Echo Base formed an ad hoc committee of BitMart claimholders on Sept. 2, following the crypto exchange’s decision to wind down its operations.

In a statement shared directly with crypto.news, Echo Base said the committee represents a “significant and growing aggregate balance” of frozen customer assets. It did not disclose the number of participating claimholders or the value of their claims.

The special situations firm said the group retained Young Conaway Stargatt & Taylor and Ashbury Legal. The committee is considering restructuring, regulatory and insolvency remedies.

Echo Base says its $10 million offer went unanswered

Echo Base said it submitted a written proposal to BitMart management on Aug. 6. The proposal offered up to $10 million to sponsor a pre-negotiated bankruptcy filing.

According to the statement, the money would cover professional and administrative expenses through confirmation of a restructuring plan. Echo Base said BitMart did not respond. Crypto.news could not independently verify the communications between the companies.

Echo Base also described a dispute involving one of its affiliates. It said the affiliate requested a withdrawal on July 24, approximately 31 hours before BitMart announced its closure.

The affiliate allegedly made 15 attempts to contact the exchange before delivering a formal demand on Aug. 8. Echo Base said BitMart neither executed the withdrawal nor identified a contractual or legal reason for withholding the assets. BitMart has not publicly addressed that specific account.

BitMart is considering a different restructuring plan

BitMart announced its orderly wind-down on July 26. It suspended new registrations, deposits and new orders before ending trading services on Aug. 26.

The exchange initially said it planned to cease platform operations on Jan. 31, 2027. Withdrawals would remain available, although BitMart warned that compliance reviews and heavy demand could delay processing.

As crypto.news previously reported, BitMart’s shutdown sent BMX down more than 60% within 24 hours. BitMart attributed the closure to its operating conditions, the market environment and its future strategy.

However, BitMart changed course on Aug. 21. In an official update, the company said it was developing a possible restructuring plan as an alternative to a full wind-down.

That plan “may include” phased business resumptions and creditor distributions, BitMart said. The exchange appointed White & Case as restructuring counsel and promised another update by Sept. 9.

Claimholders are considering court proceedings

Echo Base said the committee is studying whether qualifying creditors could commence or join an involuntary insolvency proceeding. The firm stressed that no decision had been made.

An involuntary U.S. bankruptcy petition must meet statutory requirements governing creditor eligibility, claim amounts and disputed debts. A court would ultimately decide whether any petition could proceed. The committee is an independently organized group, not a statutory creditors’ committee appointed within an existing bankruptcy case.

Echo Base also argues that BitMart’s user agreement does not transfer ownership of deposited assets to the exchange. That remains the committee’s legal position rather than a court ruling. The treatment of customer crypto would depend on the relevant contracts, entities, jurisdictions and any eventual proceeding.

“BitMart still has time to run an orderly wind-down. What it does not have is anyone willing to put capital behind one. Out of court there is no stay, so a single claimant can stall the process for everyone, and any holder the company cannot reach retains its claim indefinitely. That is not a wind-down, it is an open liability with a queue attached.” said Echo Base’s chief executive Roshan Dharia.

Dharia added that Echo Base had offered “capital at risk” to support a court-supervised process. He said the proposal had remained outstanding since Aug. 6.

The Sept. 9 roadmap is the next deadline

BitMart’s promised Sept. 9 update should clarify whether it will pursue a partial reopening, creditor distributions or its original closure schedule. The exchange has not publicly accepted Echo Base’s proposal.

Echo Base said it remains willing to negotiate with BitMart and its advisers. Until an agreement or court filing emerges, the committee’s recovery options remain under review and the status of individual frozen withdrawals may differ.

A hacker associated with the third wave of Coldcard wallet thefts began converting stolen Bitcoin into Ether through THORChain on Sept. 3, according to Galaxy Research’s Alex Thorn.

The transactions moved approximately 10% of the Bitcoin controlled by that attacker, Thorn said. Roughly 90% remained at its original addresses when he published the update.

Researchers traced the swaps through THORChain to a newly identified Ethereum address. Thorn said he shared the address with law enforcement, crypto companies and other organizations monitoring the stolen assets.

Coldcard hacker encounters failed THORChain swaps

THORChain allows users to exchange native assets across blockchains without depositing funds into a centralized exchange. The protocol can therefore convert native Bitcoin into Ether without relying on a conventional custodial platform.

However, not every transaction succeeded. Thorn said the hacker appeared to be experiencing technical problems while attempting to process the swaps.

“The hacker appears to be having some issues swapping all the funds through THORChain — they keep getting refunded and he keeps retrying,” Thorn said.

The cause of the refunds was not immediately confirmed. Possible explanations include liquidity limitations, transaction settings or protocol safeguards, but no verified technical assessment had established the reason.

The movement represented the first detected onchain transfer from the original addresses associated with the first three attack waves, according to Thorn. Analysts will now monitor whether the resulting ETH moves to centralized exchanges, bridges or privacy services.

Galaxy traced 1,789 Bitcoin to the thefts

Galaxy Research previously attributed the loss of 1,789.28 BTC across 8,865 addresses to the Coldcard vulnerability. The Bitcoin was worth approximately $114.7 million when stolen.

As crypto.news previously reported, approximately 87% of the identified Bitcoin remained unmoved as of Aug. 25. The estimate included funds linked to multiple attackers and attack waves, not only the wallet now using THORChain.

Galaxy’s figures partly relied on 221 victim reports covering 790.72 BTC. Onchain analysis identified additional affected addresses beyond those reported directly by customers.

