1. The Federal Reserve will announce its interest rate decision on Thursday, followed by a reduction of the benchmark interest rate by 25 basis points to 3.50%-3.75%
The Federal Reserve will announce its interest rate decision on Thursday at 03:00, with the market expecting a cut of 25 basis points to 3.50%-3.75%. There are divisions within the FOMC, with some voting members possibly opposing further rate cuts. Due to the government shutdown, key data for October is missing, and the SEP and dot plot are expected to show limited changes. The market is paying attention to whether a 'Reserve Management Purchase Program' (RMP) will be introduced after the end of balance sheet reduction, with Bank of America predicting monthly purchases of about $45 billion in short-term U.S. Treasury bonds starting in January, and if combined with MBS reinvestment, could reach about $60 billion. If the RMP is announced, the focus of the meeting may shift to the balance sheet rather than the interest rate path. -Original text
2. BlackRock deposited 2196 BTC into Coinbase, worth 202.76 million dollars.
On-chain data shows that BlackRock deposited 2196 BTC into Coinbase, worth 202.76 million dollars. - Original
3. Trump criticized the Federal Reserve for the small magnitude of the interest rate cut and interviewed Powell's successor.
U.S. President Trump stated that the Federal Reserve could have doubled the interest rate cut. - Original
4. The U.S. government transferred 1933 WETH, worth approximately 6.5463 million dollars.
AiCoin monitoring, the U.S. government address transferred a total of 1933 WETH to 0x6...94D, worth approximately 6.5463 million dollars. The price may drop. Data for reference only - Original
5. The CFTC chairman stated that Bitcoin can currently be used as collateral.
The chairman of the Commodity Futures Trading Commission (CFTC) stated in a CNBC live broadcast that Bitcoin can currently be used as collateral. - Original
6. Spot gold briefly rose by 16 dollars, currently reported at 4205.23 dollars/ounce.
The Federal Reserve cut interest rates as expected, with spot gold briefly rising by 16 dollars, currently reported at 4205.23 dollars/ounce. - Original
7. The Financial Services Agency of Japan plans to bring crypto assets under the regulation of the Financial Instruments and Exchange Act.
The Financial Services Agency of Japan has released a report planning to shift the regulatory basis for crypto assets from the Payment Services Act to the Financial Instruments and Exchange Act. The new framework requires enhanced IEO disclosures, project parties must disclose their identities and token distribution models, and regulators will strengthen efforts to crack down on unregistered platforms and prohibit insider trading. In addition, the Japanese government is considering unifying the tax rate on crypto trading profits to 20%, and the Financial Services Agency of Japan is cautious about licensing overseas crypto ETF derivatives. - Original
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