In Ukraine, 107,400 sole proprietors in the retail sector operate outside of brick-and-mortar stores, including those engaged in online sales, according to data from Opendatabot as of early September 2026 and its analysis by the Experts Club analytical center.
This category accounts for about 16% of all 659,090 sole proprietors operating in the Ukrainian retail sector.
The largest group remains entrepreneurs selling in non-specialized stores—about 208,000, or 32% of the total.
Another 159,900 sole proprietors, or 24%, operate in markets and from retail stalls.
In specialty stores, 82,800 entrepreneurs sell various categories of goods. Another 47,600 sole proprietors specialize in the sale of food, beverages, and tobacco products.
Overall, 659,090 entrepreneurs are currently active in the retail sector in Ukraine. After a decline in the number of sole proprietors in 2025, the segment returned to growth: during the first eight months of 2026, the number of new registrations exceeded the number of closures by 8,200.
The data was published by Opendatabot on September 11, 2026, based on the Unified State Register.
Original source: Opendatabot – Structure of Sole Proprietorships in Retail
According to Fixygen, the cryptocurrency market ended the week of September 7–11 mostly lower: Bitcoin (BTC) fell to approximately $77,000, while Ethereum (ETH) remained in the range of $2,450–$2,460. Pressure on digital assets intensified due to rising oil prices, accelerating inflation in the U.S., and a sharp increase in expectations of further monetary tightening by the Federal Reserve (Fed).
According to CoinGecko data as of September 11, Bitcoin is trading at around $77,100, down from approximately $79,700 on September 4, marking a weekly decline of roughly 3%. Ethereum is trading at around $2,460 and has remained virtually unchanged compared to the end of the previous week. XRP has fallen to approximately $1.34, and Solana to $99–100.
The total market capitalization of the cryptocurrency market is about $2.73 trillion, with a daily trading volume of about $95 billion. Bitcoin accounts for approximately 56.8% of the market, while Ethereum accounts for about 11%. For comparison: on September 4, the market capitalization was about $2.81 trillion, meaning the market lost approximately 3% over the week.
The week began with Bitcoin trading above $80,000: on September 6, the price rose to $80,350, but by September 7 it had fallen to $79,100, to $78,500 on September 8, and dropped below $77,000 on September 10. The main external factor was a shift in expectations regarding U.S. interest rates.
Data released on September 11 showed that U.S. consumer prices rose 0.4% month-over-month in August, following a rise of just 0.1% in July. Following the release of the statistics, the market raised the probability of a 25-basis-point rate hike by the Fed at its September 15–16 meeting to approximately 85%. Prior to the release of the Consumer Price Index (CPI) data, that probability was estimated at approximately 67%.
Oil prices added to the pressure. During the week, the price of Brent crude rose above $100 per barrel for the first time since May, reaching $109.97 amid an escalating conflict in the Middle East and risks to shipping through the Strait of Hormuz. By Friday, oil prices had retreated slightly but remain on track for a weekly gain of more than 8%. High oil prices heighten inflation risks and thereby reduce the likelihood of a rapid easing of central bank policy.
Flows into U.S. spot Bitcoin ETFs also deteriorated. According to data from Farside Investors, net outflows totaled $46.6 million on September 8, $120.2 million on September 9, and approximately $32.4 million on September 10. Thus, over three trading sessions, investors withdrew about $199 million from Bitcoin ETFs. The U.S. market was closed on September 7 for Labor Day.
The situation with Ethereum ETFs was more stable. On September 8, the funds lost $24.3 million; on September 9, they received $34.7 million; and on September 10, they again recorded an outflow of approximately $25.2 million. The cumulative balance over the three sessions was negative by approximately $15 million.
At the same time, Ethereum appeared noticeably more stable than Bitcoin throughout the week. After a 37% rise over ten days in late August, the ETH price consolidated within a range of approximately $2,400–$2,550. On September 9, Reuters noted the formation of a pattern on the chart that technical analysts view as potentially positive, although a drop below the $2,350–$2,360 range would undermine this scenario.
