Broadcom's AI semiconductor growth could reshape the tech landscape, intensifying competition and innovation in custom chip design and networking.

The post Broadcom forecasts AI semiconductor revenue growth to $230B by 2028 appeared first on Crypto Briefing.

Polygon's revenue growth and token burn mechanism highlight its potential for sustainable economic activity and long-term value appreciation.

The post Polygon chain generates over $1M in network revenue in 30 days appeared first on Crypto Briefing.

Vance's ties to Carlson may weaken his GOP support, highlighting internal party tensions and affecting his political stability.

The post JD Vance faces GOP friction over Tucker Carlson ties appeared first on Crypto Briefing.

Solana's token unlocks could lead to market volatility, affecting token prices and investor sentiment, especially with political influences at play.

The post Solana ecosystem braces for nearly $100M in token unlocks this September appeared first on Crypto Briefing.

The demolitions exacerbate regional instability, reducing prospects for Israeli withdrawal and complicating peace efforts in the West Bank.

The post Israeli forces demolish water wells, greenhouses in Hebron amid tensions appeared first on Crypto Briefing.

Bitcoin Magazine

‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month

Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.” 

Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to help the crypto industry. 

Pro-crypto lawmakers had hoped to pass the Clarity Act before Congress broke for August recess, but the vote slipped to September. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or stablecoins. 

“The Clarity Act will be voted on in the Senate on the 15th of September,” Atkins said. “I anticipate and hope that it will be passed by the Senate and sent ultimately to the President’s desk for a signature.”

He added: “We’re changing the past approaches to try to update [rules], modernize them in the age of blockchain and crypto assets.”

Despite a vote on the Clarity Act being delayed, regulators like the SEC and Commodity Futures Trading Commission have said they will still proceed with trying to shape crypto policy. 

Last week, the SEC sent a proposal to the White House aiming to “clarify the framework for the custody of crypto assets” for investment advisers and companies. 

Despite being passed by the House of Representatives last year, the Clarity Act has been in a deadlock for most of this year after the banking lobby clashed with lawmakers and crypto businesses over whether platforms like Coinbase should be able to pay customers yield. 

Some lawmakers have sought to change wording in the bill regarding ethics, and a new bill started circulating in July. The draft bans government officials from promoting and making money from crypto. 

But other Democratic lawmakers said it still fell short; a number of pro-crypto Republicans accused Democrats of deliberately playing politics and delaying the bill. 

This post ‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin

Mexican billionaire Ricardo Salinas is at it again. 

This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin. 

Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his followers to opt out and start protecting their savings. 

“Bitcoin changes one fundamental rule: no one can print more just because they want to,” Salinas said in a video on X on Monday. 

“While you have to work to earn more money, the system can simply create more of it. Don’t be fooled: learn, protect your savings, and defend your freedom, buy bitcoin and hold it.” 

It’s not the first time Salinas has told his followers to be aware of government monetary policy. 

The billionaire posts on X almost daily to millions of followers, and criticizing central bank money creation is one of his recurring themes, appearing in tweets, interviews, conference keynotes, and video messages. 

In recent years, the entrepreneur has stepped up his criticisms of governments — and his praises of bitcoin. Earlier this year admitted he had increased his allocation in the asset from 10% to 70% of his portfolio. 

Salinas’ bitcoin enthusiasm all stems from central bank monetary policy. Speaking at Bitcoin 2022, Salinas described traditional money as “the fiat fraud.”

“What they are doing is printing money out of thin air, and then making fake purchases,” he said of the Federal Reserve. 

The business magnate has also talked about his success in “orange pilling” his friends and family. 

“I convinced my wife to mortgage the house that she has and take a loan to buy bitcoin,” he once boasted in an interview. 

This post Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

A lot of people have heard of Bitcoin but even among those who hold it, knowledge is shallow. 

Though for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. 

That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin. 

In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. 

“Ranked by the share of all respondents who have ever owned bitcoin, the leaders are not wealthy financial centers — they are economies where the national currency has been unstable and everyday access to dollars or reliable banking is hard,” the report read.  

“In each, bitcoin functions less as a speculative bet and more as a practical workaround.” 

Still, Cornell found that actually being able to explain the fundamentals of the protocol was difficult for most — including how many bitcoins would ever be minted in existence. In fact, 58% of those surveyed said they didn’t know the supply was capped at 21 million coins. 

But technicalities aside, the cryptocurrency has still proved helpful to people wanting to use it, the report found. 

One Venezuelan — who wasn’t named — told interviewers that Bitcoin was “faster, cleaner, and much less risky” than other methods of getting dollars in the country. 

While another Salvadoran was quoted saying: “When nobody controls [bitcoin], it means we all have control of it.”

And a Nigerian interviewee reportedly told Cornell researchers: “I’ve been to six African countries and whenever I go there, I don’t fear it because I know I can spend my bitcoin.”

Bitcoin adoption started growing in Venezuela ahead of other countries years ago, when hyperinflation crippled the economy and strict government currency controls meant getting dollars became difficult. 

El Salvador made bitcoin legal tender — along with the dollar — in 2021. The country’s leader admitted that getting its citizens to use the cryptocurrency was difficult but the Central American nation still says it buys the asset for its government coffers. 

In Nigeria, which has had some of the highest transaction volumes in the world, saving in bitcoin has been used by some to get around the collapse of the naira.

Cornell University’s research was fielded by Morning Consult in partnership with the Tech Policy Institute in Cornell University’s Jeb E. Brooks School of Public Policy, the Cornell Bitcoin Club, the Human Rights Foundation and the Reynolds Foundation.

Researchers interviewed 25,880 people in 25 countries between December 16, 2024 to March 10, 2025, asking 125 individual questions. 

This post When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy

Top bitcoiner Adam Back has invested €7.6 million ($8.8 million) in Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company. 

The company said Wednesday that the investment will be used to buy more bitcoin. Adam Back is the CEO of bitcoin infrastructure company Blockstream, and one of the biggest and well-known figures in the space 

Capital B’s announcement comes after the company last week said it had raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM.

“The proceeds of the Private Placement will be used primarily to strengthen Capital B’s balance sheet through the accumulation of bitcoin as a long-term reserve asset,” the company said in a statement. 

“This capital increase is a key step in implementing the company’s Bitcoin Treasury Company strategy, focused on increasing the number of bitcoin per share on a fully diluted basis over time.”

It added that the placement would fund it buying 376 additional bitcoins, taking its potential holdings to 3,521 coins from its current stash of 3,145.

Capital B is the 26th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its coffers — worth $242 million at today’s bitcoin price of $76,959. 

Capital B built much of that position through fundraising rounds during the first half of 2026. 

In May, it acquired 192 coins for €13 million after completing three capital raises.

Capital B’s is trying to build a bigger bitcoin position as other treasuries look to raise funds and accelerate their buys. 

NYSE-listed AI-powered education company Genius Group last week said it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold its entire bitcoin reserves to repay $8.5 million in debt. 

