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2026-09-28 · 7 high-impact headlines

BTC$83,634.27Bitcoin−1.00%ETH$2,654.70Ethereum−1.71%USDT$0.9996Tether−0.02%BNB$773.21Binance Coin−0.08%XRP$1.50XRP−1.44%USDC$1.00USD Coin0.00%

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74

Greed

Headlines

Flash

  1. U.S. Treasury market volatility is at historic highs, marking the third-largest weekly increase since the 2022 bear market.BlockBeats news, September 28 — Volatility in the U.S. Treasury market is at historic highs. The MOVE index, which measures Treasury volatility, jumped 19% last week, the largest weekly gain since the "Liberation Day" in April 2025. The index, also known as the "VIX of the bond market," tracks volatility in 2-year, 5-year, 10-year and 30-year Treasury yields, marking the third-largest weekly increase since the 2022 bear market. Over the same period, the 10-year Treasury yield rose 17 basis points last week to 5.17%, the highest since June 2007. The 30-year Treasury yield rose 16 basis points and broke above 5.50%, the first time since June 2004. By comparison, in the week of March 17, 2023, after the U.S. banking crisis led to the collapse of three regional banks in succession, the MOVE index surged 29% in a single week. The U.S. Treasury market is currently experiencing volatility approaching crisis levels.
  2. Hong Kong-listed large model concept stocks continued to decline, with Zhipu falling more than 5.6% intraday and MINIMAX dropping over 10%.BlockBeats news, September 28th, according to Bitget market data, Hong Kong stock large model concept stocks continued to decline, Zhipu fell more than 5.6% during the session, MINIMAX dropped over 10%.
  3. China's Ministry of State Security: The "anonymous attribute" of virtual currencies is a false proposition, and transaction records provide a basis for full-chain traceability.BlockBeats news, September 28: China's Ministry of State Security official WeChat account today published an article titled "Virtual Currency Crimes Cannot Be Traced? Think Again!", in which it mentioned that lawbreakers heavily hype virtual currencies' "anonymous transactions" and "untraceability" as promotional gimmicks, but from a technical perspective, blockchain itself possesses core features such as openness, transparency, and immutability of on-chain data, and the so-called "anonymous attribute" of virtual currencies is fundamentally a false proposition. At the same time, blockchain fully retains data such as transaction records, providing a basis for full-chain traceability. Look at the ledger: the entire transaction process leaves traces. Any virtual currency transaction, regardless of the amount, and regardless of when or where it occurs, will be permanently and publicly recorded on the virtual currency's "public ledger." The distributed ledger characteristics of blockchain technology determine that once transaction information is uploaded to the chain, it cannot be deleted or tampered with. The address anonymity effect exhibited by virtual currencies only achieves temporary isolation between wallet addresses and users' real identities, and is not true identity concealment. Check the links: real identities are hard to hide. Although wallet addresses are strings of gibberish, the exchange between virtual currencies and legal tender, and exchanges between virtual currencies, all need to go through trading platforms and payment interfaces, thereby leaving traces such as device codes and network IPs. Professional institutions can rely on technical means such as on-chain data analysis and big data comparison to trace the actual users behind wallet addresses and reconstruct the entire process of fund flows. On private keys: there is no backstop for asset security. In the blockchain system, if a private key is kept by an individual, it is the only credential for controlling virtual currency, and there is no channel for reporting loss or recovery. Once the private key is lost, leaked, or stolen, the holder will lose control over the virtual currency. If the private key is handed over to a trading platform for custody, although the account password may be recovered through an appeal, one must bear the risks of the platform going bankrupt and becoming unreachable.
  4. "Machi" reduced their Bitcoin long position, with the account incurring a loss of $1.42 million in the past 24 hours.BlockBeats news, September 28, according to TradingBeats monitoring, "Machi Big Brother" Huang Licheng reduced his Bitcoin long position, with his account losing $1.42 million in the past 24 hours, and his profit over the past 7 days shrinking to $1.62 million. His current positions are as follows: ETH long position approximately $92.62 million, unrealized loss approximately $70,000, entry price $2,671.16, liquidation price $2,548.34; BTC long position approximately $25.18 million, unrealized loss approximately $50,000, entry price $84,112.40, liquidation price $70,059.66; HYPE long position approximately $19.82 million, unrealized loss approximately $650,000, entry price $93.06, liquidation price $70.43.
