bitcoin

According to Greeks.live, options delivery data shows that 29,000 BTC options are set to expire, with a Put Call Ratio of 0.6, a maximum pain point of $78,000, and a nominal value of $2.24 billion. 114,000 ETH options are set to expire, with a Put Call Ratio of 1.17, a maximum pain point of $2,450, and a nominal value of $280 million.Analysis indicates that Bitcoin continues to fluctuate around $80,000, having surged to $80,000 over three days in late last month, and has been consolidating for nearly three weeks now. The monthly realized volatility (RV) remains unchanged compared to last week, while the monthly implied volatility (IV) has slightly increased, with a general rise in the volatility risk premium (VRP). From other major options data, 7% of options are set to expire this week, with BTC and ETH open interest slightly declining compared to last week, and overall trading activity has also seen a certain pullback. The cryptocurrency market has experienced a 10-month bear market, with the main altcoins' gains concentrated in a week last month; however, during the pullback period, some concept coins and memes have shown signs of recovery, which is a positive signal. The brief calm in the U.S. stock market has also provided a breathing window for the crypto market, creating a very optimistic market atmosphere. Currently, the monthly out-of-the-money IV is not high, making it worthwhile to consider some directional buys.

The city council of Albuquerque, New Mexico, passed an ordinance on Wednesday prohibiting the operation of cryptocurrency ATMs (cryptocurrency vending machines) within the city limits, while also banning cashier-assisted virtual currency transactions. The city government will notify known operators and retailers hosting the machines, requiring them to remove the relevant equipment within 45 days.The ordinance was jointly initiated by District 1 Councilor Stephanie Telles and District 7 Councilor Tammy Fiebelkorn. Telles stated that 90% of cryptocurrency ATM transactions in Albuquerque are related to fraud, claiming that these machines are primarily exploited by scammers, organized crime, and human traffickers due to the instant, anonymous, and irreversible nature of transactions. Fiebelkorn remarked that we cannot wait for federal regulators to resolve the crisis. The city council emphasized that residents can still freely hold, mine, and transfer cryptocurrencies through online exchanges and personal wallets.In terms of background, Indiana banned such machines statewide in March, Tennessee in July, and Minnesota in August; Delaware has advanced related legislation, New Jersey is considering it, and Texas is also brewing a ban. One of North America's largest operators, Bitcoin Depot, filed for bankruptcy protection in May and removed about 9,700 machines. According to data from the FBI, nearly 11,000 complaints of vending machine fraud were received in 2024, involving amounts exceeding $246 million.

CryptoQuant analyst Axel Adler Jr. stated that on-chain data shows the proportion of Bitcoin supply in profit has rebounded from 47% at the end of June to 69%, moving away from historically common market pressure zones.Meanwhile, the 90-day change of this metric rapidly reversed from -19% in early August to +41%, marking one of the faster recoveries in Bitcoin's history.

Renowned trader Killa published statistics indicating that after the last 3 releases of U.S. CPI data, BTC rose over 5% within 8 days. Killa believes that the current market has already priced in negative news, and the bear market trap has been set. "Let's see if a similar trend will occur this time."As a quantitative trader focused on BTC, Killa predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Blockstream tweeted that it will not pay a ransom for the return of the stolen Bitcoin from the Liquid Network, stating that acquiring assets without authorization and refusing to return them constitutes theft, which does not fall under responsible disclosure or white hat behavior.Blockstream stated that if the stolen funds are not returned, it will cooperate with law enforcement agencies, exchanges, service providers, and forensic experts to track, recover the assets, and identify the responsible parties through all legal means, while emphasizing that Bitcoin transactions are transparent and relevant evidence will not disappear. Blockstream is the main developer and technical provider of the Liquid Network. Liquid Network stated that "approximately 4,000 BTC were taken by white hat hackers," and the sidechain has therefore suspended operations.

Cardone Capital purchased 20 bitcoins at $76,500 each and incorporated them into a mixed asset portfolio of real estate and bitcoin.

