The Bank of Russia plans to include digital currencies in prudential regulatory indicators
The Bank of Russia’s approach to regulating crypto assets is shifting from outright rejection to quantification. According to TASS, the central bank has issued a draft regulation proposing to include digital currencies within the asset scope used to calculate prudential regulatory indicators such as capital adequacy ratios for professional participants in financial markets. These rules would apply to institutions including brokers, asset management companies, foreign-exchange dealers, and cryptocurrency exchange providers. Under the draft, when calculating own funds, institutions may include only cryptocurrencies approved for trading on exchanges, and their value may not exceed 25% of the total amount of assets included in the calculation. The relevant crypto assets must also be registered and held by crypto custody institutions. The Bank of Russia said the move is intended to bring crypto-asset risks into capital regulation and enhance the financial stability of financial intermediaries.
This action is not an isolated event. Looking back, in January 2022 the Bank of Russia proposed banning the use and mining of cryptocurrencies within the country, citing threats to financial stability, citizens’ well-being, and monetary policy sovereignty—at the time, cryptocurrencies had already been banned as a means of payment. By 2026, the focus of regulation has shifted toward quota-based consolidation: on August 4, President Putin signed the “Digital Currency and Digital Rights Law,” with key provisions taking effect on September 1. For non-qualified retail investors, the annual amount of cryptocurrency purchases through a single licensed intermediary may not exceed 300,000 rubles (about $3,600). The initial list of eligible assets is limited to Bitcoin, Ethereum, and USDT, while qualified investors and cross-border settlements retain more room.
The size of the market helps explain the urgency of regulation. Chainalysis data shows that from July 2024 to June 2025, Russia received $376.3 billion in inflows of funds via cryptocurrencies, ranking first in Europe. Russian Ministry of Finance officials previously stated that the public’s annual crypto trading volume exceeds 1 trillion rubles and that it mostly occurs outside regulated areas. In the same period, data shows that in the first seven months of 2026, Russians withdrew approximately €24.4 billion in cash from the banking system; the incremental increase in cash in circulation in July alone hit a new intra-year high.
Logically, including digital currencies in the calculation of capital adequacy is essentially an acknowledgment that crypto assets have already appeared on the balance sheets of financial intermediaries. Rather than avoiding them, risk should be priced: if an institution holds a crypto exposure, it must match it with the corresponding capital buffer. The 25% cap and mandatory custody further constrain concentration risk. This is different from mere verbal risk warnings—it is a practical, executable prudential framework that also aligns with the categorization of crypto as a financial-market risk.
The impact on the crypto market can be viewed in layers. First, compliant channels are being institutionalized: licensed entities gain clear rules for participation, and local business shifts from gray areas into a whitelist. Second, retail customers’ annual limits coexist with a list of three eligible asset types; retail incremental growth may be constrained, and the relative position of mainstream assets could be strengthened. Third, on September 1, digital rubles will be made available to ordinary users at the same time, bringing retail payments back into the official system and pairing with the crypto investment limits.
In terms of editorial judgment, at the factual level, this draft turns crypto risk from a regulatory verbal warning into a technical issue of capital measurement. At the speculative level, it resonates with goals of controlling capital outflows and stabilizing the banking system. For the global industry, Russia provides a regulatory example in which institutionalization and quotas run in parallel; the impact is more reflected in compliance expectations and market structure than in short-term capital shocks.
BTC pretends to be dead, ETH leaks air, XRP takes the lead in a solo dance: intraday high-low rotation—those chasing highs go first to stand guard
Three things in the midday session, each one hurts.
BTC 77537 fell only 0.11% in half a day. This isn’t “resilience”—it’s “no spine.” The intraday high at 79570 is just sitting there. It can’t even reclaim the daily liquidity center around 78024. With a 12.23B trading value, all of it got spent on sideways action. Sideways isn’t “building energy”—it’s because nobody wants to take the goods, and nobody is smashing the market; both longs and shorts are acting dead together.
ETH is the true protagonist of the midday session. 2489, down 0.95%. It keeps grinding against the intraday low of 2485, time after time. And the funding rate is still the only one in the whole market that turns negative—shorts collect rent hour by hour, while longs pay taxes hour by hour. If 2530 can’t be reclaimed, 2445 is the next exam room.
Those believers on social media shout about discounting and adding positions—but in their hands they can’t even decide on the trading fee.
Then there’s XRP. Up 2.69%, the highest gain in the whole field, and the fee rate at 0.009% is also the hottest. While big coins all lie flat, it goes solo—this script is too familiar: high-low rotation, old coins pull up to attract attention, and whoever rushes in is responsible for buying orders. Highest gain plus highest fee rate—you think it’s a breakout, but I see it as just being dealt cards. 1.5 is its daily sell point. Before it reaches that level, the excitement belongs to someone else, and the commission belongs to you.
To be clear on the big picture: big coins drift lower, altcoins catch up on the rebound, and fee-rate divergence is happening. This isn’t the opening ceremony of a new trend—it’s just the lingering warmth of an old trend playing the tail end of a song. Those “call list” big V’s have already started posting XRP screenshots. Same old recipe, same familiar flavor.
Direction: slightly bearish. BTC 76478 is the bottom line—if it breaks, don’t ask; the answer is the next layer. If it can reclaim 78024, I’ll immediately change my tone. Don’t rush to catch a falling knife for ETH. If 2445 doesn’t light up, your “belief” is worth less than the trading fee.
One-sentence summary: If it doesn’t break below 76478, no need to panic. If it can’t reclaim 78024, you don’t deserve to get excited. If you chase XRP, remember to sign in at the meet-and-greet when it happens at 1.34.
Ripple’s RLUSD supply hits a new high at $2.44 billion; Ethereum holdings overtake
The dollar stablecoin RLUSD issued by Ripple is in a rapid expansion phase. According to crypto media reports, data aggregation platform statistics show that this stablecoin reached a historical all-time high supply of $2.442 billion this week. As of September 14, its circulating supply was about $2.42 billion; a week earlier it was around $2.41 billion; and one month earlier it was only $1.72 billion—an increase of roughly 41% over the past 30 days. Earlier, on August 25, its circulating supply had already surpassed the $2 billion mark. By late July, total supply stood at $1.58 billion, and the expansion momentum has been sustained for several weeks.
