1. Garrett Jin closed a ZEC short position after holding it for 3 months, incurring a loss of $36.13 million;
2. Bitmine holds nearly 5.96 million ETH, with losses narrowing to $2.71 billion;
3. Total cryptocurrency market cap returns to $2.8 trillion, briefly approaching $2.9 trillion;
4. Trading entry points move upstream as Kraken integrates with X's Cashtag program;
5. Fed's Kashkari: Inflation remains too high, not solely driven by oil prices;
6. Cynthia Lummis: The CLARITY Act previously required crypto projects raising over $25 million from the public to undergo audits;
7. Visa to close loophole allowing credit card points on meme coin purchases;
8. Hundreds of millions of dollars in Bitcoin transferred to IRGC; U.S. Treasury sanctions Iranian exchange BitBank;
9. GMGN transferred 23,550 BNB to Pionex in one week, generating $17.34 million in fee revenue;
10. Holdings surpass 25,000 BTC as Strive CEO hints at upcoming new round of purchases;
11. StonkFun ranks 10th on the protocol revenue list, with $4.85 million in revenue over the past 7 days.
Odaily reports: According to on-chain analyst Ember, a whale transferred 40 million USDC to Binance over the past hour, then withdrew 7,567 ETH from Binance, worth $20 million. The whale had previously bought $21 million worth of ETH on July 21 and sold ETH on August 21 for a $3.7 million profit.
Odaily News: According to the latest data from Gate, the price of gold fell to $4,368.13 per ounce, down 0.15% intraday. The price of silver fell to $66.512 per ounce, up 0.9% intraday.
In the forex market, USD/CNH rose 0.02% intraday, with the current exchange rate at 6.69431. USD/JPY rose 0.06% intraday, with the current exchange rate at 156.856.
In global stock indices, the Euro Stoxx 50 (EUSTX50) fell 1.33% intraday, to 6,231.23 points; the UK FTSE 100 (UK100) rose 0.24% intraday, to 10,665.3 points; the Germany DAX 40 (GER40) rose 0.11% intraday, to 25,379 points.
In commodities, WTI crude oil fell 2.32% intraday, to $99.12 per barrel. Brent crude oil fell 0.97% intraday, to $103.25 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the diversified asset allocation experience.
Odaily reports: According to official sources, 0G has launched Compute Finance, a financial layer built around AI compute, and has rolled out Ascend, a liquid staking product. It plans to launch Infinite AI, a compute-based digital asset, on September 29. Users can stake 0G to obtain a0G, mint and stake iAI to obtain compute credits; under the initial parameters, eligible iAI stakers can receive daily compute credits with a notional usage value exceeding $1, which can be used for products such as 0G Private Computer and 0G App. Compute credits are limited to designated AI services, cannot be redeemed for cash, and do not represent interest or guaranteed returns.
Michael Heinrich, co-founder and CEO of 0G, said that equity brought dividends, proof of work brought a new way to participate in incentives, and DeFi expanded the utility of digital assets, while Compute Finance connects digital assets with the right to use AI compute. Ascend and Infinite AI are the first implementations of this approach.
Odaily reports: The total cryptocurrency market capitalization returned to $2.8 trillion on September 19, briefly approaching $2.9 trillion. Bitcoin rose 5% that day to $81,914, its highest level since September 4, after briefly falling below $75,000 on September 16.
Hyperliquid's HYPE token climbed to an all-time high of $94.48, up 18% for the week, with its market cap surpassing $20 billion. Zcash's ZEC token rose 36% to a multi-year high of $1,590, with its market cap approaching $25 billion.
NEAR rose from $2.33 on September 13 to $4.06, while AVAX gained nearly 50% during the week; ETH and XRP rose 3% to 6%. The total altcoin market capitalization climbed from $1.17 trillion at the start of the week to $1.23 trillion, before falling back to just below $1.2 trillion. (Bitcoin.com News)
Odaily reports that as Ethereum's price approaches $2,700, Bitmine's total holdings had previously seen losses widen to $10 billion. The company currently holds 5,956,378 ETH at an average cost of approximately $3,340, of which 5,067,309 ETH has been staked, accounting for 85% of total holdings, valued at approximately $12.7 billion, with current annualized staking rewards of approximately $334 million.
