Binance News

Strategy increased its Bitcoin holdings by 1,666 last week, bringing its total to 847,666. According to Foresight News, the purchase was reported by unfolded.

On Sep 28, 2026, 03:29 AM(UTC). According to Binance Market Data, BNB has dropped below 770 USDT and is now trading at 769.900024 USDT, with a narrowed 0.24% decrease in 24 hours.

Micron Technology (Nasdaq: MU) $MUB reports fiscal fourth-quarter results after the market close on Sept. 30, closing out a fiscal year in which the stock has surged. The question for investors is no longer whether the memory maker can beat estimates. It is whether the results, and especially the guidance, can justify a valuation that has run well ahead of the sector.
For the August quarter, Micron guided to revenue of 1 billion; non-GAAP earnings of 1; GAAP diluted earnings of 1; and gross margin of roughly 86%. Wall Street sits at or slightly above the midpoint of that range. According to TipRanks, the sell-side consensus calls for revenue of about 50.6 billion and adjusted earnings near 31.16. A quarter ago, in fiscal Q3, Micron earned $25.11 a share as revenue jumped about 346% from a year earlier. Hitting consensus would mean another roughly 24% sequential jump in earnings—a steep step-up for any chipmaker.
The earnings are coming from price, not volume
Most analysts trace this quarter's profit swing to tight supply and rising prices in high-bandwidth memory and AI-related DRAM, rather than to a surge in units shipped.
The mix in fiscal Q3 makes the point. DRAM accounted for about 76% of revenue, and while that revenue climbed sharply from the prior quarter, bit shipments rose only in the low single digits. The gains came from higher average selling prices; incremental volume contributed little.
What separates this cycle from earlier ones is the role of long-term supply agreements. On its earnings call, management said demand from some key customers now runs about 50% above the volume Micron can commit to supply. As of last quarter the company had signed 16 strategic customer agreements covering roughly 20% of its DRAM bits and about 30% of its NAND bits, tied to some 22 billion in customer cash deposits and commitments.
Analysts lean bullish, but price targets are all over the map
TipRanks data as of Sept. 24 shows 29 analysts rating the stock over the prior three months, with a consensus of Strong Buy—28 buys, one hold and no sells. The average price target is about 2,200 and a low of $1,100. That spread reflects a real disagreement about where the cycle stands.
Stifel rates Micron a buy with a $1,500 target and expects both the Q4 results and the guidance to top consensus, though it sees the upside as more measured than in recent quarters, given supply agreements with banded pricing and near-term limits on bit shipments. The firm also expects HBM4 pricing per bit to roughly double, with 2027 negotiations near a close.
TD Cowen analyst Krish Sankar carries a buy rating and a $1,600 target, and frames the case as a re-rating rather than an earnings story: Micron is about 80% of the way through an 18-month stretch of margin expansion, but growing confidence in the cycle's durability could still push the multiple higher.
Citi is bullish as well, arguing that AI demand can keep the memory market undersupplied through 2031.
Melius Research analyst Ben Reitzes holds the Street's highest target at $2,200, citing years of sold-out HBM capacity and the revenue visibility that comes with locked-in long-term contracts.
The cautious camp worries about normalization and valuation
The counterargument, from several named institutions and investors, centers less on any collapse in AI demand than on high margins reverting to normal and a stock that has already priced in a lot.
Goldman Sachs analyst James Schneider is the most cautious of the three major banks, with a neutral rating and a 62 in earnings. Even so, Goldman's own forecast for the quarter sits a few percent above consensus—32.54—and it looks for low-double-digit sequential revenue growth in fiscal Q1, flagging long-run capacity additions from Chinese producers as the main risk. In other words, Goldman's neutral stance rests on valuation, not on any doubt about the fundamentals.
Morningstar analyst William Kerwin rates the shares two stars, calls the business no-moat and assigns it "Very High" uncertainty. After the June quarter he raised his fair value to 455, yet still views the stock as expensive. His bearishness comes down to cyclicality: Kerwin sees memory as a fundamentally cyclical business and expects a wave of new capacity in 2028 and 2029 to create oversupply and pull prices down. Long-term agreements soften the blow, in his view, but do not prevent the downturn, since the revenue genuinely locked in by customer contracts covers only a fraction of the total.
Michael Burry, the "Big Short" investor and founder of Scion Asset Management, has added to bearish bets against Micron. According to Yahoo Finance, he is short the shares along with the iShares Semiconductor ETF. His fundamental case leans on industry signals: he has cited Acer's chairman describing a DDR4 market with more sellers than buyers, and he is watching China's CXMT, whose progress on DDR5 yields and volume production could add supply and cap any durable rise in memory prices.
The bull-bear split on supply ultimately turns on timing. The bulls—Stifel and Citi among them—see the shortage lasting into 2027 and even 2031. Morningstar counters that the capacity coming online in 2028 and 2029 will return memory to its commodity roots and drag prices back down.
Other variables worth watching
Tariffs. Investing.com reports that the Trump administration is weighing broader semiconductor tariffs that would reach servers and laptops, a move the industry fears could slow the pace of AI infrastructure spending.
Patent litigation. Netlist has filed a complaint against Micron's DDR5 memory with the U.S. International Trade Commission, and Micron recently lost a patent appeal against the company. An exclusion order looks unlikely in the near term but would be a material risk.
Capital returns. Per CNBC, Micron's roughly $6.165 billion in direct CHIPS Act funding, awarded in December 2024, came with guardrails restricting large-scale buybacks and dividends for recipients. Those company-specific restrictions expire after Dec. 9 this year. Chief Financial Officer Mark Murphy has said the company intends to step up capital returns after that date, with a long-term plan to return 100% of excess cash flow to shareholders. With rivals such as SK Hynix already announcing multibillion-dollar buybacks, investors will listen for any commitment on the call.
R&D. Micron plans to invest $10 billion over the next decade in a Boise, Idaho research center called Micron Research Labs.
What matters most on Sept. 30
The consensus view is that next quarter's guidance will count for more than the current quarter's numbers.
Fiscal Q1 guidance is the key read on where the cycle stands. TipRanks puts the sell-side consensus for the November quarter at about 46.9 billion to 31.49 in earnings (35.11); Goldman's own model for the quarter runs to about $57.7 billion, above the market figure it cites.HBM4 and HBM4E progress, and whether Micron can hold or grow its roughly 20% share of the HBM market.New strategic customer agreements, and their volume and pricing terms—particularly progress toward locking in half of revenue.Whether gross margin holds near its 86% high, and whether the pace of price increases is starting to flatten.Management's language on the durability of supply and demand. Any softening on HBM pricing or demand could trigger a sell-the-news reaction, even on a beat.

