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Monday, 09/21/2026

Bitcoin ETF holders return to profitability as the price approaches $87,000

Bitcoin exchange-traded fund (ETF) holders have returned to profitability. Bloomberg ETF analyst James Seyffart posted on the X platform on Monday, stating that the rise in the New York market on Monday morning brought the average investor's cost basis for the ETF (approximately $81,700) back into the profit zone for the first time since January of this year. Despite last week's setback of key cryptocurrency legislation, the Clarity Act, and the Federal Reserve's interest rate hike, Bitcoin still broke through $86,000, reaching a daily high of $86,800, and is currently reported at approximately $86,800, but still over 30% lower than the historical high of $126,000 set last year.In terms of capital flows, U.S. spot Bitcoin ETFs managed by institutions such as BlackRock, Fidelity, Grayscale, and Morgan Stanley recorded a net inflow of over $6 million last week, with investors pouring nearly $593 million on Thursday and Friday alone. According to Coinglass data, these ETFs currently manage a total of $98.8 billion in assets.In the background, Bitcoin began to rise in August after the U.S. Treasury announced it would at least double the scale of long-term bond repurchases, achieving the best weekly performance since 2023. Subsequently, the price reached a historical high in October, but fell back at the end of the month due to the largest liquidation in cryptocurrency history (over $19 billion in positions were liquidated). Despite the Federal Reserve's hawkish turn, investors continued to flock to the so-called "currency devaluation trade," driving the price rebound.

Russia's Crypto Industry May Meet Legal Operating Conditions by End of 2026, Central Bank Deputy Governor Says Regulation on Track

Odaily News: Russian Central Bank Deputy Governor Vladimir Chistyukhin said Russia's crypto industry may already have the conditions needed to operate legally by the end of 2026, with related regulation progressing as planned. Large-scale secondary regulatory rules are currently being drafted, and fine-tuning of internal rules is expected to be completed by the end of 2026. Russian President Vladimir Putin signed a law in August establishing a framework for the management of digital currency and digital rights, but Bitcoin payments remain prohibited. The central bank has approved public trading of Bitcoin on Russian crypto exchanges, with non-qualified investors able to purchase Bitcoin and other assets worth 300,000 rubles, or about $3,582, through a single intermediary, while qualified investors face no restrictions. Russia's largest bank, Sberbank, plans to launch Bitcoin and crypto wallets and digital asset custody services in December, and expects trading volume for the related business to reach 4 trillion rubles, or about $47 billion, in its first year of operation.

Jordi Visser: AI agents are the core driving force of the Bitcoin bull market

In an interview with Bitcoin Magazine, Jordi Visser presented the "Ghost Rails" argument, suggesting that the infrastructure built over 15 years in the crypto industry, such as lending, tokenization, and stablecoins, has never had human users but rather AI agents. He compared the current situation to the 14 years between the launch of Netscape and the App Store bringing the internet to the masses, stating that AI agents, rather than retail wallets, represent the turning point of the agency economy, and he believes this is "extremely positive" for Bitcoin.Visser indicated that tokenization will convert $90 trillion in illiquid assets into currency, and Bitcoin is the only asset that can survive for 20 years. In discussions with Grace Remington and Sean Hagan, he covered topics such as nominal growth bets, whether AI can outperform the U.S. debt burden, 24/7 working agent clusters, data centers for debt financing, panic in the bond market, and the "Santa Claus effect," asserting that belief outweighs innovation and expressing optimism about the demand for Bitcoin over the next 30 years.

SlowMist Warns Darksword Exploit Reportedly Now Targets iOS 26.5 to Steal Wallet Private Keys

Odaily News: SlowMist Chief Information Security Officer 23pds stated that attackers are exploiting the Darksword vulnerability to bypass iOS security mechanisms through Safari, take control of devices, and extract private keys and other data from self-custodial crypto wallets. The vulnerability has previously been used in attacks targeting users in Saudi Arabia, Turkey, Malaysia, and Ukraine.

Google Threat Intelligence Group previously disclosed that Darksword initially only affected iOS versions 18.4 through 18.7. According to 23pds, attackers have now adapted it to iOS 26.5, though this assessment has not yet been officially verified.

