Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The Indian Rupee has slid to near-record lows against the US Dollar, driven primarily by steep US tariffs on key exports such as steel, aluminum and agricultural products. Reduced export earnings and supply-chain disruptions have widened India’s trade deficit and strained foreign exchange reserves. A weaker rupee raises import costs—particularly for crude oil—fuelling inflation and eroding consumer purchasing power. It also increases the rupee cost of servicing foreign-currency debt. Policymakers face a dual challenge: stabilising the currency through monetary interventions and cushioning the economy against rising prices. The Reserve Bank of India may adjust interest rates and deploy forex reserves, while the government explores new trade partnerships and incentives for domestic manufacturing. Traders should monitor currency hedging strategies, diversify holdings and assess exposure to inflation-linked assets. For crypto investors, a depreciating rupee could spur demand for bitcoin and other digital assets as an alternative store of value.

Gate Launchpool released its August cryptocurrency airdrop report, distributing over $1 million in rewards across 10 projects. Participants staked $1.148 billion worth of assets, achieving an annualized yield up to 1363.1%. Additionally, Gate introduced GUSD staking, allowing USDT or USDC conversion at 1:1 with an 84.04% APY. Meanwhile, the Gate HODLer Airdrop featured eight new projects, requiring just one GT token to join. Both Gate Launchpool and HODLer Airdrop attracted over 100,000 users, offering high-yield, low-risk opportunities and enhancing early access to tokens. Gate Launchpool supports multiple tokens (GT, BTC, ETH, USDT, GUSD), distributing new coin rewards hourly. Users can further stake redeemed assets in a 7-day fixed product to earn up to 116.6% extra airdrop yield on top of original staking returns.

Security firm BlockSec detected a suspicious transaction on the Bunni DEX contract, causing an estimated $2.3 million loss. The Bunni DEX suspicious transaction was flagged by BlockSec’s monitoring system on September 2, 2025. The incident involves abnormal contract calls that appear to have drained liquidity from the decentralized exchange built on Uniswap V3. BlockSec shared a brief alert on X but did not disclose the specific exploit method. This security alert underscores ongoing smart contract vulnerabilities and the need for rigorous audits. Traders should review their exposure on DEX platforms, monitor on-chain activity, and adjust risk management strategies. Historical DEX exploits, such as Uniswap V3 pool attacks, demonstrate how vulnerabilities can trigger rapid fund outflows and market volatility.

Senegal is in talks with the West African Development Bank (BOAD) to finance its national digital transformation agenda. Minister Alioune Sall discussed expanding digital public services and strengthening digital sovereignty. The country’s New Technological Deal, launched by President Bassirou Diomaye Faye in February 2025, aims to increase the digital economy’s GDP share from 6% to 10% and digitalize 90% of government services by year-end. The roadmap has a 1,105 billion CFA Francs ($1.99 billion) budget, with a $1.7 billion funding gap BOAD may fill. BOAD, with $16 billion in commitments across eight West African nations, co-launched a Digital Transformation Fund with KfW in 2024. Senegal is also digitizing civil records under a revised Family Code and has completed 70% of its 30 million records to bolster its digital ID infrastructure.

Spot gold price reached $3,500 per ounce, a 33% year-to-date gain, driven by central bank accumulation, Fed rate-cut expectations, and geopolitical tensions. Market data shows a near 90% probability of a Fed rate reduction in September, weighing on real yields and the US dollar. Meanwhile, conflicts in Ukraine and elsewhere have bolstered safe-haven demand, with Bank of America and Goldman Sachs forecasting gold’s next target at $4,000. The gold price rally has spotlighted real-world asset (RWA) tokenization, where digital gold tokens—such as Matrixdock’s XAUm on the Sui blockchain—offer 24/7 trading and fractional ownership, backed 1:1 by physical bullion stored in secure vaults. However, regulatory, liquidity, and cross-chain interoperability challenges remain. For crypto markets, Bitcoin may follow gold’s lead. Whale movements and a shift into Ethereum signal a possible altseason, but BTC is likely to trade sideways through September. If gold’s breakout serves as a leading indicator, Bitcoin could test $130,000 in the coming months, assuming macro uncertainty eases.

Ethereum price could dip as analyst Benjamin Cowen forecasts a September sell-off pushing ETH back to its 21-week EMA near $3,500, a potential 20% decline. Historical data from CoinGlass shows six of the past ten Septembers in bull markets saw average losses of 6%, with deeper declines of 21.6% in 2017 and 12.5% in 2021. Despite bearish short-term pressure from retail selling and lower highs, long-term outlook remains bullish. Wall Street embraces Ethereum, whales continue buying, and spot ETH ETFs and treasuries acquired 2.56 million ETH in August—over 33 times net issuance of 76,709 ETH. Traders may seize this buy-the-dip chance before a year-end rebound to new all-time highs.