South Korea's Kospi closed down 191.17 points at 6,889.75 on Monday, a decline of 2.7%.Samsung Electronics and SK Hynix both fell more than 5%.The Index Is Being Driven by Two StocksSamsung and SK Hynix falling roughly twice as hard as the index is the structure of the move.Both are memory manufacturers, and both have functioned as the market's AI proxy — Korea's benchmark carries unusually concentrated exposure to a single supply chain.That cuts both ways. On September 22 the Kospi rose 2% with the same two names leading Asian gains, part of a run that lifted MSCI's Asia Pacific gauge for a fifth straight session and took Taiwan's benchmark to an intraday record.Monday reverses it.Memory Has Been the Most Volatile Corner of the AI TradeThe September pattern has been sharp moves in both directions.On September 14, SK Hynix dropped 6% and the Kospi fell 3% after Anthropic CEO Dario Amodei called for the industry to slow AI development, with the Philadelphia Semiconductor Index posting its worst session since July 1.That reversed within days. By September 22 the semiconductor index had risen five straight sessions, gaining more than 4% on a single day, after Meta's Muse agent overtook ChatGPT as the top free app on Apple's US App Store and AMD briefly topped $1 trillion in market value.Memory carries higher beta than logic within that trade. When Micron and SanDisk each fell more than 7% on September 14, Nvidia fell 4%.Turnover Was Already Thinning Before ThisKorean market participation has been declining independently of these swings.Kospi average daily turnover fell to 20.6 trillion won, or about $15 billion, in September — the lowest of 2026 and less than half the May and June peak.A market rebuilding on lower volume has less depth to absorb a shock. The retail buying that drove Korean stocks to records earlier in the year was itself a volume story, and the volume has not returned with the price.Analyst Jason Minsang Kam had forecast range-bound trading, expecting volatility to decline and chip cycle doubts to clear. Monday's move runs against the first half of that.The index closed at 6,889.75, below the 7,000 level it has struggled to hold since a 22% selloff in July.The Crypto Channel Runs Through Mining EquitiesFor crypto, the transmission is the miners that pivoted to AI compute.IREN, Hut 8, HIVE, Core Scientific and TeraWulf lagged Bitcoin badly through September, with the top-10 mining median gaining 1.8% against Bitcoin's 22%. The AI pivot removed their leverage to Bitcoin on the way up while leaving full exposure to AI sentiment on the way down.That showed on September 14, when Nebius fell 6% and CoreWeave 5% while Bitcoin itself gained.JPMorgan offered the counterpoint last week, noting neocloud contract pricing had moved to $15-$20 per megawatt from $10-$15 as it upgraded IREN two notches to overweight. Whether that pricing power reaches memory producers depends on how revenue distributes across the supply chain.

Binance Wallet announced on X that users should be cautious when receiving payments labeled as USDT after selling goods or assets. The post said a wallet may display “USDT,” but the token could be a lookalike asset created by scammers and may not be the same as legitimate USDT. According to the announcement, this can lead users to hand over goods without checking the payment more carefully. The warning focused on the risk that such tokens may be worth far less than expected when users later try to cash out. Binance Wallet did not provide additional details in the post beyond explaining how the scam works and urging users to be aware of the possibility of deceptive token names.

Solana rose above the $110 resistance level as spot SOL ETFs recorded $264 million in monthly inflows. According to NS3.AI, the ETFs posted inflows for six consecutive days, while Solana’s staking ratio reached nearly 70%.

