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.
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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.
Somewhere out there, a miner (or miners) who earned Bitcoin when it was essentially worthless just moved 600 BTC that had been collecting digital dust since around 2010. At current prices, that stash is worth tens of millions of dollars. Whale Alert, the blockchain tracking service, identified the movement across 12 separate mining block rewards, each containing the original 50 BTC coinbase reward from Bitcoin’s earliest days.
The natural first question: is this Satoshi? The answer, according to Whale Alert’s analysis, is no. None of the 12 blocks show any connection to the patterns associated with Bitcoin’s pseudonymous creator.
Ghost coins come back to life Each of the 12 blocks dates back to roughly 2010, when Bitcoin mining could be done on a regular laptop and the price hovered somewhere between fractions of a penny and a few dollars. The 50 BTC reward per block was standard at the time, before Bitcoin’s first halving in 2012 cut that reward in half.
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The blocks appear to belong to anonymous individual miners rather than any known entity. What makes this movement notable is the sheer duration of dormancy. Sixteen years of inactivity followed by a sudden transfer raises eyebrows across the crypto community every single time it happens.
A pattern, not an anomaly This isn’t an isolated incident. On September 6, seven addresses tied to early miners moved a combined 350 BTC, valued at approximately $28 million at the time. That transaction followed the same playbook: coins from Bitcoin’s earliest era suddenly transferring to new, unlabeled addresses.
The key detail in both cases is where the coins went. They didn’t land on exchange deposit addresses. Instead, the transfers routed to fresh wallets with no known exchange affiliation. When dormant Bitcoin moves to an exchange, it typically signals intent to sell. When it moves to a new cold wallet, it looks more like housekeeping.
Throughout 2026, substantial amounts of early-era Bitcoin from wallets dating to the 2011-2014 period have also shown signs of reactivation. The cumulative effect is a steady drip of ancient coins waking up, creating a broader trend that on-chain analysts have been tracking closely.
Why dormant Bitcoin movements spook the market Even when the data suggests no selling intent, these movements carry psychological weight. The fear is straightforward: if early holders who accumulated Bitcoin at negligible cost start selling, the supply shock could pressure prices downward. A single miner from 2010 sitting on a few hundred BTC has a cost basis of essentially zero.
For traders watching on-chain flows, the distinction between exchange-bound transfers and wallet-to-wallet consolidation is critical. The former is a sell signal. The latter is closer to a vote of confidence.
That said, the mere visibility of these transactions can influence short-term sentiment. When Whale Alert flags a multi-million-dollar transfer from a dormant wallet, it gets amplified across social media within minutes. Traders who don’t dig into the destination details may react reflexively, creating brief volatility that has nothing to do with actual selling pressure.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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.
This week was a whirlwind of activity in the cryptocurrency world. From Bitcoin’s fluctuating fortunes to Strategy’s controversial sale, the past few days have been nothing short of eventful.
Let’s dive into the top stories that made headlines.
Bitcoin’s Uncertain FutureCrypto analyst Benjamin Cowen has suggested that the Federal Reserve should consider raising rates at its Sept. 16 decision. This comes after a strong jobs report pushed rate hike odds back to 60%. Cowen believes that the August jobs print essentially reversed what Fed Governor Waller said Thursday, after Waller’s comments had briefly made a hold seem more likely.
Read the full article here.
Strategy Inc. CEO Phong Le defended the company’s decision to sell roughly 7,000 Bitcoin near the market’s lows. Le called the sale “minuscule” and signaled that Strategy could keep buying even if Bitcoin reaches $100,000, $130,000 or higher.
Read the full article here.
American Bitcoin’s First AnniversaryEric Trump celebrated the first anniversary of American Bitcoin Corp. going public. Trump reiterated the company’s vision of making the U.S. a "leader" in the Bitcoin economy. The company now holds 8,300 BTC on its balance sheet and runs a fleet of nearly 90,000 miners.
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Read the full article here.
Strategy’s Reserve CapitalMichael Saylor highlighted that Strategy Inc. now has more “Total Reserve Capital” than any other financial-services company in the S&P 500 index except Berkshire Hathaway Inc.
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Read the full article here.
SEC’s New Crypto RulesSEC Chair Paul Atkins said that the agency’s new cryptocurrency regulation proposal aligns with the agency’s belief that the CLARITY Act will be enacted into law. Atkins believes this is the “most historic step” taken to modernize cryptocurrency regulations.
Read the full article here.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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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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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.
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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)
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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.
For the first time since December 2024, the total open interest in altcoin perpetual futures has eclipsed Bitcoin’s. The crossover, tracked by Coinalyze data, marks a notable structural shift in how traders are positioning themselves across crypto markets.
Open interest measures the total number of outstanding derivative contracts that haven’t been settled.
What the numbers look like The market capitalization of altcoins outside the top ten has climbed above $200 billion, representing a gain of more than 10% since the start of September.
Bitcoin continues trading above $80,000.
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One standout example: ZEC’s open interest surged to a record $2.4 billion in early September, with $34 million in short liquidations triggered as its price pushed past $1,000.
The historical pattern traders should remember Analysts have observed that liquidation events tend to accelerate when aggregate OI approaches roughly 4.42% of total market capitalization. At that threshold, the amount of leveraged exposure relative to the underlying market value becomes fragile enough that a sudden move can unwind positions rapidly.
Noted trader Ted has commented on the potential for altcoin outperformance during this phase, while also flagging the elevated risk profile.
The last time altcoin OI exceeded Bitcoin’s, in December 2024, the crossover was followed by a period of sharp corrections in several mid-cap tokens, even as Bitcoin itself held relatively steady.
Why this time feels different, and why it might not be The growth in altcoin market cap outside the top ten also suggests this isn’t purely a derivatives-driven phenomenon. Spot buying appears to be participating alongside futures activity.
The ZEC example is telling. A $2.4 billion OI figure for a single altcoin represents an enormous amount of leveraged exposure. The $34 million in short liquidations that accompanied its price crossing $1,000 was painful for bears, but a reversal at those OI levels could be equally brutal for longs.
What’s worth watching closely is whether the OI-to-market-cap ratio continues climbing toward the levels that historically triggered liquidation cascades.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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.
Quick Summary Friday’s August CPI reading could influence the Federal Reserve’s decision on a potential September interest rate increase following robust employment figures August employment numbers came in at 162,000 new jobs, significantly exceeding the anticipated 55,000 Oracle delivers quarterly results on Thursday; stock has declined almost 20% year-to-date amid balance sheet worries Diesel fuel reaches unprecedented $5.85 per gallon, fueled by Middle East tensions and ongoing Russia-Ukraine hostilities Apple prepares to launch the iPhone 18 Pro lineup and a foldable device during Wednesday’s presentation Market participants are preparing for an action-packed week dominated by critical inflation metrics, significant corporate earnings announcements, and escalating energy expenses that could influence trading activity.
The headline event arrives Friday with the release of August’s Consumer Price Index figures. Following last month’s employment surge of 162,000 positions—far surpassing the projected 55,000—market watchers are questioning whether inflation trends will prompt the Federal Reserve to implement a rate increase in September.
Under Chairman Kevin Warsh’s leadership, the Fed has maintained its commitment to price stability. Inflation metrics have persistently exceeded the central bank’s 2% benchmark for approximately five years.
“Price stability is not self-executing, nor is inflation necessarily mean-reverting,” Warsh said. “It is the Fed’s job to deliver stable prices.”
Market expectations for a September rate adjustment stand at approximately even odds entering the week. Thursday’s Producer Price Index release will provide preliminary insights ahead of Friday’s consumer inflation data.
Source: Forex Factory Oracle Earnings Under the Microscope The corporate calendar’s marquee event Thursday features Oracle’s quarterly earnings announcement. The technology giant’s stock has tumbled nearly 20% in 2025 and approximately 30% over the trailing twelve months. Investor anxiety centers primarily on the substantial debt Oracle has accumulated to finance its aggressive data center expansion strategy.
Despite recent headwinds, Bank of America analyst Tal Liani maintains an optimistic outlook entering the earnings release. His projections include 25% sequential growth and 116% year-over-year expansion in infrastructure-as-a-service revenue. He anticipates Cloud SaaS revenue advancing roughly 12.8% for the reporting period.
“We favor the risk/reward of Oracle,” Liani wrote, noting that Wall Street may not be fully pricing in the company’s revenue growth potential tied to data center milestones.
