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The UK Treasury is pushing to add support for stablecoin and digital-currency payments innovation as a secondary objective for the Bank of England, while maintaining financial stability as its top priority, CoinDesk reported. The central bank would be required to report annually to the UK parliament on how it is implementing that innovation objective. Stablecoin issuers would be allowed to hold up to 70% of reserves in short-term UK government bonds, with the remainder managed as central bank deposits.

Real Vision crypto market analyst Jamie Coutts said on X that since the era of excess liquidity in 2020-2021, favoring minor coins over major tokens in the crypto market has been a persistent widowmaker trade. According to a chart Coutts shared, an equal-weighted basket of the top 100 coins has continued to underperform a market-cap-weighted basket since 2021-2022, indicating that relatively smaller-cap minor coins have trailed major coins over a prolonged period.

Swan Bitcoin CEO Cory Klippsten said heavy bond issuance by big tech to fund AI infrastructure investment could end up supporting Bitcoin by adding to the U.S. government’s Treasury funding burden. Klippsten said AI is not the main driver of currently high Treasury yields, arguing fiscal deficits, inflation, economic growth and Federal Reserve policy have had a much larger impact. Still, he said the five hyperscalers, or large-scale data center operators, are set to issue about $220 billion in bonds this year, adding pressure to a market that is already absorbing massive Treasury supply. If the government’s funding costs remain elevated as a result, policymakers may have greater incentive to ease monetary policy or tolerate higher inflation, he said. In that environment, Bitcoin could benefit because its supply is fixed and it has no issuing entity. Klippsten added that the link between AI and BTC lies in the bond market, not in AI agents making BTC payments.

Tron founder Justin Sun said at Hong Kong's Bitcoin Asia 2026 on Aug. 27 that Tron plans to upgrade its network by year-end to withstand quantum-computing attacks, BlockBeats reported. Sun said Tron has spent the past year developing quantum-resistant technology and established a quantum-resistant address system in the first half of this year, applying it to the testnet. He added that Bitcoin, by contrast, is a highly decentralized ecosystem involving multiple stakeholders, including miners, exchanges and WBTC, so reaching agreement on a response could take longer.

According to CoinNess market monitoring, BTC has risen above $80,000. BTC is trading at $80,005 on the Binance USDT market.

A whale that opened a $38.07 million BTC short position with 20x leverage cut the trade after about 60 hours, locking in a $288,000 loss, according to on-chain analyst ai_9684xtpa. The whale has posted 16 consecutive losses since switching to short positions on Aug. 19, with cumulative losses over the past month estimated at about $5.25 million.

About $1.26 billion in BTC long positions across major centralized exchanges would be liquidated if Bitcoin falls below $77,293, according to CoinGlass data. If BTC breaks above $80,338, about $317.74 million in short positions would be liquidated.

Bitcoin is moving sideways without a clear uptrend or downtrend, according to a CryptoQuant analysis by contributor GugaOnChain. At a BTC price of $78,419, the Delta-Thermo Market Multiple stood at 2.03, above the 1.5 threshold associated with accumulation but below 2.5, which marks an expansion phase, GugaOnChain said. The short-term holder realized price was $69,371, below the current price, while the short-term holder MVRV, an on-chain metric showing the market’s aggregate unrealized profit or loss, was 1.13, indicating no signs of overheating. Funding rates were also neutral at 0.0056, while the Coinbase Premium Index remained negative on both the daily and hourly charts. With U.S. spot buying still lacking, Bitcoin currently lacks the momentum needed for the DTMM to rise into the 2.5 range, the analyst said.

AI-based trading app Mojo has launched its closed beta, the company said on Aug. 27 local time. Users with invitation codes can access the closed beta, and a waitlist channel has also opened ahead of the official launch. Mojo said it aims to be a personal trading operating system optimized for the AI era by integrating data, research, decision-making, and trade execution into a single AI interface. The platform currently supports trading in crypto spot, tokenized real-world assets, and perpetual futures. Users can express trading intent to an agent in natural language, and Mojo executes trades across multiple platforms around the clock based on those instructions. Mojo was founded by executives from major industry firms including Bitget, Foresight Ventures, and The Block, according to the company.

Binance founder Zhao Changpeng said at the Bitcoin Asia 2026 event he does not think it will take 25 years for Bitcoin to reach $1 million and expects it to happen much faster. Zhao added that more than price gains are needed, saying Bitcoin needs greater utility, including large-scale payment adoption and a role as a reserve asset for pension funds.

South Korean exchange Upbit announced it will temporarily suspend NEAR deposits and withdrawals starting at 1:00 p.m. UTC on Sept. 3.

Bitcoin’s recovery above $78,000 has sharply eased market selling pressure as key on-chain profit and loss indicators improved, according to a CoinNess analysis citing CryptoQuant analyst Axel Adler Jr. Adler said the 90-day realized profit/loss ratio rose from 0.747 on Aug. 16 to 1.003 on Aug. 26, moving above the neutral baseline of one for the first time since late July. Adler said this means the volume of coins realized at a profit over the past 90 days has started to exceed the volume sold at a loss. Adler added that net unrealized loss, or NUL, which measures unrealized losses as a share of total market capitalization, also plunged to 7.35% recently from 18.57% on Aug. 16. Still, Adler said it is too early to conclude the bearish phase has fully ended, as the realized profit/loss ratio remains near the baseline and the current improvement in on-chain indicators needs to continue to confirm a clear trend reversal.

