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According to DefiLlama data, the DeFi TVL of Arc, the public chain under Circle, reached 494 million USD on the 10th day after its mainnet launch, with a growth of 44.52% in the past week, ranking first among leading blockchains in growth rate.In terms of DEX trading volume, the network achieved 55 million USD in transactions in the past 24 hours.

According to The Block, Circle's Chief Financial Officer Jeremy Fox-Geen plans to step down after more than five years in office, with an expected departure by the end of December, unless the company identifies a successor earlier. Circle stated that it has engaged an executive search firm to initiate the recruitment process for a new CFO.

The U.S. SEC filing shows that Bitwise NEAR ETF has submitted Form 8-A registration statement, applying to register its common beneficial certificates on the NYSE Arca exchange.The document indicates that the ETF is sponsored by Bitwise Investment Advisers, LLC, and the corresponding S-1 filing was submitted to the SEC on September 16.The Bitwise NEAR ETF aims to provide exposure to exchange-traded products related to NEAR assets. This Form 8-A was signed on September 24, signed by Bitwise Chief Operating Officer Teddy Fusaro.

According to CoinDesk, the volatility in the U.S. Treasury market has significantly increased recently, while Bitcoin and the U.S. stock market remain calm. The MOVE index, which measures expected volatility in U.S. Treasuries, rose from about 80 on Tuesday to 104 on Thursday, the highest level since March; at that time, the index reached as high as 199.In contrast, the Volmex 30-day Bitcoin implied volatility index (BVIV) is currently around 37, close to the year-to-date low of 35; the Cboe VIX, which measures expected volatility in the S&P 500, is near the year-to-date low of 14.Meanwhile, the yield on the U.S. 10-year Treasury bond briefly hit 5.2% on Thursday before falling back to 5.163%. Data shows that the correlation coefficient between VIX and MOVE over the past 20 trading days has dropped to -0.06, marking the first negative correlation since April 2024; the correlation coefficient between BVIV and MOVE is -0.37, at a relatively low level in recent years.Analysts point out that as an important foundation of the global financial and credit system, an increase in U.S. Treasury volatility usually indicates a tightening financial environment, but currently, BTC and the U.S. stock market have not reflected the same level of volatility risk as the bond market.

According to a report released by Spartan Capital, Robinhood Chain will launch its mainnet on July 1, 2026. By the end of August, the on-chain DEX trading volume had risen to $1.5 billion, with a TVL increasing to $711 million, and on-chain gas revenue in August reached $6.6 million.The report shows that most of the trading volume in August came from Uniswap, with a single-day on-chain fee reaching $2.1 million on August 31. Robinhood is responsible for running the sequencer and receives about 90% of the on-chain fees. After deducting Ethereum settlement costs and the 10% licensing fee paid to Arbitrum DAO, the net income for August was approximately $6 million. Regarding Robinhood Earn, users deposit USDG and borrow through Morpho, with the deposit scale increasing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain's TVL at the end of the month. Users can earn an estimated annualized yield of about 7%, while the yield on the loan side was approximately 3.7% at the end of August, with the difference subsidized by reward funds provided by Morpho and its lending partners.Meanwhile, the Meme ecosystem of Robinhood Chain is growing rapidly. By the end of August, over 340,000 tokens had been issued on-chain, with application layer transaction fees reaching $114 million in August. The report states that the trading volume of Meme and tokenized stock trading pairs is also growing rapidly, with the trading volume of Meme tokens paired with Robinhood Stock Tokens reaching $518 million in August. The report points out that the current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood's own 27 million funded accounts have not yet been migrated to the chain on a large scale. The gas subsidies in the Robinhood wallet will continue until September 29, and the Earn yield is also planned to be gradually reduced.

According to the information released by the SEC, Coinbase (COIN) Chief Financial Officer Alesia J Haas sold 39,030 shares of the company's stock at an average price of $205.24 per share on September 21, with a total value of approximately $8.0106 million. After the transaction, her direct holdings decreased to 345,376 shares. On the same day, Coinbase (COIN) Director Marc L Andreessen sold 6,838 shares of the company's stock at an average price of $205.05 per share, with a total value of approximately $1.4021 million. After the transaction, his direct holdings decreased to 1,132,054 shares.

Circle co-founder and CEO Jeremy Allaire posted on the X platform, citing an official tweet from Arc Chain, stating that one week after its launch, the on-chain asset scale (USDC and cirCTC) has achieved a breakthrough from 0 to 700 million dollars; the USDC trading volume has surpassed 7 billion dollars.

In the seventh live broadcast of the Huobi Expert Lecture, HTX Research asset analyst WZ pointed out that in the past, people were accustomed to explaining Crypto with Crypto, but today, the variables that determine the next phase of Crypto are increasingly occurring outside of Crypto. This marks a new pricing cycle that Crypto is entering.On the policy level, WZ believes that although the Clarity Act, which has systematic characteristics, is hindered in the Senate due to the need to secure bipartisan votes and issues involving the Trump family's interests and stablecoin profit distribution, U.S. crypto regulation has not stalled. For instance, the SEC recently released an "innovation exemption" plan that allows compliant institutions meeting certain conditions to tokenize specific stocks, accelerating the integration of traditional finance and crypto.On the macro level, WZ stated that the situation in the Middle East and the blockage risk in the Strait of Hormuz have raised the "risk premium" of crude oil. Rising oil prices can trigger inflation expectations, which in turn affect U.S. Treasury yields and global liquidity. When energy prices remain high and interest rates stay elevated, the upward potential for risk assets like Bitcoin may be constrained.WZ also pointed out that in this cycle, the direct inflow and outflow of ETF funds have changed the traditional logic of capital overflow, making a "general rise" pattern for altcoins difficult to achieve. However, in the new cycle, assets with a "new narrative" and strong consensus will still experience independent upward trends.