More notable than the overall growth is the change in on-chain structure. In late July, the XRP Ledger held about $907 million worth of RLUSD, accounting for 58.9% of total supply, while Ethereum held about $632 million. Now the composition has reversed: Ethereum holds about $1.37 billion, while the XRP Ledger holds about $1.05 billion. Since July, Ethereum’s holdings have increased by approximately $737 million—more than doubling—whereas the XRP Ledger has only increased by about $146 million. Of the roughly $840 million in new supply, most has stayed on Ethereum. Even though its share has been overtaken, the XRP Ledger’s total stablecoin scale is still about $1.14 billion, ranking it 11th among all networks.
It should be noted that on-chain data cannot reveal who minted the tokens; it only reflects where newly issued tokens end up, leaving the attribution of growth somewhat uncertain.
The drivers behind the supply expansion can be understood through three clues. On the distribution front, RLUSD launched on major South Korean exchanges in late July. Upbit enabled trading on July 27, and Bithumb followed on July 29. Within the 30 days up to August 25, there were 1.39 million transfers in total, involving approximately $11.81 billion. On the compliance front, the stablecoin is issued based on trust licenses for special purpose limited purpose trusts held by Ripple’s subsidiary, with Bank of New York Mellon serving as the primary reserve custodian. On the ecosystem front, starting in June, it expanded support to multiple networks, including Optimism and Base, via cross-chain methods.
From the perspective of how the crypto market transmits influence, stablecoin supply growth is often interpreted as a signal of liquidity expansion from inflows. If this capital enters trading or decentralized finance cycles, it could boost related on-chain activity. Multi-chain distribution also implies intensified competition among public chains for stablecoin supply. Whether the XRP Ledger’s share can rebound is worth monitoring.
Separately, statistics show that as of September 1, the cumulative net inflow into U.S. spot XRP ETFs reached $1.68 billion. Whether there is a linkage between institutional capital and stablecoin expansion remains speculation rather than confirmed fact.
The editors’ observation is that a monthly supply growth rate of about 41% reflects the issuer’s generally optimistic assessment of demand conditions. However, the reversal in on-chain distribution also suggests that a stablecoin’s long-term competitiveness depends on the real usage scenarios and liquidity depth of the network it resides on—not simply on the headline growth in issuance numbers.
#RLUSD supply hits a record $2.44 billion #BTC #ETH #BNB
Overnight it was all green, but nobody dares to cheer? BTC is stuck below the pivot point; the bulls still owe an explanation
At 9 a.m., look at the data before you talk.
BTC is currently 77,798, up 1.33% over 24 hours. The overnight low was 76,609.7, and the high touched 79,570.9. It’s up, but it’s an awkward kind of up—price is still below the daily pivot at 78,024.77. The rebound hasn’t even reclaimed yesterday’s focus; this is a rebound, not a reversal.
What about funding rates? BTC is 0.0039%, and ETH is even more extreme at 0.0004%. Leverage is basically lying flat. This upmove wasn’t chased by retail—no leverage buildup, no FOMO, and the market still hasn’t reached a crowded stage. But the condition is simple: get above 78,024.77.
The intraday script is already written. Reclaim the pivot at 78,024.77, then look to R1 at 79,699.43. The overnight high at 79,570.9 is sitting right nearby—double pressure. If the pivot can’t be held, and it pulls back, first watch S1 at 76,478.63. The overnight low at 76,609.7 is the first buffer. If it breaks below 76,478.63, then this rebound is directly marked as invalid.
ETH is following up, up 1.09%, at 2,511. It’s only half a step away from the pivot at 2,530.01. Trading volume of $11.35 billion isn’t bad. Reclaim 2,530.01 to target R1 at 2,598.91; if it loses it, watch S1 at 2,445.02. The logic is the same as BTC’s: first stand back on the pivot, then talk about conviction.
XRP has to be named. In the last 24 hours it surged 5.32%, the best in the whole field, but its funding rate is just 0.01%—the highest among several major coins. Price is pressing against the overnight high at 1.4916, and R1 is exactly capping at the 1.5 integer level. The ones chasing higher and the ones unloading are now greeting each other. With the integer level as an overlap point, if it can’t break above 1.5, this big bullish candle is essentially being used to carry people’s hopes.
BNB is the most honest: down 0.007%, at 719, stuck dead between S1 711.92 and R1 731.92. When the overall market is up, it doesn’t move—either the main players didn’t clock in, or they’re brewing something nasty.
The direction is very clear: bullish bias. All three lines are turning red, funding hasn’t overheated, leverage isn’t crowded, and the data is on the bulls’ side. But a bullish bias doesn’t mean you close your eyes—78,024.77 is today’s watershed. If it gets above it, the bulls have the advantage; if it can’t, everything is just stubborn talk.
The people who were saying “it’s over” near 76,609.7 last night are now shouting “a new era” in the XRP comment section. One bullish candle can change people’s worldview; two bullish candles can make them forget their parents. The market always teaches investors—tuition is never discounted.
