Bitcoin (BTC) — Onchain News & Whale Tracking

Galaxy's Head of Research: Bitcoin Rises Above 50-Week Moving Average, May Signal Bottom Confirmation

Alex Thorn, head of research at Galaxy, noted in a post that Bitcoin (BTC) is currently trading strongly, with its price above the 50-week moving average. Historically, a breakout above the 50-week moving average has served as a key level confirming the formation of a bear market bottom. If the weekly line closes above the 50-week moving average this Sunday, this trend will be further confirmed.

Opinion: Bitcoin is expected to break through quickly if it hits the $83,000 to $86,000 range, forcing short sellers to cover their positions.

Glassnode stated in a post that Bitcoin (BTC) is gradually approaching a thickening liquidation zone, with dense liquidation orders concentrated around the $83,000 to $86,000 range. If the price hits this area, BTC could quickly break through the range as short positions— which have been accumulating for weeks— are forced to close out.

A crypto whale lays out 10 key targets, still holds that Bitcoin will target $100,000 once it stabilizes at $80,000.

Crypto whale "Set 10 Big Goals First" posted on social media, stating: "I said earlier this month that if Bitcoin holds steady above $80,000, it will target $100,000 – the last chance to get in."

If Bitcoin breaks through $83,000, the cumulative liquidation volume of short positions on major centralized exchanges (CEXs) will reach $560 million.

According to Coinglass data, if Bitcoin breaks through $83,000, the cumulative short liquidation intensity on major centralized exchanges (CEXs) will reach $560 million. Conversely, if Bitcoin falls below $79,000, the cumulative long liquidation intensity on major CEXs will hit $477 million. BlockBeats Note: Liquidation charts do not display the exact number of pending liquidations or the precise value of liquidated contracts. The bars on these charts instead represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., their intensity. Thus, the chart shows the degree of impact when the underlying asset’s price reaches a certain level. A higher "liquidation bar" indicates that once the price hits that level, it will trigger a stronger reaction driven by liquidity waves.

Bitcoin rallies to hit $81,000.

According to HTX market data, Bitcoin rallied to hit $81,000, now priced at $81,000, with a 5.85% 24-hour gain.

Bitcoin ETFs See $154M Inflow, Ethereum ETFs Lose $71.75M in Single Day

Sept 18 Update: #Bitcoin ETFs: 1D NetFlow: +1,955 $BTC(+$154.39M)?? 7D NetFlow: -6,715 $BTC(-$530.42M)?? #Ethereum ETFs: 1D NetFlow: -28,356 $ETH(-$71.75M)?? 7D NetFlow: -42,976 $ETH(-$108.74M)??

Bitcoin breaks through the $80,000 mark.

According to HTX market data, Bitcoin has surged past $80,000, currently trading at $80,150, with a 4.99% increase in the past 24 hours.

Jiang Zhuoer: Bitcoin expected to hit the resistance range of $83,000 to $84,000, and will pull back after a "short squeeze"

Jiang Zhuoer, founder of LeBit Mining Pool, noted in a post that Bitcoin has halted its decline and rebounded before falling below $75,000, aligning with his earlier forecast. Given the recent rapid rally, Bitcoin may test the high resistance zone of $83,000 to $84,000 next. After short positions are liquidated, Bitcoin still has a chance to pull back to the $72,000 to $74,000 range to further clear out long positions.

Bitcoin surges past $79,000

According to HTX market data, Bitcoin has risen above $79,000, currently priced at $79,084 with a 3.75% 24-hour gain.

Bitcoin treasury firm ProCap Financial added to Russell 2000 and Russell 3000 indices

Anthony Pompliano’s bitcoin treasury firm ProCap Financial has been added to the Russell 2000 and Russell 3000 indices. The inclusion will take effect when U.S. stock markets open on September 21 (next Monday). The company previously announced it would rebrand to Silvia, Inc. on September 22, with its stock ticker changed to “SVIA”.

Bitcoin surges past $78,000, Ethereum breaks through $2,500

According to HTX market data, Bitcoin has surpassed $78,000, with a 2.01% gain in the past 24 hours. Ethereum has broken through the $2,500 level, posting a 1.22% increase over the same period.

Analyst: Bitcoin’s minor rebound is driven by short liquidations, its sustainability remains to be seen.

