to GMGN market data, the Robinhood ecosystem meme coin GRASS briefly surged past $13.6 million in market cap early this morning, hitting an all-time high, and has since pulled back to $8.3 million. It has recorded a 111% 24-hour price increase and a $8.7 million 24-hour trading volume. GRASS combines the internet meme "Touch Grass" with the gameplay of a stock-themed Pokémon GO. The project is officially positioned as a game, where tokenized fractional shares of real stocks (including AAPL, NVDA, TSLA, GME, etc., on Robinhood Chain) "spawn" at the physical locations of their respective companies—such as Apple Stores, GameStop outlets, Tesla showrooms, etc. Users can claim these tokenized stock fractions to their wallets by tapping on them when nearby. BlockBeats reminds users that most meme coins lack practical use cases and are highly volatile; please protect your assets and avoid FOMO.
9 minutes ago
Bitcoin is once again exhibiting characteristics of an "amplified version of gold", though the four-year cycle theory warns that the market still faces downside risks ahead.
Bitcoin has recently re-emerged as a safe-haven asset, hitting a four-month high of $82,262 this week before pulling back to around $79,800. André Dragosch, head of European research at Bitwise, said that amid rising macroeconomic uncertainty and currency devaluation risks, investors are increasingly viewing Bitcoin less as a high-risk tech asset and more as a store of value. Dragosch noted that Bitcoin’s 90-day price correlation with gold is near its highest level in six years. He argued that as macro forces strengthen and currency devaluation risks rise, investors are blurring the lines between Bitcoin and gold, with the cryptocurrency recently acting as an “amplified version of gold”. However, the four-year cycle theory remains a headwind for Bitcoin’s outlook. The theory links Bitcoin’s bull-bear cycles to its halving events. Fidelity projects that if historical cycle patterns hold, Bitcoin’s next bear market bottom could land around November 2026. Alex Thorn, head of research at Galaxy, previously estimated that the baseline scenario for this correction would bottom in the $40,000 to $46,000 range. Chris Kuiper, vice president of research at Fidelity Digital Assets, argued that the four-year cycle is not an exact timing rule, meaning it does not guarantee Bitcoin will decline later this year, and a long-term perspective and holding period have historically been more beneficial for investors.
9 minutes ago
Elon Musk apparently mistakenly assumed an account was hacked. After replying to the post, the token deployed by the hacker plunged to zero.
According to Arkham, Elon Musk reportedly mistakenly replied to a hacked X account. The compromised @shivon account had earlier posted two consecutive posts about the SLINK project, after which Musk responded with a "100" emoji, sparking market speculation that he was backing the token. SLINK’s market cap briefly surged past $40 million before plummeting and gradually "going to zero". The @shivon account has since deleted the related posts, and it is confirmed to have been hacked. Trader Aurelius0121 stated that upon seeing Musk interacting with the @shivon account, he mistakenly believed Musk was supporting a project linked to Musk’s partner, so he bought approximately $250,000 worth of SLINK tokens. However, the token’s price subsequently crashed to zero, resulting in a total loss of his funds. Shivon Zilis (@shivon) is a Canadian tech executive and venture capitalist, currently serving as Director of Operations and Special Projects at Musk’s brain-computer interface firm Neuralink, and is also the mother of multiple of Musk’s children.
9 minutes ago
WSJ: U.S. leverages Nvidia chip commitments to broker a peace deal between Armenia and Azerbaijan.
According to a Wall Street Journal (WSJ) report, people familiar with the negotiations said U.S. negotiators leveraged promises of access to NVIDIA (NVDA.O) artificial intelligence (AI) chips to help broker a preliminary peace agreement between Armenia and Azerbaijan last year. A previously unreported detail is that, to encourage Armenia’s participation in the talks, the U.S. specifically expanded chip procurement approval authority for Armenia’s data center projects. This move stands as one of the most notable cases to date, embodying what U.S. officials term “chip diplomacy”. While the Trump administration had previously used AI hardware in negotiations with the United Arab Emirates (UAE) and Saudi Arabia, the Armenia deal marked the first time the administration publicly deployed such a tactic to facilitate a peace accord. The agreement further deepened the White House’s ties with the world’s largest chipmaker.
9 minutes ago
Galaxy and Wintermute are heavily net-short on Hyperliquid, with their combined short positions exceeding $126 million.
According to monitoring by OnchainLens, two cryptocurrency market-making firms, Galaxy Digital and Wintermute, currently hold significantly bearish positions on Hyperliquid. Wintermute holds approximately $99.82 million in short positions and $5.12 million in long positions, while Galaxy Digital holds around $26.41 million in short positions and $6.21 million in long positions. Combined, the two firms hold roughly $126.23 million in total short positions, compared to just about $11.33 million in long positions. Over the past 30 days, addresses associated with both firms have posted losses: Wintermute lost approximately $15.3 million, and Galaxy Digital lost around $5.96 million.
