Renowned trader Bonk Guy posted that: “I have been observing and trading meme coins across three consecutive cycles. Over the past few years, I have publicly called nearly every meme coin rally that hit a multi-billion-dollar market cap, and have repeatedly turned positions worth tens of thousands to over $100k into profits of millions, even tens of millions of dollars. What I’m telling you now is: USELESS could be a notable DOGE/PEPE-style opportunity in this cycle. Whether you believe it or not is up to you—but many will likely end up entering at a much higher valuation level.”
Bonk [BONK] has rallied 20.5% since Monday, the 31st of August. Measured from the swing low at $0.00000222 made on the 13th of August, BONK is up 51.8%.
This rally has also breached a descending trendline resistance that stretched back to May. The memecoin has had a bearish higher timeframe price structure since February 2025, when it fell below the $0.000015 swing low.
The breach of the trendline resistance and the steady gains of the past three weeks were a welcome change for the BONK bulls. Yet the memecoin is still down 91.7% from its high of $0.00004075 in July 2025.
Are the recent gains a turnaround in the long-term trend, or only a minor bounce that holders should use to exit the market?
A tough path ahead for BONK bulls In the past 24 hours, BONK has rallied just over 6%. Its daily trading volume is up by 50%, though the weekend has settled over the crypto market.
Source: BONK/USDT on TradingView The Bitcoin [BTC] price dip below $80k on Friday did little to halt the memecoin’s demand. BONK managed to clear the trendline resistance (green) and was also past the lower high at $0.00000318, made in July.
The CMF was at +0.13 to signal sizeable capital inflows into the memecoin’s market.
Coupled with steady demand was the steady upward momentum. The RSI rebounded off neutral 50 and was climbing higher alongside prices.
Traders’ call to action- Stay bullish Source: BONK/USDT on TradingView In the past two weeks of trading, a range formation has developed (purple) that reached from $0.00000284-$0.00000338. If the range’s upper extreme can be flipped to support, it would signal another bullish BONK price move.
Source: CoinGlass The liquidation heatmap highlighted the cluster of short liquidations from $0.0000037-$0.0000041. If there is sufficient demand for the memecoin, it could climb above this magnetic zone.
However, if BTC sees a momentum shift, BONK might tap these liquidity pockets and face rejection. Hence, traders must watch how the altcoin reacts at the range high, and also within the $0.0000040 magnetic pocket, to understand if the bullish trend can continue.
Final Summary BONK has made sizeable gains in the past three weeks, and showed early signs of a bullish structure shift. The selling pressure in recent months was beginning to be unmade, but the current momentum depends on Bitcoin too.
The Trump administration is launching a controversial collection of retro arcade-style video games that convert immigration enforcement into pixel-based play.
Details on the project emerged through an official White House announcement on social media.
Two of the five titles center on border security, including one where a player directs a digital border official in pursuit of migrants along a river grid and another that uses falling blocks to block pixel figures from crossing a boundary.
CAN’T STOP WINNING. ?
Build the wall. Deport. Fill a Trump Account.
LIVE – PLAY NOW ? https://t.co/qIR69AxSnm pic.twitter.com/2nr2jG1ZRg
— The White House (@WhiteHouse) September 3, 2026
Additional games address food standards and legislation navigation with lighter themes.
Reaction spread quickly across social platforms with mixed responses ranging from amusement to outrage.
The administration is presenting the games as a fresh method to showcase its record and contrast it with opposing political views.
MAGA Inc., a political action committee aligned with former President Donald Trump, has allocated $10 million for the upcoming general election in Texas. This marks the first major expenditure by the group in the 2026 election cycle, focusing on pivotal races including the U.S. Senate and gubernatorial contests. Recent polls indicate tight races, with the Senate contest between James Talarico and Ken Paxton showing a dead heat. The governor’s race is similarly competitive, with incumbent Greg Abbott holding a narrow lead over challenger Gina Hinojosa. The infusion of national Republican funds into Texas suggests a strategic effort to bolster GOP candidates in a state where elections are highly contested.
Key Takeaways The $10 million expenditure by MAGA Inc. suggests strong support for Republican candidates in Texas. Current market pricing for the Texas Senate race shows a slight increase in support for a Republican victory, with odds moving to 50.5% YES. The competitive nature of both the Senate and governor’s races in Texas is underscored by the significant financial commitment from national Republican sources. What to Watch Observers will be closely monitoring the impact of MAGA Inc.’s financial involvement on the Texas campaigns. Future polling results and campaign activities, such as rallies and endorsements, will be key indicators of how these funds may influence voter sentiment. Additionally, developments in the Democratic strategy and any shifts in voter registration efforts could further affect the dynamics of these closely watched races. As the election approaches, any major endorsements or controversies could significantly shift the current market pricing.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Hyperliquid co-founder Jeff Yan announced that HyperCore has launched manual lending functionality on its mainnet. HyperEVM smart contracts can call HyperCore’s borrowing and lending functions via CoreWriter, and access relevant data through precompiled contracts.
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.
According to on-chain data, Trade.XYZ has deployed its HIP-4 decentralized exchange (DEX) on Hyperliquid. Transaction records show the deployment was completed at 21:15 Beijing time on September 5.
Hyperliquid and Payward are discussing regulated US access to selected perpetual futures. Bitnomial already holds the exchange, clearing and brokerage licenses needed for a domestic derivatives stack. A US product would likely offer fewer markets and tighter leverage while adding KYC and regulated custody. The larger fight is over whether perpetuals belong in the US futures market at all, an issue CME is challenging in federal court. Hyperliquid may be coming to the United States, but American traders are unlikely to get the platform they know today. Talks between Hyperliquid Labs and Kraken parent Payward center on routing selected perpetual futures through Bitnomial, the regulated derivatives business Payward acquired this year. The proposal offers a practical answer to President Donald Trump’s call to bring Hyperliquid onshore legally: keep the global venue intact and build a separate product inside the US derivatives framework. Formal approval has not been granted.
Payward Already Owns the Regulatory Stack Hyperliquid Needs The hardest part of a US launch is not recreating Hyperliquid’s interface. It is finding regulated infrastructure capable of listing, clearing and intermediating derivatives for American customers.
Payward acquired Bitnomial in May after agreeing to a transaction valued at up to $550 million. Bitnomial operates a CFTC-registered Designated Contract Market, Derivatives Clearing Organization and Futures
Commission Merchant, giving Payward an integrated exchange, clearing and brokerage structure. Payward explicitly said the acquisition would support regulated perpetuals, options and spot-margin products for eligible US clients.
That makes the proposed Hyperliquid arrangement less dependent on building a new regulated business from zero. Hyperliquid could contribute markets, technology or liquidity while Bitnomial handles the parts of the transaction that need to sit inside the US regulatory perimeter.
Payward has reportedly already presented the CFTC with a proposed structure, although regulators have not approved the arrangement. Former SEC counsel Ashley Ebersole has estimated that a path involving both the
CFTC and SEC could still require roughly 10 to 12 months.
What US Traders Would Actually Get The easiest way to understand the proposal is to compare what makes Hyperliquid attractive globally with what is likely to survive US regulation.
Hyperliquid: Global vs. Proposed US Model
How regulatory access could change the product
FEATURE
GLOBAL
US MODEL
Access
Permissionless
KYC required
Markets
Broad selection
Selected contracts
Leverage
Crypto-native limits
Likely lower limits
Custody
Onchain model
Regulated protections
Operator
Hyperliquid ecosystem
Bitnomial infrastructure
The US structure remains under discussion and has not received final regulatory approval.
The table also exposes the commercial question behind the proposal. Hyperliquid would gain legal access to American customers, but some of the features that distinguish its global market would be constrained.
That does not necessarily make the US version unattractive. For traders currently unable to access regulated perpetual futures with Hyperliquid-linked liquidity or market design, a narrower product can still open a market that effectively does not exist for them today.
Perpetuals Are the Regulatory Battleground The Hyperliquid talks are possible because the US treatment of perpetual futures has already begun to change.
Perpetuals have no expiration date and use mechanisms such as funding payments to keep contract prices aligned with the underlying market. They became the dominant crypto derivatives format offshore, while US regulated markets continued to rely heavily on conventional dated futures.
In May, the CFTC allowed Kalshi and Coinbase to list perpetual futures as futures contracts. That decision did more than approve individual products. It challenged the longstanding argument that contracts structured this way should instead fall under the swaps framework.
For Hyperliquid, the classification is crucial. A pathway through a CFTC-regulated futures exchange becomes much more viable if perpetuals can legally sit alongside conventional futures rather than being pushed into a separate swaps regime.
CME Is Fighting the Rulebook Hyperliquid Would Depend On The same regulatory opening has triggered opposition from the largest incumbent in US derivatives.
According to Financial Times, CME sued the CFTC and Chairman Michael Selig on June 18, asking a federal court to overturn the agency’s perpetual-futures policy. The complaint argues that crypto perpetual contracts are swaps rather than futures under the Commodity Exchange Act and Dodd-Frank and accuses the regulator of reversing its previous interpretation without adequate justification.
That lawsuit is directly relevant to Hyperliquid’s prospects. If CME succeeds, the regulatory route that makes a Bitnomial-based product attractive could become considerably more complicated.
The dispute also has a competitive dimension. Regulated perpetuals would allow crypto-native venues to bring a product category developed offshore into the same US derivatives market where established exchanges compete for retail and institutional volume. Reuters reported that global perpetual-futures trading volume rose 29% last year to $61.7 trillion, illustrating the size of the market US exchanges are contesting.
CME CEO Terry Duffy has also criticized the risk profile of perpetual products, particularly the high leverage available on some offshore venues. A US Hyperliquid product would likely address that objection partly through lower leverage requirements rather than attempting to reproduce offshore conditions.
The SEC Could Determine Which Markets Make the Cut CFTC approval would not automatically give a US platform access to every contract traded globally.
The underlying token matters. Commodity-based derivatives fit more naturally within CFTC jurisdiction, while products involving assets treated as securities can introduce SEC requirements. That makes the selection of markets a regulatory decision as much as a commercial one.
A realistic launch could therefore begin with a limited group of assets whose regulatory treatment is relatively clear, then expand as the agencies establish broader rules.
This is one reason the reported 10-to-12-month timeline should not be interpreted as a fixed launch date. The proposal still has to resolve product design, custody, leverage, clearing and the regulatory status of the underlying markets.
The Real Prize Is a US Perpetuals Market Hyperliquid is only one participant in a much larger change.
Payward’s Bitnomial acquisition, Coinbase’s perpetual products and Kalshi’s expansion show that firms are positioning for a US market where perpetual contracts extend beyond their offshore crypto origins. Kalshi is already seeking to apply the structure to assets such as equities, foreign exchange, metals and even crude oil.
For Payward, a Hyperliquid partnership could add crypto-native markets and liquidity to regulatory infrastructure it already spent heavily to acquire. For Hyperliquid, it could provide distribution to US traders without waiting to build an exchange, clearinghouse and brokerage operation independently.
The decisive issue is therefore not whether regulators can reproduce the global Hyperliquid experience. They almost certainly will not.
The question is whether Hyperliquid’s liquidity and market design remain compelling after leverage is reduced, identity checks are introduced and the available contracts are narrowed. If traders still migrate to the regulated product, the model could show other offshore derivatives businesses that entering the US no longer requires importing their entire platform.
CME’s lawsuit may determine how wide that door ultimately opens.
Hyperliquid, a decentralized perpetuals platform, plans to enter the U.S. market by leveraging Kraken’s Bitnomial licenses, according to CoinDesk. This strategic move involves collaborating with Payward, Kraken’s parent company, to utilize Bitnomial’s CFTC-regulated exchange infrastructure. The proposal, reportedly submitted to the Commodity Futures Trading Commission for review, would allow U.S. market participants to access a limited selection of Hyperliquid’s perpetual futures. This development marks Hyperliquid’s first formal entry into the U.S. market, though its full offshore application remains geoblocked for American users.
Advertisement
Key Takeaways Hyperliquid’s strategy to enter the U.S. market appears to leverage Kraken’s established regulatory footprint. Market pricing suggests participants are moderately optimistic about Hyperliquid reaching significant price milestones by year-end. The move could indicate a growing trend of crypto platforms seeking regulated U.S. market participation. What to Watch The outcome of the CFTC’s review of Hyperliquid’s proposal will be crucial in determining the platform’s ability to operate in the U.S. market. Market participants will likely monitor any official announcements from Hyperliquid or Kraken regarding the approval status. Additionally, any shifts in market sentiment or pricing could be influenced by broader crypto market dynamics and regulatory news.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h December 31 64% — — View market → January 1 2027 4% — — View market → January 1 2027 2.9% — — View market → January 1 2027 5.9% — — View market → January 1 2027 2.8% — — View market → January 1 2027 87.5% — — View market → January 1 2027 10.5% — — View market → January 1 2027 4.5% — — View market →
Bitcoin remained largely unchanged amid the latest escalation in the U.S.-Iran war, with the U.S. striking three Iranian oil tankers in retaliation for earlier attacks on its warships. However, BTC faces a huge and potentially volatile week ahead with the release of the latest inflation readings.
Bitcoin Holds Steady Amid Latest U.S.-Iran Attacks In an X post, the U.S. Central Command (CENTCOM) revealed that its forces struck three Iranian oil tankers after Iran launched missiles at two U.S. Navy warships. “Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher economic cost —taking out three of yours,” CENTCOM commander Adm. Brad Cooper said.
Bitcoin held steady amid these latest attacks, trading just below the psychological $80,000 level. BTC is trading at around $79,800, up less than 1% on the day, according to TradingView data.
Source: TradingView; Bitcoin daily chart Bitcoin had tumbled yesterday following the release of the August U.S. jobs report, which came in way stronger than expected. This boosted bets of a potential Fed rate hike, which could happen as soon as this month’s FOMC meeting.
Fed Governor Chris Waller eased concerns about a September rate hike earlier in the week, saying he was leaning toward holding rates unchanged. However, he noted that the upcoming August inflation readings could sway his decision.
All Eyes On Next Week’s CPI and PPI Data The market is focused on the release of the August CPI and PPI data next week, which could spark significant volatility for Bitcoin and the broader crypto market. Waller mentioned that a hot inflation reading could prompt him to consider a hike.
