Events of the week:
At 22:00 on November 6 (UTC+8), OpenAl held its first developer conference
On November 7, Hashflow unlocked over 160 million HFT tokens
On November 10, Federal Reserve Chairman Powell gave a speech
Fed data:
On October 2, the Federal Reserve kept its benchmark interest rate unchanged at a range of 5.25%-5.50%, in line with market expectations. According to the FOMC statement, economic activity expanded at a "strong pace" in the third quarter. Job growth has slowed but remains strong. Inflation remains high, and the policymaking committee is firmly committed to returning inflation to its 2% target. If risks arise that affect the achievement of goals, be prepared to adjust the policy stance "appropriately".
Powell: No interest rate cut is currently considered.
Weekly token unlock:
GLMR unlocked 3.03 million tokens at 08:00 on November 7, worth $692,400, accounting for 0.39% of the circulating supply
HFT unlocked 160 million tokens at 08:00 on November 7, worth $42.82 million, accounting for 73.74% of the circulating supply
EUL unlocked 140,700 tokens at 11:04 on November 9, worth $506,600, accounting for 0.75% of the circulating supply
APT unlocked 24.84 million tokens at 08:00 on November 12, worth US$173 million, accounting for 10.00% of the circulating supply
Halving situations of major currencies:
BCH Halving: 2024-04-08
BSV Halving: 2024-04-12
BTC Halving: 2024-04-25
ETC production reduction: 2024-08-29
ZEC Halving: 2024-11-19
$lever
