there is an old saying on Wall Street that September is often the worst month of the year for the US stock market, a view supported by data over the past several decades. However, history may not repeat itself this month as the Federal Reserve policymakers seem prepared to continue cutting interest rates at their upcoming meeting. "Expectations of a rate cut by the Fed later this month may help reverse this trend," strategist Nathaniel said. "When the Fed cuts rates in a non-recessionary environment, returns in September tend to be higher." According to data analyzed by Welnhofer, the S&P 500 index has averaged a 1% decline in September since 1971, but when the Fed cuts rates in a non-recessionary economy, the index has averaged a 1.2% increase in September. The most recent exception to the September curse occurred last year when Fed officials cut rates by 50 basis points and the S&P 500 index rose 2% that month. 

Polygon Foundation has announced the completion of the update for the final confirmation issue of transactions, the hard fork has been successfully completed, and milestones and status synchronization are now proceeding normally. Checkpoints are being processed, and the final confirmation of the Polygon PoS consensus has been fully restored. On the 10th, the Polygon Foundation stated: "There is a temporary delay in final confirmation. Although the blockchain is still running continuously, and blocks and checkpoints are being generated, due to the milestone issue, there is a delay of 10 to 15 minutes in final transaction confirmation. A solution has been found and is being deployed to all validator nodes and service providers."

Paul Atkins, chairman of the US Securities and Exchange Commission (SEC), appointed a key member of his leadership team on Wednesday to head the department responsible for reviewing corporate IPOs and company disclosures. The SEC announced that James Moloney, a partner at Gibson Dunn, will take over as head of the SEC's corporate finance division next month. Moloney previously served at the SEC from 1994 to 2000, where he was responsible for mergers and acquisitions as well as work related to the corporate finance division. The corporate finance division is responsible for reviewing financial reports submitted by companies, ensuring that potential risks are fully disclosed to investors. The department also issues guidance on how to comply with SEC rules, such as disclosure of executive compensation, or reporting requirements for non-GAAP earnings metrics. Moloney stated, "There is a lot of work ahead, and I look forward to returning to the corporate finance division to work with colleagues to develop wise, practical, and effective regulatory rules to support business development and benefit investors."

 according to market news: Strategy increased its holdings by 1,955 bitcoins last week, with a total value of $217.4 million.

according to Ember's monitoring, in the past 8 hours, 246 million ENA (about 196 million US dollars) have been transferred from Ethena's custodial wallet to CoinbasePrime.

Nasdaq-listed Bitcoin mining company IREN released its monthly update report for August 2025, revealing that it mined 668 bitcoins last month, a significant decrease from the 728 bitcoins mined in July. In addition, IREN disclosed that the company has obtained partner status with NVIDIA and will expand its AI ecosystem to include Together AI, Hume, and Fluidstack.

 according to Cointelegraph, Chainlink Data Streams is now live on Sei, providing real-time data sources for US stocks, GDP, and over 300 other assets, supporting institutional markets.

 sources said: Yushu Technology's IPO valuation may reach 50 billion yuan (about 7 billion U.S. dollars).

 the shareholders of Strategy Inc. have agreed to settle a lawsuit that accused the company's management of allowing its business to be referred to as a "Bitcoin Treasury" and downplaying the expected impact of changes to cryptocurrency accounting standards.

 BitMine Immersion, a company listed on the New York Stock Exchange, announced that as of 8:30 pm Eastern Time on September 7th, the company's cryptocurrency holdings include 2,069,443 ETH and 192 bitcoins. In addition, the company also has $266 million in undeployed cash. BitMine's cryptocurrency holdings rank first in the Ethereum Treasury and second only to Strategy in terms of the size of its cryptocurrency treasury. In addition, the company disclosed that it has made a strategic investment of $20 million in Eightco Holdings, which has already included Worldcoin (WLD) tokens as its main asset.

according to Lookonchain monitoring, a whale deposited 527,590 SOL (approximately $117.5 million) into a centralized exchange platform in the past 16 hours.

Exodus Movement, a company listed on the New York Stock Exchange, disclosed that its Bitcoin holdings reached 2,116 coins as of August 31, 2025, after increasing its holdings by 29 BTC. In addition, the company also holds 2,756 ETH and 43,738 SOL.

DeFi Technologies, a cryptocurrency fintech company, released its latest operational data. Its subsidiary Valour had assets under management (AUM) of $974 million as of August 29, an increase of 2.85% compared to the previous period. So far this year, Valour's exchange-traded product (ETP) net inflows have reached $91.7 million, with a net inflow of $1.3 million in August alone.

the blue-chip NFT project "Pudgy Penguins" announced a strategic partnership with Sharps Technology, a NASDAQ-listed SOL treasury company, aiming to enhance exposure and connectivity for Solana digital asset management, while accelerating institutional adoption of the Pudgy Penguins NFT series. Currently, Sharps Technology ranks first in the holdings of listed companies on the SOL treasury, holding approximately 2.14 million SOL.

according to Onchain Lens monitoring, a newly created wallet withdrew 320 bitcoins (approximately $36.45 million) from Gemini.

 on the evening of September 8th, in response to the news that "Yushu Technology expects an IPO valuation of up to 50 billion yuan", a person in charge of Yushu Technology replied: "As of now, there has been no discussion inside or outside the company about the IPO valuation, and the related valuation information is not true." 

on September 8, 2025, the Hong Kong Monetary Authority issued a consultation paper on the new module CRP-1 "Classification of Crypto Assets" in the "Banking Supervision Policy Manual" (SPM) to the local banking industry, intending to implement new rules on bank capital under the Basel banking regulatory committee's crypto asset supervision standards to be implemented in early 2026. The draft regulatory guidance clearly states that stablecoins that are licensed by the Hong Kong Monetary Authority based on the "Stablecoin Regulations" in the future will be classified as a category of crypto assets with lower risk exposure, enjoying capital requirements much lower than the original classification in the "Bank (Capital) Rules". Industry insiders pointed out that the timely issuance of guidance by the Hong Kong Monetary Authority clarifies that banks holding compliant stablecoins are expected to enjoy lower capital requirements, creating favorable conditions for the use and circulation of compliant stablecoins in the Hong Kong banking system.

 according to Whale Alert monitoring, at 17:47, 15,000 Ethereum (ETH) (worth $64,728,576) was transferred from an unknown wallet to Binance.

according to OnchainLens monitoring, a whale deposited 2929.6 ETH into HyperUnit, sold it at an average price of $4315, and received 12.64 million USDC in exchange.

according to Whale Alert monitoring, at 18:26, 17,841,869 XRP (worth $52,679,227) was transferred from an unknown wallet to the Coinbase exchange.