Summary of Important Events in the Overnight Financial Market as of #数字资产市场反弹

There is a significant development in the stablecoin sector, as Tether has just completed the issuance of 1 billion USDT, which may have a substantial impact on liquidity.

The Chicago Mercantile Exchange ( CME ) has officially launched Solana and Ripple options trading products, further expanding its cryptocurrency derivatives business.

The precious metals market has performed brilliantly, with gold prices breaking through the important threshold of 4100 USD, accumulating a rise of over 56% since the beginning of this year, demonstrating strong demand for safe-haven assets.

In terms of monetary policy, the market generally expects the Federal Reserve to implement a 25 basis point rate cut at the October meeting, with current market pricing indicating a likelihood as high as 98.3%.

At the same time, Federal Reserve official Paulson publicly expressed support for continuing to implement two rate cuts in 2025, each by 25 basis points, reflecting the decision-makers' cautious attitude towards the economic outlook.

In the field of corporate financing, Empery Digital, which focuses on Bitcoin financial management, has successfully obtained an additional credit line of $100 million, enhancing its business expansion capabilities.

On the financial giant side, JPMorgan has confirmed that it will open Bitcoin and cryptocurrency trading services to its clients. However, it is worth noting that its crypto asset custody service is still in the preparation stage and has not been officially launched.