Odaily reports that a reserve report published by Anchorage Digital Bank shows that as of August 31, USA₮ circulating supply reached 175.73 million tokens, a nearly 10x increase from 17.5 million tokens at the end of January; total reserve assets amounted to $176.4 million, exceeding the value of circulating tokens by $660,000. USA₮ is issued by federally chartered bank Anchorage Digital Bank, backed by Tether, and complies with the requirements of the GENIUS Act.

Odaily News — Government officials have revealed that the U.S. Federal Trade Commission (FTC) is ramping up efforts with a sweeping investigation into Anthropic, OpenAI, and other superintelligence model companies to identify potential risks these technologies may pose to consumers. The agency plans to issue formal compulsory demands (similar to subpoenas) to these tech giants, ordering them to submit relevant information. FTC Chairman Andrew Ferguson initiated this investigation prior to the "Hugging Face incident." The investigation focuses on alleged violations of the FTC Act regarding "unfair or deceptive acts or practices," and will require these AI companies (or "SI," as Trump calls them) to submit relevant documents. (The New York Times)

Odaily News: Hyperliquid co-founder Jeff Yan said at Korea Blockchain Week that 24/7 trading is not the real advantage of on-chain finance compared with traditional trading platforms. Crypto assets are global in nature and do not need to follow traditional market trading hours, while traditional exchanges are also extending their trading hours.

In his view, the core advantage of on-chain finance lies in users retaining control and custody of their funds. Self-custody can reduce single points of failure when counterparties, intermediaries, or custodians run into problems; the transparency of on-chain systems in theory allows users to understand everything happening within the system. Yan also said that 24/7 trading still has value for commodities, stocks, and pre-IPO assets that lack public prices after traditional markets close, and that private markets may become the next major asset class to achieve round-the-clock trading.

Odaily News: DeFi researcher Ignas stated on X that successful crypto traders need to stay "in sync" with market rhythm, the key being to patiently wait for trading opportunities they truly understand rather than chasing pumps and panic-selling dips. He pointed out that if you chase a token after it has already risen and then panic-sell during a pullback, it not only causes financial losses but also easily leads to rushing to recoup losses by piling into the next hot narrative when it pumps, forming a vicious cycle.

Ignas believes that before trading, one must first understand the market's current "playbook." For example, under the previous points model, projects subsidized data before TGE, and users sold after receiving airdrops; whereas currently, Meme coins and tokenized assets are forming a new trading logic. He believes that Meme coins may become a way to drive on-chain TVL growth for tokenized stocks. Rather than searching for Meme coins where it's difficult to determine whether insiders hold concentrated positions, it's better to focus on tokens that capture fees from trading activity, while assessing how much of that revenue actually flows to token holders and the corresponding valuation levels.

Ignas also stated that every trade should have a clear rationale beyond "the price is going up" or "it has already dropped a lot." If a position is so large that every decline makes you question your original thesis, it's often difficult to hold long enough for the thesis to play out. Therefore, one should appropriately reduce position size and remain patient.

Odaily News: According to MSX.COM data, at the US stock market open, the Dow rose 0.09%, the S&P 500 gained 0.29%, the Nasdaq rose 0.43%, and the VIX fear index fell 1.5%. AI concept stocks rose broadly, with Super Micro Computer up 2.8%, CoreWeave up 2.42%, Dell up 1.72%, SoundHound AI up 1.46%, and Alphabet up 1.31%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular US stocks and ETF token assets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily News: According to the latest data from Gate, the price of gold has risen to $4,193.5 per ounce, with an intraday gain of 0.23%. The price of silver has risen to $61.088 per ounce, with an intraday decline of 0.21%.

In the forex market, the US dollar fell 0.03% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.70571. The US dollar fell 0.28% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 156.832.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 0.98% intraday, to 6,293.36 points; the UK FTSE 100 Index (UK100) fell 0.31% intraday, to 10,630.5 points; the German DAX 40 Index (GER40) fell 0.75% intraday, to 25,300.4 points.

In commodities, WTI crude oil rose 2.46% intraday, to $94.58 per barrel. Brent crude oil rose 3.01% intraday, to $103.4 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 multi-asset allocation experience.

Odaily News: Nasdaq-listed company Lion Group Holding (NASDAQ: LGHL) announced an adjustment to its digital asset reserves, selling its entire SOL position and part of its BTC holdings on September 29, and using the proceeds to purchase an additional approximately 38,102 HYPE.