Meanwhile, other Fed officials such as Fed President Beth Hammack have also raised concerns about rising inflation, signaling their readiness to back a hike. Fed Chair Kevin Warsh, in his Jackson Hole speech, vowed that they are ready to do what they must do if inflation doesn’t show signs of slowing.
Ahead of the CPI and PPI release, crypto traders are almost evenly split on whether the Fed will hold or hike rates at the September FOMC meeting. Data from the top crypto prediction market platform Polymarket shows a 51% chance that they will hold rates steady and a 50% chance they will hike rates.
According to analysts, there are two scenarios for Bitcoin's price, which has recently surged, to remain permanently above $80,000.
CoinShares stated that Bitcoin has exhibited increasingly gold-like price behavior over the past two weeks, and renewed concerns about the US fiscal sustainability have supported the rise in BTC. According to the company, the US Treasury Department’s purchases of long-term government bonds and concerns about public debt have been instrumental in Bitcoin’s rise from lows of $60,000 to $80,100.
However, CoinShares added that the main constraint on Bitcoin’s rise remains the Fed’s monetary policy. The company assessed that for Bitcoin to achieve a sustained breakout above $80,000, one of two main scenarios might need to materialize.
In the first scenario, a resolution to the conflict with Iran would lead to a decline in oil prices and, consequently, inflation expectations. Such a development could reduce inflationary pressure on the Fed, creating a more supportive environment for risky assets.
The second scenario involves a further weakening of confidence in US government debt. According to CoinShares, deepening concerns about the sustainability of the US debt could lead investors to turn to non-governmental stores of value such as Bitcoin and gold, potentially strengthening demand for BTC.
*This is not investment advice.
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Bitcoin remains locked in a post-breakout consolidation phase, but the latest rejection from the upper end of the structure shows that buyers are still struggling to generate sustained momentum above $80K. The broader trend remains constructive, although the current range leaves BTC vulnerable to further liquidity-driven swings before its next directional move.
Bitcoin Price Analysis: The Daily Chart Bitcoin’s daily structure remains significantly stronger than it was before the August breakout. The asset is holding well above the former $72K-$74.5K resistance zone and both moving averages, preserving the broader bullish shift despite the recent loss of momentum.
However, BTC has repeatedly encountered selling pressure inside the $80.5K-$82.5K resistance zone. The latest attempt briefly pushed toward $82K before being rejected, sending the price back below $80K. This inability to establish acceptance above the resistance area suggests that supply remains active at higher prices.
At the same time, the asset continues to trade within a gradually ascending channel. Its lower boundary currently sits around the $76K-$77K region, making this the most important nearby structural support. As long as BTC remains above this area, the ongoing price action can still be interpreted as consolidation following the sharp rally rather than a confirmed bearish reversal.
A decisive breakout above the $80.5K-$82.5K zone would strengthen the continuation scenario. Conversely, losing the channel support around $76K-$77K could trigger a more substantial correction, with the former $72K-$74.5K breakout zone becoming the next major area of interest.
BTC/USDT 4-Hour Chart The 4-hour chart highlights the market’s current indecision more clearly. BTC rallied from the lower boundary of the ascending structure near $76.5K-$77K and quickly tested the $81K-$82K area, only for sellers to reject the move once again.
Price subsequently dropped toward $79.5K and has entered a tight short-term consolidation. This creates a notable contrast between the rising channel structure and the repeated failures near its upper boundary. Buyers are still defending higher lows, but they have yet to demonstrate enough momentum to convert the $80.5K-$82.5K supply area into support.
The $76.5K-$77.5K region therefore remains crucial. Another test of this zone could determine whether the ascending structure survives. A strong reaction would keep a renewed push toward $81K-$82K in play, whereas a breakdown would indicate that the consolidation is transitioning into a deeper corrective phase.
Sentiment Analysis The one-week BTC liquidation heatmap shows substantial liquidity on both sides of the current price, which supports the possibility of continued choppy trading and liquidity sweeps.
Above the market, notable liquidation concentrations appear around $81K-$82K and extend toward approximately $84K. These clusters could attract price if buyers regain momentum.
However, the downside liquidity is particularly relevant following the latest rejection. A broad and comparatively dense concentration is visible below the market, especially around the $76K-$78K region. This aligns closely with the lower boundary of the ascending technical structure.
As a result, a downside liquidity sweep toward $76K-$78K remains a plausible near-term scenario before another recovery attempt. Such a move would not automatically invalidate the broader bullish setup, but a sustained breakdown beneath this region would increase the probability of a deeper retracement toward the $72K-$74.5K support zone.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
BTC's major rally allowed many investors to dispose of their assets. What's next for its price?
CryptoQuant data shows that bitcoin investors started realizing major profits after the explosive August rally, disposing of roughly 110,000 BTC in just a few weeks.
Such highly concentrated profit-taking developments have historically been followed by substantial price correction for the underlying asset, the analysts warned. Moreover, several demand indicators have weakened, which could add to the selling pressure.
110K BTC Profit Taken The major run that began on August 19 at prices of under $65,000 drove the leading cryptocurrency to almost $80,000 in just two days. According to CQ’s latest weekly report, holders realized net profits of 23,000 BTC on that day alone (August 21), which became the largest single-day profit realization this year.
The asset indeed dipped in the following days as it felt almost inevitable after such a gigantic jump, but went on the offensive once again in the following week or so. It rocketed past $82,000 on Friday before it was rejected following the US jobs report, and now sits below $80,000.
The report described the major profit-taking as a classic characteristic of a bullish cooldown, but warned that if they continue at such a rapid pace, the asset’s price could be primed for another correction. Historical occurrences have shown that BTC tends to dump hard after a major rally if investors are not convinced about its potential.
“It is a hallmark of a bullish cooldown: bullish because it happens into strength, cautionary because concentrated realization can cap near-term upside,” reads the report.
Bitcoin Profit Taking. Source: CryptoQuant Cooling Demand CryptoQuant outlined another reason why BTC could be primed for a more profound correction, even though it already slipped from $82,400 to $79,600. Its apparent spot demand briefly expanded by 43,000 units, marking its fastest growth pace of the year. However, that metric has lost its momentum and is now back in contraction.
US investors’ demand has weakened as well. The most used metric for this, the Coinbase Premium, measuring the price difference between the asset on the leading US exchange and other trading platforms, has returned to slightly negative territory at -0.05.
You may also like: Bitcoin’s $3K Drop Comes as Fed Rate Hike Bets Surge, but Analyst Remains Bullish Bitcoin Is Back Above $80,000, But Fidelity Says the Bear Market May Not Be Over Yet Bitcoin ETF Inflows Exceed $700M as Historical Pattern Points to BTC Local Top The analysts said similar periods of soft US spot demand have capped the cryptocurrency’s rallies three other times this year alone.
Nevertheless, the short-term picture does not necessarily mean that BTC’s run is over and that it will return to a bearish phase. The Bull Score currently stands at 70, which is above the 60 threshold historically associated with sustainable bull markets.
” This keeps the broader picture constructive: Bitcoin remains in the early phase of a new bull market even as short-term momentum cools. The “official” bull market begins once price closes above its 365-day moving average,” they added, outlining that this key MA is located at around $83,000 – the level that stopped BTC in May.
In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying "Noah Doe" lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research's blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
Myriad: Bitcoin's next price move? Click to make your prediction.The largest, holding 146.06 BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in BTC into more than $3 million—by sitting on it for close to 15 years.
Two smaller wallets rounded out the batch: 10 BTC untouched since June 2011, worth about $777,000, and 6.78 BTC last active in February 2011, valued near $551,000. The oldest coins carried astronomical paper gains, with the 2011-era holdings up more than 2,000% and, in one case, over 500,000% from their original cost.
The follow-up flurry extends a trend that’s sped up during the summer. Recent data from Galaxy chart shows Bitcoin's oldest cohort, coins untouched for a decade or more, stirring at a pace rarely seen in 2026. An earlier wave saw six wallets move roughly $40 million in a single 10-day stretch in August.
Most such movements leave the coins' fate ambiguous, since a transfer alone doesn't reveal whether an owner is selling, consolidating or shifting to new custody. This time, one wallet offered a clearer signal.
Galaxy tagged the 6.78 BTC transfer with a recipient attribution of Coinbase, indicating the decade-old coins were sent to the exchange, a move typically associated with an intent to sell rather than simply relocate funds.
Several of the reawakened wallets also carried "Noah Doe" sender tags, a reference to the New York lawsuit seeking to have thousands of dormant addresses declared abandoned property. Named wallets tied to that case have been stirring regularly since a judge paused the proceedings in June.
Why so many vintage holders are moving now remains unclear, but each awakening revives questions about long-lost supply returning to circulation.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Four more long-dormant Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 BTC (~$15.73 million), per Galaxy Research—led by a 146.06 BTC stash ($11.31M) untouched since 2013. The 2011-era coins carried astronomical gains, including a 40 BTC wallet up over 2.5 million percent; one 6.78 BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell. The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying "Noah Doe" lawsuit tags. The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research's blockchain monitoring, the awakened wallets moved a combined 202.84 BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
Myriad: Bitcoin's next price move? Click to make your prediction.The largest, holding 146.06 BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in BTC into more than $3 million—by sitting on it for close to 15 years.
Two smaller wallets rounded out the batch: 10 BTC untouched since June 2011, worth about $777,000, and 6.78 BTC last active in February 2011, valued near $551,000. The oldest coins carried astronomical paper gains, with the 2011-era holdings up more than 2,000% and, in one case, over 500,000% from their original cost.
The follow-up flurry extends a trend that’s sped up during the summer. Recent data from Galaxy chart shows Bitcoin's oldest cohort, coins untouched for a decade or more, stirring at a pace rarely seen in 2026. An earlier wave saw six wallets move roughly $40 million in a single 10-day stretch in August.
Most such movements leave the coins' fate ambiguous, since a transfer alone doesn't reveal whether an owner is selling, consolidating or shifting to new custody. This time, one wallet offered a clearer signal.
Galaxy tagged the 6.78 BTC transfer with a recipient attribution of Coinbase, indicating the decade-old coins were sent to the exchange, a move typically associated with an intent to sell rather than simply relocate funds.
Several of the reawakened wallets also carried "Noah Doe" sender tags, a reference to the New York lawsuit seeking to have thousands of dormant addresses declared abandoned property. Named wallets tied to that case have been stirring regularly since a judge paused the proceedings in June.
Why so many vintage holders are moving now remains unclear, but each awakening revives questions about long-lost supply returning to circulation.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Someone bought 40 Bitcoin for about $120 back in November 2011. Then they did absolutely nothing for nearly 15 years. That patience, whether intentional or accidental, just paid off to the tune of $3.09 million.
The wallet, dormant since November 5, 2011, moved its entire balance on September 3, 2026, in a transaction recorded at block 965330. At the time of the original purchase, Bitcoin traded at roughly $3 per coin. The realized gain works out to more than 2,571,899%.
The ultimate hodl, and its legal complications This isn’t just a feel-good story about diamond hands. The address behind the transfer has been identified as “Noah Doe #38097,” a designation tied to a sprawling class-action lawsuit filed in New York.
That lawsuit targets 39,069 dormant Bitcoin addresses in an attempt to reclaim roughly 3.7 to 3.8 million BTC. At current prices, that stash could be worth up to $293 billion. The legal theory rests on a straightforward premise: if wallets haven’t moved in over a decade, the Bitcoin inside them has effectively been abandoned and should be subject to claims.
Advertisement
The September 3 transaction is exactly the kind of event that undermines abandonment arguments. If the original owner still controls their private keys and can move funds at will, calling those assets “abandoned” becomes a much harder sell in court.
Galaxy Research flagged the transaction, noting the staggering percentage gain and its implications for the ongoing litigation. The receiving address, notably, has not been linked to any exchanges or known custodians, suggesting the owner moved their Bitcoin to another personal wallet rather than cashing out.
A pattern, not an anomaly This wallet isn’t an isolated case. Throughout August 2026, multiple wallets from the same 2011 vintage began showing signs of life after years of inactivity.
On August 6, 2026, another long-dormant wallet transferred 49.97 BTC worth approximately $3.2 million. That transaction followed a similar pattern: coins acquired cheaply over a decade ago, sitting untouched through multiple bull and bear cycles, then suddenly on the move.
Each activation weakens the plaintiff’s case by shrinking the pool of addresses that can plausibly be called abandoned.
What $293 billion in legal limbo means for markets If 3.7 to 3.8 million BTC were somehow released back into circulation through a court order, that would represent a supply shock unlike anything the market has ever seen. For context, Bitcoin’s total circulating supply is around 19.7 million coins. Unlocking that much dormant supply would increase liquid Bitcoin by nearly 20%.
Regulatory bodies are likely watching these proceedings closely. A ruling that dormant crypto can be reclaimed could open the door to escheatment laws, the same rules that let states seize forgotten bank accounts and unclaimed property, being applied to digital assets. Several US states have already begun exploring how existing unclaimed-property statutes might cover cryptocurrency, and a high-profile court case could accelerate that process considerably.
For the anonymous owner of “Noah Doe #38097,” the calculus is simpler. They turned three twenties and change into a small fortune by doing literally nothing.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A fresh wave of long-dormant Bitcoin wallets reawakened between August 29 and September 4, transferring a combined 202.84 BTC, valued at approximately $15.73 million. Blockchain analytics firm Galaxy Research tracked the movements, noting that these wallets had been inactive for many years, with some coins not moved since as far back as 2011.
Ancient Wallets Move After Years of InactivityAmong the oldest wallets was a particularly notable wallet holding 146.06 BTC, equivalent to roughly $11.31 million. This stash had remained untouched since November 2013, achieving a remarkable gain of nearly 12,902% from an estimated acquisition price of $595 per bitcoin.
Another significant transaction involved a wallet containing 40 BTC, dormant since November 2011. The wallet’s value reached approximately $3.09 million, with the original investment believed to be around $120. The gain on this holding stood at an extraordinary 2,571,899% over nearly 15 years.
Two smaller wallets contributed to the total. One contained 10 BTC, not moved since June 2011 and now worth about $777,000. The oldest in this batch held 6.78 BTC, previously untouched since February 2011 and now valued at approximately $551,000. Wallets from the 2011 era in particular demonstrated stratospheric percentage gains from their modest initial investment.
