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Nate Geraci, President of ETF Store, stated that if the Clarity Act can gain enough votes to advance this week, it will be beneficial for the industry. However, he believes that the act is not a key factor in determining the future of cryptocurrency. Under the Trump administration, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission will use their existing powers to promote the development of cryptocurrency; the Clarity Act is more about enhancing regulatory certainty to further accelerate industry innovation.The speed of development in the cryptocurrency industry far exceeds the policy-making cycle. By the time the U.S. political sphere realizes that the financial system has already been upgraded, it may be difficult to reverse this trend. The Clarity Act will only serve as a further catalyst, providing clearer policy expectations for the cryptocurrency industry by enhancing market confidence that innovative achievements are not easily reversible, but the future of the cryptocurrency industry does not depend on whether this act can be passed.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $51,350 in a single bet on the "Federal Reserve's September decision" event, targeting "no change." Based on the current transaction price, the latest corresponding winning probability for this bet is 79%.

According to CryptoSlate, the voting in the Zcash community regarding the NU7 network upgrade will close on September 14. The core issue is to replace the periodic halving with a smooth issuance curve, and another issue is whether to shorten the block interval from 75 seconds to 25 seconds.This proposal does not change the total supply cap of ZEC, only adjusts the pace of new coin release; the vote is advisory in nature, and even if passed, development and deployment still need to be completed. ZEC recently reached a new high since 2018, currently priced at $1,093.21, ranking 10th by market capitalization.

"BTC OG Insider Whale" agent Garrett Jin released a market perspective stating that Bitcoin bulls are currently in an unfavorable position, with BTC continuing to hover above $76,500.Garrett Jin expressed that he is not optimistic about the current prolonged bottoming market, believing that the longer the consolidation period, the more likely BTC is to break below the $76,500 support and further seek lower support levels, rather than immediately reversing.He pointed out that if Bitcoin wants to show a stronger trend again, it needs to at least regain and maintain above $78,300.

Traders and sources say that unless deliveries are restored within a few days, the disruption in Saudi pipelines could lead to a 4% loss in global oil supply. Saudi Arabia's storage in Yanbu can only sustain exports for 5 to 7 days, and there is also a small amount of storage in Egypt.

According to POLITICO Pro, U.S. President Trump held a closed-door meeting with advisors on Friday regarding the ethical provisions for government officials in the Senate's proposed cryptocurrency bill, the Clarity Act. The bill is set for a crucial procedural vote in the Senate next Tuesday, with Senate Democrats demanding the inclusion of ethical constraints applicable to government officials to limit Trump's ability to profit from his family's cryptocurrency business. It is currently unclear who attended the meeting with Trump and what the conclusions were.Trump's senior cryptocurrency policy advisor Patrick Witt posted a positive signal on X on Saturday, stating, "Today is a bad day for the naysayers of the Clarity Act."The ethical provisions have been one of the key obstacles the Clarity Act faces in the Senate, with significant bipartisan disagreements over whether enforcement authority should be led by the Department of Justice or state attorneys general. The procedural vote next Tuesday will test whether the two parties can reach a compromise on this core dispute before the Senate recesses.

The new regulations from the Central Bank of Brazil require virtual asset service providers to meet compliance requirements related to capital, auditing, anti-money laundering, and ongoing reporting, with capital requirements reaching up to 37.2 million reais, approximately 7.2 million US dollars. Currently, among about 300 related institutions, only 20 to 25 may meet the conditions to apply for authorization, and it is expected that only 10 will obtain licenses.Some small platforms have ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute their decisions to the new regulations. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some businesses may struggle to maintain operations. Related institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers.Isabel Longhi, Head of Public and Regulatory Policy for Ripple Latin America, stated that market consolidation is expected to occur as the Brazilian crypto market matures, but the new regulations will limit innovation in the short term.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 60, down 2 points from yesterday. The average over the past 7 days is 65, and the average over the past 30 days is 62.

Cointelegraph reported that Morgan Stanley set a target price of $250 for Coinbase, implying an upside potential of about 43%, as its business expands beyond cryptocurrency.

