This week’s focus:
At 20:30 on October 27 (UTC+8), the United States announced the September core PCE price index
Stablecoin situation:
1. Tether (USDT) 24-hour change 0.02%, 7-day change 0.67%
2. USD Coin (USDC) 24-hour change -0.21%, 7-day change -1.36%
3. Dai (DAI) 24-hour change 0.22%, 7-day change -0.45%
4. TrueUSD (TUSD) 24-hour change 0.40%, 7-day change -12.07%
5. Binance USD (BUSD) 24-hour change -0.94%, 7-day change -1.47%
Peripheral US stock market situation:
The Dow Jones Industrial Average closed down 0.76% at 32,784.30 points;
The Nasdaq closed down 1.76% at 12,595.61 points;
The S&P 500 closed down 1.18% at 4,137.23 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.
Fed Chairman Powell: Evidence shows that current monetary policy is not too tight
Fed Chair Powell: Additional evidence of economic strength could warrant rate hike
One-week token unlock:
Galxe (GAL) unlocked 586,000 tokens at 20:00 on October 27, worth $786,000, accounting for 1.26% of the circulating supply
Yield Guild Games (YGG) unlocked 12.58 million tokens at 22:00 on October 27, worth $3.43 million, accounting for 6.80% of the circulating supply
SingularityNET (AGIX) unlocked 9.53 million tokens at 8:00 on October 28, worth $1.94 million, accounting for 0.78% of the circulating supply
Optimism (OP) unlocked 24.16 million tokens at 12:00 on October 30, worth $33.82 million, accounting for 2.74% of the circulating supply
dYdX (DYDX) unlocked 2.16 million tokens at 23:00 on October 31, worth $4.98 million, accounting for 1.21% of the circulating supply
Acala (ACA) unlocked 27.43 million tokens at 15:00 on November 1, worth $1.38 million, accounting for 3.31% 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