Despite the weakness in prices, the industry’s institutionalization continued. On September 10, Nasdaq announced a $100 million investment in Payward, the parent company of the Kraken crypto exchange. The parties intend to expand their cooperation in the areas of tokenized stocks, 24/7 trading infrastructure, and market surveillance systems.
At the same time, the battle over crypto industry regulation intensified in the U.S. Ahead of a key Senate vote on September 15, cryptocurrency companies and the banking sector stepped up their lobbying campaigns regarding the Clarity Act, which is intended to define the legal status of digital tokens and allocate authority among financial regulators.
A negative development of the week was an attack on the Bitcoin-related Liquid Network. On September 7, the project reported the withdrawal of approximately $320 million, or about 4,000 BTC, from a federated wallet. Following the incident, new transactions on the network were suspended.
On September 10, the European regulator ESMA also warned that the strengthening of ties between the crypto market and the traditional financial system increases the likelihood of potential shocks spreading. The regulator paid particular attention to the rapidly growing prediction markets and the risks of manipulation and insider trading.
According to Fixygen, the cryptocurrency market in the second half of September will be primarily influenced by decisions from major central banks, U.S. consumer demand and inflation data, as well as a large-scale quarterly expiration of Bitcoin and Ethereum options.
The main event will be the U.S. Federal Reserve meeting on September 15–16. The interest rate decision will be announced on September 16. This meeting is particularly important because, along with the decision, the Fed will publish updated economic forecasts and the so-called “dot plot”—the members’ expectations regarding the future trajectory of interest rates.
Anticipation surrounding the meeting has intensified sharply following the release of August inflation data. Consumer prices in the U.S. rose 0.4% month-over-month and 3.4% year-over-year, while core inflation stood at 0.3% month-over-month and 2.4% year-over-year. A day earlier, the Producer Price Index (PPI) showed a 0.4% monthly increase and a 5.4% annual increase.
Against this backdrop, the market sharply raised its expectations for a 25-basis-point rate hike by the Fed. Throughout September 11, futures markets priced in the probability of such a decision at approximately 82–87%, whereas just a few days before the CPI release, the Reuters consensus forecast among economists had predicted that the rate would remain at 3.50–3.75%.
For cryptocurrencies, a rate hike is traditionally an unfavorable factor: it increases the yield on dollar-denominated assets, raises the cost of borrowed capital, and reduces investors’ risk appetite. However, Bitcoin’s reaction will depend not only on the decision itself but also on the Fed’s comments. If the regulator signals that the September hike is a one-off, the market may react much more calmly than if it were seen as the start of a new tightening cycle.
U.S. retail sales data for August, which will also be released on September 16, will take on added significance ahead of the meeting. In July, this figure fell for the first time in nine months. A strong recovery in consumer spending could bolster the case for higher interest rates, while weak sales could somewhat ease investors’ concerns about further policy tightening. The release date is confirmed by the U.S. Census Bureau. (
On the same day, the BLS will release the August import and export price indices. Typically, this indicator has a much smaller impact on the market than the CPI; however, in the current situation, investors will be closely watching for signs that high prices for energy and imported goods are spilling over into U.S. inflation.
The next key factor will be the Bank of Japan. Its meeting is scheduled for September 17–18. According to a Reuters survey, the central bank is expected to raise its policy rate by 25 basis points—to 1.25%, the highest level in 31 years.
For Bitcoin, the Bank of Japan’s decision is significant due to the carry trade mechanism. For many years, investors have borrowed cheap yen and invested them in more profitable and risky assets. Rising interest rates in Japan and a strengthening yen make such strategies less attractive and could lead to a reduction in leveraged positions in global markets, including cryptocurrencies. Fears of a unwinding of the yen carry trade have repeatedly been a source of heightened volatility in risky assets.