Summer 2026 Sees Spike in Old Coin MovementsThe recent transactions are part of a broader pattern that has accelerated through the summer months. According to Galaxy Research, activity among Bitcoin addresses with ten years or more of dormancy has risen to levels rarely seen in 2026. In August, a previous series of transfers involved six ancient wallets moving a collective total of nearly $40 million within a 10-day period.
Most movements of dormant Bitcoin leave it unclear whether the original holders are selling, consolidating, or simply moving the funds for security reasons. This time, one transaction to Coinbase stands out as a likely attempt to liquidate some coins. Of the four wallets, the 6.78 BTC transfer was tagged with a Coinbase recipient, a signal that the funds were probably moved to the exchange for sale.
Mini dictionary: Galaxy Research is a digital asset and blockchain analytics provider operated by Galaxy, a global financial services firm focused on digital assets, which conducts research into cryptocurrency markets and on-chain activity.
Wallet Dormancy PeriodBTC MovedCurrent ValueOriginal Acquisition PriceApproximate Percentage GainSince Nov. 2013146.06 BTC$11.31 million~$59512,902%Since Nov. 201140 BTC$3.09 million~$32,571,899%Since June 201110 BTC$777,000n/a2,000%+Since Feb. 20116.78 BTC$551,000n/a500,000%+Lawsuit-Tied Wallets and Unclear MotivationsSeveral of the recently active wallets have been linked to the “Noah Doe” lawsuit in New York, which seeks to categorize thousands of dormant Bitcoin addresses as abandoned property. Galaxy Research noted that activity associated with these lawsuits has risen since proceedings were paused in June, with more wallets connected to the case awakening.
Despite the frequency of these movements, the reasons why so many long-term holders are transferring their coins now remain unexplained. Each transfer prompts renewed speculation about how much of Bitcoin’s supply could be reintroduced into the market as dormant wallets awaken after years of inactivity.
Several of the long-dormant wallets moved significant amounts for the first time in over a decade, recording staggering percentage gains and highlighting the ongoing trend of old coins re-entering circulation in 2026.
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.
Bitcoin has surged from $8 in September 2011 to approximately $79,500 today, representing an almost 10,000-fold increase. This growth amounts to a total gain of around 998,000% over the past 15 years, with an estimated annualized return close to 85%.
Bitcoin’s 2011 volatility and early challengesFifteen years ago, buying Bitcoin at $8 did not seem like an obvious entry point into a winning investment. The digital asset had already undergone its first dramatic rally and subsequent collapse by that stage.
In June 2011, Bitcoin’s price soared to roughly $31.91, giving the network a market value near $206 million. Shortly after, the cryptocurrency experienced one of its earliest and most significant crashes, causing its price to tumble sharply.
That same summer, Mt. Gox, then the largest Bitcoin exchange, suffered a major security breach. An attacker accessed an administrator account and caused trades to drop to a fraction of a cent, revealing key vulnerabilities in the young crypto market.
By early September 2011, Bitcoin was trading at $7.97, roughly 75% below its June high. For those entering at $8, the asset already carried the scars of a recent crash and uncertainty about its long-term viability.
Buying Bitcoin for $8 at that time meant acquiring an asset that had already experienced a violent drawdown and was facing a highly uncertain future, rather than a new technology riding the crest of an early wave.
Network evolution and supply changesIn 2011, the structure of Bitcoin’s supply issuance was markedly different from today. Miners earned 50 BTC per mined block, and the network had not yet undergone its first halving.
Bitcoin’s first halving took place in November 2012, reducing the block reward to 25 BTC. Halvings in 2016, 2020, and 2024 lowered block rewards sequentially to 12.5 BTC, 6.25 BTC, and now 3.125 BTC. New Bitcoin issued per block has dropped by 93.75% since the era when BTC traded at $8.
The asset’s price transformation coincided with reduced issuance, periodic market cycles, and the increased involvement of institutional entities.
Mini dictionary: Halving, a pre-programmed event in Bitcoin’s code that reduces block rewards by half roughly every four years, slowing the rate at which new coins enter circulation and impacting supply dynamics.
Shift to major investment productsBack in 2011, Bitcoin trading was concentrated on small, often lightly regulated exchanges, many of which lacked robust infrastructure and faced significant operational risks. The risks were illustrated by incidents such as the Mt. Gox hack and subsequent failures of multiple platforms.
Today, the market has dramatically shifted toward institutional adoption. US spot Bitcoin exchange-traded funds (ETFs) currently hold about $103.34 billion in assets—equivalent to just over 6% of Bitcoin’s market capitalization. BlackRock’s IBIT manages over half of this total. Since their introduction in 2024, these funds have attracted approximately $55.4 billion in net inflows.
Spot Bitcoin ETFs recently recorded a daily inflow of $731 million, marking the largest single-day inflow since January. This demand reflects a fundamental change in the investor base, as market participation has shifted from early exchange-driven trade to institutional channels.
Year/EventBTC PriceBlock RewardBTC ETFs AUMSeptember 2011$850 BTCNone2024$79,5003.125 BTC$103.34 billionThroughout its evolution, Bitcoin has endured market cycles, supply reductions, exchange failures, and regulatory changes. Despite recurring setbacks, the asset now sees large-scale investment by major Wall Street institutions, standing as one of the most visible digital assets globally.
The famous $8 Bitcoin was already seen as distressed, coming after its first severe crash, highlighting the unpredictable and turbulent path to its present status.
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.
Polygon CEO Marc Boiron says staff time off pains him. His post on X split the crypto industry within hours.
The Polygon Labs boss admitted he prefers speed over rest. Critics called that a fiat mindset, so Boiron answered with a lesson about Bitcoin culture.
Boiron wrote that he feels torn whenever staff step away from work. He genuinely wants people to relax with their families. However, he cannot stomach the thought of a rival moving faster.
I'm torn internally when people take time off. Is this normal?
On the one hand, I want people to relax, enjoy time with their families and take a break. I genuinely want it.
On the other hand, it pains me so much when I know we could move faster. I don't understand how you can…
— Marc | Polygon Labs (💜,⚔️, ※) (@0xMarcB) September 4, 2026 He wrote that time off “pains me so much” and conceded that he struggles to admit the preference. In the end, he prefers the pace over the pause.
The timing sharpened the reaction. Polygon Labs cut nearly 30% of its workforce in January. Then the company trimmed staff again in July while it pivoted toward stablecoin payments.
Both cuts followed a wider industry pivot toward revenue. Many readers therefore judged the post through that lens.
A Bitcoin supporter on X dismissed the stance as a fiat mindset. He also labeled Boiron a shitcoiner and told him to weigh what actually holds value.
Why He Answered With a Bitcoin LessonBoiron pushed back with a credential check. He said he worked as an investor, adviser and early lawyer for companies that Bitcoin maximalists admire. He also argued that he knows those founders better than his critics do.
“Before being a ‘shitcoiner’, I’ve been an investor, advisor and early lawyer for some of the most bitcoin maxi companies that bitcoiners love… They understand that bitcoin gets more valuable with time so getting more of it is actually more difficult with time,” Marc Boiron, CEO of Polygon Labs, on X
His argument rests on scarcity. Bitcoiners guard every coin, because each one gets harder to obtain over time. Therefore, he says, they maximize the hours they spend working on Bitcoin.
That reading of the culture remains contested. Maximalists split openly this year over Saylor’s first BTC sale, which exposed real disagreement on strategy.
Polygon Price Performance. Source: BeInCrypto MarketsPolygon itself has momentum to protect. POL, the native token of the network, trades near $0.095 and ranks 71st by market value. Its market cap sits just above $1 billion.
The token has added roughly 25% over the past month. However, the rally stalled after a peak near $0.125 in late August, and POL has drifted sideways since then.
Boiron shows no sign of softening either message. The harder question now sits inside Polygon Labs, not on X. Staff there decide whether the exchange reads as candor or as pressure.
American investors are rotating back into Bitcoin (CRYPTO: BTC) as US public debt surges and key artificial intelligence (AI) stocks like Nvidia (NASDAQ:NVDA) and Micron (NASDAQ:MU) waver. This rotation has fueled a sharp rise in ETF inflows and a comeback in Bitcoin’s price.
Bitcoin ETF Inflows are SoaringOne of the best measures to assess Bitcoin’s demand among investors is to look at the performance of ETFs. Data shows that inflows into these funds has continued soaring, with BlackRock’s IBIT being the top driver.
IBIT added over $117 million in inflows on Friday, bringing its total assets to over $62 billion. It is followed by Fidelity’s FBTC, which added $57 million in assets, and now has $14 billion in assets. In total, these funds have added $770 million in assets this month after adding $3.52 billion in August. They now hold $101 billion in assets under management.
The same growth is happening among Bitcoin treasury companies. Strategy (CRYPTO: MSTR) surprised investors by buying Bitcoin last week, bringing its total holdings to 845,050. Strive (NASDAQ:ASST), which is associated with Vivek Ramaswamy, has continued accumulating and now holds 23,156 coins.
Read Next
The ongoing Bitcoin demand has coincided with the rising jitters about the state of the American economy as the public debt surges. It crossed the $40 trillion mark recently, and this growth will continue amid a surge in deficits. As a result, bond yields have continued rising in the past few months.
Trending
At the same time, the top AI companies that attracted attention among traders have started to waver. For example, in South Korea, one of the most active crypto trading countries, Samsung Electronics and SK Hynix stocks have dropped into a bear market. The same is happening in the US, where companies like Micron and SanDisk have retreated.
Bitcoin Price Has Encouraging TechnicalsTechnicals suggest that BTC price may have a strong bullish breakout in the near term. The spread of the 50-day and 200-day Exponential Moving Averages (EMA) has narrowed, suggesting that a golden cross pattern is about to form.
Bitcoin has formed a bullish flag pattern, which is made up of a vertical line and a horizontal channel. It is now in the flag section. The coin also remains above the Supertrend indicator.
Therefore, the most likely scenario is where Bitcoin stages a strong comeback, potentially to $90,000 followed by $100,000.
After a lot of objection, criticism, and denial, Wall Street is moving onto crypto rails.
According to Bloomberg, crypto exchanges are expanding beyond cryptocurrencies into round-the-clock markets for stocks and commodities. The huge increase in “perpetual futures” trading linked to stocks and commodities further confirmed this sentiment.
How did one month change things for good? In August, these contracts generated $778 billion in Trading Volume across major crypto venues. They represented 23.48% of all Perpetual Futures activity, compared with only 0.5% in November 2025.
At the same time, their centralized-exchange volume reached $665.42 billion in August, up from only $11.58 billion in January.
Source: CoinBureau The main reason behind this surge is that crypto platforms are attracting traditional-asset trading because perpetual futures offer 24/7 access. This makes stocks, ETFs, and commodities easier to trade through crypto infrastructure.
For instance, though the SpaceX-linked SPCX contract is private, investors can speculate on its valuation without owning the actual stock—thanks to crypto perpetuals trading.
This was further validated by Binance accounting for about $433.4 billion of TradFi perpetual volume, with most of that coming from equity-linked contracts.
That said, the list also includes Bybit and Hyperliquid, as even these are becoming important venues for traditional-asset speculation.
What does this mean for the crypto market? In simple words, some individual stocks can experience larger price swings than Bitcoin [BTC], creating attractive opportunities for traders seeking volatility.
Through perpetual contracts on crypto platforms, traders can take leveraged long or short positions on assets such as Nvidia, Tesla, gold, or oil, often 24/7, even when traditional markets are closed.
All in all, if this trend continues, exchanges such as Binance, Bybit, and Hyperliquid could increasingly compete with traditional brokers and futures exchanges.
As expected, the crypto community applauded this milestone, as one of them noted,
Source: X The August flipover This comes at a time when the crypto market surged to new heights. However, at press time, the global cryptocurrency market cap was changing hands at $2.77 trillion, marking a 1.2% drop in the past 24 hours.
But with the ETF market seeing a huge influx in August 2026, the market appears to still be in a bullish run.
Source: SoSo Value As AMBCrypto reported, Bitcoin’s role as “digital gold” may be strengthening as its market behavior increasingly resembles gold rather than technology stocks.
Final Summary Stock-linked perpetual futures on centralized-exchange volume reached $665.42 billion in August. If the momentum sustains, Binance, Bybit, and Hyperliquid could compete with traditional brokers.
The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services.
Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country.
The offering runs through Standard Chartered DIFC, the bank’s arm in the Dubai International Financial Center (DIFC), which said it is the only global bank currently providing institutional digital asset spot trading in the region.
Built on the UK Launch The launch adds trade execution to a custody service the bank already runs in the UAE. The trades are deliverable, so clients take possession of the underlying Bitcoin and Ether at settlement, and they can settle through a custodian of their choice, including Standard Chartered’s own digital asset custody solution that went live in September 2024.
Trades run through the bank’s electronic channels and sit inside its existing platforms, letting clients access the two assets through the same FX interfaces they already use. Standard Chartered DIFC is regulated by the Dubai Financial Services Authority (DFSA).
“The UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,” said Rola Abu Manneh, Chief Executive Officer for the UAE, Middle East and Pakistan at Standard Chartered. She said pairing execution with custody, governance, and the bank’s global connectivity gives clients a more integrated way to participate in digital asset markets.
Standard Chartered first introduced institutional Bitcoin and Ether spot trading through its UK branch in July 2025, the first G-SIB to offer deliverable spot crypto trading to institutional clients.
“DIFC provides an established platform for international financial institutions to deploy global capabilities across markets,” said Christopher Parsons, Senior Executive Officer at Standard Chartered DIFC. He said the arrangement combines the bank’s global markets network with a regulated base for serving clients across the region.
You may also like: Bitcoin Holders Just Cashed Out 110,000 BTC in Profits: Is a Bigger Price Drop Coming? Ripple CTO Emeritus: BIP-110 Vote Loss Doesn’t Justify New Chain Bitcoin, Ethereum, Tron, and Cardano Tell Four Very Different Stories Through Active Addresses A Wider UAE Digital Asset Push The trading service sits inside a broader digital asset strategy that spans custody, trading and tokenization through Standard Chartered’s Corporate and Investment Bank, with its ventures ecosystem reaching into Zodia Markets and Libeara.
