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U.S. spot XRP ETFs have posted net inflows for 11 straight trading sessions, drawing a total of $170 million since Aug. 18, CoinDesk reported, citing SoSoValue. Net inflows totaled $14.38 million on Sept. 1, according to the report, while cumulative net inflows since the products launched in November last year rose to $1.68 billion. As of 13F filings at the end of the second quarter, Goldman Sachs was the largest institutional holder of XRP ETFs at about $87.4 million, although the position may have included market-making, basis trading, and client order inventory, making it difficult to conclude the holdings were a directional bet on XRP price gains.

London-listed Smarter Web Company (SWC) has bought 35 more BTC, bringing its total holdings to 2,747 BTC. The company now ranks 29th among major listed companies by Bitcoin holdings.

Slowing growth in new Chinese credit could act as a downside factor for Bitcoin and other risk assets, CoinDesk said in an analysis. CoinDesk said China’s credit impulse, which tracks new credit flows relative to the size of the economy, is falling, while a recent Bloomberg index dropped to 20.84, the lowest level since 2008. Societe Generale investment strategist Albert Edwards warned slower Chinese credit creation may signal a broader global economic slowdown, which could pressure corporate earnings and U.S. stocks. That would suggest BTC may also struggle to avoid the impact if risk aversion spreads. CoinDesk added that the influence of China’s credit conditions may be weaker than in the past, and gains could continue if U.S. institutional capital keeps driving the market. Still, if U.S. stocks lose momentum, BTC may also come under pressure.

Bitcoin is hovering below $78,000 and showing a weak near-term trend, with downside correction risks gaining traction after repeated failures to break through the $80,000-$82,000 resistance zone, CryptoPotato analyzed. According to Binance’s one-week BTC/USDT liquidation heatmap, large liquidation clusters are concentrated in the $74,000-$77,000 range below the current price. If short-term support breaks, that zone could act as a strong magnet and accelerate downside liquidations. While liquidation volume also remains near $80,000 on the upside, the downside liquidity sweep scenario appears more convincing as upward momentum has faded. If buying interest fails to quickly reclaim the $80,000 level, Bitcoin could correct into the mid-$70,000 range before testing support at $72,000-$74,400.

Strategy CEO Phong Le said the company’s decision to sell Bitcoin in the low-$60,000 range and repurchase it in the low-$80,000 range were both the right calls at the time, according to Wu Blockchain, which cited a Bloomberg TV interview. Le said Strategy bases its Bitcoin trading decisions on funding costs rather than BTC’s price itself. Selling about 7,000 BTC to fund preferred stock dividends was the right trade at the time, Le said, adding the company cut net debt to zero from about $7 billion over the past two months and built its U.S. dollar reserves to about $7 billion. With MSTR trading at a premium, Le said, selling shares to fund additional BTC purchases now makes financial sense. He added Strategy could sell BTC again if it is financially justified, while maintaining a net-buying stance and continuing to buy even at higher prices if the economics work. Earlier, Strategy sold about 6,916 BTC at an average price of $62,500 from June 22 through early August, then bought back 4,603 BTC last week at an average price of $80,318.

Bitcoin’s apparent demand has turned negative again as selling pressure persists from short-term holder profit-taking, signaling a sharp weakening in demand over the past few days, crypto analyst Darkfost said on X. Darkfost added that BTC’s price action is also losing strength and could face another leg down if demand does not recover in the near term.

Malware targeting cryptocurrency wallets across multiple networks, including Solana, Ethereum, Polygon, BNB Chain, Avalanche, Arbitrum, Base and Phantom, was found on a fake website claiming to offer a downloadable leak of Rockstar Games’ upcoming title 'GTA 6,' U.Today reported. According to cybersecurity firm Malwarebytes, the site asks users to pay either $50 or 1 SOL for access to the alleged leak and then prompts them to connect a wallet. If users approve a fraudulent transaction, they could lose not only the purchase amount but also the cryptocurrency held in the wallet. Earlier, an anonymous hacker who had leaked unreleased 'GTA 6' footage promoted a Solana-based memecoin called CYBERLEEK and sold the entire holding just before official gameplay footage was released.

