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Quick Take Summary is AI generated, newsroom reviewed. The conclusion of the 120-day OCC review for Ripple National Trust Bank is set for October 30. Approval could allow Ripple to manage digital assets under a national banking license and integrate its blockchain with the U.S. financial system. Ripple's strong compliance and utility-based approach, including its RLUSD stablecoin, may fast-track the approval process. The potential bank approval is seen by investors as a major validation of Ripple's long-te
Trump's "appointed" board member Milan, like last time, advocated for a 50 basis point rate cut, while another committee member, Smith, supported holding steady.
The article explores the true motivation behind the change in the Federal Reserve chair, pointing out that the core issue is the massive U.S. national debt and fiscal deficit, rather than inflation. Trump has hinted at the possibility of using cryptocurrencies to address the debt problem, and the next chair may promote the integration of digital assets as national financial tools. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still in the process of iterative improvement.
How does it bring together Base, pump.fun, and Solana for a joint performance?
As Truth Predict is launched, Polymarket is planning to return to the US market.
With the shadow of the SEC lawsuit in the United States now lifted, Ripple Labs—long positioning itself as a blockchain payments company but with little actual business—has finally embarked on an acquisition path, moving towards building a multi-billion dollar, truly substantial cryptocurrency empire.
Crypto whales are quietly repositioning after the Fed’s 25-basis-point rate cut, accumulating select tokens showing early strength. Cardano, Ethena, and Aster are emerging as top targets, each flashing signs of recovery while testing key supports that could decide November’s next big moves.
- 17:11The three major U.S. stock indexes have turned lower, with the S&P 500 down 0.3%.ChainCatcher news, according to Golden Ten Data, the three major U.S. stock indexes have turned lower: the S&P 500 index is down 0.3%, the Nasdaq index is down 0.5%, and the Dow Jones index is down 0.2%. Nvidia (NVDA.O) has extended its decline to 1% after previously rising more than 5%.
- 17:01A whale shorted 1,232 BTC with 20x leverage, with unrealized profits reaching $28.7 million.According to ChainCatcher, monitored by Lookonchain, a whale (0x5D2F) has shorted 1,232 BTC (worth $108.63 millions) with 20x leverage, currently holding over $28.7 millions in unrealized profit. Limit orders have been placed between $75,819 and $79,919 to take profit.
- 16:53Numerai completes $30 million Series C funding roundJinse Finance reported that Numerai has completed a $30 million Series C funding round at a $500 million valuation, led by several university endowment funds. Union Square Ventures, Shine Capital, and Paul Tudor Jones also participated. The new funds will be used to expand the engineering and R&D teams, and a new office will be opened in New York City.