BitMine Immersion Technologies (BMNR) has expanded its crypto and cash reserves to $8.98 billion by August 31, making it the world’s largest Ethereum treasury.
Since launching its Ethereum Reserve Plan in July, the firm’s holdings rose from 1.52 million to 1.87 million ETH, valued at $4,458 each. This Ethereum treasury strategy also includes 192 BTC and $635 million in cash, ranking second only to MicroStrategy among corporate crypto treasuries.
Backed by ARK Invest, Founders Fund and Pantera, BitMine highlights the GENIUS Act and SEC Project Crypto as long-term growth drivers. The company has released an investor deck and a video presentation by Chairman Tom Lee.
These developments underscore BitMine’s bullish stance on ETH and signal growing institutional confidence in crypto assets.
Bullish
Ethereum treasurycrypto holdingsinstitutional investmentBitMine ImmersionETH Reserve Plan
A wallet linked to Andrew Tate was liquidated on its long position in World Liberty Financial (WLFI) token, incurring a $67,500 loss. On-chain data from Lookonchain shows the liquidation occurred hours after WLFI’s volatile debut, where the token fell over 56% from its peak of $0.46 to around $0.20. Despite this setback, Tate immediately reopened a new long, acquiring 960,128 WLFI tokens, signaling continued confidence in the project. WLFI, backed by a Trump-affiliated venture, faced large insider and whale sell-offs minutes into trading, stoking concerns over early dumping. In response, the WLFI team proposed directing 100% of protocol-owned liquidity fees to buy back and burn tokens, making the token deflationary. With a fixed supply of 100 billion, the burn mechanism aims to stabilize price by reducing circulation. Traders will watch community approval and implementation timelines to gauge WLFI’s recovery potential.
Tokyo-listed Metaplanet has secured shareholder approval to launch a share sale of up to 555 million new shares in an international offering, aiming to raise approximately $884 million. Final pricing will be set through a book-building process from September 9–11, with settlement by mid-September and a 60-day lock-up for major shareholders. Nearly all proceeds will fund Bitcoin purchases, following a recent 1,009 BTC acquisition for $112 million.
The equity raise will expand Metaplanet’s Bitcoin treasury from around 19,000 BTC to over 20,000 BTC—valued at $2.1 billion—solidifying its position as Asia’s largest and the world’s sixth-largest corporate Bitcoin holder. Management plans to grow its Bitcoin treasury to 30,000 BTC by year-end, 100,000 BTC by 2026 and 210,000 BTC by 2027. Unlike peers relying on debt, Metaplanet uses share issuance and bond redemptions to fuel accumulation.
Executives cite Japan’s rising national debt, prolonged negative interest rates and yen depreciation as key drivers for increasing their Bitcoin treasury to preserve long-term value. The offering includes 180 million underwritten shares and a 375 million-share greenshoe option, targeting overseas investors and limiting U.S. participation to Qualified Institutional Buyers under Rule 144A.
By 2026, crypto sectors show clear growth signals. Real World Assets (RWAs) tokenization, stablecoins evolution, Layer 2 scaling with ZK-tech, and maturing DeFi protocols will drive adoption. RWAs remove friction and boost liquidity: on-chain treasury bills and property-backed tokens appeal to institutions and retail. Euro- and yen-pegged stablecoins and yield-bearing models gain traction under MiCA and the US GENIUS Act. ZK rollups and ZK-EVMs offer faster, cheaper, privacy-preserving transactions. DeFi protocols shift to sustainable revenue through fee-sharing governance and RWA-backed lending. Gaming and SocialFi could onboard mainstream users with interoperable on-chain assets and player-owned economies. These crypto sectors’ developments point to increased integration with traditional finance, better scalability, and wider everyday use.
Determining what constitutes life-changing crypto profit depends on individual income, expenses and goals. This guide suggests viewing financial targets as a range rather than fixed numbers: improvement level, life-changing level, and financial freedom level. Traders should answer three questions: how much they need to cover living costs and emergencies, how much to improve lifestyle, and how much they can realistically earn. The article warns against an endless desire cycle where reaching $200,000 profit quickly shifts to chasing $500,000 or more, comparing this with poker decisions: folding a strong hand to secure life-changing gains. Evaluating profits by the time they buy—for example, a $200,000 gain can provide 3–5 years of buffer—helps maintain discipline. By clarifying profit targets and knowing when to exit, crypto traders can translate short-term gains into sustainable financial security without falling into the trap of ever-increasing expectations.
