BNB breaks through USDT in a short time, setting a record high | Binance Morning Post (September 19)

● BNB broke through USDT in a short period of time, continuing to hit a record high According to Binance market data, on September 18, BNB broke through USDT, hitting a high of 1,000 USDT, continuing to hit a record high. ● The number of initial unemployment claims in the United States to September 13 was 231,000, lower than expected According to BlockBeats, the number of initial unemployment claims in the United States to September 13 was 231,000, lower than expected 240,000. The previous value was revised from 263,000 to 264,000. ● Bloomberg analyst: More than 100 cryptocurrency ETFs may be listed in the next 12 months. According to Wu Said, Bloomberg senior ETF analyst Eric Balchunas said that the general listing standard may affect the crypto ETP field. Historical data shows that the issuance volume tripled after the SEC implemented the general listing standard for ETFs. More than 100 cryptocurrency ETFs are expected to be listed in the next 12 months. ● JPMorgan Chase Trading Team: US stocks may usher in an "explosive rise" moment, and the next two key data will be released in mid-to-early October. According to BlockBeats, JPMorgan Chase's trading team led by Andrew Tyler clearly suggested that investors "buy on dips" in their analysis on the day. The team pointed out that the Fed's interest rate cut this time is in line with its expectations of a "double rate cut" and is still expected to cut interest rates twice this year. "These preventive rate cuts provide support for the longs, especially in the context of exceeding expectations in retail sales on Tuesday," they emphasized in the report. The Taylor team anchored the core momentum of future stock market growth on two key data: the September non-farm employment report released on October 3, and the month's inflation data released on October 15. If employment data rebounds after two consecutive months of weakness and inflation "stays controllable", coupled with the strong performance of the third quarter financial report season (mainly concentrated in the third week of October), U.S. stocks may usher in a "breakthrough market". "This will be a key first step for investors who are looking forward to a break of 7,000 points at the S&P 500 by the end of the year." ● Greeks.Live: The market responded to interest rate cuts in a flat manner, and the popularity of SOL options trading has increased. According to Shenzhen Tide TechFlow, on September 18, the Greeks.Live community reported that the 25 basis point interest rate cut failed to drive the market to rise sharply, and traders generally performed disappointed. The market is paying attention to the trends of Bitcoin 118K and 113-119K ranges, and some members expect to show a volatile downward trend this month. It is worth noting that the discussion on SOL option trading has increased. Although some traders experienced rapid loss of theta when entering the market near $234, the market is optimistic about the launch of SOL ETFs, with large positions in the range of $250-300. At the same time, ETH performed weakly compared to BTC, prompting traders to adjust their options strategy layout accordingly. ● Source: The White House is considering more candidates for CFTC chairmen, as existing nominations are stalled, according to Wu, the White House is reevaluating the nomination for the Commodity Futures Trading Commission (CFTC) chairmen due to the stagnation of Brian Quintenz's confirmation process. The candidate list has expanded to several government officials with background in crypto policy, people familiar with the matter said. Including Michael Selig, chief legal counsel for the SEC encryption special group, and Tyler Williams, crypto adviser for the Finance Minister, who worked for Galaxy Digital. Under proposed legislation by Congress, the CFTC is expected to gain greater authority in the digital asset space, currently led only by Acting Chairman Caroline Pham. ● Mercer Consulting: Funds are reducing U.S. asset allocation due to Trump's policy According to Jinshi data, Mercer Consulting analyzed that Trump's reconstruction of the global trade system and put pressure on the Federal Reserve to cut interest rates has prompted investors to cut U.S. asset allocation. Hooman Kaveh, global chief investment officer in New York, revealed that the 3,900 customers he manages are continuing to shift funds from the United States to Europe, Japan and other markets. The outflow of funds stems from concerns about tariff policies, Trump’s intervention in the Federal Reserve, rising deficits and weaker dollar expectations. Kaveh said that the launch of Trump's second term has become a catalyst for truly diversified allocation, and client portfolios are flowing to diversified markets, regions, asset classes and currencies. ● XRP and DOGE ETFs performed strongly on the first day, with a combined trading volume of $55 million. According to Shentou TechFlow, the first batch of exchange-traded funds (ETFs) in the United States that provide spot exposure to XRP and Dogecoin began trading on Thursday, with outstanding performance. The REX-Osprey XRP ETF (code XRPR) had a first-day trading volume of US$37.7 million, setting a record for the highest single-day trading volume this year. REX-Osprey DOGE ETF (code DOJE) trades in about US$17 million, ranking in the top five. Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said this is a good sign for the upcoming Securities Act 1933 ETF. XRPR achieved $24 million in 90 minutes of opening, five times the volume of any XRP futures ETF. DOJE sold nearly $6 million in the first hour.