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Over $400 billion erased from the crypto market in just 6 hours, causing panic among investors and traders.What’s Behind the Massive Drop?Caution Advised as Volatility Returns

Explore how BlockDAG leads top crypto presales, raising $420M with its BWT Alpine Formula 1® Team partnership and 2900% ROI since batch 1.Racing Ahead with Strategic BrandingBuilding a Cultural Presence Beyond CryptoTechnology That Meets Public AppealNumbers That Reflect MomentumFinal Say

Bitcoin’s Taker Buy/Sell Ratio on Bybit hits 12.68, revealing a massive surge in aggressive long positions.Why Aggressive Long Positions MatterIs a Rally Around the Corner?


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- 18:34Ukrainian crypto blogger Kudo found dead in Kyiv, police initially rule as suicideBlockBeats News, October 11, according to RBC-Ukraine, 32-year-old Ukrainian cryptocurrency blogger Konstantin Ganich (online name Kudo) was found dead in Kyiv. Police discovered his body in a car with a gunshot wound to the head, and a weapon registered in his name was found nearby. The preliminary determination is suicide. Kudo was a well-known cryptocurrency blogger and the CEO of Cryptology, engaged in financial and trading consulting and education. In a recent interview, Kudo mentioned that his partner had stolen his funds and disappeared. Kudo had expressed to friends and family that he was feeling depressed due to financial difficulties and had left a suicide note.
- 18:34Tom Lee: Today's decline is a healthy shakeout, and the pullback is a good buying opportunityBlockBeats News, on October 11, Tom Lee, Chairman of BitMine, the largest Ethereum holding institution, commented on today's market flash crash: "The decline was expected, as there has already been a 36% increase since the April low. Today, the fear index VIX once surged by 29%, marking the 51st largest single-day volatility in history, ranking among the top 1% of extreme market moves. Today's drop is a decent shakeout. What I want to tell everyone is that the market is indeed a bit tense, but unless there is a real structural change, this kind of pullback is a good buying opportunity. I can't say for sure that the market has bottomed out today, but we know that under the current circumstances, the returns over the next week or even month will be pretty good. If someone asks me how the market will perform in a week, I would say the probability of an increase is quite high."
- 18:34USDC Treasury mints an additional 250 million USDC on the Solana chainBlockBeats News, October 11, according to Whale Alert monitoring, about 2 minutes ago, USDC Treasury minted an additional 250 million USDC on the Solana chain.