Another potential source of sharp fluctuations will be September 25, when a major quarterly expiration of cryptocurrency options takes place on Deribit. Based on calculations using exchange open interest as of September 9, approximately $14.4 billion in Bitcoin options and another roughly $1.8 billion in Ethereum options were outstanding as of that date. About 41.5% of the total open interest in Bitcoin options was concentrated in the September expiration.
An expiration date alone does not determine the market’s direction; however, such a large volume of contracts can increase short-term volatility. A study published in the September issue of *Finance Research Letters* also points to statistically significant intraday reversals in Bitcoin prices during option expiration periods, especially when large positions held by market makers are present.
On September 29, the market will receive the August JOLTS report on U.S. job openings. Following a strong August jobs report—which showed the U.S. economy added 162,000 jobs with an unemployment rate of 4.1%—the state of the labor market has become yet another argument for proponents of a more hawkish Fed policy. An unexpectedly high number of job openings could put pressure back on Bitcoin due to rising U.S. bond yields.
But the most important data following the Fed meeting will be released on September 30. The U.S. Bureau of Economic Analysis will simultaneously publish the third estimate of second-quarter GDP and data on Americans’ personal income and spending for August. This report contains the PCE price index—the primary inflation measure the Fed uses as a guide.
If the PCE shows rising inflationary pressure following the CPI and PPI, expectations for additional rate hikes by the end of the year could intensify. For Bitcoin, such a scenario would mean continued pressure from high bond yields and a strong dollar. Conversely, a weaker PCE could bring back market expectations that monetary tightening is coming to an end.
The situation is complicated by rising oil prices. The yield on 10-year U.S. Treasury bonds approached 5% on September 11—its highest level since 2023—as high oil prices intensified fears of a new wave of inflation.
In addition, on September 10, the European Central Bank raised its key rates by 25 basis points: the deposit rate will be 2.50% starting September 16. The ECB directly linked this decision to persistent inflationary pressures, particularly due to the conflict in the Middle East and rising energy prices.
Thus, the second half of September is shaping up to be a period of heightened macroeconomic risk for the crypto market. Over the next two weeks, investors will sequentially see the Fed’s decision, a possible rate hike by the Bank of Japan, a major quarterly expiration of crypto options, U.S. labor market data, and the key PCE inflation index.
In the base case scenario, the cost of global liquidity remains the key factor for Bitcoin. If the Fed and the Bank of Japan simultaneously tighten policy, and inflation in the U.S. remains high, pressure on risk assets may persist. However, if the Fed signals that rate hikes are nearing the end of the cycle, and the PCE shows a slowdown in price growth, the market may find a reason to rebound by the end of September.
The key indicator following each data release will be not only the figure itself but also the reaction of U.S. Treasury yields and the dollar: if they continue to rise, it will be more difficult for cryptocurrencies to regain ground, whereas a decline in yields and the dollar’s exchange rate could draw capital back into Bitcoin, Ethereum, and other risky assets.
As part of efforts to restore native fish species and preserve biodiversity, 17,412 European grayling were released into water bodies in Transcarpathia, according to the State Agency for Land Reclamation, Fisheries, and Food Programs.
The fish stock was raised using state budget funds at the “Lopushno” trout hatchery, which is under the jurisdiction of the State Agency for Fisheries. The average weight of the fry was 5.45 grams.
The stocking covered water bodies important for the conservation and natural reproduction of this species. The juveniles were released into the tributaries of the Black Tisa, the Krasnoshurka River—a tributary of the Teresva—the Rika River and its tributaries, as well as into the Terelya River within the Synevyr National Nature Park.
The European grayling (Thymallus thymallus) is listed in Ukraine’s Red Book. It inhabits clean, well-oxygenated mountain rivers and serves as an indicator of their ecological health.
In the near future, the State Fisheries Agency plans to stock Transcarpathian rivers with juvenile Danube salmon (golovatitsa).
The Ukrainian engineering and construction company “Rauta” has been included in the list of taxpayers with a high level of voluntary compliance with Ukrainian tax legislation, the company reported, citing Order No. 600 of the State Tax Service dated August 31, 2026.
