According to on-chain analyst Ember's monitoring, the TRUMP token deployment address transferred out 274,000 TRUMP (US$2.33 million) 9 hours ago, of which 200,000 (US$1.74 million) entered OKX 10 minutes ago.
A whale sold all of its approximately 938,000 LINK holdings in exchange for 21.46 million USDT
According to Onchain Lens, a major whale sold all 938,489 LINK tokens at $22.87 per token, receiving 21.46 million USDT and generating a profit of $231,000. A month earlier, the whale had purchased these LINK tokens using 4,806 ETH (worth $21.23 million) across five different wallets.
FalconX withdrew approximately $28.39 million worth of SOL tokens from Binance 4 hours ago
According to Lookonchain monitoring, institutions continue to purchase SOL. FalconX withdrew another 118,190 SOL (worth $28.39 million) from Binance four hours ago.
According to on-chain analyst Yu Jin, a "giant whale/institution" who profited $74.92 million from ETH swing trading used 80.77 million USDC to purchase 18,000 ETH at $4,487 early this morning through Wintermute. ETH rebounded to $4,600. This means that within just a few hours, the whale's 18,000 ETH had already generated a $2 million profit. They have profited $74.92 million from ETH swing trading and currently hold 530 million USDC and 25,000 ETH ($114 million).
The Caldera Foundation has announced the launch of the "Caldera Strategic Reserve": a dedicated ERA reserve designed to support the long-term, robust growth of the Caldera ecosystem. The reserve accumulates funds by converting various sources of liquidity, including but not limited to corporate partnerships, on- and off-chain revenue, liquidity provision fees, and other additional funding sources, into ERA tokens. The Foundation has already begun accumulating ERA tokens during the initial phase and has purchased 3.9 million tokens previously traded on the open market, which are now locked in the reserve. The Foundation states that it has no plans to withdraw ERA tokens, stating that this is a long-term commitment.
According to on-chain analyst @ai_9684xtpa, the top individual APX holder, 0xD2b...99088, saw a single-night profit of $3.783 million after three years of holding. He received 10.18 million tokens from the APX Rewards & Marketing multisig address between September 2022 and June 2024, and currently holds 9.1 million tokens at an average price of $0.0804. Last night's surge in ASTER led to a simultaneous rise in APX (the two have a 1:1 exchange rate), currently trading at approximately $0.50.
According to Zhitong Finance, the share price of Gemini Space Station (GEMI.US), the crypto exchange owned by the Winklevoss twins, continued its decline on Wednesday, falling below its IPO price of $28 just days after its US listing. The stock currently closed at $24.53, a 12.8% drop in a single day, with a market capitalization of $2.9 billion. The company officially listed on the US stock market on September 12th and saw a sharp rise on its first day of trading, but has subsequently come under pressure. Notably, SEC documents revealed that Gemini's Chief Legal Officer, Tyler Meade, and Chief Operating Officer, Marshall Beard, reported multiple insider stock transactions on Monday.
Hong Kong Monetary Authority cuts interest rates by 25 basis points
According to Jinshi, the Hong Kong Monetary Authority lowered the benchmark interest rate by 25 basis points to 4.50%, and the Federal Reserve cut interest rates by 25 basis points overnight.
Cryptocurrency platform Bullish's second-quarter profit exceeded Wall Street expectations
According to CoinDesk, digital asset trading platform Bullish reported second-quarter earnings on Wednesday, exceeding analysts' average earnings per share expectations and forecasting an increase in adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) for the next quarter. According to FactSet data, the platform's second-quarter earnings per share (EPS) were $0.93, beating the average analyst estimate by $0.03. Bullish also reported adjusted revenue of $57 million for the second quarter, compared to an expected $60.7 million. Bullish CEO Tom Farley stated that the company saw "strong business momentum" in the third quarter. The company's trading volume surged to $179.6 billion, up from $133 billion in the same period last year. For the next quarter, Bullish expects trading volume to be between $133 billion and $142 billion. Bullish also expects adjusted Ebitda to be between $25 million and $28 million in the third quarter, compared to $8.1 million in the second quarter, the statement said. The report is the company's first quarterly report since its listing on the New York Stock Exchange (NYSE) in August.
According to The Block, Thumzup Media Corporation (ticker symbol TZUP) announced Thursday that it had made its first open market purchase of Dogecoin (DOGE), acquiring approximately 7.5 million tokens at a weighted average price of $0.2665, valued at approximately $2 million. Earlier this month, Thumzup Media announced plans to deploy 3,500 Dogecoin mining machines by the end of the year through its pending acquisition of mining company Dogehash. Furthermore, the company is strengthening its leadership team, appointing Jordan Jefferson, CEO of DogeOS and head of MyDoge, and Alex Hoffman, head of the DogeOS ecosystem, to its cryptocurrency advisory board this week.
