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Nate Geraci, President of ETF Store, expressed that his initial interpretation of the latest notice from the U.S. Treasury regarding 351 exchanges is not as optimistic as some industry insiders. Geraci believes that if the asset portfolio transferred into the ETF significantly differs from the ETF's own investment strategy, it may face issues, especially in cases where the related assets are quickly reduced or completely sold off through physical redemptions.He also pointed out that the Treasury's guidance is not clear regarding the specific applicable boundaries, making it currently difficult to determine which operations may be permitted. Further guidance is expected to be issued in the future.

According to Saudi media outlet Hadass, sources say that Iran has agreed to stop uranium enrichment in exchange for the United States easing sanctions.

Japan's top foreign exchange official, Jun Mimura, stated that the market should recognize the "very clear" signals released last week by Japan and the United States regarding the yen issue, demonstrating a determination to take action against excessive declines.Japan's Finance Minister, Shunichi Suzuki, mentioned that U.S. President Trump expressed concerns about the weakness of the yen during a summit with Japanese Prime Minister, Sanae Takaichi. Jun Mimura emphasized that they will closely monitor market reactions and expressed dissatisfaction and unease regarding the recent yen trends.

CryptoQuant analyst Axel Adler Jr. stated that the price of Bitcoin is currently around $83,000, with the outflow rate of Bitcoin from exchanges reaching its fastest level since October 2025.On-chain data shows that as of September 27, the average daily net outflow from exchanges over the past 7 days has reached 16,100 Bitcoins, reflecting a contraction in the supply of chips on exchanges.

According to on-chain analyst Onchain Lens (@OnchainLens), the address 0xc745...1464 deposited 177,500 HYPE to OKX and Bybit 1 hour ago, worth approximately 16.08 million USD, suspected to be preparing for sale.Two days ago, the same address transferred 89,050 HYPE to Binance, Kraken, OKX, and Gate, worth approximately 8.21 million USD. The two transactions combined transferred a total of 266,600 HYPE, with a total value of approximately 24.29 million USD.

According to monitoring by Lookonchain, Monochrome Exchange, an Australian digital asset management company founded by Jeff Yew, former co-founder and CEO of Binance Australia, has launched the MCR token IEO, raising over 5.5 million USDT to date.The total supply of MCR is 210 million tokens, of which 5%, or 10.5 million tokens, are allocated for this public IEO. The IEO tokens will be locked for 1 month after the TGE, followed by a 3-month linear release. MCR holders can enjoy discounts on spot and derivatives trading fees, priority subscription rights for Digital IPOs and token issuances, and can earn rewards through staking, enhance Launchpad quota weight, and participate in node programs, while also engaging in platform governance through Monochrome DAO.20% of the platform's net profit will be used for open market repurchases of MCR and destruction each quarter, while 25% of the Digital IPO fee income will be included in the quarterly repurchase and destruction fund, aiming to continuously reduce the circulating supply of MCR through platform business growth.On September 13, 2021, Monochrome announced the completion of a $1.8 million Series A financing round, co-led by Litecoin founder Charlie Lee, Blockstream Chief Strategy Officer Samson Mow, former Binance Chief Financial Officer Wei Zhou, and founders of Blueshyft and DeFi protocol Synthetix, Kain Warwick, with a post-investment valuation of approximately $15 million.On August 18, 2022, Monochrome Asset Management obtained the country's first financial services license (AFSL), which will be used to issue cryptocurrency-related exchange-traded funds (ETFs).

Recently, the Beijing Shijingshan police successfully intercepted a new type of cross-border telecom fraud case, freezing 780,000 yuan in involved funds and returning it to the victims. In this case, 53-year-old Mr. Liu received a fraudulent call from abroad while accompanying his child studying overseas. The scammer impersonated domestic police, fabricated false allegations of money laundering, and induced him to urgently request money transfers from his family in China.The funds were subsequently transferred into the accounts of two other Chinese students studying abroad. Upon investigation, it was found that these three individuals were all victims of the same fraud gang, exhibiting characteristics of "multiple scams in one case, with victims serving as money laundering tools for each other." The scammers first transferred funds into the accounts of some victims, then coerced them into exchanging for U currency to assist in the transfer, which was highly concealed and involved complex cross-border links. The police successfully "awakened" the victims through patient persuasion, preventing greater losses.

