Overview of Major Overnight Developments on October 25
21:00-7:00 Keywords: interest rate cut, India, Trump 1. Tether plans to launch the US-compliant stablecoin USAT in December; 2. In the past 24 hours, 5,528.82 BTC have flowed out of exchange wallets; 3. The impact of the US government "shutdown" continues, and next month's inflation data may be "missing"; 4. Tether CEO: Expected annual profit of $15 billions this year, with a profit margin as high as 99%; 5. The Federal Reserve reforms stress testing and will disclose confidential models and the process of designing economic scenarios; 6. Barclays Head of Strategy: The S&P 500 index is expected to reach 7,250 points by the end of this year; 7. An exchange CEO: Met with 25 senators in the past two days to advance crypto market structure legislation.
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