[Robinhood Wallet waives gas fees on Robinhood Chain swaps through year-end]

Robinhood Crypto said on X it will waive gas fees for swaps worth more than $0.50 on Robinhood Chain through Robinhood Wallet. The offer will remain in place through Dec. 31.
https://coinness.com/en/news/1170224

[HANetf launches euro-hedged Bitcoin ETP in Europe]

HANetf has launched what it described as the world’s first Bitcoin exchange-traded product with a euro currency hedge, The Wall Street Journal reported. Because Bitcoin is typically priced in U.S. dollars, European investors are generally exposed not only to BTC price swings but also to moves in the dollar-euro exchange rate when they invest. The product is designed to reduce that dollar currency risk. HANetf said it has recently seen demand among European clients to cut dollar exposure.
https://coinness.com/en/news/1170225

[Pantera says 81% of tokenized U.S. Treasuries are being held, not traded]

In a report, Pantera Capital found 81% of asset value in the tokenized U.S. Treasury market, now worth more than $12 billion, is being held rather than traded, according to Crypto Briefing.

The report examined 593 tokenized assets across 11 sectors and said the overall tokenized asset market grew 60% to around $321 billion from $201 billion in 2024. It added that 77.6% of the assets assessed were real-world or traditional financial assets wrapped on blockchain networks, while fully onchain-native tokens accounted for just 2.7%. Stablecoins stood at about $293 billion, representing 91.6% of the total market.
https://coinness.com/en/news/1170226

[Coinbase offers instant loans backed by HYPE and ZEC]

Coinbase said users can instantly borrow up to $100,000 against HYPE and ZEC without selling the underlying assets. The service runs on MORPHO and is available across the U.S., excluding New York state.
https://coinness.com/en/news/1170227

[Peter Brandt picks XLM as a long-shot bet for the next several years]

Veteran trader Peter Brandt has identified XLM as a cryptocurrency worth watching over the next several years, according to U.Today. Sharing XLM’s long-term monthly chart on X, Brandt said if investors want to bet on a low-probability, high-return "long shot" over the next few years, XLM is a solid option.
https://coinness.com/en/news/1170228

[U.S. CFTC investigates incentive programs tied to prediction markets]

The U.S. Commodity Futures Trading Commission expressed concern over false advertising in prediction markets and said it is investigating incentive programs tied to those markets.
https://coinness.com/en/news/1170229

[BTC falls below $83,000]

According to CoinNess market monitoring, BTC has fallen below $83,000. BTC is trading at $82,973.34 on the Binance USDT market.
https://coinness.com/en/news/1170230

[BTC spot demand remains weak as futures dominate market, analyst says]

The Bitcoin market is seeing an unusually high share of futures trading relative to spot volume, CryptoQuant analyst Darkfost said, indicating prices are currently being driven largely by derivatives activity rather than spot demand.

Darkfost said the ratio on Binance stands at about 0.12, implying nearly 90% of the market is being driven by futures trading. In other words, for every $1 invested in spot, roughly $9 is flowing into futures, marking a significant gap.

At the same time, open interest is falling. Binance open interest declined over the past week to $9.2 billion from $10.6 billion, but the ratio has not improved because spot demand remains weak, Darkfost said.

Darkfost added bull markets often begin with a recovery in speculative demand, with speculative capital entering first to ignite an upswing and spot demand later helping sustain the rally. For now, however, spot demand is still lacking, and if it does not follow, the current rebound, led mainly by the futures market, could quickly become unstable.
https://coinness.com/en/news/1170231

[BTC's hold above $82K seen as key; break could signal deeper correction]

Jack Yi, founder of crypto-focused investment firm LD Capital, said on X that the market is currently in a pullback phase within a daily uptrend channel and is not yet at a stage that would signal a trend reversal. Yi added that the recent short-term false breakout was a typical bull trap.

Yi said $82,000 is the key correction level. If BTC holds that level, the pullback may end and the uptrend may resume, but if support fails, a larger correction could follow. Yi added that investors should stay patient until new opportunities are confirmed rather than chasing the last stretch of gains.
https://coinness.com/en/news/1170232

[Aztec relaunches privacy wallet zk.money after 3 years]

Aztec Labs has relaunched zk.money, the self-custody privacy wallet it shut down in 2023, after three years, The Block reported. The new version runs on Aztec’s Ethereum layer-two network and keeps users’ balances, transfer amounts and counterparty details from being disclosed on the public ledger.

The previous zk.money launched in 2021 and processed more than $100 million in transactions across over 75,000 wallets, but operations were halted amid scalability issues.
https://coinness.com/en/news/1170233

[Gemini launches politics prediction hub ahead of U.S. midterm elections]

Crypto exchange Gemini has launched a “Politics Hub” within its prediction market platform ahead of the U.S. midterm elections in November, according to Crypto Briefing.

