India’s central bank should explore wider use of its wholesale and retail central bank digital currencies, Finance Minister Nirmala Sitharaman said Friday, according to Bloomberg.

Bitcoin traded around $77,000, up 0.7% since midnight UTC but still down roughly 0.9% over 24 hours. The token sits 6% below the $82,284 high it reached last week. Ether rose 1.6% Friday and is also higher over 24 hours, one of the few large-caps to recover its overnight losses. Solana added just under 1% since midnight. In the CoinDesk 100, 68 constituents are higher on the day — a reversal after Thursday's 86-14 split the other way. The index has added 0.5% though it remains 1.6% lower over 24 hours, with 80 constituents still down on that longer timeframe. The Altcoin Open Interest Crossover Is Already Reversing The derivatives picture contains the session's most consequential shift. Aggregate open interest across crypto futures fell to $59.5 billion from $62.4 billion on Wednesday, on $94.2 billion of 24-hour volume, per Coinalyze. Liquidations reached $256.3 million over the past day, up from $142.3 million midweek. Bitcoin open interest is broadly unchanged at $25 billion, up 0.12% over 24 hours — and now accounts for 42.1% of the market total. That figure stood at roughly 37% on September 6, when altcoin perpetual open interest passed Bitcoin's for the first time since December 2024. Bitcoin's share has climbed five points in under a week without its own positioning changing at all. The entire move came from altcoin leverage coming off. Bitcoin did not gain share by attracting capital. Everything else lost it. Coinalyze's aggregated series shows Bitcoin open interest peaking near $26.8 billion on September 4 and grinding lower since, so positioning has been coming off for a week rather than in a single flush. Zcash Saw the Sharpest Unwind Zcash open interest dropped 20.1% to $1.4 billion as the price fell 9% to $1,112.10, with $17.2 million liquidated. Funding turned negative at −0.0016%, the only major token with a negative rate. That combination is a clean reversal of what was building through early September. Zcash open interest had reached a record $2.4 billion as the token gained 134% in 30 days and cleared $1,000 for the first time since 2016, hitting a record $1,260 on Tuesday. Open interest had risen steadily alongside price since August 1 — a textbook long buildup. Long buildups unwind. A token carrying $2.4 billion of open interest against a small fraction of Top 100 market capitalization has a considerably worse liquidation profile than one carrying $25 billion against two-thirds of it, and that is what played out. Zcash has since added 3.4% since midnight to $1,116.06, though it remains 8.8% lower over 24 hours — the steepest 24-hour drop among tokens with a market cap above $10 billion. Hyperliquid and XRP both saw open interest fall around 5% over 24 hours, to $2.5 billion and $1.2 billion respectively. Positioning Sits Close to Balanced Bitcoin accounted for $60.3 million of liquidations and ether $46.5 million — together more than 40% of the total, which is roughly proportional to their share of open interest rather than evidence of concentrated stress. Funding remains positive but subdued. Bitcoin's aggregated rate sits at 0.0036% with the predicted rate at 0.0026%. The aggregated long/short accounts ratio stands at 1.114, with longs at 52.67% against shorts at 47.29% — close to balanced. A market this evenly positioned into a binary event is unusual, and it means the CPI print faces relatively little forced flow in either direction. The violent moves in recent months have come when positioning was skewed. It currently is not. Traditional Markets Are Firmer Across the Board S&P 500 futures gained 0.48% and Nasdaq futures 0.56%. Gold rose 0.74% and silver 0.92%, while the Dollar Index was unchanged. The memecoin index was crypto's biggest gainer, adding 0.73% since midnight. As with Thursday, the speculative end is moving furthest — in the opposite direction this time. CoinMarketCap's Altcoin Season indicator sits at 38/100, in neutral territory after spiking to 51/100 on Tuesday. That retreat is consistent with the open interest data: the altcoin rotation that produced Tuesday's reading has partially unwound. Theta and Raydium Lead the Index Theta Network leads the CoinDesk 100, up 11% since midnight to $0.19 and 6.9% higher over 24 hours. Solana-based DEX token Raydium gained 10% on the day to $1.60 and 18% over 24 hours — a third consecutive session at the top of the index after rises of 5.8% and 8.5% earlier in the week. Perpetuals exchange token Lighter rose 5.8% to $4.54, recovering part of a 15% fall over the previous 24 hours. Morpho climbed 3.6% to $2.34 and is 2.3% higher over 24 hours, one of the few mid-caps positive on both timeframes. CPI at 8:30 a.m. ET Is the Last Release Before the FOMC August consumer price data arrives Friday morning, the final major release before the Fed sets rates September 15-16. Core is forecast at 0.2% month-over-month with headline at 0.4%, largely on the energy shock that has carried Brent as high as $109 after Saudi crude production fell to its lowest since 1990. QCP framed the setup for Bitcoin specifically: "This is the worst mix for Bitcoin: a competing 5% risk-free rate without the nominal-growth impulse that usually accompanies yield moves." Hike odds range from 61% on Polymarket to 76% on CME FedWatch, a spread indicating genuine disagreement rather than settled pricing. Once US markets close, spot Bitcoin ETF trading pauses until Monday, leaving the weekend to absorb any escalation with materially thinner liquidity.

