News linked to both this project and an event.
Odaily News: A British man named "Chris" has recovered 61 Bitcoin after a 12-year legal dispute following the shutdown of UK cryptocurrency exchange Intersango in 2014, now worth approximately $4.4 million.Chris purchased the Bitcoin in 2011 and left the assets under the exchange's custody without transferring them to a self-custody wallet. Intersango, formerly known as Britcoin, was among the first UK exchanges to offer Bitcoin trading against the pound.Ryan Sweetnam, Director of Financial Litigation at CEL Solicitors, assisted in recovering the assets. The firm spent four months preparing and submitting required documents to US courts, and the return was ultimately completed through negotiation. Chris said he now opens the wallet containing his Bitcoin about 20 times a day. (Bitcoin.com News)
According to on-chain monitoring by analyst PeckShield (@PeckShieldAlert), the Liquid Network was targeted by white-hat hackers. Approximately 4,000 BTC (roughly $320 million) were transferred from a Liquid Federation wallet. The funds were consolidated into address bc1ql4mfu6aundtkksxklfajs2h3t9nzcd6gyqjlte, accompanied by an on-chain message: "We are white hats, please contact us on-chain." Subsequently, the hackers completed on-chain negotiations with Blockstream, returning 3,400 BTC (approximately $315 million, or 85% of the total) while retaining around 598.5 BTC (about $47.38 million) as a bug bounty.
Odaily News Analyst Killa stated on platform X that, based on historical performance, when BTC begins to form a bottom and slowly trends upward, it often represents a favorable accumulation phase for altcoins. During the previous cycle, as BTC rose from $16,000 to $74,000, a large number of altcoins recorded gains of 300%–500%. However, as BTC continued to strengthen thereafter and its market dominance increased, many altcoins began to face downward pressure.Killa believes that if BTC has already formed its bottom this cycle, some altcoins may have also established cyclical lows, prompting a recent resumption of selective altcoin positioning. His SOL position, bought at $76, is currently up approximately 50%. The ASTER long position shared recently has a target of at least 50% to 100% upside. Additionally, the HYPE spot or long position established earlier at $51.55 has since risen roughly 70%.
Odaily News - The unrealized profits of Bitcoin short-term holder whales reached $9.07 billion on September 4, setting a new all-time high since this metric began being recorded in 2016. The figure fell to $7.51 billion on September 5, still ranking among the top five highest readings during the observation period.Unrealized profits reflect the difference between an asset's current market value and its on-chain cost basis, and do not indicate that holders have sold or realized those gains. Short-term holders typically refer to Bitcoin that has been recently transferred and held for no more than 155 days, with the metric further focusing on large-scale holders.On September 7, Bitcoin traded in the $79,300 to $79,500 range at one point, reaching an intraday high of $80,537 before slipping below $79,000, putting pressure on the immediate support level near $79,013. If that level fails to hold, the next support zone lies between $76,300 and $77,000. (Bitcoin.com News)
Odaily News: According to on-chain analyst Ember CN’s monitoring, Garrett Jin, the proxy for the “1011 Insider Whale,” has just closed a $107 million BTC long position, totaling 1,331 BTC.
Bitcoin News posted on the X platform that Chilean cryptocurrency exchange Orionx suspended withdrawals and gradually wound down operations after a forensic audit revealed that over $7 million had been transferred to wallets beyond its control. Orionx has filed a criminal complaint naming founders Joaquín Díaz and Roberto Zibert, alleging that client assets were used in external trades between 2018 and 2021. Chile's Financial Market Commission stated that Orionx continued operating after its fintech business authorization was rejected in July. More than 100,000 users are not guaranteed full recovery of their assets.
Odaily News: According to Lookonchain monitoring, US Bitcoin ETFs recorded a net inflow of 2,038 BTC today, while Ethereum ETFs saw a net inflow of 22,023 ETH.
Odaily News DWF Labs stated that last week, BTC and ETH ETFs recorded a combined net inflow of approximately $1.2 billion, marking the third consecutive week with inflows exceeding $1 billion — the first time since July 2025. Among this, BTC ETFs saw net inflows of around $987 million, with a single-day inflow of $731 million on September 3, ranking as the third highest this year. The AUM of BTC ETFs rose to $103.3 billion, accounting for approximately 6.32% of BTC's total supply.Meanwhile, open interest denominated in BTC dropped from 762,200 BTC in mid-August to 669,600 BTC. Over the same period, BTC climbed from around $63,000 to $80,000, indicating that the recent price movement has been driven more by spot capital flows rather than leverage.
