Prominent trader Killa remains bullish on Bitcoin, and will look to re-establish long positions in the $80,000 to $82,000 range.

Injective has released a new version of its whitepaper, marking the first full rewrite since the original launch in December 2018. The initial whitepaper centered on a front-running-resistant trading protocol built on Ethereum, while the updated version positions Injective as a Layer 1 blockchain for institutional-grade finance and asset tokenization, covering the full lifecycle of tokenized assets—from issuance and trading to settlement. The whitepaper details a native real-world asset (RWA) tokenization framework that establishes role-based permissions for minting, transferring, receiving, and burning assets. Its iAssets feature leverages stablecoin margin and oracle pricing to offer derivatives tracking external assets, eliminating the need for wrapping or pre-funding. Tokenized assets are traded on a fully on-chain central limit order book (CLOB), with sealed high-frequency batch auctions executed per block to clear at a uniform price, mitigating front-running and transaction-ordering miner extractable value (MEV). Byzantine Fault Tolerant (BFT) consensus delivers deterministic finalization, with block times averaging around 600 milliseconds. The new whitepaper also covers native Ethereum Virtual Machine (EVM) and WebAssembly (WASM) environments sharing a unified state, perpetual contract risk management, and AI agent finance. AI agents can interact with tokenized assets via MCP servers, strategy-constrained signatures, and x402 machine payments denominated in USDC. On-chain protocol revenue will be allocated to regular INJ community buyback programs.

US September the New York Fed’s 1-year inflation expectation comes in at 3.9%, against a consensus estimate of 3.64%, with the prior reading standing at 3.58%.

According to market data from BIT (bit.com), SanDisk and Micron Technology rallied intraday to turn positive. SanDisk’s gain widened to 2.5%, while Micron Technology rose more than 1% after earlier dropping over 3%.

According to Lookonchain monitoring, amid the market downturn, the 39,025 ETH long positions (valued at approximately $99.8 million) held by the address of prominent crypto investor "Big Brother Ma Ji" (Huang Licheng) are nearing liquidation, with a liquidation price of $2501.38.

U.S. Democratic Senator Elizabeth Warren has submitted a series of inquiries to Treasury Secretary Scott Bessent regarding the U.S. Treasury Department’s recent "unprecedented and chaotic" interventions in the U.S. Treasury market. Warren asked Bessent to clarify how the Treasury plans to fund Treasury repurchases by reducing its cash balance, and what measures it will take to lower long-term U.S. Treasury yields. She also questioned whether the Treasury has evaluated the impact of rising long-term U.S. Treasury yields on consumer borrowing costs, including auto loan and mortgage rates.

As the market drops, Machi(@machibigbrother)'s 39,025 $ETH ($99.8M) long is close to liquidation, with a liquidation price of $2,501.38.