The bank already lets institutional clients mint and redeem USDC directly through its DIFC platform, a service it built with Circle. SC Ventures, its innovation arm, has backed a $100 million digital asset joint venture in the UAE with Japan’s SBI Holdings that targets market infrastructure, compliance tools, DeFi and tokenization.
US spot Bitcoin ETFs attracted $986.9 million in net inflows for the week ending September 5, capping off a three-week streak that has funneled $3.8 billion into these products. Early 2026 was rough for Bitcoin ETF flows, with year-to-date net figures still sitting at approximately negative $1 billion. Three consecutive weeks of heavy buying haven’t erased that deficit, but they’ve dramatically narrowed it.
Thursday was the main event Daily inflows during the week were anything but evenly distributed. Thursday alone accounted for roughly $731 million in net new capital, the largest single-day haul since January 14. Friday cooled off to $174.6 million. BlackRock’s iShares Bitcoin Trust (IBIT) was responsible for $117.4 million of that total, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) contributed $57.2 million.
Advertisement
Total assets under management across all US spot Bitcoin ETFs stood at $101.3 billion as of the latest data, after briefly touching $103.3 billion during the week. Since their collective launch in January 2024, these funds have accumulated $55.6 billion in cumulative net inflows.
Bitcoin holds steady while altcoin ETFs bleed Bitcoin’s price during the week hovered near $80K, dipping briefly below $79K before recovering to roughly $79,700. Spot Ether ETF inflows dropped 74% week-over-week, while XRP ETF products saw an 83% decline.
August 2026 delivered $3.5 billion in total Bitcoin ETF inflows, marking the strongest month since September 2025.
Digging out of a hole That the year-to-date figure still sits around negative $1 billion, even after $3.8 billion in three-week inflows, illustrates just how severe the earlier exodus was.
The $101.3 billion in combined AUM across all spot Bitcoin ETFs represents a significant chunk of Bitcoin’s total market capitalization. At current prices near $80K, Bitcoin’s fully diluted market cap sits in the neighborhood of $1.6 trillion, meaning these ETFs collectively hold somewhere around 6% of all Bitcoin that will ever exist.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin and other cryptocurrencies can experience price swings as large as 10% on a Sunday morning while US stocks, like Apple, remain unavailable on the Nasdaq at the same time. The difference stems not from technical limitations but from the infrastructure supporting each asset class, including brokers, market makers, clearinghouses, custodians, banks, and corporate-action processes.
SEC addresses push for around-the-clock stock tradingCryptocurrency networks were designed for continuous operation, enabling 24/7 trading across global exchanges. In contrast, US equities rely on traditional schedules with defined trading days. However, the gap between these systems is slowly closing as the US Securities and Exchange Commission holds a roundtable to discuss preparations for 24-hour stock trading. This initiative covers key challenges such as liquidity provision during overnight hours, settlement processes extending beyond traditional business days, and the official procedures for establishing closing prices.
While Bitcoin transactions do not depend on the New York business day, letting buyers and sellers transact at any time, stocks remain anchored to set trading hours. The main US stock session operates from 9:30 a.m. to 4 p.m. ET, with limited pre-market and after-hours sessions.
NYSE is taking steps toward continuous trading by planning an expanded model running about 23 hours per day, five days a week, though weekends still present significant hurdles as banks and settlement systems remain closed during that period.
Despite technical capabilities to match trades at any hour, the more challenging task is ensuring that the complex network of institutions behind the scenes operates with the same flexibility. Continuous synchronization among brokers, custodians, and clearinghouses becomes essential when markets rarely pause.
Challenges remain for continuous equities tradingOvernight trading environments in equity markets typically see fewer participants, which can result in wider spreads and more pronounced price moves, even on modest trades. Nasdaq has acknowledged that overnight sessions may face thinner liquidity and higher trading costs compared to regular hours.
Currently, US equities settle on a T+1 basis, where cash and shares officially change hands the following business day. Adopting continuous trading requires that settlement and related infrastructure remain operational for significantly longer windows without disruption.
Even with nearly constant trading, markets still depend on a standard reference price to determine fund values, calculate indexes, or settle derivatives. The 4 p.m. close retains importance for these functions, prompting the SEC to examine closing-price methodologies alongside extended hours initiatives.
Corporate actions, such as dividends, stock splits, and mergers, require precise record keeping and defined event dates, meaning nonstop market access does not eliminate the need for clear operational procedures.
Role of tokenization and evolving market toolsSome industry experts suggest tokenization could help integrate trading and settlement, potentially streamlining the underlying processes. Coinpaper’s overview of tokenized stocks highlights how blockchain-based solutions might blur the boundaries between trading and settlement timelines. At the same time, NYSE is exploring a platform for tokenized securities structured with near-continuous access.
Given the speed at which events can impact the crypto market—whether a Federal Reserve policy shift or an unexpected altcoin listing—market participants increasingly turn to single platforms that unify essential tools. In a financial environment where monitoring multiple apps for charts, news, or portfolio management can delay essential decisions, privacy-first platforms such as CryptoAppsy allow traders to access real-time data, receive intelligent price alerts, follow asset-specific news, and monitor macroeconomic developments from a single dashboard, all without needing to register an account.
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 Bitcoin mining facility in El Reno, Oklahoma, leaked roughly 3 to 3.8 million gallons of water into the ground while the surrounding region baked under a severe drought. The city has condemned the site and plans to send its operator, Athlon Blockchain Technology LLC, the bill.
The leak, which surfaced around August 28, caused water pressure to plummet across El Reno. Schools and public buildings temporarily shut down because taps ran dry.
How millions of gallons vanished unnoticed The culprit was a damaged private water line connected to an unauthorized fire hydrant that Athlon had installed on the property. Because the hydrant was unsanctioned, city crews had no reason to monitor it, and the leak went undetected until residents started noticing their faucets sputtering.
The facility itself houses containerized data centers used for Bitcoin mining and artificial intelligence storage.
City officials moved quickly once the source was identified. The site was condemned, and a 10-day removal notice was issued to the property owner. El Reno Mayor Steve Jensen confirmed that taxpayers would not be on the hook for the costs associated with the massive leak. The city plans to charge Athlon for every gallon, since the water was metered, along with the cost of response efforts.
An administrative hearing has been scheduled for September 14 to determine further action against the company.
A facility already operating on borrowed time The condemnation didn’t happen in a vacuum. City records show that El Reno officials issued a stop-work order against the Athlon facility back in June 2023. The site was operating without a certificate of occupancy, a basic regulatory requirement for any commercial building.
Despite that stop-work order, operations at the facility apparently continued. The fact that a Bitcoin mining site ran for years without proper permits, installed its own fire hydrant without authorization, and only drew enforcement action after causing a city-wide water crisis raises uncomfortable questions about how local governments oversee these operations.
The broader tension between mining and water The incident has already reignited local discussions about regulatory oversight. El Reno officials are reportedly considering enhanced monitoring systems to detect large-scale leaks more quickly and to keep closer tabs on industrial water consumers.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin traded near $79,700 on Binance, consolidating just below its major resistance zone between $82,000 and $82,800. The current daily price range has remained tight, with BTC briefly touching $79,774 before fluctuating around support levels.
BTC structure stays bullish as price approaches resistanceThe recent recovery from June–July’s lows near $58,000–$60,000 has set Bitcoin in a bullish trajectory. According to the daily chart on TradingView, BTC broke out from an extended accumulation phase around $62,000–$65,000, powering upwards toward the $80,000 mark. This move confirmed positive momentum in both the short and medium term.
Sellers stepped in as the price reached the $82,800 barrier, causing a retracement toward $80,000. This area continues to serve as a pivotal point for the next potential breakout. Traders closely watch for a daily close above $82,800, which could confirm a continued bullish run and open the door to even higher targets.
The Ichimoku Cloud indicator—a technical analysis tool tracking support, resistance, and momentum—remains bullish for now. BTC sits above the Tenkan-sen line at $79,282 and remains well above the daily cloud. The Kijun-sen line currently stands at $72,417.62, while the Ichimoku cloud spans from $72,287.50 to $75,849.81, marking robust medium-term support.
Mini dictionary: Ichimoku Cloud, or Ichimoku Kinko Hyo, is a comprehensive indicator that shows current momentum, direction, and possible support/resistance using multiple lines (including Tenkan-sen and Kijun-sen) and a “cloud” area representing equilibrium or trend shifts.
If BTC falls below the cloud, analysts suggest that it could signal a significant weakening of the current bullish setup. The $64,000–$65,000 region from earlier in the summer serves as a deeper support reference if a correction occurs.
Momentum indicators and trader outlookBitcoin’s 14-day Relative Strength Index (RSI) currently holds at 66.55, indicating ongoing bullish sentiment without entering overbought conditions. This reading has eased from its recent 70–75 range, while the RSI moving average stands at 73.20. A push above 70 would further confirm renewed bullish momentum, while a slide toward 50–55 could highlight a potential cooling in price action.
Analyst Daan Crypto notes that high-timeframe structural reversals for Bitcoin rarely occur in a straightforward manner. He expects choppy movement and significant liquidity activity near the current range, with traders frequently attempting to anticipate both upward and downward breaks, leading to sharp squeezes in either direction.
High timeframe market structure reversals for Bitcoin rarely unfold smoothly. Sideways trading is common, with local highs and lows often tested as the price slowly trends upward. Traders routinely try to anticipate breakouts and breakdowns in advance, creating brief surges and spikes in volatility.
Daan Crypto also emphasizes the possibility that, even if the broader trend turns bearish, Bitcoin could still push through the $83,000 level temporarily, sparking additional volatility before sellers regain control. He stated that his near-term invalidation level remains set at $74,000.
Binance open interest hits $10 billion, raises volatility risksCrypto market observer Darkfost reported that Binance’s Bitcoin open interest soared above $10 billion, reaching its highest point in six months. This increase coincided with Bitcoin’s retest of its May high near $82,000, with open interest jumping nearly 8% in the past 24 hours. Elevated open interest typically indicates both larger and new speculative positions entering the market.
Darkfost attributes the rise in open interest both to increasing Bitcoin prices and to new leverage-driven entries. Binance futures currently hold approximately 125,830 BTC in open positions, giving the exchange a market-leading 37% share of all BTC open interest. According to Darkfost, this heightened futures activity can escalate sharp price moves, though such surges frequently correct just as swiftly.
Binance has seen its open interest surge to a six-month high above $10 billion as speculation escalates, with a notable 8% rise in just 24 hours as Bitcoin approaches critical resistance.
Key technical support levels for Bitcoin now lie at $79,280, with stronger support at $75,850 and in the $72,290–$72,400 range. Sustained losses below $75,850 risk drawing price action down into the cloud support region. On the upside, a confirmed daily close above $82,800 would shift attention to the $90,000 region as the next target for bulls.
Market participants are closely watching for spot buyer activity to determine whether the $82,000–$83,000 resistance will spark another round of short liquidations and volatility.
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.
An analysis of Bitcoin’s historical performance from 2010 to 2026 shows that the vast majority of its annual gains are concentrated in a tiny number of trading days, leading multiple industry experts to argue that long-term holding may be more advantageous than frequent attempts at timing trades. Data indicates that in 11 of the past 18 years, removing the 10 best-performing trading days of the year would turn a profitable year into a losing one. For instance, Bitcoin rose 94% in 2019, but would have fallen 40% for the year if its 10 best trading days were excluded; as of 2026 so far, Bitcoin is down roughly 9%, a drop that would widen to around 36% if its 5 best days were removed. Andre Dragosch, Head of European Research at Bitwise, noted that Bitcoin spends most of its time in sideways consolidation, with its major gains typically concentrated in a small number of explosive trading days, making it extremely difficult to time these moments precisely. “Holding period matters more than timing,” he said. Adam Haeems, Head of Asset Management at Tesseract Group, pointed out that on Feb. 5, 2026, Bitcoin fell roughly 14% in a single day, only to rise around 12% the next day. This demonstrates that attempting to capture excess returns by avoiding dips may carry the risk of missing out on rapid rebounds. With growing allocations to Bitcoin via spot ETFs, institutional funds, and corporate balance sheets, the cryptocurrency’s daily volatility is declining overall, but its market returns still exhibit the trait of concentrated, periodic bursts of gains.
Relevant content
The Trump administration is exerting comprehensive pressure on [沃什], and the Federal Reserve’s independence is once again under test ahead of its September interest rate hike.
Ahead of the Federal Reserve’s September 15-16 policy meeting, the Trump administration is ramping up public pressure on the Fed to avoid raising interest rates and even push for further cuts. Trump, U.S. Vice President Vance, Treasury Secretary Bessent, and White House Senior Economic Advisor Navarro have all recently publicly called for keeping rates steady or lowering them. Markets currently assign a roughly 60% probability that the Fed will raise rates by 25 basis points in September, driven primarily by U.S. August nonfarm payrolls adding 162,000 jobs and the unemployment rate holding at 4.1%. Fed Chair Walsh has repeatedly emphasized inflation risks, noting earlier that 54% of components in the PCE price index rose more than 3% over the past 12 months, arguing the Fed should focus on curbing inflation. Trump’s latest remarks go further, suggesting that if the Fed does not cut rates, the U.S. could take measures such as halting trade with countries that run a trade surplus with the U.S. With the November midterm elections approaching, high prices and elevated interest rates are putting growing political pressure on the Trump administration. Markets will now closely watch U.S. CPI data to be released this week, which could be a key factor in the Fed’s decision to raise rates or hold them steady in September.
30 minutes ago
CZ: Kyrgyzstan has established a cryptocurrency regulatory framework, and the stablecoin KGST has started circulating.
Binance founder Changpeng Zhao (CZ) announced in a post that he attended the third official meeting of Kyrgyzstan’s National Crypto Commission today, chaired by Kyrgyz President Sadyr Japarov. The meeting discussed topics including crypto regulatory frameworks, compliance, anti-money laundering (AML), anti-fraud, stablecoins, and asset tokenization—with a specific pilot project also covered in the tokenization sector. CZ noted that Kyrgyzstan’s crypto industry has made "real progress". Just about a year ago, a crypto regulatory framework was still just a concept in the country; now, Kyrgyzstan has established such a framework, opened local banking channels to serve crypto trading platforms, and its stablecoin KGST is already in market circulation.