Odaily News - According to the Bitfinex Alpha analysis report, August employment data has reinforced expectations of a Fed rate hike in September. The market now estimates the probability of a 25-basis-point hike on September 16 at approximately 60%. However, Bitcoin remains near $80,000, with US spot Bitcoin ETFs recording net inflows of approximately $986.7 million last week.Data shows that US non-farm payrolls increased by 162,000 in August, while the unemployment rate held steady at 4.1%. The manufacturing PMI rose to 54.6, indicating that the economy has not shown signs of a sharp slowdown. Nevertheless, input costs remain elevated, and inflationary pressures have shifted market policy discussions back toward rate hikes.Meanwhile, US Treasury yields continue to weigh on risk assets, with the 2-year yield climbing to 4.37% and the 30-year yield holding at a high of 5.24%. Bitfinex notes that Bitcoin has encountered resistance near $82,000 recently and remains range-bound between approximately $77,200 and $82,100.Bitfinex believes that sustained ETF inflows and growth in stablecoin supply are providing support for Bitcoin, but Fed policy expectations and elevated Treasury yields are limiting upside potential. If this week's inflation data comes in below expectations, the market may once again price in a pause in rate hikes for September; conversely, persistent inflationary pressures could further strengthen rate hike expectations. Until a breakout from the current consolidation range occurs, Bitcoin is more likely to maintain a relatively strong sideways trend rather than confirming the start of a new upward rally.
Odaily News, Binance Research's September monthly market report shows that the total cryptocurrency market capitalization rose 17.6% in August to $2.70 trillion, with ETF inflows that month posting their strongest performance since 2026. BTC rose 24.8% within a seven-day period, ranking in the top 1% of weekly gains since 2020. In terms of user asset allocation, the crypto allocation ratio among equity holders rose from 64% to 72%, while stablecoin allocations fell 22%; TradFi perpetual futures trading volume share dropped from 40% to 20%, signaling a clear回流 of capital and trading activity into crypto assets.
: Cathie Wood has re-bought Robinhood (HOOD) after a 9-day pause, adding 28,589 shares via the ARK Innovation ETF on September 4, valued at approximately $3.5 million. She had previously sold 25,009 shares on August 26.Robinhood has been performing strongly recently, with its stock price climbing over 30% in the past month. During the same period, Bitcoin rose about 23% and is approaching $80,000. On September 4, Deutsche Bank raised its price target from $115 to $136, maintaining a "Buy" rating, driven by explosive growth in Robinhood Chain fee revenue — daily revenue jumped from under $200,000 in mid-August to over $3 million in early September. Deutsche Bank projects the annualized run rate will exceed $100 million.As of September 4, HOOD has become the seventh-largest holding in the ARK Innovation ETF, with a weight of 4.28%. During the same period, Wood also bought shares of Veracyte, Intellia Therapeutics, and the 3iQ Solana Staking ETF, while reducing positions in Tempus AI and Twist Bioscience.
According to QCP's market report, in the crypto market, Bitcoin initially climbed above $82,000 early in the week before pulling back to around $79,300; Ethereum remained steady at approximately $2,500. From September 1 to 4, spot Bitcoin ETFs recorded $770 million in net inflows, indicating that institutional capital continues to participate in market pricing.
According to CoinDesk, Bitcoin has faced persistent pressure near the $83,000 key resistance level, failing to surpass its earlier May high before retracing below $80,000. Data from Glassnode reveals that wallet cohorts have collectively entered a net distribution phase for the first time since early June, with whale wallets holding at least 1,000 BTC displaying the clearest selling trend. Previously, Bitcoin rallied from around $64,000 to $79,000 in mid-August. Currently, Bitcoin is also encountering resistance near the 50-week moving average, but if the 50-day moving average crosses above the 200-day moving average to form a "golden cross," it may provide some support to bulls.
Jiang Zhuo'er of ViaBTC Pool stated that he previously opened a short position on BTC at $82,050 and has now closed it at $79,480 to take profit. He has since fully restored his spot Ethereum position, awaiting further upside. His trading rationale includes: current market sentiment is positive, with Ethereum rallying to $2,536 early this morning, nearing the previous high of $2,547; Ethereum acts as the engine of this bull cycle rather than a follower, and its leading gains may indicate that Bitcoin will follow. Additionally, spot ETFs continued to see inflows from September 3 to 4, with a record $730 million influx recorded on September 3. Until ETF flows reverse to sustained outflows, only short-term short positions are viable.