Crypto analyst VisionPulsed predicts a Dogecoin bull run starting September 13, arguing the current drawdown mirrors a post-halving pattern seen 510–511 days after Bitcoin supply cuts. In a September 1 video, he cited similar market turns in 2017 and 2021. VisionPulsed also tracks the liquidity gauge M2, which historically has driven asset rotations across Solana (SOL), Bitcoin (BTC), Ethereum (ETH) and BNB. Dogecoin has lagged larger caps due to slower liquidity spillover. He warns that any altseason hinges on broader risk appetite, noting the Russell 2000’s lack of new highs. A noisy liquidity period from mid-September to late October could still allow a final market peak. As of press time, DOGE trades at $0.21 near its daily EMA200. Traders should monitor these cycles and liquidity flows for confirmation.
Bybit WSOT 2025 kicks off its sixth annual trading competition on August 27, running until September 15 (UTC). The event features a record-breaking $10 million prize pool, including an $8 million main competition split between a $3.76 million Squad Showdown and a $4.4 million Individual Showdown. A zero entry fee and a four-tier system—from $100 Rookie to $10 000 Heavyweight—ensure inclusive participation across capital sizes. The pre-heat stage (August 12–27) attracted 350 000 traders and 1 400 squads, generating $78 billion in volume and awarding $670 000. For the first time, WSOT integrates the Solana Onchain Wave, offering over $1 million in BBSOL and USDC rewards and uniting centralized and DeFi traders on a single leaderboard. Educational livestreams and 18 live events distribute 220 000 USDT in red-packet rewards, while guest speakers Dusty BC, Alex Marzell and Tealstreet CEO Sam highlight the competition’s focus on inclusivity, learning and community engagement. Bybit WSOT 2025 sets a new benchmark for global crypto trading tournaments, driving market momentum ahead of Q4.
HBAR has formed a falling wedge on its 4-hour chart from late July to early September, a pattern often signaling bullish reversals. Trading near $0.218, the token sits close to its lower Bollinger Band and just below the 50-EMA at $0.228—a key breakout level. A confirmed move above the wedge could propel HBAR to $0.462, implying a 112% gain.
On-chain data reveals significant whale accumulation: addresses holding over 10 million HBAR have increased by 71% over the past year. This accumulation comes despite institutional rebalancing that saw more than 110 million HBAR sold between August 31 and September 1. Large after-hours transactions suggest strategic positioning rather than panic selling.
Technical indicators reinforce a bullish outlook. The RSI hovers near 39, indicating oversold conditions and potential downside exhaustion. With RSI bouncing above 35, combined with the falling wedge structure and growing whale demand, HBAR’s next decisive buy signal will be a clear break above the wedge’s upper trendline and the 50-EMA. Traders should watch these levels for entry points ahead of a possible 112% rally.
Venus Protocol, a leading DeFi lending platform on BNB Chain, confirmed its smart contracts are secure after $27 million in crypto assets were drained. PeckShield and the Venus team traced the incident to a phishing attack on a single whale, who unknowingly authorized malicious transactions from a rogue address. Stolen funds, including vUSDC and vETH, were transferred out following the unauthorized approval. Venus Protocol affirmed that no core contract exploit occurred and only the compromised user was affected. The platform’s total value locked (TVL) has previously topped $7 billion, underscoring its significance in DeFi. Developers are now verifying contract integrity and monitoring user safety.
After Hong Kong’s Stablecoins Regime took effect, 77 diverse entities—including banks, tech giants, asset managers, e-commerce and Web3 startups—have signaled their intentions to apply for Hong Kong stablecoin licenses. Key applicants such as Standard Chartered, HKT-A&O consortium, JD’s blockchain arm, Ant Group and reportedly Bank of China (HK) compete for a limited number of slots, as the Hong Kong Monetary Authority (HKMA) has confirmed it will issue only "a few" licenses initially. The HKMA is meeting with potential issuers to vet the maturity and necessity of their stablecoin issuance plans, while cautioning that expression of interest does not imply approval and warning investors against unlicensed stablecoins.