The Bitcoin treasury model has taken a hit since last year when the price of the leading cryptocurrency took a hit. 

A number of companies in the space have had to liquidate their holdings — including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy.

This post Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

The Quantum Issue: Letter From The Editor

Quantum this, quantum that…who put a stupid cat on-chain!?

Ahem. 

Alright, let’s be serious. The threat that a viable, actually functioning, quantum computer would pose to Bitcoin if it were to be built is very serious. It is the concrete example of an existential threat, in every sense of the word. 

One of the bedrock foundations that Bitcoin rests upon is the assumption of a functioning cryptographic system that can be used to produce unforgeable signatures, i.e. that if you follow that system’s protocol properly when signing things, there is no way that anyone but a bitcoin’s rightful owner could produce a signature needed to spend it unless the rightful owner failed to secure their private key from theft. 

Quantum computers toss that right out the window. There goes the integrity of the entire mechanism that is used for owners of bitcoin to authenticate their ownership for the protocol to process their legitimately authorized transactions, and ONLY their legitimately authorized transactions. There’s no way for anyone to actually own anything in the context of the Bitcoin protocol if that assumption breaks. 

Bitcoin breaks if that assumption breaks. 

Thankfully, there are many different cryptographic systems that exist, and not all of them rest on assumptions that a quantum computer breaks. That’s the good news. The bad news is that its all a set of tradeoffs, none of them are ideal, and there are going to be some hard choices that have to be made. 

But there are solutions to just about every one of the problems that a viable quantum computer would create…except the problem of choosing which solutions to use. So in light of that, here is The Quantum Issue. 

This issue is a lot more structured than most past issues, and that is to ensure that it guides a reader through the entirety of the problem space and solution space without assuming any prior understanding (this is a very deep and technical subject). 

The first set of articles goes through the general issue of quantum computing itself, how it differs from classical computing, why that matters, how likely it is one is developed soon, etc.

The second set examines Bitcoin’s exposure. How is it exposed? How badly is it exposed? How can that degree of exposure change? 

The third set examines concrete (or developed enough to not be too hard to get to a concrete place) solutions to securing your bitcoin in a quantum safe way, and handling a network wide migration to those solutions. 

Don’t miss your chance to own The Quantum Issue — featuring articles written by many influential figures in the space working on the necessary pieces for a post-quantum Bitcoin!

This piece is the Letter from the Editor featured in the latest Print edition of Bitcoin Magazine, The Quantum Issue. We’re sharing it here as an early look at the ideas explored throughout the full issue.

This post The Quantum Issue: Letter From The Editor first appeared on Bitcoin Magazine and is written by Shinobi.

XRP could climb above $2.14 by late November as sustained exchange-traded fund (ETF) demand adds momentum to its recent rebound.

CryptoSlate’s 90-day model places the bullish outcome at the 80th percentile, nearly 59% above its  $1.35 reference close. The median forecast is far lower at $1.47, leaving the headline target in the optimistic part of a much wider range.

That upside scenario is emerging as XRP attracts a steadier institutional bid. Data from SoSoValue shows that US XRP ETFs have recorded net inflows for six consecutive months, pulling in roughly $474 million over that period.

The token was trading around $1.32 to $1.33 on Sept. 2 after gaining about 23% to 24% over the previous 30 days, putting it back within reach of the model’s reference level after a strong August rebound.

The ETF streak does not make $2.14 the base case, but it gives the bullish side of the forecast a stronger demand backdrop than price action alone would suggest.

XRP ETF buying meets a large leveraged short

The model places its $2.14 projection inside a $1.81 to $2.81 corridor spanning the 70th to 90th percentiles.

CryptoSlate’s prediction model generates the range from 2,000 simulated price paths using volatility modeling, historical simulation and quantile regression. The methodology incorporates both typical trading conditions and outsized market moves, though results can diverge when a new market regime or regulatory shock breaks from historical patterns.

Its median outcome of $1.47 implies a gain of only about 8.9%, while the bearish estimate falls to $1.05. A separate extreme stress marker reaches $0.46, underlining how wide the distribution remains despite XRP’s recent recovery.

However, derivatives positioning could make any move through that range more violent.

CME said its XRP futures suite averaged 36,600 contracts a day during the second quarter and generated $10.8 billion in notional volume. More recent positioning showed leveraged funds net short the equivalent of 115.7 million XRP as CME open interest jumped 39.6%.

Those positions may include hedges, but sustained ETF inflows alongside rising prices would increase pressure on traders carrying directional shorts. A further advance could force some of that exposure to be reduced, adding momentum to the upside.

The reverse remains true if XRP’s rebound stalls.

Regulatory uncertainty has also eased since the SEC and Ripple dismissed their appeals in August 2025, resolving the long-running civil case while leaving a $125 million penalty and injunction in place.

For now, the market is balancing two very different signals: six months of ETF accumulation and a sizeable leveraged short on one side, and a model whose median still sits well below its bullish headline target on the other.

The $2.14 level therefore remains achievable within the forecast, but the path there would require XRP’s recent demand strength to persist well beyond its August rebound.

The post XRP’s $2.14 bull case just met a $474 million ETF tailwind appeared first on CryptoSlate.

BlackRock’s Bitcoin exchange-traded fund (ETF) has narrowly outperformed the S&P 500 since launch despite subjecting investors to a drawdown nearly three times as deep.

The iShares Bitcoin Trust, or IBIT, returned 67.74% from its Jan. 11, 2024 debut through Aug. 31, compared with 66.14% for Vanguard’s S&P 500 ETF, or VOO, on a total-return basis that reinvests dividends.

That left IBIT ahead by just 1.60 percentage points after Bitcoin surged to a record high and then gave back much of those gains during a prolonged downturn.

“Hard to believe IBIT is beating VOO since inception but it’s true,” Bloomberg senior ETF analyst Eric Balchunas wrote Sept. 1, noting that the gap remained narrow.

Balchunas compared IBIT’s path toward a roughly 70% gain to the El Toro roller coaster at Six Flags Great Adventure, while describing VOO’s advance as a walk in the park. He said the result was especially surprising given the bearish mood that dominated Bitcoin from October through July.

IBIT’s narrow lead came with a 53% drawdown

The similarity in headline returns disappears once you consider the path investors took to get there.

IBIT’s worst peak-to-trough decline reached 53.30% between Oct. 6, 2025, and June 30, 2026. VOO’s maximum drawdown over the comparison period was 18.69%, from Feb. 19 through April 8, 2025.

Investors who bought both funds when IBIT launched therefore ended Aug. 31 with broadly similar cumulative returns, but Bitcoin ETF holders had to withstand a decline of more than half from the fund’s peak.

Bitcoin’s price history helps explain much of that gap.

BTC traded near $47,000 when US spot ETFs debuted in January 2024 and later surged to a record high of around $126,000 in 2025 following Donald Trump's election victory. However, its value then fell as low as roughly $58,000 this year before recovering to around $77,000 as of press time.

