Highlights this week:

On January 22, the court hearing between the US SEC and Binance

At 16:00 on January 23 (UTC+8), BSC plans to conduct a Kepler hard fork on the main network.

On January 25, the U.S. SEC will make a decision on Grayscale Ethereum spot ETF conversion application

At 18:00 on January 25th (UTC+8), Binance will list AltLayer (ALT) on January 25th.

Stablecoin situation:

1.Tether (USDT) 24-hour change volume -0.19%, 7-day change volume -0.44%

2.USD Coin (USDC) 24-hour change volume -0.08%, 7-day change volume 0.71%

3.Dai (DAI) 24-hour change volume -0.18%, 7-day change volume 0.87%

4.TrueUSD (TUSD) 24-hour change volume -0.22%, 7-day change volume -8.38%

5. First Digital USD (FDUSD) 24-hour change volume is 1.83%, and 7-day change volume is 0.69%

External US stock situation: last Friday

The Dow rose 1.05% to 37863.80 points, a weekly increase of 0.72%;

The S&P 500 index rose 1.23% to 4839.81 points, a weekly increase of 1.17%;

The Nasdaq rose 1.70% to 15,310.97 points, a weekly increase of 2.26%.

Fed Inflation Deflation:

On December 14, the Federal Reserve kept its benchmark interest rate unchanged at a range of 5.25%-5.50%, in line with market expectations.

According to the Federal Reserve's FOMC statement, the Committee will continue to evaluate new information and its implications for monetary policy and emphasized that in order to judge the degree of any additional policy tightening that may be appropriate to return inflation to 2% over time, the Committee will consider the impact of monetary policy on Cumulative tightening, the lag in the impact of monetary policy on economic activity and inflation, and changes in economic and financial conditions. Compared with the expression in November, the word "any" was added in December. The dot plot chart released by the Federal Reserve at the same time suggests that the Federal Reserve may cut interest rates three times in 2024, or 75 basis points.

Weekly token unlocks:

Dydx (DYDX) unlocked 575,300 tokens at 23:00 on January 23, worth $1.62 million, accounting for 0.18% of the circulating supply

Acala (ACA) unlocked 4.66 million tokens at 08:00 on January 25, worth $438,400, accounting for 0.53% of the circulating supply

Yield Guild Games (YGG) unlocked 16.69 million tokens at 22:00 on January 27, worth US$8.75 million, accounting for 5.94% of the circulating supply

SingularityNET (AGIX) unlocked 9.11 million tokens at 08:00 on January 28, worth $2.54 million, accounting for 0.73% of the circulating supply

Halving situations of major currencies:

BCH Halving: 2024-04-06

BSV Halving: 2024-04-13

BTC Halving: 2024-04-23

ETC production reduction: 2024-06-16

ZEC Halving: 2024-11-22