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Bitcoin (BTC) Officially Decouples From Gold
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Bitcoin (BTC) Officially Decouples From Gold

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Bitcoin’s price continues to trade between $107,000 and $113,000 at September’s start as volatility drops. Meanwhile, gold is trading near record highs, putting the correlation between the two assets into spotlight.

Maartunn, a community analyst at CryptoQuant, observed that Bitcoin has now decoupled from gold in a recent tweet.

According to Maartunn, for the first time in over six months (since February 2025), the correlation between BTC and gold has just turned negative. The analyst suggests that this shift might imply a divergence in the safe haven narrative.

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Bitcoin staged a rebound from a low of $107,250 on Sept. 1, rising for three days at a stretch to reach a high of $112,600 on Wednesday before retreating.

At the time of writing, Bitcoin was trading down 0.7% in the last 24 hours to $110,578. Spot gold traded slightly above $3,500 after surpassing that level previously for the first time.

Markets await next move

As the Bitcoin price consolidates, markets target their next move with clues on Fed’s interest rate positioning awaited from the upcoming September meeting scheduled for the 16th and 17th.

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In the latest economic data release, private payrolls rose by only 54,000 in August, below the expected 75,000 polled by Dow Jones economists, which marks a drop from an increase of 106,000 seen in the past month.

Jobless claims increased to 237,000, up 8,000 from the prior week and above estimates, offering further evidence of a labor market slowdown. Following this, investors will focus their attention on Friday’s big jobs report.

Labor market concerns have prompted traders to build on bets that the Federal Reserve might cut rates at its meeting later this month, with the odds now reaching 97.4%.



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Patrick Collison (Getty images)
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Fireblocks Unveils Payments Network as SWIFT for Stablecoins

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Crypto custody heavyweight Fireblocks has unveiled its own payments network to help participants move stablecoins around.

The Fireblocks Network for Payments is designed to combine on- and off-ramps, liquidity providers, banks and stablecoin issuers with higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.

The network’s participants already number more than 40 and include Circle (CRCL), developer of USDC, and stablecoin platform Bridge.

Fireblocks described the new network as a stablecoin equivalent to SWIFT, which enabled banks around the world to more easily send money across borders, in an announcement on Thursday.

The network combines for over $200 billion in stablecoin payments each month, Fireblocks said. The monthly total for all stablecoin payments reached $800 billion in June, according to research cited by Grayscale.

Stablecoins, crypto tokens which are pegged to the value of a traditional financial asset such as a fiat currency, have undergone a boom in 2025, climbing to a market cap of over $280 billion in August from around $200 billion at the start of the year.

The proliferation of the sector has seen its largest players develop their own payments platforms to supplement this growth further. Stripe acquired Bridge last year to serve as its stablecoin platform, while Circle unveiled its own payments network in April.

Both firms are also developing their own proprietary blockchains for stablecoins and tokenized assets.



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Bitcoin Miners Brace For 5% Difficulty Spike To Fresh Record

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Data shows the Bitcoin Difficulty is set to see a jump of around 5% in the coming network adjustment, making miners’ job tougher than ever before.

Bitcoin Difficulty Is Estimated To See A Notable Spike In Next Adjustment

According to data from CoinWarz, the Bitcoin Difficulty is heading toward its fifth consecutive increase. The Difficulty refers to a metric built into the BTC blockchain that controls how hard it is for miners to find the task of mining on the network.

The feature exists for one purpose: to limit how fast miners perform their duty. This may sound strange at first since miners being able to process transactions faster should be a positive from a BTC-as-a-mode-of-payment perspective, but the cryptocurrency’s creator Satoshi made the feature with another goal in consideration: inflation.

When miners add the next batch of transactions to the blockchain, they receive the block subsidy in return as compensation for their work. The block subsidy happens to be the only way to produce more of the asset. Thus, if miners are freely able to add blocks and receive this reward, they would flood the market with coins.

Supply-demand dynamics guide that this would tank the cryptocurrency’s value. Thus, to prevent inflation running out of hand, Satoshi programmed the Difficulty. Whenever miners become faster than the network intends (by raising their computing power), the Difficulty automatically goes up just enough to slow the validators down to the standard rate.

The target block time for the Bitcoin network is 10 minutes. As the data below shows, miners have been going through blocks at an average time faster than this recently.

