Bitcoin and Ether’s August gains clash with BitMEX’s planned September shutdown
BTC returned 26% and ETH gained 34% in August 2026 as perps and funding became exchange table stakes.
BTC returned 26% and ETH gained 34% in August 2026 as perps and funding became exchange table stakes.
Proceeds were rotated into ETH and SOL and sent to Kraken, LBank, and KuCoin as Trump touted a CFTC-led “fully compliant” pathway.
The brokerage cited OSC data showing ownership rose to 25% this year from 10% in 2023 as Canada debates a stablecoin framework.
The 65-week accumulation streak leaves the firm near its stated 5% target despite about $5.1B in unrealized losses.
About $6 million was reportedly bridged to Ethereum before the stop, with no restart timeline announced.
Funding jumped 42% on Binance under $80,000 while ETFs saw $201M+ in net outflows on Aug. 28.
CME bitcoin futures open interest rose to about 122,000 BTC as CryptoQuant flagged a rare hedge-fund net-long flip.
The bank tied any expansion beyond Bitcoin to Sept. 1’s regulated-crypto framework as its CFO questioned digital ruble demand.
Avici says $500,800 was taken from 1,685 users’ card-funding balances, with refunds promised but no timeline given.
The call lands as Treasury doubles long-end bond buybacks to $4B per operation starting Sept. 9.
He argues dashboards miss off-contract collateral use and that settlement speed, not composability, caps leverage loops.
Total category assets fell to $97.6B after briefly topping $100B as BTC traded below $78,000.
The thesis leans on Bitcoin’s reported 25% August gain and an un-sourced claim of the biggest Bitcoin ETF inflows since Oct. 2025.
The proposal targets roughly 3 TPS throughput but flags “a security proof is TODO” and wallet-side fund-loss risks.
The MiCA-aligned token launches first on Ethereum as Revolut prepares to withdraw USDT in the EEA and Switzerland.
Flop Labs is reviewing an October airdrop of about 20% of supply, with tokenomics and eligibility still being adjusted.
Relayer founder Austin Barack will serve as CIO as the firm targets undervalued tokens and crypto-related equities.
The same weekly packet framed Bitcoin’s move around $69,000 as macro-led, but also cited ~$77,000–$78,000 in an editor’s note.
The firm said it is 97% of the way to its 5% ETH-supply target as Ether reclaimed $2,500.
Chen said Bitcoin’s ~$79,000 rally looks fragile to her, even as she allows for a $20,000 higher year-end print.