The total remains an estimate because researchers have identified several attacker patterns with different levels of confidence. Galaxy has distinguished its high-confidence attribution from other addresses that may also relate to the vulnerability.

Earlier attackers used cryptocurrency mixers

The latest THORChain swaps are separate from earlier laundering activity attributed to other attackers. CertiK reported in August that wallets linked to the broader incident sent 64 BTC and 200 ETH toward cryptocurrency mixers.

In related coverage, crypto.news found that one attacker retained 1,159 BTC while another began mixing smaller amounts. The different movements suggest that several parties may have exploited the same weakness.

Mixers and cross-chain swaps can complicate tracking, but they do not automatically make funds untraceable. Investigators can continue following transfers when assets enter and leave public protocols.

Centralized exchanges remain potential intervention points because they conduct identity and sanctions checks. Thorn said the new Ethereum destination had been distributed to relevant companies so they could identify subsequent deposits.

Coldcard users still need new wallet seeds

The theft was linked to weak seed generation in Coldcard firmware released from 2021. The vulnerability reduced the randomness protecting some wallet credentials, allowing attackers to calculate private keys without physically accessing the devices.

Coinkite, Coldcard’s manufacturer, says corrected firmware is available across affected models. Its current security guidance states that previously generated vulnerable seeds still require migration.

Installing updated firmware does not repair a seed created under the affected software. Users must generate a new seed with corrected firmware and transfer their Bitcoin to addresses controlled by that new wallet.

Meanwhile, the attacker also remained active after the largest theft waves had ended. On Aug. 29, an address linked to the operation swept Bitcoin from a deliberately weakened researcher wallet, according to Thorn. Researchers created the wallet to test whether the attacker continued searching for predictable private keys. Its rapid compromise indicated that automated scanning remained active nearly one month after the first large thefts.

The incident has also prompted closer examination of how hardware wallets generate recovery phrases. Unlike phishing attacks, the Coldcard thefts did not require victims to approve transactions or reveal credentials. The exposed seeds contained insufficient randomness, allowing attackers to derive keys remotely and identify funded addresses on Bitcoin’s public ledger. As crypto.news previously explained, the firmware flaw weakened seeds generated on affected devices, meaning secure storage practices could not protect funds tied to those credentials.

Galaxy and other investigators are expected to continue watching the new Ethereum address. No public recovery, arrest or official identification of the attacker had been announced when the transfers were reported.

Bitcoin price held near $77,700 on Sept. 3 after recovering from an intraday low around $76,264, but weakening spot demand and $236.5 million in US ETF outflows kept the rebound under pressure.

Bitcoin price holds above $77,000

According to data from crypto.news, Bitcoin (BTC) price traded around $77,700 at the time of writing, up about 1.2% over 24 hours after moving between $76,264 and $78,184.

The recovery followed another test of the $76,000 area, where the CoinGlass one-week liquidation heatmap showed a large concentration of leveraged positions. Buyers prevented a sustained break below that zone, allowing Bitcoin to move back toward $78,000.

Price action on the 4-hour chart remains compressed inside a falling wedge. The upper boundary sits near $78,000, while the lower trendline approaches $76,000. Falling wedges can precede an upside move, but Bitcoin has not confirmed a breakout.

The pattern developed after BTC repeatedly failed to hold above $80,000 in late August. The market has since formed lower highs while continuing to find demand between $76,000 and $77,000.

ETF outflows add to weaker Bitcoin demand

SoSoValue data showed that US spot Bitcoin ETFs recorded $236.46 million in net outflows during the latest reported trading session. Bitwise’s BITB was the only fund to post a net inflow.

The withdrawals removed a source of spot buying as Bitcoin struggled to recover above $78,000. They also followed signs that the demand supporting the August rally was beginning to fade.

CryptoQuant analyst Darkfost reported that Bitcoin’s apparent demand turned negative again on Sept. 2. The metric compares newly mined supply with changes in inactive holdings to estimate whether the market is absorbing available coins.

Market analyst Rain said the negative reading indicated that newly issued and previously inactive Bitcoin was no longer being absorbed at the same pace. Rain linked the change to BTC’s brief decline toward $76,400 and warned that continued weakness could turn $77,000 from support into resistance.

Demand data alone does not determine Bitcoin’s next move, but negative readings combined with ETF withdrawals leave the market more dependent on short-term buyers.

Bitcoin liquidity builds on both sides

The CoinGlass heatmap showed the nearest large downside liquidity cluster around $75,900–$76,200. A break below that area could trigger forced selling and expose $74,000, followed by the 4-hour breakout base near $72,000.

Larger pools of liquidity sit above the current price. The first cluster appears around $78,500–$78,800, with a denser band near $79,500. Further concentrations are visible between $80,000 and $80,500 and around $81,500.

Those levels could attract price if Bitcoin clears the falling wedge, but they may also act as resistance as leveraged traders close positions.

An analyst posting as Crypto with Haris identified $76,000 as the key short-term support. He projected a move toward $73,000 if that floor breaks and said his bearish view would be invalidated if Bitcoin reclaimed and held the $80,000–$83,000 range. His targets represent a personal forecast rather than a confirmed market outcome.

Technical indicators favor consolidation

Bitcoin’s 4-hour relative strength index stood at 48.66, slightly above its signal average of 43.95. The reading reflects neutral momentum and gives BTC room to move in either direction without entering overbought or oversold conditions.