Attacks typically begin with social engineering. After users click malicious links sent via social media or messaging apps, their devices may be rooted and wallet data extracted. Users should promptly update their phone systems and avoid visiting website links sent by strangers. Separately, three investors lost nearly $1.8 million in Bitcoin after downloading fake wallet apps from Apple's official App Store and have filed a lawsuit against Apple. (Bitcoin.com News)

SlowMist: The Darksword vulnerability is reportedly able to attack iOS 26.5 and steal wallet private keys

The Chief Information Security Officer of the blockchain security company SlowMist, 23pds, stated that attackers are exploiting the Darksword vulnerability to bypass iOS security mechanisms through Safari, gaining control of devices and extracting private keys and other data from self-hosted cryptocurrency wallets. This vulnerability has been used in attacks targeting users in Saudi Arabia, Turkey, Malaysia, and Ukraine. The Google Threat Intelligence Group previously disclosed that Darksword initially only affected iOS versions 18.4 to 18.7.23pds noted that attackers have adapted it to iOS 26.5, but this assessment has not yet been officially verified. Attacks typically begin with social engineering, where users click on malicious links sent via social media or messaging applications, potentially granting Root access to the device and extracting wallet data. Users should promptly update their mobile systems and avoid visiting website links sent by strangers; additionally, three investors have lost nearly 1.8 million dollars in Bitcoin due to downloading fake wallet applications from the official Apple App Store and have filed a lawsuit against Apple.

The Russian cryptocurrency industry may operate legally before the end of the year, the deputy governor of the central bank stated that regulation is progressing as planned

The Deputy Governor of the Central Bank of Russia, Vladimir Chistyukhin, stated that the country's cryptocurrency industry may have the necessary conditions to operate legally by the end of the year, with relevant regulations progressing as planned. According to the International News Agency, Chistyukhin mentioned that significant and large-scale secondary regulatory rules are currently being formulated, and the "fine-tuning" of internal rules is expected to be completed by the end of 2026.This year, Russia has continued to advance cryptocurrency legislation. President Putin signed a law in August that establishes a regulatory framework for digital currencies and digital rights, but the use of Bitcoin for payments remains prohibited. The central bank has approved the public to trade Bitcoin on the country's cryptocurrency exchanges, and non-qualified investors can purchase Bitcoin and other assets worth 300,000 rubles (approximately $3,582) through a single intermediary, while qualified investors face no restrictions.Russia's largest bank, Sberbank, plans to launch Bitcoin and cryptocurrency wallets and digital asset custody services in December. The bank expects that the trading volume of its new cryptocurrency business could reach 40 trillion rubles (approximately $4.7 billion) in its first year. Since 2022, Russia has prohibited the use of digital assets as a means of payment or legal tender, but lawmakers have made exceptions for international payments, likely aimed at circumventing Western sanctions. After the Russia-Ukraine conflict in 2022, the U.S. and Europe excluded Russia from the SWIFT system, and the Russian Finance Minister stated that the country's enterprises have been using Bitcoin to bypass related restrictions.

China's Post-Quantum Cryptography Plan Found to Have Multiple Critical Vulnerabilities, Raising Concerns for Bitcoin's Quantum Readiness

Odaily News: Bitcoin News posted on X that China launched a next-generation commercial cryptography algorithm program in 2025, aimed at developing and evaluating cryptographic standards capable of withstanding future quantum computers. Independent researcher @mjos_crypto, while analyzing the candidate algorithms, has discovered critical vulnerabilities in multiple proposed algorithms, including publicly reproducible private keys, easily constructible hash collisions, and signature implementations that accept invalid signatures. Bitcoin currently relies on proven elliptic curve cryptography, which quantum computers may threaten in the future; however, prematurely adopting insufficiently tested post-quantum cryptography schemes could also introduce vulnerabilities before the quantum threat emerges.

OpenAI develops new features to cope with AI entity competition

OpenAI is developing new features to compete with personal AI agents launched by competitors such as SpaceX and Meta. According to insiders, OpenAI plans to directly compete with SpaceX's Grok Bot through these new features and is discussing the development of personal AI assistants to counter similar products from Meta.Currently, some OpenAI app users have connected it to their email, calendar, etc., to automate tasks such as scheduling meetings.

Analyst: Plans to short in the range of $89,000 to $94,000 to hedge 50% of the Bitcoin exposure

Analyst Killa posted on platform X, stating plans to hedge 50% of his Bitcoin exposure in the range of $89,000 to $94,000, marking his first short position in months.Killa mentioned that, as he stated 1 to 3 days ago, he previously had no intention to short the same high point that continued to consolidate below him; if the price stabilizes above $97,000, this hedging strategy will become ineffective.

