[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

[El Salvador says it has no plans for state-backed stablecoin remittance app]

El Salvador’s government denied a Bloomberg report that it is building Sivar, an app designed to support remittances using dollar-pegged stablecoins. The government said it has no plans to launch or operate an app for Bitcoin, cryptocurrency, or stablecoin remittances.
https://coinness.com/en/news/1170245

[Coinbase announces CT spot listing]

Coinbase announced the addition of CT spot trading.
https://coinness.com/en/news/1170246

[Fed Governor Waller cites AI, stablecoins, tokenization as key to future payments]

Federal Reserve Governor Christopher Waller, speaking at the Sibos conference, said AI, stablecoins and tokenization will be central to the future of payments, according to Crypto Briefing.

Waller said there was no reason to fear new technologies or payment service providers, adding that distributed ledger technology, or DLT, and AI are tools that can address problems in global transactions. He also said DLT and tokenization have the potential to make payment systems faster and more transparent, while smart contracts that execute automatically when certain conditions are met could largely eliminate the manual reconciliation work that slows inter-institutional settlement.
https://coinness.com/en/news/1170247

[CryptoQuant warns BTC rally shows signs of fatigue, raising odds of a short-term pullback]

Bitcoin remains in a bull market, but a short-term correction may be nearing as short-term traders’ unrealized profit margins have climbed to their highest level in 21 months, according to a CryptoQuant assessment cited by The Block.

CryptoQuant head of research Julio Moreno said in a report that short-term traders’ on-chain unrealized profit margins recently rose to 33%, the highest since December 2024. Historically, margins at that level have encouraged profit-taking, Moreno said. On Sept. 22, Bitcoin holders realized profits on 25,700 BTC, the largest daily amount so far in 2026, he added.

Moreno also said Bitcoin demand is slowing in both spot and futures markets, and the uptrend may be difficult to sustain without fresh demand. While the bull market remains intact, signs of fatigue are emerging, he said, pointing to elevated profit margins, the largest profit-taking of 2026, explosive inflows into altcoins, and cooling demand as signals of a possible short-term correction.

If Bitcoin enters a pullback, Moreno said the 365-day moving average near $80K would serve as the first support level. Additional support could come from the 200-day moving average near $71K and the on-chain traders’ realized price near $67K. As long as those support levels hold, such a correction would be a healthy pullback within an early-stage bull market, Moreno added.
https://coinness.com/en/news/1170248

[US stocks close lower]

The three major U.S. stock indices closed lower today.
- S&P 500: -0.16%
- Nasdaq: -0.09%
- Dow Jones: -0.25%
https://coinness.com/en/news/1170249

[Bastion CEO says global companies want to own, not lease, payment systems]

Bastion CEO Nassim Eddequiouaq said the world’s largest companies want to own their own payment rails rather than hand them over to Visa or Mastercard, according to an interview with CoinDesk. Eddequiouaq said those companies want to become their own banks and build their own payment systems.
https://coinness.com/en/news/1170250

[Balancer holders approve shutdown plan, reject official fork proposal]

Token holders of Balancer’s DeFi protocol approved a plan to wind down operations while rejecting a proposal to launch an official fork, The Defiant reported.

With the shutdown plan approved, liquidity pools will switch to withdrawal-only mode on Oct. 30. BAL holders will be able to exchange their tokens with the protocol treasury through late May 2027.
https://coinness.com/en/news/1170251

[Illinois releases draft 0.2% crypto transaction tax, seeks feedback]

Illinois has released a draft of the Digital Asset Privilege Tax Act, which would impose a 0.2% tax on cryptocurrency transactions, and said it will gather public feedback through Oct. 30, according to the source.

Last month, the crypto industry filed a lawsuit against Illinois seeking to block the implementation of the 0.2% crypto transaction tax.
https://coinness.com/en/news/1170252

[Volmex Finance launches BTC implied volatility perpetual futures on Hyperliquid]

Volmex Finance has launched perpetual futures on Hyperliquid based on the Bitcoin Volmex Implied Volatility Index, or BVIV. The index tracks the expected 30-day implied volatility reflected in the Bitcoin options market, and the BVIV perpetual futures listed on Hyperliquid support leverage of up to 5x.
https://coinness.com/en/news/1170253

[Bitwise says 15 institutions held BTC through 52% drop, with many buying more]

Major institutional investors did not sell even as Bitcoin fell from $125,000 to $60,000, and many increased their holdings instead, Bitwise research analyst Ryan Rasmussen said in an institutional crypto adoption report.

Among 15 major institutions interviewed, none sold during Bitcoin’s price decline, while a significant number added to holdings, Rasmussen said. He added that these institutions tend to view Bitcoin not as an asset for betting on short-term price swings, but as a hedge against fiat currency debasement alongside gold. Some sovereign wealth funds are also reducing gold allocations and shifting those funds into Bitcoin, he said. The survey included pension funds, university endowments, foundations and sovereign wealth funds.
https://coinness.com/en/news/1170254

[BlockTower founder claims $25M was lost at Coinbase, says 10+ firms were also hit]

Ari Paul, founder of crypto investment firm BlockTower Capital, said $25 million in company funds previously held at Coinbase disappeared, according to The Crypto Basic. In a post on X, Paul said Coinbase initially told the firm the funds had been “lost.” After conducting its own investigation, Paul said BlockTower came to suspect repeated large-scale hacks had occurred and that Coinbase may have concealed related facts. Paul also claimed he identified at least 10 similar cases involving other firms, with total losses exceeding $1 billion.
https://coinness.com/en/news/1170255

[Trump weighs Jay Clayton for next AI czar, Axios reports]

President Donald Trump is considering Jay Clayton as a candidate for the next AI czar, Axios reported. Clayton is currently serving as U.S. Director of National Intelligence.

Clayton previously served as chairman of the U.S. SEC. On the final day of Clayton’s tenure in December 2020, the SEC sued Ripple and its executives, alleging XRP sales amounted to an unregistered securities offering.
https://coinness.com/en/news/1170256