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Facing internal disagreements and immense political pressure, how will Federal Reserve Chairman Powell signal the future policy path? This may be the key factor determining the direction of the market.
The airdrop also involved controversial addresses, including individuals linked to insider trading scandals and large holders with abnormal behavior, which further intensified the community's trust crisis and exposed the project to the risk of class action lawsuits.
How does the x402 Foundation turn a single line of code into the golden key for AI payments?
The rise of Sun Wukong not only represents Justin Sun’s strategic positioning in the decentralized contract sector once again, but also symbolizes the resurgence of the Chinese DEX narrative.
In Brief JPYC Inc. released Japan's first legally recognized yen-backed stablecoin, JPYC. JPYC operates on multiple blockchains and aims to reach 10 trillion yen circulation. Japanese tech and finance firms support JPYC’s integration into various ecosystems.
In Brief Tokenomist data reveals $653 million in coin releases from October 27 to November 3. SUI, GRASS, and SIGN coins will see significant market supply increases. Daily releases continue for major projects like Solana, Worldcoin, and Dogecoin.
In Brief Ant Group applied for AntCoin trademark in Hong Kong, signaling digital finance aspirations. The company's move could align AntCoin with new stablecoin regulatory framework. AntCoin indicates Ant Group's strategic integration of traditional finance and blockchain.
In Brief ClearBank joins CPN for enhanced blockchain-based payments with Circle integration. Collaborative efforts focus on stablecoin-regulated international transfers. Innovations expected to reduce costs and dependency on traditional systems.
- 15:30Analysis: The Federal Reserve may announce the end of quantitative tightening this weekAccording to ChainCatcher, citing Golden Ten Data, analysts from research institution Wrightson predict that the Federal Reserve may be ready to announce the end of its balance sheet reduction this week. Recent movements in the overnight repo market indicate that financing conditions have tightened, and bank reserves have dropped to levels close to what is considered equilibrium. The Wrightson team stated that this move would be a cautious measure to avoid putting excessive pressure on the funding markets.
- 15:29Standard Chartered: If progress goes smoothly this week, BTC may never fall below $100,000 againAccording to ChainCatcher, Standard Chartered Bank stated that "if things go smoothly this week," bitcoin may never fall below $100,000 again. Analyst Geoffrey Kendrick pointed out that the bitcoin-to-gold ratio has rebounded to slightly above its previous level. This ratio compares the market capitalization of bitcoin to that of gold, and it rises as bitcoin's market cap grows. Another key signal of renewed market strength is that spot bitcoin ETFs are expected to see new capital inflows. If even half of the funds flow back into bitcoin ETFs from Monday to Wednesday this week, it would be a strong sign of renewed market sentiment. In recent weeks, capital inflows into bitcoin ETFs have lagged behind those of gold ETFs, and "some catching up is needed."
- 15:29X Layer mainnet technical upgrade has officially started and is expected to last about one hour.According to ChainCatcher, as stated in the official announcement, the X Layer mainnet technical upgrade has officially begun and is expected to last about one hour. During the upgrade, the X Layer mainnet will suspend block production, and all services related to X Layer will be temporarily halted; after the upgrade is completed, the X Layer mainnet will resume block production, and related services will gradually be restored in sync.