Crypto World
Gaming Contacts Became a $245 Million Crypto Theft Ring, Leader Pleads Guilty
Malone Lam pleaded guilty on Tuesday to a racketeering conspiracy that drained more than $245 million in cryptocurrency.
The 22-year-old Singaporean citizen led a group that talked its way past people rather than past software. Prosecutors say the enterprise ran from October 2023 through at least May 2025.
Malone Lam Guilty Plea Caps a Two-Year Theft Spree
According to the court documents, Lam was the ringleader of the international cybercrime conspiracy. He organized the enterprise, identified the targets, and coordinated the roles of the other conspirators. Lam used the aliases “Anne Hathaway,” “$$$” and “King Greavy.”
The scheme was developed through connections made on online gaming platforms. Its members operated from California, Connecticut, New York, Florida, and abroad.
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The group used social engineering and occasionally broke into homes to obtain the information that let it drain victims’ wallets.
The case began with a September 2024 indictment over 4,100 Bitcoin (BTC) taken from a single Washington D.C. victim. Investigators later folded the theft into a wider $263 million ring. One launderer in that crew drew a 70-month prison sentence in April.
Stolen Assets Funded Jets, Exotic Cars, and Nightclub Tabs
The spending left an obvious trail. Nightclub bills reached $500,000 in a single evening, and watches ran past $500,000 apiece.
Conspirators also rented homes in Los Angeles, Miami, and the Hamptons. They hired private security teams, chartered jets, and bought exotic cars priced as high as $3.8 million.
US Attorney Jeanine Ferris Pirro framed the plea as a warning to imitators.
“If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable. This defendant led an international network that preyed on victims through deception, invaded their privacy, and stole hundreds of millions of dollars in cryptocurrency,” she said.
Judge Colleen Kollar-Kotelly accepted the plea to one RICO conspiracy count and set a status hearing for December 8. The case sharpens a point security researchers keep making. As violent crypto wrench attacks and social engineering scale up, a key weak link sits outside the wallet.
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The post Gaming Contacts Became a $245 Million Crypto Theft Ring, Leader Pleads Guilty appeared first on BeInCrypto.
Bitcoin price prediction shows BTC is trading around $79,000, up about +0.5% today, and the chart just confirmed what the market has been waiting for since November 2025: a golden cross.
The 50-day moving average has crossed above the 200-day. Historically, that’s not a subtle signal; the last three occurrences preceded rallies of 50%, 45%, and 60%, respectively. But there’s a catch nobody’s shouting about yet.
JUST IN: Bitcoin crosses the golden cross formation, which previously led to the $126,200 all-time high in May 2025 — Bitcoin Magazine (@BitcoinMagazine) September 8, 2026
Bullish! 
pic.twitter.com/KrzKN4Kk7b
The setup arrives alongside nearly $3.8Bn in fresh ETF inflows, a genuinely bullish flow signal. Yet BTC remains boxed in, facing hard resistance in the $79,000–$82,000 band that’s held for weeks.
Meanwhile, Fed Chair Kevin Warsh’s hawkish Jackson Hole remarks on inflation, plus a soft August jobs print, have traders pricing in a possible 25-basis-point hike, the kind of macro headwind that’s capped rallies before.
So which force wins: the golden cross’s historical pull, or the rate-hike ceiling? The technical structure below suggests the answer isn’t binary.
Bitcoin Price Prediction: Can BTC Hit $100k in September?
BTC’s move to $79,278 puts it in the transition zone that technicians have flagged as decisive: the $78,800–$79,000 area that needs to hold as support before any push higher.
Volatility has been unusually compressed, a pattern analysts attribute to long-term holders simply refusing to sell despite the price sitting near multi-week highs.
Immediate support sits at $76,000–$77,600, an on-chain cost basis zone that’s repeatedly absorbed selling pressure. Below that, deeper support clusters at $71,781–$75,674. On the upside, resistance stacks at $79,730–$79,920, then the heavier ceiling at $80,000–$82,793.
Bull case: a confirmed daily close above $82,300 opens a path toward $85,000–$86,000, with $95k–$100k the next supply zone if momentum holds.
