📢 Gate Square Daily | October 29

1️⃣ The three major U.S. stock indices continue to hit new highs, while the crypto market experiences a slight decline against the trend.
2️⃣ CME "Fed Watch" data shows: The Federal Reserve is expected to cut interest rates by 25 basis points in October, with a cumulative probability of a 50 basis point cut in December at 91.6%.
3️⃣ BSC chain's Chinese narrative Meme trading is sluggish, "Binance Life" stands out alone.
4️⃣ Visa will accept four types of stablecoin payments on four chains, supporting the exchange of fiat currency.
5️⃣ OpenAI announced the completion of its capital restructuring and may be preparing for an IPO.