The trading volume of LIT has increased to three times the average level of the past seven days in the past 24 hours, with a cumulative price increase of 41.9%. It is now reported at $3.38 and currently ranks sixth on the AiCoin hot search list. The significant amplification of transactions accompanied by price strength usually reflects an increase in capital participation and the dominance of long positions. At the current stage, the flow of funds, transaction structure, and the movement of large amounts of funds deserve special attention. By using AiCoin PRO's "Main Large Orders" and "Main Transactions", one can further observe the buying and selling situation of large funds, the price range of transactions, and the sustainability of funds. The above content is for reference only and should not be used as any investment advice

Bitget executive Gracy Chen stated that some altcoins can still provide returns of 100 or 1000 times, but there is a risk of zero sum games in the market. （Cointelegraph）

Rebecca Rettig stated that the long-term advocacy work and submitted opinions of cryptocurrency lawyers have had an impact on the SEC's cryptocurrency regulatory rule making, even though these works sometimes seem like shouting into the void. （CoinDesk）

Kalshi traders predicted that the probability that the yield of US treasury bond bonds would remain high by the end of the year was 56%, although Bessant proposed a bond repurchase plan. （Cointelegraph）

The Crypto Council for Innovation and Blockchain Association have filed a lawsuit against Illinois officials, opposing the state's expected 0.2% cryptocurrency tax to be implemented in January 2027. The two organizations filed a petition in the Seventh Judicial Circuit Court of Sangamon County, claiming that the tax violated the Constitution of the United States, the Constitution of Illinois, federal and state due process laws and the Internet Tax Freedom Act, and caused double taxation. The lawsuit claims that the tax regulations are vague, putting residents and brokers at risk of civil and criminal penalties. Blockchain Association CEO Summer Mersinger stated that Illinois cannot implement a tax system that discriminates against digital commerce and increases consumer and business uncertainty. Digital Chamber filed a similar lawsuit in July regarding the same tax.