Fed Rate Hike Probability at 90%, U.S.-China Tariff Talks and Crypto Moves

The Federal Reserve is expected to raise interest rates by 25 basis points on Thursday, with market participants pricing in a 90% probability of the move based on futures prices. The Fed will determine its policy during its September 15-16 meeting of the Federal Open Market Committee (FOMC), according to AP.

U.S. and China are discussing lowering tariffs on $30 billion worth of goods, with a potential agreement ahead of a summit between President Donald Trump and Chinese leader Xi Jinping set for September 24. The talks focus on non-sensitive items, aiming to reduce duties by $3 billion each.

BlackRock has withdrawn $159 million worth of Bitcoin (BTC) and Ethereum (ETH) from Coinbase Prime, with 1,698.44 BTC and 11,700 ETH moved. Odele reported the withdrawal amount as $159 million, noting that this alone does not indicate selling pressure or ETF redemptions.

Ripple CEO Brad Garlinghouse stated that U.S. crypto industry growth can proceed regardless of the Clarity Act's legislative outcome, emphasizing technological competitiveness during a speech at the Economic Club of Kansas City on September 15.

Sui plans to launch Hashi Mainnet, allowing Bitcoin (BTC) to remain on its native network while enabling programmable collateral within Sui's ecosystem. Odele reported that Hashi supports lending and liquidity provision after BTC deposits, with a testnet currently active.

The tokenized real-world assets (RWA) market is valued between $46.4 billion and $46.7 billion, but DeFi staking represents only 7.8% of this total. Bitcoin.com reported the RWA market size as $46.7 billion on September 15, while Token Terminal noted DeFi staked assets at $3.6 billion.

Hyperliquid Labs is discussing offering perpetual futures through Payward and U.S.-regulated exchanges for registered users. Bloomberg reported that Payward's Bitnomial product could be part of the offering, though final approval and launch dates remain pending.

Revolut experienced a data breach where customer identity documents, selfies, IBANs, withdrawal records, and Bitcoin transaction histories were exposed via phishing emails targeting Italian government domains. Crypto Briefing reported that Revolut blocked the email accounts and confirmed no impact on customer funds or internal systems.

Bitdeer expanded its AI data center capacity in Johor Bahru, Malaysia by adding 65.1MW, bringing total capacity to approximately 206.5MW. The company's $7 billion pipeline is a potential contract, not confirmed revenue, with A202 power supply expected by Q3 2027.

Crypto markets saw $671.29 million in leveraged positions liquidated within 24 hours as of September 16 at 4:55 AM UTC, with long liquidations accounting for 72.88% of the total at $489.27 million.