1. Popular CEX currencies
Top 10 CEX trading volume and 24-hour price changes:
- BTC: +0.67%
- ETH: -1.82%
- SOL: -2.08%
- XRP: +2.57%
- BNB: -1.12%
- DOGE: -0.12%
- LINEA: -10.13%
- AVNT: +12.17%
- AVAX: -4.79%
- SUI: -0.18%
24-hour price increase list (data source: OKX):
- FLUID: +27.7%
- SNX: +26.49%
- RUNECOIN: +18.52%
- ATH: +15.60%
- CFG: +10.79%
- FLR: +10.41%
- MEMEFI: +10.79%
- ME: +9.39%
- ETHFI: +8.11%
- W: +6.19%
24-hour cryptocurrency stock price increase list (data source: MyStonks):
- Opendoor Technologies Inc (OPEN.M): +28.07%
- Canaan Inc. (ticker: CAN.M): +19.51%
- IREN Limited (IREN.M): +17.91%
- Bakkt Holdings, Inc. (BKKT.M): +16.35%
- HIVE Digital Technologies Ltd. (HIVE.M): +14.21%
- DeFi Technologies, Inc. (DEFT.M): +8.94%
- Intel (INTC.M): +8.83%
- Tesla 2 x Leveraged ETF (TSLL.M): +8.77%
- Alibaba (BABA.M): +8.67%
- Btcs Inc. (ticker: BTCS.M): +7.71%
2. Top 5 popular memes on the chain (data source: GMGN ):
- P8BCI
- CAN
- GAIN
- Pinduoduo
- TvT
Headlines
According to CME's "Fed Watch," the probability of the Fed keeping interest rates unchanged in October is 8.1%, and the probability of a 25 basis point rate cut is 91.9%. The probability of the Fed keeping interest rates unchanged in December is 1.5%, the probability of a cumulative 25 basis point rate cut is 24.1%, and the probability of a cumulative 50 basis point rate cut is 74.4%.
The US government is facing its first shutdown since the winter of 2018-19.
Traders are cautiously awaiting Thursday's initial jobless claims data and Friday's PCE inflation data, while also keeping a close eye on any thorny developments that could trigger a US government shutdown. US President Trump canceled key talks with Senate Minority Leader Chuck Schumer and House Minority Leader Steve Jeffries, which had been expected to avert a government shutdown before the September 30 deadline. "The cancellation of the meeting has renewed concerns that funding could run out by next week's deadline and we could see the first government shutdown since the winter of 2018-19," Deutsche Bank analyst Jim Reid wrote in a note to clients Wednesday morning.
U.S. Treasury prices fell as traders digested the diverging signals from Federal Reserve officials this week, which have clouded the path of rate cuts. Yields across all maturities rose by about 3 basis points, with the two-year note, closely tied to Fed policy expectations, rising to 3.60% in New York on Wednesday. The five-year note yield remained stable after an auction that saw it rise by about 0.3 basis points above its pre-sale level. Federal Reserve Chairman Jerome Powell said on Tuesday that the central bank must address both labor market slack and upward inflation risks as it weighs future policy. On Wednesday, Treasury Secretary Benson expressed disappointment, saying Powell had yet to clearly lay out an agenda for rate cuts. "It's been a bit of a tug-of-war, with disagreements within the committee," said Gregory Faranello, head of U.S. interest rate trading and strategy at AmeriVet Securities. Corporate bond issuance, including one from Oracle, also weighed on Treasury bonds. The software maker plans to raise $18 billion in the U.S. investment-grade bond market on Wednesday, its second-largest bond offering of the year.
Industry News
Crypto market maker GSR has filed an application with the US SEC to launch a digital asset treasury company ETF (ETF). At least 80% of the assets will be allocated to publicly traded companies holding cryptocurrencies. Initially, the ETF plans to include 10 to 15 stocks, including Strategy, Bitmine, SharpLink, and SUI Group. GSR has also applied for four funds focused on Ethereum staking, crypto staking, the core three assets (BTC, ETH, and SOL), and Ethereum returns. The SEC previously relaxed listing standards for commodity trusts, making the approval environment for crypto ETFs more relaxed.
