Red September or Uptober Ahead?

Author

Tracey Plowman
September 03, 2025

This Week in Crypto

🔥 👉🏼 This week on Crypto Curious we’ve got a big one — Tracey’s stuck in New Zealand this week, so we’ve got Ben Ritchie back to unpack the latest moves in crypto. in this episode:

🚨 Is “Red September” about to strike Bitcoin and the markets again?

🤖 And what happens when AI meets Ethereum? Could it become the backbone of the intelligent economy? 

Plus, we’ll hit you with the week’s sharpest news bites, from stablecoins to NFTs, ETFs to metaverse pivots. 

Let’s get into it! 🚀

Markets at a glance.

X marks the spot.

Good articles.

World Liberty Financial, a crypto-based, decentralized finance (DeFi) company that was created by Trump’s sons Eric and Don Jr in response to their claims of being de-banked by the financial establishment, will make its WLFI cryptocurrency tradable from September 1.

Hyperliquid posts highest monthly revenue in August, surpassing $100 million

According to data from DefiLlama, the platform's monthly revenue hit $106 million, a 23% increase from July's total of $86.6 million. This was driven by a perpetual trading volume of nearly $400 billion.

Hyperliquid posts highest monthly revenue in August, surpassing $100 million | The Block

Whale sell-offs keep Bitcoin capped, but Bailey says clearing them could spark a 36% surge, with some analysts eyeing $180,000–$250,000 by year’s end.

PEPE Beats Out Shiba Inu In Major Meme Coin Metric, Is Dogecoin Next?

Dogecoin has since maintained its position as the foremost and largest meme coin, Shiba Inu has had a harder time maintaining its hold on second place. Now, it has fallen behind PEPE in a major metric.

PEPE Beats Out Shiba Inu In Major Meme Coin Metric, Is Dogecoin Next? | Bitcoinist.com

For the first time, both the Securities and Exchange Commission and the Commodity Futures Trading Commission clarified that they both state that nothing in current law prevents registered U.S. exchanges from listing and facilitating the trading of certain spot crypto asset products.

Solana Approves Alpenglow Upgrade: Price Jumps 6.5%

Solana has approved the long-anticipated Alpenglow upgrade, which is set to speed up transactions and dramatically strengthen the network’s performance. Developers and investors describe it as the most significant rewrite in the blockchain’s history.

Solana Approves Alpenglow Upgrade: Price Jumps 6.5% - BeInCrypto

Things you didn’t know (or did you?).

What is Hyperliquid (HYPE), and how does it work?

Hyperliquid is a decentralized perpetual exchange operating on its own high-performance layer-1 blockchain, HyperEVM. It specializes in perpetual futures trading, allowing users to speculate on crypto prices without holding the underlying assets. 

The HyperEVM mainnet has been launched with smart contract capabilities while preserving its fast, low-latency trading.

A key feature of Hyperliquid is its onchain order book, which enables real-time, transparent trading with minimal latency.

It bridges the gap between centralized finance (CeFi) and DeFi and offers a seamless, high-speed trading experience tailored for modern decentralized finance (DeFi) users by addressing challenges like inefficient order matching and high latency.

Hyperliquid has adopted a community-driven approach, rejecting venture capital funding, allocating 70% of its tokens to users, and redistributing all revenue back to the community. As of Feb. 5, Hyperliquid has a market capitalization of approximately $8.92 billion.

Via Cointelegraph

In Other Crypto News!

Altcoin Season Heats Up – Four, Sky, and Bitget Token Dominate Rotation

Four, Sky, and Bitget Token are three examples showing how liquidity and attention can cluster around specific themes.

Altcoin Season Heats Up as Four, Sky, and Bitget Dominate

Elon Musk’s Lawyer Launches $175M Dogecoin Treasury

Elon Musk’s lawyer Alex Spiro is now the new chairman of a publicly listed cleaning solutions firm based in Omaha, Nebraska, by the name of Cleancore (NYSE: ZONE), that announced a strategic partnership with the Dogecoin Foundation on Tuesday to establish a $175 million dogecoin (DOGE) treasury via a private investment in public equity (PIPE) transaction. The deal is being led by multiple investors, including crypto investment firms Pantera and GSR.

Elon Musk’s Lawyer Launches $175M Dogecoin Treasury – Crypto News Bitcoin News

Crypto.com CEO bets on Fed rate cut to fuel crypto markets in Q4

Head of Strategy Rich Widmann said the Google Cloud Universal Ledge is built for any financial institution, and could one day be operated directly by firms like Amazon or Microsoft to better serve their customers.

Crypto.com CEO Predicts Strong Q4 On Fed Rate Cut Hopes

Seeing Red!

'Red September' Is Coming—Here's What to Expect From the Bitcoin Market

Bitcoin has dropped 3.77% on average each September since 2013. With the month approaching, traders are already positioning for what could be another seasonal selloff.