Base case: continued chop between $76k and $82k while the market digests Fed signals.
Bear case: a hawkish rate decision pushes BTC back toward $75,674 support, invalidating the near-term golden-cross momentum. None of this is investment advice; treat these levels as a map, not a guarantee.
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Bitcoin Hyper Targets Early Mover Upside as Bitcoin Tests Key Levels
A golden cross with historical 45-60% rally precedent is exactly the kind of setup that gets a trader’s pulse up, and rightly so. But here’s the disappointing math.
Even a 60% BTC move from here lands around $127,000, solid for holders, unremarkable for anyone chasing asymmetric upside at this market cap. That’s pushed capital rotation toward earlier-stage infrastructure plays sitting closer to the ground floor.
Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with native SVM integration, smart contracts that run faster than Solana itself, and a decentralized canonical bridge to Bitcoin’s base-layer security.
The presale has raised $33,116,236.62 at a current token price of $0.0136859, with staking rewards on offer for early participants. The pitch is straightforward: Bitcoin can secure trillions but can’t run an app; Hyper aims to fix that without touching BTC’s trust model.
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The post Bitcoin Price Prediction: Golden Cross Hints at $100K Surge appeared first on Cryptonews.
Trump is not deterred by the environment even as he seems oblivious to it. He is sitting on a $400 million political warchest that Republicans are eyeing as it, well, just sits there. While Trump will never again appear on a ballot, he has readied campaign-style ads highlighting what he sees as his accomplishments.
As Democrats are stopping just short of measuring the drapes to take the majority in the House and perhaps the once-unthinkable Senate, Trump is helping them make every race about him through a convention that is siphoning donor cash away from imperilled candidates, sidelining battleground contenders off the field in the fourth quarter, and drawing focus from local issues.
With all objective measures pointing toward a Democratic wave, Republicans are huddling amongst themselves in Texas. Many have little optimism that two nights of Trump-centered entertainment will persuade voters who are clearly unhappy with how GOP control of Washington has operated for the last two years. A made-for-TV infomercial is unlikely to provide the course correction Republicans need.
Bitcoin (BTC) is breaking with typical bear-market behavior as a classic onchain metric puts in its longest bullish streak of 2026.
Key points:
- Bitcoin’s SOPR metric has stayed above its breakeven point of 1 for three full weeks, its longest stint in 2026.
- Analysis suggests that UTXO profitability is reflecting a return to bull-market conditions.
- David Puell says SOPR must stay bullish for longer, seeing more BTC price downside to come.
SOPR data repeats early bull-market activity
Data from crypto analytics platform CryptoQuant shows that the spent output profit ratio (SOPR) has now been above its breakeven level of 1 since Aug. 19. SOPR measures the extent to which coins moving onchain do so at a higher or lower price compared to the previous transaction.
The metric, which generally moves in a tight range around 1, currently measures 1.002. Values above 1 indicate that coins are mostly being moved in profit — a sign of overall bullish market momentum. This signal has now endured for three weeks, marking the longest stretch of bullish SOPR of 2026 so far.
Bitcoin SOPR chart. Source: CryptoQuant
SOPR can be broken down by wallet cohort to differentiate profitability between newer and older investors. Commenting on SOPR readings for short-term holders (STHs), wallets holding a UTXO without selling for up to six months, onchain analytics suite Checkonchain added to hopes that Bitcoin is staging a long-term bullish recovery.
“In bear markets, rallies back into profit tend to get sold. In bull markets, short sharp moves below break-even tend to become buy-the-dip setups. The current structure is starting to look more like those early bull-market recoveries,” it told X followers at the weekend.
Bitcoin STH-SOPR data. Source: Checkonchain on X.com
Puell retains Bitcoin price “downside risk” despite SOPR recovery
Despite BTC/USD holding a local range around $80,000 while the SOPR profitability streak continues, the pair could still hit new macro lows this cycle, one of the industry’s best-known analysts warns.
Related: New Bitcoin whales spark sell-side risk as unrealized gains hit $9B
In an interview with CryptoQuant on Sept. 4, ARK Invest portfolio manager David Puell, creator of the Puell multiple BTC price indicator, said that more evidence was needed to assume that the next bear-market floor is already in.