The Aroon Up indicator registered 57.14%, compared with 7.14% for Aroon Down. The gap suggests recent highs are forming more frequently than new lows, giving buyers a limited short-term advantage despite the declining price channel.

The daily chart carries a stronger structure. Bitcoin remained above its 20-day simple moving average at $74,622 and well above the 50-day average at $68,428. The 100-day and 200-day averages stood near $66,303 and $69,586, respectively.

Chaikin Money Flow was positive at 0.32, showing that buying pressure continued to exceed selling pressure on the daily timeframe. The reading conflicts with the weaker apparent-demand signal, indicating that capital flow and on-chain demand have not deteriorated uniformly.

A 4-hour close above $78,000 would break the wedge’s upper trendline and put $79,500–$80,300 back in focus. Bitcoin would then need to clear the May resistance area near $82,800 to strengthen the broader recovery.

Failure to hold $76,000 would weaken the pattern and raise the risk of a move toward $74,000 and $71,800.

Fed rate expectations remain a US risk

US monetary policy remains another source of uncertainty for Bitcoin. Markets assigned about a 64% probability to a 25-basis-point Federal Reserve rate increase at the Sept. 16 meeting, following Chair Kevin Warsh’s warning about persistent inflation.

The 10-year Treasury yield remained near 4.8%, giving investors a higher-yielding alternative to non-yielding assets such as Bitcoin. Reuters reported that government debt, capital demand linked to artificial intelligence investment, and expectations for a higher neutral interest rate were contributing to pressure in the bond market.

For US traders, the immediate setup centers on the $76,000–$78,000 range. A confirmed move outside the falling wedge would provide a clearer signal, while ETF flows and the Sept. 16 Fed decision could determine whether Bitcoin challenges $80,000 or returns toward lower support.

Two Thai businessmen have filed a lawsuit in a New York district court accusing Tether of unlawfully freezing $42.4 million in Tether USDt (USDT) during a pig butchering investment fraud case. The plaintiffs say the stablecoin issuer acted without a warrant in October 2025 after receiving an informal request from U.S. Homeland Security Investigations.

The dispute arrives as regulators across Asia tighten rules on crypto transfers and market access—ranging from Thailand’s move to implement the Travel Rule with checks for self-custodial wallets to Singapore and Australia laying out clearer pathways for stablecoins and licensed crypto derivatives.

Key takeaways

• Thai plaintiffs allege Tether illegally froze $42.4M in USDT without a warrant in October 2025, with an official seizure warrant issued later in February 2026.
• Thailand’s SEC has issued Travel Rule regulations that require digital asset operators to collect transfer-party information; implementation is set for Feb. 27, 2027.
• Thailand’s SEC is also consulting on letting intermediaries enable retail access to certain overseas crypto derivatives, subject to product and venue criteria.
• Singapore is reassessing its approach to stablecoins issued in multiple jurisdictions, proposing a route for some jointly issued tokens and a limited recognition framework for comparable foreign-issued stablecoins.
• Australia’s regulator warns unlicensed crypto firms to apply for financial services licensing by Sept. 30 or face penalties, including fines up to 10% of annual turnover.

Tether freeze challenge in Thailand’s pig butchering case

According to Cointelegraph’s report referencing the lawsuit, two Thai businessmen are suing Tether in New York over an alleged stablecoin freeze tied to a pig butchering scheme. The plaintiffs claim that in October 2025, Tether froze $42.4 million in USDT as part of the broader enforcement action, after receiving an informal request linked to U.S. Homeland Security Investigations.

The key point in the complaint is procedural: the plaintiffs say Tether froze the funds without a warrant. Cointelegraph further notes that authorities in the Eastern District of North Carolina issued a seizure warrant later—directing the burn and reissuance of the tokens to a government wallet—described as having been issued in February 2026.

While the plaintiffs reportedly did not dispute their involvement in the underlying investment scam, the lawsuit is framed around the scope and limits of stablecoin issuers’ freezing powers. The case therefore tests how far issuers can go based on informal requests before formal legal authorization is issued.

Thailand tightens crypto transfer controls with Travel Rule

Thailand is moving toward tighter oversight of crypto transfers as the country seeks alignment with global Anti-Money Laundering (AML) standards. The Thai Securities and Exchange Commission (SEC) has issued Travel Rule regulations requiring digital asset operators to collect information about parties involved in crypto transfers.

Cointelegraph reports that the rules include checks that cover transactions involving self-custodial wallets—an area that often complicates compliance because counterparties control private keys outside an operator’s custody model. The regulations are scheduled to take effect on Feb. 27, 2027.

For market participants, the operational implication is straightforward but significant: exchanges, brokers, and other regulated intermediaries will need to strengthen data collection and transfer screening processes well ahead of the effective date. Compliance teams will also need to think through how information can be captured consistently when transfers touch wallets that are not held by service providers.

Thailand consults on retail access to overseas crypto derivatives

In a separate move, Thailand’s SEC has proposed a framework that would allow intermediaries to facilitate retail access to certain digital asset derivatives traded overseas. Cointelegraph notes that eligible products would need to resemble crypto derivatives traded in Thailand, including key economic and trading features such as underlying assets, maturity, leverage, and settlement methods.

The proposal also sets conditions for where and how these derivatives are traded. The products must be listed on an exchange that uses a central counterparty for clearing and is overseen by a regulator belonging to specified international regulatory or exchange groups.

