Track market-moving stories before they get noisy

Raydium’s native token RAY jumped roughly 61% in 24 hours, vaulting from the $0.80-$0.91 range to above $1.30 as a surge of trading activity flooded the Solana-based decentralized exchange. The catalyst: growing usage tied to the StonkFun launchpad, which integrated with Raydium’s infrastructure and brought a fresh wave of liquidity and speculation to the platform.

Trading volume on Raydium hit approximately $31.8 million during the spike, a figure that reflects just how much attention the launchpad-driven frenzy attracted.

What’s driving the rally The immediate trigger traces back to StonkFun, a Solana-based launchpad that integrated features through Raydium’s LaunchLab. LaunchLab essentially allows new token projects to bootstrap liquidity directly on Raydium’s automated market maker, meaning every new listing funnels trading activity, and fees, through the protocol.

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StonkFun’s own platform token, STONK, reportedly saw multi-hundred-percent gains during the same window, suggesting that speculative momentum around newly launched tokens was feeding directly into Raydium’s ecosystem. Traders chasing the next breakout listing were effectively forced to route through Raydium, boosting both volume and the perceived utility of RAY itself.

The buyback machine behind RAY Beyond the short-term trading frenzy, Raydium has been running a structural tailwind that doesn’t get enough attention. The protocol allocates 12% of its trading fees to fund buybacks of RAY tokens on the open market.

As of late August 2026, those buybacks had removed over 30% of RAY’s circulating supply. When you combine aggressive supply reduction with a sudden demand spike, the price math gets very friendly very fast.

For context, the 12% fee allocation is significant compared to most DeFi protocols, which typically direct the majority of fee revenue to liquidity providers. Raydium’s decision to carve out a dedicated buyback fund signals a deliberate bet that long-term token value appreciation will attract more participants than simply offering the highest yield.

Solana’s DEX landscape heats up The integration with launchpads like StonkFun also highlights Raydium’s positioning as infrastructure rather than just another swap interface. By offering LaunchLab as a toolkit for new projects, Raydium is essentially embedding itself deeper into the Solana token lifecycle. Projects launch on its rails, trade on its pools, and generate fees that flow back into its token.

The STONK token’s explosive gains during this period also carry a cautionary note. Multi-hundred-percent moves in newly launched tokens are exciting on the way up and devastating on the way down. Much of the trading volume driving RAY’s rally could be speculative and short-lived. If StonkFun’s momentum fades, so could the elevated fee revenue and trading activity propping up RAY’s price.

Investors watching this space should pay attention to whether the volume increase is sustained or just a sugar rush. The buyback mechanism provides some structural price support, but 61% single-day moves rarely hold without continued demand. The key metric to track is whether daily trading volume on Raydium stays elevated in the weeks following StonkFun’s integration, or whether it reverts to pre-surge levels.

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

Since the Federal Reserve was created in 1913, the US dollar has lost about 97% of its purchasing power, according to the Bureau of Labor Statistics CPI-U.

A 1913 dollar buys roughly 3 cents’ worth of today’s goods, meaning $1 back then is worth about $33 to $34 in 2026.

What 113 Years of Inflation Actually Looks LikeThat figure is not a slogan. It reflects the official price index compounded over 113 years, through two world wars, the Great Inflation of the 1970s, and the 2021-23 spike. The 1971 end of gold convertibility accelerated the dollar’s stretch, and cash left idle was quietly taxed by inflation the entire time.

“Check out the biggest, kosher ponzy scam in recent history. The US dollar has lost 97% of its purchasing power since the Federal Reserve was created in 1913. A $3 item in 1913 would cost $100 today,” one user said on X.

Follow us on X to get the latest news as it happens.

The US Dollar Has Lost 97% of Its Value Since 1913. Source: Federal Reserve Bank of MinneapolisBitcoin was designed in response to that system: a 21 million-coin cap paired with a declining issuance schedule. It did not exist in 1913, so the comparison is not one-for-one. As a store of value, though, its record since 2009 has been extreme in both directions.

Early buyers saw their purchasing power explode. Later buyers, by contrast, endured drawdowns of 50% to 80% within single cycles.

As of early September 2026, Bitcoin trades near $79,852, well below its October 2025 peak of $126,080. Since its inception, the token’s price has soared more than 59,000%, and over full market cycles, it has beaten cash and often beaten gold.

Bitcoin (BTC) Historic Price Performance. Source: BeInCryptoInside any single cycle, though, it can erase years of gains within months — the trade-off inherent to a scarce, non-yielding, narrative-driven asset.

How Institutional Access Changed the StoryUtility has reshaped Bitcoin’s role since then. Spot Bitcoin ETFs, approved in the United States in 2024, turned a bearer asset into a ticker that pensions, RIAs, and balance-sheet allocators can hold without managing private keys.

Those products have accumulated $55.62 billion in cumulative net inflows as of September 4, according to SoSoValue data, with total net assets across the category reaching $101.25 billion, equal to roughly 6.33% of Bitcoin’s entire market cap.

Adoption remains incomplete in several respects. Volatility stays high, regulation varies widely across jurisdictions, and energy and custody risks are real and unresolved. The US dollar still clears most global trade, prices most debts, and pays most wages worldwide. Bitcoin has not replaced that role as a unit of account.

What Bitcoin has done is offer savers an exit from a currency that official statistics say lost 97% of its purchasing power since 1913. Whether that exit functions as a genuine reserve asset, pure speculation, or some combination of both depends heavily on the investor’s time horizon.

Cash loses value slowly and predictably. Bitcoin can lose value fast, sometimes dramatically so, but over the long run, it has, so far, compounded gains faster than either cash or gold.

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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.

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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.

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Arbitrum (CRYPTO: ARB) continued its strong rally and is nearing its highest level this year, helped by the ongoing Robinhood (NASDAQ:HOOD) Chain momentum. ARB jumped to $0.2051, up by nearly 200% from its lowest point this year, with its market capitalization hitting $1.2 billion. 

Robinhood Chain is Gaining MomentumIn a year defined by a broader crypto winter, Robinhood Chain has emerged as one of the industry’s biggest breakout stars. Launched in July, it has become the fastest-growing layer-2 chain in the crypto space, with most of its key metrics surging.

Data compiled by DeFi Llama shows that nearly 200 dApps in decentralized finance (DeFi) have been launched on the chain. These dApps, led by Morpho Blue, Steakhouse Financial, Uniswap, and Lighter, have accumulated over $908 million in total value locked (TVL).

The same growth is happening in the stablecoin industry, where the supply, led by USD Coin (CRYPTO: USDC). Its stablecoin supply has jumped to $964 million, and the surge is continuing. Also, the DEX and Real World Asset (RWA) volume have continued rising this month. 

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As a result, Robinhood Chain’s fees have continued rising, reaching over $21 million this month. This is important for Arbitrum because Robinhood Chain is built using its technology. As a result, Arbitrum Foundation is making substantial sums of money since it takes a 10% cut for all transaction fees. It has made over $2.1 million this month after making $710k last month. 

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This growth has helped to curb Arbitrum’s weakness, which saw its DEX volume and stablecoin supply drop. Arbitrum’s total value locked dropped to $1.25 billion from $3.7 billion at its highest point last year, while its chain fees fell to just $1.2 million last quarter. 

Arbitrum Price Prediction: Technical AnalysisARB price chart | Source: TradingView

The daily chart shows that the ARB token formed a strong bottom at $0.0708, its lowest level in June, July, and August. That was a sign that bears were hesistant to open trades below that price. 

Arbitrum token then rebounded and crossed the important resistance at $0.1497, its highest point on May 9 this year. It has soared above the 50-day moving average, a sign that bulls have prevailed.