According to The Block, DeFi Development Corp. (ticker symbol DFDV) has purchased an additional 62,745 Sol tokens, valued at approximately $14.6 million. This brings the company's total Sol holdings to over 2 million, valued at nearly $500 million. With approximately 25 million shares outstanding, the company's Sol value per share is approximately $19.44. Including warrants issued in a recent funding round, DFDV's total shares will increase to 31.5 million. The company intends to continue staking the recently purchased tokens across multiple validators, including its internally operated Solana validator.
Regarding the discussion about wait times for unstaking, Ethereum co-founder Vitalik Buterin stated, "Staking means taking on a solemn responsibility to defend the blockchain. Exit friction is an inherent part of the protocol. This isn't to say the current staking queue design is optimal, but rather that naively reducing the relevant parameters will significantly reduce the credibility of the chain from the perspective of less frequently online nodes." Data from the validatorqueue website shows that as of now, the number of ETH in the Ethereum PoS network exit queue is 2,496,141, with a wait time of approximately 43 days and 8 hours. During the same period, 464,626 ETH are waiting to be activated, with an estimated activation delay of approximately 8 days and 2 hours.
US SEC approves options tied to Grayscale Digital Large Cap Fund and Cboe Bitcoin US ETF Index
The U.S. Securities and Exchange Commission (SEC) announced that, in addition to approving universal listing standards for commodity-based trust units, the SEC has approved the listing and trading of the Grayscale Digital Large Cap Fund, which holds spot digital assets based on the CoinDesk 5 index. The SEC also approved the listing and trading of PM-settled options on the Cboe Bitcoin US ETF Index and the Mini-Cboe Bitcoin US ETF Index, with expirations on third Fridays, non-standard expiration dates, and quarterly index expiration dates.
US SEC approves universal listing standards to expedite cryptocurrency ETF approvals
According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved a set of listing standards for commodity-based trust units, opening the door to digital asset listings without requiring individual approval. The decision, detailed in SEC filings from Nasdaq, NYSE Arca, and Cboe BZX on Wednesday, will streamline the process under Rule 6c-11, significantly reducing the approval process, which previously took several months. SEC Chairman Paul Atkins stated that this move ensures that the U.S. capital market is the best place for cutting-edge innovation in digital assets, streamlining processes, lowering barriers to entry, maximizing investor choice, and promoting innovation. The US SEC stated that to be eligible for listing, a cryptocurrency spot ETF must hold a commodity that is either traded on a market that belongs to a cross-market monitoring organization and has monitoring authority, or is the subject of a futures contract that has been listed on a designated contract market for at least six months and has a monitoring sharing agreement; in addition, if the cryptocurrency has been tracked by an ETF listed on a national securities exchange with an investment account of at least 40%, then the cryptocurrency spot ETF may also be eligible for listing; when an exchange seeks to list and trade cryptocurrency trading products that do not meet the approved general listing standards, it must submit a rule application to the US SEC.
According to Jinshi.com, Nick Timiraos, a vocal Fed spokesperson, stated that the Federal Reserve approved a 25 basis point interest rate cut on Wednesday, the first in nine months. Officials judged that recent labor market weakness has outweighed the headwinds from recurrent inflation. Just over half of officials projected at least two more rate cuts this year, suggesting the possibility of consecutive actions at the remaining two meetings in October and December. The summary of economic forecasts suggests a shift in policy stance toward broader concerns about cracks in the labor market—an environment complicated by significant policy adjustments that have made economic trends increasingly difficult to predict. Forecasts suggest that future policy decisions may be even more divided: of the 19 officials present, seven projected no further rate cuts this year, while two supported only one. Most officials believed that given the current outlook for solid economic activity (even with a slight slowdown), further significant rate cuts are unnecessary next year. How to balance these tensions has been a debate among Fed officials throughout the year. Powell's decision to guide his colleagues toward a rate cut was based on a judgment that inflation risks may be easier to control and that the Fed should bear more inflation risks to avoid a deeper impact on the labor market.
