1. US ADP Employment Data Unexpectedly Decreased by 32,000 in September, Reflecting a Weak Labor Market

In September, the US ADP employment number decreased by 32,000, far below the expected 50,000, with the previous data showing an increase of 54,000. -Original

2. Federal Reserve Expected to Cut Rates Twice by 25 Basis Points Before Year-End, S&P Predicts Further Cuts in 2026

S&P stated on October 2 that it expects the Federal Reserve to make two rate cuts of 25 basis points each before the end of this year and anticipates a further cut of 50 basis points in 2026. -Original

3. BlackRock Bitcoin ETF Supports Physical Redemption, Attracting Institutional Investor Attention

BlackRock's Bitcoin ETF now allows institutional investors to directly exchange ETF shares for Bitcoin through physical redemption. -Original

4. Strategy Acquired 42,706 Bitcoins in Q3, Total Value Exceeds $5 Billion

According to BlockBeats, on October 1, Strategy acquired 42,706 Bitcoins in the third quarter of 2023, with a total value exceeding $5 billion. -Original

5. UK Government Holds $700 Million in Stolen Bitcoins, Plans to Bolster Treasury Sparks Debate

The UK government is seeking legal avenues to retain approximately $700 million worth of stolen Bitcoins it has seized to bolster the national treasury. These Bitcoins were confiscated during law enforcement actions related to cybercrime cases. This move has sparked discussions in the community regarding the government's transparency and legality in handling crypto assets, with some expressing concerns about its potential impact on market confidence. -Original

6. Polymarket Resumes US Services, Obtains CFTC License to Advance Compliance Development

Polymarket announced that it will resume services for US users through its self-certified market on its CFTC-licensed exchange. Previously, the platform was fined and had some functions suspended by the CFTC due to unregistered prediction market activities. The community has expressed concerns about its compliance while looking forward to a broader market selection after its relaunch. -Original

7. Cathie Wood Claims Bitcoin is Superior to Gold, Emphasizes Its Value Storage Potential

Cathie Wood, founder and CEO of ARK Invest, stated that Bitcoin is superior to gold in every aspect, emphasizing its potential as a value storage tool. -Original

8. Ambrus Studio Secures $15 Million Investment Commitment to Expand Web2 and Web3 Business

Ambrus Studio announced it has secured a $15 million investment commitment from Bolts Capital, which will be used to develop AI-driven games and expand its Web2 and Web3 business. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)

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