This week’s focus:
1. At 22:45 on October 17 (UTC+8), Barkin of the Federal Reserve gave a speech on the economic outlook;
2. On October 18, the Ethereum Foundation held a telephone conference for EOF implementers
3. On October 19, the Federal Reserve released the Beige Book on economic conditions.
Stablecoin situation:
1.Tether (USDT) 24-hour change volume is 0.17%, and 7-day change volume is 0.11%
2. USD Coin (USDC) 24-hour change 0.27%, 7-day change -1.15%
3. Dai (DAI) 24-hour change -0.06%, 7-day change -0.64%
4. TrueUSD (TUSD) 24-hour change 0.10, 7-day change -1.22%
5. Binance USD (BUSD) 24-hour change -0.64%, 7-day change -4.29%
Peripheral US stock market situation:
The Dow Jones Industrial Average closed up 0.93% at 33,984.54 points;
The Nasdaq closed up 1.20% at 13567.98 points;
The S&P 500 closed up 1.06% at 4373.63 points.
Fed inflation deflation:
On September 21, the Federal Reserve kept the benchmark interest rate unchanged at 5.25%-5.50%, in line with market expectations. According to the Federal Reserve FOMC statement, 12 officials expected one more rate hike this year, and 7 officials expected it to remain 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.
One-week token unlock:
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 of major currencies:
BCH halving: 2024-04-08
BSV halving: 2024-04-12
BTC Halving: 2024-04-25
ETC production reduction: 2024-08-29
ZEC Halving: 2024-11-19