Galaxy Research Director Alex Thorn posted on X: The U.S. spot Bitcoin ETP saw a net inflow of $1 billion yesterday, marking the largest single-day inflow of 2026 so far.Alex Thorn stated that this inflow has pushed the net flow positive for the first time since April this year. The accompanying image title is "Bitcoin ETF Fund Flow Turns Positive This Year."

According to the Citi Research podcast, Citi's Global Macro Strategy Head Dirk Willer and the Head of Quantitative Global Macro and Asset Allocation Team Alex Saunders engaged in an in-depth discussion about recent market dynamics. The two strategists pointed out that most central banks currently maintain a hawkish stance, but the Bank of Japan unexpectedly released dovish signals, which have a key impact on the USDJPY trend.Meanwhile, Bitcoin has shown a significant rebound recently, which may indicate a new round of changes in digital asset investment strategies in 2026, as institutional investors' interest in the crypto market continues to rise.

Quantum computing hardware and software company IonQ announced that it will introduce the first quantum processor to the NVIDIA Accelerated Quantum Research Center to advance the development of quantum supercomputing.

The Polish prosecutor's office has charged a former police officer in the case of the collapsed cryptocurrency exchange Zondacrypto. The Central Bureau of Cybercrime (CBZC) in Poland detained Artur K. on Tuesday under the orders of the organized crime department of the national prosecutor's office. He faces two charges: one for participating in an organized crime group, and the other for causing significant property losses to BitBay, BB Trade Estonia, and another entity, assisting in the misappropriation of entrusted property, aiding computer fraud, and money laundering. The prosecutor's office stated that a search of his residence uncovered documents related to the operation of the exchange, and he is being questioned as a suspect; the prosecutor's office will decide whether to apply for pre-trial detention.Meanwhile, the police in Katowice are searching and investigating a fuel depot, which is the last known location of Zondacrypto founder Sylwester Suszek before he went missing in March 2022. The case is classified as illegal deprivation of liberty rather than a disappearance, as a suspect has been accused of removing a hard drive from the gas station's surveillance camera.Suszek founded the exchange in Katowice in 2014, originally named BitBay, and relocated its registration to Estonia as BB Trade Estonia in 2020, rebranding it as Zondacrypto, claiming to have 1.3 million customers, most of whom are Polish. The exchange froze withdrawals and went offline in April, and the Estonian Financial Intelligence Unit revoked its operating license on June 29. Since August, at least five people have been charged, including former Polish Olympic Committee president Radosław P. All public respondents have denied the charges, and the related accusations have not yet been tried in court.

According to on-chain analyst Yu Jin's monitoring, the FTX / Alameda Research asset liquidation team transferred 27,372 ETH to Wintermute through 6 wallets 3 hours ago, worth 75.32 million USD, suspected to be entrusted to Wintermute for sale. The related address is 0xCe84...f228.

The public chain Arc officially announced that Circle's on-chain foreign exchange engine StableFX has now launched on the Arc mainnet. Arc is the public chain launched by Circle, aimed at stablecoins and payment scenarios.The global foreign exchange market has a daily trading volume of nearly 10 trillion USD, most of which still relies on traditional trading hours. StableFX supports round-the-clock settlement, allowing for near-instant or delayed settlement, where both parties can either receive funds simultaneously or not at all to reduce settlement risk. A single contract can trade with multiple vetted counterparties and obtain pricing through a unified RFQ model.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Arctic Pandas vs Pyramid IV Esports - EMEA Masters Group A", the "Yes" option win rate in the sub-market "Both sides kill Baron" has experienced a sharp fluctuation, soaring from 50.5% an hour ago to the current 90.5% (a fluctuation of 40%). Please note the impact of related breaking news.

Cryptocurrency lending institution Arch Lending plans to expand its loan business using tokenized stocks as collateral. Arch co-founder and Chief Revenue Officer Himanshu Sahay stated in Cointelegraph's Chain Reaction podcast that the institution plans to enter this market "soon" and noted the demand for credit against tokenized stocks. Sahay mentioned that tokenized stocks have grown rapidly over the past year, but loans against such assets remain limited. He anticipates that more lending institutions will enter this market in the future, naming organizations like Superstate, Robinhood, and Securitize that issue tokenized stocks.Arch has expanded from cryptocurrency to tokenized real-world assets, recently launching loan products backed by Paxos Gold and Tether Gold. However, cryptocurrency still accounts for the vast majority of Arch's existing loan portfolio, with Bitcoin making up over 80%. Sahay also indicated that the institution has recently seen increased interest in using XRP as collateral, particularly from U.S. borrowers.Before Arch, tokenized stocks had already begun to enter the lending market. In February of this year, Ondo Finance launched a DeFi lending market for its two tokenized ETFs through integration with the lending protocol Morpho; in July, Kraken included 10 types of xStocks in its futures and margin collateral scope; in August, Coinbase's B20 stock went live on Base.

According to data from Dune, the network transaction fees on the sixth day since the launch of Circle's Arc mainnet dropped to approximately $9,218, a decrease of 96.7% compared to the first day of launch.During the same period, the daily transaction fees for Robinhood Chain, Base, Arbitrum, and Sui were approximately $312,000, $139,000, $22,300, and $11,500, respectively.

The yield spread between the 2-year and 10-year U.S. Treasury bonds has narrowed to its smallest level since March 2025.

Galaxy Research Director Alex Thorn posted on X: Bitcoin's weekly close is above the 50-week moving average for the first time in 45 weeks.Alex Thorn stated that regaining the 50-week moving average has historically been a strong signal confirming bear market lows. Bitcoin has risen 29% in 35 days.