Quick Recap of Global and Crypto Market Trends in 1 Minute 10.10.2023

You can read the summary of markets report in 1 minute, which we have compiled daily important news about crypto money markets, global market news and domestic markets.


  • Kristina Campbell, who served as Chief Financial Officer (CFO) at Ripple, left the company after approximately two and a half years and changed industries.
  • According to data from the on-chain analysis platform, Ethereum Foundation attracted attention by selling Ethereum (ETH) worth approximately $ 2.78 million.
  • To support Israel in the conflicts between Israel and Hamas, Aid Israel was founded, which is supported by organizations such as Cointelegraph 42Studio, MarketAcross, Collider Ventures, CryptoJungle, Nilos, Blockchain B7, Efficient FrontieCrypto. This wallet is a multiple wallet controlled by leading names in the local Web 3 community. Contains signature wallet.
  • While the name of a former employee of NFT platform OpenSea was mentioned in a $60 million fraud case, the company made a statement saying “we have no information”.
  • The Financial Conduct Authority (FCA), the UK’s financial markets regulator, has included several cryptocurrency exchanges, such as Kucoin and Huobi, on its list of unauthorized firms that customers should stay away from.
  • According to a report published by CoinShares, while $78 million inflow was made into crypto investment products in two weeks, one of the biggest investment targets was SOL, and most investments came from Europe.
  • China Daily, a publication affiliated with the advertising and marketing department of the Communist Party of China, has rolled up its sleeves to create an NFT platform. It was announced that a reward of 2.813 million Yuan (approximately $390,000) will be given to the creator of the NFT platform.
  • The United States’ top consumer financial protection agency plans to use the Electronic Funds Transfer Act to protect consumers from fraudulent crypto transfers.


  • Dallas Fed President Lorie Logan stated that the recent increase in long-term bond interest rates and generally tight financial conditions may not require the FED to increase its policy rate further.
  • Stocks are rising as risk appetite increases after the FED signals a halt in interest rates.

Global Markets

  • Although the suddenly rising tension in the Middle East increased volatility in the markets, the “dovish” comments of monetary policy makers caused the risk appetite to strengthen.
  • Bank of America (BAC) has issued a stark warning that the ongoing sell-off in US Treasury securities could have far-reaching consequences, affecting both traditional and cryptocurrency markets.
  • In the New York Stock Exchange, the Nasdaq index gained 0.39 percent, the Dow Jones index gained 0.59 percent and the S&P 500 index gained 0.63 percent. Index futures contracts in the USA started the new day with a buying-oriented trend.
  • The International Energy Agency (IEA) predicts that global gas demand growth will decrease in the coming years. According to the IEA report, while the rate of gas demand growth in the world is expected to decrease, the transformation to renewable energy sources and progress in energy efficiency will be effective.
  • While selling pressure came to the fore in European stock markets yesterday, rising oil and natural gas prices and concerns about the Chinese economy caused risk appetite to remain low in the region.
  • Inflation data to be announced tomorrow in Germany has also become the focus of investors. Money markets are pricing in that the ECB will keep its policy rate constant for the rest of the year.
  • In Japan, the transfer systems of 11 banks were affected due to a technical malfunction in the ‘Rich’ network, through which national financial institutions transfer funds and securities. As a result of the system failure, fund and securities transfers of 11 banks across the country were stopped.
  • The barrel price of Brent oil is at $87.1, 0.5 percent below the previous close, after increasing by 4.3 percent yesterday to $87.5.

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