According to Galaxy Research, in the Coldcard wallet attack incident, the Wave 3 attacker has transferred approximately 45% of the stolen Bitcoin, with the related funds routed to Ethereum via THORChain or entering CoinJoin transactions to increase tracking difficulty. Galaxy stated that the attacker previously created 293 2-of-2 multisig vaults to hold victim funds, draining them from largest to smallest amount, and the funds in the 11 largest vaults have now been fully transferred out.
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's 30-day realized market cap change rate turned positive on August 24 after being negative for 87 consecutive days, reaching +0.88% on September 6. The realized market cap hit $1.068 trillion, increasing by $9.36 billion over the past 30 days, indicating an improvement in the on-chain cost basis after a prolonged contraction, which continued to rise while Bitcoin's price fluctuated around $80,000.
Analyst Edgy from The DeFi Edge stated that Bitcoin ETFs attracted approximately $3.54 billion in August, while Ethereum ETFs drew in around $1.84 billion. During the trading week of August 24–28, SOL ETFs registered a net inflow of $142.7 million, XRP ETFs $110.5 million, and HYPE ETFs $56.8 million, totaling roughly $310 million, highlighting market demand beyond BTC and ETH. However, in the following week of August 31 to September 4, SOL’s net inflow plummeted to $4.9 million, HYPE dropped to $12.3 million, whereas Bitcoin ETFs continued to attract $987 million during the same period. Analysts noted that capital inflows into altcoin ETFs have yet to establish a sustained trend, and whether they can maintain steady absorption capacity over the next month remains a key metric to watch.
According to on-chain analyst Darkfost (@Darkfost_Coc), Bitcoin has just undergone its most severe deleveraging phase since 2023, with Binance open interest dropping sharply below its 180-day moving average. This period also saw the largest historical two-sided long and short liquidation events for Bitcoin in the current cycle unfold. Binance open interest currently stands at $9.6 billion, remaining above the $8.3 billion 180-day average and accounting for roughly 37% of Bitcoin's total network open interest, surpassing the levels observed during the earlier May rally—when that very threshold helped drive BTC back to $82,000. Meanwhile, measured by the 365-day cumulative net buy volume (the difference between spot purchases and sales), Bitcoin's current buying pressure has reached its strongest level since the previous bear market. Analysts note that while this correction clearly took a toll on traders, early signs of market recovery are already emerging, laying the groundwork for a bullish Bitcoin rebound; nevertheless, elevated leverage ratios remain a risk that warrants caution, as they could spark another round of intense deleveraging.
Odaily News: The attacker behind the Coldcard "Wave 3" exploit continues to move stolen funds. In this phase, the attacker created 293 separate 2-of-2 multisig vaults for each victim's assets. On September 2, the first batch of funds was bridged to Ethereum via THORChain; the latest round of transfers has begun entering the CoinJoin mixing process.Currently, the Wave 3 attacker is processing the largest holdings in descending order by stolen amount, having already transferred vaults ranked 1 through 11 in sequence. The next 10 vaults yet to be transferred collectively hold 30.81 BTC, while vaults ranked 61 through 293 collectively hold 33.77 BTC.To date, the attacker has moved approximately 45% of the assets stolen in this exploit, with funds either flowing to Ethereum or entering CoinJoin mixing transactions. This latest transfer activity has also revealed a previously unknown vault: 58 addresses jointly spent funds via a 2-of-2 multisig setup in the same format as Wave 3, with the Wave 3 attacker subsequently routing them to a jump address that funds CoinJoin transactions.This vault is currently marked with "cause = open," but it is highly likely to belong to Coldcard victims as well, which could bring the total number of vaults involved in Wave 3 to 294 and push the previously disclosed total stolen in the Coldcard exploit to approximately 1,806 BTC. At present, roughly 82% of the stolen BTC remains in addresses initially controlled by the attacker, while approximately 18% has been moved, with fund flows suggesting it may be undergoing laundering.
Odaily News DeFi researcher Ignas posted on X: "After David Hoffman (Bankless founder) sold his ETH, he reallocated his portfolio into some of the best-performing tokens, such as LIT and ZEC. NEAR also performed well, and only VVV underperformed the broader market. Although the market was full of fear, uncertainty, and doubt (FUD) at the time, and it was also very close to the ETH bottom, the goal of aggressive crypto investors has always been to outperform BTC and ETH. Well done, David."Previously reported, Bankless co-founder David Hoffman announced in June this year that he had sold all his ETH and bought VVV, NEAR, ZEC, HYPE, and LIT.