According to Rauta, the company fulfills its tax obligations in a timely and complete manner and has no tax arrears.
“Responsible business is not just about fulfilling obligations, but first and foremost about the values that guide the company every day. Honesty in all aspects of our work and the conscientious payment of taxes are our contribution to strengthening Ukraine’s economy,” said Andriy Ozeychuk, director of Rauta.
On September 7, the State Tax Service reported that as of August 2026, 9,706 business entities had been included in the new list of taxpayers with a high level of voluntary compliance with the law—the highest number since the list was first compiled. Compared to August 2025, their number increased by nearly 36%.
Of the total, 9,132 are legal entities, including 5,068 companies under the general taxation system, 484 “Diya.City” residents, 1,707 legal entities that are Group III single-tax payers, and 1,873 Group IV single-tax payers. Another 574 entities on the list are individual entrepreneurs.
The companies included in the list paid 192.7 billion UAH in taxes to the consolidated budget from January through June 2026, representing 16.23% of all tax revenues for that period. The State Tax Service intends to publish the official list, approved as of August, on its website on September 18. Notifications were sent to the included taxpayers via their online accounts on September 1.
The State Tax Service compiles this list quarterly. General requirements include having no tax arrears or violations of reporting deadlines, not being classified as a high-risk VAT payer, and having no sanctions or bankruptcy proceedings. For legal entities under the general tax system, the list also takes into account the level of corporate income tax and VAT payments compared to industry averages, as well as employee salary levels.
Rauta has been operating in the Ukrainian construction market for over 25 years and specializes in the design, supply, and installation of structures for commercial and industrial buildings, the renovation of facilities, and general contracting. The company is the exclusive supplier in Ukraine of commercial products from the Finnish Ruukki Group. According to Rauta, the company has completed over 1,000 projects and supplied more than 2 million square meters of sandwich panels since its inception.
The total market capitalization of the global stablecoin market has reached approximately $305.4 billion, continuing to grow amid the widespread adoption of digital dollars in cryptocurrency payments, trading, and decentralized finance, according to Fixygen.
According to DefiLlama, as of September 10, 2026, the supply of stablecoins has increased by approximately $1.69 billion, or 0.56%, over the past seven days, and by 1.6% over the past 30 days.
Tether (USDT) remains the largest stablecoin with a market capitalization of about $183.4 billion. It accounts for approximately 60% of the entire segment.
In second place is USDC, issued by Circle, with a market capitalization of about $74.5 billion. Over the past month, its supply has increased by approximately 3%.
Thus, the two largest dollar-pegged stablecoins alone control about 84.4% of the entire market.
In third place is Sky Dollar (USDS) with a market capitalization of approximately $6.64 billion, followed by DAI at $4.79 billion and Ethena USDe at approximately $4.44 billion.
USDe has recently shown the most notable growth among major stablecoins: its market capitalization has increased by approximately 13% over the past month.
The growth in stablecoin market capitalization is an important indicator of the state of the cryptocurrency market. Unlike the rise in the value of Bitcoin or Ethereum, an increase in the market capitalization of dollar-pegged tokens largely signifies the emergence of additional nominal volume of digital dollars that can be used for trading, remittances, lending, and other transactions within the cryptoeconomy.
Therefore, the growth in the supply of stablecoins is often viewed as an indicator of increased available liquidity. However, this in itself does not guarantee further growth in Bitcoin or other crypto assets—some of the funds may be used for settlements, international transfers, or held outside of risky assets.
The market structure remains extremely concentrated: USDT accounts for six out of every ten dollars of the segment’s market capitalization, and the gap between Tether and its closest competitor, USDC, exceeds $108 billion.
Stablecoins are digital tokens whose value is typically pegged to traditional currencies, primarily the U.S. dollar. They are one of the main settlement instruments in the cryptocurrency market and, at the same time, are increasingly being used beyond its borders for international payments and money transfers.
Data source: DefiLlama Stablecoins