Tether's latest valuation would make its chairman the world's fifth-richest person
If Tether successfully reaches a $500 billion valuation, its chairman, Giancarlo Devasini, would be worth nearly $224 billion, according to the Bloomberg Billionaires Index. This would make him the fifth-richest person in the world, behind only Elon Musk, Larry Ellison, Mark Zuckerberg, and Jeff Bezos, and several spots ahead of Berkshire Hathaway chairman Warren Buffett.
In its latest financial report, Bitwise Asset Management stated that while digital asset treasury strategies previously centered around Bitcoin, companies are now allocating large amounts of Ether (ETH). Analyst Max Shannon noted that ETH treasury is no longer a fringe topic but is becoming a structural pillar of the cryptocurrency capital market. Ether is not merely a hedging or speculative tool, but a programmable financial asset that connects corporate financing with the on-chain economy.
USDT supply on Ethereum reaches $80 billion, surpassing Tron to regain dominance
Ethereum has reclaimed its position as the primary network for USDT supply, reaching $80 billion, surpassing Tron after falling behind in early March. Ethereum's recovery suggests that users value its mature DeFi ecosystem and institutional-grade infrastructure over Tron's lower transaction costs. Currently, daily stablecoin transfers on Ethereum are approaching 1 million, and supply on both networks is reported to have remained relatively stable at approximately $75 billion to $80 billion for most of 2025.
Solana treasury company SOL Strategies announced that it has raised $25 million in private placement financing through the sale of the company's common shares and common share subscription warrants pursuant to the listed issuer financing exemption requirements of the Canadian Securities Administrators. Canaccord Genuity Corp. will serve as lead agent and sole bookrunner. The proceeds from the fundraising will be used for general corporate purposes and digital asset investments to drive the growth of SOL's treasury.
Project News
UXLINK completes new contract deployment and announces token migration and compensation plan
UXLINK released an update stating that it has completed the deployment of a new smart contract (address: 0x3991…Feb 3) and submitted an incident report and migration plan to DAXA and several major exchanges. Legally circulating tokens will be exchanged at a 1:1 ratio, with a total of 479,713,462 tokens. Illegally issued and stolen tokens will not be exchanged, and some have been suspended from circulation. The official on-chain exchange portal will be launched within five business days. The team will also launch a compensation plan based on recovered assets and is working with regulators in Singapore, South Korea, and Japan to freeze wallets associated with the hack.
Bitlight Labs' official Twitter post hints at a possible TGE
Bitlight Labs, the developer of the RGB protocol infrastructure, has released a token symbol LIGHT on the X platform, with the date marked as September 27, possibly hinting at an upcoming TGE.
Coinbase to List Stablecoins Backed by Local Currencies in Australia and Singapore
Coinbase CEO Brian Armstrong announced that Coinbase will launch stablecoins backed by the local currencies of Australia and Singapore, namely: AUDD and XSGD. The launch time is reportedly 19:00 (UTC) on September 29.
SolanaFloor announced that Meteora, the Solana ecosystem liquidity protocol, has unveiled a new proposal following backlash over its Jupiter (JUP) staker distribution plan. 3% of the Meteora (MET) Time-Generating Environment (TGE) reserve will be distributed to Jupiter stakers in the form of liquidity position NFTs on a time-weighted basis, providing them with MET/USDC liquidity exposure upon launch.
Investment and Financing
Prediction market Melee announced the completion of a $3.5 million financing round, with participation from Variant, DBA, and a group of angel investors. The company reportedly draws on successful cases such as Polymarket to allow users to create prediction markets on any topic. Its core mechanism achieves decentralized pricing by rewarding early accurate traders, which is different from the traditional model that relies on professional market makers.
Autris, a publicly listed company, plans to raise $30 million and acquire BitCorp Capital
Autris, a publicly traded company with a Bitcoin strategy, announced the acquisition of BitCorp Capital for an undisclosed amount, significantly expanding its Bitcoin financial strategy. Autris also disclosed plans to raise up to $30 million from accredited investors through a Rule D 506(b) filing.