BitMine added 17,362 ether last week, lifting its total Ethereum holdings above 6 million for the first time. According to Foresight News, as of September 27, 2026, the company held 6,001,302 ether, or about 4.9% of Ethereum's total supply, and has been adding weekly without interruption since launching its ETH treasury strategy on June 30, 2025.
BitMine said its crypto, cash, and other investment assets were worth about $17.2 billion, including $672 million in cash and marketable securities, 213 bitcoin, $180 million in Beast Industries equity assets, and a $115 million investment in Eightco Holdings (ORBS). Its staked ether remained at 5,067,309, equal to 84% of total holdings, with a value of about $13.7 billion and an annualized staking yield of about $358 million.
In the company's weekly update, Tom Lee said ether has outperformed the S&P 500 by more than 6,728 basis points so far in the third quarter, making it the world's best macro asset. He said the crypto bull market began in late June, that institutions remain underweight crypto assets, and that they are expected to increase holdings sharply in the last few months of 2026. Lee is also scheduled to deliver a keynote speech at Korea Blockchain Week (KBW) in Seoul on September 30.

South Korea's Financial Services Commission is considering introducing a market maker system for the virtual asset market to improve efficiency and stability, according to Digital Asset. According to ChainCatcher, FSC digital finance policy official Ryu Young-jun said the proposal would be revisited in the second phase of the legislative process, even though the current Virtual Asset User Protection Act prohibits market making.
Ryu also said exchanges would need sufficient capital and operating capacity, and core functions such as execution, trading support, and abnormal trading monitoring could shift from self-regulation to public regulation. He added that governance rules for major shareholders and management may be strengthened, while the law's implementation could support business diversification, a more trustworthy trading environment, a digital asset issuance and disclosure framework, Korean won stablecoins, and stronger user protection.

Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, posted another Bitcoin Tracker update with the caption "Even more orange." According to ChainCatcher, Strategy has typically disclosed changes in its Bitcoin holdings the day after such posts.

According to the announcement from Binance, Binance Futures will admit five USDT-priced perpetual contracts to trading on Binance RIE and to clearing and settlement by Binance RCH at scheduled times on 2026-09-28. The new contracts are OKLOUSDT, TWSTUSDT, CVNAUSDT, RUMUSDT, and XOMUSDT. Trading for OKLOUSDT is set for 2026-09-28 09:00 (UTC), followed by TWSTUSDT at 2026-09-28 09:05 (UTC), CVNAUSDT at 2026-09-28 09:10 (UTC), RUMUSDT at 2026-09-28 09:15 (UTC), and XOMUSDT at 2026-09-28 09:20 (UTC). The contracts are tied to Oklo Inc. Class A Common Stock (NYSE: OKLO), Twist Bioscience Corporation Common Stock (Nasdaq: TWST), Carvana Co. Class A Common Stock (NYSE: CVNA), RUM Group Inc. Class A Common Stock (Nasdaq: RUM), and ExxonMobil Holdings Corporation Common Stock (NYSE: XOM). Each contract uses USDT as the settlement asset, has a tick size of 0.01, a minimum trade amount of 0.01 for the respective contract, a minimum notional value of 5 USDT, a capped funding rate of +2.00% / -2.00%, funding fee settlement every eight hours, an interest rate of 0%, maximum leverage of 20x, and 24/7 trading hours. Multi-Assets Mode is supported for all five contracts.
The announcement said the perpetual contracts are exempted from the 8.1 adjustment of funding interval rules, meaning the funding interval will not be adjusted from every eight hours to every one hour when the previous funding rate settlement reaches the cap or floor. Binance also stated that trading parameters, maximum leverage, margin requirements, and funding rate settings may be adjusted in accordance with the relevant exchange and clearing rules. The applicable contract specifications, trading parameters, leverage and margin table, and funding rate table will govern the listed products.

According to the announcement from Binance, the exchange will support the SpaceX (SPCXB) airdrop for MarsCoin (MARSCOIN) holders and the Invesco QQQ Trust (QQQB) airdrop for 牛来 holders. The distribution includes two reward components. First, Binance will distribute the SPCXB and QQQB tokens allocated on-chain by the respective projects to eligible MARSCOIN and 牛来 holders. Second, Binance will allocate 30% of MARSCOIN and 牛来 spot trading fees as additional rewards, to be distributed in the form of SPCXB and QQQB respectively until further notice. Both reward components will use the same valid holding calculation method. Binance said it will take one random snapshot per day of users’ MARSCOIN and 牛来 holdings throughout each calendar month, and only daily holdings exceeding 10,000 tokens will count as valid holdings for each token. Monthly valid holdings will be calculated as the sum of each user’s valid daily holdings during the month, and rewards will be distributed based on each user’s share of total valid holdings among eligible users. MARSCOIN and 牛来 holdings will be calculated separately.
Binance said snapshots will include MARSCOIN and 牛来 holdings and liabilities in Spot Accounts, Funding Accounts, Margin Accounts and Simple Earn Flexible Accounts. Undistributed interest payments will not be included, and tokens pending deposit or withdrawal at the time of the snapshot will not count toward a user’s balance. MARSCOIN and 牛来 liabilities from Margin or Crypto Loans will not be eligible for the airdrop, and users with net liabilities will need to return the equivalent amount of SPCXB or QQQB airdropped. Holdings on Binance Alpha will not be included in the snapshot. Eligible holdings will be calculated starting from September 2026, with the first distribution in early October 2026. Both reward components will follow the same monthly cycle and will be fully distributed by the beginning of the following month. Binance said deposits and withdrawals of MARSCOIN and 牛来 will not be impacted, and Spot, Margin, Futures trading and Binance Earn services will continue without interruption during the airdrop. Users must complete account verification and be from an eligible jurisdiction to qualify, and reward eligibility remains subject to applicable product and jurisdictional restrictions.

