Over 60% of requests use Discount Window Direct. Three dimensions: business-process, automation, FHLB. Same-day Treasury pledge; shock absorber. As-of Tue 

Jefferson Tue 22: over 60% of discount window loan requests via Discount Window Direct | The Brief — Liquid State

Vice Chair Philip N. Jefferson. 2026 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York, New York. Last-Modified Tue, 22 Sep 2026 14:20:19 GMT. March 2020 sharp increase in Treasury securities pledged. Borrower-in-Custody simplifications dated September 8, 2026: simplified forms, faster enrollment, automated pledged loan lists. 2024 request for information follow-through. PDF https://www.federalreserve.gov/newsevents/speech/files/jefferson20260922a.pdf.

Jefferson Tue 22: over 60% of discount window loan requests via Discount Window Direct

US spot bitcoin ETFs +$999.0m (IBIT +$381.4m, ARKB +$289.1m, FBTC +$238.8m) after Fri 18 +$433.0m. ETH +$270.0m (ETHA +$110.1m). Cumulative +$56.2B. As-of 

US spot BTC ETFs +$999.0m Mon 21 — IBIT +$381.4m / ARKB +$289.1m / FBTC +$238.8m | The Brief — Liquid State

Farside US spot bitcoin ETFs. Monday COMPLETE inflow after Friday inflow.

US spot BTC ETFs +$999.0m Mon 21 — IBIT +$381.4m / ARKB +$289.1m / FBTC +$238.8m

SCB volatility halves via a two-year average and a Jan 1 SCB date. SVB: 94% uninsured; staff knew by March 2022; 96% of chatter after failure was inevitabl

Bowman Fri 18: SCB volatility halved + SVB 94% uninsured — staff knew by March 2022 | The Brief — Liquid State

Same-session pair. Last Update September 18, 2026. Companion Last-Modified Fri, 18 Sep 2026 17:07:15 GMT. Primary https://www.federalreserve.gov/newsevents/speech/bowman20260918a.htm. Companion https://www.federalreserve.gov/newsevents/speech/bowman20260918b.htm.

Bowman Fri 18: SCB volatility halved + SVB 94% uninsured — staff knew by March 2022

Raised the target range 1/4 percentage point to 3-3/4 to 4 percent. Approved 12–0. As-of Wed 16 Sep 2026. Federal Reserve.

FOMC Wed 16: +25bp to 3¾–4% — 12–0 | The Brief — Liquid State

FOMC statement. For release 2:00 p.m. EDT September 16, 2026. Primary https://www.federalreserve.gov/newsevents/pressreleases/monetary20260916a.htm.

FOMC Wed 16: +25bp to 3¾–4% — 12–0

Governor Michael S. Barr delivered Unlocking Opportunities for Workers and Entrepreneurs with a Criminal Record on September 01, 2026 at the Second-Chance Lending Forum, Washington, D.C..

Primary is https://www.federalreserve.gov/newsevents/speech/barr20260901a.htm — Last Update September 01, 2026.

Inflation remains too high, and has been for over five years.

Barr described progress from inflation's peak of more than 7 percent in 2022 to a bit above 2 percent in 2024; that progress stalled in 2025.

At the September FOMC meeting: if trends in the data give some confidence inflation is moderating on a path to 2 percent, take a bit more time to assess the policy stance; if inflation appears not to be moderating sufficiently, act decisively to raise rates.

As-of Tue 1 Sep 2026. Federal Reserve.

Barr Tue 1: inflation still too high after 5 years — September FOMC hike-conditional (7% peak, 2% path)

If inflation is not moderating enough toward 2 percent, act decisively to raise rates. If it is, take more time. As-of Tue 1 Sep 2026. Federal Reserve.

Barr Tue 1: inflation still too high after 5 years — September FOMC hike-conditional (7% peak, 2% path) | The Brief — Liquid State

Unlocking Opportunities for Workers and Entrepreneurs with a Criminal Record. Governor Michael S. Barr. Second-Chance Lending Forum, Washington, D.C.. Last Update September 01, 2026.

US spot bitcoin ETFs printed −$201.9 million on Friday 28 August 2026.

That print breaks a nine-session inflow run from 17 through 27 August — the flow regime flipped.

ARKB printed −$114.9 million. BITB printed −$49.7 million. IBIT printed −$33.4 million. HODL printed −$13.2 million. MSBT printed +$9.3 million. FBTC printed 0.

