Binance Morning Post (September 13)

● Fidelity: Changes in the correlation between Bitcoin and 10-year U.S. Treasury yields show that it is becoming mature According to ChainCatcher, Fidelity Digital Assets has published an article saying that changes in the correlation between Bitcoin (BTC) and the 10-year Treasury yield suggest that BTC may be maturing and no longer just a high-risk asset. The agency said that as the BTC price remains above $100,000, they will continue to monitor the correlation between the two. ● UK trade groups urge blockchain technology to be included in the U.S.-U.K. agreement On the eve of Trump’s visit to the UK next week, several British trade groups urged the government to include blockchain technology in a technology innovation cooperation agreement signed with the United States, according to ChainCatcher. More than a dozen groups representing the financial, technology and cryptocurrency industries said in a letter to the British Business Secretary that distributed ledger technology should become a core component of the "bridge of British and American technology." Trump's state visit will lead a delegation of tech leaders, including OpenAI founder Sam Altman and Nvidia CEO Jan-hon Wong. ● Data: The current total holdings of SOL treasury entities have exceeded 10 million, accounting for about 1.79% of the total supply According to Shenchao TechFlow, on September 12, Strategic SOL Reserve data showed that 14 entities have established SOL treasury reserves, with a total holding of 10.267 million pieces, worth US$2.39 billion, accounting for 1.79% of SOL's current total supply. The top five treasury entities with holdings are: Sharps Technology, inc. holds 2.14 million SOLs, worth approximately US$509.3 million; DeFi Development Corp holds 2.028 million SOLs, worth approximately US$482.6 million; Upexi, Inc. holds 2 million SOLs, worth approximately US$476 million; Galaxy Digital inc holds 1.35 million SOLs, worth approximately US$321 million; Mercurity Fintech holds 1.083 million SOLs, worth approximately US$257.8 million. ● Matrixport: Bitcoin summer consolidation may end, and a new round of market is expected to begin According to Shenchao TechFlow, on September 12, Matrix on Target's latest weekly report showed that after Bitcoin experienced the longest summer consolidation period, the market may usher in a new market. The report pointed out that traditional wallets continued to sell, but exchange balances fell and large positions have restarted buying. The options market shows that there is a strong demand for downward protection, and the overall sentiment is inclined to panic. Analysts believe that market volatility may heat up under the influence of Fed meetings, inflation data and fiscal risks, and the key lies in whether mainstream positions can adapt to Bitcoin's next round of trends.