Celestia's liquidity staking protocol, MilkyWay, announced on the X platform that the third phase of the Massdrop airdrop is now open for applications. The Massdrop comprises 100 million MILK tokens (10.00% of the total supply): distributed to early adopters, including mPoint holders, Moolitia NFT holders, and milkINIT testers, released in four phases.

According to Coinglass data, $130 million in positions were liquidated across the network in the past 4 hours, including $104 million in long positions and $25.9974 million in short positions.

OKX market data shows that BTC has fallen below 111,000 USDT, currently trading at 110,998 USDT, a 24-hour drop of 3.32%. (This news item was generated with AI assistance.)

Bank of America, Goldman Sachs, and JPMorgan Chase released their previews of the Federal Reserve meeting, including: 1. Bank of America's view on Powell and the Fed meeting: Due to limited official data and the mismatch between labor market and consumer data, Powell is unlikely to provide further economic guidance after this meeting. The statement may indicate a "robust" rebound in economic activity. Possible objections: hawkish objections from Milan (suggesting a 50 basis point rate cut) or Goolsby/Schmid. Quantitative tightening will end immediately. Powell's press conference may focus on the discrepancy between consumer and labor market data, and market reaction will depend on his interpretation of the strong consumer performance. Expected future rate cuts: October, June, September, and December 2026. 2. Goldman Sachs' comment on the Federal Open Market Committee: The market's focus may be on how close the Federal Open Market Committee (FOMC) is to its own policy, with quantitative tightening (QT) being crucial. This meeting is very likely to end quantitative tightening. Future rate cut plan: 25 basis point cuts each in October and December, followed by two more cuts in 2026, with a target interest rate range of 3% to 3.25%. 3. JPMorgan Chase on the Federal Open Market Committee: The market widely expects a rate cut, and even hawkish Fed officials have not disputed market expectations. The statement is expected to remain largely unchanged—economic activity remains robust, but job growth is slowing and inflation remains high. Milan may oppose a 50 basis point rate cut; quantitative tightening will end immediately. Powell will define the easing policy as risk management and will not provide guidance on the policy direction in December. Future rate cut plan: 25 basis point cuts each in October, December, and January.

In an interview with CNBC, Strategy founder Michael Saylor gave his latest Bitcoin price prediction: $150,000 by the end of the year, with a target of $1 million over the next 4 to 8 years. (Bitcoin Magazine)

According to the latest announcement from the Norwegian Tax Authority, over 73,000 people declared cryptocurrency holdings in 2024, totaling over $4 billion, representing a year-on-year increase of approximately 30%. Nina Schanke Funnemark, Tax Director of the Norwegian Tax Authority, stated that several measures implemented in recent years have been effective, with more people declaring their crypto assets as required to ensure tax accuracy. Data shows that approximately $550 million of the declared assets were gains, while $290 million were losses. Norway plans to require exchanges and custodians to report their crypto holdings through third parties starting in 2026.

According to Whale Alert monitoring, around 06:13 Beijing time today, 1,622,960 LINK (worth approximately US$28,883,445) was transferred from an unknown wallet to Coinbase.

Coinbase has expanded its partnership with institutional staking provider Figment, allowing Coinbase Prime customers to stake multiple PoS assets, including Solana, Avalanche, Sui, and Aptos, directly through Coinbase Custody. Previously limited to Ethereum, this partnership has facilitated over $2 billion in staking since its inception in 2023. Coinbase Prime offers trading, financing, and custody services for institutional investors across over 440 digital assets. Figment manages $18 billion in staked assets across over 40 protocols. This move comes amid the launch of several staking ETFs in the US, such as the Bitwise Solana Staking ETF (BSOL), and is expected to further expand institutional staking activity following the SEC's determination that some liquid staking does not constitute securities transactions.

Several crypto-related Super PACs (PACs) in the United States are preparing for the 2026 midterm elections and have raised approximately $263 million. This is nearly double the amount raised by Fairshake, the largest committee in 2024, and slightly more than the entire oil and gas industry's spending during the same period. The data also shows that the industry continues to expand its influence by promoting legislation and appointing friendly regulators.

According to CME's "Fed Watch," there's a 99.5% probability that the Fed will cut interest rates by 25 basis points in October, and a 0.5% probability that they'll keep rates unchanged. The probability of a cumulative 50 basis point rate cut by December is 91.6%.

Slothana, a new meme coin on Solana, has raised over $10 million in its presale and aims for a $420 million market cap, reminiscent of BONK's success. With a humorous sloth mascot and strong social media presence, Slothana seeks to ride the wave of meme coin mania, potentially replicating BONK's explosive rise in the crypto market.