Premiere and AE are being dismantled by Agent, Mirage launches Tesseract.

Against a backdrop of a stronger U.S. dollar and hawkish remarks from Federal Reserve officials—further cementing market expectations of tighter monetary policy—gold prices fell amid range-bound trading. The U.S. dollar rose to a two-month high, making dollar-denominated gold more expensive for investors holding other currencies. Ole Hansen, head of commodity strategy at Saxo Bank, said: "Gold continues to trade within its established narrow range of $4,300 to $4,400. Fed officials’ comments, their impact on U.S. interest rates, bond yields and the dollar, along with oil price trends, collectively provide the primary direction for short-term traders." Richmond Federal Reserve President Thomas Barkin said Tuesday that interest rate hikes and the threat of future additional hikes could curb corporate inflation expectations and cool price increases without significantly weighing on economic activity. (Jin10)

Citigroup said in its latest market strategy presentation that the U.S. Senate’s failure to advance the CLARITY Act to formal consideration has not halted Bitcoin’s rally. After the bill’s procedural vote stalled, Bitcoin remained strong, indicating capital has begun reducing reliance on a single legislative node and is instead focusing on whether regulatory rules can continue moving forward. Citigroup believes the legislative setback will limit the CFTC from gaining more comprehensive crypto market regulatory authority in the short term, but the SEC can still advance some rulemakings under its existing powers. For the market, this means the crypto industry’s compliance process still has room to proceed, with the subsequent focus on the SEC’s actual implementation pace of rules for trading, tokenized assets, and market access. Additionally, the macro environment remains a variable for Bitcoin’s rally. Citigroup’s economic team’s baseline assessment is that this round of interest rate hikes is likely near a “one-and-done” scenario; however, its quantitative macro team warns that if AI investment continues to underpin growth, and employment and wage pressures persist, interest rates may face further upward revision risks. Citigroup views Bitcoin’s break above its medium-term moving average as a signal of warming risk appetite, and notes its correlation with Nasdaq performance warrants continued monitoring.

Glassnode stated in a social media post that the four-year cycle playbook many investors rely on has not worked for Bitcoin’s (BTC) current bear market. To date, the drawdowns of the previous three bear markets were more than double that of this cycle, and each was still weeks away from their respective lows at comparable stages. As weeks pass, the likelihood of BTC falling to the depths seen in prior bear cycles appears increasingly slim.

Solana treasury firm Forward Industries announced it has signed a securities purchase agreement with an institutional investor to issue 3.125 million common shares at $8 per share, with total expected fundraising of approximately $25 million. Forward Industries said the net proceeds from this offering will be used to buy more SOL to expand its SOL treasury scale, while increasing the fully diluted SOL holdings per share. The offering is expected to close around September 24, subject to customary closing conditions. Forward Industries currently holds about 8.16 million SOL, and has previously prioritized increasing SOL holdings and staking as core parts of its digital asset treasury strategy.

Slow Mist’s CISO 23pds posted on social media, clarifying that the "malware" referenced in protos’ earlier report is FOMOPeek, not the official FOMO iOS application. BlockBeats previously reported that Slow Mist analysts warned in protos’ report that the official FOMO iOS app was found to contain malware capable of stealing crypto assets, and the affected versions of the app were available on the App Store from September 9 to September 17.

Galaxy Digital announced it has added $100 million worth of Sky Protocol’s yield-bearing stablecoin sUSDS to its corporate treasury and approved the asset as collateral for its institutional trading business. Max Bareiss, Galaxy’s head of lending, noted the purchase was funded by the firm’s own balance sheet capital. As of June 30, Galaxy held nearly $2.5 billion in cash and stablecoins. As part of the partnership, Galaxy also acquired an undisclosed quantity of SKY tokens. Clients can now borrow funds via Galaxy by staking sUSDS, while continuing to earn Sky’s savings rates during the loan period. Galaxy’s institutional platform serves over 1,600 counterparties, with an average loan book of $1.4 billion. Sky reported that sUSDS supply hit $5.52 billion at the end of Q2, marking a 149% year-over-year increase. The two parties already have prior arrangements including a $500 million warehouse financing facility provided by Grove, and are currently discussing expanding that facility’s limit.