News linked to both this project and an event.
According to Chaohang Research, JPMorgan’s September 24, 2026 research report indicates that U.S. corporate financing surplus in Q2 2026 approached 2% of GDP, marking the highest level for non-crisis periods since data tracking began in 1952. Non-financial corporate surplus stood at approximately 1.5%, the highest for non-crisis periods since 1958. Global equity buybacks are projected to reach $1.7 trillion in 2026, with U.S. corporations accounting for $1.3 trillion. Bitcoin’s production cost is approximately $85,000; after trading below this threshold for 280 consecutive days, the price has finally broken through. Network hash rate and mining difficulty have decreased by roughly 19% and 15%, respectively, from their peaks last October. JPMorgan notes that cash flow growth outpaces capital expenditures, indicating that the corporate sector as a whole does not require additional financing. This financing surplus underpins share repurchases, particularly among firms outside the technology sector. AI-driven capital expenditures are crowding out other spending, keeping overall capex growth moderate, and the exuberance of the late 1990s has yet to return. Bitcoin miners are structurally shifting toward AI operations, lowering forced selling risks, though hash rate expansion has decelerated. Bond futures momentum indicators have moved into more extreme bearish zones, with standard deviation scores for the 10-year U.S. Treasury and German Bunds reverting to -1.7 and -1.5, respectively.
Odaily reports: According to on-chain analyst Ai Yi's monitoring, as of 16:39, a cumulative total of 3,298.7 BTC has been withdrawn from Bitget. The platform has processed 6,875 withdrawal transactions, with another 3,580 withdrawal transactions awaiting on-chain block confirmations. Bitget has newly opened a BSC network BTC withdrawal channel. The related information was disclosed and confirmed by GracyBitget and xiejiayinBitget during a livestream.
Odaily News: According to on-chain analyst Ai Yi's monitoring, Bitget's BTC withdrawal portal has been opened. A total of 5,500 BTC from the protection fund has been transferred to Bitget's hot wallet in batches to meet withdrawal demand, of which 2,042.28 BTC, approximately $169 million, has completed the transfer, with 3,457.72 BTC remaining on-chain. This portion of funds was transferred in advance and does not equate to the actual withdrawal amount. GracyBitget and xiejiayinBitget have committed to continuously replenishing the fund to the $300 million baseline within one week.
CryptoQuant analyst nocoffeenobrain stated that crypto market sentiment has undergone a significant shift, with the Fear and Greed Index rapidly climbing from around 30 in August to the current 74. Meanwhile, BTC dominance has dropped to 53.8% and continues its downward trend. Historical data shows that when the sentiment index rises while Bitcoin's dominance remains flat or declines, market capital and momentum tend to flow into sectors outside of Bitcoin;
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin is currently trading near $83,000, with exchange outflows reaching their fastest pace since October 2025. On-chain data shows that as of September 27, the average daily net outflow from exchanges over the past seven days totaled 16,100 Bitcoin, indicating a contraction in exchange supply.
Analyst Benjamin Cowen (@benjamincowen) notes that BTC's closing price has broken through May highs, which is technically bullish, though it remains less than 1% away from that peak and prices are virtually unchanged. Historically, after breaking above the 50-week moving average (as in 2019 and 2023), BTC typically rallies 20% to 30% within one to two weeks. However, the gains in this cycle have been noticeably subdued, with the market widely attributing this to concerns over seasonal weakness and persistently rising yields. Cowen concedes that while he had previously forecast a Q4 downturn, BTC's sustained strength is leading him to reassess his projection, stating he will minimize subjective bias in future analyses and maintain a more open stance.
