Overview of Major Overnight Developments on September 25

21:00 (UTC+8) - 7:00 Keywords: Rate Cut, Taxation, SOL Strategies

1. Federal Reserve's Daly: Further rate cuts may be needed;

2. The probability of a 25 basis point rate cut by the Federal Reserve in October is 91.9%;

3. Federal Reserve's Goolsbee opposes aggressive rate cuts, stating that a slowdown in employment does not equate to a recession;

4. A U.S. Senate subcommittee will hold a hearing on digital asset taxation on October 1;

5. The U.S. SEC has released the agenda and participants for the SEC-CFTC regulatory coordination roundtable meeting;

6. SOL Strategies plans to raise $25 million through a share placement to support increased holdings of SOL;

7. U.S. Senator Warren calls for an investigation into the Trump family's overseas cryptocurrency transactions.