Odaily News: Ric Edelman, founder of U.S. investment advisory firm Edelman Financial Services, recommends that his clients allocate up to 40% of their portfolios to Bitcoin. Edelman stated that a 1% or 2% allocation is far from sufficient and that the allocation ratio should be increased; market performance supports this view. (Bitcoin Treasuries)
Odaily reports: Major U.S. exchanges are drawing up plans to expand and promote stock trading outside traditional trading hours, and the era of 24-hour, round-the-clock U.S. stock trading may be approaching. The New York Stock Exchange and Nasdaq have previously offered pre-market and after-hours trading, but trading activity during these periods is usually low.
With the development of 24-hour cryptocurrency trading platforms, stock trading platforms, and round-the-clock prediction markets such as Polymarket and Kalshi, combined with growing demand from investors outside the United States for round-the-clock liquidity and timely trading, major exchanges are seeking to further extend stock trading hours. (Bloomberg)
According to an official announcement, OKX will list XDPUSD-margined X-Perpetual (X-Perp) on its website, App, and API. Detailed rules are as follows: the supported trading pair is XDPUSD UM (X-Perp), and the trading start time is 23:00 (UTC+8) on September 28, 2026.
According to MSX.COM data, the US semiconductor sector mostly declined, with the Philadelphia Semiconductor Index falling 1.5%; among constituent stocks, ARM dropped over 8%, Qualcomm fell over 7%, Intel declined over 4%, Marvell Technology and AMD dropped over 3%, and Micron Technology fell over 2%; Nvidia bucked the trend, rising over 3%.
Odaily reports that Bubblemaps stated on X platform that the current top 10 fomo platform traders have unrealized gains exceeding $50 million on paper, but if they were to actually sell their positions, the final profits could be far below the paper value. Bubblemaps noted that by taking the largest positions of the top 10 Fomo traders and simulating the value of their positions after actual selling, it found that leaderboards typically calculate position value based on a fixed token price, without accounting for the impact that large sell orders would have on the token price.
Odaily News: Physical AI company SiMa.ai has announced the completion of a $150 million Series C funding round, co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital, Maverick Capital, Point72, StepStone Group, and others. AllianceBernstein, Baron Capital, JPMorgan Chase, and the State of Michigan joined as new investors. The company's cumulative funding has reached $500 million, with a valuation of $1.45 billion. It is reported that the funds will be used to accelerate the scaling of its Palette Neat agent software environment, and the company plans to launch a dedicated physical AI chip capable of achieving 1000 dense TOPS of computing power in the first half of 2028. (Businesswire)
Odaily News: If Democrats control the House or Senate after the November midterm elections, they are expected to launch investigations into business dealings related to Trump and his family, with a focus on their involvement in cryptocurrency, prediction markets, and investment businesses, as well as companies that provide funding to White House projects.
Controlling either chamber of Congress would give Democrats more committee investigative resources and subpoena power, with some investigations potentially beginning as early as February next year. Among the entities repeatedly mentioned so far are 1789 Capital, a venture capital firm in which Donald Trump Jr. is involved, and crypto companies tied to the Trump family, but no final investigative list has yet been formed. Republican Senator John Curtis has also previously called for an investigation into some of Donald Trump Jr.'s business relationships.
Odaily News: An official familiar with the U.S.-Iran negotiations revealed that the United States and Iran are expected to hold another round of talks through mediators on the 28th or 29th. Iranian Foreign Minister Araghchi and Qatari mediators are currently in the United States, and the talks are expected to focus on revising Iran's proposal to reopen the Strait of Hormuz within seven days, which was put forward during the United Nations General Assembly. On the 22nd, U.S. Special Envoy Witkoff and Trump's son-in-law Kushner held indirect talks with Iranian Foreign Minister Araghchi through Qatari mediators during the UN General Assembly in New York.
According to U.S. media reports, Iran proposed that if the United States lifts its maritime blockade, cancels oil sales sanctions, and restores a regional ceasefire, Iran would reopen the Strait of Hormuz within seven days and restart nuclear negotiations. U.S. President Trump confirmed to the media on the 26th that he had rejected Iran's proposal. On the 27th, Trump stated that he expects the United States and Iran to restart negotiations within the next week. (CLS)
Odaily News: According to MSX.COM data, the losses of the two US CPU giants widened. Advanced Micro Devices (AMD) fell 3% to $612.285 per share, with a total market capitalization of $999.5 billion. Intel dropped 5% to $116.860 per share, with a total market capitalization of $617.7 billion.
