The IDF's actions may prolong military engagement, affecting regional stability and delaying potential troop withdrawals from southern Lebanon.

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Ukraine's openness to peace talks may shift conflict dynamics, potentially increasing chances for a ceasefire by 2026 despite ongoing hostilities.

The post Ukraine signals openness to peace talks with Russia amid ongoing conflict appeared first on Crypto Briefing.

Liverpool's acquisition of Barcola signifies a strategic investment to fill Salah's void, potentially reshaping their attacking dynamics and future success.

The post Liverpool signs French forward Bradley Barcola from PSG in deal worth up to £123 million appeared first on Crypto Briefing.

PSG's strategic sale of Barcola highlights the club's financial acumen, potentially influencing future transfer market dynamics.

The post Paris Saint-Germain leaves Bradley Barcola out of squad for Monaco clash appeared first on Crypto Briefing.

The halt in rare earth shipments highlights the deepening economic and strategic rivalry, potentially impacting global tech and defense sectors.

The post China rare earth firms halt some US shipments over geopolitical worries, sources say appeared first on Crypto Briefing.

Bitcoin Magazine

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity 

Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway. 

A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November. 

Bitcoin started rallying in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The asset’s price recently stood at close to $81,639, up nearly 30% over a 30-day period. 

Some have since argued that bitcoin is out of its bear market. The coin touched a record high in October last year, hitting $126,080. 

“Given bitcoin’s recent performance, the bottom could already have occurred in July,” Chris Kuiper, Vice President of Research at Fidelity Digital Assets, wrote. 

“It could also drop again to make another new low in November or later,” he continued, adding that bitcoin cycles have historically not been precisely four years long, so they “aren’t reliable for timing the market.” 

Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. 

But that all changed in August after the Treasury Department’s announcement, which has since brought the so-called debasement trade back in the picture again. 

To get an idea of where bitcoin moves next, Kuiper argued that investors should pay attention to what happens with the crypto Clarity Act. Proponents argue it could provide “greater regulatory certainty and support continued innovation in the U.S. digital asset ecosystem,” he wrote. 

President Donald Trump in August urged lawmakers to get the long-awaited crypto market structure bill over the line, helping spur bitcoin’s run. The president called the draft “very, very powerful” after meeting with crypto industry bigwigs at the White House. 

The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. 

Lawmakers will vote on the bill this month. 

This post Bitcoin Bear Market May Not Yet Be Over, Says Fidelity  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount

Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement. 

That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.” 

Bitcoin started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever. 

“The last time the bitcoin-gold correlation was that high was in 2020, following the rounds of fiscal and monetary stimulus during the Covid crisis,” Bitwise’s European Head of Research, André Dragosch, wrote. 

He added that bitcoin’s correlation with the stock market dropped to a one-year low, “implying some kind of decoupling between hard assets and the stock market.”

Bitcoin has been pushed as “digital gold” for years but has sometimes traded with tech stocks as a “risk-on” asset. 

But the so-called debasement trade — when investors buy an asset as a way to hedge against a currency losing value — was a much-talked about investment strategy last year and appears to be back. 

The reason is down to the government intervening in markets, Dragosch argued. When the Treasury said it would try to rein in long-term borrowing costs, the dollar’s value slid and sent investors flooding back to gold — and bitcoin. 

The Treasury the same week also said the U.S. public debt exceeded $40 trillion for the first time. Excessive debt also undermines confidence in the dollar. 

“Investors are no longer asking whether to hedge currency debasement with gold or bitcoin. They’re simply hedging with both,” the report added. 

“Bitcoin spent its first fifteen years being priced as a risk asset. If this correlation trend with gold holds, the next fifteen may look very different.”

The leading cryptocurrency again rallied this week, and was recently trading for close to $81,438 after jumping nearly 6% over a 24-hour period. 

This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote

U.S. congressman French Hill expressed the importance of bipartisan support to get the long-awaited crypto market structure bill, the Clarity Act, over the line before the midterms. 

The lawmaker told Fox Business Thursday that Democrats and Republicans have come to “narrow their differences in getting the bill drafted. 

Pro-crypto lawmakers were hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead on September 15. 

“Can Democrats work with Republicans and make sure America leads the world in distributed ledger technology and financial services?” Hill said. 

“This one remaining significant issue is the ethics provision, and that is best solved by passing the legislation because everybody — no matter what family they belong to, the Trumps or not — would then be under a regulatory framework fully scrutinized by the United States government in commodity and securities and banking regulators,” he added. 