The hub allows users to view and track in real time major election-related prediction markets in one place, including races for the Senate, House of Representatives, and governorships.
https://coinness.com/en/news/1170234

[Anonymous whale withdraws $20.5M in ETH from Binance]

A whale wallet known as qianbaidu.eth deposited 25.75 million USDT to Binance and withdrew 7,500 ETH worth about $20.5 million over 30 minutes, according to on-chain analytics firm Hupzy, formerly Spot On Chain.

A CoinNess analysis said the move appears to reflect active accumulation rather than a simple asset transfer, as the stablecoins were converted into spot ETH and then moved to a self-custodied wallet. Lower ETH supply on exchanges can also reduce sell-side liquidity, the analysis added.
https://coinness.com/en/news/1170235

[5,035 BTC transferred from Coinbase Institutional to an unknown wallet]

Whale Alert reported that 5,035 BTC has been transferred from Coinbase Institutional to an unknown wallet. The transaction is valued at about $419 million.
https://coinness.com/en/news/1170236

[Project Eleven acquires Riva Labs]

Blockchain quantum-resistant security infrastructure firm Project Eleven has acquired post-quantum cryptography company Riva Labs, according to Crypto Briefing. The deal value was not disclosed.
https://coinness.com/en/news/1170237

[Bitget CEO not optimistic about freezing, recovering $388M in hacked funds]

Bitget CEO Gracy Chen said Chen is not optimistic about the chances of freezing and recovering funds from a recent $388 million hack, according to Cointelegraph.

Citing Bybit’s $1.5 billion hack last year, Chen said that after about a year, only around 3.5% of the stolen funds had been frozen, and none of that had actually been recovered. Bitget is offering separate 5% bounties to parties that help freeze and recover the stolen funds.
https://coinness.com/en/news/1170238

[BTC options traders add bullish bets on calls above $90K]

Demand is growing in the options market for call options betting on Bitcoin rising above $90,000 while BTC trades around $83,238, Walter Bloomberg said. Walter Bloomberg said calls with strike prices of $95,000 and $100,000 are also seeing strong demand, while institutional fund flows appear to be improving. Spot Bitcoin ETFs posted net inflows for eight straight trading sessions, including $31 million yesterday. Despite weaker short-term sentiment toward BTC, Walter Bloomberg said the options market still reflects expectations for further upside.
https://coinness.com/en/news/1170239

[Survey: 75% of U.S. banks are pursuing blockchain finance programs]

A survey of U.S. banks commissioned by digital asset platform Uphold and conducted by American Banker found 75% of respondents are pursuing blockchain-based financial programs. Of those, 22% have already launched related projects or are expanding them, while 53% are piloting or reviewing specific use cases.

The survey also found 66% have allocated budgets to build digital asset infrastructure, and 54% have issued requests for proposals (RFPs) to select related companies and partners. Key use cases included digital asset wallets and custody at 72%, digital asset trading and holding services for asset management at 70%, and stablecoin-based institutional payments at 64%.
https://coinness.com/en/news/1170240

[Riot Platforms repays Coinbase $200M BTC-backed credit line in full]

U.S. crypto mining firm Riot Platforms (NASDAQ: RIOT) has fully repaid its $200 million Bitcoin-backed credit facility from Coinbase Credit and terminated the agreement, Bitcoin News reported. Riot repaid all principal and accrued interest, with no early termination fee.

The loan carried a 6.15% interest rate after an amendment to the agreement in April. As of June 30, Riot had pledged 5,821 BTC as collateral out of its 11,380 BTC holdings, valued at about $340.7 million at the time, and the repayment has released that collateral.
https://coinness.com/en/news/1170241

[Kalshi in late-stage talks to raise $1B at $40B valuation]

Prediction market platform Kalshi is in late-stage talks to raise $1 billion at a $40 billion valuation, Reuters reported. Tiger Global and Dragoneer are among the investors said to be discussing participation. The valuation would mark nearly a doubling from $22 billion in May in about four months.
https://coinness.com/en/news/1170242

[Bitcoin whales add 41,025 BTC over 10 days]

Whale addresses holding between 1,000 and 10,000 BTC added 41,025 BTC over the past 10 days, according to Santiment on X. Their combined holdings reached 13.64 million BTC, or 67.93% of total supply, marking the highest level since the rally in mid-August.

By contrast, holdings among small-scale investors with less than 0.01 BTC showed little change. Santiment said the current pattern of whale accumulation and stagnant retail positioning is positive, but does not guarantee further price gains.
https://coinness.com/en/news/1170243

[Ethereum Foundation plans Glamsterdam upgrade on Sep. 6]

The Ethereum Foundation said it plans to carry out the Glamsterdam upgrade on Sep. 6 on Sepolia. The upgrade aims to improve block creation, state growth and execution limits, while laying the groundwork for expanding Layer 1 capacity.
https://coinness.com/en/news/1170244