Former President Donald Trump is set to deliver a Trump speech at the White House on Tuesday at 2 PM ET as health rumors swirl following comments from former Vice President Mike Pence. Official sources, including Axios and reporter Barak Ravid, confirm Trump is in good health and was active this morning. Crypto markets often react to political developments and verified health updates, which can shift risk sentiment and liquidity. While no immediate directives for traders arise from the Trump speech announcement, risk-on/risk-off flows may cause short-term volatility across digital assets. Traders are advised to monitor reliable statements, manage position sizing prudently, and align strategies with established risk frameworks.

Bruce Liu of OP_CAT Labs is leading a campaign to re-enable the long-disabled OP_CAT opcode in Bitcoin’s Script, aiming to transform Bitcoin from static digital gold into programmable money. Speaking at BTC Asia in Hong Kong, Liu argued that OP_CAT—originally coded by Satoshi Nakamoto and merely commented out—would allow data concatenation in scripts. This change could unlock advanced features such as vaults, covenants, decentralized exchanges and zero-knowledge proofs. Despite past security concerns over denial-of-service attacks, Liu and co-founder Mate Tokay have formed the OP_CAT Alliance to coordinate support from developers, institutions and lawmakers. They’ve demonstrated a Bitcoin fork with OP_CAT enabled, complete with SDKs, APIs and developer tools. The group plans to showcase working DeFi apps on Bitcoin at next year’s conference, challenging the view that Bitcoin should remain limited to payments. If adopted, OP_CAT could rival Ethereum and Solana in Layer-1 programmability and spark a new wave of innovation on the Bitcoin network.

South Korean retail investors are pivoting from Tesla stock towards crypto stocks, net selling $657 million in Tesla shares in August, the largest monthly sell-off since 2019. They reallocated $253 million into Bitmine Immersion Technologies, a crypto mining company. This pivot reflects growing demand for crypto stocks as a way to gain digital asset exposure within the equity market. However, crypto stocks carry risks like market volatility, regulatory shifts, and company-specific issues. Analysts say this trend signals mainstream acceptance of digital assets. Traders should watch Bitcoin’s price swings and regulatory updates, as this move may bolster crypto equities. Overall, the shift underscores bullish sentiment toward crypto stocks among South Korean retail investors.

Galaxy Digital has deposited 500,000 SOL (approximately $103 million) into Coinbase over the past five days, according to Lookonchain analytics. This SOL deposit surge marks a significant exchange inflow for Solana’s native token and could signal upcoming market activity. The substantial SOL deposit suggests that Galaxy Digital may be positioning for trading or liquidity management ahead of anticipated volatility. Traders should monitor Solana’s price action and exchange inflows for early indicators of potential selling pressure or market shifts. With Solana trading volume already high, this large-scale deposit could impact short-term liquidity and price dynamics for SOL.

zk-rollup network Starknet is currently experiencing a service outage, the team announced on X on September 2. The disruption affects key network functions and transactions. Starknet’s developers are investigating the cause and working to restore full functionality as quickly as possible. They will provide timely updates through official channels when new information emerges. Traders using Starknet should monitor status announcements and plan for potential delays or interruptions in transaction processing during this period.

USD1 stablecoin, launched by World Liberty Financial and linked to the Trump family, positions itself at the intersection of political endorsement and compliant multi-chain expansion. In a market shifting from sheer scale to regulatory readiness, USD1 stablecoin leverages a reserve model of fiat currencies and short-term US Treasury bills to ensure a 1:1 peg, while prioritizing transparent custody and disclosures. Aimed at enterprise payments and DeFi protocols, the token deploys across multiple chains—Ethereum, BNB Chain, Tron and soon Solana—to optimize accessibility and high-frequency settlements. As the real-world asset (RWA) narrative gains traction, USD1 stablecoin seeks to bridge tokenized bonds and funds with on-chain liquidity for payments, clearing and collateral use cases. However, its success hinges on verifiable reserve attestations, reliable redemption channels and robust sanctions compliance. Facing established giants like USDT and USDC, USD1 must deliver seamless integration with major DEXs, lending platforms and payment aggregators. Key institutional metrics include stress-tested redemption limits, granular reserve audits, depth of DeFi integration and enterprise-grade compliance. Meeting these standards will determine whether USD1 transforms from compliance narrative to a stablecoin with real market momentum.

