A new month, a fresh mempool—reset your bias, sharpen your edge.

Prices (USD, inline):
BTC $109,692.00 🟢↑ | ETH $4,478.79 🔴↓ | SOL $203.03 🔴↓ | BNB $861.75 🟢↑ | XRP $2.82 🔴↓ | ADA $0.8396🟢↑ | AVAX $24.27 🟢↑ | DOGE $0.2186 🟢↑ | DOT $3.86 🟢↑

Quick Index ⚡️
📉 “Red September?” BTC opens the month soft as U.S. markets close for Labor Day.
🏢 Tokyo: Metaplanet shareholders OK a ¥130.3B raise to buy more BTC; Eric Trump appears on stage.
💧 XRP dips under $2.80 intraday before buyers show; overbought/oversold signals whipsaw traders.
⚙️ Solana’s ‘Alpenglow’ vote reported as passed, aiming for ~150ms finality (community reports; official posts pending).
🔗 Proof-of-reserves on-chain: Solv & Chainlink ship real-time collateral verification for SolvBTC pricing.
🇸🇬 Singapore: BasedApp shutters crypto debit card and withdraws local license bid.

Markets

Bitcoin started September on the back foot as the market’s seasonally weak month meets a U.S. holiday liquidity lull. With NYSE/Nasdaq closed for Labor Day, desks flagged thinner fiat ramps and wider spreads intraday; CoinDesk’s morning wrap notes BTC hovering near the $107K–$110K band while traders eye support clusters and funding resets midweek. (According to CoinDesk’s markets wrap and calendar checks for U.S. market closures.)

Some technicals-focused flows warn that a deeper test toward $100K is possible if spot loses near-term support, after August closed red; that said, implied vols remain contained and basis is modestly positive across majors. For context, CoinDesk’s technicians flagged the setup earlier today as “bearish shift unless reclaimed swiftly.” (As framed in CoinDesk’s technical update.) 

XRP spent parts of the session under $2.80 before bargain hunters nudged it back; intraday structure remains choppy with relative-strength signals ping-ponging around neutral. For directional traders, the takeaway is straightforward: respect levels, reduce size, and let the next ETF headline (or lack thereof) lead. (According to CoinDesk’s price update.)

Regulation

Singapore’s crypto perimeter tightened at the edges today as BasedApp told users it will deactivate its Visa crypto cards by mid-November and withdraw its local licensing application, pivoting to a self-custody software model and overseas markets. It’s a reminder that rising compliance and capital requirements can nudge smaller fintechs off card programs—especially where card issuers, AML rules, and custody standards converge. (Per today’s company notice covered by Blockhead.)

Japan’s policy backdrop is also on watch: with BOJ rate-hike chatter surfacing for Q4, local commentary suggests renewed interest in yen-linked stablecoin rails under existing guidance—potentially shifting liquidity preferences inside Japan’s web3 stack. (As outlined in CoinDesk’s analysis of yen-stablecoin dynamics.)

Adoption

Tokyo is leaning harder into the bitcoin-treasury playbook. Shareholders of Metaplanet—often dubbed “Japan’s MicroStrategy”—approved a ¥130.3 billion (~$884M) overseas share issue, with management signaling proceeds will largely add to its BTC position. Eric Trump, now an advisor, appeared at the shareholder event, underscoring the political-brand halo around the firm’s strategy. For markets, it’s another signal of corporate balance-sheet demand on dips. (According to Reuters’ on-the-ground reporting.)

Luxury travel is feeling crypto wealth, too. Private-aviation and high-end cruise operators are increasingly accepting crypto from younger, high-net-worth clients—another real-economy channel where coins move beyond exchanges and into big-ticket services. (As summarized by PYMNTS, citing recent Financial Times reporting.)

Tech & Innovation

Solana’s community-driven ‘Alpenglow’ consensus change is being reported by multiple crypto outlets as having passed, aiming to slash finality from ~12.8s to ~150ms. If borne out by official client/team posts, that’s a material UX leap for real-time trading, gaming, and payments—though mainnet rollout, client diversity, and resilience under load will be the true tests. (According to CCN and ChainCatcher; awaiting canonical ecosystem confirmation.)

On the Bitcoin side, Solv and Chainlink introduced a real-time proof-of-reserves price feed for SolvBTC that fuses exchange-rate calculations with on-chain collateral verification. For builders, this is about reducing oracle/asset mismatch risk in wrapped-BTC DeFi flows and giving treasurers clearer redemption references. (Covered by CoinDesk’s DeFi desk.)

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