US stock AI stocks broadly fall as well as crypto market liquidation and regulatory developments 📰 Crypto Morning News | 2026-09-15 09:00
🔥 Major Events 1. OpenAI to acquire a camera technology company Glass Imaging for over $300 million — OpenAI has acquired Glass Imaging, an intelligent smartphone camera technology company founded in 2019, for more than $300 million… 2. Analysts say Indonesia’s finance minister replacement could ease investor unease — A Reuters analysis article rates the personnel change of Indonesia’s finance minister as “Good move,” saying it will ease investors’ nervous sentiment…
📊 Market Data 1. BTC briefly dips below 78,000 USDT; 24h gain narrows — According to OKX market data, BTC briefly fell below 78,000 USDT and is currently at 77,991.6 USDT… 2. Global liquidations across the past 12 hours total $250 million; short positions lead losses — According to Coinglass data, global futures liquidations totaled $250 million over the past 12 hours… 3. Three major US stock indexes close lower; AI-related shares broadly fall — According to MSX.COM data, the Dow fell 0.29%, the S&P 500 fell 0.48%, and the Nasdaq fell 0.56%… 4. Alameda transfers 9.47 million USDC to Coinbase Prime (SOL) — According to Arkham monitoring, Alameda Research transferred to Coinbase… 5. Bitwise’s BHYP ETF wallet deposits 84,320 HYPE — According to Onchain Lens monitoring, Bitwise’s BHYP… 6. USD/JPY rises 0.21% to 154.666; gold and silver move in different directions — According to Gate data, gold fell to $4,293.14 per ounce, down 0.17% on the day…
🏛️ Regulatory Policy 1. US Democrats reject Senate crypto bill text due to ethical provisions — According to Bloomberg law coverage, US Democrats refused the Senate crypto bill text because of the wording of its ethical provisions, and the legislative process has hit another obstacle… 2. US prosecutors seek forfeiture of $61 million in crypto gains from Iran oil black market — According to The Block, US prosecutors are seeking to forfeit $61 million worth of crypto currency gains tied to the sale of Iran oil black market… 3. Goldman Sachs shifts to expecting the Fed to hike by 25 bps in September — The full-schedule research note for September 15 shows Goldman Sachs currently expects the Fed to raise rates by 25 basis points at its September policy meeting… 4. Tom Lee: Core PCE may not require a rate hike, down by 100 bps — Tom Lee wrote that the Fed can wait and doesn’t need to choose immediately between two options… 5. Jack Dorsey: AI safety rules may solidify advantages of today’s giants — Jack Dorsey said he supports publishing open AI models and independent evaluation…
💡 Project Updates 1. Dragonfly partner optimistic about Robinhood’s low-fee on-chain strategy — Dragonfly partner Haseeb Qureshi posted… 2. Cluster Protocol token CP appears in OKX network monitoring — According to the CexAlerts on-chain monitoring reminder, Cluster Protocol project token CP appears on related OKX networks (C…
📊 Market Snapshot: BTC $77,927 (+1.48%), funding rate 0.0039%; ETH $2,514.79 (+1.24%), funding rate 0.0006% 📍 Daily buy/sell points: $BTC daily sell point $79,699 | daily buy point $76,479 / $ETH daily sell point $2,598.91 | daily buy point $2,445.02 / BNB daily sell point $731.92 | daily buy point $711.92
Brazil Raises Capital Threshold for Virtual Asset Licenses
Brazil’s crypto regulation has entered a more clearly defined phase of prudent market access. According to information already disclosed, on September 14 the Central Bank of Brazil finalized the final rules for virtual asset service providers. The minimum licensing capital is divided by business type and risk level, ranging from about 10.8 million to 37.2 million Brazilian reais (approximately USD 2.11 million to USD 7.20 million). Compared with the earlier consultation draft’s range of roughly USD 1 million to USD 3 million reais, the new standard is clearly higher. It also adds requirements for governance, internal controls, anti–money laundering, audits, and ongoing reporting.
The key point is that this is not merely a change in a single capital figure, but an overall elevation of the market access framework. Industry estimates suggest there are currently about 150 to 300 relevant companies in Brazil. Of these, about 20 to 25 may apply with the necessary conditions or willingness, and ultimately only around 10 may obtain licenses. The report also mentions that some smaller platforms have already ended or reorganized their retail business. This means the regulatory threshold may shift from being purely a cost item to becoming a structural market variable, directly affecting which institutions can continue serving local users.
Logically, when the central bank raises capital requirements, it usually reflects higher expectations regarding the safety of clients’ assets, operational resilience, and anti–money laundering responsibilities. Capital is only the first layer of screening. Subsequent governance, internal control, audit, and ongoing reporting requirements will further increase compliance spending. For asset-light, small-team platforms, the real pressure may not come only from one-time capital top-ups, but also from the need for long-term compliance personnel, system development, and external audit costs.
The impact on the crypto market may unfold in three layers. First, the number of local service providers may shrink, causing retail entry points to become more concentrated; users may flow more toward platforms with stronger capital and more complete compliance capabilities. Second, the importance of licensed institutions’ cooperation with banks, payment firms, and custody service providers will increase. Fiat on/off-ramp and custody standards may become competitive focal points. Third, as Brazil is a major market in Latin America, its regulatory moves may be used as reference by other emerging markets—especially given the rapid development of stablecoins, cross-border payments, and local transaction services.
What needs to be distinguished is that existing information confirms a substantial increase in capital requirements and industry estimates for the number of approvals, but it does not allow conclusions that specific companies will exit, nor can it directly be used to infer the direction of short-term market prices. The editorial view is that the signal released by Brazil’s rules is not simply a negation of crypto business; rather, it moves the industry from low-threshold expansion into a framework of licensing, adequate capital, and ongoing supervision. In the long run, this may reduce certain compliance risks. In the short run, however, the adjustment and consolidation pressures on small and medium-sized platforms will be more pronounced.
Don’t just lie down during the night session—BTC has already moved above the pivot point
The evening chart isn’t complicated: BTC current price 77733.9, 24h change +1.304%, high 78343.8, low 76350.1, and trading volume 8.28B. The day session first shakes you out near 76350.1, then pulls back to 77733.9. This kind of move is annoying, but it’s effective. The panic crowd got educated by the market again.
The key is 77335.3. BTC is currently above this level, which means the intraday bulls haven’t fallen apart. As long as the night session doesn’t drop back below 77335.3, 78343.8 remains the first resistance. If it can’t break through, that’s normal—don’t fantasize fireworks from a single green candle. Funding rate is 4.583e-05: not high, but it’s not like nobody’s lining up to get on the train.
ETH is a bit weaker. Current price 2507.94, up 1.163%, high 2534.76, low 2460.3, volume 7.04B. It’s grinding right around 2514.69, like a student who wants to perform but is afraid of getting hit. If the night session can reclaim 2514.69, then there’s a chance to look again at 2534.76. If it can’t hold, it’s easy to drop back and test 2487.5, and even 2448.28.
BNB is more like a slow bull-run bulldozer. Current price 722.63, up 0.825%, high 729.13, low 713.01, volume 0.27B. The volume isn’t large—don’t hype it into a main storyline. As long as 722.63 is above 719.98 the structure is relatively steady, but 726.96 and 729.13 are two “bricks” overhead. Without volume during the night session, rushing up there is also likely to get slapped.
