AiCoin Daily Report (October 30)

1. The Federal Reserve announces a 25 basis point rate cut to 4% and will end quantitative tightening on December 1

The Federal Open Market Committee (FOMC) of the Federal Reserve issued a statement, deciding to officially end its balance sheet reduction plan on December 1, 2025. Currently, the Federal Reserve is reducing its holdings by $5 billion in U.S. Treasuries (UST) and $3.5 billion in mortgage-backed securities (MBS) each month. This policy adjustment marks a significant shift in the Fed's monetary policy and could have a profound impact on market liquidity and asset prices. -Original text

2. Powell says inflation rate is close to target and states that a December rate cut is not yet determined

Federal Reserve Chairman Powell stated that the inflation rate, excluding tariffs, is not far from the 2% target. -Original text

3. CME data shows a 71% probability of a Fed rate cut in December

On October 30, CME FedWatch data showed that traders have lowered their bets on a Fed rate cut in December, with the probability now at 71%, down from the previous 90%. -Original text

4. Trump grants pardons to several figures in the crypto space, sparking ethical controversy

U.S. President Trump recently granted pardons to individuals in the cryptocurrency sector, including Binance CEO Changpeng Zhao, Ross Ulbricht, and BitMEX executives. This move has sparked widespread discussion about political favoritism and ethical issues within the industry. -Original text

5. Mastercard plans to acquire crypto payment company Zero Hash for $2 billion

Mastercard plans to acquire crypto startup ZeroHash for nearly $2 billion, further expanding its presence in the crypto sector. -Original text

6. Ethereum network stablecoin supply reaches $184.1 billion, hitting a new all-time high

According to Token Terminal chart data, the supply of stablecoins on the Ethereum network is approximately $184.1 billion, reaching a historical high. -Original text

7. Consensys plans U.S. IPO, with JPMorgan and Goldman Sachs as lead underwriters

Consensys, a key participant in the Ethereum ecosystem and developer of the MetaMask wallet, has announced plans for an initial public offering (IPO) in the United States. To advance this capital market strategy, the company has hired JPMorgan and Goldman Sachs as lead underwriters for the IPO. This move marks a further alignment of blockchain infrastructure companies with traditional financial markets and may provide new funding support for its business expansion. -Original text

8. Former FTX US president to launch perpetual contract trading platform supporting traditional assets

Architect Financial Technologies, a startup founded by former FTX US president Brett Harrison, has received approval from the Bermuda Monetary Authority to launch a perpetual contract trading platform called "AX." The platform aims to apply crypto derivatives mechanisms to traditional asset classes such as stocks, forex, interest rates, and commodities, and will support 24/7 trading. The platform will accept fiat and USD stablecoins as margin, aiming to break through the limitations of traditional settlement systems. Future plans include expanding to perpetual contracts for AI economy-related assets, such as rare earths, renewable energy, and data center computing power costs. Architect is headquartered in Chicago and is currently conducting a Series A funding round, with investments from Coinbase Ventures, Circle Ventures, and Anthony Scaramucci's SALT Fund. Harrison stated that the U.S. regulatory environment is becoming more relaxed, and perpetual contracts may usher in new development opportunities in traditional finance. -Original text