The Clarity Act was first introduced by Hill, the House Financial Services Chairman, last year. 

Crypto companies have long called for clear regulations for the industry. The Clarity Act drafts a framework to formally divide oversight between regulators, distinguishing which digital assets are securities, commodities or stablecoins. 

The House of Representatives passed the bill last July but it has been stalled this year, mostly because the banking lobby clashed with crypto companies over paying customers stablecoin yield. 

A new draft tackling the issue of ethics started circulating in July. It bans government officials from promoting or making money from crypto — something Democrats have criticized the Trump family for doing. 

A group of Democrats said the bill fell short and wanted amendments. Some were accused of deliberately holding it back by Republicans like Cynthia Lummis. 

Some have praised the bipartisan work that has already gone into the bill, namely Coinbase, America’s biggest crypto exchange. The company’s Chief Policy Officer, Faryar Shirzad, said in July that while some Democratic lawmakers were holding back the long-awaited legislation, younger Democrats wanted to pass it. 

President Donald Trump in August said that in order for the U.S. to remain the “undisputed leader in Bitcoin and crypto,” lawmakers had to pass the “very, very powerful legislation.” 

This post French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Kraken and SoFi Link Crypto Trading To Banking Rails

Payward, the parent company of crypto exchange Kraken, and fintech company SoFi Technologies on Thursday announced a deal to route SoFi customers’ crypto orders through Kraken’s institutional trading platform and list SoFi’s stablecoin on the exchange.

Under the agreement, SoFi will send its digital asset order flow to Kraken Prime, Kraken’s prime brokerage arm, which launched in 2025. 

Rather than filling trades against a single order book, Kraken Prime uses smart order routing to compare prices and depth across multiple venues and execute where the fill is best. SoFi said customers will see no change to the app itself.

Payward is also joining the SoFi Exchange Network, the bank’s real-time settlement system, and will list SoFiUSD — SoFi’s bank-issued stablecoin — on Kraken. 

Kraken Prime’s institutional and business clients will in turn gain access to SoFi’s business banking services and round-the-clock fiat settlement. The companies said qualified custody services would follow later.

SoFi holds a national bank charter and has 15.8 million members. The partnership is the latest in a series of tie-ups between Kraken and established financial firms, following arrangements with Deutsche Börse on foreign exchange and derivatives infrastructure, Nasdaq on a tokenized equities gateway, and Franklin Templeton on tokenizing exchange-traded funds.

The news comes after SoFi, a purely digital lender, last year became the first nationally chartered bank in the United States to launch crypto services for retail customers.

The company’s new SoFi crypto platform allows members to buy, sell and hold bitcoin directly within their bank accounts.

Kraken — like other crypto exchanges — is pushing into the traditional finance world, allowing users to trade stocks, bonds and other assets. The company has sold its app as a “primary account for everything.”

This post Kraken and SoFi Link Crypto Trading To Banking Rails first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam. 

The price of the biggest cryptocurrency hit as high as $81,282 on Thursday morning in New York, a nearly 3% increase over a 24-hour period. 

Over the past 30 days, the bitcoin price has surged over 23% following both positive regulatory news and announcements from the U.S. Treasury Department regarding debt buybacks. 

But other major crypto company stocks rose quicker. Bitcoin treasury Strategy (NASDAQ: MSTR) was trading more than 13% higher on Thursday. The company on Monday resumed bitcoin buys after a 10-week pause to reshuffle its cash balance sheet. 

America’s biggest crypto exchange, Coinbase, also saw its stock shoot up. Nasdaq-listed COIN was trading 11% higher in the same time period. 

Elsewhere, bitcoin mining companies had a boost too. Top public companies in the space — including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark — all were up on Thursday. 

HIVE Digital led the pack with a 13% jump, while MARA Holdings was up more than 10% on the day. 

Clean energy bitcoin miner CleanSpark jumped by 9%; IREN, which is slowly phasing out its mining operations to focus on AI-compute, was up by 4%. 

Bitcoin had a phenomenal run in August — its third best such month in its history — after the U.S. Treasury Department said it would more than double the size of its government debt repurchases.

The announcement, aimed to tame surging yields not seen in nearly 20 years, hurt the dollar but has benefited non-yielding assets like bitcoin and gold. 

Soon after, President Donald Trump urged lawmakers to get the long-awaited crypto Clarity Act over the line — digital asset legislation the industry has long called for. 

