Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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Wintermute reduced its short exposure from $102.1 million to $55.54 million, with ETH shorts down to about $18.72 million
BlockBeats news, on September 16, according to OnchainLens monitoring, after the "CLARITY Act" failed to advance this morning, market maker Wintermute began to realize short profits. The short exposure dropped from $102.1 million to $55.54 million, and unrealized P&L rose from $928,000 to $2.28 million. Its ETH shorts also decreased from 15,330 tokens (about $38.47 million) to 7,810 tokens (about $18.72 million), with cumulative profits of $179.89 million.
Blockbeats
Blockbeats
OpenAI seeks new round of pre-IPO financing with a valuation target of $1.2 trillion
Beating AI News: According to the Financial Times, OpenAI is in preliminary talks with investors for a new round of private financing, targeting a valuation of about $1.2 trillion, in preparation for a future IPO. Insiders revealed that after completing a financing round in March this year, OpenAI's valuation reached $852 billion. Recently, driven by the latest AI models boosting market demand, the company is discussing further financing plans with major investors. These negotiations are still i
Blockbeats
Blockbeats
Preview: The Federal Reserve will announce its interest rate decision tonight, with another rate hike becoming the market's baseline expectation. Whether the economic policy logic changes has become the focus.
BlockBeats reports that on September 16, the Federal Reserve FOMC will announce the interest rate decision and economic projections at 2 a.m. Beijing time on Thursday, followed by a monetary policy press conference held by Fed Chair Powell. According to CME FedWatch data, the market currently prices a 95% probability of a 25 basis point rate hike this week, with the probability of a hike in December rising to 70%. Additionally, data from the prediction market predict.fun shows that the market c
Blockbeats
Blockbeats
The key procedural vote on the "CLARITY Act" failed to pass, causing Bitcoin to briefly drop below $75,000, and crypto concept stocks to plummet across the board
BlockBeats news: On September 16, the U.S. Senate held a key procedural vote early this morning on the Cryptocurrency Market Structure Act (the "CLARITY Act"). The vote ended in a 50-50 tie, failing to reach the 60-vote threshold required for passage. As a result, the CLARITY Act cannot enter the Senate's formal review process in the short term. The bill still has a basis for principled support, but the current version has not formed a broad enough bipartisan coalition. This vote result does not
Blockbeats
Blockbeats
On the eve of the Federal Reserve interest rate decision, the U.S. stock market was flat, with mixed performance in the storage and optical communication sectors, and the S&P 500 closed at its lowest level since August.
BlockBeats news, on September 16, according to BIT(bit.com) market data, on the eve of the Federal Reserve interest rate decision, the market performance was flat. U.S. stocks closed with the Dow down 0.63%, the Nasdaq down 0.78%, and the S&P 500 down 0.45%, with the S&P 500 closing at its lowest since August. In the U.S. semiconductor and storage sector: Seagate Technology (STX) fell 4.10%; Western Digital (WDC) fell 3.50%; SanDisk (SNDK) fell 1.30%; Micron Technology (MU) rose 0.39%; NVIDIA (
Blockbeats
Blockbeats
U.S. House Speaker: "Big names" in the AI field will attend an important meeting at the White House
Breaking AI News: U.S. House Speaker Johnson stated that he spoke with Trump on Monday night local time, and they are convening executives from AI suppliers ("all the big names you know") to come to the White House for an important meeting within the next week. Johnson said that the way to set guardrails for AI must be balanced and well thought out. "I think there needs to be an independent auditing body, and those developing this technology need to remain transparent. There are some very impor
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Blockbeats
The "CLARITY Act" has not "died," Senator John Kennedy said it might be postponed until the lame-duck session for further progress
BlockBeats reports that on September 16, U.S. Senator John Kennedy stated he was not surprised that the CLARITY Act failed to pass the Senate vote this time, but he believes the bill has not completely failed. He said that Democratic lawmakers also understand that the U.S. needs to establish a regulatory framework for the cryptocurrency market structure that "looks like it was carefully designed," but related legislation may have to wait until the congressional lame-duck session to advance. Rep
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Blockbeats
Opinion: The "CLARITY Act" will not "die in the cradle," the United States has a responsibility to regulate the crypto industry
BlockBeats news, on September 16, U.S. Senator and Democrat Angela Alsobrooks stated that although she voted against the CLARITY Act today, this does not mean that legislation on the crypto market structure will "die in the cradle." Alsobrooks said that currently more than 70 million Americans are involved in this industry that has not yet been fully regulated, so Congress "has a responsibility to regulate." She had previously participated in negotiations on the GENIUS Act and the CLARITY Act
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Blockbeats
Lummis: Democrats "choose politics over the American people," handing over America's crypto leadership to overseas competitors
BlockBeats news, on September 16, U.S. Senator and one of the main drafters of the CLARITY Act, Cynthia Lummis, issued a statement after the bill failed to advance, accusing Senate Democrats of "never truly taking consumer protection and maintaining U.S. leadership seriously." Lummis stated that she had been negotiating with Democratic lawmakers over the past year, but after Republicans met their demands, Democrats kept making new demands and "constantly shifting the goalposts." She said that D
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Blockbeats
Jiang Zhuoer: Has fully bought back the previously sold Bitcoin position at $76,012
BlockBeats news, on September 16, Jiang Zhuoer, founder of the Litecoin mining pool (B.TOP), posted that he has fully repurchased the previously sold Bitcoin position at $76,012. BlockBeats previously reported that on September 11, Jiang Zhuoer, founder of the Litecoin mining pool (B.TOP), posted that he had sold 100% of his BTC position at the price of $77,226.