XRP is the show stealer today. Current price 1.3981, up 4.149%, high 1.4094, low 1.3312, volume 0.8B, funding rate 0.0001. It’s rallying hard, and people who chase momentum are starting to get overexcited. 1.36 has already been left behind. Short-term strength is strong, but until 1.4094 breaks through, don’t treat the bounce as a miracle.
Conclusion: the night session is biased bullish. BTC is the backbone. If BTC holds 77335.3, bulls are in control—first look at 78343.8. If it falls back below 77335.3, the rhythm turns weaker, and 76366.8 and 76350.1 will again be targeted by the market. For ETH watch 2514.69, for BNB watch 726.96, and for XRP watch 1.4094. Don’t put faith in slogans—whichever side the price is on, that’s where your face turns.
BTC has stepped on the daily sell point at 77335 and left it behind; meanwhile, ETH is still standing guard at the doorstep of 2514.
77643, up 0.62%. The daily sell point 77335 has been thrown off to the back of the crowd, and the intraday high—77840—hangs right above their heads. The bulls used real money to grind the pivot point through; that is the biggest news on the midday board.
First, pour a bucket of cold water: the funding rate is 0.01%, and leverage isn’t overexcited. This kind of uptrend with no FOMO flavor is the most solid. Wait until one day when the funding rate explodes and everyone is shouting call orders—then you can get nervous; it won’t be too late.
Where are ETH’s believers? At 2513, down 0.21%. The daily sell point at 2514.69 sits on top of their heads, untouchable. The mouths that keep shouting about a super cycle are still there—but the price already cowered first. For real support below, look to the 2448 daily buy point; the daily low at 2460 has already probed once.
XRP is the real protagonist today: 1.3765, up 0.97%. It firmly holds above the daily sell point at 1.36, and the funding rate of 0.00866% is also restrained. Money votes with its feet—who it votes for is obvious.
BNB 725 is tucked under the daily sell point 727. No lines to speak—no words.
Volume: BTC 7.6 billion, ETH 7.3 billion—an ongoing battle of existing positions. If there’s no story of fresh capital coming in, don’t add extra drama for yourself.
Direction: data leans bullish. For BTC, if it holds above 77335, first look at 77840; a breakout will open new room. If it loses that level, then expect a pullback to the 76366 daily buy point; if that’s broken too, then go look at the daily low of 76350. For ETH to turn around, first get back above 2514; if it can’t hold, then 2448 is in sight.
I only recognize price levels, not beliefs. Belief can’t stop losses; price can.
It is reported that Anthropic has selected Nasdaq for a potential IPO
According to multiple media reports citing sources familiar with the matter, the AI company Anthropic PBC has chosen Nasdaq as the venue for its potential initial public offering. The reports indicate that the company’s listing arrangements may move forward as early as October. Other information suggests it plans to begin a roadshow in mid-October and aims to complete the listing by November. It should be noted that, at present, publicly available information is still mainly based on “insider-reported” claims and media follow-ups. Whether the company will ultimately follow this timeline remains to be confirmed by official filings and the regulatory process.
From the core facts, the emphasis of this news is not that Anthropic has already completed its listing, but rather that it is reportedly leaning toward Nasdaq in terms of the exchange it would use. The evidence also mentions that the New York Stock Exchange was considered as an alternative. If Nasdaq ultimately takes on the deal, it would secure a highly watched IPO of a leading AI company. Additionally, reports say that Anthropic previously submitted an S-1 registration draft to the U.S. Securities and Exchange Commission in secret, meaning the listing review process has entered a preparation stage.
Valuation and funding size are another line of interest for the market. There are reports that Anthropic is seeking to raise through its IPO an amount comparable to or greater than SpaceX, targeting a valuation of about $2 trillion. Other sources mention that its post-investment valuation after a financing round completed in May was $965 billion, with cumulative funding totaling $130 billion. These figures show that market capitalization expectations for top AI model companies remain very high. However, whether these expectations materialize depends on final pricing, investor demand, financial disclosures, and the broader liquidity environment.
For the crypto market, the direct impact is not whether Anthropic issues stock, but whether the AI asset narrative may be repriced. If IPO progress for large AI companies goes smoothly, risk assets tied to artificial intelligence themes could attract more attention. Sentiment may also spill over into sectors such as on-chain AI, computing power, data, and decentralized infrastructure. Conversely, if valuation disputes intensify or the listing window is delayed, the market may focus more on real revenue, profit margins, and sustainable business models, and related crypto projects may face a more stringent fundamental review.
The editorial assessment is that the news of Anthropic choosing Nasdaq is event-significant, but it is still only a partial signal within the listing process rather than confirmation that the IPO will be completed. Investors should pay more attention to the revenue structure after the subsequent S-1 filings become public, cost pressures, underwriting arrangements, and the final offering valuation. For the crypto market, this event is better suited as a window to observe AI narrative heat and risk appetite, and should not be simply equated with a direct positive catalyst for any single type of token.
All green at Monday’s open—BTC is pinned below 76,897 and “plays dead”
Monday—green at the open. BTC at 76,784.5, down 0.58%; ETH at 2,482.8, down 1.61%; BNB at 719.25, down 1.29%; XRP at 1.3463, down 1.50%. The four coins move in perfect sync; even the bulls can’t be bothered to put on a convincing struggle.
Most striking is the trading volume: ETH at $6.3B, overtaking BTC’s $5.73B. Funds are squeezing into ETH, yet the drop is the worst—this isn’t rotation; it’s a dress rehearsal for a stampede.
Look closer at BTC’s position: current price 76,784.5. The pivot is 76,897.1—about a hundred-odd points above. The overnight high 77,427.4 touched it and then got rejected. Price is trading below the pivot, meaning the bulls are being forced underwater to practice holding their breath. Two staggered support lines underfoot: the daily buy point 76,366.8 and the overnight low 76,350.1. They’re so close they almost overlap—once 76,350.1 breaks, it’s the no-man’s-land below.
ETH is even more miserable. It can’t even reach the pivot at 2,487.5. The overnight low 2,460.3 is wobbling; once it breaks, you immediately look to the daily buy point 2,448.28. Funding rate: 0.0042%. The bulls’ conviction is as good as that number—barely anything.
XRP is the most honest: funding rate -0.0053%, flipping negative directly. Leveraged longs are being “educated” by the market. The pivot at 1.35 has already been lost; 1.32 is the last line of defense.