The risk, however, is that the token has become overbought, with the Relative Strength Index (RSI) moving to 84. It is also forming a shooting star candlestick, which often leads to a reversal. If this happens, the token may retreat to the key support level of $0.1497.

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Image: Shutterstock

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

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Rating: 3.5/5

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Hall Effect keyboards used to be a niche reserved for keyboards costing upwards of Rs 15,000-20,000, built primarily for competitive gaming. That's changed over the last couple of years, and EvoFox's Ronin HS65 is one of the more affordable attempts to bring magnetic switch technology to a wider audience.

Priced at Rs 3,999, it packs adjustable actuation, Rapid Trigger and a gasket-mounted 65% layout into a wired keyboard aimed at gamers who want faster, more precise input without spending on a premium keyboard.

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The Ronin HS65 isn't trying to be a do-it-all productivity keyboard. It's built around its Hall Effect switches and the customisation that comes with them, while still offering a compact layout that works reasonably well for everyday typing and office use.

We used it for writing, spreadsheet work, video calls and several gaming sessions to see how it holds up outside of a marketing sheet.

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Design

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The Ronin HS65 takes the 65% layout playbook and runs with it. A compact 66-key layout that discards the numpad and function row but retains a dedicated cluster of arrow keys, plus Delete, Page Up, Page Down, Home, and End keys stacked on the right edge. It suits people who want the compactness of a smaller board without sacrificing navigation keys entirely.

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Build-wise, the keyboard uses an ABS plastic body with what EvoFox calls a gasket-mounted structure, meant to add a bit of flex and cushioning under each keystroke rather than having the plate sit rigidly against the case.

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In hand, the board feels reasonably solid for its price bracket, without the hollow, clattery feel that cheaper mechanical keyboards sometimes have. At 558g and roughly 324 x 115 x 42mm, it's compact enough to fit into a bag without being a hassle, and heavy enough to stay put on a desk during normal use.

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The keycaps are PBT rather than the more common ABS found on keyboards in this price range, which typically means less shine developing on frequently used keys over time. Legends are printed in yellow on black keycaps, with secondary legends underneath for media controls, Mac modifier keys, and lighting shortcuts. The keyboard supports both Windows and Mac layouts, with modifier key legends printed for both.

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A metallic volume knob sits in the top right corner, doubling as a physical control that's genuinely more convenient than reaching for on-screen sliders or dedicated media keys buried under an Fn layer. The RGB lighting lights up individual keys distinctly enough that per-key customisation and effects are apparent rather than just a wash of colour bleeding from underneath.

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Typing experience

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For a keyboard whose main selling point is gaming performance, typing on the Ronin HS65 doesn't feel like an afterthought. The Hall Effect switches feel smooth through their travel, without the scratchiness that sometimes shows up on lower-cost mechanical switches.

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Because Hall Effect switches use a magnet and a sensor rather than a physical metal contact, they don't rely on debounce delay the way traditional switches do, which shows up as consistent, predictable key registration during long typing sessions.

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The dual-layer sound dampening brings the sound down from what you'd expect from a plastic-bodied board with no foam. It's not silent, and there's still a distinct mechanical clack, but it doesn't have the tinny ping that cheap boards can produce when the case is hollow.

Over a few hours of writing, the sound stayed on the pleasant side of "audible" rather than becoming a distraction on calls.

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The keyboard's gaming-first design shows up in typing at the actuation point. Out of the box, the default actuation feels close to a standard mechanical switch, and the keyboard is comfortable enough for regular typing at that setting.

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It's only when you start adjusting actuation and bring it down that mistyping starts creeping in, since keys register with the lightest touches.

For day-to-day writing, we found leaving actuation closer to the middle of that range worked better than chasing the lowest possible setting.

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Gaming and Hall Effect features

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This is where the Ronin HS65 is meant to earn its keep. Hall Effect switches read the exact position of a magnet as the key is pressed, rather than simply registering an on/off contact, which is what makes features like adjustable actuation and Rapid Trigger possible.

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EvoFox states an actuation accuracy of 0.005mm, which in practice means the keyboard can pick up extremely small movements and lets you set exactly how far a key needs to travel before it counts as a press.

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In fast-paced games, lowering the actuation point makes a genuine, noticeable difference. Strafing and rapid taps in shooters feel quicker to register than on a standard mechanical keyboard at rest, since the key doesn't need to travel as far before the input reaches the game.

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Rapid Trigger takes this further by having the key reset the moment you start releasing it, rather than waiting for it to return fully to its resting position, so back-to-back taps on the same key (which is useful for counter-strafing or rapid movement corrections) feel noticeably snappier once you've spent some time adjusting to it.

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The keyboard's advertised polling rate range, from 125Hz up to 8000Hz, gives some headroom for players chasing lower input latency, though most players won't consciously feel the difference between the higher polling rates outside competitive, frame-perfect scenarios.

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What's more tangible is the 16K key scanning rate paired with full anti-ghosting across all keys, which meant multiple simultaneous key presses, including diagonal movement plus an ability key plus a mouse click equivalent combo, registered accurately during testing without dropped inputs.

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Snap Tap and Dynamic Keystroke, both software-configurable features tied to the magnetic switches, extend what the keyboard can do beyond simple actuation adjustment. Snap Tap prioritises whichever of two opposing movement keys was pressed most recently, useful for quick direction changes in movement-heavy games.

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Dynamic Keystroke lets a single key perform different actions depending on how far or how quickly it's pressed. These features take setup time before they feel natural, and they're unlikely to matter much for anyone not playing competitively, but they are functional rather than just marketing bullet points.

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Software and connectivity

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EvoFox uses web-based software for the Ronin HS65 rather than a dedicated desktop app. This keeps things lightweight and avoids installing another background app, though it does mean you need an internet connection and a browser open to make changes.

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Through it, you can remap keys, program macros, adjust actuation and Rapid Trigger settings per key, set up RGB effects, and save multiple profiles, which are then stored in the keyboard's on-board memory so settings carry over even on a system without the software installed.

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The RGB lighting itself, with 18 effects on offer, is serviceable rather than a major draw. It looks good enough in low light and is customisable through the same software, but for most people it will end up set once and largely ignored during actual use, gaming or otherwise.

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The Ronin HS65 connects over a wired USB interface using a 1.8m braided cable, with a small cable organiser included for routing it around a monitor stand or desk clutter. It doesn't offer wireless connectivity, so this isn't a keyboard for anyone specifically looking to cut cables, but the braided cable itself is a small, appreciated touch.

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The keyboard supports Windows, macOS and Linux, with Fn shortcuts to switch between Windows and Mac key mapping, which is a helpful inclusion if you regularly move between operating systems or share the keyboard across machines.

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Verdict

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The web-based software, plastic build and lack of a numpad for Rs 3,999 are trade-offs worth making, but it’s good to know before you buy. The aggressive actuation settings also need some tuning to prevent accidental presses during normal typing.

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Overall, the Ronin HS65 brings real Hall Effect features like adjustable actuation, Rapid Trigger, Snap Tap and Dynamic Keystroke to a price point where they're rarely found, backed by solid typing feel and useful gaming customisation.

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This keyboard suits gamers who want to experiment with magnetic switches without paying premium prices.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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WOO X, the crypto trading platform acquired by FusionX Digital late last year, is facing mounting user complaints over withdrawals that have been stuck in limbo for days. On-chain investigator ZachXBT amplified the concerns on September 6, drawing attention to a pattern of transactions frozen in “pending” or “processing” status for more than three days, with some reportedly canceled outright.

