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For the week ending September 26, the number of people continuing to claim unemployment benefits in the United States was 1.716 million, higher than the expected 1.708 million, and the previous value was revised from 1.701 million to 1.699 million.

ChainCatcher live report, at the Token2049 conference in Singapore, World Liberty Financial co-founder Eric Trump stated that over the past year, funds have rotated from the cryptocurrency market to the AI sector, suppressing Bitcoin prices, but "this is the greatest thing that could happen"------the faster AI grows, the faster digital assets will grow. He provided a practical example: in the future, people will let AI agents book hotels and arrange travel, and these transactions "will not use fiat currency, will not use cash," but will be completed directly by agents through cryptocurrency wallets.Eric Trump pointed out that funds have now flowed back into the cryptocurrency market, and prices are rising, "the faster our peers in AI sprint towards their goals, the better it will be for our industry," and the industry should embrace AI with open arms.

On October 6, the U.S. IRS released Revenue Procedure 2026-20, updating and replacing Revenue Procedure 2025-31 published in November 2025, clarifying that eligible investment trusts and grantor trusts can participate in PoS staking while retaining tax benefits.The IRS defines compliant staking as "property preservation activities," allowing trusts to remain on the passive side and retain their status as investment trusts and grantor trusts (IRC Sections 671 to 677). This safe harbor includes 14 requirements, including shares listed on national exchanges, holding only a single digital asset, assets held by qualified custodians, liquidity policies approved by the SEC, and not hoarding staking rewards. This guidance applies to tax years ending on or after November 10, 2025.

Coinkarma founder Benson Sun posted that around 11 PM on October 1, both the US stock market and gold weakened simultaneously, but the Binance BTC/USDT spot market saw a continuous market buy order of about 400 BTC, supporting the price above $84,000, and ultimately the candlestick formed a doji.Around 1:30 AM on October 3, within the same price range, the market briefly saw about 1,400 BTC market sell orders, causing the price to drop rapidly and form a long lower shadow, but it still held in that area. The candlestick showed that approximately 100 BTC sell orders appeared every few seconds, but the price was quickly pulled back by buy orders after each dip.Benson Sun pointed out that this area highly overlaps with the recent rapid accumulation of on-chain chips in the $83,000 to $84,000 range. Combining the spot order flow with on-chain data, it is judged that there is active capital support in this price range, and the buying response was quite evident after BTC entered this area.

According to Bitcoin.com, the Brazilian presidential election will be held on October 4, and the results may influence the direction of the country's cryptocurrency policies, which have the highest global adoption rate. Current President Lula will face off against former President's son Flavio Bolsonaro.If current President Lula is re-elected, it is expected that he will strengthen regulatory and compliance requirements, as the central bank has intensified oversight of exchanges and may push for taxation on stablecoin transactions (which had been postponed due to the election). If former President's son Flavio Bolsonaro wins, his stance on cryptocurrency is unclear, with no record indicating that he has ever mentioned cryptocurrencies. However, he has previously defended individuals associated with the "Bitcoin Pharaoh" pyramid scheme.

Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate did not advance the CLARITY Act, stablecoin platforms retain the space to offer balance rewards to customers, and exchanges like Coinbase continue to hold the advantages of existing state-level licenses and the integration of trading and brokerage services.The U.S. Securities and Exchange Commission (SEC) has issued a five-year exemption for tokenized stock trading, allowing eligible platforms to test using licensed automated market makers and liquidity pools. Hougan listed Securitize, which will serve tokenized funds for BlackRock, Apollo, and KKR, as a beneficiary. SEC staff updated the token buyback guidelines, stating that for networks that are functional and do not have a centralized party, buyback announcements do not constitute a commitment relied upon by buyers for expected profits; this guideline does not have legal effect.

ARK Invest founder Cathie Wood stated that the cost reductions brought about by innovative platforms such as AI will gradually transmit to broader economic sectors, enhancing productivity and corporate profitability, and driving inflation rates down to levels below most investors' expectations, a phenomenon referred to as "benign deflation."Cathie Wood believes that the current AI inference costs are decreasing by 99.99% annually while maintaining performance levels. Meanwhile, OpenAI's annual revenue run rate has increased from $20 billion to $70 billion, indicating that the decline in costs is driving rapid growth in demand.ARK Invest expects that real GDP growth rates could reach high single digits, although this prediction seems "crazy" to most people; in a stronger real growth environment, interest rates may actually rise.

