Bitcoin was trading almost flat at $77,700 as crypto traders awaited Friday’s U.S. jobs report. The data could influence expectations for the Federal Reserve’s next major move. Ethereum was also holding near $2,400.

The market was in a wait-and-see mode ahead of the employment release. Bitcoin’s limited move and Ethereum’s similarly quiet trading reflected a period of caution as traders looked for a clearer signal from the U.S. data.

Friday’s report could either reinforce or alter the market’s view of the policy outlook. For crypto traders, that makes the release a key focus while Bitcoin remains near its current level.

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Why Crypto ETF Demand Matters

The flat price action comes alongside signs of resilience in Bitcoin holdings. About 68% of all Bitcoin in circulation is currently in profit despite global uncertainty. That measure indicates that a substantial share of the supply is above its purchase price.

At the same time, demand for Bitcoin ETFs has become less consistent after strong inflows in August. The pattern hints that large investors have been less active lately, even as Bitcoin has held near $77,700.

Bitcoin (BTC)

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Avinash Shekhar, the CEO of Indian Crypto Exchange, has urged a cautious approach to Bitcoin accumulation. He said investors may benefit from seeking confirmation instead of chasing sudden price moves, and suggested gradual accumulation at defined levels while watching trading volumes and Bitcoin’s ability to sustain higher levels.

The combination of profitable Bitcoin supply and less consistent ETF demand describes a market with signs of resilience but without the same steady demand seen during the August inflow period.

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Bitcoin near $77,700: the snapshot, and its limits

The available snapshot as of September 3 shows Bitcoin near $77,700 and down 0.1%, Ethereum near $2,400, roughly 68% of Bitcoin supply in profit, and ETF demand becoming less consistent after August’s strong inflows. Markets also see a 64% chance of a Fed rate hike.

The supplied information does not identify confirmed support or resistance levels, moving-average signals, or a specific breakout threshold. The available evidence instead points to a market waiting for the jobs report and its possible effect on expectations for the Fed.

Friday’s Bureau of Labor Statistics release could shift expectations around the Fed’s next move. That possibility is why traders are focused on the report while Bitcoin remains near $77,700.

Geopolitical tensions add risk alongside possible Fed rate hikes. The supplied evidence says that any price breakout could set the next trend for crypto, while the market’s current position remains one of caution ahead of the jobs data.

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The post Bitcoin Waits for Jobs Data as ETF Demand Cools appeared first on Cryptonews.

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Standard Chartered said it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region.

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The trending altcoin PONS, which saw the light of day earlier this summer, hit a new all-time high and just entered the prestigious club of the 100 largest cryptocurrencies by market capitalization.

Here’s what triggered its additional rally and some of the most interesting predictions for the near future.

PONS Keeps Pumping

The cryptocurrency market has a habit of spewing tokens that stun industry participants with rapid price increases. The latest example is PONS, which is closely connected to Robinhood Chain and began trading in mid-July.

Over the past two weeks, its valuation has skyrocketed by nearly 1,300% and is now hovering at a record high of around $0.55 (per CMC). PONS’s market capitalization is approximately $395 million, making it the 98th-largest cryptocurrency.

The most recent jump was likely triggered by Binance, which added the token to its Binance Alpha section. The platform serves as an early-stage discovery hub, featuring emerging cryptocurrencies before they potentially receive official backing.

The impressive performance has caught the attention of numerous industry participants. X user Crypto Tony, for instance, claimed that PONS “will no doubt” hit the $1 billion market-cap milestone “soon.”

Meanwhile, some traders and investors have already tried their luck with the token, but not all have been successful. As CryptoPotato reported, an anonymous person purchased nearly 8 million PONS roughly a month ago for about $443,000. Shortly after, the token pulled back, and the investor decided to minimize the damage by selling their entire position, incurring a $308,000 loss. This turned out to be an emotional and irrational move since the stash is currently worth over $4 million.

Surpassing the Leaders on This Front

Besides being a standout performer today (September 3), PONS is also the number-one trending cryptocurrency (according to CoinGecko). It has dwarfed popular altcoins like Arbitrum (ARB), Uniswap (UNI), Hyperliquid (HYPE), and others, while the heavyweights Bitcoin (BTC) and Ethereum (ETH) have not even made the top 10 list.

The post Viral Altcoin Enters Crypto’s Top 100 Club Following Support From Binance: Details appeared first on CryptoPotato.

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The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address.

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Uniswap price has doubled since August 14, and the money comes from an unexpected place. Robinhood Chain, the network Robinhood launched on Arbitrum in July, now generates two thirds of everything Uniswap earns.