Investors rushed back into bitcoin exchange-traded funds as a result, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. 

Bitcoin had spent a lot of the year trading below $80,000 per coin, with June and July mostly below $65,000. The coin hit a new record of $126,080 in October. It is now nearly 40% below that number. 

This post Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Adam Aron says AMC Entertainment has no connection to the tokens and is putting outside securities counsel on the case.

Privacy advocates say the law raises First Amendment questions the courts have yet to address.

The projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.

PONS, the token behind Robinhood Chain's biggest meme coin factory, flipped CASHCAT to become the chain's largest cryptocurrency by market cap—and its chart looks like a hockey stick.

The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.

An active Satoshi-era wallet counters a $293B lawsuit by moving 40 BTC with a 2,571,899% gain, challenging claims of abandoned property.

The market is witnessing rise of new generation of memes and Cash Cat is leading the way.

Ripple CEO Brad Garlinghouse says the United States can still become the global “crypto capital.”.

The crypto market is attempting to extend its recovery, with XRP gaining on BIS-related news, Ethereum approaching a key bullish crossover and Tron reaching $28 billion in TVL.

Bitcoin has decisively reclaimed its closely watched 50-week moving average.

TLDR

• SOL trades at $104.98, up 5.31% in 24 hours, with a $61.44 billion market cap.
• Analyst JAVON MARKS says SOL broke out of a cup-and-handle pattern, opening a path toward $500.
• Derivatives data shows trading volume up 12.10% to $9.38 billion and open interest up 1.76% to $6.57 billion.
• Solana launched payment channels for AI agents, allowing up to one million transactions per second via Pay.sh.
• Analyst Curb points to a long-term case for SOL reaching $1,000 as app revenue hit $143 million in August.

Solana (SOL) is trading at $104.98 at the time of writing. The price is up 5.31% over the last 24 hours. Trading volume sits at $3.77 billion, and the market cap is $61.44 billion.

Crypto analyst JAVON MARKS says SOL has broken above the resistance line of a cup-and-handle chart pattern. In a post on X, Marks shared a chart showing the breakout and said it strengthens the case for further upside.

Marks pointed to the setup as a sign that buyers are back in control after weeks of consolidation. He said traders should now watch whether SOL can turn the old resistance level into new support.

The breakout has led to talk of SOL reaching $500. That would put the token at a new all-time high, though it would require sustained buying and strong volume to get there.

Technical Data and Derivatives Activity

TradingView data shows SOL broke out of a summer consolidation range between $62 and $78. The token pushed to $105.01, a daily gain of 4.58%, and now trades above its 20, 50, 100, and 200 EMAs.

The RSI sits at 68.20, with its signal line at 76.14. The 20 EMA, near $95.67, is seen as a short-term support level.

CoinGlass data shows trading volume rose 12.10% to $9.38 billion. Open interest climbed 1.76% to $6.57 billion, pointing to more speculative activity around SOL.

Bitcoin has also moved higher in recent sessions, which has helped lift sentiment across the wider crypto market.

AI Payments and Long-Term Growth

The Solana Foundation rolled out payment channels built for AI agents. The system is designed to handle high-frequency transactions without settling every single payment on-chain.

The tool is live through Pay.sh, connecting to an Alibaba Cloud API endpoint. Developers say it can process up to one million transactions per second.

Separately, analyst Curb posted on X that SOL could eventually reach $1,000 or higher over the long term. He said investors should focus on Solana’s growing ecosystem rather than short-term price swings.

Curb pointed to rising use of Solana for tokenized assets and payments as part of the case. He said sustained demand and liquidity would be needed for that kind of move.

Solana’s official X account shared data showing apps on the network generated $143 million in revenue during August. That figure, sourced from DeFiLlama, made Solana the top blockchain for app revenue that month.

August revenue more than doubled the total from July. Traders are now watching whether SOL can hold above the breakout zone in the sessions ahead.

The post Solana (SOL) Price: SOL Breaks Cup-and-Handle Pattern, Eyes $500 appeared first on Blockonomi.

TLDR

• Ripple CEO Brad Garlinghouse said the U.S. can still become the global center of the crypto industry.
• Garlinghouse made the comments after attending an Aug. 19 White House meeting with major crypto and financial leaders.
• The meeting included executives from Coinbase, Robinhood, Kraken, Nasdaq, Gemini, Chainlink and other firms.
• SEC Chairman Paul Atkins and CFTC Chairman Michael Selig also joined the White House gathering.
• The Trump administration continues to promote its goal of making the U.S. the “crypto capital of the world.”

