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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.
- 19:33Monad co-founder: Privy server overload prevents some users from completing identity verificationForesight News reported that Monad co-founder Keone tweeted that due to excessive load on the Privy server, some users are unable to complete identity verification in the Monad claim portal. Privy is working to resolve this issue.
- 19:33Prime broker LTP receives in-principle approval from Dubai Virtual Assets Regulatory AuthorityForesight News reported that global institutional prime broker LTP announced that its Dubai subsidiary, Liquidity Fintech FZE, has received an In-Principle Approval (IPA) for a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). LTP stated that this approval will enable LTP to further expand its regulated business footprint in the UAE, provide virtual asset brokerage services through Liquidity Fintech FZE, and become a regional hub for qualified and institutional investors in the Middle East.
- 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).