This week’s focus:
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 0.24%, 7-day change 0.77%
2. USD Coin (USDC) 24-hour change -1.41%, 7-day change -2.88%
3. Dai (DAI) 24-hour change -0.30%, 7-day change -3.13%
4. TrueUSD (TUSD) 24-hour change -0.48%, 7-day change -0.61%
5.Binance USD (BUSD) 24-hour change -2.63%, 7-day change -5.70%
Peripheral US stocks:
The Dow Jones Industrial Average closed up 1.70% at 33,839.08 points;
The Nasdaq closed up 1.78% at 13,294.19 points;
The S&P 500 closed up 1.89% at 4,317.78 points.
Fed inflation deflation:
On October 2, the Federal Reserve kept the benchmark interest rate unchanged at 5.25%-5.50%, in line with market expectations.
According to the Fed's FOMC statement, economic activity expanded at a "strong pace" in the third quarter. Job growth slowed but remained strong. Inflation remained high, and the policy-making committee was firmly committed to returning inflation to the 2% target. If risks to the achievement of the target emerge, it is prepared to adjust the policy stance "as appropriate."
Federal Reserve Chairman Powell: There is absolutely no consideration of lowering interest rates at this time.
One-week token unlock:
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