The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, as the rivals move to steady ties following a summit between Donald Trump and Xi Jinping, according to Bloomberg. Documents published by both governments show the list for goods entering the US contains 77 entries, including fireworks, household products, sporting equipment and toys, while 1,619 goods are set to potentially enter China, such as meat, seafood, dairy, grains, coal, timber and medical equipment. The expected relief for $60 billion in bilateral trade was among the most tangible outcomes of Xi's state visit to Washington last week, though it is a fraction of the $415 billion in total goods the world's two largest economies exchanged last year. The two sides extended their trade truce until January and are pursuing a broader deal ahead of two more expected Trump-Xi meetings this year.
Shares of some Chinese appliance makers rose after the details emerged, with Joyoung jumping by its 10% daily limit in Shenzhen and Bear Electric Appliance climbing as much as 9.5%. China said the reductions would take effect simultaneously after domestic legal procedures, and its Commerce Ministry said the arrangement "will help to further stabilize China-US economic and trade relations and create favorable conditions for China's exports of relevant products to the US." About 90% of the covered products would have tariffs cut to most-favored-nation rates. US Trade Representative Jamieson Greer called the selected items non-sensitive goods, saying "President Trump is unlocking improved market access for about 30 percent of US exports to China, while benefiting consumers with imports from China of household goods, toys, and other products that the United States generally does not import from other countries."
Beijing said tariffs on US coal would be included, supporting purchases in 2027 and 2028, after the White House said China agreed to import at least 10 million metric tons of US coal next year and again in 2028. Key grains including wheat, corn and sorghum are among the agricultural exports set for a tariff cut, which could help China progress toward a goal of buying at least $17 billion in US farm products annually through 2028, on top of a commitment to purchase 25 million tons of soybeans a year. Progress toward the $17 billion target has been slow since the Trump administration announced it after May's leaders' summit, with traders eyeing the cuts to spark new buying. A new Agricultural Working Group will be established, with an inaugural meeting set by the end of 2026.

Bitcoin spot ETFs recorded $2.39 billion in net inflows during the trading week of September 21-25, according to SoSoValue data. According to Foresight News, BlackRock's IBIT led weekly inflows with $1.16 billion, bringing its cumulative net inflows to $65.28 billion.
Fidelity's FBTC followed with $702 million in weekly inflows and cumulative net inflows of $11.06 billion. WisdomTree's BTCW posted the largest weekly outflow at $4.02 million, while its cumulative net inflows stood at $78.65 million.
As of press time, total net assets in Bitcoin spot ETFs reached $108.42 billion. The ETFs' net asset ratio, measured by market value relative to Bitcoin's total market value, was 6.43%, and cumulative net inflows reached $57.55 billion.

DeFi Development Corp. said in an 8-K filing with the U.S. SEC that it increased its holdings by 47,706 SOL and SOL equivalents from September 21 to 25, 2026. According to Foresight News, the company’s total SOL and SOL equivalent holdings reached 2,538,010 tokens as of September 25, up about 2% from the previous week.

THORChain's comparison of itself to decentralized layer-1 chains like Bitcoin and Ethereum does not hold up, blockchain security firm GoPlus Security said in a post on X, urging the protocol not to enable criminals or put the industry at risk merely to earn swap fees on stolen funds. On custody, GoPlus argued that TSS vaults are not equivalent to base-layer consensus: on Bitcoin and Ethereum users control assets with their own keys and miners or validators never hold funds, whereas every THORChain outbound must be actively produced by the current active set via a GG20 TSS threshold signature, with swap funds sitting in a jointly controlled vault. Releasing stolen funds, it said, is an active signing event rather than "neutral ordering we cannot stop," and distributed centralized custody is not decentralization.
GoPlus also said THORChain's validator set is small and able to coordinate: THORNodes bond RUNE to join, the active set is capped near 100 (scalable to 250+) with churn roughly every three days, and nodes coordinate in real time on a Dev Discord channel through anonymous relays and votes — an organization with a comms channel, voting process and execution tools, unlike Bitcoin and Ethereum's globally anonymous sets. Intervention, it argued, is designed in, with runbooks and precedents: a single node can halt the network via "make pause" (720 blocks per trigger, stackable, under the slogan "Halt Earn, Halt Often!"), node votes can halt outbound signing on a single chain, and Mimir governance lets nodes vote live to change parameters or halt trading and signing. When THORChain itself was drained in May 2026, it paused and ran a controlled halt to stop further movement.
Inaction pays, GoPlus said. In the Bybit case, the attacker washed all 499,000 ETH in 10 days, mostly through THORChain into BTC, generating about $5.9 billion in volume and roughly $5.5 million in fees. In the Bitget case, about 101.5 BTC (≈$8.5 million) has already gone out via THORChain, with another ~27.63 million XRP (≈$43 million) mid-swap into BTC, for a potential fee take in the hundreds of thousands. In February 2025, validators voted to intercept DPRK-linked funds and then reversed course, after which core contributor Pluto, who had pushed the intercept, left. GoPlus said a per-chain halt or outbound rejection of FBI- and OFAC-attributed North Korean addresses fits THORChain's own "funds-at-risk" emergency framework, concluding the protocol should do the job rather than put the industry at risk for the fee line.

