Bitget Daily Digest（September 24）｜Tether seeks $20 billion private placement; SEC plans to launch mechanism by end of 2025; Global central banks may add Bitcoin to reserves within five years

Bitget App

Trade smarter

Bitget2025/09/24 03:10

By:Bitget

Today's Preview

1、ChainOpera AI (COAI) will officially launch on CoinMarketCap at 08:00 on September 25, 2025(UTC+8).

2、Decentraland (MANA) will host the four-day Art Week 2025 virtual arts festival starting today, September 24, 2025 (UTC+8).

3、Global stablecoin leader Tether is continuing discussions with investors, seeking up to $20 billion in private placement financing, potentially valuing the company at $500 billion.

Macro & Hot Topics

1、The Chairman of the U.S. Securities and Exchange Commission (SEC) has announced plans to implement an “innovation exemption” mechanism by the end of 2025, aimed at simplifying regulatory processes for crypto firms.

2、The U.S. CFTC has launched a tokenized collateral pilot, allowing derivatives markets to use stablecoins and other non-cash assets as collateral to improve efficiency and transparency.

3、A Deutsche Bank report states that global central banks are highly likely to include Bitcoin in their reserves within the next five years, with BTC’s status approaching that of gold.

4、In the past 24 hours, the total value of liquidated contracts across the crypto market reached $347 million, mainly from short positions, indicating significant market volatility.

Market Updates

1、After a short-term decline, BTC and ETH are fluctuating. Bulls remain cautious, with $50 million in liquidations over the past 4 hours, primarily from long positions.

2、All three major U.S. stock indices closed lower, with the Nasdaq falling nearly 1%, mainly impacted by Powell’s warning on “overvalued” markets.

Bitget Daily Digest（September 24）｜Tether seeks $20 billion private placement; SEC plans to launch mechanism by end of 2025; Global central banks may add Bitcoin to reserves within five years image 0

3、Bitget Liquidation Map: BTC’s current price is 112,051 USDT. There is a concentration of high-leverage long positions (100x and 50x). A drop below 111,000 or a breakout above 114,000 could trigger significant volatility.

4、In the past 24 hours, BTC spot inflows totaled $117 million, outflows were $146 million, resulting in a net outflow of $29 million.

5、In the past 24 hours, contract trading net outflows led among BTC, ETH, USDT, XRP, BNB, and other tokens, suggesting potential trading opportunities.

News Updates

1、Ethereum whales continued accumulating this week, with more than 30,000 ETH added in a single day, significantly boosting on-chain activity.

2、A U.S. court has ordered Binance to disclose its global user compliance status, signaling further tightening of international crypto regulation.

3、The European Union has announced a pilot for cross-border stablecoin settlements by year-end, advancing the application scenarios for the digital euro.

Project Developments

1、BitMine Immersion: Holds over 2.4 million ETH valued at $11.4 billion, accounting for over 2% of the Ethereum network.

2、Sharps Technology: Established a strategic partnership with Jupiter Exchange, with some SOL tokens already staked on the Jupiter platform.

3、Pop Social: Partnered with CryptoPay to upgrade Web3 social and payment solutions.

4、Moku: The first season of the AI fantasy battle platform Grand Arena is officially live, supporting NFT integration and featuring a million-dollar prize pool.

5、Strategy: Invested $99.7 million to acquire 850 BTC at an average price of $117,344 per BTC.

6、Portal to Bitcoin: Announced its mainnet launch date as October 13, 2025.

7、Circuit & Chisel: Raised $19.2 million for the AI payment protocol ATXP.

8、Decentraland (MANA): Art Week 2025 Virtual Art Festival will kick off this week.

9、ChainOpera AI (COAI): Will be listed on CoinMarketCap on September 25.

10、CryptoPay: Signed a system integration agreement with Pop Social to explore innovative payment scenarios.

Disclaimer: This report was generated by AI and human-verified for accuracy. It is not intended as investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!