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Bitget CEO Gracy Chen said the exchange is in talks with several global financial institutions to expand its cryptocurrency business in Asia. In an interview with CoinDesk, Chen cited BlackRock as an example and reproduced the English phrase "These companies are exploring broader regional distribution of tokenized ETFs." Chen added Bitget is speaking with global financial institutions to understand their positions and discuss potential cooperation, with especially close communication with BlackRock on distribution in Asian markets. BlackRock, for its part, said its crypto ETPs are trading in Asia and the firm regularly works with crypto service providers on various projects. The asset manager declined to comment in detail on any Asia expansion plans.

Major exchanges have seen $128 million worth of futures liquidated in the past hour. In the past 24 hours, $374 million worth of futures have been liquidated.

Crypto-linked U.S. stocks were broadly higher, with Strategy (MSTR) up 10.4%, Coinbase (COIN) up 8.25%, Circle (CRCL) up 12.65%, Bitmine (BMNR) up 10.75%, SharpLink (SBET) up 8.2%, and Robinhood (HOOD) up 14.6%.

According to CoinNess market monitoring, BTC has risen above $80,000. BTC is trading at $80,116.5 on the Binance USDT market.

Anthony Pompliano, founder of crypto-focused investment firm Pompliano Investments, said Bitcoin and artificial intelligence could be the strongest asset combination over the next 20 years. In a post on X, Pompliano said U.S. federal debt has topped $40 trillion and annual interest costs are running above $1 trillion. Pompliano said the core issue is massive government spending, while a near-term resolution looks unlikely. Pompliano said Bitcoin could benefit if the government chooses to ease the debt burden by expanding the money supply, adding Bitcoin could rise above $1 million over the long term if trillions of dollars in new money issuance weaken the U.S. dollar. Pompliano added artificial intelligence would play a central role if the government instead tries to solve the debt problem by boosting economic growth. In that scenario, Bitcoin could serve as a hedge against inflation, while AI-related assets could offer exposure to growth.

Robinhood Chain has surpassed Polygon (POL) in total value locked about two months after launch, Crypto Briefing reported. According to DefiLlama data, Robinhood Chain’s TVL stood at about $791 million to $802 million, edging past Polygon’s $788 million to $790 million. The pace of growth stands out particularly as Polygon has been expanding its ecosystem since 2020.

BNB Chain is exploring a structure that would let tokenized real-world assets serve as collateral while also generating yield, Crypto Briefing reported. Speaking at an event in Brooklyn, New York, BNB Chain Commercial Lead Thomas Chen said asset tokens should be used to produce real returns rather than simply being locked in smart contracts. Chen said BNB Chain currently has about $5.67 billion in tokenized real-world assets, including major tokenized products such as Circle’s money market fund token USYC, and said those assets can both back loans and provide additional income to holders. Chen added that the collateral yield model would help improve capital inefficiency in DeFi.

Jeffrey Huang, a well-known Taiwanese singer also known as Machi Big Brother, has opened a $5.7 million long position in HYPE. The position’s average entry price was $82.93. Huang also holds an ETH long position of as much as $99 million with an entry price of $2,427.06, as well as a BTC long position of as much as $31.55 million with an entry price of $77,446.40.

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

Abraxas Capital bought an additional 16,554 ETH on spot markets over the past 12 hours, worth about $39.8 million. Meanwhile, two accounts operated on Hyperliquid hold short positions totaling 120,178 ETH, valued at $291.4 million.

Hargreaves Lansdown will begin offering cryptocurrency ETN trading to about 2 million investors from today, the Financial Times reported. The initial lineup includes nine ETNs tied to BTC and ETH. Issuers include BlackRock, WisdomTree, 21Shares, Invesco, CoinShares and Bitwise, with annual fees ranging from 0% to 0.35%. Hargreaves Lansdown had previously been the only major UK investment platform not to support crypto ETN trading, and in October last year said "BTC is not an asset class."

Crypto wallet users may be able to regain access to their assets in some cases even after losing part of a seed phrase or password, but recovery is effectively impossible if a randomly generated seed has been lost in full, Cointelegraph reported. Bruno Krause, co-founder of wallet recovery firm ReWallet, said recovery is possible by testing likely combinations if some words from a BIP39 seed phrase remain or if there are clues about how the password was created. By contrast, Trezor Bitcoin analyst Lucien Bourdon said no recovery service can help if a user has lost a wallet backup and also cannot access the wallet storing the private key. Bourdon added that users considering a recovery service should check genuine customer reviews and avoid firms that demand upfront payment.

Nasdaq-listed Bitcoin miner BitFuFu (FUFU) said it mined 174 BTC in August, up 55.4% from the previous month. Average daily production rose to 5.6 BTC from 3.6 BTC in July. The company’s managed hashrate increased 45.1% to 20.6 EH/s from 14.2 EH/s a month earlier, while holdings stood at 1,373 BTC at the end of August.

U.S. House Majority Whip Tom Emmer, a Republican, urged the Senate to hold a vote on the CLARITY Act, a crypto market structure bill, during an interview with CNBC’s Squawk Box. Emmer had previously stressed that the CLARITY Act would boost the global competitiveness of the U.S. digital asset market. Emmer also supports the Blockchain Regulatory Certainty Act, or BRCA, which would exempt DeFi software developers that do not directly custody funds from money transmitter regulations.

