Smart Digital, a US-listed company, will establish a crypto asset pool, focusing on investing in BTC and ETH.

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…

How are you, hacker? 🪐 What’s happening in tech today, September 23, 2025? The HackerNoon Newsletter brings the HackerNoon homepage straight to your inbox. On this day, Firefox: Open-Source Browser in 2002, Fusajiro Yamauchi Founded Nintendo in Japan in 1889, First Android-Based Smartphone in 2008, and we present you with these top quality stories. From India’s New Bill Puts Esports on Equal Footing with Cricket Football to Why You Shouldn’t Judge by PnL Alone, let’s dive right in. Why You Shouldn’t Judge by PnL Alone By @ruslan4ezzz [ 9 Min read ] PnL can lie. This hands-on guide shows traders how hypothesis testing separate luck from edge, with a Python example and tips on how not to fool yourself. Read More. Why Agentic AIs $196.6 Billion Market Surge Signals the End of Human-Only Decision Making By @technologynews [ 4 Min read ] Agentic AI Market is estimated to reach USD 196.6 billion By 2034, Riding on a Strong 43.8% CAGR. Why the surge ends human decision-making. Read More. Crash Course in Bevy and Rust for the Impatient Programmer: Chapter 1 – Let There Be a Player By @febin [ 25 Min read ] Build your first 2D game in Rust with Bevy 0.16: set up camera, spawn a player, move with keyboard, add sprite animation, and structure code with plugins. Read More. India’s New Bill Puts Esports on Equal Footing with Cricket Football By @thetechpanda [ 6 Min read ] India’s 2025 Online Gaming Bill recognizes esports as sport, unlocking growth, investment, and legitimacy for players, brands, and fans. Read More. Michael Saylors Legacy: The Bitcoin Corporate Revolution By @ras [ 7 Min read ] Why Wall Street Is Embracing Michael Saylors Digital Gold Rush for Bitcoin Read More. 🧑‍💻 What happened in your world this week? It's been said that writing can help consolidate technical knowledge, establish credibility, and contribute to emerging community standards. Feeling stuck? We got you covered ⬇️⬇️⬇️ ANSWER THESE GREATEST INTERVIEW QUESTIONS OF ALL TIME We hope you enjoy this worth of free reading material. Feel free to forward this email to a nerdy friend who'll love you for it.See you on Planet Internet! With love, The HackerNoon Team ✌️

The post New York Banks Advised to Leverage Blockchain Analytics: NYDFS appeared on BitcoinEthereumNews.com. New York Superintendent of Financial Services Adrienne Harris issued a guidance letter on Wednesday advising all New York banking organizations to consider using blockchain analytics to strengthen compliance and manage risks tied to virtual currency activity. NYDFS Links Prior VCRA, Analytics Guidance in New Notice to Banks The Department of Financial Services (DFS or NYDFS) […] Source: https://news.bitcoin.com/new-york-banks-advised-to-leverage-blockchain-analytics-nydfs/