According to Odaily, BitcoinTreasuries.NET posted on X that MSTR, under Bitcoin reserve company Strategy, has surpassed MS, under financial giant Morgan Stanley, in trading volume, becoming the 25th most-traded stock in the U.S. MSTR's trading volume is higher than that of several companies with market capitalizations in the trillions of dollars.
Odaily News: At 2 AM Beijing time on Thursday, the Federal Reserve will announce its interest rate decision, followed by a press conference by Warsh. Market pricing puts the probability of a 25 basis point rate hike at over 90%, while oil prices have already risen above $100, and the 10-year U.S. Treasury yield has broken through the key psychological threshold of 5%. The real focus of this meeting may not be whether to hike, but whether the dot plot is more hawkish, how the subsequent path is described, and what signals will be released at the press conference. Market volatility may intensify sharply at that time, and investors are advised to be aware of the risks. (Jinshi)
Odaily reports: South Korean stock market turnover has fallen to its lowest level this year, with investor enthusiasm fading, suggesting that this AI-heavy market may struggle to return to its previous highs. The KOSPI Index's average daily turnover in September fell to 20.6 trillion won ($15 billion), the smallest of 2026 and less than half of the peak months of May and June.
Earlier this year, retail buying frenzy driven by AI enthusiasm pushed South Korean stocks to new highs, followed by doubts over returns triggering a 22% selloff in July. The benchmark index has since rebounded but has failed to sustain its footing above the key 7,000 level. Analyst Jason Minsang Kam said: "Volatility should decline further, and chip cycle doubts should clear, with the index expected to trade in a range." (Jinshi)
Odaily News: According to Gate data, Brent crude oil (XBRUSD) fell to $108/barrel, currently at $107.94/barrel, a 24-hour decline of 0.4%.
Odaily News: Zhipu (02513.HK) stated during a conference call with analysts and investors that it has signed revenue-sharing agreements with multiple leading cloud service providers both domestically and internationally, with related revenue to be recognized starting in October. The collaboration model involves the GLM series open-source models being offered as hosted APIs on overseas cloud platforms. The company's current all-business ARR has reached $1.8 billion, and its year-end ARR guidance has been raised from $2.4 billion to $3 billion. (Jinshi)
According to official sources, the sixth round of La Liga will feature a highly anticipated matchup. On September 17 at 03:30 (UTC+8), Barcelona will face off against Racing Santander. Current Gate Event Market data shows Barcelona's support rate at 92%, Racing Santander's support rate at 3%, and the draw support rate at 5%. Users can view the relevant match on the Gate Event dedicated page and participate in event trading.
The Gate Event Points Program Season 5 is currently underway, with the total prize pool having reached 41,543 USDT, of which the points prize pool is 13,104 USDT and the lucky grand prize pool is 28,439 USDT. As of now, the Top 1 on the leaderboard is estimated to receive 4,914 USDT. As the campaign continues, users can participate in related activities to compete for this season's points rewards and lucky grand prizes.
In addition, Gate's "Event Market Mid-Autumn Festival Giveaway" campaign is now live and will run until September 28 at 18:00 (UTC+8). During the campaign, new users who complete their first event trade with an amount ≥20 USDT will be compensated 1:1 for actual losses if any occur, up to a maximum of 20 USDT per person; all users who complete a daily valid trading volume ≥200 USDT can participate in the trading check-in, and cumulative check-ins allow users to share 28,000 USDT, while VIP users can also participate in sharing a dedicated prize pool of 10,000 USDT. Meanwhile, participating in event market trading earns users Event Points scratch cards with a 100% win rate, and a chance to win the 88,888 PTS super lucky prize.
Odaily: In this morning's procedural vote on the CLARITY Act, Republican Senator Thom Tillis initially voted YES, but after the situation became clear and the Cloture Motion was confirmed to have failed, he changed his vote to NO.
According to Senate procedural rules, only senators who vote with the winning side (the majority) are eligible to file a Motion to Reconsider a failed cloture motion. By switching his vote from YES to NO, Tillis is able to formally file a motion to reconsider. This preserves a pathway for the Senate to hold another cloture vote on the CLARITY Act without having to restart the entire legislative process from scratch. Had Tillis insisted on voting YES, he himself would not have been able to file the motion — but after the vote switch, Republicans now have an opportunity at the Senate level to once again initiate a cloture vote.
According to data disclosed by the Legislative Research Service of the National Assembly of South Korea, the share swap transaction between Dunamu, the parent company of Upbit, and a subsidiary of NAVER may simultaneously face the minimum subsidiary shareholding ratio requirements stipulated by the Fair Trade Act, as well as the shareholding cap for major shareholders of virtual asset trading platforms.