Ripple CEO Brad Garlinghouse has renewed support for efforts to make the United States a global center for cryptocurrency. His comments followed a White House gathering that brought officials and industry leaders together to discuss policy direction.

Garlinghouse said the goal remains achievable despite uncertainty around crypto legislation. He wrote on X that making America the “crypto capital of the world” is within reach and called for policymakers to complete the work.

Ripple CEO Backs White House Crypto Push

The Aug. 19 White House meeting included executives from Ripple, Coinbase, Robinhood, Kraken, Nasdaq, ICE, Gemini and Chainlink. SEC Chairman Paul Atkins and CFTC Chairman Michael Selig also attended.

The administration used the meeting to restate support for keeping crypto and financial innovation in the United States. President Donald Trump said the gathering brought together leaders from finance, technology and digital assets before the first meeting of the CFTC’s Innovation Advisory Committee.

CFTC Chairman Supports U.S. Innovation Agenda

CFTC Chairman Michael Selig thanked Trump for hosting the event and said the administration wants financial innovation built in the United States. His remarks supported the White House goal of expanding domestic crypto activity.

Garlinghouse responded to Selig’s message by saying he was proud to attend the meeting. The Ripple CEO has supported clearer U.S. crypto rules and argued that regulatory certainty can help companies build and operate in the country.

CLARITY Act Faces Tight Congressional Schedule

Attention is turning to the CLARITY Act, a crypto market structure bill discussed during the White House meeting. The Senate is expected to hold an initial vote on Sept. 15, placing the legislation on a narrow schedule.

The House will remain in session for only four days after that vote. This gives lawmakers limited time to review and pass any Senate changes before leaving Washington.

Bill Could Move Into Lame Duck Session

Crypto policy analysts have warned that the CLARITY Act may not clear Congress before the midterm elections. If lawmakers fail to complete work in September, the bill could move into the post-election lame duck session.

For Ripple CEO Garlinghouse, the policy debate remains central to the U.S. crypto agenda. The White House continues to present digital asset leadership as a policy goal, while Congress faces pressure to complete market structure legislation before the year ends.

The post Can the U.S. Become Crypto Capital? Ripple CEO Responds appeared first on Blockonomi.

TLDR

• Bitcoin spot ETFs recorded $731 million in net inflows on September 3, showing strong institutional demand.
• BlackRock’s IBIT led the session with $454 million, accounting for most of the daily inflows.
• Ethereum spot ETFs also attracted fresh capital, posting $141 million in net inflows.
• Bitcoin continued holding key price levels while broader altcoin performance remained mixed.
• Traders are closely watching whether sustained ETF inflows can support Bitcoin’s next major price move.

Bitcoin spot ETFs drew $731 million in net inflows on September 3, showing that large investors continue to favor regulated crypto products. BlackRock’s IBIT led the daily total with $454 million, while Ethereum spot ETFs added $141 million in net inflows. The inflows arrived during a broader rebound that brought renewed trading activity to Bitcoin and several large cryptocurrency assets.

The latest fund activity came as Bitcoin held firm around key price levels, while many altcoins failed to match its strength. The pattern kept attention on Bitcoin as institutional demand remained active across major exchange-traded funds.

Bitcoin Spot ETFs Draw Fresh Institutional Demand

The $731 million daily inflow marked another strong session for Bitcoin spot ETFs. BlackRock’s IBIT accounted for more than half of the total, reflecting its large role in the United States Bitcoin ETF market.

Other funds also contributed to the total, though IBIT remained the main source of new capital. The figures showed that investors continued moving money into products that provide Bitcoin exposure through regulated market structures.

Ethereum Funds Also Record Positive Flows

Ethereum spot ETFs recorded $141 million in net inflows on September 3. The result added to recent evidence that institutional investors remain interested in more than one major crypto asset.

Even so, Bitcoin attracted far more capital during the session. The difference kept Bitcoin ahead in ETF demand and reinforced its position as the main institutional crypto asset in current market flows.

Bitcoin Price Holds Key Market Position

Bitcoin continued to hold important price areas while expectations for a wider altcoin rally remained limited. Its relative strength kept traders focused on whether steady ETF demand could support the market over the coming sessions.

The broader crypto market remained mixed, with price action varying across major tokens. Bitcoin’s ability to stay firm while receiving strong ETF inflows gave traders another data point to monitor alongside volume and market liquidity.

