Gains in US crypto-related stocks widened, with ABTC rising nearly 18% and Strategy surging over 14%.

Well-known crypto trader Doctor Profit posted a statement saying Ethereum (ETH) has fully broken through the key resistance zone of the bear market phase and, for the first time since the start of the current bear market, reclaimed the "golden line" (weekly EMA50) he closely tracks. Doctor Profit views this breakout as a significant technical signal for ETH, adding "fasten your seatbelts" while noting that bears will face pressure.

Tim Duy, chief US economist at SGH Macro Advisors, said that it has become more common in recent years for multiple Federal Reserve officials to dissent on interest rate decisions. Especially during periods when the economy faces multiple pressures and the policy path is unclear, sharp disagreements among officials can lead to more dissenting votes. As for the upcoming Federal Reserve meeting minutes, Duy noted that the core focus of the market will be how widespread officials' concerns about inflation are. He pointed out that at the time, inflation appeared significantly above the Fed's target, and policymakers were worried that it would not quickly fall back to the target level. Meanwhile, the labor market was seen as having stabilized, leading some officials to strongly argue that the Fed should raise interest rates to curb inflationary pressures. Therefore, the market will focus on how many Fed officials actually share this view, and whether concerns about inflation have formed a consensus among a broader group of policymakers. The degree of disagreement among officials over the policy path will also serve as an important clue for judging future interest rate trends. (Jin10)

According to monitoring from TradingBeats (formerly Hyperinsight), a whale address starting with 0x66 added 800 BTC to its short position during tonight’s sharp BTC rally, expanding its 40x-leveraged short to 1,200 BTC, making it the largest BTC short seller on Hyperliquid. The address currently holds an unrealized loss of $2.39 million, with an average entry price of $66,891 and a liquidation price of $70,039. Data shows the whale address is tagged as both "High Profit" and "Whale" — meaning its cumulative historical profit and loss exceeds $1 million, and its perpetual contract account net value (excluding spot and staking assets) ranges between $1 million and $5 million. Its win rate on completed historical trades stands at 55%.

The U.S. Commodity Futures Trading Commission (CFTC) has issued a public comment notice on the listing of computing power derivative contracts and related market regulatory issues, aiming to further understand and improve oversight of the computing power derivatives market. CFTC Chair Michael S. Selig stated: "Without a robust computing power derivatives market, the U.S. cannot win the AI race." He noted that just as U.S. markets once set trading standards for commodities driving the industrial economy, they will also establish corresponding rules for computing power commodities underpinning the "intelligent economy" going forward. The public consultation marks the first step in establishing clear rules for the U.S. computing power market. The process covers topics including the size, liquidity and other market characteristics of the computing power spot market, as well as market regulation, manipulation risks, customer protection, computing power perpetual futures, and other issues, inviting market participants to submit feedback on additional aspects of the computing power market. The comment period will run for 60 days after the relevant notice is published in the Federal Register.

Standard Chartered analyst Geoff Kendrick said Bitcoin could surge to $100,000 by the end of 2026, with its current key technical level at $65,500. A break above this threshold would likely confirm the low of the current cycle has already been set. He added: "Investors should now position for Bitcoin to reach $100,000 by the end of 2026." Beyond Bitcoin's four-year halving cycle, Kendrick also highlighted the U.S. Treasury's latest announcement to at least double the maximum size of certain long-term Treasury liquidity support repurchase operations. The single maximum repurchase amount for nominal coupon-bearing Treasuries with 10-to-20-year and 20-to-30-year maturities will be raised from $2 billion to at least $4 billion, with the expansion plan running from September 9 to November 4. Following the announcement, U.S. long-term Treasury yields fell sharply, easing some of the pressure on financial markets from the earlier bond sell-off. Kendrick called the Treasury's move "exactly the kind of action Bitcoin favors," noting that Bitcoin has historically benefited from government liquidity interventions.

Crypto journalist Eleanor Terrett reported that the head of the U.S. Office of the Comptroller of the Currency (OCC) told attendees at Wyoming’s SALT Conference that approvals for digital asset-related charters have surged eightfold compared to the Biden administration, labeling the previous administration’s attempt to “eliminate risk” as “extremely short-sighted.” The OCC expects to finalize rules tied to the GENIUS Act by November, with adjustments to be made based on feedback from the crypto industry.