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The prediction market Kalshi has submitted proposed rule changes to the U.S. Securities and Exchange Commission and filed for approval with the CFTC to launch perpetual futures contracts anchored to individual U.S. stocks. This proposal echoes the application submitted by Coinbase on the same day, as both companies aim to introduce popular perpetual futures products from the crypto market into the traditional stock market.According to the proposal, the relevant contracts will not have a preset expiration date and will maintain price consistency with the underlying stocks through periodic funding payments between long and short positions. Kalshi stated that these contracts will be treated as securities futures products and will be cleared through its CFTC-registered clearinghouse, Kalshi Klear. Previously, Kalshi has offered perpetual futures anchored to Bitcoin, Ethereum, Solana, and XRP in the U.S., with its Bitcoin perpetual contract receiving CFTC approval in May of this year.The competition for U.S. stock individual perpetual futures is expanding. Kraken's parent company Payward has also submitted an application through its Bitnomial Exchange, planning to initially offer perpetual futures anchored to 10 U.S. stocks, including Tesla, Nvidia, Apple, Microsoft, and Amazon, and is committed to achieving trading five days a week, 24 hours a day. These applications were submitted after the CLARITY Act failed to advance in the Senate on September 15, with SEC Chairman Paul Atkins stating that regardless of legislation, the agency will act decisively within its existing statutory authority to provide regulatory certainty for investors and entrepreneurs.

Coinbase co-founder and CEO Brian Armstrong stated that The Wall Street Journal is writing a report blaming the failure of the CLARITY Act on Coinbase and himself. He mentioned that the newspaper has repeatedly taken an adversarial stance towards CLARITY in related reports and echoed the views of banking lobby groups.Armstrong stated that in January of this year, he opposed a draft that was about to be submitted for committee vote due to significant issues in areas such as DeFi, tokenization, CFTC authority, and stablecoin rewards, which could harm the crypto industry, and that support was scattered and difficult to pass. Afterward, multiple parties modified the draft, and about four months later, the version submitted to the committee had addressed the aforementioned four issues. He expressed that the final draft submitted to the Senate is good and he strongly supports it, and will continue to advocate for clear rules that treat crypto fairly.

According to the official announcement, Bitget has launched the U-based STONK perpetual contract, supporting up to 10 times leverage, and the contract trading Bot will be opened simultaneously.

According to Arkham monitoring, the Zcash whale address t1Lyq transferred approximately $362.56 million worth of ZEC last night, with $15 million deposited into Coinbase, marking the first recharge to the trading platform by this address in 10 months.Ten months ago, this batch of ZEC was worth approximately $163.88 million. Arkham stated that the whale has realized a paper profit of about $361 million from holding ZEC since 2025.

According to The Defiant, the decentralized lending protocol Morpho announced that the lending market for Coinbase's tokenized stocks has launched on Base. Holders can use five types of stock tokens as collateral to borrow USDC at floating or fixed rates. Since August, Coinbase has been issuing these stock tokens to users outside the United States, allowing users to store them in self-custody wallets, enabling collateralized lending to obtain dollar liquidity without selling their positions.Data shows that borrowers have pledged stock tokens worth $104,400, borrowing $54,700, with a total supply of approximately $60,300 across five markets. All five markets are curated by Steakhouse Financial, with its two Steakhouse High Yield USDC vaults providing 98.9% of the funding in the largest market. The markets cover five tokens: Apple, Alphabet, Nvidia, Meta, and SpaceX, with the liquidation loan-to-value ratio (LLTV) for the Apple, Nvidia, Meta, and SpaceX markets at 62.5%, and 77% for the Alphabet market.Currently, all borrowing occurs in the floating rate market, and there are no outstanding positions in the fixed rate layer Midnight's 95 markets. The utilization rates for the Apple, Alphabet, and Nvidia markets reach 90%, with borrowing rates at 5.62%; the Meta market has a utilization rate of 97%, with borrowing rates rising to 17.52%. Morpho's total deposits on Base amount to $4.03 billion, with total chain deposits reaching $10.42 billion.

According to the official announcement, the Binance Futures platform will launch the USDBRLUSDT USDT-denominated perpetual contract on September 21 at 22:00, with a maximum leverage of up to 100 times.

Coinbase posted on platform X that Coinbase Derivatives, LLC is a designated contract market registered with the U.S. Commodity Futures Trading Commission.The risks of futures trading can be high, and each investor must assess whether this investment is suitable for themselves.

