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Ethereum developers have decided to formally include Frame Transactions (EIP-8141) in the Hegotá upgrade scheduled for 2027, enabling users to pay transaction fees without ETH. Under the current system, users cannot move funds without Ether for gas fees even if their wallets hold enough stablecoins. EIP-8141, proposed by Vitalik Buterin and others, separates signature verification, fee payment and transaction execution into individual "frames." That would allow payment apps to cover fees on a user’s behalf or deduct gas fees in stablecoins at the protocol level without a third-party intermediary. The proposal would also support atomic batching of multi-step transactions, immediately revoke permissions if an approval fails, and add account abstraction features that let users replace private keys while keeping the same account address or switch to quantum-resistant security keys. The current specification remains in draft form, and details may be adjusted before final adoption.

Bitcoin’s recent rally has been driven by spot demand rather than leverage, crypto market maker DWF Labs said on its official X account. DWF Labs said the latest BTC gains reflected a spot-led move, with open interest in the BTC futures market falling to 669,600 BTC from 762,200 BTC since mid-August, when the sharp upswing began. Inflows through spot ETFs also continued, it added. Spot BTC and ETH ETFs drew a combined $1.2 billion last week, marking a third straight week of inflows above $1 billion, the first such stretch since July last year. DWF Labs also said renewed tensions between the U.S. and Iran were pushing oil prices higher, while market expectations for U.S. monetary policy were tilting toward rate hikes. This week’s U.S. Producer Price Index and Consumer Price Index releases could be key variables, DWF Labs added.

Bitcoin is holding firm near $80,000 even as stronger-than-expected U.S. jobs data has pushed the probability of a September Federal Reserve rate hike above 66%, according to a latest report from crypto exchange Bitfinex. Bitfinex said August U.S. nonfarm payrolls, released last week, rose by 162,000, far above expectations, lifting the likelihood of a September rate hike to above 60%. BTC climbed to $82,320 on Sept. 3 and is now moving sideways in a $77,200-$82,100 range. U.S. spot BTC ETFs saw net inflows of $986.7 million last week, while stablecoin supply continued to increase. Bitfinex said ETF inflows and rising stablecoin supply are supporting BTC prices, but higher short-term Treasury yields are limiting further upside. As a result, sideways trading is likely to continue until BTC clearly breaks above $82,100, the top of its short-term range.

Privacy-focused cryptocurrency Zcash (ZEC), sometimes referred to as a dark coin, has surpassed a $20 billion market capitalization after hitting its highest price since 2016, Cointelegraph reported. According to CoinGecko, ZEC rose to $1,249.28 on Sept. 7 and was recently trading around $1,190. The token is up about 45% over the past week and 138% over the past 30 days. Cointelegraph said a key driver behind the latest surge was crypto asset manager Grayscale’s conversion of its existing ZEC trust product into an exchange-traded fund. The ETF, which trades under the ticker ZCSH, was listed on NYSE Arca on Aug. 25.

South Korea’s Financial Supervisory Service is examining whether unusual trading took place on Bithumb after as much as 70% of Bitcoin trading on the exchange was concentrated in 10 accounts, KBS reported. When Bitcoin rose from around 91 million won to above 100 million won in two days on Aug. 19, the top 10 accounts’ share of Bithumb’s total Bitcoin trading value climbed to as high as 70%, compared with a usual level of about 30%, according to the report. KBS said the pattern resembled unfair trading in which volume or buying interest is inflated to encourage retail purchases and lock in gains. The Financial Supervisory Service has classified the concentration in specific accounts on Bithumb as an unusual phenomenon and asked the South Korean exchange for a list of top traders and raw trading data, KBS reported. The regulator is also checking why Bithumb waived fees for API trading, which places large automated orders, during the period when the concentrated trading occurred.

Cointelegraph outlined five key factors to watch in the Bitcoin market this week: - U.S. CPI and PPI data are due, while the probability of a Federal Reserve rate hike is trending higher. - Japan has carried out its largest-ever yen intervention, raising the possibility of U.S. Treasury sales. - Spot demand for BTC remains weak. - BTC closed the week above $80,000 for the first time in four months. - Bullish signals have emerged in BTC on-chain indicators, pointing to a possible repeat of the recovery seen in early 2023.

Global cryptocurrency market capitalization rose 17.6% from a month earlier to $2.7 trillion in August, according to Binance Research’s monthly market report. The report said crypto ETFs saw their largest inflows of the year in August. BTC rose 24.8% on a recent weekly basis, placing the gain in the top 1% of weekly advances since 2020, while cryptocurrencies also took up a larger share of investor portfolios. Among users holding stocks, the crypto share of portfolios increased to 72% from 64%, while the stablecoin share fell 22%. The share of perpetual futures trading volume tied to traditional finance, or TradFi, assets shrank to 20% from 40%.