Adobe is also scheduled to report Thursday, its first earnings since a recent leadership transition. Macy’s announces results the same day, offering insights into current consumer spending patterns.
Diesel Hits a Record High American diesel prices climbed to an unprecedented $5.85 per gallon on Friday, surpassing the prior peak of $5.816 established in June 2022. Ongoing Iranian conflicts have disrupted refined petroleum product shipments from the Persian Gulf region, while Ukrainian strikes targeting Russian refining facilities have diminished output from a major global diesel supplier.
Domestic distillate inventories have fallen to historically low levels for this period, with East Coast reserves at unprecedented lows. This supply crunch arrives as northeastern states approach the winter heating demand season.
“Record diesel will start funneling down into the economy,” said Patrick de Haan of GasBuddy.
Apple conducts its annual product showcase Wednesday, where analysts expect the company to introduce the iPhone 18 Pro, Pro Max, and a foldable iPhone model. The event marks the first major product debut under newly appointed CEO John Ternus.
Additional retail earnings from Casey’s General Stores, American Eagle Outfitters, and Kroger will complete the week’s corporate reporting schedule.
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.
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.
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.
Alex Jones, a US-based media personality known for his controversial commentary, has claimed that governments and major financial institutions have selected XRP as the primary exchange currency within a new global financial architecture. Jones asserts that regulatory preparations are in place to enable authorities to take control of assets currently held by private individuals, including XRP holdings.
FDIC discussions on national ledger and bail-in mechanismsAccording to Jones, the Federal Deposit Insurance Corporation (FDIC), the US government agency responsible for protecting bank deposits, has discussed so-called “bail-in” measures during official meetings. Jones describes these mechanisms as plans allowing the government to assume control of not only bank accounts, but also real estate, vehicles, and other personal assets, consolidating them into a unified national ledger.
He further claims that after consolidation, derivatives could be sold against the pooled assets, which he refers to as “the holy grail globalist official plan.” Jones says he first encountered these concepts two and a half decades ago and now sees them discussed openly in regulatory forums.
Jones states that, “Top government regulators are openly discussing plans to seize not only your XRP holdings but also your house and bank account.”
During his broadcast, Jones played what he attributes to comments by FDIC officials at a board meeting. One speaker reportedly warned, “I almost think you’d scare the public,” regarding making bail-in discussions widely known. Another suggested that people who have “full faith and confidence in the banking system” should not receive information that could undermine that confidence.
Jones uses these remarks to suggest that regulatory agencies are preparing significant interventions while intentionally withholding the full scope of their plans from the public.
Mini dictionary: FDIC – The Federal Deposit Insurance Corporation is a US federal agency that insures deposits at commercial banks and savings institutions, which aims to maintain public confidence in the US financial system.
XRP intended for institutional use, not individuals?One segment in Jones’ coverage features a commentator who claims that XRP was developed for use by banks and large institutions, not for individual investors. The commentator asserts that because banks operate as trusts rather than as individual persons, regulatory changes could potentially prohibit private ownership of XRP entirely.
In a direct comparison to the US government’s 1933 gold confiscation, a speaker in Jones’ program states that regulators could write rules restricting individuals from holding XRP and recommends using trusts or LLCs for asset protection.
The commentator urges XRP holders to transfer their tokens into legal entities such as trusts or limited liability companies, aiming to create a legal barrier between their personal identities and their cryptocurrency holdings.
Mini dictionary: Trusts and LLCs – A trust is a fiduciary arrangement in which a third party holds assets on behalf of beneficiaries; an LLC (Limited Liability Company) is a business structure in the US that can hold assets and limit personal liability.
Trump’s investment move and the EU’s financial plansJones highlights recent portfolio changes by US President Donald Trump, claiming that Trump shifted significant assets from BlackRock, a global investment management corporation, to Berkshire Hathaway, an American multinational conglomerate. Jones interprets this transition as a potential warning, suggesting that Berkshire Hathaway is positioned to weather an economic collapse, while BlackRock is set up for a controlled downturn. He warns that the move signals expectations of economic turbulence regardless of prevailing political assurances.
In addition to US developments, Jones includes remarks from European Commission President Ursula von der Leyen regarding a new European Union savings and investment initiative. Von der Leyen announced that the plan could unlock up to 470 billion euros in new investments. Jones presents the move as evidence of a coordinated, multinational financial strategy involving both the US and European authorities.
Mini dictionary: Berkshire Hathaway – A US-based multinational holding company led by Warren Buffett, with a diverse portfolio across insurance, utilities, and consumer products. BlackRock is the world’s largest asset manager, known for its extensive influence in global financial markets.
EntityPositioned ForCurrent CEOBlackRockControlled collapseLarry FinkBerkshire HathawayTotal collapseWarren BuffettNo official statements from government agencies or the companies involved have confirmed the claims made in Jones’ broadcast. The assertions remain unverified and have generated debate within cryptocurrency circles and among political observers.
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.
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.
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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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.
Alex Jones, a controversial media figure and political commentator, has ignited debate within the cryptocurrency community after raising concerns that governments might target digital assets such as XRP in the event of a severe systemic crisis. He suggested that, under extreme circumstances, authorities could seek to seize not only traditional bank accounts and real estate, but also cryptocurrency holdings.
Regulatory Limits on Crypto SeizureJones’s comments, which were shared widely on X, stopped short of making direct price predictions or claiming specialized expertise in XRP. He emphasized that his remarks were intended as a warning about potential government overreach, not as an authoritative forecast about the asset itself.
Current regulations in the United States do not support Jones’s scenario. The Federal Deposit Insurance Corporation (FDIC), the independent agency insuring deposits at U.S. banks, maintains that crypto assets are not considered FDIC-insured deposits. When a bank fails, the FDIC insures eligible deposits up to established limits and, as receiver, sells off the failed institution’s assets to satisfy its debts.
This structure does not authorize the government to confiscate digital currencies like XRP from private individuals. Instead, assets held in self-custody wallets remain outside the direct reach of FDIC policies affecting bank accounts.
The FDIC’s official guidance explicitly separates crypto assets from insured deposit products and notes that digital currencies are not subject to the same protections or procedures as cash deposits in banks.
In the European Union, similar safeguards exist under the Bank Recovery and Resolution Directive (BRRD). The directive ensures that insured deposits are protected, and it restricts authorities from applying write-down or conversion powers to these deposits in a bank resolution event.
Jones’s warning, as a result, should be interpreted as a hypothetical concern rather than confirmation of any imminent or newly adopted policy regarding XRP or similar assets.
Mini dictionary: Federal Deposit Insurance Corporation (FDIC), an independent agency of the US government that protects depositors against the loss of insured deposits if a bank fails, up to certain legal limits, but does not insure digital assets like cryptocurrencies.
XRP Price Action and Institutional InterestMeanwhile, XRP has returned to a key price level as market attention grows. On September 6, XRP traded near $1.42 after declining by 3.65% two days prior, then regaining approximately 1% the following day. Market analysts have repeatedly highlighted the $1.40 region as a critical technical area, drawing significant focus from both retail and institutional investors.
Institutional demand for XRP has shown clear growth, even as prices remain choppy. Data from Coinpaper indicates that U.S.-listed spot XRP exchange-traded funds (ETFs) attracted $110.49 million in net inflows during their most robust week of 2026 to date, raising total inflows to about $1.66 billion.
DateXRP PriceSpot XRP ETF Weekly InflowCumulative ETF InflowSeptember 4$1.37––September 5$1.38––September 6$1.42$110.49 million$1.66 billionDevelopment work on the XRP Ledger (XRPL) also continues in parallel with growing institutional involvement. The latest XRPL 3.3.0 upgrade proposal introduces features addressing tokenized assets, options for confidential transfers, and programmability enhancements for digital asset management.
Mini dictionary: XRP Ledger (XRPL), a decentralized blockchain network supporting the fast and energy-efficient transfer of XRP and the creation of other tokenized assets.
Custody remains a primary concern for some XRP holders. Security experts emphasize that the level of risk primarily depends on the method of asset storage. Keeping XRP in a self-custody wallet controlled by private keys generally offers more protection against third-party actions than leaving assets on centralized platforms.
XRP remains at the center of regulatory debate, yet no US or EU authority has announced any program to seize privately held XRP. Current rules at both the FDIC and within the EU emphasize that digital assets are not subject to automatic confiscation powers in bank failures or resolutions.
