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On-chain analyst Willy Woo said there is a 90% chance Bitcoin has already formed its bottom under the four-year cycle framework. Woo said long-term investors’ capital is returning to the market and the current liquidity structure resembles the early stage of a bull market, indicating the bottom has likely already been set. He added that while the four-year cycle pattern has had considerable predictive power in the past, he is no longer intentionally using that pattern as a reference. Woo also said that even if this outlook proves correct, it is unclear how long the bull market would last, and the four-year cycle pattern itself is weakening.

After the U.S. Senate rejected a cloture vote overnight on the CLARITY Act, a decision on whether to move the bill to floor debate, Euro Pacific Capital CEO Peter Schiff, a prominent Bitcoin critic, said "비트코인은 가치가 없기 때문에 의회의 어떤 법안도 필요하지 않다." BTC was trading at $75,744.70, down 1.64%, at the time of writing, according to CoinMarketCap.

Bitcoin’s decline began before the U.S. Senate’s vote on the Clarity Act, making it difficult to explain the recent pullback solely by the bill’s defeat, according to on-chain analytics firm Santiment. In a post on X, Santiment said BTC had already fallen about 5% from its Sept. 3 peak before the vote, while the additional drop during the voting period was just 1.7%. That means the decline tied to the vote accounted for less than one-quarter of the total 7% pullback from the peak, Santiment said. Santiment added that its weighted social media sentiment indicator hit a 30-day high on Sept. 14, according to local time references in the source, a day before the vote, while social media mention volume on Sept. 15 reached its highest level in 14 days. It also said sentiment remained positive when the bill was voted down. Still, Santiment said it was difficult to identify what caused BTC to fall during the 12 days before the vote, adding that the U.S. Federal Reserve’s FOMC rate decision is scheduled for early Sept. 16.

South Korean crypto exchange Upbit announced it will temporarily suspend VANA deposits and withdrawals from 9:00 a.m. UTC on Sept. 21 due to the VANA hard fork.

Capital Research and Management Company, the largest shareholder of Japan-listed BTC-buying company Metaplanet, has lost its status as a major shareholder after cutting its stake and seeing its voting-rights ratio fall below 10%, according to a Metaplanet filing. The firm still remains Metaplanet’s largest shareholder. Its holdings fell by 10,603,300 shares to 125,455,820 on Sept. 8 from 136,059,120 on July 13, while its voting-rights ratio declined to 9.32% from 10.63%.

Financial markets have effectively priced in a 25-basis-point rate hike at the U.S. Federal Reserve’s September Federal Open Market Committee meeting, with some additional tightening this year also already reflected, CoinDesk reported. The outlet said the current backdrop is a nightmare for Fed Chair Kevin Warsh, as less-hawkish-than-expected remarks could weaken the dollar while lifting long-term Treasury yields amid inflation and U.S. debt concerns. That could trigger near-term selling pressure on risk assets, but later turn supportive for Bitcoin and gold, according to the report. CoinDesk added investors may still view the Fed’s monetary policy as accommodative and come to expect further rate hikes, while confidence in the central bank’s ability to contain inflation could also erode. In that scenario, Bitcoin could draw attention as a store of value that can avoid currency debasement and Treasury risk, potentially rising after an initial bout of selling, according to the analysis.

AI is having an overall negative impact on the crypto industry, Phemex CEO Federico Variola said in an interview with Cointelegraph, citing capital leaving the sector for other fields and more threatening hacking capabilities for attackers. Variola said rising security costs are putting greater pressure on small teams and could deepen centralization during the response process. At the same time, Variola added AI agents could still be useful for portfolio construction and trading decisions.

According to CoinNess market monitoring, BTC has risen above $76,000. BTC is trading at $76,018.32 on the Binance USDT market.

Hyperliquid generated about $3.12 million in trading fees over the past 24 hours, and 99% of that was used for HYPE buybacks and token burns, Jinse Finance reported.

Six Malaysian men were sentenced to prison for robbing about $3.9 million in assets, including cryptocurrency, during a raid on a poker game at an upscale home in Singapore, The Independent reported. The group broke into the house in April 2024 carrying bladed weapons and baseball bats, tied up 11 victims, searched mobile phones for crypto apps and transferred assets from one victim’s account, according to the report. After fleeing to Malaysia, they cashed out part of the stolen cryptocurrency and split the proceeds. The court handed down prison terms ranging from seven years and eight months to 12 years and 11 months, and also ordered 24 strokes of the cane for defendants under 50. One accomplice remains at large.

South Korean police have decided not to refer Democratic Party lawmaker Kim Nam-kuk to prosecutors after determining there was no evidence to support allegations that he underreported his assets, Yonhap reported. Police found that Kim had reinvested 4.7 billion won ($3.5 million) in proceeds from cryptocurrency sales that had been at the center of the omission allegations into other virtual assets, and that the overall value of his assets later fell sharply as prices declined. Police also reviewed the findings of a 2023 investigation by the Seoul Southern District Prosecutors’ Office into the so-called Kim Nam-kuk coin controversy, which first drew attention to Kim’s large cryptocurrency holdings, before deciding not to send the case forward, according to Yonhap.