More than 116,000 ETH, worth around $300 million, has been withdrawn from major cryptocurrency exchanges over the past two days, a trend that well-known crypto trader Ali Martinez said could support further gains in ETH. CryptoPotato added, "거래소에서 ETH가 대규모 출금됐다는 건 즉시 매도 가능한 ETH 물량이 감소하면서 매도 압력이 완화됐음을 시사한다. 다만 거래소 출금이 반드시 매집을 의미하는 것은 아니며, 스테이킹이나 개인 커스터디 등 다른 목적의 자산 이동 가능성도 배제할 수 없다," indicating that large ETH outflows from exchanges suggest a decline in immediately sellable supply and easing selling pressure, while noting the withdrawals do not necessarily mean accumulation and could also reflect staking or transfers into private custody.

Solana will introduce transaction v1 on its mainnet on Sept. 9, CoinDesk reported. The upgrade will raise the maximum transaction size to 4,096 bytes from 1,232 bytes, an increase of about 3.3 times. The change will allow some large-scale on-chain operations that previously had to be split across multiple transactions to be handled in a single transaction. It is also expected to make it easier to use zero-knowledge proofs, large multisig setups and some signature methods, including BLS. The new 4,096-byte cap was set with the 4 KB memory page size used in validator hardware in mind. The upgrade is being carried out under Solana improvement proposals SIMD-0296 and SIMD-0385. Legacy and v0 transactions will continue to be supported, while applications and infrastructure seeking to use v1 transactions will need separate updates. CoinNess previously reported that some in the Solana community had raised concerns about compatibility issues in parts of the infrastructure ahead of the mainnet rollout of the v1 transaction format.

Renato Mariotti, a cryptocurrency lawyer and former U.S. federal prosecutor, said in an interview with CoinDesk that after recently speaking with lawmakers and congressional staff in Washington, the Clarity bill appears to be effectively dead. Mariotti said Congress has begun moving beyond earlier discussions and is now exploring new alternatives and regulatory directions as the bill’s chances of passage have faded.

A group accused of stealing about $240 million worth of Bitcoin in the U.S. was caught after spending heavily on supercars, private jets and luxury homes, the AP reported. The suspects are accused of approaching a long-term crypto investor living in Washington, D.C., in August 2024 and stealing more than 4,100 BTC. After the theft, the group allegedly laundered the funds through multiple crypto exchanges and converted them into cash. Over a one-month period, the suspects spent about $4 million at nightclubs and kept up a lavish lifestyle by buying supercars and private jets, according to the report. A key break in the case came when one member of the group failed to hide an IP address on an exchange account opened to store about $30 million in stolen crypto. U.S. authorities have charged 18 people, including alleged ringleader Malone Lam. So far, 10 defendants in the case have pleaded guilty, and courts have already sentenced three accomplices to prison and other penalties.

Blockstream, the developer of the Bitcoin sidechain Liquid, said the bridge node patch has been completed and the funds can now be safely returned after hackers who identified themselves as white hats stole 4,000 BTC, then worth about $320 million. The hackers had previously said they would return the stolen 4,000 BTC after confirming the vulnerability had been fixed and all nodes had been patched. Negotiations between the hackers and Blockstream were conducted publicly through OP_RETURN messages, and the hackers also sent Blockstream encrypted details about the vulnerability. The funds still held by the hackers were identified at about 3,998.5 BTC.

Bitcoin appears to be less sensitive than gold to moves in U.S. Treasury yields, according to a CoinDesk analysis. As U.S. Treasury yields rise amid concerns about the country’s fiscal health, BTC and gold have continued to gain in tandem, the outlet said. The 90-day correlation coefficient between the two assets’ daily returns currently stands at 0.59, the highest level since 2020, indicating they have recently moved in broadly similar directions. By contrast, the 90-day correlation between BTC and the yield on the U.S. 10-year Treasury note was -0.17, suggesting Bitcoin is less tied than gold to the bond market and interest-rate changes. CoinDesk said this could leave BTC relatively less affected than gold by rising yields as U.S. fiscal uncertainty and financial-market pressure intensify.

The UK Financial Conduct Authority is considering easing restrictions on retail access to prediction markets, CoinDesk reported, citing The Times. The report said the UK currently classifies contracts tied to financial and some weather-related outcomes as binary options and has barred retail investors from using them since 2019. It added that a review of the current rules is gaining traction as more UK users turn to offshore prediction market platforms such as Kalshi and Polymarket. The FCA’s official position remains in favor of keeping the existing ban. In a recent report, however, the regulator said the current rules were appropriate given the speculative nature of the products and the risk of consumer harm, while leaving open the possibility of further review of its market access approach or regulatory scope.

