According to Jin10, Russia's Central Bank Governor Elvira Nabiullina said no rate cut was discussed today.

Bitcoin has dropped over the past 24 hours to trade near $77,000, and what happens next may hinge on whether today's US inflation report can halt the selloff in government bonds.The 10-year Treasury yield sits around 4.94% and the Dollar Index near 99.15. August CPI lands at 8:30 a.m. ET and could determine how much pressure those markets exert on crypto heading into next week's Federal Reserve decision.The Distinction QCP Is DrawingThe concern is that borrowing costs reflect inflation risks rather than stronger growth."This is the worst mix for Bitcoin: a competing 5% risk-free rate without the nominal-growth impulse that usually accompanies yield moves," trading firm QCP said in its latest note.That framing is the sharpest statement of the problem available this week. Rising yields normally arrive alongside an expanding economy, and the growth that produces them also lifts risk assets. Both effects run at once, and the net result depends on which dominates.What is happening now removes one side of that equation. Yields are climbing on an energy shock and fiscal deterioration, not on output. Bitcoin gets the competing risk-free rate without the offsetting growth impulse.Brent crude's climb as high as $109 a barrel adds to the difficulty of bringing inflation down — a level reached after Saudi Arabia told OPEC its crude production fell to 6.238 million barrels per day, the lowest since 1990.The Odds Vary Widely by VenueEconomists estimate core consumer prices, which exclude food and energy, rose 0.2% from July.QCP put the probability of a Fed increase next week at roughly two-thirds, nearly in line with prediction markets at 61% on Polymarket. CME FedWatch showed 76% on Thursday.That spread between 61% and 76% is itself informative. A 15-point gap across venues on a binary event three business days out indicates genuine disagreement rather than settled pricing — and it means a print in either direction has room to move the number substantially.The two-year Treasury yield reached 4.50% on Thursday, nearly 100 basis points above the fed funds target range of 3.50%-3.75%, suggesting the bond market is positioned for more than a single move regardless of what the prediction markets show for September alone.The Asymmetry Around the PrintA softer inflation reading could reduce rate-rise expectations and give Bitcoin room to recover. An upside surprise would risk another leg higher in yields ahead of the Fed meeting.Thursday offered a preview of how that asymmetry is currently skewed. Core PPI came in at 0.2% against 0.3% expected — market strategist James Thorne noted the actual figure was 0.162%, the second-lowest core reading in a year — and the bond market ignored it entirely, with the 10-year rising 11.4 basis points anyway.Headline PPI told the other story at 0.4% month-over-month against 0.1% in July, with the year-over-year figure at 5.4%.A market that dismisses a soft core print while selling off on an energy-driven headline has effectively decided which measure it is trading. That raises the bar for what counts as soft enough today.Weekend Liquidity Amplifies Whatever FollowsThe timing compounds the risk in both directions.Once US markets close, spot Bitcoin ETF trading pauses until Monday, as does most institutional activity. That leaves crypto markets to absorb fresh geopolitical headlines or any other shock with materially thinner liquidity than a weekday session provides.The geopolitical calendar makes that more than theoretical. US Central Command destroyed five Iranian oil tankers earlier in the week, Tehran struck American bases in Jordan, and Iran has said it is prepared for a more intense war while signalling a restricted zone outside the Strait of Hormuz.Any escalation over the weekend meets a market with no ETF bid and reduced desk coverage.The Levels Into the PrintBitcoin at $77,077 sits at the floor of the zone Bitfinex identified as where a squeeze ran into a defined population of sellers, with spot demand absorbing overhead supply between $77,100 and $80,000.Above it, Glassnode data shows nearly 8% of Bitcoin's supply was acquired between $80,000 and $82,000 — the largest concentration at any comparable range — with the US spot ETF cohort's average cost basis in the same band and the 50-week moving average at $81,081.Bitcoin's golden cross confirmed Tuesday after a run from $62,000 to $82,000, and price has fallen since. Four prior crossovers since 2021 produced the same sequence.The Clarity Act cloture vote falls September 15 and the Fed decides September 16. Today's print is the last data input before both.

