Binance Morning Post (September 15)

● Pakistan invites international crypto companies to apply for an operation license According to ChainCatcher, Pakistan has issued invitations to international crypto companies to allow exchanges and virtual asset service providers to apply for operating licenses under the new federal regulatory framework. Pakistan Virtual Assets Regulatory Authority requires that the applicant company must have obtained a license from accredited regulators such as the US SEC, the UK Financial Conduct Authority, the EU VASPs framework, the UAE Virtual Assets Regulatory Authority and the Singapore Monetary Authority. ● Analysis: The allocation of Bitcoin in the traditional financial industry will increase, and the proportion of crypto investment in Q4 may increase According to ChainCatcher, Wall Street veteran Jordi Visser said that from now until the end of the year, the traditional financial community will increase its allocation to Bitcoin, and it is expected that the proportion of institutional cryptocurrency investment will increase in the fourth quarter to prepare for next year. Jordi Visser is also optimistic about the development of Ethereum, pointing out that the current ETH price is consolidating between US$4,000 and US$5,000. Once Ethereum makes a breakthrough, the entire ecosystem will operate, including DOGE and SUI. ● Nakamoto CEO: The company expands its crypto asset library, which may affect Bitcoin price trends According to Cointelegraph, Nakamoto CEO David Bailey said adding underperforming altcoins has confusing financial narratives. He pointed out that the core strategy is to build and monetize the balance sheet. Bailey said the entire finance department was under test. It is reported that listed companies have begun to focus on crypto assets outside Bitcoin. Mill City Ventures III plans to raise $500 million for Sui's financial strategy. Galaxy Digital reports say cryptocurrencies such as Ether and Solana have gained attention outside of Bitcoin. BitcoinTreasuries.NET data shows that listed companies hold about $117.91 billion in Bitcoin. Ether has attracted attention for being pledged to earn annual income. StrategicETHReserve says about 3.14% of Ether supply is held by listed companies. Galaxy Digital CEO Mike Novogratz said the interest of financial companies in the crypto market could lead to a sideways in Bitcoin prices. Breed believes that only a few Bitcoin finance companies can withstand the test of time. ● Liquid Capital founder Yi Lihua talks about the law of round-rotation and the high-quality copycat season According to BlockBeats, Liquid Capital founder Yi Lihua said that the law of round-rotation has begun. After ETH led the rise, mainstream coins such as SOL and BNB began to rise. Finally, the high-quality copycat season will usher in. In the last bull market, the market value of many projects reached 10 billion US dollars. This time it may be even more crazier. I hope entrepreneurs will seize the opportunity to welcome the new era of financial introduction.