🚨 🇰🇷 South Korean stocks surge, triggering a brief “cooldown”! 📈 The KOSPI climbed around 4.7% intraday, while the Korea Exchange activated its buy-side sidecar mechanism, suspending program buy orders for five minutes. Chip stocks led the rebound, with Samsung Electronics and SK hynix both gaining more than 7%. #KOSPI# #KoreanStocks# #oncoin#

📉 Market sentiment has slipped into “Extreme Fear,” yet some Wall Street analysts are still raising their expectations for individual stocks. The CNN Fear & Greed Index is down to 23, while: • Datadog : Bernstein upgraded the stock to Outperform, raising its price target from $237 to $350. • Amazon : Morgan Stanley named it a Top Pick and raised its price target to $350. This contrast highlights a gap between broader market sentiment and growth expectations for selected companies. Upcoming earnings will be key to testing that optimism. 🔍 #WallStreet# #MarketSentiment# #oncoin#

BlackRock is looking to add a “buffer” to Bitcoin investing. The company has filed with the SEC for the proposed iShares Bitcoin Managed Protection ETF, which would use IBIT options and fixed-income assets to retain some upside exposure while seeking a degree of downside protection. Its proposed ticker is PBIT.

Another liquidation wave hits both crypto longs and shorts! 💥 Over the past 24 hours, 97,234 traders were liquidated, with total liquidations reaching $341 million: 🟢 Longs: $187 million — 54.9% 🔴 Shorts: $154 million — 45.1% Across the market, long liquidations were slightly higher. BTC and ETH, however, saw the opposite: shorts accounted for 53.4% and 62.4% of their respective liquidation totals. A single ETHUSDT short liquidation on Binance alone totaled $11,805,700. #oncoin#

U.S. futures are holding up for now, but Japan’s market is still feeling the pressure. 🇯🇵 Japan’s stock market came under pressure in early trading following losses in U.S. tech stocks. The Nikkei briefly fell more than 2% before paring some of its losses. Investors are focused on AI-related valuations and earnings expectations, while Japanese institutions’ continued selling of overseas bonds is also being closely watched. With Monday marking the anniversary of the 1987 “Black Monday,” investor sentiment is understandably cautious. For now, however, the market still appears to be undergoing a normal correction rather than heading toward a systemic crash.

Over the weekend, market chatter made “Black Monday” sound inevitable. But ahead of Monday’s open, U.S. stock futures moved slightly higher instead of extending the selloff: • S&P 500 futures: +0.2% • Nasdaq 100 futures: +0.2% • Dow futures: +0.1% Falling energy prices, along with President Trump’s call for a Russia–Ukraine ceasefire, offered some relief to risk assets. 📈 Still, this looks more like a brief recovery in sentiment than a clear all-clear signal. The modest gains suggest pressure hasn’t disappeared just yet. #USStocks# #WallStreet# #Markets#

This week’s market focus is centered on earnings from SpaceX, Tesla, and Meta 📉, as Wall Street sentiment has cooled significantly. On Tuesday (October 20), September pending home sales data will be released at 10:00 a.m. ET, with Netflix and SpaceX reporting results after the close 📊. On Wednesday (October 21), Tesla and Meta will release their earnings after the market closes 🚀. On Thursday (October 22), initial jobless claims will be published at 8:30 a.m. ET 📝. On Friday (October 23), the October flash PMI will be released at 9:45 a.m. ET, followed by the final University of Michigan consumer sentiment index and inflation expectations at 10:00 a.m. ET 📈. According to FactSet, 79 S&P 500 companies are scheduled to report earnings this week. Federal Reserve officials remain in a blackout period ahead of the October 28 interest rate decision. The CNN Fear & Greed Index currently stands at 18, its lowest level since April 😱. #oncoin# #TSLA# #META# #SpaceXt#

