Tether Treasury Deposits 500 Million USDT into Binance

On Tuesday, September 17th, driven by the weakening of the US dollar and the market's clear anticipation of a Fed rate cut, the price of gold once surged and broke through $3700 per ounce, reaching a historical high. Exness strategist Eric Chia stated, "If the Fed's policy guidance fails to meet the market's expectations for a dovish stance, gold may face short-term selling pressure. Nevertheless, as long as the Fed confirms multiple rate cuts, it will provide support for the upward trend of gold prices and potentially drive it to reach a new all-time high." In addition, continuous gold purchases by central banks, the inflow of gold ETF (Exchange-Traded Fund) funds, and the escalating geopolitical tensions have increased the market's demand for safe-haven and inflation-hedging assets, all of which have jointly supported this rise in gold prices. (Jin10)

On September 17th, Movement Labs has undergone a formal transformation into an L1 blockchain in order to enhance performance, support native staking, and launch Move 2.0.

On September 17th, based on HTX market data, Bitcoin witnessed a short-term spike reaching $116,000 and is now pulling back to $115,800, with a 24-hour percentage change of 0.98%.

On September 16th, based on official figures, since it was listed on Binance Alpha, STBL has witnessed a surge of more than 550%, and its market capitalization is $87 million. The current on-chain holder count has reached 3,275, with the fully diluted value (FDV) standing at $1.813 billion.

On September 16th, as monitored by Onchain Lens, in the past two days, a newly established wallet address withdrew 900.34 Bitcoins from OKX, with an approximate value of $103.62 million. Address: bc1pca7qy0xggqxd8wzergq2rf68zg9we6e0x9hda7zzzqwccd0jeh0q7r62np.

On September 16th, the Bitcoin mining firm American Bitcoin owned by the Trump family ($ABTC) has now rung the bell to mark its listing on Nasdaq. Previously reported by BlockBeats that on September 3rd, the Bitcoin mining firm American Bitcoin owned by the Trump family applied to raise up to $2.1 billion through a market price issuance. American Bitcoin, which is set to be listed this Wednesday, will officially make its debut on the Nasdaq Stock Exchange after completing its merger with Gryphon Digital Mining. After the merger, Donald Trump Jr, Eric Trump, and the mining firm Hut 8 will jointly own 98% of the shares of the new entity. The new entity will retain the name American Bitcoin and trade under the stock symbol ABTC.