4E: BitMine set to increase its holdings of ETH by $365 million, Strive acquired Bitcoin Vault Company

On September 23rd, according to 4E observation, Federal Reserve official Musalem said that in the implementation of the GENIUS Act, it is necessary to abide by the restrictions on the payment of interest by stablecoins, emphasizing that stablecoins should be used as a payment tool rather than a savings tool.
In terms of market sentiment, Greeks.live researcher Adam pointed out in the community briefing that traders are clearly divided, with bears expecting ETH to fall below $4,000, BTC or a double dip, while optimists see the current as the "last shot" before the bull market. Higher implied volatility of options, liquidation of unpositioned squaring contracts, and reduced trading volume have become the focus of the market.
In terms of industry dynamics, Strive, a company owned by Trump ally Ramaswamy, announced the acquisition of bitcoin vault company Semler, which will hold nearly 11,000 bitcoins after the merger. The transaction is an all-stock acquisition with a premium of more than 200%.
4E reminds investors that the frequent movements of institutions show a strong willingness to deploy ETH and BTC, but the market still has major differences and fluctuations. It is recommended that investors maintain a stable position and a flexible response strategy while paying attention to fundamentals and capital flows.