Monetary Policy

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

On September 16, 2026, the Fed raised the federal funds rate by 25 bps to 3.75%–4.00% in a 12–0 vote, marking the first rate hike since July 2023. The dot plot showed that 16 of the 18 committee members expected at least one more rate hike before year-end. However, the decision itself did not trigger sharp volatility. CME FedWatch data showed that the market had already priced in a 92% probability of a 25-bps rate hike before the decision was announced, meaning that the price impact had largely

Bitcoin recovered to $81,560 (approximately 112.8 million won) as of 2 PM Korea time on the 21st, rebounding from a drop to $74,000 within one week, according to crypto market data site CoinMarketCap. The recovery was driven by US financial regulators signaling regulatory easing and institutional

U.S. Treasury Secretary Scott Bessent said on Sept. 20 that the dollar still accounts for 89.2% of one side of global foreign-exchange transactions, foreign investors continue to hold substantial amounts of U.S. assets, major stablecoins are also denominated in dollars, and existing data do not support the claim that capital is fleeing the United States. He also explained that the Treasury’s buybacks of U.S. Treasuries are intended to increase market liquidity and manage the debt maturity struct

Bitcoin (BTC) continued its weekend rebound, trading at around $81,880 on September 21. U.S. Senator Cynthia Lummis revealed that the CLARITY Act required crypto projects that raised more than $25 million from the public to undergo audits. The Central Bank of Russia proposed setting banks’ crypto exposure cap at 1% of their own capital. Macro Events & Crypto Market Highlights U.S. Senator Cynthia Lummis posted that Democrats had previously required crypto projects that raised more than $25 milli

From 00:00 to 00:15 on September 21, 2026 (UTC), BTC edged higher over the 15-minute period, with a Return % of +0.60%, a price range of 81172.6–81711.0 USDT, and an amplitude of 0.66%. The overall market remained in a low-volatility state, with a Filled Amount of only around 202 BTC, indicating limited participation. However, the Order Book showed signs of bid dominance, with a bid-to-ask depth ratio of 6.13, suggesting that short-term bullish sentiment had strengthened slightly. The move was p

US stock indices closed mixed on Friday as the S&P 500 rose 0.17% and Nasdaq gained 0.39% while the Dow fell 0.18%. The session coincided with triple witching day when futures and options expired simultaneously, with Citadel Securities reporting a near-record $7 trillion in expiring options

Hong Kong is advancing stablecoin and tokenization pilots, according to reports from CryptoTwitter commentator @WuBlockchain. The regulatory authority aims to foster innovation while ensuring financial stability, positioning Hong Kong as a crypto hub. This development is part of broader regulatory m

On September 17, 2026, the U.S. Securities and Exchange Commission (SEC) issued an administrative order called the “Innovation Exemption,” opening a temporary compliance pathway for trading tokenized U.S. stocks. Notably, this action came just two days after the Senate rejected the CLARITY Act. SEC Chair Paul Atkins explicitly stated that, regardless of the congressional legislative process, the SEC would “act decisively within the scope of its statutory authority.” On the same day, the U.S. Com

The months-long US-Iran military standoff saw a subtle diplomatic shift between September 19 and 20, 2026. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, publicly stated on the evening of September 19 local time that Iran had conveyed the 7 conditions required to begin negotiations to the US government through mediators including Qatar and Pakistan, and was currently awaiting a US response. Meanwhile, an unnamed senior Iranian source said that mediators had informed Iran t

President Donald Trump signed H.R. 5334 into law on September 18, establishing a 30-day period to determine tariffs that could disrupt trade in Russian energy and affect inflation, Treasury yields, and the dollar exchange rate—all factors relevant to bitcoin, as tighter financial conditions have historically weighed on crypto markets. The law requires tariffs on all Russian goods imported into the United States, including oil, natural gas, and petroleum products, to be increased by up to 500%. T

Bitcoin (BTC) is maintaining a strong trend, currently trading at around $81,160 as of September 20. The U.S. Securities and Exchange Commission (SEC) is preparing to move the U.S. stock market toward around-the-clock trading, in line with the crypto market. Vietnam plans to issue its first licenses for crypto-asset service providers in 2026 and allow the first digital-asset platforms to begin operations. Macro Events & Crypto Highlights BlockTempo reported that the U.S. Securities and Exchange

Bitcoin and Ethereum declined this week amid a US Federal Reserve rate hike and strong economic data, according to Xangle. Bitcoin fell 1.00% to 76,404 USD as of September 18, while Ethereum dropped 2.69% to 2,447 USD. The Fed raised rates 25 basis points to 3.75-4.00% on September 16. Robust

According to Zangle, Bitcoin fell 1% to $76,404 this week as of Sept 18, while Ethereum declined 2.69% to $2,447, following the Federal Reserve's decision on Sept 16 to raise rates by 25 basis points to 3.75–4.00%. Major crypto assets remained under pressure despite some altcoins showing strength

The Bank of Japan raised its benchmark interest rate to 1.25% on the 18th, the highest level in 31 years. BOJ Governor Kazuo Ueda signaled a gradual pace for future increases amid concerns over rising oil prices, AI investment demand, and rapid yen depreciation driving import inflation.

On September 18, the Bank of Japan raised its benchmark rate by 25 basis points to 1.25 percent, the highest level since 1995. Governor Kazuo Ueda reconfirmed the bank's commitment to further increases but suggested a slower pace to avoid excessive market volatility, citing rising commodity prices a

According to Daily An, Bitcoin held above $77,000 this week despite three headwinds—the CLARITY Act's failure in the Senate, a 0.25% rate hike by the U.S. Federal Reserve on September 16, and a 0.25% increase by the Bank of Japan on September 18. BTC traded at $77,452 as of September 18, up 0.8%

CoinShares identified significant obstacles preventing Bitcoin from breaking the $80,000 price level, citing a more hawkish Federal Reserve and setbacks to the CLARITY Act as two major near-term challenges. The digital asset investment firm indicated that without a shift in inflation metrics or

Bitcoin climbed back toward $78,000 after falling below $75,000 earlier this week, absorbing two major headwinds: the Federal Reserve's first rate hike since 2023 and the Senate's failure to advance the CLARITY Act. U.S. spot Bitcoin ETFs recorded $159.5 million in net inflows on Sept. 17,