Odaily reports that according to GMGN market data, Backpack briefly broke above $0.9, continuing to set a new all-time high. It is now trading at $0.846, with an intraday gain of over 34%.
Odaily News: According to Onchain Lens monitoring, the Trump official Meme team's allocation wallet transferred 8.73 million TRUMP to BitGo Custody, valued at approximately $17.99 million.
Over the past two weeks, the team has cumulatively transferred approximately 31 million TRUMP to BitGo, valued at approximately $70.64 million.
Odaily reports that according to GMGN market data, Solana ecosystem token STAMP's market cap briefly surpassed $14 million, currently at approximately $12 million, with an intraday gain of over 160x.
According to the project team, since Zcash has not yet completed the network upgrade to support asset issuance, STAMP attempts to achieve cross-chain asset mapping through NFTs and SPL tokens: users burn SPL tokens to obtain NFTs, and use these NFTs to redeem corresponding assets on Zcash.
Odaily reminds users that this token is subject to significant price volatility and is easily affected by market sentiment and trending events. Please be aware of trading risks.
Odaily News: The Central Bank of Russia published a draft on September 18 proposing two ratios, N31 and N32, to measure relevant exposures based on each individual credit institution's own funds and banking group consolidated capital, respectively. The scope of calculation includes direct investments, derivatives linked to crypto asset prices, and loans, bonds, and repos whose settlement or value depends on crypto assets; customer custodied assets for which a bank or a digital custodian within the group bears losses will be included, while assets for which no losses are borne will not be included but will still be subject to a 50% risk weight. Positions held in own accounts and customer positions for which the bank bears responsibility are subject to a 1250% risk weight; the draft is planned for official release in Q4 2026, taking effect 10 days after publication, with banks expected to report N31 and N32 values starting from January 2027.
According to Onchain Lens monitoring, Garrett Jin (@GarrettBullish) (0x92ea...050e9) closed a ZEC short position after holding it for 3 months, incurring a loss of $36.13 million; his cumulative historical loss stands at $12.77 million; he currently holds a long position of 1,330 BTC worth $108 million, with unrealized profit of $3.71 million.
Odaily News: Uniswap founder Hayden posted on X that the original owner of Uniswap.com had asked for a seven-figure price, and the Uniswap team refused to pay. Subsequently, SBF bought the domain for a seven-figure price and pointed it to a forked project; Hayden said that his malicious use of the domain prompted the Uniswap legal team to obtain the domain for free.
Odaily reports that Kraken joined X's U.S. Cashtag partner program on September 16. After users click on ticker tags such as BTC on X, in addition to viewing related posts and price charts, they can also follow a trading link to jump to the Kraken app or website, where they can log in or sign up to complete a purchase, with the transaction still executed on Kraken's side. A 2024 experiment by the UK Financial Conduct Authority involving more than 9,000 consumers showed that push notifications increased trading volume by 11%, while points and sweepstakes increased trading volume by 12%.
Odaily News — Ayo Akinyele, RippleX's head of engineering, said that commercial projects such as asset management institutions are preparing to use the XRP Ledger Batch V1.1 feature. This feature can package up to 8 transactions into a single operation and uses an "all-or-nothing" model. It can be used for delivery-versus-payment (DvP) settlement and can also allow exchanges, wallets, and markets to combine service fees with customer payments. Currently, 30 of the 35 tracked validator nodes support the proposal, exceeding the 28 votes required to enter the activation countdown. The countdown began at 14:06:41 UTC on September 15. If the support rate remains no lower than 80% within the 14-day window, activation is expected after the same time on September 29. Batch V1.0 was withdrawn in February this year due to a critical vulnerability in signature verification. It was not activated and caused no loss of funds; the fixed version was released with xrpld 3.3.0 on August 6.
