Overview of Key Overnight Developments on August 26

21:00 (UTC+8) - 7:00 Keywords: Rate Cut, US SEC, a16z 1. The probability of a Fed rate cut in September is 82.8%; 2. Sequans announces a $200 million equity plan to accelerate its Bitcoin reserve strategy; 3. The acting chairman of the US CFTC may join MoonPay after confirmation as official chairman; 4. The US SEC has postponed decisions on the Canary Spot PENGU ETF and Grayscale Spot Cardano ETF applications; 5. The US SEC has opened a public comment period for the Canary Staked INJ ETF; 6. a16z, together with OpenAI co-founders and others, has established a $100 million AI industry PAC to promote pro-AI policies.