According to Farside Investors monitoring, yesterday Bitcoin ETF had a net outflow of 282.7 million USD, among which ARKB had a net outflow of 164.3 million USD, GBTC had a net outflow of 36.4 million USD, and FBTC had a net outflow of 33.6 million USD.Ethereum ETF had a net outflow of 29.9 million USD, among which FETH and ETHA had net outflows of 25.2 million USD and 18.6 million USD respectively, while ETHB and ETH had net inflows of 13.9 million USD and 7.7 million USD respectively.

According to Cryptopolitan, over 100 researchers, using AI coding agents, have reduced the quantum attack resource score for the Bitcoin secp256k1 elliptic curve point addition subroutine by 86.1% (from 10.75 billion to 1.496 billion). This optimization only targets a single step in Shor's algorithm and does not break any private keys or transfer funds; a complete attack still requires fault-tolerant quantum hardware that does not yet exist. However, each efficiency improvement compresses the time window for quantum migration after blockchain completion.According to Glassnode data, approximately 6.04 million BTC (30.2% of the circulating supply) face potential quantum risks due to exposed public keys on-chain. Ethereum plans to achieve full quantum resistance by December 2029, while the Bitcoin community faces greater challenges at the governance level, including how to handle approximately 1.7 million suspected dormant P2PK address coins held by Satoshi, which remains unresolved.

According to CoinDesk, after the bankruptcy of Bitcoin ATM operator Bitcoin Depot, about a quarter of its more than 9,200 self-service terminals have been sold. The publicly traded digital asset infrastructure company Bitcoin Bancorp (BCBC) won 2,547 of these ATMs for $620,750 and additionally paid $110,500 to acquire related site agreements, intellectual property, trademarks, patents, and the BitcoinDepot.com domain name.Bitcoin Depot filed for Chapter 11 bankruptcy protection in May of this year, after its first-quarter revenue fell 49% year-over-year, with profits turning from a $12.2 million gain to a $9.5 million loss. In its last complete financial report before bankruptcy (fourth quarter of 2025), the company valued all properties and equipment (of which 98% were self-service terminals) at over $26 million.Bitcoin Bancorp, headquartered in Las Vegas and formerly known as Bullet Blockchain, trades at $0.04 on the OTC Markets, with a market capitalization of about $18.5 million, far below Bitcoin Depot's peak of about $400 million when it was listed on Nasdaq. The company stated that the remaining deliveries are expected to be completed in the next quarter. Data shows that losses from crypto ATM scams reached $389 million in 2025, a year-on-year increase of 58%. The UK's FCA has announced that crypto ATMs are illegal, and regulators in countries such as Australia and Canada have also intensified their crackdowns.

Glassnode indicates that Bitcoin is currently under supply pressure from long-term holders around the range of $83,000 to $85,000. However, investors are still accumulating Bitcoin in this area.If the price breaks below this newly formed concentration zone, $75,000 will become a key observation level; further declines could potentially pull back to around $60,000.

According to Hyperbot data, due to the drop in Bitcoin prices, Huang Licheng's Bitcoin long position was completely liquidated about 1 hour ago, resulting in a loss of approximately $260,000. Currently, Huang Licheng's overall position is valued at approximately $87.11 million, with an unrealized loss of $1.469 million:25x leveraged Ethereum long position holds 33,000 ETH, with a position value of $80.124 million, and an unrealized loss of $1.076 million;10x leveraged HYPE long position holds 86,000 HYPE, with a position value of $6.99 million, and an unrealized loss of $393,000.

