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What to Watch Next Week | Aster Genesis Phase 2 Concludes; Binance Alpha Launches LYN and KGEN (October 6-12)
Azuma
Odaily资深作者
@azuma_eth
2025-10-05 11:02
This article is about 2883 words, reading the full article takes about 5 minutes
Several Federal Reserve officials delivered speeches intensively; the UK FCA will lift the ban on crypto ETN investments for retail investors.

Federal Reserve News

  • At 10:00 PM on Tuesday, 2027 FOMC voting member and Atlanta Fed President Bostic will deliver a speech on the economic outlook.
  • At 22:30 on Tuesday, Federal Reserve Board Governor Milan will participate in a fireside chat;
  • At 23:30 on Tuesday, Kashkari, a 2026 FOMC voting member and President of the Minneapolis Fed, will deliver a speech;
  • At 02:30 on Thursday, the Federal Reserve will release the minutes of its monetary policy meeting;
  • At 03:15 on Thursday, Kashkari, a 2026 FOMC voting member and President of the Minneapolis Fed, delivered a speech;
  • At 8:30 PM on Thursday, Federal Reserve Chairman Powell will deliver a pre-recorded opening speech at a community bank conference hosted by the Federal Reserve Board.
  • At 20:35 on Thursday, Federal Reserve Board Governor Bowman delivered a speech;
  • At 01:00 on Friday, Federal Reserve Board Governor Barr and 2026 FOMC voting member and Minneapolis Fed President Kashkari spoke at an event;
  • At 9:45 PM on Friday, Goolsbee, 2025 FOMC voting member and President of the Federal Reserve Bank of Chicago, delivered opening remarks and led a discussion at a community banker seminar.

Next week's highlights

October 6

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

The second phase of Aster Genesis will conclude on October 6, and the third phase will include spot trading volumes ;

October 7

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

October 8

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

October 9

The U.S. will release initial jobless claims for the week ending October 4 ;

October 12

Enso has opened pre-registration for the ENSO token airdrop, which must be completed before October 12 ;

From October 6th to October 12th, more noteworthy events in the industry are previewed as follows.

October 6

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

According to an official announcement, Binance will launch EverlynAI (LYN) trading on Binance Alpha at 3:00 PM (UTC+8) on October 6, 2025, and will also launch LYNUSDT perpetual contracts on Binance Futures at 3:30 PM (UTC+8) on the same day, supporting up to 50x leverage. Eligible users can also claim an exclusive airdrop using Binance Alpha Points between 7:00 AM (UTC) on October 6 and 7:00 AM (UTC) on October 7.

Aster Genesis Phase 2 will conclude on October 6th, with Phase 3 to include spot trading volumes

Odaily Planet Daily reports that centralized exchange Aster has announced that the second phase of its Aster Genesis token sale will conclude at 23:59 UTC on October 5th (07:59 Beijing Time on October 6th). With two cycles remaining, users can still trade and earn RH points. 4% of the total ASTER supply has been allocated for Phase 2 rewards. Phase 3 will follow shortly thereafter, incorporating spot trading points and updating the rewards mechanism.

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

Odaily Planet Daily News YZi Labs (formerly Binance Labs) announced that it 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 game console, the PSG 1, will start shipping on October 6th.

Odaily Planet Daily reported that Play Solana announced on the X platform that the first-generation game console PSG 1 will be shipped starting October 6th. The device will have a built-in Solana wallet.

October 7

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

According to an official announcement from Odaily Planet Daily, Binance will launch KGEN spot trading on the Alpha platform at 2:00 PM (UTC) on October 7, 2025, and will also launch KGENUSDTU-margined perpetual contracts at 2:30 PM (UTC) on the same day, supporting up to 50x leverage. The platform will also offer a KGEN token airdrop to eligible users. Users can claim the airdrop using Alpha Points between 2:00 PM (UTC) on October 7, 2025, and 2:00 PM (UTC) on October 8, 2025. The points redemption period will be announced later.

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

According to an official announcement from Odaily Planet Daily, due to the migration of the Kusama (KSM) network (mainnet), Bithumb will suspend Kusama (KSM) deposits and withdrawals at 12:00 noon on Tuesday, October 7, 2025. Related services will be resumed after the network stabilizes.

October 8

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

Odaily Planet Daily News: The UK Financial Conduct Authority (FCA) will lift the ban on retail investors purchasing crypto exchange-traded notes (ETNs) starting next Wednesday (October 8). The ban came into effect in 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) are still prohibited from being offered to 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 8th

According to an official announcement from Odaily Planet Daily, Binance plans to suspend token deposits and withdrawals for the Polygon (POL) network at 21:12 (Eastern Time) on October 8, 2025, to support its network upgrade and hard fork.

October 9

The U.S. will release initial jobless claims for the week ending October 4.

Odaily Planet Daily News: At 20:39 Beijing time on October 9, the United States will announce the number of initial jobless claims for the week ending October 4.

October 10

None

October 11

None

October 12

Enso opens pre-registration for the ENSO token airdrop, which must be completed before October 12th.

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

Others (specific time undetermined)

U.S. Treasury Secretary Benson: The interview process for the next Federal Reserve Chairman is more than halfway through, and the first round of interviews is expected to be completed next week

According to Odaily Planet Daily, U.S. Treasury Secretary Benson said on October 2nd that more than half of the interviews for the next Federal Reserve Chair had been completed yesterday. The first round of interviews is expected to be completed next week, and three to five strong candidates will be recommended to Trump. (Jinshi)

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