Direction: bearish.
Don’t expect anything fancy intraday: if BTC can’t reclaim 76,897.1, any rebound is just a false move; if it breaks below 76,366.8, 76,350.1 will be punctured straight through. 77,335.3 above is the daily sell point—don’t get carried away if price runs up near there; that’s the distribution zone, not a victory podium. ETH is the same: break below 2,460.3 and you target 2,448.28; only when it reclaims 2,514.69 do you have the right to talk about a rebound.
The last line is painful: the funding rate hasn’t collectively turned negative yet, which means leveraged longs haven’t fully died. As long as longs don’t die, the downtrend won’t stop. The day funding flips negative across the board and leverage is thoroughly washed clean—that’s the moment worth keeping your eyes wide open. Now? Keep your hands to yourself—don’t offer the market free liquidity in the 76,350 to 77,427 range.
Under Macroeconomic Pressure, the Crypto Market Continues to Pull Back 📰 Crypto Morning News | 2026-09-14 09:00
🔥 Major Events 1. This week’s focus: Federal Reserve decision and the CLARITY bill vote — This week is the central bank’s “super week.” The Fed will publish its interest rate decision and the summary of economic projections early Thursday Beijing time… 2. Supply concerns in the Middle East lift international crude oil early gains to 3% — In Asian early trading, the intraday rise in WTI and Brent crude temporarily expanded to 3%. Reports say Saudi Arabia’s key oil pipeline was shut after a drone attack…
📊 Market Data 1. The crypto market continued its pullback on Monday; Bitcoin fell below $77,000 — The material says that after August inflation came in above expectations, market bets on the Fed raising rates this week rose to over 85%. The crypto market continues to pull back… 2. CICC says the Fed’s best move in September is to raise rates to maintain credibility — A CICC research report states that from the perspective of maintaining the Fed’s credibility, the best option in September is to raise rates. The material mentions that after Non-Farm Payrolls and inflation repeatedly beat expectations… 3. If the Fed raises rates again by 75 bps, short-term bond interest could increase by about $50 billion — The material says the U.S. has about $7 trillion in outstanding short-term Treasury bills. For 2026, the amount of U.S. Treasuries available for refinancing could be about $7.5 trillion… 4. Newly issued Meme coins broadly fall; 4Stock drops more than 32% in 24 hours — According to GMGN data, alongside Bitcoin’s ongoing downtrend, newly issued Meme coins across multiple chains broadly fell… 5. Trader Loracle trims short positions and shows a profit of over $5 million — TradingBeats monitoring shows that in the past 2 hours, Loracle continued trimming positions with 3x leverage against CASHCAT and PONS shorts… 6. Analysts say Bitcoin hasn’t made a new high over the past year; the cycle rhythm may be changing — CryptoQuant analyst Darkfost says Bitcoin is about 342 days away from the last new high, approaching one year… 7. Arthur Hayes says AI-first ultimately may release liquidity — Arthur Hayes said that if AI compute demand hits a gap, it may ultimately be backstopped via fiscal or monetary channels… 8. Chinese Meme coin “Lobster” market cap briefly breaks $180 million — According to GMGN quotes, the Chinese Meme coin “Lobster” briefly surpassed $180 million in market cap and hit a historical high, with a 12.7% gain over 24 hours… 9. Bitwise says 67% of wealth-management institutions have not allocated to crypto — Bitwise Research shows that 67% of wealth-management institutions have not allocated crypto into investors’ portfolios… 10. South Korea’s KOSPI opens down 3.14%; tech stocks under pressure across South Korea and Japan — According to Bitget market data, South Korea’s KOSPI index opened down 3.14%; SK Hynix fell 5%, and Samsung Electronics fell 3.6%…
🏛️ Regulatory Policy 1. Nate Geraci says the CLARITY bill is not a decisive factor for the crypto future — The ETF Store president Nate Geraci said that if the CLARITY bill advances, it would be a good thing…
💡 Project Updates 1. ARB, ZRO, and STRK will see a one-time, large unlock this week — Token Unlocks data shows that this week ARB, ZRO, STRK, and others will experience large unlocks… 2. Bonk Guy says Arc mainnet launch may offer trading opportunities in the near term — Bonk Guy said that over the past few weeks, multiple Arc ecosystem builders have proactively contacted people in hopes of attracting high-frequency traders to participate in early on-chain activity…
📊 Market Snapshot: BTC $76,775 (-0.60%), funding rate 0.0083%; ETH $2,483.07 (-1.65%), funding rate 0.0041% 📍 Daily Buy/Sell Levels: $BTC daily sell point $77,335 | daily buy point $76,367 / $ETH daily sell point $2,514.69 | daily buy point $2,448.28 / BNB daily sell point $726.96 | daily buy point $709.77
🔥 Major Events 1. Chainflip attacked, losing 736,442 USDT — Chainflip disclosed an attack targeting Tron USDT, confirming that 736,442.17 USDT was transferred via 6 unauthorized transactions… 2. Iran says the Strait of Hormuz may open a new channel — Iran’s foreign minister said that the September 14 meeting in Oman will discuss a new maritime channel in the Strait of Hormuz…
📊 Market Data 1. An agent says Bitcoin may hover and still face downside risk — “1011 Insider Whale” agent Garrett Jin said that if Bitcoin continues to stay around $765,000… 2. U.S. stocks’ AI sector mostly falls pre-market — MSX.COM data shows that most of the U.S. AI sector is down pre-market; the over-the-counter contracts linked to Anthropic’s listing correspond to a market value down 3% over 24 hours… 3. Analysts say AI slowdown may suppress short-term sentiment — Analyst Jukan at Citrini said that calls from Anthropic and OpenAI to slow AI development could suppress AI-related sentiment in the short term…
🏛️ Regulatory Policies 1. Trump discusses ethical provisions of the CLARITY bill — An insider says Trump met with advisers to discuss the government ethics provisions proposed to be included in the CLARITY bill… 2. South Korea’s digital asset basic law may be delayed — A South Korean lawmaker said the digital asset basic law plan is to advance within the year, hold a public hearing this month, and review it starting in November; however, it is affected by national government supervision and the budget…
💡 Project Updates 1. An address associated with LSK tops up 3.29 million tokens to Binance — On-chain monitoring shows that 5 hours ago an address linked to the LSK project deposited 3.29 million tokens to Binance, worth $3.79 million… 2. MiniPay stablecoin wallet releases three-year data — MiniPay, a stablecoin wallet launched by Opera based on Celo, has been live for three years; materials show its users exceed 18 million… 3. Cathie Wood responds to controversy over AI risk remarks — Cathie Wood posted that David Sacks believes recent reports about “AI destroying humanity” may have been orchestrated…
