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Bitcoin has reached a new all-time high, trading as high as $122.6k, putting all BTC investors back into profit. Based on key on-chain metrics, and if history acts as a guide, a potential push toward ~$130K may be on the cards before demand exhaustion sets in.
SHIB tests resistance at $0.00001434 as bullish daily patterns drive momentum Whale accumulation spikes 422% in one day, signaling growing investor confidence Analysts eye $0.00001718 short-term target, with $0.0001 long-term milestone in sight
Congressional efforts to advance cryptocurrency regulations face significant delays as Republican lawmakers remain divided on key provisions, despite President Trump’s direct intervention to secure party unity.
PayPal’s PYUSD stablecoin has expanded to the Arbitrum network, becoming the first layer-2 blockchain integration for the dollar-pegged cryptocurrency. This move aims to reduce transaction costs and improve processing speeds.
- 23:32Overview of Major Overnight Developments on September 621:00 (UTC+8) - 7:00 Keywords: 1. Strategy not included in the S&P 500 Index; 2. Spot gold rises to $3,600, setting a new all-time high; 3. Traders expect the Federal Reserve may cut rates by 50 basis points this month; 4. Fed mouthpiece: August non-farm payrolls may lock in a September rate cut; 5. US Republicans plan to amend rules to accelerate confirmation of Federal Reserve Board nominees; 6. US SEC and CFTC to hold a regulatory coordination roundtable on September 29; 7. Shortlist for Federal Reserve Chair narrowed to three, Trump reiterates support for Hassett; 8. US Senate Banking Committee draft excludes staking, airdrops, and DePIN from securities laws.
- 22:57New Zealand FMA launches tokenization consultation to explore regulatory barriersJinse Finance reported that the New Zealand Financial Markets Authority (FMA) has launched a tokenization consultation until the end of October, aiming to clarify whether current regulations are hindering the development of tokenization. This year, the agency has received a large number of inquiries about tokenization, but there have been few implemented projects. The FMA pointed out that tokenization currently tends to favor already regulated institutions, while startups, due to high licensing costs and high entry barriers, may prefer to operate outside regulatory frameworks, which weakens consumer protection. Globally, some startups have also turned to overseas markets with lower regulatory requirements for this reason.
- 22:26Trump criticizes EU's fine on Google, says countermeasures will be consideredAccording to Jinse Finance, citing CCTV News, US President Trump posted on his social media platform "Truth Social," criticizing the European Union for imposing a $3.5 billion fine on Google, calling the move "extremely unfair" and claiming it is plundering funds that should be used for American investment and employment. He pointed out that this is just one of many fines and taxes Europe has imposed on Google and other US tech companies in recent years. Trump emphasized that his administration would not tolerate such "discriminatory behavior." Trump warned that if Europe continues to take similar actions against American tech giants, he will be forced to initiate the "Section 301" procedure to overturn these "unfair penalties" in order to protect the interests of American tax-paying companies. On the 5th local time, the European Commission announced a €2.95 billion (approximately $3.5 billion) fine on US tech giant Google for abusing its dominant position in the ad tech market and harming the competitive environment.