CZ Plans to Sue US Senator Elizabeth Warren for Defamation

On October 29th: The market had a widespread expectation that the Federal Reserve would cut interest rates by 25 basis points, adjusting the policy rate to 3.75 - 4.00%. At the same time, it was anticipated that the central bank would announce the end of quantitative tightening (QT). This meeting will not announce the quarterly economic projections. Therefore, the focus will mainly be on Powell's press conference. Federal Reserve Chairman Powell is expected to once again describe the rate cut as a risk management measure. In the absence of key economic data, he will refrain from revealing too much information in order to maintain the stability of market expectations. Currently, the market considers a rate cut in October as a certainty. The probability of a rate cut in December is also close to 100%. By 2026, there is an expected cumulative rate cut of 117 basis points, which is higher than the Fed's projected 75 basis points (Krypton Ten).

On October 29th, based on market data, most pre-market crypto-related stocks in the US stock market have witnessed an increase. The Ethereum Decentralized Treasury (DAT) companies showed mixed performance, which includes: Circle (CRCL) rose by 0.15%; Coinbase (COIN) increased by 0.22%; MicroStrategy (MSTR) went up by 0.44%; MARA Holdings (MARA) rose by 0.9%; Riot Blockchain (RIOT) rose by 0.95%. ETH Decentralized Treasury (DAT) companies: Bitmine Immersion (BMNR) decreased by 0.59%; SharpLink Gaming (SBET) dropped by 0.95%; Bit Digital (BTBT) went up by 0.53%; BTCS Inc (BTCS) rose by 0.52%.

On October 29th, Market analyst Giuseppe stated that yesterday the US automatic data processing company ADP released the four-week US employment data ending on October 11th, 2025. The average weekly addition was 14,250 employment positions, indicating an increase of about 57,000 positions in four weeks. In early October, the Dallas Fed estimated that the current breakeven point is around a monthly increase of 30,000 jobs, and 57,000 is significantly above this level. Due to the absence of government data, the ADP data shows a strong rebound signal, which may cause Federal Reserve Chairman Powell to be more cautious when hinting at a rate cut in December. If this is the case, it will be regarded as a hawkish surprise and will have a significant impact on the market. In addition, the most dovish member of the Fed, Waller (one of the candidates for Fed Chair), also stated that the ADP data is one of the reasons why he supports a rate cut. He recently said, "I still believe we need to cut

On October 29th, according to an official announcement, WEEX has launched Piggycell (PIGGY) spot trading and introduced a 50,000 USDT new user airdrop. Event Duration: 10/29 17:00 - 11/5 17:00 (UTC+8). During the event period, new users with a net deposit of ≥ 100 U and who make their first PIGGY spot trade can receive 10 USDT; new users with any contract trading volume of ≥ 500 U can receive 5-20 U in cash plus 5-10 U in trial funds; new users with any contract trading volume of ≥ 20,000 U can participate in a 20,000 USDT prize pool based on their trading volume share; new and existing users who invite friends to register on WEEX and complete the first two event tasks can receive up to 90 USDT in event rewards for the inviter plus an additional 140 USDT in bonus rewards.

On October 29th, spot gold broke through $4030 per ounce, rising by nearly 2% intraday. The spot silver price increased by nearly 3% to $48.36 per ounce. (Golden Ten)

On October 29th, according to an official announcement, OKX will initiate KITE/USDT perpetual contract trading at 8:30 (UTC+8) at present.