the market shows BTC falling below $116,000, now trading at $115,986.8, with a 24-hour increase of 0.57%. The market fluctuates greatly, please do risk control.

 market shows ETH breaking through $4500, now trading at $4500.31, with a 24-hour increase of 0.01%. The market is fluctuating significantly, so please manage your risks.

 according to Citigroup research, historical data shows that both US stocks and bonds have positive returns around the first interest rate cut. The median increase in stocks in the 50 days after the rate cut is around 5%, but there is downside risk in a hard landing scenario. Bonds also benefit from expectations and actual rate cuts, with yields typically reaching a low point around the first rate cut. The performance of the US dollar index shows a "weak first, then flat" pattern, usually weakening before a rate cut, but entering a range-bound pattern after the cut. Precious metals like gold also rise before the implementation of loose policies, but tend to perform flat after an actual rate cut, showing more of a range trading pattern. Citigroup analysts stated that these historical patterns were largely confirmed in 2024, but bond prices peaked around the first rate cut. At that time, the market priced in the rate cut aggressively, while the current cycle has a relatively mild pricing, easing concerns about the outlook for bonds. 

according to Crypto in America, the U.S. Congress held a meeting on September 17 to promote legislation on strategic reserves for Bitcoin. Many Republican lawmakers, including Senators Ted Cruz and Marsha Blackburn, as well as industry representatives such as MicroStrategy founder Michael Saylor, attended the meeting.

 Bullish has obtained the BitLicense issued by the New York State Department of Financial Services (NYDFS), which is an important regulatory approval that will allow the institution's digital asset platform to provide spot trading and custody services to New York customers. (CoinDesk)

 Qatar National Bank Group (QNB Group), Standard Chartered Bank, and DMZ Finance announced the launch of a regulated tokenized currency market fund QCD Money Market Fund at the Dubai International Financial Centre (DIFC). The fund is initiated and managed by the largest bank in the Middle East and Africa, Qatar National Bank Group (QNB Group), with DMZ Finance serving as the co-initiator and exclusive provider of tokenized infrastructure.

Yunfeng Financial Group, indirectly owned by Jack Ma, announced that its blockchain technology team successfully tokenized the physical assets of the FOF (Fund of Funds) shares invested by its wholly-owned subsidiary (Real-World Asset Tokenization, RWA), and issued the first RWA project independently completed by Yunfeng Financial, further promoting the deep integration of traditional finance and blockchain technology. It is reported that the FOF fund invested by the wholly-owned subsidiary of Yunfeng Financial Group mainly focuses on alternative assets (directly or indirectly investing in credit and real estate-related debt securities markets), and issues part of the investment shares of the fund in token form to enhance transparency.

Crypto braces for a Fed rate cut as Washington tussles over central-bank independence; traders bet easier policy lifts risk appetite for BTC, ETH, SOL.

Donald Trump’s latest Fed pick cited a “third mandate” for the bank to moderate long-term rates, potentially justifying yield curve control policies, which could boost Bitcoin.