According to BlockBeats, on September 17, HTX market data showed that AVA surged by over 27% in a short period, bringing its market capitalization to $11.65 million, possibly influenced by the news that "Bithumb will list AVA on the Korean Won market."

According to BlockBeats, Bithumb will list AVA on the Korean Won market on September 17.

According to BlockBeats, on September 17, well-known DeFi researcher Ignas published an article stating that he has "no FOMO" about trading Meme coins on the Arc chain, believing that the network is more geared towards enterprise-level forex and payment scenarios rather than native crypto trading culture.

Ignas argues that the Arc ecosystem currently doesn't show clear support for retail crypto traders and the "degen" culture. In contrast, he believes Robinhood Chain, while also having enterprise-level characteristics, offers more significant support for native crypto users and developers, including support for Ethereum-based construction, the use of ETH, and a 10% allocation to Arbitrum.

He believes the ARC token airdrop is currently the most compelling narrative in the Arc ecosystem, given that 60% of the tokens are planned for ecosystem use. However, he anticipates that these tokens are more likely to be distributed as subsidies to partners in payments, forex, and tokenization, rather than directly incentivizing Meme coin traders.

Ignas also stated that the narrative surrounding "enterprise platform + meme trading" is repeating itself, from Robinhood Chain to Solana, and then to Arc. Unless there are unexpected changes in the Arc ecosystem, he prefers to look for other trading opportunities.

According to BlockBeats, on September 17, the yen came under renewed pressure after the Federal Reserve raised interest rates and signaled further tightening of policy. The USD/JPY pair rose to 156.42 at one point, with the yen falling more than 1% overnight. The market has almost fully priced in a 25 basis point rate hike by the Bank of Japan this Friday, so the focus has shifted from "whether to raise rates" to whether Kazuo Ueda can release more hawkish follow-up policy signals.

Analysts point out that the interest rate differential between the US and Japan has widened again after the Federal Reserve raised interest rates. Even if the Bank of Japan raises interest rates by 25 basis points this week, the yen may still face pressure. If the policy signals released by the Bank of Japan are weaker than market expectations, the USD/JPY exchange rate may rise further towards 158 or even 160.

Another pressure the Bank of Japan has recently faced comes from inflation and oil prices. Some analysts believe that the weakening yen and rising oil prices may strengthen the case for the Bank of Japan to continue tightening its policy, but this rate hike may have brought the policy rate into a near-neutral range, and the Bank of Japan may not signal a 50 basis point increase or consecutive rate hikes.

Meanwhile, the risk of Japanese government intervention in the currency market may limit the yen's decline. The market will also be watching whether the Bank of Japan emphasizes the pace of future interest rate hikes, and whether US interest rate trends can continue to widen the US-Japan interest rate differential.