[The Federal Reserve lowers the benchmark interest rate by 25 basis points, in line with expectations] The Federal Reserve announced a 25 basis point reduction in the federal funds rate to 3.75%~4%, in line with expectations.

[Coinbase to Launch Meteora Perpetual Contracts on October 30] Coinbase announced that it will launch Meteora (MET) perpetual contracts on October 30, with the MET-PERP market expected to open at 16:00 (UTC) or later on the same day. The exact launch time will depend on whether liquidity conditions are met and whether the trading region supports the relevant market.

The fund offers exposure to collateralized loan obligations, with onchain capital allocator Grove planning a $100 million anchor investment.

US President Trump recently granted amnesty to individuals in the cryptocurrency industry, including Binance CEO Zhao Changpeng, Ross Ulbricht, and BitMEX executives, sparking widespread discussions on political bias and industry ethics issues. (Cointelegraph) (AiCoin News)

[Analysis Suggests the Federal Reserve May Ease Monetary Policy Amid Rising Inflation] Investment firm Aureus Asset Management believes that the Federal Reserve may ease monetary policy in the face of rising inflation. The market expects the Fed to cut interest rates at least before December. However, the risk of rising inflation remains high. Despite tariff negotiations, prices remain elevated. The firm stated that the volatility of fixed-income assets may decrease, differing from the past when the focus was primarily on going long on stocks.