Bitcoin dropped below $80,000, falling $1,600 in just three minutes, after August jobs data came in far stronger than economists expected, raising the odds of a Federal Reserve rate hike rather than a cut. Bitcoin is now trading at $79,763.95, down 1.4% over 24 hours, while Ethereum sits at $2,461.41 and XRP at $1.41, both negative on the day.
Why Strong Jobs Data Hit Crypto Hard
The US economy added 162,000 jobs in August, nearly tripling the 55,000 expected. Unemployment held steady at 4.1%, in line with forecasts, and July’s job figure was revised up by 43,000, turning that month positive as well.
Normally strong economic data would be welcome news. But in this case, it worked against risk assets. Stronger job growth reduces pressure on the Fed to cut rates, and markets quickly priced in a higher probability of a hike instead, according to Bull Theory. The reaction was swift as $835 billion was wiped out from gold, silver and crypto combined within 25 minutes of the data release.
Trump Calls the Reaction “Crazy”
President Trump weighed in directly on the market’s response, calling it “crazy” that stocks fell after a stronger-than-expected jobs report and describing the reaction as living in a “false reality.”
Trump also called on the Fed to cut interest rates regardless of the strong jobs data, and threatened to “stop trading with countries with which we have a deficit” if the central bank doesn’t act. “The Fed must get smart,” Trump said.
Zcash Bucks the Trend
While most of the market retreated, Zcash stood out with a 13% gain, pushing its price to $1,034.80, making it one of the few major tokens moving higher through the selloff.
Other Pressures Building
The jobs shock lands alongside separate inflationary pressure from energy markets. US national diesel prices hit a record $5.62 per gallon, surpassing the previous high from June 2022, with diesel inventories at a record low for this time of year amid the ongoing Iran war, according to Kobeissi.
What It Means
With the total crypto market cap still sitting at $2.75 trillion despite the pullback, today’s move shows how sensitive risk assets remain to Fed rate expectations, even when the underlying economic news is objectively strong. Whether this proves a short-lived reaction or the start of a deeper repricing may depend on how the Fed responds to both the stronger labor data and mounting political pressure from the White House.
Story Ends Here
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@Ondo has added STRCon to its growing roster of tokenized assets with round-the-clock minting and redemption, giving eligible investors continuous on-chain access to @Strategy's variable-rate Stretch preferred stock, $STRC.
What STRCon Offers
Always-On Infrastructure Keeps Expanding
Most of the platform's catalog, however, remains on weekday-only minting hours, with the always-on set covering a select group of assets.
Sources:
Ondo Finance: Real 24/7 Trading for Tokenized Stocks (Official Blog)
Crypto.news: Saturn Adds Ondo Tokenized Stocks to STRC Products
The Defiant: Ondo Finance Launches 24/7 Minting and Redemption for Tokenized US Stocks and ETFs
The U.S. Securities and Exchange Commission (SEC) has given approval to a rule modification on the Nasdaq that pertains to investment products involving cryptocurrencies. Bitcoin, Ethereum, Solana and XRP were designated as digital commodities by the order that have the exchange’s current eligibility requirements.
The action was made in accordance with SEC Order No. 34-106268. It also provides accelerated approval for Nasdaq Texas, LLC to amend Rule 5711(d). Commodity Based Trust Shares traded on the exchange are subject to the rule.
SEC Expands Crypto Product Framework The adjusted framework introduces an official definition of “digital commodity” in Nasdaq Texas rules. It also allows for some active management techniques involving cryptocurrencies.
The approved changes provide fund managers with additional flexibility, per the latest filing. Products that are eligible for listing may include assets that at the point of listing do not meet all the requirements. The allowance is not more than 15% of a fund’s net asset value.
In the SEC’s order, the agency offered as an example a multi-asset trust. Bitcoin, Ethereum, Solana and XRP are included in the example. All four assets are digital commodities that meet the current relevant criteria, the regulator said.
The transfer may provide asset managers with greater flexibility in their approach to crypto investment products. It also provides a better structure for investors who want to gain exposure to several digital assets.
Bitcoin, Ethereum, Solana, XRP Gain Regulatory Recognition The SEC order comes on the heels of a number of regulatory developments concerning crypto assets. The U.S. regulators have been gradually moving toward a clearer classification of digital assets with the CLARITY Act in focus.
Earlier, a March interpretation from the SEC and Commodity Futures Trading Commission classified Bitcoin, Ethereum, Solana and XRP as crypto commodities. Other tokens in the larger list were Cardano, Avalanche, Dogecoin, Shiba Inu and Chainlink.
The recent approval by the NASDAQ in Texas is not a new federal commodity law. It applies to the listing structure of the exchange. Changing the classification might still affect investment firms’ handling of crypto-based products.
