Goldman Sachs predicts the Federal Reserve will keep interest rates unchanged this week and raise rates in December.

The market widely expects the Federal Reserve to keep interest rates unchanged at its FOMC meeting this week, October 27-28. Fed Chairman Kevin Warsh will need to explain the logic behind not raising rates amid inflationary pressures and address political pressure. Previous statements from New York Fed President Williams, Vice Chairman Jefferson, and Governor Waller have reduced the probability of an October rate hike. Stephen Stanley, chief economist at Santander U.S. Capital Markets, expects rates to remain unchanged this week but believes a rate hike in December is still possible. (Source: The New York Times) AI Interpretation: The Fed's decision to maintain the current interest rate stance aligns with market consensus, reflecting its cautious position in seeking a balance between inflation and economic growth. Officials successfully guided market expectations through consistent dovish statements, effectively easing pressure for short-term rate hikes. The current policy path clearly points to maintaining high interest rates to observe the lagged effects on the economy, providing a window of opportunity for subsequent monetary policy adjustments. The market has shifted its focus from this month's decision to the interplay of future rate hike paths, and volatility stemming from policy uncertainty is significantly decreasing.

Shana Bautista, Global Head of Intelligence and Investigations at Polymarket, stated that Polymarket has investigated dozens of betting cases related to the midterm elections, with at least two cases referred to the U.S. Commodity Futures Trading Commission (CFTC). Polymarket is using its election monitoring system to detect suspicious transactions and combat insider trading and market manipulation. (Source: NPR)

Binance will update the cross-margin lending and transfer collateral ratios, unified account collateral ratios, and unified account Pro tiered collateral ratios for PUMP, POLYX, and ONG at 14:00 on October 30, 2026, which is expected to be completed within 30 minutes. The PUMP collateral ratio will be increased from 50% to 60%, and the POLYX and ONG collateral ratios will be increased from 10% to 30%. Users should pay attention to the unified maintenance margin ratio (uniMMR).

[Thailand Launches Digital Wallet App WORPT, Supporting Stablecoin Exchange for Thai Baht Payments] Thailand has launched a digital wallet app, WORPT, allowing foreign tourists to exchange stablecoins such as USDT and USDC for Thai baht and make payments to local merchants via the Thai QR Promptpay network. The app was launched under the Thai Securities and Exchange Commission's (SEC) Tourist Digipay regulatory sandbox program and was jointly developed by Waan Exchange and Wipay, with partners including USDT issuers, The Mall Group, and Visa. Local merchants do not directly accept cryptocurrencies; payments are settled in Thai baht through standard payment systems. WORPT plans to launch physical and virtual Visa prepaid cards and will hold an official launch event in November 2026. (Source: (Bitcoin.com) News)

[Spanish Police Investigation Reveals $1.1 Billion in Bitcoin Transferred After Arbistar Collapse] An investigation by the Spanish Civil Guard has revealed that 881 bitcoins were transferred to external wallets when the cryptocurrency platform Arbistar collapsed in September 2020. From January to March 2021, wallets associated with the main defendants saw a cumulative inflow and outflow of over 20,000 bitcoins, worth over $1.1 billion. The platform was classified as a Ponzi scheme, involving 32,000 investors, with approximately $1 billion in investor funds unaccounted for in 2020. Founder Santiago Fuentes Jover and partner Diego Fernández Nojarova were sentenced to 16 and 11 years in prison, respectively. (Source: Bitcoin.com News)