Analyst Axel Adler Jr. pointed out that over the past 24 hours, Bitcoin has climbed from $76,300 to $77,400, as the market’s buying-selling power balance has shifted toward buyers. Short positions make up the vast majority of liquidations: traders who bet on a price decline have been forced to close out their positions, a move that has in turn supported the upward price trend. The liquidation pressure oscillator rose from +0.48 a day prior to +54.52 as of September 18, and has stayed positive since the morning of September 17, signaling that the current short covering-driven dynamic remains in place. The analyst also flagged the fragility of this advantage: if the liquidation pressure oscillator drops back to zero, the liquidation balance will shift back to favor longs, and forced liquidations of bullish positions will generate selling pressure and deepen a downturn. This rally is clearly characterized by being driven by a short squeeze, with buying power only established over the past several hours. Whether this can translate into a more sustained upward move hinges on whether the liquidation structure can hold in a range favorable to longs.

Willy Woo: Bitcoin’s Fisher Transform golden cross points to a bottom, marking the 4th bottom signal in history.

Renowned crypto analyst Willy Woo analyzed Bitcoin’s (BTC) monthly chart using the Fisher Transform indicator, noting that the current golden cross on the metric marks the 4th bottom signal in history, with no false breakouts in the prior three instances. However, Woo emphasized this is not an immediate reversal buy signal; prices may first consolidate sideways before moving in their original trend. He added that during bull markets, the Fisher Transform has previously triggered a bearish death cross followed by a bullish golden cross, with the uptrend still intact afterward. Woo distinguishes between market tops and bottoms: At tops, long-term investor buying dries up, while speculative buying continues to push prices higher. The rally relies on momentum rather than sustained long-term holding support, leading to frequent false turning points. As such, Woo’s strategy is to reduce positions gradually instead of predicting exact peak levels. At bottoms, price drops create a buying vacuum as speculative investors exit. When prices fall to levels long-term investors deem valuable, buying resumes. With speculative activity limited, reversals are cleaner, making many technical indicators more reliable at bottoms than at tops. The Fisher Transform is a technical indicator developed by U.S. quantitative researcher John Ehlers in 2002. It first compresses prices and applies a mathematical transformation similar to normalization to make price distributions closer to a bell curve. This causes the indicator to spike or drop sharply near extremes, with more distinct turning points. Traders typically use golden crosses/death crosses of the indicator’s two lines to identify potential turning points, though the Fisher Transform signals a possible shift in price rhythm rather than an immediate reversal.

ZEC's founding scientist: ZEC's recent price surge is partly driven by concerns that Bitcoin has become overly rigid.

Eli Ben-Sasson, one of Zcash (ZEC)’s founding scientists, noted that some people—especially Bitcoin supporters—might not take kindly to his remarks, but he felt compelled to share them. He attributed ZEC’s recent price rally in part to concerns that Bitcoin has grown overly ossified, adding that he himself has a deep affection for and cares greatly about Bitcoin.

VanEck: Bitcoin Could Rise to $100,000 Next Year, Supported by Fiscal Concerns

VanEck Head of Digital Assets Research Matthew Sigel told CNBC in an interview that Bitcoin could surge to $100,000 next year, as concerns over government debt and fiscal sustainability underpin its price. Bitcoin’s volatility has fallen by roughly 50% compared to four years ago, a clear indicator that this cycle differs significantly from the previous one. Widespread over-indebtedness among global governments has helped Bitcoin maintain its resilience, he added. Sigel also noted that put options are trading at a substantial premium to call options, and the U.S. Treasury’s repurchase (repo) program has triggered a large wave of short covering, making the current time window favorable for Bitcoin bulls. Policymakers are unlikely to resolve unsustainable fiscal conditions, and further easing of market liquidity would provide an even stronger boost to Bitcoin. Discussions between VanEck and institutional clients including investment advisors and sovereign wealth funds show that these entities are all buying Bitcoin. VanEck also forecasts that the stablecoin market will continue to grow. While stablecoin regulation has been enacted into law via the GENIUS Act, banking lobby groups are still attempting to renegotiate the relevant arrangements. Earlier, the U.S. Senate failed to advance the Clarity Act, which aimed to establish a regulatory and market structure framework for crypto assets.

Bitcoin treasury firms have an average BTC holding cost of approximately $80,500, adding just 5,900 BTC over the past three months.

