Bitcoin spot trading volume hits its lowest level since the end of the 2023 bear market, plunging more than 75% from its end-of-2024 peak.

Senior Iranian sources have revealed that Qatar and Pakistan, serving as mediators, have informed Iran that the United States is prepared to negotiate and strike a deal, and is serious about advancing this process. The sources added that Iran, for its part, is ready to resume implementing the Islamabad Memorandum of Understanding within days, provided the US returns to the memorandum and honors its terms. However, Iran is demanding tangible and credible guarantees to ensure it will not face further attacks. Once the US implements the substantive provisions of the memorandum—including halting hostilities, lifting the blockade against Iran, and allowing Iran to export oil—Iran will immediately launch negotiations on nuclear issues and sanctions relief. Iran has reached a consensus with Oman on the Strait of Hormuz, but stressed that "Iran will not reopen the strait as long as the blockade remains in place and no agreement is reached with the US," according to the sources. (CCTV News)

Circle’s public chain Arc has officially announced the launch of proxy payments. Its Facilitator Service provides x402 developers with a custodial integration path that accepts USDC and supports on-chain settlement across Arc, Base, and Polygon. This path eliminates the need for Relayer keys and dedicated gas fee wallets.

On-chain trading terminal Genius Terminal, which is invested in by YZi Labs and has CZ as an advisor, has released the 24-hour data for its new token launch platform Genius.fun: 13,001 tokens have been created, with a total of $529,400 in fee splits paid to creators and $303,100 in buyback amounts. On the evening of September 17, token launch platform Genius.fun was officially launched on BNB Chain, allowing creators to transfer tokenized stocks such as bSTOCKS to a neutral foundation and unwrap them, so as to exercise equity-related rights off-chain. According to GMGN market data, among the tokens issued by Genius.fun so far, GSTOCK has the highest market cap, currently at $6.9 million, and once quickly surged past $10 million after launch. The GSTOCK token is paired with BNCB, the on-chain token of BNB Treasury Company BNC, as its liquidity pool base. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should exercise caution when investing.

According to GMGN market data, the Robinhood ecosystem meme coin WALLET has surged past $28 million in market capitalization before pulling back to $26 million, with a 51.2% 24-hour gain and trading volume of $2.9 million over the same period. The token was issued via Noxa on July 10, and its deployer wallet is linked to funds from Robinhood CEO Vlad Tenev’s demo wallet as well as interactions with product manager Seong Lee. BlockBeats reminds users: Most meme coins have no real use cases and are highly volatile, so investment requires caution.

Next week, global markets will digest the aftermath of the Fed’s first interest rate hike since 2023 this week and reprice the "higher-for-longer" rate path. Geopolitically, Trump is set to meet with Gulf nations during the UN General Assembly and is nearing a "major decision" on whether to escalate strikes against Iran; air raid sirens sounded again in Saudi Arabia’s capital after months, creating conflicting pulls between oil market risk premiums and actual supply recovery; Japan has entered its "Silver Week" holiday, with low liquidity and yen pressure boosting expectations of policy intervention. Key events overview: Tuesday: Trump meets with Persian Gulf nations during the UN General Assembly in New York, nearing a "major decision" on Iran policy; U.S. Treasury auctions $69 billion in 2-year Treasuries; New York Fed President Williams and Fed Vice Chair Jefferson deliver speeches. Wednesday: U.S. Treasury auctions $70 billion in 5-year Treasuries; Richmond Fed President Barkin speaks. Thursday: U.S. Treasury auctions $44 billion in 7-year Treasuries; European Central Bank releases economic bulletin; New York Fed President Williams, Richmond Fed President Barkin, Cleveland Fed President Harker, and Philadelphia Fed President Powell hold consecutive speeches. Friday: U.S. September final University of Michigan Consumer Sentiment Index and 1-year inflation expectations; New York Fed President Williams speaks again.

According to monitoring by OnchainLens, Hyperliquid burned $2.42 million worth of HYPE tokens within 24 hours, at a weighted average price of $91.86, totaling 26,310 HYPE tokens destroyed. The cumulative burn volume of HYPE tokens currently stands at 48.76 million (valued at approximately $4.5 billion), accounting for 4.88% of its maximum supply. Over the past 30 days, Hyperliquid generated $64.34 million in revenue, bringing its cumulative total revenue to $1.26 billion.