Odaily report Bonk Guy posted on X platform that PONS fundamentals have continued to improve during the recent consolidation period. Over the past two weeks, even as Robinhood Chain hype somewhat declined, Pons daily revenue has consistently exceeded $1 million, with 80% of protocol revenue continuing to be used for buying back and burning PONS. More than 30% of the token supply has now been permanently burned. Additionally, Pons currently holds approximately 75% to 80% of the Robinhood Chain Launchpad market share. Based on current data, annualized fees and revenue are approximately $829 million and $159 million respectively, while PONS market cap stands at approximately $430 million. For comparison, PUMP's annualized fees and revenue are approximately $1.115 billion and $460 million respectively, with a market cap of approximately $1.75 billion.
Bonk Guy stated that PONS has the potential to reach a circulating market cap of at least $5 billion this cycle, representing over a 10x increase from current levels.
Odaily Report: Balancer Labs co-founder Marcus Hardt posted on X that he has proposed a governance proposal to gradually shut down Balancer. Balancer had previously completed a restructuring, including halting token emissions, transferring all protocol fees to the DAO, cutting the operational budget by one-third, and reducing the team from approximately 25 people to 12.5 full-time equivalents.
Marcus stated that the restructuring was completed on the cost side as planned, but revenue performance fell short of expectations. Currently, most of Balancer's protocol revenue still comes from v2, and v3 revenue has not grown enough to replace v2. Previous security incidents have also continued to affect partners' willingness to adopt v3. Marcus said he can no longer see a funded path that could change the situation, and continuing to burn through treasury funds is not reasonable. Therefore, he has proposed gradually shutting down Balancer and will not lead efforts to develop a plan for continued operations. The Balancer code will remain open source, and other teams can fork it and continue development. The relevant proposal has been submitted to the governance forum, and the final decision still rests with token holders.
Odaily News: U.S. Treasury Secretary Scott Bessent posted on X' platform, stating: The CLARITY Act is crucial to ensuring the United States wins the global new technology race. This is also why Congress passed the GENIUS Act, aimed at ensuring that stablecoin infrastructure—this revolutionary financial technology—is built in the United States.
Bessent stated that ensuring the continued prosperity of the U.S. community banking sector has been a consistent focus since he took office. The government's dual emphasis on promoting the development of new digital technologies and appropriately adjusting community bank regulation is key to both sectors jointly driving U.S. economic growth. The final draft of the CLARITY Act advances this mission by granting the Treasury Secretary additional authority to take action when deposit outflow facts change and adversely affect community banks.
Bessent said: If stablecoins cause harm to community banks, he will not hesitate to use these tools to ensure they are fully protected. Community banks are vital to U.S. economic performance and Main Street growth. Economic security is national security, and community banks play an important role in this principle.
Odaily News: According to crypto reporter Eleanor Terrett, eight banking trade groups have stated that the deposit outflow "circuit breaker" mechanism added to the new version of the CLARITY Act is not an effective safeguard, because the mechanism would only be triggered after large-scale deposit outflows have already occurred.
In a letter to Senate leaders, these groups called for further tightening of provisions related to stablecoin rewards, in order to close loopholes that could allow stablecoin balances to earn interest-like payments.
Odaily reports: Apyx announced on X platform that a new round of aptUSD incentive campaign has begun, lasting for 4 weeks. Holding aptUSD can earn 3.5% APY backed by U.S. Treasuries and cash equivalents, and enjoy 24x Pips before October 12. In addition, aptUSD yields will automatically accumulate, with zero-fee exits supported, and its liquidity can continue to be used in DeFi.
Odaily: Digital asset management firm Grayscale has launched four model portfolios based on crypto exchange-traded products (ETPs), designed for financial advisors to allocate digital asset exposure in client accounts. Each model provides suggested allocations and does not constitute a directly managed account.
All four strategies are market-cap weighted and rebalanced quarterly, with a 40% cap on any single asset. The products include Digital Assets Core Plus, Digital Assets Leaders, Digital Assets Next Gen, and Digital Assets Infrastructure.