Glassnode data shows Bitcoin treasury firms have added just ~5,900 BTC over the past three months. At the current spot price of roughly $76,400, this translates to around $451 million in value. Most of these purchases came from Strategy, including 4,603 BTC it acquired in late August. By contrast, Bitcoin treasury firms added over 100,000 BTC in the same period last year—with 89,000 BTC bought in July 2025 alone. The average holding cost for these firms is approximately $80,500, some 6% higher than the current spot price, leaving the group overall in an unrealized loss position. Bitcoin Treasuries data indicates 181 listed companies collectively hold around 1.22 million BTC, with Strategy holding roughly 845,050 BTC. Other demand metrics have shown mixed results. U.S. spot Bitcoin ETFs have attracted billions of dollars in inflows since early August, but their year-to-date cumulative net inflows still lag by roughly $10 billion to turn positive. The Coinbase premium indicator has been negative for most of the period since May, while total stablecoin supply this year has largely stayed between $300 billion and $310 billion, with no notable growth recently.

Ansem: ZEC is currently in a phase comparable to Bitcoin's 2017 bull market launch period.

Crypto trader Ansem stated in a post that he has been bullish on ZEC since its price was around $300, with the privacy token now rising to roughly $1,500. He believes ZEC’s current stage mirrors Bitcoin’s position ahead of its 2017 surge from $1,000 to $20,000, and expects Zcash’s market performance to remain strong this year and next.

Yesterday, Bitcoin ETFs posted a net inflow of $159.5 million, while Ethereum ETFs recorded a net outflow of $39.3 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net inflow of $159.5 million yesterday, with IBIT seeing a net inflow of $183.7 million. Ethereum ETFs, meanwhile, posted a net outflow of $39.3 million, among which ETHA had a net outflow of $42.9 million.

Bitcoin Surpasses $77,000

According to HTX market data, Bitcoin has surpassed $77,000, posting a 0.96% gain in the past 24 hours.

Following the interest rate hike's implementation, US stocks staged a strong rebound, with chip stocks leading the rally; crypto treasury stocks rose broadly, while Bitcoin remained stuck at the bottom.

U.S. stocks closed on Thursday: the Dow Jones Industrial Average initially rose 0.6%, the S&P 500 gained 1.1%, and the Nasdaq climbed 1.69%. According to market data from BIT (bit.com), individual stocks saw chip stocks leading the gains: SK Hynix rose 4.6%, Nvidia gained 2.5%, AMD climbed 6%, Intel jumped nearly 7.6%, Arm advanced nearly 9%, and SanDisk increased 6.21%. While Bitcoin remains in a sideways consolidation phase at the bottom, crypto treasury stocks rose broadly yesterday. Among them, HYPE treasury stock PURR gained 12.15%, BNB treasury stock BNC climbed 13.87%, and both BMNR and MSTR rose nearly 5%. U.S. oil fell below the $100 threshold during the session, while Brent crude once dropped more than 4%. Spot gold rallied nearly 3% at one point, and New York copper rose over 2%.

Bitcoin and Ethereum ETFs See Massive Outflows: $328M BTC, $186M ETH in 24 Hours

Sept 17 Update: #Bitcoin ETFs: 1D NetFlow: -4,300 $BTC(-$328M)?? 7D NetFlow: -12,061 $BTC(-$919.92M)?? #Ethereum ETFs: 1D NetFlow: -76,217 $ETH(-$186.28M)?? 7D NetFlow: -32,343 $ETH(-$79.05M)??

PlanB: Bitcoin price has fallen below mining costs, future market performance hinges on a rebound in mining difficulty.

Renowned crypto analyst PlanB released a chart comparing Bitcoin’s network mining difficulty and price, noting that investors should wait for Bitcoin’s mining difficulty to rebound. The chart shows that as of September 16, the network’s total mining difficulty stood at around 127T, with Bitcoin’s price clearly trading below its production cost band. Between 2024 and 2025, the two metrics rose largely in tandem; in 2026, mining difficulty shifted to sideways movement and even dipped briefly, while Bitcoin’s price led the decline. PlanB argues that mining difficulty is a more accurate reflection of Bitcoin’s market price at this stage than models like S2F (Stock-to-Flow) and the power law, as it closely correlates with miners’ computing power and BTC production costs. He also emphasized that this is not an immediate buy signal, but rather a key metric to monitor miners’ production cycles: if mining difficulty rises again, it may signal miners ramping up operations, further confirming a market bottom; if difficulty continues to decline, the market remains in a deleveraging phase.

Bitcoin breaks through $77,000, posting a 1.77% gain in the past 24 hours.

According to HTX market data, Bitcoin has broken through $77,000, posting a 1.77% gain in the last 24 hours.

Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.

According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.