An attacker could gain control over about $91.3 billion worth of USDT on the Tron network if two signing keys are compromised, blockchain security firm Hacken warned. Hacken said roughly half of Tether’s total USDT supply circulates on Tron and the network is structured so an attacker needs only two signing keys required for USDT control to seize smart contract administrative authority. Hacken explained Tron’s multisignature structure does not directly custody users’ USDT, but instead controls administrative privileges for the USDT smart contract. If an attacker obtains the two required signing keys, the attacker could change contract ownership, mint new USDT without authorization, or freeze specific addresses, according to Hacken. The firm added it found no timelock, cancellation procedure, or separate security mechanism to reverse changes during the administrator rights transfer process. Hacken also said similar risks may exist on other networks including Ethereum, Avalanche, and Celo.

Of 375,740 wallets that traded Robinhood Chain memecoins through social trading app FOMO, 95.2% either posted losses or made $100 or less in profit, Unfolded reported. Unfolded said 229 traders, or 0.06%, made more than $10,000 in profit, while 653 traders, or 0.17%, made more than $5,000. A total of 3,504 traders, or 0.9%, made more than $1,000, according to the analysis.

ARK Invest CEO Cathie Wood said Bitcoin was showing relative strength against gold and that ARK Invest remained bullish on BTC, according to The Bitcoin Historian. Wood also said the correlation between recent BTC and gold price moves had fallen sharply.

The spot CVD chart is an order book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section 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 moves sharply. Brighter zones may act as support or resistance levels. - The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line in the corresponding color moves higher. The yellow line represents orders between $100 and $1,000, while the brown line reflects large orders between $1 million and $10 million, among other categories.

Singapore’s largest bank DBS and Citi have completed 24/7 real-time cross-border U.S. dollar settlement using deposit tokens, Cointelegraph reported. According to DBS, the two banks successfully processed a U.S. dollar payment between Singapore and the U.S. over the weekend on Sept. 5 using a blockchain-based digital ledger from the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Under the existing system, cross-border payments can take up to two business days.

Zhuoer Jiang, founder of mining pool BTC.top and a blockchain entrepreneur with Chinese roots, said on X that he took profit on a Bitcoin short opened at $82,050 and closed at $79,480, then reinvested the full proceeds into Ether spot. Jiang had previously said ETH was the main driver of the current bull market and could lead broader gains, while BTC could also rise alongside it. Jiang also said inflows were continuing, with a record $730 million in net inflows into crypto ETFs over the past three days, and added that the short position was intended only as a short-term trade. Jiang said BTC would likely struggle to break through the $83,000-$84,000 resistance zone in the near term.

The Bangko Sentral ng Pilipinas, or BSP, plans to suspend new applications for payment system operator licenses for 12 months while tightening rules for payment services tied to virtual asset service providers, Cointelegraph reported. The BSP recently released a draft review of its classification and licensing framework for payment system operators that includes the proposal. Applications filed before the suspension will continue to be reviewed, but no approvals or rejections will be issued until the 12-month pause ends. The draft also requires BSP-supervised institutions offering merchant payment services to VASPs to sign direct merchant agreements and apply risk-based controls including enhanced due diligence, monitoring, and transaction and settlement limits. The rules would apply to crypto firms that must obtain a license, registration, or approval from the BSP, the Philippine SEC, or other relevant authorities. If finalized, the rules will take effect 15 days after publication in the official gazette. The BSP is currently gathering feedback from the industry and related authorities.

Bitcoin’s sharp recent recovery has stalled near a sell wall around the key $83,000 resistance level, while the overall wallet cohort has shifted to net selling for the first time since early June, led in particular by whales, CoinDesk reported. According to Glassnode’s Accumulation Trend Score by wallet size, the overall wallet cohort is currently at 0.37. The indicator points to accumulation when it is closer to one and distribution when it is closer to zero. Wallets holding more than 1,000 BTC were identified as leading the selling. The shift follows roughly three months of active accumulation across most wallet cohorts last summer, when BTC was moving sideways in the $60,000 range. Meanwhile, BTC is also facing resistance at its 50-week moving average of $79,687. CoinDesk added that a golden cross, in which the 50-day moving average rises above the 200-day moving average, could occur as early as Sept. 8, leaving room for expectations of further gains. According to CoinMarketCap, BTC was trading at $79,319.55, down 0.71%, at the time of writing.

Bitcoin’s on-chain apparent demand, a metric used to gauge spot demand, has turned negative again as retail investors continue taking profits even as BTC rebounds, Crypto Briefing reported, citing CryptoQuant data. The outlet said the indicator improved in August and briefly moved back into positive territory, but turned negative again around Sept. 1 as retail profit-taking resumed. That suggests selling by existing BTC holders is outpacing fresh buying demand entering the market, while institutional demand has yet to show a clear recovery.

Upbit announced it will temporarily suspend deposits and withdrawals for WAVES-related digital assets until 9:00 a.m. UTC on Sept. 13 due to a WAVES network upgrade.

BitcoinTreasuries.net said Strive, a Bitcoin treasury accumulation company listed on Nasdaq under the ticker ASST, has overtaken Trump Media & Technology Group, listed on Nasdaq under DJT, in market capitalization. DJT’s market cap currently stands at about $2.507 billion, while ASST’s market value is $2.531 billion.