The timing is, to put it mildly, not great. FusionX Digital is linked to Sheldon Xia, the founder of BitMart, an exchange that announced on July 26 it would cease operations and restructure. BitMart users were left unable to access their funds. Now a platform under the same ownership umbrella is exhibiting eerily similar symptoms.

What users are experiencing ZachXBT’s alert highlighted an increasing volume of complaints from verified WOO X users, painting a picture of an exchange where getting money out has become unreliable.

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WOO X eventually responded later on September 6, acknowledging the situation publicly. The platform said it was investigating individual cases and evaluating its systems. It attributed some delays to manual review processes and ongoing blockchain processing.

The exchange encouraged affected users to reach out to official support channels with transaction details. It also warned users not to share account credentials.

No timeline was provided for resolution. No specifics were offered about the security of user funds.

The FusionX Digital and BitMart connection WOO X changed hands in the fourth quarter of 2025 when FusionX Digital completed its acquisition. FusionX Digital’s ties to Sheldon Xia connect WOO X to a lineage that now includes a failed exchange.

BitMart suffered a roughly $200M hack back in December 2021. The July 2026 announcement that BitMart would cease operations and restructure left users who had funds on the platform locked out.

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

Ripple has added former Reserve Bank of India Governor Raghuram Rajan to the opening program for Swell 2026, its annual conference focused on payments, digital assets and financial infrastructure.

Summary

Raghuram Rajan will open Ripple Swell week during an invitation-only institutional summit on October 27. Swell 2026 runs from October 27 through 29 at The Shed in Manhattan, New York. Ripple will combine Swell and XRPL Apex for the first time across three conference stages. Organizers expect more than 1,500 attendees, 75 speakers and 50 sessions across the three-day program. Rajan co-leads a Federal Reserve task force reviewing costs and benefits of balance sheet policy. The company announced on Sept. 4 that Rajan will participate in the Institutional Summit on Oct. 27. The invitation-only gathering will open Swell week before the wider conference program runs through Oct. 29.

Swell 2026 will take place at The Shed in New York City. Ripple is combining Swell with its developer-focused XRPL Apex conference for the first time, bringing institutional finance and XRP Ledger development into one event.

Ripple has not disclosed Rajan’s discussion topic, session time or appearance format. The event website lists him as a speaker but does not indicate whether he will deliver a keynote, join a panel or participate in a moderated discussion.

Swell week starts October 27 with the Institutional Summit.

Joining us: Raghuram Rajan, former governor of the Reserve Bank of India, professor of finance at Chicago Booth, and co-leader of the Federal Reserve’s Balance Sheet Policy task force.

Request an invitation:… pic.twitter.com/lRxIJiCMAr

— Swell (@RippleSwell) September 4, 2026 Ripple Swell begins with an institutional summit The Institutional Summit is scheduled for Oct. 27 and requires prospective attendees to request an invitation. Ripple is positioning the program toward representatives of banks, asset managers, payment companies and other financial institutions.

Rajan brings experience spanning central banking, international finance and academic research. He led the Reserve Bank of India from September 2013 until September 2016 and previously served as chief economist of the International Monetary Fund.

He is currently the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Ripple’s official lineup identifies Rajan by his academic position.

His addition gives the summit a direct central banking perspective as financial institutions examine stablecoins, tokenized assets and blockchain-based settlement. However, Ripple has not said whether Rajan will address any of those specific subjects.

The speaker announcement also does not indicate that Rajan is advising Ripple, endorsing XRP or supporting any company product. His confirmed involvement is limited to participating in the conference program.

Rajan also co-leads a Federal Reserve policy review Rajan’s appearance comes as he serves as one of three external leaders of the Federal Reserve’s Balance Sheet Policy task force. Harvard professors Karen Dynan and Jeremy Stein are the other leaders.

The Federal Reserve established the group to examine the costs, benefits and institutional consequences of its current balance sheet regime. The central bank said the task force would operate independently with support from Federal Reserve staff.

Its findings are intended for the Federal Open Market Committee. The group is one of five task forces examining areas including monetary policy communication, inflation frameworks, economic data, productivity and employment.

Rajan’s position on the task force does not make him a Federal Reserve official or policymaker. He serves as an external adviser alongside other economists, former central bankers and business leaders.

The task force role nevertheless adds a current U.S. monetary policy connection to his Swell appearance. The Federal Reserve’s balance sheet affects bank reserves and financial-market liquidity, subjects that overlap with institutional discussions about new settlement infrastructure.

No official source has connected Rajan’s Federal Reserve work with his participation at Swell. Any suggestion that his appearance represents Federal Reserve involvement in Ripple’s conference would therefore be unsupported.

Swell 2026 combines institutional and developer programs Ripple expects more than 1,500 people to attend Swell 2026. The organizer is advertising more than 75 speakers and over 50 sessions across three stages.

Those figures are conference projections and may change before October. Ripple continues to add speakers, while the complete session-by-session schedule has not yet been published.

The 2026 program will combine Swell and XRPL Apex. Swell has traditionally focused on institutional payments, regulation and capital markets. XRPL Apex has centered on developers, researchers and companies building on the XRP Ledger.

Bringing the events together gives institutional participants access to technical sessions while allowing developers to hear directly from banks, exchanges and market-infrastructure providers.

The announced subjects include stablecoins, tokenization, payments, exchange-traded funds, decentralized finance, privacy, artificial intelligence, quantum computing and XRP Ledger development.

The combined Swell and XRPL Apex program will also feature actor and Water.org co-founder Matt Damon. Ripple previously named Damon as a keynote speaker but has not disclosed the subject or timing of his address.

Ripple’s lineup spans banking, markets and technology Ripple CEO Brad Garlinghouse, President Monica Long and CTO Emeritus David Schwartz are included in the speaker lineup. Their session topics have not all been published.

Other listed speakers include Bullish Chairman and CEO Tom Farley, Tradeweb CEO Billy Hult and Susquehanna Crypto CEO Chase Lax. BNY Global Head of Markets Laide Majiyagbe and Intercontinental Exchange executive Michael Blaugrund are also scheduled to participate.

Robinhood’s crypto business will be represented by Johann Kerbrat. The roster also includes Jenny Just, co-founder of financial technology company PEAK6, and Gary White, CEO and co-founder of Water.org.

The official speaker page lists Nasdaq Chair and CEO Adena Friedman, New York State Department of Financial Services official John Melican and U.S. Representative Ritchie Torres. Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets, is also listed.

Participants from the XRP Ledger ecosystem include representatives of the XRPL Foundation, XRPL Commons and related development organizations. Academics from Chicago Booth, Columbia, Cornell, Carnegie Mellon, Wharton and several European universities appear on the roster.

Their inclusion does not indicate endorsement of Ripple or its products. It reflects the range of speakers that Ripple has scheduled for discussions across finance, policy and blockchain development.

The complete Swell agenda remains pending The next confirmed step is publication of the detailed conference agenda. Ripple still needs to disclose Rajan’s session title, timing and format.

The same uncertainty applies to several other announced speakers. Conference listings confirm their planned participation but do not reveal what they will discuss.

Swell 2026 begins with the Institutional Summit on Oct. 27. The main conference and XRPL Apex sessions will continue through Oct. 29 at The Shed, located in Manhattan’s Hudson Yards district.

Standard registration is listed through Oct. 5, followed by a final registration period ending Oct. 20. Access to the Institutional Summit is handled separately through an invitation request.

Rajan’s participation adds a former central bank governor and current Federal Reserve task force adviser to Ripple’s expanding lineup. The substance of his appearance will become clearer once Ripple publishes the full agenda.