Market participants will continue tracking daily Bitcoin spot ETF data for signs of sustained demand. Persistent inflows can affect short-term sentiment, especially when large issuers such as BlackRock attract most of the new capital.

Ethereum flows will also remain important as investors compare demand across the two largest crypto assets. Future sessions will show whether current institutional buying continues, slows, or shifts toward other products as market conditions change.

The post Bitcoin Spot ETFs See Huge Inflows as BlackRock Takes Lead appeared first on Blockonomi.

TLDR

• Bitcoin climbed above $80,000 after a 4.3% Friday gain, extending its late-August recovery.
• Fidelity said the recent rally does not yet confirm that Bitcoin’s bear market has ended.
• Bitcoin’s four-year cycle could point to another possible market low around November 2026.
• Low volatility from June to mid-August may have signaled weakening selling pressure before the rebound.
• Bitcoin gained more than 25% during one week in late August, while Ethereum and Solana also posted strong gains.
• Growing stablecoin and real-world asset activity shows crypto adoption continued despite weaker market prices.

Bitcoin (BTC) price moved above $80,000 on Friday after gaining 4.3%, extending the recovery that started in late August. The rebound followed a difficult third quarter, when crypto assets faced selling pressure. Bitcoin posted its strongest monthly gain since November 2024, raising questions about whether the market has already formed a lasting bottom.

Fidelity, however, said the current recovery does not confirm that the bear market has ended. The firm continues to track Bitcoin’s historical cycle, volatility, regulation, adoption, and market conditions before concluding.

Bitcoin Price Could Still Face November Test

Fidelity pointed to Bitcoin’s historical four-year cycle as one possible guide. Major market tops and bottoms have often appeared about four years apart. Since Bitcoin reached its previous bear-market low in November 2022, the pattern could place another possible low around November 2026.

The firm noted that the cycle may not repeat exactly. Bitcoin may have already reached its bottom in July, but Fidelity said another decline remains possible. The Bitcoin price could therefore face another test later this year if selling pressure returns.

Volatility Signals Possible Seller Exhaustion

Bitcoin traded with relatively low volatility from June through mid-August. Fidelity said this period suggested that sellers may have started to lose momentum. During the same period, Bitcoin and other crypto assets traded near the lower end of their historical price ranges.

Volatility then increased sharply in late August. Bitcoin price gained more than 25% during the third week of the month. Ethereum rose about 34%, while Solana gained 28%. Fidelity said this pattern resembles past market recoveries, although it does not confirm a new bull market.

Adoption and Regulation Remain Key Factors

Crypto adoption continued to grow despite weak market sentiment. Bitwise reported in July that stablecoin transaction volume had reached 2.3 times Visa’s volume. MetaMask also said the real-world asset market expanded faster in 2026 than in any previous year.

Fidelity said this created a gap between adoption and market prices. The recent Bitcoin price recovery may show that activity and prices are moving closer together again, similar to the shift seen after the 2021-2022 bear market.

Regulation also remains important. The CLARITY Act has passed the House but remains under Senate review. The SEC has also proposed Regulation Crypto Assets, which could offer exemptions for some early-stage crypto offerings.

The post Bitcoin Price Tops $80K, But Fidelity Sees One More Risk appeared first on Blockonomi.

TLDR

• An Ethereum whale sold 167,855 ETH worth about $408 million over five days, fully exiting the position.
• Ethereum traded above $2,500, gaining about 4.3% in 24 hours despite the large whale sale.
• Invesco ETF clients have recorded no net ETH selling since March 19, 2026, while accumulating roughly $167 million.
• Abraxas Capital bought 16,554 ETH worth about $39.8 million while maintaining large ETH short positions on Hyperliquid.
• A suspected Notional Finance exploit involved about $1.7 million, with stolen funds reportedly converted into 689.2 ETH.
• Ethereum’s market capitalization remained above $306 billion, while its market dominance moved above 11%.

Ethereum rose with the wider crypto market as traders tracked a major Ethereum whale sale and institutional activity. ETH traded near $2,513, up about 4.3% over 24 hours, while its market value stood above $306 billion. The moves show mixed flows across holders. One whale exited a position, while Invesco clients and Abraxas Capital continued to hold or add exposure.

Ethereum Whale Exits $408 Million Position

Lookonchain reported that an Ethereum whale sold all 167,855 ETH held in its wallet over five days. The tokens carried a value of about $408 million during the selling period.

