Nomura Securities: Expects the Fed to continue cutting rates by 25 basis points in October and December

On September 18th, as monitored by Onchain Lens, a whale deposited 3.09 million USDC into HyperLiquid and then purchased 54,225 HYPE again. In the past 24 hours, this whale has spent a total of 5.7 million USDC to acquire 101,615 HYPE at an average price of $56.19.

On September 18th, as per the monitoring of LookOnChain, a whale has withdrawn 15,200 ETH from Binance within the past 2 hours. The value of this withdrawal is $70.44 million.

On September 18th, the founder of Binance, CZ, retweeted the all-time high price of BNB. BNB has surged by more than 58% in the past 6 months. In the related tweet, he expressed "Keep Building". According to the market data of HTX, today BNB reached a new all-time high of $997.

September 18: Jean Boivin, who is the Managing Director of BlackRock Investment Institute, expressed that the likelihood of a Fed rate cut is likely to be contingent on whether the labor market remains sufficiently weak. He pointed out that Powell referred to the Fed's latest rate cut as "risk management" in response to the indications of a worsening weakness in the employment market. This may imply that future policy actions will be highly dependent on data performance. Boivin believes that the Fed may encounter pressure in controlling inflation and debt-servicing costs. Although these pressures are subsiding, if the rate cut boosts business confidence and hiring activities, inflation could easily rekindle. In this context, a further weakening of the labor market will provide more grounds for the Fed to cut rates further. (FXStreet)

On September 18th, as per Beincrypto, the Japanese casual clothing retailer Mac House announced that its shareholders' meeting has given the green light to the company's renaming to Gyet Co., Ltd., signifying a strategic shift into the cryptocurrency and digital asset realm. The company's amended articles of incorporation have incorporated a wide range of digital businesses, such as cryptocurrency acquisition, trading, management, and payment services, as well as cryptocurrency mining, staking, lending, and liquidity mining. Furthermore, it includes blockchain system development, NFT-related projects, as well as generative AI and data center operation research. Previously, Gyet had launched a $11.6 million Bitcoin acquisition plan and tested mining operations in US states with relatively low electricity costs like Texas and Georgia, with the aim of holding more than 1,000 BTC.

September 18th. Binance Alpha is scheduled to list Ark of Panda (AOP) on September 19th. Once trading commences, eligible users will be able to participate in the airdrop event by using Alpha Points on the Binance Alpha event page.