Precious metals extended their decline on Monday, with spot gold falling about 3.3% to roughly $4,144 a troy ounce and silver plunging 5%.Both crude benchmarks moved the other way. Brent, the international marker that prices most globally traded crude, cleared $100, while US benchmark WTI rose about 3.4% to $95.60. Fading peace hopes and renewed Middle East geopolitical risk drove the move.Comex gold futures traded near $4,176.The Benchmark Spread Points to an Export ProblemThe gap between the two contracts carries information the headline prices do not.Brent above $100 against WTI at $95.60 is a spread of roughly $5, wider than the usual $2 to $4. Brent prices North Sea crude and serves as the benchmark for around two-thirds of globally traded oil. WTI prices light sweet crude delivered at Cushing, Oklahoma.A widening spread in Brent's favour is consistent with a seaborne export constraint rather than a global demand shock. Saudi barrels that cannot clear the Strait of Hormuz or the Red Sea port of Yanbu affect internationally traded cargoes directly, but reach US inventories only indirectly.That distinction matters for what would reverse it. A demand-driven rally fades when growth slows. An export bottleneck fades only when a route reopens.The Peace Trade Has UnwoundLast week crude was falling on the prospect of a settlement. WTI reached $89, roughly 15% below its September high of $106, after reports that Iran could reopen Hormuz within seven days if the US eased its port blockade.That prospect has faded, and WTI has recovered more than $6 from the low.The physical constraint was never resolved by the talks. Saudi Arabia's East-West pipeline, which runs to Yanbu specifically to bypass Hormuz, remained shut throughout, holding production at 6.238 million barrels per day — the lowest since 1990.Diplomacy only ever removed the risk premium. With the premium restored, the shortage is priced again.Refined Products Are What Reach InflationCrude benchmarks are not what consumers pay, and the distinction matters for the rate argument.Diesel, gasoline and jet fuel feed through to transport and logistics costs, and crack spreads — the margin between crude and refined products — can widen independently of the barrel. Diesel has been running near record highs, roughly 90% above pre-war levels.That is the channel by which a crude move becomes a PCE print.Gold Has Given Up Its September FloorAt $4,144, gold sits below the $4,296 it held on September 14 and roughly 26% under its January record of $5,600.The tension in its position has defined the month. Bullion is held as protection against rising prices, but higher interest rates — the policy response to those prices — reduce its appeal directly, because gold pays no yield while competing risk-free returns climb.Both forces run at once, and the rate response keeps winning. Gold falls on an energy shock that should support it.Its 90-day correlation with the 10-year Treasury yield has run at −0.41, which is why rate repricing hits gold harder than most assets.Silver Fell Nearly Twice as HardSilver's 5% decline against gold's 3.3% is roughly the ratio their relationship usually produces.Silver carries both monetary and industrial demand, giving it higher beta to gold in either direction.The ordering points to a rates-driven move rather than a growth scare. A session pricing weaker demand would show different damage across the complex, and would not lift crude at the same time.Four Data Points This WeekInvestors face job openings, the ADP employment report, the PCE inflation report and nonfarm payrolls.KCM Trade chief market analyst Tim Waterer set out the risk: "If inflation or employment data comes in stronger than expected, it could continue to push bond yields higher and further weigh on gold prices."He described the current pressure the same way. "The combination of high bond yields and elevated oil prices continues to weigh on gold. With uncertainty surrounding the oil supply outlook, crude prices have risen, bringing inflation back into the spotlight for investors."PCE carries particular weight. Chair Kevin Warsh built his Jackson Hole case around it rather than CPI, citing a hotter six-month rate against the 12-month figure and arguing the recent trend was the operative one.The Fed raised rates 25 basis points to 3.75%-4.00% on September 16, its first increase since July 2023, with a dot plot median pointing to one more move in 2026 — below what markets had priced going in. A hot PCE print would test that projection directly.The Crypto Read-ThroughBitcoin sits on the other side of the correlation gap punishing gold.At −0.17 against the 10-year, it absorbs rate moves with roughly half the sensitivity. Through mid-September it repeatedly rose on days gold fell, and the two assets' own correlation collapsed to 0.28 from 0.69 over 30 days.That decoupling holds only while the rate channel dominates. If this week's data pushes yields sharply higher, a competing risk-free rate weighs on everything that pays no yield — the setup QCP Capital described as a competing 5% rate without the growth impulse that usually accompanies it.

Ethereum co-founder Vitalik Buterin said today that his original novel, Snowmoon, has been completed and consists of 32 chapters. According to ChainCatcher, the story is a speculative science fiction work set in a world heavily dependent on cryptography and decentralized governance.
The novel centers on ideological conflict between societies including Veridia and the Arctic Empire, and incorporates themes such as zero-knowledge proofs, quadratic voting, privacy technology, and content-based tax mechanisms. Buterin said the work reflects themes he has long explored, including mechanism design and digital sovereignty.
He said the book is being released under the GPL v3 license. Buterin added that adaptations into films or animation are allowed, but the related production pipeline, including AI prompts and scripts, must be open sourced. He also said all text was written by him, with AI used only for spelling and grammar checks, consistency verification, and web formatting.

