Ethereum price recovered above $2,400 on Sept. 3 after falling to $2,370, but weakening short-term momentum and nearby liquidation clusters leave the breakout vulnerable. Summary Ethereum price recovered to about $2,408 after falling as low as $2,370 during the daily session. The 4-hour RSI stands at 43.86, while ETH remains below the Bollinger Bands’ $2,430
Mexican billionaire Ricardo Salinas is at it again. This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin. Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his
Hyperliquid opened its HIP-4 outcome-market infrastructure to outside venues on Aug. 29, and daily trading volume nearly tripled within three days, according to research published Sept. 3. Summary Hyperliquid opened HIP-4 deployment August 29, and reported daily outcome volume tripled within three days. Two outside venues each posted 500,000 HYPE bonds to deploy markets using
Prominent Russian financial institution Sberbank plans to accept Bitcoin, Ethereum, and USDT as loan collateral as Russia prepares a new cryptocurrency regulatory framework that takes effect from September 1, 2026. Russia’s largest bank intends to expand crypto-backed lending beyond Bitcoin to Ethereum and Tether’s USDT. Ethereum and USDT collateral will still require approval from the
Taiwan’s Financial Supervisory Commission has said nine supporting regulations for its new Virtual Asset Service Act, including detailed stablecoin rules, could be formally introduced as early as the first quarter of 2027. Summary Taiwan’s FSC is preparing nine regulations under the Virtual Asset Service Act, including rules covering stablecoins. The regulations could be formally published
On August 19, Bitcoin ripped through $67,000 and set off the largest single-day short squeeze in Bitcoin’s history — over $1.1 billion in short positions liquidated in a day. It was the first time that figure had ever cleared a billion for BTC alone, comfortably beating the old records of $757 million (May 2021) and
Researchers affiliated with the Bank for International Settlements tested the XRP Ledger as a verification layer for official statistics, according to a working paper published on Sept. 2. Summary BIS researchers tested XRP Ledger Devnet for verifying integrity and origin of official statistical datasets. Prototype recorded cryptographic dataset fingerprints rather than publishing the underlying statistics
In Bitcoin news today, China’s credit impulse, a gauge of how quickly new borrowing is expanding relative to the size of the economy, has fallen to 20.84, its lowest level since 2008, according to MacroMicro data cited by CoinDesk. Bitcoin, meanwhile, is not acting like a risk asset under duress. After gaining roughly +25% in
The U.S. Department of Justice said on Sept. 1 that federal investigators had seized more than $560,000 in cryptocurrency allegedly intended for Hamas. The FBI also took control of domains and servers that authorities said supported fundraising and recruitment. Summary DOJ said three warrants seized more than $560,000 in cryptocurrency allegedly intended for Hamas fundraising.
Kalshi plans to seek U.S. regulatory approval as early as next week for a perpetual futures contract linked to West Texas Intermediate crude oil, Bloomberg reported on Sept. 2. Summary Kalshi reportedly plans to seek CFTC approval for a WTI perpetual futures contract next week. The proposed product would trade continuously from Monday through Friday
