Odaily News Traders now see roughly a coin flip chance that the Federal Reserve raises interest rates this month.
According to CME data, market pricing currently suggests a probability of about 50% for a 25-basis-point rate hike by the Fed. Just yesterday, investors had priced in a 70% chance of a hike. Earlier, several Fed governors delivered remarks aimed at tempering market assumptions that a rate increase was a done deal.
Fed Governor Waller just stated that if August data shows continued improvement in inflation, he would support holding rates steady. A day earlier, New York Fed President Williams also indicated that the case for a rate hike is not compelling enough at this point.
Odaily News: Bybit Alpha has now launched fone trading
fone is a Solana ecosystem Meme token, centered around the "Ape on a Phone" narrative, building a community Meme around mobile trading and crypto social culture. Its current on-chain price is approximately $0.017, with a market cap exceeding $17 million.
Odaily News: Humain, an artificial intelligence company backed by Saudi Arabia's sovereign wealth fund PIF, has released its AI model "humain-m3," built on China's MiniMax M3. Humain stated that humain-m3 is designed to strengthen the Arabic AI ecosystem and drive cutting-edge AI development. The release also reflects that a growing number of countries are seeking greater control over key AI technologies through independent AI platforms and open-source models.
Previously reported, Humain also announced plans to raise an initial $2.5 billion to establish a fund focused on investing in data centers. Sources familiar with the matter revealed that the fund will provide financing support for the 250-megawatt data center capacity being developed in partnership with Al Moammar Information Systems, with the potential for the overall scale to expand to 1 gigawatt in the future. (Bloomberg)
Odaily News: According to MSX.COM data, at the US stock market open, Robinhood (HOOD) jumped 11.55%, temporarily trading at $119.35.
Odaily Planet Daily News According to MSX.COM data, the "Magnificent Seven" U.S. tech stocks collectively rose in early trading, with Amazon up 0.66%, Microsoft up 2.11%, Apple up 0.76%, Google up 1.8%, Meta up 4%, Tesla up 4.02%, and Nvidia up 1.03%.
GoPro surged over 6% after the company announced a $285 million all-cash acquisition agreement with optical module manufacturer Starman Optical. Broadcom fell over 4% as its fourth-quarter revenue forecast missed expectations. AI server manufacturer Hewlett Packard Enterprise dropped over 8% following its Q3 FY2026 earnings release.
Odaily News: According to MSX.COM data, at the US stock market open, the Dow rose 0.67%, the S&P 500 rose 0.46%, the Nasdaq rose 0.45%, and the VIX panic index fell 1.12%. AI concept stocks broadly gained, with Snowflake up 23.94%, ServiceNow up 3.83%, Atlassian up 3.53%, AeroVironment up 3.51%, and SAP up 3.01%.
It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens, covering popular US stocks and ETF token products such as NVIDIA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest data from Gate, the gold price has risen to $4,477.37 per ounce, up 2.36% on the day. The silver price has risen to $66.423 per ounce, up 2.54% intraday.
In the forex market, the USD/CNH pair fell 0.01% intraday, with the current exchange rate at 6.71694. The USD/JPY pair fell 1.92% intraday, with the current exchange rate at 155.64.
In terms of global stock indices, the Euro Stoxx 50 index (EUSTX50) rose 0.08% intraday to 6,373.15 points; the UK FTSE 100 index (UK100) rose 0.91% intraday to 10,851.4 points; and Germany's DAX40 index (GER40) rose 0.46% intraday to 25,976.4 points.
In commodities, WTI crude oil rose 1.28% intraday to $92.29 per barrel. Brent crude oil rose 1.14% intraday to $97.74 per barrel.
Gate supports users in directly trading traditional financial market products on its platform, offering one-stop coverage of precious metals, forex, global stock CFDs, major indices, and commodities—achieving deep integration between crypto assets and traditional financial assets. Gate's TradFi-related features have been fully integrated into the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the experience of diversified asset allocation.
Odaily News: Tom Emmer, during a live interview on CNBC, called on the Senate to pass the Bitcoin Clarity Act immediately.
Odaily News: Bitmain-affiliated Bitcoin miner BitFuFu (NASDAQ: FUFU) has disclosed its August operational data. During the month, a total of 174 BTC were mined, with proprietary mining and cloud mining contributing 88 BTC and 86 BTC, respectively. As of the end of August, the company's total Bitcoin holdings stood at 1,373 BTC. In terms of hashrate, total managed hashrate increased from 14.2 EH/s in July to 20.6 EH/s, representing a month-over-month growth of 45.1%; managed power capacity expanded from 255 MW to 344 MW, and the average energy efficiency of mining machines was optimized to 16.7 J/TH.
