Bitcoin Falls Below $115,000 Again, Ethereum Drops Below $4,500

On September 16th, Kyle Samani, the Co-Founder of Multicoin and the Chairman of the Board of Forward Industries (FORD), when appearing on the ThreadGuy podcast, discussed the likelihood of conducting further fundraising for the treasury. He said, "I have put in a lot of work. It's not just about raising $1.65 billion and then stopping. My goal is even larger."

On September 16th, CryptoQuant analyst Axel Adler Jr. made a post stating, "The higher the value of the Bitcoin Risk Index, the more dangerous the current market structure is compared to the past three years, which increases the probability of a rapid pullback/liquidation." Currently, the index is at a low level, specifically 23%, suggesting a stable market environment with a low likelihood of a sharp decline. A similar situation took place during the period from September to December 2023. Market participants are closely monitoring tomorrow's speech by Fed Chair Powell, hoping that it will not bring any unexpected surprises.

On September 16th, the cryptocurrency wallet Senpi accomplished a $4 million seed round of financing. Coinbase Ventures and Lemniscap took the lead in this. The obtained funds will be utilized to expand the platform access and further develop its AI capabilities. Apart from self-trading, Senpi will also provide features like copy trading, customizable strategies, real-time P&L tracking, and market sentiment analysis. Senpi adopts a non-custodial design, enabling users to have full control over their private keys.

On September 16th, according to DeBank data, the current total balance of OKX's official rebate wallet has exceeded 6.68 million US dollars. If calculated at the current minimum rebate rate of 0.45% (with the current highest total rebate being 40%), it is estimated that the total trading volume of DEX participating in OKX Boost has exceeded 1.4 billion US dollars. OKX DEX officially launched a new fee and rebate system on August 25th, with the aim of enabling more users, KOLs, and communities to freely share trades and earn rewards. Previously reported, on September 15th, OKX Wallet will officially launch the Boost - X Launch Phase 2 event on September 17, 2025. The project for this phase is Lombard (BARD), with a total prize pool of 2,600,000 BARD. Eligible users can sign up to participate in the event after it begins in order to share the project's token rewards. The participation requirements and trading point rules for this phase will be announced simultaneously on the product pag

On September 16th, as per the report in Cointelegraph, the United Nations Development Programme (UNDP) is set to collaborate with the Exponential Science Foundation, a non-profit entity advocating for blockchain and artificial intelligence. They are planning to launch the "Government Blockchain Academy" in the coming year. This academy will offer professional education to government agencies regarding blockchain, artificial intelligence, and other emerging technologies. It will also involve implementation projects to assist governments in driving transformation. The focus will be on leveraging blockchain technology to address pressing development challenges. These include creating trusted and verifiable digital credentials, enhancing financial services and digital payments, tracking and accounting for public procurement processes, maintaining tamper-proof records to combat corruption, and using tokens and smart contracts for climate financing, among other aspects. The academy is sched

On September 16th, according to HTX market data, Bitcoin rose to exceed $116,000 with a 24-hour decline of 0.4%.