Highlights this week:

1. At 16:00 on October 16, OKX will remove 8 token spot trading pairs including KOL/USDT

2. On October 17, Coinbase delisted 80 non-USD trading pairs such as ACH-USDT and AGLD-USDT.

3. On October 17, Fed Chairman Barkin delivered a speech on the economic outlook;

4. On October 18, the Ethereum Foundation held a telephone conference for EOF implementers

5. On October 19, the Federal Reserve released the Beige Book on economic conditions.

Stablecoin situation:

1. Tether (USDT) 24-hour change 0.01%, 7-day change -0.03%

2. USD Coin (USDC) has a 24-hour change of 0.27% and a 7-day change of -1.35%

3.Dai (DAI) 24-hour change volume is 0.16%, and 7-day change volume is -0.09%

4.TrueUSD (TUSD) 24-hour change volume 0.04, 7-day change volume -1.32%

5.Binance USD (BUSD) 24-hour change 0.10%, 7-day change -3.97%

External US stock situation: last Friday

The Dow Jones Industrial Average closed up 0.12% at 33,670.29 points, up 0.79% for the week;

The Nasdaq closed down 1.23% at 13,407.23 points, down 0.18% for the week;

The S&P 500 index closed down 0.50% at 4327.78 points, up 0.45% on the week.

Fed Inflation Deflation:

On September 21, the Federal Reserve kept its benchmark interest rate unchanged at a range of 5.25%-5.50%, in line with market expectations. According to the Federal Reserve's FOMC statement, 12 officials expected to raise interest rates once more this year, and 7 officials expected to keep rates unchanged.

Federal Reserve Chairman Powell said at the monetary policy press conference that he is firmly committed to reducing the inflation rate to 2% and will further raise interest rates if appropriate.

Weekly token unlocks:

ApeCoin (APE) unlocked 15.6 million tokens at 08:00 on October 17, worth $16.6 million, accounting for 4.23% of the circulating supply

Axie Infinity (AXS) unlocked 15.13 million tokens at 21:10 on October 20, worth $65.04 million, accounting for 11.50% of the circulating supply

SPACE ID (ID) unlocked 18.49 million tokens at 08:00 on October 22, worth $3.46 million, accounting for 6.46% of the circulating supply

Cartesi (CTSI) unlocked 21.43 million tokens at 12:00 on October 23, worth $2.79 million, accounting for 2.91% of the circulating supply

Halving situations of major currencies:

BCH halving: 2024-04-08

BSV Halving: 2024-04-12

BTC Halving: 2024-04-25

ETC production reduction: 20