Simplified Blockchain Daily: S&P expects two more 25 basis point rate cuts by the Fed before the end of this year.

S&P: It is expected that the Fed will have two more 25 basis point rate cuts before the end of this year.

Base Protocol Head: Base's independent trading volume for stablecoins in September reached $81 million, while the monthly trading volume for ecological stablecoins reached $1.5 trillion;

The U.S. Senate will pause the voting on the government funding bill on the 2nd.

Polymarket is about to reopen to U.S. users;

The RWA asset investment platform WLTH has opened for Chinese users to purchase tokenized SpaceX, with over 73,000 investors already.

The proportion of US dollars in global central bank foreign exchange reserves has dropped to a thirty-year low, with the depreciation of the dollar being the main reason;

JPMorgan: The total market capitalization of 14 U.S. listed Bitcoin mining companies reached $56 billion in September, setting a new historical high;

After the ADP announcement: The probability of a Fed rate cut in October rises to 99%;

The NFT Strategy sector continues to rise, with PNKSTR's market capitalization reaching $140 million, setting a new historical high.

Bit Digital CEO: Guaranteed debts may destroy DAT company during a bear market, and leverage risks should be considered cautiously.