BTC traded at $76,634, up 1.44% over 24 hours, while ETH stood at $2,437.31, up 1.81%. Gold was at $4,346.70 and silver at $64.380; the S&P 500 and Nasdaq 100 fell 0.45% and rose 0.03%, respectively, while WTI and Brent fell 0.29% and rose 0.04%.
1. Fed hikes 25bps, BTC at $76,634
The Federal Reserve announced its rate decision in the early hours, with the FOMC voting 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, the first increase since July 2023. Sixteen of the 18 officials expect at least one more hike before year-end, four of them seeing possibly two more; the next meeting is in late October. BTC traded at $76,634.
Assets to watch: BTC
2. Arcee AI raises $150M, Microsoft's M12 participates
US enterprise AI startup Arcee AI raised $150 million at a pre-money valuation of $1 billion, led by Vista Equity Partners, Cambium Capital and Emergence Capital, with Microsoft's M12 participating. Founded in 2023, Arcee shifted from fine-tuning existing models to building open-weight models from scratch; its founder was an early Hugging Face employee.
Assets to watch: MSFT
3. Circle's Arc mainnet goes live, Aave and Uniswap available day one
Circle announced the mainnet launch of its Layer 1 blockchain Arc, with protocols including Aave V4 and Uniswap available from day one. Over 100 applications were available at launch, with more than 100 institutions and ecosystem builders involved; users pay gas in USDC and finality is under one second. Founding validators include BlackRock and Visa among 11 institutions, joining in phases.
Assets to watch: AAVE, UNI, V
4. Bitcoin, Ethereum ETFs see net outflows
On September 16, Bitcoin ETFs saw a single-day net outflow of 5,353 BTC (about $405 million) and a seven-day net outflow of 9,908 BTC (about $750 million); Ethereum ETFs saw a single-day net outflow of 51,443 ETH (about $123 million) and a seven-day net inflow of 34,334 ETH (about $82 million).
Assets to watch: BTC, ETH
5. Whale entity adds to ZEC short, down $25.85M
A whale entity identified as Garrett Jin added 5,000 ZEC to its short position overnight at a price of $1,252.50, on-chain data shows. The entity now holds 37,760 ZEC in shorts worth roughly $50.99 million, with an unrealized loss of $25.85 million.
Assets to watch: ZEC
6. XRP spot ETF sees $3.5M net inflow
US spot XRP ETFs posted a single-day net inflow of $3.50 million on September 16, with the Franklin XRP ETF accounting for the full amount and reaching $483 million in cumulative inflows. Total net assets stood at $1.396 billion, with historical cumulative net inflows of $1.716 billion.
Assets to watch: XRP
7. Ondo subsidiary joins DTCC's Fund/SERV
Ondo Finance announced its subsidiary, US-registered broker-dealer Oasis Pro Markets, has joined DTCC's Fund/SERV, becoming the first tokenization firm on the network. The move enables connections with fund managers, wealth platforms and service providers, standardizing transaction processing, reconciliation, allocation and reporting to help tokenized funds scale across traditional finance.
Assets to watch: ONDO
8. Theo launches yield-bearing tokenized silver thSLVR
On-chain finance platform Theo launched thSLVR, a yield-bearing tokenized silver product backed by over $40 million in active leases. The token offers silver price exposure plus income from lending the underlying silver to institutional borrowers; it initially opens to institutions and whitelisted investors in beta.
Assets to watch: XAG
9. 3,790 dormant Bitcoins moved in first half of September
In the first half of September, 3,790 dormant Bitcoins were activated from wallets dating back to 2010-2017. They include 113 BTC from an address untouched since 2013, now worth about $8.8 million; the largest single move was 1,260 BTC transferred on September 6 from a 2016 wallet. Sixty-two percent of this month's dormant Bitcoin spending occurred on weekends.
