Bitcoin holds near $78K as markets confront the macro shocks they may have underpriced this week

Bitcoin needs the outcomes of the next macro events to be no worse than the assumptions already priced into rates, oil, and policy-probability markets.  Related Asset Bitcoin #1 BTC · $77,965.88 24-hour change: down 1.06% 24H Down 1.06% 7D Up 0.17% 30D Up 21.28%  Brent crude has moved above $100, the US 10-year Treasury yield was 4.80% on Sept. 8, and futures traders recently leaned toward another Federal Reserve rate hike. Yet Bitcoin remains above Glassnodes $76,600 True Market Mean and just below a dense set of cost-basis and liquidation levels.  The decisive test is what inflation, the Fed, the Bank of Japan, or the Strait of Hormuz would have to deliver to change the markets information set enough to push Bitcoin into a different regime.  Infographic maps Bitcoin thresholds from $86,000 to $62,000–$65,000 against priced-in macro conditions and potential CPI, Fed, oil and geopolitical surprises.Bitcoin is already inside the decision zone  Glassnodes Sept. 9 report identifies $83,000 to $86,000 as the overhead band where long-term-holder cost basis, modeled short-liquidation exposure and US spot exchange-traded fund break-even levels converge.  Over 1 million BTC was acquired in that range, and Glassnode also said the modeled short-liquidation shelf from $82,000 to $86,000 grew 21% after Aug. 19, while

09-10Industry

Arya.ag puts Indias $2B grain network onchain

Arya.ag has begun putting records connected to approximately $2 billion in stored crops on an Avalanche-based blockchain for agricultural lenders in India.  SummaryArya.ag has deployed an Avalanche-based ledger covering grain deposits, receipts and agricultural loan status records.The company holds around $2 billion in crops across its Indian warehouse network at present.Three major banks are joining Arya.ags dedicated blockchain, though their identities remain undisclosed for now.Arya.ag facilitates roughly $1.3 billion in annual loans and directly issues around $230 million itself.Tokenized records do not transfer grain ownership or guarantee faster approvals and cheaper credit access.  Reports on Sept. 10 said the system records grain deposits, electronic warehouse receipts and loan status, enabling authorized lenders to verify crops offered as collateral. Infosys co-founder Nandan Nilekani announced the project at the Global Fintech Festival in Mumbai.  ???????? INDIA is taking blockchain beyond crypto.  Arya(.)ag, one of Indias largest agricultural warehousing companies, is using Avalanche technology to put grain deposits, warehouse receipts and loan status onchain.  The scale is notable: around $2B worth of crops are held across… pic.twitter.com/UuFrU47MJB  — Wise Advice (@wiseadvicesumit) September 10, 2026  The $2 billion figure covers the estimated value of crops held across Arya.ags warehouse network. It does not represent the value of loans already recorded on

09-10Industry

Indias Arya.ag to put grain ownership records on Avalanche

Indian agricultural warehousing and lending company Arya.ag is testing a system to tokenize warehouse receipts for stored grain on a dedicated Avalanche layer-1 blockchain.  Arya.ag is working with Finternet to connect grain deposits, warehouse receipts, collateral commitments and loan status through the network.  Devika Mittal, Ava Labs head of India, told Cointelegraph that testing was underway and said each tokenized receipt would represent ownership of the stored commodity. The companies did not disclose an expected launch date or how much grain or lending the initial deployment would cover.  Sanmesh Kalyanpur, a director at Finternet Labs, said Arya.ag‘s samplers collect information about stored grain and enter it into the company’s portal. Finternet will combine farmer, commodity, warehouse and insurance information into what Kalyanpur called a “composite token” that banks can use when assessing collateral risk.  Arya.ag stores about $2 billion in agricultural commodities across its warehouse network and supports approximately 120 billion Indian rupees (about $1.26 billion) in loans annually, according to the announcement. Its lending arm, Arya Dhan, issues about $230 million in loans each year.  The figures describe Arya.ags existing business and do not represent assets or loans already brought onchain.  Related: Pineapple Financial puts $1B in mortgage records on Injective  Finternet concept traces back to