30 minutes ago
Muse Spark 1.3 Max is officially launched: The most powerful reasoning tier is finally available.
Beating AI News Flash: Meta has officially launched Muse Spark 1.3 Max, the highest inference intensity variant of Muse Spark 1.3. When Muse Spark 1.3 was first released, the Max version was still undergoing additional security testing and only available as a preview to a small number of partners. Now that security testing is complete, it can be directly used in Muse Code and Meta Model API. Meta’s Chief AI Officer Alexandr Wang stated that Max is significantly more capable than the High and XHigh variants in programming and agent tasks. In Artificial Analysis’ Coding Agent Index, Muse Code paired with Muse Spark 1.3 Max scored 68 points, placing it in the first tier.
30 minutes ago
XDOF, which made its debut only three months ago, is now racing to secure Series B funding at a valuation of $1.2 billion.
According to multiple people familiar with the matter, XDOF, a startup focused on collecting real-world remote operation data to train general-purpose robots, is in late-stage negotiations for a Series B round less than three months after emerging from stealth mode. The company is valued at approximately $1.2 billion, with 8VC leading the financing round. XDOF was co-founded in 2024 by University of California, Berkeley researchers Philipp Wu (CEO) and Fred Shentu (CTO). The startup previously closed a $70 million Series A round, with investors including Thrive Capital, Andreessen Horowitz, Lux, and Spark Capital. XDOF had not planned to raise additional capital so quickly after its Series A, but sources said the company’s rapid business growth—with annualized revenue approaching $50 million—attracted multiple venture capital firms to proactively reach out and push for a new funding round. TechCrunch has not obtained the specific amount of funding in this round, nor can it confirm whether the aforementioned $1.2 billion valuation includes new financing. Sources noted that the deal terms have not been finalized and could still change.
30 minutes ago
BNB’s sharp rally drove a broad surge in its ecosystem meme coins, with Binance Life jumping more than 17% in the past 24 hours.
According to HTX market data, BNB has surged sharply today, breaking through the $770 mark with a 24-hour increase of over 8%, driving a broad rally in its ecosystem meme coins. Among them: MARSCOIN is trading at $0.24, up 40.7% in 24 hours; 1000CAT is at $0.00264, up 36.36% in 24 hours; TUT is at $0.002843, up 24.67% in 24 hours; Binance Life is at $0.5653, up 17.48% in 24 hours; BROCCOLI714 is at $0.021, up 16.45% in 24 hours.
30 minutes ago
BNB rises to $770, surging over 8% in 24 hours.
According to HTX market data, BNB has risen to touch $770, currently trading at $769.91, with a 24-hour increase of 8.2%.
Crypto analyst Steph Is Crypto highlighted a notable trend in XRP trading activity on September 4, sharing a whale order chart that suggests major Coinbase participants continue to target a $33 price for XRP before the end of the year.
Large whale orders and price levelsAccording to the data presented by Steph Is Crypto, the order book chart displays a high volume of large sell orders for XRP extending from $5 up to $35. The strongest concentration appears between $10 and $30, marked by horizontal red lines on the chart. At the current market price of $1.4655, clusters of large buy orders, depicted as green circles, are also evident.
This alignment indicates that while there is considerable buying demand at the current level, whales have positioned themselves for significant sell-side activity far above the prevailing price. Steph Is Crypto interprets this as an active stance from Coinbase-based whales, reflecting an expectation of further price appreciation.
Coinbase whales are still targeting $33 for XRP this year, as heavy sell orders cluster along that price range.
Technical analysis behind the $33 targetThe $33 figure has been cited by a range of market analysts using different analytical frameworks. EGRAG CRYPTO, for example, calculated the target by analyzing XRP’s historical price cycles, noting gains of 1,250% in 2017 and 560% in 2021. According to this approach, the average cycle projection supports a 905% increase from the current market structure, suggesting a potential move to $33.
Another market watcher, Cryptobilbuwoo0, applied a fractal-based model, referencing XRP’s peak near $3.30 in 2018 and projecting a tenfold rally to reach approximately $33. EGRAG CRYPTO’s additional analysis points to a symmetrical triangle breakout on XRP’s long-term chart, with Fibonacci extension targets that converge in the $30 to $33 range.
The convergence of these various analytical methods suggests a technical consensus forming around the $33 benchmark, lending additional weight to the expectations reflected in whale positioning.
Mini dictionary: Fibonacci extension – A technical analysis tool that projects potential future price levels by applying ratios derived from the Fibonacci sequence to prior price movements, commonly used to identify likely support or resistance levels in financial markets.
Market impact of whale activityLarge participants, often referred to as whales, play a central role in dictating liquidity and directional momentum on major exchanges like Coinbase. Their order placement at certain levels not only indicates expectations but also reveals intended points of profit-taking or exit.
With XRP trading at $1.4655, any movement to $33 would represent an approximate increase of 2,150% from present levels. Sistine Research recently stated that XRP could reach between $33 and $50 by 2027, further echoing sentiments seen among institutional-scale traders.
Several different analytical models now align on the $33 technical target, reinforcing the view that major holders are preparing for this possibility.
AnalystMethodologyTarget ($)EGRAG CRYPTOHistorical cycle average & Fibonacci30–33Cryptobilbuwoo0Fractal analysis33Sistine ResearchPrice target timeline33–50Coinbase, headquartered in San Francisco, is one of the world’s largest and most liquid digital asset trading platforms, known for its extensive coverage of major cryptocurrencies including XRP. Whale activity on Coinbase often provides insight into broader market sentiment due to the platform’s significant trading volume.
The appearance of substantial whale sell walls near $33 and heavy buy orders closer to the current price indicates that large investors are positioning for considerable volatility in the coming months.
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 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.
XRP and RLUSD AI agent transactions continue to climb through the x402 XRP Ledger Facilitator, approaching 4 million. Over 3.992 million agentic transactions have already settled on the XRPL, with AI agents using XRP and RLUSD to pay for services directly onchain.
In a new milestone, the total number of agentic transactions on the XRP Ledger has hit 3,992,146, a new ATH (All-Time High).
On September 1 2026, t54 reported in an X post that agentic transactions had surpassed 3 million, reaching 3.1 million. The increase to 3.992 million transactions suggests an addition of 0.89 million in four days.
HOT Stories
This growth follows as AI agents continue to transact, pay for services, and settle value autonomously, creating demand for financial infrastructure built for machine-to-machine commerce.
You Might Also Like
In particular, AI agents pay for various services on the XRP Ledger, including token analysis, crypto intelligence, market research, and prediction-market forecasts, paid for in XRP or RLUSD.
In June 2026, Ripple launched the XRPL AI Starter Kit, which included a set of tools and integrations designed to help developers build agentic payment applications on the XRP Ledger (XRPL). The launch included support for X402-powered payments using XRP and Ripple USD (RLUSD), enabling AI agents to transact for APIs, compute, and other digital services.
XRP Ledger agentic payments gain Mastercard supportt54's x402 facilitator and trust layer enable agent payments in XRP and RLUSD, as well as payment verification and pre-settlement risk checks.
You Might Also Like
This is further supported by the fact that agent payments on the XRP Ledger support Mastercard's Verifiable Intent standard. Through the x402 Facilitator, developers can prove who authorized a payment, under what limits, and for which purchase, while Trustline screens it before settlement.
At the start of September 2026, Ripple partner t54, which provides the x402 facilitator for agentic payments on the XRP Ledger, announced its selection for Mastercard Start Path's Agentic Commerce & Services.
This move allows merchants and payment networks using the t54 infrastructure to safely transact with agents via real-time identity verification, risk assessment, and dispute resolution.
Ripple‘s XRP, the digital token central to the Ripple network, last traded above $2 in January 2026 after enjoying a bullish year that pushed it to a record high—the first such surge in over seven years. However, the momentum has reversed in recent months, with XRP’s price even dipping below the $1 threshold last month.
Market rebounds lose steamLate last month, the broader cryptocurrency market showed signs of recovery as Bitcoin (BTC) briefly climbed back above $80,000. This temporary rally also supported XRP, which registered modest gains. Yet, as Bitcoin slipped to the $77,000 level, XRP mirrored the decline, underscoring its correlation with the wider crypto market.
The upswing was driven by two primary catalysts. President Donald Trump hosted a cryptocurrency event at the White House that notably boosted investor sentiment toward digital assets. In parallel, the US Treasury announced an expansion of its bond buyback program, increasing market liquidity and supporting riskier assets like cryptocurrencies.
XRP’s recent rebound appeared short-lived as changing economic signals and uncertainties over US monetary policy weighed on the asset’s price.
Despite these supportive factors, the momentum has begun to wane. Analysts point to a likely decline in prices in the near future, with strong support for XRP hovering just above the $1 mark.
Monetary policy, inflation, and risk of correctionOne of the main risks for cryptocurrencies currently is rising inflation. During the annual Jackson Hole meeting, Federal Reserve Chair Kevin Warsh delivered a hawkish address, emphasizing the ongoing inflationary pressures in the economy.
He signaled a strong possibility of further interest rate increases, which could trigger outflows from XRP and other digital assets as investors seek safer returns amid higher rates.
The US Treasury, having recently injected liquidity into the market through expanded bond buybacks, is expected to draw funds back as it replenishes its cash reserves. Such a reversal, analysts warn, could drain liquidity from financial markets and weigh heavily on cryptocurrencies, including XRP.
Without significant positive catalysts on the horizon, market observers cite limited bullish developments that could propel XRP toward the $2 mark by the end of 2026.
Given current macroeconomic headwinds and a likely tightening of US monetary policy, the probability of XRP reaching $2 in the short term appears low unless major new drivers emerge.
Ripple, the company behind XRP, facilitates cross-border payments and settlements using blockchain technology. XRP is designed to offer faster and cheaper international transactions compared to traditional payment rails.
However, in the absence of impactful market developments, XRP remains vulnerable to broader economic forces shaping risk asset performance. For investors, the path back to $2 by 2026 seems increasingly uncertain.
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.
Ripple CEO Brad Garlinghouse has drawn attention to the $11 billion relocation of gold reserves by De Nederlandsche Bank (DNB) as an example of inefficiencies in traditional finance’s infrastructure for value transfer.
DNB’s gold relocation strategyDNB, the central bank of the Netherlands, recently shifted roughly 86 tonnes of gold reserves from North America to London. However, instead of physically moving the majority of the gold across the Atlantic, the central bank opted for a more practical financial maneuver: about 59 tonnes were sold in New York and equivalent quantities were repurchased in London.
DNB stated that maintaining gold holdings in London, one of the world’s largest physical gold markets, would provide greater liquidity and enhance the ability to trade reserves rapidly during times of crisis. The bank emphasized that this approach offered logistical efficiency compared to transporting the physical gold bars.
“If institutions can shift ownership without moving the underlying asset, blockchain could make these transfers much faster and more efficient,” Garlinghouse has argued while drawing parallels with digital asset settlement.
This method mirrors a previous large-scale gold repatriation conducted by the Bundesbank, Germany’s central bank, which spent several years moving a reported 674 tonnes of gold from Paris and New York to Frankfurt, a process completed in 2017 following rigorous transport and verification procedures.
Blockchain and tokenization in financial settlementsGarlinghouse has clarified that the discussion is not about eliminating the need for vaults or the responsible custody of physical gold. He instead focuses on the opportunity for blockchain technology to streamline the settlement layer while retaining all required legal and custodial protections for the asset itself.
Tokenization enables asset ownership transfers to occur digitally, regardless of whether the underlying commodity moves. This can dramatically reduce settlement times and increase transparency within financial systems.
The XRP Ledger (XRPL), Ripple’s decentralized blockchain, currently supports tokenized real-world assets, including tokens backed by physical gold. This infrastructure allows such assets to be issued, transferred, and settled onchain within seconds, compared to the longer timeframes associated with traditional systems.
Mini dictionary: XRP Ledger (XRPL), an open-source blockchain developed by Ripple, is designed to facilitate fast and efficient payment and asset transfers, including support for tokenized real-world assets.
According to available data, tokenized gold traded on XRPL has surpassed $1 million in cumulative volume. In this arrangement, the physical bullion remains secured with a trusted custodian, while its digital representation can change ownership in seconds without requiring the actual movement of gold bars.
SystemSettlement SpeedPhysical Transfer Needed?TransparencyTraditional (Central Bank Gold)Days to yearsOften or requires sale/rebuyLimitedXRPL Tokenized GoldSecondsNoOnchain/HighImplications and future outlookGarlinghouse has not proposed replacing central banks’ physical gold holdings with XRP or any digital asset. Instead, he contends that ownership transfers of valuable assets should not be constrained by the physical logistics of moving them.
He points to the Dutch central bank’s $11 billion gold relocation as an illustration that traditional finance already employs mechanisms where economic ownership is separated from physical transfer. Blockchain technology, according to Garlinghouse, can enhance this model by boosting speed, transparency, and programmability.
The XRPL tokenization model showcases how large-scale financial operations, like central bank gold reallocations, could potentially be executed more efficiently in the future without requiring the physical movement of underlying assets.
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.
Agent-driven transactions on the XRP Ledger (XRPL) have reached a new record, with over 3,992,146 transactions now processed through the x402 facilitator. This marks a significant milestone as AI-powered agents continue to use the ledger to pay for services directly onchain using XRP and RLUSD.
Rapid growth in agentic transaction volumeData shows that the number of agentic transactions has surged rapidly since the beginning of September 2026. According to t54, a provider of trust and facilitation tools on the XRPL, transaction volume climbed from 3.1 million to nearly 4 million in just four days—an increase of approximately 890,000.
AI agents rely on the XRP Ledger to conduct payments for various digital services, including token analytics, market intelligence, and research. Transactions are settled autonomously in either XRP or RLUSD, Ripple‘s onchain US dollar-backed asset.
More than 3.99 million agentic transactions have settled on the XRPL to date, highlighting accelerating demand for onchain machine-to-machine commerce and infrastructure.