According to the Securities Times, at 2:00 a.m. Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25% to 4.50% to 4.00% to 4.25%, in line with market expectations. The market reaction to the Fed's interest rate announcement was dramatic. The three major US stock indices briefly surged before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an uptrend. The sharp market volatility was closely tied to the monetary policy press conference held by Fed Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that a rapid adjustment of interest rates was unnecessary. Today's move could be viewed as a risk-management measure. This suggests the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Currently, market participants are not considering risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation among Fed officials is for two more rate cuts (each 25 basis points) this year, one more than forecast in June. At the same time, Federal Reserve officials expect that after three interest rate cuts this year, there will be a 25 basis point cut in 2026 and 2027.
Chain sleuth ZachXBT tweeted that OpenVPP ($OVPP) announced this week that it was collaborating with the US government to promote energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the reply. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.
Openverse Completes $8 Million Series B Funding, with Participation from Bright Capital and Others
Openverse, a Layer 0 blockchain infrastructure platform, announced the completion of an $8 million strategic Series B funding round from investors including Bright Capital, KC International, Innovation Engine, Go2Mars Labs, Becker Ventures, Gaea Ventures, and several global family offices. This round brings Openverse's total funding to $19 million. Openverse is developing the next-generation Layer 0 value internet, focusing on bridgeless cross-chain interoperability, a standardized RWA framework, multi-chain native payments, and Bitgold (BTG) value anchoring. As previously reported in May, Openverse Network, a Layer 0 blockchain infrastructure platform, secured $11 million in strategic funding.
According to The Block, the New York State Department of Financial Services (NYDFS) has issued new guidance requiring banks to use blockchain analysis technology to identify and prevent risks such as money laundering, terrorist financing, and sanctions evasion when screening customer wallets and launching digital asset products. The NYDFS stated that as virtual currency services expand, traditional banks need to introduce new tools to address emerging threats and maintain financial system security. On the same day, the NYDFS issued a BitLicense and a money transmission license to Bullish.
Bio Protocol secures $6.9 million in funding led by Maelstrom Fund
Bio Protocol, a decentralized science platform, announced the completion of a $6.9 million funding round led by Maelstrom Fund, with participation from Mechanism Capital, Animoca Brands, and Presto Labs. This funding round coincided with the launch of Bio V2, which introduced on-chain fundraising, a decentralized AI research framework, and BioXP, an incentive system. BioAgents, decentralized scientific AI agents, support researchers and communities in generating hypotheses, funding experiments, and monetizing discoveries. The first BioAgent launched in August in partnership with VitaDAO and Aubrey de Grey's lab and has generated over $250,000 in research funding and over a thousand longevity hypotheses.
Kredete Completes $22 Million Series A Funding, Led by AfricInvest
According to Partech Partners, African fintech company Kredete announced the completion of a $22 million Series A funding round led by AfricInvest through its Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicles (FIVE), with participation from Partech and Polymorphic Capital. This round brings Kredete's total funding to $24.75 million. Kredete is dedicated to helping African immigrants improve their credit histories through stablecoin payments and credit-building services, with plans to expand to Canada, the UK, and Europe. The company will launch new features such as Africa's first stablecoin credit card, rental credit reports, and credit savings plans. It will also build a bank and wallet aggregation API covering 41 countries to facilitate secure and low-cost cross-border payments for businesses. Kredete currently has over 700,000 monthly active users, has remitted $500 million, and has seen its users' US credit scores increase by an average of 58 points.
CME plans to launch Solana and XRP futures options on October 13
CME Group announced plans to launch Solana (SOL) and XRP futures and options on October 13th, pending regulatory approval. The new products will include SOL, Micro SOL, XRP, and Micro XRP futures and options, with daily, monthly, and quarterly expiration dates. Since their launch, Solana and XRP futures contracts have accumulated trading volume exceeding 540,000 and 370,000 contracts, respectively. In August alone, Solana futures averaged 9,000 daily contracts, while XRP futures averaged 6,600 daily contracts.
According to Lookonchain, 10 Bitcoin ETFs saw a net inflow of 2,544 BTC today, worth approximately $296 million. BlackRock saw an inflow of 1,794 BTC, bringing its current holdings to 763,699, valued at approximately $88.74 billion. Nine Ethereum ETFs saw a net outflow of 11,463 ETH, worth approximately $51.58 million. Fidelity saw an outflow of 10,731 ETH, bringing its current holdings to 788,934, valued at approximately $355 million.
Wormhole Releases W Token 2.0 Upgrade, Implementing a New Token Economic Model
Wormhole announced the launch of the W Token 2.0 upgrade, featuring the establishment of the Wormhole Reserve, a 4% target base yield, and an optimized biweekly unlocking mechanism. The total supply of W Tokens is capped at 10 billion, with approximately 4.7 billion currently in circulation. The new mechanism accumulates protocol revenue and ecosystem application value into the reserve pool, with returns comprised of existing tokens and protocol revenue, with no additional inflation. Some allocation categories will have a linear unlocking period of 4.5 years to enhance market stability and long-term incentives.
