1. Probability of Fed Rate Cut in October Reaches 94.6%, Further Easing Expected in December
According to CME "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in October is as high as 94.6%, while the probability of maintaining current rates is only 5.4%. Looking ahead to the December meeting, the probability of keeping rates unchanged drops to 0.6%, the probability of a cumulative 25 basis point rate cut is 16.0%, and the probability of a cumulative 50 basis point rate cut rises significantly to 83.4%. These figures reflect market expectations for further monetary policy easing by the Federal Reserve. -Original
2. UAE Kanoo Group Announces Bitcoin Purchase, Assets Under Management Reach $20 Billion
According to Jinse Finance, UAE family office Kanoo Group has announced that it is buying bitcoin, with assets under management reaching $20 billion. -Original
3. SpaceX Holds $1 Billion Worth of Bitcoin
According to Jinse Finance, SpaceX, owned by Elon Musk, currently holds $1 billion worth of bitcoin. -Original
4. DePIN Project Grass Completes $10 Million Bridge Financing, Polychain and Others Participate
Solana ecosystem-based DePIN project Grass has completed $10 million in bridge financing, with investors including Polychain and Tribe Capital. It is reported that Polychain previously participated in Grass's seed and Series A rounds, marking its third time supporting the project. -Original
5. Fed Governor Warns Decline in Neutral Rate Increases Policy Tightening Risk
Fed Governor Milan pointed out that the decline in the neutral rate has made current monetary policy more restrictive. He emphasized that failure to appropriately adjust monetary policy could pose certain risks. Nevertheless, he remains optimistic about the inflation outlook and is more confident compared to many other views. At the same time, he cautioned that continued tightening could bring potential risks and vigilance is needed. -Original
6. Nakamoto Plans to Issue $250 Million Bonds to Increase Bitcoin Holdings
According to BitcoinTreasuries.NET, Nakamoto $NAKA, in cooperation with Antalpha, plans to issue $250 million in convertible bonds to increase its bitcoin holdings. -Original
7. ZKsync Releases Atlas Upgrade to Enhance Enterprise Blockchain Performance
ZKsync has launched the Atlas upgrade for ZK Stack, providing more efficient blockchain infrastructure for enterprises and institutions. The new version features a high-performance sequencer capable of processing 25,000 to 30,000 transactions per second and is fully compatible with the Ethereum ecosystem. In addition, Atlas integrates a new proof system, Airbender, enabling sub-second transaction confirmation and faster cross-chain settlement, further meeting the needs of enterprise-level blockchain applications. -Original
8. Japan's Remixpoint Increases Bitcoin Holdings by 18.54 BTC, Rises to 41st Globally
According to Jinse Finance, Japanese company Remixpoint recently purchased 18.54 BTC, increasing its total holdings to 1,368.8 BTC and raising its global ranking to 41st. -Original