BBX: Soaring $2.8 billion in a single day! Metaplanet raises 1.38 billion yuan, leading the way, with BNB and DOGE receiving institutional heavy positions allocation

[Greeks.live: Market Has Priced in Fed's September Rate Cut Expectations] Greeks.live macro researcher stated that the implied volatility in the options market has remained stable recently, indicating that the market has priced in the expectation of a 25-basis-point rate cut by the Federal Reserve in September. Block trading volume has risen significantly in recent times, with a high proportion of trades occurring within the current month, suggesting considerable short-term market divergence, though overall volatility expectations remain limited. Overall, the market is more optimistic about the outlook for the fourth quarter.

The Hong Kong Monetary Authority (HKMA) has issued a revised regulatory policy manual, clarifying the classification of crypto assets under the Basel capital rules. It plans to fully implement the Basel framework by revising capital, disclosure, and large exposure rules starting January 1, 2026. The manual categorizes crypto assets into two types: the first category includes tokens linked to traditional assets and stablecoins with effective stabilization mechanisms, which will receive regulatory treatment similar to traditional assets; the second category covers unsecured tokens (such as Bitcoin and Ethereum) as well as non-qualifying tokenized assets and stablecoins, which will face stricter capital requirements. Stablecoins licensed under Hong Kong's "Stablecoin Ordinance" are considered lower-risk assets. The industry may submit feedback by October 10.

[Citibank: South Korea's $350 Billion Investment in the U.S. May Increase Pressure on the Korean Won] According to a report by Jinse Finance, Citibank analyst Jin-Wook Kim stated that South Korea's commitment to invest $350 billion in the United States could put pressure on the Korean won. Due to lessons learned from the 1997-1998 financial crisis, South Korea is unlikely to tap into its $416 billion in foreign exchange reserves. As a result, public institutions may need to raise $20 billion to $30 billion in foreign currency annually. The remaining $86 billion to $96 billion in financing may have to rely on the bond market. Large-scale bond issuance could drive up financing costs and exert pressure on the Korean won. Even if private enterprises share part of the financing burden, the reduced proportion of dollar export revenues converted into Korean won due to U.S. investments could still pose a depreciation risk. Citibank expects South Korea to request the U.S. to provide solutions for potential foreign exchange shocks and seek to extend the timeline for the investment commitment. (Jin10)

[Avalanche Foundation Plans to Raise $1 Billion to Support Cryptocurrency Treasury Companies] BlockBeats News, September 11, according to the Financial Times, the Avalanche Foundation is planning to raise approximately $1 billion by establishing two cryptocurrency treasury companies in the United States. The foundation has engaged in in-depth discussions with investors about setting up a new digital asset treasury company and transforming an existing Nasdaq-listed company into a treasury company. The funds raised will be used to purchase a large amount of AVAX tokens from the Avalanche Foundation at a discounted price. The first project, led by Hivemind Capital, aims to raise up to $500 million within a Nasdaq-listed company, with crypto investor and former White House Press Secretary Anthony Scaramucci serving as an advisor. The second project, initiated by Dragonfly Capital, involves launching a SPAC with the same $500 million target.

According to AiCoin monitoring, the net inflow of US spot BTC ETF reached $742 million yesterday, the highest daily net inflow since July 30th. Among them, FBTC had the largest inflow of funds, reaching 299 million US dollars; Next is IBIT, with an inflow of $211 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only