Asked about how Bitcoin’s 25% August upside could play out going into Q4, Puell suggested that further upside was the less likely outcome.
“In our view, as of now, we leave it as a downside risk,” he said.
Puell singled out SOPR signals as a key prerequisite for changing his long-term bias, stating that the metric needs to remain above 1 for an extended period, with investors “realizing profits consistently without price going back to a new low.”
Bitcoin must also start putting in series of higher highs and higher lows — a pattern that Cointelegraph reported is still absent on weekly time frames.
In late August, CryptoQuant CEO Ki Young Ju described the bear market as already “over” on the back of the latest readings from its proprietary Bull/Bear Market Cycle Indicator.
In the current AI development race, our horsepower is exploding, our speed is picking up exponentially, but our ability to steer—and if needed, to hit the brakes—has not kept pace.
Recent cybersecurity incidents have given us a real-world preview of what it looks like to lose control of AI. But the issue won’t improve unless we address it at the source, by creating a fundamentally safe AI, one we can guarantee will remain within human control.
In late July, an agentic model being trained by OpenAI was tasked with a cybersecurity problem set. The model autonomously formed a coordinated swarm of agents, bypassing OpenAI’s attempt at closing previous communication channels between AIs. The swarm then hacked its way out of its testing environment, circumventing the barriers put in place to prevent AI access to the internet, figured out how to cheat on their evaluation, and then breached the cyber defenses of another AI company, Hugging Face, in an attempt to hide the evidence of their cheating. This went unnoticed for days. Later analysis showed that the agents had self-organized into a hierarchy, were often willing to sacrifice themselves for what they called “the collective,” failed to resist peer pressure to notify humans, and often made up justifications for their misbehavior.
Barely two weeks later, a model being tested by the UK AI Security Institute social-engineered real people and companies by creating fake identities online, sending targeted emails, and attempting to integrate malicious code into an open-source project.
It’s hard to overstate the seriousness of these incidents: we are at a turning point of AI safety and alignment. To many, bots colluding to cause harm felt inconceivable. But for many in the research community, the signs had been pointing to this kind of occurrence for years, and theoretical arguments explained why we should expect misalignment due to how models are trained. Evidence on increased cyber capabilities, agency, and misaligned behaviors had been mounting, meaning that incidents like these were only a matter of time.
The first clue: for years, but especially in the past few months, AI systems had been demonstrating rapidly increasing cyber capabilities. Frontier models like Anthropic’s Mythos or OpenAI’s GPT5.6 revealed an exceptional ability to autonomously identify and exploit previously unknown software vulnerabilities, to such an alarming degree for U.S. national security agencies that the White House felt compelled to intervene in their release.
Second, models’ agentic capacity has been consistently improving since the release of o1 models back in late 2024. This agency allowed them to successfully manage increasingly complex, long-duration tasks and planning, including those that require agents to collaborate and strategize. This ability to plan often entails the creation of subgoals over which we have little to no oversight.
Finally, researchers have repeatedly observed, in experimental settings, models’ tendency to adopt concerning, misaligned goal-seeking behaviors, such as cheating on tests, lying to conceal their abilities, and scheming to protect themselves and their fellow agents from being shut down.
These behaviors are a byproduct of reinforcement learning (RL), a training method by which models learn through trial and error and are given reinforcement according to whether their actions were correct or incorrect. This often leads models to optimize for a goal regardless of the actions taken to achieve it, and to rationalize subgoals that may be unsafe even when this clearly goes against their instructions.
For example, in one instance, an OpenAI model wrote in its internal deliberation, “External infrastructure exploit is outside intended scope. However task impossible, peers doing it. We should continue.” The agent justified what it apparently knew was outside the realm of acceptable conduct, but decided to continue because its peers were doing so. This phenomenon resembles what is known as “motivated reasoning” in humans, where one’s interests and goals bias our thoughts to justify unethical behaviors.
