CZ: The overlap between the tweet content and the meme is purely coincidental and not an endorsement

On October 9th, according to Reuters, the cryptocurrency exchange Gemini has established a branch in Australia with the aim of expanding into the local market. It will provide digital asset trading services to meet the increasing demand. Gemini declared that its operations in Australia, named Gemini Intergalactic Australia, will officially commence cryptocurrency trading services after completing the registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). Previously, Australian customers could access the Gemini platform, but the services were still offered through the company's global branches.

On October 9th, as per on-chain analyst Ai Yi (@ai_9684xtpa), a particular trader has sustained a realized loss of $1.372 million within the past 24 hours while placing bets on Chinese Meme coins. After a period of five months of inactivity, the trader's address suddenly entered the "buying mode" last night: it spent $4.493 million to make significant purchases of Binance Life / Customer Service Xiaohe / PUP / Hakimi. The position in Binance Life reached as high as $3.31 million and is currently all in an unrealized loss and has not been sold.

On October 9th, according to HTX market data, Bitcoin dropped to reach $122,000. It is now trading at $122,072, with a 24-hour decline of 0.04%.

October 9th — As per Cointelegraph, Bryan Steil, a U.S. Wisconsin Congressman and one of the original co-sponsors of the House's crypto market structure bill called the CLARITY Act, indicated that despite the government shutdown, the Republicans still intend to pass the bill by 2026. Steil mentioned in an interview that the Republican legislative plan is progressing as planned, aiming to bring regulatory clarity to the digital industry. Senate party leaders have promised to have the Senate version of the bill signed into law by 2026. However, with the U.S. government shutdown now in its eighth day, the industry has voiced concerns regarding the legislative process.

On October 9th, according to Blockworks, the Solana-powered edge data intelligence network 375ai has successfully completed a $5 million funding round. The lead investors are Delphi Ventures, Strobe Capital, and HackVC. Participating investors include 6MV, ARCA, EV3, Peaq, and Heartcore. 375ai's CEO, Harry Dewhirst, stated that the project collects real-world data by monitoring vehicles in locations like Los Angeles in order to better understand consumer behavior. Dewhirst mentioned that the DePIN project is also being promoted in New York and Miami, and the team plans to enter the international market next year.

On October 9th, as reported by Bloomberg, North Dakota is set to follow Wyoming's lead and become the second state in the US to issue a stablecoin. This stablecoin will initially be employed for interbank transactions, while the US financial system is also conducting more extensive experiments with the application of digital tokens. The token is named "Roughrider Coin", which is derived from the US volunteer cavalry led by Theodore Roosevelt during the Spanish-American War. It is anticipated that the coin will be launched next year by the Bank of North Dakota, the only state-owned bank in the nation. The Bank of North Dakota collaborates with over 80 community banks and credit unions across the state to facilitate agricultural lending.