That reversal erased much of the performance advantage IBIT had built during Bitcoin’s run to record highs.

Nevertheless, that volatility has not stopped Wall Street from building substantially deeper infrastructure around the asset. BlackRock has recommended a 2% BTC allocation for investors seeking diversification and long-term return potential.

Meanwhile, this comparison also pits the two funds at very different stages of maturity.

IBIT, now the largest spot Bitcoin ETF, manages about $60 billion in assets and has accumulated roughly $63 billion of inflows since launch, giving BlackRock’s less-than-three-year-old product a scale few new ETFs have reached.

VOO remains in another league. The Vanguard fund, which tracks the S&P 500 and provides broad exposure to large-cap US equities, crossed $1 trillion in net assets in June 2026, becoming the first ETF to reach that threshold.

The post BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash appeared first on CryptoSlate.

Circle issued a warning that the quantum circuits needed to attack widely used blockchain signatures are becoming leaner, citing a low-width record of 813 logical qubits.

For the USDC quantum migration, the immediate consequence is a dependency problem across every host chain, wallet, custodian, bridge and user account that must eventually accept a safer way to authorize transactions.

Circle's current contract documentation contains 37 mainnet USDC rows. The company can protect infrastructure it controls and exercise token-contract powers on supported networks, but it cannot rotate a customer's private key, rewrite a custodian's signing stack or unilaterally change the signature rules of Ethereum, Solana, XRPL or any other host.

In its Aug. 31 disclosure, Circle told developers to inventory their cryptography, identify vendor dependencies and prepare key rotation. USDC was worth about $73.6 billion on Sept. 2, giving that coordination problem financial scale. A migration that secures Circle's own keys while leaving an old wallet, bridge or base-layer path exposed would not secure the whole footprint.

The 813-qubit figure is one coordinate, not a countdown

Circle describes 813 logical qubits as the August 2026 low-width record on ECDSA.fail. That is evidence that quantum circuit designs are becoming more resource-efficient, but the number is easy to misread.

The public challenge specification optimizes a reversible point-addition circuit for secp256k1, the curve used by Bitcoin and Ethereum. It scores submissions by multiplying peak logical-qubit width by average Toffoli-gate count. A design can reduce width by spending more gates, or reduce gates by using more width. The 813 figure therefore does not describe, by itself, a complete Shor attack, its circuit depth, its error-correction overhead or how long it would run on physical hardware.

A March 2026 paper makes the tradeoff explicit. The researchers estimated that a 256-bit elliptic-curve discrete-log attack could use fewer than 1,200 logical qubits and fewer than 90 million Toffoli gates, or fewer than 1,450 logical qubits and fewer than 70 million Toffoli gates. Their minutes-scale scenario also assumed a fast-clock superconducting architecture, physical error rates of 10^-3, planar connectivity and fewer than 500,000 physical qubits.

Those estimates are a stronger resource model than a width figure alone, but they still do not provide a delivery date for such a machine.

Circle's hardware comparison also needs correction. Its post says Google achieved 105 logical qubits with Willow. Google describes Willow as a 105-qubit processor, while the associated Nature paper describes 105 physical qubits used in a distance-7 surface-code logical-memory experiment involving 101 qubits. That is not the same as 105 attack-ready logical qubits.

The migration case does not need an invented deadline. NIST standardized SLH-DSA in FIPS 205 and says organizations should begin replacing quantum-vulnerable cryptography now. Its 2035 horizon concerns deprecation and removal from standards, not a prediction of Q-day.

The practical trigger is readiness. Networks need enough time to add verification rules, wallets and custodians need tested key-rotation paths, and users need a period in which classical and post-quantum authorization can coexist without splitting liquidity or trapping balances.

Arc is one controllable layer inside a 37-network system

Arc gives Circle a place to design post-quantum support more directly, but its present documentation separates several layers that Circle's disclosure compresses into the phrase “supports SLH-DSA.”

Arc's execution-layer documentation describes a precompile that can verify SLH-DSA-SHA2-128s signatures. A verification precompile lets contracts check that signature type. It does not automatically replace the signature that authorizes an ordinary network transaction.

Arc's custody guide still specifies standard secp256k1 ECDSA transaction signing. Its post-quantum roadmap places opt-in beta post-quantum wallet signatures at mainnet launch and post-quantum validator signatures later. Circle also says Arc has not chosen its final post-quantum transaction-signature scheme and expects hybrid ECDSA support during migration.

Arc can become a proving ground for a hybrid design. It cannot make USDC quantum-safe on Ethereum, Solana or 35 other mainnet rows simply by adopting that design.

USDC quantum migration spans 37 different network paths

Circle's public count is itself moving. Its USDC page says 35 networks as of June 29, 2026 while enumerating 37 names. The current contract-address table is the mainnet anchor used here and contains 37 rows. A separate Circle Mint table reaches 38 only when Arc testnet is included, so Arc testnet is not counted in the inventory below.

The table distinguishes verified signing classes from hosts that need their own cryptographic audit. “EVM path” means an Ethereum-style externally owned account normally uses secp256k1 ECDSA, with its public key recoverable after signing, while a smart-contract account may use contract-defined verification. “Chain-specific” avoids assigning an exact scheme where the cited primary chain documentation does not establish one. The status column records whether the cited material establishes a host-wide post-quantum switch; it does not rule out exploratory work elsewhere.

The documented examples show why one deadline cannot describe the whole footprint. Solana transactions use Ed25519 signatures. Polkadot supports sr25519, Ed25519 and ECDSA accounts. Ethereum-style externally owned accounts and smart-contract wallets have different migration options even before comparing them with a non-EVM host.

Upgrade authority also differs. An XRPL amendment needs more than 80% trusted-validator support for two weeks. Algorand protocol changes require an on-chain supermajority. Stellar network upgrades depend on validator consensus. None of those decisions belongs to Circle.

Freeze and reissue powers do not rotate a user's key

Circle has important controls at the token layer. Its EVM FiatToken design includes roles that can mint, burn, pause, blacklist and upgrade the contract. Its USDC terms also reserve blocking and service-suspension powers in defined circumstances.

Those controls could help contain an identified incident on a supported contract. Circle might freeze an address where the implementation permits it, stop minting or transfers, and arrange redemption or reissuance under its legal and operational rules. But a freeze does not make a stolen private key safe. It also cannot change the host chain's signature verifier.

The responsible actor changes with the vulnerable key:

• Circle must rotate issuer and contract-administration credentials it controls.
• A user or custodian must move funds from an exposed account using a wallet and host chain that accept the destination signature.
• A bridge operator must protect its own signing and contract controls while coordinating liquidity across both sides.
• A base-layer community must approve and deploy protocol changes.
• Wallet makers, hardware vendors and exchanges must support both old and new signatures during a transition.

The weakest link is therefore not necessarily the chain with the slowest technical proposal. The custodian that cannot rotate thousands of accounts quickly, the bridge whose emergency controls still rely on an exposed key, or the user cohort that never moves before an old signature path is retired are all targets.

