Odaily reports: Pump.fun officially announced that on the first day Arc Chain goes live, it will be supported by the Pump.fun app. Users can seamlessly trade any token on Arc Chain with USDC, earn Callout rewards, and enjoy near-zero transaction fees.
The news was subsequently reposted and endorsed by the Circle CEO, and the official Arc Chain account responded in the comments section: "Built for this."
Odaily News: According to GMGN data, the market cap of Meme coin PAID on Solana briefly surpassed $20 million, with a 24H gain of over 990x, and has now fallen back to $13.4 million.
It is reported that UsePaid is an automatic fee-splitting tool for token creators' fees: project teams can import the creator fees generated by Meme coins into UsePaid, where 80% is converted to USD and paid to designated X users via X Money, while 20% is used to buy back and burn $PAID.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Odaily reports that Arc officially posted on X stating that Economic OS will launch tomorrow, providing a financial foundation for the open agent economy, supporting machines to automatically spend USDC according to rules, with settlement on the Arc chain.
In addition, Arc will host a mainnet launch livestream in New York. The developer warm-up session will be held from 11:30 AM to 1:30 PM ET on September 16, starting at 11:30 PM Beijing Time on September 16; the main stage official session will be held from 2:00 PM to 3:45 PM ET on September 16, starting at 2:00 AM Beijing Time on September 17.
Odaily reports that the top 5 addresses on the liquidation leaderboard suffered cumulative liquidations of approximately $13.5135 million during last night's market moves, with long positions liquidated for about $9.1605 million and short positions liquidated for about $4.3530 million. One address, after its long position was repeatedly liquidated, flipped to short, only for the short position to also be liquidated, resulting in cumulative liquidations of approximately $4.3414 million. Two other addresses had long positions liquidated for about $2.7851 million and $2.6389 million respectively, while two additional addresses had short positions liquidated for about $1.9249 million and $1.8233 million respectively.
Odaily News: According to GMGN data, the market cap of the Arc chain Meme coin LONG has broken $10 million, hitting a new high, currently reported at $9.97 million, with a 24H gain of 251.8%.
Well-known trader Bonk Guy previously sparked controversy by shilling LONG, with community users questioning security issues such as the protocol token's high concentration.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Odaily reports that BitMEX co-founder Arthur Hayes posted on X that the U.S. Clarity Act is detrimental to genuine innovation in the U.S. crypto industry and the development of products that meet market demand.
He stated that Bitcoin has never needed the act since its inception in 2009, nor will it need it in the future; regulatory legislation should not become a precondition that restricts industry development and product innovation.
According to on-chain analyst Yu Jin, 12 hours ago, a whale sold 866.1 BTC worth $65.42 million and bought 26,924 ETH at an average price of $2,430.
Odaily reports that Cathie Wood stated each Starship launch could generate $1 billion in revenue. Elon Musk's goal is to achieve 10,000 launches per year by 2030, corresponding to $10 trillion in annual Starship revenue; if SpaceX achieves this goal, its $1.75 trillion IPO could be viewed as a deep value investment opportunity at that time.
Odaily Report: On September 16, according to SoSoValue data, influenced by a combination of factors including the failure of a key procedural vote on the CLARITY Act, the crypto market overall trended downward. The PayFi sector fell 8.44% over 24 hours, with XRP (XRP) and Stellar (XLM) dropping 10.38% and 10.66% respectively. Meanwhile, Bitcoin (BTC) declined 3.17%, briefly falling below $75,000 intraday before recovering to $75,600; Ethereum (ETH) dropped 4.88%, falling below $2,400.
Additionally, the GameFi sector remained relatively resilient, rising 9.65% against the trend over 24 hours, with Akedo (AKE) surging 76.22%.
