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Federal Reserve official Kashkari stated that the future path of interest rates will depend on economic performance, and the Federal Reserve may need to take more aggressive rate hikes than the market currently expects.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Counter-Strike: FaZe vs. Nemiga - Stake Ranked Episode 4 Playoffs," the "Map 3 Total Rounds: Over/Under 21.5" sub-market's "Over" option win rate has experienced significant fluctuations, soaring from 30% an hour ago to the current 50% (a fluctuation of 20%). Please note the impact of relevant breaking news.

Insiders reveal that Anthropic plans to conduct a massive IPO before the Thanksgiving holiday, with IPO marketing potentially starting as early as the week of November 9.

According to Gate market data, BTC/USDT is currently reported at $85000, with a 24-hour increase of 0.93%.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Dota 2: Aurora vs Team Liquid - BLAST Slam D Group," the "Aurora" option in the sub-market "Game 2 Winner" has experienced a sharp fluctuation in winning probability, soaring from 56.5% an hour ago to the current 71.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

Bitcoin News posted on platform X stating that the Congressional Research Service pointed out in a new report that since 2017, with changes in presidential administrations, federal regulators have repeatedly changed their stance on whether banks can engage in cryptocurrency activities.The report states that Congress could clarify through legislation to explicitly allow or restrict specific activities to reduce the frequent adjustments in regulatory positions. The report mentions the CLARITY Act: the version passed by the House of Representatives would allow banks to use digital assets or blockchain for activities already permitted by current law; the version reported by the Senate committee would explicitly allow 11 types of cryptocurrency activities, including allowing banks to underwrite and trade digital assets more broadly.

Bitcoin Magazine reported that the CEO of the retirement account platform iTrustCapital, which has a scale of 1.3 billion dollars, stated that over 50% of the company's clients are buying Bitcoin.The CEO mentioned that investors have been continuously allocating since the price of Bitcoin fell to a low of 58,000 dollars.

According to data from Freddie Mac, the average interest rate for a 30-year fixed mortgage in the United States rose to 7.28% this week, the highest level since November 2023. The 15-year fixed mortgage rate increased to 6.6%. High interest rates continue to suppress the real estate market, with existing home sales in August declining by 2% month-over-month, equivalent to an annual rate of 3.98 million units.

Variant Fund investment partner Alana Levin stated in her market thoughts for Q4 2026 that the bottom of the crypto market likely occurred at some point in July. She wrote in early July that the bottom seemed close, with Bitcoin at $59,000, Ethereum at $1,600, and ZEC at $420. She mentioned that the question has shifted to whether the bull market is genuinely starting or if it's a false rally, and which projects will benefit the most in the early bull market, assuming the market is in the early stages of a new crypto bull market.Levin indicated that the increasingly formed consensus is that marginal funds are most likely to flow into value storage protocols as currency and protocols that can generate income. She believes Bitcoin is the dominant asset for digital value storage currently, while other competing assets may be valued based on their market capitalization relative to Bitcoin's market cap and its changes. For income-generating protocols, she expects investors to examine whether the income comes from crypto-native activities (like Pump) or traditional financial activities (like Hyperliquid), whether it persists during market downturns, and profit margins; projects with exposure to real-world assets and stablecoin growth, which are expected to attract institutional users and are still led by founders after surviving a bear market, are more likely to achieve higher multiples.She also categorized on-chain projects that can benchmark against non-crypto businesses as a third category, believing that most belong to narrative trading rather than long-term investment. Themes include routing, reasoning, computing power, data collection, and interface-related directions in artificial intelligence, and she is skeptical about whether most scenarios require blockchain; if such projects significantly outperform, she would view it as a signal of nearing the top.

Austrian Bitcoin platform 21bitcoin announced that starting today, it will pay an annual interest rate of 1.21% on customers' uninvested euro balances, allowing customers to choose to receive it in BTC form without any exchange fees. The company claims to be the first service provider in Europe to directly pay savings interest in Bitcoin.The interest covers all euros in the account, including funds waiting for the next savings plan purchase or funds reserved for unexecuted limit orders, with no minimum deposit requirement and no lock-in period. The interest is paid by Germany's Volksbank Raiffeisenbank Bayern Mitte eG, which has held shares in 21bitcoin since 2023. Customers' euros are stored in a demand savings form in the bank's segregated trust account, and 21bitcoin states that it will pass on the full interest to customers without retaining any interest margin.This interest rate is a floating rate, and the interest is subject to German withholding tax. This launch follows the earlier introduction of a zero-fee Bitcoin savings plan earlier this year. 21bitcoin was established in 2021, holds an Austrian MiCAR license, and is authorized by Germany's BaFin, reporting over 100,000 users and a trading volume exceeding 650 million euros.

The New York State Department of Financial Services (NYDFS) and the Wyoming Department of Banking announced the signing of a Memorandum of Understanding (MOU) to coordinate the regulation of cryptocurrency companies operating in both states, covering license approvals, inspections, and potential enforcement actions. This agreement applies to businesses already regulated in either state, as well as companies seeking approval in both locations simultaneously.Under the agreement, the regulatory agencies in both states will share analytical results and historical inspection data to streamline the application process, coordinate inspection timelines, and promote joint inspections of companies operating across state lines. For businesses already regulated in one state, holding an existing license or charter for at least three years, and not subject to enforcement actions, the agreement provides an expedited approval pathway, with the second regulatory agency aiming to make a decision within six months.The MOU also establishes a mechanism for sharing regulatory reports, market trend data, and notifications of potential enforcement actions. Regulatory agencies will regularly share investigative information and may take enforcement actions jointly, coordinately, or separately. This move connects two states that have historically taken different approaches to cryptocurrency regulation: New York has maintained the BitLicense regime since 2015, while Wyoming has accommodated digital asset businesses through cryptocurrency-related laws, regulations, and specialized banking charters.

