Judges have stalled President Donald Trump's plans to deploy the National Guard in Chicago and in Portland, Oregon, but troops are now patrolling in Memphis, Tennessee, with the blessing of the state's governor. The troops, dressed in Guard fatigues and protective vests, with guns in their holsters, patrolled at a Bass Pro Shops store and a nearby tourist welcome centre beside the Mississippi River on Friday. It was unclear how many troops have been deployed to Memphis. Trump has sent or discussed sending troops to other cities as well, including Baltimore; the District of Columbia; New Orleans; and the California cities of Oakland, San Francisco and Los Angeles.

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

Friday’s sell-off triggered what Bitwise portfolio manager Jonathan Man called the worst liquidation event in crypto history, with more than $20 billion wiped out as liquidity vanished and forced deleveraging took hold, in an article on X published Saturday. Perpetual futures — “perps” in trading shorthand — are cash-settled contracts with no expiry that mirror spot via funding payments, not delivery. Profits and losses net against a shared margin pool, which is why, in stress, venues may need to reallocate exposure quickly to keep books balanced. Man, who is the lead portfolio manager of the Bitwise Multi-Strategy Alpha Fund, said bitcoin fell 13% from peak to trough in a single hour, while losses in long-tail tokens were far steeper — he added that ATOM “fell to virtually zero” on some venues before rebounding.

The Enforcement Directorate (ED) has arrested Ashok Pal, chief financial officer of Reliance Power Ltd and a close aide of industrialist Anil Ambani, in a money-laundering case linked to a Rs 68 crore fake bank guarantee. Pal is the first senior executive of the Reliance ADA Group to be held in this case. Anil Ambani, certain current and past senior executives of his group firms and several bank officials are facing ED probe for their alleged role in another Rs 17,000 crore loan fraud case. Pal, who was also inducted into the company’s board as an executive director last year, was arrested on Friday.

Auto-deleveraging is the emergency brake in crypto perpetuals that cuts part of winning positions when bankrupt liquidations overwhelm market depth and a venue’s remaining buffers, as Ambient Finance Founder Doug Colkitt explains in a new X thread. Perpetual futures — “perps” in trading shorthand — are cash-settled contracts with no expiry that mirror spot via funding payments, not delivery. Profits and losses net against a shared margin pool rather than shipped coins, which is why, in stress, venues may need to reallocate exposure quickly to keep books balanced. Colkitt frames ADL as the last step in a risk waterfall.

Veteran trader Peter Brandt is now bullish on Bitcoin, Ethereum, XRP, and XLM after earlier calling the top on the flagship crypto and hinting at significant declines. Meanwhile, this bullish sentiment from the veteran trader comes amid a crypto market crash, which has seen BTC wipe out its earlier October gains. Peter Brandt Now Bullish On Bitcoin In an X post, the veteran trader declared that the BTC bull is “still alive and well,” indicating that the bull run is on. His accompanying chart showed that the flagship crypto was still in an uptrend, despite recent setbacks.

In these times of AI-driven uncertainty and geopolitical turbulence, a track record of handling change and disruption is increasingly tilting the scales in favour of candidates when it comes to landing C-suite jobs. Executive search firms and corporate leaders told ET that leaders who have prior experience with disruption often have the upper hand as they have proven their ability to turn uncertainty into opportunity. Amid the accelerating pace of change, senior professionals who have been able to pivot and successfully handle unexpected challenges in earlier roles are also often edging out competitors.

Today in crypto, Zcash recovers to pre-crash highs, Crypto.com CEO Kris Marszalek has urged regulators to probe exchanges after $20 billion in liquidations, and Bitcoin’s price may experience more volatility in the coming days. Zcash reclaims pre-crash highs The price of Zcash (ZEC) recovered to pre-crash highs and hit a new high of about $293 on Saturday, following a rapid flash crash on Friday that caused $20 billion in crypto liquidations within 24 hours. Zcash is trading at about $293 per coin at the time of this writing, after plummeting by 45% on Friday;  the price recovery sets it apart from most of the altcoin market, which suffered double-digit losses that extended into Saturday. 

