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.

Odaily Report: The U.S. House Financial Services Committee passed the American Reserve Modernization Act, introduced by Representative Nick Begich, by a vote of 28 to 21.

According to Onchain Lens monitoring, Wintermute transferred 2,550 BTC to Binance, worth approximately $192.91 million.

Odaily News: According to a research report by Huatai Securities, looking ahead, with the Fed's September rate hike now implemented, December may be the next period of substantive debate over a rate hike, and whether the Fed begins a rate-hiking cycle still requires more data and official statements to judge. Current market pricing puts the probability of a Fed rate hike in October at over 50%, but Huatai Securities believes that with the decline in fiscal impulse, the growing erosion of oil prices on household consumption, and tightening financial conditions, employment and inflation data may cool somewhat over the next 1-2 months. The necessity for a Fed rate hike in October has decreased, and another rate hike in December is expected as the baseline scenario, while the Fed's rate path in 2027 will depend on subsequent economic data, particularly whether the job market will continue to improve, thereby driving a rebound in wage growth, as well as the trajectory of inflation. (Jinshi)

Odaily reports, according to GMGN data, mainstream platforms and Meme coins in the Arc ecosystem have experienced widespread declines, including:

1. AGRUS market cap temporarily at $18.3 million, down 17.05% in 6 hours;

2. TOLLY market cap temporarily at $5.47 million, down 37.86% in 6 hours;

3. Long market cap temporarily at $3.14 million, down 37.36% in 24 hours;

4. COOL market cap temporarily at $1.37 million, down 54.4% in 24 hours;

5. Architects market cap temporarily at $732,500, down 61.09% in 24 hours;

6. ARCAT market cap temporarily at $699,300, down 45.98% in 6 hours.

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

Odaily News: According to CME's "FedWatch" data, the probability that the Federal Reserve will keep interest rates unchanged at its October meeting is 50.2%, while the probability of a 25 basis point rate hike is 49.8%.

Odaily News: According to Gate data, South Korea's KOSPI index opened up 67.4 points on September 17 (Thursday), a gain of 1.0%, at 6785.37 points. The Nikkei 225 index opened up 661.77 points on September 17 (Thursday), a gain of 1.04%, at 64584.77 points.

Odaily reports that Bonk Guy stated in their personal channel that USELESS whale inflows reached approximately $12 million over the past month, a scale significantly higher than other Solana meme coins.

Bonk Guy previously also stated that Wintermute has continued to use funds from Binance and Bybit to buy USELESS, with purchases reaching millions of dollars. Additionally, data shows that other whales have also made large-scale purchases of USELESS over the past month, with cumulative amounts reaching the tens of millions of dollars level.

Odaily News: The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a vote of 38 to 5, advancing the bill to the full House for further consideration.

The bill aims to clarify tax rules for digital assets, including setting a $10 de minimis threshold for everyday crypto payments, and addresses crypto income recognition, asset transfers, wash sale rules, mining, staking, and broker-related tax requirements, in order to promote tax treatment of digital assets similar to that of other financial assets. The vote took place less than 24 hours after the CLARITY Act failed to pass a key procedural vote in the Senate. (CoinDesk)

Odaily News: U.S. President Trump stated on social media that U.S. interest rates should be lowered to 1% or lower, citing that the United States has the strongest credit in the world and that the current economy is attracting substantial new investment. Trump said that if the United States stopped trading with countries that have trade deficits, the U.S. could gain at least $1.5 trillion annually.

He stated that "deficit" essentially means "loss," and said that the situation where the United States has long borne the cost of global trade cannot continue. Trump once again urged the Federal Reserve to quickly lower interest rates, saying that reducing borrowing costs would help the U.S. economy develop.

Odaily News: According to MSX.COM data, at the U.S. stock market close, crypto-related stocks fell broadly. Circle dropped over 6%, Robinhood fell more than 5%, Coinbase declined over 4%, Bitmine dropped more than 3%, and Strategy fell over 2%. SpaceX rose more than 5%. In addition, some optical communications and memory chip stocks gained, with Lumentum up over 9%, Coherent up more than 6%, and Marvell Technology and Intel each up over 3%.

According to Onchain Lens monitoring, a whale withdrew a total of 15,300 ZEC, worth approximately $17.92 million, from Binance, OKX, and Kraken.