Statements from Fed Members
- Milan: Fed Board Member Milan called for a 50-basis-point rate cut this month, saying trade tensions were creating uncertainty in the economy and increasing growth risks. Milan said that maintaining the current tight monetary policy would amplify the shock effects, adding that he hoped to support a 50 bp cut at the October 28-29 meeting but that the committee was more likely to opt for a 25 bp cut. He added that he expected three 25 bp cuts this year.
- Waller: Fed Member Waller said that a rate cut would be the right step, adding, “We can cut 25 bp and observe the effect.” He said the presidential interview process was “progressing smoothly” and that he had met with Treasury Secretary Bessent but had not yet met with Trump. Waller emphasized that uncertainties surrounding trade tariffs and artificial intelligence investments are prompting CEOs to be cautious about hiring.
- Mester: Fed Member Mester also called for a 50-basis-point rate cut and, similarly to Milan, said that trade tensions are increasing downside risks. Admitting that a 25 bp cut is more likely at the policy meeting, Mester said she expects a total of three small rate cuts during the year.
US Retail Sales Data Postponed
US September retail sales, PPI, and Philadelphia Fed Index data have been postponed due to the government shutdown.
CryptoQuant: Miners Transferred 51,000 BTC to Binance
According to CryptoQuant data, miners have deposited 51,000 BTC to Binance since October 9, indicating that miners are shifting to a selling trend.
US Government Holds 316,760 BTC
According to CryptoQuant data, the US government is one of the world’s largest BTC holders, with approximately 316,760 BTC ($35.9 billion).
Hyperliquid Leads Buyback Trend in 2025
According to Coingecko, Hyperliquid accounted for 46% of all projects with a total buyback of $645 million in 2025. LayerZero ($ZRO), Pump.fun ($PUMP), and Raydium also made significant buybacks. In total, 28 projects carried out over $1.4 billion in token buybacks during the year.
WazirX to Reopen Within 10 Days
Indian exchange WazirX announced that it has received regulatory approval and will resume operations within 10 business days from the October 15 effective date. User tokens will be redistributed.
Singapore Launches BLOOM Project
The Monetary Authority of Singapore (MAS) has launched a new initiative called BLOOM, which aims to expand the payment capabilities of financial institutions through stablecoins and tokenized bank liabilities. Circle, Coinbase, DBS, UOB, Stripe, and Ant International are among the first participants.
Aster Airdrop Phase 1 Claims End on October 17
Aster announced that users must claim their airdrop rights by October 17 at 09:00 UTC.
French Lise Becomes First in Europe to Receive Fully Tokenized Exchange License
Paris-based Lise (Lightning Stock Exchange) has become the first company in Europe to receive a fully tokenized exchange license. The license, granted by the ACPR, allows it to operate both a multilateral trading facility (MTF) and a central securities depository (CSD) on the same platform.
CZ: Coinbase Should List More BNB Chain Projects
CZ stated that Coinbase has not yet listed any BNB Chain projects, saying, “BNB Chain is a more active ecosystem; this is a good opportunity for exchanges.”
Australian Monochrome Bitcoin ETF Reaches 1,087 BTC
The Monochrome spot Bitcoin ETF (IBTC) reached 1,087 BTC as of October 15, with a market value exceeding 187 million Australian dollars.
Tether Donates $250,000 to OpenSats
Tether donated $250,000 to OpenSats to support Bitcoin and open-source ecosystems.