The original Robin Hood took from the rich and gave to the poor. This one takes from the chain it was built on and pays a protocol that has found it hard to keep its revenue.

Robinhood’s Record Month Ran on Uniswap

Robinhood Chain traded $17.99 billion in August, 26% more than July, per DefiLlama’s Robinhood Chain data, and September 1 was its biggest single day yet.

Almost all of it was Uniswap. On September 1, $1.75 billion of the chain’s $1.95 billion passed through Uniswap pools, per Dune, so nearly every new dollar on the chain is a new dollar of Uniswap fees.

The number of traders barely changed. Wallets rose 22% since August 1 while volume rose 7.9 times, so each is trading about six times more.

Existing users are putting more money to work, and since Uniswap earns a percentage of each trade, that deepening interest is worth more to it than a rush of new wallets.

So who collects those fees?

Taking From Arbitrum, Paying Uniswap?

Not the chain’s landlord. Robinhood Chain is an Arbitrum Orbit chain, meaning Robinhood built it with Arbitrum’s technology and in return hands Arbitrum 10% of the chain’s net revenue, which came to $1.32 million in 30 days.

Uniswap, the exchange where the trading happens, collected $78.73 million in trading fees there over the same period. That is 60 times Arbitrum’s share, and 66% of everything Uniswap earned across 47 chains. Arbitrum gets paid for lending the technology. Uniswap gets paid every time someone trades.

The DeFi protocol also earns more per dollar there, charging 0.465% of each dollar traded on Robinhood Chain against 0.214% globally, because Robinhood swaps land in higher fee tiers. In the two highest Uniswap v4 tiers, they paid 84 and 351 basis points against 45 and 241 on Ethereum, per Dune indexed data.

Those tiers are where tokenized stocks trade, and their share of volume rose from under 0.1% in mid August to 4.1% on September 1. More volume at a higher rate means more fees.

The Weakness Robinhood Is Fixing

More fees matter because keeping them is where Uniswap falls short. Of $119.3 million in 30-day fees, only $9.45 million, or 7.9%, reached UNI holders through the burn approved last December. Aerodrome, the largest exchange on Base, passes 70% to holders. GMGN, a Solana meme coin trading app, passes 82%.

Robinhood does not raise that 7.9%. It raises the fee total the 7.9% is taken from. Robinhood Chain’s volume grew 26% in August, and Uniswap charges double its usual rate there. Therefore, every dollar traded on the chain produces more Uniswap fee than a dollar traded elsewhere.

A fixed 7.9% of a larger fee total means more money spent buying and burning UNI, and fewer UNI left in circulation.

That is the revenue story whale wallets bought with 257,777 UNI as September opened, and the price was already moving on it.

Uniswap Price Action: A Flag After a 100% Pole

Uniswap trades at $5.73, down 2.1% day-on-day, after a 100% run from $3.16 on August 14 to $6.38. The pullback looks like a bull flag, which usually resolves upward.

Volume agrees. Buying rose into the peak, and selling has stayed below August 24 levels since.

A daily close above $6.20 confirms the flag and opens $7.06, 23% higher. Below $5.67 the flag fails, and a break under $4.35 erases the setup.

Analyst’s View: Robinhood did not set out to rescue Uniswap, but the money says it has. While Robinhood’s volume keeps climbing, UNI has a revenue story it never had before. The chart says the market is still deciding whether to believe it.

The post Uniswap (UNI) Price Surges 100%, and One Chain Playing ‘Robin Hood' Explains Why appeared first on BeInCrypto.

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B HODL stock has climbed 67% in a month. It announced buying 1 BTC on Thursday, lifting its treasury to 167.487 BTC.

The company trades on the Aquis Stock Exchange, a small London venue for growth companies. It part-funded the purchase by completing its second at-the-market (ATM) equity programme, with its Capital Deployment Programme covering the rest.

B HODL Stock Climbs While the Bitcoin Cost Basis Stays Underwater

The company paid £57,680, or about $77,772, for the coin. Its average cost sits near $110,129 per Bitcoin, so the treasury stays roughly 29% under water.

Bitcoin (BTC) traded near $77,658 on Thursday, up 0.3% on the day. The coin has gained 22% in a month, so B HODL stock tripled that pace.

Sats per share climbed to 120.16 from 117.77 at the end of April. That number matters because dilution only pays when each share ends up holding more Bitcoin.