The framework comes on the heels of surging demand for regulated crypto investment products. Spot crypto ETFs have opened up institutional access to digital assets.
There is also increased exposure of XRP via ETFs. The Nasdaq Texas listing puts its trust along with Bitcoin, Ether and Solana in a commodity-based trust framework.
This regulatory change comes ahead of a key period for U.S. crypto legislation. The CLARITY Act will be up for consideration in the Senate later in September. The bill proposes to create a more comprehensive regulatory regime for digital assets.
For regulatory compliant crypto trading, visit our page on Best Regulated Crypto Exchanges in the USA.
Blocks came every 101 milliseconds throughout the outage reported on Friday. The chain's transaction data went missing on Ethereum for exactly 14 minutes, across two gaps. Arbitrum blamed Ethereum's blob market, which fits the second gap and not the first.
Robinhood Chain kept producing blocks through the outage reported on Friday. What stopped was its transaction data reaching Ethereum, for 14 minutes across two gaps.
Posting those batches is what puts Robinhood Chain's data where anyone can reconstruct the chain and check it, and what allows funds to leave for Ethereum. Robinhood Chain posts more of that data than any other network, so a delay in its batches is the largest single interruption the blob market can produce.
Arbitrum said Ethereum's blob market caused the delay. That fits the second gap, which began after the blob price rose past the ceiling Robinhood Chain's poster was bidding. It does not fit the first and longer one, which ran 8 minutes and 36 seconds while Ethereum blocks carried 263 unused blob slots and priced them at 0.0086 gwei against the poster's standing bid of 0.0616.
"Robinhood Chain experienced no downtime," Arbitrum posted at 2:19 p.m. New York time, after posts on X and two crypto outlets reported that the network had stopped producing blocks for around 14 minutes. "Earlier today, Robinhood Chain experienced batch posting delays due to L1 market blob behavior. Direct user transactions experienced no delays. Some infrastructure providers that rely on Robinhood Chain's data stream experienced a brief performance impact due to a high number of feed subscribers. Robinhood Chain remains operational." The post had drawn about 24,500 views, 314 likes and 40 replies within an hour.
Robinhood has published no technical account of the incident and its chain documentation lists no status page.
Blocks Never StoppedRobinhood Chain produced 106,756 blocks between 12:00 and 15:00 UTC, an average of one every 101 milliseconds, according to blocks read from the chain's Blockscout explorer. Block 54,248,341 carries a 12:00:00 timestamp and block 54,355,097 carries 15:00:00, a count consistent with uninterrupted production at that pace.
Blocks inside the window that traders flagged were full of activity. Block 54,266,500 at 12:30:37 UTC carried 19 transactions, block 54,270,000 at 12:36:34 carried 14, and block 54,274,000 at 12:43:21 carried 22. Every block sampled between 12:28 and 12:50 UTC held between 14 and 22 transactions.
Fourteen Minutes Of Missing DataThe delay sits on Ethereum. Robinhood Chain's batch poster, the address 0xDaa5…87F4 identified by L2BEAT, submits blob transactions to the chain's sequencer inbox contract at a median interval of 12 seconds. It went 8 minutes and 36 seconds without posting, from 12:29:47 to 12:38:23 UTC, then went another 5 minutes and 24 seconds silent from 12:42:47 to 12:48:11.
Those two gaps total 840 seconds, or exactly 14 minutes, matching the figure that circulated on Friday as the length of a block-production halt. Across the 18 minutes and 24 seconds between the start of the first gap and the end of the second, the poster landed batches at nine separate moments against the roughly 92 its median cadence implies. Software tracking the chain through its Ethereum batch data rather than its blocks would have seen 14 minutes of nothing arriving.
Across the nine hours from 11:00 to 20:00 UTC, 26 intervals ran 60 seconds or longer, and 19 of them fell between 12:10 and 14:51. The figures come from 2,279 consecutive blob transactions sent by that address, read from Blobscan.
Room Going SpareA Robinhood Chain batch carries three blobs. Ethereum blocks held 21 at most on Friday and no block in a sample of 600 exceeded that, so the test of whether the chain was competing for space is how many blocks had three slots free while its batches were missing.
Through the first gap, 21 of the 29 Ethereum blocks that carried any blobs had at least three slots free, and the window held 263 unused slots in total. The blob base fee averaged 0.0086 gwei and peaked at 0.0152, against the 0.0616 gwei the poster had bid on its last transaction before the gap began.
Measured on EthereumGap 1, 8m 36sGap 2, 5m 24sBlocks with three or more blob slots free72%81%Unused blob slots in the window263223Blob base fee, mean0.0086 gwei0.0625 gweiBlob base fee, peak0.0152 gwei0.0906 gweiRobinhood Chain's standing bid0.0616 gwei0.0616 gweiThe second gap reads differently. The blob base fee averaged 0.0625 gwei through it, above the standing bid, and the batch that ended the gap raised its ceiling to 0.8187 gwei.
