Gate Daily (September 15): Trump predicts "Super Central Bank Week" with significant interest rate cuts; Native Markets wins USDH stablecoin bidding.

Bitcoin (BTC) started the week with a short-term pullback, reporting around 115,020 USD on September 15. This week will be a much-anticipated "Super Central Bank Week," with U.S. President Trump stating that the Federal Reserve is expected to "significantly cut interest rates." Native Markets won the USDH stablecoin bidding, and Pakistan is inviting global Crypto Assets companies to apply for operating licenses.

Today’s Outlook

1. China's industrial added value above designated size in August (year-on-year) was 5.70%, previous value.

2. China's total retail sales of consumer goods in August (annual rate) was 3.7% previously.

3. Eurozone July seasonally adjusted trade balance (billion euros), previous value was 2.8

4. The State Council Information Office of China held a press conference on the operation of the national economy.

5. Japan's Respect for the Aged Day holiday market closure

Macro Events & Coin Circle Hotspots

1. U.S. President Trump stated that he expects the Federal Reserve (FED) to "significantly cut interest rates." Over the past week, the moderate CPI and PPI inflation reports, as well as the surge in initial unemployment claims, have paved the way for the Federal Reserve (FED) to at least lower rates by 25 basis points at the September meeting. This week will be a highly anticipated "super central bank week," as Trump is about to welcome the moment he has long awaited. The Federal Reserve (FED) will meet next week to formulate monetary policy, and its decision may set the tone for market performance for the remainder of the year.

2. Native Markets is one of the teams that submitted a bid to issue the USD-pegged stablecoin (USDH) on the Hyperliquid cryptocurrency exchange. After a bidding war closely watched by the cryptocurrency community, this team won the right to use the USDH stock code on Sunday. Max Fiege, founder of Native Markets, stated that the Native Markets team will submit a Hyperliquid Improvement Proposal (HIP) for USDH in the coming days based on the bids submitted to the Hyperliquid community. He also outlined the next steps: "We will start testing each transaction with a minting and redemption limit of $800 from the initial group, then open the USDH / USDC spot order book, as well as unlimited minting and redemption."

3. Pakistan has opened its doors to international crypto businesses, inviting leading exchanges and Virtual Asset Service Providers (VASP) to apply for licenses under the new federal system. According to local news media Dawn, the Pakistan Virtual Asset Regulatory Authority (PVARA) called on major cryptocurrency companies over the weekend to submit Expressions of Interest (EoI) to enter the country's digital asset market. PVARA Chairman and Minister of State for Cryptocurrency and Blockchain Bilal bin Saqib stated, "This Expression of Interest is an invitation to the world's leading VASPs, and we hope they collaborate to create a transparent and inclusive digital financial future for Pakistan."

Market Trend

1. Latest News on Bitcoin: $BTC opened this week with a short-term pullback, currently reporting around 115,020 USD, with 16.82 million USD liquidated in the past 24 hours, mainly from long positions;

2. The U.S. stock market experienced mixed results on September 12, with the Nasdaq rising 0.4%, marking the 25th time this year it has set a new historical high. The Philadelphia Semiconductor Index also gained 0.1%, reaching a new historical high and surpassing the 6,000-point threshold for the first time. Meanwhile, the S&P 500 index dipped slightly, and the Dow Jones Industrial Average fell back 274 points after breaking through the 46,000-point mark for the first time in the previous trading day.

(Source: Gate)

3. In the Gate BTC/USDT liquidation map, based on the current 114,983.80 USDT, if it drops to around 114,148 USD, the total liquidation amount of long positions exceeds 736 million USD; if it rises to around 116,493 USD, the total liquidation amount of short positions exceeds 270 million USD. The liquidation amount for shorts is significantly lower than for longs, suggesting a reasonable control of leverage ratios to avoid triggering large-scale liquidations during market fluctuations.

(Source: CoinGlass)

4. In the past 24 hours, BTC spot inflow was 9.43 billion USD, outflow was 9.82 billion USD, with a net outflow of 390 million USD.

(Source: CoinGlass)

5. In the past 24 hours, contracts such as $ETH, $SOL, $DOGE, $XRP, and $BTC have seen a net outflow, indicating trading opportunities.

News Updates

1. A large whale/institution transferred 60,000 SOL to a CEX, valued at 14.82 million USD.

2. The Polkadot DAO has proposed to set the total supply cap of DOT tokens at 2.1 billion.

3. A certain ancient Bitcoin whale transferred 1,176 BTC to Hyperliquid again after two weeks.

4. Amazon has announced a position for "Head of Encryption Ecosystem" with an annual salary of 500,000 USD.

5. President Trump: The Federal Reserve is expected to "significantly cut interest rates".

6. Native Markets wins the Hyperliquid stablecoin USDH bid, planning to enter the testing phase "within a few days".

7. SOL Strategies CEO: Being undervalued is an advantage, holding over 435,000 SOL on the balance sheet.

8. Data: Tokens such as OP, FTN, ARB will experience significant unlocking next week, with OP unlocking approximately $93.4 million.

9. The European Central Bank plans to decide on the next steps for CBDC next month.

10. Analyst: It is expected that the proportion of institutional investment in Bitcoin will increase in the fourth quarter of this year.

11. Monero (XMR) was attacked again and experienced a block reorganization.

12. Shanxi Provincial Non-Banking Financial Office: Be alert to illegal financial activities under the guise of investing in "RWA" and other names.

13, Goldman Sachs: The potential of blockchain empowering capital markets is becoming increasingly clear.

14. The Cyberspace Administration has issued a call for opinions: Encouraging financial institutions to explore the use of digital RMB and other new payment methods for cross-border payments.

X KOL Selected Insights

Phyrex Ni (@Phyrex_Ni): "I definitely feel much better today and hope to be completely well in the next couple of days. This weekend is quite nice, calm and peaceful. I was a bit worried yesterday about whether the sentiment would be bad in the Asian time zone today, but I found that there hasn't been much change. However, as we get closer to early Thursday, the market's speculative nature should be greater. Last week, I still thought there was a possibility of a rate cut of 0 to 25 basis points, but after a week, I feel that the possibility of 0 is smaller, and 25 is more likely."

"If it drops by 50, it should be Trump's victory. The market will definitely think it is Powell's compromise, unless Powell explicitly states that there is a risk of economic recession in the U.S. Otherwise, a 50 basis point rate cut in September basically means that the majority vote is in favor of Trump. No more guessing, we will know in four working days. I want to remind everyone, instead of guessing the outcome, it’s better to think for yourself. How will you operate if there is a 25 basis point cut? How will you operate if there is a 50 basis point cut? How will you operate if there is no rate cut? Basically, if you are clear on these three questions and set your own risk preference, that’s enough. For example, if there is a 25 basis point cut, I will remain inactive. If there is a 50 basis point cut, I will go long for a short-term position and likely close it when Powell speaks. If there is no rate cut, I will prepare to bottom-fish. With this kind of preparation, it doesn’t matter what happens."

"Looking back at the data for Bitcoin, I thought today's trading volume would be low, but I didn't expect it to be this low. It should be the day with the lowest trading volume this year, with less than 18,000 BTC changing addresses on the blockchain in the entire 24 hours. This data is even worse than most bear markets, which also indicates that real investors have little interest in BTC. Everyone should be waiting for early Thursday, right? There is also retail data on Monday, which, although not very important, is still an economic indicator. Of course, before Thursday, its significance is not much different, so the focus is still on the three possibilities of interest rate cuts. How will you operate in the market?"