The crypto market showed mixed performance on September 2. Bitcoin (BTC) climbed 2.4% to approach $111,000, while Ethereum (ETH) slipped 1.9% to around $4,300. Sector gains were led by RWA and PayFi tokens. Maker (MKR) and Sky (SKY) each rose more than 5%. Trump-backed World Liberty Financial (WLFI) surged 18.6%, and MemeCore (M) jumped 33.7%, bucking a broader meme token downturn. Meanwhile, ETF Store president Nate Geraci expressed nearly 100% confidence in XRP ETF approval in 2025, citing 87% odds on prediction market Polymarket. This crypto market update highlights strong bullish signals in select tokens and continued ETF-driven optimism.

On-chain metrics indicate the Tron network now leads major blockchains with 2.48 million active addresses, driven predominantly by retail and mid-sized wallets. Wallets holding under $1 million (“Goblins”) and under $10 million (“Sharks”) together accounted for about 55% of recent USDT transfer volume, favoring Tron for its low fees and fast settlement. Meanwhile, TRX price consolidates near $0.339, with RSI and OBV showing neutral momentum. Sustained USDT inflows and growing daily engagement suggest a potential TRX breakout if on-chain demand continues. Traders should monitor stablecoin flows and small-wallet activity as indicators of impending price shifts.

In a landmark move, eight leading venture capital and private equity firms, including Accel, Blume Ventures, Celesta Capital and Premji Invest, have formed the India Deep Tech Investment Alliance. The US-India Alliance will commit over $1 billion in private capital over the next decade to support India Deep Tech startups in sectors such as AI, semiconductors, quantum computing, space technology, robotics, biotechnology and energy and climate tech. This structured pact addresses long-term funding gaps by providing patient capital, mentorship and market access to early-stage ventures from seed through Series B. Aligned with India’s ₹1 trillion RDI scheme, the alliance aims to ensure local incorporation and foster a robust domestic innovation ecosystem. Members will also leverage their networks to help portfolio companies expand into India, while engaging with policymakers to shape favourable regulations. By pooling resources, the alliance seeks to transform India into a global hub for foundational technologies, driving export-ready solutions and strengthening bilateral technology ties.

Ethereum closed August at $4,390—its highest monthly close since November 2021—but a pullback to $4,250 has sparked concerns. Market watcher Cipher X notes that September historically delivers an average 6.1% loss for Ethereum, with five double-digit declines since 2016. However, October and November have averaged gains of 4.7% and 7.8%, respectively. Bitfinex adds that September may mark a cyclical low before institutional accumulation and structural drivers fuel a Q4 recovery, highlighted by only 18.3 million ETH on exchanges. Analyst Michaël van de Poppe predicts a 10%–20% correction to the $3,900–$3,400 range—an ideal accumulation zone ahead of the next rally. Daan Crypto Trades warns of a retest of the $4,300–$4,500 range lows near the 200-day MA and EMA, while Merlijn The Trader sees a multi-year trendline launchpad toward $7,000 on breakout. As of writing, Ethereum trades at $4,268, down 4% in 24 hours. Traders should prepare for choppy September action but position for a potential Q4 upside.

Dogecoin traded in a narrow $0.21–$0.22 band over a 24-hour session starting Sept 1. Institutional flows drove more than 800 million DOGE turnover during both the 07:00 GMT rally and 20:00 pullback. The token peaked at $0.22 before profit-taking drove it back to $0.21, establishing firm support and resistance levels. Analysts note corporate treasuries are exploring liquid digital assets like Dogecoin amid macro uncertainty triggered by G7 trade tensions and Fed policy divergence. Technical indicators—RSI near 50 and a compressing MACD histogram—point to range-bound consolidation underpinned by heavy institutional flows. Traders are watching the $0.21 floor and a decisive break above $0.225 for a potential rally toward $0.25–$0.30. Failure below $0.21 risks a slide to $0.20. Futures open interest and whale wallet moves will likely drive near-term volatility.

A New York Times investigation reveals how a 29-year-old’s private ChatGPT mental health conversations failed to prevent her suicide. Despite detailed coping strategies—from breathing exercises to gratitude lists—ChatGPT mental health advice lacked any mechanism to alert professionals or loved ones when clear self-harm warnings emerged. The article highlights the AI counseling tool’s ethical gap: unlike licensed therapists bound by mandatory reporting and crisis protocols, ChatGPT relies on user consent and cannot enforce safety plans or escalate high-risk cases. As a result, personal distress remained hidden in a digital “black box,” delaying interventions that might have saved her life. Growing legal and legislative efforts now demand integrated safety features and stronger collaboration with suicide prevention experts. This case underscores urgent calls for AI developers to embed automated crisis detection and referral systems, balancing user autonomy with protective safeguards in large language models.

