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Ethereum Price Forecast: ETH tests 100-day EMA as Fusaka launches on Hoodi testnet
Ethereum's (ETH) upcoming network upgrade, Fusaka, has gone live on the Hoodi testnet, with mainnet launch the next step. Ethereum's Fusaka upgrade, slated to bring increased scalability and security improvements, successfully debuted on Hoodi on Tuesday, the third and final testnet before mainnet launch. Testnets are environments where developers validate network upgrades or changes before deploying them on the main blockchain network. In October, Fusaka launched on three testnets — Holesky, Sepolia, and Hoodi — without any hiccups so far. Hoodi, which replaced Holesky, is primarily for testing infrastructure, ... (full story)
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From zerohedge.com|Oct 29, 2025|2 commentsThe White House has just confirmed that President Trump will meet Chinese President Xi at 11am local time on Thursday in South Korea..That is 10pm ET. "We are willing to make ...
From pbs.org|Oct 29, 2025The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. ...
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From federalreserve.gov|Oct 29, 2025|93 commentsAvailable indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook remains elevated. The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment rose in recent months. In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee decided to conclude the reduction of its aggregate securities holdings on December 1. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments. Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michael S. Barr; Michelle W. Bowman; Susan M. Collins; Lisa D. Cook; Austan D. Goolsbee; Philip N. Jefferson; Alberto G. Musalem; and Christopher J. Waller. Voting against this action were Stephen I. Miran, who preferred to lower the target range for the federal funds rate by 1/2 percentage point at this meeting, and Jeffrey R. Schmid, who preferred no change to the target range for the federal funds rate at this meeting. FOMC STATEMENT COMPARE: pic.twitter.com/1xW7cnChGP *FED CUTS TARGET RANGE FOR BENCHMARK RATE BY 25 BPS, TO 3.75%-4% *FED SAYS IT WILL STOP SHRINKING BALANCE SHEET ON DEC. 1 *FED SAYS SCHMID DISSENTED IN FAVOR OF NO RATE CHANGE *FED SAYS MIRAN DISSENTED IN FAVOR OF HALF-POINT CUT
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