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Binance’s tokenized stock product bStocks has surpassed $30 billion in cumulative trading volume about three months after its June 11 launch, BlockBeats reported. As trading in the tokenized stock market has grown rapidly, Binance has been expanding its lineup of traditional finance-related products, including stocks and stock options, BlockBeats said.

XRP is nearing a golden cross on its daily chart, with the short-term moving average poised to rise above the long-term moving average, a move that may point to a bullish trend reversal rather than continued sideways trading, according to a U.Today analysis. U.Today said the 50-day moving average was moving toward a breakout above the 200-day moving average, which is typically viewed as a standard golden cross and a medium- to long-term bullish signal. The outlet said XRP was trading around $1.4 and remained above the 200-day moving average, adding that a period of consolidation often appears before a further advance. After that, the 200-day moving average could act as support and help lift the price further, U.Today said. If XRP holds above the 200-day moving average and the golden cross occurs, it could confirm a reversal of the downtrend that dominated most of this year, according to the outlet.

Bithumb announced it will temporarily suspend deposits and withdrawals of MultiversX (EGLD) starting at 10:00 a.m. UTC on Sept. 10 to support a network upgrade.

BitMEX co-founder Arthur Hayes has released the yellow paper for FLOP, a blockchain project for AI agents. FLOP uses a proof-of-inference mechanism designed to let AI agents pay miners in FLOP tokens for AI inference tasks. Under the model, an AI agent submits a request to the mempool containing a model weight hash, maximum latency, compute volume and fees, after which a miner performs the inference task and returns a proof. Validators then include it in a block to complete settlement. FLOP’s initial supply is about 2.48 billion tokens, all of which will be allocated to an airdrop. Initial rewards are set to be distributed as 75% for miners, 10% for validators, 10% for AI agents and 5% for general stakers.

If BTC falls below $78,869, about $348.98 million in long positions could be forcibly liquidated on major centralized exchanges, according to CoinGlass data. If BTC rises above $80,633, about $332.13 million in short positions could be liquidated.

Pulldotfun, the first launchpool partner of Based (BASED), announced a TAKO token airdrop for participants in the Based launchpool. TAKO tokens will also be allocated to BASED holders at a set ratio. Details including the size of the airdrop and how the launchpool will operate are due to be disclosed in the coming days.

UBS Group expects the U.S. Federal Reserve to raise its benchmark interest rate by 25 basis points in September and again in December.

Bitcoin liquidity is showing signs of improvement as the 30-day rate of change in realized cap turned positive after remaining in negative territory for 87 days, according to an analysis by on-chain analyst Axel Adler Jr. Adler said the metric crossed above zero on Aug. 24 and rose from +0.10% to +0.88% as of Sept. 6. Realized cap also increased to $1.068 trillion, up $9.36 billion over the past 30 days. Adler explained that realized cap continued to rise even as BTC recently fluctuated around $80,000, which he viewed as a sign that the prolonged capital contraction is reversing. Adler added that for Bitcoin’s recovery to continue, the 30-day rate of change in realized cap must remain positive and total realized cap must keep expanding. Realized cap is one of the most important indicators for assessing liquidity inflows and outflows, along with investor behavior and sentiment.

Major altcoin market indicators have broken out of declines lasting more than a year, signaling the market may be entering a bullish phase, cryptocurrency analyst Matthew Hyland said in an analysis on X. Hyland said TOTAL2, which tracks altcoin market capitalization, TOTAL3, which excludes BTC and ETH, and an altcoin market-cap gauge excluding the top 10 cryptocurrencies by market value have all moved above downtrends that had lasted for more than a year. If past patterns repeat, Hyland said, the market may be approaching a major altcoin bull run, with upside that could surpass the 2020-2021 cycle.

Ethereum may have room to rise to $2,722 if it holds support around $2,475, crypto trader Ali Martinez said on X. Martinez said around $2,475 is a key support zone where about 2.86 million ETH previously changed hands. If ETH stays above that level, Martinez said the token has relatively strong upside potential toward $2,722. He added that the $2,723-$2,822 range could cap or slow the rally, as more than 10 million ETH was traded in that zone and selling pressure may emerge.

The number of tokenized stock holders doubled in August, with 95% concentrated on the Robinhood Chain, BNB Chain and Solana, Cointelegraph reported, citing CryptoRank data.

Some users are facing difficulties recovering coins as DigitalX, the cryptocurrency exchange affiliated with Mirae Asset Group, exits its blockchain business, Seoul Economic Daily reported. Silicon Network, an Ethereum layer-two blockchain developed by Hydrow, a joint venture between DigitalX, formerly Korbit, and blockchain technology firm Ozys, will fully shut down on Dec. 31. Users have until year-end to move all assets stored on Silicon Network to external wallets after the service termination notice was posted today. The issue is that withdrawals from the Orbit Chain (ORC) staking deposit service operating on Silicon Network are blocked. Users claim the problem had persisted long before the decision to shut down Silicon Network. In related online communities, complaints have been raised since last year that staked ORC could not be recovered despite dozens of inquiries and no response. Based on the validator-by-validator staking amounts shown on the site, around 94.91 million ORC are currently deposited.