The Taiwan Financial Supervisory Commission (FSC) held a closed-door meeting with major banks on September 1, 2025. It ordered banks to stop using Article 72-2 of the Banking Act to limit or delay mortgages. The new rules aim to ease Taiwan housing loans pressure amid recent tight credit. The FSC also banned tying life insurance sales to loan approvals. The regulator urged banks to expand deposit bases rather than tighten lending. Public banks face a deposit shortfall and heavy policy-lending burdens from government programs like “New Qing’an Loans.” The FSC will strengthen inspections and publish regular data on real estate lending ratios and policy loan shares. Bank insiders say the measures may have limited impact without changes to legal lending caps or central bank policy support. With scarce liquidity, actual mortgage supply is unlikely to rise significantly in the short term. Traders and investors closely watch Taiwan housing loans policies, as any relief could influence banks’ capital flows and local real estate market sentiment.

SUI is holding firm at the $3.20 support after retracting from its August peak of $3.90. Bulls have defended this critical level multiple times, setting up a falling wedge pattern that typically signals a bullish reversal. Analysts highlight targets at $3.53 and $3.90 on a confirmed breakout. On-chain data shows a reduction of over 1.9 million SUI through token burns and freezes, shrinking circulating supply and intensifying price pressure. While a break above the wedge’s descending trendline could spark a fresh rally, a failure to hold $3.20 may lead to further downside. Steady network growth with over 285 million accounts underscores long-term potential, keeping traders watchful for a decisive move.

Bithumb will suspend deposits and withdrawals for CHZ, SPURS and PEPPER at 03:00 UTC on September 9, 2025. This pause supports the upcoming Chiliz network upgrade, ensuring a smooth and secure transition. Trading on the exchange remains open, and user balances are protected throughout the maintenance. Users should complete any CHZ, SPURS or PEPPER deposits and withdrawals before the deadline. Keep an eye on Bithumb’s official channels for the service resumption date. The Chiliz network upgrade will enhance security, scalability and performance for fan token transactions. By planning transfers in advance and monitoring updates, traders can avoid disruption. The Chiliz network upgrade is a critical infrastructure improvement, reflecting the project’s commitment to stability and growth.

PlanC forecasts a slow, steady climb for Bitcoin to $1,000,000 by 2032, driven by institutional adoption and growing spot-BTC ETF demand. Instead of deep 80% crashes, Bitcoin’s price may undergo modest 10–30% corrections, resulting in fewer clear buy-the-dip opportunities. This gradual ascent reflects structural support from corporate treasuries, institutional desks, and spot-BTC ETFs. An alternative scenario involves an "omega candle"—a rapid, single-day Bitcoin surge of $100,000 or more triggered by large-scale accumulation or macro shocks. Industry executives suggest faster timelines to $1M if corporate treasury allocations and regulatory clarity accelerate adoption, potentially compressing the path to 2030 or earlier. Key risks include credit stress, widening funding spreads, and forced selling among leveraged institutional holders. A sudden liquidity squeeze could reverse Bitcoin’s gains, producing abrupt declines instead of orderly appreciation. Traders should monitor funding conditions and institutional flows, as these factors will shape both short-term volatility and the long-term trajectory toward Bitcoin’s $1M milestone.

Asian currencies have depreciated sharply against the US dollar amid cautious global sentiment. The Federal Reserve’s aggressive rate hikes and quantitative tightening have strengthened the dollar, drawing capital from emerging markets. This trend has pressured major Asian currencies including the Japanese yen, Korean won, and Indonesian rupiah. A stronger dollar also raises dollar-denominated debt servicing costs and imported inflation. Trade tariffs and geopolitical tensions add further uncertainty to supply chains and export demand. The Indian rupee has drawn particular concern, approaching record lows. India’s heavy reliance on imported crude oil inflates its current account deficit, while capital outflows intensify risk aversion. A weak rupee drives up import costs and domestic inflation. Though exports may gain competitiveness, global slowdown and tariff barriers limit the upside. The Reserve Bank of India faces a delicate balance between supporting the rupee and sustaining growth. Other regional currencies face similar headwinds. Japan’s ultra-loose monetary policy widens interest rate differentials, weakening the yen. China’s yuan fluctuates due to property sector challenges and trade dynamics. The South Korean won and Malaysian ringgit also struggle with volatile capital flows and commodity prices. Key factors shaping the forex market include interest rate differentials, global risk sentiment, commodity prices, capital movements, and geopolitical risks. For investors, monitoring central bank communications and economic indicators is vital. Portfolio diversification across asset classes and regions can mitigate currency risk. In times of fiat volatility, demand for stablecoins pegged to stronger currencies may rise. Overall, the Fed’s tightening cycle and lingering trade tensions are driving a backlash in Asian forex markets. Traders should watch policy cues and economic data to navigate the turbulent environment.

