The US Senate data center electricity bill is blocked, and related issues have become a focus of the midterm elections

In September, Bitcoin rose by about 7%, S&P 500 remained almost unchanged, gold fell by over 6%, and U.S. spot Bitcoin ETFs received billions of dollars in inflows, with Strategy increasing its holdings of 1665 BTC. （Santiment）

Avalanche has upgraded its block verification mechanism, Helicon, resulting in a 100 fold increase in block generation speed compared to the highest record.

Base has completed the Cobalt upgrade, adding conditional trading and issuer control tools for tokenized assets. This upgrade extends the B20 token standard, allowing issuers to set up compliance checks such as identity verification, qualified investor qualifications, and sanction list screening. The issuer may preset company behavior adjustments such as stock splits and authorize administrators to transfer tokens in specific circumstances. Cobalt has added Validity Transactions, allowing users to set on chain conditions to submit transactions that remain private until they are included in the block. On July 8th, Base adopted B20 as the standard for homogeneous tokens; Coinbase issued B20 tokens representing Apple, Nvidia, Meta, and Alphabet stocks on Base on August 25th. (Source: Cointelegraph)

The US Senate held a procedural vote on a bill to limit data center electricity prices on Wednesday, which was blocked due to not reaching the 60 vote threshold. The bill requires state-level regulatory agencies to take measures to prevent the construction of new data centers from driving up residential electricity prices, with a vote result of 57 in favor and 43 against. Democratic Senate leader Chuck Schumer criticized the bill as a political show, while Republicans said it was aimed at addressing public concerns about electricity costs. With the acceleration of AI data center construction, electricity demand has become an important issue in the US midterm elections, and related political advertising expenditures have exceeded $53 million. (Source: Cook Political Report)

The yield of the US 10-year treasury bond bond hit 5.305%, the highest level since May 2002.