TLDR: HYPE price holds near $85.45 after BHYP added $10.5 million in tokens, ending a four-day pause in purchases by Bitwise clients. Bitwise has accumulated $166.3 million in HYPE since BHYP launched, making the fund the largest HYPE ETF by reported size. Hyperliquid bought and burned 9,730 HYPE worth about $829,500 in one day, extending lifetime burns to 48.42 million tokens. The ETF purchase adds regulated spot demand, while fee-funded burns permanently shrink supply and leave $88.06 as nearby resistance. HYPE price traded near $85.45 as Bitwise clients resumed purchases through the BHYP fund. The product added $10.5 million in HYPE on Friday after recording no purchases for four consecutive days. Arkham data identifies the transaction as BHYP’s largest daily addition since a $23.2 million purchase on August 27.

Total acquisitions have now reached $166.3 million since launch, placing BHYP above rival HYPE products by size. Meanwhile, Hyperliquid bought and burned 9,730 HYPE worth about $829,500 within 24 hours. The two flows pair renewed regulated demand with a steady reduction in the token’s available supply during market strength.

Hyperliquid (HYPE) Price HYPE Price Finds Support From Bitwise ETF Accumulation BHYP’s renewed activity ends a brief pause that followed several weeks of institutional accumulation. Friday’s $10.5 million purchase represents about 123,000 HYPE at prices near $85.27. The estimate shows the scale of demand entering through one regulated product.

Bitwise launched the spot Hyperliquid ETF in May, offering investors indirect exposure to the Hyperliquid token. The fund also stakes a large portion of its holdings through Bitwise’s internal infrastructure. Staking can add token rewards, although the structure carries operational, liquidity and slashing risks.

Arkham’s figures place cumulative purchases at $166.3 million since launch. That total makes BHYP the largest HYPE ETF by reported size. It also signals that the four-day buying gap did not mark a clear end to client demand.

BITWISE IS BUYING HYPE AGAIN

Bitwise’s BHYP clients didn’t buy any HYPE for 4 days straight. On Friday they bought $10.5M, the biggest day for BHYP since buying $23.2M on August 27.

Bitwise has now bought $166.3M since launch, making it the LARGEST HYPE ETF. pic.twitter.com/l8J01rwinf

— Arkham (@arkham) September 5, 2026

The purchase came while HYPE price held near the upper end of its recent range. Market data placed HYPE price near $85.45, up about 1.5% over 24 hours. HYPE also traded roughly 3% below its $88.06 record, reached on September 3.

Friday’s session ranged from about $83.73 to $86.15. Buyers therefore absorbed weakness below $84 before lifting the token back above $85. Immediate resistance sits near $86.15, followed by the record zone between $87.66 and $88.06.

A sustained move above that area would establish fresh price discovery. Conversely, weakness below $83.70 could expose the September 2 area near $80.25. The ETF purchase offers measurable spot demand, but HYPE price direction still depends on broader trading flows.

Hyperliquid Burns $830,000 While Token Supply Contracts Onchain Lens data shows Hyperliquid acquired and burned 9,730 HYPE during the latest 24-hour period. The tokens carried an average purchase price of $85.27 and a combined value near $829,500. Network documentation states that the assistance fund permanently removes all HYPE from both circulating and total supply.

Lifetime burns have reached 48.42 million HYPE, based on the tracker. At the current HYPE price, those tokens would carry a market value near $4.14 billion. The removed amount equals about 4.84% of the original one-billion-token maximum supply.

HYPERLIQUID BURNS $830K HYPE IN 24 HOURS

Hyperliquid bought and burned 9.73K $HYPE (~$829.5K) over the past 24 hours at an $85.27 average price.

Lifetime:

· 48.42M $HYPE burned
· ~$4.14B at current value
· 4.84% of max supply permanently removed pic.twitter.com/SsqxWR2wRt

— Onchain Lens (@OnchainLens) September 6, 2026

This mechanism links activity on Hyperliquid with recurring market purchases. Trading fees support assistance-fund buying, while each burn reduces the number of issued tokens. Higher platform activity can therefore increase the pace of purchases without creating a fixed schedule.

The latest daily burn is small beside the token’s circulating supply. Still, repeated removals can matter over longer market periods, particularly when ETF demand absorbs additional coins. Friday’s BHYP purchase was almost 13 times larger than the reported 24-hour burn in dollar terms.

The current setup shows two verifiable flows operating together. BHYP provides regulated accumulation, while Hyperliquid’s fee mechanism removes token supply permanently.

The latest burn alone does not automatically raise market valuation because demand, liquidity and broader risk appetite also shape trading. BHYP shares also differ from direct token ownership and carry product-specific fees and risks.

HYPE price now sits between nearby support and its recent record. A break above $88.06 would confirm that buyers have cleared the latest supply area. Holding above $83.70 would preserve the short-term rebound structure established after Friday’s intraday decline.

Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

4 minutes ago

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.

4 minutes ago

A prominent crypto trader forecasts Bitcoin will trade in a range, and favors buying on a dip.

Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.

4 minutes ago

U.S. Special Envoy Concludes Negotiations with Zelenskyy

Ukrainian President Volodymyr Zelenskyy announced that the first meeting between Ukrainian and U.S. negotiators has concluded. U.S. Special Envoy Steve Witkoff said he was encouraged by the substantive, meaningful discussions. Jared Kushner, son-in-law of former U.S. President Donald Trump, stated that the U.S. team expects to achieve more progress. (Jin10)

4 minutes ago

Arbitrum and Solana co-founders once again debate transaction costs: Steven emphasizes MEV protection, while Toly questions transaction fees and spreads.

Arbitrum co-founder Steven Goldfeder and Solana co-founder Toly have engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model. Steven argued that surface-level fees alone should not be compared, noting that Arbitrum One and Robinhood Chain proactively prevent front-running and most malicious MEV, while some chains claiming lower fees carry higher MEV costs—including front-running targeting retail users. He stated he would rather pay clear, upfront fees than incur hidden losses from front-running, sandwich attacks, and other issues just to secure lower fees. Toly countered that Arbitrum currently has worse bid-ask spreads and higher fees. He explained that the 10% cut it takes from fees, when converted to basis points, already exceeds the sandwich attack loss rate—estimated to be roughly 10 times that rate—without even accounting for spread impacts. He emphasized: “A single sequencer that prioritizes maximizing shareholder value will never outcompete permissionless competition.”

4 minutes ago

WOO X exposed for abnormal withdrawals, multiple users report their withdrawals stuck in 'pending' or 'processing' status.

On-chain detective ZachXBT has issued a community alert, reporting that over the past three days, multiple verified WOO X users have complained their withdrawals remain stuck in "pending" or "processing" status. As of the time of his post, WOO X has not released a statement on the matter. WOO X was incubated by Kronos Research and acquired by FusionX Digital in the fourth quarter of 2025. ZachXBT pointed out that FusionX Digital is reportedly linked to BitMart founder Sheldon Xia. ZachXBT also noted that BitMart announced on July 26, 2026, it would cease operations and restructure, leaving users unable to access millions of dollars in trapped funds, with complaints rising steadily on the X platform. Sheldon Xia only issued a vague statement asserting user assets are secure, but these claims have not been independently verified.

4 minutes ago

Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

4 minutes ago

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.

4 minutes ago

A prominent crypto trader forecasts Bitcoin will trade in a range, and favors buying on a dip.

Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.

