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We provide real-time cryptocurrency investment updates around the clock from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. From 3:00 p.m. UTC on Saturday to 10:00 p.m. UTC on Sunday, investment updates are provided only when major issues arise. Note: Overseas economic breaking news on the CoinNess Live app and CoinNess web service remains available continuously.

The U.S. and China have agreed to reduce tariffs on $30 billion worth of goods each and begin regular talks on AI, Cointelegraph reported. The two countries also plan to set up a hotline to respond to AI-related incidents.

Payward, Kraken’s parent company, has spent billions of dollars on acquisitions and investments over the past two years as it pushes a strategy to move beyond an exchange and integrate trading, banking, asset management, and institutional services into a single financial infrastructure platform, CoinDesk reported. The company is expanding across four business pillars: the Kraken exchange, banking, asset management, and its B2B infrastructure unit, Payward Services. To enter the U.S. derivatives market, Payward acquired NinjaTrader for $1.5 billion, and this year it bought Bitnomial, which owns a derivatives exchange and clearinghouse, for $550 million. In Europe, the company is also pursuing a bank acquisition. Payward is also strengthening partnerships with financial institutions in tokenization. Nasdaq invested $100 million in Payward and expanded cooperation on stock tokens and market surveillance technology, according to CoinDesk. The two sides are targeting the second quarter of 2027 for the launch of stock tokens. The London Stock Exchange is also reviewing a stock-token business with Payward.

Crypto influencer and former FTX community partner Benson Sun said the current Bitcoin market cycle may show a gradual bullish trend with successive record highs, rather than the kind of sharp surge and clear peak seen in 2013 and 2017. Sun said Bitcoin’s main buyers have shifted since 2021 from retail investors to institutions such as listed companies, spot ETFs, and corporations. As those institutions mainly buy spot holdings and some use delta-neutral strategies, Sun said traditional indicators such as funding rates and the MVRV Z-Score may not rise to extreme levels even at this cycle’s peak. Sun added the top in this cycle is more likely to emerge when additional institutional inflows begin to weaken, rather than when retail investor sentiment overheats.

Bloomberg senior analyst Mike McGlone said Bitcoin’s relative investment appeal could weaken if the U.S. 10-year Treasury yield rises to around 5% while stock market valuations remain elevated. McGlone’s analysis focused on how the rate and Bitcoin price backdrop has changed sharply since 2021. Unlike 2021, when the U.S. 10-year yield was around 0.5% and Bitcoin was under $10,000, both the benchmark yield and Bitcoin’s price are now about 10 times higher, suggesting investment flows could move in the opposite direction from that period. McGlone added that a comparison of the year-end ratio between U.S. stock market capitalization and public debt since 2001 shows the ratio fell to about 1.2 times in 2018 and 2022, when Bitcoin dropped about 70%. The ratio now stands at about 2.1 times. He said a gradual decline in stocks could become a factor that pressures both Bitcoin and interest rates at the same time. If stock prices and Treasury yields remain high instead, Bitcoin could lose relative appeal as a speculative asset as it competes with many other cryptocurrencies while offering neither cash flow nor interest income.

According to CoinNess market monitoring, BTC has fallen below $84,000. BTC is trading at $83,990 on the Binance USDT market.

A Bitget hacker moved about $83 million worth of stolen XRP to another wallet, CoinDesk reported. Roughly 54 million XRP has now left the original five wallets.

Binance founder Zhao Changpeng, better known as CZ, said on the 'When Shift Happens' podcast that his social media posts do not have enough influence to move prices across the broader cryptocurrency market. CZ said he has maintained a bullish view on Bitcoin for a long time, and because he posts five to 10 times a day, messages published just ahead of positive market news may simply be coincidental. He added that if he had known market-moving information in advance, he would not have posted about it, stressing that any overlap between his posts and subsequent market gains was only a matter of timing.

U.S. spot Solana ETFs recorded about $80 million to $87 million in net inflows on Sept. 25, the largest daily total on record, Crypto Briefing reported. The figure was more than double the previous high of $33.5 million, while weekly net inflows reached about $181 million.

XRP whales accumulated more than 470 million XRP over the past five days, worth about $724 million, CryptoPotato reported. Amid the accumulation, Ripple unveiled a smart contract developed with Securitize that lets investors in BlackRock’s BUIDL and VanEck’s VBILL tokenized short-term Treasury funds instantly swap their holdings for Ripple’s stablecoin RLUSD. Securitize said it also plans to integrate with the XRP Ledger, or XRPL, to broaden the use of tokenized assets and the ecosystem.

An early AAVE whale sold 30,000 AAVE at an average price of $147 over the past two days, for a total of $4.41 million, Lookonchain reported.

Bitcoin has entered a new bull cycle after holding the $60,000 level under a Power Law model, with a $300,000 target for 2029, Fidelity director of global macro Jurrien Timmer said. A power law refers to a functional relationship in which one variable changes in proportion to, or declines as a power of, another variable.

Veteran trader Peter Brandt said XRP’s low fees are notable, but its usefulness for transactions alone does not justify a high market valuation. In a recent Cointelegraph interview, Brandt distinguished Bitcoin as a store-of-value asset and XRP as a transaction-focused cryptocurrency. While Brandt said XRP can be used for efficient, low-cost transfers, he argued that utility as a medium of exchange does not necessarily lead people to hold the asset over the long term, citing the dollar as an example. Brandt added that cryptocurrencies should be evaluated by function, separating transaction assets, store-of-value assets, and platforms such as Ethereum. He did not provide a specific price target for XRP in the interview.

