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South Korea’s finance minister nominee Lee Hyoung-il said the impact of taxing virtual assets from next year is unlikely to be as large as some expect, Edaily reported. At a parliamentary hearing held late today, Lee made the remarks after People Power Party lawmaker Kim Sang-hoon raised the need for a two-year delay in virtual asset taxation. Lee said additional review was possible, but the implementation timing had already been pushed back to 2027 after National Assembly discussions in 2024. Lee added it would be good for the subcommittee to discuss the matter as well. Lee also said statistics show 85% of investors hold less than 5 million won in assets. Even if investors cannot prove the acquisition price, 50% of gains can be recognized as necessary expenses, making taxable amounts likely to remain around 2.5 million won. Given the basic deduction of 2.5 million won, Lee said most investors would face either no tax burden or only a minimal one.

U.S. spot Bitcoin ETFs saw $463 million in net outflows last week, marking their first weekly net outflow since June, according to crypto market maker and trading firm Wintermute. Wintermute accordingly downgraded its outlook for BTC to neutral from positive. Wintermute said funds that flowed out of the U.S. stock market in August had moved into BTC through spot ETFs, but that buying demand has now faded. With fresh demand to drive further gains remaining weak, BTC is likely to trade in a $76,000-$82,000 range, Wintermute said. The firm cited this week’s U.S. Senate cloture vote on the Clarity Act and the Federal Reserve’s rate decision as key variables. Passage of the Clarity Act could trigger an upside surprise, while much of the negative impact from a failure to pass it appears to have already been priced in, according to the firm. Wintermute added that a 25-basis-point rate hike by the Fed is also likely largely priced in, but hawkish remarks from Fed officials signaling additional hikes could weigh on the market.

Nasdaq-owned financial crime management solutions provider Verafin said today it is building a system with crypto infrastructure company Stablecore to let banks track traditional financial transactions alongside digital asset activity such as stablecoin transfers. The system will combine Stablecore’s cryptocurrency transaction data with bank customer information within Verafin to detect suspicious transactions. It is currently being piloted with some clients, and the two companies plan to expand deployment across their customer bases from the fourth quarter of this year through the first quarter of next year, before later adding a real-time sanctions screening feature.

XRP options trading volume reached $14.55 million over the past 24 hours, up 348% ahead of a U.S. Senate cloture vote on the CLARITY Act to decide whether to move the bill to floor debate, CoinGape reported. XRP options open interest rose 7.93% to $98.59 million. Over the same period, BTC options volume increased 67.54% and ETH options volume rose 13.08%, marking XRP as the biggest gainer. Even so, total options volume remained far higher for BTC at $3.36 billion and ETH at $1.3 billion than for XRP.

Ethereum supply on major centralized exchanges has fallen about 73% to 6.06 million ETH from a 2020 peak of 22.9 million ETH, according to on-chain analytics firm Santiment. Santiment attributed the decline to staking, ETFs, corporate treasury adoption and long-term holding, saying ETH available on exchanges has continued to shrink. The firm added, "시장 수요가 크게 늘지 않더라도 거래소 내 유통량이 감소하면 상대적으로 작은 매수세로도 가격 변동은 커질 수 있다." According to CoinMarketCap, ETH was trading at $2,479.52, down 1.31%.

Ethiopia’s state-owned power utility Ethiopian Electric Power reduced electricity supply to Bitcoin mining companies by 77%, Bloomberg reported. The move follows worsening drought conditions tied to El Nino, which pushed water inflows into hydropower reservoirs down 20%. EEP first cut supply to 75% and then 50% of contracted levels before lowering it to 23%, while prioritizing electricity for manufacturers and households. Bitcoin miners consume about one-third of Ethiopia’s total 9,730 MW of generation capacity and accounted for 35% of EEP’s revenue in the last fiscal year. A total of 39 mining companies currently have power purchase agreements with EEP, including 31 that are in operation.