The details related to the upcoming Difficulty adjustment | Source: CoinWarz

Bitcoin miners have been taking an average of 9.52 minutes per block recently, which is significantly faster than needed. As such, the blockchain is estimated to respond with a rather large Difficulty increase of about 5.1%.

The BTC network adjusts its Difficulty about every two weeks, with the next such event estimated to occur around 4:25 AM UTC, Friday. Once the increase goes through, the Difficulty will spike to a new all-time high (ATH) of around 136.29 terahashes.

Miners will face this pressure after already dealing with record-high Difficulty levels for the last few weeks.

How the BTC Difficulty has fluctuated over the last six months | Source: CoinWarz

As is visible in the above chart, the Bitcoin Difficulty has seen four-straight positive adjustments recently, with three of the raises resulting in fresh ATHs. Despite this, miners have only expanded their total computing power to a new record, as data from Blockchain.com shows.

Looks like the 7-day average value of the metric set a record just a few days ago | Source: Blockchain.com

It now remains to be seen whether miners will continue to expand even after the upcoming Difficulty spike or if they will roll back in the coming days.

BTC Price

Bitcoin recovered above $112,000 on Wednesday, but it appears the coin has seen a retrace since then as its price is now back at $110,700.

The trend in the BTC price over the last five days | Source: BTCUSDT on TradingView

Featured image from Dall-E, Blockchain.com, CoinWarz.com, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Kraken Acquires Breakout to Enable Leveraged Bitcoin Trading With Funded Accounts

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In brief

  • Kraken has bought proprietary trading platform Breakout.
  • It’s the latest acquisition by the crypto exchange.
  • San Francisco-based Kraken has said it is planning to go public.

U.S. crypto exchange Kraken has acquired proprietary trading platform Breakout, the company announced Thursday, as it continues its efforts to expand services ahead of a planned public offering. 

San Francisco, California-based Kraken said it bought Breakout for advanced traders. The platform allows eligible users to access up to $200,000 in notional capital and retain up to 90% of profits. Top traders are rewarded for making large trades. 

Kraken would not tell Decrypt the price of the transaction. 

“Breakout gives us a way to allocate capital based on proof of skill rather than access to capital itself,” Kraken co-CEO Arjun Sethi said in a statement. “In a world that is rapidly shifting from who you know to what you know, we want to build systems that reward demonstrated performance, not pedigree.”

Breakout offers traders 5 times leverage on BTC and ETH contracts. But traders have to pass an evaluation before receiving a notional capital allocation—and are subject to retests if they breach drawdown thresholds.

In a press release, Kraken said that it was “empowering” successful “traders to allocate at size into crypto markets,” and reaffirmed its aim to provide “innovative, performance-based products.” The company expects to integrate Breakout into its Kraken Pro platform. 

The debut comes as Kraken offers new products, including stocks and exchange-traded fund trading in certain U.S. states. In March, Kraken also announced it was buying futures trading platform NinjaTrader for $1.5 billion. 

The company intends to go public, a Kraken spokesperson confirmed to Decrypt earlier this year, possibly as early as early 2026, according to a Bloomberg report. The company would then become the second U.S.-based crypto exchange to trade publicly, following Coinbase, which listed on Nasdaq in April 2021. 



Kraken’s plans come amid a friendlier political and regulatory environment for digital assets ushered in by the administration of Donald Trump, who received massive donations from industry stalwarts during his 2024 run for president. 

In late March, the U.S. Securities and Exchange Commission dismissed enforcement actions against Kraken and two other crypto firms filing joint stipulations to drop the cases with prejudice, making the decisions final and not subject to refile. The regulator has also ended cases against Coinbase, Robinhood, Uniswap Labs, and OpenSea, among others. 

Sethi noted that the acquisition would enable Kraken to provide a service consistent with how “modern capital platforms should work.”

“By integrating Breakout into Kraken, we are building an infrastructure layer where traders can earn their way into size, deploy capital with minimal friction, and get paid on merit,” he said.

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Bitcoin could crash to $50k in 2026 after October top, analyst warns
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Bitcoin could crash to $50k in 2026 after October top, analyst warns

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Analyst Joao Wedson warns that an October “judgment day” could set Bitcoin up for a crash to $50,000 next year.

Summary

  • Bitcoin may be approaching a bear market that could send its price down to $50,000
  • A long-term chart suggests that Bitcoin is nearing its top, possibly at $140,000
  • Wall Street is likely to guide Bitcoin’s movements in the near future

Bitcoin (BTC) may be heading toward a “judgment day” in October 2025, according to a reading from a long-term pattern. On Wednesday, September 3, analyst Joao Wedson warned that the market is closing on its four-year cycle and approaching a bear market that could see it crash to $50,000.