Major layer-1 blockchain MultiversX (EGLD) plans to implement its “Supernova” upgrade on Sept. 10, cutting block generation time to 0.6 seconds from six seconds. The core of the overhaul is a redesigned consensus structure. It introduces parallel transaction processing, lowering intra-shard finality to under 0.25 seconds and reducing cross-shard settlement time to about 2.4 seconds. At activation, new transactions will stop being accepted for about 24 minutes under the existing six-second standard and will enter a queue. With more than 95% of over 5,000 nodes still running the previous version, the success of the migration is seen as key to achieving the speed improvement.

An attacker has been seen trying to seize control of Yam Finance through a governance vote, potentially putting about $337,000 at risk, according to Defimon Alerts. Defimon Alerts said the attacker delegated 504,000 YAM to an address under the attacker’s control, slightly above the quorum threshold, using about 3.3% of total YAM supply, and then submitted governance proposal 45. If the proposal passes and is executed, the attacker would gain admin control of the YAM timelock contract, enabling control over the protocol’s contracts and DAO treasury, with roughly $337,000 potentially vulnerable to theft, the security firm said. The protocol is effectively no longer operating, Defimon Alerts added, with about 34 hours remaining until the vote ends, and urged YAM holders to vote against the proposal.

South Korea’s Financial Services Commission said it will operate a digital asset task force through 2028 to prepare subordinate regulations and other legislative measures ahead of the enactment and implementation of a basic law on digital assets. In a report titled "2026 policy measures and trends for the creation and development of a financial hub" released on Sept. 1, the FSC said South Korea’s domestic digital asset regulatory framework has prioritized illegal activity and investor harm prevention, leaving industry and market issues such as business conduct, disclosure, and distribution inadequately addressed, according to Digital Asset. The commission added it plans to outline the main provisions of the basic law on digital assets within 2026 after consultations with the Virtual Asset Committee and through party-government coordination.

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

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $102.37 million liquidated (86.73% longs) - ETH: $76.26 million liquidated (83.48% longs) - SOL: $23.94 million liquidated (88.82% longs)

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: 48.47% long, 51.53% short - Binance: 47.75% long, 52.25% short - OKX: 48.29% long, 51.71% short - Bybit: 48.51% long, 51.49% short

Flop Labs, an AI agent project led by CEO Arthur Hayes, said it is building an exchange where GPU computing resources can be bought and sold. In a post on X, the project said Nvidia generated $89 billion in quarterly data center computing revenue, up 117% year over year, but pricing for GPU usage remains unstandardized, leaving users to contact providers directly to learn rates. On Flop, AI agents buy computing resources from miners using FLOP, while validators re-execute part of the completed computing work to verify the pricing basis used in the transaction.

OKX founder Star Xu said on X that deposits sent to OKX from addresses deemed at high risk of involvement in money laundering or other illegal activity may face stricter anti-money laundering and risk reviews, with the process potentially taking more than 15 days. Xu added that some account functions and access to funds may be restricted during that period, and service access may be blocked if the activity is confirmed to be linked to suspicious or illegal conduct. He also said funds obtained through escrow deals in Telegram group chats or through Huione, a Cambodia-linked company tied to crypto money laundering, and related channels are more likely to draw scrutiny. Xu stressed that OKX accounts must not be used for money laundering, fraud, or the transfer of illicit funds.

Bitcoin’s hash rate has yet to show a clear recovery trend even after the price rose about 35% from its low, CryptoSlate reported. The outlet said Bitcoin’s seven-day average hash rate has remained below its all-time high for 316 days, and while mining difficulty has fallen and mining profitability has improved, the rebound in hash rate has been limited. CryptoSlate said some mining companies are shifting power and data center capacity to the more profitable artificial intelligence and high-performance computing sectors.

Japan-listed Bitcoin buyer Remixpoint announced on Sept. 2 it sold all of its holdings in four altcoins, Ethereum, Solana, XRP and Dogecoin, yesterday. The total sale value came to 878.8 million yen ($6.0 million). Remixpoint posted gains of 60.2 million yen ($409,000) on ETH, 49.3 million yen ($335,000) on SOL and 11.5 million yen ($78,000) on XRP, while DOGE was the only asset to generate a loss, at 3.3 million yen ($22,000). The company said the sale reflected a comprehensive review of market conditions, the risk-return characteristics of each virtual asset and its financial strategy, and added it plans to focus future holdings and operations on Bitcoin. As of Sept. 2, Remixpoint held 1,506 BTC.