Gate has launched a WLFI double airdrop campaign from September 1 to September 15 (UTC+8). New users get an exclusive 200 WLFI bonus. Completing tasks such as first deposit, contract trading and position holding can earn up to 5,000 WLFI. Meanwhile, from September 1 to September 6 (UTC+8), the trading airdrop offers a 15 WLFI welcome gift for first trades. Daily trading streaks yield extra bonuses. Users with high cumulative trading volume can win up to 500 WLFI. In total, each account can earn a maximum of 5,530 WLFI. Both new and existing users are eligible on Gate.

An ETH whale reportedly acquired 3,000 ETH—approximately $13.03 million—within a 10-minute window, at an average price of $4,344 per ETH, according to on-chain analyst @ai_9684xtpa. This same whale previously executed a successful swing-trading strategy between June 10 and August 29, 2025, buying at an average of $2,563 and selling at $3,905, netting over $9.56 million and achieving a 52.3% return. Such large-scale accumulation highlights strong bullish sentiment and may signal increased buying pressure in the near term. Traders should monitor whale activity and price levels around $4,300 for potential support or breakout opportunities.

World Liberty Financial’s governance team has proposed using 100% of protocol-owned liquidity fees across Ethereum, BNB Chain and Solana to buy back WLFI tokens and permanently burn them. The move aims to reduce circulating supply, increase scarcity and boost the relative ownership of committed long-term holders. Alternative splits, such as a 50/50 allocation between treasury and burn, were considered but rejected. Key uncertainties include the actual fee volumes and the absence of a contingency plan if the treasury requires emergency funds. Earlier this week, a 24.6 billion WLFI token unlock lifted the Trump family’s token holdings to $5 billion, swelling the circulating supply to 27.3 billion of 100 billion and a market cap of $6.6 billion. Since its Monday launch, WLFI plunged about 36% from a peak of $0.331 to $0.210 before recovering slightly to $0.229—down nearly 30% on the day. The buyback-and-burn proposal seeks to curb short-term selling pressure and align platform usage with token scarcity.

Crypto markets face heightened volatility as September starts, a month historically marked by an average 3.77% decline in Bitcoin prices since 2013, earning the nickname “Red September”. The Crypto Fear and Greed Index plunged from 75 in mid-August to 46, signaling deepening anxiety. Bitcoin remains above crucial $108,000 support, but with an Average Directional Index of 20 and a Relative Strength Index at 40, technical indicators point to directionless trading and growing selling pressure. Meanwhile, the 50-day EMA is closing in on the 200-day EMA, raising the risk of a bearish “death cross”. Market attention turns to the Federal Reserve’s September 16-17 meeting, with an 87% implied probability of a quarter-point rate cut. Prediction markets on Myriad now assign a 75% chance of Bitcoin dipping to $105,000, a sharp reversal from earlier bullish forecasts. Traders should monitor macroeconomic signals and technical levels as crypto braces for seasonal pressure.

Crypto treasury firms holding large digital-asset portfolios may face six distinct endgames. Good outcomes include profit-taking when prices exceed cost basis and rotating gains into alternative tokens like Ethereum. Neutral scenarios involve hedging through derivatives or preserving managed NAV (mNAV) via selective token sales. Adverse paths arise from liquidity pressure forcing asset sales or outright stop-loss when holdings trade below acquisition cost. Key triggers include shareholder and tax requirements, long-term mNAV below 1, and executive changes. Understanding these strategies—profit-taking, portfolio rebalancing, hedging, and risk control—helps traders anticipate institutional flows and adjust positions accordingly.

Analytics firm Glassnode reports US Bitcoin spot ETFs saw net inflows of 3,018 BTC (~$329M) last week, reversing a three-of-four-week outflow streak and demonstrating continued institutional demand after Bitcoin’s price dipped toward $109,200. Between April and July, ETF inflows were strong before easing in recent weeks. Concurrently, US Ethereum spot ETFs attracted 286,000 ETH (~$1.2B) in a single week, building on a 14-week inflow streak with only one brief outflow. These ETF inflows highlight growing institutional bets on BTC and ETH. Traders should monitor ETF inflows as crucial sentiment indicators that may drive near-term price moves and shape long-term market trends.