Dogecoin Breaks Multi-Month Range as $0.21 Resistance Flips to Support
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DOGE outperforms broader crypto markets as volume climbs nearly 10% above weekly averages, signaling early accumulation within breakout structure.
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DOGE outperforms broader crypto markets as volume climbs nearly 10% above weekly averages, signaling early accumulation within breakout structure.
**[Ocean Protocol Requests Fetch.ai to Fulfill Token Migration Commitment, Denies Allegations of "Stealing Community Tokens"]** In response to the controversy following the breakdown of the ASI alliance (comprising Fetch.ai, Ocean Protocol, and SingularityNET), the Ocean Protocol Foundation issued a statement denying Fetch.ai executives' allegations of "stealing community tokens" and accusing them of failing to fulfill legal obligations. Ocean emphasized that the relevant tokens are managed by the independent organization Ocean Expeditions (formerly oceanDAO), which is legally separate from the foundation and was not involved in the ASI merger agreement. Ocean stated that in May 2024, it had clarified to Fetch.ai and SingularityNET the independence of Ocean Expeditions and requested Fetch.ai to promptly inject the committed 110.9 million FET tokens into the token migration contract to ensure the redemption rights of OCEAN holders. Ocean reiterated that the tokens were never stolen or transferred, and the related assets are securely managed by Ocean Expeditions.
[Federal Reserve October Rate Cut Expectation Reaches 98%, Market Focuses on December Policy Direction] The Federal Reserve will hold its monetary policy meeting on October 28-29, and market expectations for a rate cut announcement during this meeting are nearly certain. According to Polymarket data, the probability of the Federal Reserve cutting rates by 25 basis points in October has reached 98%. Meanwhile, traders have started to focus on the direction of monetary policy in December, with Polymarket showing the probability of a 25 basis point rate cut by the Federal Reserve in December climbing to 90%.
[0x960 Whale Opens BTC and ETH Long Positions, Total Holdings Exceed $37 Million] On October 27, monitoring data showed that the whale address starting with 0x960 opened a 15x leveraged ETH long position at an average price of $4,248, with a nominal position value of approximately $15.56 million and a liquidation price of $105,000. Meanwhile, the whale opened a 10x leveraged BTC long position 4 hours ago at an average price of $115,000, which has now been increased to 15x leverage, with a nominal position value of approximately $21.46 million and a liquidation price of $3,705. Previously, this address had adjusted BTC and ETH positions multiple times and closed a BTC short position with a stop loss 12 hours ago.
OKX-BTC/USDT is currently trading at $115984, with a 5-minute increase of 0.22%. Please be aware of market fluctuations.
[39 new wallets have withdrawn 9.94 million LINK from Binance since the market downturn on October 11] Lookonchain monitoring shows that since the market downturn on October 11, 39 new wallets have withdrawn 9.94 million LINK from Binance, with a total value of approximately $188 million.