According to Drift Foundation monitoring, DFX claims and redemptions are now online. Users who have verified losses from the April 1 incident can receive 1 DFX for every 1 USDT lost. Each DFX corresponds to a claim on the Recovery Pool, which currently contains approximately 3.11 million USDT. The funding sources include a portion of the daily net income from the Velocity protocol, up to 127.5 million USDT from Tether, up to 20 million USDT from strategic partners, and assets recovered subsequently.DFX can be redeemed for USDT based on the formula "Recovery Pool balance ÷ DFX outstanding supply." The redeemed DFX will be destroyed, and the transaction is irreversible. The claims window will close on January 1, 2028, at 00:00 UTC, at which point any unclaimed DFX will be destroyed. Yesterday, the Drift Foundation announced the progress of fund recovery from the April 1 security incident, revealing that approximately 295 million dollars of user assets were stolen. The foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct investigations and fund tracking, with Mandiant identifying the attacker as the North Korean threat group UNC6862.

Arbitrum released data indicating that the overall network revenue in September exceeded 5 million dollars, reaching 5.45 million dollars, setting a historical record.Data shows that most of its revenue comes from Orbit authorization fees, amounting to 4.75 million dollars, which may be related to the booming trading on the Robinhood chain during that month.

NEAR co-founder Illia Polosukhin stated that NEAR Intents and near.com have resumed operations, but some related services of the affected networks are still restricted.Illia mentioned that the approximately $3.8 million attack exploited vulnerabilities in the Omni deposit and withdrawal infrastructure and the interaction with NEAR Intents smart contracts, with the impact limited to USDT on BSC. The NEAR core protocol, NEAR tokens, and other applications were not affected, and affected users will receive full compensation.

According to Raydium's official citation of Blockworks data, the monthly trading volume of tokenized stocks on Raydium in September rose to approximately $2.8 billion, setting a new historical high, a significant increase from about $500 million in August.Raydium stated that September was a strong month for its tokenized stock trading performance.

According to Catcher Predict monitoring, in the market prediction event "Germany vs. Serbia - More Markets" on Polymarket, the "Over" option in the sub-market "Second Half O/U 1.5" has experienced significant fluctuations in winning probability, soaring from 61% an hour ago to the current 76.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

The yield on the 2-year U.S. Treasury bond fell by 7.28 basis points during the day, reporting at 4.814%. The 10-year yield dropped by 2.07 basis points, reporting at 5.272%. The 20-year yield decreased by 1.19 basis points, reporting at 5.674%. The yield on the 30-year Treasury bond fell by 0.58 basis points, reporting at 5.633%.

ARK Invest's Director of Digital Asset Research Lorenzo Valente published a discussion on the synthetic dollar protocol Ethena: tokenized stocks are changing the landscape in which ENA operates. He stated that the supply of USDe had bottomed out at $3.8 billion and has now risen by about 30%, recovering to nearly $5 billion.Lorenzo Valente: The inverted or low funding rates in the crypto market have forced more USDe collateral to shift towards off-chain yields such as government bonds, with sUSDe's average annualized rate once approaching or falling below SOFR; the market capitalization has remained stable over the long term, and the open interest has also limited the pace of expansion. He noted that basis trading has rebounded to about 20% of the collateral and is growing rapidly, with the U.S. stock market size at approximately $70 trillion, averaging over 8% annual growth. Continued bullish demand is expected to bring sustained positive funding rates, with lower stock volatility and lower hedging costs.He believes this is the first clear path for USDe to expand its supply to over $20 billion, and reaching $30 billion to $40 billion in the next 12 to 18 months would not be surprising, as the upper limit has shifted from crypto open interest to tokenized stock open interest. He also mentioned that Ethena's infrastructure and operations have been validated, and it is expected that Ethena Pay will further drive USDe from the demand side, with the chains, protocols, and vaults supporting USDe's supply and circulation strategies becoming the main beneficiaries.

According to The Block, shareholders of Armada Acquisition Corp. II have approved its business combination with XRP Treasury company Evernorth, clearing a key step for the latter's listing on Nasdaq.The transaction is expected to raise approximately $300 million in total cash proceeds, with investors also contributing in physical XRP. Upon completion of the transaction, Evernorth is expected to hold approximately 473 million XRP. The transaction is expected to be completed on October 7, and the combined company plans to trade under the ticker XRPN starting October 8.

In September, the growth of U.S. manufacturing accelerated, with the PMI reaching its highest level since May 2022. A surge in new orders prompted factories to increase production and hire more workers, leading to a rise in order backlogs and suppliers becoming increasingly busy.Despite a decline in export orders, increased safety stock supported demand. Economic growth accelerated, hiring increased, and prices rose, leading the market to speculate that the Federal Reserve may raise interest rates further.