According to Decrypt, Coinbase CEO Brian Armstrong stated in an interview with CNBC Squawk Box Asia that a Bitcoin price of $400,000 by 2030 is still a "reasonable goal," despite the current BTC price being around $77,000. He cited the four-year cycle pattern of Bitcoin, noting that the current downturn has lasted about a year, and said, "I personally believe that the bottom of this cycle for Bitcoin has already occurred." He also mentioned that typically there is a price increase before Bitcoin halving, which is expected to occur in about 18 months, stating, "The next one or two years will be a good time for Bitcoin."On the regulatory front, Armstrong is more optimistic about progress in Washington. The U.S. Senate will vote on the Clarity Act on September 15, and he stated that the bill is "ready to pass," with support from law enforcement agencies, several banks, and crypto companies, and the objections previously raised by Coinbase have been resolved. The remaining disagreement concerns the ethical rules regarding the president's family's crypto business, and negotiations are close to reaching a solution. Armstrong expects that regardless of whether the bill passes, there will be regulatory clarity within a month, as the SEC and CFTC have indicated they are ready to issue rules and innovation exemptions based on existing authority.He also cited last year's Genius Act as an example, stating that within three months of the bill's passage, over 150 large companies integrated stablecoins. If the Clarity Act passes, U.S. customers will be able to access tokenized stocks and perpetual contracts.

BitcoinTreasuries.NET indicates that Strive's pre-market trading has begun, and SATA is only 0.05 dollars away from par value, expected to start accumulating Bitcoin soon.So far this week, Strive has raised enough funds to purchase over 130 Bitcoins.

According to Bitcoin News monitoring, Samson Mow warned that the Liquid attackers, allegedly white hat hackers, may have left more clues than expected. Mow stated, "The web of justice is extensive and inescapable, and it will not spare anyone."Mow also questioned their claim of returning Bitcoin in exchange for a bounty, stating that it is wise to publicly admit to taking Bitcoin and asking for a bounty in return. Mow pointed out that Liquid's approximately $5 billion in assets, including L-BTC, Tether, and real-world assets, belong to the respective issuers and holders and cannot be used as a basis for calculating the bounty. Regardless of how other matters are negotiated, all user assets must be fully returned.

According to Catcher Predict monitoring, in the market prediction event "Bitcoin will break through on September 10" on Polymarket, the "Yes" option in the sub-market "78,000" experienced a sharp fluctuation in winning probability, plummeting from 52.5% an hour ago to the current 17% (a fluctuation of 35.5%). Please note the impact of related breaking news.

Garrett Jin stated in the latest weekly report that Bitcoin failed to break through the key resistance of $82,500 after reaching a high of $82,300 last week, and has returned to the consolidation range, indicating that the current consolidation is not yet over, and the market may not have completed half of the entire adjustment process.In the short term, spot demand has weakened, and supply remains heavy above $82,000. The risk-reward ratio for chasing prices higher or shorting on a pullback within the current range is poor.

CryptoQuant analyst Axel Adler Jr. stated that short-term holders of Bitcoin, holding for no more than 6 months, have transferred a total of 549,300 BTC to exchanges.During the same period, the price of Bitcoin rose from $64,000 to $78,000, an increase of about 21%; after reaching a local high of $81,800, it fell by about 4.1%, but still retained most of the gains.

The Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) under the Regulation 48.1 framework to open its Bitcoin and Ethereum perpetual contracts to U.S. institutional investors. KC Lam, Head of Crypto Derivatives at SGX Group, stated that previously U.S. participants were unable to trade these contracts, but they are now permitted direct access to its trading system.Since its launch at the end of November 2025, SGX's crypto perpetual contracts have accumulated a trading volume of $5.8 billion (approximately 400,000 lots), with an average daily trading volume of 1,300 lots ($19 million) as of August. Bitcoin accounts for 66% of open contracts and 83% of average daily trading volume, with a single-day peak trading volume of 11,500 lots (notional value of $145 million). Lam indicated that as the FIS backend integration is fully ready, they will assist U.S. clearing members in onboarding clients in the next month or two.Unlike crypto-native platforms, SGX's perpetual contracts have no expiration date but employ a margin call and collateral top-up mechanism instead of automatic liquidation, separating trading and clearing based on traditional futures market infrastructure. Stablecoins are not accepted as collateral, and the contract benchmark index is jointly developed by SGX and CoinDesk Indices. SGX's next step is to launch Bitcoin and Ethereum futures and options.