TechFlowPost published a market commentary by XinGPT arguing that the crypto market is still in a pre-bull phase, with price action continuing to recover and a larger bull market potentially opening next year if liquidity and narrative momentum line up. The piece is built around a trading framework rather than a single market call. Its main point is that every trade should be defined in advance as either a long-term or a short-term position, because each requires a different information system, analytical process, position sizing method, and risk-control plan. For long-term holdings, XinGPT says cost control is central, with entries ideally made near cyclical lows or when an asset has been mispriced by the market despite fundamentals remaining intact. The article points to bottoming patterns, low-volatility consolidation, and extreme pessimism as signs worth watching. For short-term trades, the author focuses on trend-following and insists on predefined stop-loss rules. On the market itself, XinGPT says the current pre-bull structure remains intact and keeps a constructive view through the midterm elections. The article also lays out specific observations on Bitcoin, ZEC, Pons, MEME, and storage-related equities ahead of Friday’s CPI release.

Longsys, a Shenzhen-based memory chip company, rang the bell for its Hong Kong listing on Sept. 8, pricing its shares at HK$236 each. The stock opened flat and was down 1.19% at HK$233.2 by 10:00 a.m., giving the company a market capitalization of HK$107.192 billion. The company said unaudited results for the first half of 2026 showed revenue of 24.088 billion yuan, up 136.3% year over year, and net profit attributable to shareholders of 10.577 billion yuan, up 71,528.66%. According to the prospectus, Longsys plans to use about HK$6.0202 billion in net proceeds from the global offering for research and development, strategic investments or acquisitions, and general working capital. The company brought in 14 cornerstone investors, including Transsion Holdings, Lenovo Group and Lens Technology, which subscribed for about $151 million worth of shares. Citing China Insights Consultancy data, the prospectus said Longsys ranked ninth among more than 100 global memory market participants by 2025 storage product revenue, third among more than 30 Chinese participants, and first among China’s independent memory makers, with a 1.2% share of the global semiconductor memory market.

Bitcoin pulled back sharply after U.S. August nonfarm payrolls came in above expectations, reinforcing expectations that the Federal Reserve may keep policy tight for longer. Over the past 24 hours, BTC fell from a high of $81,423 to a low of $78,660 and was trading at $79,583 at the time of writing, down 1.81%. Ether also weakened, falling 2.06% to $2,452, while other major tokens moved lower as well. Liquidations accelerated across the derivatives market. Total crypto liquidations reached $402 million in 24 hours, including $277 million in long positions and $125 million in shorts. A total of 89,201 traders were liquidated, with the largest single liquidation order recorded on Binance’s BTCUSDT contract at $23.17 million. The report said U.S. nonfarm payrolls increased by 162,000 in August. After the data release, the U.S. dollar index strengthened, Treasury yields rose, and all three major U.S. stock indexes closed lower. Market sentiment also cooled slightly, with Alternative.me’s Fear and Greed Index slipping to 73 from 74 a day earlier, while still remaining in the greed zone.

Despite announcing plans to exit the EU, Binance has continued operations after the July 1 MiCA deadline through reverse solicitation and routing trades to its Abu Dhabi entity. ECB President Christine Lagarde pushed for a license application, but it was rejected; Binance withdrew its Greek application. ESMA demands an orderly exit, while Binance commits to long-term compliance. Data shows Binance holds over 45% of global spot trading volumes, with euro-denominated share at 3-4%.

Bloomberg, citing people familiar with the matter, reported that Binance announced plans in June to exit the European Union, and many in the market expected the exchange to be forced out because it had not secured a Markets in Crypto-Assets (MiCA) license. Yet after the July 1 deadline passed, Binance is still maintaining operations in the bloc through several arrangements. The report said European Central Bank President Christine Lagarde personally intervened in a way that contributed to Binance’s application not being approved, and that the company has since withdrawn its license application in Greece. Users in six EU countries where Binance had local entities were previously told to move off the platform. Some later regained trading access under a reverse solicitation provision, while some EU user trades were routed to an Abu Dhabi entity subject to a different regulatory regime. The European Securities and Markets Authority has now sent a letter seeking confirmation on the progress of an orderly exit. Binance said it will work toward long-term compliant operations under the MiCA framework. Data cited in the report showed Binance still holds more than 45% of global spot trading volume, while euro-denominated trading accounts for about 3% to 4% of its activity, little changed from earlier levels.

A MarsBit analysis argues that the biggest misunderstanding around the EU’s Markets in Crypto-Assets framework is not whether a crypto-asset service provider, or CASP, can expand across borders after authorization. It can. The real issue is what exactly gets carried into other member states through passporting, and what does not. Under MiCA, a CASP authorized in its home state may extend approved crypto-asset services into other EU countries through a branch or on a freedom-of-services basis, without setting up a separate licensed entity in each market. But the scope remains limited to the services already listed in the authorization. A cross-border notification does not automatically add fiat conversion, trading venue operations, order execution, or investment advice. The article also says many business models, especially crypto payments, sit partly outside CASP authorization. Stablecoin flows may overlap with payment regulation, and the European Banking Authority has discussed how MiCA interacts with PSD2, particularly for EMT-related transfers and some custodial wallet functions after transitional arrangements end on March 2, 2026. It also highlights ESMA’s 2025 warning about the “halo effect,” where users may wrongly assume that all products in a group app are MiCA-regulated just because one EU entity holds a CASP license. The broader point is that passporting removes duplicate licensing, not every local, product, and group-structure compliance issue.

The European Securities and Markets Authority updated its register of non-compliant crypto-asset service providers on Aug. 21, and the latest figures show a striking concentration in one country. Of the 167 entries currently listed, 165 were submitted by Italy’s Consob, accounting for 98.8% of the total. The data points to a sharp imbalance in how MiCA rules are being enforced and reported across the European Union. The register was created under Article 110 of MiCA. So far, only Italy, the Netherlands and Slovakia have submitted entries, while 24 member states, including Germany and France, do not appear in the register. ESMA said the list is not exhaustive and reflects only information that has been notified by national authorities. It also warned that the absence of a platform from the register does not mean it has been authorized or that it is safe. The update was cited by Techub, referencing Spaziocrypto.

Webot, a regulated cryptocurrency exchange focused on AI-driven automated trading, said it will hold an online webinar on Aug. 27, 2026 at 9:00 p.m. Eastern Time under the title “Beyond the Bot: How AI Is Rewiring Automated Trading.” The session will feature Webot U.S. CEO Jay Hua alongside guests from media, communications, and hands-on trading backgrounds. The discussion is set to examine what AI has materially changed in automated trading and what remains largely narrative-driven. For traders, the event is framed around practical questions rather than theory alone: how to assess and refine existing bot strategies, how to combine AI with automation in a more stable way, and which approaches hold up under real market volatility. Hua is also expected to outline Webot’s product thinking on the trend, as well as the company’s next steps and strategic direction. Webot says it holds licenses in 48 U.S. states and the U.S. Virgin Islands, and also has an EU MiCA Trading Platform Authorization issued in Ireland, with registration on ESMA’s official list.