Odaily reports that Bybit today announced the official launch of Bybit Odds. This is a brand-new trading product that allows users to express directional views on the price movements of Bitcoin (BTC) and Ethereum (ETH), and complete trades with fixed potential returns and zero liquidation risk.

Bybit Odds is designed to eliminate the complexity and uncertainty commonly found in crypto derivatives trading. Users allocate USDT to a specific price outcome. If the prediction is correct, they receive a pre-displayed fixed payout at settlement; if the prediction is incorrect, they only lose the allocated amount, with no additional losses. The maximum return and maximum loss of each trade are clearly visible before confirmation.

Bybit Odds offers three contract structures to suit different timeframes and risk preferences:

Up/Down — Predict whether the price will rise or fall relative to the entry price, with settlement in 5 minutes or 15 minutes.

Price Target — Predict whether the price will be above or below a specified level at expiry, with contract terms of up to 7 days.

Price Range — Predict whether the price will remain within or break out of a specified range at expiry, with contract terms of up to 7 days.

The minimum participation amount per trade is 5 USDT. Bybit Odds is deeply integrated with the Unified Trading Account (UTA), allowing users to directly use existing funds without additional transfers. Product pricing is supported by institutional market makers, ensuring competitive quotes and ample liquidity across all contract types.

Odaily reports: Crypto researcher Ignas posted on X platform, stating that he currently has "no FOMO" about trading on Arc, believing that Arc focuses more on forex, payments, and tokenization scenarios, and that the team's support for Crypto Native culture is relatively limited.

Ignas stated that one of Arc's potential attractions may come from an ARC token airdrop. He noted that Arc has plans for 60% of its tokens to be allocated to the "ecosystem," but expects that the relevant tokens will be used more to incentivize ecosystem partners in payments, forex, and tokenization rather than Degen traders. Additionally, he believes that from Robinhood and Solana to Arc, the "Meme coin + stocks" playbook is being repeated, and unless Arc introduces a new narrative, he will look at other trading opportunities.

Odaily reports, according to Dune data, Arc mainnet recorded 7.76 million transactions on its first trading day, generating approximately $280,000 in fees. Meanwhile, Uniswap's single-day trading volume on Arc exceeded $410 million.

Additionally, Arc uses USDC as its native gas token, with single-day USDC transfer volume approaching $1 billion and total on-chain USDC reaching $650 million. New addresses on the day exceeded 700,000, bringing the total number of addresses past 840,000.

1. The Fed raised interest rates by 25 basis points for the first time in three years;

2. Celsius sues BitMEX over 2020 liquidation event, seeks to recover 6,360 BTC;

3. Trump says U.S. interest rates should fall below 1%, urges the Fed to cut rates quickly;

4. The U.S. House Financial Services Committee passed the American Reserve Modernization Act;

5. The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a vote of 38 to 5;

6. Paradigm founder: The Zcash developer fund is very important, and pure coin-weighted voting may be detrimental to building long-term trust;

7. Worth approximately $13.55 million, a certain WLFI multisig wallet transferred a cumulative 248 million WLFI to Binance over the past month;

8. Losing approximately $890,000 in 3 hours, a certain whale was liquidated after shorting 8,120 ZEC with 10x leverage;

9. Bonk Guy: Over the past month, USELESS whale inflows totaled approximately $12 million.

Odaily reports that according to Gate data, gold (XAUUSD) briefly pulled back to $4,300/oz, now trading at $4,306.36/oz, up 0.6% over 24 hours.

Odaily reports: A Fox Business crypto reporter posted on X that 7 U.S. Senate Democrats, including Gillibrand, Mark Warner, Ruben Gallego, and Angela Alsobrooks, said they are committed to advancing the Clarity Act through bipartisan efforts. According to 3 people familiar with the matter, initial attempts are underway to restart bipartisan negotiations and assess both sides' willingness to return to the negotiating table before the end of the year to push for the bill's passage.

Odaily News: According to MSX.COM data, at the US stock market close, the Dow fell 1.21%, the S&P 500 declined 0.45%, the Nasdaq dropped 0.01%, and the VIX fear index rose 2.97%. AI concept stocks broadly declined, with onsemi down 9.02%, EPAM down 5.13%, IBM down 4.38%, UiPath down 4.22%, and SoundHound AI down 3.58%.

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 $4,280.25 per ounce, with an intraday gain of 0.38%. The price of silver has risen to $63.191 per ounce, with an intraday gain of 0.86%.