The consultation remains open until Sept. 30. If adopted, this could broaden retail exposure to derivative products—though only within a structured perimeter tied to clearing arrangements and recognized oversight. Participants will likely be watching how Thailand defines “eligible products” in practice and how it evaluates comparable overseas venues.

Singapore and Australia push clearer stablecoin and licensing rules

Singapore’s approach to stablecoins is also evolving. According to Cointelegraph, the Monetary Authority of Singapore (MAS) is reconsidering an earlier restriction on stablecoins issued across multiple jurisdictions. The regulator is proposing a pathway in which some jointly issued tokens could qualify under Singapore’s regulatory framework and be labeled as “MAS-regulated stablecoins,” provided relevant risks are sufficiently mitigated.

Cointelegraph also reports MAS is considering recognizing a limited number of foreign-issued stablecoins regulated under comparable overseas frameworks. The rationale, as described in the report, is that such tokens may support use cases like cross-border wholesale transactions—suggesting MAS is balancing market utility with regulatory control.

Australia is taking a different tack: enforcement deadlines. Cointelegraph reports that Australia’s securities regulator ASIC told crypto firms relying on temporary regulatory relief to apply for a financial services license or make changes to existing licenses by Sept. 30. ASIC warned that businesses failing to do so could face penalties, including fines reaching 10% of annual turnover.

Cointelegraph notes ASIC has recorded more than 45 digital asset-related license applications to date. For firms operating in Australia, this is a reminder that “temporary relief” is time-bounded and that licensing preparation—not business-as-usual—may be the main differentiator between being able to continue serving customers and being forced to adjust operations.

Across these developments, a common thread emerges: regulators are moving from broad policy statements toward concrete compliance mechanics—whether that means warrant-backed freezing standards, Travel Rule data requirements (including self-custodial transfers), or market access and licensing deadlines. Readers should watch for how courts interpret stablecoin freeze authority in the Tether case, and whether regulators in Thailand, Singapore, and Australia publish implementation details that could determine who qualifies under the new frameworks.

Ethereum price recovered above $2,400 on Sept. 3 after falling to $2,370, but weakening short-term momentum and nearby liquidation clusters leave the breakout vulnerable.

According to data from crypto.news, Ethereum (ETH) price traded around $2,408 at the time of writing, up 0.66% during the current daily session after opening near $2,392. The token moved between an intraday low of $2,370 and a high of $2,419.

The rebound returned ETH above the closely watched $2,400 level, but the token remains below the $2,438 Fibonacci retracement area and the $2,500–$2,550 resistance zone. Sellers have repeatedly defended the upper region since Ethereum’s late-August rally stalled near $2,550.

Wider risk sentiment also remains fragile. Renewed fighting between the United States and Iran pushed Brent crude to a six-week high of $97.39 on Sept. 3, according to Reuters, raising concerns that higher energy costs could keep inflation elevated.

Markets are also preparing for the Federal Reserve’s Sept. 16 decision. Rate expectations have shifted rapidly, with prediction market Kalshi placing the probability of a 25-basis-point increase at 53% at the time of writing. A rate increase would raise the relative appeal of yield-bearing assets and could pressure cryptocurrencies and other risk assets.

Ethereum price loses short-term momentum

The 4-hour chart shows that Ethereum has started forming lower highs after its late-August advance. ETH currently trades below the Bollinger Bands’ middle line at $2,429.79, which acts as the first short-term resistance.

The upper Bollinger Band sits at $2,493.27, placing it near the lower edge of the wider $2,500–$2,550 supply zone. A 4-hour close above the midpoint could allow ETH to retest that resistance, while a break through the upper band would strengthen the case for another move toward $2,550.

Momentum has not yet supported that outcome. The 4-hour relative strength index stands at 43.86, below the neutral 50 level. Its signal average is lower at 41.48, showing a small recovery in momentum but no clear bullish reversal.

The lower Bollinger Band at $2,366.32 closely matches the session low and provides the nearest technical support. Losing that line would put $2,350 in focus, followed by the breakout region around $2,200.

Daily Ethereum chart retains its bullish structure

Ethereum’s daily structure remains stronger than its 4-hour setup. ETH continues to trade well above its 50-day simple moving average at $2,064.47 and its 200-day average at $2,031.85.

The 50-day average has also moved above the 200-day line, forming a bullish crossover. Such a crossover indicates that medium-term price momentum has improved relative to Ethereum’s longer-term trend, although it does not prevent a short-term correction.

Chaikin Money Flow supports the wider bullish structure. The indicator stands at 0.22, showing that buying pressure has remained stronger than selling pressure during the measured period. However, CMF has flattened after rising sharply during the August breakout, suggesting that capital inflows are no longer accelerating.

Crypto trader Daan Crypto Trades identified $2,400 as the key level separating a normal breakout retest from a deeper reversal. According to the analyst, a failure to hold the zone would send ETH back into its previous range and weaken the recent breakout structure.

Ted Pillows placed the next downside trigger slightly lower. The analyst said a weekly close below $2,350 could open the path toward $2,200, while resistance remains concentrated around $2,540 and $2,800.

ETH liquidation map shows pressure on both sides

CoinGlass’ one-week Ethereum liquidation heatmap shows leveraged positions accumulating immediately above and below the current price.

The closest large downside cluster appears around $2,350–$2,360. A move into that area could liquidate leveraged long positions, adding forced selling and increasing the risk of a brief drop below support.

Liquidity has also gathered around $2,430–$2,450, creating a nearby target if buyers hold $2,400. A move through that range could force short traders to close positions and help accelerate a rebound toward $2,500.

