Live Feed

Crypto trader Killa said Bitcoin’s recent short-term rangebound trading and volatility reflect a pattern in which the market repeatedly liquidates long positions below prior lows. Killa said the purpose of the move is to reduce market leverage and gradually weaken long-position investors’ conviction in further upside. In that context, Killa outlined a scenario in which the market repeatedly breaks below lows, prompting investors to expect further declines each time, before the final low forms a local bottom and the price climbs back toward previous highs. Killa described the process as one that makes the winning side’s position as uncomfortable as possible.

Bitcoin open interest fell by 13,600 BTC over the past 24 hours while price volatility remained limited during the same period, on-chain analyst Axel Adler Jr. said. Adler said the drop in OI without a decline in price indicates active leverage reduction in the market, and added that such deleveraging lowers the risk of cascading liquidations.

Yi Lihua, founder of Chinese venture capital firm LD Capital, outlined three investment opportunities to watch over the next three years in a post on X. - BTC and ETH spot: Yi said the assets offer the potential for roughly fourfold returns, while active swing trading alongside spot holdings could target returns of up to 10 times. - Trading infrastructure: Yi said opportunities at the 100-fold level still remain, adding that trading is ultimately the core source of demand for blockchain. - On-chain IPOs: Referring to the IPO concept defined by CZ, Yi said putting stocks and IPOs on blockchain networks could bring the emergence of new high-quality assets, while the era of white paper-based tokens is effectively coming to an end.

Institutional decentralized lending protocol Clearpool has unveiled a governance proposal to migrate its credit infrastructure to the XRP Ledger, Crypto Briefing reported. If approved, the plan would involve a large-scale migration of the full protocol from its existing infrastructure. Under the proposal, existing CPOOL tokens would be exchanged for new CLEAR tokens on a one-to-one basis. CLEAR would have an initial total supply of 1.125 billion tokens, with the long-term supply set to expand to as many as 1.428 billion tokens. Existing CPOOL holders would be allocated 70% of the total supply. Ripple would also join a new credit fund as an LP, and the fund plans to provide loans to fintech companies through RLUSD-based institutional lending products. Cicada Partners would handle credit risk assessments and borrower sourcing. Clearpool said it plans to use 50% of protocol fees for open-market CLEAR token buybacks and permanent burns to offset concerns over token inflation.

The number of holders of tokenized stock assets has risen 619.1% over the past 90 days to more than 3.6 million, according to Token Terminal data. By chain, BNB Chain had the largest holder base at 1.5 million, followed by Robinhood Chain at 1.2 million and Solana at 647,500. A CoinNess analysis said the rapid growth of the tokenized stock market is making access to channels that can secure real users a key competitive battleground.

Alameda Research and FTX wallets unstaked 202,710 SOL worth about $20.62 million and transferred the tokens to a bankruptcy estate wallet, according to Onchain Lens.

Robinhood Chain’s network revenue has been declining since reaching $5.54 million on Sept. 4, and daily revenue fell to $841,178 as of Sept. 11, staying below $1 million for a third straight day, according to DeFiLlama data. That marks an 85% drop from the peak. Despite weaker profitability, 24-hour DEX trading volume held at about $2.498 billion.

Bitcoin market sentiment had entered its strongest bullish phase in two years since March 2024, according to a CoinNess analysis of CryptoQuant data. A composite sentiment index based on major fear-and-greed indicators at one point reached 89, putting the market in a state of extreme greed. The index moves between -100 and +100, and past cases show such extreme readings have acted as signals of major market pivot points. After passing through a euphoric phase, Bitcoin is now battling to hold current price levels as sentiment indicators ease back toward a normal range. With the market having shifted out of a bear market and into a bullish trend, volatility in sentiment gauges is likely to be a key variable for short-term direction.

Fintech firm Revolut is suspected of disclosing some users’ personally identifiable information after being deceived by a forged government data request, according to on-chain investigator ZachXBT. ZachXBT said the attacker impersonated an official government email domain to request customer information, and Revolut provided the data after trusting the email authentication details. The exposed data is said to have included names, addresses, copies of identification documents, Bitcoin transaction records, and account statements, while facial biometric data was excluded. ZachXBT analyzed the incident as mainly targeting high-net-worth cryptocurrency holders. Revolut sent affected users security alerts and urged users to verify suspicious inquiries through official in-app channels.

Former Huobi founder Li Lin sold The Holme, a mansion in London’s Regent’s Park, for about 190 million pounds ($253 million), the Financial Times reported. Li bought the property for 139 million pounds in 2024 and had held it for about two years. The sale is estimated to have generated a paper gain of about 51 million pounds ($68 million). The Holme, which has 40 bedrooms and a four-acre garden, had an undisclosed seller, but on-chain and fund-tracing results confirmed Li as the beneficial owner. Li sold a stake in Huobi in 2022 and now runs Hong Kong family office Avenir Group. Li also remains the largest shareholder in crypto asset manager Bitfire Group with a 30% stake, continuing large-scale digital asset investments.

Bitdeer mined a total of 293.2 BTC this week and sold all 293.2 BTC into the market over the same period, leaving its net Bitcoin position increase at 0 BTC. The company had reduced its BTC holdings to zero as of Feb. 20 and has since continued to monetize all newly mined Bitcoin in cash.

The U.S. Commodity Futures Trading Commission approved at least three confidential investigations into suspected insider trading on prediction platform Polymarket, according to documents obtained through the Freedom of Information Act, Wired reported. The CFTC approved a probe in May into a Biden administration pardon contract that generated more than $300,000 in profit for one trader, as well as an "Iran war" contract tied to suspicious accounts that made $2.4 million with a 98% win rate, according to the report. In July, the agency expanded the investigation to Google-linked contracts over allegations involving nonpublic information related to Google search rankings in 2025, while the U.S. Attorney's Office for the Southern District of New York also opened a parallel investigation. Polymarket said it would fully cooperate with investigators.