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.
Cover image via U.Today 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.
A major bundled fix amendment is scheduled to activate on the XRP Ledger mainnet in the next five days if validator support remains above the required threshold. According to XRPscan data, fixCleanup3_3_0 is scheduled for September 11 mainnet activation if it holds 80% support for a 14-day window.
XRP Ledger's amendment system uses a consensus process to approve changes that affect transaction processing. Fully functional transaction processing changes are introduced as amendments; validators then vote on these changes. If an amendment receives more than 80% support for two weeks, it passes, and the change applies permanently to all subsequent ledger versions.
The fixCleanup3_3_0 amendment was introduced in the XRPL software version release 3.3.0, launched in August, and is designed to strengthen several features across the network.
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fixCleanup3_3_0 quickly gained traction after it opened for voting on August 6, attaining a majority (that is, reaching 80% support) on August 28, following which the two-week activation timer began to tick, with five days now remaining.
XRP Ledger overhaul continuesThe fixCleanup3_3_0 amendment is a collection of fixes for Single Asset Vaults, the Lending Protocol, Automated Market Makers, the permissioned DEX, Checks, and pseudo-accounts, with 11 changes outlined.
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These include a fix to hybrid offers being removed from the open order book when the account that placed them loses access to the permissioned domain, and Automated Market Maker liquidity being included in quality estimates for permissioned DEX order books. The upgrade will also add further precision and rounding fixes for Single Asset Vaults and the Lending Protocol, which are currently in voting.
fixCleanup3_3_0 follows previous fix upgrades fixCleanup3_1_3 and fixCleanup3_2_0, which were activated on the XRPL mainnet in May and July, respectively. The fixCleanup3_1_3 amendment marked a collection of fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol, while fixCleanup3_2_0 included fixes for Single Asset Vaults, the Lending Protocol, the permissioned DEX, Multi-Purpose Tokens, and permissioned domains.
The fixCleanup3_3_0 amendment gained 82.86% support, with 29 Yes votes out of 35, and is currently holding this threshold, with the potential for its activation in days.
A recent analysis by finance coach Kamil H. Stevenson has drawn attention to the distribution of XRP holdings across the XRP Ledger, providing new insight into wallet concentration and ownership tiers among XRP users.
XRP distribution highlights ownership gapsStevenson referenced a video from Bull Runners that breaks down the requirements for entering various levels among XRP holders, while also questioning whether the largest wallets actually belong to individual investors. The video indicates that holding just 20 XRP is sufficient for an account to join the top 50 percent of all XRP wallets as of August 20, 2026. Accounts holding 21 XRP surpassed the balances of more than 4 million other wallets on the network.
These findings stem from changes in the XRP Ledger’s reserve system. In December 2024, validators approved a reduction in the base reserve from 10 XRP to 1 XRP, and lowered the owner reserve for additional ledger objects from 2 XRP to 0.2 XRP. The decreased requirements have enabled more users to open and sustain accounts with a much lower minimum balance.
Bull Runners suggested that the more accessible reserve settings primarily explain the surge in the number of funded accounts rather than a parallel rise in active investors. The XRP Ledger reported 8,071,889 funded accounts as of August 20, up from roughly 7.7 million in March, translating to an increase of around 400,000 accounts within five months.
The updated reserve requirements have significantly lowered the cost of operating an account on the XRP Ledger, resulting in a sharp increase in the number of funded wallets but not always reflecting greater investor participation.
Key thresholds for top XRP holdersAccording to the distribution laid out in the video, reaching the top 10 percent of XRP owners required approximately 2,138 XRP. The threshold for entry into the top 5 percent ranged between 7,745 and 8,000 XRP, while 44,823 XRP placed an account within the top 1 percent as of August 20, 2026.
Wallets holding 295,194 XRP or more made up the top 0.1 percent, a level achieved by only about 7,554 addresses. The top 0.01 percent, comprising fewer than 800 wallets, often consisted of exchange, institutional custodian, or Ripple-controlled addresses. The analysis advised caution in interpreting these figures, noting that not all large wallets are managed by individual investors.
The study also emphasized the importance of monitoring on-chain activity, as wallet size alone may not reveal the intent behind transactions. For example, exchange or custodian wallets may aggregate funds on behalf of multiple clients, while movements between custodians could reflect internal asset management rather than trading actions.
Holding large amounts of XRP in a single wallet does not always indicate personal wealth—it is common for the highest-balance addresses to belong to institutions or operate as custodial accounts serving multiple users.
Changing landscape and Web3 integrationThe analysis also pointed out that escrow transactions, which can involve substantial movements of XRP, typically do not reflect individual investment activity. Consequently, Bull Runners identified the roughly 7,500 wallets in the top 0.1 percent as the more relevant segment for evaluating private large holders.
The XRP holdings discussion was linked to ongoing developments on the XRP Ledger, including growth in RLUSD-related features and the launch of new functionalities designed to broaden network utility. Alongside these trends, a significant shift is underway in how real-world assets are managed: Wall Street is gradually adopting Web3 platforms. Investors now utilize services like 1stepSwap, enabling them to hold shares of major U.S. companies, gold, and silver directly in their crypto wallets. By tokenizing real-world assets and automatically sourcing the best available market prices in seconds, platforms like these eliminate traditional intermediaries, offering a streamlined approach for managing diverse asset portfolios.
In conclusion, the video invited users to compare their own XRP holdings with publicly available wallet distribution data, while highlighting the evolving nature of asset ownership in decentralized ecosystems.
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.
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.
The U.S. Treasury Department will enter the active phase of its government debt buyback program on Monday, Sept. 7, 2026. The weekly limit on operations will amount to $14.5 billion, while the maximum volume of Treasury sessions could reach $16.5 billion.
Such a large liquidity injection has sparked discussion across financial markets about the start of a second round of the crypto market's rally, particularly for Bitcoin and XRP.
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The bulk of the operations is scheduled for Wednesday, Sept. 9. The Treasury, led by Secretary Scott Bessent, is doubling its buyback limits for long-term securities maturing in 10 to 30 years — from $2 billion to $4 billion per session.
Tentative schedule of U.S. Treasury buyback operations for September 2026, Source: U.S. Department of the TreasuryIn total, the department plans to remove approximately $38.25 billion worth of bonds from the market in September, while the U.S. Federal Reserve will simultaneously allocate up to $2.122 billion to purchases of short-term Treasury bills as part of its planned reinvestment of principal.
While Bessent stabilizes yields, Bitcoin at $80,000 awaits a spark from primary dealersAs officials describe the multibillion-dollar injections as "routine," the cryptocurrency market is approaching Sept. 9 in a state of extreme technical tension. Traders expect the cash that the Treasury will provide to major banks in exchange for older bonds to fuel a breakout from prolonged trading ranges.
At the beginning of September, Bitcoin is trading just below the psychological $80,000 level, having formed a massive liquidity cluster and dense concentrations of short-liquidation levels between $79,500 and $82,000.
In this environment, any impulse from primary dealers on Wednesday could trigger the forced closure of short positions and immediately push the price toward new local highs through a short squeeze.
Comparative daily price charts of XRP/USD and BTC/USD showing consolidation patterns in September 2026, Source: TradingViewMeanwhile, capital is accumulating in XRP as the token approaches $1.45 amid record institutional inflows. U.S. spot XRP ETFs have recorded net inflows exceeding $1.66 billion.
The Treasury's liquidity injection coincides with the main fundamental catalyst of the fall: on Sept. 15, the U.S. Senate will hold a key vote on the CLARITY Act. Traders are pricing in a scenario in which fresh dollars entering the system help XRP break through the key resistance level at $1.70 and open a direct path toward the psychological $2 mark.
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Market analysts warn against equating the Treasury's current program with full-scale quantitative easing. The Treasury is not creating new money out of thin air but merely replacing long-term obligations with short-term borrowing to stabilize the government bond market, where yields remain near multiyear highs.
There is also a medium-term risk: if Bessent's buybacks overstimulate the economy, the Federal Reserve could be forced to keep interest rates higher for longer, eventually limiting the cryptocurrency market's growth potential.
Nevertheless, short-term market expectations remain focused on the actual liquidity inflow on Sept. 9. The reaction of Bitcoin and XRP prices to this impulse will become a defining factor for the market's direction throughout the fall of 2026.