A prominent trader discusses FOMC’s impact on crypto: Macro narratives are mostly noise, and Bitcoin prices typically move ahead of macro trends.

Prominent trader Killa has shared insights on the potential impact of this week’s upcoming FOMC meeting on the crypto market. He noted that while many heavily rely on macroeconomics, policies, and economic data to predict asset moves, Killa argues "most macro narratives are just distractions." Killa explained that BTC often begins moving before its driving cause becomes obvious. By the time the macro environment shifts and the broader market catches on, Bitcoin has usually already completed its price move. Correlations tend to lag; markets don’t move because most people understand them—most people understand them because the market has already moved. On September 12, Killa analyzed that Bitcoin has been in repeated consolidation recently, with the market repeatedly hunting long positions below prior lows to clear leverage and gradually erode the confidence of long holders. This continuous "sweep lower" behavior typically signals the market’s final intent to reward longs, where the last sweep marks a local bottom, after which prices rally higher. A BTC-focused quant trader, Killa previously predicted the peak of this bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then shifted to long positions during the broad market sell-off on June 5.

UK-listed public company Satsuma has sold all 669.4867 bitcoins, and plans to return 30.719 million GBP to eligible shareholders.

UK-listed firm Satsuma Technology sold all 669.4867 bitcoins between July 24 and 31 at a volume-weighted average price of ￡47,667 per BTC, raising ￡31.912 million. The High Court of England and Wales approved on September 8 the cancellation of 11.236 billion Class B shares, and ordered a ￡30.719 million distribution to eligible shareholders, equal to ￡0.002734 per Class B share; each holder of common shares at the record date received one Class B share. After deducting approximately ￡2.6 million in transaction and termination costs and retaining ￡2 million in working capital, the funds are expected to be disbursed by September 28 via check, bank transfer, or CREST. The company had previously planned to delist from London on September 14, but the process has not yet been confirmed as completed.

Monday got off to a "bad start" for the crypto market, with the downturn continuing as Bitcoin fell below $77,000.

Trump once again urged the Federal Reserve to maintain low interest rates on Sunday, but after August inflation exceeded expectations, market bets on the Fed raising rates this week have risen to over 85%. Dual pressures from rate-cut and rate-hike expectations have left Walsh trapped in a "no-win situation". According to HTX market data, the crypto market continues its correction: Bitcoin fell below $77,000 to trade at $76,720, Ethereum at $2,474.88, BNB at $716.25, SOL at $99.61, and ZEC at $1,064.6. The total market capitalization of cryptocurrencies dropped 0.8% in 24 hours to $2.718 trillion. Per BIT (bit.com) market data, during Asian morning trading, both WTI crude oil and Brent crude oil saw their intraday gains expand to over 3% at one point. On the news front, Saudi Arabia shut down its east-west oil pipeline as a precaution following a prior attack, and a Gulf region conference has been postponed.

Viewpoint: Bitcoin has not hit a new high in nearly a year, and the historical pattern of quickly rallying to new highs after halving is now failing.

CryptoQuant analyst Darkfost noted that Bitcoin has not hit a new all-time high in nearly a year. As of now, it has been roughly 342 days since the last all-time high, approaching a full year. In previous cycles, Bitcoin would reach a new all-time high shortly after a halving, but this cycle’s pace has slowed. The next halving is expected around April 2028. Additionally, the interval between the previous cycle’s peak and the next all-time high has been shrinking: 1,180 days between 2014–2017, 1,094 days between 2017–2020, and 849 days between 2021–2024. Based on this trend, Darkfost inferred that if the shortening trend continues, even though Bitcoin has taken a year to break its prior all-time high this cycle, the new high may arrive faster than in previous cycles—there is no need to wait until 2028 under the old template of hitting a new high immediately after a halving. The cycle template is becoming less relevant, but the interval between new highs is shrinking and a new high is inevitable.

Garrett Jin: Bitcoin bulls are in an unfavorable position; the longer the bottom-digging market lasts, the higher the likelihood of breaking the support level.

Agent of the "BTC OG Insider Whale" Garrett Jin released a market outlook, stating that Bitcoin bulls are currently in an unfavorable position. BTC has been stuck above the $76,500 level, and he is not keen on this grinding bottom market. The longer this consolidation lasts, the more likely it is that this support level will be broken, leading BTC to seek a lower support rather than reversing immediately. For Bitcoin to look stronger, it must first reclaim and hold above the $78,300 level at minimum.