DateAgentic Transactions (Cumulative)September 1, 20263.1 millionSeptember 5, 20263.99 millionRipple has actively supported this trend with the launch of the XRPL AI Starter Kit in June 2026. This collection of developer tools introduced new ways for AI agents to make payments using the x402 protocol, allowing seamless, trust-minimized transfers in XRP and RLUSD for APIs and digital services.
XRP Ledger agentic payments gain Mastercard supportThe x402 facilitator, provided by Ripple partner t54, acts as a trust layer and mediator, enabling verification of agent payments and risk checks before settlement. Through this setup, agent payments on the XRP Ledger now support Mastercard’s Verifiable Intent standard, which provides proof of payment authorization, amount limits, and purchase details, with automated screening prior to finalization.
Mastercard, a global payments technology company, has included the t54 x402 facilitator in its Start Path program for Agentic Commerce & Services. This initiative connects fintech innovators with large-scale payment networks to foster secure, transparent agent-driven transactions.
Using t54’s platform, merchants and payment providers can transact with AI agents in real time, benefiting from identity verification, automated risk assessment, and built-in dispute resolution. The integration supports a growing trend of machine-to-machine financial activity on blockchain networks.
Mini dictionary: x402 Facilitator – A protocol and infrastructure provider on the XRP Ledger that enables AI agents to authorize, execute, and confirm payments for services using onchain digital assets like XRP and RLUSD, with integrated trust, payment verification, and risk management tools.
The integration of Mastercard’s Verifiable Intent standard with the x402 facilitator is expected to improve trust and transparency in machine-agent transactions by providing clear records of payment authorization and automated risk checks.
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 National Sheriffs’ Association (NSA), a leading law enforcement body representing thousands of US sheriffs, has altered its stance on the high-profile CLARITY Act, moving from opposition to a neutral position. This unexpected shift was confirmed in a letter dated September 3 sent to Senate Majority Leader John Thune and Minority Leader Chuck Schumer.
NSA changes position on crypto regulationThe letter, signed by Sheriff Troy Wellman of Moody County, South Dakota and NSA Executive Director Justin Smith, signals a withdrawal from the NSA’s previous position against the bill. The NSA framed this move as a response to the bill’s complexity and the many details still being debated in Congress.
“We are changing our position on the CLARITY Act to neutral,” the authors wrote, emphasizing the desire to step back and allow lawmakers to negotiate the specifics. The NSA had been one of the most prominent law enforcement groups actively opposing the legislation, which aims to clarify the regulatory status of digital assets such as XRP.
With the NSA’s shift to neutral, a significant obstacle for the CLARITY Act in Congress is now gone, and the path forward is less encumbered by law enforcement resistance.
Crypto commentator Ash Crypto called attention to the development, highlighting the powerful impact of this policy change for crypto regulation prospects.
Mini dictionary: National Sheriffs’ Association (NSA) — An organization representing the interests of elected sheriffs and law enforcement professionals across the United States. The NSA plays a significant advocacy role in policy discussions impacting public safety and law enforcement operations.
Calendar constraints threaten progressDespite the NSA’s change of heart, the CLARITY Act still faces significant timing challenges. The first procedural vote in the Senate is scheduled for September 15. Meanwhile, the House’s Republican leadership canceled the final two September sessions, and members will leave Washington by September 17, with no return planned until mid-November.
This narrow two-day window between the Senate vote and the House’s departure could stall the bill’s progress if any Senate amendments require House approval. If consideration is delayed until after the elections, the legislation could enter a period of even greater political uncertainty.
EventDateChamberSenate procedural voteSeptember 15SenateHouse departureSeptember 17House of RepresentativesReturn from recessMid-NovemberHouse of RepresentativesSenator Cynthia Lummis has warned that failure to complete the process now could delay meaningful crypto regulation until 2030. The compressed legislative timetable makes procedural hurdles acute for backers of the CLARITY Act.
Institutional support and political momentumWith the NSA stepping back, the bill’s supporters continue to point to strong institutional backing from prominent financial firms including BlackRock, Goldman Sachs, and Fidelity. President Donald Trump has also recently urged movement on the bill, boosting its momentum.
While the NSA’s new position does not guarantee passage, it gives supporters a fresh argument for undecided lawmakers. With one vocal opponent now neutral, advocates hope to persuade remaining holdouts, especially among Democrats, to act before the deadline.
Even as the House’s absence clouds the bill’s future, the diminished opposition from law enforcement could increase the urgency for action before September 17.
If Congress does not finalize the process within the existing window, any further delays into the post-election period are expected to complicate the situation and add additional uncertainty for crypto market participants.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP price is trying to recover, but the order-flow data still has a few problems. Spot trading volume reached its highest level since February in August, while the 30-day price-to-CVD correlation improved to approximately 0.43. Yet CVD remains negative near -8 million. More activity is returning, but buyers haven’t fully taken control.
XRP Trading Volume Returns With A CatchXRP spot trading volume climbed sharply across major exchanges in August. Binance recorded approximately $7.28 billion, followed by Upbit at $4.68 billion and Bithumb Korea at $2.59 billion.
Bybit posted around $1.40 billion, Gate.io reached $1.33 billion, and KuCoin recorded approximately $1.23 billion. Bitget and Coinbase followed with roughly $918.5 million and $915.4 million, respectively.
That’s a meaningful improvement in liquidity and market participation. It isn’t automatically bullish, though. Higher volume includes both buyers and sellers. The real question is whether demand can keep absorbing the supply.
XRP Price Needs Stronger CVD ConfirmationThe latest Binance data shows a moderate relationship between XRP price movement and CVD changes, with the correlation coefficient near 0.43. XRP price has stabilized around $1.30 after rallying from roughly $1.00 to above $1.50 during the second half of August.
The problem is that CVD remains negative near -8 million. So, while price has improved, aggressive selling pressure hasn’t disappeared.
If CVD moves into positive territory while the correlation strengthens, the rally would have better confirmation from spot order flows. If CVD stays negative and the correlation weakens, corrective pressure could return.
Analysts See A Wider XRP Price RoadmapOne market view claims XRP has repeated a pattern seen before its reported 650% surge in 2024. The analysts proposed roadmap runs from $1.10 to $1.00, then $1.30, $1.90, $2.80, and $3.40.
Another bullish analysis points to the Fibonacci 0.5 retracement as the level where the latest correction ended. XRP has since moved above the 0.618 line, with the Fibonacci 1.618 level near $2.135 presented as the next potential target.
Those projections remain conditional. The market still needs sustained demand, not just a familiar-looking chart.
For now, XRP price has improving liquidity and a moderate CVD correlation, but negative order flows remain the main obstacle. If spot buying finally turns positive, XRP price could gain stronger momentum toward $2.135. Until then, the rally remains a work in progress.
Loading article prices
What is the current XRP price?
XRP price has stabilized around $1.30 after rising above $1.50 in the second half of August.
Why is XRP spot volume important?
XRP spot volume reached a six-month high in August, indicating stronger market activity and liquidity.
What is XRP CVD?
CVD tracks the balance between aggressive buying and selling orders. The current reading remains negative near -8 million.
What does the XRP price-to-CVD correlation show?
The 30-day correlation is approximately 0.43, indicating a moderate relationship between price movement and CVD changes.
What is the potential XRP price target?
The provided Fibonacci analysis identifies approximately $2.135 as a potential target. Also, XRP could extend to $3.40, if past pattern repeats.
Could XRP price face another correction?
Per an onchain analyst, If CVD remains negative and the correlation weakens, corrective pressure could increase.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Digital Asset Investor, a well-known cryptocurrency commentator active since 2013, has outlined what he describes as 101 key reasons for holding a long-term position in $XRP. He referenced recent initiatives by the Bank for International Settlements (BIS), advances with the XRP Ledger, institutional interest, and the upcoming Senate vote on the Digital Asset Market Structure Clarity Act as core elements shaping his perspective.
BIS highlights XRP Ledger use caseA central theme in Digital Asset Investor’s analysis is BIS Working Paper No. 1374. The BIS, often referred to as the “bank for central banks,” produces research and develops standards that influence global financial operations. The paper explores how blockchain technology, specifically the XRP Ledger DevNet, can enhance the verification process for published economic statistics.
According to the BIS document, a cryptographic fingerprint is calculated for each dataset and recorded on the XRP Ledger, allowing for timestamping and verifiable records. Digital Asset Investor noted that XRP is mentioned 101 times in the paper—a symbolic link to his “101 reasons” campaign for the digital asset.
He also drew attention to comments from XRPL validator Vet, who underlined the choice of the XRP Ledger DevNet because of its transparency and immutability. Vet noted that a non-fungible token (NFT) solution could eventually replace the prototype’s memo-field method for data verification.
Mini dictionary: Bank for International Settlements (BIS), an international organization that fosters monetary and financial cooperation and serves as a bank for central banks globally.
Digital Asset Investor emphasized the growing significance of the BIS’s research and partnerships, stating that these developments reflect XRP’s rising relevance for public sector financial infrastructure.
Regulatory momentum and the Clarity ActDigital Asset Investor also pointed to regulatory changes as a catalyst for XRP’s future. The anticipated Senate vote on the Digital Asset Market Structure Clarity Act is seen as a pivotal moment. Lawmakers are expected to proceed with cloture, advancing the bill toward a vote scheduled for September 15.
Negotiations on the Clarity Act continue, with ongoing discussions covering banks, stablecoins, and agricultural elements of the legislation. Industry representatives have indicated that substantive progress was achieved in August and anticipate further talks when Congress reconvenes.
He argued that greater regulatory clarity is essential for broader institutional involvement in digital assets and maintains that clear rules could benefit XRP’s growth prospects.
Institutional adoption and market trendsThe commentary highlighted heightened demand from institutional investors. Digital Asset Investor referenced recent feedback from Grayscale, a prominent digital asset management firm, suggesting clients are increasingly considering new allocations or expanding existing positions in cryptocurrencies like XRP.
Additional data underscores a surge in order-book trading and a larger share of on-chain transactions for XRP. Digital Asset Investor contends that current price levels do not fully reflect ongoing advancements in the XRP ecosystem, pointing to a widening gap between market value and fundamental developments.
He reiterated his continued support for XRP, indicating that significant changes in regulation, institutional engagement, and technical progress with the XRP Ledger are key factors in his long-term outlook.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
XRP continues to attract attention from traders and analysts, as a prominent long-term technical setup points to the potential for significant price appreciation. The asset is currently trading near $1.40 after a 3.05% decline over the past 24 hours, with daily trading volumes around $3.47 billion and a market capitalization close to $88.11 billion.
Technical formation suggests bullish potentialDespite a short-term dip, analysts remain focused on XRP’s broader technical outlook. Crypto analyst Ali Martinez highlighted that XRP has been forming a substantial ascending triangle on its monthly chart for almost a decade. In technical analysis, an ascending triangle is generally seen as a bullish continuation pattern, especially when developing over such a long period.
Martinez identified that a sustained breakout above $3.66 on the monthly chart would mark a significant development for XRP, potentially confirming the completion of this pattern. If such a scenario unfolds decisively, he believes this could open the path toward a long-term technical target near $60—several thousand percent above current levels.
XRP has been forming an ascending triangle for nearly ten years. If the monthly close clears $3.66, the chart pattern could target $60 in the long run.
While the $60 projection is notable, industry observers caution that reaching it would require XRP to overcome multiple resistance levels. The initial and most crucial step is a clear monthly breakout above $3.66, which is well above the current price and therefore a significant milestone. Until that level is breached, the price may remain within its existing range.
Mini dictionary: Ascending triangle — A technical chart pattern featuring a horizontal resistance line and a rising support trendline, often interpreted as a sign of potential bullish continuation if the resistance is broken decisively.
MetricCurrent ValueKey LevelLong-Term TargetPrice$1.40$3.66 (Resistance)$60Trading Volume (24h)$3.47 billion––Market Cap$88.11 billion––Momentum indicators and near-term outlookCurrent technical indicators provide a mixed picture. The Relative Strength Index (RSI) stands at 60.53, which reflects modest bullish momentum since it is above the neutral 50 mark, but momentum has waned compared to the recent average RSI of 67.58. This suggests that while bulls retain a slight advantage, their control is not dominant.
The Moving Average Convergence Divergence (MACD) reads 0.07139, below the signal line at 0.07884, with a histogram value of -0.00745. This setup points to weakening bullish momentum in the short term. A reversal above the signal line would be required for the next phase of upward movement to begin in the near term.
XRP’s daily indicators suggest a reduction in bullish momentum, with MACD and RSI showing mixed signals after a recent upswing.
Investors may closely watch price behavior around the $3.66 resistance. Rising volume and improvement in key oscillators could boost the short-term technical outlook. However, until a sustained close above this level materializes, price action remains range-bound.
Path ahead for XRPA confirmed monthly close above $3.66 would be a critical technical event for XRP, bringing Martinez’s long-term target of $60 into sharper focus. Until that breakout occurs, however, XRP’s direction will depend on market sentiment, trading volume, and whether buyers regain momentum after the latest pullback.
XRP is a digital asset and payments network developed by Ripple Labs, aimed at enabling fast and cost-effective cross-border payments for financial institutions.
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: The XRP price prediction places $3.66 as the decisive monthly resistance that buyers must break before the projected path toward $60 becomes active. XRP dropped to $1.41 after strong employment data and long liquidations, although elevated spot volume suggests traders remain active. United States spot XRP ETFs attracted $110.49 million during the week ending August 28, lifting cumulative inflows beyond $1.66 billion. RLUSD growth and planned XRPL lending features could expand network activity while XRP tests support near $1.30 and resistance around $1.70. XRP trades near $1.41 after losing 2.83% over 24 hours, following stronger United States employment data and heavy long liquidations. The latest XRP price prediction centers on $3.66, a resistance level that has capped the token for years. Analyst Ali Martinez says a monthly close above that barrier would confirm an ascending triangle breakout.
His chart places the long-term technical target near $60. The projection is conditional, while nearer levels still determine whether buyers can regain control. Rising spot activity, exchange outflows, ETF demand, and growth across Ripple’s ecosystem provide a backdrop for the contested technical setup.
XRP Price Prediction Depends on a Close Above $3.66 The latest decline followed a United States jobs report showing 162,000 new positions. That figure exceeded market expectations, while unemployment held at 4.1%. The release pressured risk assets by strengthening expectations for tighter monetary policy.