Financial advisors remain responsible for determining the suitability of the models for client accounts, executing trades, implementing allocations, and client reporting. Some models may include ETPs issued by Grayscale affiliates that charge management fees and certain staking-related fees. (Bitcoin.com News)
Odaily Planet Daily News: A Fox Business crypto reporter posted on X platform that, according to Eleanor Mueller and Brendan Pedersen, a growing number of Senate Democrats who were previously willing to support the Clarity Act remain dissatisfied with the current state of the bill's ethics provisions. Ruben Gallego and Angela Alsobrooks, who supported Senate Banking Committee Republicans in advancing the bill out of committee in May, have yet to state their positions; the consensus at the time was to add stricter ethics provisions before a full chamber vote. Jasper Goodman reported that Kirsten Gillibrand is encouraging colleagues to vote in favor tomorrow to move the bill to full chamber consideration and continue debate.
Odaily reported: On September 9, Bulgaria's National Assembly passed amendments to the Tax and Social Security Procedure Code with 149 votes in favor, 0 against, and 10 abstentions, which will allow the Bulgarian National Revenue Agency to obtain detailed information on crypto asset users. The bill was approved by the 240-seat parliament.
The amendments implement two European Union (EU) directives, requiring crypto asset-related businesses to register and report to the Bulgarian National Revenue Agency users' names, addresses, dates and places of birth, tax residences, and tax identification numbers, as well as to submit transaction data for various types of crypto assets, including gross amounts received, number of transactions, number of fiat buy and sell transactions, and crypto asset exchange activity.
Privacy advocates criticized the scope of data collection as overly broad, arguing that mandatory disclosure of personal information could pose security risks. Crypto traders and small businesses said the registration and reporting requirements will increase compliance costs; supporters of the bill argue it aligns with EU standards and helps curb tax evasion. The relevant directives require EU member states to complete adoption by December 31, 2025. (Bitcoin.com News)
According to an Odaily report, a Fox Business crypto reporter posted on X that Senate Democrats are expected to meet tonight to discuss Clarity Act strategy and coordinate a counterproposal to the text Republicans released last night, even though Republicans insist that the text is their "last, best, and final" offer. The bill will face its first major test on the Senate floor in less than 24 hours.
Odaily星球日报讯 BitcoinTreasuries.NET 在 X 平台发文表示，OranjeBTC CEO Gui Gomes 将于明日在巴西最大证券交易所 B3 敲响开市钟，DIGY11 将在当日开始交易。Michael Saylor 表示，这正是 STRC 设立所希望推动的扩张类型。
Odaily星球日报讯 据 Gate 数据，布伦特原油（XBRUSD）短时回调至 106 美元/桶，现报 105.95 美元/桶，较上一交易时段收盘上涨 0.4%。
Odaily reports that Bitcoin News posted on X platform stating that Coin Center says the latest revised BRCA text removes the provision that provided explicit criminal liability protection for developers who do not control user funds under 18 U.S.C. § 1960. The revised text would still protect developers who do not control user funds from being deemed money transmitters under the Bank Secrecy Act and FinCEN regulations, thereby significantly raising the difficulty of prosecuting developers solely for failing to obtain a money transmitter license or register with the federal government. However, the text cannot prevent prosecutors from arguing that developers knowingly transmitted funds derived from criminal activity, a theory that has become the core basis in the criminal cases against Tornado Cash developer Roman Storm and Samourai Wallet developers. Coin Center believes that this compromise represents substantive progress on the regulatory front, but developers still face broader money transmission criminal prosecution theories from the U.S. Department of Justice; if the CLARITY Act passes with the revised BRCA, the related disputes will mainly shift to the courts.
Odaily reports: Bitcoin News posted on X that the U.S. House Financial Services Committee plans to review H.R. 8957, the "American Reserve Modernization Act of 2026," on Wednesday, September 16, 2026, and the bill will enter the committee voting process. The bill was introduced by Representative Nick Begich, with Jared Golden as the only Democratic cosponsor. It proposes establishing a Strategic Bitcoin Reserve at the U.S. Department of the Treasury and creating a separate digital asset reserve for non-Bitcoin assets. The bill stipulates that compliant Bitcoin obtained by the federal government through forfeiture will be included in the reserve, and funds from the sale or exchange of non-Bitcoin assets may be used to purchase more Bitcoin or repay government debt. The Treasury Department and the Commerce Department will also study strategies for budget-neutral acquisition of more Bitcoin over the next five years, with the relevant provisions explicitly not authorizing funding for such purchases through borrowing, new taxes, or deficit spending. The committee review is scheduled to begin at 10:00 a.m. Eastern Time on Wednesday.
Odaily News: Coinbase posted on X platform, calling on users to urge senators to vote in support of Clarity.
