● Greeks.live: With the US election approaching, the market will still be volatile in October
According to Odaily Planet Daily, Greeks.live macro researcher Adam released a list of major events next week (10/14-10/20): Federal Reserve officials will speak intensively next week, but the market's expectations for the next rate cut are relatively unified, and the impact is limited. The election is approaching, and the market needs more election information. Currently, polls show that Harris's approval rating is 2% higher, and Polymarket shows that Trump's approval rating is 10% higher. The crypto market is still volatile in October, and Bitcoin's main term IV is at a medium level. The IV before and after the election has also dropped significantly.
On Monday, October 14, Kashkari, 2026 FOMC voting member and President of the Minneapolis Fed, participated in an expert panel discussion (21:00 ET/8).
On Tuesday, October 15, Fed Governor Waller spoke on the economic outlook (03:00 ET/8). 2024 FOMC voting member and San Francisco Fed President Daly spoke at an event hosted by the New York University Stern School of Business (23:30 ET/8).
Wednesday, October 16: Fed Governor Kugler delivers a speech (01:00 ET 8). UK September CPI (14:00 ET 8).
10/17 Thursday Eurozone September CPI (17:00 ET8). ECB announces interest rate decision (20:15 ET8). US initial jobless claims for the week (20:30 ET8). US September retail sales monthly rate (20:30 ET8). ECB President Lagarde holds monetary policy press conference (20:45 ET8).
On Friday, October 18, Kashkari, 2026 FOMC voting member and President of the Minneapolis Fed, delivered a speech (22:00 ET/8).
● CME "Fed Watch": The probability of a 25 basis point rate cut in November is 89.5%
According to BlockBeats, on October 13, according to CME's "Fed Watch", the probability of the Federal Reserve cutting interest rates by 25 basis points by November is 89.5%, and the probability of maintaining the current interest rate unchanged is 10.5%.
● Data: Bitcoin Google searches drop to lowest level in a year
According to PANews, Google searches for “Bitcoin” hit a one-year low during the week of October 12, 2024. Global interest in the search term dropped to just 33 out of 100.
Meanwhile, searches for “memecoins” were up 77% over the same period, but have yet to break the all-time high of 100 set in late October 2023.
Ki Young Ju, CEO and founder of CryptoQuant, believes that memecoin searches will return to their previous all-time highs by the end of October 2024 as market interest in these digital assets remains high.
According to Odaily Planet Daily, Bitcoin News statistics show that ordinary users currently hold 11.97 million bitcoins, while the government holds 500,000 bitcoins. The situation has officially reversed.
● ARB, AXS and other tokens will unlock about $220 million worth of tokens this week
According to BlockBeats, Token Unlocks data shows that tokens such as ARB and AXS will see large amounts of unlocking this week, with a value of approximately US$220 million.
Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 PM Eastern Time on October 16, accounting for 2.56% of the current circulation and worth approximately US$49.4 million.
Axie Infinity (AXS) will unlock approximately 9.25 million tokens at 9:10 PM ET on October 14, accounting for 6.08% of the current circulation and worth approximately $43.1 million.
Eigenlayer (EIGEN) will unlock approximately 11.22 million tokens at 3:00 a.m. Eastern Time on October 16, accounting for 6.01% of the current circulation and worth approximately US$43.9 million.
Starknet (STRK) will unlock approximately 64 million tokens at 8:00 AM ET on October 15, representing 3.30% of the current circulation and worth approximately $26 million.
Taiko (TAIKO) will unlock approximately 12 million tokens at 8:00 a.m. Eastern Time on October 14, accounting for 14.99% of the current circulation and worth approximately US$18.7 million.
According to PANews, the ranking of the world's most suitable countries and regions for cryptocurrency business in 2024 has been released. The top ten are: Dubai, Switzerland, South Korea, Singapore, the United States, Estonia, Italy, Russia, Germany, and Brazil.
It is reported that Dubai scored highest in regulatory clarity, exemption from capital gains tax, preferential corporate tax (9%) and affordable licensing fees, making it a top cryptocurrency destination; Switzerland has 900 registered cryptocurrency companies and offers a preferential capital gains tax of 7.8% for long-term investors, playing a key role in the global cryptocurrency field.