09-10Industry

Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view

Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows.  Key points:Bitcoins sell-side risk ratio fell to seven from 16 in September, placing it among its lowest-ever readings.Selling pressure eased while Bitcoin held most of its 25% August gains.Bitcoin ETF investors have spent 229 sessions below their aggregate breakeven level near $86,000.  Bitcoin hodlers are “selling less” in September, Glassnode says  In the latest edition of Glassnodes The Week Onchain newsletter, the crypto analytics platform said Bitcoins sell-side risk ratio (SSRR) had reset lower.  Sell-side risk sums total onchain realized profits and losses and divides that figure by Bitcoins realized market cap. The result is a snapshot of the US dollar value realized over a given period relative to realized cap.  Glassnode describes lower values as signals of “macro market bottoms, accumulation phases and relatively low sell-side risk environments.”  SSRR reached 16 as Bitcoins price hit multimonth highs above $80,000 in late August. As of this week, however, the metric has more than halved to 7, one of the lowest readings on record.  Bitcoin SSRR data. Source: Glassnode  Glassnode said the August Bitcoin price rebound had “drawn little supply,” as measured by onchain activity.  “At the July 2025 and October 2025 highs the same

09-10Industry

Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills

Paolo Ardoino offered a striking answer to a familiar U.S. debt problem: replace concentrated foreign buyers with hundreds of millions of stablecoin users.  Related Asset Tether USDT · Stablecoin  In an Aug. 31 episode of The Wolf of All Streets, the Tether CEO said the company had created “the decentralized ownership of the US debt” through 650 million people who were “basically holding some US Treasuries.” His point was about concentration risk. Unlike a foreign government, hundreds of millions of users are unlikely to decide together to sell U.S. debt in a single morning.  The macroeconomic intuition has force. Demand for USDT gives Tether funds that it can place in a Treasury-heavy reserve portfolio. But calling token users owners of government debt collapses several different relationships into one. Tethers own documents say users own USDT, eligible verified customers have a personal contractual right to redeem, and Tether International owns and manages the reserve assets.  Related Person Paolo Ardoino CEO · Tether Limited  The 650 million figure is also attributable to Tether, not an independently established count of Treasury investors. In an Aug. 13 audit announcement, the company said more than 650 million users across emerging markets rely on Tether daily, without publishing a methodology for

09-10Industry

XRP Ledger Targets 2028 Quantum Readiness, Outpaces Ethereum

XRP Ledger (XRPL) developers have joined the global technology race, officially aiming to make the ledger fully quantum-resistant by 2028. According to Vet, an XRPL Foundation contributor and validator on the decentralized Unique Node List (dUNL), major progress and the launch of a hybrid deployment of new security protocols are expected as early as 2027.  The announced timeline puts XRP Ledger ahead in the industry-wide race: the network plans to complete the transition one year earlier than its key competitor, Ethereum, whose equivalent roadmap extends through 2029.  Experts point to three key architectural features as XRPLs main technological advantage in this migration:Native key rotation:XRPLs architecture will allow cryptographic keys to be updated while fully preserving existing r-addresses. This eliminates the risk of panic and confusion among custodians. On most other blockchains, the transition to post-quantum standards will require users to manually transfer their assets to new wallets.The “Quantum-Day” emergency response protocol: In the event of an unexpected technological breakthrough by quantum computer developers, XRP Ledger and RippleX developers have introduced a contingency plan. It will allow vulnerable accounts to be instantly isolated and moved into a secure mode without shutting down the ledger itself.Active cryptography testing: Developers have already begun practical testing

09-10Industry

Bitcoin News Today: Mining Faces AI Competition

Bitcoin news Today: Hash price for Bitcoin mining fell to approximately $29 to $30 per petahash per second per day in early Q1 2026, down from roughly $36 to $38 in Q4 2025, according to CoinShares Q1 2026 Bitcoin Mining Report. The report says listed miners could derive as much as 70% of revenue from artificial intelligence infrastructure by the end of 2026, up from roughly 30% today. It also puts the weighted-average cash cost of producing one bitcoin among publicly listed miners at approximately $79,995 in Q4 2025.  Bitcoin hashrate Coinshares  The pressure on mining is increasingly a question of competing uses for scarce electricity, rack space, and capital. CoinShares says AI infrastructure offers higher and more stable returns while hash prices remain near cyclical lows.  This gives miners with scalable energy access and existing data-center capabilities an economic reason to redirect resources toward high-performance computing.  That does not necessarily describe a broad retreat from US mining infrastructure. CoinShares says the US share of global hash rate rose by roughly two percentage points quarter over quarter.  Its analysis instead points to a changing mix of activity: some listed miners are expanding AI capacity while mining remains an important, though increasingly pressured, part of their