BULK, a perpetual contract DEX for the Solana ecosystem, announced on the X platform that it has closed an $8 million seed round of funding, led by 6th Man Ventures and Robot Ventures, with participation from Big Brain Holdings, Wintermute, and Solana co-founder Anatoly Yakovenko. BULK aims to address issues such as priority fee surges and network congestion by integrating its execution layer directly into Solana's validator stack. The company expects to launch a testnet in the coming weeks, with plans for a mainnet launch in Q4.
Stablecorp Completes $3.6 Million in Strategic Round of Funding Led by FTP Ventures
Stablecorp, a provider of bank-grade digital asset infrastructure, announced the completion of a strategic round of financing of approximately US$3.6 million (CAD$5 million), led by FTP Ventures and participated by existing shareholders and new investors. The company previously received investment from Coinbase Ventures. The new funds will be used to expand its related digital currency infrastructure, including supporting its digital currency QCAD, which is fully backed 1:1 by Canadian dollar reserves.
Belfort, an encrypted computing development company, announced the completion of a $6 million seed round of financing, led by Vsquared Ventures, with participation from Anagram, Protocol VC, Inovia Capital, Syndicate One, Prototype, Credibly Neutral, and Google Chief Scientist Jeff Dean and Naval Ravikant. The company supports data processing in encrypted form and can be applied to blockchain, finance, healthcare, government operations and other fields.
Regulatory trends
The U.S. Securities and Exchange Commission (SEC) officially announced the agenda and participants of the joint roundtable meeting on regulatory coordination with the U.S. Commodity Futures Trading Commission (CFTC) on September 29. It is reported that the main topics include discussing the relationship between the SEC and CFTC, discussing how regulatory coordination can release the economic value of the platform while continuing to protect investors, and discussing how regulatory coordination can increase the choices of market participants and reduce investors' costs. Former CFTC Chairman J. Christopher Giancarlo, Director of the U.S. Securities and Exchange Commission's Division of Trading and Markets Jamie Selway and others will attend the meeting.
Hong Kong Monetary Authority: Currently no offshore RMB stablecoin is issued in Hong Kong
The Hong Kong Monetary Authority (HKMA) has issued a warning on its official account regarding recent social media reports that the world's first stablecoin pegged to the offshore RMB has been issued in Hong Kong. Please note that this information is false. The Stablecoins Ordinance will come into effect on August 1, 2025. Anyone who issues a fiat stablecoin in the course of their business in Hong Kong, or actively promotes such an issuance to the Hong Kong public, will need to obtain a stablecoin issuer license from the HKMA. Currently, the HKMA has not issued any stablecoin issuer licenses. Therefore, anyone who issues or promotes a stablecoin is breaking the law. If you are approached by someone promoting a stablecoin, please remain vigilant. The HKMA will monitor stablecoin transactions in the market and, if any suspected violation of the Stablecoins Ordinance is identified, will consider taking further action based on the relevant facts and evidence.
Character Voice
Vitalik: Fusaka upgrade will promote Ethereum L1 and L2 expansion
Ethereum co-founder Vitalik Buterin stated that PeerDAS, a core feature of the Fusaka upgrade, enables blockchain operations without requiring a single node to download the entire data set. This mechanism verifies block data availability through node sampling and utilizes erasure codes to recover missing data. While the first version still requires complete data for initial broadcast and data reconstruction, security is maintained with only one honest participant. Vitalik emphasized that security is paramount, and that the number of blobs will be gradually increased in the future to advance Ethereum's scaling efforts at both Layer 1 and Layer 2.
US Democrats call for investigation into Trump family's overseas cryptocurrency transactions
Warren, a Democratic member of the U.S. Senate, called for an investigation into the Trump family's overseas cryptocurrency transactions.
- 核心观点：加密货币市场呈现分化，监管与机构动态活跃。
- 关键要素：
- 主流币种涨跌互现，AVNT涨12%，LINEA跌10%。
- GSR申请加密ETF，Tether估值或创富豪纪录。
- 美联储降息预期升温，美政府面临停摆风险。
- 市场影响：短期波动加剧，长期利好机构入场。
- 时效性标注：短期影响
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