4 minutes ago

U.S. Special Envoy Concludes Negotiations with Zelenskyy

Ukrainian President Volodymyr Zelenskyy announced that the first meeting between Ukrainian and U.S. negotiators has concluded. U.S. Special Envoy Steve Witkoff said he was encouraged by the substantive, meaningful discussions. Jared Kushner, son-in-law of former U.S. President Donald Trump, stated that the U.S. team expects to achieve more progress. (Jin10)

4 minutes ago

Arbitrum and Solana co-founders once again debate transaction costs: Steven emphasizes MEV protection, while Toly questions transaction fees and spreads.

Arbitrum co-founder Steven Goldfeder and Solana co-founder Toly have engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model. Steven argued that surface-level fees alone should not be compared, noting that Arbitrum One and Robinhood Chain proactively prevent front-running and most malicious MEV, while some chains claiming lower fees carry higher MEV costs—including front-running targeting retail users. He stated he would rather pay clear, upfront fees than incur hidden losses from front-running, sandwich attacks, and other issues just to secure lower fees. Toly countered that Arbitrum currently has worse bid-ask spreads and higher fees. He explained that the 10% cut it takes from fees, when converted to basis points, already exceeds the sandwich attack loss rate—estimated to be roughly 10 times that rate—without even accounting for spread impacts. He emphasized: “A single sequencer that prioritizes maximizing shareholder value will never outcompete permissionless competition.”

4 minutes ago

WOO X exposed for abnormal withdrawals, multiple users report their withdrawals stuck in 'pending' or 'processing' status.

On-chain detective ZachXBT has issued a community alert, reporting that over the past three days, multiple verified WOO X users have complained their withdrawals remain stuck in "pending" or "processing" status. As of the time of his post, WOO X has not released a statement on the matter. WOO X was incubated by Kronos Research and acquired by FusionX Digital in the fourth quarter of 2025. ZachXBT pointed out that FusionX Digital is reportedly linked to BitMart founder Sheldon Xia. ZachXBT also noted that BitMart announced on July 26, 2026, it would cease operations and restructure, leaving users unable to access millions of dollars in trapped funds, with complaints rising steadily on the X platform. Sheldon Xia only issued a vague statement asserting user assets are secure, but these claims have not been independently verified.

4 minutes ago

Hyperliquid [HYPE] is heading into a major supply event, with core contributors set to receive another large chunk of HYPE tokens.

According to the Tokenomist data, on the 6th of September, contributors released just 0.19%, worth $36.56 million, far below the intended 2.32% scheduled allocation.

This gap matters because Hyperliquid faces another 9.92 million HYPE release on the 6th of October, valued near $860 million, representing nearly 3.9–4.5% of the circulating supply.

Needless to say, this creates a substantial risk of dilution if contributors claim and sell heavily.

Source: Tokenomist Moreover, the price of these new tokens is significantly larger than the average daily spot volume. Essentially, this means heavy distributions could cause a tremendous decrease in market liquidity, ultimately putting downward pressure on the price.

However, the September scheduled supply may not reach markets immediately. Therefore, contributor wallet activity will help determine if the 6th of October token distribution causes true selling pressure or another small token distribution.

Bitwise adds $10.5M in HYPE demand While October introduces a potential supply increase, institutional demand is already building another side of HYPE’s liquidity equation. After four days without purchases, Bitwise’s BHYP clients bought $10.5 million in HYPE on on the 4th of September.

With each purchase averaging approximately $85 per token, this totals approximately 123,500 HYPE. Cumulative purchases by the BHYP investor base total $166.3 million.

As such, however, the $10.5 million spent on HYPE by BHYP investors on Friday equates to less than one percent of the 9.92 million tokens set to be unlocked as part of Hype’s October schedule.

Source: Arkham The difference here illustrates how BHYP cannot handle the headline unlock by itself should heavy contributions from participants occur. However, continued institutional demand will likely create softer incremental selling rather than eliminating it.

Furthermore, BHYP inflows would strengthen that buffer, while stalled purchases would leave market liquidity carrying more of the burden.

HYPE burns add another layer of demand The demand supporting HYPE extends beyond outside buyers. This is because Hyperliquid’s trading activity also creates continuous token purchases.

In the last 24 hours, $859,500 in fees generated $823,800 in HYPE-directed revenue as of writing. In turn, this funded purchases of 9,730 tokens.

Those tokens, worth $829,500, were bought near $85.27 before being permanently burned. This mechanism matters because every burn removes purchased HYPE rather than simply shifting tokens between holders.

Source: OnChain Lens According to OnChain Lens, lifetime removals of HYPE have reached 48.42 million HYPE. This accounts for only 4.84% of the 1 billion max HYPE token limit. Although current burns cannot match major unlocks anytime soon, they do continually lower the available pool of HYPE tokens over time.

Thus, increasing trade volume could provide a faster way for HYPE to continue growing internal demand by institutions.

Final Summary Hyperliquid [HYPE] faces a 9.92 million-token October unlock, with actual contributor claims determining the scale of supply pressure. Bitwise demand and Hyperliquid burns provide absorption but remain too small to offset heavy contributor distribution alone.

A United Kingdom resident has recovered bitcoin now valued at about $4.5 million, more than thirteen years after losing access to his holdings following the collapse of a now-defunct exchange.

Investment lost in early exchange closureKnown publicly only as Chris due to privacy concerns, the investor initially bought bitcoin worth approximately £1,500, then about $2,000, from Britcoin in December 2011. During that period, bitcoin traded below $4 per coin. Britcoin was among the very first UK-based cryptocurrency exchanges and later rebranded as Intersango. The exchange closed operations at the end of 2012 and was fully shut down by early 2014, leaving Chris unable to retrieve his digital assets or access his account.

Chris watched bitcoin’s dramatic price growth from the sidelines, believing that his investment was lost forever. He reflected on the emotional impact of seeing the price surge while holding out little hope of recovery.

“The most painful part was watching Bitcoin’s value skyrocket and realizing what that money could have meant for my family,” he explained.

At the time Chris lost access, his bitcoin was worth about $5,400, a significant sum for his household, especially as he had a young family and a recently purchased home.

He described the experience as “financially crushing,” particularly during an important phase in his family’s life.

Tracing and reclaiming the missing bitcoinRecovery efforts gained momentum when Chris enlisted CEL Solicitors, a UK law firm specializing in financial disputes and asset recovery, along with The Crypto Tracing Experts, which uses blockchain tracing tools. The team identified a digital wallet containing over 5,500 BTC linked to former Intersango customers—a sum currently valued at about $421 million.

CEL Solicitors confirmed that Chris’s claim was successful, enabling him to recover his portion of the funds, now valued close to $4.5 million, with bitcoin trading around $76,500.

Ryan Sweetnam, director of financial litigation at CEL, emphasized that claimants needed detailed documentation stretching back nearly fifteen years, including bank records and evidence of ownership. The process was complex and required precise verification of historical data.

CEL Solicitors noted that other former Intersango users may also be eligible for recoveries if they can provide similar proof.

Chris stated he intends to use part of the recovered wealth to help his son pay off his mortgage and to settle his own outstanding debts.

He added that he plans to hold onto some of the reclaimed bitcoin but admitted uneasiness about potential volatility and evolving cryptocurrency regulations.

“Part of me wants to hold onto some Bitcoin in case it appreciates further, but that also makes me anxious about potential losses,” he said.

This case highlights how digital assets lost nearly a decade ago through early exchange failures can sometimes be recovered with modern blockchain tracing and legal support.

Mini dictionary: Intersango – A former UK-based cryptocurrency exchange, originally launched as Britcoin, which ceased operations following regulatory and financial difficulties, leading to lost customer assets.

YearBTC PriceChris’s Bitcoin Value2011 (Purchase)<$4$2,0002012 (Exchange fails)Approx. $12Approx. $5,4002026 (Recovery)$76,500$4,500,000Disclaimer: 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.

Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto.

A dozen addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more than 16 years of dormancy, according to onchain data reviewed by Cointelegraph.

Whale Alert, a blockchain transaction tracking platform, said the 600 BTC came from rewards mined across 12 Bitcoin blocks and that its research found no connection to Nakamoto, the pseudonymous creator of Bitcoin.

“None of the blocks can be connected to Satoshi based on our research,” a spokesperson for Whale Alert told Cointelegraph, tempering speculation around the origins of coins mined while Bitcoin’s pseudonymous creator was still active.

Whale Alert traces all 12 mining block rewardsWhale Alert traced all 12 rewards to Bitcoin blocks mined in March 2010, when each block paid a 50 BTC block subsidy. The subsidy has since been cut in half four times, most recently in April 2024, when it fell from 6.25 BTC to the current 3.125 BTC per block.

The findings expand on Whale Alert’s earlier analysis of seven of the rewards. It said in an X post on Sunday that those seven originated from blocks it had determined were not mined by Nakamoto.

The mining blocks and addresses for the 12 dormant Bitcoin rewards. Source: Whale Alert

Lookonchain, an onchain analytics platform, had also initially identified seven miner wallets that moved 350 BTC after 16.5 years of inactivity, saying the wallets earned the coins through mining in March 2010.

Satoshi-era doesn’t mean Satoshi’s BitcoinThe movement attracted attention partly because the coins date to a period when Nakamoto was still actively involved with Bitcoin.

Nakamoto remained involved in Bitcoin development and communications through 2010 before gradually withdrawing from the project, with their last known communication dating to April 2011.

One of the 12 addresses received a 50 BTC mining reward on March 5, 2010, and moved the coins to a new address on Sept. 5, 2026. Source: Blockchain.com

Whale Alert noted that one reward moved several blocks before most of the others, saying the pattern was consistent with a test transaction before the remaining transfers.

Magazine: BTC will hit $1M by 2030... but Arthur Hayes is buying ETH instead

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

2 hours ago

Crypto analyst Willy Woo has published a post stating that Bitcoin is significantly decoupling from the U.S. stock market, with the last instance of such a high degree of decoupling occurring in 2015 — the prelude to Bitcoin’s 2017 bull run. In 2014, the stock market remained in a bull market, while BTC experienced a bear market unrelated to stock market trends. From 2015 to 2016, the stock market fluctuated weakly for two consecutive years, yet BTC entered a bull market; then in 2017, when the stock market also turned bullish, BTC surged even more sharply. Willy Woo believes the current market landscape mirrors that period: Bitcoin’s liquidity is continuing to strengthen, while the stock market is starting to show signs of fragility.

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Bitcoin hovered near $79,900 on Sunday, September 6, positioning itself within close range of a key resistance zone at $80,500. Market participants are watching for signs that the recent weekend rebound can persist, with the risk of a reversal if buyers fail to overcome nearby selling pressures.

Short-Term Resistance and Support LevelsTechnical strategist Kaz, known for crypto market analysis, identified $80,497 as an important resistance level in Bitcoin’s current trading range. According to Kaz, the latest upward move occurred on relatively low trading volume, while fresh buying interest has appeared close to $78,500.

Kaz described a base scenario in which Bitcoin attempts to break through the $80,500 to $80,800 zone. If this area rejects price advances, the market could retrace toward $78,500, which has emerged as a support zone.

The chart marks $80,497 as a significant rejection level. A failure to close above this threshold may confirm a bearish short-term outlook, with $78,562—the monthly open—serving as a potential fallback support.

A broader demand area stretches below $78,562, toward approximately $78,000, which Kaz considers a likely location for renewed buying interest if that level is defended. In such a scenario, any pullback could be viewed as a healthy reset within Bitcoin’s ongoing recovery rather than the start of a deeper corrective phase.

Kaz notes that the bullish structure relies on buyers holding the $78,000 to $78,500 range, which would keep $83,000 to $84,000 targets viable. Conversely, breaking below that support would undermine the continuation case and expose Bitcoin to more substantial downside risk.

If the support zone is maintained and demand returns, potential upside remains in play, with $83,000 to $84,000 cited as medium-term targets. However, a decisive drop through $78,000 supports would weaken this bullish thesis and could open the door to further declines.

Liquidity Concentrations Shape BTC OutlookRecent order book analysis reveals several dense liquidity clusters positioned above Bitcoin’s current price, with significant bands observed between $80,300 and $82,500. Additional concentrations are found around $83,000 and just above $83,500, creating possible targets if resistance is breached.

Kaz’s analysis suggests that these liquidity clusters could attract price momentum should Bitcoin break through $80,500, bringing the $81,000 to $82,500 range into focus ahead of the larger $83,000-$84,000 zone.

Important downside liquidity areas also persist, with notable levels near $78,000 and $77,500. A more substantial base of liquidity sits lower between $74,000 and $76,000, signaling where the market could find support if the current recovery stalls.

LevelTypeRange$80,500-$80,800ResistanceImmediate$83,000-$84,000Upside TargetMedium-Term$78,000-$78,500SupportShort-Term$74,000-$76,000Downside LiquidityLower SupportThis environment places special emphasis on the $78,000-$78,500 support zone. Holding this level preserves the current structure and bolsters the case for another push toward $80,500 resistance. A failure to maintain this area would shift attention to lower liquidity bands and weaken the outlook for continued upward movement.

Bitcoin’s next move now depends on which boundary falls first: the resistance area between $80,500 and $80,800 or the support zone from $78,000 to $78,500. A strong climb above resistance could accelerate movement toward higher liquidity near $83,000-$84,000, while a breakdown would increase the risk of a deeper correction.

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.

6 minutes ago

A prominent crypto trader forecasts Bitcoin will trade in a range, and favors buying on a dip.

Well-known trader Killa stated in a post that BTC typically enters a consolidation phase after every sharp rally or pullback. Having experienced a strong rally, he forecasts the market will move into a range-bound period next. With the current trend having turned bullish, he leans toward going long on dips. He stressed that this does not rule out shorting at the highs of the consolidation range, but such trades are counter-trend operations and require corresponding adjustments to position sizes.

6 minutes ago

U.S. Special Envoy Concludes Negotiations with Zelenskyy

Ukrainian President Volodymyr Zelenskyy announced that the first meeting between Ukrainian and U.S. negotiators has concluded. U.S. Special Envoy Steve Witkoff said he was encouraged by the substantive, meaningful discussions. Jared Kushner, son-in-law of former U.S. President Donald Trump, stated that the U.S. team expects to achieve more progress. (Jin10)

6 minutes ago

Arbitrum and Solana co-founders once again debate transaction costs: Steven emphasizes MEV protection, while Toly questions transaction fees and spreads.

Arbitrum co-founder Steven Goldfeder and Solana co-founder Toly have engaged in a debate over on-chain transaction fees, MEV protection, and the single sequencer model. Steven argued that surface-level fees alone should not be compared, noting that Arbitrum One and Robinhood Chain proactively prevent front-running and most malicious MEV, while some chains claiming lower fees carry higher MEV costs—including front-running targeting retail users. He stated he would rather pay clear, upfront fees than incur hidden losses from front-running, sandwich attacks, and other issues just to secure lower fees. Toly countered that Arbitrum currently has worse bid-ask spreads and higher fees. He explained that the 10% cut it takes from fees, when converted to basis points, already exceeds the sandwich attack loss rate—estimated to be roughly 10 times that rate—without even accounting for spread impacts. He emphasized: “A single sequencer that prioritizes maximizing shareholder value will never outcompete permissionless competition.”