Assets to watch: BTC
Market snapshot
BTC: $76,634 (24h +1.44%) | ETH: $2,437.31 (24h +1.81%)
Gold: $4,346.70 (-0.93%) | Silver: $64.380 (-0.83%)
WTI: $102.13 (-0.29%) | Brent: $105.87 (+0.04%)
S&P 500: 7,551.81 (-0.45%) | Nasdaq 100: 28,945.06 (+0.03%)
1. Fed hikes 25bps, BTC at $76,634
The Federal Reserve announced its rate decision in the early hours, with the FOMC voting 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, the first increase since July 2023. Sixteen of the 18 officials expect at least one more hike before year-end, four of them seeing possibly two more; the next meeting is in late October. BTC traded at $76,634.
Assets to watch: BTC
2. Arcee AI raises $150M, Microsoft's M12 participates
US enterprise AI startup Arcee AI raised $150 million at a pre-money valuation of $1 billion, led by Vista Equity Partners, Cambium Capital and Emergence Capital, with Microsoft's M12 participating. Founded in 2023, Arcee shifted from fine-tuning existing models to building open-weight models from scratch; its founder was an early Hugging Face employee.
Assets to watch: MSFT
3. Circle's Arc mainnet goes live, Aave and Uniswap available day one
Circle announced the mainnet launch of its Layer 1 blockchain Arc, with protocols including Aave V4 and Uniswap available from day one. Over 100 applications were available at launch, with more than 100 institutions and ecosystem builders involved; users pay gas in USDC and finality is under one second. Founding validators include BlackRock and Visa among 11 institutions, joining in phases.
Assets to watch: AAVE, UNI, V
4. Bitcoin, Ethereum ETFs see net outflows
On September 16, Bitcoin ETFs saw a single-day net outflow of 5,353 BTC (about $405 million) and a seven-day net outflow of 9,908 BTC (about $750 million); Ethereum ETFs saw a single-day net outflow of 51,443 ETH (about $123 million) and a seven-day net inflow of 34,334 ETH (about $82 million).
Assets to watch: BTC, ETH
5. Whale entity adds to ZEC short, down $25.85M
A whale entity identified as Garrett Jin added 5,000 ZEC to its short position overnight at a price of $1,252.50, on-chain data shows. The entity now holds 37,760 ZEC in shorts worth roughly $50.99 million, with an unrealized loss of $25.85 million.
Assets to watch: ZEC
6. XRP spot ETF sees $3.5M net inflow
US spot XRP ETFs posted a single-day net inflow of $3.50 million on September 16, with the Franklin XRP ETF accounting for the full amount and reaching $483 million in cumulative inflows. Total net assets stood at $1.396 billion, with historical cumulative net inflows of $1.716 billion.
Assets to watch: XRP
7. Ondo subsidiary joins DTCC's Fund/SERV
Ondo Finance announced its subsidiary, US-registered broker-dealer Oasis Pro Markets, has joined DTCC's Fund/SERV, becoming the first tokenization firm on the network. The move enables connections with fund managers, wealth platforms and service providers, standardizing transaction processing, reconciliation, allocation and reporting to help tokenized funds scale across traditional finance.
Assets to watch: ONDO
8. Theo launches yield-bearing tokenized silver thSLVR
On-chain finance platform Theo launched thSLVR, a yield-bearing tokenized silver product backed by over $40 million in active leases. The token offers silver price exposure plus income from lending the underlying silver to institutional borrowers; it initially opens to institutions and whitelisted investors in beta.
Assets to watch: XAG
9. 3,790 dormant Bitcoins moved in first half of September
In the first half of September, 3,790 dormant Bitcoins were activated from wallets dating back to 2010-2017. They include 113 BTC from an address untouched since 2013, now worth about $8.8 million; the largest single move was 1,260 BTC transferred on September 6 from a 2016 wallet. Sixty-two percent of this month's dormant Bitcoin spending occurred on weekends.
Assets to watch: BTC
Market snapshot
BTC: $76,634 (24h +1.44%) | ETH: $2,437.31 (24h +1.81%)
Gold: $4,346.70 (-0.93%) | Silver: $64.380 (-0.83%)
WTI: $102.13 (-0.29%) | Brent: $105.87 (+0.04%)
S&P 500: 7,551.81 (-0.45%) | Nasdaq 100: 28,945.06 (+0.03%)