BTC falls below the $115000 mark

[Yala Warns Users to Temporarily Halt Operations Related to YU and YBTC to Avoid Delays in Fund Recovery] The stablecoin project Yala issued a security alert on platform X, advising users to suspend all transactions or operations related to YU and YBTC until the new plan is officially implemented. Yala emphasized that any operations during this period could complicate subsequent processes and further delay the fund recovery timeline. Previously, the project experienced a hacker attack and is currently formulating a new security plan to address the related issues.

[US Military Strikes Venezuelan Drug Trafficking Vessel, BTC Faces Key Resistance Test] On September 16, the US military struck a suspected Venezuelan drug trafficking vessel in international waters, escalating geopolitical risks. BTC is currently facing a resistance level at $117,000, with support levels at $114,000 and $111,000. If these levels are breached, it may fall to the $108,000–$109,000 range. Bitunix analysts advise investors to monitor geopolitical developments, manage leverage, and beware of intensified short-term market volatility.

BBX News: Yesterday, the encryption configuration of global listed companies continued to be highly popular: SOL ecosystem outbreak: Forward Industries (NASDAQ: FORD) adds 186 million to purchase 780000 SOLs; Galaxy Digital (NASDAQ: GLXY) has secured an initial funding of 500 million yuan for institutional promotion of SOL treasury services; BTC giant keeps going: MicroStrategy (NASDAQ: MSTR) invested 247.6 million yuan to increase its holdings of 2150 BTC, bringing its total holdings to 640000; Metaplanet (TSE: 3350) has completed the second batch of 500 BTC purchases; Optimization of staking income: SharpLink (NASDAQ: SBET) will transfer 50000 ETH to Lido staking; Fundamental Global (NASDAQ: FGF) expands its staking scale to 35000 ETH. The institution disclosed a single day investment and financing amount of over 1.2 billion US dollars, and the Solana ecosystem and Bitcoin remain the absolute core. Source: bbx.com

[Jito Transfers $8 Million Worth of JTO Tokens, Possibly for a Transaction] According to Arkham analyst Emmett Gallic, Jito transferred $8 million worth of JTO tokens from an independent custody address on September 16. This wallet had remained inactive since receiving 25 million JTO two years ago, and this transfer may indicate a transaction. Previously, the Jito Foundation announced an update to the JTO tokenomics on September 4.

[Shanghai Court Successfully Handles Virtual Currency in Criminal Case for the First Time] Under the guidance of the higher court, the Shanghai Baoshan District People's Court successfully liquidated over 90,000 FIL tokens, marking the first time a Shanghai court has handled virtual currency in a criminal property-related case. The disposal adopted a 'domestic entrustment, overseas handling, closed-loop return' model and was completed through a licensed trading platform in Hong Kong, with the transaction price not lower than the average price of the preceding 20 days. The funds obtained were converted into RMB and transferred to the court's account for legal processing.