ONOrochi Network Price

On September 14, Jiang Zhuoer, founder of the Liebit Mining Pool, analyzed the latest developments regarding the US CLARITY Act on the X platform. He pointed out that the Republican Party released a new text claiming to have 'compromised on 80% of the contentious provisions.' Polymarket's probability increased from 14% to 28%, but in reality, they only conceded about 60%, and key provisions being compromised by half amounts to no real concession. Regarding ethical provisions, the new text limits concessions to officials and their spouses, but still excludes children and affiliated entities. In terms of litigation provisions, state attorneys general can only sue exchanges for listing non-compliant tokens and cannot sue the Department of Justice for failing to enforce ethics or the President himself. Jiang believes that the Democrats will inevitably be dissatisfied, as there is no reason to give Trump a gift before the midterm elections. He sees little hope for the procedural vote scheduled for 2:15 AM Beijing time on September 16 to pass, and the failure of the bill vote could likely mark the beginning of a correction in BTC's current upward trend.

On September 12, Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation and Chairman of the United Russia party, stated on the 11th that Russia has no military objectives against Europe. He claimed that the European leadership's assertion of 'Russia intending to attack Europe' is a defense for their policy of aiding Ukraine, aimed at geopolitically defeating Russia. In a video posted on social media that day, Medvedev said that the current living conditions in European countries are under pressure, and the European leadership fabricates the 'Russian threat' narrative to explain to the public why they are investing large amounts of money to support Ukraine. He noted that promoting the 'Russian threat' is the best means to raise funds for the continuation of this war. Medvedev also mentioned that the Russian national leadership has no plans for a new round of military mobilization, as it is completely unnecessary, and the recruitment of contract soldiers has 'reached or even exceeded' the expected targets set for early September. All statements regarding a new round of mobilization are 'lies and provocations' aimed at inciting public sentiment in Russia ahead of the State Duma elections.

On September 11, Jiang Zhuoer, founder of the B.TOP mining pool, announced that he has sold 100% of his BTC position at the price of $77,226. Yesterday, Jiang stated that after the release of the latest PPI data in the U.S., the probability of a Federal Reserve interest rate hike has risen to 70%. He expects that tomorrow's CPI data will not be favorable and is prepared to short the market.