The chairman of the U.S. House Financial Services Committee, French Hill, and senior member Maxine Waters have written to the chairman of the SEC expressing support for Executive Order 14330 signed by President Donald Trump on August 7. The order calls for the U.S. Department of Labor and the SEC to work together to assess and revise related regulations to facilitate the inclusion of Bitcoin and other alternative assets in 401(k) retirement savings plans. The letter also mentions H.R. 3394, a bill concerning investor qualification standards.

Sudden big dump! This time, the long order liquidation exceeded 1.6 billion positions, marking the largest single-day long order liquidation since 2021! Bitcoin fell over 2.5% within 5 minutes, hitting a low of $111,700; Ethereum briefly reached $4,077, and SOL also plummeted to $214.5.
Accelerating the liquidation of leverage: In the last 24 hours, a total of 407,146 people were liquidated globally, with a total liquidation amount of 1.7 billion! In the past hour, long orders were liquidated for 1 billion! Each complete bull market has six phases: The first phase: disbelief in rising. The sec

Grayscale has updated its filing with the SEC (SEC) to convert its DOGE Trust (Dogecoin Trust) into a fully tradable ETF (ticker: GDOG), with Coinbase acting as the custodian and lead broker. Previously, Osprey's DOGE ETF made its debut with a volume of $17 million. Meanwhile, the new regulations from the SEC have expedited the approval process for Crypto Assets ETFs, which is expected to allow more meme coins and multi-asset products to quickly enter the market.

Bloomberg senior ETF analyst Eric Balchunas tweeted that XRPR had a first-day trading volume of $37.7 million, slightly higher than IVES, making it the product with the largest first-day (natural) volume among all new funds in 2025. DOJE had a first-day trading volume of $17 million, ranking it among the top five out of 710 new products for the year. This is a positive signal for the upcoming wave of registered ETFs under the Securities Act of '33.

The launch of XRP and DOGE ETFs addresses a long-standing challenge in the Crypto Assets investment space: accessibility. Traditional investors, especially retail investors, often hesitate due to the complexity, Fluctuation, and regulatory ambiguity of crypto exchanges. ETFs alleviate these barriers by offering familiar and regulated digital asset investment vehicles.
For XRP, the potential approval of a spot ETF could release $1 to $2 billion in institutional capital inflow, tightening its circulating supply and creating a price floor through regulated custody mechanisms. XRP ETF approval lat

Cryptocurrency assets that have futures trading on mainstream regulated platforms such as CEX are eligible for expedited approval within 75 days. Bloomberg senior ETF analyst Eric Balchunas revealed that currently, there are 12 to 15 tokens that meet this criterion, including XRP, Shiba Inu (SHIB), Hedera (HBAR), Cardano (ADA), Dogecoin (DOGE), and Stellar (XLM).

DOGE has finally welcomed a breakthrough from the encryption circle to the stock market civilian circle. This is an unprecedented huge victory, and this moment is just the beginning. After the interest rate cut, funds can not only flow through the encryption circle but can now be directly purchased through DOGE ETF via stock market accounts, which is a huge Favourable Information.
And now it's just the beginning...

Odaily News REX Shares and Osprey Funds have announced the launch of the DOGE ETF "REX-Osprey™ DOGE ETF (CBOE: DOJE)" and the XRP ETF "REX-Osprey™ XRP ETF (CBOE: XRPR)" as part of their strategic partnership project REX-Osprey. It is reported that these are the first exchange-traded funds in the United States to provide investors with spot investments in DOGE and XRP. (Businesswire)

On September 17, Powell, the Chairman of the U.S. Federal Reserve, attended a press conference in Washington.
The Federal Reserve concluded its two-day monetary policy meeting on the 17th, announcing a reduction of the federal funds rate target range by 25 basis points to between 4.00% and 4.25%. This is the first rate cut by the Fed in 2025, following three rate cuts in 2024.

At 2 AM Beijing time on September 18, the Federal Open Market Committee (FOMC) will announce the latest Interest Rate decision.
Due to a noticeable slowdown in the job market, while inflation levels have not spiraled out of control, the market and most analysts generally expect a rate cut of 25 basis points, lowering the federal funds rate target to a range of 4%-4.25%, followed by two more rate cuts of 25 basis points each in October and December of this year.
The more mainstream opinion also suggests that there may be 6 rate cuts in this cycle, lasting until spring next year, but the specifi

Bond traders are increasing their options bets, expecting the Fed to implement at least one 50 basis point rate cut at one of the remaining three policy meetings this year. Market forecasts suggest officials will initiate the first rate cut of 2025 on Wednesday, with a 25 basis point cut seen as the most likely outcome. However, despite persistent inflation, a cooling labor market is prompting some traders to hedge against the risk of a worsening economic outlook leading to more aggressive cuts in the coming months. This week, trading flows related to the Secured Overnight Financing Rate (SOFR

Analysts predict that some alts will rise significantly in 2025, with Solana (SOL) expected to reach a target of 500 dollars within three months, driven by institutional buying and DeFi innovations. Although the Meme Token PEPE lacks utility, its price may reach 0.00002405 dollars if the market environment is favorable for speculative demand. Infrastructure projects like Biconomy and RedStone have gained attention in cross-chain and data solutions, while the presale token MUTM raised 7.8 million dollars at a price of 0.025 dollars, aiming to replicate Solana's growth momentum through Layer

The price of World Liberty Financial's WLFI Token is stable at $0.20, after its community approved the buyback Burn Mechanism with a support rate of 99.48%. The plan will use 100% of the Ethereum, Binance Smart Chain, and Solana protocol liquidity fees to purchase WLFI and permanently remove it from circulation, aimed at reducing supply and enhancing deflationary pressure. The market capitalization of the token is $5.4 billion, with a daily volume of $480 million.

HTX, Binance, OKX, and Bybit are engaged in fierce competition in the Crypto Assets wealth management platform sector through subsidy mechanisms, offering tiered Intrerest Rates and limited-time products to attract users, reminiscent of the "takeaway wars" of the 2010s. These strategies adapt to the Fluctuation of Crypto Assets, combining high-yield incentive mechanisms with gamification and artificial intelligence analysis to enhance user retention. However, against the backdrop of market instability and regulatory risks, the long-term sustainability of the platforms remains a concern. Theref

Circle has minted 500 million USDC on Solana, bringing the total issuance on its network to 1.2 billion USDC in September. This increase aims to enhance liquidity and accessibility for Solana users, supporting faster transaction speeds and lower fees in DeFi. Meanwhile, the decentralized exchange Hyperliquid, with a total value locked of 700 million USD (TVL), is considering launching its own stablecoin USDH, which could challenge USDC's dominance by sharing profits with the community. Competing issuers like Paxos and Ethena Labs are racing to offer high returns for HYPE holders, generatin