Key points: A sharp reduction in aggregate open interest highlights the severity of the $20 billion in leveraged liquidations and highlights traders’ reluctance to re-enter the market. Bitcoin selling and price weakness are likely to extend until CME BTC and equities futures markets open on Sunday evening, US hours. The crypto market continues to reel from Friday’s historic sell-off, which resulted in over $20 billion in centralized exchange liquidations and several hundred million across the DeFi landscape.  Traders were clearly caught off guard as President Trump’s 100% tariff on Chinese imports Truth Social Post sent shockwaves across the crypto market.

Ether (ETH), the native cryptocurrency of the layer-1 Ethereum blockchain network, is down about 6.7% in the past 24 hours, following Friday’s market crash, showing greater price resilience than many altcoins, which crashed by over 95% in some cases. The market crash sparked by US President Donald Trump’s tariff announcement took the price of ETH down to a low of about $3,510 on Friday, a decline of over 20% in a single day. Price tapped the 200-day exponential moving average (EMA), a dynamic support level, before rebounding to over $3,800.

Bitcoin began October on a strong bullish note, gaining by over 12% to establish a new all-time-high price around $126,100. However, the recent days have presented a troubling amount of selling pressure, especially in the last few hours due to tariff threats from the United States’ President Donald Trump. Amidst this highly volatile environment, on-chain data has also surfaced, highlighting market whales’ confidence in the market. Related Reading Bitcoin Whales Are Holding Their Ground In a QuickTake post on the CryptoQuant platform, a market analyst with the username PelinayPA revealed that there is very little exchange activity among the…

Joe Biden radiation therapy: Former US president Joe Biden has begun radiation therapy as part of his treatment for prostate cancer, and the treatment plan also includes hormone therapy, as per a report. Joe Biden starts radiation and hormone therapy for prostate cancer Biden, who will turn 83 next month, was diagnosed in May with an “aggressive form” of prostate cancer that has spread to his bones, as per a CNN report. A spokesperson did not provide a timeline for the radiation treatment, but a source told CNN he began a few weeks ago, as per the report.

XRP clawed back losses in Friday’s chaotic trade, rebounding from a 41% collapse to close above $2.47 as institutional bids rebuilt following panic liquidations. The session’s $1.14 range — from $2.77 down to $1.64 — was one of the widest in XRP’s 2025 trading history, driven by macro-led deleveraging and heavy futures liquidations across major venues. What to Know • XRP fell from $2.77 to $1.64 between Oct 10 16:00 – Oct 11 15:00, marking a 41% intraday collapse before rebounding to $2.49.• Over $150 million in XRP futures were liquidated as Trump’s 100% tariff announcement triggered cross-asset risk aversion.

The price of Zcash (ZEC), a supply-capped, shielded, layer-1 coin dedicated to user privacy, fully recovered following Friday’s market crash, forming a new recent high of about $291 on Saturday before retracing to about $273 at the time of this writing. Zcash plummeted by 45% on Friday, falling from a high of about $273 to $150, following a social media post from United States President Donald Trump announcing 100% tariffs on China, which sent the crypto markets into a meltdown. ZEC is only down about 5.5% from its recent high, making it a standout in this market crash.

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

There may be no crying in the casino. But on days like these, you’d be forgiven for shedding a tear. With $9.4 billion liquidated in a single day in the crypto market, the flash crash comes just in time to punch the late-coming retail crowd in the face. In a single 24-hour span, crypto traders witnessed one of the biggest liquidation cascades since the heydays of 2021; a moment that rechristened “risk” for an entire generation. The crypto market gets nuked Of the $9.4 billion in liquidations over the last 24 hours, more than…

Avenue Supermarts, operator of DMart, reported a 4% YoY rise in Q2 net profit to ₹685 crore. Revenue from operations climbed 15% to ₹16,676 crore, with steady growth across key categories. EBITDA grew 11% to ₹1,214 crore, but margins narrowed to 7.3% from 7.6% last year. PAT margin stood at 4.1% versus 4.6% a year ago. DMart opened 8 new stores in Q2FY26, bringing its total to 432 outlets nationwide.CEO-Designate Anshul Asawa said DMart passed on GST rate cuts to customers, aligning with the government’s GST reform drive. Show more Show less Source link