A workable rollout would need more than an activation height. Each operator would need an inventory of exposed and unexposed keys, a tested destination account type, hardware and software support for the new signature, and a recovery policy for balances that do not move. Hybrid acceptance would need a defined end state so that classical authorization does not remain an indefinite bypass. Circle could coordinate those milestones for its contracts and services, but each host ecosystem would still decide how and when its own classical path closes.

Migration urgency can be real without a Q-day date

Circle's disclosure is useful because it moves post-quantum preparation into present-tense operational planning. The 813 record shows that attack circuits can improve while hardware teams work on error correction. NIST's standards give implementers concrete alternatives to test.

The disclosure overreaches when it compares 813 logical attack qubits with Willow's 105 physical device qubits as if the two values occupied one scale. It also understates the practical gap between verifying an SLH-DSA signature inside Arc and authorizing, settling and recovering USDC across dozens of independent production networks.

Circle can make its slice of the system more adaptable. It cannot declare USDC quantum-safe across its footprint until host chains, wallets, custodians, bridges and users can all move, and until every remaining classical route is either retired or deliberately contained. That is a migration program with many veto points, not a cryptographic switch.

The post USDC may be only as quantum-safe as its slowest wallet, bridge or blockchain appeared first on CryptoSlate.

Solana says it processed a record 5.2 billion non-vote transactions in August, a total it described as 19% above July.

The milestone arrived with a sharply different measure: 21Shares calculated that gross network revenue, including fees and tips generated by network use, fell to $141 million in the first half of 2026 from $1.09 billion a year earlier.

The figures cover different periods. The transaction count captures the month ended Aug. 31, while the revenue comparison covers the six months through June. Together, they show activity accelerating after a half-year in which Solana generated far less fee and tip revenue than during the memecoin boom a year earlier.

Why Solana’s activity and revenue diverged

Non-vote transactions remove validators' consensus messages from the count, giving a cleaner view of application activity. The metric can still include successful and failed transactions, and it measures neither unique users nor value transferred. Identifying transfers, trades and other actions requires program-level analysis, according to documentation from Dune and Token Terminal.

21Shares traced the revenue decline to weaker competition for blockspace. It said priority fees and Jito tips, extra payments routed through Solana's transaction-ordering infrastructure, produced 95% of H1 2025 gross revenue, split 40% and 55%. Memecoin traders paid those charges to move ahead in crowded blocks; that high-value fee stream contracted as the frenzy cooled.

The trading mix changed as well. The firm said memecoins fell from 40% of Solana spot trading volume in H1 2025 to 16% in H1 2026, while stablecoin swaps rose from 6% to 19%. 21Shares said the categories replacing memecoins generated less revenue per trade.

A like-for-like quarterly comparison supports the same trend. A DeFi Development Corp. shareholder letter filed with the SEC put Solana's Q2 network revenue at $51 million, down 43% from the first quarter and 81% year over year, while the median transaction fee was $0.00043.

Shorter-term validator fee data improved by late August. Solana Compass reported that a seven-day average reached about 9,200 SOL per day, more than 80% above three months earlier. That SOL-denominated figure includes priority fees and Jito tips, while the 21Shares measure covers six-month gross revenue in dollars, leaving the two unsuitable for direct comparison.

Validator economics extend beyond those charges. Under Solana's fee rules, half of the base fee goes to the block producer and half is burned, while the full priority fee goes to the validator. Validators can also earn commissions on inflationary staking rewards.

For SOL, the throughput record is operationally positive. Economic capture still depends on what users pay for blockspace, how much SOL is burned or staked, and whether rising stablecoin, DeFi and payment activity produces durable fees. Transaction count alone remains a weak proxy for validator income or token demand.

The post Solana processed 5.2 billion transactions after revenue collapsed 87% – here’s what changed appeared first on CryptoSlate.

Uniswap's new swap record is testing whether the protocol's wider fee footprint can turn rising activity into measurable UNI burns.

Uniswap founder Hayden Adams said Tuesday that the decentralized exchange was handling roughly 82 swaps per second across chains. He was responding to Blockworks Research analyst Marc Arjoon, who said Uniswap had recorded more than 7 million swaps in one day and its two busiest days by swap count.

Seven million swaps over 24 hours works out to at least 81 per second, making Adams' rounded rate consistent with the reported daily total. The metric counts swaps, however, not unique users or the dollar value traded.

The milestone follows a rapid expansion of protocol fees. A July 7 governance discussion said fees were live across all v2 and v3 pools on 11 chains. On July 27, governance separately added Robinhood Chain for v2 and v3.

Governance also executed the first part of the v4 fee proposal that day, activating fee controllers on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism and Robinhood Chain. Five other chains were deferred to a later proposal.

Blockworks reported Aug. 12 that v4 fees had been activated across roughly 229,000 v4 pools, 10 of 12 authorized chains were generating protocol fees and nearly all pools across Uniswap versions contributed some portion of swap fees to the UNI burn.

Broad coverage does not establish that most of the record day's swaps occurred in fee-enabled pools or show how much protocol revenue they generated. Available public Uniswap and Blockworks pages do not join the Sept. 1 swap count with fee status, volume and protocol fees over the same window.

What the Uniswap swap record says about protocol revenue

Blockworks' Aug. 12 data primer measured about $44 million in fees earned by liquidity providers over 30 days and roughly $4 million accruing to the protocol. V2 and v3 produced $3.64 million of the protocol total, while v4 added about $300,000 during its first two weeks.

The $4 million figure is protocol accrual and the $44 million figure is LP fees. Neither is gross trading volume, router flow or swap count. Under Uniswap's fee design, liquidity providers retain most v2 and v3 swap fees while the protocol receives a defined share. V4 applies a governance-controlled protocol fee separately.

In a July 18 update, Uniswap Labs said protocol fees had funded about 7.5 million UNI in burns since December, worth roughly $25.6 million at the valuation it used. It said monthly protocol fees rose from about $3.1 million in February to $5.1 million in June.

For recurring burns, fee assets accumulate in TokenJar. A third party can claim those assets by burning UNI through Firepit. That process is separate from the one-time 100 million UNI treasury burn approved through UNIfication as a retroactive estimate.

Record activity could expand Uniswap's fee base, but the available data does not quantify how much Sept. 1 activity reached it. For now, value capture is measurable through the dollars accrued to the protocol and the UNI burned, not as a percentage of the latest swaps.

The post Uniswap trading volume explodes to record levels over 7 million per day – but actual fees lag far behind appeared first on CryptoSlate.

After Claude models accessed real systems during cyber tests, Anthropic tightened its safeguards and warned that flawed training can encourage dangerous behavior.

Afterquery's valuation jumped more than tenfold in five months, making it Y Combinator's fastest unicorn ever.

Agents seized digital assets, domains, and servers allegedly used by Hamas’ military wing to collect donations and recruit supporters.