📊 Market Overview: BTC $76,726 (-0.70%), funding rate 0.0058%; ETH $2,476.21 (-2.25%), funding rate -0.0023% 📍 Daily trading levels: $BTC daily sell point $77,472 | daily buy point $77,019 / $ETH daily sell point $2,544.71 | daily buy point $2,506.20 / BNB daily sell point $737.07 | daily buy point $722.18
BTC squeezes out a thin win, ETH drags everyone down: watch 76458 in the overnight session
Full-day recap in one sentence: BTC holds up the last bit of dignity; everything else gets left behind. BTC is down just 0.74%, to 76752—seemingly tough. But it can’t reclaim the daily buy point at 77019 after days of failure, and the axis point at 77248 can only be looked at from afar. This isn’t “holding up through selling”—this is “putting on a brave face.” ETH is down 2.18%, to 2479. The 2506 buy point was immediately trampled; below it, only 2466 remains—a paper-thin door. The key point: ETH’s trading volume is 4.46 billion U, even stronger than BTC’s 3.95 billion. Selloff with increased volume—are you calling this “washing the market”? BNB is the worst: down 2.76%, sliding from 737.97 to 716.77 with no real rebound at all. XRP is down 2.14%, and the 1.35 buy point is gone too. Today’s script: fish-hooking during the morning spike, grinding lower in the afternoon, and “playing dead” into the close. All four coins are lined up below the daily buy points—judge the scene for yourself.
Overnight outlook: the direction is given outright—bearish signals are clear. BTC’s lifeline is the intraday low at 76458. If it holds, it will chop in the range between 76458 and 77019. If it breaks, there’s nothing but open air below—don’t rush to catch falling knives. For a relief rebound, look at 77248 to 77471. The axis point stacks on top of the sell area—when price touches there is the window to take profit, not a signal to chase in. ETH is even more straightforward: a break below 2466 invites further downside; if it can’t get through 2506 on the rebound, the weakness won’t change. The most ironic data: BTC funding rate +0.006%. Despite dropping like this, the longs are still paying extra to prop up their belief. If you overpay the “faith fee,” the market will personally come collect rent. ETH funding rate -0.0017%: the shorts can’t even be bothered to collect interest—clearly not in a rush. A live quote from the retail crowd: “With this much down, a rebound should be coming, right?” The people sent away all day by that sentence will be able to line up into next year. If you chased highs in the day and got trapped, sleep earlier tonight. Don’t乱接 anything below the buy points—wait for the rebound to stabilize before talking about opportunities.
Grayscale Litecoin Trust to ETF Application Submitted to the SEC
The latest progress in Grayscale’s plan to convert its Litecoin Trust into an ETF marks a new milestone in the expansion of crypto ETFs. Verified information shows that Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to rename the Grayscale Litecoin Trust as a Grayscale Litecoin Trust ETF. The product is planned to list on NYSE Arca under the ticker symbol LTCN. The significance of this development lies not merely in the name change itself, but in the regulatory process and market entry shift that corresponds to converting a trust structure into an exchange-traded fund.
By way of background, Litecoin has not just recently entered the ETF application landscape. Before now, the market had already seen multiple institutions move forward with spot ETF applications involving assets such as SOL, LTC, and XRP. Among these, Litecoin-related applications were widely considered to be relatively advanced in terms of progress. Reports indicate that Grayscale and Canary’s Litecoin ETF applications were previously accepted by the SEC. Under the usual process, after the 19b-4 filing is accepted, it moves into a phase of public comment and subsequent review. The SEC may, at multiple points, choose to approve, reject, or extend its review. Therefore, submitting an application does not equate to approval, nor does it necessarily mean the product is about to be listed.
Logically, Grayscale’s decision to convert an existing trust follows a common path it has used for Bitcoin, Ethereum, and other asset trust products. If an existing trust is converted into an ETF, it could improve secondary-market trading mechanics, transparency, and accessibility via traditional brokerage channels. However, all of this still depends on regulatory approval, exchange rules, and the final form of the product documents. Litecoin’s distinguishing features include a relatively long operating history and high market recognition. Some research has also listed it among the altcoins considered more likely to enter the ETF framework earlier. But these are market expectations, not regulatory conclusions.
The impact pathways on the crypto market can be viewed in three layers. First, if the review proceeds smoothly, LTC may gain more narrative space as a compliant financial product. Second, the range of investors’ access to a single crypto asset via ETF channels could expand further. Third, the relative “comparison effects” of other altcoin ETF applications may be amplified, especially for assets like SOL and XRP, which are still awaiting clear outcomes. In this editor’s view, this development is better understood as an observation of regulatory process progress rather than a direct interpretation of a price event. The key going forward is to watch whether the SEC further discloses filings, the comment period, and review milestones—not to treat the submission of an application as a certain outcome.
ETH trading volume surpasses BTC: the most honest money flow vote of the weekend
On Sunday’s midday session, the market was so quiet you could hear the sound of transaction fees hitting accounts. BTC was pinned in a tight range of 77,025 to 77,477. 77,179 was hanging on the screen—everyone watching looked like they were about to fall asleep.
But in the quiet, there was a plain truth: ETH’s 24-hour trading volume is 3.26 billion, while BTC is only 3.03 billion. ETH overtook it. Weekend capital isn’t inactive—it’s just changed rooms.
Break it down: BTC down 0.009%—basically no movement; ETH up 0.299%—the toughest among the majors; BNB down 1.005%—726 is right by the daily buy area around 722, but the money doesn’t even look at it; XRP up 0.066%—purely just running along.
Funding rates: BTC 0.0084%, ETH 0.0095%. What level is this called? It’s called “nobody’s getting overexcited.” Leverage isn’t crowded, and there’s no stacked liquidation wall overhead. If you want to lift the sedan, there aren’t stones in the road.