  5. China's Ministry of Commerce: China and the US have agreed to hold the next China-US AI dialogue before the end of November this year.BlockBeats news, September 28 - The head of the Department of American and Oceanian Affairs of China's Ministry of Commerce interpreted the outcomes of the eighth round of China-U.S. economic and trade consultations. During this round of consultations, both sides agreed that under the China-U.S. economic and trade consultation mechanism, Vice Premier He Lifeng and Treasury Secretary Bessent, as the respective lead persons for China and the U.S., established an AI dialogue and held the first dialogue, exchanging views on AI-related risks and benefits. Both sides agreed to hold the next dialogue before the end of November this year. Both sides agreed to establish a communication channel for AI incidents.
  6. Bitcoin falls below $84,000, down 0.32% in 24 hours.BlockBeats news, September 28, according to HTX market information, Bitcoin fell below $84,000, with a 24-hour decline of 0.32%.
  7. Weekly Macro Outlook: Nonfarm Payrolls and PCE Data to Take Center Stage, Micron to Release Earnings After Wednesday's CloseBlockBeats news, September 28 — The highlight of this week's macroeconomic data calendar is Friday's U.S. nonfarm payrolls report. This report contains three core readings — nonfarm payrolls, the unemployment rate, and average hourly earnings — and is directly tied to the Federal Reserve's rate path, making it a particularly weighty piece of employment data ahead of the October FOMC meeting. Here are the key points the market will focus on in the coming week (all times Beijing time): Wednesday 20:15, U.S. September ADP employment change; Wednesday 20:30, U.S. August core PCE price index year-over-year; Thursday 16:00, Bank of England Governor Bailey speaks; Thursday 20:30, U.S. initial jobless claims for the week ending September 26; Thursday 21:30, European Central Bank President Lagarde speaks; Friday 20:30, U.S. September seasonally adjusted nonfarm payrolls and unemployment rate; Starting early Wednesday, Federal Reserve officials' public engagements will ramp up. 2027 FOMC voter and Chicago Fed President Goolsbee and 2028 FOMC voter and St. Louis Fed President Musalem will speak in succession, while permanent FOMC voter and New York Fed President Williams will deliver a keynote address at the University at Buffalo. On Thursday, Fed Governor Cook, Minneapolis Fed President Kashkari, and Richmond Fed President Barkin will speak in succession; on Friday, Williams and Dallas Fed President Logan will still have public engagements. On the U.S. equities front: Micron (MU.O) will report earnings after the bell on Wednesday; on Thursday, Nike (NKE.N) will release its latest quarterly earnings, with the two companies corresponding to the two main themes of memory chips and consumer demand, respectively.
  8. The crypto market's altcoin rotation continues, with the cross-chain infrastructure sector led by QNT, followed by GRT and W, while Solana ecosystem tokens broadly gained.BlockBeats news, September 28, according to HTX market information, the crypto market remains range-bound. Bitcoin is now at $85,000, Ethereum at $2,700. SOL is at $122, ZEC at $1,590, BNB at $783. The total cryptocurrency market cap is down 1% in 24 hours, now at $2.966 trillion. The altcoin market continues to rotate, with the cross-chain infrastructure sector led by QNT, followed by GRT and W. Among Solana ecosystem tokens, PUMP leads the gains, with ORCA, JUP, MET, etc. up about 10%. Top gainers include: QNT is now at $304.01, up 102.85% in 24 hours. On September 24, US clearing house The Clearing House selected Quant to provide interoperability and settlement technology for its on-chain currency initiative, with the market continuing to speculate on its cooperation with the US banking system. GRT is now at $0.03517, up 28.45% in 24 hours; W is now at $0.01565, up 19.47% in 24 hours; IMX is now at $0.1916, up 16.69% in 24 hours; JASMY is now at $0.005544, up 16.24% in 24 hours; PUMP is now at $0.005073, up 15.69% in 24 hours; SEI is now at $0.08109, up 13.75% in 24 hours; AUDIO is now at $0.01698, up 13.65% in 24 hours; NOM is now at $0.002325, up 12.65% in 24 hours; ORCA is now at $1.795, up 9.92% in 24 hours.