PANews reported on October 14th that Garrett Jin, a whale who previously sold over $4.23 billion worth of BTC to switch to ETH, wrote: "Cryptocurrency investors should learn from traditional finance, rather than relying solely on narratives and personal emotions to make investment decisions. We must never forget the damage caused to the industry by the 1011 crash. If the industry does not improve, similar incidents will happen again. And if we as investors remain immature, we will continue to suffer asset losses."PANews reported on October 14th that Garrett Jin, a whale who previously sold over $4.23 billion worth of BTC to switch to ETH, wrote: "Cryptocurrency investors should learn from traditional finance, rather than relying solely on narratives and personal emotions to make investment decisions. We must never forget the damage caused to the industry by the 1011 crash. If the industry does not improve, similar incidents will happen again. And if we as investors remain immature, we will continue to suffer asset losses."

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more