Analysis: The majority of investors who bought Bitcoin (BTC) in the past 3 to 6 months are reluctant to take profits at present, and have shifted to medium- to long-term trading.

Analyst Murphy says on-chain data can clearly reveal the trading sentiment of representative investors in the current phase. First, the group that bought BTC in the past 3–6 months has seen very little profit. In other words, most of those who bought at the bottom during this period are unwilling to take profits at current levels. These are the STHs (Short-Term Holders) closest to LTHs (Long-Term Holders). Traders not selling now are likely targeting medium- to long-term positions. Additionally, the group that bought BTC in the past 6–12 months has suffered significant losses, almost covering all tokens accumulated during the entire bear market. Many LTHs in this group are not genuine believers; they only became long-term holders passively after incurring unrealized losses. Thus, they are the most volatile group during every major dip or rally. From a macro cycle perspective, BTC will not fully enter its next phase until this selling pressure is gradually exhausted. Recently, Murphy published an article discussing why Bitcoin has struggled to break through the $82,000 level. First, STHs’ (Short-Term Holders) tokens are concentrated between $59,000 and $81,000. A break above $82,000 would trigger profit-taking from some short-term speculative capital, creating the first layer of selling pressure. Second, the most concentrated price range for LTHs’ (Long-Term Holders) tokens is exactly between $81,000 and $82,000. LTHs tend to exit when prices approach their break-even point, forming the second layer of selling pressure. The analyst notes that breaking through $82,000 is indeed a short-term resistance, as the market needs time to resolve divergences and absorb supply. Once the market regains momentum and successfully breaks through, the path ahead will be clear.

Bitcoin drops below $77,000, posting a 0.44% decline in the past 24 hours.

According to HTX market data, Bitcoin has fallen below $77,000, with a 24-hour decline of 0.44%.

Analyst: Bitcoin’s rally drives a slight rebound in activity among long-term holders, with the overall market set to remain relatively calm in 2026.

CryptoQuant analyst Darkfost stated in a post that this cycle could mark the most active period for Bitcoin Long-Term Holders (LTHs) in the current market cycle. Using the Coin Days Destroyed (CDD) heatmap to track relevant shifts, he explained that the metric counts how many days a Bitcoin is held before being spent or transferred, noting that LTH BTC transfers are generally linked to selling intentions. The uptick in LTH activity this cycle is likely fueled by increased market liquidity from spot Bitcoin ETFs and companies building Bitcoin treasury reserves. However, a rise in CDD does not always coincide with market tops—it can also signal capitulation by some holders. He added that Coinbase’s recent transfer of 800,000 BTC, a large portion of which had been held for over six months, also caused a temporary CDD spike, though such asset moves are one-off events. Currently, amid Bitcoin’s recent rally, LTH activity has edged up slightly, likely as some holders aim to lock in quick profits. Overall, however, such activity remains subdued in 2026, with long-term holders still waiting on the sidelines.

If Bitcoin falls below $76,000, the cumulative long position liquidation amount on major centralized exchanges (CEXs) will reach $394 million.

According to Coinglass data, if Bitcoin falls below $76,000, the cumulative long liquidation intensity on major centralized exchanges (CEXs) will reach $394 million. Conversely, if Bitcoin breaks above $78,000, the cumulative short liquidation intensity on major CEXs will hit $227 million. BlockBeats Note: Liquidation charts do not display the exact number of contracts awaiting liquidation or the precise value of contracts being liquidated. The bars on the chart represent the relative importance (i.e., intensity) of each liquidation cluster compared to adjacent clusters. Thus, the chart shows the degree of impact a given price level of the underlying asset will face. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a more intense reaction due to liquidity waves.

Analyst: Bitcoin has bottomed out, with $71,200 as the next potential buying zone.

Crypto analyst Ali Charts posted that Bitcoin has bottomed out. For investors who missed the buying opportunity below $60,000, BTC’s current rise to the $77,000–$80,000 range may feel anxiety-inducing, but chasing the rally now is not advisable. He noted that during previous bull markets, Bitcoin’s short-term holder cost basis has repeatedly served as an attractive accumulation zone. Reviewing market performance from 2022 to 2025, whenever BTC touched or briefly dipped below this cost basis, a macro buying opportunity emerged, followed by a sustained overall uptrend. Currently, Bitcoin’s short-term holder cost basis stands at around $71,200. Waiting patiently for BTC to pull back to this zone could offer a more favorable entry point for the next potential rally.