In the forex market, the U.S. dollar rose 0% against the offshore Chinese yuan (USD/CNH) intraday, with the current exchange rate at 6.71215. The U.S. dollar fell 0.03% against the Japanese yen (USD/JPY) intraday, with the current exchange rate at 156.205.

In global stock indices, the Euro Stoxx 50 Index (EUSTX50) rose 0.02% intraday, reported at 6,261.94 points; the UK FTSE 100 Index (UK100) fell 0.02% intraday, reported at 10,716 points; the Germany DAX 40 Index (GER40) rose 0.41% intraday, reported at 25,671.6 points.

In commodities, WTI crude oil fell 0.81% intraday, reported at $101.34 per barrel. Brent crude oil fell 0.76% intraday, reported at $105.18 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, 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 News — According to on-chain analyst Yu Jin, a whale shorted ZEC ahead of the Federal Reserve's interest rate decision. At around 11 PM last night, when the ZEC price was approximately $1,245, the whale opened a 10x leveraged short position of 8,120 ZEC, with the position value at approximately $10.11 million.

About 3 hours later, as ZEC rose above $1,390, the whale's short position was fully liquidated, resulting in a cumulative loss of approximately $890,000.

Odaily News — The administrator of Celsius Network's bankruptcy estate has sued five BitMEX-related entities over forced liquidations during the March 2020 market crash, seeking to recover 6,360 BTC, currently worth approximately $495 million.

Celsius claims it lost 1,325.84 BTC in a liquidation on March 12, 2020, and is also pursuing related claims assigned by investment fund JST, which lost 5,034.33 BTC the following day. The lawsuit alleges that BitMEX manipulated the market and improperly liquidated customer collateral through its platform's liquidation mechanism. The allegations have not yet been proven in court. (CoinDesk)

According to an official announcement, Upbit will list PYUSD and JPYC trading pairs for Korean Won, BTC, and USDT.

Odaily reports that Paradigm co-founder Matt Huang posted on the X platform outlining some views on Zcash. He stated that blockchain ecosystems generally face the challenge of long-term funding sources, especially for public goods financing, and that funding developer funds through an inflation mechanism is a viable approach. He believes that amid the backdrop of AI-enhanced cyberattack capabilities and the rapid development of quantum technology, the Zcash developer fund remains highly significant.

Matt Huang also stated that as Zcash gains greater acceptance and adoption as a privacy supplement to Bitcoin, governance relying purely on coin-holder voting may introduce unpredictability and affect its ability to build long-term trust as a monetary asset. Therefore, Zcash is better suited to combining coin-holder voting with other governance approaches. Matt Huang also disclosed that Paradigm is an investor in ZEC and ZODL.

In the early hours of today, ZEC briefly broke above $1,385, setting a new all-time high.

Odaily reports, according to SoSoValue data, yesterday (September 16, U.S. Eastern Time), the total daily net inflow for SOL spot ETFs was $836,900.

Among them, Bitwise Solana Staking ETF (BSOL) recorded a daily net inflow of $2.6918 million, with total historical net inflow now reaching $1.042 billion.

Grayscale Solana Trust (GSOL) recorded a daily net outflow of $1.8549 million, with total historical net inflow now reaching $136 million.

As of press time, the total net asset value of SOL spot ETFs stands at $1.380 billion, with a SOL net asset ratio of 2.38%, and cumulative historical net inflow has reached $1.370 billion.

According to SoSoValue data, yesterday (September 16, US Eastern Time), HYPE spot ETFs recorded a total daily net inflow of $1.669 million.

Yesterday, only the Grayscale Hyperliquid Staking ETF (HYPG) saw net inflows, with a single-day net inflow of $1.669 million, bringing its total historical net inflow to $141 million.

As of press time, the total net asset value of HYPE spot ETFs stands at $417 million, with a HYPE net asset ratio of 2.38% and cumulative historical net inflows reaching $328 million.

According to SoSoValue data, yesterday (September 16, US Eastern Time), XRP spot ETFs recorded total daily net inflows of $3.5013 million.

Yesterday, only the Franklin XRP ETF (XRPZ) saw net inflows, with a single-day net inflow of $3.5013 million, bringing its total historical net inflows to $483 million.

As of press time, the total net asset value of XRP spot ETFs stands at $1.396 billion, with an XRP net asset ratio of 1.70%, and cumulative historical net inflows have reached $1.716 billion.

According to monitoring by on-chain analyst Yu Jin, a multisig wallet of WLFI transferred 88 million WLFI to Binance about half an hour ago, worth approximately $5.09 million. This address has gradually transferred a total of 248 million WLFI to Binance over the past month, with a total value of approximately $13.55 million.