No new catalysts over the weekend, so the direction can only grow out of the chart itself. What the chart currently says is: moderately bullish—led by ETH.
BTC has only two key levels: the pivot point 77,248 sitting overhead. If it holds and then breaks above 77,471, this low-volume consolidation range is basically the crouch before takeoff; on the other hand, if 77,019 can’t be held, then my bullish call is invalid on the spot—I won’t be stubborn.
ETH is even more straightforward: the floor is 2506, the ceiling 2544. Now 2519 is just below the pivot at 2526, building up energy. ETH’s strength isn’t shouted—it’s built block by block with a 3.26 billion trading volume.
Tongue-in-cheek reminder: during a sideways range, the most expensive cost isn’t floating losses—it’s entering heavy before the direction has flashed its ticket. In a low-volume market, watching which side breaks first between 77,471 and 77,019 is a hundred times more advanced than guessing the top or the bottom.
Bottom line: data leans bullish—ETH leads the charge. Before BTC stands above 77,471, make your position size match your patience.
Overnight trading was so boring it made you want to smash your keyboard. BTC is at 77231.9, with a 24-hour change of -0.005%—this isn’t consolidation; it’s an ECG flatline. All night it stayed trapped in the box between 77025.1 and 77477.4. The upper edge at 77477.4 is barely touched and it shrinks; the lower edge at 77025.1 is stepped on and it pops right back. Even the main force didn’t bother with fake moves.
But the details didn’t let you sleep.
1. ETH trading volume: 3.38B, directly overtaking BTC’s 3.01B. Big bro got punished with stand-by duty, while second bro did the work—where the funds moved doesn’t need me to translate. ETH is up 0.489% to 2523.22, just one step away from the daily sell point at 2544.71.
2. Leverage is clean. BTC funding rate is a bit over 0.005%, while ETH is 0.0054%. Bulls didn’t borrow money to force the move—so this little rebound wasn’t built with leverage stacks. XRP is even more absurd: the funding rate is still negative, yet the price is up 0.685% to 1.3663. Shorts are paying for the party; longs are eating for free. When was the last time you saw待遇 like this?
3. XRP is stuck oscillating between the daily buy point at 1.35 and the daily sell point at 1.38. Altcoins move first—either it’s an appetizer for sentiment warming up, or a greedy-trap “open the appetite” soup. Watch if you want, but don’t rush to push your position out as if it were chips.
Direction: slightly bullish, but BTC today only has one chance to prove itself.
Remember the levels: the BTC daily pivot is 77248.43, and the current price is grinding just below the pivot. If it reclaims above 77248.43, then you have the right to go after 77471.77; if it loses 77019.47, don’t talk about a rebound—downside risk is immediately amplified. For ETH, hold 2526.16 to reach 2544.71; if it breaks below 2506.2, everything gained yesterday gets fully given back.
Final line, poisonous: consolidation isn’t a safe zone—it’s the main force’s nap time. If 77471.77 can’t break through, no matter how lively the rise looks, it’s still just a fake action. The thing retail traders are best at is getting trapped to death with high-sell/low-buy inside boxes like this.
BTC drew an awkward silence; ETH raked in $15.15B in trading volume and took control
One-line daily recap: BTC surged to 79,859.8, then slid back to 77,325.8—up just 0.433% for the day, drawing an awkward silence. ETH pushed from 2,433.04 all the way to 2,666.0, then closed at 2,535.2—up 3.178%, with $15.15B in volume, forcibly outpacing BTC’s $14.39B. BNB is up 3.313%, XRP up 3.267%—the altcoins are showing more spirit than the big brother.
More honest about liquidity: BTC funding rate 0.0041%, ETH 0.0059%, XRP 0.0079%—all single-digit basis points. Leverage isn’t getting carried away, and sentiment hasn’t hit a boiling point—markets often run the farthest when nobody is chasing.
What to watch in the night session: BTC current price 77,325.8, stuck below the daily pivot point of 77,683.73. This is the bulls’ only homework tonight. If it regains 77,683.73, first target is 79,367.17. If it can’t reclaim it, don’t get attached to the low at 76,000.3 that the day already tested— the real line of defense is 75,507.67. Until the level breaks, don’t scare yourself.
ETH is the real protagonist. It closed near the pivot 2,538.17, and a strong consolidation is no joke. If it holds above 2,538 overnight, the first target is 2,643.3. As long as the pullback doesn’t break 2,410.34, the structure hasn’t been damaged—any retracement is just a feint.
Time for sarcasm: Yesterday you were yelling “BTC is the only star.” Today you instantly become ETH believers—your narrative-switching speed is faster than the needle on an exchange. The numbers are right in front of you: money is flowing into ETH and the altcoins; BTC is merely a somewhat uncompetitive backdrop. The day funding rates spike together and everyone starts shouting buy orders—then that’s the signal you should truly watch out for.
Direction: Slightly bullish. But the main battleground isn’t BTC—it’s ETH. The price levels are all laid out for you; the rest depends on execution.
Circle plans to acquire Tazapay to strengthen cross-border payments
On September 8, Circle announced that it has signed a definitive agreement to acquire Tazapay, a cross-border payment infrastructure company headquartered in Singapore. The transaction is valued at approximately $400 million and will be paid in Circle stock. The deal is expected to close in 2027, subject to closing conditions and regulatory approvals, including from the Monetary Authority of Singapore. Based on information disclosed so far, this is not an already-completed merger or acquisition, but a transaction arrangement pending approvals and closing.
Tazapay’s value mainly lies in its real-world payment network. According to available materials, its business serves payment service providers and financial institutions. It has connected with more than 60 banks and fintech partners, and its local payment network covers more than 100 markets. Annualized payment transaction volume exceeds $25 billion, with about 60% of the volume involving stablecoins. For Circle, while USDC provides a digital dollar settlement tool, businesses still need local accounts, fiat currency conversion, banking connectivity, and compliant in-and-out fund transfer channels to send and receive cross-border payments. Tazapay fills exactly this gap.
Logically, competition in stablecoin payments is shifting from “whether on-chain transfers are fast enough” to “whether end-to-end delivery can be completed.” If a commercial payment only transfers value on-chain, it does not automatically solve the issue of the recipient obtaining local currency. By combining USDC, the Circle Payments Network, and Tazapay’s local payment rails, Circle aims to connect digital dollar settlement with local fiat distribution into a closed loop.
