IREN Declines 6% on $875M Convertible Note Offering

[BSC On-Chain DEX 24-Hour Trading Volume Reaches $4.141 Billion] According to DefiLlama data, on October 8, the 24-hour trading volume of decentralized exchanges (DEX) on the BSC chain reached $4.141 billion, surpassing Solana's $4.074 billion and ranking first.

1. The probability of the Federal Reserve cutting interest rates in October is 94.6%, and further easing may occur in December 2. UAE Kanu Group announces purchase of Bitcoin, managing assets worth $20 billion 3. SpaceX holds $1 billion worth of Bitcoin 4. DePIN project Grass completes $10 million bridge financing, with participation from Polychain and others 5. Federal Reserve Board Members Warn of Increased Policy Tightening Risks from Neutral Rate Decline 6. Nakamoto plans to issue $250 million in bonds to increase its holdings of Bitcoin 7. ZKsync releases upgraded version of Atlas to enhance enterprise blockchain performance 8. Japanese Remixpoint increases holdings of 18.54 bitcoins, rising to 41st place globally The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/491546

Binance SOL/USDT is currently trading at $219.82, a decrease of 0.24% in 5 minutes. Please pay attention to market fluctuations.

[Probability of Fed Rate Cut in October Reaches 94.6%, Further Easing Possible in December] According to CME's 'FedWatch' data, the probability of the Federal Reserve cutting rates by 25 basis points in October is as high as 94.6%, while the probability of keeping rates unchanged is only 5.4%. Looking ahead to the December meeting, the probability of maintaining rates remains at just 0.6%, the probability of a cumulative 25 basis point rate cut is 16.0%, and the probability of a cumulative 50 basis point rate cut has significantly increased to 83.4%. These figures reflect market expectations for further monetary policy easing by the Federal Reserve in the future.

The current price of ETH is $4455.93, with a drop of 5.18% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.57 million US dollars, with multiple orders being the main liquidation and 2.19 million US dollars (20.76%) of ETH liquidation. The data is for reference only.