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According to CoinDesk, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has completed her term today. She served in the agency for over 8 years and voted against the committee's decisions to take enforcement actions instead of creating industry-compliant rules multiple times, and she was an early proponent of the token safe harbor proposal.Hester Peirce previously led the Crypto Task Force and stated that the SEC's duty to protect investors includes using regulatory authority to provide regulatory boundaries for the rapidly expanding digital asset industry.

Cryptocurrency analyst @AxelAdlerJr stated that the buying pressure indicator in the Bitcoin futures market has risen to 4.9, the highest since August 19; the contract open interest has increased by nearly 9,000 BTC within 24 hours.This indicator reading means that the accumulated buying pressure over the past 12 hours is nearly five standard deviations higher than the average level of the past week. @AxelAdlerJr indicated that if the Bitcoin price remains above $85,000 while the upward momentum weakens, the upward trend is likely to continue; if the price falls below $83,000, the liquidation of newly established long positions may accelerate the decline.

Coinbase released a report indicating that the profit-taking scale of BTC has risen to its highest level of the year, while market demand has cooled. On September 22, holders realized a profit of 25,700 BTC in a single day, the highest daily level since 2026. At the same time, the unrealized profit margin for short-term traders rose to 33%, the highest since December 2024.Meanwhile, in the past 30 days, the apparent spot demand for BTC has decreased by 170,000 coins; the incremental speculative futures demand also dropped from 164,000 coins on September 14 to 16,000 coins on September 29.

According to Coinglass data, Bitcoin's return rate in the third quarter of 2026 reached 42.71%, setting the second highest record since 2013, only behind the 80.41% quarterly return rate achieved in the third quarter of 2017.

According to Coinglass data, Ethereum's return rate in the third quarter of 2026 reached 70.8%, setting the highest record since 2016, while the return rate in the third quarter of 2025 reached 66.55%, ranking second.

According to a report by The Block, CryptoQuant's research director Julio Moreno pointed out that Bitcoin's closing price last week was above the 365-day moving average, confirming the start of a new bull market. However, Moreno stated that after Bitcoin reached an eight-month high of $87,400, several indicators show that upward momentum is weakening, and a market correction may follow.The report noted that the on-chain unrealized profit margin for short-term traders has risen to 33%, the highest level since December 2024. Historically, when profit margins are at similar levels, it often prompts traders to take profits. Data shows that on September 22, Bitcoin holders realized profits of 25,700 BTC in a single day, setting a record for the highest daily profit since 2026; the altcoin market also showed signs of selling pressure. The seven-day cumulative number of altcoin transactions rose to 76,000, the highest level since October 17, 2025. Meanwhile, spot demand continues to shrink, and the growth of futures demand has significantly slowed.After Bitcoin previously reached an eight-month high of around $87,400, the upward momentum has shown signs of fatigue. Julio Moreno indicated that if a correction occurs, the 365-day moving average (around $80,000) will serve as the primary support, followed by the 200-day moving average (around $71,000) and the on-chain realized price for traders (around $67,000). Provided that the support levels hold, this correction is more likely to be a healthy consolidation in a young bull market rather than a trend reversal.

According to Catcher Predict monitoring, the "Eagles vs. Bears" event is currently among the hottest trades on the prediction market Polymarket, with a total pool size reaching 3.5668 million dollars. The option with the highest market consensus is "O/U 24.5," corresponding to a winning probability of approximately 92.5%.

Financial newsletter The Kobeissi Letter stated on X: The scale of U.S. stocks held by non-U.S. investors is at a historical high. The account wrote that in July, investors outside the U.S. held $24.32 trillion in U.S. stocks, marking the third largest scale in history.The Kobeissi Letter noted that since the beginning of this year, foreign investment in U.S. stocks has increased by $2.22 trillion, a growth rate of 10%. Since the bear market of 2022, this holding scale has increased by $12.3 trillion, a growth rate of 103%.The newsletter also stated that the allocation ratio of foreign capital to U.S. stocks has risen to 60% of their U.S. financial assets, setting a record, and is currently about 6 percentage points higher than the peak during the 2000 internet bubble.

