Overnight important developments on October 7th
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Wall Street interprets the Federal Reserve decision as more dovish than expected
The market originally expected a "hawkish rate cut" from the Federal Reserve, but in reality, there were no additional dissenters, no higher dot plot, and the anticipated tough stance from Powell did not materialize.
The Federal Reserve cuts rates again but divisions deepen, next year's path may become more conservative
Although this rate cut was as expected, there was an unusual split within the Federal Reserve, and it hinted at a possible prolonged pause in the future. At the same time, the Fed is stabilizing year-end liquidity by purchasing short-term bonds.
Betting on LUNA: $1.8 billion is being wagered on Do Kwon's prison sentence
The surge in LUNA’s price and huge trading volume are not a result of fundamental recovery, but rather the market betting with real money on how long Do Kwon will be sentenced on the eve of his sentencing.
What is the overseas crypto community talking about today?
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