1. Probability of a 25 basis point Fed rate cut in September reaches 97.6%
According to CME "FedWatch" data, the probability that the Federal Reserve will keep rates unchanged in September is 2.4%, while the probability of a 25 basis point rate cut is 97.6%. For October, the probability of keeping rates unchanged is 1.1%, with cumulative probabilities of a 25 basis point and 50 basis point rate cut at 46.7% and 52.1%, respectively. -Original
2. U.S. initial jobless claims hit three-month high, indicating a cooling labor market
Data from September 4 shows that U.S. initial jobless claims rose to 237,000 for the week ending August 30, the highest since June and above the market expectation of 230,000. Continuing claims remained at 1.94 million, indicating signs of a cooling labor market. -Original
3. SEC Chairman says crypto asset regulation is a key priority
U.S. SEC Chairman Paul Atkins stated that establishing a clear regulatory framework for the custody and trading of bitcoin and crypto assets is a key priority for the SEC. This indicates that U.S. regulators are accelerating the advancement of crypto market rules to enhance investor protection and market transparency. -Original
4. Mega Matrix plans to raise $2 billion to support crypto investments
The company hopes to benefit from the rapid growth of Ethena's digital dollar USDe, aligning with the broader trend of public companies accumulating cryptocurrencies. -Original
5. State Street discloses $1.8 billion bitcoin exposure
According to market news released by The Bitcoin Historian, State Street, which manages $4.3 trillion in assets, has just disclosed a $1.8 billion bitcoin (BITCOIN) exposure through MicroStrategy (MSTR). -Original
6. U.S. Senate may release market structure legislative draft as early as today
On September 5, crypto journalist Eleanor Terrett posted that "it is heard that the U.S. Senate Banking Committee may release the latest market structure legislative draft as early as today, reflecting feedback from the public consultation before the August recess." -Original
7. Over $4.5 billion in crypto options expire, bitcoin options skew bearish
According to Deribit data, over $4.5 billion in crypto options will expire on September 4. Of these, bitcoin options have a notional value of $3.28 billion, with a put/call ratio of 1.38 and a max pain point at $112,000; ethereum options have a notional value of $1.27 billion, with a put/call ratio of 0.78 and a max pain point at $4,400. Bitcoin options are skewed bearish, while ethereum options are more balanced. -Original
8. Fireblocks launches stablecoin payment network, attracting participation from 40 institutions
Crypto infrastructure provider Fireblocks announced the launch of the "Fireblocks Network for Payments," supporting convenient stablecoin transfers for crypto and financial companies. The network has already attracted participation from over 40 institutions, including Bridge, Zerohash, Yellow Card, and Circle. -Original