Blob price is not the only condition on inclusion. A blob transaction also competes on its execution-layer fee, and block builders sometimes carry fewer blobs than the limit allows to keep blocks propagating quickly. Neither accounts for 8 minutes and 36 seconds of absence across 263 open slots at a twelfth of the price the sender had already offered.
Bidding Its Way BackThe poster's fee ceiling shows what it did once batches began landing again. It bid 0.0616 gwei per unit of blob gas going into the first gap and 0.2463 gwei on the batch that ended it, four times higher, at a moment when the base fee had reached 0.0434. It bid 0.8187 gwei on the batch that ended the second gap and reached 1.4239 gwei at 12:53:59, roughly 10 times the prevailing base fee.
Whether that escalation was the poster responding to a rising market or recovering from a fault of its own is not established by the public record. Robinhood has not said which, and the mempool data that would show whether its batches were broadcast and waiting during the first gap is not publicly retained.
The 21-Blob CeilingBlob space did tighten on Friday, later than the first gap. The blob base fee averaged 0.0055 gwei across the 85 minutes to 12:25 UTC, then climbed to 0.1473 gwei by 12:53:23, 27 times the earlier level.
Ethereum blocks carried an average of 6.92 blobs in the calm period and 11.99 between 12:25 and 13:00 UTC. Eight percent of blocks in that window carried 21 blobs, the most any block held.
At the peak fee, a three-blob Robinhood Chain batch cost about 14 cents to post.
Base Filled The BlocksThe demand that moved the price came from Base. Robinhood Chain's own posting rate held steady: its batch poster sent 476 blobs in the 35 minutes to 11:35 UTC and 477 in the 35 minutes to 13:00 UTC, according to Blobscan.
Base nearly tripled its usage over the same comparison, from 222 blobs to 593, Blobscan data shows. Arbitrum One went from 48 to 135, and total blob supply across all senders rose 59%, from 1,058 blobs to 1,678. Robinhood Chain still accounted for 28% of every blob posted to Ethereum during the crunch and 45% in the calm window before it, more than any other single sender in either sample.
Base's batcher posts six blobs at a time, so it buys more space by posting more often. It submitted a batch every 55 seconds through the morning, then 45 batches in the 10 minutes from 12:30 UTC, one every 13 seconds and four times its morning rate, before settling near one every 30 seconds for the rest of the afternoon.
Traffic on Base is what changed. Its blocks carried an average of 1,428 transactions in those 10 minutes against 174 at 12:20, measured from blocks read through Base's public RPC endpoint. One block held 2,031 transactions; another burned 360 million gas against Base's 400 million gas limit. Base's own base fee left the 0.005 gwei floor it had held all morning, reaching 0.0193 gwei by 12:40.
About 31% of the Base transactions sampled in the 12:40 UTC window went to four unverified contracts that emit no event logs and move no tokens, burning between 54,000 and 144,000 gas each. None carries a public label. One has processed 4.43 million transactions since deployment and recorded a single token transfer, according to Base's Blockscout explorer.
Robinhood and Base did not reply to a request for comment by press time.
What Batches BuyRobinhood Chain's sequencer confirms transactions for users on its own; posting the batches to Ethereum is what puts the data where anyone can reconstruct the chain and challenge it, and what allows funds to leave for Ethereum.
Robinhood operates the chain's only sequencer, and L2BEAT flags a precompile, ArbFilteredTransactionsManager, that lets an authorized filterer register a transaction hash and cause the state transition to fail it, including transactions that were force-included. There is no delay on code upgrades. Users had no alternative route while batches queued.
Software that reads the chain's sequencer feed rather than its blocks, the route Chainstack's open-source decoder takes to see transactions before they execute, saw the degradation, which is consistent with monitoring tools reporting a halt that block data does not show.
Fees Keep ClimbingRobinhood Chain took $4.59 million in chain fees over 24 hours, up 3.1%, according to DefiLlama. Total value locked reached $839.7 million, from $783.1 million a day earlier. DEX volume was $1.69 billion, up 8.6% on the day and 98.2% over seven days.
The chain launched its mainnet on July 1 as infrastructure for tokenized securities, then leaned into memecoins as launch platforms paired them against stock tokens. It passed Solana on tokenized stock volume in late July, overtook Base on daily active users three weeks after launch and topped Ethereum on daily application revenue on Aug. 29.
Arbitrum collects 10% of the chain's fees under its Expansion Program license, split 8% to the DAO treasury and 2% to development funding.
ARB traded at $0.1327, down 5.7% over 24 hours, for a market capitalization of $886.2 million, according to CoinGecko. PONS, the launchpad token native to the chain, was at $0.6903, up 12.8%. ETH traded at $2,457.42, down 2.2%.
