Overview of Major Overnight Developments on October 30
21:00-7:00 Keywords: Consensys, rate cut, Zhao Changpeng, Mastercard 1. The Federal Reserve announced the end of quantitative tightening; 2. The Federal Reserve cut interest rates by 25 basis points as expected; 3. Powell: A rate cut in December is "far from" a foregone conclusion; 4. The probability of a 25 basis point rate cut by the Federal Reserve in December is 67.8%; 5. YZi Labs report: Zhao Changpeng personally holds less than 1% of the BNB supply; 6. Consensys plans to go public in the US, hiring JPMorgan and Goldman Sachs as lead underwriters; 7. "Federal Reserve mouthpiece": The lack of key data at the Fed's October meeting prompted committee members to change their stance; 8. Mastercard plans to spend up to $2 billion to acquire crypto infrastructure startup Zerohash.
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