Monetary Policy

On September 23, 2026, preliminary U.S. September PMI data released by S&P Global exceeded market expectations across the board, immediately triggering a Chain Reaction across global risk assets. The CME FedWatch tool shows that the probability of the Fed keeping rates unchanged at 3.75%-4.00% at its October meeting is 29.1%, while the probability of a 25-bps rate hike is 70.9%. Meanwhile, according to data from Gate 行情, 比特币 was trading near $84,138 as of September 24 Beijing time, down approxim

The European System of Central Banks (ESCB, comprising the European Central Bank and the national central banks of EU member states) submitted its comments on MiCA to the European Commission on September 22, calling for the removal of the requirement that stablecoin issuers hold 30%–60% of their reserves in commercial banks and recommending the adoption of a “liquidity threshold” instead. The ESCB also called for MiCA’s ban on interest payments to be expanded from “direct interest payments” to i

Bitcoin (BTC) fell from this week’s high on September 24, trading at around $84,340, down approximately 2.2% over 24 hours. According to CoinGlass data, approximately $444 million in long positions were liquidated in the 24 hours through that time, the highest level since September 15. FED Governor Michael Barr hinted that “further policy adjustments may be needed” to curb inflation. $444 Million in Long Liquidations: Timing Connection Between PMI Data and FED Rate-Hike Signals According to Coin

According to Francis Brook, U.S. Deputy Treasury Secretary, stablecoin issuers currently hold approximately $200 billion in U.S. Treasury bills and short-dated securities, and could substantially increase these holdings over the coming years once the GENIUS Act regulatory framework is finalized. Bro

Bitcoin dropped below $84,000 on Wednesday after US business activity data showed unexpected strength. BTC briefly touched approximately $83,878 on some feeds, though prices varied across exchanges with other feeds remaining above $84,000. The decline followed the release of the US flash composite p

According to Citi Research podcast featuring Dirk Willer and Alex Saunders, recently most central banks maintained hawkish stances while Bank of Japan signaled a dovish shift, impacting USDJPY exchange rates. The strategy team noted that Japan's policy pivot formed a key driver for currency market m

Gate News reports that, according to a Gate Research report covering September 14–20, 2026, the Fed raised interest rates by 25 bps during the week, while the U.S. 10-year Treasury yield rose to around 5%, putting broad pressure on risk assets. BTC and ETH weakened at the start of the week before rebounding, outperforming most traditional risk assets over the week. BTC ETF net flows were essentially flat, while ETH ETFs saw net outflows of $141 million. Gate TradFi’s weekly trading volume was ap

The European Central Bank (ECB) announced the launch of a digital euro aimed at banks. The initiative was shared by CryptoTwitter commentator @upbitglobal. The ECB stated the move is part of a strategy to enhance efficiency in financial transactions and includes plans for purchasing tokenized

Bitcoin (BTC) maintains a strong rebound posture, trading at around $86,620 as of September 23. The U.S. Commodity Futures Trading Commission (CFTC) warned that “Mention Market” prediction market contracts carry a high risk of manipulation and may only be offered in limited circumstances. The European Central Bank and EU central banks proposed expanding the MiCA framework to prohibit crypto platforms from offering yields on Stablecoins through indirect methods such as lending and staking, and re

From 13:45 to 14:00 on September 22, 2026 (UTC), BTC edged higher over 15 minutes, with a Return of +0.49%, a price range of 85,878.4–86,363.6 USDT, and an Ampl of 0.56%. The current offer is approximately $86,139, with a 24-hour rise of approximately 0.94%. The market is showing a narrow-range consolidation pattern, with attention increasing somewhat. The core driver of BTC’s moderate rise was that multiple positive factors offset macroeconomic headwinds. The Fed raised interest rates by 25 bps

According to Wintermute's market report, Bitcoin touched $86,000 on September 22, marking an eight-month high as two key catalysts materialized: the Federal Reserve raised interest rates by 25 basis points to 3.75%-4% on September 21, and the CLARITY bill failed to advance in the Senate (49-50

The European Central Bank (ECB) announced Monday it will invest a small portion of its own funds in tokenized public-sector securities, with settlements conducted through Pontes, the Eurosystem's distributed ledger technology-based settlement system launched the same day. The initiative aims to

According to an announcement on Monday (Sept 21), the European Central Bank is preparing to invest a small portion of its own funds in tokenized public-sector securities, with settlements conducted in central bank money through Pontes, the Eurosystem's newly launched settlement system for

On September 22 Beijing time, the international crude oil market continued its decline. According to data from Gate 行情, the latest quote for WTI 原油（CLUSDT） was $91.06 per barrel, down 3.25% over 24 hours, with an intraday low of $90.14, falling below the $91 mark for the first time since September 8; 布伦特原油（BZUSDT） was quoted at $95.65, down 2.15% intraday. Meanwhile, 比特币（BTC） was quoted at $85,458, up 4.8% over 24 hours, with a market capitalization of approximately $1.63 trillion, while market

Bitcoin (BTC) has risen sharply and is currently trading at around $85,650 as of Sept. 22. Elon Musk’s X has partnered with cryptocurrency and stock exchanges to enable trading directly from the timeline. The European Central Bank officially launched the Pontes system, allowing financial institutions to settle tokenized assets on a distributed ledger using central bank money (CBM), replacing Stablecoins as a settlement tool. Macro Events & Crypto Hotspots CoinGape reported that Elon Musk’s X has

From 20:15 to 20:30 on September 21, 2026 (UTC), BTC surged 0.60% in 15 min, rising from 86,719.4 USDT to 87,401.5 USDT, with an amplitude of 0.79%. The interplay between safe-haven sentiment and macro policy expectations drove the price through short-term resistance, sharply increasing market attention. The primary driver of this move was the rapid escalation of the U.S.-Iran military conflict. Iran’s Islamic Revolutionary Guard Corps announced preparations for a “counterattack,” shipping throu

According to the ECB's announcement on Monday, the European Central Bank is preparing to invest a small portion of its own funds in tokenized securities to gain practical experience with distributed ledger technology in financial markets. Initial purchases will focus on euro-denominated securities

According to CoinDesk, the European Central Bank (ECB) plans to invest a portion of its reserve funds in euro-denominated tokenized securities, gaining direct exposure to blockchain-based financial markets. Transactions will be settled in central bank digital currency through the newly established

US stocks rallied on the 18th as the Philadelphia Semiconductor Index jumped 2.78% to 11,921.69 despite rate hikes by the Fed and Bank of Japan. The semiconductor surge, which outpaced the Nasdaq's 0.40% gain, reflects market confidence that AI-driven profit growth will offset high interest rates. T

To assess whether the Fed will raise Interest Rates in October, we must first revisit the underlying data related to its dual mandate. The Fed’s core decision-making has always centered on inflation and employment, and the combination of these two data sets currently presents a classic “dilemma.” On the inflation front, U.S. CPI rose 3.4% year over year in August 2026, while core CPI’s month-over-month increase accelerated to 0.3%, its largest monthly increase since April. The rebound in core in