In addition, US gold and silver mining company stocks followed the decline in gold prices. Newmont Mining fell 4.7%, Harmony Gold dropped 6.7%, Hecla Mining declined 5.9%, and Coeur Mining fell 5.5%.
Odaily News: Capital Economics believes that the selloff in US Treasuries mainly stems from changes in market expectations for near-term interest rates. The 10-year US Treasury yield is now approaching its June 2007 high. Economist James Reilly noted that this move reflects rising oil prices and a strong US economy more than it does AI-related debt issuance or fiscal concerns.
Reilly expects that as the Federal Reserve tightens less than investors currently anticipate, the 10-year US Treasury yield will "fall sharply to 4.25%" by the end of 2027. He believes that although AI-related debt issuance will continue to put upward pressure on yields, its impact is not as large as media reports suggest and will be offset by changes in monetary policy expectations. As for fiscal concerns, he added that no substantial fiscal news has recently emerged that would be enough to trigger a sharp surge in yields. (Sina Finance)
Odaily Report: The Belarus High-Tech Park (HTP) has registered the country's first two crypto banks. Both institutions first obtained HTP resident company status and will subsequently need to pass certification by the National Bank of Belarus and be included in the crypto bank registry. The specific names of the institutions have not yet been disclosed. According to relevant decrees issued by Belarus this year, crypto banks may combine digital token business with banking, payment, and other related financial businesses. (TASS)
Odaily News: BNB Chain has announced the appointment of Thomas Chen as Chief Business Officer (CBO). Thomas brings 15 years of industry experience, with over 7 years focused on digital asset infrastructure, having worked extensively in capital markets, custody, trading, and business growth. In his new role at BNB Chain, he will focus on driving institutional and capital onchain, deepening liquidity, boosting trading volume, and strengthening the ecosystem's long-term value.
Odaily News: Changxin Technology announced that the company plans to use 13 billion yuan of over-raised funds to invest in a new technology R&D project, and at the same time plans to provide 5 billion yuan of over-raised funds to its wholly-owned subsidiary Changxin Storage Products (Hefei) Co., Ltd. through capital increase and loans, which will invest in the construction of the Phase II memory wafer back-end testing base project. The total investment amounts for the above projects are 24.1 billion yuan and 10.8 billion yuan, respectively. (Sina Finance)
According to MSX.COM data, at the U.S. stock market open, the Dow Jones fell 0.71%, the S&P 500 dropped 0.48%, the Nasdaq declined 0.5%, and the VIX fear index rose 7.67%. AI concept stocks fell broadly, with Atlassian down 5.15%, Snowflake down 4.63%, ServiceNow down 4.46%, UiPath down 4.23%, and Twilio down 3.4%.
It is reported that MSX is a leading RWA trading platform, having cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily reports: According to the latest Gate data, the price of gold has fallen to $4,139.79 per ounce, with an intraday decline of 3.24%. The price of silver has dropped to $61.223 per ounce, with an intraday decline of 4.26%.
In the forex market, the US dollar fell 0.07% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.7153. The US dollar fell 0.03% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 157.156.
In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.11% intraday, to 6,324.16 points; the UK FTSE 100 Index (UK100) fell 0.02% intraday, to 10,716.3 points; the German DAX 40 Index (GER40) fell 0.19% intraday, to 25,455.4 points.
In commodities, WTI crude oil rose 1.07% intraday, to $98 per barrel. Brent crude oil rose 0.59% intraday, to $103.93 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 contracts for difference (CFDs), major indices, and commodities, enabling deep integration of crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and web platform, 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: Josh, Vice President of prediction market Polymarket, stated on X that the team is fully developing a Rust-based full central limit order book (CLOB), and the current CLOB is the root cause of most of the platform's issues.
According to the plan, October will see the completion of the full order lifecycle process in the testing environment, including trading, settlement, on-chain interactions, indexer, and engine notifications; in November, all production traffic will be mirrored to the new trading cluster and results will be compared with the existing system. At the same time, testing access will be opened to market makers, and the migration and switchover plan will be finalized, with two full drills completed before the official switchover. Josh also stated that if progress goes smoothly, the new system will be officially launched afterward, and the migration is expected to require no changes or only minimal changes for market makers and developers.


