Good morning, here’s a share of recent market news:

1. According to professional analysis, the Federal Reserve is very likely to continue lowering interest rates next week, with a reduction of 25 basis points. This is because the latest PPI (Producer Price Index) and initial unemployment claims data both exceeded market expectations, indicating potential uncertainty in the economic situation.

2. Alipay has officially refuted the rumor: "Alipay supports the purchase of cryptocurrencies" is false information, please do not be misled.

3. Important stablecoin issuer Tether announced the minting of an additional 1 billion USDT, a move that will have a significant impact on the cryptocurrency market.

4. Republican representatives from Texas submitted an important bill proposing the establishment of a Bitcoin strategic reserve. This move may have a positive effect on the development of Bitcoin and its related industries.

5. Yesterday, ETHE saw a net outflow of up to $22.8 million, while BTC experienced a net inflow of $110.8 million. This data reflects the strong confidence in Bitcoin in the market.

6. Recently, Avalanche successfully completed a $250 million private financing round, with well-known investment institutions such as Galaxy Digital participating in this round. This move will further promote the development of Avalanche.

7. Congressman French Hill, a supporter of cryptocurrencies, successfully won the position of chair of the Financial Services Committee, indicating the policy level's attention and support for the cryptocurrency sector.