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1Bitget Daily Report (October 29)|Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
Flash
- 12:46BlackRock: Reports of strategic investment in Treasure NFT are falseJinse Finance reported, citing market sources: Recently, a series of false posts have appeared, claiming that BlackRock has made a strategic investment in TreasureNFT. This information is untrue. BlackRock has no association with TreasureNFT.
- 12:45Fed Decision Preview: Market Focus on Powell's Press ConferenceJinse Finance reported that the market generally expects the Federal Reserve to cut interest rates by 25 basis points, adjusting the policy rate to 3.75-4.00%. At the same time, it is expected that the central bank will announce the end of quantitative tightening (QT). This meeting will not release the quarterly economic outlook report, so the main focus will be on Powell's press conference. It is expected that Federal Reserve Chairman Powell will once again characterize the rate cut as a risk management measure and, in the absence of key economic data, will not disclose too much information in order to maintain stable market expectations. The current market expectation is that a rate cut by the Federal Reserve in October is a certainty, and the probability of a rate cut in December is also close to 100%. By 2026, a cumulative rate cut of 117 basis points is expected, higher than the 75 basis points projected by the Federal Reserve. (Golden Ten Data)
- 12:22Ironlight approved to operate an alternative trading system for tokenized securities in the USAccording to ChainCatcher, Ironlight Markets, a subsidiary of Ironlight Group, has received FINRA approval to operate a US-regulated Alternative Trading System (ATS) for trading traditional securities and tokenized securities. It is reported that Ironlight's ATS combines a centralized order book with atomic on-chain settlement, enabling real-time trading and clearing. The system allows banks, brokers, and registered investment advisors to connect via FIX or API interfaces, thereby bringing blockchain efficiency to regulated markets.