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Bitcoin (BTC) temporarily relinquished the $109,000 level. BTC is trading at $108,646.83 on the Binance Tether (USDT) market at 05:40 on the 2nd, down 0.35% from the previous day.
According to crypto-focused media Cointelegraph on the 1st (local time), RAK Properties, a real estate company listed in Ras Al Khaimah, United Arab Emirates (UAE), said it will officially support virtual asset (cryptocurrency) payments such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). Hubpay will participate in payment processing, and the virtual assets paid by customers will be converted into UAE fiat currency before being deposited into RAK Properties. The introduction of this payment support is seen as part of a move to expand the use of digital assets in the UAE real estate market. RAK Properties said it plans to increase accessibility for global investors and enhance ease of transactions through the introduction of virtual asset payments.
U.S. Treasury Secretary Scott Bessent said President Donald Trump may declare a nationwide housing emergency within months. On the 1st (local time), according to Watcherguru, Secretary Bessent said recent sharp rises in U.S. housing prices and supply shortages have intensified housing insecurity for ordinary citizens, and that declaring a state of emergency is being discussed as a response. He said, "The housing crisis is not simply a market issue but a serious matter directly tied to people's lives," and added, "President Trump is considering strong federal-level intervention." If a state of emergency is actually declared, a wide range of measures such as additional budget allocations and regulatory relaxation could be implemented. Earlier, the Trump administration had been preparing measures such as easing financial regulations and expanding housing for low-income households to respond to instability in the housing market.
U.S. President Donald Trump strongly criticized India over delays in tariff negotiations. On the 1st (local time), President Trump posted on his social media platform 'Truth Social', "India now offers to remove tariffs, but it's too late," and "that action should have been taken years ago," he said. He pointed to the trade imbalance between the two countries, saying, "The business the U.S. does with India is very small, but what India does with the U.S. is enormous," and "India sells vast amounts of goods to its largest customer, the United States, but the U.S. sells only a very small amount," he said. President Trump also criticized, "For decades, India has imposed excessive tariffs on American companies, and it has been a completely one-sided disaster," and "India buys most of its crude oil and military equipment from Russia, and buys very little from the United States."
On the 1st (local time), crypto asset (cryptocurrency) specialist media The Block reported that global crypto exchange Bitru will list the World Liberty Financial (WLFI) token, a project backed by the Trump family, as of September 1. WLFI will initially begin trading on the Tether (USDT) market, and will subsequently be added to the USD1 market. Bitru will hold various community-centered events to commemorate the WLFI listing, such as trade events, price prediction campaigns, and launchpools. Bitru said, "WLFI provides transparent and secure financial solutions," and expressed its intention to provide long-term support.
Bitcoin (BTC) briefly recovered to the $109,000 level. As of 01:19 on the 2nd, BTC is trading at $109,036 on the Binance Tether (USDT) market, up 0.36% from the previous day.
Jacob King, CEO of WhaleWire, said on the 1st (local time) on X (formerly Twitter), "On-chain data shows insiders are already selling millions of dollars' worth of World Liberty Financial (WLFI) tokens," claiming, "This is a typical pump-and-dump scam."
Jean Tirole, winner of the Nobel Prize in Economics, warned in an interview with the Financial Times (FT) on the 1st (local time) that if confidence in stablecoins is shaken, large-scale redemptions could occur and the government might undertake massive bailouts. Tirole pointed out, "Individual investors perceive stablecoins as safe deposits," and "If losses occur, the government will face political pressure to intervene in the market." He cited the composition of reserves as the biggest risk. Tirole explained, "US Treasuries remain popular, but considering inflation, real yields can fall into negative territory," and "Because of this, issuers may turn to risky assets in search of higher returns." He added, "Market supervision can mitigate some risks, but current regulation is insufficient due to political and fiscal interests surrounding virtual assets (cryptocurrencies)."
Bitcoin (BTC) briefly relinquished the $108,000 level. BTC is trading at $107,959.99 on the Binance Tether (USDT) market as of 05:08 on the 30th, down 3.50% from the previous day.