In parallel, Hong Kong’s digital asset market advances: Futian Investment’s FTID TOKEN 001 became the world’s first RWA public digital bond on Ethereum (RMB 500 million, 2-year, 2.62% coupon, Fitch A-rated), and ZhongAn Smart Life (02271.HK) signed an MoU with an SFC-licensed crypto trading platform to develop digital asset services, driving its stock up 16.35%. The fierce race for Hong Kong stablecoin licenses underscores the territory’s drive for digital finance innovation balanced by prudent oversight.
Neutral
Hong Kong Stablecoin LicenseHKMA RegulationAnt GroupRWA Digital BondDigital Asset Partnerships
Analysis from Vibes Capital Management shows Bitcoin short-term holders (STH) average cost basis has aligned with spot price near $107,000, triggering a rare oversold MVRV Bollinger Band signal. Historically, similar readings in April and August marked cycle lows. The STH MVRV oscillator fell below the lower Bollinger Band only twice in the past year, indicating significant capitulation. Concurrently, four-hour RSI displays bullish divergence, suggesting a potential rebound. However, a daily MVRV death cross warns downward pressure remains. Traders should monitor these on-chain metrics as Bitcoin short-term holders often provide buying support during bull-market corrections, and the $107K level may act as a critical pivot for a bullish reversal. Key indicators: STH MVRV at breakeven, Bollinger Band oversold signal, RSI divergence. Market participants could see short-term volatility but a longer-term bullish outlook if support holds.
The Pectra exploit has compromised around 100 WLFI wallets just as the World Liberty Fi token unlocked across 83,000 addresses. Exploiters leveraged Ethereum’s Pectra EIP-7702 upgrade to gain smart contract approvals via phishing, draining funds from unsuspecting holders. Although the WLFI contract remains secure, private key compromises enabled attackers to sweep tokens. SlowMist tracked the exploits and published a list of affected addresses to warn users.
Following the token unlock, WLFI experienced heavy selling pressure from whale holders, including rapid profit-taking and derivative shorts on low-liquidity DEX pairs. The token’s price plunged to $0.21 before stabilizing around $0.25. On Hyperliquid, 12 of 19 whales held short positions, raising the risk of price manipulation to trigger liquidations. Market participants are advised to monitor Pectra exploit warnings and wallet approvals closely to avoid further losses.
Bearish
Pectra exploitWLFIWorld Liberty FiEthereum securitysmart contract phishing
Shiba Inu Sparktember bundles community optimism around September utility launches and ecosystem upgrades. Traders monitor Shibarium updates, staking and liquidity initiatives as on-chain catalysts. Macro indicators—U.S. jobs data, Fed commentary and rate cut expectations—will likely shape risk appetite and support a potential Q4 rally. At $0.00001229, Shiba Inu remains far from its October 2021 ATH of $0.000088, leaving room for upside if utility launches materialize. Short-term traders should watch on-chain metrics and official Fed statements for trade signals. Over the longer term, confirmed utility releases during Sparktember could set the stage for sustained adoption and price gains into early 2026.
Metaplanet’s bitcoin acquisition plan gained momentum after shareholders approved raising ¥555 billion via preferred shares. This Metaplanet bitcoin acquisition strategy expands the firm’s capacity to buy BTC and diversify its corporate treasury. Previously, Metaplanet raised ¥130 billion in overseas stock sales and ¥242 billion via warrant exercises.
To date, Metaplanet holds 20,000 BTC, 66% of its 30,000 BTC year-end target. It aims for 100,000 BTC by end-2026 and 210,000 BTC by end-2027. Shareholders authorized amendments to increase total shares, allow virtual meetings, and create Class A and Class B preferred shares, enabling issuance of 555 million new shares.
Although Metaplanet leads Asia in corporate BTC holdings, it remains behind MicroStrategy’s 632,457 BTC. The new funding tool could accelerate Metaplanet’s bitcoin acquisition and boost market demand for BTC.
