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🔥🔥🚀🛑Iran launched missiles in retaliation against Israel, markets fall down🔥🔥⭕️🚀 -$BTC has fallen for three consecutive days due to market panic caused by the Iran-Israel conflict. Yesterday, it fell to around $60,000. The market may have significant fluctuations. Please be aware of the risks. -$ETH has fallen for 4 consecutive days, with a 24-hour drop of 5.48%. Compared with BTC, it has fallen into a weak trend again. The issuance of Eigenlayer (EIGEN) seems to have failed to open up more imagination space for the Ethereum ecosystem. With the lackluster fundamentals, the market is more interested in competitors such as SOL and SUI. -As Bitcoin’s decline widened yesterday, altcoins experienced a general decline. A series of popular TON blockchain game MEME tokens listed recently fell sharply. The current market environment is complex and volatile. The uncertainty of the extent of the Fed’s interest rate cuts and unexpected events are disturbing the market. On this Monday, Federal Reserve Chairman Powell’s hawkish remarks lowered market expectations for a 50 basis point rate cut in November, causing short-term volatility in the U.S. stock market. However, in the end, the three major indexes still closed slightly higher, and the overall performance in September was strong. The Dow Jones Industrial Average and the S&P 500 both hit new closing highs and achieved five consecutive monthly increases. Although there is debate in the short term about the extent of the Fed’s interest rate cuts, in the long run, it has become a market consensus that the Fed has a lot of room for interest rate cuts, which will be beneficial to long-term liquidity easing for global stock markets and crypto markets. However, last night Iran launched a missile attack on Israel in military retaliation, and short-term panic quickly had a price impact on the US stock and crypto markets, causing the market to fall. From historical experience, conflicts in the Middle East often lead to a fall in asset prices such as the crypto market.

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🔥🚀🚀 $BTC will pump hard after this retracement. There is a big tension now, between Iran and Israel. I will expecting a big retrace. #BTCReboundsAfterFOMC #BTCPredictedNewATH #IranianMissilesPlummetsBTC #BTCUptober

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$SHIB 🚀🚀🚀🔥 Shiba Inu (SHIB) on verge of becoming profitable again🔥🔥🚀🚀🚀 Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors. Data provided by IntoTheBlock shows that 50% of Shiba Inu (SHIB) holders are currently profitable at a price of $0.00001718, suggesting a potential for profit growth if prices continue to rise. Also, 73% of SHIB's large holders are whales, which means that these market players could significantly influence price fluctuations via their buying and selling actions. The price movements of Shiba Inu are closely tied to the overall cryptocurrency market, especially Bitcoin, due to their strong correlation. Despite some conflicting signals about SHIB's prospects, there are signs of growing demand on trading platforms, highlighted by a substantial increase of 128.19% in bid-ask volume imbalance. Investors should keep an eye on the important price level of $0.00001700, as surpassing this threshold may trigger a more robust upward movement and enhance profitability for SHIB investors.

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🛑⭕️📛 New Development on the Fate of Terra (LUNA) – Developers Released an Official Statement🔱🔥🤷🏾‍♂️ Terraform Labs, the developer of Terra (LUNA) blockchain products, has announced that it is in talks with third-party organizations to take over the operations of some of its products and services. However, if these negotiations do not result in a successful transfer, Terraform Labs will shut down these services by October 30, 2024. The company’s official statement, shared via its X (formerly Twitter) account, outlined the affected products and services. Terraform Labs won court approval for bankruptcy last week after reaching a settlement with the SEC. The company agreed to pay a $4.47 billion fine to the SEC in January. Terraform Labs was the company behind the Terra (LUNA) token, which went bankrupt in 2022, setting off the collapse of a nearly $40 billion ecosystem. The company, previously led by founder Do Kwon, was placed into bankruptcy management following the collapse. Terraform Labs stated that negotiations are ongoing, but if agreements cannot be finalized, these products and services will be discontinued by the end of October. *This is not investment advice. ** Excerpts from CoinMarketCap

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🔥🔥🔥 👏🏽 Former Alameda Research CEO Gets 24 Months in Jail for FTX Collapse 👏🏽 🔥🔥🔥🔥 Key Points: Former Alameda Research CEO Caroline Ellison received a 24-month prison sentence for her role in the collapse of cryptocurrency exchange FTX. Ellison's testimony was crucial in convicting FTX founder Sam Bankman-Fried, but Judge Kaplan ruled that her cooperation did not exempt her from responsibility. Ellison, 29, had earlier pleaded guilty to seven felony charges, including fraud and conspiracy, which could raise a potential sentence of up to 110 years. Where the defence team argued for no prison time against her substantial assistance in the case, Judge Kaplan emphasised that the lady's cooperation did not necessarily relieve her of responsibility for the size of the fraud. Ellison's testimony played a role in Bankman-Fried being convicted to serve 25 years in prison. Bankman-Fried had engineered what U.S. District Judge Lewis Kaplan termed one of the largest financial frauds in American history, misappropriating an estimated $10 billion of FTX customers, investors, and lenders. While working for Alameda Research, Ellison had taken part in attempts to conceal the company's dire financial status and mislead investors. Ellison Faces Prison and $11 Billion Forfeiture During her trial, the former Alameda Research CEO testified that, at the behest of Bankman-Fried, she created phoney balance sheets to hide how FTX was using customer funds to borrow and borrowed billions from company executives. Her articulate testimony and ability to recall key documents were deemed pivotal in the case brought by the government. In addition to the prison term, Ellison was sentenced to forfeit $11 billion, which many have said she will never pay. She is to report to prison on November 7, after which three years of probation will be waiting for her.

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