1. Probability of Fed Rate Cut in October Approaches 98%
According to data from the CME FedWatch Tool, there is a 96.7% probability that the Federal Reserve will cut rates by 25 basis points at its October meeting, while the likelihood of maintaining the current rate level is only 3.3%. In addition, the market expects a 94.8% probability that the Fed will cumulatively cut rates by 50 basis points by December. These figures reflect the market's high expectations for further easing of the Fed's monetary policy. -Original
2. Trump’s CFTC Chair Nominee Says U.S. Aims to Be Global Crypto Hub
Michael Selig, the nominee for chairman of the Commodity Futures Trading Commission (CFTC) by President Trump, stated that the United States aims to become the global center for cryptocurrencies. -Original
3. U.S. Senator Recommends Public to Save Bitcoin for Retirement
U.S. Senator Cynthia Lummis said she encourages the public to use bitcoin as a savings tool for the future and retirement planning. She has long supported bitcoin as an investment option. -Original
4. Sharplink Gaming Increases Holdings by 19,271 ETH, Demonstrating Crypto Asset Strategy
Sharplink Gaming has added 19,271 ETH to its strategic Ethereum (ETH) reserves, with a total value of approximately $80.37 million. This move, confirmed by Onchain Lens data monitoring, further demonstrates the company's continued investment in cryptocurrency assets. -Original
5. Bitcoin Options Open Interest Hits Record High of $6.3 Billion
Bitcoin options open interest has reached a record $6.3 billion, with strong bullish sentiment in the market and investors targeting price levels above $120,000. -Original
6. Kyrgyzstan Launches Stablecoin on BNB Chain and Plans to Develop CBDC
Kyrgyzstan has announced the launch of a stablecoin on BNB Chain and plans to develop a central bank digital currency (CBDC) and crypto reserves to promote the development of the domestic digital economy. -Original
7. Bitcoin ETFs and Exchanges Hold 1.69 Million BTC, Institutions Continue to Increase Positions
According to Bitcoin Treasuries data, ETFs and exchanges currently hold a total of 1.69 million bitcoin, indicating continued interest from institutional investors in bitcoin. -Original
8. Solana Co-Founder Questions the Claim That “Layer 2 Inherits Ethereum Security”
Solana co-founder toly posted on X, stating that the claim “Layer 2 inherits Ethereum security” does not hold. He pointed out that during the past five years of Layer 2 network roadmap development, Ethereum circulating through Wormhole on the Solana network and Ethereum on the Base network have faced the same extreme risks. In addition, the revenue brought to Ethereum Layer 1 validators by these networks is also at the same level. He believes that from any perspective, the view that “Layer 2 inherits Ethereum security” does not stand. -Original
