Overview of Key Overnight Developments on September 25

21:00-7:00 Keywords: Circle, Web3 Foundation, Biden

1. Biden: The Federal Reserve is expected to continue cutting interest rates;

2. USDC issuer Circle launches on-chain compliance platform; 3. A Bitcoin address awakens after more than 13 years, containing 50 BTC;

4. Traders increase bets on a 50 basis point rate cut by the Federal Reserve in November to 50%;

5. SBF's ex-girlfriend Caroline Ellison sentenced to two years in prison in the FTX bankruptcy case;

6. BlackRock has purchased 354,173 BTC since January this year, worth approximately $22.5 billion;

7. Google: Snap deploys Gemini's multi-modal capabilities in its "My AI" chatbot;

8. Web3 Foundation launches a $25 million "Decentralized Futures" grant program;

9. Senior members of the U.S. House Financial Services Committee call for a "significant agreement" on stablecoin legislation within the year.