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  • 11:15
    Wells Fargo: Expects the Federal Reserve to cut interest rates five times before mid-2026
    Jinse Finance reported that Wells Fargo expects the Federal Reserve to cut interest rates five times by mid-2026, with each cut being 25 basis points. The bank anticipates three consecutive rate cuts at the next three meetings, lowering rates to 3.50%—3.75% by the end of the year, followed by two more cuts in March and June 2026, bringing the rate range down to 3.00%—3.25%. This outlook reflects a weakening labor market, with average job growth in August at only 29,000 and the unemployment rate rising to 4.3%. Inflation remains a challenge, with core PCE up 2.9% year-on-year, but Wells Fargo notes that inflation expectations remain stable. The bank has raised the probability of a U.S. recession next year to 35%, but expects stronger economic growth in the coming years, projecting that as fiscal stimulus and rate cuts take effect, GDP growth will reach 2.4% in 2026.
  • 10:54
    Bitget August Transparency Report: BTC and ETH Open Interest Both Rank Among Top Three Global CEXs
    ChainCatcher reported that Bitget has released its Transparency Report for August 2025, disclosing the latest developments and key progress in its core business areas. According to data from The Block and Coinglass, Bitget ranks among the top three global CEXs in terms of open interest for Bitcoin (BTC) and Ethereum (ETH) futures. The open interest for Bitcoin futures has surpassed $10 billion, while Ethereum remains in the $5–7 billion range, rising to $6 billion by the end of August. In addition, CoinDesk pointed out in its "Market Data Depth Report" that Bitget leads the market in ETH and SOL liquidity. From November 2023 to June 2025, Bitget's cumulative derivatives trading volume reached $11.5 trillion. In 2025, the platform's average monthly trading volume reached $75 billion, with nearly 90% coming from derivatives business.
  • 10:32
    BTIP-105 proposal enters final comment solicitation stage
    ChainCatcher News, according to official sources, the BTFS technical community is currently conducting a final review of the BTIP-105 proposal. The proposal innovatively introduces a proxy node transmission architecture and a dedicated upload routing mechanism: the client sends file data to the proxy node, which then efficiently forwards it to the designated storage service provider (SP). This design can effectively solve transmission bottlenecks in network-restricted and NAT traversal environments, significantly improving file upload success rates and transmission stability, and will bring breakthrough improvements to the accessibility of distributed storage networks.
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