The Japanese company booked a ¥117.8 million profit after selling its ETH, SOL, XRP and DOGE, leaving roughly 1,506 BTC as its only cryptocurrency holding.

Emil Michael's latest financial filings show a summer exit from Perplexity, months after a January sale of xAI stock that reportedly netted him up to $24 million.

The Bank for International Settlements just tested the XRP Ledger as a way to verify official economic statistics.

Tether’s USDT ecosystem is expanding to Stellar, giving users access to more than $180 billion in stablecoin liquidity through USDT0.

Trading activity on the XRP Ledger surged in the second quarter, with average daily order-book volume rising 79% from a year earlier even as the number of accounts executing trades fell.

Bitcoin is breaking out of its bear market as giant buyers completely absorb the retail panic.

Kalshi traders are betting on Bitcoin reaching a high of $82,000 this month, amid growing expectations for another price recovery across major assets.

TLDR:

• Bitcoin rebounded nearly 40% from its late-June low, reigniting the bull versus bear market debate.
• didier cites Bitcoin’s reclaimed 200-day moving average as an early signal of a new bull market.
• Griffin says the bear market persists until dollar liquidity and Treasury yield signals turn clearer.
• Strategy’s STRC is perpetual preferred stock, not traditional debt, easing fears of a forced default.

Bitcoin has climbed roughly 40% from its late-June low. The rally is fueling fresh debate over whether the bear market has ended.

Episode 117 of the WuBlockchain Podcast, published September 2, 2026, featured investor didier and portfolio manager Griffin Ardern.

The two disagreed sharply on where the cycle stands. didier called the move the start of a new bull market. Griffin said the bear market is not yet finished.

Has Bitcoin’s Rally Already Signaled A New Bull Market?

Bitcoin fell briefly below $58,000 in late June before climbing past $81,000. didier called that a gain that marks the opening phase of a bull market. “My view is very clear: this is a bull market, either in its opening phase or very early stages,” he said. He pointed to Bitcoin reclaiming its 200-day moving average as the clearest signal.

Griffin pushed back on that framing. “I think we are still in the middle-to-late stages of a bear market,” he said, “with some distance left before a true bull market begins.” He added that the rally reflected a short squeeze after weeks of thin trading and compressed options volatility.

Both guests agreed the market had been broadly underweight or short before the rally began. Fiscal credibility concerns also pulled capital toward Bitcoin. Griffin flagged rising T-bill issuance as a risk to sovereign credit.

didier said funding costs above 5% are hard for the current debt load to sustain. As yields approach 4.7% to 5%, he expects investors to build positions early. Griffin maintained that a true bull market needs clearer liquidity and Treasury signals before the bear phase ends.

Strategy’s Balance Sheet Adds Another Variable To The Debate

Discussion turned to Strategy, the corporate Bitcoin holder led by Michael Saylor, as a factor in whether momentum can hold. didier explained that STRC, one of Strategy’s preferred-stock products, is perpetual preferred stock rather than traditional debt.

“I made the same mistake at first. I thought STRC was similar to perpetual debt,” he said, noting the terms tell a different story.

Strategy carries around $6.7 billion in convertible bonds, some entering repayment windows this year. didier said cash reserves are growing through stock ATM sales and preferred issuance, aimed at that pressure.

didier outlined three priorities guiding Strategy’s decisions. The first is supporting Bitcoin’s price, since higher prices raise the odds bonds convert into equity. The second is a premium on Strategy’s common stock. The third is pushing STRC back toward $100.

Griffin said Bitcoin increasingly trades as a standalone macro asset. That means trouble at Strategy would not necessarily reverse the rally or confirm the bear market has returned. He described Strategy as functioning more like an asset manager now.

Does Capital Rotation From AI Support The Bull Case?

Both guests weighed whether capital rotating out of a crowded AI trade could extend Bitcoin’s rebound. didier said many AI-focused investors are growing anxious about positioning and are weighing crypto reallocation. Few currently hold meaningful crypto exposure.

didier said short-term capital cannot tolerate months of underperformance the way long-term capital can. If AI corrects while gold and crypto rise, funds may rotate toward less resistance. Crypto positioning is now clean after heavy liquidations.

Looking further out, didier said he does not expect AI to permanently draw capital from blockchain. He argued autonomous machines will eventually need machine-native financial infrastructure. He sees blockchain filling that role, supporting his bull case.

Griffin split his analysis between technology and finance. “AI has clearly pulled talent away from crypto,” he said, “but on the finance side, crypto has continued to make progress.” He pointed to steady gains across payments, trading, compliance, and risk management since 2020.

The post Bitcoin Bear Market Debate: Is the 40% Rebound a New Bull Cycle? appeared first on Blockonomi.

TLDR

• Snowflake stock jumps 21% as product revenue growth accelerates sharply to 37%
• Snowflake raises fiscal 2027 product revenue guidance sharply to $6.07 billion
• AI demand helps Snowflake add 692 new customers and expand platform usage rapidly
• Snowflake beats Q2 estimates as total revenue climbs 35% to $1.55 billion sharply
• Stronger margins and faster AI growth drive Snowflake shares higher after earnings

Snowflake (SNOW) shares rebounded sharply after the company reported faster product revenue growth and stronger fiscal 2027 guidance. SNOW rose 21.63% to $372.00 after hours, reversing a 4.37% decline during regular trading. The move followed stronger revenue, earnings, customer growth, and improved operating forecasts.

Snowflake Inc., SNOW

Snowflake Product Revenue Growth Reaches 37%

Snowflake reported second-quarter revenue of $1.55 billion, up 35% from the same period last year. Product revenue reached $1.49 billion, increasing 37% and marking another quarter of accelerating growth. Adjusted earnings reached 62 cents per share, topping the expected 45 cents.

The company also reported a smaller quarterly net loss compared with the same period last year. Snowflake posted a $191.7 million net loss, versus a $297.9 million loss one year earlier. Meanwhile, management continued expanding margins while maintaining stronger revenue growth across the business.

Remaining performance obligations reached $9.00 billion, representing 30% annual growth and supporting future contracted demand. Net revenue retention stood at 126%, showing continued spending growth among existing customers. Snowflake also counted 828 customers generating more than $1 million in trailing product revenue.

AI Growth Supports Customer Expansion

Snowflake continued expanding its artificial intelligence business as more customers added new workloads to its platform. The company reported stronger usage from coding, data processing, and automation tools during the quarter. This growth helped lift platform consumption while supporting new customer additions.

Snowflake added 692 net new customers during the quarter, representing 32% growth from the prior year. The company also reached 829 Forbes Global 2000 customers after adding 14 during the period. Large customer growth remained strong as enterprises increased spending on data and artificial intelligence projects.

Management launched more than 330 generally available product capabilities during the first half of fiscal 2027. That total increased 35% from the same period last year and expanded Snowflake’s broader product offering. The faster release cycle supported adoption across existing accounts and helped create additional workloads.

