BlockBeats News, September 18th, according to HyperInsight monitoring, the "buddy" long positions have a floating profit of $4.23 million, currently holding long positions worth $131 million in ETH, PUMP, and HYPE. Specifically:

· Holding 20,400 ETH long positions, with a profit of $2.15 million

· Holding 250 million PUMP long positions, with a profit of $0.82 million

· Holding 285,000 HYPE long positions, with a profit of $1.26 million

BlockBeats News, September 18th: Regarding the current discussion on the approximately 45-day waiting period for ETH staking withdrawals, Ethereum co-founder Vitalik stated, "Staking means taking on the solemn responsibility of defending the blockchain. Friction upon exit is part of it. If any proportion of soldiers in an army could leave at any time, the army would not be able to hold together."

This is not to say that the current staking exit queue design is optimal, but rather that simply reducing the relevant parameters would make the chain appear less reliable to those nodes that are not online frequently."

BlockBeats News, September 18th. At 2:00 AM today, the Federal Reserve announced a 25 basis point cut in the benchmark interest rate to 4.00%-4.25%, resuming its rate-cutting pace paused since December last year. Benefiting from this news, altcoins surged across the board, including:

APX surged over 309% in the last 24 hours, currently trading at $0.398;

KMNO surged over 33% in the last 24 hours, currently trading at $0.0897;

TST surged over 22% in the last 24 hours, currently trading at $0.0514;

EIGEN surged over 18% in the last 24 hours, currently trading at $1.818;

THE surged over 17% in the last 24 hours, currently trading at $0.393;

JTO surged over 12% in the last 24 hours, currently trading at $2.057.

BlockBeats News, September 18th, according to foreign media reports, the U.S. Securities and Exchange Commission (SEC) has approved processes for three exchanges to accelerate the listing of exchange-traded products (ETPs) holding spot commodities (such as gold or Bitcoin). According to the SEC statement, the Chicago Board Options Exchange (CBOE), Nasdaq, and the New York Stock Exchange have obtained regulatory approval to list trust stock based on commodities as long as they meet the "approved universal listing standards."

SEC Chairman Paul Atkins stated in the announcement: "This approval helps to increase investors' choices, promote innovation, and reduce barriers to obtaining digital asset products in the U.S. reliable capital markets by simplifying the listing process." (Jinse Finance)

BlockBeats News, September 18th, Federal Reserve Chairman Powell stated that there was not broad support for a larger, 50-basis-point rate cut at this week's meeting, following the Fed's previous 25-basis-point rate cut. "Today, there was not broad support for a 50-basis-point rate cut," Powell told reporters at a press conference. "You know...over the last five years, we have done very large rate increases and decreases, and that usually happens when policy is significantly out of alignment and needs to quickly move to a new level." (Golden Finance)

BlockBeats News, September 18th, in the "Fed's Whisperer" Nick Timiraos stated that the Fed's projections highlight that future decisions may be more controversial: out of the 19 participants, 7 do not expect further rate cuts this year, and two expect only one more cut. These data indicate that, amid expectations of strong economic activity, most officials do not foresee more rate cuts next year. (FXStreet)

BlockBeats News, September 18th: The Federal Reserve's dot plot shows that out of 19 officials, 1 official believes there will be no rate cuts in 2025 (compared to 7 officials in June);

6 officials believe there should be a cumulative 25 basis point rate cut in 2025, meaning a single rate cut (compared to 2 officials in June);

2 officials believe there should be a cumulative 50 basis point rate cut in 2025, meaning two rate cuts (compared to 8 officials in June);

9 officials believe there should be a cumulative 75 basis point rate cut in 2025, meaning three rate cuts (compared to 2 officials in June).

1 official (most likely Milan) believes there should be a significant 150 basis point rate cut in 2025, suggesting there may be at least two more significant rate cuts within the year. (Jinshi)

BlockBeats News, September 18th. According to the Fed's dot plot, out of 19 officials, only 1 official believes that there should not be a rate cut in 2025. JPMorgan analyst Michelle believes that it is surprising that there is only one dissenting opinion, leading to a "united" Fed this time. Currently, there is not much concern about inflation, and fiscal and monetary policies will remain accommodative. (FXStreet)

BlockBeats News, September 18, according to the Federal Reserve's forecast, out of 19 officials, 9 expect to cut interest rates twice by 2025, 2 expect a single rate cut, and 6 do not anticipate further rate cuts. (FXStreet)