1. Powell may consider interest rate cuts in December, Fed policy remains tight, analysis suggests potential for over 150 basis points cut next year
The Fed's spokesperson revealed that Powell may choose to cut interest rates in December, but the current policy tone remains tight. -Original
2. BlackRock deposits 4,471 BTC into Coinbase Prime, valued at $390.8 million
According to Lookonchain monitoring, BlackRock has deposited 4,471 BTC into Coinbase Prime, valued at $390.8 million. -Original
3. U.S. lawmakers propose accepting Bitcoin for tax payments to establish a national Bitcoin reserve
U.S. Congressman Warren Davidson stated that the U.S. could establish a national Bitcoin reserve by accepting Bitcoin for tax payments. -Original
4. Binance accused of assisting terrorist organization funding, sued by U.S. victims
306 American victims and their families from the 2023 Hamas attack on Israel have sued Binance and its founder Changpeng Zhao in federal court in North Dakota, accusing them of assisting Hamas and other terrorist organizations in handling over $1 billion in funds, including more than $50 million still circulating after the attack. Although Zhao pleaded guilty in 2023 and was pardoned by President Trump after serving four months, the lawsuit claims Binance continues to support illegal funding activities, with plaintiffs seeking damages and triple punitive damages. -Original
5. Gold prices rise, dollar index approaches 100 mark, market volatility intensifies
Expectations of Fed interest rate cuts continue to impact the market, with international spot gold and silver prices rising, and the dollar index approaching the 100 mark. Additionally, Japanese authorities may face risks of counterproductive intervention. -Original
6. Russia announces expansion of cryptocurrency investment options, details not yet disclosed
Russia has announced the expansion of investment options related to cryptocurrencies, with specific details yet to be disclosed. -Original
7. Singapore Exchange Bitcoin and Ethereum perpetual futures first-day trading volume reaches $35 million
The first-day trading volume of Bitcoin and Ethereum perpetual futures on the Singapore Exchange approached 2,000 contracts, with a nominal trading value of approximately $35 million. -Original
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