According to Wu says, last week the European Central Bank cut rates as expected, marking the third rate cut in this cycle; this week, the focus is on the Fed's release of the Beige Book on economic conditions and the IMF's release of the World Economic Outlook report.
This week's key events are as follows, with times in GMT+0:
October 22, 2025 FOMC voting member and Kansas Fed President George will speak on economic and monetary policy outlook (05:05) IMF will release the World Economic Outlook report (21:00)
October 23, Bank of Canada interest rate decision (21:45) ECB President Lagarde will speak on the European economic outlook (22:00)
October 24, Federal Reserve will release the Beige Book on economic conditions (02:00) Initial jobless claims for the week ending October 19 (20:30)
October 25, US October Michigan University Consumer Sentiment Index final value (22:00)
● CME predicts a 99.3% probability of a 25 basis point rate cut by the Fed in November
According to Jin10 data, from CME 'FedWatch': There is a 99.3% probability of the Fed cutting rates by 25 basis points by November, a 0.7% probability of a 50 basis point cut, and a 0% probability of maintaining the current rate. The cumulative probability of a 25 basis point cut by December is 24%, a 50 basis point cut is 75.5%, and a 75 basis point cut is 0.5%.
● This week YGG, ADA, and ENA tokens will unlock over $20 million
According to Foresight News, Token Unlocks data shows that this week YGG, ADA, and ENA will see a one-time large token unlock, totaling a value of over $20 million.
Yield Guild Games (YGG) will unlock 14.08 million tokens on October 27 at 22:00, valued at approximately $7.87 million, accounting for 3.64% of the circulation.
Cardano (ADA) will unlock 18.53 million tokens on October 22 at 08:00, valued at approximately $6.83 million, accounting for 0.05% of the circulation. Ethena (ENA) will unlock 12.86 million tokens on October 23 at 15:00, valued at approximately $5.43 million, accounting for 0.47% of the circulation.
Artificial Superintelligence Alliance (FET) will unlock 3.5 million tokens on October 28 at 08:00, valued at approximately $5.11 million, accounting for 0.13% of the circulation.
● XRP Ledger active wallet count reaches 35,799, a 3-month high
According to Odaily Planet Daily, Santiment reported on X that the number of active wallets on the XRP Ledger has surged to 35,799 (with at least one transaction in a single day), the highest level in 3 months. Additionally, 3,858 new wallets were created in a single day, the highest in 7 months.
According to BlockBeats, on October 21, Alternative data shows that today's cryptocurrency fear and greed index is 72, down from 73 yesterday, with market sentiment continuing to rise, and the market sentiment over the past five days is the highest in nearly 3 months. Last week's average fear and greed index was 48, while last month's average was 54.
● VanEck's cryptocurrency ETP size in the European market reaches €2 billion
According to PANews, VanEck CEO Jan van Eck stated that the company has 12 token-based products trading in the European market, and the size of VanEck's cryptocurrency ETP in Europe has reached €2 billion. However, a large portion of this comes from individual investors, with low participation from institutional investors, and wealth management companies have not allocated funds; they haven't even started to take action. Additionally, Jan van Eck mentioned that very few private banks have actually approved investments in Bitcoin or Ethereum, nor have there been significant moves in other crypto assets.
According to Odaily Planet Daily, MicroStrategy founder Michael Saylor recently stated in the Markets with Madison program that companies like Apple may include Bitcoin on their balance sheets. However, MicroStrategy remains unique as the proportion of Bitcoin held in its valuation is very high.
