The Week Ahead | @infinityhedge
Solar Eclipse on Oct. 2
Macro:
*Powell Speaks on 30
*China’s Golden Week holidays Starts from Oct. 1
*VP debate: Walz & Vance CBS debate on Oct. 1
*U.S. Initial Jobless Claims on Oct. 3
*U.S. Nonfarm Payrolls and Unemployment Rate on Oct. 4
Crypto:
*Transfer restrictions on the EIGEN token are expected to be removed on 30
*Axelar Network Announcement on 3
*SEC deadline to appeal XRP ruling on 6 [SEC Expected to Appeal Judge’s Ruling Concerning the XRP programmatic sales in the Ripple lawsuit]
*Event: Ethereum Kuala Lumpur 2024: Conference: 5-6 Oct., Hackathon: 4-6 Oct.
Token Unlocks: $900M [%'s are of Cir. supply]
⊷ ZETA: 13.4%: $40M on 1
⊷ MAV: 9.5%: $8.7M on 1
⊷ ENA: 22.53%: $158M on 2
⊷ SUI: 2.4%: $120M on 2
⊷ IMX: 2%: $54M on 4
⊷ NEON: 93.4%: $19M on 7
⊷ MODE: 38.4%: $6.5M on 7
October Month:
*Uniswap v4 Launch
*Starknet Staking
*Avalanche Upgrade Known as 'Avalanche9000'
**LAZIO Token Unlock ~20%: $4M
*TIA Token Unlock worth around $1B
*FTX voting results filing, confirmation of the Plan hearing, Omnibus Hearing
What Bloomberg Economics Says:
“We expect a robust headline print for September nonfarm payrolls, which could even revive talk of “no landing” for the US economy. But we think the headline figure will overstate labor-market strength, partly because of overstatements related to the BLS’s ‘birth-death’ model, and partly due to temporary seasonal effects.”
Earnings/Charts/Articles ⬎ : infinityhedge
QCP: The S&P 500 is up 5.1% for the quarter, marking its best year-to-date performance since 1997. Bitcoin has surged over 7% this month, on track for one of its strongest September performance on record. Global risk-on sentiment remains strong as we enter Uptober. We maintain a positive medium-term outlook. A breakout above 70k could trigger further upside momentum. — link : Wu Blockchain News
Читать полностью…According to Spot On Chain, the Ethereum Foundation address sold 100 ETH today through CoWSwap in exchange for 262,474 DAI. As of 2024, the EF has sold 3,766 ETH in exchange for approximately 10.46 million DAI, with an average selling price of $2,777 per ETH. In September alone, the Foundation has sold 1,250 ETH, worth approximately $3.06 million. — link : Wu Blockchain News
Читать полностью…Bithumb, South Korea's second largest cryptocurrency exchange, announced at an extraordinary shareholders' meeting that it is considering listing on the Nasdaq in the United States, with the goal of listing in the second half of next year, with Samsung Securities as the main underwriter. Bithumb's market share is about 10% to 20%. — link : Wu Blockchain News
Читать полностью…Binance will list EigenLayer (EIGEN) and apply the seed tag at 05:00 (UTC+8) on October 1, 2024. Eigenlayer is an Ethereum-based middleware protocol that introduces the concept of re-staking. This is also the first coin listed by Binance in recent times besides TON ecosystem tokens and memecoin. — link : Wu Blockchain News
Читать полностью…Israeli Special Forces Launch Raids Into Lebanon Ahead of Possible Ground Incursion that could come as soon as this week: WSJ : infinityhedge
Читать полностью…Digital asset inflows hit $1.2B for the third week, as Bitcoin rakes in $1B and Ethereum snaps a 5-week outflow streak with $87M. - 𝕏/@cryptounfolded : Leviathan News
Читать полностью…Taiwan's Financial Supervisory Commission announced that professional investors can invest in foreign virtual asset ETFs through a re-entrustment method. Professional investors include professional institutional investors, high-net-worth investment institutions, high-asset clients, etc. — link : Wu Blockchain News
Читать полностью…Last week (September 23 to September 27), Bitcoin spot ETFs had a net inflow of US$1.11 billion last week. BlackRock ETF IBIT had an inflow of US$499 million, and 21Shares Bitcoin ETF ARKB had an inflow of US$269 million. — link
