1. The U.S. announced the August core PCE price index monthly rate of 0.1%

The U.S. announced that the core PCE price index rose 0.1% in August, compared with expectations of 0.20% and the previous value of 0.20%. This data shows that inflationary pressures have eased, which may affect the Fed's future monetary policy decisions, such as the possibility of interest rate cuts. The PCE index, the inflation indicator most valued by the Fed, rose 2.2% in the 12 months ending in August, close to the Fed's 2% target. In comparison, the index was 3.4% a year ago and 6.6% two years ago. Core PCE (excluding food and energy) rose 2.7% year-on-year, compared with 3.8% in the same period last year and 5.4% two years ago. This data shows that inflationary pressures continue to weaken.

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2. The chairman of the US SEC reiterated that Bitcoin is not a security and refused to comment on Trump's Bitcoin reserve plan

In an interview with CNBC, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), reiterated that Bitcoin is not a security and that investors can now express their views on Bitcoin through ETF products. In addition, Gensler declined to comment on Trump's proposed U.S. Bitcoin strategic reserve plan, saying that this was due to his duties and election season considerations. He insisted that existing laws give the SEC the power to regulate the cryptocurrency sector, and said that "not liking the rules is not the same as not having rules." Gensler also pointed out that the cryptocurrency industry faces challenges in terms of trust, and many industry leaders have been imprisoned or bankrupt. He emphasized that without investor protection and trust building, it is difficult for the innovation sector to survive.

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3. CZ may be released two days earlier than the official release date this Friday

CZ may be released two days earlier than his official release date this Friday, because if the release date falls on the weekend, prisoners will leave the prison early. A Binance spokesperson said that we are happy that Zhao Changpeng will go home to reunite with his family. His lawyer said that CZ did not want to be interviewed on the day of his release. CZ spent about two months in a minimum security prison in the California desert before being transferred to a temporary shelter in Long Beach. There, CZ was able to have supervised outings and even go to the movies.

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4. Markets are concerned that Japan's new prime minister's policies will turn hawkish

Due to concerns that the new Japanese prime minister's economic policy will turn to tightening, the yen has risen sharply, Japanese stocks have fallen, and the yield on Japan's 10-year government bonds has risen. What is more worrying to the market is that if the yen continues to rise, the reversal of the yen carry trade in early August this year may reappear. The CICC report analysis believes that Shigeru Ishiba has a preference for a relatively tighter monetary policy. Considering the past cooperation between the Bank of Japan and the Japanese government, after Shigeru Ishiba becomes prime minister, the Bank of Japan may turn marginally hawkish in the future.

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5. Grayscale Research adds SUI, TAO, OP, HNT, CELO and UMA to the top 20 crypto assets

According to Grayscale's fourth quarter report, Grayscale Research's top 20 crypto assets include SUI, TAO, OP, HNT, CELO, and UMA, and Grayscale believes that these assets have high potential in the coming quarter. However, all assets on the list have high price volatility and should be considered high risk; the US election may also be a major risk event in the crypto market.

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6. Cyvers Alerts: Detected a suspicious transaction involving $1.7 million in Bedrock

According to Cyvers Alerts, a suspicious transaction involving Bedrock has been detected. The attacker injected funds into the suspicious address through TornadoCash, and $1.7 million has been withdrawn from the uniBTC pool. Currently, 650 ETH (about $1.7 million) are stored in the attacker's 0xEE8 address. Bedrock is a multi-asset liquidity re-mortgage protocol, invested by OKX Ventures, LongHash Ventures, and Comma3 Ventures. Bedrock responded that the Bedrock team is aware of the security vulnerability involving uniBTC, with an estimated impact of about $2 million. The root cause has been identified, and measures are being taken to resolve it, and funds are safe.