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Federal Reserve Chairman Jerome Powell stated that monetary policy adjustments will continue to be based on the economic outlook and risk balance. He emphasized that there is no risk-free path in the process of balancing employment and inflation targets.
Quick Take Summary is AI generated, newsroom reviewed. A massive Bitcoin whale opened $900M in short positions on BTC and ETH. The whale holds over $11B in assets, signaling significant market influence. Analysts are divided — some call it a hedge, others see it as a bearish bet. The move could trigger volatility across BTC and ETH market trends.References 🚨NEW: A massive $11 BILLION Bitcoin whale just opened $900M in short positions on $BTC and $ETH.
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs hit a $429M outflow, led by BlackRock's ETHA with a nearly $310M withdrawal. Bitcoin ETFs had a $327M outflow, but BlackRock's IBIT was the sole fund to record a net inflow. The outflows reflect a period of profit-taking and caution amid macro uncertainty. High trading volume and IBIT's performance suggest strategic repositioning over a complete market exit.References On October 13, Ethereum spot ETFs recorded a total net outflow of $429
Quick Take Summary is AI generated, newsroom reviewed. BlackRock clients sold $303.82 million in Ethereum, signaling significant institutional profit-taking or reallocation. The sell-off occurred despite Ethereum ETFs recording $3.38 billion in trading volume in 24 hours. Institutional investors currently favor Bitcoin, which saw much stronger inflows than Ethereum products last week. BlackRock's iShares Ethereum Trust (ETHA) maintains market dominance, leading all ETH ETFs by total value.References JUST I
Market sentiment reversed sharply, with global stock markets collectively declining on Tuesday. Gold, silver, and copper retreated, and cryptocurrencies experienced a widespread drop.
The mysterious trader "whale" acted swiftly and decisively. After depositing $40 million in principal on Monday, this address used 10x leverage to establish a bitcoin short position with a notional value of approximately $340 millions.
- 19:33Bitget CandyBomb launches FLK, unlock token airdrop through contract tradingForesight News reported that Bitget CandyBomb has launched the FLK project, with a total prize pool of 13,333 FLK. By completing specific contract trading volume tasks, an individual can earn up to 133 FLK. Detailed rules have been published on the official Bitget platform. Users must click the "Join Now" button to register and participate in the event. The event ends at 20:00 on October 21 (UTC+8).
- 19:33Data: The "10.11" crash event triggers widespread liquidation pressureForesight News reported that glassnode tweeted that last Friday, the open interest of the top 100 assets saw a significant decline, with liquidations occurring across a wide range.
- 19:32Lighter: Compensation for traders affected by today's crash event and LLP holders has been distributed.Foresight News reported that the derivatives protocol Lighter posted on Twitter, stating that compensation for traders affected by the system failure during the crash event, as well as a smaller batch of compensation for LLP holders during the market crash, will be distributed today and is expected to arrive by 4 PM EST. More details will be announced at that time.