According to CNBC, wealthy investors have pushed assets in tax-aware long-short strategies, or TALS, to more than $170 billion from $2 billion in 2022, even as tax experts warn of risks and possible scrutiny from tax authorities. The strategies aim to track equity indexes while generating tax losses that can offset capital gains taxes, and demand has risen among high-net-worth investors, business owners, executives with concentrated stock positions and employees with stock from recent IPOs. Bob Casey, CEO of Santa Barbara Management, said the products are highly profitable and sticky for the wealth management industry. He said a $1 million portfolio could generate $250,000 in capital losses in the first year, and that those losses could be worth up to $137,500 for a California investor offsetting short-term capital gains. Tax attorneys said Treasury officials warned earlier this summer at a Wall Street Tax Association seminar about aggressive planning involving products that generate tax losses. They said the Treasury has not declared the practices illegal, but has put Wall Street on notice and could issue new guidance, ban the products or make no changes. Advisors also warned that exiting the strategies can trigger realized gains, that the products can involve leverage and tracking error, and that fees can range from 1% to 3% of the portfolio.

Metaplanet CEO Simon Gerovich said the board has decided to adjust its Series 10 stock acquisition rights, canceling 41% of the related shares and resetting the conversion ratio to 1:410, the level before the September 2025 international offering. According to Odaily, the company said the move will cancel more than $220 million in warrant value and reduce fully diluted shares, while increasing fully diluted bitcoin holdings per share by about 8.8%. Under the new terms, unvested warrants will become exercisable in stages in 2029, 2030 and 2031. The company also said the planned 20% employee incentive pool warrants will no longer be transferred and will be canceled. Metaplanet said it will work with a global compensation adviser to design a new incentive plan to attract new employees.

USDe and sUSDe have officially launched on the TRON network. According to Foresight News, users can bridge USDe and sUSDe to TRON through Stargate Finance. Support from TRON DeFi applications including JustLend DAO and SUN.io is expected to roll out over the next few weeks, followed by integration from wallets, exchanges, and payment apps. USDe on TRON will remain interoperable with liquidity on Ethena's other supported networks.

Bitcoin News said on X that traders face uncertainty over how to report gains to the U.S. Internal Revenue Service after the CFTC approved Kalshi's Bitcoin perpetual contracts as futures products. According to ChainCatcher, if the product is treated as a regulated futures contract under Section 1256 of the U.S. tax code, gains are generally taxed as 60% long-term capital gains and 40% short-term capital gains regardless of holding period. CME said Kalshi's perpetual contracts are actually swaps, which are explicitly excluded from Section 1256. The CFTC's classification supports the view that the contracts are futures, but it does not bind the IRS, leaving the tax treatment unresolved until the IRS, U.S. Congress, or a court directly addresses Bitcoin perpetual contracts.

China Overseas Land & Investment (0688) said it has applied to the Hong Kong stock exchange for a waiver from strict compliance with the rule requiring assured entitlements for shareholders in connection with a plan to arrange a publicly offered commercial real estate investment trust, or REIT, for listing in Shenzhen, according to Ming Pao. The exchange confirmed on Sept. 11 that the proposed spin-off of the trust fund may proceed.

Spot trading volume across major crypto exchanges rose 19% in August to $510.4 billion, marking the largest monthly increase of 2026. According to NS3.AI, July volume was $429 billion, while August activity remained 45% below January's level.

스페이스X, 규제, 대담: 페조 “다음 디지털 자산 강세장이 드디어 찾아왔다” | 골든파이낸스, 정책 규제 대폭 완화… 기관들은 도대체 무엇을 주목하고 있는가?

OpenAI와 Anthropic이라는 두 주요 연구소에서 근무했던 한 연구원이 사임을 발표했는데, 그의 작별 게시물에는 감사의 말은 없고 경고 한 마디만 담겨 있었다.

월가의 전통적인 거물들이 주도하고 암호화폐 거래소가 깊이 관여하는 “주식 토큰화 경쟁”은 이제 막 시작되었을지도 모른다

CLARITY 법안이 없더라도, 미국은 스테이블코인, 토큰 발행, 증권 토큰화, 퍼페추얼 선물 등 분야에서 규제 체계가 점차 명확해지고 있다.

이 기사는 ‘자금세탁방지(AML) 심사’를 명목으로 한 새로운 유형의 사기 수법을 폭로했다.

웰스파고 은행은 실제 위험을 지적하면서도 은행에 가장 유리한 해석을 내놓았다.

주요 거래소들이 잇달아 실제 자금을 투입해 자사와 암호화폐 거래소가 이미 확보해 둔 사용자 및 유통 채널을 하나로 묶기 시작했다.

DBS와 씨티는 SWIFT의 디지털 원장을 통해 토큰화된 예금을 활용하여 싱가포르와 미국 간 주말 미화 결제를 완료했으며, 이 거래는 단 몇 분 만에 처리되었다.

샘 뱅크먼-프리드는 FTX 붕괴와 관련된 소송을 미국 대법원으로 가져가며, 대법관들에게 자신의 사기 유죄 판결을 뒤집고, 재심을 명령하며, 자신의 범죄 피해자들에 대한 배상금으로 사용될 수 있는 110억 달러 규모의 몰수 처분을 취소해 줄 것을 요청하고 있다.

소수점 한 자리 차이로 다음 주 연방준비제도(Fed)의 금리 인상 여부가 결정될 수 있다. 핵심 CPI가 전월 대비 0.2% 상승하면 금리 동결이, 0.3% 상승하면 금리 인상이 단행된다.