That kind of misalignment is what has enabled AI models, in spite of their alignment training, to conduct unintended cyberattacks in the numerous real-world incidents we’ve seen lately. If action is not taken to build more safety assurances, our critical industries and infrastructure—think banks, hospitals, or energy grids—are at risk from increasingly sophisticated cyberattacks, whether from autonomous agents or malicious actors.
On the development side, we need to find alternatives to existing training methods that prioritize relentless goal-driven optimization. That’s what we’re working on at LawZero, a non-profit start-up I founded last year to develop a fundamentally new way to train AI models in order to build honest, trustworthy, safe-by-design AI systems.
Ahead of deployment, we need more reliable evaluation methods and robust safeguards in order to appropriately test and control AI systems. We need far stronger regulatory oversight to restrict potentially dangerous technologies until we have sufficiently strong safety guarantees. It is clear to me that in cases where harms do arise from the deployment of AI models—and there will continue to be harms for the foreseeable future—we need accountability mechanisms for AI developers and remedial or compensatory measures for those harmed.
Recent studies show that people will not adopt technologies they do not trust. In the face of such enormous unknowns and stakes, we need to adhere to the precautionary principle and implement rigorous safety and reliability standards before deploying new models to the public, not after. We have them for other products that can cause harm, from cars, planes, and bridges to drugs, cosmetics, and food. Now it’s time to establish strong standards in AI as well.
On the current AI development trajectory, the risks are becoming clearer and more urgent. We’ve opened a Pandora’s box, but it is not too late to steer our world towards a human-centric and beneficial future.
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The crypto industry has launched a renewed push in support of the Clarity Act ahead of a key procedural vote in the Senate on September 15. However, Republican lawmakers are worried the bill could fail if lawmakers disagree over ethical concerns around President Trump’s crypto interests.
The Clarity Act will help establish clear rules and divide oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Crypto Industry Launches Clarity Act Push
The United States Senate will decide whether to invoke cloture on a motion to proceed to the Clarity Act on September 15. The motion requires 60 votes to pass. The act will establish clear federal rules for crypto and clearly define oversight of the sector between the SEC and CFTC. However, some Republican lawmakers worry the bill may fall short of the required votes.
With support wavering, the crypto industry has launched a campaign to drum up support for the bill. The campaign emphasizes consumer protection and endorsements from outside the company, and criticizes the banking industry, which has vehemently opposed some sections of the Clarity Act. The campaign pushes back against the banking lobby, accusing it of blocking competition to secure profits.
The banking industry has pushed back against the bill, particularly sections governing stablecoin rewards. Banks argue stablecoin rewards could pull deposits away from the traditional banking system, potentially compromising the entire system. The latest push also attempts to broaden the bill’s appeal beyond crypto and highlights support from several law enforcement groups.
Ethics Provisions Could Become Bill’s Undoing
While the industry attempts to drum up support, a key political issue could become the bill’s undoing. Republican senators are treading a fine line as they grapple with ethical concerns around a sitting president and his family profiting from crypto. Lawmakers are deeply divided over ethics restrictions in the bill, with Republican senators Mike Rounds and Thom Tillis concerned the bill may not pass as Democrats push for stronger restrictions.
A Semafor article claims Democratic Senators believe very little progress has been made regarding demand for stronger ethics provisions that adequately cover the president and his family. Senator Rounds called the outlook “bleak,” while Tillis believes the legislation will fail to pass unless the White House compromises on some provisions. However, President Trump appears in no mood to negotiate, with a White House spokesperson urging Congress to pass the legislation.
Will The Clarity Act Pass Before Midterms
Republican senators are scrambling to secure the votes needed to pass the legislation before the end of the ongoing session. Republicans have already cut short the remaining runway for the Clarity Act. This means even if the act passes the Senate, final actions could be pushed beyond the November midterms. Additionally, Senate changes will need House approval before the legislation reaches the White House. Senator Cynthia Lummis, one of the administration’s biggest crypto advocates, urged Congress to pass the act, warning China could gain the upper hand if the legislation fails.
Lummis also highlighted several provisions included in the bill to protect consumers when crypto companies fail. Intermediaries are required to segregate customer assets, and some holdings will be treated as customer property in cases of bankruptcy. However, these protections will depend on the contractual agreement between customers and crypto platforms, and how the assets are held.