📊 Data shows: This week, U.S. tech stocks wiped out as much as $1.9 trillion in market value. The Nasdaq 100 plunged 5.5% in a single week its biggest weekly drop in nearly 18 months. 📉 The contrast is stark: just the week before, retail investors went on a buying spree of AI and chip stocks, pouring in $9.1 billion in one week their largest weekly purchase in nearly four months. 🔥 #TechStocks# #Nasdaq100# #AIBubble# #RetailInvestors# #oncoin#

🚀 SpaceX is set to release its first full quarterly earnings report since going public. After the US market closes on October 20, SpaceX (SPCX) will report its Q3 results. Market attention will focus on Starlink’s business growth, Starship’s development progress, and overall profitability. #SpaceX# #Q3Earnings# #oncoin#

The U.S. national debt has surpassed $40 trillion, raising growing concerns about the sustainability of this level of borrowing. Yields on both the 10-year and 30-year Treasury bonds have climbed to their highest levels in more than 20 years, with the bond market already reacting. Meanwhile, federal spending remains highly concentrated. Social Security and Medicare together cost $2.8 trillion ( $1.7 trillion and $1.1 trillion respectively ), forming the main drivers of fiscal pressure. The latest data show that the U.S. budget deficit has approached $2 trillion — the highest in five years and the third-largest in history — after rising 12% in just one year. Treasury Secretary Scott Bessent has said the United States can “grow its way out” of the rising debt burden, but markets clearly do not share that view. #oncoin#

🚨 Indonesian Stocks and Rupiah Slide as MSCI Downgrade Proposal Sparks Heavy Selling Indonesian stocks plunged more than 11% intraday, marking their steepest decline since 1998 and triggering a temporary trading halt. The selloff followed MSCI’s proposal to reclassify Indonesia from an “Emerging Market” to a “Standalone Market.” The proposal remains under consultation, amid concerns over market transparency, concentrated ownership and trading integrity. Investors fear that, if implemented, the downgrade could force global funds tracking the relevant indexes to sell Indonesian stocks, potentially triggering billions of dollars in capital outflows. Meanwhile, the Indonesian rupiah weakened to 18,070 per US dollar, approaching its record low of 18,190. #oncoin# #MSCİ#

🚨 Warsh in Bangkok: Optimistic About AI’s Long-Term Potential, Leaves Further Rate Hikes Open Federal Reserve Chair Kevin Warsh addressed artificial intelligence, inflation, and upcoming interest-rate decisions during the IMF–World Bank Annual Meetings in Bangkok: 🔹 AI could bring profound economic change Warsh described AI as potentially one of the most consequential developments for the U.S. and global economies in his lifetime, with the potential to boost productivity and create greater wealth. 🔹 Significant long-term potential, but near-term pressures remain The AI boom is driving investment and demand while pushing up some prices. Future efficiency gains are promising, but current inflationary pressures also warrant attention. 🔹 The transition could be bumpy AI’s near-term impact on employment remains uncertain. The shift toward a more productive economy could involve ongoing adjustments and volatility. 🔹 Reaffirming the commitment to price stability Discussing September’s rate hike, Warsh described it as a step toward reducing monetary accommodation and restoring price stability. 🔹 No clear signal on the next rate hike He offered no explicit guidance on whether the Fed would raise rates again at its October 27–28 meeting, nor did he declare that rate hikes were over for the year. The October and December meetings remain key opportunities to assess conditions and determine the next move. With the latest U.S. inflation figures coming in above expectations, whether the Fed will continue raising rates remains a central question for markets. #oncoin#

TOKEN2049 may be over, but the conversation continues. 🌐🥂 OnCoin gathered with friends from across the global Web3 community at Yong Fu in Singapore. In an elegant, understated fine-dining setting, we talked cryptoand the industry’s next chapter. Great people, real conversations, one memorable night. ✨ @captain_kent @fugui8 @plpiaoliang @Afei_th @0xAstra @Xuegaogx @Astraluna66 @LMDC5288 @liierqi @zhengrong999 @sicheng1990 #OnCoin# #Token2049# #Web3# #Crypto#