The three major U.S. stock indices closed lower. The Nasdaq Composite fell 1.15% from the previous day on the 30th to 21,455.55 points. The Dow Jones fell 0.20% to 45,544.88 points, and the S&P 500 fell 0.61% to 6,462.32 points.
On the 29th (local time), Bloomberg ETF analyst James Seyffart said that updated filings related to multiple Solana (SOL) exchange-traded funds (ETFs) are being submitted to the U.S. Securities and Exchange Commission (SEC). So far, Keoneri/Marinade, Franklin, and VanEck have submitted filings, and the remaining issuers are expected to submit within a few hours. He added, "This filing suggests that positive exchanges of views are taking place between the issuers and the SEC."
According to crypto-focused media The Block on the 29th (local time), DeFi Development (DeFi Development Corp.), which manages Solana (SOL) as a strategic asset, has entered the UK market through its subsidiary DeFi Development UK. DeFi Development UK was established by acquiring London Stock Exchange-listed Cykel AI (CYK.L). DeFi Development said, "It is the first step to expand the Solana-centered financial strategy to global markets."
On the 29th (local time), according to DL News, a crypto asset (cryptocurrency) specialist media, Paul Prody, head of blockchain at consulting giant Ernst & Young (EY), pointed out that Ethereum (ETH) must address privacy issues as banks enter the crypto asset market. Prody said, "Without privacy features, it is easy to trace back who bought what, from whom, and how much," emphasizing, "This is very sensitive information." He added, "In the future, all transactions and operations will take place on Ethereum."
On the 29th (local time), according to crypto media The Block, the monthly trading volume of the decentralized perpetual futures platform Hyperliquid (HYPE) has reached 13.6% of Binance, expanding its market share. At the beginning of this year this ratio was only about 8%, but it is analyzed that Hyperliquid's influence in perpetual futures trading has been steadily growing over the past few months.
On the 29th (local time), according to SolidIntel, asset manager Canary (CANARY) updated the registration statement (S-1) for a Solana (SOL) spot exchange-traded fund (ETF) that it filed with the U.S. Securities and Exchange Commission (SEC). The updated details and specific provisions have not yet been disclosed, and the industry is watching the pace of the SEC's review and how this amendment might affect the final approval process.
On the 29th (local time), according to James Seyffart, a Bloomberg ETF analyst, asset manager Amplify(Amplify) has filed with the U.S. Securities and Exchange Commission(SEC) for an XRP(XRP) options income exchange-traded fund(ETF). The ETF would use XRP(XRP) as the underlying asset and employ options strategies such as covered calls to pursue both returns from holding XRP and option premium income simultaneously.
On the 29th (local time), according to crypto asset (cryptocurrency) specialist media The Block, investors in Strategy (formerly MicroStrategy) withdrew the class-action lawsuit they had filed against the company. Previously, investors had filed a lawsuit alleging that Strategy made false or misleading statements regarding its Bitcoin (BTC) investment strategy. However, with the voluntary withdrawal of the lawsuit this time, the legal dispute has been settled. Bitcoin was trading at 100,380 dollars at 02:43 on the 30th on the Binance Tether (USDT) market, down 3.75% from the previous day.
On the 29th (local time), Julio Moreno, CryptoQuant research head, said on his X (formerly Twitter), "From a short-term valuation perspective, if Bitcoin (BTC) does not quickly reclaim $112,000, the downside support will form around $100,000." Moreno noted the recent short-term corrective trend in Bitcoin and emphasized that whether key price levels are reclaimed is a key variable that will determine future direction. As of 02:43 on the 30th, Bitcoin was trading at $100,380 on the Binance Tether (USDT) market, down 3.75% from the previous day.
On the 29th (local time), according to crypto asset (cryptocurrency) media Cointelegraph, the Ethereum (ETH) Foundation's Ecosystem Support Program (ESP) has temporarily suspended open grant application submissions. This is a measure to transition to a more strategic funding model. ESP has supported the expansion of the Ethereum ecosystem by providing approximately 3 million dollars to a total of 105 projects during 2024. The Foundation plans to unveil a new funding model in the fourth quarter of this year. The industry views this move not as a simple suspension of grant disbursements but as a strategic turning point to strengthen long-term Ethereum ecosystem growth. Based on the Binance Tether (USDT) market at 02:35 on the 30th, Ethereum was trading at 4345.18 dollars, down 3.09% from the previous day.
