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[Bitcoin Whale Adds $121 Million in Short Positions] A Bitcoin whale has added $121 million in short positions with 10x leverage, indicating intensified bearish sentiment toward the market. (Cointelegraph)
[Probability of the Federal Reserve Cutting Rates by 25 Basis Points in October Reaches 99.4%] CME data shows that the probability of the Federal Reserve cutting rates by 25 basis points in October is 99.4%, while the probability of maintaining rates unchanged is 0.6%. Additionally, the probability of a cumulative rate cut of 50 basis points by December is 98.6%, and the probability of a cumulative rate cut of 75 basis points is 0.9%.
[Coinbase Proposes Using AI and Blockchain to Reform Anti-Money Laundering Rules for the U.S. Treasury] Coinbase has called on the U.S. Treasury to update anti-money laundering regulations based on the 1970 Bank Secrecy Act, proposing the use of AI and blockchain technology to enhance compliance efficiency. Chief Legal Officer Paul Grewal stated that innovation is a necessary tool to combat crime. The company suggests introducing regulatory 'safe harbors,' recognizing decentralized identity and zero-knowledge proof verification methods, and promoting regulatory sandboxes to test new compliance models. This proposal stands in stark contrast to the Senate's recent strict regulatory proposals for DeFi.
[U.S. Bank Reserve Ratio Drops Below Critical Level of 13%] The reserve ratio of U.S. banks as a percentage of bank assets has dropped below 13%. New York Fed President Williams previously regarded this level as the critical point for reserves being 'adequate.' This change is related to the U.S. Treasury rebuilding its cash balance.
[Decrypt: Bitcoin Mining Companies' Stock Prices Rise Driven by AI and Market Optimism] Bitcoin mining companies' stock prices surged significantly on Monday, with Canaan closing up by 28%. Optimism surrounding the partial resolution of the U.S.-China trade war has driven up the prices of Bitcoin and other cryptocurrencies. Meanwhile, CleanSpark announced its entry into the AI data center sector, further boosting industry confidence. The community remains focused on the potential of combining AI and cryptocurrencies. (Decrypt)
[Decrypt: AI Trading Platforms DeepSeek and Grok Profit, Gemini Faces Challenges] AI-driven cryptocurrency trading platforms DeepSeek and Grok have recently performed strongly, attracting market attention. Meanwhile, cryptocurrency exchange Gemini is facing challenges due to operational issues, impacting its market position. The application of AI technology in the crypto sector continues to expand, but intensified market competition may bring uncertainty. (Decrypt)