Robinhood Chain block data read from the chain's Blockscout explorer; batch posting, blob capacity and blob market data from Blobscan, covering 2,279 blob transactions from the chain's batch poster and 786 Ethereum blocks between 11:00 and 14:00 UTC on Sept. 4. Free-slot counts assume the 21-blob maximum observed across that window and a separate sample of 600 blocks. Base transaction, gas and base fee figures from 10 blocks sampled per 10-minute bucket through Base's public RPC endpoint, with destination contracts counted across 2,899 transactions in the 12:40 UTC window. Fee, TVL and volume figures via DefiLlama and prices via CoinGecko at 19:30 UTC on Sept. 4.
Key Takeaways Ethereum gained approximately 5% on Thursday, climbing to $2,508 and approaching the critical $2,560 resistance threshold Spot Ethereum ETFs in the United States recorded $141.39 million in net inflows on September 3, a sharp turnaround from the previous day’s $48 million exodus Bearish positions were crushed with $82.41 million in short liquidations within 24 hours, dwarfing the $20.76 million wiped from long positions The price surge stemmed from broader market catalysts — diminishing Iran conflict concerns and reduced expectations for Federal Reserve rate increases ETH maintains position above all four major exponential moving averages, with immediate targets set at $2,560 and subsequently $2,600 Ethereum posted a substantial 5% gain on Thursday, September 4, driving the price toward $2,508. This breakout followed an extended consolidation phase confined between $2,400 and $2,560 support and resistance levels.
Ethereum (ETH) Price The upward momentum wasn’t tied to Ethereum-specific developments. Instead, two broader macroeconomic catalysts influenced market sentiment. Initially, emerging reports indicated potential de-escalation in US-Iran tensions, alleviating risk-averse positioning throughout financial markets. Additionally, Federal Reserve Governor Christopher Waller dampened September rate hike speculation, stating “Give disinflation a chance. We can wait one meeting.”
Disappointing employment figures reinforced this dovish outlook. The ADP report revealed US private sector employers added merely 38,000 positions in August, falling short of the 47,000 forecast and marking the weakest performance since January. Market-implied probability of a September rate increase tumbled from 70% to 50%.
Market analyst Ted Pillows (@TedPillows) observed on X that Ethereum reached the $2,550 resistance barrier before encountering selling pressure. He suggested that a weekly closing price exceeding $2,550 might catalyze a move toward the $3,000 threshold.
ETF Capital Flows Stage Dramatic Reversal Following a $48.08 million withdrawal on September 2, spot Ethereum ETF products experienced a significant turnaround. September 3 witnessed net inflows totaling $141.39 million. BlackRock’s ETHA product dominated with $72.07 million in new capital, while Fidelity’s FETH contributed $65.11 million. Grayscale’s ETHE continued bleeding assets with $6.07 million in outflows. Total accumulated inflows across all Ethereum exchange-traded products have reached $13.17 billion.
Source: SoSoValue The correlation between ETF activity and spot market performance remained tight across both sessions, with price movements mirroring fund flow patterns nearly perfectly during both the decline and subsequent recovery.
Bearish Traders Caught in Liquidation Wave Trading volume in ETH derivatives contracts expanded 17.84% to reach $57.18 billion over the 24-hour period. Open interest increased 5.36% to $34.13 billion. Short position liquidations totaled $82.41 million compared with just $20.76 million for long positions — evidence of an aggressive short squeeze.
Source: Coinglass However, the most recent hourly data revealed a shift in dynamics. Long positions suffered $193,090 in liquidations against only $33,200 for shorts, indicating heightened two-way volatility rather than sustained directional momentum.
Ethereum currently trades above all four key exponential moving averages. The 20-period EMA stands at $2,455.94, the 50-period at $2,438.36, the 100-period at $2,363.41, and the 200-period at $2,222.64. The upper boundary near $2,560 has consistently repelled advance attempts since August 27, including a brief spike to $2,555 on August 28 that quickly reversed.
ETF inflows reversed decisively to $141.39 million on September 3, pushing cumulative flows across all US-listed Ethereum investment vehicles to $13.17 billion.
Circle Internet Group Inc (CRCL stock) surged more than 15% to hover above $103 ahead of today’s US jobs data release.
The crypto capitalization rose 4.15% in 24 hours, topping at 2.73 trillion early Friday.
Bitcoin price surged to over $81,000, Ethereum price stood at around $2,524, and XRP price at $1.45. Those gains added force to the demand from companies that are connected to the adoption of digital assets, one of them being the USDC issuer Circle.
US Jobs Data Drops Today; What’s Next for CRCL Stock The August employment report is released at 8.30 a.m. ET, preceding usual US equity markets.
Economists expect 56,000 payrolls, reversing July’s unexpected 23,000 decline. Unemployment level must be at 4.1, with not much momentum in hiring.
