USDT/CNY rebounded and broke through 7.05 on Monday. China's central bank cut interest rates again, ending the USDT depreciation cycle and easing the panic of the Federal Reserve starting easing.
MiyukiThe parent company of the US crypto-friendly bank Silvergate filed for bankruptcy on September 19. The bank’s executives revealed that the key reason for the collapse was the Federal Reserve’s sudden shift in regulatory policy.
WeiliangNervos Network (CKB) has seen a price increase of over 13% recently, driven by strong community support and trading volume, while its price has surged nearly 50% in the past month. Meanwhile, a new competitor, Mpeppe (MPEPE), is gaining attention in the cryptocurrency space, offering an AI-powered casino experience and attracting significant investor interest, with over $3 million raised in its presale.
WeatherlyA brand's value is defined by its virality and cultural relevance, as seen with meme coins. Discussions at TOKEN2049 highlighted that these digital assets depend on community engagement and cultural momentum, making brand identity essential for success.
CatherineHamster Kombat banned over 2.3 million players for cheating, sparking outrage among the community, especially those who had invested months into the game. Despite introducing an “Interlude Season” to offer extra rewards, tensions remain high, and the game’s token has seen a sharp drop in value.
WeatherlyThe official @OpenAINewsroom account on X was hacked on September 23, promoting a fake cryptocurrency called $OPENAI. The scam led users to a counterfeit website that prompted them to connect their wallets, risking financial loss.
AnaisSam Altman, CEO of OpenAI, believes superintelligence could emerge in just a few years, significantly advancing technology and human capabilities. He remains confident that AI will bring prosperity and creativity, despite concerns about job displacement.
AnaisAfter the Federal Reserve decided to cut interest rates by 50 basis points in September, Bitcoin once surged to $64,000. According to US media, during the price increase, details of the meeting between Musk and Salvadoran President Bukele were exposed, and they talked about the future of mankind.
AlexBitcoin fell back from its high of $64,741 at the beginning of the week to around $63,000. Market analysis pointed out that BlackRock's new withdrawal policy has triggered panic among traders.
MiyukiExperts at TOKEN2049 agreed that Singapore’s progressive initiatives, such as the digital token payment guide, support industry growth. As a leading financial and fintech hub, Singapore prioritises incentives for companies, reinforcing its reputation for stability as a Web3 leader.
Catherine
