According to CME's "Fed Watch," the probability of the Fed keeping interest rates unchanged in October is 8.1%, and the probability of a 25 basis point rate cut is 91.9%. The probability of the Fed keeping interest rates unchanged in December is 1.5%, the probability of a cumulative 25 basis point rate cut is 24.1%, and the probability of a cumulative 50 basis point rate cut is 74.4%.

According to Whale Alert monitoring, Circle issued an additional 250 million USDC on the Solana network.

According to Whale Alert monitoring, about 4 hours ago, Paxos minted an additional 150 million PYUSD on Ethereum.

U.S. Treasury prices fell as traders digested divergent signals from Federal Reserve officials this week, which have clouded the path of rate cuts. Yields across all maturities rose by about 3 basis points, with the two-year yield, closely tied to Fed policy expectations, rising to 3.60% in New York on Wednesday. Yields on five-year notes remained stable after an auction that saw yields rise by about 0.3 basis points from pre-sale levels. Federal Reserve Chairman Jerome Powell said on Tuesday that the central bank must address both labor market slack and upward inflation risks as it weighs future policy. On Wednesday, Treasury Secretary Benson expressed disappointment, saying Powell had yet to clearly lay out a rate cut agenda. "It's been a bit of a tug-of-war, with disagreements within the committee," said Gregory Faranello, head of U.S. interest rate trading and strategy at AmeriVet Securities. Corporate bond issuance, including one from Oracle, also weighed on Treasury bonds. The software maker plans to raise $18 billion in the U.S. investment-grade bond market on Wednesday, its second-largest bond offering of the year.

San Francisco Fed President Mary Daly said on Wednesday that she "fully supports" the Fed's decision to cut interest rates last week and said further rate cuts may be needed in the future. "Economic growth, consumer spending, and the labor market have all slowed, while inflation has been lower than expected and remains concentrated in sectors directly exposed to tariffs," Daly said of the Fed's rate cut last week. "Economic risks have shifted, and the time to act is now. Looking ahead, further policy adjustments may be needed to provide the necessary support to the labor market while restoring price stability." However, she added that the Fed's forecasts are not commitments and that its goal remains maximum employment and price stability. Daly had previously said that two 25 basis point rate cuts this year were a reasonable forecast, and she did not update that view on Wednesday.

According to the Financial Times, Federal Reserve Chairman Goolsbee warned against a series of interest rate cuts, saying a sharp slowdown in the job market does not signal an imminent recession. Goolsbee supported a 25 basis point rate cut at last week's Federal Open Market Committee meeting. But he recently indicated that he may be less willing to support further rate cuts in the upcoming policy vote. "I would be concerned about prematurely cutting rates too much based on the assumption that [inflation] is likely to be temporary and will subside on its own," he said, adding that many Midwestern businesses remain concerned that inflation is not yet under control. Goolsbee said a new set of labor market statistics compiled by the Chicago Fed, which integrates several economic reports to produce real-time data, shows only a "modest" cooling in the job market and does not indicate that the US economy is in the midst of a sharp slowdown. "Our job market remains generally solid and reliable," Goolsbee said. Goolsbee said he supported last week's rate cut due to signs that Trump's trade war is having less of an impact on inflation than many economists had feared, in part because many of the United States' major trading partners have shown little interest in retaliating against the White House.

Investors are piling into futures tied to the Federal Reserve's benchmark overnight rate at a record pace amid the risk of end-of-quarter tightening in short-term funding markets. Data shows that trading volume in September federal funds futures contracts, used to bet on the direction of the Fed's benchmark overnight rate, has reached nearly 500,000, surpassing the previous all-purpose contract record set on April 3rd, when Trump announced sweeping tariffs, roiling markets. Some market participants worry that dwindling reserves could trigger a surge in funding pressures during the month-end and quarter-end periods, when dealers cut back on repo operations and strengthen their balance sheets to meet regulatory requirements, driving up funding costs. Selling intensified again in early U.S. trading as traders anticipated the effective interest rate could rise to 4.10% by month-end.

According to GMGN data, possibly due to the launch of Moonshot, QTO's market capitalization briefly surged past $58 million, currently at $57.76 million, a daily gain of over 95%. Odaily reminds users that Memecoin prices are highly volatile, so investors should be aware of the risks.

Aster stated that to incentivize real trading behavior, the weight of the Holding Time Score will be increased to 5 times starting today. The longer a user holds a position, the more RH points they will earn.

According to market sources: Tether’s latest valuation would make its chairman the fifth richest person in the world, with a net worth of $224 billion.

Written before Monad TGE, this article analyzes the public chain disruptor that focuses on "high performance + full EVM compatibility".

Interest rate cut, Powell, big pullback after interest rate cut, is the crypto bull market over? Golden Finance, Powell spoke again a week after the interest rate cut, how will the subsequent market trend?

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

The crypto industry values ​​bold leadership and risk-taking, traits that regulatory compliance often stifles.

Ethereum’s Fusaka upgrade is scheduled for the end of 2025 and will “scale and secure” the network through 12 core EIPs.

The analysis pointed out that the "compliance" of AxCNH stablecoin is limited to Kazakhstan, and there are significant legal risks in its cross-border issuance and promotion.

Sui, blockchain, how to understand the "first principles" of the Sui public chain? Golden Finance, how should assets be expressed on the chain?

How are those classic Asian VCs who entered Web3 doing now?

ETH, institutional investors, co-founder of Mechanism Capital: Tom Lee's ETH investment argument is ridiculous. Golden Finance, Ethereum's valuation mainly stems from the financial illiteracy effect.

Behind the ASTER surge: Is it real competitiveness or short-term hype?