Circle CEO Jeremy Allaire said the StableFX foreign exchange trading engine is set to launch on the Arc mainnet, Circle’s USDC-optimized layer-one blockchain. StableFX was tested on Arc’s public testnet and supports 24/7 real-time settlement for fiat-backed stablecoins tied to major and emerging-market currencies. It is also designed to reduce settlement risk through a payment-versus-payment, or PvP, mechanism under which both sides settle simultaneously or both are canceled.

South Korean exchange Upbit posted about $1.083 billion in trading volume over the past 24 hours, up 53.2% from yesterday, according to CoinGecko. XRP/KRW accounted for 17.54% of the total to rank as the most actively traded pair, with about $242 million in volume. It was followed by USDT/KRW at 9.97%, or about $138 million, and ETH/KRW at 8.13%, or about $112 million.

A whale identified as pension-usdt.eth, which once posted $49 million in profit and a 23-trade winning streak, was fully liquidated on a 49,808 ETH short position worth $111.34 million, taking a $23.9 million loss, according to Lookonchain. The whale later opened a 2x long position in 300,000 ENA worth $43,800.

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: 50.6% long, 49.4% short - Binance: 50.74% long, 49.26% short - Bybit: 50.49% long, 49.51% short - OKX: 50.55% long, 49.45% short

South Korean exchange Upbit announced a temporary suspension of ICX deposit and withdrawal services from the time of the notice, citing signs of a security incident involving ICON (ICX).

A South Korean court has ruled in Bithumb’s favor in the first trial over its mistaken Bitcoin payout incident in February, ordering the return of proceeds from the sale of wrongly credited BTC, Digital Asset reported. The outlet said four separate return lawsuits are under way, and the first ruling in Bithumb’s favor has increased the likelihood that the exchange will recover sale proceeds in the other cases as well. The civil suit seeks the return of unjust enrichment from users who sold the mistakenly credited Bitcoin and kept the cash. Bithumb filed civil lawsuits in March against four users seeking the return of unjust enrichment.

Connecticut has filed a lawsuit to block Kalshi from offering sports event contracts in the state, The Block reported. Kalshi criticized the move as arbitrary and inconsistent enforcement, citing the continued operation of other prediction markets in Connecticut.

Franklin Templeton CIO Seth Ginns said large investors have started allocating capital to highly liquid cryptocurrency funds in ways not seen before, calling it a turning point for the market.

U.S. spot Ethereum ETFs recorded $192.4 million in net inflows on Aug. 26, marking an eighth straight trading day of net inflows, according to Farside Investors. - BlackRock ETHA: +$115.7 million - BlackRock Staking ETHB: +$6.4 million - Fidelity FETH: +$32 million - 21Shares TETH: +$2.7 million - Franklin Templeton EZET: +$0.9 million - Grayscale Mini ETH: +$34.7 million

U.S. spot Bitcoin ETFs recorded a net inflow of $232.2 million on Aug. 26, marking an eighth straight trading day of net inflows, according to Farside Investors. - BlackRock IBIT: +$200 million - Fidelity FBTC: +$25.6 million - Bitwise BITB: +$6 million - Morgan Stanley MSBT: +$3.4 million - Grayscale GBTC: -$50.4 million - Grayscale Mini BTC: +$46.8 million

Bitcoin has entered a recovery phase, but strong selling pressure between $83,000 and $86,000 will be the key test for further gains, according to on-chain analytics firm Glassnode. Glassnode said U.S. spot Bitcoin ETFs saw $22.3 billion in net inflows during the rebound, marking the strongest weekly inflow this year. At the same time, signs of overheating in the futures market remain limited. BTC-denominated futures open interest fell 11%, while funding rates stayed near neutral levels, indicating excessive leverage has not rebuilt as spot prices recovered. The firm said the main challenge is a thick layer of supply above $80,000. Major resistance is clustered around $80,800 and $82,300, while multiple resistance levels overlap in the $82,000-$86,000 range, including long-term holder supply and sell walls on order books. Glassnode added that if BTC holds above $83,300 and spot ETF inflows continue, it could signal the market is successfully absorbing that selling pressure.

Dollar liquidity across key order-book levels remained broadly stable as BTC surged to $80,000, suggesting the move was supported by genuine buying demand rather than a thin-market spike, CoinDesk reported. The outlet said dollar liquidity at major quote levels held steady overall during BTC’s advance. Although liquidity edged lower on Aug. 25, it remained within normal ranges, and there was no clear drop in liquidity within 0.5% of the mid-price before or after the rally. CoinDesk said BTC’s roughly 24% rise to $80,000 appears to reflect the market absorbing real buying demand rather than a price distortion caused by low liquidity. The outlet added that August is typically the weakest period for liquidity across both crypto and traditional financial markets because of seasonal factors, making the stable market depth during the rally a sign of strong buying interest.

Cardano and Solana are exposing different structural weaknesses as they test separate on-chain governance models, with low voter participation and proxy voting issues coming into focus, CryptoSlate reported. CryptoSlate said Cardano requires approval from delegated representatives, or DReps, and staking pool operators, or SPOs, to move governance forward, but low participation from both groups is preventing the process from advancing. In Solana’s case, validators can vote using delegated stake, while individual governance votes are highlighting conflicts of interest among validators and confusion over how rules governing passage thresholds should be interpreted. Both networks face the challenge of maintaining effective governance while token holder participation remains low, according to the outlet.