Goldman Sachs CEO: Expects Fed to Cut Interest Rates by 25 Basis Points in September

On September 11th, as monitored by Onchain Lens, a newly established wallet withdrew 320 BTC from Gemini, with a value of $36.45 million.

On September 11th, according to the Polymarket website, in the Hyperliquid stablecoin USDH auction battle, the winning probability of Native Markets is currently 77% and it ranks first. Paxos has a winning probability of 16.6% and ranks second. Ethena Labs has a winning probability of 5.4% and ranks third.

On September 11th, as per The Block, the Morgan Stanley analysts stated that the S&P 500 Index Committee rejected the inclusion of Strategy (formerly MicroStrategy) in the index during the previous week. Even though the company met the inclusion criteria technically, this was a "blow" to the cryptocurrency treasury. The Morgan Stanley analysts pointed out in a report on Wednesday that this rejection was not just a setback for Strategy but also a blow to the rapidly increasing number of similar companies in recent months. The analyst team led by managing director Nikolaos Panigirtzoglou of the bank stated that the index committee has discretion in the stock selection process, and this decision showed a cautious attitude towards those companies that convert their balance sheets into large holdings of Bitcoin. The analysts noted that being excluded from the S&P 500 means that the ability of this indirect channel to enter institutional and retail portfolios "may be approaching its limit.

On September 11th, according to official channels, Crypto.com has made an announcement. The Layer 1 blockchain Plasma has chosen Crypto.com Custody to offer digital asset custody and liquidity services. By means of this integration, institutions can hold the native token XPL of the Plasma blockchain, which is utilized for transactions and rewarding validation nodes. Institutions are capable of automatically depositing the tokens into the regulated vault. Meanwhile, they also have immediate access to Crypto.com's liquidity pool, which enables fast, reliable, and low-cost token swaps.

On September 11th, as reported by Bloomberg, the shareholders of Strategy Inc. have reached an agreement to end a lawsuit. The lawsuit accused the company's management of not giving due attention to the anticipated impact of a change in cryptocurrency accounting standards regarding its self-proclaimed "Bitcoin Treasury" business. The shareholders have voluntarily withdrawn a shareholder derivative lawsuit against the current and former board members and executives. However, they still reserve the right to refile the lawsuit. United States District Judge Anthony J. Trenga of the Eastern District of Virginia has approved a joint agreement between the shareholders and the former leaders of MicroStrategy Inc. and officially dismissed the case on Wednesday.

According to the language habits of Americans, the following is the rewritten content of the news flash: On September 11th, as monitored by LookOnChain, a whale has transferred 527,590 SOL (approximately $117.5 million) into a centralized exchange within the past 16 hours.