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🤔 New to crypto? Ask questions with #CryptoAMA hashtag, get answers, and earn rewards! 🧠 Crypto expert? Share your expertise by answering questions in the comments and get rewarded too!
Join our 'Ask Us Anything Crypto' campaign and get up to $5,500 in USDC rewards!
Campaign Period: 2024-10-29 00:00 to 2024-11-20 23:59 (UTC)
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For Creators Posting Questions:
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For Creators Answering Questions:
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3. Top 100 Answers: The top 100 answers with the highest like count will split a 500 USDC prize pool, capped at $5 USDC per answer.

Rewards:
Main Reward Pool: All eligible participants share a 5,000 USDC reward pool. Rewards are capped at 5 USDC per person.Top 100 Reward Pool: The top 100 answers with the highest like count will split a 500 USDC prize pool, capped at $5 USDC per answer.

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This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period. Submissions will be evaluated by a panel from the Binance Square team based on topic relevance, formatting, quality, factual sourcing, and originality. Content must also align with the Campaign Rules. Any content involving hashtag abuse will be disqualified.Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional Activity terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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Next week features a suite of important events—from Avalanche’s network upgrade and significant token unlocks to the Fed rate decision alongside key US economic data. Here’s what to keep on your radar:

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🔐 December 16 – ARB Token Unlock

Arbitrum (ARB) will unlock 92.65 million tokens, valued at approximately $95 million, representing 2.26% of its circulating supply.

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👉 December 16 – Avalanche Etna Upgrade

Avalanche is set to launch its Etna upgrade on December 16, 2024, introducing significant enhancements to its network. This upgrade aims to reduce the costs associated with deploying sovereign Avalanche Layer 1 blockchains by 99.9%, making it more accessible for developers to launch and customize their own chains within the Avalanche ecosystem. Additionally, the upgrade includes the removal of the 2,000 AVAX staking requirement for validators and the introduction of dynamic fee mechanisms on the P-Chain and C-Chain.

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🔐 December 17 – APE Token Unlock

ApeCoin (APE) will unlock 15.60 million tokens, valued at approximately $25 million, representing 2.16% of its circulating supply.

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📊 Fed Interest Rate Decision & US Economic Data Releases

- December 18 – FOMC Press Conference and Fed Interest Rate Decision
- December 19 – Q3 GDP Final Estimate
- December 20 – Core PCE Price Index

With last week’s inflation data showing a slight uptick, markets are strongly pricing in a 25 bps rate cut at the upcoming FOMC meeting, with a 96% probability according to the CME FedWatch Tool. While a 25 bps cut could be seen as bullish for markets, much of its impact is likely already priced in.

In addition to the rate decision, Fed Chair Jerome Powell will hold a press conference, which will be closely watched for insights into the Fed’s outlook on future rate cuts and the overall health of the US economy.

Two other important data releases to watch:

- Q3 GDP Final Estimate (December 19):
   
The final Q3 GDP estimate will confirm the US economy's performance during the quarter. A result consistent with the previous 2.8% growth figure would reinforce this year’s robust growth outlook. However, such strength could dampen expectations for further rate cuts, suggesting the economy remains resilient to current monetary policy.
   
- Core PCE Price Index (December 20):
   
The Core PCE, the Fed’s preferred inflation measure, tracks the average change in prices for goods and services. A decline could be seen bullish for markets, while persistent "sticky inflation" could weaken the case for additional rate cuts at the next meeting.

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That’s all for next week’s action! Keep an eye on these events, and we’ll be back with more updates in the next roundup!