On September 28, according to Gate market data, the yield on the U.S. 10-year Treasury rose to 5.234%, the highest level since mid-2007. The yield on the 30-year Treasury rose to 5.542%, the highest level since 2004.This indicates that the market's pricing of long-term risks has significantly increased, with heightened concerns about inflation stickiness, the Federal Reserve maintaining high interest rates, and the sustainability of massive fiscal deficits and debt. The long-term borrowing costs for governments, businesses, and consumers are pushed higher, which typically suppresses stock market valuations and tightens global financial conditions, potentially restraining economic growth.

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.

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), announced she will resign on October 2. She published her resignation letter on social media platform X on Friday, revealing this date. Peirce is known in the industry as "Crypto Mom," having long advocated for clear rules for the crypto industry. During the tenures of Jay Clayton and Gary Gensler as chairmen, the SEC took a tough enforcement stance on crypto, while she continued to push for industry regulation. During the Trump administration, she was involved in rule-making and was appointed last year to lead the newly established SEC crypto working group.Her work in crypto encompasses policy statements and guidance on areas such as mining, staking, and meme coins, with the most important aspect being the classification and definition of various crypto assets to clarify regulatory jurisdiction. Recently, the SEC began proposing formal rules, the first being "Regulation Crypto Assets," which establishes a framework for issuing crypto assets that does not trigger strict securities regulation. The SEC also opened a path for tokenization of securities, known as "innovation exemptions," to initiate the era of securities tokenization with a five-year limited period.Peirce will become an associate professor at Regent University School of Law. After her departure, the SEC will have only two commissioners left, Atkins and Mark Uyeda, and the rules allow the two to constitute a quorum. On the same day, the SEC released a frequently asked questions document on crypto assets, addressing how to avoid triggering the "necessary managerial efforts" determination when marketing tokens, and discussing issues such as when staking receipt tokens and secondary markets are considered "promoters" of investment contracts.

The yield on Japan's 10-year government bonds rose by 10 basis points to 3.075%, the highest level since 1996. The yield curve increased across all maturities, with the 5-year yield rising by 9.5 basis points to 2.37%.The sell-off of U.S. Treasuries intensified, driven by strong economic data and weak demand at Treasury auctions, pushing U.S. bond yields to near twenty-year highs. Rising oil prices have heightened inflation concerns, reinforcing expectations for interest rate hikes by the Federal Reserve.

According to Alternative data, the Crypto Fear and Greed Index has risen to 78, reaching its highest value in nearly a month, up from 70 yesterday, with an average of 66 last month. Market sentiment has returned to the extreme greed zone.Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

According to the official announcement, Bitget has launched 470 stock spot rTokens including rMANU (Manchester United), rKC (Kingsoft Cloud), rVGLT (Long-Term Government Bond ETF - Vanguard), rFBND (Fidelity Total Bond ETF), rRWM (Russell 2000 Short - ProShares), covering various sectors such as industry ETFs, broad-based ETFs, and bond ETFs. As of now, the Bitget platform supports a total of 2,139 rTokens.It is reported that the rTokens identified by the letter r + stock code (for example, Nvidia is rNVDA) are issued by Reality, a licensed RWA protocol under Bitget, and are directly connected to global liquidity pools such as NASDAQ and NYSE through cooperation with compliant broker Alpaca. Their features include: 1:1 reserves of underlying assets held by licensed custodians, stock dividends distributed in token form at a 1:1 ratio, support for corporate actions (such as stock splits and consolidations) mapped in real-time, and positions can serve as joint collateral for unified accounts and U-based contracts, allowing users to flexibly manage funds while holding global stock assets.

