According to crypto analyst Ember (@EmberCN), a whale address that appeared on the Trump dinner rankings under the username "ivo" withdrew 1 billion PUMP tokens (approximately $8.51 million) from Bybit five hours ago. Its total holdings now stand at 5 billion PUMP tokens (approximately $39.42 million), with a profit of approximately $19.65 million, doubling its holdings. This address had already accumulated 4 billion TRUMP tokens a month prior. Combined with this transaction, its average PUMP holdings are worth $0.00395.

According to a U.S. government official, BlackRock executive Rick Rieder continues to rise in the rankings of contenders to succeed him as Federal Reserve chairman. The official, who requested anonymity to discuss private meetings, said U.S. Treasury Secretary Benson & Co. held a wide-ranging, two-hour interview with Rieder in New York last Friday, discussing topics including monetary policy, the Fed's organizational structure, and regulatory policies. The official emphasized that the selection process is ongoing, with Benson & Co. interviewing four of the 11 open candidates and expecting one or two new candidates to be considered. A source familiar with the Treasury secretary's thinking said Benson & Co. was impressed by Rieder's extensive experience managing large teams in financial markets and his deep understanding of micro and macroeconomics. The source said Rieder would bring a steady hand and deep knowledge of non-bank financial institutions to the helm. Earlier this week, Reed told CNBC that, based on his reading of economic indicators, he believed the Fed should cut interest rates by 50 basis points—double the amount widely expected at this week's FOMC meeting. (Golden Ten)

Following the announcement of the community voting results, Native Markets, which submitted a proposal for the issuance and management of the Hyperliquid USD stablecoin (USDH), announced its successful claim to the USDH token symbol. Founder Max Fiege stated that the project will release its first Hyperliquid Improvement Proposal (HIP) and simultaneously launch an Ethereum-based ERC-20 token in the coming days. He explained that the initial phase will be a testing phase, with a single minting and redemption limit of $800, available only to a select group of users. Subsequently, the USDH/USDC spot trading pair will be launched, with unlimited minting and redemption. Previously, synthetic stablecoin issuer Ethena announced its withdrawal from the competition last Thursday, causing Native Markets' probability of selection to soar to over 99% on Saturday according to Polymarket's prediction market. The USDH token symbol race has garnered widespread attention from the community and industry, sparking discussion about the fairness of the selection process and the future of the stablecoin industry. (The Block)

OKX market data shows that SOL has fallen below 240 USDT, currently trading at 239.94 USDT, a 24-hour drop of 1.16%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has broken through 116,000 USDT and is currently trading at 116,013 USDT, a 24-hour increase of 0.05%. (This newsletter is generated by AI)

OKX market data shows that PUMP rose above $0.008994, setting a new historical high. It is currently trading at $0.008642, with a daily increase of more than 38%.

According to Cointelegraph, as of September 2025, companies and institutional entities hold over 1 million BTC, valued at billions of dollars. Furthermore, 73 entities hold a total of 4.91 million ETH in their ETH treasuries, valued at $21.28 billion.

According to Lookonchain monitoring, a newly created address (0x9d2E) withdrew 21,925 ETH worth $102 million from Kraken.

Gold prices fell slightly in early Asian trading due to profit-taking and a stronger dollar, but remained near record highs amid widespread market expectations of a Federal Reserve rate cut this week. Gold futures fell about 0.4% to $3,672 per ounce, while the dollar index remained flat around 97.55. Analysts at Peak Trading Research said: "The market has almost fully priced in the Fed's first rate cut since December 2024," and that "Powell's speech will be closely watched for the Fed's outlook on inflationary pressures, recent labor market weakness, and the impact of potential tariffs on monetary policy." Continued geopolitical uncertainty, strong central bank gold buying, and continued inflows into gold ETFs further supported gold prices. (Gold Ten)

According to on-chain data, pump.fun's PUMP token purchases totaled approximately 2.6 billion over the past seven days, generating approximately 67,676 SOL in revenue, with repurchases accounting for 0.26%. The highest single-day revenue was on September 11th, at approximately 11,751.11 SOL, corresponding to 463.1 million PUMP tokens; the lowest single-day revenue was on September 8th, at approximately 7,775.48 SOL, corresponding to 264.3 million PUMP tokens. Overall, the platform's average daily revenue has remained between 9,600 and 10,000 SOL.

Coinbase has unveiled a comprehensive public guide outlining its digital asset listing process, aiming to address longstanding controversy and reinforce its commitment to transparency as it faces mounting revenue pressure and industry competition.

The next few years will be a critical period to test whether stablecoins can become a secure, regulated and widely used cornerstone of global digital finance.

USAT is expected to be officially launched before the end of 2025 and will initially be open to U.S. residents, businesses and institutional users.

A North Korea-linked group used AI to create a fake South Korean military ID and launch a phishing campaign targeting journalists, researchers, and human rights workers. The attack highlights the growing use of AI in cyber-espionage, with authorities warning of increased risks and urging stronger security measures.

The long-awaited Dogecoin ETF has once again been pushed back by the U.S. Securities and Exchange Commission (SEC), with its launch now tentatively slated for next Thursday instead of the original September 12 deadline.

The DAT market from now to the fourth quarter will be dominated by Alt DATs that use the PIPE issuance mechanism because they have the fastest listing speed and can generate immediate scale effects on the underlying tokens.

Anyone can verify TVL through the contract, but for RWA, such verification is impossible.

In a move that could reshape the balance of power in artificial intelligence, Microsoft and OpenAI have signed a new non-binding agreement that redefines their multi-billion-dollar partnership and the very structure of OpenAI itself.

Pump.fun has brought back its Solana livestreaming feature after a 2024 shutdown caused by unsafe broadcasts, including staged self-harm. With stricter moderation and a new revenue-sharing model, the platform is rapidly attracting creators and generating millions in weekly fees.

The short-term goal of Bitcoin Treasury is to generate Bitcoin income, and the long-term goal is to develop into a full-reserve institution based on Bitcoin.