project:
StakeStone is now open for EigenLayer Season 2 EIGEN rewards and will remain open until December 1, 2024.
The TAO Foundation announced that a new subnet will be launched soon, which will be the GPU rental platform Fish, providing scalable computing resources for validators and users, and TAO tokens can be used for payment.
Ethereum Pectra is scheduled to launch in the fourth quarter of 2024 or the first quarter of 2025
[The expected direction is likely to appear in the account abstract concept. ]
Related in-depth article: "Summary of Vitalik's EthCC speech: the history and future of account abstraction"
Ethena to launch new UStb with BlackRock
Over $100 million worth of SUI will be unlocked on October 1, accounting for 2.4% of the circulating supply
[Linear unlocking means increasing shipments in most cases. ]
data:
Last week, the total net inflow of US Bitcoin spot ETFs was US$1.106 billion
Big names’ trends:
CZ's first post after release: There will always be more opportunities in the future than in the past, and he will devote more time to charity and education
CZ still owns about 90% of Ba, but no longer participates in any decision-making
Sam Altman's latest article: In a few thousand days, humans may enter the era of super intelligence
《Vitalik's new article: It's time to align the entire Ethereum ecosystem》
Harris' Arizona campaign office attacked
Shenyu: DeFi carry trading will usher in large-scale growth, and the pattern of government bonds as the main source of income will be broken
【The main reason is that the Treasury bond premium brought about by the Fed’s interest rate cut is good for U.S. Treasury RWA assets. 】
Macro:
Wednesday 20:15 US September ADP employment data released
Thursday 20:30, the number of initial jobless claims in the United States for the week ending September 28 will be released
Friday 20:30, US September seasonally adjusted non-farm payrolls (10,000 people);
20:30, U.S. unemployment rate in September.
ADP is expected to be higher than the previous value, the number of initial jobless claims for the week is expected to be slightly higher than the previous value, the current unemployment rate is expected to be the same as the previous value, and the non-agricultural forecast is expected to be slightly higher than the previous value;
【Expected values overall point to a soft landing】
The current CME FedWatch probability of a 50BP rate cut in November is 53.3%.
On September 27, Shigeki Ishiba was the first Japanese stock to fall from the MD file. The Nikkei 255 index futures fell 5% on the day;
September 30th Nikkei 225 Index fell more than 4% Ishiba Shigeru is about to take over as Prime Minister
【The election of this old sister-in-law has increased the probability of the Bank of Japan raising interest rates, and the market has also responded with real money. 】
As the giant dragon, the central bank gave institutions/shareholders a set of fierce capital allocation and strong operations to manipulate the A-share market. The A-share market was also as fierce as a tiger. All coin friends were ready to move, the Shanghai Stock Exchange server was overwhelmed, and the Chicken Gold Company worked overtime to open accounts. This is not a good thing for encryption, and liquidity has been diverted.
This may correspond to the positive bottom of the deflation cycle. The continuous appreciation of R is a wear and tear on oil.
Regulation:
The US SEC accused Mango DAO and Blockworks Foundation of illegally selling MNGO tokens. Both parties will pay a fine of US$700,000 and stop MNGO-related activities
Telegram founder: IP addresses and phone numbers of users who violate the rules may be disclosed to relevant agencies upon legal request
US SEC delays decision on BlackRock’s Ethereum spot ETF options trading application
Quotes:
Bitcoin has been under pressure all the way up to around 665, and is currently trading sideways, with the altcoin retreating slightly.
The subsequent pressure range moves up to 585-703. Such a strong pull near the previous high is slightly risky;
The strategy suggests that when the pressure zone breaks effectively at a small level, or near a new high, you should reduce your position appropriately to avoid a sharp retracement of the high-level cottage. If it goes up, you should add it back. In this way, you may earn less, but you can avoid being beaten.
At present, it can be said that the 50BP rate cut in November and the positive news from Harris have been priced in;
A sharp retracement of Bitcoin may occur after October 20, and the price and logic will be updated based on the market development.
As the price of Bitcoin increases, the playability of the Bitcoin ecosystem increases. Several leaders in the Bitcoin ecosystem:
Inscription SATS
Rune Dog
ARC20 ATOMARC
L1 DAPP CKB
Double Bridge MUBI
Ordinals Governance Protocol TRAC
The pledge agreement started late and the leader did not emerge
OP_CAT protocol FB project structure is comparable to a pinhole
Copyright:
There are many copycat companies that are trying to pull up the market, but not many of them are sustainable, and even fewer can increase the market tenfold in a wave.
SUI and its ecosystem remain strong in all aspects.
Many foreign media outlets continue to report on the MOODENG prototype hippopotamus. Time magazine called it "a legend" and "a symbol of a certain lifestyle." MOODENG surged more than tenfold in Gate pre-market trading.
There is another DEFI protocol that increased the price by 10 times in 9 days. If anyone knows which project it is, please leave a message in the comment section. As usual, there will be benefits if you answer correctly.
