Odaily reports that Bonk Guy stated in their personal channel that USELESS whale inflows reached approximately $12 million over the past month, a scale significantly higher than other Solana meme coins.

Bonk Guy previously also stated that Wintermute has continued to use funds from Binance and Bybit to buy USELESS, with purchases reaching millions of dollars. Additionally, data shows that other whales have also made large-scale purchases of USELESS over the past month, with cumulative amounts reaching the tens of millions of dollars level.

Odaily News: The U.S. House Ways and Means Committee passed the Digital Asset Tax Certainty Act by a vote of 38 to 5, advancing the bill to the full House for further consideration.

The bill aims to clarify tax rules for digital assets, including setting a $10 de minimis threshold for everyday crypto payments, and addresses crypto income recognition, asset transfers, wash sale rules, mining, staking, and broker-related tax requirements, in order to promote tax treatment of digital assets similar to that of other financial assets. The vote took place less than 24 hours after the CLARITY Act failed to pass a key procedural vote in the Senate. (CoinDesk)

Odaily News: U.S. President Trump stated on social media that U.S. interest rates should be lowered to 1% or lower, citing that the United States has the strongest credit in the world and that the current economy is attracting substantial new investment. Trump said that if the United States stopped trading with countries that have trade deficits, the U.S. could gain at least $1.5 trillion annually.

He stated that "deficit" essentially means "loss," and said that the situation where the United States has long borne the cost of global trade cannot continue. Trump once again urged the Federal Reserve to quickly lower interest rates, saying that reducing borrowing costs would help the U.S. economy develop.

Odaily News: According to MSX.COM data, at the U.S. stock market close, crypto-related stocks fell broadly. Circle dropped over 6%, Robinhood fell more than 5%, Coinbase declined over 4%, Bitmine dropped more than 3%, and Strategy fell over 2%. SpaceX rose more than 5%. In addition, some optical communications and memory chip stocks gained, with Lumentum up over 9%, Coherent up more than 6%, and Marvell Technology and Intel each up over 3%.

According to Onchain Lens monitoring, a whale withdrew a total of 15,300 ZEC, worth approximately $17.92 million, from Binance, OKX, and Kraken.

Odaily: Vitalik posted on X that approximately 90% of his net worth is held in cryptocurrency, and he believes that as related capabilities gradually mature, cybersecurity will favor the defensive side.

He stated that AI can verify "program security" as mathematical theorems, but the definition of security needs to cover risk factors including keys, servers, devices, operating systems, databases, networks, and caching layers; for security-critical components, the entire program should be verified. Vitalik said that Ethereum will advance in this direction over the coming years, and that blockchains—especially those combining scalability and privacy—need to achieve software security.

According to Gate data, the USD/JPY (USDJPY) pair has risen above 156.0, currently trading at 156.043, with a 24-hour gain of 0.6%.

Odaily News: The full text of the Federal Open Market Committee (FOMC) policy statement released by the Federal Reserve is as follows: The Federal Open Market Committee approved the release of the following statement by a 12-0 vote. The Committee decided to raise the target range for the federal funds rate by 25 basis points to 3.75%-4% to support the Federal Reserve's dual mandate. The Committee will continue its policy of maintaining ample reserves in the banking system. Economic activity is expanding at a solid pace. Although uncertainty remains elevated partly due to developments in the geopolitical situation, domestic spending has remained resilient. Productivity growth has been strong, and capital investment has been robust. Job gains have kept pace with the labor force, and the unemployment rate has changed little. Inflation remains elevated. Today's policy action will support a more timely return to the Committee's 2% objective. The Committee will achieve price stability.

Odaily News: Federal Reserve Chair Warsh stated that since Fed policymakers last met in June, the U.S. economy has strengthened, the labor market is essentially at full employment, while inflation trends have shown no improvement. Warsh said, "Even in just the past few weeks, I think there is now a wide range of data indicating that the economy has indeed strengthened. The underlying momentum of economic growth is building. The problem is inflation — the issue of price stability has persisted for more than five and a half years." (Jinshi)

Odaily News: In his opening remarks at a press conference, Federal Reserve Chair Waller emphasized that both he and other policymakers are dissatisfied with the current pace of inflation. He stated: "What we are most focused on right now is the price stability side of our monetary policy mandate. The fact is simple: inflation is too high, and it has persisted for too long. The inflation data this summer has not shown me any meaningful improvement in the underlying trend." He pointed out that in recent CPI and PPI data, there are still too many categories with gains exceeding 3% over the past 6 months and 12 months. The Fed Chair emphasized that the FOMC's goals are clear and crucial: achieving full employment and price stability, and promoting a thriving U.S. economy that serves as a global benchmark. (Jinshi)

Odaily reports, according to Gate data, gold (XAUUSD) has fallen to $4,250/oz, currently at $4,236.96/oz, a 24-hour decline of 1.6%.

Odaily: White House spokesperson says the Fed's rate hike is "quite regrettable." (Jinshi)

Odaily reports that "New Bond King" Gundlach stated that if he were a Federal Reserve governor, he would vote against the decision today and support a 50 basis point rate hike.

Odaily News: The Federal Reserve hiked rates in September as expected, after the central bank had kept rates unchanged at its July meeting. Fed Chair Warsh said three things changed between the two meetings. He said data released in recent weeks showed the U.S. economy performing strongly, especially the labor market. At the same time, inflation remained elevated throughout the summer, clearly above the Fed's 2% year-over-year inflation target. Finally, he said geopolitical factors also prompted the Fed to change its assessment of the economic outlook, though he did not directly mention the U.S.-Iran war in the Middle East. Warsh said: "All three of these things contributed to the firm and unanimous decision we made today." (Jinshi)

Odaily News: Federal Reserve Chairman Warsh stated that the Federal Reserve is closely monitoring developments in the field of artificial intelligence and its impact on demand and supply, but decisions regarding AI safety risks and benefits should be made by other policymakers.

Warsh also stated that the Federal Reserve does not need to achieve its policy objectives at the expense of the labor market, and that its current and future focus is on ensuring price stability in order to support sustainable economic growth.

Odaily News: Federal Reserve Chairman Warsh stated that the recent rise in bond yields is mainly due to three factors: first, strong economic performance; second, intensified capital competition, with a real surge in capital expenditure; third, geopolitical factors.