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More →IMF: Fiscal reserves and alternative oil export routes help Saudi Arabia withstand the impact of an Iran war
According to news from Bijie, the International Monetary Fund (IMF) stated that Saudi Arabia's fiscal buffer space and backup oil export facilities are helping the largest economy in the Middle East mitigate the impact of the Iran war. Despite further escalation of the conflict this month, with Iran-backed Houthi forces launching deadly attacks on major Saudi airports, the IMF's Middle East affairs director still believes that, compared with other Gulf countries, Saudi Arabia is better able to withstand this turmoil. Jihad Azour, director of the IMF's Middle East and Central Asia Department, said during the IMF annual meeting held in Bangkok, Thailand, that Saudi Arabia "has proven its ability to withstand shocks in this crisis." He said this is due not only to the scale of Saudi Arabia's reserves, but also to its infrastructure investment, which enables the country to readjust oil export routes in an extremely short period of time.
VIX volatility index daily change reported at 10.48%
CoinWorld US stock data: The VIX volatility index rose 10.48% from the previous trading day. Compared with the same-caliber snapshot 24 hours ago, it rose 10.0836 percentage points; compared with the same-caliber snapshot 7 days ago, it rose 10.0117 percentage points.
White House Crypto Council Executive Director Patrick Witt has confirmed his resignation, calling it the privilege of a lifetime.
According to Cointelegraph, Patrick Witt has confirmed his resignation as Executive Director of the White House Crypto Council, calling it the privilege of a lifetime and hinting at a move to the private sector.
Arthur Hayes: Trillions in bailouts expected, bullish on BTC and ETH
According to CoinWorld news, Arthur Hayes stated on X that he expects trillions of dollars in bailouts and expressed a bullish stance on BTC and ETH. Although he is unsure whether AI-related assets will experience a major crash and is unwilling to bet on their direction, he prefers to trade around this expectation.
The total market capitalization of the crypto market stands at 2.75 trillion US dollars.
CoinWorld data: The total market capitalization of the crypto market is $2.75 trillion, with a trading volume of $62.04 trillion over the past 24 hours.
IMF: Saudi Arabia's fiscal buffers and energy backups mitigate economic shocks.
According to Bijie News, the International Monetary Fund (IMF) stated that Saudi Arabia's fiscal buffers and spare oil export facilities are helping to mitigate the impact of the Iran war on the Middle East's largest economy.
Musk says restrictions on Ukraine's use of Starshield are decided by the US government
According to news from Bijie, Musk said that restrictions on Ukraine's use of "Starshield" are decided by the U.S. government. Elon Musk, CEO of U.S. space exploration company SpaceX, said on social media on the 14th that the "Starshield" satellite communications system used by Ukraine is owned and controlled by the U.S. government, and any restrictions on its speed or use are decided by the U.S. military and ultimately depend on the U.S. president. Musk said on social media that day that "Starlink" is a commercial satellite communications service owned and controlled by SpaceX, limited to civilian or defensive activities, and must not be used for offensive military operations. "Starshield" is a satellite communications system developed by SpaceX for the U.S. government and military. It differs from "Starlink," which mainly provides commercial services, but the two use some of the same satellite technology and infrastructure.
Upbit will list the Puffer token on the Korean won market.
CoinWorld news: Upbit has announced that it will list the Puffer token on the Korean won market at 14:00 (UTC+8) on October 15.
Upbit lists the PUFFER/KRW trading pair.
Upbit has announced the listing of the PUFFER/KRW trading pair, making it one of South Korea's largest crypto trading platforms.
Over the past 4 hours, the share of active buy trades in SOL contracts was 48.37%.
CoinWorld data: For the SOLUSDT perpetual contract over the most recent 4 complete hours, active buy trades accounted for 48.37% and active sell trades for 51.63%, with active selling dominating. Compared with the same-caliber snapshot 24 hours earlier, this was down 3.0116 percentage points; compared with the same-caliber snapshot 7 days earlier, it was up 0.8486 percentage points.