The impact pathway on the crypto market first plays out in stablecoin application scenarios, not in short-term price volatility. If the transaction is approved and integrated smoothly, the entry points for using USDC in cross-border trade, business payments, and institutional settlement may increase, and the demand source for stablecoins may extend further from trading scenarios into real commercial payments. At the same time, banking relationships, regulatory permissions, and local distribution capability will become key barriers for stablecoin issuers.
It is important to note that public information has not yet disclosed Tazapay’s revenue, profits, integration costs, or its specific contribution to Circle’s performance, nor does it indicate that Tazapay has any official native token, a tokenomics model, or an airdrop plan. Therefore, the market should view this event more as an integration of stablecoin payment infrastructure rather than a new asset issuance story. In editorial terms, the core of a $400 million purchase is not a single company name, but a set of already operational cross-border payment connectivity capabilities. The key going forward will be regulatory approvals, the progress toward closing the deal, and whether these payment flows can be converted into sustainable revenue.
The optical communications sector rose 3.17% intraday; AI fiber demand receives confirmation from large orders
On September 8 in U.S. Eastern Time, U.S. stocks in the optical communications sector strengthened. The sector index rose 3.17% to around 4,983, with 19 of 21 constituent stocks gaining. Viewed over a longer time frame, this is yet another concentrated surge in the industry chain: in May this year, Lumentum jumped 16.52% in a single day and hit a record high; its cumulative gain for the year at one point exceeded 180%. In early August, the Philadelphia Semiconductor Index surged more than 5% in a single day, and optical communications and storage sectors moved up in tandem. The buoyancy of the AI industry chain is continuing to spill over from the chip layer to the network hardware layer.
The most direct catalyst for this round of gains is that Corning signed a multi-billion-dollar, ten-year optical fiber supply agreement with U.S. telecommunications operator Verizon. The supply will exceed 80 million miles of high-density fiber, serving residential broadband and AI data center backbone networks. Previously, Corning had already secured large long-term orders with companies including Meta, NVIDIA, and Amazon. On the trading board, AXT and Lumentum rose more than 12%, POET rose more than 10%, and Viavi, Corning, and Coherent rose more than 9%, reflecting a broad-based rally.
The logic can be viewed in three layers. On the demand side: market estimates put AI data center demand for fiber at about 16 times that of traditional switching-facility scenarios. Large-model training and inference clusters are shifting the compute race from the chip layer to the network interconnection layer. On the supply-validation side: top manufacturers have continued to lock in multi-year large orders, indicating that cloud companies’ capital expenditures are willing to secure production capacity in advance for network infrastructure. On the sentiment side: AI compute demand had already been backed by multiple rounds of orders. For example, Anthropic signed a six-year, up-to-$10 billion compute procurement agreement with cloud infrastructure companies supported by NVIDIA, giving firms confidence to keep expanding along the AI infrastructure chain.
Optical communications and crypto assets have no direct business linkage, but they are synchronized indicators of AI infrastructure growth. The transmission path to the crypto market (the following is the editor’s speculation, not a factual statement): first, as AI hardware chain growth rebounds, it typically brings a sentiment linkage to crypto market AI-concept sectors, and attention to compute narratives may heat up; second, expansion in AI capex will trigger discussion about the supply landscape for compute. Decentralized compute and storage-related projects are often used by investors as comparisons against traditional infrastructure; third, when U.S. stock risk appetite improves, tolerance for high-volatility crypto assets generally also rises. It is important to emphasize that such cross-market transmission does not always materialize every time in history—correlations may break quickly when sentiment cools.
Editor’s view: the core of this optical communications market rally is order validation of AI capital expenditures, rather than a one-off news pulse. For participants in the crypto market, a more valuable observation is whether AI infrastructure growth can continue to receive order and earnings confirmation, and whether the valuations of crypto AI sectors can track fundamentals rather than purely sentiment-driven fluctuations. The content above is for reference only and does not constitute investment advice.
#Optical communication stocks collectively rise more than 3% #BTC #ETH #BNB
ETH’s trading volume surpasses BTC: funds vote with their feet, while the “big pie” lies flat as copycats dance
The most interesting thing on the midday board isn’t the percentage gain—it’s the volume ranking.
BTC is up 0.123% over 24 hours, trading at 77186.3; its heartbeat chart has turned into a straight line. Even the intraday pivot at 77683.73 hasn’t been reclaimed. The bulls don’t press the attack, and the bears can’t smash it down either. Inside the broad range of 76000.3 to 79859.8, both sides are grinding it out, waiting to see who blinks first.
The real drama is in ETH. Up 2.173% to 2511.51, with 24-hour trading volume of $15.62 billion, ETH has cleanly edged out BTC’s $15.35 billion. Funds vote with their feet—more honest than any “call” or shouting.
Even more thought-provoking is the funding rate: ETH’s rate is -0.00000423. The price has risen by more than two points, yet the funding rate is still negative. What does that mean? This wave isn’t “inflated fat” built from leverage piling up. The shorts are still paying to prop it up—its structure is far cleaner than a FOMO-style pump. Those voices shouting “ETH is dead” every day are collectively muted today.
BNB isn’t idle either. Up 2.354% to 734.1, the strongest in the whole market. It’s already reached right up to the daily sell level at 743.62—now we’ll see whether that kick lands. XRP is up 1.128% to 1.3626, stuck between 1.30 and 1.42. It’s neither hot nor cold—basically a supporting character.
Conclusion upfront:
The bias is still bullish, but the lead role has changed. Only if BTC reclaims above 77683.73 will it have the right to probe 79367.17. If it can’t get back up, then it continues to “work for ETH.” If ETH retraces, holding 2410.34 keeps the upside eyes on 2643.3. If BTC loses 76000.3, then directly look at 75507.67 below—don’t hold out fantasies.
The big pie dozes off while the alts dance. In a rotation market, what really tests you isn’t hand speed—it’s your seat. Retail chasing the price is always one beat behind; people who understand where the capital is flowing have already moved into a better position.
Now there’s just one question: are you staring at that straight-line BTC chart and losing sleep, or have you read the ETH signals that are being passed to you?