The activity began after the wallet received a large ETH transfer at the start of September. It then sent hundreds of millions of dollars in ETH to several exchanges before completing the sale.

Despite the selling, ETH price recovered from an earlier drop below $2,400. The token later moved back above $2,500 as broader crypto prices strengthened.

Invesco Clients Extend ETH Holding Streak

Arkham data showed that Invesco ETF clients have not recorded net ETH selling since March 19, 2026. Their holding streak has now lasted almost six months.

During that period, clients accumulated about $167 million in ETH. The assets reportedly remain in custody, showing continued exposure through the period.

The buying trend contrasts with the Ethereum whale exit. It also shows that large market participants are following different strategies as ETH prices move higher.

Notional Finance Reports Suspected Exploit

PeckShieldAlert, citing Specter, reported a suspected attack involving a Notional Finance escrow or custodial contract. The incident reportedly affected about $1.7 million in DAI and USDC.

The attacker allegedly converted the stolen funds into about 689.2 ETH. The attacker then routed the tokens through Tornado Cash, according to the security report.

Details remain limited, and Notional Finance has not confirmed every part of the incident. The case adds another event for traders monitoring Ethereum-related activity.

Abraxas Capital Adds Spot ETH

Lookonchain also reported that Abraxas Capital bought another 16,554 ETH, worth about $39.8 million. The purchases took place over roughly 12 hours.

At the same time, two related Hyperliquid accounts reportedly held 120,178 ETH in short positions worth about $291.4 million. The structure points to a hedged trading setup rather than a simple long position.

Ethereum remains above $2,500 as large holders take different positions across spot and derivatives markets.

The post Ethereum Whale Exits Entire Stack—What Happens Next? appeared first on Blockonomi.

The largest altcoin is on the move again alongside the rest of the market, surging by over 4% daily to $2,150 as of press time. It even tapped $2,530 earlier today before it was stopped.

Its market cap has risen to well over $300 billion, but this has provided some market participants with a proper exit opportunity.

Lookonchain has repeatedly reported on a major whale who has been disposing of their ETH tokens for days. The selling spree began at the start of the month, when the unknown entity received $408 million worth of the altcoin before transferring $174 million to exchanges.

The deposits continued in the following days, with another major transfer of $253 million to multiple trading platforms. The latest was reported earlier today, which culminated in the sale of all 167,855 tokens ($408 million), meaning that the whale has disposed of the entire ETH fortune in just five days.

Insane!

This mysterious #Ethereum whale has sold off all 167,855 $ETH($408M) in the past 5 days.https://t.co/PdCiRP6taI pic.twitter.com/YbajyBEhLf

— Lookonchain (@lookonchain) September 4, 2026

Despite this substantial sell-off in just days, the underlying asset has rebounded swiftly from its dip below $2,400. It’s up by more than 4% daily and now sits above $2,500 with a market cap of $305 billion.

Its market dominance has also increased lately, going past 11% on CoinMarketCap.

The post Ethereum Whale Keeps Offloading as ETH Price Rockets Past $2.5K appeared first on CryptoPotato.

Bitcoin, once again, climbed above $80,000 after surging by 4.3% on Friday. The recent strength comes as a welcome change, as the crypto market spent much of the third quarter under pressure before a sharp rally in late August changed the tone. BTC, for one, recorded its strongest monthly gain since November 2024, which led some investors to believe the bear market may have ended.

But according to Fidelity, there is no guarantee that’s the case yet.

Possible November Bottom?

One factor in focus is Bitcoin’s historical four-year market cycle. The crypto asset has generally formed major bear-market bottoms and bull-market tops about four years apart. Since the previous bear market bottom came in November 2022, this pattern could point to another potential low around November 2026 if the cycle continues.

While Fidelity stressed that the four-year cycle is not guaranteed to repeat and that Bitcoin’s bottom may already have occurred in July, it still speculated that the cryptocurrency could fall again and set another low in November or later.

There are several catalysts that could also influence whether the crypto bear market ends. The financial giant pointed to more crypto-friendly regulation, changes in government monetary policy, the emergence of an unexpectedly popular crypto use case, and increasing institutional adoption. Price volatility is another factor the firm is watching.

Bitcoin’s previous bear markets have historically ended with a period of relatively low volatility followed by higher volatility and an upward expansion in price. Fidelity said the market experienced relatively low volatility from June through mid-August, which indicated that sellers may have become exhausted.