Federal Reserve Governor Bowman stated that implementing a Federal Reserve capital plan linked to U.S. Treasury bonds has many benefits.

Variant Fund investment partner Alana Levin stated in her market thoughts for Q4 2026 that the bottom of the crypto market likely occurred at some point in July. She wrote in early July that the bottom seemed close, with Bitcoin at $59,000, Ethereum at $1,600, and ZEC at $420. She mentioned that the question has shifted to whether the bull market is genuinely starting or if it's a false rally, and which projects will benefit the most in the early bull market, assuming the market is in the early stages of a new crypto bull market.Levin indicated that the increasingly formed consensus is that marginal funds are most likely to flow into value storage protocols as currency and protocols that can generate income. She believes Bitcoin is the dominant asset for digital value storage currently, while other competing assets may be valued based on their market capitalization relative to Bitcoin's market cap and its changes. For income-generating protocols, she expects investors to examine whether the income comes from crypto-native activities (like Pump) or traditional financial activities (like Hyperliquid), whether it persists during market downturns, and profit margins; projects with exposure to real-world assets and stablecoin growth, which are expected to attract institutional users and are still led by founders after surviving a bear market, are more likely to achieve higher multiples.She also categorized on-chain projects that can benchmark against non-crypto businesses as a third category, believing that most belong to narrative trading rather than long-term investment. Themes include routing, reasoning, computing power, data collection, and interface-related directions in artificial intelligence, and she is skeptical about whether most scenarios require blockchain; if such projects significantly outperform, she would view it as a signal of nearing the top.

For the week ending September 19, the number of continuing claims for unemployment benefits in the United States was 1.701 million, lower than the expected 1.725 million, and the previous value was revised from 1.719 million to 1.712 million.

According to GlobeNewswire, Grayscale's Zcash ETF (ZCSH) announced that it has completed the previously announced "3-for-1" share split, which took effect before the opening of the U.S. stock market, and the fund shares will trade based on the split-adjusted basis from that day onward.Grayscale stated that shareholders registered as of the close on September 28 will receive an additional 2 shares for every 1 share of ZCSH held before the split, meaning each share before the split will convert into 3 shares after the split. This split will not change the total value of shareholders' investments, and the net asset value (NAV) per share will be adjusted to approximately one-third of the pre-split amount.After the split, ZCSH continues to trade on NYSE Arca, with the trading code and CUSIP number remaining unchanged.

According to Bitcoin Magazine, Market Disruptors podcast host Mark Moss stated that despite the recent interest rate hike by the Federal Reserve, Bitcoin continues to rise. He believes that most people misinterpret the reasons for the long-term increase in interest rates, suggesting that a booming economy could be one of the answers, and noted that Bitcoin benefits from both currency devaluation trades and an optimistic technological future.Moss pointed out that the United States is facing $40 trillion in debt, and that a monetary reset is a process rather than a single event. He outlined four ways to address the debt issue, focusing on the trends from 2029 to 2030. He also discussed stablecoins and the Genius Act, believing that approximately 6 billion people worldwide want to hold U.S. dollars.He mentioned that institutions are buying Bitcoin while retail investors are selling, and referenced Bitcoin's S-curve and compound annual growth rate, providing a price target of $1 million.

According to Catcher Predict monitoring, in the Polymarket event "Bengals vs. Steelers," the "Bengals" option in the sub-market "2H Spread -4.5" experienced a sharp fluctuation in winning probability, plummeting from 35% an hour ago to the current 19.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

Bitwise has submitted the final prospectus for its NEAR spot ETF and has also released a 39-page investment report on NEAR, co-authored by Bitwise Chief Investment Officer Matt Hougan.The report provides various scenario forecasts for NEAR: under the baseline scenario, NEAR is expected to reach $155 by 2030; under the extreme bullish scenario, the target price is $562; while the bearish scenario predicts $1.63.The report does not shy away from the risks of a significant decline in NEAR's price. In the extreme bullish scenario, Bitwise compares NEAR to Visa. The report notes that Visa processed payment transactions totaling $15.7 trillion in 2024, with a current market capitalization of approximately $701 billion, and uses this as one of the references for assessing NEAR's potential future value. The report also includes a product page for Bitwise's European NEAR ETP at the end.