The largest visible liquidation concentration sits much higher, around $2,535–$2,550. That cluster overlaps with Ethereum’s recent price peak and the resistance cited by analysts, making it the main upside target if ETH regains momentum.

Liquidation heatmaps show where leveraged positions may face pressure, but they do not guarantee that price will reach those levels. New positions and closed trades can also change the size of each cluster over time.

Can Ethereum price hold above $2,400?

Ethereum needs a daily close above $2,400 and a move through the 4-hour Bollinger midpoint at $2,430 to stabilize its short-term structure. Reclaiming $2,450 would shift attention toward $2,493 and the heavier resistance between $2,500 and $2,550.

Failure to hold $2,400 would return focus to the lower Bollinger Band near $2,366. A decisive close below $2,350 would weaken the August breakout and could expose $2,200, where the previous consolidation range and technical support converge.

The daily moving averages and positive CMF still favor the broader recovery, but the 4-hour chart shows that sellers retain control of short-term momentum. Ethereum therefore remains at a decision point, with $2,350–$2,400 serving as support and $2,430–$2,550 forming the main recovery barrier.

As of September 3, 2026, XRP experienced a strong rebound in August, briefly approaching $1.70 before retreating to around $1.36 with the rally mainly driven by continued accumulation by whales, inflows into spot XRP ETFs, and increased institutional investment demand.

On-chain data shows that wallets holding between 1 million and 10 million XRP recently increased their holdings by approximately 380 million XRP, indicating that some large investors continue to accumulate XRP. Meanwhile, as of late August, cumulative net inflows into spot XRP ETFs had reached approximately $1.57 billion, providing important capital support for the market.

Entering September, investors will continue to focus on developments in U.S. cryptocurrency regulation, ETF fund flows, and changes in whale holdings. These factors could become important drivers influencing XRP’s next phase of price performance.

Los Altos, California, September 3, 2026 (GLOBE NEWSWIRE) — XRP is currently trading at approximately $1.36 to $1.37, down from its recent high in late August. The adjustment is in line with the broader cryptocurrency market’s periodic volatility. Despite short-term price pressure, market analysts believe that XRP’s future performance will be influenced by multiple factors, including institutional capital flows, demand for spot ETFs, on-chain activity, and developments in U.S. cryptocurrency regulation.

Entering September, market attention has increasingly shifted toward the U.S. Senate’s upcoming September 15 vote on cloture for the CLARITY Act, which could become an important catalyst affecting short-term market sentiment surrounding XRP. At the same time, spot XRP ETFs continue to attract attention from institutional investors, indicating that institutional demand for exposure to the digital asset remains strong.

Therefore, despite XRP’s recent pullback and relatively high volatility, its future performance will depend on factors including regulatory expectations, ETF fund flows, market liquidity, and overall risk appetite. Investors are closely watching whether XRP can break through key resistance levels again and regain upward momentum in a new market cycle.

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Zcash price rebounded toward $847 on Sept. 3 after buyers defended the $780–$800 liquidity zone, but overbought momentum and heavy leverage leave ZEC exposed to another sharp swing.

Zcash price rebounds after testing $780

According to data from crypto.news, Zcash (ZEC) price traded near $847 at the time of writing, recovering from an intraday low around $804 and extending a rebound that began after buyers stepped in near $780. The daily candle showed a gain of roughly 3.8%, reversing part of the previous session’s decline.

The recovery follows a volatile pullback from the $880–$890 area. ZEC had climbed rapidly from approximately $500 in the second half of August, with the advance accelerating once it cleared the previous resistance zone near $600.

Profit-taking emerged after the price reached an eight-month high close to $890. ZEC subsequently fell toward $780 before stabilizing, leaving it in a broad consolidation range between approximately $780 and $890.

The wider move remains strong despite the recent turbulence. Zcash is trading well above its 20-day simple moving average at $728, the 50-day SMA at $592, the 100-day SMA at $531, and the 200-day SMA at $437.

Maintaining that alignment keeps the medium-term trend positive. However, the large distance between ZEC and its shorter moving averages also shows how quickly the rally became stretched.

Momentum remains overheated despite the recovery

The daily relative strength index stood at 70.29, just above the conventional overbought threshold. Its signal line was higher at 75.79, suggesting that momentum has started cooling even as the price remains close to its recent peak.

A declining RSI against a relatively stable price can signal fading buying strength. Confirmation would require ZEC to form a lower high or lose an established support level, as an overbought reading alone does not guarantee a reversal.

The 4-hour chart presents a more balanced picture. ZEC recovered above the Bollinger Bands’ middle line at $836 after briefly trading closer to the lower band at $803. The upper band near $870 now forms the first short-term resistance.

A 4-hour close above $870 would place the recent highs around $880–$890 back in focus. Breaking that area could allow ZEC to test $900, followed by the psychological $1,000 level mentioned by pseudonymous trader Altcoin Sherpa.

The trader said ZEC was in the “1k waiting room,” although its next move would remain closely tied to Bitcoin. According to the analyst, strength in Bitcoin could allow Zcash to outperform, while renewed weakness in the wider market would likely produce the opposite result.

The Awesome Oscillator remained slightly negative at -5.18 on the 4-hour chart. While the latest bars suggest bearish pressure is easing, a move above zero would provide stronger evidence that short-term momentum has returned to buyers.

