Live Feed

A Fireblocks custody address deposited 19.4 million USD1 into Binance over the past hour, Onchain Lens reported. The wallet has deposited about $149.8 million worth of USD1 into Binance over the past 13 days. USD1 is a dollar-pegged stablecoin issued by World Liberty Financial (WLFI), which is backed by the Trump family.

European crypto asset manager CoinShares said the latest U.S. August consumer price index data was not favorable for Bitcoin, according to Wu Blockchain. CoinShares said the CPI data raised the likelihood of a U.S. rate hike and increased the risk of the Federal Reserve keeping its hawkish monetary policy in place longer than expected. With no dovish signal in the CPI data to support expectations for Fed easing, Bitcoin’s near-term upside may remain limited, CoinShares said. The firm added Bitcoin may need additional catalysts to extend gains beyond $80,000, including weaker-than-expected economic data, a more dovish Fed policy stance, or new policy developments that could lift market expectations for rate cuts.

India Finance Minister Nirmala Sitharaman urged the Reserve Bank of India, or RBI, to accelerate pilot programs for wholesale and retail digital rupees, citing tokenization and same-day settlement, Crypto Briefing reported. Sitharaman described CBDCs as a core part of India’s evolving financial infrastructure, according to the report.

Bitcoin Suisse plans to cut up to 50% of its Switzerland-based workforce as part of a broader international expansion strategy, Crypto Briefing reported. Up to 60 employees are affected, mainly in office, administrative, and software development roles. Those functions are set to be consolidated into an existing hub in Bratislava and a newly established development center in Vietnam. The company’s IT office in Copenhagen will also close. Bitcoin Suisse said the move is not a response to Bitcoin price volatility or financial difficulties, but part of a long-term shift from a Switzerland-centered business to a broader international financial services platform.

Some banks do not want the Clarity Act to pass, a16z Crypto head of policy and general counsel Miles Jennings said in an interview with Crypto in America. Jennings said the banking sector argues stablecoin rewards would trigger deposit outflows, but he has not seen specific evidence so far to support that claim. Jennings also said administrative action by the U.S. SEC alone would make it difficult to provide founders with long-term regulatory certainty regardless of changes in administration. He added that if the agency continues the "regulation by enforcement" approach seen under former SEC Chairman Gary Gensler, the outflow of crypto entrepreneurs and founders from the U.S. could deepen.

Grayscale Head of Research Zach Pandl said August U.S. consumer price index data could have a temporary negative effect on the crypto market. In a post on X, Pandl said a higher CPI reading would imply a greater likelihood of a Federal Reserve rate hike, which could act as a "speed bump" for crypto, though he expects any pullback to be limited. Pandl added the dip could present a good opportunity for investors who missed the chance to buy during August’s sharp rally. The U.S. Department of Labor said today that August CPI rose 3.4% from a year earlier, in line with market expectations of 3.4%. On a monthly basis, CPI increased 0.4%, also matching forecasts of 0.4%.

U.S. spot Ethereum ETFs recorded total net inflows of $1.75 billion in August, Unfolded reported. The figure marked the largest monthly net inflow since August last year. Ethereum ETF inflows have shown a clear rebound after net outflows in 2025, with BlackRock’s ETHA leading the gains. The media outlet said the trend could be seen as a positive sign that institutional demand for Ethereum is recovering.

Wintermute deposited 61,847 ETH worth about $160 million to Binance and Coinbase over the past three hours, according to Lookonchain monitoring. Such exchange deposits are typically interpreted as being intended for selling.

India’s Maharashtra state is considering tokenizing state-owned assets to raise funds for new infrastructure projects, with power transmission infrastructure emerging as a central focus, CoinDesk reported. Transmission lines generate ongoing fee income as they move electricity across the grid, but the large amount of capital invested in existing facilities is tied up and difficult to redirect to new projects. Against that backdrop, Maharashtra plans to tokenize 40% to 50% of its transmission infrastructure, distribute part of the revenue to investors, and secure funding through token sales for the state government. The funds would be used to build new transmission lines, expand solar power generation, construct energy storage facilities, and increase grid capacity. Asset tokenization for holdings beyond power infrastructure, including real estate, is also under review, according to CoinDesk.

ETH has fallen by 2.16% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,550.73.

ZEC has fallen by 3.03% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $1,157.62.

According to CoinNess market monitoring, BTC has fallen below $78,000. BTC is trading at $77,979.08 on the Binance USDT market.

Questions are spreading across X over whether Robinhood Crypto may have confused INDEX with a different token, Index Cooperative, after listing INDEX. Users pointed to the Robinhood app showing the asset as Index Cooperative, while the actual price chart allegedly does not match CoinGecko’s price trend for Index Cooperative and instead appears to closely track INDEX’s recent all-time high and current price moves. The community has raised concerns that Robinhood may have incorrectly identified or labeled the INDEX token as Index Cooperative. Robinhood has not issued an official statement.

The Smarter Web Company, an LSE-listed firm that has adopted a Bitcoin treasury strategy, plans to issue pound-denominated preferred shares backed by Bitcoin and raise up to £25 million ($33.8 million), according to Crypto Briefing. The company is pursuing an IPO to list a new class of preferred shares on the London Stock Exchange under the ticker MORE. Crypto Briefing said the minimum fundraising target is £10 million ($13.5 million), and if the company secures that amount and receives regulatory approval from the UK Financial Conduct Authority, the plan could set an important precedent in the UK capital market.

Crypto-related U.S. stocks were broadly higher, with Strategy (MSTR) up 5.71%, Coinbase (COIN) rising 5.34%, Circle (CRCL) gaining 5.23%, SharpLink Gaming (SBET) advancing 10.32%, MARA Holdings (MARA) climbing 6.69%, and Bitmine (BMNR) increasing 9.01%.

Bitcoin is not losing momentum but running into resistance, with technical indicators, valuation metrics, and on-chain data all pointing to overlapping resistance levels just above the current price, according to a CryptoQuant analysis. Until BTC breaks through those resistance levels, sideways trading or a correction is more likely than a resumption of the uptrend, the analysis said.

ETH has risen by 2.28% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,660.28.

Major exchanges have seen $236 million worth of futures liquidated in the past hour. In the past 24 hours, $609 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has risen above $79,000. BTC is trading at $79,004.09 on the Binance USDT market.

Major exchanges have seen $103 million worth of futures liquidated in the past hour. In the past 24 hours, $474 million worth of futures have been liquidated.

Julian Sawyer is stepping down as CEO of Zodia Custody and will take on an advisory role, Crypto Briefing reported. The move comes as Standard Chartered reshapes the company’s management structure during its acquisition of the business. In May, Standard Chartered said it would acquire Zodia Custody and fold the business into its financial and securities services division, and the deal has received approval from shareholders and bondholders.

ETH has risen by 2.30% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,579.46.

White House National Economic Council Chair Kevin Hassett said inflation has slowed markedly over the past three months.

The three major U.S. stock indices opened higher today. - S&P 500: +0.80% - Nasdaq: +0.80% - Dow Jones: +1.00%

BitcoinTreasuries said Strive’s SATA traded within $0.05 of its $100 par value in premarket trading. Strive has been accumulating substantial amounts of BTC each week since Aug. 10, and the funds raised through SATA so far this week are enough to buy more than 280 BTC. SATA can issue new shares to raise money for Bitcoin purchases only when its share price is above the $100 par value.