This week’s focus:
At 02:00 on November 2 (UTC+8), the Federal Reserve released its November resolution statement:
At 02:30 on November 2 (UTC+8), Federal Reserve Chairman Powell held a monetary policy press conference
Binance opens MEME trading at 16:00 (UTC+8) on November 3
At 21:30 (UTC+8) on November 3, the United States released the October non-farm data:
Stablecoin situation:
1. Tether (USDT) 24-hour change 0.21%, 7-day change 0.41%
2. USD Coin (USDC) 24-hour change -0.69%, 7-day change -1.17%
3. Dai (DAI) 24-hour change -1.04%, 7-day change -3.51%
4. TrueUSD (TUSD) 24-hour change -0.39%, 7-day change -1.39%
5. Binance USD (BUSD) 24-hour change -0.87%, 7-day change -3.30%
Peripheral US stock market situation:
The Dow Jones Industrial Average closed up 0.38% at 33,052.87 points;
The Nasdaq closed up 0.48% at 12,851.24 points;
The S&P 500 closed up 0.65% at 4,193.80 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:
Acala (ACA) unlocked 27.43 million tokens at 15:00 on November 1, worth $1.41 million, accounting for 3.31% of the circulating supply
ImmutableX (IMX) unlocked 18.08 million tokens at 06:00 on November 4, worth $12.35 million, accounting for 1.50% of the circulating supply
Liquity (LQTY) unlocked 657,000 tokens at 08:00 on November 5, worth $1.12 million, accounting for 0.7% of the circulating supply
Galxe (GAL) unlocked 7.61 million tokens at 20:00 on November 5, worth $10.51 million, accounting for 16.36% of the circulating supply
Hashflow (hft) unlocked 160.38 million tokens at 08:00 on November 7, worth $42.43 million, accounting for 73.92% 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
