Crypto Market Continues 5-Day Rally
According to Darkex data, optimism in the market increased after the US inflation and unemployment data. BTC rose 2.0% to cross the $116,000 level, ETH rose 3.5% to test $4,550. The RWA sector gained 4.41% (ONDO +9.78%, KTA +10.72%). Meme coins rose by 3.46% (DOGE +5.7%), the L2 sector by 1.96% (MNT +5.21%) and the L1 sector by 1.74% (SOL +3.53%).
Featured Messages from ECB President Lagarde
In her speech, Lagarde emphasized that the risks to the European economy are now more balanced. She stated that high tariffs, strong euro and competitive pressures have limited growth this year, but these headwinds will ease next year. Lagarde said that new trade agreements have reduced uncertainty, adding that the inflation outlook is more uncertain than usual. His words “The disinflation process is over, inflation is where we want it to be” attracted attention in the market.
Trade Agreements Message from US Trade Secretary Lutnick
US Secretary of Commerce Lutnick said that an agreement will be reached with India and a possible agreement will be reached with Switzerland. He said that it will be clear in time whether the agreement signed with South Korea will be implemented or not. Lutnick also announced that tariffs generate $40 billion in monthly revenues. These statements brought the economic effects of the Trump administration’s trade policies to the forefront.
US Jobless Claims 263K, Fed Cut Expectations Strengthened
Unemployment claims in the US increased by 27K to 263K. This figure was above expectations and previous data. A 25 basis point rate cut by the Fed next week is seen as a certainty by the markets.
US Inflation Data: CPI 2.9%, Core 3.1%
In August, headline CPI came in at 2.9% yoy and 0.4% mom, while core CPI came in at 3.1%. Although inflation came in above expectations, Fed’s rate cut expectations remained unchanged due to the weak labor market. Experts emphasize that Trump’s tariffs may increase price pressures in the coming period.
Sleeping Bitcoin Whale Transfers 232 BTC
Onchain Lens reports that a wallet that was dormant for 13.1 years has been reactivated. The address moved 232.16 BTC (≈$26.56M) to a new address. At first purchase, these BTCs cost only $2,812.
Incineration-Focused Offer from the WLFI Team
The WLFI team presented a new proposal to take 100% of treasury liquidity fees off the market and burn them permanently. The proposal does not include shared liquidity or third-party fees. Transactions would be carried out manually on-chain and the aim is to reward long-term investors by reducing the supply in circulation. This step could trigger a deflationary mechanism and support the token economy.
Tokenization Move by BlackRock
According to Bloomberg, BlackRock is exploring tokenization of traditional assets, including ETFs, on blockchain. The company aims to provide 24/7 ease of transactions and global reach. BlackRock’s previously launched BUIDL fund reached $2 billion in assets.
UNI Transfers: 5.35M Tokens Transferred to Institutions
According to Ember data, a total of 5.355 million UNI (≈$52.9M) were transferred to the Anchorage platform. 200 thousand of these tokens (≈$1.97M) were sent to CEX. UNIs acquired in 2023 at an average price of $4.95 generated approximately $27.5 million in profit.
Galaxy Digital Stands Out with Giant Solana Acquisitions
According to Lookonchain, Galaxy Digital bought 706,790 SOL (≈$160M) in its latest purchase. This brings the total amount the company has bought in the last 24 hours to 2.16M SOL (≈$486M). SolanaFloor also confirmed the withdrawal of another 1.35M SOL (≈$302M) from Binance in the last 12 hours.
FTX/Alameda Resolves 192K SOL
FTX/Alameda resolved 192K SOL (≈$43.56M) from staking and transferred it to major exchanges. In total, 8.98M SOL (≈$1.2B) have been resolved since November 2023. 4.18M SOL (≈$960M) is currently staked.
Mogujie to Allocate $20M in Digital Assets
Social e-commerce platform MOGU Inc. announced a strategic allocation of up to $20M in digital assets, including BTC, ETH and SOL. The company is building a blockchain-powered ecosystem for AI products. Digital assets will be used for both treasury management and user access.
DTCC Lists Three New Crypto ETFs
The US DTCC announced the listing of the Fidelity Solana ETF (FSOL), Canary HBAR ETF (HBR) and Canary XRP ETF (XRPC). This development paves the way for crypto assets to find a wider presence in institutional indices. The ETF expansion was particularly positive for the Solana and XRP ecosystems.
Gemini Raises $425M from IPO
Gemini Space Station sold 15.2M shares at $28 in its IPO, generating $425M in revenue. In the company’s last financial report, a loss of $283M was announced. Nasdaq invested $50M, with 10% for users and employees.
Safety Shot Raises 2.5% of BONK Offering
Safety Shot (NASDAQ: SHOT) has acquired 228.9 billion BONK tokens through BONK Holdings. The value of this purchase is approximately $55M. The company now owns 2.5% of the circulating BONK supply.
Alleged Insider Trading in MYX Airdrop
Bubblemaps has revealed that the MYX airdrop worth $170M was routed to wallets linked to the team. Investigations revealed that the airdrop was transferred from 100 different wallets to a single source. This has raised suspicions of insider trading.
BTC Staking Begins on Starknet
Starknet announced that it will launch BTC staking on the mainnet on September 30th. Unstaking time will be reduced from 21 days to 7 days. This will provide users with a faster and more flexible experience.
