Crypto markets stayed newsy through the weekend, from a hawkish Fed speech that rattled risk assets to a major Russian bank opening its doors to digital-asset collateral. Here are today’s ten biggest crypto stories, rounded up from Odaily’s real-time flash news feed.
1. Fed’s Warsh Turns Hawkish at Jackson Hole
Fed governor Kevin Warsh’s Jackson Hole remarks pushed rate-hike odds for September sharply higher, triggering a broad risk-off move across crypto and traditional markets alike.
2. Bitcoin Pulls Back to $77,557 as ~$481M Liquidated in 24 Hours
Bitcoin slid to $77,557 as roughly $481 million in leveraged positions were wiped out across the market in a 24-hour span, underscoring how stretched positioning had become after the recent run-up.
3. BTC Flashes Hidden Bearish Divergence Near $80,000
Analyst Rekt Capital flagged a daily hidden bearish divergence on Bitcoin near the $80,000 resistance zone — RSI is making higher highs while price makes lower highs, a pattern that persists until BTC breaks to a fresh high.
4. Coinbase Bitcoin Premium Index Turns Positive Again
The Coinbase Bitcoin Premium Index flipped back to positive (+0.005%) from -0.0086% the day before, an early signal that US spot buying demand is starting to recover after the selloff.
5. ETH/BTC Sits at a Critical Breakout Level
Trader Ash Crypto noted that ETH/BTC is coiling in a narrowing triangle pattern. A break higher could send ETH toward $2,800; rejection could pull it back to the $2,000–$2,200 range — either way, a big move looks imminent.
6. Sberbank, Russia’s Largest Bank, to Accept BTC, ETH and USDT as Loan Collateral
Sberbank confirmed it will accept Bitcoin, Ethereum and USDT as collateral for loans, one of the clearest signs yet of a major traditional bank formally integrating crypto assets into its lending business.
7. Solana Confirms Transaction V1 Launch for September 9
Solana contributor Jacob Creech confirmed “Transaction V1” launches September 9, further shortening block/slot times, with the Alpenglow upgrade targeted for October and a “Scale or Die” event planned for November.
8. MEV Sandwich Bot “jaredfromsubway.eth” Has Extracted $295M Since 2023
The notorious sandwich-attack bot has pulled in roughly 117,007 ETH (~$295M) since March 2023. In June alone, an attacker exploited its trading logic with 66 fake token contracts to steal at least $7.5M, funneled through Tornado Cash.
9. OCEAN Mining Pool Co-Founder Luke Dashjr Departs to Launch CONVOY
Bitcoin mining pool OCEAN announced that co-founder Luke Dashjr has stepped down as Chairman and CTO by mutual agreement, with OCEAN repurchasing his equity. Dashjr will now work on a new mining project called CONVOY.
10. Gold Slides to $4,450/oz, Down 3.4% in 24 Hours
It wasn’t just crypto — gold also fell sharply, down 3.4% to $4,450 per ounce, as the same hawkish Fed repricing hit safe-haven and risk assets across the board.
This is not financial advice. Always do your own research before trading. Sourced from Odaily’s 24/7 crypto flash news feed.