BitMine Chairman Tom Lee stated that the cryptocurrency market will enter an extremely bullish phase in the next 12 months. He believes that the market experienced over $19 billion in leveraged position liquidations on October 10 last year due to the U.S. threatening to impose a 100% tariff on China, and a large amount of borrowed funds has been cleared, suggesting that the bottom of the cryptocurrency market's four-year cycle may appear next month.Tom Lee is also optimistic about the long-term opportunities brought by asset tokenization. He estimates that if $100 trillion in assets migrate on-chain in the future and generate 1% in revenue, it could produce about $1.1 trillion in annual revenue, corresponding to a market opportunity of about $20 trillion based on traditional business valuations.However, BitMine currently holds 5.93 million ETH, with related positions showing a paper loss of about $5 billion. Fundstrat has continuously advised clients to allocate 2% of their portfolios to cryptocurrency assets over the past decade; Tom Lee stated that in the accounts of clients who adopted this advice, cryptocurrency assets currently account for over 85% of their portfolios.

ChainCatcher crypto trader Bonk Guy posted on the X platform in response to the recent controversy surrounding his purchase of EMBER and explained his investment logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was about 3 million dollars but did not buy in. After observing for a day due to the rapid growth of platform data, he re-evaluated and bought in from a market cap of about 7 million dollars all the way up to a 20 million dollar market cap.Bonk Guy mentioned that EMBER is the main Launchpad based on Meteora, supporting the use of SOL, USDC, and over 150 tokenized stocks as paired assets for issuing tokens, and employs Meteora Dynamic Bonding Curve technology, while also providing features such as token tax distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember recorded about 51.7 million dollars in trading volume and 561,000 dollars in fees within 3 days of launch, with a total of 2,041 tokens issued, over 41,800 unique wallet addresses, and 149,000 Solana transactions. Bonk Guy compared his purchase of Ember to his previous trade in PONS, stating that he first saw PONS when its market cap was below 1 million dollars, similarly ignoring it for a whole day, and then began buying in at around a 4 million dollar market cap. Rather than whether a popular token has already emerged, it is more important to observe the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, and that Solana's meme trading ecosystem has developed over a longer period, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also mentioned that his trading decisions are not based on market consensus. Some of his past most successful trades often came from identifying opportunities before the market formed a consensus; by the time everyone recognizes it, the asymmetric upside potential is usually significantly reduced.Regarding the recent controversy, Bonk Guy stated that the claim "EMBER has over 50% of Bubblemaps address clusters" has been clarified by Bubblemaps; his previous statement that Ember "was launched by Meteora" is also inaccurate, with a more accurate description being that Ember is based on Meteora's related infrastructure, which is now included in the Meteora ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.

The head of research at digital asset management company Grayscale, Zach Pandl, stated in an analysis that even if Congress fails to pass the CLARITY Act this year, U.S. crypto regulation can still advance in areas such as stablecoins, token issuance, tokenized securities, and perpetual futures.U.S. President Donald Trump signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for the issuance of payment stablecoins. The act requires issuers to provide sufficient reserves and publicly disclose the composition of reserves monthly, prohibiting misleading claims that tokens are federally insured, backed by the U.S. government, or considered legal tender. The U.S. Securities and Exchange Commission (SEC) proposed Regulation Crypto Assets, which aims to allow eligible projects to raise no more than $5 million over four years, or no more than $75 million every 12 months. Relevant exemptions and investment contract safe harbors are still in the proposal stage, with the public comment submission deadline set for October 20.The recent procedural milestone for the CLARITY Act was the termination debate vote on the motion to advance held on September 15, which requires 60 votes to pass and is not the final vote. Grayscale stated that the act would still help clarify the division of regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), but its failure to pass would not halt the regulatory measures already in progress.

According to Bitcoin News, the Chief Technology Officer of BlueWallet stated that they screened 904 iOS applications labeled as non-custodial cryptocurrency wallets in the App Store and analyzed 494 of them, ultimately marking 45 as potentially having serious or high-risk security issues, with 23 being of potential serious risk and 22 being high risk.The issues mainly include suspected uploading of mnemonic phrases or private keys to servers, insufficient randomness in generated wallets, storing keys on the server side, using hard-coded encryption keys, and loading unsigned JavaScript code that can interact with sensitive wallet data. The Chief Technology Officer of BlueWallet cautioned that the analysis results may contain false positives, and applications not appearing on the list are not necessarily safe. When it comes to storing large amounts of Bitcoin, merely passing the App Store review and the application's reputation are not sufficient grounds to trust the software.

CryptoQuant Research Director Julio Moreno stated that after Bitcoin rose 24% in two weeks, it is currently facing temporary resistance, fluctuating in the range of $76,000 to $82,000. Its overall trend remains bullish, but it needs to break through the 365-day moving average located around $81,700 to confirm a new bull market; if it fails to break through, the price may continue to maintain a range-bound oscillation.On-chain data shows that the current nearest and most significant supply resistance zone is between $77,100 and $80,200, where long-term holders have sold up to 539,000 BTC in the past 30 days. Subsequent resistance levels are at $83,600 and $88,700, with $88,700 historically being a point where active traders often take profits. If Bitcoin turns downward, the 200-day moving average near $70,000 may provide support; another support range is between $62,000 and $65,000, where long-term holders have accumulated approximately 476,000 BTC this year.