US Macro Data to be Integrated into Sei Network
Sei announced that GDP and other data from the US Department of Commerce will be transferred to blockchain via the Chainlink standard. This integration aims to provide more reliable data flow to institutional markets. Previously, US data was also opened to BTC, ETH, SOL and other networks.
Binance Lists HOLOWorldAI, $7M Airdrop
Binance announced the listing of Holoworld AI (HOLO). There will be a HOLO token airdrop worth a total of $7M. The campaign will be valid from September 11-25, 2025.
Hyper Foundation USDH Voting Begins
Hyper Foundation has announced that the issuance rights vote for Hyperliquid’s stablecoin USDH will begin on September 14 at 18:00 UTC. The vote will be held entirely on-chain and will be calculated based on staked HYPE. If a quorum is reached, the winning addresses will be able to participate in the spot distribution gas auction.
Forward Industries Completes $1.65B Private Placement
Forward Industries (NASDAQ:FORD) announced the completion of its $1.65B PIPE financing round. Most of the proceeds will be used for Solana acquisitions and the development of crypto finance operations. The round was led by Galaxy Digital, Jump Crypto and Multicoin Capital.
SSV Labs CEO: Slashing Protocol Did Not Affect
CEO Alon Muroch made a statement after a 39 authenticator slashing incident on the SSV network that affected Ankr and some operators. “The protocol was not damaged, the problem was caused by an operator configuration error,” said Muroch. Affected validators shut down, investigation ongoing.
OpenEden and BitGo Join USDH Stablecoin Race
According to Cointelegraph, OpenEden and BitGo joined the competition for the issuance rights of Hyperliquid’s native stablecoin USDH. Thus, the number of competitors increased to 8. OpenEden commits to distribute all USDH reserve proceeds to Hyperliquid, while mint & redeem proceeds will be used for HYPE token buyback.
ScrollDAO will not receive new offers until it updates its governance model
Ethereum L2 network Scroll announced in a new statement that the current DAO structure will be redesigned. Approved proposals will continue to run as planned, but new proposals will not be processed. The aim of this step is to develop a more efficient and sustainable governance model. The announcement follows the mass resignation of the leadership team at ScrollDAO.
Upbit to List HOLOWorldAI
South Korean exchange Upbit announced that it will list HOLOWorldAI (HOLO) on KRW, BTC and USDT markets. This step could contribute to increasing liquidity for the token in Asia.
cbBTC Transaction from Virtuals Protocol
According to on-chain analysts, Virtuals Protocol exchanged 2,880 ETH (≈$12.67M) for 110.16 cbBTC. Previously, in June, they received ETH for 73.399 cbBTC. Their quarterly return of 58.3% surpassed BTC’s performance of 42.3% over the same period, and they made a profit of approximately $4.67M.
Zodia Custody Ends Partnership with SBI
Standard Chartered-backed digital asset custody company Zodia Custody has dissolved the SBI joint venture it established two years ago. The company terminated the project due to global resource limitations while continuing the licensing process with the Japan Financial Services Agency. SBI stated that this decision does not mean a step back from their Asian strategy, but rather to accelerate synergies within the digital ecosystem.
Ethereum PoS Exit Queue Reaches 2.65M ETH
According to Validatorqueue, the amount of ETH waiting in the exit queue has reached 2,655,939. The exit waiting time is about 46 days, while the ETH waiting in the entry queue has an activation time of about 12.5 days with 725,775.
Tether Mint 1 billion USDT
According to Whale Alert, Tether has printed 1 billion USDT (≈$999M) on Ethereum. This development is considered an important signal for market liquidity.
Strong Inflows in ETFs Continue
- Bitcoin spot ETFs saw inflows of $553M on September 11, the 4th consecutive day of positive flows. BlackRock IBIT received inflows of $366M, Fidelity FBTC $135M. Total Bitcoin ETF assets are $149.6B, 6.57% of Bitcoin market capitalization.
- Ethereum spot ETFs saw inflows of $113M on the same day, the 3rd day in a row positive. Fidelity FETH received inflows of $88.3M, Bitwise ETHW $19.6M. BlackRock ETHA saw outflows of $17.4M. ETH ETF total value of $28.5B, 5.35% of Ethereum market cap.
Radiant Capital Hacker Moves 5,933 ETH on Tornado Cash
According to Ember, the person who hacked Radiant Capital transferred 5,933 ETH (≈$26.7M) to Tornado Cash in the last hour. The hacker converted the $53M in assets he stole in 2023 into ETH. At today’s value, these assets totalled $104M.
Ethereum Fusaka Upgrade Could Come in November
Ethereum developers announced at ACDE #220 that the Fusaka mainnet upgrade could start in November. Testnet upgrades will take place on September 29 on Holesky, October 13 on Sepolia, and October 27 on Hoodi.
$200M ETH Transfer from FalconX to New Wallets
Lookonchain reported that 46,347 ETH (≈$204.4M) was sent to 3 newly opened wallets in the last 3 hours. In addition, Onchain Lens announced that 18,514 ETH (≈$82M) was transferred to a single wallet. These movements show the intensity of FalconX’s corporate transfers.
Avalanche TVL Doubled in 2 Quarters
Avalanche’s TVL has grown to $2.1 billion since April, according to The Defiant. The increase was fueled by institutional capital inflows, gaming ecosystem expansion and network upgrades. On-chain transaction volume exceeded 1.4 billion in the first half. Experts emphasize that sustainability depends on institutional demand.
