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According to a report by Reuters, if the Democrats gain control of the House of Representatives or the Senate after the midterm elections in November, they are expected to launch investigations into business dealings related to Trump and his family, focusing on the cryptocurrency, prediction markets, and investment businesses involving the Trump family, as well as companies that funded projects for the White House.The report states that controlling either chamber of Congress will give the Democrats more resources for committee investigations and subpoena power, with some investigations potentially starting as early as February next year. The subjects of investigation frequently mentioned by Democratic lawmakers include the venture capital firm 1789 Capital, in which Donald Trump Jr. is involved, as well as cryptocurrency companies related to the Trump family, but a final list of investigations has not yet been established.Additionally, Republican Senator John Curtis has previously called for an investigation into some of Donald Trump Jr.'s business relationships, believing that the commercial activities of the presidential family should be subject to consistent congressional oversight.

According to TheEnergyMag, Bitcoin mining company Hut 8 announced that it has secured a $1.07 billion senior secured revolving credit facility, with a term of four years. The funds will be used to support the company's liquidity needs and energy and digital infrastructure projects.

According to Onchain Lens monitoring, the market maker Wintermute currently holds a short position of 126.25 million USD on the decentralized trading platform Hyperliquid.The main positions include: ETH short of 46.92 million USD, SOL short of 11.3 million USD, HYPE short of 10.03 million USD.

Analyst Darkfost pointed out that the MVRV ratio (Market Value to Realized Value ratio) of short-term holders (STH) of Bitcoin has risen to its highest level since November 2025. This increase was driven by the price breaking through the short-term holder cost benchmark of approximately $73,100, significantly enhancing market momentum between August and September.The current MVRV ratio is 1.15, indicating that short-term holders are, on average, in a 15% profit state, and their holding market value has exceeded the realized value. This level is worth close attention, as it may prompt short-term holders to take action, especially to realize profits.

The Wall Street Journal reported that a small group of artificial intelligence researchers is discussing how to avoid catastrophic artificial intelligence risks in a co-working space named Constellation in Berkeley, California. Sources close to the space indicated that employees from Anthropic also have office space there. The report noted that Anthropic researcher Jacob Coxon resigned this month, bringing public attention in the U.S. to the notion that "uncontrolled AI development could end humanity."The report stated that individuals in the relevant AI safety circles have been concerned about this issue for over a decade. They have honed their arguments in shared houses in the Bay Area and exchanged predictions at conferences in Berkeley and the Bahamas, discussing ideas such as purchasing remote islands, stockpiling iodine tablets, or relocating to desert electromagnetic shielding bunkers. A cocktail named "Death With Dignity" appeared on the drink menu at an event in 2022, referencing an article that suggested humanity is doomed to fail.The Wall Street Journal stated that these so-called doomsayers are among the earliest employees of OpenAI and Anthropic, both of which were founded on the principle of preventing AI dangers. They continue to exert influence, with some personnel and project funding coming from networks associated with effective altruism, including the former CEO of the now-defunct cryptocurrency exchange FTX, Sam Bankman-Fried; the report noted he is currently serving a 25-year prison sentence.

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 The Wall Street Journal, U.S. President Trump has rejected Iran's proposed seven-day ceasefire plan and is considering resuming bombings against Iran after the midterm elections in November.Trump is skeptical about whether Iran will meet its demands and has informed his aides that a new round of bombing operations may occur. The U.S. and Tehran are still negotiating through mediators, and Trump has no intention of lifting the maritime embargo.

Coinbase launches Bitcoin-collateralized fixed-rate, fixed-term USDC loans through Morpho Midnight, allowing borrowers to obtain USDC without selling their Bitcoin. The interest rate and repayment date for the product are determined at the start of the loan; if borrowers do not repay the USDC and interest before the due date, the collateralized Bitcoin may be reclaimed.The existing active or outstanding loan volume of Bitcoin-collateralized loans with floating rates supported by Morpho at Coinbase has exceeded 1.4 billion dollars, with collateral valued at approximately 3 billion dollars.

Analyst Darkfost stated that Bitcoin long-term holders (LTH) currently have an realized profit level of about 72%. Although they are in a profitable state, there is still a significant gap compared to previous market peaks.In comparison, in December 2024, LTH realized profits once approached 350%. Darkfost believes that long-term holders are currently in a relatively moderate profit-taking phase, similar to the levels during the last bear market, so most LTH may prefer to continue holding rather than cashing out on a large scale at this stage.

Renowned trader Bonk Guy responded to criticisms regarding long-term holding of tokens and not choosing to sell, stating that long-term holding of high-confidence assets is part of his trading strategy, and he does not believe that one must sell after a significant price increase.Bonk Guy indicated that PONS is the most promising utility token in his portfolio, currently valued at approximately 400 million dollars; USELESS is his most favored meme coin, currently valued at around 270 million dollars. Neither has reached 1 billion dollars, while some meme coins and protocols that performed strongly in the previous cycle had market capitalizations exceeding 4 billion to 5 billion dollars, which is why he has chosen to continue holding them.

