According to PANews, Bybit's Head of Institutional Business, Chris Aruliah, has analyzed the recent 0.5% interest rate cut announced by the Federal Reserve. Aruliah suggests that this move could lead to a shift of funds from banks to the stock market and increase investments in high-risk assets, including cryptocurrencies. The lower interest rates reduce returns on traditional investment tools, prompting investors to diversify their portfolios through cryptocurrencies. However, the global economic slowdown, weak economic indicators, and geopolitical uncertainties continue to dampen investor sentiment. While the rate cut may provide short-term benefits to the crypto market, investors are advised to remain cautious amid the current volatility.

CITIC Securities Research Report pointed out that the Federal Reserve cut interest rates by 50bp at the September 2024 interest rate meeting, exceeding some market expectations. The statement of the interest rate meeting has changed significantly compared to the previous one, showing the Fed's confidence in cooling inflation and its support for the job market. The dot plot shows that the central target interest rate this year is 4.4%, lower than 5.1% at the June 2024 meeting, and the target interest rate level for next year has been lowered. Powell said that there is no preset path for interest rate cuts, and decisions are still made meeting by meeting. He continues to emphasize policy flexibility. At the same time, he is optimistic about the economic situation and the job market, and still depicts a "soft landing" picture. We believe that the Fed's 50bp interest rate cut this time is a preventive interest rate cut that is launched in advance, intended to maintain the current state of economic growth and the job market, while maintaining subsequent policy flexibility. It is expected that there will be two more 25bp interest rate cuts this year. After the expected rate cut in overnight trading is realized, the market is expected to return to "soft landing" trading in the short term. The downward space of US bond interest rates is limited, and US stocks may continue to be highly volatile. Sectors such as biotechnology and real estate tend to perform well in "soft landing" rate cut trading. (Jinshi)

Bitcoin mining is still growing to record levels, and is even more competitive. Starting a mining operation is a matter of calculating relatively thin profit margins, while navigating the landscape for new specialized mining equipment. source: https://www.cryptopolitan.com/how-bitcoin-mining-is-a-viable-investment/

The SEC settled charges with DeFi platform Rari Capital for unregistered securities offerings involving its Earn and Fuse pools. source: https://coincu.com/283300-defi-platform-rari-capital-is-secs-latest-purge

At this meeting, the Federal Reserve cut interest rates for the first time to start a new cycle, by 50 basis points to 4.75%-5.0%.

ビットコイン(BTC)は18日の連邦公開市場委員会(FOMC)の会合に反応し、政策立案者が9月の金利を50(0.50%)ベーシスポイント(bps)引き下げることを示しました。 この決定は、2024年にさらなる利下げが行われるという緩和サイクルの始まりを示しています。 FOMCが金利を引き下げ、ビットコインは6万ドル台急騰 米連邦準備制度理事会(FRB)は、2020年初頭以来となる50ベーシスポイントの利下げを実施しました。暗号投資家を含む金融市場は、政策立案者が雇用拡大を促進しながらインフレを抑制することを目指しているため、 この動きを予想していました 。 この利下げは、8月の 消費者物価指数(CPI) がインフレ率を7月の2.9%から2.5%に低下させたことを受けてのものです。 雇用市場の低迷... source: https://jp.beincrypto.com/fomc-interest-rate-cut-bitcoin/

According to BlockBeats, on September 19, Ethereum's price has surged past $2400, currently standing at $2401. This marks a 3.48% increase over the past 24 hours.

According to BlockBeats, on September 19, the public blockchain sector experienced notable increases in various cryptocurrencies. SEI is currently priced at $0.3305, marking a 24-hour increase of 20.5%. SUI is now valued at $1.39, reflecting a 24-hour rise of 17.2%. TAIKO has reached a price of $1.89, showing a 24-hour gain of 31.9%. ZETA is priced at $0.7186, with a 24-hour surge of 38.1%.

Google Cloud’s new Blockchain RPC service simplifies Ethereum-based DApp development, offering scalable solutions to address the growing needs of Web3 developers.

The press conference of Federal Reserve Chairman Powell sent out hawkish signals. U.S. stocks continued to rise when he spoke, but then turned around and fell when they realized that something was wrong, returning to the low point before midday. The bond market, gold and foreign exchange markets also made a 180-degree reversal.

Ethena Labs announced this morning that its domain name registration account was recently hacked and has worked with the domain name registrar to regain control of the domain name and blocked the phishing domain name in various services to protect users. They will re-enable the front-end website after completing a full investigation in the next few hours.

Solana breaks 75M monthly active addresses. Will SOL overcome $132 resistance or face more downside? source: https://ambcrypto.com/solana-hits-75m-active-addresses-as-sol-battles-132-level/

OKX market data shows that ETH rose above 2400 USDT and is currently trading at 2403 USDT, with a 24-hour increase of 3.43%.

Federal Reserve, Federal Reserve rate cut: the magnitude is unexpected. Understand it in 10 paragraphs. Golden Finance, the magnitude of this rate cut exceeds the predictions of most economists!

The Federal Reserve announced a 50 basis point rate cut, lowering the federal funds rate target range from 5.25% to 5.5% to 4.75% to 5%.

On September 18, US time, the Federal Reserve announced a 50 basis point interest rate cut at its highly anticipated September interest rate meeting, lowering the target range of the federal funds rate from 5.25% to 5.5% to 4.75% to 5%.

Trump questions the Fed’s rate cut and unveils a crypto platform promising minimal oversight, amid growing concerns about fraud.

Bitcoin's bullish trend aligns with the Fed’s aggressive rate cuts and economic optimism, though election uncertainty looms large.

Although digital currency has reshaped the economic power structure through decentralization, it is essentially still a transfer technology and has failed to solve the trilemma of traditional finance.

With the expectation of the Federal Reserve's interest rate cut and the recovery of the crypto market, DeFi yields may rebound. Projects such as Aave have performed well, and the recovery of the DeFi lending market may attract more investors to return to Ethereum and the crypto credit market.