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The 10-year U.S. Treasury yield returned to above 5.2% overnight, reaching a high not seen since 2007, putting pressure on global risk assets. Bitcoin has fallen back to around $83,000, with altcoins experiencing even larger declines. In this regard, Cloud, the chief analyst at Huobi HTX, believes that this drop is more akin to a normal pullback after a rebound and does not constitute the starting point of a trend reversal. The high U.S. Treasury yields mainly suppress valuations, with limited impact on the overall liquidity. The funding structure and holding costs of the crypto market itself have also not been disrupted. This round of decline seems more like a clearing of positions before key data is released.It is important to be cautious about the divergence between Bitcoin and altcoins. During a phase of marginal liquidity tightening, funds tend to concentrate on the most certain top assets; altcoins lack incremental funds to support them, and with heavier leverage, their pullbacks are therefore amplified. This divergence is likely to continue before the release of this week's PCE and non-farm data. If the data falls short of expectations, altcoins will have greater elasticity and thus higher risks; if the data exceeds expectations, Bitcoin's relative strength will be more pronounced. Whether Bitcoin can stabilize at key support levels will be the main signal to determine if this round of pullback has ended.Note: The content of this article does not constitute investment advice, nor does it constitute any offer, solicitation, or recommendation of investment products.

Spain has confirmed that cryptocurrency assets stored in self-custody wallets do not need to be declared as foreign assets. Cryptocurrency assets held in foreign custodial institutions must be declared if the holding value exceeds 50,000 euros; however, if they are bought on a foreign exchange and sold entirely within the same year, they do not need to be declared.

The founder of Pons, MEADGod, posted on platform X indicating that a social trading feature is about to be launched.Community member byTheGentleman added that this feature will be comparable to FOMO, or include real-time on-chain buying and selling dynamics, wallet tracking and instant alerts, verified profit and loss records, and trader leaderboards, as well as extending to Solana through Pump.fun.

Binance Wallet announced that Binance Alpha has launched Doppler Finance (XDP). Users holding at least 230 Binance Alpha points can claim 1666 XDP airdrops on the Alpha event page, on a first-come, first-served basis, until the airdrop pool is exhausted or the event ends.If the event has not ended, the point threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points, and users must confirm their claim on the Alpha event page within 24 hours, or it will be considered forfeited.

Manus officially launched version 2, which includes multiple updates in the underlying architecture, creative tools, and application layer.Upgrades to the underlying architecture and computing power: Equipped with the new generation self-developed Agent framework Cascade, tests show a 23.2% reduction in Token consumption, a 28.2% decrease in task duration, and a 32% reduction in costs; at the same time, the "cloud computer" was launched to provide a dedicated operating environment around the clock and supports automated workflows triggered by multiple software events.

The cryptocurrency trading platform Coinbase's subsidiary Coinbase Markets announced that the U.S. Commodity Futures Trading Commission (CFTC) has approved the launch of Coinbase Clearing LLC, which is Coinbase's own clearinghouse with USDC as its native collateral asset.Coinbase Markets stated that Coinbase Clearing is designed for round-the-clock settlement and supports USDC as collateral. The launch of this clearinghouse completes Coinbase's comprehensive layout of its regulated derivatives infrastructure.

The Asian bond market is expected to follow the decline of U.S. Treasuries, as the U.S.-Iran standoff keeps oil prices high, exacerbating inflation concerns and increasing market bets on further interest rate hikes by the Federal Reserve.New Zealand government bonds opened lower, and Australian government bond futures may decline. The benchmark 10-year U.S. Treasury yield briefly rose by 11 basis points to 5.27%, reaching a new high in 19 years; the 30-year yield rose to 5.55%. Morgan Stanley analyst Chris Larkin stated that the market's focus may still be on interest rates and energy prices.

Anthropic released Claude Sonnet 5.5 this Monday, as an upgraded version of Sonnet 5 launched in June this year. The official statement claims that this mid-range model operates over 30% faster than the previous generation, excelling in clearly defined daily tasks, fixing defects, and creating documents, slides, and spreadsheets, while also possessing sharp design capabilities. Its pricing remains at $2 per million input tokens and $10 per million output tokens, which is half of Opus 5.5, and the token consumption per task is nearly one-third less than Sonnet 5.In the Terminal-Bench 4 test, Sonnet 5.5 scored 70.6%, higher than Opus 5.5's 66.4%, and Sonnet 5's score was only 10.3%. Results from the independent testing organization Artificial Analysis also show its lead, recording 63.6% and 59.6%, while OpenAI's GPT-6 Astra scored 59.1%. In the GDPval-AA assessment of real job performance across 44 occupational categories, Sonnet 5.5 received a score of 1844, which is roughly on par with Opus 5.5's score of 1846, while GPT-6 Sol scored 1487.