Liquidation clusters could amplify the next ZEC move

CoinGlass’ one-week liquidation heatmap shows large concentrations of leveraged positions on both sides of the market. The nearest upside clusters appear around $870–$890, with additional liquidity extending toward $900.

A sustained move through $870 could force short sellers to close positions, adding market buy orders and potentially accelerating a retest of the recent peak. The brightest nearby concentration appears close to $890, making that zone a possible price magnet if buyers maintain control.

Downside liquidity is concentrated between $780 and $800. ZEC already approached that area during its latest sell-off, but the heatmap indicates that leveraged positions remain exposed around the same range.

Crypto market account DXT Tools said ZEC futures volume stood at $3.55 billion compared with $312 million in spot volume during an earlier snapshot. The account also placed open interest at $1.58 billion and estimated liquidation leverage at $174 million.

Those figures indicate that derivatives activity was much larger than spot buying at the time of the post. High leverage can magnify a breakout in either direction because forced closures add to existing buying or selling pressure.

The account identified $810–$815 as the first nearby liquidity band and $840–$850 as the next cluster. ZEC has since reclaimed both areas, shifting immediate attention toward the larger concentrations above $870.

Key Zcash price levels to watch

The short-term bullish case depends on ZEC holding above the 4-hour Bollinger midpoint near $836. Continued support at that level would leave $870 as the first resistance, followed by $890 and $900.

A daily close above $890 would mark a breakout from the current consolidation and could open a path toward $950 and $1,000. Bulls would still need rising spot volume to support the move, as a rally driven mainly by leveraged futures would remain vulnerable to a reversal.

The bearish scenario begins with a loss of $836. Such a move would expose $810–$803, where the 4-hour lower Bollinger Band and recent intraday support converge.

A decisive break below $780 would invalidate the current range support and could trigger another round of long liquidations. The next major daily reference would then sit near the rising 20-day SMA at $728.

For US traders, the next ZEC move may also depend on broader risk appetite. Expectations for tighter Federal Reserve policy and volatility tied to US-Iran tensions have weighed on speculative assets, while higher oil and Treasury yields could keep pressure on high-beta cryptocurrencies. Against that backdrop, ZEC’s leverage-heavy structure leaves it particularly sensitive to sudden changes in Bitcoin and the wider market.

Introduction: Why AI trading is becoming a major market trend in 2026

The way traders analyze markets is changing.

In 2026, artificial intelligence is moving from experimental technology into practical trading workflows used by investors, fintech companies, and market participants around the world.

For decades, trading decisions have relied heavily on human research, technical indicators, financial reports, and predefined strategies.

These methods remain important. However, modern markets have become significantly more complex.

Today’s traders need to process information from multiple sources, including:

• Price movements
• Market sentiment
• Economic data
• Corporate earnings
• Global events
• Cryptocurrency market activity

The challenge is no longer simply finding information.

The challenge is understanding large amounts of information quickly and turning that data into meaningful trading decisions.

This is where AI trading platforms are gaining attention.

By combining machine learning, real-time data analysis, AI agents, and automated workflows, modern AI trading solutions are helping traders improve market research and streamline trading processes.

The biggest shift brought by AI trading technology is not automation alone.

It is the transition from systems that only execute predefined rules to platforms that can continuously analyze information, evaluate market conditions, and support more adaptive decision-making.

Recommended AI trading platform in 2026: MillionPool

As interest in AI-powered trading continues to grow, traders are looking for platforms that can combine intelligent analysis with practical automation.

MillionPoolis an AI-powered trading platform designed to help users analyze market opportunities, optimize trading strategies, and simplify automated trading workflows.

Unlike traditional trading bots that rely entirely on fixed instructions, modern AI trading platforms are exploring more flexible approaches using:

• AI-driven market analysis
• Intelligent strategy assistance
• Automated workflows
• Data-based decision support

MillionPool represents this new direction of AI trading technology by focusing on helping users reduce the complexity of market monitoring and improve the efficiency of their trading process.

For traders evaluating AI trading platforms in 2026, important factors include:

• Transparency
• Risk management
• Automation capabilities
• User control
• Platform reliability

The goal of AI trading technology is not to remove uncertainty from financial markets.

Instead, it is to provide traders with better tools for understanding markets and managing their decision-making process.

What makes AI trading platforms different?

An AI trading platform uses artificial intelligence to assist with different stages of the trading process, including:

• Market research
• Pattern recognition
• Strategy evaluation
• Risk analysis
• Trading automation

Traditional trading software often follows predefined rules.

For example:

A trading bot may buy an asset when a technical indicator reaches a specific level.

While rule-based systems can be effective, they may struggle when market conditions change.

AI-powered trading platforms introduce a different approach.

Instead of relying only on fixed instructions, AI systems can analyze broader information, identify patterns, and provide additional decision support.

Modern AI trading platforms may evaluate:

• Historical price data
• Trading volume
• Market sentiment
• Economic conditions
• News information
• Asset behavior patterns

This allows traders to approach market analysis with more information and greater flexibility.

AI trading platform vs traditional trading bot

The difference between traditional trading bots and AI-powered platforms is mainly adaptability.

Traditional bots are still useful for specific strategies.

However, AI trading platforms are designed to provide broader analytical capabilities.

The purpose is not to replace traders.

Instead, AI tools help traders spend less time collecting information and more time evaluating strategies.

How multi-agent AI systems work in trading

One of the most interesting developments in AI trading is the use of Multi-Agent AI Systems.

A multi-agent system allows multiple AI agents to work together, with each agent focusing on a specific responsibility.