Ethereum developers will decommission the Holesky testnet in November, two years after its 2023 launch. Designed to stress-test Ethereum’s proof-of-stake infrastructure, the Holesky testnet encountered validator inactivity leaks and long exit queues following the Pectra upgrade, prompting a replacement. In March 2025, the Ethereum Foundation introduced the next-generation Hoodi testnet to support Pectra features, future Fusaka upgrades, and a refreshed validator set. Sepolia and Ephemery remain active for dApp testing and rapid validator resets. Meanwhile, network usage surged: August saw 19.45 million active Ethereum addresses, near the May 2021 peak. Institutional demand has also climbed, with Tom Lee’s BitMine boosting its holdings by 12% to 1.71 million ETH, and BlackRock’s Ethereum ETF recording a $314 million inflow on August 25 and $2.4 billion in daily trading volume. Analysts from CryptoBusy identify $4,520 as key resistance, noting that a breakout could push ETH above $4,800. Combined with historical Q4 rallies, these factors point to strong fourth-quarter momentum for Ethereum.
Bitfinex will list the HYPE token, native to the Hyperliquid Layer-1 blockchain, in early September. Hyperliquid is designed for high-speed, low-latency on-chain trading using its HyperBFT consensus, with average trade confirmations of 0.2 seconds. The network also features HyperEVM, an Ethereum-compatible execution layer secured by HYPE gas token. The HYPE token launched via a November 2024 genesis airdrop, distributing 310 million tokens with no private or exchange allocations. HYPE token holders can stake for network security, participate in on-chain governance, and pay transaction fees. Deposits open on 2 September 2025 at 1:30 PM UTC, and trading of HYPE/USD and HYPE/USDT pairs will begin on 4 September, subject to liquidity requirements.
American and Dutch law enforcement agencies have dismantled VerifTools, a major online fake ID marketplace. The U.S. Department of Justice (DOJ) and Dutch Police announced they seized two domains, a blog, plus two physical and over 21 virtual servers linked to the service. The fake ID marketplace sold counterfeit passports, driver’s licences, and other identity documents for multiple countries. Prices started at just $9 in digital assets, and the platform processed roughly $6.4 million in transactions before the operation was shut down. Authorities began investigating VerifTools during a probe into a scheme using stolen identity details to break into digital asset accounts. The marketplace model allowed users to bypass Know Your Customer (KYC) verifications, posing risks to digital asset platforms. No arrests have been made yet. Investigators are now analysing server data to identify administrators and users. The case highlights the ease of digital identity fraud and underscores growing government focus on secure digital IDs and KYC compliance worldwide.
Neutral
Fake ID MarketplaceDigital Identity FraudVerifToolsKYCLaw Enforcement
Bitcoin’s correction to around $107,000 has sparked concerns of a market top, but on-chain metrics indicate the bull run remains intact. CryptoQuant analyst Carmelo Aleman highlights key indicators: declining BTC reserves on exchanges point to modest selling pressure, while long-term holder accumulation continues. The Network Value to Transactions (NVT) ratio has stayed below 50 since July, reflecting strong network activity. The Market Value to Realized Value (MVRV) indicator has not reached its historical top threshold of 3.6, suggesting the market isn’t overheated. The adjusted Spent Output Profit Ratio (aSOPR) hovers just above 1, indicating limited overvaluation. Miner reserves have only fallen by 6,000 BTC this year, remaining at 1.805 million BTC, unlike previous cycle peaks when miners sold heavily. Combined with growing institutional adoption, spot ETFs, tokenization, and DeFi interest, these on-chain signals support the view that Bitcoin’s bull run can continue if demand persists.
The Bitcoin September pattern repeats annually as one of the market’s most bearish periods. Since 2013, Bitcoin September has delivered an average 3.77% decline, earning its nickname “Red September” in both crypto and traditional markets. The Crypto Fear & Greed Index plunged from 75 in mid-August to 39, signaling deepening fear. Technicals show Bitcoin trading around $108,842, hovering just above key support at $105,000—breaching it could accelerate the downturn. Ethereum sits at $4,363, repeatedly rebuffed at $4,500 resistance, while XRP holds at $2.76 but risks fresh losses below $2.50.
Macro factors ramp up volatility. A mid-September Federal Reserve rate decision may offer relief if rates are cut, but 3.1% inflation keeps traders wary. For crypto investors, Bitcoin September’s historic weakness combined with uncertain policy suggests bearish risks ahead. Many traders will use dips as buying opportunities, aiming to capitalize on a potential October rebound.
Separately, the article highlights the MAXI DOGE presale: $MAXI aims to extend Dogecoin’s meme appeal into a gym-focused lifestyle token, offering community rewards, competitions, and partnerships. Investors should conduct due diligence before participating.