Banks considering the use of XRP for cross-border payments may significantly boost demand for the digital asset, according to independent cryptocurrency researcher SMQKE.
Ripple demo outlines XRP settlement strategiesSMQKE recently published findings through X, the social media platform formerly known as Twitter, drawing attention to a Ripple demonstration that details potential adoption scenarios for XRP by financial institutions.
Ripple, a payment technology company aiming to modernize global money transfers, showcased how banks could leverage XRP to expand their international payment reach. The demonstration describes two main methods for banks to access XRP for settlement purposes.
In the first approach, banks could maintain direct holdings of XRP, positioning it as a reserve asset for ongoing transaction needs. Alternatively, banks might choose to obtain XRP from cryptocurrency exchanges when they require it for specific cross-border transfers.
SMQKE emphasized that, “Banks adopting XRP for cross-border payments will drive up its price.” The researcher argued that both sourcing methods have the potential to strengthen demand as network activity increases.
The Ripple demo presents XRP as a bridge asset, enabling fast, scalable, and cost-effective settlement between disparate currencies. This model could help banks enhance payment speed and efficiency without establishing individual liquidity arrangements in every country.
Mini dictionary: Ripple, a US-based fintech company, provides blockchain-based solutions for global payments and developed the XRP Ledger and its associated crypto asset, XRP.
XRP liquidity and trading volumeThe demonstration cited XRP’s daily trading volume, noting that it surpasses many lesser-traded fiat currencies. Ripple’s presentation suggested that this level of liquidity could make XRP well-suited for facilitating payments in currency corridors where liquidity is traditionally limited.
Under the proposed framework, each bank could either store XRP directly or use an exchange to obtain the amount needed on demand, allowing institutions to participate without holding large reserves in multiple currencies.
The speaker in the Ripple demonstration stated that “XRP acts as an on-demand liquidity pool, reducing the need for banks to hold surplus capital across different markets.”
RippleNet, Ripple’s proprietary payment network, was positioned as a more capital-efficient solution compared to traditional correspondent banking practices, which often tie up funds in various geographies to support liquidity needs.
Bank’s XRP AccessPrimary EffectDirect holding of XRPAccumulation increases, fixed supply pressureSourcing from exchangesHigher trading volume, market-driven demandCommunity reactions and industry contextXRP HERALD, another analyst in the ecosystem, echoed SMQKE’s assessment, stating that banks’ ability to hold or source XRP could lead to stronger demand, especially as transaction volumes on the network increase. The account pointed to the relationship between increased utility and supply-side pressure for digital assets.
Separately, Nat Turner highlighted inefficiencies in the traditional banking structure for international payments. Turner argued that banks currently maintain multiple local accounts and currencies, which ties up capital and slows settlement processes. These comments reinforced the notion that a blockchain consensus asset like XRP could potentially streamline operations and reduce the need for duplicate reserves.
SMQKE’s discussion links the expansion of cross-border payment activity with the possibility of elevated market demand for XRP, citing Ripple’s on-demand liquidity model as a relevant innovation. The research suggests that as more financial institutions explore this mechanism, pressure on available XRP supply could intensify, with trading volume and asset accumulation both playing key roles.
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.
The US Treasury Department is set to begin the active phase of its government debt buyback program on Monday, September 7, 2026. The department said weekly limits for the operations are set at $14.5 billion, with the overall maximum per Treasury session reaching $16.5 billion.
Scale of buybacks and liquidity injectionMost of the buyback activity is scheduled for Wednesday, September 9. Under Treasury Secretary Scott Bessent, the department will double buyback limits on long-term securities maturing in 10 to 30 years per session, raising the figure from $2 billion to $4 billion.
In total, the Treasury aims to remove approximately $38.25 billion in bonds from the market throughout September. Simultaneously, the US Federal Reserve is preparing to allocate up to $2.122 billion for purchases of short-term Treasury bills through reinvestment of principal.
These actions represent a significant liquidity injection, prompting debate within financial markets about whether they could act as a catalyst for renewed momentum in the cryptocurrency sector, particularly for Bitcoin and XRP.
Bitcoin and XRP traders await market breakoutLeading up to the scheduled buybacks, Bitcoin traded just below the $80,000 level in early September. Analysts identified a large liquidity cluster between $79,500 and $82,000, marked by heightened short-liquidation levels.
Several traders expect that if Wednesday’s buybacks provide fresh liquidity to primary dealers, this could spark a breakout above recent trading ranges. In this scenario, a squeeze on short positions could drive Bitcoin to new local highs.
Bitcoin hovers below the key $80,000 threshold, with technical indicators suggesting that increased liquidity on September 9 could swiftly push prices higher through forced short covering.
XRP is also drawing market attention, as the token nears $1.45 and registers record inflows from institutional investors. US spot XRP exchange-traded funds (ETFs) have seen net inflows above $1.66 billion, highlighting elevated demand ahead of upcoming events.
Legislative and macroeconomic factorsThe Treasury’s liquidity boost aligns with another pivotal moment for the crypto sector: On September 15, the US Senate is due to vote on the CLARITY Act. Market participants anticipate that dollar inflows from the buybacks could help XRP breach significant resistance at $1.70, which may open the way for a move toward the $2 psychological level.
Despite optimism in the crypto market, analysts have cautioned against confusing the Treasury’s current buyback program with full-scale quantitative easing. The department is not expanding the money supply but shifting from long-term obligations to short-term debt to stabilize government bonds, where yields recently tested multiyear highs.
There are also concerns about potential medium-term consequences. Some analysts noted that if the buybacks inject too much liquidity and stimulate economic demand, the Federal Reserve could be compelled to maintain higher interest rates for a longer period, which may curb the growth prospects of cryptocurrencies.
Nevertheless, for now, market focus remains on the September 9 liquidity injections. The performance of Bitcoin and XRP after this key event is expected to set the tone for the cryptocurrency market as it heads into the last quarter of 2026.
Mini dictionary: Scott Bessent is the current Secretary of the US Treasury Department, responsible for overseeing federal finances and implementing economic policies, including debt management operations such as large-scale bond buybacks.
ActionDateTarget VolumeNotesDebt Buyback Program LaunchSeptember 7, 2026$14.5 billion per weekProgram beginsMain Buyback SessionsSeptember 9, 2026Up to $16.5 billionLong-term bonds focusUS Fed Treasury Bill PurchasesThroughout SeptemberUp to $2.122 billionShort-term instrumentsXRP ETF Net InflowsRecent period$1.66 billion+Record institutional demandDisclaimer: 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.
Robinhood Chain, the company’s Arbitrum-based Layer 2 blockchain, just posted a weekly decentralized exchange volume of roughly $10.47 billion. That’s nearly double what the chain recorded the week prior, and it puts Robinhood’s network in the same conversation as Solana and Ethereum for DEX activity.
For a chain that only launched on July 1, that kind of trajectory is, to put it mildly, unusual.
What’s driving the volume The short answer: Uniswap and speculation. Uniswap protocols, including versions 3 and 4, account for approximately 77% of all DEX volume on Robinhood Chain. The remaining activity is scattered across launchpad platforms and smaller trading venues.
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The types of assets being traded tell a revealing story. Memecoins and tokenized equities, including pairs for NVDA and AAPL, make up a significant share of the action.
Daily volumes have been oscillating between $1.5 billion and $3.7 billion throughout early September, with the peak hitting $3.7 billion on September 5. Recent 7-day DEX volumes have ranged from $8.2 billion to the current $10.47 billion.
The trading flows are predominantly coming from crypto-native participants using trading terminals and active trading protocols, not from Robinhood’s retail brokerage user base.
The liquidity picture Total value locked on the chain climbed to approximately $757 million by late August and early September, representing close to a 100% increase from the prior month.
Stablecoin supply on Robinhood Chain has stabilized in the range of $770 million to $797 million.
By mid-August, cumulative DEX volume on the chain had already surpassed $47 billion.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ethereum co-founder Vitalik Buterin has outlined what he sees as a potentially major evolution of Ethereum’s transactions.
He claims recent work on account abstraction, state design, and cryptographic proof aggregation is contributing to a clearer separation between what transactions do and what must be proven before they can do it.
Buterin said recent research surrounding EIP-8141, alternative state models, keyed nonces and recursive STARK-based mempools has produced a more explicit conceptual model of transactions.
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The key is to distinguish between two components: "actions" and "dependencies."