Bitcoin fractal repetition cycle compared to its price | Source: X

While Wedson cautions against drawing a conclusion based on only that chart, which puts the market top one month ahead, he states that this may be possible. In this case, Bitcoin could dip to $100,000 before surging past $140,000 in weeks. After that, traders can expect a crash to $50,000 in the 2026 bear market.

Will Bitcoin crash to $50K in 2026?

Still, the real question is if the fractal remains reliable, Wedson asks, given the growing institutional demand and ETFs that are driving its price up. Still, there are potential headwinds that serve as a counter-narrative. Notably, macroeconomic pressures are still creating fears in the stock market.

Most of Wall Street is worried about the effects of tariffs on the stock market, while the Federal Reserve is concerned about their effects on inflation. Even Trump’s former ally, Elon Musk, as Wedson points out, warned that Trump’s tariffs would cause a recession in the second half of 2025, in a since-deleted post.

If stocks go into a bear market, Bitcoin will likely follow, especially due to the significant institutional exposure to the asset. If institutions start fleeing into safer investments, Bitcoin faces a significant liquidity crisis.



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Wlfi Blacklisted Justin Sun’s Wallet For Moving $9 Million
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WLFI Blacklisted Justin Sun’s Wallet For Moving $9 Million

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World Liberty Financial (WLFI), the crypto protocol linked to the Trump family, has taken the significant step of blacklisting a blockchain address belonging to its key investor, Tron founder Justin Sun. The action, executed on Thursday, effectively freezes 595 million unlocked WLFI tokens valued at approximately $107 million.

Blockchain records from Aarkham Intelligence, confirm that at 09:18 UTC, Sun’s wallet (0x5AB) pushed the $8.89 million transfer to 0xbdF…74B0. The recipient address was blacklisted soon after, triggering red flags.

In response to the development, Sun stated on X, that the transfers were not for selling purposes. He described the activity as “a few generic exchange deposit tests, with very low amounts, and then created address dispersion.” He insisted the transactions did not involve “any buying or selling” and “could not possibly have any impact on the market.”

The $9M transfer cost just $0.69 in gas, cheap for such high stakes. The funds originated from Sun’s Ethereum address and were routed through World Liberty Fi’s smart contract before landing at the destination now under restriction.

Sun’s Exposure Casts Shadow Over WLFI

The transfer adds to growing skepticism around WLFI, already under watch for its controversial backers and political ties. The token’s price has dropped over 21% in the past 24 hours.

This isn’t the first headline-grabbing move from Sun’s wallet. Over the past 72 hours, he’s shuffled assets across WLFI, USDT, and several others. His crypto portfolio, still sitting above $2.25 billion, is led by holdings in TRX, stETH, BTC, and AETHWETH.

The blacklisting of a wallet connected to one of crypto’s most recognizable figures is more than a blip. It spotlights the ongoing compliance vacuum in DeFi and the risks that come with massive, opaque token flows.

WLFI’s future now hinges on whether this was an isolated incident or the start of wider scrutiny. For investors and regulators alike, the real test may be what—and who—gets flagged next.

Also read: Figma’s 14% Drop Spotlights Bitcoin Holdings and Lockup Expiry



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Shiba Inu (SHIB): 3 Days Left
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Shiba Inu (SHIB): 3 Days Left

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  • SHIB’s market state
  • SHIB stays trapped

There are only three days left before the price of Shiba Inu is compelled to break out of its current triangle formation, marking a pivotal moment on the charts. The overall situation is not very encouraging for SHIB holders, even though the consolidation has tightened significantly, and the breakout’s path is still unclear.

SHIB’s market state

SHIB is caught between a rising support line of higher lows and a descending trendline of lower highs on the daily chart. As the squeeze nears its peak, volatility is typically on the horizon. But traders aren’t exactly lining up for this token. In tandem with price action, volume has been continuously declining, indicating a lack of conviction on the part of both buyers and sellers. The fact that SHIB’s foundations don’t inspire confidence only serves to heighten the gloom.

SHIB/USDT Chart by TradingView

A consistent drop in network transactions is revealed by on-chain data, indicating a decline in user activity and utility. Declining engagement in the cryptocurrency space frequently results in a drop in price, because fewer users are willing to speculate or transact on the network. The hype-fueled craze that propelled SHIB appears to have faded.

