According to Glassnode data, Bitcoin's short-term annualized realized volatility has dropped below 30%, indicating the market has entered a low-volatility phase, which may precede a volatility surge. On-chain realized profit inflows have decreased to $1.17 billion per day, down approximately 47% from the June peak. Spot ETF net inflows have declined to an average of 980 BTC per day compared to the July peak, signaling weakened institutional buying. In the short term, Bitcoin may rebound to $114,000; however, if it falls below this level, the overall outlook remains bearish.

[Upbit to List OPEN, Supporting KRW, BTC, USDT Trading Pairs] Upbit announced that it will list OPEN (OpenLedger) at 17:00 on September 10 (Hong Kong Time), supporting KRW, BTC, and USDT trading pairs. Users can deposit within 2 hours after the announcement, and trading will commence on time.

[U.S. Senate CLARITY Act Draft Proposes Protecting Crypto Developers from Retroactive Liability] The latest CLARITY Act draft released by the U.S. Senate Banking Committee proposes amending relevant laws, stipulating that only crypto developers who 'knowingly and actually control currency or funds' are considered money transmission business operators. The draft aims to protect Bitcoin and crypto developers, covering actions both before and after the enactment of the act, to prevent them from facing retroactive liability due to unlicensed operations.

[Swarms: Former DAO Member of the Foundation 'SongShu Swarms' Deceives Investors, Linked to Scam Launch Platform ssi.fun] BlockBeats reported on September 10 that the AI agent protocol Swarms posted on the X platform, stating that a former DAO member of the Swarms Foundation, 'SongShu Swarms' (@imsongshu), deceived investors and attempted to manipulate the Swarms market. The announcement mentioned that @imsongshu removed all Swarms team members from the DAO chat and created chaos. @imsongshu also took control of the scam launch platform ssi.fun (@ssidotfun), which is expected to soon be used to deceive investors.

[Revolut Receives In-Principle Approval from UAE Central Bank, Set to Launch Digital Wallet and Payment Services Locally] According to a report by Jinse Finance, London-based fintech company Revolut has crossed its first regulatory hurdle in the UAE, obtaining in-principle approval from the country's central bank to apply for digital wallet and payment services. This approval pertains to the Stored Value Facility (SVF) license and the Category II Retail Payment Services license. Once it secures the formal licenses, Revolut will be able to issue digital wallets, store customer balances, process payments for merchants, and connect to the UAE's new real-time payment infrastructure. The central bank emphasized that in-principle approval is not a formal license, and Revolut must meet additional conditions before it can officially operate.