[Fed Rate Cut Path Disagreement Intensifies, Meeting Minutes May Clarify Market Expectations]
Fed officials have expressed concerns about inflation's persistence and remain cautious about further rate cuts. U.S. Treasury yields are holding within a narrow range as traders await new market catalysts. Michael Lorizio, Head of U.S. Rates and Mortgage Trading at Manulife Investment Management, stated that the lack of top-tier economic data makes it difficult to assess the current state of the U.S. economy. The upcoming release of the Fed's October meeting minutes may reveal policymakers' stance on a December rate cut and help shape market expectations.
[Jane Street Purchases $13 Million Worth of Mara Holdings Stock]
Financial institution Jane Street has disclosed that it has purchased 1.15 million shares of Bitcoin financial company Mara Holdings (MARA), with a total value of approximately $13 million.
[Bitcoin Falls Below $90,000, Hits New Low Since April]
Bitcoin price has fallen below $90,000 per coin, with a daily decline of 3.21%, continuing to hit a new low since April.
Travis Hill is currently acting chair of the FDIC, which is tasked with insuring bank deposits.In October, Republican Sen. Kennedy threatened not to confirm Hill — airing frustration about not seeing progress at the FDIC following an investigation that found continued discrimination at the agency.Next, the full Senate will vote on his nomination.
OKX-BTC/USDT is currently trading at $89968, a decrease of 0.14% in 5 minutes. Please be aware of market fluctuations.
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[Arthur Hayes Sells 320,000 LDO Tokens Worth Approximately $227,000]
BitMEX co-founder Arthur Hayes sold 320,000 LDO tokens worth approximately $227,000 through Cumberland DRW.