"An action is an effect that a transaction has," Buterin explained.
The distinction may sound largely conceptual. However, Buterin argues that explicitly separating the two could allow Ethereum developers to optimize them in fundamentally different ways.
Why it mattersValidation and execution are traditionally intertwined. Nodes receive transactions, validate the required information, and eventually execute them.
Buterin argues that dependencies have properties that make them particularly suitable for optimization.
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Many dependencies can be checked in parallel. Some can be examined by the mempool before the transaction reaches a block. Others do not require access to Ethereum state at all.
Those so-called "pure" dependencies could potentially be checked once by the mempool and then never executed again by every validator.
According to Buterin, large collections of such checks could eventually be replaced by a single STARK proving that they were all performed correctly.
"Dependencies can be processed in parallel," he wrote.
Vitalik Buterin, co-founder of Ethereum, has introduced a revised conceptual framework for processing transactions on the Ethereum network. He emphasized that separating transaction “actions” from their “dependencies” could unlock significant efficiency gains for future developments.
Transaction Components: Actions and DependenciesButerin stated that ongoing advances in account abstraction, cryptographic proof systems, and novel state models are bringing about a clearer delineation between the tasks a transaction performs, and the conditions that must be met beforehand. He highlighted work around Ethereum Improvement Proposal (EIP) 8141, the use of alternative state models, the introduction of keyed nonces, and experiments with recursive STARK-based mempools as key contributors to this emerging model.
He described “actions” as the tangible effects caused by a transaction, such as transferring tokens or interacting with smart contracts. By contrast, “dependencies” represent the requirements that must be met before those actions can be carried out. This distinction, according to Buterin, would enable developers to pursue optimizations tailored to each component.
Actions define what a transaction changes within Ethereum, while dependencies set out the prerequisites before those changes can take place.
According to Buterin, most Ethereum nodes currently combine validation and execution: they receive transactions, verify them against network rules, and then execute any approved operations. Decoupling these functions, he argued, could lead to performance improvements and more nuanced security guarantees.
Optimizing Dependencies and State ValidationButerin pointed out that many transaction dependencies can be reviewed in parallel, enabling more streamlined pre-checks before transactions reach inclusion in a block. He also noted that certain dependencies, particularly so-called “pure” dependencies, do not require live access to Ethereum’s global state. These, he said, present a prime opportunity for enhancement.
If implemented, mempools—the systems that collect pending transactions—could process and validate these pure dependencies only once, rather than requiring every network validator to repeat the same checks as blocks are created and confirmed.
Large batches of such validated dependencies may eventually be aggregated into a single succinct cryptographic proof, specifically a STARK, which could demonstrate the correctness of all checks in a single step.
Mini dictionary: STARK (Scalable Transparent Argument of Knowledge), a cryptographic proof technology designed for efficient, trustless verification of complex computations without requiring confidential setup or assumptions. STARKs are widely used in scaling solutions and privacy applications within blockchain networks.
Many dependencies can be checked in parallel, streamlining the validation process and reducing duplication across validators.
Buterin views this model as an important architectural shift. He suggested that these changes might form the basis for future updates, as Ethereum’s developers aim to keep evolving the platform for scalability and security.
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.
A recent resurfacing of an old interview clip featuring BlackRock CEO Larry Fink discussing cryptocurrency ETFs has reignited debate among XRP investors. The renewed attention follows a social media post by Good Evening Crypto, a well-known digital asset commentator, who highlighted the footage and suggested it holds significance for the future of XRP exchange-traded funds.
In the video, Larry Fink is asked during a Fox interview about the possibility of BlackRock pursuing another exchange-traded fund, with the interviewer specifically questioning the launch of an XRP ETF. Both times, Fink responds curtly, stating, “I can’t,” and refrains from elaborating, before the conversation shifts to other topics.
Good Evening Crypto emphasized the clip’s ambiguity, describing Fink’s reluctant answers as an intriguing development for XRP supporters. However, viewers noted that the brief exchange does not confirm any plans from BlackRock to introduce an XRP-focused exchange-traded product.
The more closely observers watch Larry Fink’s brief responses, the more interest they find among XRP holders, even though BlackRock has given no formal indication of pursuing an XRP ETF.
Some on social media argued that the CEO’s tight-lipped approach is not unusual when discussing unannounced product strategies, especially in regulated markets.
Current state of XRP ETFs and BlackRock’s positionDespite the renewed online speculation, BlackRock, the world’s largest asset manager, has not submitted a filing for a spot XRP ETF. The firm currently maintains its cryptocurrency ETF offerings around Bitcoin and Ethereum, including products like the iShares Bitcoin Trust and iShares Ethereum Trust.
Other asset management companies have moved ahead in the space. There are now seven spot XRP ETFs available from providers such as 21Shares, Bitwise, and Canary Capital. Collectively, these products have attracted more than $1.55 billion in net inflows, with total assets around $1.4 billion.
FirmETF FocusTotal AssetsBlackRockBTC, ETHNot disclosed21Shares, Bitwise, Canary CapitalXRP$1.4 billionIndustry analysts suggest BlackRock’s decision-making is typically guided by overall market liquidity and scale. Some reports indicate the company may wait for the total XRP ETF sector to approach $3 billion in assets before considering its own entry.
BlackRock is a leading global investment manager with over $10 trillion in assets under management, known for its influence in both traditional finance and the emerging crypto ETF market.
Mini dictionary: Spot ETF – A spot ETF is an exchange-traded fund that tracks the price of a physical asset, such as a cryptocurrency, and typically holds the underlying asset directly, instead of derivatives.
Debate over relevance and authenticityDiscussion around the video’s timing and relevance quickly emerged, with some users on X questioning if the footage accurately reflects BlackRock’s current view. Reckless, a digital asset commentator, noted that Fink’s reticence could be interpreted the same for any digital asset, not just XRP, and warned against reading too much into the exchange.
Examining how long ago the interview took place, some users argue that assessing BlackRock’s present stance based on this old video may be misleading given the rapidly changing ETF landscape.
Lary_K, another commenter, stressed that the interview dates back almost three years. He suggested that using it as a barometer for BlackRock’s present position in digital assets is misguided.
Meanwhile, BlackRock has continued to explore tokenization initiatives through ventures such as its BUIDL fund and collaborations with Securitize. These efforts include interactions with the XRP Ledger ecosystem and infrastructure connected to assets like RLUSD.
For now, despite increased market assets and more XRP ETF issuers, BlackRock has shown no concrete move toward joining the XRP ETF sector. The resurfaced video serves mainly as fresh fodder for speculation within the XRP investor community.
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.
TLDR: EIP-8141 separates Ethereum transaction actions from dependencies to enable more parallel processing. Vitalik Buterin links EIP-8141 with broader efforts to make Ethereum execution easier to scale. The transaction design could support batching, gas sponsorship, and advanced proof-based verification. A public testnet already supports EIP-8141 as developers refine the design before Ethereum’s 2027 hard fork. Ethereum developers are advancing EIP-8141 as a new transaction design aimed at improving network scalability. The proposal separates transaction actions from dependencies, creating more room for parallel processing.
The design could support account abstraction, lower costs, and new transaction features across Ethereum. A public testnet already supports the proposal, while developers target broader implementation before the 2027 Hegotá hard fork.
Ethereum EIP-8141 Targets Faster, More Flexible Scaling EIP-8141, known as Frame Transactions, changes how Ethereum structures transaction data. It treats actions and dependencies as separate components within the transaction model.
Actions describe effects such as sending ETH, while dependencies establish what must remain valid. Signatures, Merkle proofs, and zero-knowledge proofs can serve as dependencies.
According to Vitalik Buterin, separating these elements could let Ethereum process dependencies concurrently. Mempools could also evaluate state-related dependencies when transactions declare accessed state.
Pure dependencies could receive separate processing at the mempool layer. Developers could potentially replace some verification work with STARK proofs, reducing repeated computation and data requirements.
The approach builds on years of account abstraction research. It also connects with discussions around UTXOs, keyed nonces, new state types, and recursive STARK mempools.
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
Vitalik Buterin Links EIP-8141 to Ethereum Hyper-Scaling Buterin said recent work has created a clearer framework for distinguishing transaction actions from dependencies. That distinction could help developers optimize each component independently.
He also pointed to Ethereum’s flexible execution model as a scaling challenge. Dynamic state interactions offer flexibility, but they create more complexity for parallel processing.
