According to market news, Richard Busch, a member of the board of directors of American Bitcoin Corp, a bitcoin mining company backed by the Trump family, bought 175,000 shares of ABTC at an average price of $1.66, for a total amount of $290,500.

Aaron Hill, chief market analyst at FPMarkets, said in a report that the Fed's December policy meeting faces a difficult challenge due to the lack of official data due to the recent government shutdown. The Fed is divided and cautious within itself, and while some officials support a rate cut, "meaningful hawkish repricing has occurred". LSEG data show that money markets are now roughly equally likely to cut interest rates and keep them unchanged. (Jin Ten)

According to crypto journalist Eleanor Terrett, cryptocurrency and AI czar David Sacks plans to meet with Republican members of the Senate Banking Committee tomorrow morning to emphasize the importance of moving the market structure bill out of committee this year and address concerns publicly expressed by members, including Senator John Kennedy, about the process.
On October 16, when He Lifeng, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, met with representatives of the Advisory Committee of the School of Economics and Management of Tsinghua University at the Diaoyutai State Guesthouse on the 16th, he said that China is deeply promoting the construction of a unified national market, unswervingly expanding high-level opening up, striving to achieve stable economic growth, and is willing to deepen mutu...

Bank of Japan: A member said that given that it has been more than six months since the last interest rate hike, it may now be possible to consider another interest rate hike. (Jin Ten)
The European Union has set a year-end target for further steps to boost pension investments and streamline transactions by the end of the year in an effort to inject momentum into the revival of Europe's capital markets. Albuquerque, the European Union's financial services commissioner, unveiled plans on Thursday. She also announced that the European Union Commission is considering giving direct supervisory powers to its top market regulator in Paris, the European Securities and Markets Authorit...
Market news: U.S. Supreme Court justices have temporarily allowed U.S. President Donald Trump to remove Federal Trade Commission commissioners.