Crypto Morning News October 9, 2024

1. The National Day is over. During this National Day, the market is still dominated by memes. At present, other tracks cannot be sustained except memes. This urgently needs innovation and new narratives and gameplay.

2. Senior officials of the Federal Reserve have spoken intensively: interest rate cuts should be cautious and rely on data; Fed Bostic: If the number of new jobs per month falls below 100,000, it will be doubtful whether to consider a faster rate cut; Collins: It is expected that the inflation target of 2% will be achieved by the end of next year.

3. OKX will launch $SCR /USDT pre-market trading at 14:00 today; Coinbase will launch io  net ($IO); Robinhood EU will launch LayerZero ($ZRO), Render ($Render), and Immutable ($IMX);

4. One of the most important applications of encryption is payment. In recent years, payment has been widely concerned by the industry. Once payment forms a scale and system, it will be a real blue ocean in the future, so everyone should also pay attention to the payment track.

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