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
XRP briefly fell toward $1.33 during the sell-off. Liquidations reached about $14.82 million, with long positions representing 95.8% of the total. Forced closures added selling pressure before the token recovered toward $1.41.
Trading activity nevertheless stayed elevated during August. Binance processed about $7.28 billion in XRP spot volume, while Upbit recorded roughly $4.68 billion. Around 500 million tokens also left Binance during the month. Lower exchange balances can reflect transfers into self-custody, although they do not guarantee immediate price gains.
Martinez’s XRP price prediction draws on an ascending triangle visible on the monthly chart. XRP has produced higher lows while repeatedly meeting resistance near its previous record zone. A monthly close above $3.66 would provide stronger confirmation than a brief intraday move.
The projected path does not send XRP directly to $60. Martinez’s chart identifies possible stages near $9.49 and $15.60, followed by a potential pullback. Higher extensions appear around $31.87 and $60 if the long-term structure continues.
Nearer resistance remains more relevant for current traders. XRP must first reclaim $1.70, then clear potential targets around $1.90, $2.13, $2.80, and $3.40. Failure to hold the $1.30 area could expose the broader $1.10 to $1.38 support zone.
XRP Price Prediction Gains Support From ETF Demand XRP Price Fundamental developments provide a second part of the XRP price prediction. United States spot XRP ETFs attracted $110.49 million during the week ending August 28. Total net inflows surpassed $1.66 billion, showing continued institutional demand despite short-term price weakness.
Ripple USD has also expanded across the ecosystem. RLUSD supply rose 51% during the past 30 days to a record $2.4 billion. About $1.1 billion of those assets now sit on the XRP Ledger, alongside growth in holders and transaction volume.
Meanwhile, XRPL developers are testing a Lending Protocol and Single Asset Vaults. The upgrades could bring more lending, yield products, and institutional activity onto the network. Greater usage may support demand, but adoption will depend on liquidity, security, and participation.
Regulation provides another potential catalyst. A United States Senate cloture vote on the CLARITY Act is scheduled for September 15, 2026. The procedural vote requires 60 votes and would determine whether the bill advances.
Short-term chart readings remain divided. One bearish view treats the latest rebound as a three-wave corrective move rather than a confirmed trend reversal. Under that interpretation, XRP has not established a durable bottom within the $1.10 to $1.38 region.
The daily chart offers a firmer bullish signal. XRP trades above its 200-day exponential moving average and has held support near $1.3093. A bullish flag also points to $1.6975, the August high, as the first major test. Only sustained closes above nearby resistance would strengthen the larger breakout case and bring Martinez’s $3.66 trigger into focus.
Ripple CEO, Brad Garlinghouse, Calls CLARITY Act Within Reach as XRP Runs presales XRP
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Ahmed Barakat
Author
Ahmed Barakat
Part of the Team Since
Mar 2024
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Fact Checked by
CryptoNews Editorial Team
Author
CryptoNews Editorial Team
Part of the Team Since
Sep 2018
About Author
The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
Has Also Written
Ad Disclosure
Ad Disclosure
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ripple is trading around $1.44, following a volatile week that saw the token rebound sharply from the $1.31 area and briefly approach $1.48. XRP has gained roughly 6% to 7% over the past week, although profit-taking has kept the token below its recent highs. With the market heading into the weekend, traders are increasingly focused on a potential regulatory catalyst later this month.
Ripple CEO Brad Garlinghouse has given traders another reason to keep the CLARITY Act on their radar. Responding to CFTC Chairman Michael Selig’s comments about the administration’s crypto push, Garlinghouse said that “making America the crypto capital of the world is within reach, let’s finish the job.”
🚨 NEW :
Ripple CEO Brad Garlinghouse says "making America the crypto capital of the world is within reach — let's finish the job"
Comes less than two weeks before the Senate's September 15 cloture vote on the Clarity Act
Response to CFTC Chair Michael Selig thanking Trump for… pic.twitter.com/tqGncD2U1h
— AltcoinPro (@AltcoinPro_) September 4, 2026 The Senate is scheduled to hold a cloture vote on the motion to proceed to the CLARITY Act on September 15 at 2:15 PM ET. This is not a final passage vote. Instead, the motion requires 60 votes to open the door to formal Senate consideration, meaning the result could determine whether the bill moves forward for debate and further negotiations.
For XRP, the regulatory optimism is arriving alongside a market still sensitive to macroeconomic conditions. The CLARITY Act continues to face disagreements over stablecoin rewards, DeFi rules, ethics provisions, and consumer protections. That leaves XRP caught between a potentially bullish regulatory catalyst and broader market volatility.
Discover: The Best Token Presales
Can Ripple XRP Price Hit $2.50 Next Week?XRP’s recent rebound has brought the token back toward the $1.40 to $1.48 range after a sharp selloff pushed prices toward the $1.30s. The recovery has been accompanied by stronger trading activity, suggesting traders are repositioning around the regulatory catalyst rather than simply chasing momentum.
Heading into the weekend, XRP remains close to the middle of this range, leaving the $1.35 and $1.50 areas as key levels to watch. The $1.35 area has emerged as an important support zone for the bullish case. A sustained break below it could expose XRP to another test of the low $1.30s, especially if expectations surrounding the CLARITY Act deteriorate.
On the other hand, reclaiming $1.48 to $1.50 would strengthen the short-term setup and potentially open the door toward $1.60. Prediction markets currently show meaningful interest in that level, with Coinbase markets pricing a roughly 67% probability of XRP reaching $1.60 during September.
Longer-term expectations remain considerably more divided. Our current prediction puts a 41% probability of XRP exceeding $2 in 2026 and about 29% for a move above $2.50. That makes the $2.50 target a possible bullish scenario rather than a base case. The market is also pricing substantial uncertainty, with XRP’s year-end outcomes spread across the $1.25 to $2.50 range.
The bigger catalyst remains the Senate’s September 15 cloture vote on the CLARITY Act. The vote is scheduled for 2:15 PM ET and requires 60 votes to advance the legislation toward formal Senate debate. It is not a final passage vote, but failure could effectively derail the bill’s progress this year.
For the weekend setup, XRP holding roughly $1.40 to $1.45 would keep the rebound intact, while $1.50 is the first major upside test, and $1.35 remains the key downside level.
Earn $50 and Enter $300K Prize Draw on EdgeX
Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key LevelsRipple holders riding this bounce have a fair case for optimism, but let’s be honest about the math: even the bullish $4.40 target represents roughly 3x from current levels on a token with a market cap already in the tens of billions. That kind of upside takes real catalysts and time.
For traders hunting asymmetric setups, early-stage infrastructure plays at a fraction of that valuation are where the multiples get interesting, and Bitcoin Hyper is positioning itself as exactly that kind of bet.
Bitcoin Hyper ($HYPER) bills itself as the first Bitcoin Layer 2 with full SVM integration. It boasts a smart contract execution faster than Solana itself, built on Bitcoin’s base-layer security.
The presale has raised $33 million at a current token price of $0.0136857, with staking rewards already live for early buyers. Its Decentralized Canonical Bridge aims to solve Bitcoin’s long-standing programmability gap without compromising trust assumptions.
Research Bitcoin Hyper before the presale window closes.
Discover: The Best Crypto to Diversify Your Portfolio
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.
Bitcoin (BTC) price is down by 1.75% today, September 5, to trade at $79,599 at the time of writing. Ethereum (ETH) is also down by 2.45% to trade at $2,455, with these drops coming ahead of the release of the US CPI data on September 11 and a potential rate hike by the European Central Bank (ECB).
Bitcoin and Ethereum Price in US CPI and ECB Rate Decision The recent US jobs data report, which showed that the US labor market is becoming strong, increased the odds of the Federal Reserve hiking interest rates during the September 16 FOMC meeting.
Data from CoinGape prediction markets currently shows that there is a 50% chance that the Fed will hike interest rates by 25 basis points, while another 50% of investors are betting on the Fed leaving rates unchanged.
Source: CoinGape Prediction Markets Attention has now moved to the release of the US CPI report. Data from MarketWatch shows that investors are expecting US inflation to remain unchanged at 3.4%.
If the CPI comes in lower than the expected 3.4%, it could reduce the odds of the Fed trimming rates and could make President Trump’s argument that the Fed should lower rates stronger.
However, while there is uncertainty about the decision that the Fed will make, the market is pricing in a 100% chance that the European Central Bank (ECB) will hike rates by 25 basis points on September 10.
This hike could push Bitcoin and Ethereum prices lower because hawkish central bank decisions tend to push investors away from risk assets.
BTC and ETH ETF Sustain Inflows Despite Inflation Concerns Data from SoSoValue shows that there were inflows to both Bitcoin and Ethereum ETFs on September 4 despite the rising possibility of the Fed hiking interest rates after US non-farm payrolls exceeded expectations and came in at 162,000.
The inflows to Bitcoin ETFs came in at $174 million, while ETH ETFs saw $26 million in inflows, suggesting that demand from institutions is high despite the hawkish outlook.
Crypto ETF Flows (Source: SoSoValue) These inflows also suggest that institutions are ignoring the concerns around inflation after Bloomberg reported that nearly half of US goods and services prices have risen faster than 3%.
Still, BlackRock’s portfolio manager Jeff Rosenberg links these ETF inflows to market pricing in that even a 25 basis point hike will not affect stocks.
Bitcoin Price Forecast as Short-Term Holders Book Profits Bitcoin price has dropped below the psychological support of $80,000. A previous CoinGape Bitcoin price analysis noted that the downtrend could continue until the price reaches the lower Bollinger band of $75,335.
This drop comes amid a surge in profit-taking by short-term holders. Data from CryptoQuant shows that short-term holders have sent 467,000 BTC, valued at $35.4 billion, to exchanges since August 17.
BTC Short Holder Inflow (Source: CryptoQuant) The report also adds that the cohort is sending an average of 27,500 BTC every day to exchanges, with this transfer being 29% higher than the previous 3-month average.
Still, Bitcoin price has been creating higher highs despite this STH selling, suggesting that the demand is absorbing the coins that traders are selling.
Ethereum Price Prediction as Bulls Test 200-week EMA Resistance The price of Ethereum has risen to test the resistance at the 200-week EMA of $2,455. ETH has tested this resistance for three straight weeks without closing above it.
If ETH closes above $2,455, it will support a bullish long-term Ethereum price outlook. A close above this EMA will suggest that the uptrend could continue in the long-term if market sentiment recovers and Bitcoin also surges.
Ethereum price is also facing another resistance at $2,555. Past trends show that Ethereum recorded a strong gain whenever it confirmed a close above this obstacle. However, each failed breakout has pushed the price to the support at $2,215.
BTC Price Chart (Source: TradingView) The RSI reading of 58 suggests that the momentum is favoring bulls, and this could support a breakout from the resistance of $2,555.
Ethereum experienced a short-term decline despite positive sentiment regarding its long-term trajectory. The cryptocurrency’s current technical signals highlight elevated downside risks, even as some analysts point to further gains ahead if key support levels hold.
Current market performanceEthereum traded at $2,459.20 at the time of reporting, recording a 2.55% decrease over the last 24 hours. Its 24-hour trading volume stood at $16.78 billion, and the total market capitalization was $299.78 billion.
Technical indicators remain mixed. The Bollinger Bands, which measure price volatility and potential overbought or oversold conditions, are currently set at $2,727.40 for the upper band, $2,388.07 for the middle, and $2,048.73 for the lower band. With Ethereum priced above the middle band, the coin continues to trade in the upper half of its established range, signaling residual strength despite the recent decline.
MetricValuePrice$2,459.2024-hour Volume$16.78 billionMarket Cap$299.78 billionBollinger Band (Upper)$2,727.40Bollinger Band (Middle)$2,388.07Bollinger Band (Lower)$2,048.73Technical momentum signalsMomentum indicators suggest increased caution for the asset in the coming days. The MACD (Moving Average Convergence Divergence), a widely used indicator to gauge trend changes and momentum, currently reads 117.79—below its signal line at 131.96. The MACD histogram sits at -14.17, indicating negative momentum and signaling that the recent upward trend has weakened.
If the gap between the MACD and its signal line continues to widen, Ethereum may be exposed to further losses or test the middle Bollinger Band near $2,388.
Mini dictionary: MACD (Moving Average Convergence Divergence), a technical indicator used to detect changes in momentum, trend direction, and potential reversals in asset prices.
Despite these short-term setbacks, analysts emphasize that the broader upward trend remains intact if Ethereum can hold above pivotal support levels.
Analyst perspectives and recovery targetsCrypto Patel, a crypto market analyst active since 2017, recently shared an optimistic view on Ethereum’s future prospects. He stated that the potential for the asset extends well beyond the $15,000 threshold in the long term. Addressing the impact of recent corrections, Patel maintained that exiting the market during price pullbacks is not always necessary. He pointed to the $1,500 to $1,600 range as a key historical accumulation zone for Ethereum, reinforcing confidence among long-term holders.
Crypto analyst Crypto Patel highlighted the importance of distinguishing between short-term price swings and Ethereum’s larger adoption trajectory. Patel referenced past support zones near $1,500 to $1,600 as crucial for accumulation, suggesting that market corrections need not signal weakness for long-term investors.
For the immediate outlook, Ethereum’s ability to sustain levels above the middle Bollinger Band at $2,388 will be closely watched. A rebound toward $2,727 could signal regained strength, while a drop below $2,388 may expose it to further downside risk toward the $2,049 level.
Technical analysis indicates that Ethereum’s near-term direction depends on its stability above $2,388 support and the reinforcement of positive momentum.
Market participants remain divided between concerns over short-term momentum loss and expectations of further long-term appreciation. Investors continue to monitor the key support and resistance levels closely for potential trend reversals or confirmations.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ethereum (CRYPTO: ETH) price remains in a consolidation phase and has formed a bullish flag pattern that may point to a strong breakout. It was trading at $2,458 on Saturday, up by over 63% from its lowest level this year.
ETHB ETF Inflows are SoaringA key driver for the recent Ethereum price rally is the fact that American retail and institutional investors are piling into its ETFs. These funds added over $26 million in inflows on Friday, bringing the weekly increase to over $218 million. They added $1.8 billion in assets in August and now hold $15.57 billion in assets.