Trump to be interviewed by Fox News during Powell's press conference
At 03:00 am Beijing time on the 18th, during the press conference of Federal Reserve Chairman Powell, US President Trump will be interviewed by Fox News in the UK and may comment on the Fed's actions at that time.
DeFi Dev increased its holdings by 62,700 SOL, and the treasury's holdings rose to 2,095,700 SOL
DeFi Dev Corp. (NASDAQ: DFDV), the Solana treasury, announced the purchase of an additional 62,745 Sol, bringing its total treasury holdings to 2,095,748 Sol, equivalent to approximately $499 million at a market capitalization as of September 16, 2025. All of the newly added Sol has been staked to earn native yield and support the security of the Solana network. As of now, DFDV has 25,670,108 shares outstanding, representing 0.0816 Sol per share, with a SPS value of $19.44.
Bitcoin Strategic Reserve Act receives support from US lawmakers and industry leaders
According to Crypto In America, several US congressmen and Bitcoin industry leaders met on Capitol Hill to discuss the "BITCOIN Act," which proposes the US government purchase one million Bitcoins over the next five years to establish a national strategic reserve. The bill, sponsored by Senator Cynthia Lummis, aims to include Bitcoin in the national reserve. The meeting also explored ways to purchase Bitcoin without increasing the federal budget. Some attendees described the meeting as productive, and the industry is pushing for the bill to be included in the policy agenda.
Bullish Obtains New York BitLicense, Advancing Compliant Expansion in the US
According to CoinDesk, digital asset platform Bullish has received a BitLicense virtual currency business license from the New York State Department of Financial Services (NYDFS), allowing it to provide spot trading and custody services to institutional clients and advanced traders in New York. Bullish is already regulated in the United States, Germany, Hong Kong, and Gibraltar. Company executives stated that this move signals its expansion into the US and its commitment to regulatory compliance. Analysts predict that Bullish will officially launch in the US in 2026 and is expected to capture approximately 8% of the US institutional spot crypto market share by 2027.
Curve DAO proposes opening a 60 million crvUSD line of credit for Yield Basis
Curve DAO has published ownership proposal #1206, which proposes establishing a credit line of up to 60 million crvUSD for Yield Basis projects. The proposal, initiated by address 0x7a16…5428, plans to adjust the debt ceiling via the set_debt_ceiling function. Voting will begin on September 18th and close on September 25th.
UK FCA plans to exempt some crypto asset companies from traditional financial rules
According to the Financial Times, the UK's Financial Conduct Authority (FCA) plans to bring crypto-asset companies under a comprehensive regulatory framework starting next year, though some traditional financial rules will be exempted. The FCA stated that directly applying existing financial regulations is difficult to adapt to the unique characteristics of the crypto industry and will tailor regulatory measures based on risk. Crypto platforms will not be subject to core principles such as "good faith" and "customer interests first," and will not be required to offer customers a cooling-off period or cancellation rights. The FCA also intends to strengthen controls over operational risks such as cyberattacks and is seeking public comment on whether to include these in consumer protection obligations.
Forward Industries Announces $4 Billion ATM Equity Offering
According to Business Wire, Forward Industries (NASDAQ: FORD) has filed an automatic registration statement with the US SEC for an at-the-market offering of up to $4 billion in common stock. The company stated that the proceeds will be used for general corporate purposes, including strategic advancement of Solana (SOL), acquisition of income-generating assets, and other capital expenditures. Forward Industries recently completed the largest-ever fundraising for its Solana digital asset vault, acquiring over 6.8 million SOL tokens. The ATM program will be marketed by Cantor Fitzgerald, with no escrow arrangements in place.
Binance HODLer Airdrop to List Lombard (BARD)
Binance will list Lombard (BARD) at 7:00 PM (UTC+8) on September 18th, opening trading pairs for BARD/USDT, USDC, BNB, FDUSD, and TRY. BARD has a total supply of 1 billion, with a circulating supply of 225 million. Users who subscribe to BNB through Simple Earn or On-Chain Yields between September 9th and 12th will receive a BARD airdrop equal to 1% of the total supply. BARD supports both the BNB Smart Chain and Ethereum networks, and the airdrop will be distributed to users' spot accounts before trading opens.
Binance Alpha to List Dill (DL) on September 19th
Binance Alpha will list Dill (DL) on September 19th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. Detailed details will be announced separately.
