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Jinse Finance reported, citing Golden Ten Data and NBC News, that the Trump administration on Wednesday requested the Supreme Court to quickly decide whether he has the authority to impose broad tariffs under a law specifically designed for use in times of emergency. According to the documents, the Department of Justice is appealing an August 29 ruling by the U.S. Federal Circuit Court of Appeals, which stated that Trump had exceeded his authority. These documents, submitted by the Department of Justice and the challengers, have not yet been formally filed with the Supreme Court. Jeffrey Schwab, an attorney at the Liberty Justice Center representing businesses challenging the tariffs, stated in a declaration that he believes the court will rule against the president. The government submitted two documents: one is the appeal, and the other is a motion to expedite the proceedings. In the latter, Solicitor General D. John Sauer requested the justices to accelerate the process so that oral arguments could be held as early as the first week of November. This means the Supreme Court must decide whether to hear the case by next week. A spokesperson for the Liberty Justice Center stated that the challengers have agreed to this timeline. There are also reports that the Supreme Court will take up this case and may issue a ruling in the summer of 2026.

ChainCatcher news, according to SoSoValue data, most sectors in the crypto market have generally risen. Ethereum (ETH) increased by 3.22% in the past 24 hours, breaking through $4,400. Bitcoin (BTC) rose by 0.66%, remaining near $111,000. Meanwhile, MAG7.ssi increased by 1.11%, DEFI.ssi rose by 2.69%, and MEME.ssi was up by 2.44%. In other sectors, the GameFi sector rose by 2.55% in the past 24 hours, with Four (FORM) surging by 11.40% within the sector; the Meme sector increased by 1.96%, with MemeCore (M) up by 27.80%; the RWA sector rose by 1.10%, with Keeta (KTA) up by 13.82%; the DeFi sector increased by 1.05%, with Ethena (ENA) up by 6.72%; the CeFi sector rose by 0.42%, with a certain exchange up by 9.39%; the Layer1 sector increased by 0.29%. In addition, the Layer2 sector fell by 0.02%, with POL (ex-MATIC) down by 3.61%; the PayFi sector dropped by 0.21%. The crypto sector indices reflecting historical sector performance show that the ssiLayer1, ssiDeFi, and ssiMeme indices rose by 2.04%, 1.86%, and 1.49% respectively.