According to Gate market data, U.S. stocks closed lower on Monday, with the Dow Jones down 0.67%, the S&P 500 index down 0.77%, and the Nasdaq down 0.92%. SK Hynix fell 5%, Meta dropped 4.8%, Tesla declined nearly 4%, and Nvidia rose 1.6%. The Nasdaq Golden Dragon China Index closed up 1.1%, with NetEase rising nearly 5%.

The Chief of Staff of the Iranian Army stated that the Strait of Hormuz has been closed. The enemy only claims verbally that the strait is open, but in reality, it has been closed.

Circle has partnered with payment technology company Volante Technologies to integrate USDC-related workflows into Volante's existing payment platform. Financial institutions can incorporate stablecoin payments and settlements into their existing systems without having to build a separate digital asset technology stack.Volante's clients include four of the top five corporate banks globally and seven of the top ten banks in the United States. These institutions will be able to evaluate processes such as USDC minting, redemption, wallet registration, fund injection, and inter-wallet payments, and use them in parallel with existing payment rails.

Ledger CTO Charles Guillemet stated that he disagrees with the view that "only about 30% of BTC faces quantum computing risks, while the remaining approximately 70% is secure due to public key hashing."Glassnode data shows that currently about 30.2% of BTC has exposed spending public keys on-chain, but Guillemet pointed out that this only reflects the static state on-chain; unexposed public keys may still exist in xpub, devices, PSBT, logs, or backups; and once a BTC transaction is initiated, the public key will be revealed before the transaction is confirmed.Guillemet cited research from Google Quantum AI stating that under currently non-existent high-speed quantum computer models, attacks on secp256k1 could be completed in about 9 minutes. Therefore, simply hiding public keys cannot solve the quantum risk, and Bitcoin will ultimately need to migrate to post-quantum cryptography.

Polymarket's Vice President Josh stated on platform X that the team is fully developing a complete Central Limit Order Book (CLOB) based on Rust, as the current CLOB is the root cause of most issues on the platform.According to the plan, the complete order lifecycle process, including trading, settlement, on-chain interaction, indexer, and engine notifications, will be completed in the testing environment in October; in November, all production traffic will be mirrored to the new trading cluster, and results will be compared with the existing system. At the same time, testing permissions will be opened to market makers, and the migration switch plan will be locked in, with two complete drills to be completed before the official switch.Josh also mentioned that if progress goes smoothly, the new system will be officially released, and the migration is expected to require little or no changes for market makers and developers.

According to The Wall Street Journal, Citigroup has reached a partnership with Coinbase, allowing Citigroup's institutional clients (including large multinational corporations) to accept customer stablecoin payments through Citigroup's merchant acquiring services. Coinbase will provide the stablecoin payment channel and underlying blockchain technology, automatically converting stablecoins into fiat currency, with Citigroup acting as the custodian bank to complete the funds settlement.At the same time, Coinbase's payment clients can leverage Citigroup's banking capabilities to receive, hold, and make payments using tools similar to bank accounts. The cash received will automatically be converted into stablecoins and stored in Coinbase, currently earning an annualized reward of 3.75% in interest-like benefits.

According to official news, OKEx Lite will launch the "Tether USDT Staking Earn Coin" event from September 29, 2026, 15:00 to October 4, 15:00 (UTC+8). During the event, users who purchase ETH can share a total airdrop reward of 400,000 USDT, with a minimum purchase amount of 0.01 ETH.Users can pre-purchase starting from September 28, 18:00 (UTC+8). During the pre-purchase period, users can still earn simple staking interest, while the USDT airdrop rewards will start counting after the event officially begins. Rewards are calculated hourly, and users can redeem their funds at any time; after the event ends, ETH that has not been actively redeemed will continue to participate in the simple staking products.

According to Bloomberg, China has expanded overseas travel restrictions for top AI private sector talent to include their family members. Sources say that for executives of AI companies deemed critical to national security, their immediate relatives such as spouses and children must obtain official approval in advance even for short-term trips abroad. Relevant departments have begun notifying affected individuals and will gradually enhance the list of restrictions on AI talent leaving the country. The Ministry of Industry and Information Technology of China did not respond to requests for comment.Previously, China's new "Regulations on Exit and Entry Administration" took effect on September 15, which imposes exit restrictions on individuals suspected of endangering national industrial and technological security. Reports indicate that concerns over the outflow of key technologies and talent intensified after Meta attempted to acquire Manus for $2 billion, ultimately leading to an order to cancel the deal and requiring certain tech companies to refrain from accepting U.S. capital investment without approval.