Apple delisted Pump Fun's iPhone app in several countries one day after Pump Fun launched Custom Pairs. According to NS3.AI, Custom Pairs allows users to launch memecoins quoted against tokenized stocks. Pump Fun said the app was temporarily unavailable in the U.S. and India iOS App Stores. Apple has not commented, and the delisting may be permanent.

Allianz SE and Zurich Insurance Group AG said they have no material exposure to iron ore trader Radiant World, according to Bloomberg. Both insurers had written policies covering transactions tied to Radiant World.

According to Jin10, the Houthi offensive along Yemen's Red Sea coast this week was directly guided by Iran's Revolutionary Guards, which sought to open a new front in the war between Iran and the United States. Yemeni government, Iranian, and regional sources said the Houthis strengthened their control over the Bab el-Mandeb Strait by seizing the southwestern port city of Mocha, further tightening global energy supplies after Iran blocked the Strait of Hormuz. Two Iranian sources said Iran told the Houthis last week to escalate attacks on Saudi Arabia and promised more funding, weapons, and senior officers to help. Although Iran describes the Houthis as allies, it has publicly denied providing them with military guidance and said they are "not proxies." A regional diplomat briefed by Tehran said several senior Revolutionary Guards commanders had traveled to Yemen after weeks of discussions on military strategy to oversee and direct Houthi attacks on Saudi Arabia.

According to Jin10, China Securities Regulatory Commission (CSRC) website information showed that on September 11, E Fund, GF Fund, Bosera Fund, Southern Asset Management, Fullgoal Fund, and Yongying Fund submitted application materials for the CSI Shanghai-Shenzhen-Hong Kong Smart Driving Theme ETF, and the applications have been accepted by the CSRC. Public information showed that the CSI Shanghai-Shenzhen-Hong Kong Smart Driving Theme Index mainly reflects the overall performance of securities of listed smart driving companies in mainland China and Hong Kong, and its top 10 holdings include Xiaomi Group, VeriSilicon, Will Semiconductor, Li Auto, XPeng, Sunny Optical Technology, and SmartSens Technology.

Tim Draper said Bitcoin could reach $250,000 within two years in an interview with Coinage on Sept. 10. According to NS3.AI, Draper said wider retail acceptance could encourage consumers to move savings from dollars into BTC. He also said AI and blockchain-based smart contracts may make Bitcoin easier to use.

