1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

• BTC: -0.35%
• ETH: +1.53%
• SOL: +2.89%
• XRP: +0.86%
• BNB: +2.22%
• DOGE: +4.09%
• ADA: +2.92%
• SUI: +3.77%
• LINK: +1.82%
• PEPE: +3.45%

24-hour price increase list (data source: OKX):

• ASP: +43.78%
• ALPHA: +39.18%
• KMNO: +31.94%
• EIGEN: +17.84%
• RACA: +14.11%
• JTO: +12.70%
• W: +12.35%
• IMX: +9.27%
• VINE: +7.68%
• LQTY: +7.14%

2. Top 5 popular memes on the chain (data source: GMGN ):

• BARD
• DL
• CARDS
• BOOB
• 67

3. 24H Hot Search Coins

• APX: 1:1 exchange rate with ASTER, which will be launched soon.

Headlines

The Federal Reserve cuts interest rates by 25 basis points

The Federal Reserve cut its benchmark interest rate by 25 basis points to 4.00%-4.25%, in line with market expectations, resuming the pace of rate cuts that had been suspended since December last year.

Binance Wallet to Launch Aspecta BuildKey TGE Mechanism

According to an official announcement, Binance Wallet will launch a new Time-to-Growth (TGE) model in partnership with Aspecta, utilizing the BuildKey mechanism. This model allocates token quotas through BuildKey, allowing users to trade BuildKeys before the official token launch and redeem project tokens during the TGE. The first project will be announced on the Binance Wallet X account on September 18, 2025. Participation requires Binance Alpha Points and is limited to qualified users.

CME Group to launch Solana and XRP futures options on October 13

CME Group announced plans to launch Solana (SOL) and XRP futures options on October 13, 2025, pending regulatory review. The products will allow customers to trade options on SOL, Micro SOL, XRP, and Micro XRP futures.

Industry News

Bullish US Receives BitLicense from the New York State Department of Financial Services

According to Cointelegraph, Bullish US has obtained a BitLicense license from the New York State Department of Financial Services (NYDFS) and will expand its regulated digital asset services in New York State.

Coinbase: The view that stablecoins will lead to a massive exodus of bank deposits is untenable

Coinbase Chief Policy Officer Faryar Shirzad wrote in an article that banks across the United States are sounding the alarm about stablecoins, claiming they will siphon off deposits and undermine lending. This narrative, now ubiquitous in mainstream media, distorts both the evidence and the reality of stablecoin use. The argument that stablecoins will lead to a massive exodus of bank deposits is simply unfounded. There is no meaningful correlation between stablecoin adoption and deposit outflows from community banks, stablecoins pose no threat to lending, and there is no reason to believe that large banks will fare any worse. Instead, what we are seeing is a coordinated effort by large financial institutions to slow innovation and preserve the rents they earn from a payments system that has remained essentially unchanged for decades.

Nasdaq-listed Reliance Global completes first ETH purchase

Nasdaq-listed company Reliance Global announced the completion of its first ETH purchase. The specific purchase amount has not been disclosed yet. According to the company's previously announced cryptocurrency treasury strategy, it is expected to purchase cryptocurrencies such as Bitcoin and Solana in the future.

Bullish receives BitLicense from the New York State Department of Financial Services

Bullish has received a BitLicense from the New York State Department of Financial Services (NYDFS), a key regulatory approval that will allow the digital asset platform to offer spot trading and custody services to New York clients.

Project News

Curve Finance founder releases Yield Basis proposal to distribute sustainable returns to CRV holders

Michael Egorov, founder of Curve Finance, announced a proposal called Yield Basis on the Curve DAO governance forum to create three Bitcoin-centric funding pools designed to distribute sustainable returns to CRV holders. The protocol will distribute 35%-65% of earnings to veCRV holders and reserve 25% of Yield Basis tokens for the Curve ecosystem. In addition, holders can also stake tokens to participate in governance voting and obtain veCRV tokens. According to the proposal, Curve will mint $60 million worth of crvUSD stablecoins before the launch of Yield Basis. The proceeds will be used to support three Bitcoin-focused funding pools: WBTC, cbBTC, and tBTC, each with a cap of $10 million.

Investment and Financing

Bio Protocol Completes $6.9 Million Seed Round, Led by Maelstrom Fund

DeSci Bio Protocol announced the completion of a $6.9 million seed round of financing, led by Maelstrom Fund, with participation from Mechanism Capital, Animoca Brands, Zee Prime Capital, Panga Capital, Mirana Ventures, Big Brain Holdings, etc. The company declined to disclose the start and end time of the financing, the financing structure (equity, token or hybrid), and the valuation.

Stablecoin payment finance company Kredete completes $22 million Series A financing, led by AfricInvest

Kredete, an African stablecoin payment finance company, announced the completion of a $22 million Series A financing round, led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle, with participation from Partech and Polymorphic Capital. As of now, the company's total financing amount has reached $24.75 million.

Mavryk Network Completes $10 Million Funding, Led by MultiBank Group

Mavryk Network, a Layer-1 network, announced the completion of a $10 million funding round led by MultiBank Group to expand its real-world asset (RWA) tokenization initiatives. Mavryk Network and MultiBank have partnered to tokenize over $10 billion worth of real estate in the United Arab Emirates through the latter’s RWA platform.

Character*Voice

Trump's second son: Cryptocurrency is the "perfect hedge tool" for real estate assets

Eric Trump, the second son of Trump, said that cryptocurrency is the "perfect hedge tool" for real estate assets, and that the Trump Organization has "almost no debt" and is committed to owning a share of Bitcoin in the United States. (Jinshi)

Greeks.live: The community is cautiously optimistic about BTC's short-term trend

Adam, a macro researcher at Greeks.live, published a Chinese community newsletter stating that the group is cautiously optimistic about BTC's short-term trend, focusing on a breakout above the key resistance levels of 117 and 119. Traders believe the short-term skew remains strongly leftward, with bears increasing their bets, but the final liquidation of shorts above 117 could drive further price increases.

Lu Lei, Deputy Governor of the People's Bank of China: Some illegal overseas platforms transfer funds through virtual currencies and other channels, creating a "resonance" of risks both domestically and internationally.

Lu Lei, Deputy Governor of the People's Bank of China, revealed at the 14th China Payment and Clearing Forum that cross-border QR code payment interoperability has made important progress. Today, Alipay and Ant International, subsidiaries of Ant Group, became the first institutions to participate in the cross-border QR code unified gateway business pilot.

Lu Lei emphasized that the current systemic risk threat in the payment industry is increasing, with the scale and frequency of cross-border capital flows increasing. This also provides opportunities for risks such as cross-border money laundering and terrorist financing. Some illegal overseas platforms transfer funds through virtual currencies and underground banks, creating a "resonance" of risks both domestically and internationally, posing a challenge to China's foreign exchange management and financial security. (Caixin.com)