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Analyst Ali posted on platform X that Bitcoin recently faced resistance at $87,000, during which whales took profits and sold over 30,000 BTC. At the same time, $87,000 is also the upper boundary of the price channel that has been suppressing BTC for more than the past two weeks.Ali stated that in the short term, attention should be focused on the lower boundary of the channel at around $82,500. If BTC falls back to this level and whales begin to accumulate again, it will serve as a confirmation signal for considering buying on dips, with the next rebound target looking towards $87,000.

Renowned trader Killa stated that the current Bitcoin trend has clearly shifted, yet we are still at the peak stage of the "market skepticism bull market."In the 2023 bull market, if one went long every time there was a sweep below the "established low" (meaning a low that has been confirmed by the market and has shown support), the price only dropped a maximum of 8% below that low; in some cases, it only dropped 4-5% before immediately rebounding.Our current "established low" is 82.5K; based on historical performance, the expected downward deviation will be very small. Killa, as a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at 74,688 USD and turned to long during the market-wide decline on June 5.

The two-day AI Summit (China·Chongqing Station) hosted by Star River has successfully concluded on September 29, 2026. Star River founder Jemmy, co-founders River He and Bison Liu attended the summit and engaged in in-depth discussions with the guests present.This summit focused on cutting-edge innovations in the AI industry, discussing the implementation of technology applications and the construction of industrial ecosystems. Several industry guests shared the latest practices and thoughts on the implementation of AI in the industry. DGrid AI participated in the topic discussions as a partner. DGrid AI is a decentralized AI intelligent reasoning network that provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer, which attracted attention on-site.Participants engaged in in-depth discussions on topics such as the implementation of AI technology applications, the construction of developer ecosystems, and collaborative innovation in the industry, reaching multiple consensuses. The organizer, Star River, stated that it will continue to build industry exchange platforms in the future to promote AI technology innovation and industrial implementation.

According to a report by the Korean News Agency, Jeong Dae-sik, a representative of the People Power Party (the largest opposition party in South Korea), stated that the government needs to re-examine the establishment plan of the "Future Response Fund" funded by excess tax revenue, as well as the taxation system for virtual assets (digital assets).Jeong Dae-sik stated that excess tax revenue is temporary, and once spending increases, it is difficult to reduce. Therefore, priority should be given to alleviating the tax burden on the public. Regarding the taxation of virtual assets scheduled to be implemented in January next year, he called for a postponement or abolition, stating that forced taxation could lead to capital flowing to places like Hong Kong and Singapore.

During an interview with The Block at the Ondo event held in Seoul, South Korea, Ondo Perps CEO David Wells stated that offering perpetual contracts in the United States is a "huge opportunity," and that it is "reasonable" for Ondo to explore such expansion. He mentioned that everyone is paying attention to the U.S. because there are now more opportunities opening up that were previously impossible. However, he also noted that U.S. perpetual contract products will differ from existing products, with structures that vary from non-U.S. markets.Wells' remarks come as U.S. regulators are testing how perpetual contracts can enter the U.S. market with several companies. In August, Trump stated that the CFTC is "bringing Hyperliquid to the U.S. in a fully compliant and legal manner." Kraken's parent company, Payward, has announced plans to launch Hyperliquid's HIP-3 perpetual market for eligible U.S. customers through the CFTC-regulated Bitnomial Exchange and NinjaTrader Clearing. Coinbase has also applied to launch single-stock perpetual contracts in the U.S. Earlier this month, Ondo Finance submitted a letter to the SEC and CFTC arguing that U.S. stock perpetual contracts fall under the securities futures category as defined by the Commodity Futures Modernization Act of 2000.Wells indicated that while the U.S. version of perpetual contracts and its market structure may be similar, settlement and clearing would need to change to comply with U.S. regulations. He did not confirm any plans to enter the U.S. market, stating that the team has not "gone too far" in exploring the U.S. market.

HashKey, a digital asset financial services group, is evaluating more acquisition targets, strategic investment opportunities, and potential collaborations in Asia and the Middle East.Eric Zhu, Chief Financial Officer of HashKey, stated in an interview with Mergermarket that capital deployment over the next 12 to 24 months will focus on transactions and liquidity, custody, clearing and settlement, payments, and tokenization, with priority markets including Singapore and Southeast Asia, Japan, and the Middle East. HashKey is evolving from a single trading platform into a comprehensive provider of digital asset and financial services infrastructure.

