Overview of Key Overnight Developments on October 30
21:00-7:00 Keywords: Consensys, Optimism, FTX
1. The probability of the Federal Reserve cutting interest rates by 25BP in November is 98.8%;
2. Crypto wallet MetaMask developer Consensys lays off 20% of its staff;
3. The new financial inclusion strategy by the U.S. Treasury does not focus on cryptocurrencies;
4. Florida's Chief Financial Officer advocates for establishing a strategic Bitcoin reserve;
5. The Optimism Foundation agrees to provide Kraken with a grant of 25 million OP tokens;
6. FTX files a lawsuit to recover over $50 million in assets held by KuCoin;
7. The White House: Biden thanks the President of Nigeria for releasing Binance executive Tigran Gambaryan;
8. BTC briefly rose to a high of $73,620 before falling back, just about $150 short of its all-time high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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