🇺🇸US JOBS DATA DROPS TODAY
The Non-Farm Employment Change drops at 8:30 AM ET.
Previous: -23K
Forecast: +56K
After a surprisingly weak July, markets are expecting a rebound in hiring.
This is one of the biggest macro releases for Bitcoin today.
A major miss could strengthen… pic.twitter.com/OoEKBdFqqv
— That Martini Guy ₿ (@MartiniGuyYT) September 4, 2026
Any payroll miss would rekindle expectations of rate cuts and undermine Treasury yields or the dollar.
Nonetheless, a robust reading may boost yields and the dollar, straining speculative assets.
Unemployment of less than 4.0% to some traders is considered bullish, whereas 4.1% can receive a weak response.
REMINDER:
🇺🇸 Unemployment Rate will be released at 8:30 AM ET, right before the U.S. market opens:
If Rate < 4.0% → bullish for markets
If Rate = 4.1% → markets will stay flat
If Rate > 4.2% → bearish for markets
All eyes are on the release today!! pic.twitter.com/2NnO2Z6NDj
— ᴛʀᴀᴄᴇʀ (@DeFiTracer) September 4, 2026
A reading of above 4.2% can provoke growth worries, but less virulent policy anticipations can ameliorate losses.
CLARITY Act Boosts Sentiment Crypto strength favoring Circle is that the USDC activity and reserve economics have a bearing on the earnings.
Circle makes significant profits through interest on reserves in support of USDC, which connects outcomes to rates and circulations.
Greater activity can lead to a greater use of networks and strengthening distribution alliances with the company.
The increased market will enhance transactions, liquidity, and institutional demand of regulated stablecoins.
Another stimulus came in the form of regulatory expectations with the CLARITY Act coming before a Senate vote. A cloture vote is scheduled for September 15 and needs 60 votes.
The bill would not pass the vote, but it would be possible to approve federal market-structure rules.
Better defined SEC and CFTC roles can lead to less uncertainty among exchanges, issuers, and blockchain enterprises.
In the case of Circle, broader regulatory assurance would favor USDC adoption, but distinct regulations currently govern stablecoins. The measure can still be held up by congressional scheduling and policy wrangles.
CRCL Stock Price Outlook: Will Bulls Push Higher? The CRCL stock is being resisted at around $105 and profit taking may commence just after the quick upsurge.
A confirmed break above $105 might reveal $110 and $120 in case the crypto momentum and volume are good.
To maintain the breakout and constructive short-term structure, bulls would need to defend $100.
CRCL stock The next support is around $95 below $100, which also precedes the $88.60 closing area on Thursday.
A drop in volume or rejection that could be below $100 would undermine the setup and promote caution.
Ethereum price rebounded nearly 6% from its 24-hour low to trade near $2,524 on Sept. 4, but the recovery has brought ETH back to a resistance zone that has rejected several breakout attempts.
Summary
Ethereum price recovered from about $2,370 to above $2,520 within 24 hours. The 4-hour RSI rose to 66.87 as ETH approached the upper Bollinger Band. Liquidation clusters sit near $2,540–$2,550 and between $2,485 and $2,490. A weekly close above $2,550 could open a path toward $3,000, according to analyst Ted Pillows. Ethereum price rebounds toward $2,550 According to data from crypto.news, Ethereum (ETH) price was trading around $2,524 at the time of writing, up approximately 5.7% over the previous 24 hours. The rebound followed a fall to roughly $2,370, leaving ETH about 6.5% above its intraday low.
The recovery coincided with a broader crypto rally that lifted Bitcoin above $81,000. US markets also moved higher after Federal Reserve Governor Christopher Waller said he could support keeping interest rates unchanged if inflation continued to ease.
Waller’s comments reduced expectations for a rate increase at the Fed’s Sept. 15–16 meeting. Treasury yields and the US dollar declined as traders adjusted their interest-rate positions.
Weak US employment data added to the shift. The ADP National Employment Report showed private employers created 38,000 jobs in August, below economists’ estimate of about 47,000. The reading gave rate-sensitive assets further room to recover before the official US employment report.
Despite the rebound, ETH has not confirmed a breakout. The price reached an intraday high of approximately $2,547 before returning below $2,550, leaving the same resistance that stopped earlier advances intact.
Whale transfers add supply risk Blockchain tracker Lookonchain reported that one large holder received 167,855 ETH, then began transferring the tokens toward centralized exchanges.
The wallet deposited 70,739 ETH, worth approximately $174 million at the time, into several exchanges over two days. It still held 97,115 ETH, valued at nearly $237 million, when the activity was reported.
Exchange deposits can precede sales, but transfers alone do not prove that every token was sold. The remaining balance also means that reports that the holder fully liquidated the entire 167,855 ETH position are not supported by the available on-chain data.
