The giant whale holding a long position of 35 million US dollars added an additional 8 million US dollars of BTC long positions yesterday

Odaily reports that Galaxy has announced a $100 million allocation of sUSDS into the Sky treasury, alongside the purchase of SKY tokens. This transaction further deepens the lending collaboration between the two parties. (The Block)

Odaily reports: U.S. President Trump recently once again advocated cutting U.S. interest rates to 1% or even lower, arguing that lower financing costs can boost corporate investment, reduce government debt costs, and enhance U.S. economic competitiveness. Meanwhile, on September 16, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75%-4.00%, the first rate hike since July 2023. Boston Fed President Collins subsequently expressed support for the hike, saying that inflation risks remain above the Fed's 2% target and that monetary policy needs to remain somewhat restrictive to bring inflation down sustainably. (Reuters)

Odaily reports that Aave founder Stani posted on X to clarify views regarding Aave V4, stating that the Hub and Spoke in V4 are isolated by default based on risk profiles, but markets with similar risk can share liquidity through the Hub and increase capital utilization and capital efficiency within set limits. Stani said that completely isolating liquidity could lead to capital fragmentation, reduced utilization, and higher user costs.Stani also stated that V4 has attracted approximately $1.2 billion in deposits and is deployed across multiple networks including Ethereum, Avalanche, and Arc, while also supporting third-party curators such as EtherFi. The V4 codebase is significantly smaller than Aave V3, and Spoke can directly use the Hub's liquidity without needing to build up liquidity from scratch like traditional curated vaults.

Odaily reports that according to Blockaid monitoring, QiDao Protocol's stablecoin miMATIC on Polygon is still in a depegged state, currently trading at about $0.86, roughly 14% below its $1 peg. Blockaid stated that as of now, the depeg situation is still ongoing.

Odaily reports: Although the S&P 500 is near its all-time high, market breadth remains weak. As of Wednesday, 257 constituents of the S&P 500 had fallen below their 200-day moving average. In contrast, the crypto market has performed relatively strongly, with 88 of the top 100 tokens by market cap (including BTC and ETH) trading above their 200-day simple moving average (SMA), and most of them also above their 50-day, 100-day, and 200-day moving averages. CoinDesk noted that most crypto assets, including BTC, ETH, XRP, and SOL, remain significantly below their all-time highs. Dick Lo, founder and CEO of TDX Strategies, said institutional capital continues to flow in through ETFs, driving momentum in major crypto assets and some altcoins, and noted that the key level to watch for BTC is currently $90,000, with the 2026 high of $97,900 as a medium-term target. Bernardo Brites, co-founder and CEO of Trace Finance, said that funds are currently flowing in primarily through ETFs rather than stablecoins, making the market more prone to pullbacks. (CoinDesk)

1. HyperLiquid prices Chinese assets, offshore exchanges challenge global financial regulation;2. Hong Kong SFC adds Vebit to suspicious virtual asset trading platform list;3. Hitting a record high, Hyperliquid open interest reaches $18 billion;4. Binance to list OURAUSDT USDT-margined Pre-IPO perpetual contract;5. Former Hack VC partner Hsin-Ju found dead in California at age 37;6. Losing approximately $200,000, a whale liquidated 5.338 million PONS tokens;7. Hong Kong SFC introduces new digital asset licensing regime, plans to develop regulatory framework for tokenized gold and RWA;8. Hyperliquid LIT's largest short seller still "holding the line" on short position, unrealized loss exceeds $10 million;9. Trump's latest financial disclosure shows his account bought Strategy stock twice in July, with the largest single purchase at $100,000;10. Kalshi files rule change application with US SEC, plans to list perpetual stock futures.