This week’s focus:

At 03:00 on January 4 (UTC+8), the Federal Reserve released the minutes of its monetary policy meeting.

On January 4th at 18:00 (UTC+8), Binance launched Sleepless AI (AI)

At 23:00 (UTC+8) on January 4, a consensus conference call of all Ethereum core developers was held

At 21:30 (UTC+8) on January 5, the U.S. Bureau of Labor Statistics will release non-farm data for December 2023.

Stablecoin situation:

1. Tether (USDT) 24-hour change 0.07%, 7-day change 0.77%

2. USD Coin (USDC) 24-hour change 0.38%, 7-day change 0.16%

3. Dai (DAI) 24-hour change 0.32%, 7-day change -0.24%

4. TrueUSD (TUSD) 24-hour change -0.58%, 7-day change -4.78%

5. First Digital USD (FDUSD) 24-hour change -0.06%, 7-day change 0.34%

Peripheral US stock market situation:

The Dow Jones Industrial Average closed up 0.07% at 37,715.04 points;

The Nasdaq closed down 1.63% at 14,765.94 points;

The S&P 500 closed down 0.57% at 4742.83 points.

Fed inflation deflation:

On December 14, the Federal Reserve kept the benchmark interest rate unchanged at 5.25%-5.50%, in line with market expectations.

According to the FOMC statement, the committee will continue to assess new information and its impact on monetary policy, and emphasizes that in order to judge any additional policy tightening that may be appropriate to return inflation to 2% over time, the committee will consider the cumulative tightening of monetary policy, the lag in monetary policy's impact on economic activity and inflation, and changes in the economic and financial situation. Compared with the statement in November, the word "any" was added in December. The dot plot released by the Fed at the same time suggests that the Fed may cut interest rates three times, or 75 basis points, in 2024.

One-week token unlock:

Liquity (LQTY) unlocked 657,300 tokens at 08:00 on January 5, worth $986,000, accounting for 0.69% of the circulating supply

Euler (EUL) unlocked 117,000 tokens at 14:50 on January 4, worth $462,300, accounting for 0.63% of the circulating supply.

Galxe (GAL) unlocked 3 million tokens at 08:00 on January 5, worth $6.97 million, accounting for 3.34% of the circulating supply

Hashflow (HFT) unlocked 13.62 million tokens at 08:00 on January 7, worth $5.31 million, accounting for 4.79% of the circulating supply

Halving of major currencies:

BCH halving: 2024-04-06

BSV halving: 2024-04-13

BTC halving: 2024-04-22

ETC production reduction: 2024-06-18

ZEC halving: 2024-11-22