Attackers exploited a signature verification bypass vulnerability in the Kasplex KRC-20 off-chain indexer to transfer 186 million ZEAL and 54.398 billion NACHO without holding the private keys of the bridge custody wallet. They executed five forged transactions to mint the tokens through the Igra Labs EVM layer and Kasplex L2, then sold them to the Zealous Swap liquidity pool. The KAS side of the affected liquidity pool experienced a value loss of 94% to 99.6%.Igra has suspended iKAS withdrawals to Kaspa L1 and Hyperlane transfers, and has warned users to avoid bridging KRC-20 tokens, buying ZEAL or NACHO on the L2 DEX, and adding liquidity to the related pools. The Kaspa L1 consensus and unbridged Igra assets were not affected. Zealous Swap stated that the operators need to fix the indexer and re-index the history, rejecting transactions with empty signatures, abnormal tags, and transactions containing scripts after OP_ENDIF.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs yesterday was $296 million. The Bitcoin spot ETF with the highest net inflow in a single day was Morgan Stanley ETF MSBT, with a net inflow of $3.4724 million. Currently, the historical total net inflow of MSBT has reached $542 million.The Bitcoin spot ETF with the highest net outflow in a single day was Blackrock ETF IBIT, with a net outflow of $144 million. Currently, the historical total net inflow of IBIT has reached $63.833 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $95.185 billion, and the ETF net asset ratio (the market value relative to the total market value of Bitcoin) is 6.22%. The historical cumulative net inflow has reached $54.569 billion.

According to the Bloomberg Billionaires Index, ByteDance founder Zhang Yiming has become the richest person in Asia for the first time with a net worth of over $105 billion, surpassing Indian billionaire Gautam Adani.At 43 years old, Zhang Yiming's wealth has increased eightfold from $13 billion when Bloomberg began tracking in March 2019. He previously faced a regulatory battle that nearly led to TikTok being banned in the United States.

OpenRouter's latest data shows that last week, user spending on OpenAI models surpassed that of Anthropic. This is the first time since February 2024 that Anthropic's two-and-a-half-year lead has been broken. The biggest change came from Astra, whose model accounted for about 19% of the total spending on OpenAI and Anthropic, surpassing Opus 5's 16%, making it the highest-spending model last week, while GPT-5.6 Sol and Luna each accounted for about 10%.OpenAI's rebound had actually begun earlier. After significant price reductions for Terra and Luna this summer, usage on OpenRouter surged, with some users continuing to use it even after the discounts ended. After Astra launched, OpenAI ultimately pushed its spending share above 50%. However, this only represents the relative spending of OpenAI and Anthropic on OpenRouter and cannot be directly equated to the entire API market or the total revenue of the two companies.

According to Blockworks data, Solana dApp recorded nearly 8 million dollars in daily revenue on September 11, reaching the highest level since October 2025.

Micron announced today that it will distribute 2026 fiscal year bonuses to over 60,000 employees worldwide to acknowledge the company's achievements this year, marking the highest bonuses in Micron's history. Taiwan is a key hub for Micron's global technology leadership, with approximately 15,000 employees and a cumulative investment of over NT$1.6 trillion.In Taiwan, the 2026 fiscal year bonuses include a NT$1 million cash bonus for each employee who joins before August 29, 2025, with subsequent hires receiving bonuses proportionate to their duration of employment; an annual performance bonus that can reach up to 500% of the basic target; and additional stock awards. Production line employees in Taiwan will receive total compensation equivalent to 35 to 68 months of salary. The cash compensation for Micron's employees in Taiwan for the 2026 fiscal year will start at NT$1.7 million; entry-level engineers will have an average cash compensation of NT$2.9 million, with an average total compensation of NT$3.4 million after including stock awards calculated at grant value. The annual performance adjustment stock awards will cover 100%.Regarding Micron's announcement without reaching a consensus with the union, the union stated after collecting member opinions: grassroots members demand institutional reform and equal negotiation, calling for a change in the IPP profit-sharing system to a 15% profit-sharing system, stating that one-time bonuses cannot resolve the issue, and expressing the hope to establish a calculation basis directly linked to the company's actual profits. If there is no response, the union will continue to move towards a strike. The Ministry of Labor stated that it has fully grasped the relevant information and is maintaining close contact with the Taoyuan City Government, the Central Taiwan Science Park Administration, and the Taichung City Government.