The Federal Reserve's FOMC statement: lowered the discount rate from 4.25% to 4%.

Quick Take Summary is AI generated, newsroom reviewed. Cardano passed AWS decentralization test, confirming its network’s strength, independence, and distribution across global nodes. Over 3,000 stake pools contributed to Cardano’s decentralization score, with no single entity holding major control. AWS validation tested node resilience, network independence, and fault tolerance under simulated global conditions. ADA price currently trades near $0.64, holding strong support at $0.62 and eyeing a breakout t

- Berkshire Hathaway's cash reserves hit a record $381.67 billion, with operating earnings rising 33.6% to $13.49 billion driven by strong insurance performance. - Strategic divestments included $6.1 billion in share sales, including a 401,514-share reduction in DaVita Inc., reflecting liquidity management priorities. - KBW downgraded Berkshire to sell-equivalent while Senate probes the Gates Foundation's $11.7 billion stake for potential tax-exempt status violations. - Record liquidity (13% of total asset

- Bitcoin's November trajectory hinges on Fed's October 29 rate decision, with 96.7% market expectation of a 25-basis-point cut. - Technical analysis shows two scenarios: a post-Fed pullback to $109,000 or a rally toward $120,000 if institutional ETF inflows continue. - Institutional confidence grows as ETFs add $3.5B this month, but retail sentiment remains neutral amid trade tensions and policy uncertainty. - Macro factors favor Bitcoin with 3.75%-4% target rates and weak USD, though hawkish dissent risk

- BNM launches 3-year RWA tokenization plan to boost Malaysia's digital finance leadership in Southeast Asia. - Phased roadmap includes 2026 pilots and 2027 trials, focusing on SME finance, Islamic sukuk, and sustainability tools. - Projects must deliver real-world benefits, blockchain viability, and technical feasibility under BNM's framework. - Collaboration with banks and fintechs aims to enhance transparency and attract ethical investments via Sharia-compliant solutions. - Initiative could reshape fina