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In Brief Arthur Hayes rapidly ramps up altcoin purchases amid market optimism. His acquisitions include Ethereum, Pendle, Lido DAO, and Ether.fi. Market sentiment shifts to "greed" territory, aligning with Hayes’s strategic timing.
In Brief HBAR displays a sideways trend, declining 2% in 24 hours against market uptrends. Coinglass data shows $6.42 million outflows, indicating cautious investor sentiment. Technical indicators suggest continued weakening, with potential price pressure intensifying.
Whales have been accumulating Chainlink, Cardano, and PEPE in anticipation of the US CPI release, with LINK rising by 30%, ADA reaching a 14-day high, and PEPE seeing a 17% increase.
Global M2 money supply is climbing again, raising hopes for a potential Bitcoin price surge.Why M2 Matters for CryptoThe Road Ahead for BTC
Etherex sees a massive 503% TVL surge in 7 days, hitting $119.6M on Ethereum Layer 2 network Linea.What’s Driving the Surge?Implications for DeFi and Layer 2 Adoption
Large investors are scooping up millions in Chainlink, signaling rising confidence in LINK’s future.Millions Spent in Hours on LINKWhat This Means for the Market
- 23:47Japanese financial giant Credit Saison launches investment fund for real-world asset startupsChainCatcher news, according to The Block, the venture capital arm of Japanese financial giant Credit Saison will launch a blockchain investment fund called Onigiri Capital. The fund has a scale of $50 million, aiming to build an institutional-level bridge between U.S. innovation and Asia's mature blockchain and financial networks, helping founders create global financial products. According to a spokesperson, Onigiri is backed by Saison Capital and has raised $35 million through "joint investment from Credit Saison and external investors." The fund's maximum limit is $50 million, with the possibility of accepting additional capital. The fund will focus on early-stage startups in the real-world asset sector, covering financial infrastructure such as stablecoins, payments, tokenization, and DeFi, with particular attention to connections with Asia. Credit Saison is a large financial services company based in Tokyo, affiliated with Mizuho Financial Group, and is the third-largest credit card issuer in Japan. It is also involved in multiple business sectors, and its venture capital arm has been investing in cryptocurrency companies since 2023. .
- 23:29US lawmakers join Strategy co-founder and other crypto company executives to advance the Strategic Bitcoin Reserve BillAccording to ChainCatcher, as reported by The Block, cryptocurrency advocates including Strategy co-founder Michael Saylor and Marathon Digital Holdings CEO Fred Thiel gathered in Washington, D.C. on Tuesday local time to promote legislation that could enable the United States to acquire millions of Bitcoin. On Tuesday morning, more than a dozen cryptocurrency supporters will attend a roundtable hosted by Republican Senator Cynthia Lummis and Representative Nick Begich, the co-sponsors of the bill to establish a U.S. "Strategic Bitcoin Reserve." Hailey Miller of DPN, an affiliate of the Chamber of Digital Commerce, said that cryptocurrency advocates hope the Strategic Bitcoin Reserve will continue to be a priority in Washington. She noted that there has been significant progress in the digital asset sector, with the fall agenda yet to be advanced, and the current goal is to ensure that the "Bitcoin Bill" and the Strategic Bitcoin Reserve remain priorities. At present, the bill has been submitted to two committees, but no hearings have been scheduled. Miller expects the meeting to discuss next steps for the bill and efforts to gain bipartisan support. DPN will also share briefing documents, describing this as "an opportunity for bipartisan cooperation."
- 23:12The likelihood of Polymarket issuing a token has greatly increased, with the latest funding round including "other warrants."BlockBeats news, on September 16, documents submitted by Polymarket to the U.S. Securities and Exchange Commission (SEC) show that "Other Warrants" were provided in its latest round of financing. This term is usually used to refer to tokens, which means that Polymarket may have opened the door for token issuance.