This week’s focus:

On November 6 at 22:00 (UTC+8), OpenAI held its first developer conference

On November 7, Hashflow unlocked more than 160 million HFT tokens

On November 10, Federal Reserve Chairman Powell delivered a speech

Stablecoin situation:

1. Tether (USDT) 24-hour change -0.07%, 7-day change 0.90%

2. USD Coin (USDC) 24-hour change -0.02%, 7-day change -1.96%

3. Dai (DAI) 24-hour change 0.09%, 7-day change -1.55%

4. TrueUSD (TUSD) 24-hour change -0.05%, 7-day change -0.47%

5.Binance USD (BUSD) 24-hour change -0.05%, 7-day change 0.08%

Peripheral US stock market situation: Last Friday

The Dow Jones Industrial Average closed up 0.66% at 34,061.32 points, up 5.07% for the week;

The S&P 500 index closed up 0.94% at 4,358.34 points, up 5.85% for the week;

The Nasdaq closed up 1.38% at 13,478.28 points, up 6.61% for the week.

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:

Moonbeam (GLMR) unlocked 3.03 million tokens at 08:00 on November 7, worth $692,400, accounting for 0.39% of the circulating supply

Hashflow (HFT) unlocked 160 million tokens at 08:00 on November 7, worth $42.82 million, accounting for 73.74% of the circulating supply.

Euler (EUL) unlocked 140,700 tokens at 11:04 on November 9, worth $506,600, accounting for 0.75% of the circulating supply.

Aptos (APT) unlocked 24.84 million tokens at 08:00 on November 12, worth $173 million, accounting for 10.00% 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