Deutsche Bank has launched a cryptocurrency custody service for institutional clients, Watcher.Guru reported. The bank had announced the plan in July last year, and Bitpanda Technology Solutions, the technology unit of Austria-based crypto exchange Bitpanda, is participating in the business as a partner.

Dunamu signed a memorandum of understanding to support the development of Kazakhstan’s digital financial infrastructure, SBS Biz reported. The counterparties are the Alatau City Administration and Alatau City Bank in Kazakhstan. Under the agreement, the three parties will jointly review the potential use of real-world asset tokenization and token securities. They also plan to explore cooperation on stablecoins, payment solutions and other digital financial tools. Dunamu will provide tokenization-related solutions and the technical expertise needed to build digital infrastructure, while the Alatau City Administration will coordinate cooperation with government and related institutions.

Self-custody wallet D'CENT Wallet said on X that it had detected abnormal asset transfers from its app wallet and had launched an urgent investigation. D'CENT urged app wallet users, as well as users who use the same mnemonic phrase for both the app wallet and a hardware wallet, to move assets immediately to another secure wallet. The company said it will provide a further notice after the investigation on the exact cause, the scope of damage, and response measures.

September inflows into ETH ETFs reached about 30 times new issuance, roughly twice the inflow intensity seen in SOL and three times that of BTC, Real Vision crypto market analyst Jamie Coutts said.

Zcash holders voted in favor of reducing the block generation interval to 25 seconds from 75 seconds in the upcoming NU7 upgrade, while keeping the existing halving schedule unchanged, CoinDesk reported. Support reached 99.9% for the block-time reduction and 98.9% for maintaining the current halving timetable, and the change is set to be implemented on the live network after NU7 development and testing.

Bitcoin short-term holders moved a large amount of loss-making supply to exchanges after the U.S. Senate rejected a cloture vote on the Clarity Act, on-chain analyst Darkfost said in an analysis on X. Darkfost said exchange inflows from short-term holders rose from 19,400 BTC to 33,100 BTC, with 23,200 BTC of that total transferred to exchanges at a loss, the largest such volume in the past month. More than 10,000 BTC flowed into Binance, while inflows to Kraken climbed to more than 6,000 BTC from the usual 2,000 BTC to 3,000 BTC range. By contrast, inflows to Coinbase Advanced, where institutional trading accounts for a relatively large share, were 7,300 BTC, in line with typical levels.

Binance announced it will carry out a system upgrade for at least three hours from 6:00 a.m. to 9:00 a.m. UTC on Sept. 22. During that period, intermittent issues may affect some services, including login, sign-ups, two-factor authentication (2FA/MFA), crypto deposits and withdrawals, transfers between accounts and payments, while core trading services such as spot and futures trading will not be affected.

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: 48.86% long, 51.14% short - Binance: 48.73% long, 51.27% short - OKX: 47.86% long, 52.14% short - Bybit: 48.96% long, 51.04% short

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The top section shows a volume heatmap, while the bottom section 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 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 rises. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million.

Song Eon-seok of South Korea’s People Power Party said the crypto income tax should be abolished. In a Facebook post today, Song said taxation parity with stocks should be considered and warned that, given the global single-market nature of virtual assets, imposing a tax on crypto income could trigger a large outflow of funds to overseas markets such as Singapore and Hong Kong.

Binance announced the delisting of four spot trading pairs: BREV/USDC, COOKIE/USDC, LA/USDC and QNT/USDC. The pairs will be removed at 3:00 a.m. UTC on Sept. 18, according to the exchange.

Underdog has filed a lawsuit in federal court against Connecticut authorities to block them from treating the company’s sports event-related contracts as illegal gambling, The Block reported. The move follows cease-and-desist orders Connecticut issued last week to nine prediction market platforms, including Underdog, Polymarket, Coinbase and Robinhood.

Real Vision co-founder Raoul Pal said in an interview on the Wolf Financial Show that Bitcoin is a much stronger long-term hedge against currency debasement than gold. Pal said the purchasing power of fiat currencies worldwide is declining by about 8% a year as central banks expand money supply, while average annual wage growth is only about 3%, steadily eroding the public’s real purchasing power. He added that only crypto and tech stocks have outpaced the rate of currency debasement, while traditional assets such as gold and real estate have only managed to preserve value against it. Pal said gold has already reached a mature stage and has limitations, whereas Bitcoin has the same scarcity as gold but remains in an "Earlier Adoption Stage," giving it much greater upside potential.

ARGUS, a token on the Arc chain, briefly surpassed a $34 million market capitalization to reach an all-time high, Odaily reported. ARGUS is the native token of token issuance platform ArgusPad.