China may allow Alibaba and ByteDance to buy Nvidia’s RTX PRO 5500 chip, The Information reported, as Beijing weighs easing access to a workstation card built for professional computers. According to BeInCrypto, China’s MIIT asked the two firms how many cards they want and why, while neither Beijing nor the companies has confirmed the plan. The report said the chip is aimed at AI agents, inference and simulation and sits outside US export curbs on data-center hardware.

US spot Dogecoin ETFs drew $2.89 million in net inflows in the week ending September 25 — their largest week since launch, according to BeInCrypto, citing SoSoValue data. The record came 11 days after Bitwise said it would shut its own Dogecoin fund, BWOW, and topped the previous weekly high of about $2.59 million set in the week ending January 2; the week before brought in just $284,510. All of last week's new money arrived in three sessions — Monday, Tuesday and Friday.Bitwise would liquidate BWOW, with its last trading day on October 14, barely three weeks away; the fund has lifetime net outflows of $1.23 million and holds $801,400. "Bitwise has determined to liquidate the Fund as it continues to optimize its product range to meet evolving investor needs," the issuer said. Since that announcement, cumulative inflows into Grayscale's GDOG rose from $11.7 million to $15.46 million, while 21Shares' TDOG slipped from $1.63 million to $1.03 million. GDOG took all of Friday's $806,060 and now holds $13.87 million, or about 81% of the group's assets.The funds hold just 0.11% of Dogecoin's total market value, with DOGE trading near $0.098 for a market cap of about $15.3 billion. Quiet days are the norm — between July 1 and September 18, the funds posted net flows on only nine trading days. The Dogecoin record also landed in the same week US spot Bitcoin ETFs pulled in $2.39 billion, more than 800 times the Dogecoin figure.

China's industrial enterprises saw earnings grow at their weakest pace since they last fell in November, highlighting the limits of a recovery disproportionately driven by elevated oil costs and sectors linked to artificial intelligence, according to Bloomberg. Industrial profits inched up just 4.2% last month from a year earlier, after an 11.2% rise in July and versus a Bloomberg Economics forecast of 8%. For the first eight months, they rose 15.7%, data released by the National Bureau of Statistics showed on Monday. NBS analyst Yu Weining attributed August's slowdown to a high comparison base a year earlier, and said the electronics industry provided "crucial support," contributing close to two-thirds of the overall growth in the first eight months, while raw materials accounted for 6.2 percentage points.
The global AI supercycle and higher commodity prices stemming from the war in Iran have lifted earnings at China's factories and mines this year, but domestic demand has stayed stubbornly weak, producing a lopsided rebound that has struggled to gain traction, with profit growth now moderating for four straight months. Consumption growth missed expectations again last month and softened to near zero, while business confidence has been sluggish, with manufacturers, property developers and infrastructure builders accelerating cutbacks in capital spending as government expenditure kept falling.
With concerns mounting over local-government debt and fading benefits from consumer subsidies, authorities have so far refrained from major stimulus to bolster demand, instead targeting supply-side issues by tackling industrial overcapacity and cut-throat price competition that have thinned margins. The top economic-planning agency said this month it will issue regulatory warnings to makers of key industrial goods in sectors where price competition is rampant and probe costs when necessary, following a three-year action plan rolled out in mid-June to phase out capacity that fails certain energy-efficiency requirements in nine industries, including steelmaking and cement, by 2028. Yu said officials will "maximize the effectiveness of macroeconomic policies, expand domestic demand, improve the quality of supply, accelerate the shift from traditional to new growth drivers, strengthen the internal dynamism of economic development, and advance the continuous transformation of the industrial economy toward more innovative and higher-quality growth."

On Sep 28, 2026, 16:27 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 84,000 USDT benchmark and is now trading at 84,064.007813 USDT, with a narrowed narrowed 0.63% decrease in 24 hours.

Microsoft co-founder Bill Gates called on the US to lead in regulating artificial intelligence but warned that getting countries to agree on a global framework could be "more difficult" than Cold War-era negotiations to limit nuclear weapons, according to NBC. "This is more difficult than that was," Gates told NBC's "Meet the Press" in a discussion that aired Sunday. His remarks came as he addressed President Donald Trump's stance against AI regulation; the president this month rejected calls for federal guardrails, posting on Truth Social, "WHOEVER WINS AI, WINS! We are leading China, and all others, and will continue to do so." Gates argued that imposing monitoring on AI companies would not hamper the US in any race with China, saying he expects "we will come to a consensus" after Trump hears from him and others.
Concerns spiked this month after Anthropic whistleblower Jacob Coxon warned that "the people building AI earnestly believe that it could kill us all by the end of the decade," and Anthropic's Dario Amodei and OpenAI's Sam Altman agreed on a need to slow development amid fears of "superintelligence." Representative Ro Khanna said the US and China should form a working group and that Washington could lead an enforceable, verifiable treaty banning recursive, self-improving AI. Ahead of his summit with Chinese President Xi Jinping, Trump wrote that "Super Intelligence" would be a big topic but he wanted "to leave it exactly where it is"; afterward, the White House said the two countries established a dialogue on AI risks and benefits, with the next exchange expected by November.
Gates said the most immediate danger is "people with bad intent using AI" — able to defraud individuals, shut down the electric grid or scramble bank accounts — warning that small groups can now do what once only the largest states could. He urged built-in monitoring and safeguards in each AI lab, saying they can be added without slowing development, and argued a proposed "kill switch" alone is "not enough" without insight into what systems are doing. Separately, Gates said the Gates Foundation is working with 60 AI companies to improve reliability in non-English languages — where error rates run about 10 times higher — aiming within five years to bring every language spoken by a million or more people close to English-level quality, and is using AI to better direct the foundation's remaining spending of over $200 billion.