The EIP-8141 design could make transaction formats more minimal. Transactions could rely on lists of calls, flags, origins, nonces, and other basic fields.
According to Buterin’s explanation, this structure could improve compatibility across EVM-based chains with different features. It could also provide a common interface for future transaction designs.
The proposal supports features such as atomic batching and gas sponsorship while leaving room for post-quantum security mechanisms. A public testnet already runs EIP-8141, giving developers a live environment for testing the transaction model.
Buterin described the proposal as part of Ethereum’s broader move toward more statically analyzable operations. He noted that lower gas costs could favor transaction types that require less dynamic processing.
The shift does not remove Ethereum’s general-purpose capabilities. Instead, EIP-8141 could let users and developers choose transaction structures based on their computational requirements.
The proposed framework therefore connects account abstraction with Ethereum’s longer-term scaling work. Developers now face the task of refining the technical design ahead of the planned 2027 Hegotá hard fork.
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.
XRP price traded near $1.42 on Sunday, gaining 0.71% as cryptocurrency markets steadied after a volatile week.
Bitcoin price hovered at around $79,973, and Ethereum was at $2,499 as the market awaits the FOMC meeting on September 15-16th.
Nevertheless, XRP remained vulnerable to Washington politics with another Senate postponement of the CLARITY Act.
The legislation could define regulatory roles for the Securities and Exchange Commission and Commodity Futures Trading Commission.
CLARITY Act Delay Extends Regulatory Uncertainty Senators postponed action before recess after lawmakers failed to settle several political and policy disagreements.
The Senate returns September 14, leaving lawmakers a narrow window before election campaigning further limits available floor time.
Any procedural cloture vote would require 60 senators, making bipartisan support essential for the bill to advance.
🇺🇸 CLARITY Act Could Be Delayed AGAIN
The U.S. House just canceled its final two September voting weeks, leaving lawmakers with only 4 days to get work done before the midterms.
That puts the CLARITY Act in a much tighter spot.
If the Senate changes the bill, the House may need… pic.twitter.com/Z2jWsKylR4
— Crypto Patel (@CryptoPatel) September 5, 2026
Disputes include ethics restrictions, stablecoin rewards, decentralized finance protections, and the balance between financial regulators.
The postponement does not formally defeat the measure, but it reduces time for negotiations and possible House reconciliation.
XRP held above $1.40 despite the setback, suggesting buyers still defend the token’s immediate support area.
Bitcoin’s ability to remain near $80,000 and Ethereum’s hold around $2,500 could also influence XRP’s next direction.
Traders will watch Senate scheduling updates closely, because further delays may keep regulatory uncertainty attached to XRP.
XRP ETFs Hold $1.48 Billion in Assets Despite Zero Daily Inflows On September 4, XRP spot exchange-traded funds had no daily net inflows, but cumulative inflows stood at $1.68 billion. Total net assets amounted to 1.69% of the overall market capitalization of XRP, totaling $1.48 billion.
Source: Sosovalue data Trading activity totaled $36.21 million as every listed fund closed lower during the session. Franklin’s XRPZ posted the steepest decline at 4.94%, narrowly exceeding Bitwise’s XRP fund’s 4.86% loss. Bitwise continued to dominate the market in general, with a net asset of $507.47 million and reported cumulative inflows of 599.31 million.
Will XRP Price Hold $1.40 Support Before Its Next Rally? The XRP price traded at $1.41 after holding above the important $1.40 support level on the four-hour chart.
The XRP price kept consolidating above $1.40, which indicates that buyers are still active within the immediate support of the market. The RSI was 54.92, with a balanced momentum and a slight bullish inclination.
Source: TradingView The MACD line fell a little below its signal line, which indicated a lower short-term momentum. A four-hour close above $1.50 would prove the resurgence of demand and create an avenue to $1.60. The inability to hold $1.40 may lead to increased selling pressure and the lower support target of $1.30.
Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.
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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.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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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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.
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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)
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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.”
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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.
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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.
PANews, September 6 – Harmony has released two proposals to fully shut down its mainnet, which has been online since 2019, migrate its native token ONE to Ethereum, and pivot to an AI video "mashup economy" business. The team stated that threats from state-level attackers and AI agents are the reasons behind the plan to shut down the network.
The migration plan proposes to take a snapshot of tokens in user wallets, staking delegations, validator rewards, smart contracts, and centralized exchange accounts at the final block of the network, and airdrop new ONE tokens to the same wallet addresses on Ethereum, with no active claim required by holders. Delegated staking and unclaimed rewards will be airdropped to respective governance treasuries. The total supply of ONE and its issuance rate will remain unchanged, with newly issued tokens intended for the new business, and will seek governance feedback. Multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated; the team urges users to exit all smart contracts by September 10, 2026, and plans to make the token contract, snapshot calculations, and airdrop scripts public for audit.
Validators can stop running nodes starting from 22:00 Beijing time on September 10, 2026. The team plans to compensate validators for the difference in issuance rewards between node shutdown and the final block of the network, and will establish a one-time compensation pool of $1.372 million, paid out over four quarters to validators and their delegators who shut down on time, sign agreements, retain their stake, and serve as governors for the new project.
The new business will open prompts and materials for users to create derivative works, with AI agents expanding video stories, and will recruit operators responsible for video generation, distribution, and content moderation. Harmony plans to subsidize GPU hardware in the first year and drive video generation demand; operators must stake tokens and receive rewards based on service uptime. The team aims to help operators generate up to $1 million in total revenue in the first year, subject to staking and uptime requirements. Promoters can initially earn a 30% ongoing commission from the $10 monthly subscriptions they refer. Both proposals are non-binding, and the plans may still be adjusted.
AI video business proposal: https://x.com/harmonyprotocol/status/2096604013940838667
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.
The meme coin market landscape continues to balance between long-established assets and new entrants aiming for their first significant breakthrough. Dogecoin and Pepe maintain sizable attention due to robust trading volumes and well-established communities, while newer projects such as Apeing are leveraging early interest to position themselves for growth.
Meme coin sector turns its focus to new launchesApeing, a community-driven meme coin project, has gained notable momentum in recent weeks. The project’s whitelist has surpassed 18,000 registrations, drawing attention ahead of its Stage 1 launch set for September 8, 2026. With only three days remaining before this phase and limited whitelist spots still open, anticipation among prospective participants is rising.
The whitelist offers early sign-ups priority updates about project timelines and exclusive details on the launch. By establishing a direct communication channel, Apeing seeks to maintain engagement and provide participants with real-time information as the project approaches its milestone event.
Apeing’s stated Phase 1 price of $0.0001 and projected listing price of $0.01 highlight the potential for over 10,000% return on investment for early participants, based on the price gap between the two stages. This pricing structure and restricted initial token allocation have formed a central narrative for the project’s early hype.
Apeing’s community-driven approach seeks to emulate the kind of viral growth that has historically propelled meme coins into the mainstream. The rapid growth of its whitelist underscores the level of interest the project is already commanding before its formal debut.
Mini dictionary: Apeing is a new meme coin project introducing a whitelist registration before its token launch, aiming to build an early community around its brand and tokenomics.
Dogecoin and Pepe: Market leaders hold the lineDogecoin, one of the oldest and most recognizable meme coins, continues to set a benchmark for the sector. DOGE currently trades around $0.08461, reflecting a daily decline of 3.39%. The token commands a $14.51 billion market capitalization and a 24-hour trading volume close to $1.05 billion. Over the last day, DOGE has fluctuated between $0.08403 and $0.08817. Its all-time high remains $0.7376, set in May 2021, keeping its current price far from previous peaks.
Pepe stands out as another established player in the meme coin space. PEPE is trading near $0.053515 with a 5.08% decrease over 24 hours and a $1.45 billion market capitalization. Its trading volume has reached about $323.52 million within the past day, with the token ranging from $0.053492 to $0.053712. Current circulating supply is around 413.77 trillion tokens, and its all-time high, $0.00002825, was achieved in December 2024.
CoinPriceMarket Cap24h Volume24h ChangeAll-Time HighDogecoin (DOGE)$0.08461$14.51 billion$1.05 billion-3.39%$0.7376Pepe (PEPE)$0.053515$1.45 billion$323.52 million-5.08%$0.00002825The current meme coin market reflects strong interest in established assets such as Dogecoin and Pepe while emerging projects like Apeing build momentum through community-driven models and early-stage pricing strategies.
