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Stubborn high inflation has led Trump to confront Federal Reserve Chairman Waller this week, as the market prepares for the Fed to raise interest rates despite the president's demands.Economists warn that if the Fed does not support a rate hike on Wednesday, its "credibility" will be at risk. Trump reiterated that the U.S. should have the "lowest interest rates in the world" and may be dissatisfied with a rate increase.

According to crypto journalist Eleanor Terrett, U.S. Senate Republicans have released a new version of the CLARITY Act text, referring to it as the "last, best, and final proposal" presented to Democrats before the debate vote ends on Tuesday. The new text includes several adjustments related to ethical standards, BRCA, stablecoin earnings, and provisions related to the Agriculture Committee.Among them, Trump has agreed to about 80% of the content of the Tillis-Gallego ethical standards proposal, including the sale of "significant" crypto-related financial interests or placing them in a blind trust; the stablecoin earnings section introduces a "circuit breaker mechanism," allowing federal regulators to intervene if there is a large-scale flow of community bank deposits into stablecoins, with the relevant judgment to be made by U.S. Treasury Secretary Scott Bessent. Additionally, the scope of BRCA's protections has been narrowed, and the new text further strengthens restrictions on vertical integration, including related party transactions and conflicts of interest involving digital commodity exchanges, brokers, and dealers.

Former U.S. President Trump rejected calls from several senior officials to slow down the development of AI models. During the Irish Open, he stated that the United States is the most advanced country in the world and hopes to maintain this situation. Trump believes that there are many negative forces pushing for matters that should not be raised.

White House economic advisor Hassett stated, "Both Trump and I believe there is no reason to raise interest rates, and it is important for the Federal Reserve to maintain the status quo before the election. Trump fully respects Waller's independence."

U.S. President Trump stated: "We should have the lowest interest rates in the world, and the promised $5,000 (subsidy) should be easy for Congress to pass. I always keep my promises.The war in Iran will end, possibly before the midterm elections or right after the midterm elections. Iran is very eager to reach an agreement. I don't care if the Gulf countries meet with Iran; that is their choice.Ukrainian President Zelensky must do one thing; he must stop attacking Russian diesel fuel. We have had discussions with Ukrainian President Zelensky."When asked if the artificial intelligence industry should slow down its development pace, Trump stated: "Whoever wins in artificial intelligence will win the future."

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 U.S. SEC is reviewing Grayscale's application to rename the Grayscale Litecoin Trust to "Grayscale Litecoin Trust ETF," which is planned to be listed on NYSE Arca under the stock ticker LTCN.

Electrum has released version 4.8.2, which includes multiple security fixes and enhances the security of the Bitcoin wallet codebase. The related fixes are based on reports from researchers such as Bitcoin Red Team, Calle, l0rinc, haoxucu, and m0wer.This version addresses a critical backup issue affecting some Lightning wallets that use non-deterministic keys and anchored channels. Previously, the channel backups and full wallet backups of affected wallets may have lacked the keys necessary to transfer funds on-chain after a remote force close request; affected users will receive a warning when starting Electrum and should export a new backup, as the old backup cannot correctly restore funds in this scenario.This version also strengthens Lightning HTLC verification, rejects previously acceptable format errors in xpub/xprv keys, expands the scope of codebase security enhancements, and prevents the Android QR code scanner from reading screenshots. This is the third security-focused version release of Electrum since July, following versions 4.8.0 and 4.8.1.

After meeting with Irish President Catherine Connolly in Dublin, when asked about the new concerns regarding Saudi Arabia and whether he could help with the traffic passage in the Strait of Hormuz, U.S. President Trump stated, "Everything will be resolved smoothly."

On-chain detective ZachXBT posted on his personal channel that Revolut allegedly leaked some users' personal identifiable information (PII) due to failing to recognize a forged government agency information request.According to his disclosure, Revolut previously received a request for customer information retrieval that appeared to come from a real government agency and was sent through the agency's official email domain. Because the email had valid domain authentication information, Revolut believed the request was legitimate and responded accordingly.The potentially involved data includes users' names, birth dates, occupations, addresses, email addresses, and phone numbers, as well as copies of passports or driver's licenses, identity verification selfies, account statements, IBANs, withdrawal records, and complete transaction histories, including Bitcoin transaction records. Revolut stated in the notification sent to users that no biometric facial telemetry data was leaked.ZachXBT indicated that the scale of the incident may currently be limited, but it appears to primarily target high-net-worth users. Several Revolut users received notifications regarding the related security incident yesterday. Revolut officials had previously reminded users to verify suspicious information through in-app customer service to avoid providing personal or financial information.

