Holding $2.4 Billion in ETH, SharpLink Gaming Stakes Another 42,100 ETH Today

Odaily reports: The Kobeissi Letter posted on X that gold prices plummeted, recording an extremely rare single-day drop not seen in nearly 20 years. Since 2006, gold's average daily change has been a gain of 0.05%, with a standard deviation of 1.19%. Today's decline corresponds to a Z-score of -2.90, placing it at the extreme left tail of the return distribution. The Kobeissi Letter added that, assuming a normal distribution, the probability of such a single-day drop occurring is approximately 0.2%, or roughly once every two years on average. The analysis suggests that surging US Treasury yields are exerting an unusual impact on the precious metals market.

Odaily reports, according to Lookonchain monitoring, after QNT's recent price increase, whales that had been dormant for over 3 years began selling. One whale deposited 8,250 QNT to Binance, worth $1.88 million; another whale moved 34,200 QNT, worth $8.05 million, and has deposited 9,000 QNT to Coinbase and Kraken, worth $2.12 million.

1. Citrini Analyst: Anthropic's growth has declined significantly, with ARR increasing only 1.8% quarter-over-quarter;2. Polymarket's probability of "Anthropic IPO before November 15" is now at 35%, up 16% in 24 hours;3. BlockTower founder claims Coinbase covered up over $1 billion in hack losses;4. MistTrack: Bitget attacker attempted to move stolen funds through Chainflip, but deposits were rejected and returned;5. Return rate of 884%: an address deposited 9,000 QNT to Coinbase and Kraken after holding for 7 years;6. Pons is about to launch social trading features;7. On-chain researcher: Strategy-related BTC transfers are merely routine internal fund reallocation by Fidelity custody, not a sale;8. Loss of $1.248 million: Hyperliquid whale Boomer stopped out of a $31.1 million altcoin long position before switching to shorting ZEC and NEAR.

Odaily News: Morgan Stanley interest rate strategists said in a report that after the Fed's September rate hike, it is expected to raise rates once more in December and once in March next year. However, current market pricing suggests that rate hikes over the next year will still be more aggressive. The strategists noted that market uncertainty regarding the Fed, economic growth, corporate bond issuance, and oil price trends is driving up expectations for further monetary policy tightening over the next 12 months. Nevertheless, Morgan Stanley believes the Fed's actual tightening will not reach market expectations, as key factors influencing the Fed's policy path will not become clearer until later this year. According to London Stock Exchange Group (LSEG) data, money markets currently expect the Fed to raise rates by a cumulative 100 basis points over the next 12 months. (Jinshi)

Odaily News: In the latest episode of the All-In Podcast, David Sacks stated that recent discussions about AI going out of control and "human extinction" are being politicized, with the finger being pointed at AI regulatory proposals pushed by Democrats.Sacks believes that if such policies set broad definitions and criminal liability for "superintelligence," they could create a chilling effect on US AI research and development, and push companies and developers to relocate overseas. He also compared this to the previous regulatory controversies faced by the US crypto industry, arguing that restricting AI investment and infrastructure development could impact US economic growth. The above judgments regarding political motives are Sacks' personal views.Currently, there remain clear divisions in the US approach to AI regulation. Trump and US House Speaker Mike Johnson will meet with executives from multiple AI companies on September 29 to discuss the balance between AI innovation and regulation. Confirmed or expected attendees include executives from OpenAI, Anthropic, Google, Meta, and Nvidia.

According to Lookonchain monitoring, SharpLink Gaming staked another 42,100 ETH today, worth $113 million. SharpLink Gaming currently holds 892,100 ETH, worth $2.4 billion, and has earned 27,900 ETH in staking rewards, worth $75 million.