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Was the largest liquidation in history a deliberate attack?
In the cryptocurrency sector, holding positions and waiting is a slow form of financial suicide.
The crypto market is stabilizing after the Black Friday crash, and big money is making its move. Three altcoins crypto whales are buying — DOGE, SNX, and ASTER — are seeing strong accumulation, rising smart money signals, and breakout-ready chart patterns pointing to early recovery momentum.
Quick Take Summary is AI generated, newsroom reviewed. Bitmine purchased $480.7 million worth of Ethereum during the recent market crash. The Ethereum whale purchase boosted sentiment and triggered renewed optimism in a potential crypto market rebound. Analysts believe Bitmine is betting on Ethereum’s long-term value and blockchain utility. The move may signal stronger institutional involvement and the beginning of a fresh accumulation cycle.References BREAKING 🚨BITMINE BOUGHT $480.7 MILLION WORTH OF $ETH
October 10, 2025, proved the point: gold absorbed the panic, while crypto magnified it. The “digital gold” myth just met reality.
The AI competition is shifting from an algorithm-focused battle to a comprehensive struggle involving computing power, capital, and energy.
Despite the market’s recent turmoil, a trio of U.S.-origin tokens—ZEN, BAT, and SUPRA—are showing remarkable strength. Technical indicators across all three suggest growing accumulation and renewed investor confidence heading into mid-October.
- 17:15Powell: The Federal Reserve Focuses on Overall Inflation, Not Targeting Housing PricesChainCatcher news, according to Golden Ten Data, Federal Reserve Chairman Powell stated that the Fed focuses on overall inflation, does not target housing prices, and will not directly use the purchase of mortgage-backed securities to address mortgage rate issues.
- 17:15Powell hints at supporting another rate cut later this month as the U.S. job market cools downChainCatcher news, Federal Reserve Chairman Jerome Powell warned on Tuesday that the U.S. labor market is showing further signs of distress, suggesting he may be prepared to support another interest rate cut later this month. Powell pointed out: "The downside risks to employment have increased." This is the strongest indication so far that Federal Reserve officials believe they have enough evidence to support another 25 basis point cut in U.S. borrowing costs. Powell added that even without new data from the Bureau of Labor Statistics (delayed due to the government shutdown), privately produced labor market indicators and internal Federal Reserve research provide sufficient reason to indicate that the job market is cooling. "Existing evidence" shows that "layoffs and hiring numbers remain very low," while "households' views on job opportunities and businesses' perceptions of hiring difficulties continue to trend downward." These remarks indicate that Powell is becoming more dovish on monetary policy.
- 16:57Powell: There is significant uncertainty regarding the "balanced level" of job creationAccording to Golden Ten Data, ChainCatcher reported that Federal Reserve Chairman Jerome Powell stated that there is significant uncertainty regarding the "balanced level" of job creation, and it may have dropped below zero.