News linked to both this project and an event.
CryptoQuant analyst Darkfost stated that due to limited liquidity inflows into the crypto market, the stablecoin market cap remains sluggish in its recovery. Since May this year, the stablecoin market cap has contracted by $14 billion, signaling notable capital outflows from the market. Although conditions have shown slight improvement since September, with the stablecoin market cap rising by roughly $4 billion and reclaiming around $270 billion, and signs of a trend reversal appearing to materialize, the overall rebound remains relatively weak. Further driving Bitcoin to new all-time highs will require substantially greater liquidity support from the market.
Odaily News: When a token project fails to deliver tokens as agreed, investors need to review the signed agreements, attachments, amendments, and cover letters to confirm the legal entity bearing the obligation, the number of tokens or calculation method, delivery trigger events, vesting arrangements, and transfer restrictions.The projected launch date published by the project does not equate to a binding delivery deadline. When tokens have already been distributed to other participants, it is necessary to assess whether the delivery obligation has been triggered based on the agreement's definition of the token generation event, whether the investor has completed the prerequisites, and the project team's actual conduct.When a project requests an extension of the lock-up period, a reduction in allocation, a token swap, or a change in the responsible entity, investors should verify whether the contract authorization and amendment documents contain waiver of rights clauses. Investors may retain payment records, transaction hashes, wallet addresses, communication records, and project announcements, and review the notification, remediation, negotiation, arbitration, or litigation procedures. (Bitcoin.com News)
Odaily News: Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate declined to advance the CLARITY Act on September 15, stablecoin platforms retain room to offer balance rewards to customers, and exchanges such as Coinbase also continue to maintain existing state-level licenses and advantages in integrating trading and brokerage operations.The U.S. Securities and Exchange Commission (SEC) issued a five-year exemption for tokenized stock trading on September 17, allowing qualifying platforms to adopt permissioned automated market makers and liquidity pools for testing. Hougan listed Securitize, which provides services for BlackRock, Apollo, and KKR tokenized funds, as a beneficiary.SEC staff updated token buyback guidance on September 28, stating that for networks that are already functional and have no centralized party, buyback announcements do not constitute a promise on which purchasers rely for expected profits; the guidance does not have legal effect. (Bitcoin.com News)
Odaily reports: Microsoft's official X account was accessed without authorization on Thursday, briefly following and promoting accounts linked to an unofficial Meme coin, reposting related tweets, and changing its profile picture to Clippy.The related content was deleted approximately 30 minutes later. Microsoft subsequently confirmed that the account had been secured, the unauthorized posts had been removed, and that it would continue investigating. Microsoft stated that it never authorized anyone to use its intellectual property, including Clippy, to promote tokens, and plans to take legal action.The token is named CLIPPY. The account Clippy MSFT had promoted a liquidity pool valued at over $200,000. Some promoters claimed it was backed by Microsoft's actual stock, but this claim has not been verified and has no official association with Microsoft. (Bitcoin.com News)
Odaily reports: U.S. crypto advocacy group Stand With Crypto has announced its endorsement of a slate of bipartisan candidates for the midterm elections, including Ohio Republican Senator Jon Husted, Iowa Republican candidate Ashley Hinson, and New Hampshire Democratic candidate Chris Pappas. The group also endorsed more than 30 House members and candidates who have voted in favor of digital asset framework legislation.Stand With Crypto said it will run ads in 6 House races to support pro-crypto candidates. Previously, the U.S. Senate failed to secure the 60 votes needed to pass the CLARITY Act, which had passed the House last year. (Bitcoin.com News)
According to CoinDesk, Utexo, an infrastructure project supported by Tether, plans to issue USDT on the Bitcoin network this month. Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to provide corresponding APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Based on the RGB protocol and the Bitcoin UTXO model, Utexo will keep most transaction data off-chain, with a focus on supporting three types of applications: private USDT transfers, direct swaps between native BTC and USDT, and borrowing using native BTC as collateral without wrapping BTC to other blockchains. USDT was first issued on the Bitcoin network via the Omni protocol in 2014, after which Ethereum and Tron gradually became its primary circulating networks. Following the issuance of USDT on the Bitcoin mainnet, Utexo also plans to further expand to the Lightning Network.
