Odaily reports that according to BitcoinTreasuries.NET, Strive pre-market trading has opened, with SATA just $0.05 away from par value and expected to begin accumulating bitcoin soon. So far this week, Strive has raised enough funds to purchase over 130 bitcoins.

Odaily News: Markets have increased their bets on a Federal Reserve rate hike at next week's meeting. The first key inflation report released this week showed that U.S. producer prices rose 5.4% in the 12 months through August. Before the report was released, the market expected about a 65% probability that the Fed would raise rates by 25 basis points at its September 15-16 meeting. According to the price of federal funds futures contracts on the Chicago Mercantile Exchange (CME), the market now expects that probability to have risen to about 70%.

Odaily reports that data shows the U.S. August PPI annual rate came in at 2.4%, higher than the market expectation of 5.3%, while the August core PPI monthly rate came in at 0.2%, below the market expectation of 0.3%, sending mixed signals as Fed officials debate whether to raise rates next week.

Following the PPI data release, the market has fully priced in a Fed rate hike in October. This PPI report was published one day before the latest CPI data is released, which is expected to show relatively mild so-called core inflation.

Some Fed officials have hinted that the rate decision at the September 15-16 meeting may depend on what this week's reports reveal. Fed Chair Warsh said in a speech last month that if policymakers cannot be confident that underlying inflation trends are improving significantly, the Fed "still has work to do." Amid ongoing hostilities between the U.S. and Iran, a renewed rise in oil prices could further complicate the outlook.

Odaily News: The US midterm election season has entered its final stage, and Wall Street is busy devising strategies for a range of scenarios. However, by a stroke of luck, the outcome that is best for markets also appears to be the most likely. Investors are growing increasingly confident that Democrats will take the House in November, while believing that Republicans hold only a slim advantage in the Senate. In the view of many market observers, this is the most ideal combination with the least disruptive policy risk. Although confidence in this outcome is not unfounded, it is far from a sure thing.

Prediction markets currently favor Democrats winning control of the House. However, the Senate race has become more of a toss-up, with Republicans currently holding a slight lead on Kalshi and Polymarket. Futures markets tied to the Chicago Board Options Exchange Volatility Index show rising demand for protection against S&P 500 volatility in early November. Evercore ISI recommends that traders position for potential market swings by using so-called straddle option combinations on the State Street SPDR S&P 500 ETF Trust. (WSJ)

Odaily reports that according to Bitcoin News monitoring, Samson Mow has warned the alleged white hat hacker behind the Liquid attack that they may have left behind more clues than they realize. Mow stated, "The net of justice is wide and inescapable; no one will be spared." Mow also questioned the attacker's demand to return Bitcoin in exchange for a bounty, asking whether it is wise to publicly admit to taking Bitcoin and demand a bounty in return. Mow pointed out that Liquid's approximately $5 billion in assets, including L-BTC, Tether, and real-world assets, all belong to their respective issuers and holders, and cannot be used as a basis for calculating a bounty. Regardless of how other matters are negotiated, all user assets must be fully returned.

Odaily reports: US stock analyst Paradis posted on X that the suspected "AI stock god" Leopold Aschenbrenner and his fund Situational Awareness appear to be making a comeback.

Paradis noted that since last Friday, mysterious funds have begun intensively buying several highly concentrated massive custom AI-related options (FLEX Calls), with total premium reaching $315 million; Delta exposure of $1.1 billion; Vega of $5.8 million. Position details are as follows.

- SNDK: January-expiry 2040/2200 call options — $57 million premium, $198 million Delta, $1.04 million Vega.

- BE: January-expiry 250/310 call options — $48 million premium, $140 million Delta, $565,000 Vega.

- INTC: January-expiry 105/115 call options — $48 million premium, $185 million Delta, $870,000 Vega.

- CRWV: January-expiry 105/115 call options — $43 million premium, $160 million Delta, $770,000 Vega.

- DRAM: January-expiry 65/70 call options — $43 million premium, $173 million Delta, $855,000 Vega.

- SKHY: January-expiry 190/210 call options — $39 million premium, $148 million Delta, $710,000 Vega.

- AMD: January-expiry 540/580 call options — $36 million premium, $193 million Delta, $1.08 million Vega.

If we next see similar large block FLEX call option buy orders on MU, NBIS, and TSM, that would essentially confirm it was Leopold and his fund behind the trades.

The above data comes from CBOE. Trading desks at Nomura (NMR) and Goldman Sachs (GS) currently share the same view, both believing there is a "single mysterious buyer" behind it.

Odaily Report: According to GMGN data, potentially driven by its listing on Robinhood, the Robinhood Meme coin FRONG's market cap reached $17.6 million, setting a new high, and is now at $15.37 million, with a 24-hour gain of 192%.

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

Odaily report: According to Lookonchain monitoring, a wallet suspected to be associated with Cumberland (0x091D...8336) has been buying PONS daily over the past week, accumulating 8.5 million PONS worth $6.55 million withdrawn from Gate.

Odaily News: According to GMGN data, possibly influenced by its listing on Robinhood, the market cap of Robinhood Meme coin JUGGERNAUT briefly surpassed $25 million, hitting a new high, and is now at $22.63 million, with a 24-hour gain of 656%.

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

Odaily News: According to market sources, Robinhood has listed JUGGERNAUT and FRONG.

Odaily: After the release of US PPI data, US short-term interest rate futures edged lower, and markets raised their bets on a Federal Reserve rate hike.

Odaily reports that ARK Invest crypto analyst Lorenzo Valente has stated that stablecoins exhibit obvious network effects. Although thousands of stablecoins exist in the market, as market cap thresholds rise, the number of coins in each tier quickly flattens out. What truly deserves attention now are stablecoins with market caps exceeding $10 billion that are progressively advancing toward the $100 billion and $500 billion levels. Data shows that the number of stablecoins with market caps above $1 billion has only grown from single digits since 2021 to 12 at present, while the number of stablecoins with market caps above $10 billion has actually declined from its 2022 peak, with only Tether and Circle's stablecoins remaining. Valente believes that entering the $10 billion market cap club is already extremely difficult, the $100 billion stablecoin tier may be contested by only two players for a long time to come, and the $500 billion tier may see only one player reach it over the next two years or more.