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Tonight, prior to the release of the CPI data, the probability of another 50 basis point interest rate cut within the year is reported to be 93.4%.

14 hours ago

On October 24th, according to CME's "FedWatch" tool, prior to the release of tonight's CPI data, the likelihood of a 25-basis-point Fed rate cut in October stands at 98.3%, while the probability of rates remaining unchanged is 1.7%. The probability of a cumulative 50-basis-point rate cut by the Fed by December is currently 93.4%, the probability of a cumulative 25-basis-point cut is 6.5%, and the probability of rates staying the same is 0.1%. The dates of the next two FOMC meetings are October 29th and December 10th.
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Trump-Owned Drone Company Wins Pentagon's Largest-Ever Contract

On October 25th, Trump's drone company, Unusual Machines, won the largest contract in the history of the Pentagon. As a result, Unusual Machines saw a 14% surge and then trading was halted.

30 minutes ago

Tom Lee: Bitcoin's Four-Year Cycle Pattern Has Been Broken, But a 50% Correction is Still Possible

On Thursday during an interview with cryptocurrency entrepreneur Anthony Pompliano, Tom Lee said on October 25th: "I'm confident that Bitcoin will experience a 50% correction. Stock market corrections of 25% are occurring more frequently. Over the past six years, the stock market has made significant progress; we have witnessed abnormally large 25% corrections. Therefore, if the S&P 500 drops by 20 points, Bitcoin could fall by 40 points." Tom Lee also mentioned that Bitcoin has already disrupted its typical four-year cycle, suggesting that a "longer cycle" is taking shape.

30 minutes ago

Coinbase Prime Adds Custody Support for APR, BNB, and weETH

On October 24th, Coinbase Institutional announced on the X platform that aPriori (APR), BNB (BNB), and weETH (wETH) have now become available for custody on Coinbase Prime.

30 minutes ago

Resupply has initiated a proposal in the Curve community, suggesting the minting of 5 million crvUSD to supply the sreUSD LlamaLend market.

On October 24th, the lending protocol based on Llamalend, Resupply, launched a new proposal within the Curve community. It proposed to mint 5 million crvUSD and supply it directly to the sreUSD Llamalend market. The purpose of this proposal is to strengthen the overall supply system by enhancing the dynamics among reUSD, sreUSD, and crvUSD.

30 minutes ago

CLANK is still on the rise, with a 24-hour increase of 184%.

On October 24th, based on market data, CLANKER keeps rising. It is currently trading at $69.25, with a 24-hour price increase of 184%. Earlier reports indicated that Clanker will enter the Farcaster ecosystem, and the protocol fees will be used to repurchase the held CLANKER tokens.

30 minutes ago

Tether CEO: Expects $15 Billion Profit This Year, With a Whopping 99% Profit Margin

On October 24th, according to Paolo Ardoino, the CEO of Tether, Tether is anticipated to achieve a profit of $15 billion by the end of the year, and the profit margin is as high as 99%.

30 minutes ago

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