This week’s focus:

At 14:32 on January 17 (UTC+8), Ethereum developers plan to upgrade Dencun on Goerli

The 179th ACDE meeting is scheduled for January 18

On January 21, eToro terminated its crypto custody services in Germany

Stablecoin situation:

1. Tether (USDT) 24-hour change -0.01%, 7-day change 1.46%

2. USD Coin (USDC) 24-hour change 0.10%, 7-day change -0.23%

3. Dai (DAI) 24-hour change -0.48%, 7-day change -0.83%

4. TrueUSD (TUSD) 24-hour change 0.10%, 7-day change -7.00%

5. First Digital USD (FDUSD) 24-hour change 0.18%, 7-day change 9.98%

Peripheral US stock market situation: Last Friday

The Dow Jones Industrial Average fell 0.31% to 37,592.98 points, up 0.34% for the week;

The S&P 500 index rose 0.08% to 4783.83 points, up 1.84% for the week;

The Nasdaq rose 0.02% to 14,972.76 points, up 3.09% for the week.

Fed inflation deflation:

On December 14, 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, the committee will continue to assess new information and its impact on monetary policy, and emphasizes that in order to judge any additional policy tightening that may be appropriate to return inflation to 2% over time, the committee will consider the cumulative tightening of monetary policy, the lag in monetary policy's impact on economic activity and inflation, and changes in the economic and financial situation. Compared with the statement in November, the word "any" was added in December. The dot plot released by the Fed at the same time suggests that the Fed may cut interest rates three times, or 75 basis points, in 2024.

One-week token unlock:

Flow (FLOW) unlocked 2.6 million tokens at 08:00 on January 16, worth $2.22 million, accounting for 0.18% of the circulating supply

ApeCoin (APE) unlocked 15.6 million tokens at 08:00 on January 17, worth $22.78 million, accounting for 4.23% of the circulating supply

Axie Infinity (AXS) unlocked 3.43 million tokens at 21:10 on January 18, worth $28.06 million, accounting for 2.53% of the circulating supply

Nym (NYM) unlocked 3.27 million tokens at 08:00 on January 19, worth $727,700, accounting for 0.51% of the circulating supply

Injective (INJ) unlocked 3.67 million tokens at 08:00 on January 21, worth $140 million, accounting for 4.33% of the circulating supply

SPACE ID (ID) unlocked 53.27 million tokens at 08:00 on January 21, worth $16.45 million, accounting for 12.37% of the circulating supply

Halving of major currencies:

BCH halving: 2024-04-06

BSV halving: 2024-04-13

BTC halving: 2024-04-22

ETC production reduction: 2024-06-18

ZEC halving: 2024-11-22