Bitcoin has remained resilient despite a surge in international oil prices and rising U.S. Treasury yields, CoinDesk said. The outlet said U.S. fiscal concerns had pushed the 10-year Treasury yield to its highest level since 2023, while West Texas Intermediate crude futures rose above $90 a barrel. It said higher oil prices were adding inflation pressure and narrowing the Federal Reserve’s room to cut rates. Both factors were weighing on equities, and gold prices also fell sharply, according to CoinDesk. Against that backdrop, Bitcoin was holding up with only limited losses, although a rebound in the U.S. Dollar Index, or DXY, against six major currencies could weigh on BTC prices, the outlet said.

An anonymous whale address active on Hyperliquid, a decentralized perpetual futures exchange, opened a $44.85 million long position in ETH overnight, according to Lookonchain. The wallet, which begins with 0x89da, entered the position at $2,422.37, with a liquidation price of $1,874.86. CoinMarketCap data shows ETH was trading at $2,413.33, down 2.43%, at the time of writing.

Two Thai businessmen have sued Tether in the U.S. District Court for the Southern District of New York over the freezing of 42,417,785 USDT without a court warrant, fintech lawyer Ariel Givner said on X. According to the complaint, Tether blacklisted the address on Oct. 30 last year following an informal request from a U.S. Homeland Security Investigations agent, and there was no warrant or court order against Tether at the time. The plaintiffs argue the U.S. government later issued a seizure warrant in February this year directing that the USDT be burned and the same amount reissued to a government-controlled wallet, but the lawsuit contends the warrant also did not grant Tether authority to freeze or burn the tokens. The plaintiffs are seeking to lift the freeze, block any burn, recover damages, and force Tether to disgorge interest income allegedly earned while continuing to manage the reserves backing the frozen USDT. These claims are allegations by parties to the lawsuit, and no court ruling has been made.

U.S. spot Bitcoin ETFs recorded a net outflow of $35.29 million on Sept. 1, reversing to net withdrawals after one trading day of inflows, according to SoSoValue. - Fidelity FBTC: -$43.67 million - Bitwise BITB: +$8.38 million

U.S. spot Ethereum ETFs recorded a net inflow of $10.95 million on Sept. 1, extending their streak to 12 straight trading days, according to SoSoValue. The inflow trend continued, although the amount has been declining noticeably. - BlackRock staking ETHB: +$11.2 million - Grayscale ETHE: -$7.4 million - Fidelity FETH: +$4.81 million - Morgan Stanley MSSE: +$2.34 million

SVM layer-one chain FOGO said it has restarted its mainnet, which had been halted after a vulnerability exploit, and is now operating normally. The project said it recovered 237 million of the 400 million FOGO stolen in the attack and permanently burned the tokens from the total supply. It added that efforts are under way to recover the remaining assets in coordination with centralized exchanges and investigative authorities. FOGO had previously said 400 million FOGO was stolen in a vulnerability attack on Aug. 29, after which block production on the mainnet was halted.

An anonymous Bitcoin whale address beginning with 1279iP appears to have sold 95 BTC worth $7.32 million through an over-the-counter trade about two hours ago, according to Onchain Lens. Bitcoin was trading at $77,564.92, down 1.6%, at the time of writing, according to CoinMarketCap.

Nearly $2.13 million in fees was generated on Arbitrum-based Ethereum layer-two network Robinhood Chain yesterday, with one analyst arguing the concentration of revenue on layer-two networks is weakening Ethereum’s revenue base. On-chain analyst ai_9684xtpa said Robinhood Chain, described as a business layer, recorded 888.39 ETH in daily fee revenue, or about $2.13 million, while Arbitrum, the protocol layer, also takes 10% of those fees as compensation for providing the technology. By contrast, Ethereum, the settlement layer, posted daily fee revenue of just 53.32 ETH, or about $128,000. The analyst added that as revenue becomes concentrated on layer-two networks, value that would otherwise accrue to Ethereum is being dispersed across layer-two ecosystems.