Weekly Preview | U.S. September CPI inflation data to be released Wednesday; Paradigm's annual Frontiers conference to be held, covering stablecoins, AI and more

Key upcoming events:

• U.S. September CPI inflation data will be released on Wednesday. Investors will use it to gauge the possible timing of the Federal Reserve's next rate hike. Although gold has withstood multiple headwinds, downside risks remain, and the inflation data due next week is especially critical;

• Paradigm's annual Frontiers conference will be held October 12–14 in San Francisco, covering topics including stablecoins, AI and more;

• Arbitrum (ARB) will unlock approximately 92.65 million tokens at 8:00 PM Beijing time on October 16, about 1.56% of circulating supply, worth approximately $18.4 million;

• Federal Reserve Chair Warsh will speak at the IMF annual meetings in Bangkok on October 16;

• Cronos (CRO) will unlock approximately 1.17 billion tokens at 9:03 AM Beijing time on October 17, about 2.33% of circulating supply, worth approximately $69.5 million;

• Ronin Waypoint will shut down its wallet on October 16, and users need to migrate their assets in time.

October 12

Exchanges:

U.S. cash bond market to close on October 12; U.S. stocks and Treasury futures to trade normally

According to the holiday schedule of the Securities Industry and Financial Markets Association (SIFMA), the U.S. cash bond market will be closed next Monday (October 12). October 12 is Columbus Day in the U.S., one of the federal holidays, but holiday arrangements vary by region. For financial markets, U.S. stock markets will open normally, and CME U.S. Treasury futures will also trade normally, but the U.S. cash bond market will be closed all day. U.S. cash bonds and Treasury futures are not the same trading instrument: cash bonds refer to actually issued U.S. Treasuries, corporate bonds, commercial paper, etc., while Treasury futures are standardized futures contracts based on U.S. Treasuries.

XRP treasury company Evernorth completes business combination, plans to list on October 12

XRP treasury company Evernorth has completed its business combination with special purpose acquisition company Armada Acquisition Corp. II. At closing, the company held approximately 473 million XRP and raised approximately $300 million in total gross cash proceeds (before transaction expenses). Its common stock is expected to begin trading on Nasdaq under the ticker XRPN starting October 12.

Upbit to delist Ravencoin (RVN) trading pairs on October 12

UPBIT will stop trading support for Ravencoin (RVN) at 15:00 local time on October 12, 2026. Affected trading pairs include RVN/KRW, RVN/BTC and RVN/USDT. Users need to complete RVN withdrawals before November 11, 2026.

Project updates:

Cosmos staking protocol Stride proposes orderly shutdown of its chain and migration to Osmosis; users can redeem stTokens normally before October 12

Cosmos ecosystem liquid staking protocol Stride posted on X that, as its operating funds are nearly exhausted, it proposes an orderly shutdown of the Stride chain, with current TVL of about $6 million. Users can redeem stTokens normally before October 12, after which redemptions will be paused. Redemptions are expected to resume on Osmosis around November 20, and stTokens will not expire. The project said that at the current burn rate, funds would be exhausted by February 2027; after migration, stATOM, stOSMO and other stTokens will enter Osmosis conversion pools at fixed rates, redemptions will become a swap, and no staking yield will be generated after migration is complete.

Fables plans FABLES token TGE on October 20; claim guide to be announced on October 12

Robinhood Chain ecosystem trading platform Fables announced that the FABLES token TGE is planned for October 20, with the ve(3,3) mechanism launching simultaneously. The points campaign has been extended to October 19; the project will announce the claim guide on October 12, and points participants must choose between claiming liquid tokens or locking veFABLES between October 12 and 19. The PROLOGUE holder snapshot is planned for October 17–18, and the final conversion ratio will be confirmed after the snapshot. The official statement says every 40 eligible PROLOGUE can be redeemed for at least 1 liquid FABLES. At most 75 million FABLES will be circulating at TGE, and the team's share will not be circulating at that time. Fables said the platform currently has 52 markets, about $45 million in deposits and over $2 billion in cumulative trading volume on Robinhood Chain. The above arrangements may still be adjusted due to legal review and implementation circumstances.

