Overview of Major Overnight Developments on October 16
21:00 (UTC+8) - 7:00 Keywords: Polymarket, Atkins, Morpho, Eric Trump 1. Polymarket launches stock price prediction markets; 2. US Treasury Secretary: The Federal Reserve should use quantitative easing policies cautiously; 3. US SEC Chairman Atkins promotes innovative regulation for crypto and tokenization; 4. Milan: I believe there is no need to cut interest rates by more than 50 basis points; 5. US Senate rejects Republican funding bill, government shutdown outlook remains uncertain; 6. Eric Trump, son of Donald Trump, confirms ongoing real estate tokenization plan with WLFI; 7. Federal Reserve Beige Book: Overall economic changes are minor, rising uncertainty may drag down the economy; 8. Ethereum Foundation has deposited 2,400 ETH and about 6 million stablecoins into Morpho’s yield vault.
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