On October 1, 2026 FOMC voting member and Minneapolis Fed President Kashkari stated that the inflation rate remains too high, currently around 3%, and the latest data has not changed this situation; despite facing shocks, the economy remains strong. He mentioned that the longer the economy stays strong, the more he questions the extent of monetary policy tightening, and he expects one more rate hike this year and another in 2027, hoping the Fed can reduce inflation through moderate actions.
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Fed's Kashkari: One More Rate Hike Expected This Year, Another in 2027
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Spot Silver Falls Below $60/Ounce for the First Time Since August 5
On October 1, spot silver fell below $60 per ounce for the first time since August 5, declining by 0.72% during the day. (Jin Shi) -
Whale Withdraws 2,000 ZEC from Binance, Main Wallet Balance Increases to Approximately $66.19 Million
On October 1, according to on-chain tracking account Onchain Lens, a whale withdrew 2,000 ZEC (approximately $2.82 million) from Binance through two wallets, subsequently consolidating the funds into its main holding wallet. The main wallet now holds approximately $66.19 million in ZEC. -
Multicoin-Related Wallet Deposits Approximately $8.34 Million in HYPE to Coinbase Prime
On October 1, according to on-chain tracking account Onchain Lens, a Multicoin Capital wallet deposited 92.38K HYPE (approximately $8.34 million) into Coinbase Prime, possibly with the intention to sell. -
Rubio Calls for Immediate Departure of Iranian UN Delegation from the U.S.
According to AXIOS: A U.S. official and another informed source revealed that after negotiations between the U.S. and Iran stalled, Rubio demanded on Monday that the Iranian UN delegation leave the United States immediately. This move constitutes a rare diplomatic rebuke. -
Ripple Unlocks 1 Billion XRP Worth Approximately $1.49 Billion
On October 1, according to monitoring by OnchainLens, Ripple has completed the unlocking of 1 billion XRP through its escrow account, with a total value of approximately $1.49 billion. -
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On October 1, Republican members of the U.S. Senate officially introduced a cryptocurrency tax bill. -
Goldman Sachs Delays Fed Rate Hike Expectations from October to December
On October 1, Goldman Sachs stated that the inflation data released by the U.S. on Wednesday, along with remarks made by New York Fed President John Williams yesterday, led them to believe that a rate hike by the Federal Reserve in October is now unlikely. Economists Jan Hatzius, David Mericle, and Alec Phillips noted in a research report that based on the latest inflation report, the core PCE year-over-year growth rate is expected to be 3.0% in the fourth quarter, significantly lower than the FOMC participants' median forecast of 3.4%. As a result, the bank has postponed its expectation for the second rate hike to December, while also considering the possibility that the FOMC will ultimately determine that no further rate hikes are necessary. -
U.S. Diesel Prices Remain High: Industry Executives Expect Recovery in Over a Year
On October 1, the Dallas Federal Reserve's anonymous survey of 100 oil and gas companies revealed that nearly half of the respondents expect diesel prices to take more than four quarters to return to 2025 levels. On Monday, U.S. President Trump and his advisors discussed whether to advance a ban on diesel exports, hoping to lower domestic diesel prices by restricting exports. -
Bank of Japan to Release Summary of September Monetary Policy Meeting in Ten Minutes
On October 1, the Bank of Japan will release the summary of opinions from the members of the Monetary Policy Meeting held in September in ten minutes. -
Restate Completes $20 Million Series A Round, Driven by Demand for Persistent Infrastructure from AI Agents
On September 30, TechCrunch reported that Berlin-based persistent workflow infrastructure company Restate has completed a $20 million Series A funding round, led by Singular, with participation from Redpoint and Capital One Ventures. Its execution engine enables multi-step workflows to withstand crashes and network interruptions, with demand surging due to AI agents operating longer and following more unpredictable paths. Recently, the company has signed multiple six- and seven-figure customer contracts, including with the vibe coding platform Replit. The new funding will be used to build a marketing team, expand engineering, and grow its office in the San Francisco Bay Area, while challenging industry heavyweight Temporal, which was recently valued at $12.55 billion.
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