Bitget CEO Gracy Chen said during a livestream reviewing the exchange's incident that at 2:31 AM on September 25, unauthorized transfers occurred across multiple chains involving some assets in Bitget's hot wallet and warm wallet infrastructure. According to Foresight News, investigators found that the attacker exploited a vulnerability in a third-party security product to steal internal network credential access, forged withdrawal instructions to the wallet system, and bypassed risk controls.
Chen said the private keys were not leaked and cold wallets were not affected. The attack path has been identified, the vulnerability has been fixed, and the incident is now fully under control. The transferred assets were confirmed at about $388 million, and the attacker addresses and on-chain tracking data have been publicly released.
Chen said the loss will be covered entirely by the user protection fund. Bitget will replenish the protection fund to at least $300 million within one week after the fund is used. The company has also launched an asset recovery plan, will share the confirmed vulnerability and attack details with industry partners, and will continue to publish updates on asset tracing progress.

Binance Wallet announced on X that users should get ready to claim the Binance Alpha airdrop and trade today at 14:30 (UTC). Users with at least 230 Binance Alpha Points can claim the token on a first-come, first-served basis until the airdrop pool is fully distributed or the airdrop event expires. Further details will be announced soon. The announcement did not specify the airdrop token. No additional details were provided in the notice.

Chainlink launched CCIP 2 on Monday, a major upgrade to its cross-chain interoperability and bridge infrastructure. According to ChainCatcher, the new version lets enterprises add their own security verification checks on top of Chainlink’s default network of 16 independent node operators, with companies able to run their own validators or hire outside providers such as Infosys and Nethermind.
The upgrade comes about five months after Kelp DAO was hacked in April. Attackers allegedly linked to North Korea’s Lazarus group tricked a single validator used by Kelp’s cross-chain bridge and stole about $292 million worth of rsETH from a bridge running on LayerZero. LayerZero blamed Kelp for using only one validator, while Kelp said LayerZero staff had reviewed its setup and raised no objections. Kelp later said it would migrate rsETH to Chainlink.
Chainlink also changed a safeguard it had previously promoted heavily. Its risk management network will no longer operate as a separate review node, and those independent checks will now be handled by optional validators. That means users who add no validators now rely on one verification network instead of two. Existing Chainlink users have already been migrated to the new version, but the company has not disclosed which institutions are using the new validators. It said Aave and Maple have begun using other features of the upgrade.

BNB Chain has appointed Thomas Chen as chief business officer (CBO). According to Odaily, Chen has 15 years of industry experience, including more than seven years focused on digital asset infrastructure.
He previously worked in capital markets, custody, trading, and business growth. At BNB Chain, he will focus on institutional and capital onchain adoption, liquidity, trading volume, and long-term ecosystem value.

QNT briefly fell below 200 USDT and now trades at 203, down more than 40% from its high earlier in the session.The token had gained as much as 103% in morning trading, reaching $304, before the reversal.The Round Trip Is Now CompleteThis is no longer a pullback from an extended level.Through the afternoon QNT had held a 59% gain at $278, which still left it far ahead on the day. At 203 USDT it has given back the bulk of a move that briefly doubled the token.A 103% gain to a $304 high implies a starting point near $150. QNT remains above that, but the distance has narrowed from roughly $154 at the peak to around $53.The break below 200 matters as a level. Round numbers concentrate stop-loss orders, and a token that trades through one on the way down tends to accelerate as those trigger.The Fade Pattern Held All DayQNT was the extreme case in a session where the biggest gainers surrendered the most.JASMY's gain narrowed from 16% to 4% and IMX's from 17% to 6%. ORCA, NMR, ONDO and NIGHT each rose about 10% in early trading before falling to single digits. W, CETUS, JUP, SUI, MET, WOO and CVX gave back their 24-hour gains entirely.The consistency points to momentum buying rather than accumulation. Traders chasing an intraday move exit when it stalls, and because everyone in the trade shares the same short horizon, the exits compound.QNT simply had the most gain to give back.