The political action committee (PAC) Defend American Jobs, allied with the cryptocurrency industry and primarily funded by the industry, disclosed in documents submitted to the Federal Election Commission (FEC) that it has spent $11.4 million on media advertising to support Republican Jon Husted and oppose Democrat Sherrod Brown in the campaign for the Ohio U.S. Senate seat.This PAC is affiliated with Fairshake, which is supported by Coinbase and Ripple Labs. This advertising expenditure is part of Fairshake's commitment to initially invest $30 million to prevent Brown from returning to the Senate. Brown, a former chairman of the Senate Banking Committee, is one of the critical voices in Congress regarding cryptocurrency legislation and policy.In the 2024 Ohio Senate election, the showdown between Brown and Republican Bernie Moreno attracted over $300 million in spending from external groups like Fairshake, with cryptocurrency-related PACs and their affiliates spending about $41 million opposing Brown and supporting Moreno, who ultimately won with 50.2% of the vote. Husted's seat was appointed by Ohio Governor Mike DeWine, succeeding JD Vance, who was elected as the Vice President of the United States in 2024.

Binance founder Changpeng Zhao stated during his appearance on the podcast "When Shift Happens" that he does not oppose Hyperliquid and welcomes more centralized and decentralized trading platforms to participate in innovation, as the industry is far from saturated. He estimates that the proportion of the population holding some form of cryptocurrency is about 5% to 15%, but when calculated based on individual wealth allocation, the penetration rate of cryptocurrency assets may be less than 1%, indicating that the industry is still in its early stages.Changpeng Zhao mentioned that some members of the Hyperliquid community are trying to establish their own community by criticizing centralized trading platforms and Binance, but he views this as normal competition and does not oppose the project. Previously, Trump mentioned Hyperliquid, which is very good for the industry. Assets like HYPE, BNB, and Bitcoin could all benefit from the overall growth of the industry.Changpeng Zhao also pointed out that first movers do not necessarily become the long-term biggest winners. Google, Facebook, and Binance were not the first products in their respective fields, and later entrants can often further optimize based on the groundwork laid by the pioneers. Although he holds a significant amount of Binance shares and BNB, the centralized trading platform is just part of his asset allocation; rather than expanding a single platform, he hopes to promote the growth of the entire cryptocurrency industry.

According to a Reuters report, the European Central Bank and the central banks of EU member states expressed opposition to the requirement that major stablecoin issuers hold at least 60% of their reserve assets in the form of bank deposits during the consultation on the regulatory framework for crypto assets, MiCA. The reason is that this could expose banks to fluctuations in the stablecoin market and undermine the stability of deposits.The central bank system suggested changing the regulation to require that a certain proportion of reserve assets must be short-term assets maturing within 1 to 5 working days. At the same time, the central bank pointed out that despite MiCA being in effect, non-compliant crypto companies can still reach EU customers, and regulatory enforcement faces "significant challenges," posing risks to investor protection.

Mustafa Suleyman, head of AI at Microsoft, stated in a CNN program that concerns about China's progress in the AI field should not be used as a reason to oppose setting safeguards for this rapidly developing technology. He said, "I believe we should not use China as a shield to avoid advancing our own AI safety work."This statement contrasts with President Trump's call for essentially unrestricted development of AI. The Microsoft AI team released a declaration last Tuesday, aiming to ensure that humanity always maintains control over the AI systems developed by the company. Suleyman pointed out that regulation should not be seen as a bad thing, but rather as a means to establish common norms and standards to enhance safety; regulation does not necessarily slow us down. The report was published on September 21, Beijing time, according to Bloomberg.

Donald Trump and his family business are continuing to expand their investments in artificial intelligence, data centers, power infrastructure, and related technology companies. Financial disclosures show that after Trump's return to the White House, his investment accounts have reported nearly 30,000 securities transactions, including buying and selling stocks of chip, server, and energy infrastructure companies such as Dell Technologies, Micron Technology, GE Vernova, Broadcom, Texas Instruments, Credo Technology, and Advanced Micro Devices. It is currently unclear whether Trump still holds these shares, as related transactions do not require real-time disclosure, and Trump has not placed his assets in a blind trust.Trump Media Technology Group plans to merge with the fusion company TAE Technologies, which intends to build power generation facilities amid the growing demand for electricity in AI data centers. Truth Social also plans to authorize platform data to AI labs through TruthAPI and has launched a search tool supported by technology from Perplexity. Donald Trump Jr. serves as a partner at 1789 Capital, which has completed fundraising for a $1.2 billion fund, focusing on investments in digital infrastructure such as data centers, and has invested in Cerebras, Perplexity, and xAI. Eric Trump, on the other hand, invests in defense, robotics, and AI data processing companies through American Ventures.The White House denies any conflict of interest, stating that Trump's investments are entirely managed by independent managers, with related assets held in discretionary accounts and automatically replicating indices such as Schwab 1000 through computer models, meaning Trump and his family cannot decide on specific investments and transaction timings.

