Trump – Xi Meeting
US President Donald Trump and Chinese President Xi Jinping will hold a telephone conversation on Friday at 4:00 p.m. EST. This will be the first official contact between the two leaders since June, and critical issues such as TikTok, Boeing aircraft, rare earth magnets, and Taiwan are expected to be on the agenda.
Statements on the Russia-Ukraine War
Trump stated that ending the war in Ukraine is proving more difficult than expected and expressed his disappointment with Russian President Vladimir Putin. However, he emphasized that he believes a solution is possible. According to him, one solution would be for Europe to stop importing Russian oil. He stated that this step would force Moscow to compromise by lowering prices or blocking exports, thus forcing Russia to seek peace with EU and NATO countries.
Debate Over Fed Chair Cook’s Removal
The Trump administration has asked the U.S. Supreme Court to allow Fed Chair Cook to be removed from office. The Justice Department requested that the lower court’s decision allowing Cook to remain in office until the Supreme Court’s ruling be suspended. Cook’s lawyers responded by asking that this request be denied.
Michigan Bitcoin Reserve Bill Moves Forward
According to Cointelegraph, Michigan’s HB 4087 Bitcoin Reserve Bill has made its first progress since February, moving to a second reading in the House of Representatives. The bill allows up to 10% of state government funds to be invested in cryptocurrencies. If passed, the law would be one of the most comprehensive Bitcoin investment frameworks at the state level in the US.
Remixpoint Increases Bitcoin Purchases
Japan’s publicly traded Remixpoint purchased an additional 77 BTC, bringing its total holdings to 1,350 BTC. This brings the total value of the company’s Bitcoin investments to 20.3 billion yen. Remixpoint ranks 40th globally and 3rd in Japan in the Bitcoin Treasury rankings.
Nvidia Invests $5 Billion in Intel
Nvidia announced it will invest $5 billion in Intel. The agreement supports Intel’s struggling chip production while including the joint development of PC and data center chips. This collaboration could create a rival alternative to TSMC, which currently manufactures Nvidia’s chips, and may also negatively impact AMD’s market share.
Ethereum Fusaka Upgrade Date Set
Ethereum developers have scheduled the Fusaka mainnet upgrade for December 3, 2025. According to the roadmap, Holesky will be updated on October 1, Sepolia on October 14, and Hoodi on October 28. This upgrade will be a critical step in Ethereum’s scalability and security.
MetaMask Token Coming
Ethereum founder and Consensys CEO Joseph Lubin announced that MetaMask’s native token, $MASK, may be released earlier than expected. Lubin said the token will be directly linked to the decentralization of the MetaMask platform.
Hawkish Signal from the Bank of Japan
The Bank of Japan’s latest interest rate decision was unexpectedly perceived as hawkish. Two members supporting a 25 bp increase and the announcement of an ETF sales program brought the possibility of a new interest rate hike in October to the forefront in the market. Analysts note that the BOJ wants to steadily advance its policy normalization.
Whale Opens $3 Million Position on HyperLiquid
According to Onchain Lens, a whale invested 3 million USDC on HyperLiquid, opening long positions in BONK, ETHFI, PENGU, and PEPE. The fact that the positions were opened with 1x leverage indicates that the investor took more spot-oriented positions.
Optimism Superchain 16a Upgrade
The Optimism team announced that the Superchain 16a upgrade will be deployed to the mainnet on October 2. The update, which will be applied to the Sepolia testnet on September 22, will replace the current U16 version with a more secure and flexible structure.