Last week (September 23 to September 27), Ethereum spot ETFs had a net inflow of $84.51m. Grayscale ETF ETHE had an outflow of $127m. Blackrock ETF ETHA had an inflow of $94.95m, and Fidelity ETF FETH had an inflow of $64.91m. — link : Wu Blockchain News
This week, several employment data will be released in the United States. On October 4, the United States will release the September unemployment rate and the September seasonally adjusted non-farm payrolls. On October 2, the United States will release the September ADP employment data. On September 30, Federal Reserve Chairman Powell will deliver a speech at the National Association for Business Economics. — link : Wu Blockchain News
Читать полностью…FTX creditors will not receive payout today, contrary to rumors of a $16B payout - Protos : Leviathan News
Читать полностью…Ethereal exchange proposes to build on Ethena using USDe, commits 15% of token supply to circulating ENA holders — link : unfolded. DeFi
Читать полностью…According to TokenUnlocks, the single large-amount unlocking in the next 7 days includes ENA SUI IMX ZETA NEON ADA DYDX MAV MODE, etc., and the linear large-amount unlocking in the next 7 days includes SOL WLD TAO AVAX SEI NEAR DOT DOGE BEAM FIL, etc. The total unlocking value exceeds 735 million US dollars. — link : Wu Blockchain News
Читать полностью…Spot and perps DEX named Ethereal proposed to be built on Ethena Network — link | tl;dr : unfolded. DeFi
Читать полностью…ZA Bank, the largest virtual bank in Hong Kong, has obtained SFC approval to allow the company to add virtual asset trading conditions to its Type 1 license. The bank will actively prepare for relevant sandbox tests. — link : Wu Blockchain News
Читать полностью…According to CoinShares, digital asset investment products saw a total inflow of $1.2 billion for the third consecutive week last week, in response to expectations of continued dovish monetary policy in the United States. Bitcoin saw inflows of $1 billion, and Ethereum broke its five-week negative trend with inflows of $87 million. — link : Wu Blockchain News
Читать полностью…Digital asset investment products saw a third consecutive week of inflows totalling $1.2bn, in expectations of continued dovish monetary policy in the US.
Bitcoin saw inflows of $1bn while Ethereum broke its 5-week negative spell, with inflows of $87m, the first measurable inflows since early-August — link : unfolded.
Jihan Wu's Matrixport announced the official completion of the all-cash acquisition of Swiss compliant crypto asset management company Crypto Finance (Asset Management) AG (CFAM), providing compliant crypto asset management services to the pan-European market. — link : Wu Blockchain News
Читать полностью…Binance Pool has officially launched Bellscoin (BEL) merged mining. Mine Litecoin (LTC) and earn rewards in LTC, Dogecoin (DOGE) and BEL. BEL is not currently listed (tradable) on Binance. The launch of BEL mining service on Binance Pool does not guarantee a token listing on Binance. Bellscoin was created 8 days prior to Dogecoins birth, by the same creator (Billy Markus). — link : Wu Blockchain News
Читать полностью…According to the latest FTX bankruptcy filing, the next court hearing to confirm the reorganization plan will be held on October 7, 2024. If the plan is approved, creditors with claims of less than $50,000 may begin to receive compensation by the end of 2024. Parties with larger claims may not receive compensation until the first or second quarter of 2025. — link : Wu Blockchain News
Читать полностью…NEW: 🇿🇼 Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar❗️
The currency was introduced just six months ago. : Bitcoin
DATA: 🟠 $1.6 Billion worth of #Bitcoin shorts will be liquidated at $70,000 👀 : Bitcoin
Читать полностью…Over 481 million Celestia ($TIA) tokens allegedly were liquid at genesis, an amount greater than the 269 claimed in the documentation - 𝕏/@gtx360ti : Leviathan News
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