Odaily Report: USDT is expected to return to the Bitcoin network this month through infrastructure developed by Utexo, a project backed by Tether. Utexo plans to support private USDT transfers, direct swaps between native Bitcoin and USDT, and loans collateralized by native Bitcoin. (CoinDesk)
Odaily News: Trump's support among voters aged 18 to 29 dropped from 43% to 19%. Some young cryptocurrency investors have described his crypto projects as profit-seeking ventures, and criticized the TRUMP Meme coin for exploiting supporters who are familiar with crypto.Morten Christensen, an investor who holds a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was campaigning for president. He noted that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025.Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues the US dollar-pegged stablecoin USD1, whose market capitalization exceeds $4 billion. (Bitcoin.com News)
据 Upbit 公告，Upbit 将上线 Dolphin（POD），支持 KRW、BTC 和 USDT 三个交易市场，预计于北京时间今日 15:00 开放交易。POD 仅支持通过 Base 网络充值和提现，充提服务将在公告发布后 2 小时内开放。 Dolphin 是一个 AI DePIN 项目，通过整合全球闲置 GPU 资源分布式处理 AI 推理任务，并提供 Web Chat、Telegram Bot 等产品。POD 代币主要用于网络质押及 Bonding。
the Core Lightning team, which develops the Bitcoin Lightning Network node software, is warning node operators running version 26.06.7 or earlier to upgrade to the latest version as soon as possible. The team said it has received reports of attackers targeting unpatched nodes, but did not disclose the vulnerability exploited by the attackers or the potential impact.Core Lightning said on September 16 that it was investigating an issue that could affect experimental features and user funds, and on September 22 released version 26.06.8 to fix the vulnerability and update the software. This announcement did not state whether the previously reported attacks were related to the vulnerability fixed in this version. (Cointelegraph)
Odaily reports: Bitcoin News posted on X that Volmex has launched the Bitcoin Implied Volatility Index (BVIV) perpetual contract on Hyperliquid. The contract is based on options data from Deribit and OKX, reflecting traders' expectations for Bitcoin's volatility range over the next 30 days, rather than the direction of spot prices; the recent BVIV reading is in the mid-to-high range of the 30s.The contract settles at 1 USDC per index point, uses an isolated margin model, supports up to 5x leverage, and features an hourly funding rate as well as an open interest cap during the initial launch period.
Odaily reports: Bitcoin News posted on X that the U.S. Congressional Research Service noted in a new report that since 2017, as presidential administrations have changed, federal regulators have repeatedly shifted their positions on whether banks can engage in crypto business.The report states that Congress could clarify through legislation which specific activities are permitted or restricted, in order to reduce the repeated shifts in regulatory positions. The report mentions the CLARITY Act: the version passed by the House would allow banks to use digital assets or blockchain for activities already permitted under existing law; the version reported by the Senate committee would explicitly permit 11 categories of crypto activities, including allowing banks to underwrite and trade digital assets more broadly.
In response to Solv Protocol’s statement addressing the recent BTC and single withdrawal dispute, Neil Lee, a user previously restricted from withdrawing approximately 50 BTC, responded in a post stating his strong willingness to resolve the dispute through formal legal proceedings. Given that Solv Protocol has proposed resolving the matter via judicial channels, he raises no objections. He requests that the project officially provide the full legal name, place of registration, registered address, and contact information for receiving legal documents of the legal entity responsible for the project's operations and establishing contractual relationships with users, so that his legal counsel can proceed with subsequent steps in accordance with the law. Neil Lee further stated that for over two months, he had prioritized seeking resolution through direct communication. He has continuously submitted verification materials as requested by the project, including proofs of fund sources, transaction records, and wallet control documentation. He will retain all emails, chat logs, on-chain transaction records, and all submitted verification materials, and will protect his rights to the assets corresponding to approximately 50 BTC through lawful channels.
