Consensus, a blockchain technology company, is planning to go public and has appointed JPMorgan Chase and Goldman Sachs as the lead institutions for its initial public offering (IPO). This move marks Consensys' preparation for entering the capital market and may further promote the commercial application of blockchain technology. The subsequent listing time and specific financing scale have not been disclosed yet. (CoinDesk) (AiCoin News)

The global payments firm previously held talks to acquire crypto payment infrastructure startup BNVK, according to reports.

Binance AERO/USDT's perpetual trading volume surged fivefold within 10 minutes, with a turnover of 33.63 million US dollars in the past 24 hours, an increase of 6.59% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Binance contracts ranks first in the world

[The Federal Reserve Cuts Interest Rates by 25 Basis Points Again, NVIDIA's Market Cap Surpasses $5 Trillion] The Federal Reserve has lowered the benchmark interest rate by 25 basis points for the second consecutive time and announced that quantitative tightening (QT) will end starting in December. Federal Reserve Chairman Jerome Powell stated that further rate cuts may be paused in December. As a result, the three major U.S. stock indices showed mixed performance: the Nasdaq Index rose 0.55%, the S&P 500 Index closed flat, and the Dow Jones Industrial Average fell 0.16%. In the tech sector, NVIDIA's stock price rose approximately 3%, with its market capitalization surpassing the $5 trillion milestone for the first time. Apple's stock price saw a slight increase, with its market capitalization closing above $4 trillion for the first time.

[Analyst Says Powell's Remarks Briefly Impacted the Stock Market] Michael Rosen, Chief Investment Officer at Angeles Investments, stated that the rate cut was in line with market expectations, but Powell's remarks dampened the market's optimism for another rate cut in December. Powell's comments indicate divisions within the Federal Reserve regarding further rate cuts, especially in the context of high inflation. Investors should anticipate that inflation may remain elevated for an extended period, limiting the room for monetary easing. As a result, the stock market briefly pulled back, but corporate earnings remain strong, and investment portfolios are still fully allocated.