Traders should monitor sentiment indicators, support and resistance levels, and the Fed’s announcement closely. Bitcoin September’s track record and current technical-macro alignment point to continued volatility and a likely bearish bias.
Bearish
BitcoinSeptember volatilityCrypto market sentimentFederal Reserve decisionFear & Greed Index
Venus Protocol confirmed on Sept 2 via Twitter that its smart contracts remain secure, highlighting robust smart contract security. The firm clarified there was no protocol-level hack; only a single user was targeted in a phishing attack. Security expert Cos suggested hackers may have hijacked the frontend to phish a whale address. Stolen funds total under $20 million, partially converted into Monero (XMR) for gas. Investigations continue.
Sequans Communications boosted its Bitcoin holdings by acquiring 34 BTC at an average price of $111,374 per coin, investing approximately $38 million. This boost in Bitcoin holdings brings its total treasury to 3,205 BTC, with a net investment of about $374 million and an average purchase price of $116,653. Sequans confirmed that Bitcoin remains its primary reserve asset, funded through equity, debt issuance, and operating cash flow. This strategic move underscores growing corporate adoption of Bitcoin as a treasury asset and signals confidence in BTC’s long-term value, potentially influencing market sentiment and corporate treasury management trends.
August’s crypto market navigated a “arch”-shaped pattern as US inflation data (CPI, PPI) and cooling employment figures repeatedly shook rate-cut expectations. Bitcoin (BTC) fell 6.5% to $108,248, while ethereum (ETH) climbed 18.8% to $4,392. Total inflows reached $27.78 billion, but BTC drew only $0.33 billion (net outflow of $1.176 billion from BTC ETFs) as capital rotated into ETH, which saw a record $10.8 billion in spot ETF and corporate purchases.
Whale selling triggered a third wave of BTC profit-taking—over 150,000 coins moved out of long-term holdings—pushing prices back into the $90,000–$110,000 “Trump zone.” ETH’s strong inflows reflect consensus growth, low prior highs, and speculators eyeing the next altseason. EMC Labs forecasts that once Fed rate cuts resume, bitcoin will enter a fourth major uptrend, while ethereum remains in mid-cycle price discovery with room to run.
Bullish
BitcoinEthereumFed Rate CutCrypto Fund FlowsAltseason
After a prolonged slowdown, the IPO market has warmed up in 2025. Using Crunchbase’s predictive intelligence, 14 venture-backed companies across fintech, AI, cybersecurity, consumer goods and space have been identified as likely IPO candidates. Leading the fintech pack is payments giant Stripe, valued at $91.5 billion in recent secondary trades. Singapore’s Airwallex follows, targeting a public debut by end-2026 with a $6.2 billion valuation. In enterprise tech, AI chip maker Cerebras and data platform Databricks (with a $3 billion revenue run rate and $62 billion valuation) top the list. AI-native marketing startup Clay projects $100 million in 2025 revenue. On the cybersecurity front, crypto wallet leader Ledger—having sold 8 million devices—and password manager 1Password, profitable with 150,000+ customers, are “very likely” and “probable” IPOs, respectively. Endpoint management firm Tanium and space company Sierra Space also rank high. Consumer names include Madison Reed, Skims and apparel retailer Quince. Healthtech Commure and agri-biotech Inari round out the diverse lineup. This curated list underscores a broadening public offering landscape for 2025.
Gold surged to a record $3,508 in Asian trade and Bitcoin climbed above $110,000 as markets ramp up expectations of a September Fed rate cut. FedWatch Tool shows nearly 90% probability of a 25-basis-point reduction at the September 17 meeting, igniting a broader crypto rally. Ethereum regained $4,400, Solana edged past $200 and total crypto market cap rose to $3.9 trillion.
Analyst MacroScope highlights gold’s breakout as a bullish macro indicator for Bitcoin, noting a past pattern where BTC briefly retraced before rallying to new highs. The firm warns of a short-term dip ahead of a potential long-term surge.
Investors now focus on upcoming US data, including the August jobs report and September 11 inflation figures, which will help confirm rate-cut timing. Ongoing Fed governance updates, such as the Senate hearing for Stephen Miran and the Lisa Cook case, also warrant attention.