Community events:

Paradigm's annual Frontiers conference to be held October 12–14 in San Francisco, covering stablecoins, AI and more

Paradigm General Partner and CTO Georgios Konstantopoulos posted on X that Paradigm's annual conference and hackathon Frontiers will be held October 12–14, 2026 in San Francisco. The conference is invitation-only, with no booths or sponsors, and covers cutting-edge topics including stablecoins, artificial intelligence, robotics, post-quantum cryptography and more, aimed at the most forward-looking geeks and developers. Applications are now open.

Token unlocks:

Aptos (APT) will unlock approximately 11.31 million tokens at 4:00 AM Beijing time on October 12, about 0.64% of circulating supply, worth approximately $9.5 million

October 13

Project updates:

Kalshi may terminate its volume incentive program on October 13

According to documents filed with the U.S. Commodity Futures Trading Commission (CFTC), Kalshi plans to terminate its volume incentive program as early as October 13. The program was designed to distribute rewards to traders through a reward pool (with reward amounts depending on their share of eligible trading volume), thereby improving market liquidity.

Unichain to migrate to OP Enterprise; testnet to migrate on October 13

Uniswap's Layer 2 network Unichain posted on X that it will migrate to OP Enterprise to prepare for OP Stack native interoperability. Once interoperability features go live, users will be able to transfer assets between OP Stack chains without cross-chain bridges, starting with ETH. The Unichain testnet will migrate on October 13, and the mainnet is planned to migrate in late October.

New USDC minting on Noble via Circle Mint to stop on October 13

Circle announced that, as part of the transition to the next-generation cross-chain protocol CCTP V2, it will discontinue support for USDC and CCTP V1 on the Noble blockchain. CCTP V2 offers faster finality and stronger security, but Noble will not receive CCTP V2 support. New USDC minting on Noble via Circle Mint will stop on October 13, and the USDC contract on Noble will be paused on January 12, 2027. Circle said all USDC on Noble can still be redeemed at a 1:1 ratio.

Monad launches Metropolis global hackathon with over $250,000 in prizes; submission deadline October 13

Monad announced the launch of the "Metropolis" global hackathon, a six-week event with 4 tracks: on-chain finance and trading, consumer products and payments, social and attention and culture, and trust and identity and AI infrastructure. The total prize pool is $250,000, and the submission deadline is October 13.

Special attention:

Apple to release smart home hub on October 13, with simultaneous updates to HomePod mini and new Apple TV

Apple plans to release its smart home hub codenamed J490 (an approximately 6-inch square display that can be wall-mounted or placed on a desk) on October 13, along with the first updated HomePod mini since 2020 and the first new Apple TV since 2022. This is the first major product test for new CEO John Ternus (who took office on September 1), and the new products will prominently feature a Siri AI assistant based on large models, supporting recognition of multiple family members and displaying personalized content.

October 14

Macroeconomics:

At 8:30 PM on October 14, the U.S. will release September CPI and core CPI

U.S. September CPI inflation data will be released on Wednesday. Investors will use it to gauge the possible timing of the Federal Reserve's next rate hike. Although gold has withstood multiple headwinds, downside risks remain, and the inflation data due next week is especially critical.

Project updates:

ChatGPT announces GPT-5.5 model to be retired starting October 14

OpenAI announced that it will remove the GPT-5.5 model across ChatGPT, ChatGPT Work and Codex on October 14. The company recommends that developers and teams still using GPT-5.5 in Codex migrate to GPT-5.6 Sol or GPT-6 Astra as soon as possible to avoid service interruptions or capability changes.

Bitwise announces liquidation of its Dogecoin spot ETF BWOW; October 14 is the last trading day

The Bitwise Dogecoin ETF (BWOW) will be liquidated and closed, with October 14 as its last trading day on NYSE Arca. On October 22, investors will receive their net asset value in cash. Bitwise said the move is part of its ongoing effort to optimize its product lineup to meet changing investor demand.

