Next week's must-watch | Aster Genesis Phase Two ends; Binance Alpha launches LYN, KGEN (10.6-10.12)

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5 hours ago

Federal Reserve Updates

  • On Tuesday at 22:00, 2027 FOMC voting member and Atlanta Fed President Bostic will speak on the economic outlook;
  • On Tuesday at 22:30, Fed Governor Mulan will participate in a fireside chat;
  • On Tuesday at 23:30, 2026 FOMC voting member and Minneapolis Fed President Kashkari will speak;
  • On Thursday at 02:30, the Fed will release the minutes of the monetary policy meeting;
  • On Thursday at 03:15, 2026 FOMC voting member and Minneapolis Fed President Kashkari will speak;
  • On Thursday at 20:30, Fed Chair Powell will deliver opening remarks at a community banking conference hosted by the Federal Reserve Board (pre-recorded);
  • On Thursday at 20:35, Fed Governor Bowman will speak;
  • On Friday at 01:00, Fed Governor Barr and 2026 FOMC voting member and Minneapolis Fed President Kashkari will speak at an event;
  • On Friday at 21:45, 2025 FOMC voting member and Chicago Fed President Goolsbee will deliver opening remarks and moderate a discussion at a community bankers seminar.

Next Week's Key Events

October 6

Binance will launch LYN Alpha trading and perpetual contracts on October 6;

Aster Genesis Phase 2 will end on October 6, and Phase 3 will include spot trading volume;

October 7

Binance will launch KGEN spot and U-based perpetual contracts on October 7;

October 8

UK FCA will lift the ban on crypto ETNs for retail investors on October 8, but ETFs remain restricted;

October 9

The US will announce initial jobless claims for the week ending October 4;

October 12

Enso opens pre-registration for ENSO token airdrop, must be completed by October 12;

From October 6 to October 12, more noteworthy industry events are as follows.

October 6

Binance will launch LYN Alpha trading and perpetual contracts on October 6

Odaily Planet Daily reports that according to the official announcement, Binance will open trading for EverlynAI (LYN) on BinanceAlpha at 15:00 (UTC+8) on October 6, 2025, and will launch the LYNUSDT perpetual contract on the same day at 15:30 (UTC+8), supporting up to 50x leverage. Additionally, eligible users can claim exclusive airdrops using BinanceAlpha points from 07:00 on October 6 to 07:00 on October 7 (UTC).

Aster Genesis Phase 2 will end on October 6, and Phase 3 will include spot trading volume

Odaily Planet Daily reports that the centralized exchange Aster announced that Phase 2 of Aster Genesis will end at 23:59 UTC on October 5 (07:59 Beijing time on October 6). There are still 2 cycles left, and users can continue trading to earn Rh points, with 4% of the total supply of ASTER allocated for Phase 2 rewards. Phase 3 will follow, incorporating spot trading points and updating the reward mechanism.

YZi Labs incubation program Easy Residency will launch its second season on October 6, focusing on Web 3, AI, and life sciences

Odaily Planet Daily reports that YZi Labs (formerly Binance Labs) will launch the second season of its global incubation project Easy Residency on October 6, focusing on Web 3, AI, and life sciences.

Play Solana's first-generation handheld gaming console PSG 1 will start shipping on October 6

Odaily Planet Daily reports that Play Solana announced on the X platform that the first-generation handheld gaming console PSG 1 will start shipping on October 6, and the device will come with a built-in Solana wallet.

October 7

Binance will launch KGEN spot and U-based perpetual contracts on October 7

Odaily Planet Daily reports that according to the official announcement, Binance will open KGEN spot trading on the Alpha platform at 14:00 (UTC) on October 7, 2025, and will launch the KGENUSDT U-based perpetual contract at 14:30 (UTC) on the same day, supporting up to 50x leverage. Additionally, the platform will offer a KGEN token airdrop event for eligible users, who can claim the airdrop using Alpha points from 14:00 on October 7 to 14:00 on October 8 (UTC), with the points to be announced.

Bithumb plans to suspend Kusama (KSM) deposits and withdrawals on October 7

Odaily Planet Daily reports that according to the official announcement, due to the migration of the Kusama (KSM) network (mainnet), Bithumb will suspend Kusama (KSM) deposits and withdrawals at 12:00 on Tuesday, October 7, 2025, and related services will resume after the network stabilizes.

October 8

UK FCA will lift the ban on crypto ETNs for retail investors on October 8, but ETFs remain restricted

Odaily Planet Daily reports that the UK Financial Conduct Authority (FCA) will lift the ban on retail investors purchasing crypto exchange-traded notes (ETNs) starting next Wednesday (October 8). This ban was effective since 2019. According to the FCA's announcement, only crypto ETNs listed on "FCA-approved, UK-based investment exchanges" will be open to retail investors. Unlike ETNs (debt securities linked to crypto assets), crypto exchange-traded funds (ETFs) remain prohibited for retail investors in the UK. The FCA stated that its current regulatory framework "needs to be updated" before considering opening crypto ETFs to retail investors. (Cointelegraph)

Binance will support the Polygon network upgrade and hard fork on October 8

Odaily Planet Daily reports that according to the official announcement, Binance is expected to suspend token deposits and withdrawals for the Polygon (POL) network at 21:12 (UTC+8) on October 8, 2025, to support its network upgrade and hard fork.

October 9

The US will announce initial jobless claims for the week ending October 4

Odaily Planet Daily reports that at 20:39 Beijing time on October 9, the US will announce initial jobless claims for the week ending October 4.

October 10

None

October 11

None

October 12

Enso opens pre-registration for ENSO token airdrop, must be completed by October 12

Odaily Planet Daily reports that the cross-chain interoperability project Enso Network has announced the opening of pre-registration for its native token ENSO airdrop (EnsoDrop). Enso aims to unify all blockchains, Rollups, and smart contracts to create a shared engine for Web 3 composability. Eligible users must visit the official website, enter their Ethereum address to complete registration, and select a staking period for pre-staking on the Ethereum mainnet or BNB Chain. Pre-stakers will become core members of the network from the genesis block, helping to ensure network security. Pre-registration must be completed by 15:00 UTC on October 12, 2025, and addresses that fail to register by the deadline will automatically forfeit their allocation.

Others (specific time not yet determined)

US Treasury Secretary Basant: The interview process for the next Fed Chair is more than halfway complete, and the first round of interviews is expected to be completed next week

Odaily Planet Daily reports that US Treasury Secretary Basant stated on October 2 that more than half of the interviews for the next Fed Chair have been completed, and the first round of interviews is expected to be completed next week, with three to five strong candidates to be recommended to Trump. (Jin10)

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