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No results1Bitget Daily Report (October 29)｜Fed to Announce Rate Decision; Market Expects 25bp Cut; Visa Adds Multi-Chain Stablecoin Payments; Western Union to Launch Stablecoin on Solana2ARB/USDT Surges Amid Arbitrum Liquidity Influx and Rising On-Chain Trading Activity3DASH Rises Above $40–$42 Support, Eyes $60–$65 Breakout Momentum
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- 07:18Pi Network Ventures completes its first investment in OpenMind to jointly build a decentralized intelligent robot collaboration frameworkChainCatcher reported that Pi Network Ventures has announced the completion of a strategic investment in OpenMind and has officially launched a technical collaboration. OpenMind's core technologies include the hardware-agnostic OM1 operating system and the FABRIC protocol, which together enable robots to collectively learn and collaborate within a decentralized ecosystem. Leveraging Pi Network's distributed computing power and its global network of 350,000 nodes, OpenMind has successfully completed the first proof of concept (PoC) for deploying distributed AI models for robots. OpenMind is able to deploy AI models for facial recognition used by robots on the OM1 operating system in a decentralized manner, reducing the costs and dependencies associated with traditional centralized cloud computing, and strengthening multi-layered privacy protection in embodied intelligence scenarios through a verifiable and permissionless approach. Pi Network Ventures stated that investing in OpenMind is not only a capital deployment, but also an important step in building Pi Network's technological and ecosystem synergy capabilities in the era dominated by physical AI and embodied intelligence. Both parties will continue to collaborate in the direction of distributed computing power and agent collaboration, exploring the next stage of integration possibilities among blockchain, AI, and intelligent robots.
- 07:05Nikkei Index Opens Higher and Surges, Historically Breaks Through 51,000 PointsJinse Finance reported that the Nikkei 225 Index closed up 1,088.47 points, or 2.17%, at 51,307.65 points on Wednesday, October 29.
- 07:05The Fed's rate cuts may be smaller than expected, with the terminal policy rate above 3.5%According to Golden Ten Data, Franklin Templeton pointed out that the US economy is growing steadily and consumers continue to spend, but concerns about inflation may lead the Federal Reserve to cut interest rates less than expected. It is anticipated that the terminal policy rate in this cycle may be higher than 3.5%, which is above the market consensus of around 3%. In addition, the financial health of US companies has improved, default rates remain low, and the outlook for non-investment grade bonds is still optimistic.