An ATM programme drip-feeds small share tranches into the open market, and MicroStrategy pioneered the tool. B HODL raised about £48,300, or roughly $65,000, selling 600,000 shares at an average 8.06 pence. The Capital Deployment Programme made up the difference.

The scale differs wildly from MicroStrategy’s billion-dollar raises, yet the mechanism is identical. Several peers cannot sell equity at all, because their stock trades below Bitcoin they already own.

Adam Back Endorses the MicroStrategy Model

Adam Back, the Blockstream chief executive, endorsed the approach.

He also backs European treasury vehicles directly, funding a Capital B raise worth €7.6 million on Wednesday.

The rally, however, arrived before the news. HODL closed Wednesday at 8.84p, up 4% on the day, after an 11.11% jump on Tuesday.

MicroStrategy still sets the benchmark. Michael Saylor said his firm holds more reserve capital than every S&P 500 financial except Berkshire Hathaway, pointing to 845,050 Bitcoin.

That claim rests on a metric MicroStrategy designed itself, however, and MSTR slipped 2.1% on Wednesday.

Analysts called treasury stocks a textbook bubble chart in June, and market net asset value (mNAV) pressure has persisted since.

B HODL, however, keeps clearing that bar. ATM 2 delivered roughly 135 sats for each new share, comfortably above the 120.16 average.

Issuing above that line leaves holders owning more Bitcoin per share, not less. ATM 3 opens on about September 8 with the same test attached.

The post B HODL Stock Surges 67% in a Month on MicroStrategy Bitcoin Playbook appeared first on BeInCrypto.

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A federal judge in Washington dismissed a defamation lawsuit filed by XRP-focused influencer Jake Claver against content creator Zach Rector on September 2.

The court ruled that Rector’s 2025 videos about Claver’s businesses contained no actionably false statements.

What Rector’s Videos Actually Referenced

The dismissed lawsuit centered on three videos Rector posted alleging misconduct tied to Claver’s Digital Ascension Group and Digital Wealth Partners, according to reports on X. Those videos drew directly on Claver’s own admissions in a separate New York lawsuit filed by payments processor Verivend Inc.

In that case, Claver acknowledged fabricating emails, wire transfer confirmations, and a screenshot of a Verivend wallet dashboard showing a false balance exceeding $1 million, according to court documents.

Court filings also show Jake Claver admitted to impersonating Verivend employees on multiple occasions to generate fake email threads.

Judge Kymberly K. Evanson granted Rector’s motion under Washington’s Uniform Public Expression Protection Act, the state’s anti-SLAPP law designed to protect speech on matters of public concern.

“We may not agree with each other sometimes, but for Jake Claver to sue Zach Rector, a fellow XRP community voice, turning price‑call criticism into a $30m federal fight, only to be told the speech was protected, reflects more on the plaintiff than on the videos…,” one user said on X.

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The court dismissed all of Claver’s claims, including defamation, tortious interference, conspiracy, and breach of contract, without prejudice. Evanson also ruled that Rector is entitled to recover his attorneys’ fees and litigation costs. Claver has until September 23 to file an amended complaint.

Rector confirmed the ruling directly, saying the court found no false statement in his videos and that he is entitled to recover his fees because Claver’s suit targeted his free speech rights on a matter of public concern.

A Familiar Pattern in Crypto Defamation Cases

This is not the first time a prominent crypto influencer’s defamation claim against a critic has collapsed. In 2022, BitBoy Crypto founder Ben Armstrong sued fellow YouTuber Erling Mengshoel Jr., known as Atozy, over a video accusing him of promoting a failed token.

Armstrong voluntarily withdrew the case within weeks after Atozy crowdfunded more than $200,000 for his defense, as public backlash mounted. Unlike Claver’s case, no judge ever ruled on it, so it set no formal legal precedent.

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Still, both episodes illustrate a recurring dynamic in the crypto space: defamation suits filed against outspoken critics have repeatedly struggled to survive public and legal scrutiny, often ending in withdrawal or dismissal rather than victory for the plaintiff.

The ruling drew a strong reaction within the XRP community online, with several observers characterizing it as a clear vindication of Rector’s reporting and a warning against using defamation claims to suppress criticism within the space.

The post Federal Judge Dismisses XRP Influencer's Defamation Suit: What Does It Mean? appeared first on BeInCrypto.

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Following the latest escalation in the Middle East war, bitcoin’s price dipped toward $76,000 yesterday for the first time in almost two weeks before rebounding today.

Most larger-cap alts have posted some gains over the past day, with XRP climbing to over $1.35 and BNB tapping $700. ETH still fights for $2,400.

