U.S. diesel prices hit record high as bitcoin and gold struggle

Lin Junxian, former account manager of China Construction Bank (Asia) Limited, admitted to conspiring with others to accept a bribe of $470000 in Tether and forging documents as collateral for insurance related investment transactions. The case has been postponed to September 18th for sentencing. (Source: Sina Finance)

As of September 15th, Binance's total stablecoin reserves reached $43.44 billion, with an average daily inflow of $23.71 million from USDC. The inflow of TRX chain USDT and USDC networks increased by 624% and 518% respectively compared to the 90 day benchmark, while the average daily net outflow of ETH chain USDT was $23.89 million. The average daily net traffic of TRX chain USDT flowing into Binance reached $91.73 million, an increase of 660% compared to the 30 day benchmark. The Binance ESR index has risen to 0.3022.

[H100 CEO Increases Holdings by 407,200 Shares of H100 Stock, Company Holds 3,506 BTC] H100 Group CEO Eirik Grøttum, through Kode Oslo AS, purchased 407,163 shares of H100 stock at a price of 1.53 Swedish Krona per share, with a total amount of approximately 621,900 Swedish Krona. After the transaction, the affiliated company holds a total of 5,399,464 shares of H100. H100 currently holds 3,506 BTC.

The top 20 billionaires in the United States donated over $1.058 billion to the midterm elections, with a total donation of $2.8 billion for this election cycle. George Soros ranked first with a donation of $102 million, while Mark Andreessen, Ben Horowitz, Jeff Yas, and Elon Musk donated $96.2 million, $91.3 million, and $90.5 million, respectively. (Source: Xinhua News Agency)

Citigroup released a research report stating that the Federal Reserve has raised interest rates by 25 basis points, and expects a moderate month on month increase in core inflation in the coming months. It is expected that the Federal Reserve will maintain interest rates unchanged in October. The bank expects the Federal Reserve to wait for more data after October and remain inactive again in December, when inflation data provides evidence of a slowdown in inflation. As inflation continues to cool, Citigroup expects the Federal Reserve to resume interest rate cuts in June 2027. AI interpretation: This prediction clarifies the policy path of the Federal Reserve to maintain interest rates unchanged throughout the year, reflecting the institution's cautious assessment of the process of inflation decline. The expectation of maintaining high interest rates in the long term has suppressed the market's immediate fantasy of loose policies and strengthened the tone of monetary policy tightening over a longer period of time. This judgment directly negates the possibility of a short-term interest rate cut, forcing the market to recalibrate its pricing logic for interest rate inflection points.