Interest grows for the next major meme coin projectMeme coins are often defined by community engagement and fast-moving narratives. While Dogecoin retains its status as the most recognized meme token, Pepe’s growth offers another example of how new projects can achieve large-scale adoption and high valuations given strong backing and online visibility.
For new entrants like Apeing, the market environment allows early supporters to follow a project’s evolution before its broader market debut. The team’s ongoing whitelist push and its planned tokenomics model are designed to generate buzz and attract participation ahead of Stage 1.
Apeing has structured its early rollout to focus on limited allocation and substantial price discrepancy between whitelist and listing. As anticipation grows leading up to September 8, it remains to be seen whether Apeing can replicate the viral growth achieved by sector leaders.
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.
TLDR: Dogecoin gained 4.87% as a derivatives squeeze pushed DOGE toward the $0.095 resistance zone. DOGE open interest jumped 8.5% in one hour to $282 million during the short liquidation wave. Dogecoin must hold $0.0813 to preserve its current structure and avoid a potential move toward $0.075. The September 11 U.S. CPI report could become the next major catalyst for DOGE price action. Dogecoin jumped 4.87% in 24 hours to $0.0902, sharply outperforming Bitcoin and the broader crypto market. The move came as leveraged DOGE positions unwound, pushing the meme coin higher during a sharp derivatives-driven rally.
DOGE has also gained about 6% over the past week, extending its recent recovery despite broader market movements. Traders now face a key test around $0.088, while $0.0813 remains an important support level for Dogecoin.
Dogecoin Price Rises as Short Squeeze Drives DOGE Higher CoinMarketCap data shows Dogecoin added 4.87% over 24 hours, while Bitcoin gained only 0.38%. The wider crypto market rose 0.87%, leaving DOGE among the stronger performers during the latest session.
DOGE price on CoinMarketCap The immediate catalyst came from the derivatives market, where DOGE open interest surged 8.5% within one hour. Open interest reached $282 million as short positions faced forced liquidations during the rapid price advance.
Technical signals added further support to the move, according to the supplied market data. DOGE formed a golden cross on its hourly chart, while its daily chart produced a morning doji star pattern.
Alex Marzell also tracked the move on X, noting DOGE’s recovery after Friday’s U.S. jobs report triggered an earlier decline. His chart showed DOGE holding around $0.083 through six flat four-hour candles before a sharp breakout.
$DOGE did exactly what it needed to.
Friday's jobs print dumped it back to the $0.083 base, six flat 4H candles held it, and today one 4H candle ripped $0.0876 to $0.0952 straight back through $0.088.
Old resistance is the new line. Hold $0.088 and I think $0.095 goes next and… pic.twitter.com/y7hW91yCek
— Alex Marzell (@MarzellCrypto) September 5, 2026
Dogecoin Technical Outlook Puts $0.088 Support in Focus The four-hour move pushed DOGE from roughly $0.0876 toward $0.0952 in a single candle.
Marzell’s analysis identified $0.088 as former resistance that could now serve as support.
Holding that level would keep the recent breakout structure intact, while a failure could weaken the setup. CoinMarketCap data places the next major downside support at $0.0813, with $0.075 below that level.
DOGE’s recent momentum has also drawn attention to developments beyond price action. X user Sweep pointed to DogeOS, an EVM-compatible application layer designed to use DOGE for transaction fees.
I’m LONG dogecoin:native
The market is barely pricing DogeOS
It brings an EVM compatible app layer to Dogecoin with DOGE as gas, opening the door for an entire onchain economy to form around it (yes memecoins on doge)
At the same time: DOGE1 targets launch this month, DOGE… pic.twitter.com/FUROcEiRCu
— Sweep (@0xSweep) September 6, 2026
Sweep also cited DOGE-1’s targeted launch this month, DOGE payments across more than 6,000 merchants, and the planned DOGE Pay rollout. The post also referenced House of Doge becoming public and ETF access for Dogecoin.
For the broader market, the next major scheduled catalyst arrives with the U.S. CPI report on September 11. Until then, DOGE traders will watch whether the token can defend $0.088 and retain its recent breakout.
Dogecoin surged 4.87% over the past 24 hours, reaching $0.0902 and outpacing Bitcoin and the broader cryptocurrency market. The rapid move followed a wave of liquidations in the Dogecoin derivatives market, driving renewed momentum for the popular meme coin.
Short squeeze triggers Dogecoin rallyMarket data from CoinMarketCap indicated that Dogecoin saw a sharper gain than both Bitcoin, which added 0.38%, and the overall crypto market, which posted a 0.87% rise during the same period. The standout performance was linked to a sudden squeeze in DOGE derivatives, as investors with short positions were forced to close out following the price jump.
DOGE open interest surged 8.5% within just one hour, climbing to $282 million as the abrupt price swing took hold. This rapid liquidation of short positions sparked a pronounced upward move, with Dogecoin standing out among major cryptocurrencies for its strong recovery.
On the technical side, analysts noted that Dogecoin’s hourly chart completed a golden cross—a bullish signal where the short-term moving average moves above the longer-term trend. In addition, a morning doji star pattern appeared on the daily chart, suggesting further optimism among traders.
On X, market watcher Alex Marzell highlighted how Dogecoin recovered after dipping to $0.083 on Friday, when the US jobs report led to broader crypto declines. Marzell observed that DOGE moved sideways for several four-hour candles before breaking out sharply above $0.088.
DOGE did exactly what it needed to, holding near its $0.083 base across six steady four-hour candles, before one sharp move lifted it from $0.0876 to $0.0952, clearing the $0.088 resistance.
Key price levels and technical structureThe price swiftly climbed from around $0.0876 to an intraday high of $0.0952. Following the move, former resistance at $0.088 now appears to have become short-term support, potentially providing a floor for further upward movement. Analysts noted that remaining above this level could help preserve the recent bullish structure, while a drop below would leave DOGE vulnerable to downside targets at $0.0813 and $0.075.
Recent trading patterns have also drawn attention to ongoing developments within the Dogecoin ecosystem. X user Sweep commented on DogeOS, a new application layer protocol for Dogecoin that aims to enable Ethereum Virtual Machine (EVM) compatibility and integrate DOGE as a transaction fee token. Market participants see DogeOS as an important step toward a broader on-chain economy built around Dogecoin.
Mini dictionary: DogeOS, an application protocol designed to bring EVM compatibility to Dogecoin, allows developers to build decentralized applications and use DOGE for transaction fees.
The market has not yet fully priced the impact of DogeOS, which brings an EVM-compatible layer to Dogecoin and uses DOGE as gas, potentially enabling a dynamic on-chain economy.
Other Dogecoin milestones expected soon include the DOGE-1 lunar mission’s anticipated launch this month, greater adoption through more than 6,000 merchant payment points, and the upcoming DOGE Pay solution. Developments like House of Doge going public and potential ETF access for Dogecoin have also been spotlighted by community members.
Catalysts ahead for Dogecoin tradersLooking ahead, traders are focusing on the September 11 US Consumer Price Index (CPI) report as a potential market-moving event for cryptocurrencies, including Dogecoin. In the meantime, analysts highlight the importance of DOGE holding above $0.088 to maintain its recovery and keep the bullish technical pattern intact.
Asset24h Price ChangeCurrent PriceKey SupportKey ResistanceOpen Interest (Latest)Dogecoin (DOGE)+4.87%$0.0902$0.088 / $0.0813 / $0.075$0.0952$282 millionBitcoin (BTC)+0.38%Not statedNot statedNot statedNot statedDogecoin’s latest rally underscores heightened volatility in crypto markets ahead of important macroeconomic announcements, with traders assessing whether DOGE can extend its gains and defend current support levels.
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 Cardano currently holding around $0.21–$0.224 with modest weekly gains Technical analyst projects possible rally to $2.90, representing 14x upside potential Decentralized exchange volumes on Cardano network tripled within 48 hours, rising from $2M to $7M+ Major wallet addresses holding 1M–10M ADA added 60 million tokens in recent accumulation phase Multiple technical signals including RSI and MACD showing bullish momentum Cardano (ADA) is currently positioned at approximately $0.224 as of Friday’s trading session, maintaining upward momentum after establishing solid support above critical moving average levels earlier in the week. The digital asset has posted approximately 17% gains over the past seven days, bolstered by expanding on-chain activity and substantial accumulation from institutional-sized wallet holders.
