4E: BitMine raises $365 million in private placement to increase ETH holdings; Strive acquires Bitcoin Vault

On September 23rd, according to 4E observations, Mohamed Mursi, a Federal Reserve official, stated that when implementing the "GENIUS Act", it is necessary to comply with the restrictions on stablecoin interest payments, emphasizing that stablecoins should be used as a means of payment, not as a savings tool.

In terms of market sentiment, Adam, a researcher at Greeks.live, pointed out in a community briefing that traders have clear differences of opinion. The bearish camp expects ETH to fall below $4000, BTC to retest its lows, while the bullish camp sees the current situation as the "final shot" before a bull market. The focus of the market is on the rising implied volatility of options, the liquidation of open contracts, and the decrease in trading volume.

In terms of industry dynamics, Strive, a company owned by a Trump ally, Rama Swamy, announced the acquisition of Semler, a Bitcoin treasury company. After the merger, the two companies will collectively hold nearly 11,000 bitcoins. This transaction is an all-stock acquisition with a premium of over 200%.

4E reminds investors: Institutional frequent actions show a strong intention to layout ETH and BTC, but there are still significant differences and volatility in the market. It is recommended that investors pay attention to the fundamentals and fund flows while maintaining a stable position and flexible response strategy.