The transfers nevertheless created a potential source of market supply as ETH struggled around $2,550. Continued deposits could pressure the recovery, particularly if the price loses its short-term support levels.
US spot Ethereum exchange-traded funds have provided another source of demand. The products recorded $141.39 million in net inflows on Sep. 3, according to data attributed to SoSoValue.
Technical indicators favor buyers below resistance The 4-hour ETH/USDT chart shows the price trading at $2,523.79, close to the Bollinger Band’s upper boundary at $2,544.17. The middle band, which tracks the 20-period simple moving average, stands at $2,444.67.
Ethereum price 4-hour chart — Sep. 4 | Source: crypto.news Ethereum’s 4-hour relative strength index has risen to 66.87, while its RSI moving average sits at 50.18. Momentum therefore favors buyers, but the indicator is approaching the 70 level commonly associated with overbought conditions.
A close above the upper Bollinger Band and $2,550 would strengthen the breakout case. The next visible resistance zones would sit near $2,600 and $2,700 before the psychological $3,000 mark.
Failure at $2,550 would keep $2,500 as the first level to watch. Below it, the Bollinger Band midpoint near $2,445 could serve as the next support, followed by the lower band at $2,345.
The daily chart offers a stronger medium-term signal. ETH remains above its Supertrend line at $2,223.45, while Chaikin Money Flow stands at 0.24. A positive CMF reading indicates that buying pressure has exceeded selling pressure over the indicator’s measurement period.
Ethereum price daily chart — Sep. 4 | Source: crypto.news Losing $2,445 would weaken the short-term recovery without ending the broader daily uptrend. A move below $2,345 would place the recent low near $2,370 and the wider $2,300 support area at risk.
Liquidation map puts $2,550 in focus The 24-hour CoinGlass liquidation heatmap shows one of the nearest overhead liquidity concentrations between approximately $2,535 and $2,550. A move through that band could force leveraged short positions to close, adding buying pressure to a confirmed breakout.
Ethereum liquidation heatmap | Source: CoinGlass The strongest nearby downside concentration appears around $2,485–$2,490. Additional liquidation bands are visible near $2,460 and $2,400.
The map therefore places ETH between two close pools of leveraged exposure. A break above $2,550 could trigger a short squeeze, while a fall below $2,490 could accelerate a move toward $2,460.
CoinGlass reported approximately $115 million in ETH futures liquidations over the previous 24 hours. Open interest stood near $34.23 billion, showing that a large amount of leveraged positioning remained in the market after the recovery.
Analysts see $3,000 after a confirmed breakout Analyst Ted Pillows said ETH had tested $2,550 and faced another rejection. He argued that a weekly close above the level could allow Ethereum to move quickly toward $3,000.
Market commentator Lucky also described $3,000 as a possible longer-term target, pointing to a breakout from a descending channel and a successful retest visible on his chart. His projection called for a potential 56% advance, although the forecast depends on ETH retaining its reclaimed trend structure.
I honestly believe $ETH to $3K feels like a matter of time.
Ethereum is the backbone of crypto for a reason. It sits at the center of a massive part of the ecosystem, and when ETH starts moving aggressively, the broader market often follows.
The next few months have the… pic.twitter.com/rgSJP5AOiA
— Lucky (@LLuciano_BTC) September 4, 2026 Neither target is confirmed while Ethereum remains below $2,550. The immediate test is whether buyers can absorb selling around that level without allowing the price to fall beneath $2,490 and the 4-hour Bollinger midpoint.
For US traders, the official August jobs report and next week’s inflation readings could determine whether falling Treasury yields continue to support ETH. Stronger-than-expected data or renewed inflation pressure could restore rate-hike expectations and challenge the rebound.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Iranian media: Missile attack hits US targets in northern Jordan
According to Tasnim News Agency, a source said that a loud explosion was heard in Jordan, and a U.S. target in northern Jordan was hit by a missile.
6 minutes ago
AMC CEO launches fresh attack on Robinhood; MEME token accelerates decline, falling below $40 million
AMC CEO Adam Aron once again targeted Robinhood on X, harshly criticizing the firm for promoting offshore stock tokens on its U.S. website. Aron alleges Robinhood is essentially evading the spirit of securities laws and operating an unauthorized synthetic market. In apparent reaction to the news, MEME has accelerated its decline, falling below $40 million in market capitalization to a current level of $38.82 million, per GMGN data.
6 minutes ago
Trump: Strong jobs data, yet the stock market is falling, and high interest rates are the culprit.