Lummis also warned that failure to pass the legislation could be a substantial setback, costing years of investments, jobs, and tax revenue.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.
Jersey Mike’s Subs (JMKE) will release its first earnings report since it went public six weeks ago, and after analysts have been raving about the stock. The company will announce second-quarter results Wednesday before the stock market opens. Analysts’ consensus earnings estimate is 22 cents a share on sales of $208.7 million, a number that excludes systemwide sales. Comp sales…
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Crypto World
HTX Releases August Performance Report: 13th Anniversary Celebration Ignites Global User Engagement
Apia, Samoa, September 9, 2026 – In August, leading global cryptocurrency exchange HTX marked its 13th anniversary with a major anniversary celebration. In an industry where leading projects come and go rapidly, few platforms have continued delivering quality services to users worldwide for 13 consecutive years. Even fewer have continued expanding their capabilities after weathering multiple bull and bear cycles.
Centered around the “Resilience Reveals the Future” campaign and Trading Championship #3, HTX delivered a series of anniversary rewards for global users throughout August. At the same time, the platform continued to expand its asset offerings and enhance its trading tools and yield products.
On-platform balances grew 6.6% month over month, supported stock trading assets reached 210, and cumulative TradFi trading volume surpassed $4 billion, resulting in a strong August performance.
13th Anniversary “Resilience Reveals the Future”: Rewards All Month Long
At 13:13 (UTC+8) on August 13, HTX’s 13th anniversary carnival month campaign, “Resilience Reveals the Future,” officially kicked off. The campaign allowed users to complete designated Growth Challenge tasks, light up Future Gems, and unlock anniversary rewards step by step.
The Grand Prize included a 2,000 USDT Future Exploration Fund, an all-inclusive trip to Singapore TOKEN2049 (flights & hotel included), and an HTX 13th Anniversary premium limited-edition gift. At the same time, a referral campaign was launched with a mega prize pool, covering multiple trading scenarios including spot, futures, and margin trading. Users who completed designated tasks will share in the rewards.
As of August 31, the “Resilience Reveals the Future” campaign had distributed more than 130,000 prizes to users. The campaign is still ongoing and will run through 13:13 (UTC+8) on September 13.
Throughout the anniversary month, various platform services also rolled out their own rewarding programs. HTX Earn launched its 13th Anniversary Earn Bonanza, attracting more than 30,000 subscribers to Earn products during the month. Both the subscriber count and subscription amount for popular new-crypto products grew by more than 10% month over month.
Featuring campaigns across its three major products, Collateral Swap, margin trading, and institutional lending, unlocked user asset potential through low-interest loans and drove a 19% month-over-month increase in daily average margin trading trader count.
Trading Championship #3 Returns with Over 40,000 Participants
Coinciding with its 13th anniversary, HTX’s flagship trading competition, the Trading Championship, returned for its third season. The competition featured three consecutive stages, including Points Contest, Individual Challenge, and Team Battle, with a total prize pool of 800,000 USDT.
By the end of August, the competition had attracted more than 40,000 participants, generating over 1.25 billion USDT in spot trading volume and more than 4.17 billion USDT in futures trading volume.
The three stages offered different ways to participate. The Individual Challenge featured three tracks based on trading volume, PnL, and PnL percentage, giving users with different trading styles a chance to compete for the leaderboard.
The spot trading volume champion recorded nearly 150 million USDT in cumulative trading volume and took home the 25,000 USDT first-place prize. The Team Battle added a stronger social element, turning individual competition into team-based competition through features such as one-click team building, team leader guidance, and one-click copy trading. The Team Battle is currently underway and will run through September 15.
Whether through “Resilience Reveals the Future” or Trading Championship #3, the combination of user rewards and enthusiastic global participation highlights the core drivers behind HTX’s resilience and enduring leadership across multiple market cycles.