On the 29th (local time), according to virtual asset (cryptocurrency) media CryptoBasic, Tokyo Stock Exchange-listed game company Gumi plans to purchase about 2.5 billion yen (about 23.7 billion won) worth of XRP (XRP). Gumi plans to carry out staggered purchases over about five months from September until February 2026. This is the second large-scale virtual asset investment following its earlier purchase of about 1 billion yen worth of Bitcoin (BTC) in the first half of this year. Industry observers say Gumi's consecutive virtual asset purchases reflect a move by Japanese companies to expand their virtual asset investments.
On the 29th (local time), Changpeng Zhao, co-founder of Binance, the world's largest virtual asset (cryptocurrency) exchange, left advice for investors via his official X (formerly Twitter). Changpeng Zhao emphasized, "What must be avoided in the virtual asset market is selling at the bottom," saying that one should not be swayed by the market's short-term volatility.
The three major U.S. stock indexes are showing declines. The Nasdaq Composite was trading at 21,420.67 points at 00:00 on the 30th, down 1.31% from the previous day. The Dow Jones Industrial Average was down 0.46% at 45,426.97 points, and the S&P 500 index was down 0.80% at 6,449.96 points.
According to crypto asset (cryptocurrency) specialized media U.Today on the 28th (local time), asset manager VanEck said in a report that more companies than expected are rapidly accumulating Bitcoin (BTC). According to the report, the amount of BTC companies have accumulated this year is 638,617 so far, which is more than five times last year's total accumulation of 120,290. VanEck forecasts corporate accumulation will reach 1,000,000 BTC by year-end, and analyzed that this suggests companies' influence on the BTC market is becoming greater than miners'. The report also expected that the amount of BTC expected to be mined until the next halving is about 330,000, and that mining the next 330,000 would take nearly a century.
The three major U.S. stock indexes closed higher. The Nasdaq Composite closed at 21,705.16 points on the 29th, up 0.53% from the previous day. The Dow Jones Industrial Average finished at 45,636.90 points, up 0.16%, and the S&P 500 closed at 6,502.45 points, up 0.33%.
Bitcoin (BTC) temporarily relinquished the $112,000 level. BTC is trading at $111,933.01, down 0.12% from the previous day, on the Binance Tether (USDT) market as of 04:57 on the 29th.
On the 28th (local time), economic news channel Walter Bloomberg reported that decentralized prediction platform Kalshi is expanding to the Solana (SOL) chain.
On the 28th (local time), breaking economic news channel Walter Bloomberg reported that the market capitalization of stablecoins surpassed US$280 billion, marking a record high.
On the 28th (local time), according to Cointelegraph, a media outlet specializing in virtual assets (cryptocurrencies), crypto asset manager Bitwise said that Bitcoin (BTC) is expected to reach $1.3 million by 2035. Bitwise forecast an annual average return of 28.3%. It also presented scenario-based projections, analyzing that in a bull market Bitcoin could reach up to $2.97 million by 2035, while in a bear market it could fall to $88,005. Bitcoin is trading at $112,528.16, up 0.52% from the previous day on the Binance Tether (USDT) market as of 04:12 on the 29th.
On the 28th (local time), according to Crypto Briefing, a crypto asset (cryptocurrency) specialist media outlet, the U.S. Securities and Exchange Commission (SEC) extended the review deadline for staking services related to the Ethereum (ETH) spot exchange-traded fund (ETF) applied for by Grayscale. The SEC reportedly said that additional review was necessary. As a result of this decision, the final approval decision will be delayed beyond the original expectation.
On the 28th (local time), according to Eleanor Terrett, host of Crypto in America, the U.S. Commodity Futures Trading Commission (CFTC) is expected to soon issue guidance clarifying registration rules for foreign virtual asset (cryptocurrency) exchanges. The guidance is reported to include ways that exchanges outside the United States can legally offer trading services to U.S. investors. The industry expects this measure to reduce uncertainty for foreign exchanges and contribute to investor protection and regulatory consistency within the United States.