U.S. spot Ethereum ETFs recorded about $216 million in net inflows on Sept. 11, according to SoSoValue. - BlackRock ETHA: +$148 million - BlackRock ETHB: +$18.3 million - Grayscale ETH: +$5.1 million - VanEck ETHV: +$3.7 million - Fidelity FETH: +$11.4 million - Bitwise ETHW: +$29.1 million

U.S. spot Bitcoin ETFs posted a net outflow of about $13.3 million on Sept. 11, marking a fourth straight trading day of net redemptions, according to Farside Investors. - BlackRock IBIT: -$19.23 million - VanEck HODL: +$2.18 million - Morgan Stanley MSBT: +$3.76 million

The total value of on-chain tokenized assets has surpassed $346.1 billion, with capital concentration across asset classes becoming increasingly pronounced, according to Token Terminal. USD stablecoins accounted for $298.5 billion, or 86.2% of the overall market, serving as the main pillar of liquidity. In the $47.6 billion real-world asset market excluding stablecoins, U.S. Treasuries attracted the most capital at $15.0 billion, leading growth in non-stablecoin assets. Yield strategy products, including a range of derivatives and structured financial products, followed at $10.5 billion, while credit funds in the form of private lending and fund structures stood at $6.4 billion. Tokenized gold was valued at $5.1 billion. By contrast, tokenized equity products remained at $2.4 billion, or 0.7% of the total market, indicating a relatively modest pace of adoption.

Coinbase CEO Brian Armstrong announced on his official X account the formal launch of "Pulse mode," a new feature for Coinbase Wallet. Users can access the feature by downloading the latest version of the Coinbase Wallet app. The new mode focuses on significantly improving ease of use for Web3 and virtual assets through real-time on-chain data, market trend tracking, and an optimized user interface.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $186.77 million liquidated (51.96% shorts) - ETH: $312.69 million liquidated (69.02% shorts) - SOL: $25.15 million liquidated (51.35% longs)

Hyperliquid bought and burned 32,770 HYPE worth about $2.65 million over the past 24 hours at an average purchase price of $81.01, according to Onchain Lens. Total cumulative burns have reached 48.57 million HYPE, worth about $3.82 billion at the current price and equivalent to 4.86% of HYPE’s maximum supply.

Pump.fun’s team fee wallet deposited 77,700 SOL worth about $7.88 million to Kraken four hours ago, according to on-chain analyst EmberCN.

Hunter Biden, the son of former U.S. President Joe Biden, burned 10 million LAPTOP tokens worth about $3.56 million around three hours ago, equivalent to 1% of the total supply, according to on-chain analyst EmberCN. The burn came after a condition Biden had set for the meme coin LAPTOP, which he posted about, that the tokens would be burned if both Eric Trump and digital artist Beeple publicly mentioned the token. With both having recently mentioned LAPTOP, the condition was met and the burn was carried out.

CoinMarketCap’s altcoin season index came in at 37, down three points from yesterday. The index is calculated by comparing the price performance of Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. An altcoin season is identified when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.

The U.S. House Ways and Means Committee plans to hold a markup on Sept. 16 for a package of bills related to cryptocurrency taxation. The measures under review include H.R. 9175, which would defer the taxable event for cryptocurrency received through mining or staking until the asset is actually sold. The package also includes H.R. 9172, which would restrict so-called 'wash sales,' in which investors sell crypto at a loss and quickly repurchase it to use the loss as a tax deduction. The bill would extend existing wash sale rules for stocks and other assets to cryptocurrency.

Robinhood CEO Vlad Tenev argued that listed companies do not have the authority to block third parties from issuing tokenized products linked to their shares, pushing back against AMC Entertainment CEO Adam Aron’s recent demand that Robinhood halt its AMC stock-linked token offering. Tenev said companies should control the shareholder rights attached to their stock, but should not control the lawful use of shares once investors own them. He also said Robinhood’s stock tokens are separate financial products backed one-to-one by actual shares, although token holders are not entered on a company’s shareholder registry and only have economic exposure. Earlier, Aron criticized Robinhood’s AMC stock token as a fictional synthetic stock market, called for the offering to be halted, and said Aron could raise the issue with the U.S. SEC if necessary.

Cross-chain liquidity protocol Symbiosis said it halted BTC routing after a hacking attack exploited a vulnerability in its Bitcoin bridge. The attack occurred at around 4:28 p.m. UTC on Sept. 11, and about 15 BTC has been recovered and is being held in a team-controlled multisig wallet. Other routes, including EVM chains, Tron and TON, as well as Octopools, were not affected. Symbiosis has offered the attacker 20% of the stolen funds as a white-hat bounty and is investigating the final scale of the losses while preparing a compensation plan for affected liquidity providers, or LPs.

Canada’s Office of the Superintendent of Financial Institutions has finalized 2027 guidance that eases some capital rules for banks’ hedged crypto positions. Under the new guidance, banks holding long and short positions in the same cryptocurrency with the same maturity across multiple regulated exchanges may offset those positions for capital purposes if they meet certain conditions. Previously, positions had to be calculated separately by exchange, forcing banks to hold capital at levels above their actual risk. The measure applies only to “Group 2a” crypto exposures that meet hedge requirements, while assets on unregulated exchanges or those that fail to meet the requirements are excluded. The new guidance will take effect in November 2026 or January 2027, depending on a bank’s fiscal year.