Ripple Expands Custody Network to Africa Following RLUSD Rollout

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9309732027 BTC: With the implementation of interest rate cuts, there has been a significant decline in the market, but it has not affected the overall bullish trend of the market. After the market reached a new high again, the tariff issue reappeared. This tariff issue directly triggered a black swan event in the market, resulting in a significant decline. However, based on the overall top market trend, it is judged that this tariff decline cannot affect the long-term development direction in the future. The relationship is mainly affected by the trade war, and the market has not fallen below the key support point of 100000. After the needle closes, it enters a short-term adjustment stage, and the current market will mainly focus on repair adjustment, without significant fluctuations. In the near future, short-term operations should be the main focus, and waiting for the repair to find opportunities to buy the bottom should be the main approach. Short term pressure level 113400-114400. Short term support point 111400-110000. Short term trading is mainly conducted within this range. ETH: Ethereum has experienced a significant decline due to the impact of the tariff event, with an overall drop of up to 22%. Although the decline is significant, it will maintain a relatively strong recovery state during the subsequent callback and repair process. During the callback process, it has not shown a continued downward trend. Now, it is necessary to focus on whether there is a bearish signal at the high level of short-term Ethereum level callback. In the short term, the market will continue to fluctuate in a large range or continuously move up and down to sweep the market. In recent times, short-term operations have been the main focus and profit margins have been kept as conservative as possible to prevent sweeping actions from being washed out. Short term pressure level 4200-4320, short-term support point 4075-3975. Tencent Meeting Number: 930 973 2027 Join the Fuxi Community and enjoy a variety of service offerings 1. Conduct market analysis for daily open courses and develop plans for matching orders and solving problems. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Multiple market analysis and strategic trading within the day. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

[Bank of America CFO Predicts Fed May Cut Rates Twice This Year] Bank of America's CFO expects the Federal Reserve to cut rates twice within this year, which could push fourth-quarter net interest income to the high end of the projected range.

Bitcoin traded near the bottom of its range at $112,000 while altcoins tumbled, led by FET’s steep drop.

[Ethereum Foundation Reminder to Update L2 Deployment Software] The Ethereum Foundation stated that some L2 deployments on Sepolia are not functioning properly due to changes in proof format introduced by EIP-7549. The official recommendation is for all Blob initiators to update their software to create Cell Proof as a replacement for Blob Proof to address the related issues.

[U.S. Treasury Secretary: Government Shutdown Costs $15 Billion Per Day] On October 15, U.S. Treasury Secretary Besent stated that the wave of economic investment in the United States is just beginning and is sustainable, but the federal government shutdown is becoming an obstacle. During the International Monetary Fund and World Bank Annual Meetings, he pointed out that the shutdown has already caused the U.S. economy to lose approximately $15 billion in output per day.