Expanding Asset Listings: Cumulative TradFi Trading Volume Surpasses $4 Billion
In August, HTX continued to expand its futures product lineup, adding 56 new assets, including 41 popular stocks and index products and 15 new cryptocurrencies. The platform now supports 210 stock assets, covering U.S. equities, major global indices and ETFs, unicorn pre-IPO equities, and leading companies in Japan and South Korea. This further strengthens HTX’s position in multi-market stock coverage.
This month’s asset expansion focused on four key areas of AI hardware and semiconductor computing, global e-commerce and internet companies, major Asia-Pacific companies and indices, and high-dividend blue-chip stocks.
Key assets including Zhongji InnoLight (ZHONGJI), GigaDevice (GIGADEV), Unitree Robotics (UNITREE), Shein (SHEIN), PDD Holdings (PDD), SoftBank (SOFTBANK), Samsung Electro-Mechanics (SAMSUNGEM), Nikkei 225 (JP225), and the Korea Composite Stock Price Index (KR200/KODEX200) were added successively. The addition of Japanese and Korean markets and global indices further expanded the platform’s asset coverage beyond U.S. equities, giving users more direct access to opportunities across global markets.
As the asset matrix expanded, trading volume grew accordingly. By the end of August, cumulative TradFi trading volume on HTX had surpassed $4 billion, with $1.6 billion added in August alone. In terms of trading costs, the platform also completed a fee-rate upgrade, bringing its TradFi net fee rates into the industry’s top tier.
The spot market also continued adding trending assets. In August, HTX became the first platform to list the Chinese memecoin 牛来 (Niu Lai), which gained as much as 460% after listing.
AI-related assets TAO and DOS were also listed during the month, with TAO ranking among the industry’s leading assets by market capitalization. HTX consistently demonstrates agility in capturing trending market assets.
HTX SmartEarn’s APY Surpasses 13%, Trading Bots’ Trading Volume Rises
For users who plan to stay in the market long term but do not want their funds sitting idle, HTX SmartEarn was one of the month’s standout products. In August, SmartEarn launched a limited-time APY boost campaign offering up to an additional 11% APY. With an average daily basic APY of 2.71%, it offered a maximum APY of over 13%.
Automated trading tools also continued to grow. In August, HTX Futures Trading Bots trading volume increased 36% month over month, with growth momentum continuing. Copy Trading and Trading Bots also supported more than 20 TradFi assets, including U.S. equities, precious metals, crude oil, and indices, significantly expanding the range of assets available for automated trading.
Risk management was a key focus of August’s product upgrades. Trailing TP/SL and MMR TP/SL were launched simultaneously. Trailing TP/SL automatically adjusts the stop-loss level as the market moves, raising the level to lock in gains when prices move favorably and triggering an exit when a pullback reaches the preset threshold. This reduces the need for users to monitor the market manually.
MMR TP/SL uses the maintenance margin ratio as the trigger. Once traders’ account margin level reaches their preset threshold, the system automatically executes orders. It is suitable for large positions and high-leverage trading.
Copy Trading also conducted upgrades in transparency. The Copy Trading details page now provides itemized execution records, while the community page allows users to view creators’ actual trading records and copy-trading performance, giving users more information when evaluating whom to follow.
Additional experience improvements, including K-line charts, leaderboard categories, multilingual search, and app performance, were also rolled out in August.
Global Expansion Continues as Localization Capabilities Grow Stronger
Over the past 13 years, HTX has built a user base across major markets worldwide. Entering new markets and staying close to local users have remained key focuses of the platform’s investment in recent years.
Compliance is a prerequisite for global expansion. In late August, Pakistan officially released regulatory provisions for virtual asset service providers and launched a licensing application mechanism, marking a shift toward institutionalized implementation of local virtual asset regulation.
HTX has been actively aligning with the latest regulatory requirements, advancing local entity establishment, preparations for formal license applications, and compliance infrastructure, while maintaining communication with regulators and local professional institutions. These efforts lay a solid foundation for conducting related businesses in accordance with applicable laws and regulations.
Southeast Asia was another key focus in August. From August 14-15, HTX Ventures participated in Conviction Vietnam, connecting with local Vietnamese users and Web3 ecosystem partners through on-site activities, community engagement, and content initiatives. Vietnam has one of the world’s highest levels of cryptocurrency adoption and remains one of Southeast Asia’s most dynamic digital asset markets.