Cumulative US spot bitcoin ETF flow is still +$54.717 billion (Farside total 54,717).

Primary is the Farside bitcoin table (https://farside.co.uk/btc/).

Thursday 27 was +$242.3 million (IBIT +$277.6 million). This report covers the Friday session.

As-of Fri 28 Aug 2026.

US spot BTC ETFs −$201.9m Fri 28 — 9-day inflow streak breaks

ARKB −$114.9m, BITB −$49.7m, IBIT −$33.4m. First outflow after Aug 17–27 inflows. Cumulative still +$54.7B. As-of Fri 28 Aug 2026. Farside.

US spot BTC ETFs −$201.9m Fri 28 — 9-day inflow streak breaks | The Brief — Liquid State

Farside US spot bitcoin ETFs. Streak break — first outflow after Aug 17–27.

$NEAR price breaks $4.45 resistance on 4-hour chart, now testing $4.66 structural level. Key support and resistance levels for traders.

$NEAR breaks $4.45 resistance into $4.58, eyes $4.66 structural level | The Brief — Liquid State

NEAR reclaimed a key 4-hour resistance zone and is now testing the next upside barrier. Price structure shows defined levels for traders to monitor in the session ahead.

$NEAR breaks $4.45 resistance into $4.58, eyes $4.66 structural level

Alpenglow would let exchanges, bridges and merchants treat payments as irreversible almost immediately. As-of 2026-09-23 05:16 UTC.

Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds | The Brief — Liquid State

Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds

Bitcoin’s 10% September gain puts it on track for a rare three-month winning streak last seen in 2012. As-of 2026-09-23 05:12 UTC.

Bitcoin's on a streak it hasn't hit since 2012 | The Brief — Liquid State

Bitcoin's on a streak it hasn't hit since 2012

Falling oil eased inflation worries through the Asian session, while a bill to make the government's bitcoin stockpile permanent moved further through Cong

Zcash leads crypto majors with a 10% gain as bitcoin holds near $87,000 | The Brief — Liquid State

Falling oil eased inflation worries through the Asian session, while a bill to make the government's bitcoin stockpile permanent moved further through Congress than any before it. As-of 2026-09-23 04:10 UTC.

Zcash leads crypto majors with a 10% gain as bitcoin holds near $87,000

$ASTER breaks $0.7344 four-hour resistance at $0.7372. Next target $0.7456. Technical structure and key support levels for traders.

$ASTER breaks $0.7344 resistance: structure and next levels | The Brief — Liquid State

$ASTER reclaimed the $0.7344 four-hour resistance and is now testing $0.7372, with the next structural target at $0.7456. Here is what the breakout signals for position management.

$ASTER breaks $0.7344 resistance: structure and next levels

US spot bitcoin ETF create/redeem. IBIT filled. ETH +$162.2m same session. As-of 2026-09-22 20:00 UTC.

IBIT +$350.3m / Total +$714.7m | The Brief — Liquid State

IBIT +$350.3m / Total +$714.7m

The funds pulled in more on Monday than across the whole of last week, when they posted the weakest net inflow of their history. As-of 2026-09-22 14:59 UTC

Bitcoin ETFs Take Nearly $1B in a Day as Average Holder Returns to Profit | The Brief — Liquid State

The funds pulled in more on Monday than across the whole of last week, when they posted the weakest net inflow of their history. As-of 2026-09-22 14:59 UTC.

Asset	Price	24h	Mkt Cap
Bitcoin · BTC	$85,968	+0.1%	$1.73T
Ethereum · ETH	$2,741	+0.0%	$334.6B
Solana · SOL	$117.66	+0.5%	$69.1B
BNB · BNB	$787.73	+0.2%	$104.9B
XRP · XRP	$1.60	+4.1%	$100.8B
Cardano · ADA	$0.26	+2.7%	$9.6B
Avalanche · AVAX	$11.10	+1.9%	$4.9B
Dogecoin · DOGE	$0.10	+1.7%	$15.6B
Tokamak Network · TON	$0.37	+1.5%	$24.0M
Sui · SUI	$1.02	+0.8%	$4.2B
Chainlink · LINK	$12.97	+0.2%	$9.7B
Polkadot · DOT	$1.17	−0.2%	$2.0B
TRON · TRX	$0.34	−1.7%	$32.6B

The market, read straight.

Majors

Why it moved

Funding & Liquidations by Asset