According to CryptoQuant data, the cumulative 7-day recharge transactions of altcoins entering the trading platform rose to 78000 on September 28th, an increase of about 160% from about 29800 on September 14th. During the same period, the number of addresses that recharge counterfeit coins to trading platforms increased from approximately 17600 to 51600. CryptoQuant points out that holders who transfer tokens to trading platforms are usually prepared to sell, and relevant data indicates potential selling pressure. The market capitalization of Bitcoin is currently below 60%, and cryptocurrency assets outside the top 10 in terms of market capitalization accounted for 9% of the total market capitalization on September 27th.

The US Commodity Futures Trading Commission is investigating former Congressman Kim Singh for allegedly betting on whether he will receive a presidential pardon and whether Biden will issue a precautionary pardon on the Kalshi platform. Kim Singh stated that he only made a profit of $823 and denied any wrongdoing. The Kalshi platform prohibits users from betting on contracts they directly participate in, and the US Commodity Futures Trading Commission prohibits the use of significant non-public information. (Source: Politico)

Michael Saylor, founder of Strategy, stated that Strategy is not in zero sum competition with Bitcoin treasury companies such as Strike. More stable issuers entering the market can help attract capital, enhance understanding of digital credit products, and improve liquidity, thereby reducing financing costs. Strive purchased STRC released by Strategy for $50 million in March. The related products still face price, liquidity, and financing risks.

The US Commodity Futures Trading Commission is investigating former Republican Congressman Adam Kinzinger's bet on whether he will receive a presidential pardon through the predictive market platform Kalshi. The relevant transactions occurred from December 2024 to January 2025. Adam Kinzinger confirmed his participation in contract transactions involving his own pardon and whether Biden issued a precautionary pardon, and stated that he had conducted approximately 25 transactions, with the majority of them resulting in losses. The related transactions earned a profit of $823, while denying any misconduct or possession of non-public information. (Source: Decrypt)

Michael Saylor expressed his hope for the success of Strike and all well managed Bitcoin digital credit issuers. Strategy and Strike are built on the same capital foundation, namely BTC as digital capital, STRC and SATA as digital credit, and MSTR and ASST as digital equity. Although the two may compete for individual investments, the "triple amplifier" of rising Bitcoin prices, adoption of digital credit, and recognition of digital equity can benefit the entire industry. More credible issuers can attract more capital into the category, but weaker issuers may also undermine the confidence of the entire category.