Bitcoin formed a golden cross earlier this week, the technical signal that occurs when the 50-day moving average rises above the 200-day and is conventionally treated as a precursor to a bullish rally. Historically, it has not worked that way. Bitcoin has tended to generate much of its return in the lead-up to the crossover, then pull back shortly after the signal appears. The latest occurrence fits the pattern. Bitcoin climbed from $62,000 to $82,000 ahead of the cross, which formed at the start of the week, and has since fallen from around $80,000 to $77,000. Four Prior Instances, Four Pullbacks The record across recent cycles is consistent. In 2021, Bitcoin climbed from $35,000 in July to around $52,000 in September — a gain of roughly 49%. The golden cross formed, and price subsequently dropped to around $40,000. At the start of 2023, Bitcoin rallied from $16,000 to $23,000, creating a golden cross in February. It then retreated to around $20,000 in March. October 2024 repeated it. Bitcoin advanced from $54,000 to $70,000 ahead of the crossover before slipping to around $67,000 heading into November. Most recently, Bitcoin bottomed near $76,000 in April 2025 and rallied to approximately $110,000 in May. After the golden cross formed, it pulled back to around $100,000 in June. In each case the pre-cross advance ran between roughly 30% and 49%. In each case the post-cross move was lower. The Lag Is Built Into the Arithmetic This is a mechanical property of the indicator rather than a coincidence. Moving averages are computed from past closing prices. A 50-day average only rises above a 200-day average after enough strong closes have accumulated to drag it there — which means the price move producing the signal has already happened by the time the signal appears. Treating a golden cross as an entry trigger therefore inverts the causation. What it confirms is that a trend has established itself, which has value for conviction and position sizing, but the confirmation arrives late by construction. The same logic applies in reverse to the pullbacks. A market that has run 30% to 49% into a crossover is extended, and extended markets consolidate. The indicator is not causing the pullback — it is arriving at the point where one becomes likely. Two Analyses of the Same Signal Reached Opposite Conclusions FxPro analysts took a different view of this week's crossover. They acknowledged that similar signals in October 2024 and May 2025 produced nothing, but argued the current instance differs in context — following a prolonged bull market rather than appearing inside a correction. "The current situation bears a closer resemblance to what we saw in 2019," they wrote, pointing to a 90% rally in under two months after that signal. That leaves the historical record at four documented pullbacks against one cited exception. The disagreement is not about what happened in 2021, 2023, 2024 or 2025 — both readings agree those signals failed. It is about whether 2026 resembles those years or 2019. Bitcoin falling from $80,000 to $77,000 since the cross confirmed is, so far, consistent with the four rather than the one. The Macro Backdrop Is Doing the Work The current pullback has causes unrelated to the indicator. WTI topped $100 and Brent cleared $105 after Saudi Arabia told OPEC its crude production fell to 6.238 million barrels per day, the lowest since 1990. The 10-year Treasury yield reached 4.92% and the two-year 4.50% — nearly 100 basis points above the fed funds target. September hike odds rose to 76%. Core PPI came in softer than expected at 0.2% against 0.3% forecast and did nothing to slow the bond selloff. Whether the cross resembles 2019 or the four failures depends on whether that backdrop turns, not on the moving averages themselves. The Levels That Matter Now Bitcoin trades at $77,003 after reaching $82,000 before the crossover. Glassnode data shows nearly 8% of Bitcoin's supply was acquired between $80,000 and $82,000 — the largest concentration at any comparable range — with the US spot ETF cohort's average cost basis in the same band and the 50-week moving average at $81,081. The Bitfinex analyst team had described the setup as a squeeze running into a defined population of sellers, with spot demand absorbing overhead supply between $77,100 and $80,000. Bitcoin now sits at the lower edge of that zone. CPI arrives Friday, the Clarity Act cloture vote September 15 and the Fed decision September 16.

一位曾在 OpenAI 和 Anthropic 两家头部实验室工作过的研究员宣布辞职，他的告别帖里没有感谢，只有一句警告。

由华尔街传统巨头主导、加密交易所深度参与的"股票代币化竞赛"，或许才刚刚拉开序幕

即使没有CLARITY法案，美国在稳定币、代币发行、代币化证券和永续期货等领域的监管框架也日趋清晰

本文揭露了以「反洗钱（AML）审查」为幌子的新型诈骗。

富国银行指出了一个真实风险，却给出了一个对银行最有利的解释。

头部交易所陆续开始用真金白银把自己和加密交易所已经攒下来的用户与渠道绑在一起。

星展银行（DBS）和花旗银行（Citi）利用SWIFT的数字账本，通过代币化存款完成了新加坡与美国之间的一笔周末美元支付，整个交易仅耗时几分钟。

萨姆·班克曼-弗里德正将围绕FTX崩盘案的诉讼诉至美国最高法院，请求大法官们推翻对其欺诈罪的定罪，下令重审，并撤销一项价值110亿美元的没收令——这笔款项本可用于赔偿其犯罪行为的受害者。

一个小数点之差或直接决定美联储下周是否加息：核心 CPI 环比 0.2% 意味着按兵不动，0.3% 则触发加息。

在以社交功能为核心的尝试未能达到预期效果后，Coinbase 将“Base App”更名为“Coinbase Wallet”。该钱包目前专注于多链交易，包括永续期货、预测市场和代币化股票，同时仍保持用户自主托管模式。