Revolut has disclosed that some users' KYC and Bitcoin transaction data may have been leaked, while its systems and funds remain unaffected.

Revolut disclosed that an unauthorized third party used an email address under the legitimate domain of a government agency to submit fraudulent requests for customer data access, exposing sensitive information of a small number of clients. The firm labeled the incident a "complex external impersonation scam", has blocked the relevant email, and stated its own systems and customer funds remain uncompromised. Potentially exposed data includes names, dates of birth, residential addresses, email addresses, phone numbers, copies of identity documents such as passports and driver’s licenses, identity verification selfies, account statements, IBANs, withdrawal records, and full transaction histories—including Bitcoin transactions. Mt. Gox’s former CEO Mark Karpelès has stated he is one of the affected individuals. Revolut has not disclosed the number of affected customers, whether the incident is limited to a single market, or the government agency whose domain was misused. The company has notified relevant government agencies, law enforcement bodies, data protection authorities, and financial regulators. On-chain investigator ZachXBT speculates the incident may be limited in scale but targeted high-net-worth users.

CryptoQuant: Bitcoin Needs to Break Through $81,700 to Confirm a New Bull Market

CryptoQuant Head of Research Julio Moreno noted that Bitcoin has temporarily stalled after a 24% rally over two weeks, currently trading in a range of $76,000 to $82,000. The overall trend remains bullish, but a breakout above the 365-day moving average near $81,700 is needed to confirm a new bull market; failure to do so could see prices continue consolidating within the range. On-chain data shows the immediate and primary supply resistance zone is between $77,100 and $80,200, where long-term holders sold a maximum of 539,000 BTC within 30 days this year. Subsequent resistance levels stand at $83,600 and $88,700, with the $88,700 area historically prone to active traders taking profits. Should Bitcoin turn south, the 200-day moving average near $70,000 may act as support; another support zone lies between $62,000 and $65,000, where long-term holders have accumulated roughly 476,000 BTC this year.

Bitcoin Suisse plans to cut up to half of its Swiss-based employees and shift some of its business overseas.

Bitcoin Suisse plans to cut up to 60 jobs in Switzerland, roughly half of its local workforce, while shifting some software development and back-office functions overseas. The Zug-headquartered firm has around 200 global employees and manages over $3 billion in digital assets under custody. It will also shutter its Copenhagen IT development hub, retain its Bratislava business center, and establish a new hub in Vietnam. CEO and co-founder Andrej Majcen noted that operations in Bratislava and Vietnam have far lower costs, adding that the restructuring is driven by the company’s international growth strategy, not the current challenging crypto market conditions. Bitcoin Suisse also aims to expand its offerings beyond crypto trading, custody, staking, and lending to include wealth and asset management services for high-net-worth individuals and institutional clients. Its Liechtenstein subsidiary secured authorization under the EU’s MiCA framework in June.

AI investment boom squeezes stock and bond allocations; institutions say Bitcoin could become the "third leg" of traditional portfolios.

Swiss crypto asset platform Bitcoin Suisse stated in its 2026 Crypto Wealth Management Report that surging AI investments, rising government debt, and growing stock-bond correlation are eroding the risk-diversification ability of the traditional "stock-bond mix", further boosting the necessity of allocating to Bitcoin. The report projects that major U.S. cloud computing companies will exceed $800 billion in AI capital expenditure this year, potentially hitting $1 trillion by 2027. Bitcoin Suisse notes that AI investments are concentrated in a small number of tech firms, while related infrastructure construction is accompanied by large debt financing, which may further amplify concentration risks in investment portfolios. Backtesting of traditional portfolios by Bitcoin Suisse found that adding 1%, 2.5%, 5%, or 10% Bitcoin to portfolios consisting of stocks, bonds, gold, and money market assets improves both absolute returns and risk-adjusted returns. Specifically, when shifting bond allocations to BTC, the annualized yield rises from 6.2% (without BTC) to 7.2% with a 1% BTC allocation and 8.6% with a 2.5% BTC allocation. The report clarifies that Bitcoin is not a traditional safe-haven asset, but its scarcity and return drivers distinct from stocks and bonds are expected to provide a new source of diversification for investment portfolios.

