[Monthly Trading Volume in Prediction Markets Reaches $53 Billion, Legal Position in the U.S. Remains Divided] Kalshi and Polymarket recorded a combined trading volume of $53 billion in July this year, calculated based on a face value of $1 per contract at expiration. The U.S. Third Circuit Court of Appeals issued a ruling favorable to Kalshi, but the Ninth Circuit Court of Appeals and the Sixth Circuit Court of Appeals supported certain state governments in applying gambling regulations to sports prediction contracts. The U.S. Commodity Futures Trading Commission (CFTC) is pushing to include event contracts under the federal derivatives regulatory framework, while some members of Congress have proposed legislation to ban sports-related prediction market contracts. The state of New Jersey has requested the U.S. Supreme Court to intervene for review. (Source: Forbes)

Julius Baer expects the Federal Reserve to conduct its final 25 basis point rate hike in December, followed by a longer pause period. The US labor market is cooling down, and the financial situation is tightened by the rise in long-term treasury bond bond yields and the strengthening of the US dollar.

Google Cloud has released the Industry Principal Architect, Web3 position in Hong Kong. Candidates must have institutional level Web3 experience in stablecoin payment networks, tokenized deposits, and digital asset custody. This position is responsible for Google Cloud's technical work in the Asia Pacific Web3, digital asset, and decentralized technology ecosystem, serving clients such as blockchain protocol foundations, institutional exchanges, digital asset custody institutions, and financial institutions promoting RWA tokenization. (Source: Mobile Payment Network)

[Binance Bitcoin Weekly Net Outflow Hits Three-Year High, Whale Stablecoin Inflow Increases by 40%] CryptoQuant data shows that as of the week ending September 27, Binance's Bitcoin net outflow reached 23,137 BTC, marking the highest level since June 2023. Since September 20, Binance's Bitcoin reserves have cumulatively decreased by nearly 40,000 BTC. During the same period, the 30-day rolling stablecoin inflow to whale addresses increased from $21.7 billion to $30.5 billion, a growth of approximately 40%.

Ondo Finance launches its private equity market platform Ondo Private Markets, issuing the first tokenized private equity note linked to a proposed IPO artificial intelligence company. The note is a debt of the issuer and is open to qualified non-U.S. investors in compliant jurisdictions. The total TVL of Ondo token stock and treasury bond bond platform reached US $3.7 billion, with more than 1 million holders. The total market value of tokenized stocks has exceeded 42 billion US dollars, accounting for 35% of the overall tokenized asset market.