Mary Daly, President of the Federal Reserve Bank of San Francisco, recently stated that the potential artificial intelligence (AI) bubble in the stock market may not threaten overall financial stability. Daly emphasized: "We should be wary of the idea that all bubbles are financial bubbles, and there is currently little evidence to suggest that the AI bubble belongs to this category." She pointed out that from a research and economic perspective, investments in the field of AI are more like a "beneficial bubble" - even if investors do not receive all the returns expected by early enthusiasts, they can still leave behind productive results rather than nothing. Specifically, Daly gave three reasons: first, the AI capital expenditure boom is driven by financially sound large companies, not a wave of high-risk startups, which does not pose a threat to financial stability; second, even if investors' enthusiasm is too high, it can still help the development of this transformative technology, similar to how the internet bubble burst but left behind internet technology; third, AI, like the iPhone, has transformative power, unleashing unknown opportunities and increasing overall economic productivity. 

Bitcoin Treasury Corporation, headquartered in Canada, announced that the company has been listed on the regulated US over-the-counter securities market OTC Markets, with the stock code "BTCFF", US investors can now view financial disclosure information and real-time quotes.

according to market news, Hyperliquid will issue the stablecoin USDH.

Cango, a company listed on the New York Stock Exchange, disclosed that it has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited (EWCL), aiming to acquire 10 million shares of Class B common stock from the company's co-founder at a price to be agreed upon by both parties. In addition, the letter of intent also requires Cango's founder to voluntarily convert all remaining Class B common shares held into Class A common shares, and to resign from the board of directors and executive positions. EWCL also suggests that Cango sell its existing domestic business and is willing to introduce potential buyers to promote overseas business growth, especially its newly launched cryptocurrency mining business.

 market shows that the Meme coin "Binance Life" briefly broke through $0.19, now reported at $0.1425, with a market value exceeding $140 million. The market is fluctuating greatly, please manage risks.

Intel's pre-market stock gain further expanded to 30%. Earlier, Nvidia announced a $5 billion investment in Intel, and Intel will customize x86 CPUs for Nvidia.

 according to Whale Alert monitoring, at 19:10, 600 bitcoins (worth $67,319,976) were transferred from Bitstamp to an unknown new wallet.

 market shows that, driven by Intel (INTC.O), American semiconductor stocks are rising before the market opens, with ASML (ASML.O) up 7.03%, Micron Technology (MU.O) up 2.35%, ON Semiconductor (ON.O) up 2.13%, and Applied Materials (AMAT.O) up 5.6%.

 according to glassnode's released chart, the Bitcoin CBD heat map shows that its supply is highly concentrated around the $117,000 price level, forming a key resistance area. Breaking through this price level may clear obstacles for subsequent upward movement towards areas with thinner liquidity, while failure to break through may lead to a prolonged consolidation period or price decline.

the market showed that BTC fell below $106,000, now trading at $105,986.12, with a 24-hour decline of 1.01%. The market fluctuates greatly, please control the risks.

 Standard Chartered Bank estimates that stablecoins may attract $1 trillion in funds from emerging market banks in the next three years.

according to Maartun's chart, 100 bitcoins were transferred after being dormant for 12 years.

according to financial news and analysis website ZeroHedge, top traders at Goldman Sachs stated that we are entering a "fiscal dominance" era, and Bitcoin is a "major devaluation trade."

according to on-chain analyst @ai_9684xtpa monitoring, CZ spent 1 BNB each in the past 15 minutes to buy 9161 TST and 20155 mubarak, worth $1200; as a result, both TST and mubarak saw different degrees of increase.

the yen fell to its lowest level since March against the dollar; the latest USD/JPY rose 0.4% to 150.935.

according to the American ETF provider REX SharesREXShare, the first batch of American ETFs providing XRP and DOGE spot exposure, issued in collaboration with Osprey Funds, will be listed on CBOE on September 18, providing investors with a way to invest in these digital assets through an ETF structure. It is worth noting that the REX-Osprey DOGE ETF and XRP ETF are not typical spot ETFs, as they do not directly hold all DOGE and XRP tokens, but also hold other assets such as cash, US Treasury bonds, and even other ETFs. The approval process for such products is completely different, as they do not require explicit approval from the US SEC and automatically take effect 75 days after application. According to the documents submitted to the SEC by REX-Osprey, these two ETFs will invest at least 80% of their net assets in reference assets and other assets providing exposure to reference assets, with at least 40% of assets directly invested in other ETFs and ETP shares, including non-US ETPs.

market shows BCH fell below $590, now trading at $589.6, a 24-hour decline of 0.94%, with large market fluctuations, please manage risk.

Last week, cryptocurrency exchange-traded products (ETPs) saw a modest increase in inflows, marking a reversal from a period of outflows. According to CoinShares, global crypto ETPs received $226 million in inflows during the last trading week, following the previous week's $644 million. Despite this positive trend over the past two weeks, the total assets under management (AUM) continued to decrease, falling below $134 million by March 28. The increase in inflows last week indicates cautious optimism among investors, with Bitcoin leading the way in attracting investments. Altcoins also saw their first week of inflows after a series of outflows, with Ether, Solana, XRP, and Sui receiving notable amounts. Despite recent inflows, the total AUM of crypto ETPs has not seen a significant increase, dropping to its lowest level in 2025 due to a decline in cryptocurrency prices. Since January 1, 2025, the price of Bitcoin has decreased by 13.6%, while the total market capitalization has fallen by nearly 20%.