According to Wu, the European Central Bank cut interest rates as expected last week, which was the third rate cut in this rate cut cycle; this week, the focus will be on the Federal Reserve’s Beige Book on economic conditions and the IMF’s Global Economic Outlook report.
The key events of this week are as follows, the time is in GMT+8:
October 22, 2025 FOMC voting member and Kansas City Fed President Schmid will deliver a speech on the outlook for the economy and monetary policy (05:05) IMF releases the Global Economic Outlook report (21:00)
October 23 Canada’s central bank interest rate decision on October 23 (21:45) ECB President Lagarde speaks on the European economic outlook (22:00)
On October 24, the Federal Reserve released the Beige Book on economic conditions (02:00). The number of initial jobless claims in the United States for the week ending October 19 (10,000) (20:30)
October 25th Final value of the University of Michigan Consumer Confidence Index for October (22:00)
According to Jinshi Data, according to CME's "Fed Watch": the probability of the Fed cutting interest rates by 25 basis points by November is 99.3%, the probability of cutting interest rates by 50 basis points is 0.7%, and the probability of maintaining the current interest rate is 0%. The probability of a cumulative interest rate cut of 25 basis points by December is 24%, the probability of a cumulative interest rate cut of 50 basis points is 75.5%, and the probability of a cumulative interest rate cut of 75 basis points is 0.5%.
● This week, YGG, ADA, ENA and other tokens will unlock more than 20 million US dollars
According to Foresight News, according to Token Unlocks data, this week YGG, ADA, ENA and others will have a one-time large-scale unlocking of tokens, with a total release value of over 20 million US dollars.
Yield Guild Games (YGG) will unlock 14.08 million tokens at 22:00 on October 27, worth approximately US$7.87 million, accounting for 3.64% of the circulation.
Cardano (ADA) will unlock 18.53 million tokens at 8:00 on October 22, worth approximately US$6.83 million, accounting for 0.05% of the circulation. Ethena (ENA) will unlock 12.86 million tokens at 15:00 on October 23, worth approximately US$5.43 million, accounting for 0.47% of the circulation.
Artificial Superintelligence Alliance (FET) will unlock 3.5 million tokens at 8:00 on October 28, worth approximately US$5.11 million, accounting for 0.13% of the circulation.
● The number of active XRP Ledger wallets reached 35,799, a 3-month high
According to Odaily Planet Daily, Santiment published an article on X that the number of active XRP Ledger wallets has increased significantly, reaching 35,799 independent wallets (at least one transfer per day), the highest level in 3 months. In addition, 3,858 new wallets were created in a single day, the highest level in 7 months.
According to BlockBeats, on October 21, according to Alternative data, the cryptocurrency panic and greed index was 72 today, and yesterday it was 73. Market sentiment continued to rise, and market sentiment in the past five days was a nearly three-month high. The average value of the panic and greed index last week was 48, and the average value last month was 54.
● VanEck's cryptocurrency ETP in the European market has reached 2 billion euros
According to PANews, VanEck CEO Jan van Eck said that the company has 12 token-based products for trading in the European market, and the current size of VanEck's cryptocurrency ETP in Europe has reached 2 billion euros. But a large part of it comes from individual investors, institutional investors have low participation, and wealth management companies have not made any allocations, and they have not even started to act. In addition, Jan van Eck said that few private banks have actually approved investments in Bitcoin or Ethereum, and there have been no major initiatives in other crypto assets.
According to Odaily Planet Daily, MicroStrategy founder Michael Saylor recently said on the Markets with Madison program that companies such as Apple may include Bitcoin in their balance sheets. But MicroStrategy will still be unique because the proportion of Bitcoin it holds in its valuation is very high.