6 minutes ago

WOO X exposed for abnormal withdrawals, multiple users report their withdrawals stuck in 'pending' or 'processing' status.

On-chain detective ZachXBT has issued a community alert, reporting that over the past three days, multiple verified WOO X users have complained their withdrawals remain stuck in "pending" or "processing" status. As of the time of his post, WOO X has not released a statement on the matter. WOO X was incubated by Kronos Research and acquired by FusionX Digital in the fourth quarter of 2025. ZachXBT pointed out that FusionX Digital is reportedly linked to BitMart founder Sheldon Xia. ZachXBT also noted that BitMart announced on July 26, 2026, it would cease operations and restructure, leaving users unable to access millions of dollars in trapped funds, with complaints rising steadily on the X platform. Sheldon Xia only issued a vague statement asserting user assets are secure, but these claims have not been independently verified.

6 minutes ago

ZEC分红Meme代币ZCAT市值短时突破1.19亿美元续创新高，24小时涨超353%

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.

6 minutes ago

1 hours ago

12 Bitcoin addresses dormant for over 16 years moved a total of 600 BTC on September 5, worth approximately $48 million. The BTC all originated from mining rewards in March 2010, when Satoshi Nakamoto was still active on the Bitcoin network. Whale Alert stated that the 600 BTC came from mining rewards of 12 Bitcoin blocks, and no connection between these addresses and Satoshi Nakamoto has been found. Earlier, Lookonchain had identified 7 of these miner wallets, which moved 350 BTC after remaining dormant for roughly 16.5 years. Whale Alert also noted that one of the block rewards was transferred several blocks ahead of most other transactions, a pattern consistent with conducting a test transaction before executing the remaining transfers.

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Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin's fourth parabolic phase remains valid.

The return of the archived forecast coincided with the cryptocurrency's push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall Street veteran's repost directly indicates that the asset's multi-year bullish trend remains intact.

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In the original post from June 2019, when Bitcoin was trading at only around $10,000, Brandt predicted a target of $100,000. Based on Factor LLC's charts, the analyst with 45 years of experience showed that no traditional asset — including Apple, Amazon, Netflix and gold — could replicate the cryptocurrency's cyclical performance. 

Bitcoin weekly log chart showcasing historical parabolic advances and trend channels, Source: Peter Brandt via TradingViewHistorical data recorded gains of 20x, 489x, 42x and 93x in Bitcoin's previous cycles, respectively.

Driven by institutions, not retail: why Bitcoin's 2019 parabolic model still works in 2026.In September 2026, the chart returned to the spotlight because of the structure of BTC's price action. The weekly logarithmic chart shows that the current price is compressed near the lower boundary of the historic ascending channel, repeating a phase of broad accumulation.

Institutional support is the clearest difference between the current phase and the market conditions of 2019. Seven years ago, the parabola was fueled purely by speculation and retail investor sentiment.

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Today, the channel's stability is supported by major funds and systematic capital inflows through spot ETFs. Because of its enormous market capitalization, Bitcoin will struggle to deliver its previous 100x returns — the effect of diminishing returns — but the logarithmic trajectory itself remains unchanged.

Brandt's model remains a key benchmark for the market, confirming that the parabolic scenario remains valid as long as the critical support lines hold.

The path to new highs will not be linear. However, as long as the lower boundary of the trend holds, Bitcoin will continue to play its own game — one that simply has no equivalent in the history of global finance.

Controversial media figure and conspiracy theorist Alex Jones has issued a stark warning to cryptocurrency holders, claiming that governments may attempt to seize digital assets such as XRP if global financial pressures intensify further.

Jones advises caution, denies price predictionIn a recent video posted on X, Jones emphasized that he was not making any specific price predictions for XRP and disclaimed expertise in the cryptocurrency sector. “I am not predicting what XRP is gonna do. I am not involved in this market. I am not an expert on [it],” he stated, reiterating that his comments were not intended as financial guidance for XRP holders.

While distancing himself from making projections, Jones referred to prior discussions among authorities in the United States and Europe. He recalled claims suggesting that regulators had explored ways private financial assets could be impacted in the event of a major banking collapse.

Jones warned that in a systemic crisis, “We are going to start grabbing your cryptocurrencies. We’re going to grab your bank accounts. We’ll grab your house.”

He insisted that his remarks were not an attack on XRP or Bitcoin and described cryptocurrencies as “great.” Instead, he portrayed his warning as a cautionary message about what governments might pursue during economic upheaval.

“We are in the age of the system going down, and that’s what the establishment is going to try,” Jones said in the video.

Government powers and bank failure frameworksJones’s concerns appear linked to the established legal frameworks that US and European authorities use to manage failing banks. The Federal Deposit Insurance Corporation (FDIC) in the United States has wide authority to resolve the collapse of FDIC-insured banks, but explicitly states that crypto assets are not covered by federal deposit insurance.

In the European Union, the Bank Recovery and Resolution Directive (BRRD) lays out procedures for restructuring banks in crisis situations. Covered customer deposits, however, are shielded from so-called “bail-in” actions, which only affect assets above certain protected limits.

Mini dictionary: Bank Recovery and Resolution Directive (BRRD), an EU regulation establishing protocols for authorities to manage failing banks by enabling loss absorption and restructuring, while protecting certain customer deposits from losses.

Prominent XRPL validator and ecosystem contributor Vet challenged Jones’s assertions, questioning why existing legal frameworks were being depicted in such an alarming way. On X, Vet wrote, “Alex, why this sensationalism?” and argued that the FDIC has not declared any power to seize private cryptocurrencies or personal property.

“If an insured bank fails, the FDIC covers qualifying deposits up to $250,000 per depositor and category. Everything the bank itself owns gets sold to pay creditors,” Vet stated.

Vet noted that uninsured deposits exceeding the standard insurance limit can be at risk, but this does not include digital assets stored in self-custody wallets. He clarified that cryptocurrencies such as XRP, when held outside banking institutions, are not considered bank deposits and would not become part of an FDIC receivership if a traditional bank fails.

Asset TypeFDIC CoverageAt risk in bank failure?Bank deposit (≤ $250,000)InsuredNo (Covered)Bank deposit (> $250,000)Uninsured portionYes (Potential loss)Cryptocurrency in bankNot insuredYes (If custodied by failed bank)Cryptocurrency self-custodyNot insuredNo (Outside bank receivership)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.

XRP ETF inflows hit $159 million, Venice Token rises 73% from July low

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The Bank for International Settlements has published a working paper presenting a proof of concept that anchors official statistics to their source using the XRP Ledger. The paper, “Verifiable official statistics: a blockchain-based approach,” was released on 2 September 2026 and describes a method for binding statistical datasets to cryptographic fingerprints recorded on-chain, so a user can confirm both who issued a dataset and that its figures are unchanged.

How the Proof of Concept Works The approach builds on SDMX, the standard the BIS and other international organisations use to exchange statistical data and metadata. For each published dataset — and, where needed, each individual time series — the authors compute a cryptographic fingerprint. A single summary value covering a batch of datasets is then recorded on the XRP Ledger, where it is timestamped and cannot subsequently be altered. The published file carries everything needed to check it, including a digitally signed credential identifying the publisher, so verification requires the file alone plus one lookup on the ledger. The authors also provide an open-source reference implementation.

Speed and Cost of the System In the prototype, publishing takes three to five seconds and verification one to two seconds, fast enough for interactive use and for automated systems that consume data in real time. The authors caution that these figures describe a proof of concept rather than a hardened production system. The cost analysis finds on-chain fees are negligible once modest batches are used, since a single ledger entry can cover thousands of datasets, leaving ordinary processing and storage as the dominant costs. The authors derive an optimal batch size to balance cost efficiency against the delay that batching imposes on urgent releases.

