【AiCoin丨October 29 Snapshot: The Federal Reserve maintains the benchmark interest rate in the range of 3.75%-4.00%, suggesting a possible rate hike in December】

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1. The Federal Reserve keeps the benchmark interest rate unchanged in the range of 3.75%-4.00%, hinting at a possible rate hike in December

The Federal Reserve maintains the benchmark interest rate in the 3.75%-4.00% range, aligning with market expectations.  -Original

2. Bessent: Cryptocurrency Stablecoins Can Enhance the Global Dominance of the Dollar

U.S. Treasury Secretary Bessent stated that cryptocurrency stablecoins can enhance the global dominance of the dollar.  -Original

3. Spot Gold Rises $7 in the Short Term, Currently at $4043 per Ounce

With the Federal Reserve keeping interest rates unchanged, spot gold rises $7 in the short term, currently at $4043 per ounce.  -Original

4. The Bank of Canada Raises Interest Rates by 25 Basis Points to 2.50%

The Bank of Canada raises the benchmark interest rate by 25 basis points to 2.50%, in line with market expectations.  -Original

5. Wall Street Funds Withdraw from Bitcoin ETF, Sovereign Funds Enter

Wall Street funds withdraw from Bitcoin ETF, while sovereign funds begin to enter the market.  -Original

6. Fidelity Investments Acquires $24.5 Million in Bitcoin ETF

Managing $5 trillion in assets, Fidelity Investments has purchased $24.5 million worth of bitcoin for its Bitcoin ETF.  -Original

7. Google Cloud Launches Preview of Bitcoin Custody Service

Google Cloud has launched a preview of a Bitcoin custody service that allows institutions to sign transactions without having full control of private keys.  -Original

 

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

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