Cryptocurrency analyst Darkfost stated on the X platform that based on the inflow of BTC from long-term holders (LTH) to exchanges, during the market peak in March 2024, LTH were most active in the bull market phase, with daily inflows to exchanges exceeding the annual average by more than five times.In contrast, LTH were relatively calm during the peak in 2025, and as the bear market began, their activity significantly increased, with the annual average daily inflow of BTC rising from about 600 to around 1000. As the market approached the bear market bottom, the inflow on certain trading days far exceeded the annual average, which aligns with the situation where previous high-level buyers realized increased losses.Darkfost noted that currently, LTH-related activities are gradually cooling down, with inflows to exchanges still significantly below the annual average, indicating a change in their behavior, and the market is becoming more rational.

According to Cointelegraph, the Internal Revenue Service (IRS) in the United States has stipulated that for transactions in 2025, brokers generally need to report the sales income from digital assets, but in most cases, they do not need to report the cost basis, and taxpayers still need to calculate their gains and losses themselves; starting from 2026, brokers will need to report the cost basis for eligible digital assets. The IRS also emphasized that even if a taxpayer does not receive a 1099-DA, they still must report income and gains and losses related to digital assets.During the first tax season applying the 1099-DA reporting rules for cryptocurrency assets in the United States, some investors are facing issues such as missing transaction data and difficulties in verifying cost basis. A survey conducted by Awaken Tax in August among 1,000 U.S. cryptocurrency investors showed that 21% of respondents who have filed or plan to file for an extension are still waiting for exchanges or cryptocurrency platforms to provide the necessary information; about 20% indicated that their 1099-DA form information is incomplete or are unsure whether it accurately reflects their trading situation.

The U.S. SEC filing shows that Bitwise NEAR ETF has submitted Form 8-A registration statement, applying to register its common beneficial certificates on the NYSE Arca exchange.The document indicates that the ETF is sponsored by Bitwise Investment Advisers, LLC, and the corresponding S-1 filing was submitted to the SEC on September 16.The Bitwise NEAR ETF aims to provide exposure to exchange-traded products related to NEAR assets. This Form 8-A was signed on September 24, signed by Bitwise Chief Operating Officer Teddy Fusaro.

According to Decrypt, on-chain data shows that approximately $183 million in crypto assets flowed from a wallet marked as Bitget to a newly created address. Bubblemaps and Arkham analysts flagged this unusual activity on September 24, stating that Bitget may have been hacked. The funds were transferred from the exchange's hot and cold wallet reserves within about an hour, involving tokens such as ETH, USDT, USDC, AVAX, BNB, and XAUT.The first anomaly came from the hot wallet. A new address starting with 0xe410 utilized $19.67 million in USDT within 6 minutes, exchanging it for 7,111 ETH through UniswapX and 1inch Fusion, with the transaction price about 5% higher than the market price. On-chain researcher DCF GOD pointed out that subsequently, more wallets marked as Bitget transferred ETH, AVAX, BNB, USDC, USDT, and XAUT to the same address. The outflow of funds stopped about 6 minutes after the first suspicious transaction and remained silent for at least 20 minutes thereafter.Some users reported that withdrawals were blocked, and Bitget has not issued a public statement nor responded immediately to Decrypt's request for comment. On-chain analysts stated that the marked Bitget wallets still hold approximately $500 million in assets. Bitget had launched a $300 million protection fund in 2023 to cover losses from hacks, thefts, and other incidents.

