Yei Finance's cross-chain product Clovis opens its fourth round of pre-deposits, and TGE will be launched soon.

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…

TLDR Banco Santander has launched retail crypto trading through its online bank, Openbank. German customers can now trade Bitcoin, Ether, Litecoin, Polygon, and Cardano on Openbank. The service will expand to Spanish clients in the coming weeks and include more tokens. Openbank charges a 1.49% fee per transaction, with no custody fees involved. Banco Santander [...] The post Banco Santander Launches Retail Crypto Trading via Openbank in Germany appeared first on CoinCentral.

PANews reported on November 2nd that, according to on-chain analyst Yu Jin, an address that purchased ASTER on CZ added to its short position of ASTER worth $28.8 million, currently showing a floating profit of $1.29 million. He currently holds a short position of ASTER worth $50.62 million, with an opening price of $1.2 and a liquidation price of $2.08. He started shorting 18.55 million ASTER four days ago, and today, after CZ's "market recommendation," added to his short position of 24.41 million ASTER. He also shorted DOGE/ETH/XRP/PEPE and other coins, with a total floating profit of $7.86 million.