Kazakhstan is moving to let cryptocurrency mining companies run their own power plants using surplus associated gas produced at oil fields, Euronews reported. Under the plan, miners would secure cheap and stable electricity, while oil producers would earn revenue by selling gas that had previously been flared. Kazakhstan had restricted miners' electricity use after power shortages and blackouts followed the 2021 mining boom, but shifted course last year toward incentive policies aimed at reviving the legal mining industry. Associated gas is currently being flared at around 40 to 60 oil fields, and the Energy Ministry and the Ministry of AI and Digital Development are in talks on establishing a legal framework.

Circle’s public chain Arc, now in its 10th day since launch, has reached $494 million in DeFi total value locked, up 44.52% from a week earlier, Odaily reported. Its 24-hour DEX trading volume stood at $55 million.

The spot CVD chart is an order-book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or moves sharply. Brighter zones may act as support or resistance. - The CVD indicator shows buy and sell orders by order size. As buy orders increase, the corresponding colored line rises. The yellow line reflects orders between $100 and $1,000, while the brown line is based on large orders between $1 million and $10 million.

Ethena said it will fully end token incentive payouts tied to the growth of its USDe stablecoin at the end of this month. The move means inflation linked to new token issuance for USDe-related incentives is also set to disappear. According to Ethena, token incentives related to USDe growth have fallen by about 85% since the first airdrop in 2024 through this year.

Whale Alert reported that 2,400 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $202 million.

CryptoQuant analyst Axel Adler Jr. said Bitcoin’s adjusted MVRV indicator has broken above 1.0, a threshold that marks entry into a bull market. The indicator moved above 1.0 on Sept. 20, when BTC was priced at $80,691, marking the sixth such case since 2012 in which an early bull phase shifted into a full-fledged bull market. Adler explained that the adjusted MVRV compares the 30-day moving average with the 365-day moving average to assess market trends. After the short-term moving average crossed above the long-term moving average on Aug. 20, signaling an early bull phase, a bull market entry signal appeared on Sept. 20. The indicator now stands at 1.018, while BTC is priced at $84,156. Adler said the bull market structure remains valid as long as the indicator stays above 1.0.

The U.S. Commodity Futures Trading Commission said it has sued Cash FX Group and three related individuals over an alleged $950 million forex investment fraud. The CFTC alleged the defendants ran a crypto-linked multilevel Ponzi scheme and promised investors weekly returns of up to 15%. According to the CFTC, the defendants promoted the investment program as being managed by professional traders using proprietary algorithms and artificial intelligence, but actual forex trading was extremely limited. The agency also alleged they misappropriated most investor funds and used money from new investors to pay fictitious profits to existing investors. The CFTC estimated victim losses at no less than $406 million.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 48.84% long, 51.16% short - Binance: 48.28% long, 51.72% short - OKX: 49.11% long, 50.89% short - Bybit: 49.70% long, 50.30% short

Bitdeer mined a total of 288.4 BTC this week and sold all 288.4 BTC on the market during the same period, leaving its net Bitcoin position increase at 0 BTC. The company reduced its BTC holdings to zero as of Feb. 20 and has since continued to convert all newly mined Bitcoin into cash.

Bitget said it will resume withdrawal services in stages from Sept. 28 after fixing vulnerabilities and carrying out additional security checks following a security incident on Sept. 25. External security firms Mandiant and SlowMist are supporting the investigation. The exchange said withdrawals are scheduled to resume at 8:00 a.m. UTC on Sept. 28 for BTC, at 8:00 a.m. UTC on Sept. 29 for ETH, and at 8:00 a.m. UTC on Sept. 30 for USDT. Withdrawals for other tokens, fiat currencies, and P2P will resume at 8:00 a.m. UTC on Oct. 2, provided additional security inspections are completed. Bitget said it has already taken steps to prevent any further unauthorized asset transfers and user account balances were not affected. Financial losses from the incident will be covered by its user protection fund, while trading and deposit services are operating normally.

U.S. SEC Commissioner Hester Peirce, known for her crypto-friendly stance and nicknamed 'Crypto Mom,' will step down on Oct. 2, crypto journalist Eleanor Terrett reported. After nearly nine years at the SEC, Peirce is set to join Regent University School of Law as an associate professor in November.

Morgan Stanley has withdrawn its previous weak-dollar outlook and now expects dollar strength to continue through mid-2027, BlockBeats reported. The bank expects the U.S. Dollar Index to rise to 104 from around 101, while the euro-dollar exchange rate falls to $1.10 from about $1.14. Morgan Stanley said expectations for additional Federal Reserve rate hikes, a resilient U.S. economy and elevated energy prices would support the U.S. rate advantage. It expects 25-basis-point hikes in December and March, followed by the benchmark rate holding at 4.25%-4.5% through the end of 2027. Morgan Stanley added that high U.S. Treasury yields are weighing on global risk appetite, while Europe’s political uncertainty, including France’s 2027 presidential election, could further weaken the euro and strengthen the dollar.