During that period, its analysis showed BTC and other crypto assets were trading toward the lower, or “value,” end of their historical price ranges. In late August, volatility increased sharply, with Bitcoin rising more than 25% during the third week of the month. Ethereum gained around 34% over the same period, while Solana rose 28%. Fidelity said this price behavior does not confirm that the bear market is over, but it is consistent with one possible historical pattern.

Meanwhile, events that might normally have pushed prices lower, including the Coldcard hardware wallet security exploit and the stalling of the CLARITY Act, did not result in further declines. This could support the narrative that cryptocurrencies are near a market bottom and may now be waiting for a new positive catalyst.

Crypto adoption continued to expand despite weak market sentiment. Bitwise Investments reported in early July that stablecoin transaction volume had reached 2.3 times Visa’s volume. MetaMask also reported in July that the real-world asset market had grown faster in 2026 than in any previous year.

Fidelity said this created a disconnect between adoption and prices, as activity in parts of the crypto industry kept increasing while the overall market remained in a bear market. The recent recovery could indicate that adoption and price have started to “recouple” again. An exact pattern occurred during the 2021-2022 bear market and the subsequent new bull market that began in late 2022.

CLARITY in Focus

Regulation remains another key factor for the market. The industry is still awaiting further action on the CLARITY Act, which aims to create a broader US regulatory framework for digital assets and clarify the responsibilities of federal regulators. The bill has passed the House but remains under consideration in the Senate, which leaves its timing and outcome uncertain.

The SEC also proposed Regulation Crypto Assets, which would address when certain early-stage crypto asset offerings could qualify for exemptions from securities registration requirements. The proposal is still subject to public comment and is not final, but Fidelity described it as an important step toward a more “tailored regulatory approach.”

The post Bitcoin Is Back Above $80,000, But Fidelity Says the Bear Market May Not Be Over Yet appeared first on CryptoPotato.

XRP’s spot trading volume climbed to its highest level since February during August, and the token’s price is now up roughly 8% in the last day to trade near $1.45.

The pickup in trading activity landed as the broader crypto market came back to life, with Bitcoin clearing $80,000 for the first time in a week and altcoins moving right along with it.

Volume Returns Across Major Exchanges

Data shared by CryptoQuant contributor Arab Chain showed XRP’s spot trading volume rising across several major exchanges last month, reaching its highest point since February.

Binance accounted for the largest share, logging about $7.28 billion in XRP trades during August, followed by Upbit at around $4.68 billion and Bithumb Korea at close to $2.59 billion.

Bybit processed about $1.40 billion, Gate.io around $1.33 billion, and KuCoin near $1.23 billion, while Bitget and Coinbase each came in just under the billion-dollar mark, at $918.5 million and $915.4 million, respectively.

On its own, a jump in trading volume does not point to higher or lower prices ahead. It simply means more buyers and sellers are active. Still, hitting a six-month high on volume points to a real improvement in liquidity around XRP, and if that pace holds, it could help the token absorb bigger price swings going forward.

Price Follows the Rest of the Market Higher

XRP is changing hands around $1.45 as of this writing, up more than 6% in the last 24 hours, per CoinGecko. The token has traded between $1.35 and $1.48 in the last day and between $1.31 and $1.48 in the last week, and the weekly change of just 1.4% suggests most of the recent gain came in one quick move rather than a steady climb.

Looking further out, XRP is up around 36% on the month, though it still sits about 49% below where it was a year ago and roughly 60% under its all-time high of $3.65, reached in July 2025.

The move ties into a wider rebound that took hold on Thursday, when Bitcoin pushed past $80,000 for the first time in a week, as CryptoPotato reported earlier, after briefly dipping to a 10-day low near $76,200 amid tension in the Middle East.

XRP was among the bigger movers in that stretch, gaining 9% on the day and clearing $1.40, ahead of ETH’s climb toward $2,500 and BNB’s push above $720.

The post XRP Trading Activity Hits Highest Level Since February as Price Jumps 8% appeared first on CryptoPotato.

Remixpoint made ¥117.8 million ($746,800) from selling its altcoin holdings, and the gain is slated for recognition as business-segment revenue in the second quarter of fiscal 2027.

The company said its decision to dispose of all its altcoins and become a Bitcoin-only treasury was based on market conditions, the assets’ risk-return profiles, and its financial strategy.