According to the latest ranking of stock derivatives exchanges published by RootData, the three exchanges with the largest price differences among the listed exchanges are HTX, OrangeX, and BingX, with price differences of 0.868%, 0.28%, and 0.25%, respectively.It is reported that this price difference is weighted by the 24-hour trading volume, and a higher value usually indicates higher trading costs.

According to a report by TASS, Bogdan Shablya, head of the financial monitoring and foreign exchange regulation department of the Central Bank of Russia, stated that the Central Bank of Russia expects that after the implementation of laws related to digital currencies, the issue of illegal cryptocurrency exchanges will be resolved, and the related "gray area" should disappear before July 1, 2027.After that, the market will be clearly divided into "white" and "black" parts, with corresponding penalties implemented.

According to PR Newswire, Blockchain.com and the New York Stock Exchange Group (NYSE Group) announced the signing of a memorandum of understanding (MOU), planning to provide Blockchain.com’s global users with trading access to tokenized U.S. listed stocks and ETFs through the digital ATS platform previously announced by NYSE, with the implementation still pending regulatory approval.The cooperation includes two-way market data distribution: ICE Data Services, a subsidiary of NYSE, plans to distribute Blockchain.com’s cryptocurrency market data and analysis to its subscription clients; Blockchain.com will integrate data sources from ICE and NYSE to provide real-time stock quotes for over 44 million registered accounts.Citi Institute predicts that the market size of tokenized assets will reach $5.5 trillion in the baseline scenario by 2030. Tokenized stocks offer advantages such as fragmented ownership, round-the-clock trading, access for global investors, and faster on-chain settlement.

According to the Citi Research podcast, Citi's Global Macro Strategy Head Dirk Willer and the Head of Quantitative Global Macro and Asset Allocation Team Alex Saunders engaged in an in-depth discussion about recent market dynamics. The two strategists pointed out that most central banks currently maintain a hawkish stance, but the Bank of Japan unexpectedly released dovish signals, which have a key impact on the USDJPY trend.Meanwhile, Bitcoin has shown a significant rebound recently, which may indicate a new round of changes in digital asset investment strategies in 2026, as institutional investors' interest in the crypto market continues to rise.

The cryptocurrency derivatives platform BitMEX has ceased trading, deposits, and opening new positions, retaining only the withdrawal function. The platform announced on social media platform X that as of this Tuesday at 04:00 UTC, the aforementioned services will no longer be available. Users can still log in and withdraw their balances through the official website, but deposits have been confirmed as impossible. BitMEX was co-founded by Arthur Hayes, Ben Delo, and Samuel Reed in 2014, known for promoting perpetual contracts as mainstream trading tools in the cryptocurrency derivatives market.BitMEX urges customers to withdraw their funds as soon as possible and states that account fees will be charged to users with completed KYC certification who still have a balance, billed monthly, at a standard of 1% annualized on assets or a minimum equivalent of $50, whichever is higher. The company emphasizes that this shutdown does not freeze customer assets, and the withdrawal channel remains open during the liquidation process.BitMEX announced its closure in July this year, following a strategic assessment by its parent company HDR Global Trading, as the exchange's market share in the perpetual contract market it helped create continued to decline. According to research data from CoinDesk, the monthly trading volume of centralized cryptocurrency exchange derivatives reached $3.4 trillion in August, with an annual scale potentially reaching $50 trillion. Previously, BitMart also announced its shutdown in July after nine years of operation due to market conditions.

According to Caixin, on-chain perpetual contract platforms represented by Hyperliquid have quietly risen overseas for some time. The platform was founded by a former Wall Street high-frequency trading engineer, without external VC funding, relying on its self-developed dedicated L1 public chain and a full on-chain order book to stand out in the DEX track.The trigger that attracted the attention of the domestic market and regulatory authorities was the launch of popular perpetual contracts involving Chinese assets, combined with offshore derivatives such as oil contracts under the previous Iranian geopolitical conflict. While pricing diverse assets, the platform also challenges global financial regulation. Against the backdrop of the stalled progress of the Clarity Act in the United States, such offshore unlicensed derivative agreements continue to develop.