Summer Mersinger, CEO of the American Blockchain Association, stated that less than four weeks before the US Senate votes on September 15th to advance the Clarity Act debate, reopening the provisions that have been negotiated for months will lead to legislative failure. Mersinger stated that the proposed amendments by the American Bankers Association are significant policy changes that will expand the scope of regulatory interpretation and change the applicability of the GENIUS Act. Mersinger pointed out that bank deposits in the United States have grown for three consecutive quarters since the passage of the GENIUS Act, with a cumulative increase of over $800 billion. Mersinger calls on the US Senate not to reopen negotiations and to pass the Clarity Act directly.

According to Lookonchain monitoring, loracle.hl has lost over $70 million on HYPE in the past three months. If the HYPE price reaches $101.15, loracle.hl's 685744 HYPE short positions (worth $54.88 million) will be forcibly liquidated.

OKX-OKB/USDT is currently trading at $119.75, with a 5-minute increase of 1.34%. Please be aware of market fluctuations.

Binance BNB/USDT is currently trading at $699.96, with a 5-minute increase of 0.09%. Please be aware of market fluctuations.

Jiang Zhuo'er, founder of Laibit Mining Pool, stated that there is currently a 90% confidence that the bear market has ended, and ETH's performance in this round may surpass BTC. Jiang Zhuo'er has bought back ETH sold between $1738 and $1931 at a stop loss of $2100, and sold 50% of the spot ETH when it rose to $2525, with a stop loss set at $2550. For short selling funds, Jiang Zhuo'er plans to buy all BTC if it falls back to the range of 67000 to 72000 US dollars, otherwise buy at the current price no later than the end of October, and emphasizes the importance of execution and risk control in trading.