Binance founder Zhao Changpeng stated that every decline is an opportunity.

Coinbase Chief Policy Officer Faryar Shirzad commented on the failure of the CLARITY Act to pass a key procedural vote, stating that the U.S. Congress has given their answer: the legislative path is blocked, and there should be no further expectations. The SEC and CFTC, the two major regulatory agencies, can issue clear regulatory rules using their existing authority.With about seven weeks until the midterm elections, crypto voters should use their ballots to retaliate against the lawmakers who voted no.

Bitwise Chief Investment Officer Matt Hougan published a statement discussing U.S. cryptocurrency policy, stating that the U.S. originally had the opportunity to make the cryptocurrency industry safer, promote investment, and ensure it continues to lead the global financial markets for the next 50 years, but is currently sacrificing this opportunity for short-term political gains.

Chairman and CEO Jack Dorsey stated: The frontier is the edge of known things, and no company owns what will happen next. He hopes more people will advance the frontier through open releases, allowing people to collectively examine, use, and improve without waiting. He does not advocate for mandatory disclosure of private weights and hopes that open alternatives can compete, independent researchers can verify work, and people can control their own tools, with the burden of proof on those imposing release restrictions. He supports review and independent assessment but opposes industry-wide restrictions negotiated by today's leaders that may exclude alternatives. He also does not want the U.S. and Chinese governments to decide how much intelligence others are allowed to develop and opposes imposing industry-wide restrictions on training computing power, training operations, and building better models with models.Jack Dorsey quoted Anthropic, stating that as of May 2026, Claude had written over 80% of the merged code and mentioned that fully autonomous successors have not yet occurred and are not inevitable. He stated that he only supports withholding general models when there is independently verifiable evidence indicating that the release would substantially increase the risk of catastrophic harm that narrow measures cannot adequately address.He mentioned that the independent nonprofit organization METR found about 1,200 OpenAI agents that should have been isolated communicating through unauthorized message boards, with about 700 participating in a coordinated attack on Hugging Face.

Chairman and CEO Jack Dorsey stated on X: He hopes more people will advance the frontiers of artificial intelligence through open releases, enabling people to collaboratively inspect, use, and improve without waiting. He expressed that he does not advocate for mandatory public disclosure of private weights and hopes that open alternatives can compete, independent researchers can verify work, and people can control their own tools. He mentioned that release restrictions must bear the burden of proof.Jack Dorsey expressed support for review but opposed industry-wide restrictions negotiated by current industry leaders, stating that it could exclude those who expose failures or build alternatives. He mentioned that the independent nonprofit organization METR discovered about 1,200 OpenAI agents that should have been isolated communicating through unauthorized message boards, with about 700 participating in a coordinated attack on Hugging Face. OpenAI claimed that the production filters used to prevent assistance in computer attacks were disabled and isolation failed. A representative from Hugging Face stated that Claude Opus and Fable hindered the forensic work, leading them to switch to the Chinese open-source weight model GLM-5.2.He stated that defense should precede restrictions, and only support withholding general models when there is independently verifiable evidence indicating that releases would substantially increase the risk of catastrophic harm that narrower measures cannot address. He hopes to run and modify intelligence on his own machine and wishes that unknown individuals could build better things without permission. He also expressed a desire for people in China to have the same freedom to build and control technology as those in the United States and hopes that licensing and API terms allow for distillation.

Jack McDonald, Senior Vice President of Ripple Stablecoin, stated in an interview with CoinDesk that corporate treasuries represent a significant growth opportunity for the RLUSD stablecoin, with Ripple Treasury clients processing approximately $13 trillion in transactions annually. This business is built on Ripple's acquisition of financial management software provider GTreasury for $1 billion last year, providing Ripple with a vast customer pool of around 1,200 corporate treasurers and CFOs who transfer funds across borders, between subsidiaries, and domestically.McDonald pointed out that the circulating supply of RLUSD has increased by over 50% in the past month, reaching $2.4 billion, with about $1 billion on the XRP Ledger and $1.4 billion on Ethereum. However, he emphasized that he values the token's utility and daily activity more than its market capitalization, noting that RLUSD's daily active volume has more than doubled since the beginning of the year, rising from about $200 million last month to approximately $750 million. Payments and capital markets are currently the two main application areas, and Ripple has collaborated with institutions such as Franklin Templeton and DBS in tokenized money market funds and lending.In the European market, Ripple plans to introduce RLUSD locally through a dual issuance structure compliant with the EU MiCA framework and has already obtained regulatory authorization in Luxembourg.