Cardano (ADA) Price A market analyst posting on X platform has presented an optimistic outlook for ADA, forecasting a substantial 14x price appreciation that would propel Cardano from current levels to approximately $2.92. According to this analyst’s perspective, the market bottom may have already been established, positioning ADA for a significant upward trajectory.
Market commentator Sssebi expressed their perspective on X, noting that “$ADA is not giving up” and emphasizing that “the longer it tests the resistance, the higher chance to break it.” These remarks coincided with ADA’s persistent testing of key resistance zones.
Blockchain analytics from DeFiLlama reveal that Cardano’s decentralized exchange trading activity has experienced a remarkable threefold expansion within a mere 48-hour period, surging from $2.01 million to $7.28 million. This dramatic increase signals heightened engagement across the network.
Large Holder Accumulation Provides Price Support According to on-chain intelligence from Santiment, wallet addresses containing between 1 million and 10 million ADA tokens have acquired an additional 60 million tokens starting Sunday. This strategic accumulation by major market participants during price dips has provided consistent upward pressure throughout the trading week.
Source: Santiment The total value locked within Cardano’s ecosystem has experienced notable growth, advancing from 268.47 million ADA on August 28 to 299.81 million ADA currently, representing an increase of over 31 million ADA in less than a two-week span. Additionally, DeFi platform RealFi has confirmed its scheduled deployment on the Cardano network for October 1.
Futures market data compiled by CoinGlass indicates ADA’s long-to-short ratio currently stands at 1.10, approaching its peak level observed over the past month. Funding rates have also shifted into positive territory, registering 0.0087% on Friday, suggesting that market participants are predominantly positioned for price appreciation.
Technical Analysis Overview ADA is currently positioned above both its 50-day and 100-day exponential moving averages, though it continues trading beneath the 200-day EMA. The Relative Strength Index registers at 64, indicating bullish momentum while remaining outside overbought conditions. The MACD indicator has crossed into slightly positive territory.
Source: TradingView Primary resistance levels are located at the 61.8% Fibonacci retracement near $0.231, followed by $0.236, with the 200-day EMA zone positioned around $0.245. Immediate support can be found near $0.213, while the 100-day EMA provides additional support at $0.198.
A noteworthy development: stablecoin market capitalization deployed on Cardano has contracted from $67.95 million to $63.97 million, according to DeFiLlama tracking.
The current long-to-short ratio of 1.10 combined with the positive funding rate of 0.0087% recorded Friday underscore the prevailing bullish sentiment within derivatives trading venues.
Cardano (ADA) traded near $0.224 on Friday, marking a strong week of upward movement following gains across major support levels. The digital asset climbed 17% over the past seven days, supported by growing on-chain activity and a surge in purchases by large wallet holders.
Analysts see breakout potentialTechnical analysts on X have turned positive on ADA’s price potential. One market commentator projected that Cardano could rally as high as $2.92—representing nearly 14 times its current value—if bullish momentum persists. This optimistic outlook follows ADA’s continued testing of key resistance areas throughout the week.
Commentator Sssebi shared their views on social media, stating that ADA’s persistence at resistance levels increases the probability of a breakout. As ADA traded within these zones, Sssebi emphasized the coin’s resilience and ongoing optimism among traders.
$ADA is showing persistence at resistance levels. The longer it remains in this range, the greater the potential for a breakout, according to market observers.
DEX activity and on-chain data signal growthBlockchain analytics provider DeFiLlama reported a dramatic surge in decentralized exchange (DEX) trading on the Cardano network. Within a 48-hour period, trading volumes soared from $2.01 million to $7.28 million, signaling heightened user engagement and investor interest.
Santiment, an analytics firm specializing in blockchain data, indicated that Cardano wallets holding between 1 million and 10 million ADA collectively purchased an additional 60 million tokens starting Sunday. This wave of accumulation from large holders provided consistent upward price pressure during the week.
The total value locked (TVL) in Cardano’s decentralized finance (DeFi) ecosystem increased notably as well, rising from 268.47 million ADA on August 28 to 299.81 million ADA. The blockchain is also set to integrate DeFi platform RealFi on October 1, aiming to further expand its decentralized finance offerings.
Mini dictionary: RealFi, short for “Real Finance,” is a DeFi platform that aims to connect real-world assets and financial activities to blockchain-based decentralized protocols.
Derivative market analytics from CoinGlass showed a long-to-short ratio of 1.10 for ADA, approaching the month’s high. Futures funding rates turned positive at 0.0087% on Friday, reflecting an overall bullish bias among leveraged traders.
MetricValueChange/TimeframePrice (ADA)$0.224+17% past 7 daysDEX Volume$7.28 millionTripled in 48 hoursLarge Holder Accumulation60 million ADASince SundayTVL299.81 million ADAIncrease of 31 million ADA since Aug 28Long/Short Ratio1.10Highest in a monthFunding Rate0.0087%FridayTechnical indicators show bullish setupCardano is trading above both its 50-day and 100-day exponential moving averages (EMA), although it remains slightly below the 200-day EMA. The relative strength index (RSI) stands at 64, suggesting firm bullish momentum without entering overbought territory. The MACD technical indicator recently crossed into mildly positive territory as well.
Key resistance is identified at the 61.8% Fibonacci retracement near $0.231 and $0.236, while the 200-day EMA stands at around $0.245. Immediate support lies at $0.213 with additional stability provided by the 100-day EMA at $0.198.
Despite positive breadth in multiple metrics, total stablecoin market capitalization on Cardano has contracted slightly from $67.95 million to $63.97 million, according to DeFiLlama.
ADA is currently above mid-term moving averages, but technical analysts highlight ongoing resistance near $0.231 as a key marker for future momentum.
Continued accumulation by large holders, combined with rising DEX activity and a favorable derivatives outlook, has contributed to positive sentiment throughout the Cardano ecosystem.
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.
Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody.
The exchange said it began a permanent closure process after a forensic audit found more than $7 million in custodial assets had moved to wallets it did not manage, according to a company announcement shared on X on Thursday.
“Our sole priority now is to return as much of our clients’ assets as possible,” Orionx said, adding that withdrawals are temporarily suspended.
The closure comes just 15 months after Tether led Orionx’s Series A as part of its push to expand digital asset adoption in Latin America.
Orionx leaves timing of $7 million transfers unclearOrionx’s post did not specify when the more than $7 million in transfers occurred or how the discrepancy was initially uncovered.
As part of its efforts to comply with Chile’s Fintech Law, Orionx conducted a review of its operations in 2025 and brought in financial professionals, according to the major Chilean newspaper La Tercera, citing the company’s criminal complaint.
On Aug. 27, chief operating officer Thomas Mac Millan detected a “significant mismatch” between balances recorded in Orionx’s systems and assets actually held in custody, according to the complaint.
An internal review followed, and Orionx later commissioned an external forensic audit that compared its records with data verifiable onchain. The audit found that balances recorded in Orionx’s systems exceeded the assets held at its custody addresses for Bitcoin (BTC), Ether (ETH), XRP and Polygon (POL).
The criminal complaint reportedly alleges that assets were transferred out of Orionx’s custody between 2018 and 2021, including to accounts on other crypto platforms.
Orionx accuses co-founders, who deny wrongdoingOrionx said it filed a criminal complaint on Wednesday against former executives Roberto Zibert and Joaquín Díaz, both co-founders who allegedly had access to the company’s crypto custody systems.
The complaint alleges that an account associated with Díaz received more than $1.5 million across 14 transfers, while another wallet allegedly received 187 Ether, more than 4.1 million USDt (USDT) and 200,000 USDC from Orionx, La Tercera reported.
Former executive and Orionx co-founder Roberto Zibert. Source: LinkedIn
Zibert and Díaz denied the allegations, saying they never acted against customers’ interests and that the cause of Orionx’s asset shortfall remains unclear.
Tether backed Orionx in 2025Founded in Chile in 2017, Orionx grew from a retail crypto exchange into a platform offering crypto payment and financial services in Chile, Peru, Colombia and Mexico.
Tether invested in Orionx in June 2025, exclusively leading the exchange’s Series A funding round, according to an archived version of Tether’s announcement. The announcement is no longer available on Tether’s website.
Cointelegraph contacted Tether and Orionx for comment but had not received a response by publication.
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