Ethereum, Solana and XRP could see relatively stronger gains if the CLARITY crypto market structure bill advances in the U.S. Senate, CoinDesk reported, as the chamber is set to hold a cloture vote on whether to proceed to floor debate on Sept. 15. Lacie Zhang, an analyst at Bitget Wallet, said clearer boundaries between the U.S. SEC and the CFTC under the bill could improve institutional access and support a broader range of products for ETH, SOL and XRP. Quant-based crypto trading firm TDXStrategy added BTC could break above the $82,000 resistance level and rise to $88,000-$90,000 if the cloture vote passes, while a failed vote could lead to a pullback to $73,000.

London-based stablecoin payments infrastructure startup Velocity raised an additional $10 million in a funding round backed by Visa, Circle and Ripple, CoinDesk reported. The new capital brings its Series A total to $48 million, and the company was valued at $200 million following the round. Velocity provides infrastructure that lets banks and payments companies use stablecoins for settlement and treasury management while keeping their existing systems in place.

Robert Kiyosaki, author of “Rich Dad Poor Dad,” said the biggest financial market crash in history has begun and urged people to save in gold, silver and Bitcoin. He said he published “Rich Dad Poor Dad” in 2002 to help people avoid becoming victims of what he described as the biggest stock and bond market crash in history and instead profit from it. Kiyosaki added that in 2026, the crash began in Europe and Japan and is spreading worldwide, with drivers including the collapse of the AI bubble, war with Iran, excessive government debt and the retirement of the baby boomer generation. He also said the last Great Depression lasted 25 years from 1929 to 1954, and argued that for those who were prepared, including the Kennedy family, such a period could become the strongest investment opportunity.

Barclays has maintained its buy rating on Bitcoin-accumulating company Strategy (Nasdaq: MSTR) and raised its price target to $160, Crypto Briefing reported. Crypto Briefing said Barclays initiated coverage of Strategy on July 8 with a $130 price target and a buy-equivalent overweight rating, then cut the target to $125 after the company’s second-quarter earnings release, citing BTC weakness, before raising it again. The outlet added that Barclays classifies Strategy not as a proxy for BTC investment but alongside U.S. fintech companies such as Visa and Mastercard.

DWF Labs founder Andrei Grachev said markets need to adapt as the crypto sector’s dominant narratives and leading players keep changing. In a post on X, Grachev said financial markets are becoming increasingly driven by marketing rather than intrinsic value, with that trend even stronger in crypto. Still, Grachev said trading, exchanges and payments remain sustainable businesses capable of generating steady profits. Grachev added AI-related hardware and infrastructure, along with the tokenization of real-world assets, are emerging as new trends, and said investors can follow those trends while shorting the rest.

The cumulative on-chain transaction volume of Circle-issued dollar-pegged stablecoin USDC has surpassed $100 trillion, Cointelegraph reported. According to CoinMarketCap, USDC’s market capitalization stands at about $74.15 billion, ranking second behind USDT.

London Stock Exchange-listed Bitcoin treasury company Stack BTC has proposed acquiring precious metals retailer Direct Bullion for up to 12 million pounds ($16 million) to secure cash flow for additional BTC purchases, CoinDesk reported. Stack BTC Chairman Kwasi Kwarteng said the strategy is to buy BTC directly through capital raising while also acquiring businesses and using the fiat currency they generate to purchase more BTC. Stack BTC currently holds about 68 BTC.

ARB, the token of Ethereum layer-two network Arbitrum, could rise to $10 by 2030 as the tokenized asset market expands, according to a recent Standard Chartered report. That would mark a gain of more than 70 times from its current level of about $0.1346. Standard Chartered said Arbitrum’s business model supports the onchain shift of traditional finance, or TradFi, firms, positioning it to benefit from growth in tokenized assets. The bank added it expects the tokenized real-world asset market to reach $4 trillion by 2030, while the tokenized equities market is projected to grow 250-fold by 2028, giving Arbitrum a distinct competitive edge in that environment.