Dogecoin Sale Ends in Loss

According to the official document shared by Remixpoint, Ethereum generated the largest profit at ¥60.2 million ($381,000), followed by Solana at ¥49.3 million ($312,000) and XRP at ¥11.5 million ($72,900). Dogecoin was the only outlier as the meme coin produced a ¥3.3 million ($21,000) loss.

Remixpoint still holds roughly 1,506 BTC, worth more than $115 million. Its Bitcoin strategy has also produced additional income through lending. The company reportedly earned 14.92 BTC in fees between February 24 and August 31. Those fees were valued at ¥164.2 million ($1 million) using the relevant month-end exchange rates.

The funds generated from this sale are being considered to expand assets in growth areas, including grid-scale battery storage, strengthen its financial foundation, and pursue other measures that contribute to increasing corporate value and shareholder value.

The Japanese energy consulting firm secured around ¥31.5 billion in financing back in July 2025, the proceeds of which were earmarked entirely for BTC purchases. Remixpoint had set an initial target of reaching 3,000 BTC.

During the same period, Remixpoint had also announced that its President and CEO would receive his full executive compensation in Bitcoin. The move made it the first listed company in Japan to adopt BTC-only compensation for its top executive. The company linked the decision to its goal of “shareholder-oriented management.” By paying the CEO in Bitcoin, Remixpoint said management would share economic risks and rewards with shareholders.

Fresh Pressure

Bitcoin has struggled to break above $79,000 over the past few days. The crypto asset briefly fell to around $76,500 earlier this week, its lowest level since August 23. It has since recovered and was trading near $77,700 on Thursday. Ethereum also faced pressure, falling 3.5% over the past week to around $2,400.

Meanwhile, Solana recovered slightly and was trading just above $100. Dogecoin also saw a small rebound. The meme coin gained 1.13% over the past 24 hours, which pushed its price to $0.083.

The post Remixpoint Cuts ETH, XRP Exposure After Market Review, Keeps 1,506 BTC in Treasury appeared first on CryptoPotato.

Multicoin Capital has sold another 10% of its HYPE holdings, according to blockchain analytics platform Arkham Intelligence. Still, HYPE remains its largest holding, currently worth around $90.5 million.

The investment firm had accumulated the tokens between February and March this year and has held the position for more than six months.

Slashing HYPE

Arkham stated that Multicoin held 4 million HYPE at its peak and now owns just over 25% of that amount. Earlier this week, the firm moved a large amount of the token to Coinbase Prime. On-chain data showed three separate transfers totaling 261,555 HYPE, worth about $21.7 million. The batches contained 63,235, 101,144, and 97,176 units. The transfers drew attention because they came as the crypto asset traded near its recent highs.

In June, Multicoin said it projected that HYPE could hit $319. The target came from valuing $8 billion in expected 2028 earnings at 20 times, which results in a $160 billion valuation based on an adjusted supply of about 502 million HYPE tokens. Its base case assumes crypto derivatives volume grows 35% annually, DEXs reach 32% of the derivatives market, Hyperliquid captures a 30% share, and USDC balances rise with volume.

On the other hand, its bear case puts HYPE at $109, while its bull case reaches $689 on $17.3 billion in projected cash flow. In the same report, Multicoin also compared Hyperliquid’s growth path with Binance’s rapid rise in 2017.

HYPE has been one of the best-performing assets this year. It has been on an absolute tear. The asset has gained 50% over the past month alone and recently established an all-time high of $86.71. It has since suffered a minor pullback, but continues to hover above $82.

Hyperliquid was also discussed during Donald Trump’s meeting with major crypto executives at the White House last month. Trump said CFTC Chair Michael Selig is working to bring the perpetuals-focused trading platform into the US. He said the goal is to make Hyperliquid operate in a “fully compliant and legal fashion.” The meeting also covered Bitcoin, the Digital Asset Market Clarity Act, and efforts to expand crypto activity in the US.

Due for a Drop?

While the broader outlook remains bullish, one trader is betting on a drop. Pseudonymous market watcher “swarmik” shared a bearish view on the token. The trader said it could fall 17.2% based on a four-hour chart setup while pointing to signs of weakness in the market structure. Heavy selling liquidity could push the price lower.

However, a potential correction could create an opportunity for a short position, with three downside targets being $76.77, $72.68, and $68.49. The trade would carry a risk level of 1.5R, according to the analysis.

The post Multicoin Sells Another 10% of HYPE Stack as Holdings Fall From 4 Million Tokens appeared first on CryptoPotato.