News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →The G7 launches a €2.5 billion fertilizer assistance program to ease pressure on agricultural production costs in poor countries.
News from Bijie: G7 launches a 2.5 billion euro fertilizer assistance plan to ease pressure on agricultural production costs in poor countries. French Finance Minister Roland said the G7 has allocated 2.5 billion euros (about 2.8 billion US dollars) to provide fertilizer to poorer countries, especially African countries, and strengthen food security. Roland said in Bangkok on Thursday that the funds will be used to supply fertilizer to relevant countries, including 44 countries identified by the World Bank as facing food security risks. France currently holds the rotating presidency of the G7. The war in the Middle East has disrupted the supply chain for fuel and fertilizer shipped from the Persian Gulf region through the Strait of Hormuz, driving up production costs for growers and triggering market concerns about a global food crisis. This situation prompted G7 leaders to adopt a joint action plan in June to mitigate the impact of rising fertilizer costs.
Jensen Huang: CoreWeave's strength has increased, and its cost of capital has decreased.
According to CoinWorld news, NVIDIA CEO Jensen Huang said that CoreWeave's strength is increasing every day, and its cost of capital is "actually decreasing." He pointed out that NVIDIA does not need to provide support for CoreWeave. In early trading on Thursday in the U.S. stock market, CoreWeave's credit risk indicator hit a record, with an implied probability of default reaching 60%. As Jensen Huang spoke, CoreWeave's stock price decline narrowed.
White House economic adviser: September CPI accelerated due to rising energy prices.
CoinWorld data: White House economic adviser Kevin Hassett said the Consumer Price Index (CPI) rose 0.6% in September and 3.7% year-over-year, accelerating from 3.4% in August. Gasoline prices rose 9.1% in a month, accounting for more than half of the month's CPI increase, while the energy index rose 5.2% and was up 20.4% year-over-year. Hassett noted that despite the rise in the headline figure, food prices were unchanged, grocery prices fell 0.1%, and prescription drug prices fell 1.2%. Energy costs remain a major concern, with diesel prices rising 11.9% in September and 60.9% year-over-year. Core CPI, which excludes food and energy, rose 0.3% and was up 2.6% year-over-year. The average real hourly earnings of consumers fell 0.5% from August and 0.7% year-over-year. The White House expects the energy shock to fade, but economists are divided on how quickly it will ease.
The Dow rose more than 1%, the S&P turned positive, and the Nasdaq pared its losses.
Coin World News: The Dow Jones Industrial Average is currently up more than 1%, the S&P 500 has turned positive, and the Nasdaq's decline has narrowed to less than 0.3%. The Philadelphia Semiconductor Index is currently down more than 2%, while the banking index is up about 0.7%.
Galaxy Research: A Detailed Analysis of Bitcoin Supply Ownership
According to CoinWorld news, Bitcoin Magazine reported that Galaxy Research has released a detailed analysis of Bitcoin supply ownership, suggesting that more than a quarter of all Bitcoin may be permanently removed from the market.
Wall Street is no longer waiting for Congress to set crypto rules.
Coin World News reports that with Wall Street unable to advance crypto rules in Congress, financial firms are building compliance and infrastructure on their own. After Congress failed to advance the Clarity Act on September 15, the United States once again lacks a comprehensive federal framework for digital assets, and regulators have begun filling some of the gaps. Two days later, the U.S. Securities and Exchange Commission (SEC) issued an "innovation exemption" allowing certain venues to trade tokenized U.S.-listed stocks. Although the exemption is not a statute, it can be narrowed or withdrawn as easily as it was granted. This leaves financial firms facing a practical question: how should they build in the meantime? For advisors, the answer matters more than who wins or loses in Washington.
Disney shares rose for a 10th consecutive trading day, marking their longest winning streak since 2013.
According to Bijie News, Disney's stock price rose for the 10th consecutive trading day, setting its longest winning streak since 2013.
Mexico's President Sheinbaum stated
Mexican President Sheinbaum stated that Televisa and a fintech holding company's acquisition of AT&T's Mexican subsidiary will help competition and internet services in Mexico, according to Bihaiwang News.
BTC突破82000 USDT，24小时涨幅0.24%
CoinWorld data: OKX market data shows BTC is now at 82,024.3 USDT, breaking through 82,000 USDT, with a 24-hour gain of 0.24%.
FOMC Polymarket: Probability of Fed holding rates steady drops to 73%
CoinWorld data: According to Polymarket data, traders now see the probability of the Federal Reserve keeping interest rates unchanged at its October 27-28 meeting falling to 73%, while the probability of a 25 basis point rate hike is 27%. This probability comes from Polymarket's October contract, with trading volume exceeding $41.5 million. An earlier snapshot showed that at 07:53 UTC on October 15, the probability of keeping rates unchanged was 75.5%. In addition, September PPI inflation data rose to 6.3%, higher than the expected 5.3%. The market expects the Federal Reserve's decision to affect borrowing costs, which in turn will affect Treasury yields, the dollar, and demand for risk assets.