Altcoin market capitalization has risen 21% over the past month, but altcoins’ share of the total crypto market has fallen 0.9 percentage points over the past 90 days, according to on-chain data analytics firm Glassnode. Funds have flowed into the broader altcoin market alongside Bitcoin’s recovery, but BTC’s market capitalization appears to have grown faster, leaving altcoins with a smaller share of the overall market. Market participants are watching the U.S. Senate’s procedural vote on the CLARITY bill on Sept. 15 and the Federal Reserve’s rate decision on Sept. 16 as key variables that could determine whether capital rotates into altcoins. ETH/BTC, altcoin market share, and spot Bitcoin ETF fund flows are also seen as key indicators for whether the market recovery broadens.

New York-based fintech startup Fin.com has raised a $20 million seed round and is moving to build stablecoin payment infrastructure, Fortune reported. Key investors included Expa and Coinbase Ventures. The funding will be used to build infrastructure that converts stablecoins into local currencies and sends the funds to local bank accounts or digital wallets.

The Donald Trump administration plans to release a web tool on Sept. 15 to let users test whether stablecoin growth is linked to deposit outflows from regional banks, as the White House pushes back on banking industry concerns over stablecoin provisions in the CLARITY Act and seeks support from Senate Republicans, Semafor reported. The tool will allow users to change assumptions and view outcomes under different scenarios. The White House Council of Economic Advisers previously concluded in its own analysis that there was no meaningful relationship between the two trends.

The market for tokenized real-world assets excluding stablecoins reached about $39.15 billion as of Sept. 8, up 1.54% over the past 30 days, institutional DeFi platform Sentora said. Over the same period, the number of wallets holding RWA climbed to 580,000, surging 108.93%. Sentora added "RWA 시장에 신규 지갑 수는 급증했지만, 실제 자금 유입 규모는 이에 미치지 못하고 있다".

Morgan Stanley expects the Federal Open Market Committee to raise U.S. interest rates by 25 basis points each in September and December, revising its earlier forecast for no change. The U.S. investment bank cited inflation data that came in above expectations as the basis for the outlook change.

Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows a volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume by price range. The background color becomes brighter when price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The cumulative volume delta indicator reflects buy and sell orders by order size. As buy orders increase, the line for the corresponding color moves higher. The yellow line is based on $100 to $1,000 orders, while the brown line reflects large orders in the $1 million to $10 million range.

Binance announced it will delist the ENJ/USDC, GENIUS/USDC, CVX/USDC, GUN/USDC and VANA/USDC cross-margin trading pairs, along with the GENIUS/USDC isolated-margin trading pair, at 6:00 a.m. UTC on Sept. 18.

An anonymous whale wallet beginning with 0xccf3 closed a 760 BTC short position worth $58.4 million about an hour ago for a $266,000 profit, then opened a 40x leveraged long position worth 900 BTC, or $69.2 million, according to Lookonchain on X. The long position is currently showing about $173,000 in unrealized profit, with an average entry price of $76,758.

TON wallet Tonkeeper has rebranded as Keeper and is adding multichain support, The Block reported. Keeper supports seven networks: TON, Bitcoin (BTC), Ethereum (ETH), Tron (TRX), BNB Smart Chain (BSC), Arbitrum (ARB), and Base. The wallet currently offers a Battery feature that lets users pay transaction fees without separately holding native gas tokens, and plans to expand that feature across all supported networks. Keeper also plans to add cross-chain swaps, DeFi services, and perpetual futures trading.

Economist Saifedean Ammous, known for the Bitcoin book "Why the Dollar Hates Bitcoin," said the BTC mining industry and its power consumption may already have peaked, a shift Ammous argued could be positive for BTC prices. In a post on X, Ammous said mining profitability is coming under pressure as block rewards shrink after halving events, BTC price growth slows over the long term, and AI data centers compete for power and infrastructure. Ammous added that estimates from the University of Cambridge show annualized BTC mining power demand fell from about 190 TWh in December 2025 to the high-130 TWh range by mid-2026. As a result, investors could shift from buying mining equipment to buying BTC itself, while lower power consumption could also soften environmental criticism, which Ammous said would be positive for BTC.

South Korean exchange Bithumb announced it will temporarily suspend deposits and withdrawals for XLM and AQUA at 9:00 a.m. UTC on Sept. 16 to support the Stellar Lumens (XLM) network upgrade.