In other sectors, CeFi fell 1.74% over 24 hours, with Cronos (CRO) dropping 6.70%; Layer1 declined 3.44%, with mainstream public chains broadly weakening — Solana (SOL) fell 5.65% and Injective (INJ) dropped 13.07%; Layer2 decreased 4.04%, though Arbitrum (ARB) showed strength with a 10.71% gain; Meme fell 4.24%, with Pump.fun (PUMP) dropping 7.59%; DeFi declined 5.25%, with Curve DAO (CRV) falling 9.72%;
Crypto sector indices reflecting historical sector performance show that the ssiPayFi, ssiDePIN, and ssiRWA indices fell 9.78%, 8.86%, and 6.81% respectively.
Odaily News: According to official sources, the ARC mainnet officially launched on September 16 at 9:00 (GMT+8). OKX Wallet has simultaneously added support for the ARC mainnet, offering features including market signal tracking, market analysis, trading, and cross-chain functionality. Users can manage and transfer Arc assets through OKX Wallet in a one-stop manner—from discovery and analysis to trading—exploring the Arc ecosystem without needing to switch between multiple tools.
It is reported that ARC is an open Layer 1 network designed for financial markets, real-time capital flows, and the agent economy. It supports paying Gas fees with stablecoins, with USDC supported in the initial phase.
Odaily Report: Circle's public chain Arc launched its mainnet today at around 7 AM, and cross-chain functionality is now open. Early on-chain assets include LONG, with a market cap of $7.76 million and a liquidity pool of $324,000; TOLLY, with a market cap of $5.25 million and a liquidity pool of $275,000; COOL, with a market cap of $6 million and a liquidity pool of $360,000. ARGUS is the token of the ArgusPad launch platform, with a liquidity pool of $540,000. Previously, trader Bonk Guy sparked controversy by shilling LONG, and community users raised concerns about the protocol's high token concentration and other security issues.
Odaily News: Sources familiar with the matter say the startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion. It was previously reported that the startup is seeking a new round of funding because its invite-only AI agent service is facing capacity constraints, with its user base having grown to more than 100,000 as the service expands. Sequoia Capital and Benchmark are in talks to lead the round. The funding has not yet been finalized, and the terms of the deal and the lead investors may still change. The valuation marks a sharp jump from the company's previous funding round.
According to PitchBook data, the startup, named Spear Street Technology, raised $250 million less than a month ago at a pre-money valuation of $2.25 billion. The company has so far raised a total of $350 million from investors. (The Information)
Odaily reports: According to on-chain analyst Aunt Ai, a whale has been 8x leveraged long on 45,000 ETH since August 31. The position is currently at an unrealized loss of $4.295 million, after having peaked at an unrealized profit of $5.054 million. This $107 million ETH long position is the third-largest single-asset position on Hyperliquid, with an entry price of $2,486.37 and a liquidation price of $2,181.79. Over $540,000 in funding fees have been paid. This is the address's first-ever position opening.
According to Odaily, data from the Qichacha app shows that Unitree Technology Co., Ltd. recently underwent a business registration change, with its registered capital increasing from 364 million yuan to 404 million yuan. The registration authority also changed from the Hangzhou High-tech Industrial Development Zone (Binjiang) Market Supervision Administration to the Zhejiang Provincial Market Supervision Administration.
Odaily News: According to Lookonchain monitoring, Bitcoin mining company MARA Holdings (@MARA) bought 1,292 Bitcoin worth $98.64 million through FalconX approximately 9 hours ago.
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that he has directed staff to draft a proposal that would allow investment advisers to directly custody crypto assets for clients and regulated funds under certain conditions, and is considering permitting state trust companies to serve as custodians.
Atkins noted that qualified third-party custodians do not yet exist for certain crypto assets. The custody proposal is one component of the SEC's crypto regulatory framework, following the SEC's amended crypto asset custody rules that entered White House review in August.
The framework's other two components include the Crypto Asset Regulations proposed on August 18 and the transfer agent rule modernization plan, which respectively address crypto asset issuance and transfer. Atkins also urged Congress to advance the CLARITY Act, but the bill failed to advance in a Senate procedural vote on September 15 with 49 votes in favor and 50 against. (Bitcoin.com News)
