1. U.S. August core PCE rose 3% year over year, the lowest in half a year; the 30-year Treasury yield rose to 5.62%, a 22-year high
U.S. August core PCE price index recorded a year-over-year rate of 3.0%, below the market expectation of 3.3%, hitting the lowest level since February. -Original text
2. Goldman Sachs has pushed back expectations for the Federal Reserve to raise interest rates from October to December, forecasting that core PCE year-over-year growth will be 3.0%.
Goldman Sachs said that U.S. inflation data and remarks by New York Fed President John Williams have reduced the likelihood of a rate hike by the Federal Reserve in October. Economists Jan Hatzius, David Mericle, and Alec Phillips expect fourth-quarter core PCE year-over-year growth to be 3.0%, lower than the median of 3.4% predicted by FOMC participants. Goldman has pushed back its second rate-hike expectation to December and believes it is highly likely that the FOMC will determine no further rate hikes are necessary. -Original text
3. SlowMist Technology said that the malicious activity behind the $388 million Bitget theft incident began on August 31
SlowMist Technology said that the malicious activity behind the $388 million Bitget theft incident began on August 31 and depleted the hot wallet on September 24. - Original text
4. Morgan Stanley’s Bitcoin ETF holdings have surpassed 10,000 BTC, worth approximately $875 million
Morgan Stanley announced that its Bitcoin ETF holdings have exceeded 10,000 BTC. - Original text
5. After the U.S. August core PCE was released, spot gold rose above $2,410 per ounce, and the yield on two-year U.S. Treasuries fell to 4.843%
6. On Wednesday, Trump will announce South Korea’s $200 billion energy investment plan for the U.S., including the construction of eight nuclear power plants, investment in power generation facilities in Texas, and a liquefied natural gas (LNG) export project in Alaska
U.S. President Trump is expected to announce on Wednesday afternoon from the Oval Office at the White House that South Korea plans to invest $200 billion in U.S. energy projects, covering the construction of eight nuclear power plants, investment in power generation facilities in Texas, and an Alaska liquefied natural gas (LNG) export project. The Alaska LNG project involves $54 billion in support. - Original text
7. Last week, net inflows into global digital asset investment products totaled $3.55 billion, setting a new one-week high this year
CoinShares released a digital asset summary: last week, global digital asset investment products saw net inflows of $3.55 billion, with total assets under management rising to $173 billion. Of this, Bitcoin saw inflows of $2.52 billion, Ethereum $702 million, Solana $193 million, and XRP $92.3 million. U.S. spot Bitcoin ETFs attracted $2.39 billion, and Ethereum ETFs attracted $690 million; both recorded net inflows for five consecutive days. During the same period, the Bitcoin price rebounded from about $75,000 in mid-September, and after breaking above $87,000 on September 23, it fell back to around $84,000. The report mentioned the Federal Reserve raising rates by 25bp on September 16 to 3.75%-4.00%. - Original text
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