According to official news, Gate has launched the world's first stock event contract, expanding the underlying coverage from crypto assets to traditional stocks, supporting bullish or bearish trades in short cycles such as 5 minutes and 15 minutes.As a flexible and efficient short-term trading tool, the Gate event contract has four core advantages: in terms of risk control, the product features zero leverage and low risk, with no forced liquidation or margin call mechanism, and the maximum loss is limited to the initial invested principal; in terms of rules and mechanisms, the criteria for price rise and fall, settlement standards, and transaction fees are all open and transparent throughout the process; in terms of trading flexibility, it supports closing positions at any time, allowing users to control the pace, lock in profits, or stop losses in a timely manner; in terms of participation threshold, it only requires an investment of 5 USDT to start, helping investors quickly implement short-term strategies.Currently, the official incentive program has been launched simultaneously. The second phase of the Gate event contract limited-time trading competition officially started on September 21 at 16:00 (UTC+8) and will continue until October 1 at 08:00 (UTC+8). The event includes rewards for first trades and consecutive trades for new users, daily trading volume tiered rebates for all participants, and a grand prize for cumulative trading volume leaderboard, with participating users having the chance to win a prize pool of up to 12,500 USDT.

According to Gate market data, spot gold and silver have rebounded in the short term, with spot gold rising nearly 10 dollars, currently reported at 4,296 dollars/ounce; spot silver has risen nearly 0.3 dollars, currently reported at 64.9 dollars/ounce.Iranian officials stated that Iran is reviewing the United States' response to end hostilities against Iran.

CryptoQuant analyst Darkfost pointed out that although the price of Bitcoin is rising, sustained buying pressure is still difficult to rebuild, and market signals are mixed. The cumulative spot demand over the past 30 days is -180,000 BTC, still negative, while futures demand is +54,000 BTC, still positive but slightly declining. The total average demand improved from -188,000 BTC to -126,000 BTC, narrowing the gap but still remaining in negative territory. Recently, there has been a divergence between price and total demand; Bitcoin's price has risen, but total demand has not turned positive, indicating that the increase is more driven by reduced selling pressure rather than strong buying.Looking at different sectors, the demand recovery is not uniform. For institutions, the geopolitical and macro environment is poor, but the Coinbase Premium, weighted by trading volume, has briefly turned positive, indicating that U.S. spot prices occasionally have a premium over other markets, and institutional selling pressure has significantly eased. ETFs have seen the biggest change in this round, with demand completely reversing compared to this summer, having recently net purchased about 70,000 BTC. The cumulative net inflow for 2026 is still about -17,000 BTC, but it is close to turning positive. In terms of trading platforms, the entire month of September has been characterized by net outflows, leaning towards accumulation rather than distribution. Bitcoin leaving trading platforms usually means that short-term selling pressure is lighter. Analyst Darkfost summarized that the current price increase is not due to enhanced buying pressure, but rather because investors have not continued to increase selling pressure at higher price levels, and the market structure remains fragile.

According to official news from Gate, the number of stock underlying assets supported by Gate's perpetual contracts has exceeded 450+, continuously expanding the coverage of popular global stock perpetual contracts, creating the trading platform with the widest industry coverage and the most underlying assets for stock perpetual contracts.Driven by both ecological expansion and market enthusiasm, several star stock derivatives on the platform are actively traded. According to data from the Gate platform, SpaceX (SPCX) is currently priced at $154.75, up 1.91% in 24 hours; Micron Technology (MU) is currently priced at $1094.41, up 4.89% in 24 hours. CoinGlass data shows that the open interest for Gate's SPCX contracts has reached $98.48 million; the open interest for MU contracts has reached $71.03 million. Both have ranked third in the entire network in terms of open interest, demonstrating a high level of market recognition.

According to on-chain analyst Yu Jin's monitoring, the FTX / Alameda Research asset liquidation team transferred 27,372 ETH to Wintermute through 6 wallets 3 hours ago, worth 75.32 million USD, suspected to be entrusted to Wintermute for sale. The related address is 0xCe84...f228.

According to Onchain Lens monitoring, after HYPE broke through 97.5 USD, Wintermute has begun to transfer HYPE tokens in large quantities to major centralized exchanges.

U.S. President Trump stated that Iran is the world's number one supporter of terrorism and will never be allowed to possess nuclear weapons. Trump has repeatedly urged Iran to negotiate and mentioned that an agreement could be reached after the midterm elections. Trump emphasized that the U.S. is expanding its military assurance capabilities, with ammunition reserves far exceeding expectations, and plans to open a large ammunition factory.He also mentioned that oil flow has reached its highest level, and if the conflict with Iran ends, oil prices will drop significantly.

Wintermute released the market weekly report, stating that the Federal Reserve passed an interest rate hike of 25 basis points to 3.75-4% with a unanimous vote of 12-0 on September 21. Sixteen officials expect at least one more rate hike this year, and inflation is not expected to return to the 2% target before 2029.The two major catalysts that the market was focused on—the FOMC rate hike and the CLARITY Act—have both materialized: the CLARITY Act failed to pass in the Senate (49-50, not reaching the 60-vote threshold), and the SEC and CFTC immediately stated they would formulate cryptocurrency regulatory rules under existing authority. The market adjusted for only one trading day before recovering. BTC traded this week in the range of $75,000 to $81,000, with a weekly closing price of $81,159, marking the first time since last November that it has stood above the 50-week moving average; ETH rose 6.7%, trading in the range of $2,350 to $2,600.In terms of ETF funds, there was a net outflow of $746 million from Tuesday to Wednesday, followed by a return of $593 million from Thursday to Friday, resulting in a net outflow of about $6 million over five trading days, with the outflow triggered by CLARITY almost fully replenished within 48 hours. Entering this week, both BTC and ETH broke through the upper range before the U.S. stock market opened, accompanied by about $250 million in short liquidations, with BTC briefly reaching $86,000, a new eight-month high.

Famous trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, shares his long-term outlook on Ethereum, stating that the current Ethereum price is around 2794 USD, indicating a potential rise to around 8600 USD after breaking through the 5000 USD resistance. Additionally, Peter Brandt believes that the long-term target for XRP could reach 5.4 USD.