The Fed is raising interest rates for the first time in three years! The overall market is getting stabbed with needles up and down, but the “Strategic Bitcoin Reserve Bill” somehow passes?
1⃣ The Fed’s FOMC unanimously raised interest rates by 25 basis points to 3.75%—4.00%, the first hike since July 2023. The dot plot shows 16 officials expect at least one more rate hike in 2026.
2⃣ In a post-meeting press conference, Wosh said rate hikes cannot directly change single prices like oil prices. However, the Fed will prevent supply shocks such as energy from spreading into a second-round inflation wave, and emphasized it will not pre-commit to a future path.
3⃣ The U.S. House of Representatives passed the Lindsey Graham version of the “Sanctions on Russia and Iran Act,” authorizing Trump to impose up to a 100% additional tariff on countries such as India and China for purchasing Russian oil and gas. The target was also expanded to Russia’s energy and its shadow fleet.
4⃣ After an attack on the Saudi East-West oil pipeline, recovery is still underway. Allegedly, Aramco has paused supplying crude oil to Indian refineries. Brent/WTI briefly held above $100, and oil-price shocks continue to influence inflation and rate-expectation outlooks.
5⃣ After the interest-rate announcement, Bitcoin first surged to around $76,500, then fell back to about $75,000, before quickly rebounding again. Its latest price is around $76,300. In the past 18 hours, price fluctuations have been driven mainly by the FOMC and oil-price risk.
6⃣ The U.S. House Financial Services Committee passed the “U.S. Reserves Modernization Act” with 28 ayes and 21 nays, pushing the strategic Bitcoin reserves to the next stage of the legislative process.
7⃣ The bankruptcy administrator overseeing Celsius sued related BitMEX entities in the U.S. District Court for the Southern District of New York, alleging that during the market crash in March 2020 there was manipulation and improper forced liquidation, and demanding the return of 6,360 BTC, about $495 million.
8⃣ Fidelity’s spot Bitcoin ETF FBTC recorded a net outflow of $52.7 million on September 16. glassnode said that after spot Bitcoin ETFs briefly returned for three weeks, they have once again turned to net redemptions.
9⃣ Vitalik refuted the view that “AI hackers will cause network security to collapse,” saying AI can be used to verify the security of entire programs, and that this is a key direction for Ethereum’s development in the coming years.
🔟 Google DeepMind launched the DeepMind Institute, led by Shane Legg, James Manyika, and Demis Hassabis, focusing on technical challenges, social impacts, and cross-disciplinary research in the AGI era.
1⃣ The Fed’s FOMC unanimously raised interest rates by 25 basis points to 3.75%—4.00%, the first hike since July 2023. The dot plot shows 16 officials expect at least one more rate hike in 2026.
2⃣ In a post-meeting press conference, Wosh said rate hikes cannot directly change single prices like oil prices. However, the Fed will prevent supply shocks such as energy from spreading into a second-round inflation wave, and emphasized it will not pre-commit to a future path.
3⃣ The U.S. House of Representatives passed the Lindsey Graham version of the “Sanctions on Russia and Iran Act,” authorizing Trump to impose up to a 100% additional tariff on countries such as India and China for purchasing Russian oil and gas. The target was also expanded to Russia’s energy and its shadow fleet.
4⃣ After an attack on the Saudi East-West oil pipeline, recovery is still underway. Allegedly, Aramco has paused supplying crude oil to Indian refineries. Brent/WTI briefly held above $100, and oil-price shocks continue to influence inflation and rate-expectation outlooks.
5⃣ After the interest-rate announcement, Bitcoin first surged to around $76,500, then fell back to about $75,000, before quickly rebounding again. Its latest price is around $76,300. In the past 18 hours, price fluctuations have been driven mainly by the FOMC and oil-price risk.
6⃣ The U.S. House Financial Services Committee passed the “U.S. Reserves Modernization Act” with 28 ayes and 21 nays, pushing the strategic Bitcoin reserves to the next stage of the legislative process.
7⃣ The bankruptcy administrator overseeing Celsius sued related BitMEX entities in the U.S. District Court for the Southern District of New York, alleging that during the market crash in March 2020 there was manipulation and improper forced liquidation, and demanding the return of 6,360 BTC, about $495 million.
8⃣ Fidelity’s spot Bitcoin ETF FBTC recorded a net outflow of $52.7 million on September 16. glassnode said that after spot Bitcoin ETFs briefly returned for three weeks, they have once again turned to net redemptions.
9⃣ Vitalik refuted the view that “AI hackers will cause network security to collapse,” saying AI can be used to verify the security of entire programs, and that this is a key direction for Ethereum’s development in the coming years.
🔟 Google DeepMind launched the DeepMind Institute, led by Shane Legg, James Manyika, and Demis Hassabis, focusing on technical challenges, social impacts, and cross-disciplinary research in the AGI era.