Odaily News - Trader BonkGuy (Unipcs) stated on the X platform that panic sentiment is evident across multiple group chats he is in, with many believing "the market cycle is over." He noted that market volatility itself creates opportunities, and sharp price dislocations can lead to asymmetric upside potential. In his view, any market correction before the fourth quarter can be viewed as a buying opportunity, and investors should not be shaken off by market fluctuations before the "real rally" arrives.

Odaily News: Harmony has issued a validator update announcement stating that validators may cease operating validator nodes starting from September 10, 2026, at 14:00 UTC (22:00 Beijing time). Harmony noted that the relevant transition and compensation plans have been outlined in a previous ONE migration article, and reiterated its future shift toward building an AI video re-creation economy.

Odaily News: Grok announced on platform X that it has now integrated with Coinbase. After users add the Coinbase connector, they can directly ask Grok in the chat interface to check account balances, analyze data, manage portfolios, and place or cancel orders for tradable assets on Coinbase.

Odaily News, according to MSX.COM data, US stocks closed with the storage sector trending higher. SK Hynix rose over 7%, Micron Technology gained over 2%, and SanDisk rose over 1%. The optical communications sector also advanced, with Marvell Technology up over 4% and Lumentum gaining over 1%. In addition, Meta rose over 6% following the company's launch of its personal AI agent, Muse. Apple fell 0.28% as the company unveiled the iPhone 18 Pro series and its first foldable phone, the iPhone Duo, at its product event.

Odaily News – Hunter Biden, son of former U.S. President Joe Biden, responded on X to the intense price volatility of the LAPTOP Meme coin shortly after its launch, as well as related "Rug Pull" allegations. He stated that the available liquidity at launch was insufficient to meet market demand, which—combined with technical issues and "snipers" engaging in front-running—caused the price to surge rapidly before pulling back. The price has now stabilized.

Hunter Biden stated that the team's token allocation is locked, no team members have sold tokens, and he personally has not received any profit from LAPTOP. Currently, LAPTOP's fully diluted valuation (FDV) exceeds $1 billion. The team is exploring ways to optimize liquidity and will continue advancing community development.

He also addressed the matter of distributing LAPTOP tokens for free to users who suffered losses on TRUMP, saying that external descriptions of this as a "failure" do not reflect the actual situation, and emphasized that the project will continue to move forward in the long term.

For more LAPTOP-related information, read: Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders.

Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.

Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.

Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.

Odaily News Payment technology company Visa's stablecoin settlement volume has exceeded $20 billion on an annualized basis, growing more than 15-fold from a year ago. Over 160 stablecoin-linked card programs have been launched globally, with related payment volumes increasing nearly 200% year-over-year.

Stablecoin card programs require daily settlement before cardholders repay, with some programs needing only a few million dollars per transaction while settling continuously seven days a week. Visa stated that some cryptocurrency-linked card businesses are constrained by working capital adapted to continuous settlement cycles, and on-chain credit can reduce financing costs by up to 30%.

Credit Coop, in partnership with Visa, launched a stablecoin-denominated revolving credit facility that has executed over 9,000 on-chain repayments. The platform has accumulated total financing exceeding $2.5 billion, processing over 3,000 borrowings and 9,000 repayments without any defaults. Visa Principal Member Rain has been using this facility to finance daily settlements since August 2023. (Bitcoin.com News)

Odaily reported that Pump.fun announced the launch of its Custom Pairs feature on Wednesday, allowing creators to choose tokenized stocks, wrapped Bitcoin, Ethereum, and metals as quoted assets when issuing tokens, no longer limited to SOL and USDC trading pairs. The number of supported quoted asset pairs has now reached 93, covering tokenized Nvidia, Tesla, and S&P 500, among others. Custom Pairs has been rolled out in the token creation form, with bonding curve and PumpSwap protocol fees consistent with standard issuance, of which 50% of the revenue will flow into the PUMP buyback and burn contract.

According to Odaily, as monitored by HyperliquidNews, HIP-3 open interest has grown again, recovering over $500 million in less than two weeks, bringing total open interest to nearly $4 billion.

Odaily News: Stablecoin issuer Circle has agreed to acquire Singapore-based payment infrastructure company Tazapay in an all-stock transaction valued at $400 million. The deal is expected to close in 2027 and remains subject to regulatory approvals, including approval from the Monetary Authority of Singapore.

Tazapay has over 60 banking and fintech partners, providing local payout infrastructure across more than 100 markets, with annualized payment volume exceeding $25 billion, of which approximately 60% of transactions involve stablecoins.

Tazapay has served as a design partner for the Circle Payments Network since 2025. Circle CEO Jeremy Allaire stated that combining USDC, Tazapay's banking network, and institutional client base can drive global adoption; Circle's Senior Vice President of Payment Business Irfan Ganchi noted that the acquisition will enhance its global payment send and receive capabilities. (Bitcoin.com News)

Odaily News: Joe Burnett, Vice President of Strive, posted on X platform that the email infrastructure of Trezor and BitBox appears to have been compromised, and the Bitcoin strengthening phase is still ongoing.

Odaily讯 美国参议院计划于 9 月 15 日就《Clarity Act》举行程序性投票。该法案拟建立数字资产联邦监管规则，并由 Securities and Exchange Commission（SEC）与 Commodity Futures Trading Commission（CFTC）分担监管职责。

Coinbase 支持的加密行业倡议组织 Stand With Crypto 表示，其成员 8 月致电或发送邮件联系国会议员近 5 万次，并组织活动及在地方报纸刊发支持法案的评论文章。加密行业团体目前已为 11 月中期选举支出至少 1.9 亿美元。

独立社区银行组织 Independent Community Bankers of America（ICBA）已安排地方银行家与参议员在其家乡州会面，并投放电视广告，要求修改法案。ICBA 表示，法案应明确禁止稳定币收益，以保障社区银行持续支持当地总额 4.1 万亿美元的贷款活动。

稳定币奖励是争议焦点之一。银行业团体认为，允许加密平台向稳定币支付奖励可能导致传统银行存款流失；加密企业则主张保留相关奖励，同时要求建立更明确的联邦规则，法案还因反洗钱保障及政府官员加密资产利益相关伦理限制面临反对。（Decrypt）

Odaily News: Bitcoin News posted on X platform that U.S. Treasury Secretary Scott Bessent is urging the Senate to advance the CLARITY Act to establish a comprehensive regulatory framework for digital assets. Bessent warned that failure to advance the bill would send a signal to both allies and adversaries that the U.S. is "unwilling to lead the future of digital assets," while also forgoing enhanced national security tools designed to combat digital asset abuse.

Odaily News: Bitwise CEO stated on X that Bitwise manages options strategies for large holders with over $25 million in assets including BTC, ETH, SOL, XRP, and ZEC through SMAs, generating income while maintaining long positions. Market volatility brings a wealth of opportunities.

Odaily News - Bloomberg ETF analyst Eric Balchunas stated on the X platform that Tema is launching a prediction market ETF. However, this product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering. The ETF will allocate 15% of its positions to private assets from Kalshi and Polymarket, with a management fee of 75 basis points.