Snowflake Raises Full-Year Product Revenue Guidance

Snowflake expects third-quarter product revenue between $1.588 billion and $1.593 billion. That range represents annual growth between 37% and 38%, extending the recent acceleration. The forecast also exceeded the $1.50 billion analyst consensus cited before the earnings release.

For fiscal 2027, Snowflake raised expected product revenue to $6.07 billion from $5.84 billion. The new outlook implies 36% annual growth, compared with the previous forecast for 31% growth. Management also lifted its adjusted operating margin forecast to 14.5% from 13.5%.

Snowflake expects a 74% adjusted product gross margin and a 23% adjusted free cash flow margin. These targets show management aims to balance faster growth with stronger operating discipline. The improved outlook helped drive SNOW stock higher after the earnings announcement.

The post Snowflake (SNOW) Stock: Rebounds as Product Revenue Growth Accelerates to 37% and AI Growth Strengthens appeared first on Blockonomi.

TLDR

• Wise sets its Q2 FY27 trading update for October 15 after the US market close.
• WSE stock rises 1.31% as Wise outlines its next major financial reporting dates.
• Wise will report H1 FY27 results on November 12 after the US market closes.
• CFO Emmanuel Thomassin will speak at Goldman Sachs on September 8 in California.
• Wise processed over $240 billion in cross-border transactions during fiscal 2026.

Wise Group plc (WSE) shares traded at $13.11, up 1.31%, as the company set several key reporting dates. Wise will release its Q2 FY27 trading update on October 15 after the US market closes . The update will return attention to transaction growth, customer activity, and operating progress across its expanding global payments network.

Wise Group plc Class A Ordinary Shares, WSE

Wise Q2 FY27 Trading Update Sets October Focus

Wise will publish its second-quarter trading update on Thursday, October 15, after the US market closes for regular trading. The company will then host a results call at 4:30 p.m. ET on the same day for participants. That schedule gives shareholders a fresh operating snapshot before Wise reports its broader half-year financial performance during November.

The October update will cover a period following strong activity across Wise’s international money transfer and account services business. Wise supported about 19 million people and businesses during fiscal year 2026 across its growing international financial technology platform. The company also processed more than $240 billion in cross-border transactions during that fiscal year across its expanding network.

Those figures provide useful context for the upcoming trading update because Wise continues expanding its payments and account network globally. The company serves consumers, small businesses, large companies, and banks through several products and infrastructure services across multiple markets. The he October release will show how transaction activity developed as Wise entered its new fiscal year and reporting cycle.

Wise CFO Heads to Goldman Sachs Conference

Before the October release, Chief Financial Officer Emmanuel Thomassin will attend a major technology and communications conference next week. Thomassin will present at the Goldman Sachs Communacopia and Technology Conference on Tuesday, September 8, during the scheduled program. The presentation starts at 1:00 p.m. PT and 4:00 p.m. ET, giving Wise another public appearance.

The conference appearance gives Wise another scheduled corporate event before the company issues its second-quarter trading update in October. Wise has not announced separate financial results for the event, and the presentation remains part of its corporate calendar. The event therefore adds another corporate milestone between the current reporting period and the company’s October trading announcement.

Wise will stream the conference presentation through its Owner Relations website alongside its other scheduled corporate events and financial materials. The company will also provide related materials on the same platform when those documents become available for public viewing. Wise plans to keep event replays and supporting presentation materials available through the website for at least 30 days afterward.

H1 FY27 Results Extend Wise Reporting Calendar

Wise will release its first-half fiscal 2027 results on Thursday, November 12, after the US market closes for regular trading. Management will host another conference call at 4:30 p.m. ET following the results announcement on the same day. That report will provide more complete financial detail than the earlier October trading update covering the second quarter period.

The half-year results will follow Wise’s fiscal 2026 performance, which showed continued scale across its international payments and accounts business. During that year, Wise helped customers save more than $3 billion through its cross-border money services and pricing structure. The company also continued supporting accounts that allow customers to hold and manage 40 different currencies within one platform.

Wise has developed into a large technology platform for international money movement and financial account services. Wise offers Wise Account and Wise Business, while companies and financial institutions use its infrastructure services across multiple countries. These services connect users across countries while supporting transfers, spending, currency holding, and other international payment needs through Wise.

The post Wise Group plc (WSE) Stock: October Trading Update Puts Growth Back in Focus appeared first on Blockonomi.

TLDR

• LivePerson shareholders approve the SoundHound AI deal ahead of its closing.
• LPSN stock trades at $3.12 as the deal advances toward its planned closing.
• LivePerson and SoundHound AI expect the transaction to close on September 4.
• LivePerson will report certified shareholder voting results through Form 8-K.
• The approved deal would place LivePerson within SoundHound AI’s larger business.

LivePerson stock traded at $3.12 after shareholders approved the proposed transaction with SoundHound AI at a special meeting. The shares gained $0.14 as the vote moved the planned combination toward its expected September 4 closing. The approval clears a major corporate step, while customary closing conditions still remain before completion.

LivePerson, Inc., LPSN

Shareholder Vote Advances SoundHound AI Transaction

LivePerson shareholders approved the proposed SoundHound AI transaction during the company’s special meeting held on September 2. The vote gives LivePerson authority to continue the transaction under terms the company previously presented to shareholders. The company can now focus on completing the remaining steps required before the planned closing.

LivePerson expects the transaction to close on September 4 if both companies satisfy or waive customary closing conditions. The company will also disclose certified voting results through a Form 8-K filing with the Securities and Exchange Commission. That filing will provide the formal record of shareholder participation and final voting totals from the special meeting.

The approval brings the transaction closer to completion after both companies advanced the proposed combination through the required shareholder process. SoundHound AI and LivePerson operate in conversational technology, although they serve customers through different products and business structures. As a result, the planned deal brings together two established platforms serving enterprise communication and automated customer engagement markets.

LivePerson Deal Adds Scale to Conversational Technology Business

LivePerson provides conversational technology tools that help large companies communicate with customers across digital channels and service operations. Its Conversational Cloud and Syntrix platforms support customer engagement, data analysis, workforce training, and automated service evaluation. The company says its systems handle nearly one billion messages each month across its customer network.

SoundHound AI has expanded beyond voice technology and now targets several commercial markets through conversational and enterprise software products. The combination would broaden operating scale while bringing both customer bases and technology portfolios under one corporate structure. The transaction could increase the combined company’s reach across customer service, voice interfaces, and enterprise communication applications.

LivePerson has positioned the transaction as a way to strengthen its standing while operating within a larger technology business. The company also expects the combination to improve its ability to serve customers and partners across larger deployments. The immediate corporate focus remains on completing the agreed transaction and satisfying the remaining closing requirements.

Closing Process Moves Toward September 4 Target

The September 4 target gives both companies a short window to complete remaining administrative and legal requirements. Customary conditions can include regulatory steps, corporate documentation, and other obligations contained within the definitive transaction agreement. LivePerson has not announced any new condition that would change the expected closing timetable stated after the shareholder vote.