The cryptocurrency brokerage platform Cascade (formerly Perennial) has announced its closure. The platform has spent the past 5 years dedicated to creating the next generation of modern brokerage experiences, a unified platform aimed at the global market, built around 24/7 access and unlimited availability.Cascade stated that this was not an easy decision and expressed gratitude to its supporters over the years. Cascade has now ceased operations. Users can withdraw remaining funds in Cascade (CLS+trading) through the officially designated link (logged in via Privy Home); please use only that designated link and refer to the official verification information for confirmation.

According to NBC, North Korea is utilizing remote IT workers from third countries such as Iran and Lebanon to assist in infiltrating American companies and obtaining funds to finance its weapons programs. Alerts issued by the U.S. and several foreign agencies in July indicated that North Korean IT workers "seek to sign contracts with the intention of remitting salaries back to relevant North Korean agencies," while also posing internal threats to companies, involving data leaks, cryptocurrency theft, and sensitive information theft.As governments like the United States increase countermeasures, North Korea is increasingly leveraging third-country IT workers to secure job interviews, and after obtaining work contracts, the relevant positions are typically taken over by North Korean agents. Reports indicate that these foreign IT workers are scouted on LinkedIn, with some earning about $500 per month in cryptocurrency to work part-time as "interview assistants."Cointelegraph reported in May, citing data from cybersecurity company CrowdStrike, that state-affiliated North Korean hackers and threat actors caused cryptocurrency losses exceeding $2 billion in 2025, a 51% increase year-on-year. The Bank of Korea estimates that despite facing global sanctions, North Korea's GDP will still grow by 3.5% in 2025.

According to a report by Decrypt, OpenAI's latest flagship model GPT-6 Astra has seen a surge of user complaints on the X platform about its performance "getting dumber" just a week after its release. An anonymous developer, synthwavedd, posted that "Astra feels noticeably dumber today," joking that it was a "post-release lobotomy." Previously praising the model, developer Pranjal Paliwal stated after reviewing the code Astra wrote for him: "We don't have AGI; what we're encountering is a performance regression."Developer Pankaj Kumar listed the symptoms: faster responses with poorer quality, and he suspects OpenAI has lowered the "juice value" (the computational power invested by the model before answering). Salio and researcher Md Ismail Sojal compared Astra on the release day with the current version using the same prompts, both yielding worse results. T3Chat founder Theo believes Astra is simply less stable than Claude Fable, with users beginning to showcase poor results after the honeymoon period ended. There are also opinions pointing out that OpenAI's previous flagship GPT-5.6 Sol experienced a similar cycle in July, when OpenAI executive Tibo Sottiaux denied intentionally weakening the model but admitted the company had been experimenting with "reasoning effort" settings.OpenAI has not released a statement regarding Astra similar to that of Sol.

CoinDesk cites the opinion of Tom Lee, co-founder and chief investment officer of Fundstrat Global Advisors, stating that the cryptocurrency market will be "very bullish" in the next 12 months.Tom Lee indicated that the excess leverage was cleared out last October, and the four-year cycle will bottom out next month.

According to the Daily Telegraph, the Reform Party in the UK received a second donation of £36 million within 48 hours. The party's largest donor, cryptocurrency billionaire Christopher Harborne, added another £36 million, matching the amount donated by Ben Delo on Friday, bringing the total raised by the Reform Party to £72 million in two days. The Reform Party has raised over £86 million this year, far exceeding the Conservative Party's £10.2 million and the Labour Party's £7.7 million.

The U.S. House of Representatives' fundraising committee is scheduled to review a series of digital asset tax legislation on September 16, advancing the crypto tax bill toward a full House vote. This review focuses on two core issues: when miners and stakers should pay taxes on newly created tokens, and whether the wash sale rules applicable to stocks should cover digital assets.The two key bills are the "Mining and Staking Tax Clarification Act" H.R. 9175 and the "Applying Existing Tax Anti-Abuse Rules to Digital Assets Act" H.R. 9172. The former stipulates that miners and stakers do not need to pay taxes immediately upon receiving new tokens but can wait until the tokens are actually sold to pay taxes as ordinary income; the latter extends wash sale and constructive sale rules to actively traded digital assets, closing tax loopholes that crypto traders have exploited for years.