In pre-market analysis, trader degentrading (@degentradingLSD) highlights the following key market signals: • Macro: The 10Y yield has risen to 5.2% and the 30Y to 5.5%, nearing historical peaks. The South Korean stock market opened down 2.5%, with the memory and semiconductor sectors (SK Hynix, Samsung, MU, SNDK) broadly declining 2%–5%. Price action is expected to remain volatile ahead of MU's earnings report. • Next-Generation Cloud Computing: Project payback periods for compute infrastructure have fallen below one year. Market perception is shifting, and rapid revaluation of the new cloud sector is anticipated. Power supply bottlenecks are also gaining prominence. • Tech Stocks: META is trading lower in pre-market. Monitor for accumulation opportunities at the $690 support level or a breakout above all-time highs. If the broader hyperscale data center sector breaks out, META, MSFT, and peers could undergo paradigm-level repricing. • Crypto Markets: Broad weakness across major and alt coins, with BTC potentially testing the $82K support level. Risk capital was freed last week by trimming TAO and DOGE, and taking profit on CRDO. Since crypto sentiment typically remains positive during KBW week, the strategy this week centers on identifying short-term bullish setups.
According to on-chain analyst Onchain Lens (@OnchainLens), an early Bitcoin whale transferred its entire holding of 4,500 BTC (worth approximately $378.8 million) to a new wallet one hour ago. The address originally acquired this batch of BTC ten years ago for about $1.89 million, with its value continuing to grow since then: roughly $39.08 million eight years ago, approximately $187.4 million four years ago, and an estimated profit of about $376.9 million to date.
According to Lookonchain monitoring, another whale transferred out 4,500 BTC, worth $379 million, after over 4 years of dormancy.
Bloomberg Intelligence Senior Commodities Strategist Mike McGlone (@mikemcglone11) noted that the Market Vector Digital Assets 100 Index (MVDA) has ceased outperforming the Nasdaq 100 Index (NDX) since the launch of Bitcoin futures in 2017. Although MVDA volatility is approximately three times that of the NDX, performance has remained flat over the past decade, and its positive correlation with the NDX fails to provide effective portfolio diversification benefits. McGlone stated that the approval of U.S. Bitcoin spot ETFs and the policy shift ahead of the 2024 Trump election may already mark a local peak for the crypto market, with a low probability of further upside. Approximately two-thirds of the MVDA's constituents consist of Bitcoin.
Odaily News: Crypto analyst Darkfost stated on X platform that, looking at the BTC exchange inflows from long-term holders (LTH), during the market top in March 2024, LTHs were most active during the bull market phase, with daily average exchange inflows once exceeding the annual average by more than 5 times.In contrast, LTHs were relatively quiet during the 2025 top, and subsequently as the bear market began, their activity increased noticeably, with the annual average of BTC daily exchange inflows rising from approximately 600 to approximately 1,000. As the market approached the bear market bottom, inflows on some trading days far exceeded the annual average, which coincided with increased realized losses among earlier high-price buyers.Darkfost noted that LTH-related activity is currently gradually cooling down, exchange inflows remain significantly below the annual average, their behavior is changing, and the market is trending toward greater rationality.
On-chain analyst Darkfost stated that as Bitcoin advances toward $84,000, some investors holding coins for 9 to 18 months who purchased between $63,000 and $125,000 are choosing to cut their losses and exit. Data shows that the group holding for over 9 months realized losses of $246 million, while the group holding for over 1 year realized losses of $233 million, totaling nearly $500 million.
CryptoQuant analyst Julio Moreno posted that after the recent rally, Bitcoin's unrealized profit margin rose to 33%, the highest level since December 2024. Meanwhile, profit-taking reached 25,700 BTC, the highest level since 2026. In his view, these are typically signals that upward market momentum is weakening and facing pullback risk.
CryptoQuant analyst Axel Adler Jr. stated that the ratio of the adjusted MVRV's 30-day moving average to its 365-day moving average crossed above its 365-day moving average on August 20, marking Bitcoin's entry into an early bull phase when priced at $71,255. This phase lasted 31 days, during which Bitcoin rose by 13%.
According to data from Trader T, on September 25, US spot Bitcoin ETFs recorded a total net inflow of $134.46 million. BlackRock IBIT saw a net inflow of $96.99 million, Fidelity FBTC recorded a net inflow of $49.32 million, Bitwise BITB experienced a net outflow of $11.85 million, while net flows for other products were zero.
On-chain analyst Ai Yi announced that Bitget has published its withdrawal plan, resuming phased withdrawals starting at 16:00 on September 28 in the order of BTC, ETH, USD, and other tokens. Analysts note that since the protection funds consist entirely of BTC, this indirectly encourages users eager to withdraw to convert their tokens to BTC independently, allowing the platform to bypass the token-selling step to cover payouts. It remains to be seen whether a slight premium for BTC will develop within the exchange.
