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Large-cap cryptocurrencies fell broadly over the past 24 hours as Iran strikes drove a risk-off move. Solana, ether and XRP led losses, while high-beta majors declined roughly three times as much as bitcoin.
Bitcoin ETFs posted a $217 million rebound led by BlackRock, while Ether ETFs reached 11 consecutive inflow sessions. XRP and Solana funds each recorded a 10th straight positive session, Cointelegraph reported.
Bitcoin held above $78,000 and stayed flat on the week after August’s 24% gain. Ether, Solana, Tron and Dogecoin fell over 24 hours, while Hyperliquid’s HYPE token rose about 4% amid hawkish Fed expectations.
Kalshi permanently banned former congressman George Santos after finding he traded heavily on his own State of the Union attendance, made false statements to move prices and earned nearly $18,000, according to Decrypt.
Bitmine now controls 4.9% of Ethereum’s supply after adding 53,500 ETH, Cointelegraph reported. The purchase marks 65 consecutive weeks of accumulation despite a prolonged crypto downturn and $5.1 billion in paper losses.
Bitmine reportedly made its largest ether purchase since June. Chairman Tom Lee said crypto’s strong third-quarter performance could attract more institutional investors, according to CoinDesk.
Robinhood Chain recorded $2.66 million in revenue and 5.52 million transactions on Aug. 30, surpassing Ethereum’s daily revenue as memecoin tools drove most activity and users launched 22,600 tokens.
Sberbank plans to add Ether and USDT to the assets accepted as collateral for crypto-backed loans, CoinDesk reports. The plan follows the Bank of Russia’s draft inclusion of both tokens for public trading on Russian exchanges.
Ethereum’s staking activation backlog has reached 35.75 days, with CryptoSlate estimating that deposits awaiting entry are missing more than $350,000 in rewards daily under the network’s 256 ETH-per-epoch activation limit.
Bitcoin held just below $78,000 as August ended, while CoinDesk said dollar strength was capping crypto gains and pushing the yen past its intervention line. Ether was highlighted for forming a bullish golden cross.
