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The Japanese clothing retailer Mac Housd has been renamed to Gyet, introducing multiple new cryptocurrency-related initiatives.

2 hours ago

On September 18th, as per Beincrypto, the Japanese casual clothing retailer Mac House announced that its shareholders' meeting has given the green light to the company's renaming to Gyet Co., Ltd., signifying a strategic shift into the cryptocurrency and digital asset realm. The company's amended articles of incorporation have incorporated a wide range of digital businesses, such as cryptocurrency acquisition, trading, management, and payment services, as well as cryptocurrency mining, staking, lending, and liquidity mining. Furthermore, it includes blockchain system development, NFT-related projects, as well as generative AI and data center operation research. Previously, Gyet had launched a $11.6 million Bitcoin acquisition plan and tested mining operations in US states with relatively low electricity costs like Texas and Georgia, with the aim of holding more than 1,000 BTC.
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CryptoQuant: BTC Shows Short-Term Overheated Conditions, Potential for New All-Time High if Upward Trend Continues in the Next Two Weeks

On September 18th, CryptoQuant analyst Axel Adler Jr. posted on Platform X that the trading price of BTC futures is higher than the spot price. The basis remains positive, with the 7-day average above the 30-day average, indicating a bullish state. Overheating/divergence signals emerged before the Federal Open Market Committee, showing short-term overheating (the basis rising with light volume), suggesting that this trend is in a late stage. The fundamental situation for the next two weeks (with a possibility of 70%): a gradual upward trend or sideways consolidation. If a set of green trend confirmation signals (price increase + basis increase + OI increase) appears in the next few days, it will indicate new long participation and increase the likelihood of a new all-time high (ATH).

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Ripple CEO: XRP ETF to be Approved by End of Year, XRP to Be Included in US Crypto Reserves

On September 18th, Ripple's CEO Brad Garlinghouse stated in an interview that the approval of a spot XRP ETF is "unavoidable." He expects the U.S. Securities and Exchange Commission to give the green light to some or all of the pending applications by the end of the year. Currently, companies such as Bitwise, Franklin Templeton, and Canary have submitted relevant applications. He also anticipates that the XRP token will eventually become a part of the U.S. government's crypto reserves. Analysts are optimistic about the potential for fund inflows into a XRP ETF. The CEO of Crypto.com predicts that these funds will attract $8 billion in inflows in the first year, and JPMorgan Chase has also provided a similar forecast. (Themarketperiodical)

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Bloomberg Analyst: Over 100 Crypto ETFs Could Launch in the Next Year

On September 18th, Bloomberg ETF analyst Eric Balchunas stated in an article that if the SEC adopts a unified listing standard, it could have a substantial impact on the cryptocurrency ETP space. Historically, the last time the U.S. Securities and Exchange Commission (SEC) implemented such standards for ETFs, the number of listings saw a doubling. He pointed out that there could be more than 100 cryptocurrency ETFs listed within the next 12 months.

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Foreign Media: U.S. Budget Airline Plane Nearly Collides with Trump's Private Jet

On September 18th, as reported by Bloomberg and other foreign media, on Tuesday, a passenger plane of Spirit Airlines Inc. in the United States had a dangerously close encounter with the Boeing 747 special plane carrying U.S. President Trump and First Lady Melania on their way to London in the congested airspace over New York. According to sources, when Air Force One and Spirit Airlines Flight 1300 (an Airbus A321 plane flying from Fort Lauderdale to Boston) were flying over Long Island, air traffic controllers noticed that the two aircraft were at a similar altitude and their flight paths were intersecting. The controller tried multiple times to alert the Spirit Airlines pilot to change course and even rebuked, "Stay focused!" In response, the Federal Aviation Administration (FAA) in the United States said that it had noticed the relevant social media content and confirmed that there were no safety issues. "The aircraft maintained the required separation from each other," the agency

21 minutes ago

A certain whale once again invested $3.09 million to purchase over 54,000 HYPE tokens, increasing their total position value to $5.7 million.

On September 18th, as monitored by Onchain Lens, a whale deposited 3.09 million USDC into HyperLiquid and then purchased 54,225 HYPE again. In the past 24 hours, this whale has spent a total of 5.7 million USDC to acquire 101,615 HYPE at an average price of $56.19.

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A certain whale withdrew 15,200 ETH from Binance in the past 2 hours

On September 18th, as per the monitoring of LookOnChain, a whale has withdrawn 15,200 ETH from Binance within the past 2 hours. The value of this withdrawal is $70.44 million.

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