Odaily reports: Xie Jiaxin posted on X stating that this Bitget security incident involved multiple non-EVM chains and 10 tokens, and due to the different method of asset theft, different approaches to handling and restoring withdrawals were taken compared to last year's Bybit security incident in order to thoroughly eliminate potential risks.Additionally, Xie Jiaxin stated that he and Bitget CEO Gracy Chen will host a community livestream 30 minutes before withdrawals resume on Monday to discuss this security incident and answer community questions.Bitget announced on X that it will restore withdrawals in phases: Bitcoin network withdrawals will resume on September 28 at 8:00 (UTC); ETH withdrawals on Ethereum, BSC, Arbitrum, Base, and Optimism networks will resume on September 29 at 8:00 (UTC); USDT withdrawals on Ethereum, BSC, Solana, and Tron networks will resume on September 30 at 8:00 (UTC); other tokens, fiat, and P2P withdrawals will resume on October 2 at 8:00 (UTC). Trading and deposit services continue to operate normally, and users do not need to take any action in advance.
Odaily News: Bitget posted on X platform that the vulnerability involved in the September 24 security incident has been identified and fixed. The team is conducting additional verification and security checks on the withdrawal infrastructure, with Mandiant and SlowMist continuing to assist with the investigation. The temporary suspension of withdrawals is a security measure and is unrelated to the availability of user assets; user account balances have not been affected, and the Bitget Protection Fund will cover the financial impact of this platform-wide incident.Bitget plans to resume withdrawals in phases: Bitcoin network withdrawals will resume on September 28 at 8:00 (UTC); ETH withdrawals on the Ethereum, BSC, Arbitrum, Base, and Optimism networks will resume on September 29 at 8:00 (UTC); USDT withdrawals on the Ethereum, BSC, Solana, and Tron networks will resume on September 30 at 8:00 (UTC); other tokens, fiat, and P2P withdrawals will resume on October 2 at 8:00 (UTC). Trading and deposit services continue to operate, and users do not need to take any action in advance.
Odaily News: Bitcoin fell back to around $83,600 on Friday, down about 1% from the previous trading day, after briefly touching around $87,000, reaching that level for the first time in months. Market analysis suggests that the expiry of $1.56 billion in Bitcoin options on Deribit may have exacerbated short-term volatility, as market makers typically unwind their hedging positions after options expiry.Over the past 24 hours, BTC open interest and trading volume fell by 14.39% and 13.68% respectively, with long and short liquidations relatively balanced—long liquidations totaled $161.96 million and short liquidations $156.1 million—indicating that leveraged funds are readjusting. On the technical side, BTC's 50-day moving average remains above its 200-day moving average, forming a "golden cross," and the short-term trend is still viewed as relatively strong.Meanwhile, Bitcoin spot ETFs saw net inflows of $299.09 million on Friday, though this was lower than the single-day inflow levels seen earlier in the week. By contrast, XRP rose 4.37% over the past 24 hours and 15.45% over the past 7 days, currently trading at around $1.58; Solana rose 3.36% over the past 24 hours and 9.33% over the past 7 days, currently trading at around $119.84. The next macro data points the market is watching are the U.S. Personal Consumption Expenditures (PCE) inflation data due on September 30 and the September nonfarm payrolls report due on October 2. (Decrypt)
Odaily reports: Bitcoin has risen 44% this quarter to nearly $85,000, with some holders beginning to take profits. Bitfinex data shows that recent BTC holders have realized cumulative profits of approximately $2.4 billion, while during historical market tops, single-day realized profits typically reached $7–10 billion. Meanwhile, U.S. spot Bitcoin ETFs have seen cumulative net inflows of $2.84 billion over the past 6 trading days, exceeding holder realized profits during the same period, with cumulative net inflows approaching $800 million year-to-date. Bitfinex also noted that approximately 410,000 ETH flowed out of exchanges over the past month, and U.S. spot Ethereum ETFs attracted a cumulative $680 million over 4 consecutive trading days, indicating that strong capital support remains in the recent market. (CoinDesk)