Bitget has released a detailed timeline of a security incident, and its formal investigation report is expected to be published this week. Bitget CEO Gracy Chen shared the timeline during a livestream reviewing the incident.
On September 25 at 2:31, hackers made small transfers of 0.84 ETH and 93 TRX from Ethereum and Tron hot wallets, respectively. The amounts were below the risk-control threshold, so no alert was triggered. From 2:58 to 4:09, the attackers carried out 17 large transfers across XRP, ZEC, BSC, Base, Arbitrum, Optimism and other chains, with a combined value of about $360 million.
At 3:05, the platform's reconciliation system detected a large discrepancy, and the risk-control system automatically blocked user withdrawal requests. A P0-level emergency response was launched at 3:14, and the technical team took loss-limiting measures at 3:40. At 4:40, because the risk of private key theft could not yet be ruled out, the wallet team began moving funds to cold wallets. Between 4:55 and 5:13, hackers launched a second wave of seven transfers on Avalanche and other chains, worth about $28 million. At 5:44, the technical team stopped wallet withdrawal services, including signing machines, and isolated inbound and outbound transfers. The platform began issuing public statements between about 5:00 and 6:00.
At 4:43 PM that day, the security team identified the root cause of the incident, and at 9:42 PM the legal team filed a report with authorities in the jurisdiction where the entity is based. Around noon on September 26, the platform reopened deposits after completing vulnerability fixes, service isolation and security checks.
The platform said BTC withdrawals will open today, while ETH, USDT and other tokens, as well as fiat services, will be restored gradually over the next few days.
According to the security team's root-cause analysis, the attacker exploited a zero-day vulnerability in a third-party security product to steal internal network credentials and entered key internal management systems using a valid identity. The attacker then accessed wallet-related backend services, wrote forged withdrawal instructions directly, bypassed risk checks before withdrawal records were generated, transferred funds from warm and hot wallets, and deleted traces after each transfer. Bitget said no common virus or malware was used in the attack, which it described as a highly targeted operation. It added that private keys were not leaked and that the possibility of insider involvement has been preliminarily ruled out. The company said it will not speculate on the hacker's identity before the formal report is released.

On September 28, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that after Bitget opened its BTC withdrawal portal, part of a 5,500 BTC protection fund was transferred in batches to Bitget hot wallets to prepare for withdrawals. According to BlockBeats On-chain Detection, 2,042.28 BTC have been moved so far, while 3,457.72 BTC remain on-chain.
The analyst said the tokens were transferred in advance and should not be equated with the actual amount withdrawn.

Evernorth, an XRP treasury company, plans to list on Nasdaq under the ticker XRPN. According to Odaily, Armada Acquisition Corp. II shareholders will vote on the business combination on September 30, and approval would remove the last major obstacle to Evernorth’s public trading.
Evernorth plans to deploy XRP for yield strategies, infrastructure participation, and capital markets activities. The company holds about 473 million XRP and is one of the largest identifiable corporate holders. Evernorth has also agreed to refinance $30 million through 4% convertible preferred PIK notes, but the funds can only be used after the business combination is approved.

According to Jin10, COMEX gold futures fell below $4,200 per ounce and dropped more than 3%, while Shenzhen Shuibei gold jewelry market quoted prices for jewelry gold eased to 1,068 yuan per gram. Merchants said customer traffic at their stores has increased recently, replenishment has become more frequent than last month, and some popular styles have even sold out. One gold merchant said monthly sales rose about 20% to 30% from the previous month.

An address had 748,100 NEAR liquidated as the token fell, with the position valued at $3.67 million. According to Odaily, the liquidation was tracked by Lookonchain.

USDT added 845,900 holders over the past 7 days, while USDC added 390,800, EURC added 69,800, USDG added 23,300, and CASH added 18,600. According to Odaily, the figures cover the same 7-day period.

QNT briefly touched 373 USDT this morning before easing to 287.71 USDT, up more than 87% over the past 24 hours. According to Odaily, Quant said it will provide technical support for The Clearing House’s on-chain money initiative.
Quant will handle the network’s interoperability, orchestration, and transaction management layer, and connect it with existing fiat payment systems including RTP and CHIPS. The network is designed to give financial institutions clearing and settlement capabilities for tokenized deposit transactions, support instant settlement, and automatically trigger transactions once preset conditions are met. It is expected to open to participating institutions in the first half of 2027.

Crypto exchange operators and digital depositories in Russia can begin applying for entry into an official register starting October 5. According to NS3.AI, the Bank of Russia will have 30 working days to decide on exchange-operator applications, while digital depository applications will be reviewed within 60 working days.
A separate draft list for retail trading had included Bitcoin, but the October admission rules do not finalize that list.

Peter Brandt said XRP holders do not need “certified cult membership” to justify owning the token, arguing the charts alone are enough reason to buy. According to BeInCrypto, his comments came as bullish technical patterns, whale accumulation and steady ETF inflows supported a constructive setup for XRP.
Brandt’s long-term chart points to upside near $5.40, while XRP traded around $1.52. Analysts also cited an inverse head-and-shoulders pattern with a neckline near $1.55, and said a breakout could lift XRP toward $2.

According to on-chain analyst Specter, North Korea is laundering funds across multiple blockchains, including underlying chains such as dYdX, Noble, and Osmosis. According to ChainCatcher, the activity also includes opening perpetual contract positions on dYdX.

Wintermute holds short positions worth $126 million on Hyperliquid, including $46.92 million in ETH shorts, $11.3 million in SOL shorts, and $10.03 million in HYPE shorts. According to Odaily, the positions are currently up about $963,600, with cumulative profit of $197 million.

On Sep 28, 2026, 12:55 PM(UTC). According to Binance Market Data, BNB has crossed the 770 USDT benchmark and is now trading at 770.27002 USDT, with a narrowed narrowed 1.48% decrease in 24 hours.

QNT briefly fell below $200 and was last reported at $203. According to Odaily, it is down more than 40% from its morning high.