Maxine Waters says Congress should not pass cryptocurrency laws during presidential profit period

The three major US stock indexes collectively opened higher, with the Dow Jones Industrial Average up 0.9%, the S&P 500 index up 1.2%, and the Nasdaq up 1.5%. Semiconductor stocks collectively rose, with the Philadelphia Semiconductor Index up nearly 3%, Qualcomm up about 3%, and Intel up about 5%; Storage chip stocks generally rose, with SK Hynix up about 5%; Optical communication stocks generally rose, while Maiweier Technology rose by about 5%.

With the market rebounding, the 939.74 SP500 short positions held by a certain address, worth 7.19 million US dollars, have been fully liquidated.

On the first day of its launch, Circle's institutional level public chain Arc processed approximately 7.83 million transactions, of which only about 624000 were USDC transfers. On the first day of Arc, the DEX trading volume was approximately $82 million, lower than the $878 million set by Robinhood Chain. On Arc, TOLLY fell 56% from its high point, LONG fell 77%, and COOL fell 75%. Arc's largest token, ARGUS, has a market value of approximately $16 million, followed by cirBTC and EURC. (Source: CoinDesk)

Robinhood CEO Vlad Tenev stated that the United States is entering the era of asset tokenization after the SEC approved a temporary, conditional waiver to allow limited on chain tokenization stock trading.

The three major US stock indexes collectively opened higher, with the Dow Jones Industrial Average up 0.9%, the S&P 500 index up 1.2%, and the Nasdaq up 1.5%. Semiconductor stocks collectively rose, with Nvidia up 1.9%. Huang Renxun stated that Nvidia's chip sales next year will be twice as high as this year, Arm up 8%, and Maiwell Technology up 5.1%. Nebius, a cloud computing service provider, rose 9.8%. Nebius plans to raise some GPU computing power prices from October 1st, boosting Oracle's stock by 2.3% and Amazon's by 2%.