Tesla (TSLA.O) announced that its Semi Truck is about to enter the European market.

The well-known American political and economic media The Kobeissi Letter expressed its views on platform X, stating, "Trump effectively made interest rate cuts a prerequisite for Walsh to serve as the Federal Reserve Chair. So will Walsh really raise rates in his first adjustment after being appointed by Trump as the Federal Reserve Chair? We believe the market has overestimated the likelihood of a rate hike in September."The Kobeissi Letter, as a domestic American political and economic media outlet, has 2.6 million followers on platform X. This media has published analyses and predictive articles regarding Trump's words and actions multiple times, and Trump has also retweeted reports from this media on the Truth platform.

Arbitrum's investment strategy director Brendan Ma stated: Arbitrum's weekly revenue has risen to third globally, with treasury revenue exceeding 4.3 million dollars in the past 30 days, of which over 50% came from the previous week. Revenue in Q3 to date is approximately 140% higher than Q2, with sources including Arbitrum One transaction fees, Robinhood Chain AEP licensing fees, and treasury income.Arbitrum leads in the number of RWA deployments, exceeding 4,500, with AUM reaching 1 billion dollars. The 30-day transaction volume grew by 124% to 395 billion dollars, and tokenized stocks doubled to over 200 million dollars. Arbitrum One's cumulative transaction volume exceeded 2.8 billion transactions, with Chain GDP reaching 1.8 billion dollars, a year-on-year increase of 22%, and perpetual contract positions peaking at 1.8 billion dollars.In terms of the ecosystem, Carbon's cumulative transaction volume exceeded 100 million dollars, T3tris TVL reached 13.4 million dollars, and USD.AI TVL reached 500 million dollars. Venmo, Stripe, Shopify, and Cash App have supported USDC or PYUSD-related functionalities on Arbitrum.

Former U.S. President Trump stated in a Fox News program that although a war with Iran might affect the U.S. midterm elections, he does not regret starting the war.He emphasized that if he could do it all over again, he would do it exactly the same way as before, and he dismissed speculation from supporters who are dissatisfied due to the war. Trump also stated that this war would end immediately after the midterm elections.

According to Fox Business, the Trump administration is collaborating with OpenAI to use artificial intelligence tools.

According to Cointelegraph, cryptocurrency exchange Coinbase has partnered with financial platform Moov to provide stablecoin infrastructure for over 1,000 community banks and credit unions within Moov's customer base. The two parties will combine Coinbase's regulated digital asset infrastructure with Moov's payment platform to offer stablecoin payment acceptance, settlement, and real-time funding services.This infrastructure will support use cases such as consumer stablecoin payments, merchant settlements, and payments, and will provide businesses and merchants access to Coinbase's custodial accounts. U.S. community banks typically have total assets of less than $10 billion, including state-chartered institutions and savings and loan holding companies.This collaboration comes as major U.S. banks are experimenting with stablecoin infrastructure. On Wednesday, U.S. Bank, the fifth-largest commercial bank in the U.S., completed a real-time cross-border payment using its proprietary stablecoin USBDC on the Stellar blockchain. Earlier this month, 21 financial institutions, including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank, and UBS, announced plans to form a company to issue stablecoins. Additionally, Western Union also partnered with stablecoin infrastructure provider Rain in August to launch a digital wallet and Visa-branded card.

According to The Information, SpaceX has disclosed that it will make significant adjustments to the construction methods of its AI data centers, which may slow the expansion rate of new data center campuses.According to insiders, Musk has recently assigned a group of rocket engineers to oversee the construction of data centers. Unlike his past emphasis on a "rapid action" management style, the new team has adopted a more cautious approach to construction. Two years ago, Musk built data centers for his AI business at a record pace, but this adjustment in construction methods may extend the construction timeline for the new campuses.