According to CoinDesk, the US Dollar Index (DXY) has gained approximately 2.6% since September 9 and touched a two-month high of 101.69 earlier this week. Although a strong dollar is typically viewed as a bearish factor for risk assets such as Bitcoin, on-chain and market data indicate a weak correlation between the two. Over the past 90 trading days, the daily return correlation coefficient between BTC and the DXY was -0.41, with an R² of only 0.17, meaning the DXY explains merely about 17% of the variance in BTC's daily returns; since January 2020, the average of this 90-day correlation has been lower at -0.14. Currently, the BTC price has pulled back from a peak of around $87,500 on September 21 to the $83,000–$84,000 range, with limited downside. Analysts note that Bitcoin also lacks significant correlation with US Treasury yields, further reinforcing its role as a portfolio diversification asset.
Michael Saylor posted on X platform stating that Strategy and Strive conduct business based on the shared capital foundation of Bitcoin. Although the two parties differ in securities products, decisions, and target audiences, they can compete while jointly expanding long-term opportunities. He believes that more well-managed Bitcoin-backed digital credit issuers can help enhance investor awareness, liquidity, and institutional research coverage for this category, and may improve the financing environment for eligible issuers. Saylor also mentioned that Strive disclosed the purchase of $50 million worth of STRC on March 11, 2026.
Odaily reports: Gemini co-founder Tyler Winklevoss said the current market hype around privacy coin Zcash is reminiscent of the 2019 crypto market, when Bitcoin had just emerged from the 2018 bear market and market attention shifted toward institutional infrastructure and custody.Zcash launched in 2016 and uses zero-knowledge proofs to enable private transactions. It has long faced regulatory scrutiny, and some exchanges have delisted it. According to CoinGecko data, the price of ZEC rose from about $511 in January 2026 to $1,335.51 on September 16. Since receiving approval from New York State in 2018, Gemini has become the first licensed exchange to offer Zcash trading and custody services.
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that although the CLARITY Act was not passed by Congress, the SEC will still clarify onchain fundraising rules within its statutory authority.The U.S. Senate failed to advance the CLARITY Act on September 15 with a 49-50 vote, falling short of the required 60-vote threshold. Atkins has not yet disclosed what form the relevant guidance will take—whether exemptions, a registration pathway, or staff guidance.The SEC previously paved the way for tokenized stocks on September 17, and on September 25 published nine FAQs explaining the impact of token issuers' commitments on securities determinations. Commissioner Hester Peirce will depart on October 2, leaving the SEC with only two sitting commissioners, Atkins and Mark Uyeda. (Bitcoin.com News)
on September 28, Coinbase teased the upcoming launch of a Pokemon digital card pack service backed by physical cards, allowing users to open packs via their phones and choose to either store the cards in a vault or have them delivered to their homes.Coinbase has not yet disclosed the service launch date, pack pricing, card draw odds, storage and delivery fees, eligible regions, physical card custodian, or grading standards, nor has it confirmed whether secondary resale or on-chain ownership recording will be supported. (Bitcoin.com News)
Binance announced that its payment service Binance Pay has integrated with the QR code payment infrastructure of PayPay, Japan's mainstream mobile payment platform. Foreign tourists visiting Japan who have completed identity verification can directly scan PayPay merchant QR codes via the Binance app or present a payment code to complete transactions, supporting settlements using stablecoins such as USDT and USDC, as well as cryptocurrency assets including BTC, BNB, and ETH.
According to official announcements, Bitget has released its 47th Proof of Reserves (PoR). The total reserve ratio stands at 131%, covering 19 asset types. Specifically, the reserve ratios for BTC, ETH, USDT, and USDC are 142%, 110%, 107%, and 154%, respectively. Since December 2022, Bitget has updated its Proof of Reserves on a monthly basis. In September this year, it expanded its coverage from 4 asset types to 19, providing users with broader visibility into platform reserves. Bitget's historical average reserve ratio has remained above 120%, exceeding the 100% coverage benchmark and fully covering insured user assets.