Instead of one AI model handling every task, different AI agents can analyze different parts of the trading process.

This creates a workflow similar to that of a professional investment team.

Market analysis agent

The market analysis agent focuses on understanding market conditions.

It may analyze:

• Price trends
• Technical indicators
• Trading patterns
• Market movements

Its role is to identify relevant information that may influence trading decisions.

Risk management agent

The risk management agent evaluates potential risks.

It may monitor:

• Market volatility
• Portfolio exposure
• Position sizes
• Changing market conditions

A strong AI trading system should not only search for opportunities but also help users understand potential risks.

Strategy optimization agent

The strategy agent focuses on evaluating different trading approaches.

It can help analyze:

• Historical performance
• Strategy effectiveness
• Market conditions
• Potential improvements

Execution agent

The execution agent supports the operational side of trading.

This may include:

• Order management
• Trading automation
• Execution timing
• Workflow optimization

By combining these different functions, multi-agent AI systems create a more complete approach to automated trading.

AI crypto trading bots: How AI is changing digital asset trading

Cryptocurrency markets operate 24 hours a day, seven days a week.

This creates unique challenges for traders because market conditions can change quickly at any time.

AI crypto trading bots can assist users by analyzing:

• Bitcoin (BTC)
• Ethereum (ETH)
• Digital asset markets
• Trading volume
• Market sentiment
• Historical patterns

For example, a crypto trader monitoring Bitcoin volatility may use an AI trading platform to review price movements, market sentiment, and historical patterns before adjusting a strategy.

AI tools can help reduce manual monitoring requirements and provide faster access to market information.

However, AI crypto trading bots should not be viewed as automatic profit systems.

They are designed to support:

• Market analysis
• Trading automation
• Strategy evaluation
• Decision assistance

Market risk remains an important factor in any trading activity.

AI stock trading platforms: Supporting modern investors

AI is also becoming increasingly relevant in traditional stock markets.

AI stock trading platforms can help investors with:

• Company research
• Market trend analysis
• Portfolio monitoring
• Risk evaluation

For markets such as NASDAQ and the New York Stock Exchange (NYSE), AI tools are being explored as a way to improve research efficiency.

A trader researching a company may use AI tools to summarize financial information, analyze historical trends, and organize market data.

The value of AI is not replacing human judgment.

Instead, AI provides additional analytical support that helps investors make more informed decisions.

How to choose an AI trading platform in 2026

With more AI trading solutions entering the market, traders should evaluate platforms carefully.

A strong AI trading platform should provide more than automation.

1. Transparency

Users should understand:

• How AI strategies are created
• What information does the system analyze
• How decisions are generated

Transparent platforms help users make better-informed choices.

2. Risk management features

Risk control is one of the most important parts of trading.

Useful features may include:

• Position management
• Risk limits
• Portfolio monitoring
• Strategy evaluation

3. Automation and user control

Automation should simplify trading, not remove user control.

Important features include:

• Market monitoring
• Strategy assistance
• Automated workflows
• Custom settings

4. Security and reliability

Before using any AI trading platform, users should consider:

• Platform reputation
• Data protection
• Account security
• Operational reliability

What traders should know before using AI trading bots

AI trading technology provides powerful analytical tools, but traders should understand its limitations.

AI does not guarantee trading results

Financial markets remain unpredictable.

Factors such as:

• Economic changes
• Regulatory decisions
• Unexpected events
• Market sentiment

can influence asset prices.

AI can improve analysis, but it cannot eliminate market uncertainty.

Strategy quality still matters

The effectiveness of an AI trading system depends on:

• Data quality
• Strategy design
• Market conditions
• Risk controls

Users should evaluate AI platforms based on technology, transparency, and risk management rather than promises of guaranteed performance.

The future of AI trading platforms

AI trading technology is expected to continue developing.

Several trends may shape the future:

More specialized AI agents

Future trading systems may include dedicated AI agents focused on:

• Market research
• Risk analysis
• Strategy development
• Portfolio optimization

More intelligent automation

AI assistants may increasingly help traders:

• Summarize market conditions
• Monitor portfolios
• Identify important signals
• Support research

Stronger risk management

Future AI platforms will likely focus more on:

• Real-time monitoring
• Adaptive strategies
• Automated controls

The next stage of AI trading will likely focus on collaboration between human decision-making and intelligent technology.

Conclusion: AI trading is moving toward a more intelligent future

AI trading platforms are changing how investors analyze markets, evaluate strategies, and manage trading workflows.

From AI crypto trading bots to AI stock trading platforms, artificial intelligence is creating new opportunities for traders who want more efficient ways to process information.

Multi-Agent AI Systems represent an important development in this transformation.

By combining specialized AI agents for market analysis, risk management, strategy optimization, and execution, next-generation trading platforms are moving beyond simple automation.

For traders exploring AI-powered solutions in 2026, the most important considerations are not only technology and automation but also transparency, security, and responsible risk management.

AI will not replace every trading decision.

Instead, the future may be a closer partnership between human traders and intelligent AI systems.

Frequently asked questions (FAQ)

The global popularity of cryptocurrency continues to rise; statistics indicate that over 52% of adults in the United States have purchased cryptocurrency, however, the market is fraught with uncertainty, characterized by shifting economic cycles and persistent high price volatility.

Whether it is Bitcoin or XRP, assets often fail to deliver strong long-term performance, leaving many investors facing the issue of their holdings stagnating and depreciating in value over time.