Odaily News Fed Governor Waller stated that the Federal Reserve must establish clear and consistent policy reaction function rules, otherwise markets cannot make predictions. He noted that quantifying the reaction function may have flaws, but from a qualitative perspective, it is crucial. His views on the perfection of the reaction function differ sharply from those of Fed Chairman Warsh.
On the issue of Fed transparency, Waller said there is no benefit in surprising the market. He criticized the "never explain" approach as an outdated model and not a good one, adding that appropriately signaling future policy direction would be better.
Waller also noted strong internal disagreements at the Fed over communication issues, with significant opposition to scenario analysis last year. It remains uncertain what the communication working group can achieve. Regarding discussions in the balance sheet working group, he will oppose any proposals that would push reserves back into scarcity. As for the data working group, he emphasized the need to be wary of trust issues and to use data that people can verify. He added that the inflation working group may be the most helpful to the Federal Open Market Committee (FOMC). (CLS)
Odaily News, According to Bitcoin News monitoring, Strive purchased 1,800 Bitcoin between August 24 and August 28 at an average price of $79,431 per coin, with the transaction totaling approximately $143 million, including fees and related expenses. This purchase increased its Bitcoin holdings from 21,356 to 23,156 BTC, valued at approximately $1.8 billion, surpassing digital asset exchange Bullish to become the fifth-largest corporate holder of Bitcoin, trailing only Strategy, Twenty One Capital, Metaplanet, and MARA Holdings. Strive accumulated nearly 3,000 Bitcoin over a 15-day period, including 1,110 BTC purchased between August 17 and August 21 for approximately $81.5 million, and 79 BTC purchased earlier in August for approximately $5 million. Strive CEO Matt Cole confirmed the purchases in a post on X on August 31. The funds for these purchases came primarily from stock sales, rather than debt financing. During this period, the number of ASST common shares increased from approximately 79.9 million to 83.5 million, and the number of SATA preferred shares also rose. The two programs are expected to raise approximately $154.6 million, with roughly $143 million used to purchase Bitcoin. SATA currently offers an annual dividend of 13%, paid on each business day. Strive stated that it has repaid all outstanding debt, currently has no margin requirements, and its Bitcoin is not collateralized. The company purchased nearly 3,000 Bitcoin in August, and ASST shares rose more than 5% on Monday, bringing their monthly gain to nearly 100%. Raising funds through stock issuance to purchase Bitcoin may lead to dilution of existing shareholders' equity, while a decline in Bitcoin's price could also pose risks.
Odaily News: Bybit Alpha and Byreal have now listed $USELESS for trading.
$USELESS is a Meme token on the Solana ecosystem, centered around satirizing the crypto industry's overemphasis on "utility." Its current on-chain price is approximately $0.16, with a market cap exceeding $161 million.
According to Odaily, Lookonchain monitoring reports that a year ago, Bonk Guy (@theunipcs) helped drive USELESS's market cap to $430 million.
Now, after Bonk Guy has shared his views multiple times, USELESS has regained attention, rising 4x over the past two weeks. Five months ago, when USELESS's market cap fell to $30 million, Bonk Guy began accumulating through a dollar-cost averaging strategy. Over the past month, he has continued buying USELESS and currently holds 15.9 million USELESS tokens, with unrealized profits of $1.68 million.
Odaily reported that AI computing company Nscale has announced a multi-year strategic partnership with Figure, expanding the scale to over $6 billion. The deal represents the potential to deploy up to 100,000 NVIDIA Vera Rubin platform GPUs.
Odaily News - Apple is facing a class action lawsuit totaling £2 billion (approximately $2.7 billion) ahead of its new product launch. The lawsuit, filed on behalf of app developers, accuses Apple of abusing its dominant market position by imposing stricter restrictions on third-party developers through its App Tracking Transparency (ATT) rules, thereby creating a competitive advantage for its own advertising business.
It is reported that Apple introduced the ATT feature in 2021, allowing users to decide whether to authorize apps to track their activity across other companies' apps and websites. The plaintiffs argue that Apple imposes stricter requirements on third-party apps than on its own services, causing significant losses for businesses that rely on Apple's platform. (Reuters)
Odaily News: Anthropic is at odds with tech giants such as Google and OpenAI over a Massachusetts AI safety bill. The bill proposes requiring major AI developers to hire independent evaluators every four months to assess the potentially catastrophic risks posed by their AI models. If passed, the proposal could become the new standard for state-level AI regulation in the United States.
As the U.S. Congress continues to delay progress on federal AI regulation legislation, states are accelerating the rollout of their own rules. Anthropic's divergence from other tech giants on AI safety regulation also reflects the significant divisions within the industry over AI model risk assessment and the intensity of regulatory oversight. (The Information)