Bitcoin OG and BitForex founder Garrett Jin added a 7,000 ZEC short position worth $8.4 million, AmberCN reported. The move increased the total ZEC short position to 39,760 ZEC, or about $47 million.

SL Partners managing partner Shin Byung-jin, a lawyer and former official at South Korea’s Ministry of Economy and Finance tax bureau, said on a CoinNess YouTube program on 2027 taxation that the likelihood of another delay to virtual asset taxation, which is scheduled to take effect next year, has risen. Shin said that, based on recent developments, he personally sees the chances of a tax delay at 60% to 70%. On that basis, Shin added members of the tax subcommittee, which is likely to conduct the substantive review of the tax law revision, appear to be taking a cautious stance on taxation. Jung Sung-chul, an accountant at SL Partners who also joined the live broadcast, said he had seen the chances of the tax being implemented at more than 90% through the first half of this year, but now believes the odds of a delay have increased from that point. Even so, Jung said he still slightly favors implementation under the original plan, putting the odds at 55 to 45, while adding that there has recently been growing talk that the timing of taxation is premature.

A fairness debate is emerging over the gap in customer promotion rules applied to securities firms and crypto exchanges, Digital Daily reported. While securities firms offer a range of marketing incentives such as cash for customers opening non-face-to-face accounts or fee discounts, crypto exchanges must go through prior ad reviews, internal controls on providing economic benefits, and advance disclosure for perks above a certain size.

Solana-based decentralized exchange Raydium (RAY) said on X that it has expanded LaunchLab, its token launch platform, to let users create trading pairs using any token combination they want. Raydium launched LaunchLab in April last year as a platform that integrates tools needed for early-stage token launches, including token issuance and liquidity formation.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 48.78% long, 51.22% short - Binance: 48.39% long, 51.61% short - OKX: 48.58% long, 51.42% short - Bybit: 48.29% long, 51.71% short

The spot CVD chart is an order-book analysis of the BTC/USDT spot trading pair. The upper panel shows the Volume Heatmap, while the lower panel shows cumulative volume delta, or CVD. - The Volume Heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator shows buy and sell orders by order size. The line for each color rises as buy orders increase in that category. The yellow line reflects orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.

Bitcoin has gone through its biggest deleveraging since 2023, according to a CryptoQuant analysis by contributor Darkfost. In a post on X, Darkfost said leverage fell quickly enough for Binance BTC open interest to drop below its 180-day moving average in a cycle in which futures trading had driven the market. Darkfost said the move reflected a broad wipeout of excessive long and short positions built up during the correction. Binance BTC open interest now stands at $9.6 billion, above its 180-day average of $8.3 billion, and accounts for about 37% of total BTC open interest, Darkfost said. That is higher than the level seen when BTC recovered to $82,000 in May, and traders hit by the correction have already returned to the market, helping support Bitcoin’s bullish rebound, according to the analysis. Darkfost added that another sharp deleveraging could emerge if leverage builds up too much again.

DeFi yield protocol Pendle announced on X that it is adding support for Robinhood Chain. Robinhood Chain users can now use Pendle to lock in future crypto yields, take leveraged positions on yield fluctuations, and provide liquidity to earn fees and rewards.

South Korea’s National Tax Service said residents must still file overseas financial account reports for accounts held with offshore virtual asset service providers for digital asset trading even if the exchange has gone bankrupt, according to Digital Asset. The agency said on Aug. 28 that if a resident holds an account opened with an overseas virtual asset service provider for digital asset trading, the account remains subject to overseas financial account reporting obligations even after the provider goes bankrupt. Separately, the total amount of digital assets reported in overseas financial account filings for 2026 came to 10.5 trillion won, down 5.4% from 2025.

According to CoinNess market monitoring, BTC has fallen below $80,000. BTC is trading at $79,673.44 on the Binance USDT market.

KB Kookmin Bank has agreed to extend its real-name account partnership with South Korean crypto exchange Bithumb by one year and has applied to South Korea’s Financial Intelligence Unit for approval, The Korea Economic Daily reported. If approved, the partnership will continue through the end of September next year.

Ethereum founder Vitalik Buterin pushed back on claims that long-term advances in security technology and artificial intelligence could break Bitcoin’s security system and send the price down more than 50%. Buterin said network-layer attacks could be addressed by upgrading clients and mining pools, while the odds of Bitcoin’s hash function or proof-of-work system breaking down are extremely low. Buterin added he does not agree with the view that AI could weaken Bitcoin’s security enough to drive BTC down more than 50% over the next two years.

Hackers behind the Bitcoin layer-two sidechain Liquid Network said they will return most of 4,000 BTC once a bug in the network is fixed, according to Galaxy Research head Alex Thorn. Thorn said the hackers have been communicating with Blockstream, the developer of the Liquid Network, through OP_RETURN messages and PGP-encrypted text.