AiCoin Daily Report (September 5)

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  1. The probability of the Fed lowering interest rates by 25 basis points in September is 97.6%.

According to CME's "Fed Watch" data, the probability of the Fed keeping interest rates unchanged in September is 2.4%, while the probability of a 25 basis point cut is 97.6%. The probability of maintaining interest rates in October is 1.1%, with the cumulative probabilities of a 25 basis point and 50 basis point cut being 46.7% and 52.1%, respectively. -Original text

  1. The number of initial jobless claims in the U.S. hit a three-month high, indicating a cooling labor market.

Data from September 4 shows that the number of initial jobless claims in the U.S. rose to 237,000 for the week ending August 30, the highest since June, exceeding market expectations of 230,000. The number of continuing jobless claims remained at 1.94 million, indicating signs of cooling in the labor market. -Original text

  1. The SEC Chair stated that regulation of crypto assets is a key priority.

Paul Atkins, the chairman of the SEC, 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 development of rules for the crypto market to enhance investor protection and market transparency. -Original text

  1. The Mega Matrix plan raises $2 billion to support cryptocurrency investments.

The company aims to benefit from the rapid growth of Ethena's digital dollar USDe, aligning with the broader trend of publicly traded companies accumulating cryptocurrencies.

  1. State Street Bank disclosed a Bitcoin exposure valued at $1.8 billion.

According to market news released by The Bitcoin Historian, State Street, which manages $4.3 trillion in assets, has just disclosed an exposure of $1.8 billion in Bitcoin (BITCOIN) through MicroStrategy (MSTR). - Original text

  1. The U.S. Senate is expected to announce the market structure legislation draft as early as today.

On September 5, crypto journalist Eleanor Terrett wrote, "It is said that the U.S. Senate Banking Committee will release the latest market structure legislative draft as early as today, reflecting the feedback gathered before the August recess." -Original text

  1. Over $4.5 billion in crypto options expire, Bitcoin options lean bearish.

According to Deribit data, over $4.5 billion in crypto options will expire on September 4. Among them, the notional value of Bitcoin options is $3.28 billion, with a put/call ratio of 1.38 and a maximum pain point of $112,000; the notional value of Ethereum options is $1.27 billion, with a put/call ratio of 0.78 and a maximum pain point of $4,400. Bitcoin options lean bearish, while Ethereum is more balanced. -Original text

  1. Fireblocks launches a stablecoin payment network, attracting 40 institutions to participate.

Cryptocurrency infrastructure provider Fireblocks has announced the launch of "Fireblocks Network for Payments", which supports cryptocurrency and financial companies in easily transferring stablecoins. The network has attracted over 40 institutions, including Bridge, Zerohash, Yellow Card, and Circle.

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin ()

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