If NAVER Pay is converted into a holding company in the future and includes the trading platform as a subsidiary, it may need to adjust its governance structure. South Korea's Fair Trade Act stipulates that a holding company's shareholding ratio in a listed subsidiary shall not be less than 30%, and not less than 50% for an unlisted subsidiary; the shareholding ratio for a venture capital holding company shall not be less than 20%.
Odaily news: According to Pump.fun data, Chinese KOL 0xSun's account is still down over $82,000, with the largest single-token loss recorded on the Meme coin FLYBRAIN, where he invested $49,800 and incurred an unrealized loss of $41,000.
Earlier reports indicated that in early August, 0xSun announced a partnership with Pump.fun, joining the platform to open a trading account and resume trading Meme coins.
Odaily News: Zhipu (02513.HK) stated during a conference call with analysts and investors that the company has just completed a total of $5 billion in refinancing through a "small equity, large debt" structure, and that this financing was driven by the need to expand computing power. After the release of GLM-5 in February, Zhipu saw demand for model API calls surge 10-fold, and the company's computing power reserves were nearly exhausted in the very week of the launch, forcing it to suspend sales of its flagship product, the Coding plan.
In response, Zhipu actively responded by completing $4 billion in refinancing in July, finally making large-scale arrangements for computing power expansion. After raising another $5 billion on September 11, it once again firmly expanded its computing power layout. Following this expansion, Zhipu's computing power has begun to reach scale, and is now able to support the company's rapid business growth and continued R&D of larger-scale models. (Jinshi)
Odaily News: According to Gate data, South Korea's KOSPI index closed up 90.71 points, or 1.37%, at 6,717.97 on September 16 (Wednesday). SK Hynix rose 4.08%, and Samsung Electronics rose 2.01%. The Nikkei 225 index closed up 438.90 points, or 0.69%, at 63,923.00 on September 16 (Wednesday).
Odaily News: At dawn Beijing time on Thursday, the Federal Reserve is set to announce its interest rate decision, drawing intense global market attention. On Tuesday US Eastern Time, UBS analysts said there is no need for excessive panic over the anticipated rate hike, as historical data shows that after a rate hike cycle officially begins, the stock market tends to demonstrate strong resilience. UBS maintained its S&P 500 targets unchanged: 8,100 by year-end and 8,400 by mid-2027.
A UBS strategy team led by David Lefkowitz reviewed 16 Fed rate hike cycles since 1954: the S&P 500 posted an average gain of 10.8% in the 12 months following the first rate hike. They also reached a key historical conclusion: in the year after a rate hike cycle begins, the US stock market has never entered a bear market.
Odaily reports, according to Lookonchain monitoring, Bonk Guy (Unipcs)'s portfolio has decreased by $12.6 million over the past 10 days, but he still has not sold PONS, USELESS, or MarsCoin.
Odaily News: Approximately 2.4 million ZEC participated in the privacy-protection vote for Zcash's next major network upgrade, NU7, accounting for about two-thirds of the tokens eligible to vote.
Voters supported shortening the block time to 25 seconds, retaining the Bitcoin-style halving schedule, and launching NU7 as soon as possible; they also supported postponing the reissuance of fees collected by the network sustainability mechanism until February 2031 and disabling transactions related to the deprecated Sprout privacy system. (CoinDesk)
Odaily reports that Block CEO Jack Dorsey has expressed support for review, independent evaluation, and planning of frontier AI, but opposes governments and leading AI companies negotiating industry-wide development restrictions.
He advocates for an open-release approach that allows outside parties to reproduce results, identify problems, and develop alternatives, and supports providing models, computing power, and public infrastructure to independent researchers and safety researchers.
Block is developing open-source AI tools and provides Bitcoin-related services across products including Square and Cash App. The company has also launched the open-source AI agent goose, and is developing Bitcoin mining hardware Proto and hardware wallet Bitkey. (Bitcoin.com News)
Odaily News: Felipe Villarroel of TwentyFour Asset Management said in a report that the Federal Reserve faces a difficult balancing act. The portfolio manager stated: "Although inflation remains above target, and recent developments—especially the rise in oil prices related to Middle East tensions—have added upward pressure, the U.S. economy continues to show resilience." Markets are pricing in a 25 basis point rate hike by the Fed on Wednesday. TwentyFour also believes this is the most likely outcome.
Villarroel said: "More important than the current inflation level is whether inflation can return to target quickly enough to prevent inflation expectations from becoming entrenched." He noted that recent remarks by Fed Chair Warsh indicate a high focus on restoring the Fed's anti-inflation credibility, but this meeting will for the first time truly demonstrate how this translates into policy. (Jinshi)