Jiang Zhuoer: Bitcoin may pull back after liquidating positions above $76,000, holds a full position of Bitcoin short orders plus Ethereum spot

Jiang Zhuoer, founder of BTC.TOP (formerly LTCMine Pool), stated in a post that the most likely scenario for Bitcoin right now is to first clear the high liquidation zone around $76,000, with Ethereum (ETH) simultaneously testing its liquidation zone near $2,665. After clearing the $76k zone, two subsequent scenarios emerge: a) Bitcoin stops its decline and rebounds before hitting $75k, after which it is more likely to rally back to $80k, even touching the high resistance zone of $83k to $84k before a major correction; b) If Bitcoin decisively breaks below $75k, it will trigger a correction corresponding to its prior rally from $64k, projected to reach $70k to $72k before entering the next phase of the bull market. Jiang added that next week’s bill vote and Federal Reserve announcements could serve as key catalysts, so he is maintaining a neutral position: full short positions in BTC paired with full spot holdings in ETH.

Well-known Trader: Bitcoin’s Persistent Short-Term Volatility Aims to Hunt Longs and Crush Their Confidence

Renowned trader Killa published an analysis noting that Bitcoin has been in repeated choppy swings recently, with the market repeatedly hunting long positions below previous lows—aimed at liquidating leverage and gradually eroding the confidence of long-position holders. Killa argues that this continuous stop-hunting behavior typically signals the market’s ultimate intent to reward longs, with the final sweep marking a local bottom before prices extend higher. A BTC-focused quantitative trader, Killa correctly predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and shifted to a long position on June 5 amid the market’s broad sell-off.

Bitcoin derivatives open interest fell by approximately $1 billion over the past 24 hours, as the market cleared leverage amid sharp CPI-driven volatility.

According to data from crypto analyst @AxelAdlerJr, Bitcoin's futures contract open interest has decreased by 13,600 units over the past 24 hours, equivalent to roughly $1.051 billion. Separately, HTX market data shows Bitcoin experienced sharp short-term volatility after last night's CPI release: it dipped to a low of $76,000 before rallying to a high of $79,800, with the majority of contract leverage being liquidated during this period.

Analysis: Bitcoin sentiment indicator hits a two-year high, market frenzy is cooling down.

CryptoQuant analyst Darkfost stated that Bitcoin’s recent rally has lifted investor sentiment to its strongest level since March 2024. The market sentiment metric he tracked once surged above 89/100, entering the "extreme greed" territory. This indicator integrates multiple data points including the Fear & Greed Index, with a scale spanning -100 to +100, where -100 corresponds to extreme fear and +100 to extreme greed. Darkfost pointed out that extremely bullish or bearish market sentiment typically signals a potential trend inflection point. Currently, as prior market euphoria gradually recedes, the sentiment metric is cooling to a more normal level, while Bitcoin continues to struggle to defend its current price range.

Bitcoin's 'golden cross' emerged only to fail immediately, as Federal Reserve rate hike expectations rise to 86%

Bitcoin's daily chart "golden cross" only held briefly before failing again. On September 12, BTC briefly rose to $79,837, pushing the 50-day exponential moving average (EMA) above the 200-day EMA, but later pulled back to around $77,438, with the 50-day EMA falling back below the 200-day EMA. This move coincided with a sharp rise in expectations of Federal Reserve rate hikes. Latest data shows the U.S. core CPI month-over-month came in at 0.3%, higher than the market expectation of 0.2%; CME FedWatch data indicates the probability of the Fed raising rates by 25 basis points next week has climbed to 86.5% from roughly 69% following the CPI release. The market’s repricing of rate hikes put pressure on risk assets, leading Bitcoin to give up its earlier gains. However, Bitcoin’s medium-term trend has not fully turned bearish. The 4-hour timeframe’s 50-period EMA remains above the 200-period EMA, so the golden cross still holds; the daily Average Directional Index (ADX) stands at 45, signaling the overall trend remains strong. Meanwhile, the 4-hour Relative Strength Index (RSI) dropped to 43.3, with short-term momentum cooling significantly.

Yesterday, U.S. spot Ethereum ETFs posted a net inflow of $216.4 million, while U.S. spot Bitcoin ETFs recorded a net outflow of $13.2 million.

According to Farside's monitoring, U.S. spot Ethereum ETFs posted a net inflow of $216.4 million yesterday, while spot Bitcoin ETFs recorded a net outflow of $13.2 million, marking their fourth consecutive trading day of net outflows.

Morgan Stanley’s MSBT boosts its Bitcoin holdings by $4 million, with total inflows exceeding $50 million over two weeks.

