Morgan Stanley claims that Bitcoin only accounts for 2% of the global money supply

A new proposal from the Solana community aims to increase the daily amount of SOL tokens destroyed by more than tenfold. （Decrypt）

US Senator Cynthia Lummis called on the Senate to pass the CLARITY Act and stated that it is now time to submit the bill to President Trump. （Cointelegraph）

The Federal Reserve System is no longer predicted to raise interest rates next month. （Watcher.Guru） AI interpretation: Market expectations for the Federal Reserve's interest rate decision have completely shifted towards stopping interest rate hikes, marking the substantial end of the tightening cycle. The consensus to maintain the status quo of interest rates has completely eliminated the risk of further tightening monetary policy in the short term. This clear policy signal will guide the reallocation of funds and significantly alleviate liquidity pressures in financial markets. Investors should shift their focus from concerns about interest rate hikes to the game of timing interest rate cuts, and the logic of asset pricing has undergone a fundamental shift.

Morgan Stanley analysis believes that Bitcoin only accounts for 2% of the global money supply. If user growth continues, Bitcoin will perform better than other assets and be seen as a value storage tool and financial asset, with the biggest risk being cryptocurrency failure. （Bitcoin Archive）

The sentiment in the Bitcoin market is at a historic low of panic, with the ratio of positive to negative comments dropping to 0.54 since July 31st, and the number of bearish comments being about twice that of bullish comments. Strategy sold 1638 BTC last week, involving an amount of approximately $105 million. （Santiment）