09-10Industry

Upbit lists BFC in KRW and USDT markets

Upbit opened Bifrost trading against the South Korean won and USDT on Sept. 10, giving BFC two additional markets on South Koreas largest cryptocurrency exchange by trading volume.  Upbit scheduled BFC/KRW and BFC/USDT trading to begin at 13:45 Korea Standard Time, or 04:45 UTC, on Sept. 10. The exchange published the listing notice shortly before the planned opening.  The announcement specified Bifrost Network as the only supported blockchain for BFC deposits and withdrawals. Users must not send alternative versions of the token through other networks, even if another exchange or wallet supports them. Upbit warned that deposits sent through an unsupported network would not be credited automatically. Recovering those assets could require a lengthy return process and may depend on whether the transaction can be identified and technically recovered.  The exchange also said trading could be postponed if deposits and withdrawals failed to establish enough liquidity before the scheduled opening. Upbit did not announce a delay for BFC in the information available at publication. The new markets expand BFC beyond Upbits existing Bitcoin-denominated market. Before the listing, the exchange displayed a previous BTC-market closing value of 0.00000015 BTC. Upbit estimated that amount at 15.96 won and 0.1788 USDT.  Those figures were reference prices used

09-10Industry

Osmosis freezes 22.65 BTC after Nomic forwarding bug compromises Bitcoin reserves

Osmosis has frozen 22.65 BTC after a flaw in Nomics custom forwarding system allowed a double-spend that left the allBTC asset partly unbacked by Bitcoin.  Related Asset Bitcoin #1 BTC · $78,042.57 24-hour change: down 1.65% 24H Down 1.65% 7D Up 0.40% 30D Up 21.71%  allBTC is issued against a basket of Bitcoin variants held on Osmosis, including nBTC from the Nomic bridge. The official allBTC dashboard showed 110.57 allBTC in circulation and 39.84 nBTC in the basket at the reporting cutoff.  Infographic traces allBTCs recovery path from Nomic forwarding failures through paused activity and governance decisions over frozen Bitcoin and reserve backing.  Osmosis said the nBTC was created from false vouchers, putting 36.03% of allBTCs backing in question and leaving about 70.73 BTC-equivalent of other backing.  Related Asset Osmosis OSMO · $0.03 24-hour change: down 7.13%  The statement also noted that neither its chain nor the Inter-Blockchain Communication protocol was compromised, and the bug was in Nomics forwarding logic.  SlowMists incident database also described the event as a Nomic bridge double-spend.  The public disclosure came more than two months after the apparent exploit activity. On-chain researcher Rarma traced the principal minting to June 25 and said 22.65060846 allBTC created during July 17 activity remained unmoved when the

09-10Industry

Binance Delisting: $100 Million FDV USD Stablecoin Removed

Following its most recent periodic review, Binance is getting ready to remove Pax Dollar (USDP) from its platform because the stablecoin did not meet the exchanges requirements. All USDP spot trading pairs will stop trading on September 24, 2026, at 03:00 UTC, according to Binance.  Spot orders are being cancelled  Spot orders that are already in place will be automatically canceled after trading stops. The decision is noteworthy because USDP, a dollar-pegged stablecoin issued by Paxos, has traditionally functioned as one of the stablecoin industrys regulated alternatives.  Souce: CoinMarketCap  Binance did not pinpoint a single infraction that led to the ruling. Rather, the exchange restated the factors it considers when reviewing listings, such as trading volume and liquidity, development activity, network security, legal requirements, transparency of projects, tokenomics, and community sentiment.  The removal will go far beyond trading on the spot market. On September 11, at 06:00 UTC, Binance Margin is set to delist USDP; however, Binance Buy and Sell Crypto will cease to support the asset a few hours earlier. The remaining positions will be automatically redeemed and moved to users Spot Accounts after Simple Earn support expires on September 17.  Withdrawals and deposits are the most crucial deadlines. Standard withdrawals are still accessible until

09-10Industry
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