Why Verifiable Statistics Matter BIS researchers frame the work as a response to a longstanding problem: trust in published data is essential for evidence-based policymaking, yet datasets are normally distributed without an easy way to prove they have not been tampered with. Because only fingerprints — never the underlying data — are placed on-chain, the method adds verifiability without exposing confidential figures. The proof of concept places the XRP Ledger among the public blockchains being tested for institutional use, alongside growing institutional XRP participation in regulated futures markets and Ripple’s institutional custody and tokenization efforts.

AUTHOR

Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.

A wave of speculation about the possibility of a BlackRock-backed XRP exchange-traded fund (ETF) has surged on X, following claims that such a move could propel the XRP price to $100 almost instantly. The discussions were sparked by crypto influencer XRPMoonWalk, who referenced possible key dates and linked the scenario to ongoing speculative theories within the XRP community.

XRP enthusiast ties ETF filing to $100 price targetIn a recent post on X, XRPMoonWalk asserted that an XRP spot ETF filing by BlackRock “today or tomorrow” may trigger a rapid price increase for XRP, setting a $100 target. The influencer mentioned a 35-hour window for this alleged development, while acknowledging the speculative nature of the claim.

XRPMoonWalk also cited another X user, Seer, whose post referenced “XRP Mr Pool: $100 9/5.” This statement appears to draw a connection between the $100 price target, the date September 5, and cryptic messages from an account known as Mr Pool. For many in the XRP community, Mr Pool is notable for cryptically posting dates and symbols that followers try to interpret as predictions related to XRP or broader market movements.

Despite the attention these posts receive, no concrete evidence exists that Mr Pool or similar influencers possess insider knowledge about XRP’s future or upcoming ETF applications.

Mini dictionary: Mr Pool, an anonymous figure on X (formerly Twitter), is known among cryptocurrency circles for sharing cryptic messages that many in the XRP community attempt to decode as hidden forecasts or signals about market events.

Key dates and community speculationWithin the same discussion, XRPMoonWalk remarked that if no official development takes place on September 5, another significant event could happen on September 11. These dates have circulated within the speculative corners of the XRP community, with figures like Bearableguy also frequently referenced as supposed sources of insider predictions.

The influencer emphasized that these ideas remain personal beliefs, not established facts. XRPMoonWalk suggested that BlackRock may have already submitted an application for an XRP ETF but could withhold a public announcement for now. However, there is no verifiable proof of such an application or any deliberate delay in its disclosure.

Within the XRP community, numerous users continue to parse cryptic messages and theorize about dramatic price action, yet there is no confirmed evidence supporting the existence or concealment of a BlackRock XRP ETF filing.

BlackRock’s current stance on XRP ETF productsBlackRock, recognized as the world’s largest asset management company, plays a leading role in the development of digital asset ETFs, having already launched both Bitcoin and Ethereum spot ETF products. However, the firm’s potential involvement with an XRP ETF remains unsubstantiated and is based entirely on online speculation.

CoinMarketCap recently reported that several firms, including Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree, have amended their XRP ETF applications. BlackRock has not appeared among these asset managers in any capacity related to an XRP ETF filing.

Asset ManagerXRP ETF Filing StatusGrayscaleAmended filingBitwiseAmended filingCoinSharesAmended filingBlackRockNo filingEarlier industry reports have also indicated that BlackRock does not have any publicly-disclosed plans to launch a U.S. spot XRP ETF at this time, despite persistent rumors and calls for such a product among XRP holders.

The assertion that a BlackRock ETF application could send XRP to $100 remains highly speculative, as there is currently no indication from the company or market regulators that such a move is imminent.

The latest round of predictions and referenced dates within the XRP community are speculative and not based on official announcements or verifiable information from BlackRock or regulatory authorities.

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 Takeaways Ripple has entered a multi-year sponsorship with the University of Florida Athletics, featuring XRP branding at Ben Hill Griffin Stadium for approximately $5 million annually The token currently hovers between $1.41 and $1.45, representing a 48% decline from its $2.79 peak in early September 2025 The University of Florida partnership is strictly a marketing initiative with no XRP purchase, storage, or payment components August 2026 saw XRP spot trading volumes reach a six-month peak, with Binance processing more than $7.26 billion Technical analysts remain divided: certain chart formations echo patterns that led to a 650% surge in 2024, while others view recent movements as temporary corrections Ripple has secured prominent XRP branding placement at Ben Hill Griffin Stadium in Gainesville, Florida, through a newly established multi-year agreement with University of Florida Athletics. The arrangement, valued at approximately $5 million per year, kicked off with the September 5 matchup against Florida Atlantic.

XRP branding is now visible on both 25-yard lines within the stadium, across the Gators’ digital platforms including their website and social channels, and throughout event-related signage. Additionally, Ripple has committed to supporting financial literacy and technology education initiatives for student-athletes and the broader university community.

Each Saturday during football season, millions of viewers will encounter the XRP brand through televised broadcasts. As Ripple markets payment solutions to financial institutions, widespread brand recognition could facilitate business development efforts.

However, the sponsorship arrangement includes no provisions that would directly influence XRP’s market value. The University of Florida Athletics department has not indicated plans to accept XRP for ticketing, merchandise purchases, or charitable contributions. The university will not hold any funds in XRP, and no vendor transactions will be processed using the token.

Previously in July 2026, Ripple established a five-year agreement with the Kansas Jayhawks, placing XRP patches on athletic uniforms throughout their sports programs. The following month witnessed XRP dropping below the $1 threshold.

Technical Pattern Generates Interest XRP is currently positioned around $1.41, reflecting approximately 35% growth throughout the past month. This upward movement has attracted attention from technical analysts who observe similarities between the present chart formation and a pattern that emerged in 2024, immediately preceding a 650% price surge.

XRP Price Technical experts have outlined potential price objectives at $1.30, $1.90, $2.80, and $3.40 should historical patterns repeat themselves. Trader CW8900 highlights a recent price correction that found support near the 0.5 Fibonacci retracement level, with the asset subsequently surpassing the 0.618 threshold and establishing a subsequent extension objective around $2.13.

Cryptocurrency analyst Ali Charts shared on X that XRP has been developing an expansive ascending triangle formation on monthly timeframes spanning nearly ten years. He designated $3.66 as the critical resistance threshold, noting that a monthly candle close above this level would validate a breakout scenario and trigger a technical price target approaching $60.

XRP BULL MARKET TARGET: $60

For nearly a decade, $XRP has been forming a massive ascending triangle on the monthly chart.

The $3.66 resistance level is the key barrier. A monthly close above it would confirm the breakout and activate a technical target near $60. pic.twitter.com/RpAnbER9cv

— Ali Charts (@alicharts) September 5, 2026

Consensus remains elusive among market analysts. Some characterize XRP as remaining within a corrective retracement phase inside a $1.10–$1.38 support range, with no definitive bottom yet confirmed.

Blockchain Metrics XRP spot market trading volumes achieved a six-month peak during August 2026. Binance independently processed over $7.26 billion in volume, while Upbit and Bithumb similarly registered heightened trading activity.

Approximately 500 million XRP tokens departed from Binance throughout this timeframe, driving monthly average exchange holdings to levels not observed since early 2024. Market analysts view these outflows as indicators of long-term accumulation behavior.

XRP has tracked alongside the wider cryptocurrency market rally combined with anticipation surrounding a potential Federal Reserve rate pause, with the 37% monthly appreciation occurring ahead of the Florida sponsorship disclosure.