● This week's macro outlook: Fed meeting minutes and CPI data are coming out soon
According to Wu Shuo, the U.S. non-farm payroll data for September far exceeded expectations last week, enhancing confidence in a "soft landing" for the economy. Therefore, the market has also lowered its expectations for the extent of interest rate cuts during the year; this week's focus will be on the U.S. CPI in September and the minutes of the Federal Reserve meeting, etc. .
According to PANews, Token Unlocks data shows that APT, EIGEN and other tokens will be unlocked in large amounts this week, with a total value of over $200 million. Among them, Aptos (APT) will unlock about 11.31 million tokens at 3:59 a.m. on October 12, Eastern Time, accounting for 2.25% of the current circulation, with a value of about $103 million.
● After Dencun upgrade, Ethereum mainnet fees hit a record low, and ETH turned to inflation
According to BlockBeats, on October 6, according to IntoTheBlock data, after the Dencun upgrade, Ethereum mainnet fees hit a record low. EIP-4844 cut L2 costs by 10 times, driving a record number of transactions. However, due to the reduction in the number of Ethereum destruction, ETH has turned from deflation to inflation.
According to Odaily Planet Daily, CryptoQuant analysis shows that long-term Bitcoin holders (holding for more than 155 days) are reducing their positions, with their positions falling from $19 billion to $12 billion. Short-term holders' positions have recently surged by $6 billion.
● Crypto companies raised $823 million in September, Celestia leads the way
According to Blockworks, crypto companies raised a total of $823 million in September, involving 200 companies. Celestia topped the list with $100 million in ecosystem financing, followed by Infinex, which raised $65 million through a public token sale. Strategic financing dominated, with TON Foundation raising a large amount of funds for its ecosystem fund.
According to TIE data, 41 companies completed seed rounds last month. DeFi companies announced 33 rounds last month, but the protocol development sector raised the most funds, totaling $192 million.
According to TechFlow, the Hong Kong Securities and Futures Commission (SFC) proposed four strategic priorities in celebration of its 35th anniversary, emphasizing that it will promote the regulatory system for virtual asset trading platforms, support the tokenization of traditional products, and use blockchain and Web 3 technologies. It plans to complete the relevant framework next year.
SFC CEO Leung Fung-yee mentioned that 11 platforms have applied for licenses and are currently in the first phase of review. It is expected that there will be new progress before the end of the year, including the possibility of licensing in batches. In addition, the SFC has also formulated a new licensing system for cryptocurrency over-the-counter trading and custody services, and solicited opinions from the industry.
