Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

On September 17th, Sonic Labs made an announcement about a strategic investment in FinChain. FinChain is a Web3 brand and an institutional RWA provider incubated by Fosun Wealth Holdings. This investment will allow FinChain to give priority to launching new RWA products and tokens on Sonic. This will lead to the achievement of native liquidity, composability, and settlement. Issuers will gain benefits from reusable identities, compliance workflows, and cross-distribution across FinChain channels. By leveraging Sonic's ultra-low-latency infrastructure, RWA assets issued through FinChain will have access to Sonic's money markets, treasuries, and structured products, thereby expanding yield, hedging, and credit primitives.

On September 17th, the Fed is divided between hawks and doves. Multiple institutions have made predictions on the interest rate cut as follows: 1. Citibank: It is highly likely that three voting members will support a 50-basis-point rate cut at this meeting, namely Fed governors Waller, Bowman, and Mester. 2. Morgan Stanley: It is expected that the Fed will decide on a 25-basis-point rate cut, but the newly appointed Fed governor Mester will hold a different view and advocate for a 50-basis-point rate cut. 3. JPMorgan Chase: The Fed is expected to decide on a 25-basis-point rate cut. During the voting process, it is expected that 2-3 attendees will dissent and support a 50-basis-point rate cut. 4. Rabobank: In this meeting, Milan will undoubtedly join the dissenters Bowman and Waller from July in supporting a rate cut and may even support a larger 50-basis-point cut. 5. Rabobank International: Waller and Bowman may vote to support a larger rate cut. The newly appointed governor Milan b

On September 17th, according to the monitoring of Ave.ai, the Meme section of the X Layer platform remained active with the traffic support of OKX. OKI was strengthened, X314 plummeted. It reached a high of $0.476 yesterday and fell to $0.000851 today. The high-volume tokens in the last 24 hours are as follows: - XDOG: Market Cap $31.7 million; Current Price $0.0308; 24-hour Trading Volume $4.989 million. - OKI: Market Cap $19.357 million; Current Price $0.922; 24-hour Trading Volume $4.536 million. - Xwizard: Market Cap $1.018 million; Current Price $0.00102; 24-hour Trading Volume $3.532 million. - DOGSHIT: Market Cap $36.081 million; Current Price $0.000582; 24-hour Trading Volume $1.915 million.

September 17th. According to an official announcement, Bitget has declared the commencement of U-based PORTALS perpetual contracts, with leverage ranging from 1 to 20. At the same time, contract trading BOT will be made available.

September 17th. The Hyperliquid perpetual contract has launched SKY and supports a leverage of up to 3x.

On September 17th, Harley Bradley, the Co-Head of Global Rates at Insight Investment, stated in a report that the rate cut environment might bring good news to those who have invested in US bonds through globally diversified fixed income portfolios. Although tariffs still have the potential to lead to higher inflation, the Fed is scheduled to cut rates on Wednesday. Given the relatively stubborn inflation in the US, the market will pay close attention to the Fed's latest dot plot forecast for rate cuts beyond September. While inflation may complicate the situation, it is believed that the Fed will be willing to overlook inflation above the target in order to safeguard the labor market. (FX678)