Killa Plans to Short Bitcoin in $89K–$94K Range to Hedge 50% of Exposure

Odaily News: Analyst Killa posted on X that he plans to hedge 50% of his Bitcoin exposure in the $89,000 to $94,000 range, which would be his first short in months. Killa said that, as he stated 1 to 3 days ago, he previously had no intention of shorting the same high that had been consolidating below it; if the price holds above $97,000, the hedge strategy will be invalidated.

Public Companies Flip to Net Bitcoin Buying of $183M; Strategy Resumes Purchases After Two-Week Pause

Odaily News: According to SoSoValue data, as of 8 a.m. ET on Sept. 21, 2026, global public companies (excluding mining companies) shifted from net selling to net buying of Bitcoin last week, with net purchases reaching $183 million.

Strategy (formerly MicroStrategy) bought 950 Bitcoin last week at $79,670, spending about $75.7 million, bringing its total holdings to 846,000 Bitcoin—its first purchase in two weeks.

Japanese public company Metaplanet did not buy Bitcoin last week, marking ten consecutive weeks without purchases.

In addition, two other companies announced Bitcoin purchases or holdings last week. Ethereum asset company Bitmine announced after 8 a.m. ET on Sept. 14 that it had bought 1 Bitcoin without disclosing the amount, bringing its total holdings to 212 Bitcoin; asset management company Strive announced on Sept. 21 that it spent about $108 million last week to buy 1,355 Bitcoin at $79,475, bringing its total holdings to about 26,355 Bitcoin.

As of press time, the global public companies tracked (excluding mining companies) hold a total of 1,156,080 Bitcoin, up 2.67% from last week, with a current market value of about $98.65 billion, accounting for 5.8% of Bitcoin's circulating market value.

Tim Draper stated that it is irresponsible for Apple and Meta not to hold Bitcoin

Billionaire investor and founder of Draper Associates, Tim Draper, stated on the Bitcoin Magazine podcast that government spending has not slowed down, which will only lead to two outcomes: hyperinflation or interest rates high enough to collapse banks. He believes that it is "irresponsible" for companies like Apple and Meta not to hold Bitcoin on their balance sheets.Draper suggested in the program that every business should hold at least the equivalent of four weeks of operating expenses in Bitcoin, each individual should hold about six months' worth of Bitcoin reserves, and every government should also hold Bitcoin as a hedge. He further explained that when banks holding cash fail, boards that do not hold any Bitcoin will expose themselves to legal and financial risks.Additionally, Draper linked his $250,000 Bitcoin price target to the next halving event and the subsequent supply shock.

Circle Launches Bitcoin-Collateralized Lending Service, Available Only to Institutional Clients

Odaily News: Circle has launched its Digital Asset-Backed Borrowing service, allowing institutional clients to mint bitcoin into 1:1-pegged cirBTC, which is custodied by Circle National Trust and used as collateral to borrow USDC through third-party lending protocols without selling their bitcoin holdings. The first integrated protocol is Morpho, with support for Aave and others to follow. The service is already deployed on the Arc and Ethereum networks and is currently available only to institutional clients.

Circle Mint launches digital asset collateralized lending feature, supporting borrowing USDC with BTC as collateral

Circle announced that the Digital Asset Backed Borrowing and Lending (DABB) feature has been launched on the Arc and Ethereum networks, available to eligible Circle Mint institutional clients.Clients can deposit Bitcoin, mint Circle Wrapped Bitcoin (cirBTC), and supply cirBTC as collateral to third-party lending markets in a single process using a self-custody wallet. The USDC borrowed will be directly settled into the Circle Mint account balance, without the need to sell the pledged Bitcoin; collateral can be released after repaying the USDC.

US Treasury Secretary Bessent: Trump and I Have Full Confidence in Fed Chair Warsh

Odaily News: US Treasury Secretary Bessent said he has full confidence in Federal Reserve Chair Warsh, believing Warsh will make the right decisions for the Fed's mission; US President Trump also has full confidence in Warsh. Bessent added that core inflation has not risen, all indicators remain unchanged, and said he will continue to watch for supply shocks on the energy side. (Jinshi)