According to monitoring by Onchain Lens, Morgan Stanley’s Bitcoin Trust (MSBT) received 51.58 BTC via Coinbase Prime approximately 5 hours ago, valued at around $4 million. Over the past two weeks, MSBT has accumulated a total of 641.87 BTC through related transfers, worth approximately $50.6 million at current prices. Official information from Morgan Stanley shows that MSBT is a spot Bitcoin product that holds actual BTC, with custody services provided by BNY Mellon and Coinbase Custody.

Blockstream Refuses to Pay Ransom: Stolen Bitcoin from Liquid Will Be Tracked and Recovered Through Legal Channels

Blockstream released a statement regarding the recent Bitcoin theft on its Liquid Network, stating it will not pay a ransom to recover stolen funds and rejects framing the unauthorized asset transfer as a "white hat disclosure". The company said it has engaged in good-faith communications with relevant parties to retrieve users' stolen funds, but will not accept the ransom demands put forward, nor set a precedent requiring open-source software developers to pay large ransoms. Blockstream added it remains willing to resolve the issue through responsible means; if the stolen Bitcoin cannot be returned, it will collaborate with law enforcement, exchanges, service providers and blockchain forensics experts to track and recover the assets while investigating those responsible. The company emphasized that Bitcoin transactions are publicly traceable, so relevant fund flows and on-chain evidence will not disappear. It stated: "We will not pay a ransom to return stolen assets, nor will we abandon our users." Prior to this, Blockstream had issued a security alert on the incident, warning that fraudsters impersonating Liquid and Blockstream are exploiting the situation to trick users into transferring funds or providing mnemonic phrases, and stressing that the official team will never ask users to send funds to so-called "recovery addresses".

Binance's BTC reserves rise to 693,000, hitting a two-year high, with Bitcoin facing a resistance level of $85,000.

Binance’s Bitcoin reserves have climbed to 693,000 coins, hitting a two-year high, an increase of roughly 77,000 since the end of April, and accounting for about 30% of total Bitcoin reserves across major trading platforms. As reserves surge, Bitcoin is facing strong supply pressure near the $83,000 to $85,000 range. Rising BTC balances on trading platforms mean more Bitcoin is available for immediate trading or sale in the market, though this does not equate to an imminent sell-off of these holdings. The market is also closely monitoring downside support levels. If BTC fails to hold the $75,000 level, selling pressure risks could escalate further; if it breaks through $85,000 with significant volume, it would signal that market demand is capable of absorbing the new liquidity on trading platforms.

Analysis: Why Bitcoin Can’t Break Through $82,000? Concentrated Gameplay Between Long-Term Holders, Short-Term Holders and Whale Groups

Analyst Murphy published a report explaining why Bitcoin is struggling to break through the $82,000 threshold, noting clues can be found in its coin holder distribution structure. First, Short-Term Holder (STH) coins are concentrated between $59,000 and $81,000 (marked red in Figure 1). A break above $82,000 would put all STHs in profit, prompting some short-term speculative funds to take profits, creating the first layer of selling pressure. Second, Long-Term Holder (LTH) coins are distributed across the entire price range, but their most concentrated price peak lies exactly between $81,000 and $82,000 (marked blue in Figure 1). Not all these LTHs are true "HODLers"—some are investors who got stuck in positions and became long-term holders passively, and may exit when prices approach their break-even points, forming the second layer of selling pressure. Additionally, this price level is also a hub for super whales: the group of whales holding over 100,000 BTC has two clusters near $40,000, with the rest concentrated between $78,000 and $82,000. The analyst believes there is indeed short-term resistance to breaking $82,000, as the market needs time to resolve divergences and absorb supply. Once the market regains momentum to break through, the path ahead will be clear.

Bitcoin falls below $78,000, with its 24-hour gain narrowing to 1.11%

According to HTX market data, Bitcoin has fallen below $78,000, with its 24-hour price gain narrowing to 1.11%.

Crypto whale sets 10 major targets: Bullish trend remains unchanged, Bitcoin successfully holds $74,000 after CPI shock

Whale "First Set 10 Big Goals" stated after today’s U.S. CPI data release triggered Bitcoin’s short-term "pin dip" to $76,046 that the leading cryptocurrency has not fallen below $74,000, and its bullish trend remains intact. The whale referenced an August 25 tweet in which he asked, "Which is more likely right now: a reversal or a major rally?" In that post, he noted the trend had reversed. "This round of momentum has been more intense than I initially imagined, so we can be bolder in our outlook. I believe it’s still not too late to enter at $80,000 or even above $80,000—there’s still room to grow. It’s very likely that $100,000 will be reached earlier than I originally expected."