Jupiter, a decentralized exchange in the Solana ecosystem, has integrated MoonPay’s generative AI payments platform PayBox to support cryptocurrency trading through AI chatbots. Through conversations with ChatGPT, Claude, and Grok, users can execute limit orders and dollar-cost averaging strategies, while also accessing Jupiter’s native routing and Earn products.

Argentina’s federal prosecutors office held specialized training for staff, public officials and prosecutors on how to analyze, trace, detect and seize cryptocurrencies, Cryptonoticias reported. The online sessions were held on Aug. 19 and Sept. 2 and covered asset and financial analysis of digital wallets, domestic and international legal regulations, the cryptocurrency ecosystem, ways to apply asset-preservation measures to related funds, and practical case studies. The MPF is an independent judicial body that directs criminal investigations in Argentina.

The three major U.S. stock indices opened higher today. - S&P 500: +0.45% - Nasdaq: +0.45% - Dow Jones: +0.64%

Dubai’s Virtual Assets Regulatory Authority (VARA) has signed a memorandum of understanding with tokenization platform Securitize to support a regulated tokenized market and build digital asset infrastructure, Cointelegraph reported. The two sides plan to support tokenization projects, including VARA-led initiatives, expand institutional participation, and review ways to operate tokenized financial products within Dubai’s regulatory framework. VARA said the agreement is intended to establish a framework for cooperation rather than introduce any specific technology or product, adding that there are no plans to announce concrete projects at this stage. Securitize currently manages about $4.9 billion in tokenized assets.

Chainlink said it has entered a strategic partnership with Bottomline, one of the world’s top three SWIFT service providers, to offer cross-chain payment capabilities to Bottomline’s more than 600 banking clients. Using CCIP, or the Cross-Chain Interoperability Protocol, Chainlink will provide a secure interoperability and orchestration layer connecting Bottomline’s existing payments infrastructure with public and private blockchains, allowing tokenized value to move safely across chains. Chainlink said the partnership will give Bottomline’s banking clients access to on-chain payment rails while continuing to use their existing ISO 20022 messaging.

Morpho, a decentralized lending protocol, said on X its total value locked surpassed $14 billion in August, setting an all-time high. Morpho added it now accounts for about 25% of the crypto-collateralized lending market. A chart shared by the protocol showed BTC was the largest deposited asset at about $4.7 billion, followed by USDC at $3.5 billion and other stablecoins at $2.1 billion.

Taiwan’s Financial Supervisory Commission said it has prepared nine subordinate regulations for the Virtual Asset Service Act and is targeting implementation in the first quarter of 2027. The bill classifies virtual asset businesses into seven categories: exchanges, trading platforms, transfers, custody, underwriting, brokerage, and lending, while requiring separate licenses for each line of business. Stablecoins issued in Taiwan would require FSC approval, a peg to fiat currency, and one-to-one reserves. Overseas stablecoins such as USDT and USDC would be classified as products and could be traded on licensed platforms. The current AML registration system would be converted into a formal licensing regime, and existing operators would be given a grace period of up to 21 months. Operating without a license could result in up to seven years in prison and a fine of NT$100 million ($132 million).

Bitcoin’s three-month rolling correlation with gold has climbed to its highest level in about six years, suggesting investors are increasingly using BTC alongside gold as a hedge against currency debasement risk, according to a CoinNess analysis citing Bitwise Europe Head of Research André Dragosch. The analysis said BTC rose 22.4% on a weekly basis and gold gained about 5%, while stocks fell, after yields on long-dated U.S. Treasuries climbed and the U.S. Treasury increased purchases of long-term government bonds. Over the same period, Bitcoin’s correlation with stocks fell to its lowest level in a year, while its correlation with the U.S. Dollar Index (DXY) showed a clear negative reading. Dragosch said BTC and gold often move differently under normal conditions, but investors are increasingly treating the two assets similarly when macroeconomic factors have a strong influence. Investors are now using both gold and BTC, rather than choosing one over the other, as hedges against currency debasement, Dragosch added.

Hyperliquid said a future network upgrade will introduce a HIP-3 feature allowing deployers of HIP-3 perpetual futures markets to grant some operational authority to other addresses. Once HIP-3 is enabled, deployers will be able to add other addresses to an on-chain permissions list they manage directly and assign them certain functions, Hyperliquid said. Existing HIP-3 markets will remain unchanged. The initial version is now available on the testnet, and detailed specifications may change based on feedback. Hyperliquid said the feature would allow each deployer to set operational permissions in line with its own requirements, including regulatory needs, while continuing to retain control over and responsibility for the markets it deployed.

A security incident at Swiss Bitcoin broker Pocket Bitcoin exposed the information of about 5,400 customers, The Block reported. The leaked data included bank transfer records, while some customers also had identification documents and BTC addresses exposed. Pocket Bitcoin said the investigation has been completed, and no evidence has been found so far that the leaked information has been misused.

Initial jobless claims in the U.S. totaled 206,000 last week, above the forecast of 205,000. Weekly jobless claims are a gauge of labor market conditions for the Federal Reserve’s rate decisions. A reading above forecasts can be interpreted as a sign of rising layoffs and a cooling labor market, which could support the case for Fed rate cuts. A reading below forecasts can signal labor market resilience, supporting a decision to hold rates steady or raise them while focusing on curbing inflation.