A key driver to the ongoing ETH ETF inflows is the iShares Staked Ethereum Trust (NASDAQ:ETHB), which has become the fifth-biggest ETH fund. Since its launch in March this year, the fund has accumulated over $980 million in assets. It has already overtaken funds by top companies like Bitwise, VanEck, and Franklin Templeton.
ETHB is similar to other ETH ETFs, with the main difference being its staking capabilities. BlackRock stakes its assets, allowing investors to generate an annual return that normally compensates the 0.25% fee. Staked ETH tokens currently earn an annual return of about 2.65%.
Read Next
The ongoing ETH ETF inflows has coincided with that of other coins. Bitcoin (CRYPTO: BTC) ETFs have added $770 million in assets this month, while Ripple (CRYPTO: XRP) have had over $13 million in assets.
Trending
The recent crypto rebound happened after many of them remained in a tight range for months, with investors focusing on the booming stock market. Now, with many top AI stocks being in a bear market, many investors, especially those from South Korea, have started to rotate back to crypto. Also, the Crypto Fear and Greed Index has moved to the greed zone of 75.
Ethereum Price Has Formed a Bullish Flag PatternTechnicals suggest that the ongoing consolidation will result in a strong bullish breakout in the near term. It is part of the bullish flag pattern, which happens when a strong rally is followed by a consolidation. This pattern normally leads to a continuation.
The coin is also about to form a golden cross as the spread between the 50 and 200-day moving averages narrow. If this happens, it will be the first time that ETH has formed a golden cross since July last year when it jumped from $2,550 to $4,956 within weeks.
Therefore, these technicals, together with the ETF and staking inflows, suggest that ETH may be about to soar. Such a move would point to more gains, potentially to the psychological level of $3,000.
Crypto market analyst JD has identified a significant long-term technical pattern on the XRP/ETH trading pair, focused on data from the Kraken exchange since 2020. The price of XRP relative to Ethereum currently stands at 0.0005708 ETH per XRP, following an extended period of weakness. However, JD’s analysis centers on a multi-year falling wedge, a technical formation that often signals the end of a downtrend and the potential for a trend reversal.
Technical analysis points to compression phaseJD’s chart highlights that since 2020, XRP/ETH has traded within parallel, downward-sloping lines. These converging trendlines connect a series of lower highs and lower lows, keeping price actions contained. The lower line has functioned as major support, while the upper line has repeatedly limited recovery attempts. This compression phase has lasted nearly four years, keeping XRP heavy against Ethereum throughout the period.
The previous falling wedge formation resolved with a strong breakout to the upside in late 2024. XRP quickly rallied to a target equivalent to the widest point of the wedge, as identified in JD’s analysis, confirming the classic breakout structure.
JD’s technical overview argues that the current set up “looks VERY similar to the previous cycle.” If the new falling wedge confirms with a breakout, technical projections call for another strong move in XRP’s favor.
Renewed falling wedge sets stage for next moveFollowing last year’s rally, the XRP/ETH pair pulled back and has since moved inside a newer, more compact falling wedge formation. Technical targets drawn on JD’s chart indicate another potential rally – provided the price breaks decisively above the upper boundary. The wedge is close to reaching its apex, hinting at a conclusion to this period of sideways movement.
JD’s post directly compares this latest setup to the prior multi-year wedge, suggesting a similar pattern could be unfolding. The measured move from a breakout carries the potential for a sharp price move, but confirmation is still needed.
Mini dictionary: Falling wedge, a technical analysis pattern with converging trendlines sloping downward, usually interpreted as a bullish reversal signal after a downtrend.
Key break or breakdown aheadJD’s latest chart shows two scenarios. A green arrow points sharply upward, marking a target well above the current level. This would require XRP to break out above the top trendline of the wedge. A red arrow points downward, signaling that failure to break out could lead to a decline instead.
JD underlines that confirmation is essential and does not promise a guaranteed outcome. He also notes the recurring risk that even with a successful breakout and rally, a sharp reversal or crash could follow. “In the end, the majority will still end up poorer regardless,” states JD, emphasizing the inherent volatility and risk in these market moves.
While technical patterns offer roadmaps, the direction is not assured until a breakout occurs. Both strong upside and sharp decline remain possible for XRP/ETH at this pivotal level.
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: RedSonic Vault lost 9.25 ETH after an attacker exploited a dual-asset pricing flaw entirely. A permissionless registerErc20 function let the attacker add a second, conflicting stETH share class. The attacker flash-loaned 1,139 WETH from Balancer and needed zero starting capital of their own. ExVulSec traced the full exploit, including the Curve swap and the final loan repayment step. A flash loan attacker drained 9.25 ETH from Ethereum’s RedSonic Vault in a single transaction. Blockchain security firm ExVulSec identified the exploit and published a full technical breakdown.
The attacker manipulated a permissionless asset-registration function to double count the same underlying collateral. On-chain records show the entire operation executed inside one self-contained transaction.
How the RedSonic Vault Exploit Unfolded The attacker flash-loaned 1,139 WETH from Balancer to fund the entire operation. No upfront capital of their own was required.
RedSonic’s vault prices its rsvETH shares through a function called getTotalAssetBalance. For the Lido position, that function reads the vault’s raw stETH balance directly.
That design choice became the exploit’s foundation. Share prices tied directly to a raw balance can shift if that balance changes unexpectedly. No corresponding shares need to be minted or burned.
The vault’s registerErc20 function carried no access restrictions, according to ExVulSec. Anyone could register a brand new asset class inside the vault.
The attacker registered stETH as a second asset, creating a class called rsvstETH. Both share types then drew from the exact same underlying stETH balance.
The exploit contract self-destructed once execution finished. Security researchers note that self-destructing contracts often complicate later on-chain tracing efforts.
Flash loans let borrowers access large sums without posting collateral, provided the loan gets repaid within the same transaction. Attackers commonly use this mechanism to fund exploits that would otherwise demand substantial capital.
🚨 ALERT — Exploit on Ethereum @reddio_com RedSonic Vault was drained for ~9.25 ETH. A no-capital attacker flash-loaned 1,139 WETH from Balancer, inflated the vault's share price, and cashed out. The exploit ran inside a self-destructing contract's constructor.
Root cause:
the…
— ExVul (@exvulsec) September 5, 2026
RedSonic Vault Exploit Exposes a Dual-Asset Flaw The attacker deposited 1,130 ETH first, acquiring close to 99% of all outstanding rsvETH shares. That position set up the rest of the exploit.
Next, the attacker deposited 9.34 stETH directly into the vault. That single deposit inflated the stETH balance without minting any new rsvETH shares.
Because rsvETH pricing reads the raw stETH balance, the extra deposit pushed the share price higher artificially. The attacker’s existing rsvETH holdings gained value instantly as a result, without any new rsvETH being issued.
The attacker then redeemed rsvETH for 1,139.5 ETH, according to ExVulSec’s transaction analysis. That single redemption produced the full 9.25 ETH profit.
The same attacker also redeemed the rsvstETH shares for stETH separately. The identical underlying collateral effectively paid out twice from one shared, pooled vault balance.
ExVulSec reported that the recovered stETH was swapped for ETH on Curve. The attacker repaid the Balancer flash loan within that same transaction.
Etherscan data lists the attacker’s wallet as 0x70f2333d21Ed7E7D105F6578227A9A747687982C. The RedSonic Vault contract itself sits at 0x4315990d9eeaffdfafd49958b4851f203fa1126f.
The attack transaction carries the hash 0xe3cba90e865c6cba950ebce36a52607f51f1fd33cd9fb920c78803f19b57791a. It remains publicly viewable on Etherscan for anyone verifying the exploit’s details.
Chainalysis has added support for HyperEVM, the Ethereum-compatible smart contract environment on the Hyperliquid Layer 1, the blockchain analytics firm announced on September 3, 2026. The integration brings Chainalysis’s compliance and investigation tooling to Hyperliquid’s growing onchain ecosystem, letting customers monitor activity across the network’s native token and the applications deployed on top of it. The announcement is the latest chain-coverage expansion from the analytics firm, which routinely adds automatic token support for emerging networks.
Automatic Coverage for ERC-20 and ERC-721 Tokens Support extends well beyond the native HYPE token. Chainalysis said it will automatically add coverage for new fungible and non-fungible tokens deployed on HyperEVM that follow major standards such as ERC-20 and ERC-721. Because fresh tokens are minted on the network daily, the firm’s platform now ingests them without manual intervention, closing the gap between a token’s launch and its availability for screening. Customers can run Know Your Transaction (KYT) checks with actionable alerts and continuous monitoring, and the same coverage is wired into Chainalysis’s entity screening products and Reactor, its flagship investigations tool. That lets analysts track fund flows across HyperEVM tokens, investigate transactions, visualize money movements, and identify potentially illicit activity.
Where HyperEVM Fits in Hyperliquid HyperEVM is Hyperliquid’s Ethereum-compatible execution environment. It lets developers port Ethereum-based applications onto the Layer 1 while still connecting to HyperCore and the wider Hyperliquid ecosystem, effectively extending the chain beyond its high-throughput perpetuals venue. For a compliance provider, that compatibility carries practical weight: the token standards and smart-contract patterns investigators already know from Ethereum now apply to Hyperliquid’s chain, so fund-flow tracking and transaction investigation work through familiar interfaces rather than bespoke tooling.
Compliance Infrastructure Catches Up to a Busy Network The move arrives as Hyperliquid draws attention from developers and enforcement alike. Arkham recently reported that the Lazarus Group sold more than $30 million in bitcoin on Hyperliquid, underscoring why monitoring tools for the network matter. Separately, the Hyperliquid Policy Center has asked the CFTC to allow energy perpetual contracts in the U.S., a sign that the platform’s regulatory footprint is expanding as quickly as its trading activity. By extending coverage now, Chainalysis positions its customers to screen an ecosystem that is still adding tokens and use cases by the day.
AUTHOR
A freelance writer with a passion for crypto, delivering insightful and accurate content on blockchain and fintech. With a knack for translating complex concepts into accessible content, Eric produces well-researched articles, blog posts, and thought leadership pieces that cover the latest trends and developments in the digital finance space. His writing is aimed at educating and engaging both newcomers and industry experts, offering fresh insights into the world of cryptocurrencies, decentralized finance (DeFi), and blockchain innovations. Eric’s dedication to quality and accuracy makes him a trusted voice in the fintech and crypto communities
A vulnerability in the RedSonic Vault on Ethereum enabled an attacker to drain 9.25 ETH using a complex flash loan exploit in a single transaction. Blockchain security firm ExVulSec identified and analyzed the incident, outlining how the vault’s dual-asset pricing flaw was entirely compromised.
Flash loan powers single-transaction exploitThe attacker launched their operation by borrowing 1,139 WETH from Balancer through a flash loan, which allowed the necessary capital without tying up their own funds. Flash loans are commonly used in decentralized finance (DeFi) to borrow significant sums, as long as the funds are returned within the same transaction, making them useful for both legitimate arbitrage and malicious exploits.
ExVulSec reported that the vulnerability lay in the RedSonic Vault’s registerErc20 function, which carried no access restrictions. This made the function permissionless, enabling anyone to register a new asset or share class within the vault, undermining protection against unauthorized manipulations.
By leveraging this function, the attacker registered stETH as a second asset under a new share class called rsvstETH. This setup allowed both rsvETH and rsvstETH shares to draw value from the same underlying stETH balance.
ExVulSec traced the operation in detail, showing that each step from the asset registration to the unwinding of the flash loan was performed within a single, self-contained blockchain transaction. The malicious smart contract used for the exploit self-destructed at the end of execution, a tactic often used to hinder post-incident on-chain tracking.
Mini dictionary: ExVulSec – A blockchain security research group specializing in post-mortem analysis of smart contract exploits and real-time incident response for DeFi vulnerabilities.
Vault pricing flaw allows double withdrawalThe exploit began when the attacker deposited 1,130 ETH to obtain nearly all of the rsvETH shares in the vault. This move positioned them to benefit from further manipulations in the vault’s asset balance.
Subsequently, the attacker deposited 9.34 stETH, which increased the raw stETH balance in the vault but did not mint new rsvETH shares, a result of how the pricing function getTotalAssetBalance was designed. Since rsvETH share price was tied to the raw balance, this action artificially inflated the share value.
With the rsvETH price boosted, the attacker redeemed their shares to receive 1,139.5 ETH, effectively extracting the profit. They also redeemed the newly created rsvstETH shares for stETH, exploiting the vault’s dual-asset mechanism to perform a double withdrawal against the same underlying collateral.
StepActionResult1Flash loan 1,139 WETH from BalancerSecured capital for exploit2Deposit 1,130 ETHAcquired nearly all rsvETH shares3Register stETH as new share class (rsvstETH)Enabled dual access to same collateral4Deposit 9.34 stETHArtificially inflated rsvETH price5Redeem rsvETH for ETHExtracted 1,139.5 ETH6Redeem rsvstETH for stETHDouble withdrawal from same pool7Swap recovered stETH for ETH on CurveFinalized profits8Repay Balancer loanSecured 9.25 ETH net profitExVulSec’s investigation revealed that the attacker inflated the vault’s share price by artificially increasing the stETH balance, then redeemed both the original and duplicate shares for separate withdrawals from the same collateral pool.
After securing the funds, the attacker used Curve, a decentralized exchange protocol known for efficient stablecoin and token swaps, to exchange stETH back to ETH and repay the original Balancer flash loan, wrapping up the attack in one transaction.
The attack was publicly documented, with the main transaction traceable on Etherscan under the hash 0xe3cba90e865c6cba950ebce36a52607f51f1fd33cd9fb920c78803f19b57791a. Key contracts and wallets involved include the RedSonic Vault contract at 0x4315990d9eeaffdfafd49958b4851f203fa1126f and the attacker’s wallet 0x70f2333d21Ed7E7D105F6578227A9A747687982C.
ExVulSec cautioned that self-destructing exploit contracts complicate subsequent forensic reviews, as they erase on-chain code references immediately after the attack completes.
Investigators detail that both the initial deposit and asset registration combined with a flash loan enabled the attacker to fully extract and swap their gains before contract self-destruction obscured further evidence.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
