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The market generally expects that, in response to downside risks in the job market, a 25 basis point rate cut is almost certain.
PayPal and OpenAI have announced a strategic partnership, with ChatGPT integrating a full-featured payment wallet for the first time, enabling users to complete purchases directly within conversations.
The U.S. government shutdown has plunged the Federal Reserve into a "data vacuum," potentially forcing it to make its December interest rate decision without access to key employment and inflation data.
The MetaMask Rewards event will last for 90 days and will distribute more than $30 million worth of $Linea token rewards.
OpenAI is expected to spend $115 billion by 2029, while its revenue this year is projected to be only $13 billion, resulting in a significant funding gap.
The U.S. government shutdown has left the Federal Reserve in a "data vacuum," potentially forcing it to make its December interest rate decision without key employment and inflation information.
In Brief World Liberty Financial is distributing 8.4 million WLFI coins to early USD1 program adopters. Distribution spans six major exchanges with criteria set individually by each platform. USD1 now ranks fifth among stablecoins, following substantial market growth.
- 17:01OpenAI may conduct its IPO as early as 2027Foresight News reported, according to The Wall Street Journal, OpenAI may launch its IPO as early as 2027, which would become one of the largest initial public offerings (IPOs) in history.
- 17:01The probability of a 25 basis point rate cut by the Federal Reserve in October is 98% on Polymarket.Foresight News reported that, according to Polymarket's official website data, the market estimates a 96% probability that the Federal Reserve will cut interest rates by 25 basis points in October. Currently, the total trading volume in this prediction market exceeds $230 millions.
- 17:01Two new addresses received approximately 34,000 ETH worth $135 million from FalconXForesight News reported, according to monitoring by Lookonchain, two newly created wallets (possibly belonging to BitMine) have just received 33,948 ETH, worth approximately $135 million, from FalconX.