Following this adjustment, Lion Group holds approximately 232,900 HYPE, valued at approximately $20.1 million. The company stated that this transaction did not involve selling its existing HYPE holdings, and its digital asset reserves are further concentrating toward HYPE. (The Wall Street Journal)

Odaily News: According to GMGN data, the market cap of SOL ecosystem meme coin SI briefly surpassed $67 million, currently at $65.57 million, with a 24-hour gain of approximately 209%.

Odaily reminds users that meme coin prices are highly volatile, and investors should participate with caution.

Famous trader Bonk Guy posted on X platform that U.S. President Trump, the world's richest person and first trillionaire Musk, and the founder of the world's largest social network Zuckerberg are all promoting the name "Super Intelligence," whereas some anonymous crypto community users are choosing to be bearish on this trend merely because they find the name "SI" "boring, stupid, and uncool," reflecting differences in how various groups judge information and trends.

Bonk Guy also pointed out that in the previous cycle, some investors profited from pet-themed meme coins by paying early attention to certain billionaire pets' names and related posts, with some tokens' market caps even reaching $1 billion to over $10 billion at one point. He believes that now, if one ignores the narrative that super intelligence could become the next major technological trend—and the push for this concept by important figures in finance and social media—merely because anonymous users think "SI" isn't cool, that logic is inconsistent.

According to Odaily, data from blockchain analytics firm Chainalysis shows that in the year ending June 2026, Singapore's crypto economy grew 55.4% to $284 billion, reclaiming its position as the largest crypto economy in Central Asia, Southeast Asia, and Oceania.

Institutional platform activity grew 94% to $60 billion, concentrated among a small number of market makers, OTC trading firms, and institutional brokers, while the region's overall crypto economy declined 6.8% during the same period.

The Philippines, Thailand, and Vietnam recorded a combined 5.4 million peer-to-peer transfers under $10,000, accounting for 14.4% of the global total. All three countries saw higher cross-border stablecoin activity than domestic activity, with regional cross-border volume at 3.2 times the domestic level. (Cointelegraph)

Odaily News: Brazilian state-owned oil company Petrobras is testing the Cardano blockchain in two research projects to track environmental claims related to sustainable aviation fuel and partially renewable Diesel R.

The aviation fuel project aims to prevent companies from double-counting the same emissions reductions; the Diesel R project will record fuel production, transportation, and usage stages to support emissions reporting. Both projects are still in the research phase, and no timeline for expanded deployment or the scale of fuel coverage has been disclosed. (CoinDesk)

Odaily reports that Robinhood on-chain DEX Fables has announced that FABLES will conduct its TGE on October 20 and simultaneously launch the ve(3,3) mechanism. At TGE, the PROLOGUE reserve, points claims, and liquidity FABLES corresponding to the initial liquidity pool will total no more than 75 million tokens, and team tokens will not enter circulation.

The points campaign will continue at a rate of 250 million points per week until October 19; participants must choose between claiming liquidity FABLES or locking them as veFABLES between October 12 and 19, and wallets that fail to complete their selection will lose eligibility to claim. 25 million FABLES will be reserved for PROLOGUE holders, with the claim window opening at TGE and lasting for one month.

According to Lookonchain monitoring, Bonk Guy invested $168,000 to buy 19 million SI tokens, which are now worth $1.2 million, with profits exceeding $1 million and a 6x return.

Odaily News: Coinbase Markets stated that, in order to complete the migration of Coinbase International Exchange and Deribit, the platform plans to conduct approximately 1 hour of maintenance starting at 17:00 Beijing time on October 1. During the maintenance period, perpetual contract trading outside the United States will be temporarily unavailable.

According to Coinglass data, the total network liquidations over the past hour amounted to $61.6079 million, with short positions being the primary cause. Short position liquidations reached $59.172 million, while long position liquidations totaled $2.4774 million. Additionally, BTC liquidations amounted to $37.6428 million, accounting for over 60% of the total network liquidations.

Odaily: Bitcoin News posted on X that the Netherlands' Box 3 tax bill currently under parliamentary review proposes taxing investments based on actual annual returns, including the appreciation of unsold assets; when calculating actual returns, the Dutch Tax and Customs Administration explicitly includes crypto assets held in personal wallets, exchanges, or with third parties.

The Dutch government is studying a shift toward a capital gains tax system, which would tax asset appreciation when gains are realized, but has stated that the existing 2028 proposal remains the basis during the review of related adjustments. The bill has passed the House of Representatives and still awaits Senate review, and the final system may still be adjusted before 2028.