The upcoming Form 8-K will provide another formal update by reporting the certified results from the September 2 meeting. That filing should confirm how shareholders voted on the proposed transaction and other matters presented during the meeting. It will also create a public regulatory record of the approval before the companies complete the planned combination.

The shareholder decision marks an important milestone for LivePerson after years of operating as an independent conversational technology provider. The company built its business around digital customer engagement and tools designed for large corporate users. LivePerson also developed enterprise messaging operations that support large communication volumes across multiple customer service channels.

The post LivePerson (LPSN) Stock: Investors Back SoundHound AI Acquisition Deal appeared first on Blockonomi.

TLDR

• Uber plans to cut 10% of its workforce as it reshapes operations and staffing
• UBER stock gains 1.75% to $76.56 while the company announces major job cuts
• Uber targets middle management as it works to simplify teams and reduce layers
• Uber plans to limit remote work to about 1% of employees under its new policy
• The restructuring aims to reduce costs and direct resources toward future growth

Uber (UBER)  shares trade at $76.56, up 1.75%, as the company prepares to cut 10% of its workforce. The stock has rebounded from $75.50, while $77.00 remains the nearby resistance level. Meanwhile, Uber plans the workforce reduction as part of a broader effort to simplify its structure.

Uber Technologies, Inc., UBER

The company employed about 36,600 people globally as of June 30, according to its public filing. Therefore, a 10% reduction would affect roughly 3,660 positions if applied across the workforce. However, the company has not said that every job category will face equal reductions.

Uber has not linked the workforce cuts to artificial intelligence, despite growing debate about technology and employment. Instead, the company plans changes across management, team structures, locations, and workplace arrangements. Consequently, the restructuring targets how Uber organizes its employees and allocates resources.

Uber Targets Management Layers

Uber plans to reduce middle management and remove small teams with limited reporting structures. Some managers oversee only one or two employees, creating additional management layers within the organization. The company is therefore targeting structures that add coordination without supporting larger teams.

Uber has also reduced the number of employees positioned at least seven layers below its chief executive. That group has declined by 20% as the company moves toward a flatter organizational structure. Additionally, the changes aim to give teams clearer responsibilities and reduce internal coordination.

The restructuring also changes Uber’s workplace policy for most employees. Under the new arrangement, only about 1% of employees will work remotely, according to the company. As a result, most employees will return to company offices as Uber changes how teams operate.

Uber Seeks Leaner Operations and More Investment

Uber says the restructuring will simplify operations and speed up internal decisions. The company also expects the changes to create savings that it can direct toward growth and new products. Moreover, Uber plans to focus employees and spending on areas it considers important for future expansion.

The company said the workforce reduction does not reflect weaker business performance. Uber continues to add products while operating at a larger scale than in previous years. Uber significantly expanded its workforce in recent years.

The latest changes address organizational structures that Uber says no longer fit its current size. The company will remove layers, adjust its global location strategy, and simplify team structures. Meanwhile, UBER shares remain above $76.00, leaving $77.00 as the next key price level on the chart.

The post Uber (UBER) Stock: Cuts 10% of Workforce as It Reshapes Operations appeared first on Blockonomi.

TapTools has abandoned a community NFT sale intended to help bring its Cardano analytics platform back online after users reacted angrily to its return, with every participant refunded in full.

The backlash quickly reached Charles Hoskinson, who responded by sharing a South Park parody of BP’s repeated “we’re sorry” apology.

TapTools Pulls Sale After Community Backlash

TapTools shut down in June after four years of operating in the Cardano ecosystem. In its announcement then, the team said two co-founders, including its CTO and COO, had left earlier in the year, while its replacement CTO later decided to leave as well.

The company also cited infrastructure, development, and support costs as reasons it could not responsibly continue without a sustainable path forward. But that changed on September 2, when TapTools posted “We’re back” and said thousands of users had reached out after the shutdown asking how they could help. The team described the return as “Phase One” and said it wanted to try to bring the platform back.

The reaction was immediate and largely hostile. One X user, Sssebi, wrote that they were initially happy to see TapTools return but became disappointed after visiting the website and finding a limited NFT sale of 777 pieces at 777 ADA each, “the price of 2 copies of GTA6,” as a community member put it. Another, Matt Scheff, described the new NFT mint as “dumb and extractive” and urged users not to buy it, while Gero Wallet called the move “either a scam or a scam.”

TapTools later acknowledged the problem. “We got this one wrong,” the team wrote, saying it had believed the sale could give the community a way to support an attempt at bringing the platform back. Instead, it said it had “misread the moment, the sentiment, and how it would be received.”

Some time after the apology, Hoskinson responded by quote-tweeting it with nothing but a link to a South Park clip parodying former BP CEO Tony Hayward repeatedly saying “we’re sorry” after the Gulf oil spill, a well-worn reference for hollow corporate apologies. He did not add a written comment, leaving the clip itself to carry the message.

Cardano’s Wider Frustration Adds Pressure

TapTools’ original shutdown landed when Cardano was going through a rough stretch, with EMURGO stepping down from the network’s governance group to focus on helping users affected by the SecondFi exploit, a planned Singapore summit getting called off, and Hoskinson himself warning of a possible “wave of failures” among the ecosystem’s DeFi projects.

Even so, large ADA holders were adding to their positions while smaller wallets kept selling, a split some read at the time as one of the healthier setups the token had shown all year.

For TapTools, the immediate issue is no longer the sale, with the team withdrawing it and refunding participants. The harder part is rebuilding trust with users.

The post Cardano Firm TapTools Scraps Revival NFT Sale After Community Backlash appeared first on CryptoPotato.

The Smarter Web Company has bought an additional 35 BTC as part of its “The 10 Year Plan,” which includes an ongoing policy of acquiring Bitcoins for its treasury.

The company spent around £2 million (which is worth approximately $2.7 million) on the latest purchase.

With this, The Smarter Web Company’s total BTC stash has increased to 2,747 units. Its net average purchase price is £82,562 per Bitcoin. The UK-based platform, which specializes in web design, development, and online marketing services, has made gross BTC purchases worth £235.5 million and gross sales worth £8.7 million.

The firm also disclosed that its total drawings under its Coinbase Strategic Credit Facility have reached £20.5 million, equal to an approximate leverage ratio of 14.8%. The facility remains secured against the company’s existing Bitcoin holdings, has a variable interest rate of 6%, and can be repaid without additional charges at the company’s discretion.

It began accumulating Bitcoin on April 28, 2025, with an initial purchase of 2.3 BTC worth $215,695 at the time. During this period, a growing number of companies turned to the crypto asset as part of their treasury strategies.

The development comes amidst Bitcoin’s recovery from its recent downturn. The asset briefly climbed above $80,000 in late August before pulling back a little below $77,000 at the time of writing. The price movement comes into focus as major treasury holders reassess their positions. For instance, Strategy recently bought 4,603 BTC for $370 million after selling 6,916 earlier in the summer.

The post 35 More Bitcoin: Smarter Web Expands Its Growing BTC Treasury appeared first on CryptoPotato.