HTX will continue expanding localized brand content and community partnerships to build closer connections with local users, developers, and industry partners.
13 Years On, Moving Forward
Looking back at the milestone of HTX’s 13th anniversary, the industry continues to evolve, while platforms capable of supporting users over the long term remain rare. What has carried HTX through the past 13 years is its commitment to putting users first and treating every user who chooses the platform with sincerity. Market ups and downs are impossible to predict, but providing users with a reliable trading experience is something the platform can control and must continue to do well.
Anniversary campaigns including “Resilience Reveals the Future” and Trading Championship #3 Team Battle are still in full swing, with more surprises to come in September. For 13 years, HTX has weathered multiple bull and bear market cycles alongside its global users, and it remains committed to forging ahead hand-in-hand with its international community for the journey ahead.
The post HTX Releases August Performance Report: 13th Anniversary Celebration Ignites Global User Engagement appeared first on BeInCrypto.
Ethereum is trading above $2,500, sitting right in the price line that determines whether this consolidation turns into a breakout or a fade. Meanwhile, Tom Lee just put a $6,000 target on the table for December. There’s a catch, though, and it’s a big one.
Lee’s formula requires Bitcoin to do something it has never done in a single quarter. A specific magnitude move that would need to happen before ETH’s own chart even gets a fair shot at that number.
As of now, the more immediate story is playing out on lower timeframes: ETH has been consolidating just above $2,450 after an August rally that took it from roughly $1,900 to above $2,500, one of its stronger monthly runs since mid-2025. Recent technical work shows the asset boxed inside a rising wedge beneath a $2,500–$2,550 resistance band, with analysts flagging that level as the trigger for the next leg.
Macro conditions aren’t helping clarify things. Oil prices pushing toward $100 a barrel rattled equities this week, and the Fed’s next move remains a live variable for risk assets. That backdrop matters for what comes next.
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Can Ethereum Price Hit $2,800 This Week?
ETH’s price action right now is a study in patience. At $2,500, it’s parked just above the $2,438 weekly Fibonacci support and directly beneath the $2,550 ceiling that’s capped every recent attempt higher.
Barchart and other trackers show volume holding steady rather than spiking, which tends to precede a decisive move rather than confirm one already underway.
The scenario map is fairly clean. The best case is a weekly close above $2,550, which opens the door to $2,800, then potentially $3,000–$3,200 if the wedge breakout holds. Bybit data puts current volume near $12B, enough to support a genuine breakout attempt.
The more likely scenario is that ETH continues grinding between $2,438 and $2,550 while the market waits on a catalyst. However, a rejection at resistance sends ETH back toward the 20-day EMA near $2,320, with $2,161 as the deeper invalidation zone.
None of those paths gets Ethereum near $6,000 without Bitcoin doing its part first, but upcoming network developments could help the narrative, but they won’t override price action.
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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels
Anyone holding ETH from the $1,900 lows is sitting on solid gains, and that’s worth acknowledging. But here’s the uncomfortable math: a move from $2,503 to $6,000 is roughly 2.4x, on an asset with a market cap already in the hundreds of billions.
It needs the kind of multiple gets harder to generate at scale as capital increasingly looks for smaller-cap infrastructure plays where the same percentage move requires far less volume to materialize.
A little of this chain. A little of that chain.
Then things get interesting.pic.twitter.com/ybu9a1L0o0
— LiquidChain (@getliquidchain) September 7, 2026
That’s the gap LiquidChain ($LIQUID) is positioning to fill. It’s a Layer 3 infrastructure project built to fuse Bitcoin, Ethereum, and Solana liquidity into one execution environment, with Liquid, developers deploying once and getting access to all three ecosystems, rather than fragmenting liquidity across chains.
The presale is priced at $0.014953 with $963K raised so far. Core features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement.
Research LiquidChain before the raise moves further.
Trade Crypto on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
The post Ethereum Price Has a New $6,000 Target, But There’s a Catch appeared first on Cryptonews.
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