Trump released a post stating: "We just got outstanding jobs data. The market should rally given our improved credit and economic conditions, but as has been the case over the past 25 years, the stock market is falling anyway. This is because we live in a false reality where if things go well, we must 'kill it' out of 'fear' of inflation. It should be the opposite, and that is how things operated until 25 years ago. If we cling to this theory, we will never achieve the real economic prosperity our country deserves, because every time we perform well, foolish people immediately want to halt this positive upward momentum. Growth does not cause inflation! This morning, as soon as I saw these strong jobs numbers, I knew the market should have skyrocketed, but instead it dropped. Our GDP growth rate should be 15% to 20%, not 2%, 3% or 4%; the U.S. should be far more financially robust than it is now. Debt should be repaid, and all sorts of other benefits should be realized. Remember, every one percentage point increase in interest rates costs the U.S. $650 billion annually. We should adopt the lowest interest rates in the world, because we keep everything running and bring massive economic wealth to countries that might otherwise be struggling!"
6 minutes ago
US stocks have maintained low volatility for 25 consecutive days, marking the longest such stretch since May 1992.
According to market data, the CBOE Volatility Index (VIX), the benchmark gauge for U.S. stock market volatility tied to the S&P 500, has closed in the 14 to 17 point range for 25 consecutive trading days — the longest such stretch since May 1992. Over the past 34 years, the only comparable period occurred in 2025, with the streak lasting 24 trading days. Meanwhile, the S&P 500 has not posted a decline of at least -1.0% across 26 consecutive trading days, leaving the market in an unusually calm phase.
6 minutes ago
Hyperliquid will cut the minimum order notional amount for its prediction markets from $10 to $1.
Hyperliquid announced that in its upcoming network upgrade, it will lower the minimum notional amount for outcome orders (prediction market result token orders) from $10 to $1. Meanwhile, deployers will be able to query their remaining quota via the outcomeDeployerLimits information request interface.
6 minutes ago
Anthropic’s strategic deployment of in-house payment technology could erode Stripe’s market share.
Beating AI Express (from Dongcha) reports: Recent job postings reveal that Anthropic is planning to develop more in-house billing, fraud detection, and other financial infrastructure, while evaluating which payment-related services can be built internally instead of relying on external service providers. The postings show Anthropic has not yet finalized decisions on whether to further develop its own tools in areas including payments, billing, and tax processing, or continue procuring solutions from external providers. One senior software engineer position focused on billing requires assisting the company with technical selection: determining which business lines will continue development on external provider platforms, and which scenarios necessitate building their own underlying foundational modules around those external platforms.
Crypto-linked stocks jumped sharply as Bitcoin moved back above $81,000 and Ethereum climbed above $2,500. Strategy (MSTR) led the rally, rising 17.56% to close at $144.82, helped by its latest Bitcoin purchase and bullish Wall Street ratings.
Meanwhile, Bitmine Immersion Technologies (BMNR), one of the largest corporate holders of Ethereum, also surged more than 15%.
Strategy MSTR Stock Jumps 17.5%Sentiment turned bullish after Michael Saylor’s Strategy ended its 10-week buying pause and purchased 4,603 BTC for $370 million.
The company also spent $151.8 million buying back 1,557,177 STRC preferred shares, while $50.7 million went toward STRC dividend payments and another $30 million was added to cash reserves.
Following this, Bitcoin price jumped over 6%, and that gave MSTR stock another boost as investors continued to use the stock for exposure to Bitcoin.
Strategy received another boost from its partnership with Google Cloud, which includes a seven-city U.S. executive forum series focused on enterprise AI and secure database tools. The partnership adds a business growth angle beyond Bitcoin.
Meanwhile, B. Riley Securities raised its MSTR price target to $175, pointing to the long-term value of Strategy’s Bitcoin-focused treasury strategy.
Bitmine (BMNR) Stocks Jump 15% as ETH Price RallyMSTR is not the only crypto-linked stock gaining momentum. Bitmine Immersion Technologies (BMNR) shares jumped 14.70% to close at $26.45 as investors focused on the company’s growing Ethereum holdings.
While Strategy has become the leading corporate proxy for Bitcoin, BMNR is building a similar position around Ethereum. Last week, the company bought 53,501 ETH for $131.3 million, marking its largest purchase push since June.
The latest buying increased Bitmine’s total Ethereum holdings to 5.90 million ETH, bringing its total digital asset and cash holdings to around $15.6 billion. The company is also targeting ownership of 4.9% to 5% of Ethereum’s total circulating supply.
$4B Buyback Plan Adds to BMNR’s MomentumBMNR is also expanding its stock buyback plan. The company approved a fourfold increase in its share repurchase authorization to $4 billion, giving it more room to support its stock while growing its Ethereum treasury.
Its recent uplisting to the New York Stock Exchange has also helped attract deeper institutional liquidity, with its market-to-net asset value (mNAV) ratio currently around 0.94x.
Meanwhile, Ethereum also gained momentum, rising 5.5% to trade above $2,528. The ETH rally, combined with BMNR’s continued buying, is giving investors another reason to watch the Ethereum-focused company.
Story Ends Here
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