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Technically speaking, the main moving averages provide a bearish background. The 200-day moving average (black line) is hovering well above the price, and SHIB is being pressured by the 50-day and 100-day averages, which serve as resistance layers. The fact that the 20-day moving average has also turned into overhead pressure indicates that the short-term momentum is not in favor of the bulls.

SHIB stays trapped

SHIB is still trapped in a downward drift unless it can make a convincing break above the $0.000013 zone. The Relative Strength Index (RSI) shows no indication of hidden strength and floats around neutral levels. There is a greater chance of a breakdown than a breakout in the absence of a spike in volume or renewed interest.

SHIB could revert to the $0.000010 level, or worse if support at $0.000012 is not met. Traders should brace for volatility as this triangle closes in three days, but there isn’t much hope. The path of least resistance is downward, and SHIB may soon show its hand unless there is a fundamental shift.



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Stripe, Paradigm Unveils Payments-Focused Blockchain Tempo
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Stripe, Paradigm Unveils Payments-Focused Blockchain Tempo

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Payments giant Stripe and crypto investment firm Paradigm on Thursday officially unveiled Tempo, their joint blockchain project designed for stablecoin payments.

The initiative, incubated inside Stripe, is designed to handle the kind of scale Stripe sees in real-world financial applications, processing tens of thousands of transactions per second with sub-second finality, Stripe CEO Patrick Collison said in an X post.

The project launches with a list of heavyweight partners including Anthropic, Deutsche Bank, DoorDash, Nubank, OpenAI, Revolut, Shopify, Standard Chartered and Visa, who will help shape its design, he added.

“We hope that Tempo makes it easier for things like payment acceptance, global payouts, remittances, microtransactions, tokenized deposits, agentic payments, and more, to move onchain,” he said.

Tempo, first leaked in August in a job posting, is joining a growing roster of blockchain projects competing for stablecoin payments. It’s potentially a huge market opportunity: Stablecoins, now a $270 billion class of cryptocurrencies, are projected to become a trillion-dollar market and poised to disrupt global payment flows as a cheaper, faster alternative to banking rails, proponents say.

Collison said Tempo was needed because current blockchains, even high-speed ones like Solana SOL$198.37, don’t match Stripe’s throughput or payment-focused requirements.

Tempo targets 100,000 transactions per second with sub-second finality, allows fees to be paid in stablecoins instead of native tokens and includes a built-in automated market maker to ensure neutrality across issuers, he said. The chain is Ethereum Virtual Machine (EVM)-compatible and built on Reth, an Ethereum ETH$4,291.91 execution client.

Tempo is an independent entity with Paradigm and Stripe being early investors, Collison said. Paradigm CEO Matt Huang is leading a team of 15 person.

“We’re building Tempo with principles of decentralization and neutrality,” Huang said in an X post. That includes launching with a diverse set of validators with plans to transition to a permissionless model in the future.

Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains



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World Liberty Financial
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World Liberty Financial Accuses Exchange Of Token Manipulation, Justin Sun Blacklisted

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

World Liberty Financial (WLFI), the newly launched decentralized finance (DeFi) platform backed by the Trump family, is facing significant price challenges following its WLFI token debut last Monday. 

The platform has leveled serious accusations against an unnamed crypto exchange, claiming it has been manipulating user tokens to drive down prices. This situation has drawn particular attention towards crypto billionaire and Tron founder Justin Sun.

World Liberty Financial Claims Manipulative Practices

After the WLFI token launched, its price surged to an impressive $0.47 on September 1. However, the excitement was short-lived, as the token subsequently plummeted to a weekly low of $0.18, reflecting a staggering 61% decrease in value. 

World Liberty Financial has alleged that this decline is linked to manipulative practices by an exchange, along with questionable movements from Justin Sun’s wallet, which has resulted in a significant amount of his fortune becoming inaccessible. 

Notably, the platform has blacklisted Sun’s wallet, which includes $540 million worth of unlocked WLFI tokens that are now frozen, and 2.4 billion locked tokens that remain out of reach.

Sun Responds To Allegations

In response to the allegations, Justin Sun took to social media site X to refute the claims. He stated that his address had only conducted “minor exchange deposit tests” with minimal amounts and had created address dispersion without engaging in any buying or selling activities, asserting that these actions could not have influenced the WLFI price.

