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.

Odaily: Vitalik posted on X that approximately 90% of his net worth is held in cryptocurrency, and he believes that as related capabilities gradually mature, cybersecurity will favor the defensive side.

He stated that AI can verify "program security" as mathematical theorems, but the definition of security needs to cover risk factors including keys, servers, devices, operating systems, databases, networks, and caching layers; for security-critical components, the entire program should be verified. Vitalik said that Ethereum will advance in this direction over the coming years, and that blockchains—especially those combining scalability and privacy—need to achieve software security.

According to Gate data, the USD/JPY (USDJPY) pair has risen above 156.0, currently trading at 156.043, with a 24-hour gain of 0.6%.

Odaily News: The full text of the Federal Open Market Committee (FOMC) policy statement released by the Federal Reserve is as follows: The Federal Open Market Committee approved the release of the following statement by a 12-0 vote. The Committee decided to raise the target range for the federal funds rate by 25 basis points to 3.75%-4% to support the Federal Reserve's dual mandate. The Committee will continue its policy of maintaining ample reserves in the banking system. Economic activity is expanding at a solid pace. Although uncertainty remains elevated partly due to developments in the geopolitical situation, domestic spending has remained resilient. Productivity growth has been strong, and capital investment has been robust. Job gains have kept pace with the labor force, and the unemployment rate has changed little. Inflation remains elevated. Today's policy action will support a more timely return to the Committee's 2% objective. The Committee will achieve price stability.

Odaily News: Federal Reserve Chair Warsh stated that since Fed policymakers last met in June, the U.S. economy has strengthened, the labor market is essentially at full employment, while inflation trends have shown no improvement. Warsh said, "Even in just the past few weeks, I think there is now a wide range of data indicating that the economy has indeed strengthened. The underlying momentum of economic growth is building. The problem is inflation — the issue of price stability has persisted for more than five and a half years." (Jinshi)

Odaily News: In his opening remarks at a press conference, Federal Reserve Chair Waller emphasized that both he and other policymakers are dissatisfied with the current pace of inflation. He stated: "What we are most focused on right now is the price stability side of our monetary policy mandate. The fact is simple: inflation is too high, and it has persisted for too long. The inflation data this summer has not shown me any meaningful improvement in the underlying trend." He pointed out that in recent CPI and PPI data, there are still too many categories with gains exceeding 3% over the past 6 months and 12 months. The Fed Chair emphasized that the FOMC's goals are clear and crucial: achieving full employment and price stability, and promoting a thriving U.S. economy that serves as a global benchmark. (Jinshi)

Odaily reports, according to Gate data, gold (XAUUSD) has fallen to $4,250/oz, currently at $4,236.96/oz, a 24-hour decline of 1.6%.

Odaily: White House spokesperson says the Fed's rate hike is "quite regrettable." (Jinshi)