#Check Today’s Hot Topics
📰 Crypto & Blockchain Daily | September 23, 2026 [Today’s Hot Topics] 1. BTC consolidates amid choppy trading, with investors in a wait-and-see mood: Bitcoin has recently been trading in a tight range of $68,000–$72,000, with trading volume down about 15% from last week. The market is waiting for the Federal Reserve’s interest rate decision to land. Institutional holdings data shows that large funds such as Grayscale have recorded net outflows for 3 consecutive days, so a clear directional pick still requires a catalyst. 2. After the Cancun upgrade, Ethereum gas fees keep trending lower: The L2 ecosystem continues to expand. Arbitrum and Optimism’s average daily TVL grew by 8% month-over-month. Ethereum mainnet average gas fees have fallen to 12 gwei, the lowest in nearly three months. Layer2 narrative momentum continues to heat up. 3. Hong Kong’s virtual-asset licensing adds another new member: The Hong Kong Securities and Futures Commission has issued a VASP license to the third licensed exchange. The compliance process is accelerating, and the gateway for Asian capital to enter is further opening up—positive for medium- to long-term market liquidity. [Blockchain Quick Knowledge] What is “impermanent loss” (Impermanent Loss)? Simply put, when you provide liquidity to a DeFi liquidity pool as a market maker, if the coin’s price rises or falls, you may earn less than if you simply held the coins directly. This is because the AMM automated market-making mechanism automatically adjusts the proportion of the two tokens in your pool based on price changes— the more one side rises, the greater the impermanent loss. For beginners, it’s recommended to start with stablecoin pairs (such as USDC/USDT), where impermanent loss is nearly zero. [Risk Warning] The market is highly volatile. Do not chase or panic-sell. Always invest only with spare funds, and manage your positions well.
📰 Crypto & Blockchain Daily | September 23, 2026 [Today’s Hot Topics] 1. BTC consolidates amid choppy trading, with investors in a wait-and-see mood: Bitcoin has recently been trading in a tight range of $68,000–$72,000, with trading volume down about 15% from last week. The market is waiting for the Federal Reserve’s interest rate decision to land. Institutional holdings data shows that large funds such as Grayscale have recorded net outflows for 3 consecutive days, so a clear directional pick still requires a catalyst. 2. After the Cancun upgrade, Ethereum gas fees keep trending lower: The L2 ecosystem continues to expand. Arbitrum and Optimism’s average daily TVL grew by 8% month-over-month. Ethereum mainnet average gas fees have fallen to 12 gwei, the lowest in nearly three months. Layer2 narrative momentum continues to heat up. 3. Hong Kong’s virtual-asset licensing adds another new member: The Hong Kong Securities and Futures Commission has issued a VASP license to the third licensed exchange. The compliance process is accelerating, and the gateway for Asian capital to enter is further opening up—positive for medium- to long-term market liquidity. [Blockchain Quick Knowledge] What is “impermanent loss” (Impermanent Loss)? Simply put, when you provide liquidity to a DeFi liquidity pool as a market maker, if the coin’s price rises or falls, you may earn less than if you simply held the coins directly. This is because the AMM automated market-making mechanism automatically adjusts the proportion of the two tokens in your pool based on price changes— the more one side rises, the greater the impermanent loss. For beginners, it’s recommended to start with stablecoin pairs (such as USDC/USDT), where impermanent loss is nearly zero. [Risk Warning] The market is highly volatile. Do not chase or panic-sell. Always invest only with spare funds, and manage your positions well.