BTC Rebounds

The breakout from a couple of weeks ago drove the primary cryptocurrency from under $65,000 toward $80,000 within days. After hitting some resistance there at first, BTC finally managed to surge past that level last week, jumping to $81,200 and $81,500 on a couple of occasions.

However, the bulls were too exhausted and couldn’t continue driving the asset north. Instead, bitcoin dropped to $77,000 last Friday after Kevin Warsh’s hawkish speech at Jackson Hole.

Nevertheless, the cryptocurrency managed to recover some ground during the weekend and touched $79,000 on Sunday. It dipped back down to $77,000 on Monday after the strikes in the Middle East resumed, rebounded to $79,000 and closed the month in the green, and dropped once again yesterday to $76,200 – its lowest price tag in 10 days.

Nevertheless, that level provided the necessary support, and BTC now trades close to $78,000. Its market capitalization on CMC is up to $1.560 trillion, while its dominance over the alts stands still at 59.6%.

ARB Rockets

Arbitrum’s native token is today’s top performer, having surged by 18.5%. It now trades close to $0.14 after a 50% increase in the past week. NIGHT is next with an 11.5% pump, followed by CAKE (9%), APT (9%), LIT (8%), and PYTH (6.5%).

SUI and ADA have surged the most from the larger caps, both up by over 6% to $0.21 and $0.77. XRP has reclaimed the $1.35 support after a 2.7% daily increase. ETH fights for $2,400, while BNB is slightly above $700. SOL is back to $100, while TRX is up by just over 1%. In contrast, UNI has slumped by 6.5% after its recent rally, while SKY is down by almost 6%.

The total crypto market cap is up by $20 billion to $2.620 trillion on CMC.

The post ARB Skyrockets by Double Digits Again, BTC Recovers From Drop to $76K: Market Watch appeared first on CryptoPotato.

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The regulator claims the dispute is “much ado about nothing,” noting that the order allows any designated contract market, including CME, to list these products.

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The euro and pound continue to decline, approaching important support levels amid a stronger US dollar. Further moves in EUR/USD and GBP/USD will depend on incoming macroeconomic data, particularly developments in the US labour market.

Today, market attention will focus on economic data from Europe and the US. In the eurozone, services-sector business activity indices will be released, with weaker readings potentially keeping pressure on the euro. In the US, weekly labour-market data will be published, while additional attention will be paid to comments from Federal Reserve representative Christopher Waller. However, tomorrow’s employment report will be the key market reference point. Following the weak ADP reading, further signs of a cooling labour market could strengthen expectations of a more accommodative Fed policy and put pressure on the dollar, while stronger figures could support further dollar gains.

For the pound, domestic data and signals from the Bank of England will provide an additional point of reference. Services-sector business activity figures will be in focus, along with a speech by Bank of England Governor Andrew Bailey, whose comments could influence expectations for the central bank’s future policy.

EUR/USD

As expected, EUR/USD has tested the important 1.1580–1.1620 support area. The decline has so far slowed near the upper boundary of the 1.1520–1.1560 range formed in August. Weak eurozone data could push EUR/USD further into this range. A return above 1.1620, followed by a sustained move above this level, would weaken the current bearish scenario and create conditions for a corrective recovery.

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Key events for EUR/USD:

• today at 10:15 (GMT+3): Spain Services Purchasing Managers’ Index (PMI);
• today at 10:55 (GMT+3): Germany Composite Purchasing Managers’ Index (PMI);
• today at 15:30 (GMT+3): US initial jobless claims.

GBP/USD

GBP/USD continues to play out the bearish “tower” pattern described earlier. A sustained move below the important 1.3500 support level keeps the risk of further declines towards the 1.3400–1.3440 area. A rebound from this zone could trigger a corrective recovery, while the bearish scenario could be considered invalidated after a sustained move above 1.3560.

Key events for GBP/USD:

• today at 11:30 (GMT+3): UK Services Purchasing Managers’ Index (PMI);
• today at 17:00 (GMT+3): US ISM Non-Manufacturing Purchasing Managers’ Index;
• tomorrow at 11:50 (GMT+3): speech by Bank of England Governor Andrew Bailey.

Overall, EUR/USD and GBP/USD remain in a downtrend near important support levels, although their further direction will depend on incoming macroeconomic data. Following the weak ADP report, tomorrow’s US employment report will be the key reference point. Further signs of cooling in the labour market could increase pressure on the dollar, while stronger figures could support further dollar gains and lead to continued declines in both currency pairs.

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