https://twitter.com/RedlineDAO
Important news last night:
1. The US government shutdown may lead to the suspension of SEC lawsuits and the postponement of the encryption bill
This week’s focus:
1. On September 28, Holesky will restart on September 28
2. At 16:00 (UTC+8) on September 29, contracts on multiple platforms including Binance and OKX expired
Stablecoin situation:
1. Tether (USDT) 24-hour change 0.00%, 7-day change 0.17%
2. USD Coin (USDC) 24-hour change -0.71%, 7-day change -1.94%
3. Dai (DAI) 24-hour change -0.06%, 7-day change 0.94%
4. TrueUSD (TUSD) 24-hour change -0.06%, 7-day change 13.15%
5. Binance USD (BUSD) 24-hour change -1.44%, 7-day change -5.11%
Peripheral US stocks:
The Dow Jones Industrial Average closed up 0.13% at 34,006.88 points;
The Nasdaq closed up 0.45% at 13,271.32 points;
The S&P 500 closed up 0.4% at 4,337.44.
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 said at a monetary policy press conference that he is firmly committed to reducing inflation to 2% and will raise interest rates further if appropriate.
The latest friendliness of various countries towards the cryptocurrency world:
China: New technologies such as blockchain have greatly changed the way global resource allocation is carried out, the industrial development model and people’s lifestyle. Hong Kong Monetary Authority: Actively promote five major financial technologies including distributed ledger technology in the next 12 months.
United States: The U.S. House Financial Services Committee approved a bill aimed at blocking the U.S. central bank digital currency (CBDC), which will be considered in the House of Representatives later. The bill aims to ban any CBDC pilot projects, prohibit the Federal Reserve from issuing retail digital currencies that can be used for citizen monitoring, and require government-backed tokens to obtain explicit authorization from Congress before any progress is made.
Halving of major currencies:
BCH halving: 2024-04-08
BSV halving: 2024-04-12
BTC halving: 2024-05-04
ETC production reduction: 2024-08-29
ZEC halving: 2024-11-19