The relationship between Justin Sun and World Liberty Financial  dates back to November 2024, when Sun made a substantial investment of $30 million in WLFI tokens, making him the platform’s largest investor. 

His support came with praise for President Donald Trump’s vision of establishing a new regulatory framework for digital assets, a move that has seemingly fostered increased interest in cryptocurrency adoption among major financial entities on Wall Street.

The 1-minute chart shows WLFI’s price drop. Source: WLFIUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Porsche Will Roll Out Wireless EV Charging in 2026

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In brief

  • Porsche will unveil its 11 kW wireless charging system in Munich next week, the automaker said Thursday.
  • Wireless charging will be offered in Europe from 2026, with global markets to follow.
  • A floor pad transfers power to a receiver under the SUV; efficiency is ~90%, comparable to plug-in charging.

Porsche will unveil its long-anticipated 11 kW wireless charging system for its 2026 Cayenne Electric at the IAA motor show in Munich next week, the company said Thursday.

The wireless charging system was first announced in the spring. Technically, Porsche isn’t the first to go cable-free—it’s the latest to join a growing list of automakers experimenting with inductive charging. BMW briefly offered a wireless option on its 530e plug-in hybrid back in 2018, and Genesis has tested similar systems.

But Porsche is the first automaker planning to bring inductive charging to a fully electric SUV at scale, making it more than just a pilot or niche accessory. Volkswagen, Stellantis, Hyundai, Volvo, and even Tesla have signaled interest through R&D, pilots, or acquisitions, but Porsche’s rollout is the first with firm timing and safety certifications behind it.

Porsche’s move matters because it brings the tech to a mass-market luxury SUV, with the brand emphasizing efficiency and user experience rather than just novelty.



What makes Porsche’s system different

The Cayenne Electric will come with a receiver plate tucked into its underbody. Park over a flat floor pad, and the system uses ultra-wideband tech to line things up automatically. The car then lowers itself within a few inches of the pad, charging begins, and Porsche says it delivers 90% efficiency—on par with plug-in charging.

Safety was a big focus: motion sensors and foreign-object detection cut power if anything slips between pad and car, and the pad itself is weatherproof and TÜV, CE, and UL certified. Drivers can manage sessions through the My Porsche app, and the Surround View parking system offers alignment visuals. It’s designed to feel like magic—park, stop, walk away, and the car charges.

Porsche Cayenne wireless charging. Image: Porsche

The system is reportedly safe for cats, who have been known to favor sleeping under cars in garages. The system can detect when something is on it and shut off until your pet has moved on; it’ll even send a notification to your phone, letting you know that recharging has been temporarily suspended.

Market timing and costs

This won’t hit your local showroom this year. Porsche plans to launch in Europe in 2026, then expand globally. The Cayenne Electric itself will debut by the end of 2025, with the wireless tech as an optional extra. 

Convenience will be priced accordingly. Early estimates put the receiver hardware at about €2,000 ($2,330) and the pad near €5,000 ($5,825), plus installation—squarely a luxury option for those already buying a Cayenne. While pricing hasn’t been set for the EV the 2026 base model is expected to launch at around $100,000.

The U.S. picture: Pilots, pads, and roads

In the United States, wireless charging hasn’t gone mainstream but is steadily moving from concept to pilot:

  • Plugless Power has been selling aftermarket pads for models like the Nissan Leaf since 2014, though at lower wattages.

  • WiTricity, based in Massachusetts, has launched an 11 kW Halo system and recently piloted wireless charging for Ford E-Transit vans at the Port of Long Beach.

  • Detroit’s Corktown district has a quarter-mile wireless road built with Electreon, soon to extend to a full mile.

  • Purdue University and the Indiana DOT plan to test highway-speed charging on a U.S. route segment.

  • Los Angeles is installing inductive coils under a campus road at UCLA ahead of the 2028 Olympics.

These projects show the U.S. is treating wireless charging as both a fleet solution and an infrastructure experiment—though no domestic automaker has yet committed to factory-built consumer models.

Why it matters

With the SAE J2954 international wireless standard finalized in 2024, Porsche’s decision gives the technology a legitimacy boost. If luxury buyers embrace the potentially $8,000+ convenience of skipping cables, other automakers may follow with mass-market options.

For now, Porsche’s Cayenne Electric rollout highlights the gap between what’s technically possible and what most EV drivers can actually afford—making wireless charging both a headline and a harbinger. Best of all, it won’t fry your cat.

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