"The secret of change is to focus all of your energy not on fighting the old, but on building the new."
— Socrates

NARRATIVE FORMAT

QUESTION OF THE DAY

"With both Bitcoin treasuries expanding and the SEC/CFTC signaling more openness to crypto trading, are we entering the early stages of a new institutional wave—or will September seasonality keep prices capped?"

BITCOIN CORPORATE TREASURY

• Winklevoss, Nakamoto-backed Treasury launches with 1,000 BTC (Cointelegraph, CoinDesk)
• CIMG Inc raises $55M for Bitcoin as crypto firms ramp up crypto stockpiles (Cointelegraph, The Block)

BITCOIN ANALYST

• Bitcoin price stages 2-week downtrend breakout with $112K next target (Cointelegraph)
• Bitcoin to ‘lose a zero’ and drop to $10,000, warns strategist Mike McGlone (Finbold)
• Bitcoin Flashes Rare Buy Signal Not Seen Since $49,000 And $74,000 Bottoms (NewsBTC)
• Bitcoin Derivatives Traders Are Betting on Further Upside Despite September Risks (Decrypt)
• September to Mark Bitcoin’s Cyclical Low, Bull Run Nears Final Stages: Bitfinex Alpha (CryptoPotato)

ETHEREUM

• Ethereum Foundation to sell $43 million in ETH via exchanges to fund research, grants and donations (The Block)
• Ether exchange reserves fall to 3-year low as ETFs, corporate treasuries soak up supply (Cointelegraph)

• Ether rally to $5.5K possible due to illiquid supply and bullish ETH futures signal (Cointelegraph)

ALTCOINS

• Classic XRP price chart pattern targets $5 as spot ETF reality draws closer (Cointelegraph)
• Galaxy Digital to tokenize its SEC-registered shares on Solana in key RWA move (The Block)

ETFs

• Spot Bitcoin ETFs surge, Ether funds bleed as investors flee for safety (Cointelegraph)
• Bitcoin ETFs see $332 million in inflows, ending Ethereum ETF flow dominance (The Block)

EXCHANGES

• Crypto exchange volume tops $1.8 trillion in August, highest monthly level since January (The Block)
• Crypto Exchange OKX Fined $2.6M in Netherlands for Failing to Register With Dutch National Bank (CoinDesk, Cointelegraph)

REGULATIONS

• SEC and CFTC Unite: Green Light for Crypto on the World’s Biggest Venues (CryptoPotato)

VOICES

• Ray Dalio: Aoaring US debt threatens dollar, fueling demand for crypto and gold as alternatives (The Block)
• Joseph Chalom: Yield-chasing ETH treasury firms are most at risk: Sharplink Gaming CEO (Cointelegraph)
• Samson Mow: 🇺🇸 Can the U.S. dollar just ‘reset’ after a currency collapse? Samson Mow says NO! WATCH

VIDEO OF THE DAY

PODCAST OF THE DAY

BTC250: Is This Bitcoin Bull Market Over w/Tuur Demeester (Bitcoin Podcast)