August has been the best month for the second-largest cryptocurrency so far this year, and now bulls have set their attention on September, expecting additional gains in the next four weeks.

Check out what suggests that a further green wave could indeed be in the cards.

The Positive Factors

As of this writing, ETH trades at around $2,380 (per CoinGecko), representing a 28% monthly pump. Its strong performance comes on the back of a broader market resurgence witnessed during the second half of August. Recall that BTC briefly jumped past $81,000; one can explore the exact catalysts in our detailed article here.

For its part, ETH temporarily climbed above $2,550, while growing institutional demand suggests the local peak may be surpassed this month. SoSoValue’s data shows that spot ETH ETFs have closed 12 consecutive green days, attracting over $1.5 billion in capital within that period. The last time the funds recorded such a sustained run was in July 2025.

Next on the list is the amount of ETH stored on cryptocurrency exchanges. Just a few days ago, the figure dropped to around 14.9 million coins, the lowest since the summer of 2016. Currently, it stands at around 14.99 million, which is quite close to the depicted bottom. Such a development signals that investors have abandoned centralized platforms in favor of self-custody, thereby reducing immediate selling pressure.

Last but not least, we will outline the whale activity. X user CW claimed that large investors have continued accumulating in the current price range, while Arkham recently revealed that some mysterious market participants have bought more than $100 million in ETH.

Speaking of whales, one should observe BitMine’s actions. The company scooped up an additional 53,501 ETH over the past week, increasing its total stash to 5,901,112 coins, or very close to its goal of owning 5% of the entire Ethereum supply. What’s more interesting is that this was the 65th consecutive week in which BitMine acquired ETH.

Something for the Bears

Contrary to the aforementioned bullish signals, the seasonal character of Ethereum hints that bears may regain control in the following weeks.

September is traditionally a weak period for the cryptocurrency, with its price ending in the red 7 out of 11 times. What makes the current setup even more concerning is that August finished positive, and throughout the asset’s entire historical record, there hasn’t been a year in which both August and September closed with gains. We have yet to see whether 2026 will finally break the negative trend.

Separately, if you want to know about the market state, the recent Iran-US tension, and other hot crypto news, please check our video below.

The post 3 Reasons Why September Could Be Bullish for Ethereum (ETH) appeared first on CryptoPotato.

Analyst Ali Martinez says the $15 Dogecoin target he has been tracking since the token’s early days is dead, now that DOGE has broken below the long-term rising channel the whole thesis was built on.

The call undoes months of bullish setups other analysts pointed to through August, from whale accumulation to a technical buy signal that had suggested a rally back toward that same structure.

The Channel That Defined the $15 Case Just Broke

The channel in question is a rising parallel one that Martinez says has defined Dogecoin’s price action since inception. Every time the price touched its lower boundary, it marked what he calls a generational buying opportunity, pointing to gains of 9,221% in 2017 and 30,694% in 2020.

When DOGE returned to that support in February 2026, the setup pointed to the possibility of another historic run, with $15 as the projected target. Now that DOGE has broken below the boundary, Martinez says the move has removed “the technical foundation behind the $15 thesis.”

The OG meme coin was trading around $0.0806 at the time of writing, down about 6.6% for the week and 3% on the day, sitting just below the $0.0813 level several analysts had flagged earlier this month as the line to hold.

Against Bitcoin, the token is almost flat, down about half a percent, so this isn’t a case of DOGE lagging some broader market pullback so much as losing a level tied to its own chart. It also remains 89% below its all-time high of $0.7316, set in May 2021.

How the Bullish Case Built Up Through August

The bullish case has been building for weeks. On August 15, Martinez pointed to a monthly TD Sequential buy signal alongside an inverted hammer and a developing doji candle, a combination he compared to a setup from August 2022 that preceded a 145% monthly rally.

He also flagged whale wallets adding more than 430 million DOGE that week. As CryptoPotato reported, the meme coin had slumped below $0.07 days earlier, its lowest level in almost three years, with active addresses climbing from 38,000 in July to 44,000, and other analysts, including Crypto Patel, marking the $0.07 to $0.10 range as a long-term accumulation zone.

By late August, DOGE had rallied 30% in a week to near $0.09, clearing that $0.0813 level the market was watching. More aggressive traders went further still, with MikybullCrypto calling for $3 and Vuori Trading predicting $10, a target that would require Dogecoin’s market cap to top $1.5 trillion.

That rally has since faded, with DOGE back under the same resistance it broke through weeks earlier.

The post Analyst Says $15 Dogecoin Target Is Dead After Long-Term Channel Break appeared first on CryptoPotato.

The cryptocurrency market took another step back today (September 2) as the USA and Iran exchanged more strikes in the Middle East.

Despite that, certain digital assets like Filecoin (FIL) remain in green territory and even posted double-digit increases on a daily scale. Here’s what may come next for the token.

How Much More?

FIL outperformed all top 100 cryptocurrencies today after jumping by 15% and briefly surpassing $0.80. As of this writing, it trades at around $0.77 (per CoinGecko), representing a 25% increase over the past two weeks.

It remains unclear exactly what triggered the resurgence, but according to numerous market observers, the upward move may not be over yet. X user Crypto GVR recently claimed that FIL is moving toward a zone that could be important for “the next major trend shift.”

The analyst said they are paying close attention to the $0.50-$0.70 zone as “the potential reversal area,” arguing that a strong recovery and strengthening momentum could open the door to a further push toward $2 in the long term.

The Boss also chipped in. The analyst opined that FIL is nearing a major technical decision as its descending wedge has compressed further and price is now much closer to the apex.

“The lower boundary has continued to act as support, while the upper trendline keeps pressure on the recovery. What has changed is the degree of compression. Price is spending more time near the lower part of the structure instead of expanding lower, making the wedge increasingly important,” they added.

The X user claimed that a breakout from the upper boundary would be the “first meaningful structural confirmation,” but until then “the descending wedge remains intact.”

JAVON MARKS was much more bullish. The analyst believes that if FIL continues to hold the key breakout, “sights remain on a major reversal & run,” especially given the improved condition of the crypto market lately. The X user envisioned a 1,200% jump to $2.94, followed by an explosion to $7.50 and $11.40.

“We could be right at the start of this process, right now,” they concluded.

Pullback Ahead?

It is important to note that some market participants used the recent price uptrend to lock in profits. Crypto trader Mehmet GIZIK revealed that he closed his FIL position, resulting in a $10,200 gain.

His decision isn’t illogical, given the asset’s Relative Strength Index (RSI), which briefly rose above 80 and now stands beyond 70. Such readings mean the asset has entered overbought territory and could be due for a correction. On the other hand, anything below 30 is typically viewed as a buying opportunity.

Separately, if you want to know about the market state, the recent Iran-US tension, and other hot crypto news, please check our video below.

The post Filecoin (FIL) Jumps 15% Daily: Here Are the Next Bullish Targets appeared first on CryptoPotato.