South Korea's KB Card Partners with Avalanche to Launch "Hybrid Stablecoin" Credit Card

According to a report from The Information, Anthropic has signed a $13.7 billion computing power agreement with Rum Group, an entity associated with Donald Trump.

Renowned crypto trader Bonk Guy shared his insights on Arc Chain in a post, revealing that multiple Arc ecosystem builders have reached out to him over the past weeks to attract high-frequency traders to participate in the chain’s early launch. He had previously overlooked Arc, as he believed on-chain activity in this cycle would center primarily on Robinhood, BNB Chain, and Solana. However, news that FOMO will integrate Arc within days of its launch shifted his short-term outlook on the chain. FOMO is fast becoming a key crypto trading app for retail investors in this cycle; it had not integrated Hyperliquid, Tron, or TON before, though tokens on these three chains have each surpassed $100 million in market cap. Thus, if FOMO supports Arc from its early launch stages, it could bring notable short-term trading opportunities for traders. Moreover, Arc is proactively courting high-frequency traders, signaling it is adopting Robinhood’s early strategy of building on-chain traffic via active trading. Bonk Guy has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins. His take on Arc is limited to short-term trading opportunities and does not alter his core view that Robinhood Chain, BNB Chain, and Solana remain the most worthy ecosystems to watch in this cycle. The primary reasons Arc merits attention now are its combination of a new chain, Launchpad, high-frequency traders, and FOMO integration, which may generate early trading opportunities. He also reminds relevant participants that this is a high-risk short-term speculative endeavor.

Nate Geraci, president of The ETF Store, wrote in a post that while it would be positive if the CLARITY Act secures enough votes to advance this week, he does not believe the bill will be decisive for the crypto industry’s future. Under the Trump administration, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) can still leverage their existing authority to support crypto sector growth. The crypto industry is evolving far faster than policy-making cycles; by the time U.S. policymakers recognize the financial system has already upgraded, the trend may already be irreversible. The CLARITY Act will only serve as an additional catalyst, providing clearer policy expectations for the crypto sector by boosting market confidence that innovations will not be easily reversed, though the industry’s future does not hinge on the bill’s passage.

According to Bitget market data, SoftBank Group's stock price fell 10% at the opening of trading.

According to Bitget market data, South Korea’s KOSPI index opened 3.14% lower, SK Hynix fell 5%, and Samsung Electronics dropped 3.6%. Japan’s Nikkei 225 index opened down 410.94 points (0.64%) on Monday, September 14, trading at 63,600.40 points. Earlier, three major AI giants, concerned about AI safety, jointly called for a slowdown in the development of advanced models.

This week, global markets are entering a "central bank super week." The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) will release its interest rate decision and Summary of Economic Projections in the early hours of Thursday Beijing time, followed by a monetary policy press conference from Fed Chair Jerome Powell. The Bank of England (BoE) and Bank of Japan (BoJ) will also announce their respective rate decisions on Thursday and Friday. Meanwhile, the U.S. Senate will hold a key procedural vote on the CLARITY Act on Tuesday local time, while the U.S. Securities and Exchange Commission (SEC) will host a roundtable the same day to discuss 24-hour trading. Key events to watch: Tuesday: Key procedural vote on the Cryptocurrency Market Structure Act (the CLARITY Act); weekly change in U.S. ADP employment for the week ended August 29; September New York Fed Manufacturing Index. Wednesday: U.S. API crude oil inventories for the week ended September 11; August U.S. retail sales month-over-month rate, August U.S. import price index month-over-month rate, September NAHB Housing Market Index; July U.S. business inventories month-over-month rate; U.S. EIA crude oil inventories for the week ended September 11. Thursday: FOMC releases interest rate decision (2:00 a.m. Beijing time Thursday) and Summary of Economic Projections; Fed Chair holds monetary policy press conference; U.S. initial jobless claims for the week ended September 12; Bank of England announces interest rate decision and meeting minutes; SEC hosts roundtable to discuss 24-hour trading. Friday: Bank of Japan releases interest rate decision; BoJ Governor Kazuo Ueda holds monetary policy press conference.