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In conclusion EiCrypto is expanding its influence in the cryptocurrency market through a convenient, legitimate, and efficient contract strategy mechanism. 

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The CLARITY Act has faced a new timing obstacle after House Republican leaders canceled eight voting days and scheduled the chamber to leave Washington on Sept. 17.

House calendar leaves little time for the CLARITY Act

House Majority Whip Tom Emmer’s office informed Republican members that leadership had removed the weeks of Sept. 21 and Sept. 28 from the voting calendar, cutting eight previously scheduled legislative days.

Under the revised schedule, representatives will return after Labor Day for four voting days before leaving Washington on Sept. 17. The chamber is not expected to resume regular legislative work until after the Nov. 3 midterm elections.

House leaders did not cite the CLARITY Act when announcing the calendar change. Still, the shortened session limits the time available to complete any bill that the Senate alters and sends back to the House.

The House passed its version of the Digital Asset Market Clarity Act, known as H.R. 3633, in 2025. The legislation would divide oversight of the U.S. digital asset market between the Securities and Exchange Commission and the Commodity Futures Trading Commission while creating registration rules for crypto trading platforms.

Senators have since worked on their own text, adding provisions that were not part of the measure approved by the House. If the Senate passes an amended bill, the House must accept the changes or the two chambers must negotiate a common version.

Any agreed text would then require approval from both chambers before it could be sent to President Donald Trump. With House members scheduled to leave two days after the Senate’s expected procedural vote, completing every stage in September would leave lawmakers little room for delays.

Senate vote would begin debate, not pass the bill

Senate leaders are expected to hold a cloture vote on Sept. 15 on the motion to proceed to the CLARITY Act. The vote would require support from at least 60 senators and would allow the chamber to begin formal consideration of the legislation.

Clearing cloture would not amount to final Senate passage. Senators could still debate the text, propose amendments, and hold additional procedural votes before voting on the full measure.

As crypto.news previously reported, Solana Policy Institute CEO Miller Whitehouse-Levine placed the bill’s chance of becoming law before the midterms at 10%. He cited the limited number of legislative days and unresolved negotiations between senators.

Senate Republicans cannot reach the 60-vote threshold without Democratic support. Negotiations have covered presidential crypto ethics, anti-money laundering requirements, state enforcement powers, decentralized finance and the treatment of stablecoin rewards.

Several Democrats have sought restrictions addressing financial interests held by elected officials and their families. Reuters reported in August that other lawmakers wanted stronger enforcement provisions and added safeguards for illicit-finance risks.

With the House leaving Washington shortly after the cloture vote, any lengthy Senate amendment process could push the next stage beyond the election. The House could return in an emergency, or leaders could change the calendar again, but no such plan has been announced.

Stablecoin rewards remain a key Senate dispute

Stablecoin rewards have become one of the main points of disagreement between banks and crypto companies during the Senate negotiations.

The Senate text would prohibit payments based solely on a customer holding a payment stablecoin balance while allowing certain rewards tied to transactions or other activity. Banks have argued that activity-based incentives could allow crypto platforms to offer bank-like returns without facing the same capital, liquidity, and regulatory requirements as insured depository institutions.

Crypto companies have opposed restrictions that would prevent exchanges and other service providers from sharing revenue with users. Industry representatives have also argued that a strict ban could reduce competition in dollar-backed digital payments.

The dispute follows the passage of the GENIUS Act, which created federal rules for payment stablecoin issuers. Its implementation has left lawmakers and regulators to address how third-party platforms may advertise or distribute rewards connected to stablecoins.

Whitehouse-Levine’s August assessment came as Polymarket traders placed the probability of enactment during 2026 at approximately 20%, with more than $7.2 million wagered on the contract at the time. The market has since fallen to about 18%, according to the prediction platform, although its prices represent traders’ positions rather than a formal legislative forecast.

A separate Polymarket contract places Democrats’ chance of winning the House at about 90% and their chance of taking the Senate at roughly 52%. Prediction-market probabilities can change as traders respond to polling, campaign developments, and congressional action.

If the bill remains unfinished when the current Congress ends, lawmakers will have to restart the process in the next Congress. A post-election lame-duck session could offer another opportunity, but the result of the midterms may affect whether party leaders give the measure floor time.

SEC proceeds with separate crypto rulemaking

SEC Chair Paul Atkins has remained optimistic about the Senate process despite the limited calendar. In a recent public statement, Atkins said he hoped the chamber would advance the legislation within two weeks.

As reported on Sept. 2, Atkins described the bill as part of an effort to establish statutory rules for the U.S. crypto market. Congress, however, would still need to complete each procedural step before Trump could sign it.

The SEC has also started work on rules that do not depend on the CLARITY Act’s passage. In August, the agency proposed Regulation Crypto Assets, a 402-page framework covering token offerings and qualifying investment contracts.

The proposed SEC framework includes two fundraising exemptions. One would allow eligible issuers to raise up to $5 million over 12 months, while another would permit offerings of up to $75 million under added disclosure and investor-protection requirements.

Regulation Crypto Assets also proposes a safe harbor under which qualifying tokens could cease being treated as investment contracts after meeting decentralization and disclosure conditions. Because the proposal remains subject to public comments and possible revisions, it has not created a final exemption for issuers.

The commission is separately preparing guidance known as the Innovation Exemption for tokenized securities. Atkins has said the measure could give companies a regulated route to test blockchain-based financial products, although tokenized stocks and bonds would remain subject to federal securities laws.