Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

Pre-market key news for US stocks is as follows: 1. US September unadjusted annual CPI rose to 3.7%, signaling broad-based inflation across the US, boosting market expectations for Federal Reserve interest rate hikes. 2. Following the release of September CPI data, US three major stock index futures plunged into negative territory, spot gold and silver declined, Bitcoin fell below $83,000, and the probability of a Fed rate hike in October rose to 43.7%. 3. NVIDIA announced that its new DLSS 5 neural rendering model runs twice as fast as the September version, cuts GPU overhead in half, and reduces 4K video memory usage by 20%. The new model will be integrated into games including NBA 2K27 and Hogwarts Legacy. 4. ASML’s CEO stated that equipment supply in 2027 and 2028 will not fully meet demand, with some clients already inquiring about and booking orders for equipment as far out as 2029 or even 2030. 5. Anthropic plans to host a Pre-IPO investor day at its San Francisco headquarters on Wednesday local time, where it will disclose its third-quarter revenue figures for the first time. 6. US federal regulators are reviewing SpaceX’s proposal to significantly expand operations at its Starbase facility in southern Texas. Under the proposal, SpaceX aims to conduct up to 456 launches and 912 landings annually at the site. 7. A SK Hynix executive said AI infrastructure performance and scale will grow roughly 20 times by 2030. He added that the company is developing next-generation memory technologies, including 3D-stacked DRAM and High Bandwidth Flash (HBF), while continuing to improve the performance of its existing HBM products.

Polygon Labs has officially announced the completion of its acquisition of Coinme, with its payment infrastructure Polygon Open Money Stack (OMS) now operating as a U.S.-regulated payment platform. The platform currently covers 48 U.S. states, holds 37 state-level money transmission licenses and 11 exemption qualifications, and is registered as a Money Services Business (MSB) with FinCEN.

Macroeconomist Chris Anstey said Federal Reserve policymakers’ latest communications indicate they have not laid the groundwork for a consecutive interest rate hike in October. Today’s stronger-than-expected core CPI reading may not be enough to alter that stance, but it will reinforce expectations of further policy tightening by the Fed. The September rate hike was almost certainly not a one-off action. Headline CPI rose 3.7% year-over-year, the largest increase since May. This growth also significantly outpaces wage gains, meaning workers’ real incomes are unfortunately shrinking. Average hourly earnings fell 0.7% year-over-year in September. For the U.S. government, this is an unfavorable data point ahead of the midterm elections.

Bank of America forecasts that the Federal Reserve will implement three interest rate hikes by June 2027.

According to market data from BIT (bit.com), the U.S. 10-year Treasury yield rose 10 basis points intraday to 5.31%. The latest yield on the U.S. 2-year Treasury note climbed 12.72 basis points to 4.92%. The sharp rise in U.S. Treasury yields signals that the market expects the Federal Reserve to keep interest rates higher for longer, or that inflationary pressures have not yet fully abated, leading to a drop in bond prices. This will push up costs for mortgages, corporate loans and government debt issuance, while weighing on the stock market—especially growth stocks—and may also strengthen the U.S. dollar.

Following the release of the U.S. September CPI data, according to CME’s FedWatch Tool: The probability that the Federal Reserve will hold interest rates steady in October is 56.3%, while the probability of a cumulative 25 basis point rate hike is 43.7%. For December, the probability of the Fed keeping rates unchanged is 4.3%, the probability of a cumulative 25 basis point hike is 55.3%, and the probability of a cumulative 50 basis point hike is 40.4%.