Trading The King of Crypto

Risk-Off Crypto Mood: Bitcoin Hit by Iran & Oil Risks, Security Exploits, Weak ETF Flows Temper Ethereum Optimism, Bitmine Buying, ZCAT and the Hunter Biden Meme Fuel Risk Appetite

Risk-Off Crypto Mood: Bitcoin Hit by Iran & Oil Risks, Security Exploits, Weak ETF Flows Temper Ethereum Optimism, Bitmine Buying, ZCAT and the Hunter Biden Meme Fuel Risk Appetite

Oil up, Bitcoin down on U.S-Iran escalation:

$BTC slipped ~1% to ~$79.7K after the U.S. struck three Iranian oil tankers (M/T Downy, Stark 1, Kylo), pushing WTI +1% to ~$92.7 and up >6% in early September.

Higher oil fuels inflation fears and supports a hawkish Fed, August jobs data also lifted rate hike odds, even as Trump called for lower rates.

#Bitcoin #Oil #Macr

https://www.coindesk.com/markets/2026/09/07/oil-up-bitcoin-down-as-u-s-strikes-iranian-crude-carriers

Stock market chart. Business graph background. Forex trading business.

 

$ZCAT memecoin pays holders in $ZEC:

Anonymous Cat (ZCAT) on Solana uses a 3% transfer tax to buy Zcash and distribute it to holders (min ~$20 stake).

With ZEC up >2,300% YoY and above $1,200, ~2,320 ZEC (~$2.8M) has been paid out across 470K+ distributions.

ZCAT trades vs ZEC on StonkFun, market cap ~$124M, but rewards depend on ongoing trading volume.

#Memecoins #Zcash #Solana

https://www.coindesk.com/markets/2026/09/07/this-cat-memecoin-has-paid-holders-usd2-8-million-in-zcash-as-zec-tops-usd1-200

CoinDesk

 

Ethereum will let users pay gas without holding ETH:

EIP‑8141 “Frame Transactions” is now scheduled for the 2027 Hegotá upgrade. It splits a tx into steps so the fee payer can be different from the sender, apps could cover fees or swap stablecoins for ETH on the user’s behalf.

Frames also enables custom auth rules (e.g., key rotation, post‑quantum keys) and bundles approvals with trades to avoid lingering permissions.

#Ethereum #EIP8141 #Hegotá

https://www.coindesk.com/tech/2026/09/07/ethereum-commits-to-letting-users-pay-gas-fees-without-having-to-hold-eth

Graphic showing ethereum symbol on a grid with screens. (Ethereum)

 

Cronos executes controversial rollback:

Validators rewound ~1h54m (10,961 blocks) after the Tectonic exploit, recovering ~$111.2M (~92%) of the $120.4M affected.

~$9.19M had left the network before the halt and remains unrecovered.

The rollback reversed all txs in the window, repricing open positions and highlighting finality trade‑offs on a 100‑validator chain.

#Cronos #DeFi #Security

https://www.coindesk.com/business/2026/09/08/cronos-executes-controversial-blockchain-rollback-to-recover-crypto-worth-usd111-million

Blockchain (Shubham Dhage/Unsplash)

 

Bitcoin ETFs still ~$1B in the red for 2026:

Despite a strong August (+$3.52B) and +$770M so far in September, YTD net flows remain negative after heavy outflows in May–June (June alone −$4.51B).

The next test is this week’s CPI and Treasury buyback, oil’s +10% this month (WTI >$94) adds inflation risk.

#Bitcoin #ETF #Flows

https://www.coindesk.com/daybook-us/2026/09/08/bitcoin-etfs-are-still-usd1-billion-shy-of-breaking-even-in-2026

Chart of net fund flows since the start of 2026.

 

Bitcoin’s complexity paradox:

Recent incidents (Coldcard ~$114M drain, Core Lightning emergency fixes, Liquid’s ~$320M “white‑hat” exploit) show how AI is slashing the cost of finding deep bugs in $BTC infra.

While L1 stays simple, L2/sidechains add complexity and AI can now scan old repos at near‑zero cost, turning “unused” code into active risk.

#Bitcoin #Security #AI

https://www.coindesk.com/markets/2026/09/08/bitcoin-security-risks-grow-as-ai-uncovers-hidden-vulnerabilities

A bug walking across a keyboard. Developers are increasingly discovering software bugs using AI. (Unsplash)

 

Bitmine buys another ~$69M of ETH:

Bitmine Immersion added 28,086 ETH last week, lifting holdings to 5.93M ETH (~$15.7B total crypto + cash).

It’s now ~171K ETH short of its 5% supply target, at this pace, it could reach the goal in ~7 weeks.

Tom DeMark says $ETH’s sideways consolidation suggests the uptrend may resume soon.

#Ethereum #Bitmine #BMNR

https://www.coindesk.com/business/2026/09/08/bitmine-purchased-another-usd69-million-of-eth-with-tom-demark-expecting-price-uptrend-to-soon-resume

Tom Lee, chairman of Bitmine and cofounder of Fundstrat, speaking at Consensus 2026 in Miami (CoinDesk)

 

Ethereum sets 2029 quantum resistance deadline:

The EF aims to protect txs, validators and data storage before a plausible 2030 quantum threat.

Hegotá (2027) won’t deliver PQ crypto itself but keeps the roadmap on track, subsequent forks will add post‑quantum signatures (e.g., leanSPHINCS), validator attestations and a public key registry, with a “minimum viable PQ” fallback if needed.

#Ethereum #Quantum #Hegotá

https://www.coindesk.com/tech/2026/09/08/ethereum-makes-quantum-resistance-a-top-priority-with-a-2029-deadline

A screen of computer code. AI systems are increasingly finding flaws and loopholes in human-written code, with quantum attack remaining a big concern among bitcoin and crypto developers. (Chris Ried/Unsplash)

 

Hunter Biden defends $LAPTOP before launch:

He calls Trump’s $TRUMP a “grift” and says LAPTOP is about “resilience, redemption and recovery,” with 20% of supply airdropped to ~1M wallets that lost money on TRUMP (~$3.8B losses).

30% is tied to predictions (burned if true, charity if false), 30% to founders with lockups.

Base says no partnership; Kraken removed a promo post amid backlash.

#Memecoins #Crypto #Politics

https://www.coindesk.com/markets/2026/09/09/hunter-biden-defends-laptop-ahead-of-wednesday-launch-calls-trump-a-grift

Head an shoulders photo of Hunter Biden

 

 

Crypto Sentiment Turns Cautious as Liquid Exploit Shakes Confidence Despite Ethereum Upgrade Progress, Solana Revenue Surges & Memecoin Speculation

https://www.publish0x.com/the-king-of-crypto/crypto-sentiment-turns-cautious-as-liquid-exploit-shakes-con-xeomgro 

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FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

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