Cryptocurrency KOL and former FTX community partner Benson Sun stated that he expects the current Bitcoin market to show a gradual new high slow bull trend, rather than forming a clear top after a rapid short-term rise like in 2013 and 2017. Before the true cycle top arrives, the market may experience multiple local top signals. He believes that after 2021, the main buyers of BTC have gradually shifted from retail investors to institutions such as publicly listed companies, spot ETFs, and corporate treasuries.Since institutions mainly buy spot, some funds will also use Delta Neutral strategies for arbitrage, and traditional indicators such as funding rates and MVRV Z-Score may not rise to extreme levels again at the cycle top. Recently, the cycle top is more likely to manifest as institutional funds losing momentum rather than retail sentiment becoming overly heated. The Institutional Liquidity Index (ILI) mainly references overall dollar liquidity, the mNAV of Strategy, and the net flow of Bitcoin ETFs to determine whether institutional funds follow up when BTC reaches new highs. When BTC sets a new rolling 30-day high while ILI does not rise simultaneously, it constitutes a yellow divergence; when BTC breaks historical highs while ILI diverges and is below 50, it constitutes a red divergence.Benson Sun indicated that he would use the frequency of yellow divergences as a reference for judging the cycle process: each occurrence would lead to a proper reduction in altcoin positions and leverage; as the market enters the later stages, he would gradually increase the proportion of BTC and ultimately retain only spot. If a red divergence occurs, he would stop participating further.

According to Forbes, Bitcoin approached $90,000 earlier this month. Meanwhile, global debt continues to rise, and the "currency depreciation trade" surrounding the decline in purchasing power of fiat currency has become one of the factors driving up assets like Bitcoin and gold.Data from the Institute of International Finance shows that global debt increased by $10 trillion in the first half of this year, surpassing $365 trillion in total. The U.S. debt has exceeded $40 trillion, with annual interest payments rising to $1.27 trillion, surpassing defense and Medicare spending, and only lower than Social Security spending. The institute warns that as benchmark interest rates rise, interest costs will also increase.Nic Puckrin, founder of Coin Bureau and cross-asset analyst, stated that the current environment is favorable for "currency depreciation assets" like Bitcoin and gold, which is part of the reason for Bitcoin's recent rise. The larger the debt of major economies, the more likely it is to suppress real borrowing costs and allow inflation to erode the real value of debt, thereby enhancing the attractiveness of such trades.Analysts from The Kobeissi Letter pointed out that the purchasing power of the dollar has declined by 23% since 2020; if assets only increased by 30% during the same period, investors have essentially just broken even in terms of real purchasing power. The U.S. inflation rate has been above the Federal Reserve's 2% target for 60 consecutive months.

B.AI announced that Xiaomi's latest MiMo-V2.6 series will launch exclusive discounts on September 25 at 15:00 (SGT): MiMo-V2.6-Flash will enjoy a 90% discount, and MiMo-V2.6-Pro will enjoy a 50% launch discount.This series supports 1M ultra-long context and multimodal understanding, covering high-frequency agents and complex reasoning scenarios, helping developers run API calls at a low cost.

U.S. Treasury Secretary Steven Mnuchin stated that China and the United States have agreed to extend the trade truce agreement until January 10 of next year.Foreign Ministry spokesperson Geng Shuang suggested inquiring with the relevant Chinese authorities about the status of China-U.S. economic and trade consultations.

From September 22 to September 28, five major projects under TRON ECO—SUN, JUST, WINkLink, BitTorrent, and AINFT—launched the "Moonlight Tarot: Reveal Your Exclusive Identity" Mid-Autumn Festival themed event. Users can choose the tarot identity card that best fits them, tag the corresponding project, and include a reason that combines the characteristics of that project's products. At the same time, tag three friends and include the topic #TRONECOMoonTarot to participate.The event sets up 25 popularity awards for tarot (TRON ECO exclusive peripheral gift packages) and 10 lucky tarot signs (TRON ECO doormats), totaling 35 gifts. As the moon is full, the card array is open, and five identities await to be claimed—whether you are the "Trader" who excels in efficient trading, the "Alchemist" skilled in asset operations, the "Insightful" one connecting on-chain and off-chain, the "Communicator" enthusiastic about spreading information, or the "Architect" building AI Agents, you can find your role in this Mid-Autumn Tarot journey.Bring the topic and reveal your identity card, and celebrate a Mid-Autumn Festival with TRON ECO that is filled with cards, gifts, and surprises.