1. Federal Reserve official Guersby said that more rate cuts may be needed in the next year, and expressed satisfaction with the 50 basis point cut, indicating that the Federal Reserve is concerned about employment risks.
2. After the Federal Reserve made a significant interest rate cut, Goldman Sachs lowered its expectations for the US dollar, expecting the dollar to gradually weaken.
After the significant interest rate cut by the Federal Reserve, Goldman Sachs expects the dollar to gradually weaken as yields lose appeal. Goldman Sachs has raised its forecasts for several major currencies, including the euro, pound, and yen. Kamakshya Trivedi and other Goldman Sachs strategists wrote in a report, "We still believe that the overvaluation of the dollar will not be eroded quickly or easily, but the threshold has been lowered somewhat." Based on the latest forecast for the dollar, Goldman Sachs, which has been bullish on the pound since the beginning of the year, now expects the pound to reach 1.40 against the dollar within 12 months, higher than the previous expectation of 1.32. This is the first time the outlook has reached this level since 2021 and is among the highest forecasts on Wall Street. -Original
3. The Ethereum Foundation sold a total of 1050 ETH in September, worth $2.53 million.
The Ethereum Foundation sold another 100 ETH at a price of $2,645, worth $260,000. Since September, the foundation has sold a total of 1050 ETH, with a total value of $2.53 million, at prices ranging from $2,301 to $2,645. -Original
4. Coinbase has hired Ryan VanGrack as Vice President of Litigation to further strengthen its legal team.
Coinbase's Chief Legal Officer Paul Grewal posted on social media, "Ryan VanGrack will join Coinbase as Vice President of Litigation, having previously served as General Counsel at the global market maker Citadel Securities." -Original
5. Mango Markets may reach a six-figure settlement with the CFTC to resolve cryptocurrency trading violations.
Decentralized cryptocurrency exchange Mango Markets has withstood a costly regulatory investigation following a hack worth millions of dollars. The group may soon face another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC). -Original
6. US stocks closed with the Dow up 0.14%, the Nasdaq up 0.14%, and the S&P 500 up 0.28%.
US stocks closed with the Dow up 0.14%, the Nasdaq up 0.14%, and the S&P 500 up 0.28%. -Original
7. After the arrest of Telegram's CEO, the platform will provide more user data to the government.
CEO Pavel Durov stated in a post on the messaging app Telegram that the platform has made significant changes to its terms of service. -Original
8. JPMorgan's Onyx blockchain is used for Siemens' digital commercial paper settlement.
German industrial giant Siemens AG announced on Monday that it is using the Onyx blockchain payment system from global bank JPMorgan and SWIAT's private blockchain to issue and settle tokenized versions of its commercial paper. -Original
9. BlockFi received nearly 250 million USDC from Coinbase Prime and may begin repaying customer funds.
Arkham officials stated that the bankrupt cryptocurrency lending company BlockFi received nearly 250 million USDC from Coinbase Prime two days ago. BlockFi has been approved by a US court to repay 100% of customer funds. -Original
10. Approximately 212 BTC were transferred from Coinbase Prime to the Grayscale Bitcoin Trust.
About 14 minutes ago, 212.823 BTC were transferred from the Coinbase Prime hot wallet address to the Grayscale Bitcoin Trust, worth approximately $13.5 million. -Original
11. The Federal Reserve's Kashkari expects a policy rate of 4.4% by the end of 2024 and 3.4% by the end of 2025.
Kashkari of the Federal Reserve stated that there is currently little evidence to suggest that the forces of economic recession are building or that inflation may unexpectedly rise. He pointed out that while Federal Reserve policy remains tight, there is uncertainty about the extent of future tightening. Kashkari emphasized that the Fed's interest rate path will depend on the upcoming data and expects a policy rate of 4.4% by the end of 2024 and 3.4% by the end of 2025. He also stated that the 50 basis point rate cut reflects the correct decision in response to progress in inflation and a slowdown in the labor market. -Original
12. Galaxy analysts believe that Vice President Kamala Harris's stance on cryptocurrency will be more favorable than Biden's.
Chris Rhine, Managing Director and Portfolio Manager of Galaxy Liquidity Solutions, stated that there is growing optimism that Vice President Kamala Harris's stance on cryptocurrency will be more favorable than the policies of the Biden administration, providing a more optimistic regulatory and legislative roadmap for the industry. In early Q4, more large wealth management platforms are likely to approve Bitcoin ETFs, further expanding the accessibility of digital assets in the tens of trillions of dollars of wealth managed by brokerage firms. -Original
13. Space ID unlocked and distributed 61.53 million ID tokens to 60 teams and investors' addresses.
The SPACE ID protocol token was unlocked on-chain an hour and a half ago: 61.53 million ID tokens were distributed to 60 team/investor addresses (equivalent to approximately $23.77 million). The team and investor unlock frequency for SPACE ID is once per quarter; the largest recipient of unlocked tokens is Binance Labs, which received 40 million ID tokens in June and today, 20 million each time. They are currently not for sale. -Original
14. The Linyi police cracked a case involving a virtual currency gambling app and seized over 10 million yuan in funds involved.
According to the Linyi Hedong public account, in accordance with the relevant deployment of the Ministry of Public Security's "Clean Internet Action," the Linyi Public Security Bureau's Yihedong New District Branch has continued to strengthen the crackdown on online illegal activities. In early 2023, it discovered an app suspected of gambling with huge fund flows. The app was instructed to be developed by a suspect named Shi, who used his and his family's identities to open multiple fund pool accounts. Members used virtual currency to exchange chips within the app and engaged in online gambling by guessing the rise and fall of virtual currency exchange rates during different time periods. Since 2023, the Yihedong New District public security organs have arrested 13 suspects including Shi and seized over 10 million yuan in funds involved. In May 2024, Shi and others were sentenced to imprisonment by the People's Court in accordance with the law. -Original
The above are selected highlights from the past 24 hours. For faster news, please download AICoin (aicoin.com).
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