According to The Wall Street Journal, Coinbase has applied for regulatory approval to launch perpetual contracts linked to major U.S. stocks on its regulated derivatives platform in the U.S., targeting about 50 to 60 stocks, including Apple, Microsoft, Tesla, and Nvidia, with plans to launch within the year after approval. The product is intended to be listed by Coinbase Derivatives and traded by Coinbase Financial Markets for clients, requiring approval from the SEC and CFTC.The report states that Coinbase is already offering cryptocurrency perpetual contracts and thematic stock index perpetual contracts in the U.S., and has launched individual stock perpetual contracts for non-U.S. users in March this year. At the end of May, the CFTC approved the listing of perpetual contracts on registered platforms in the U.S. Individual stock perpetual contracts are currently mainly traded on the decentralized exchange Hyperliquid and have not yet landed on regulated platforms in the U.S. The prediction market platform Kalshi has also applied to launch regulated individual stock perpetual contracts.

According to DeFi Llama data, the market capitalization of stablecoins on the Base network has surpassed 5 billion dollars.

Binance contracts will launch U-based and coin-based quarterly 0326 contracts on September 25, 2026, at 16:00. U-based contracts include BTCUSDT and ETHUSDT, with a maximum leverage of 50 times. Coin-based contracts include BTCUSD CM, ETHUSD CM, BNBUSD CM, XRPUSD CM, and SOLUSD CM, with a maximum leverage of 50 times (some contracts 20 times).

The Binance Futures platform will launch multiple U-based perpetual contracts on September 18, including PATHUSDT, AMCUSDT, CYPHUSDT, ANETUSDT, HUTUSDT, APLDUSDT, and AGPUUSDT. The specific launch time is from 17:00 to 17:30, with one contract launching every 5 minutes, and the maximum leverage can reach up to 20 times.

According to Onchain Lens monitoring, a certain whale withdrew 55,800 HYPE from Coinbase, worth approximately 4.65 million USD; over the past 9 days, a total of 107,900 HYPE has been withdrawn, worth approximately 9.11 million USD.

According to monitoring by Lookonchain, BlackRock deposited 54,096 ETH (worth 131.7 million USD) and 2,015 BTC (153.8 million USD) into Coinbase Prime.

Paradigm founder Matt Huang commented on Zcash via Twitter. He stated that all blockchain ecosystems face the long-term funding challenge for public goods, and funding developer funds through inflation is a relatively elegant mechanism; how funds are allocated can be discussed and continuously improved. In the context of accelerating AI network attack capabilities and advancements in quantum computing, developer funds remain very important.Regarding governance, Matt Huang mentioned that as Zcash is increasingly accepted by more users as a complementary asset to Bitcoin for privacy, voting solely based on the amount of tokens held will bring uncertainty and may limit its long-term trust as a monetary asset. The project is better off combining token-based voting with other forms of governance.

Onchain Lens reported that BlackRock accumulated and withdrew 656.71 BTC (approximately 49.79 million USD) and 5150 ETH (approximately 12.28 million USD) from Coinbase Prime, totaling approximately 62 million USD.

Federal Reserve Chairman Waller stated that he would not disclose details of the Federal Open Market Committee's future interest rate decisions and emphasized that he is not responsible for providing forward guidance.Waller mentioned that today's rate hike decision was made after careful consideration, not driven by the market, but based on an assessment of the current situation, employment trends, and economic strength.

Coinbase announced that it will launch BLUE CHIP (BLUECHIP) spot trading today.If liquidity conditions are met, the BLUECHIP-USD trading pair will open later today in supported trading regions.

According to the official announcement, Coinbase today added BLUE CHIP (BLUECHIP) and Ritual (RITUAL) to the asset listing roadmap.

Founder of Strategy Michael Saylor stated that as the CLARITY Act faces obstacles, he expects the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department to continue advancing digital asset regulatory rules based on existing laws, without waiting for Congress to complete legislation.Saylor anticipates that banks will expand Bitcoin custody and Bitcoin-collateralized loan services, with more funds flowing into Bitcoin and digital credit. He added that the GENIUS Act will support further adoption of stablecoins, and the development of the crypto industry does not need to be paused due to the stagnation of the CLARITY Act.

Virtuals Protocol announced the launch of Occupy, a product that serves as a launch platform deployed on Base. Each token on Occupy is paired with a tokenized stock, and all tokens corresponding to the same stock are collectively injected into the same treasury, which is managed by a ten-seat AI Senate elected by the holders.40% of each fee is used to purchase the paired stock and inject it into the treasury. The Senate can decide to hold the stock, allocate stock to holders, or repurchase tokens, and operate the community X account. Candidates must publish their ideas and declarations, and holders vote to decide the seats. Creators can receive 30% of each fee.