Daily Summary, 24 September

💰 Large companies and investments
* Tether plans to attract $20 bln and reach a valuation of $500 bln.
* Chinese company Jiuzi Holdings announced the launch of a crypto-treasury for $1 bln for the purchase of Bitcoin (BTC), Ethereum (ETH) and BNB.
* Hyperliquid officially launched its own stablecoin USDH.

📈 Forecasts and analytics
* CEO Pantera Capital Dan Morehead believes that in the coming decade Moscow and Beijing will begin to transfer a part of their reserves into Bitcoin and other cryptocurrencies. He also forecasts a growth of the BTC price to $750,000 by 2030.
* The head of Coinbase Brian Armstrong made a forecast of $1 million per BTC by 2030.
* The global money supply (M2) has closely approached the historical maximum. Analysts note that its growth is often followed by a growth of the BTC price.
* Long-term holders are actively fixing profit on BTC; volumes are close to historical maxima, which usually coincided with key market peaks (according to Glassnode).

🏛 Regulation and institutions
* The US Commodity Futures Trading Commission (CFTC) allows the use of stablecoins as tokenized collateral on the derivatives market.
* European regulators are planning the launch of a digital euro (CBDC) for the middle of 2029.
* In Kyrgyzstan by 2028 all major state services will be transferred to blockchain (statement by the Chairman of the Cabinet of Ministers).

🔄 Miscellaneous and market events
* BlackRock earns $260 million per year on commissions from its Bitcoin and Ethereum ETF (rate 0.25%).
* CZ (Changpeng Zhao) wants to reduce commissions in BNB Chain by 50%.
* In the Twitter-account of Sam Bankman-Fried a post appeared, after which the FTT token within minutes grew by almost 50%.
* CEO JPMorgan Jamie Dimon gave a big interview.
* The stablecoin RLUSD from Ripple was integrated into the tokenized money market funds of BlackRock and VanEck.
* In Ukraine a resident of the Nikolaev region was accused of crypto-fraud for an amount over $350,000.
* Trust Wallet reported about the upcoming launch of futures trading in partnership with the ASTER exchange.
* In South Korea an accountant of a Catholic church was detained, accused of embezzling about $350,000 in donations on crypto.