The US passed the GENIUS Act in July, triggering a global push toward stablecoin regulation and digital payments. China plans a pilot for yuan-backed stablecoins in Hong Kong and Shanghai to curb USDT black markets, compete with US innovation, and support alternative payment rails. Russia’s ruble-backed stablecoin A7A5 gains traction but still relies on USDT. South Korea’s Financial Services Commission will propose stablecoin legislation by October, pausing CBDC work as banks prepare won-backed stablecoins. The EU, under MiCA, has authorized issuers like Circle and Banking Circle, while the ECB aims to launch a digital euro by end-2025 on public blockchains such as Ethereum or Solana. Domestically, Wyoming released the USD-backed, non-interest Frontier Stable Token (FRNT) across seven networks via Kraken and Rain. In Washington, industry groups defend the GENIUS Act against bank-driven amendment calls. Meanwhile, market structure bills, including the CLARITY Act, await Senate action, with crypto advocates seeking developer exemptions after the Tornado Cash verdict. These developments signal a lasting shift in stablecoin legislation and digital payment infrastructure worldwide.
NextEra Energy plans a nuclear restart of Iowa’s Duane Arnold plant to meet surging power demand from AI data centers. Retired in 2020 due to low gas prices and a damaged cooling tower, the site retains key equipment and secured FERC approval to reconnect over 600 MW by late 2028 under long-term PPAs. An initial $100 million investment will rebuild cooling towers and order transformers that carry up to three-year lead times. The nuclear restart follows Microsoft’s pact to revive Three Mile Island, highlighting cost-effective, low-carbon baseload as essential for AI workloads. Regulatory scrutiny by the NRC and shifting renewable tax credits pose hurdles. For crypto miners, additional stable power could ease energy constraints and lower costs. Duane Arnold’s revival signals a broader shift toward nuclear in the AI era, with implications for both energy and mining markets.
Bullish
AI Power DemandNuclear RestartData CentersNextEra EnergyCrypto Mining
QuBitDEX has been named the title sponsor of the inaugural Taiwan Blockchain Online Summit (TBOS), slated for September 6–10, 2025. Positioned as the digital extension of Taipei Blockchain Week (TBW), TBOS aims to gather global Web3 leaders, developers and investors in Asia’s largest fully online industry event. The five-day summit features over 100 forums covering decentralized application adoption and Web2-to-Web3 migration. Collaborating partners include TBW, MY Blockchain Week, ChannelDAO and Lydian Labs among others, with media and tech supporters such as Gold Finance, BlockBeats and RootData. Through its Layer-1 QuBitChain, QuBitDEX delivers millisecond trade execution and asset sovereignty, combining CEX speed with DEX security. The summit will stream daily from 10:00 to 22:30 GMT+8 on Twitter and YouTube, providing a global stage for blockchain dialogue without geographic barriers.
Venus Protocol exploit on BNB Chain drains about $27 million in a suspected smart contract compromise. Attackers updated the Core Pool Comptroller contract to a malicious address. The malicious update siphoned Venus tokens including vUSDC and vETH. Security teams are now tracking the stolen assets. The Venus community has not yet issued an official statement. Funds remain in the attacker’s contract and have not been swapped, raising questions about a potential full-scale cash-out.
Venus Protocol allows BNB Chain users to deposit stablecoins and major tokens to earn interest, while borrowers post collateral to take out loans. Its native token, XVS, underpins governance and protocol incentives. At its peak, Venus held over $7 billion in assets, making it a core part of the BNB Chain’s DeFi ecosystem.
NFTs have weathered hype cycles to become a resilient $6 billion sector, still dwarfed by memecoins like SHIB ($7.2 billion) and DOGE ($32 billion). Provenance and authenticity on blockchain remain core strengths, driving applications in art, gaming assets and authentication. Market sentiment splits between JPEG speculation and long-term collectors, with blue-chip collections such as CryptoPunks (35% of market cap), Art Blocks and established PFPs outperforming new drops. Liquidity issues and oversupply limit growth, suggesting traders focus on high-conviction, long-term NFT holdings over speculative mints. While the NFT market may remain small compared to fungible tokens, its cultural and technological relevance underpins a neutral to bullish outlook, favoring a concentrated portfolio of reputable collections for sustainable value.