Arc launches 10,000 USDC micro-grant program; application deadline October 14

Arc announced the launch of a micro-grant program that will provide 500 USDC each to 20 eligible early-stage projects, totaling 10,000 USDC. Applicant projects must be mini-apps, prototypes, proof-of-concepts or other early technical experiments running on the Arc mainnet, and must submit a usable deployment link and a public code repository. The application deadline is October 14, and results are expected to be announced before October 21. The grant involves no equity, intellectual property transfer or exclusivity requirements.

Bloomberg: Anthropic to launch IPO as early as mid-November; plans to meet potential investors on October 14

According to Bloomberg, citing people familiar with the matter, Anthropic is seeking to go public as early as mid-November, and may begin formal IPO marketing during the week of November 9, aiming to begin trading before Thanksgiving on November 26, with the latest expectation still being to complete the listing before year-end. People familiar with the matter said Anthropic plans to meet potential investors at its San Francisco headquarters on October 14 in preparation for its initial public offering (IPO).

People familiar with the matter said some potential investors believe Anthropic's reasonable valuation range is about $1.8 trillion to $2 trillion, and the company expects its IPO size to reach or exceed that of SpaceX. Anthropic's 2025 revenue was about $4.6 billion, up from $386 million in 2024, but its net loss was close to $42 billion, of which more than $34 billion came from changes in fair value of liabilities, and its operating loss exceeded $8 billion.

October 15

Macroeconomics:

At 4:00 AM on October 15, the Federal Reserve will release the Beige Book on economic conditions

U.S. 2025 tax year extended filing deadline is October 15; crypto traders need to verify filing information

The extended filing deadline for U.S. 2025 tax year individual federal income tax returns is October 15. The Internal Revenue Service (IRS) states that this deadline applies to taxpayers who have already filed for an extension, and is not a new deadline specific to crypto assets; an extension only extends the time to file, not the time to pay. For 2025 digital asset transactions, Form 1099-DA provided by brokers may not include cost basis, and taxpayers still need to calculate relevant gains or losses themselves and report them as required.

Project updates:

Sonic Labs: Unclaimed tokens from Season 1 and Season 2 airdrops will be burned if not claimed before October 15

According to an official announcement released by Sonic Labs in April, approximately 32.69 million S tokens from the Season 1 and Season 2 airdrops have not yet been claimed, and will be burned on October 15, 2026 if not claimed before the deadline. Season 1 airdrop claims before April 18, 2026 will still incur a penalty, and claims between April 18 and October 15 can be made without penalty; Season 2 airdrop claims before May 24 will incur a penalty, and claims between May 24 and October 15 can be made without penalty. Tokens not claimed after the deadline will be permanently burned.

Velodrome and Aerodrome to upgrade to Aero on October 21; xVELO must be bridged back to OP before October 15

Optimism ecosystem DEX Velodrome will merge and upgrade with Base ecosystem DEX Aerodrome into Aero on October 21. The launch chains have been confirmed as OP mainnet and Ink, which will continue VELO issuance and voting before launch, while other chains will gradually stop token issuance and cross-chain support. Networks that have closed or will close Gauges functionality include Celo, Fraxtal, Soneium, Unichain, Superseed, Metal, Mode, Swell and Lisk. Among them, Celo, Fraxtal, Soneium and Unichain still plan to retain trading and liquidity provision functionality after Aero launches, but will no longer offer Gauges, voting or token issuance.

The official statement says xVELO on all chains must be bridged back to OP mainnet before October 15; Lisk assets must be withdrawn before October 31, and cannot be recovered after the deadline; except for OP mainnet and Ink, staked LP should be unstaked after Gauges are disabled. In addition, Superseed, Metal and Mode are no longer actively maintained, and Swell has been taken offline.

