Odaily News: Russian Prime Minister Mikhail Mishustin stated that as of September 1, the circulation of cryptocurrencies within Russia has been legalized, with the relevant law signed into effect by the President.
Odaily News: According to on-chain analyst Aunt AI's monitoring, the whale "Set 10 Big Goals First" currently has an unrealized profit of over $12.26 million on their BTC long position, with a return rate of approximately 26.19%.
They had previously stated multiple times that a market reversal trend has arrived and would maintain a long strategy. On August 28, they publicly mentioned adding to their BTC position in the $78,000 to $79,800 price range. Based on current data, the actual position is 2,206.71 BTC, worth approximately $187 million, with an average entry price of about $79,470.92.
Odaily: In their feedback on the crypto asset regulatory framework MiCA, the European Central Bank and EU national central banks stated that requiring major stablecoin issuers to hold at least 60% of their reserve assets in the form of bank deposits could expose banks to stablecoin market volatility and undermine deposit stability.
The central bank system recommends mandating that a certain proportion of reserve assets must be held in short-term assets maturing within 1 and 5 business days. It also noted that despite MiCA being in effect, non-compliant crypto companies can still reach EU customers, posing significant challenges to regulatory enforcement and creating risks to investor protection.
Odaily News: According to MSX.COM data, AI concept stocks are broadly higher in US pre-market trading, with SAP up 1.53%, NOW up 1.49%, GOOGL up 0.74%, ORCL up 0.64%, and PANW up 0.61%.
It is reported that MSX.COM is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering US stock and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
Odaily reports: Several partnership plans previously announced by the Trump family's crypto project World Liberty Financial have yet to materialize, including having Aave support its lending market, using Ethena's stablecoin as collateral, and bringing tokenized U.S. Treasuries and equities onto the World Liberty platform through Ondo.
According to Nansen and Arkham data, the "strategic token reserve" previously established by World Liberty has also undergone significant changes, with most of its holdings of LINK, AAVE, ENA, and MOVE subsequently transferred or disposed of, and some assets moved into centralized exchange accounts. Nansen analysis shows that after World Liberty's token purchases were detected on-chain, the relevant tokens typically rose 10% to 26% within a day, but most of those gains failed to hold.
World Liberty stated that the company continuously adjusts its strategy based on market changes and business priorities, and emphasized that it has no connection to decision-making by the Trump administration. (Bloomberg)
Odaily reports: According to Gate data, Brent crude oil (XBRUSD) has fallen to $100/barrel, currently trading at $99.93/barrel, with a 24-hour decline of 2.6%.
Odaily reports that according to Onchain Lens monitoring, Hyperliquid repurchased and burned 39,980 HYPE in the past 24 hours at a volume-weighted average price of $94.18, worth $3.76 million. It has cumulatively burned 48.84 million HYPE, worth approximately $4.64 billion at current prices, accounting for 4.88% of the maximum supply; cumulative revenue has reached $1.27 billion.
Odaily reports, according to Lookonchain monitoring, among three newly created addresses, one address received 130,000 UNI from Galaxy Digital, worth $1.14 million; one address withdrew 221,955 UNI from Bybit and OKX 21 hours ago, worth $1.99 million; another address withdrew 430,174 UNI from Binance and Gate over the past 3 days, worth $3.84 million.
Odaily reports: PlanB posted on X platform that BTC is currently around $87,000, having surpassed all major realized prices, with the overall realized price at approximately $53,000, the 155-day realized price at approximately $72,000, and the 2-year realized price at approximately $86,000.
He believes that the probability of BTC falling below $53,000 in this cycle has become low, and the view that "BTC will retest the overall realized price as it did in previous bear markets" has lost its last relatively clear condition for validity. He also stated that the trajectory from 2025 to 2026 aligns with the characteristics of historically milder bull-bear cycles, and expects BTC to reach new highs within this halving cycle (2024-2028).
Odaily News: UBS strategists pointed out that Meta's new consumer-facing AI agent Muse has gained widespread popularity, signaling that product demand across the entire AI supply chain will grow accordingly. They stated that the successful launch of Muse demonstrates that AI companies have other ways to generate revenue beyond selling technology to large enterprises. The strategists added that increasingly fierce competition in the AI product space will further drive demand for computing power and AI infrastructure, benefiting leading companies in the high-quality semiconductor and hardware industries. (Jinshi)
Odaily News: BNB's market cap is approximately $104.95 billion, surpassing Bank of New York Mellon's approximately $104.41 billion, currently ranking 249th globally by asset market cap; Bank of New York Mellon ranks 251st.
Odaily reports that Bernstein expects prediction market annual trading volume to reach $10 trillion by 2035, with an estimated $410 billion in 2026. Crypto, equities, and commodities trading volume is expected to surpass sports-related trading before 2035, accounting for 49% of total trading volume. (The Block)
According to Gate data, the US dollar fell to 157.0 against the Japanese yen (USDJPY), currently at 156.939, down 0.2% in 24 hours.
Odaily News: A senior Iranian official revealed that Iran has told the Trump administration that if the United States accepts Iran's demands, including lifting the military blockade on Iranian ports, Iran will open the blocked Strait of Hormuz "within seven days." Iran plans to use this proposal as a basis for consultations with mediating countries during the United Nations General Assembly in New York.
According to Iranian government officials, if the United States, in addition to lifting the port blockade, also indicates that it will stop military operations around the strait, Iran will agree to open the strait as soon as possible. Rezaei, Secretary-General of Iran's Supreme National Security Council, said on the 19th of this month that resuming negotiations with the United States requires the US side to accept 7 conditions, including lifting the port blockade and unfreezing Iranian assets. (Kyodo News)
Odaily News: According to monitoring by on-chain analyst Yu Jin, this trader opened BTC and ETH long positions at the end of August at prices of $78,672 for BTC and $2,469 for ETH. At noon today, they closed a 1,000 BTC long position at a price of $87,142, corresponding to a value of $87.14 million; they currently still hold 400 BTC and 50,000 ETH long positions, worth approximately $170 million, with unrealized profit of $15.57 million.


