BlackRock's spot Ethereum ETF bought 17,440 Ethereum yesterday

- Fed officials debate December rate cut likelihood (67.3%), balancing labor market risks vs. inflation amid divided policy views. - Governor Cook prioritizes employment risks over inflation, while Daly supports "modestly restrictive" policy to curb price pressures. - Goolsbee warns of rising inflation, contrasting with Myron's call for 50-basis-point cuts to prevent recession, highlighting policy uncertainty. - Fed's $125B liquidity injections and balance-sheet pause signal easing, yet Powell cautions aga

- NY's $9.8M FAST NY Grant funds Xerox campus redevelopment in Webster, aiming to boost industrial real estate and advanced manufacturing. - The 300-acre brownfield site will receive infrastructure upgrades, creating 1M sq ft of industrial space by 2025 with proximity to major transportation and talent. - Secondary markets like Webster outperform primary cities in growth, driven by affordability, skilled labor, and public-private partnerships aligning with state economic goals. - Infrastructure investments

In Brief Japan’s FSA supports a major new stablecoin pilot involving three major banks. The initiative explores regulatory compliance for stablecoins as electronic payment instruments. This marks the first project of the newly formed "Payment Innovation Project" (PIP).