Token unlocks:

Sei (SEI) will unlock approximately 55.56 million tokens at 8:00 PM Beijing time on October 15, about 0.84% of circulating supply, worth approximately $3.7 million

Token unlocks:

Starknet (STRK) will unlock approximately 127 million tokens at 8:00 AM Beijing time on October 15, about 3.37% of circulating supply, worth approximately $13.9 million

October 16

Policy and regulation:

Thailand SEC releases crypto ETF regulatory framework effective October 16, initially limited to Bitcoin and Ethereum

The Securities and Exchange Commission (SEC) of Thailand issued 11 related announcements establishing the framework for the establishment and regulation of crypto ETFs, effective October 16. The rules require crypto ETFs to be passive funds tracking the price of a single crypto asset, with an average net exposure to that asset of no less than 80% of net asset value per fiscal year; initially, investable underlying assets are limited to Bitcoin and Ethereum. Such ETFs will be listed and traded exclusively on the Stock Exchange of Thailand (SET), assets must be held by SEC-regulated digital asset custodians, and brokers may not provide margin financing for them. The SEC also allows mutual funds and private funds to invest in local crypto ETFs, but initially does not allow the issuance of depositary receipts or other substitute products related to overseas crypto ETFs.

Macroeconomics:

Federal Reserve Chair Warsh to speak at IMF annual meetings in Bangkok on October 16

According to the IMF Bangkok annual meetings schedule, Federal Reserve Chair Warsh will participate in a moderated conversation at the International Monetary Fund (IMF) annual meetings on October 16 local time, corresponding to 11:30 AM Beijing time on October 16. Wall Street Journal reporter Nick Timiraos previously said this is a public appearance by Fed officials before entering the "quiet period" ahead of the October 27–28 policy meeting.

Project updates:

MAS proposes new stablecoin rules covering "cross-border recognition and interest prohibition"; consultation period until October 16

The Monetary Authority of Singapore (MAS) plans to amend the Payment Services Act 2019 to introduce a stablecoin regulatory framework covering cross-border recognition, interest restrictions and financial stability safeguards. The framework will cover locally issued single-currency stablecoins pegged to the Singapore dollar or G10 currencies, and only licensed issuers may market their tokens as MAS-regulated stablecoins. MAS proposes to allow jointly issued stablecoins registered in Singapore to be included in the framework where risks are sufficiently mitigated, and to consider granting limited recognition to a small number of foreign stablecoins subject to comparable overseas regulatory frameworks, particularly for cross-border wholesale use cases. In addition, MAS plans to prohibit the payment of interest on MAS-regulated stablecoins and impose additional requirements on issuers such as stress testing, recovery and orderly wind-down plans. The consultation period runs until October 16.

Ronin Waypoint to shut down its wallet on October 16; users need to migrate assets in time

The Ronin Waypoint wallet is about to cease service, and users need to complete asset transfers before the final migration deadline of October 16, otherwise assets left in the Waypoint wallet may become inaccessible. This migration mainly affects users using social login, keyless or MPC wallets.

Users can choose to migrate assets to Ronin Stash, which supports email or social login, or transfer them to a Ronin Wallet protected by a seed phrase. Users who only use seed phrase wallets are not affected by this migration. In addition, bAXS and Badges need to be handled separately through the Axie official migration page, and this operation can only be completed once. The official reminder is for users to confirm that the target wallet has received the assets after migration, and to check whether any assets remain in the Waypoint wallet.

Argentine crypto exchange Lemon exits Brazilian market due to excessive regulatory capital requirements; all Brazilian accounts to be automatically closed on October 16

Argentine crypto exchange Lemon announced that it will cease local operations due to excessive regulatory capital requirements in Brazil. The platform will stop Lemon Card services on September 30 and automatically close all Brazilian accounts on October 16. Lemon said that applying for the crypto business license required by Brazil's central bank would require locking up a large amount of capital, disproportionate to the scale of its local business, so it decided to exit.

Token unlocks:

Arbitrum (ARB) will unlock approximately 92.65 million tokens at 8:00 PM Beijing time on October 16, about 1.56% of circulating supply, worth approximately $18.4 million

October 17

Token unlocks:

Cronos (CRO) will unlock approximately 1.17 billion tokens at 9:03 AM Beijing time on October 17, about 2.33% of circulating supply, worth approximately $69.5 million

deBridge (DBR) will unlock approximately 618 million tokens at 8:00 AM Beijing time on October 17, about 10.25% of circulating supply, worth approximately $12 million

October 18

Nothing yet