OKX CEO Star: On-chain Reward $500,000 USDon Token Event Now Live

On Tuesday morning, September 16th, the US stock market continued its upward trend and tested a new round of historical highs. Traders are already making preparations for the Federal Reserve to resume its rate-cutting cycle. In terms of individual stocks, Oracle's stock price rose significantly. Although Tesla is facing an investigation by the US auto safety regulator (investigating whether some models have defects in their doors), its stock price still went up. Economic data indicates that US retail sales in August increased for the third consecutive month with a wide range of growth, highlighting the resilience of consumer spending. The latest survey by Bank of America shows that the net percentage of global fund managers "overweighting stocks" is 28%, reaching the highest level in seven months. Michael Hartnett, the Chief Investment Strategist at the bank, pointed out that market expectations for economic growth have seen the most significant improvement in nearly a year, with onl

On September 16th, President Trump of the US has initiated a $15 billion defamation lawsuit against The New York Times. Trump alleges that the reporting of The New York Times has damaged his reputation, business, Truth Social, and his TRUMP cryptocurrency project.

September 16th: The spot gold price reached another record high, exceeding the $3700 per ounce threshold.
Since August 20th of this year, gold has demonstrated a remarkable upward trend, with a cumulative increase of nearly $400.

On September 16th, as per official information, Sui has made an announcement. It is the first partner of Google's newly introduced Agentic Payments Protocol (AP2), which is a standard enabling AI agents to conduct transactions on behalf of users. Previously, there were reports indicating that Google has launched a new payment scheme aimed at facilitating the sending and receiving of funds by different AI applications. This open-source protocol not only supports traditional payment methods like credit cards and debit cards but also supports stablecoins.

On September 16th, according to Coinglass data, if Bitcoin drops beneath $113,000, the cumulative strength of long liquidation on mainstream CEXs will reach $1.348 billion. Conversely, if Bitcoin surmounts $117,000, the cumulative strength of short liquidation on mainstream CEXs will reach $891 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, strength. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be impacted when it reaches a certain position. A higher "liquidation bar" indicates that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

On September 16th, according to HTX market data, Bitcoin dropped below $115,000 and is currently trading at $114,940, with a 24-hour decline of 0.07%.