On September 30, according to The Block, Hyperliquid co-founder Jeff Yan stated during the Korea Blockchain Week that 24/7 trading is not the key differentiator of on-chain venues compared to traditional exchanges. He believes the lasting advantages of on-chain systems lie in self-custody and transparency: users retain control over their own funds, which is particularly crucial when issues arise with counterparties, intermediaries, or custodians. Transparency allows users to theoretically understand everything about the system, a level of trust and neutrality that centralized institutions struggle to provide. He also mentioned that continuous trading still holds value for assets (such as commodities, stocks, and pre-IPO targets) that lack public pricing during traditional exchange closures; he believes the private equity market presents the next significant opportunity for 24/7 trading.

Market data shows that ETH has fallen below $2700, currently priced at $2699.41, with a 24-hour decline of 0.98%. The market is experiencing significant volatility, so please ensure proper risk management.

According to the New York Post: The US Federal Trade Commission (FTC) has launched a comprehensive investigation into Anthropic, OpenAI, and other superintelligent models.

Brent crude oil has expanded its intraday increase to 3%, currently priced at $98.31 per barrel. WTI crude oil is up by 2.6%. (Jinshi)

On September 30, the Federal Reserve Board voted 6-1 to approve revisions to the annual stress tests, which is seen as a significant victory for large lending institutions on Wall Street. Vice Chair for Supervision, Michelle Bowman, stated that stress tests are a crucial component of the regulatory capital framework, and the reforms enhance transparency, specificity, and risk sensitivity, thereby maintaining their robustness. The Federal Reserve noted that the two finalized rules are largely consistent with those proposed in 2025, which were welcomed by the banking sector at the time. The stress tests were established after the 2008 financial crisis to assess the resilience of Wall Street institutions under hypothetical economic recession scenarios. Additionally, the Federal Reserve solicited feedback on a plan aimed at better reflecting the differences in banks' fee income business models.

On September 30, following the release of U.S. economic data, short-term interest rate futures in the United States rose as traders increased their bets on a Federal Reserve interest rate hike. (Jin Shi)

On September 30, U.S. consumer spending grew at the fastest pace in over a year in August, continuing to drive the economy amid persistent inflation pressures. According to data released by the U.S. Bureau of Economic Analysis on Wednesday, inflation-adjusted personal spending increased by 0.6% month-over-month in August, marking the largest single-month increase since March 2025. The personal consumption expenditures price index (PCE), a key inflation gauge favored by the Federal Reserve, rose by 0.3% month-over-month in August. Excluding food and energy, the core PCE price index increased by 0.2%.

WTI crude oil has surpassed $90 per barrel, increasing by 2.22% for the day. (Jin Shi)

On September 30, U.S. consumer spending grew at its fastest pace in over a year in August, continuing to drive the economy amid persistent inflationary pressures. According to data released by the U.S. Bureau of Economic Analysis on Wednesday, inflation-adjusted personal spending increased by 0.6% month-over-month in August, marking the largest single-month increase since March 2025. The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures Price Index (PCE), rose by 0.3% month-over-month in August. Excluding food and energy, the core PCE price index increased by 0.2%. (Jin Shi)

Market data shows that BTC has surpassed $85,000, currently priced at $85,004.01, with a 24-hour increase of 0.72%. The market is experiencing significant fluctuations, so please ensure proper risk management.