1. The Federal Reserve may reduce the extent of its interest rate cuts this year as the latest retail sales and initial claims data affect market expectations.
2. The FBI arrested hackers suspected of attacking the U.S. Securities and Exchange Commission, which triggered market concerns about the approval of fake spot Bitcoin ETFs.
3. BlackRock has significantly increased its holdings of Bitcoin in the past two days, and its holdings now exceed 380,000.
BlackRock bought 5,802 BTC yesterday, worth about $390.2 million. In the past two days, BlackRock has bought a total of 10,126 BTC, worth $681 million. It currently holds 380,972 BTC, worth about $25.62 billion.
4. Morgan Stanley, a $1.3 trillion asset management company, disclosed that it holds a Bitcoin ETF with a total market value of $272 million.
5. European Central Bank President Christine Lagarde said that inflation is expected to fall to target level next year and announced a unanimous decision to cut interest rates.
ECB President Christine Lagarde said that the decision to cut interest rates was unanimous and inflation may fall to the target level next year. There are still two-way risks in the current inflation forecast, and the downside risks facing inflation are greater than the upside risks.
6. Ethereum gas fees have risen sharply and on-chain activity has increased significantly.
The current Ethereum Gas fee has risen to 70.14 Gwei, a 105.83% increase in 10 minutes, indicating that the activity on the ETH chain has increased. Please pay attention to market changes.
7. Tesla’s recent transfer of $760 million in Bitcoin reserves may be related to compliance and internal audits.
Earlier this week, Elon Musk-controlled Tesla (TSLA) caused a stir when it moved more than $750 million worth of Bitcoin (BTC) to new wallets, which had not been touched in nearly two years.
8. Hong Kong is studying ways to promote the data trading ecosystem and tokenization of real-world assets to drive the development of the digital economy.
Hong Kong Chief Executive John Lee mentioned in his policy address yesterday that he would promote the integrated development of the digital economy and the real economy. Lee stressed that accelerating the development of the digital economy can accelerate the digital transformation of industries and strengthen digital infrastructure. The government is studying how to promote the data trading ecosystem and use the Greater Bay Area as a pilot to explore arrangements to facilitate cross-border data flows. Hong Kong Financial Services Authority Chief Executive Officer Au King Lun responded yesterday that the role of financial technology in maintaining Hong Kong's leading position in global finance cannot be ignored, and he is encouraged by the SAR government's commitment to comprehensively promoting the digital economy. The policy address mentioned supporting the development of innovative financial services, virtual assets and cross-border data solutions, and believed that it could meet the increasingly digital global financial needs. At the same time, "the government's emphasis on the tokenization of real-world assets is consistent with the Financial Services Authority's blockchain application initiative, further strengthening Hong Kong's leadership in financial technology innovation." - Original text
9. Vitalik Buterin expects Ethereum to achieve 100,000 transactions per second through Rollups.
Ethereum will eventually be able to achieve its goal of 100,000 transactions per second (tps), as described by the network’s co-founder Vitalik Buterin in a new blog post outlining what users can expect from “The Surge.”
10. Shanghai court ruled that the CFTC judge’s decision on US election gambling was “wrong”.
Lawyers for the U.S. Commodity Futures Trading Commission argued in a brief filed with an appeals court on Wednesday that a federal judge "erred" in allowing prediction market provider Kalsh to list and trade election contracts, reiterating many of the arguments it made in the lower court.
11. Robinhood confirmed plans to support Bitcoin and Ethereum futures trading on the desktop platform.
Robinhood plans to expand its bitcoin and ether support to futures products as the platform rolls out advanced trading tools more broadly. This confirms reports earlier this summer that Robinhood is looking to launch bitcoin and ether futures in the U.S. — the company said at the time that it had “no immediate plans” to do so.
12. Cardi B joins the crypto movement on Solana to promote the integration of cryptocurrency and culture.
Cardi B Joins $WAP on Solana to Bridge Crypto, Culture, and Community
13. Blockchain Capital led a $33 million financing round for African stablecoin exchange Yellow Card.
Blockchain Capital led a $33 million Series C round for African stablecoin exchange Yellow Card, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital.
14. Coinbase stated that the exchange's Bitcoin liquidity was not affected during the SEC's lawsuit against Cumberland.
Nasdaq-listed cryptocurrency exchange Coinbase (COIN) said on Tuesday that its trading conditions remain stable and downplayed reports of a significant drop in Bitcoin (BTC) order book liquidity during the U.S. Securities and Exchange Commission’s (SEC) lawsuit against market maker Cumberland.
The above is a selection of hot topics in the past 24 hours. For faster news, please download AICoin (aicoin.com)
