Odaily: US cryptocurrency exchange Coinbase has had its membership terminated by UK Finance, the UK financial services lobbying group. Sources familiar with the matter said the UK Finance board wrote to Coinbase last week to notify it of the termination. The report noted that the move comes as the digital asset industry's influence in UK policy discussions is growing. (Bloomberg)
Odaily reports, according to Coinglass data, total liquidations across the network amounted to $230 million in the past hour, of which long liquidations were $223 million and short liquidations were $7.35 million. In addition, ETH liquidations reached $59.91 million, and BTC liquidations reached $60.88 million.
Odaily reports that Alexander Pack, co-founder of Hack VC, posted on X platform stating that Hack VC has had no direct contact with Hsin-Ju for over 10 months. He currently does not know the specific circumstances of her passing and has no further information, and called on all parties to respect those who are experiencing grief. Alexander Pack said the team was shocked and saddened by the news of Hsin-Ju's passing, and expressed their condolences to her family, friends, and all those who were close to her.
Odaily News: The AI boom has once again gained market funding support. Investors who had previously questioned AI investment returns and worried about excessively high tech stock valuations are now readjusting their views.
As major tech companies continue to increase AI infrastructure spending and related companies maintain resilient performance, the market is beginning to search for the next stage of growth pathways in the AI industry.
Over the past year, debates surrounding artificial intelligence have persisted. On one hand, companies such as Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), and Google (GOOGL) have continued to invest hundreds of billions of dollars in building AI computing infrastructure, driving demand growth in chips, cloud computing, and data centers; on the other hand, some investors believe that while AI capital expenditure is enormous, actual commercial returns for enterprises still need time to be verified, and tech stock valuations have already priced in excessive optimism.
Recent market performance shows that capital is flowing back into AI-related assets. Investors who had previously bet that the AI rally was overdone and that tech stocks would face a correction are now reducing their bearish positions, with some traders beginning to look for new upside potential. (WSJ)
Odaily: As markets bet on further interest rate hikes from the Federal Reserve, the dollar rose to its highest level against a basket of currencies since late July. The Fed raised rates by 25 basis points last week and signaled at least one more hike this year, with the dollar finding support as rate hike expectations continue to build. During European afternoon trading, a renewed rise in energy prices also boosted the dollar, with Brent crude climbing back above $100 per barrel.
Due to the dollar's safe-haven properties and the United States' status as a net oil exporter, rising energy prices typically benefit the dollar. However, with rate expectations becoming the dominant factor, the dollar's sensitivity to oil price fluctuations has diminished. "The medium- to long-term dollar strength we had forecast may finally be starting to materialize," Standard Chartered strategist Steve Englander said in a report. (Jinshi)
Odaily News: Federal Reserve Governor Barr stated that further rate hikes may be needed to ensure a timely return to the 2% inflation target, and additional policy adjustments may be necessary to ensure inflation falls to the target level in a timely manner. Inflation has not clearly trended toward the target in a timely way; economic growth is strong, the labor market is solid, the Federal Reserve is in an unfavorable position, and it has already adjusted in the right direction.
Odaily reports that Optimism has announced that KB Securities, a South Korean securities firm, has signed a memorandum of understanding with Securitize and Optimism, planning to launch tokenized financial products for Korean institutional investors based on OP Mainnet. The initial products include tokenized money market funds and a fund based on KB Asset Management's flagship strategy. The three parties also plan to explore products such as tokenized stocks and ADRs, corporate bonds, and Korean government bonds.
Odaily News: Bitwise has released its first "Institutional Crypto Asset Adoption" report, based on interviews with investment professionals responsible for crypto asset allocation at 15 large institutions. The report states that between Q4 2025 and Q2 2026, the crypto market experienced an overall drawdown of approximately 50%, yet none of the surveyed institutions reduced their crypto asset allocations, and some even increased their holdings further. All surveyed institutions holding crypto assets hold Bitcoin, with most viewing it as a store of value and ranking it alongside gold as a hedge against fiat currency depreciation. The report also shows that the surveyed institutions' crypto asset allocation ratios range from 0.5% to 13% of investable assets, with most concentrated between 1% and 2%.
According to Odaily, predict.fun announced on X that it has launched a stock up/down prediction market, where users can predict popular stock prices within a 15-minute window. The market is powered by Chainlink and queries Binance futures index prices. The market is only available on BNB Chain and currently supports stocks such as AMZN, Nvidia, and META.
Odaily News: The European Securities and Markets Authority (ESMA) will include AI and tokenization in the EU's strategic supervisory priorities starting in 2027, coordinating relevant oversight among member state regulators.
Regulators will map out AI and tokenization applications oriented toward investors, document how financial institutions are using or planning to use them in products and processes, and conduct preliminary examinations of some affected institutions.
ESMA will focus on risks such as biased or misleading AI outputs, products that are difficult for investors to understand, and reliance on a small number of third-party vendors. This matter will be advanced in parallel with the cyber and operational resilience supervisory priorities launched in 2025. (Cointelegraph)
Odaily News: According to Lookonchain monitoring, on September 23, Bitcoin ETFs recorded a single-day net inflow of 7,107 BTC, valued at $609 million; over the past 7 days, the net inflow was 20,738 BTC, valued at $1.78 billion. Ethereum ETFs recorded a single-day net inflow of 67,597 ETH, valued at $184 million; over the past 7 days, the net inflow was 86,117 ETH, valued at $234 million.
According to MSX.COM data, some AI application software stocks in the U.S. market rose. Palantir surged over 4% in early trading, ServiceNow gained over 2%, Salesforce and Snowflake rose nearly 2%, and Shopify climbed over 1%; Applovin fell nearly 6%.
Odaily reports that Bitcoin News posted on X that the Bitaxe Naja Duo is now in stock and shipping from the United States. Developed by @SoloSatoshi, this device is the first Bitaxe to use multiple BM1373 chips and is assembled in the United States; it has a hash rate of 4.4 TH/s, power consumption of about 42 watts, and energy efficiency 1.6 times that of the Bitaxe Gamma.
According to Gate data, the US dollar to Japanese yen (USD/JPY) exchange rate has risen above 158.0, currently at 158.007, with a 24-hour gain of 0.5%.