US Ambassador-designate to India Sergio Gor met Prime Minister Narendra Modi and top Indian officials, including EAM Dr. S. Jaishankar, NSA Ajit Doval, and Foreign Secretary Vikram Misri, during his visit to New Delhi. Gor said discussions focused on defence, trade, technology, and critical minerals, underlining the importance of strengthening strategic ties. He added that President Donald Trump and PM Modi share a great personal friendship. Show more Show less Source link

Opinion by: Evin McMullen, co-founder and CEO of Billions Network and co-founder of Privado ID Population monitoring has evolved over the years. First, it was from other people; later, it was data harvesting. In 2025, wearable technology is the new frontier for broader public surveillance.  This isn’t necessarily some dystopia, nor is it comfortable — it is a new paradigm in how we engage with each other and our data. While it’s inevitable that people will need to redefine their expectations around privacy as we enter this new era of surveillance, now is the time to seize the opportunity to shape this new normal before technology sidelines us from active participants to passive subjects. 

Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours. In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash. “Regulators should look into the exchanges that had most liquidations in the last 24 hours,” he wrote. “Any of them slowing down to a halt, effectively not allowing people to trade?

Wordle enthusiasts across the globe began their Saturday morning with puzzle number #1575, testing their vocabulary and patience in equal measure. The daily five-letter word challenge, now a fixture in millions of morning routines, offered a clever twist this October 11. For players scratching their heads over today’s challenge, here are the Wordle Hint, clues, and the final answer for Saturday’s puzzle. A Morning Ritual of Words Since its debut in 2021, Wordle has become one of the most popular online word games worldwide. The premise remains deceptively simple: guess a hidden five-letter word in six attempts.

Precious metals are likely to remain supported in the coming months, driven by strong central bank demand, US monetary policy shifts, and supply constraints, according to Nilesh Shah, Managing Director of Kotak AMC. “…for precious metal has been central bank demand for gold and industrial, plus potential central bank demand in silver. The prices of these commodities cannot be evaluated on a fundamental basis like equity shares because there is no cash flow, there is no dividend, and there is no bonus. You have to evaluate based on perceived value.

Mike Novogratz’s Galaxy Digital has secured a $460 million private investment from one of the world’s “largest asset managers” to accelerate the transformation of its former Bitcoin mining site in Texas into an AI data center. The deal involves the purchase of 12.77 million Class A shares at $36 per share, with the proceeds earmarked for general corporate use and the expansion of its Helios campus, expected to deliver 133 megawatts of IT capacity in early 2026, the company announced Friday. “Having one of the world’s largest and most sophisticated institutional investors make such a significant investment in our company will support our strategic vision and our ability to build leading businesses across digital assets and data centers,” Novogratz said.

Tether’s accumulation of United States Treasuries puts the stablecoin issuer on a path to enter the top five foreign holders by 2033 under a realistic acceleration case, based on current balances, stated purchase activity, and the moving threshold set by the U.S. Treasury’s TIC data. The projection assumes Tether continues adding to its book at a higher annual net pace each year, while the fifth-place line among foreign holders continues to shift. As of June 30, the firm held about $127 billion of U.S. Treasury exposure, split between roughly $105.5 billion of direct bills and $21.3 billion of indirect exposure.

The crypto market experienced its largest liquidation event ever on Friday night U.S. time, forcing out leveraged bullish bets worth $16 billion across bitcoin BTC$111,878.19, ether ETH$3,829.41, XRP$2.4764, solana SOL$185.24, and the broader altcoin market. Several altcoins have crashed between 20% to 40% as the market recoiled. Naturally, bulls may be wondering whether the recovery could be swift or take time. Understanding the process that follows a crash like this suggests the recovery is likely to be gradual, testing the patience of bullish investors. "When the market turns like this, there’s usually a pretty straightforward playbook for the aftermath," Zaheer Ebtikar, chief investment officer and founder of Split Capital, said on X.