Swedish police say the security situation in Sweden is grim and there is a clear risk of further deterioration.

Has Dogwifhat (WIF) been eliminated? Whale's exit caused a 15% drop in price. Dogwifhat is a meme coin based on Solana that was once popular. However, it has experienced a brutal week, reflecting the broader adjustment in the cryptocurrency market and raising questions about the sustainability of the meme coin craze. The price of Dogwifhat's token WIF dumped 15% in just 24 hours. This sharp decline wiped out all the recent rebound gains. The sell-off is not unique to Dogwifhat; the entire cryptocurrency market has experienced double-digit declines, putting pressure on major altcoins such as Ethereum and Cardano. Analysts pointed out that there are many factors contributing to this economic downturn, including renewed concerns about inflation and recent sell-offs by the German government and the defunct Cryptocurrencyexchange Mt. Gox. Dogwifhat's pain is further compounded by another kind of Whale: a major investor. Block chain Whale tracking institutions found that a major Solana Whale dumped 900,000 WIF Tokens in a series of trades. This sale, worth about $1.64 million, undoubtedly exacerbated this vicious cycle. While the Spot market has experienced a bloody battle, the WIF Derivatives market has shown a strange mix of activities. The volume unexpectedly soared by 25%, making Dogwifhat the third most demanded meme coin after Dogecoin and Pepe Token. The significant increase in volume may indicate an increase in people's interest, but careful observation reveals that the situation is not as simple as it seems. Beneath the surface lies a brutal struggle between bullish and bearish investors. Over $3 million worth of WIF positions were liquidated in the past 24 hours, primarily targeting long positions. This means that investors betting on a pump in price were forced to sell at a loss when the price suffered a big dump. Despite some seeing an increase in volume as a potential sign of recovery, the liquidation data paints a more grim picture - many longs being trampled upon by shorts taking advantage of the market downturn. Despite the brutal defeat, not everyone has lost faith in Dogwifhat. The price of the big dump has attracted some opportunistic Solana Whales, who see the current price as an attractive entry point. Whether Dogwifhat can regain its former glory remains to be seen. In the first quarter of 2024, Dogwifhat is the darling of meme coins, with a Market Cap of $4 billion, ranking among the top 30 Cryptocurrencies globally, thanks to the craze for meme coins. However, the recent downturn clearly reminds people that meme coins have inherent volatility and often lack the practicality or strong fundamentals of mature Cryptocurrencies. The future of Dogwifhat remains unclear. Whether it can recover from the predicament or gradually disappear depends on various factors, including broader market trends, community support, and potential development within the Dogwifhat ecosystem. (Data Source: Christian Encil)

On May 2, the US media said that "Ukraine's military operation has entered a decisive and intense moment." The next few months are quite grim, the report said. The United States is in a hurry to supply artillery shells and ammunition, but the Russian armed forces will still outnumber the Armed Forces of Ukraine in a ratio of two to one or even three to one, and there is also a shortage of shorter weapons needed by Ukraine. The article concludes: "Ukraine may lose longing territory by the end of the year, even if Ukraine's defenses do not completely collapse." The more long Ukrainian territory loses, it may become more and more difficult to conclude combat operations under acceptable conditions. ”

PANews reported on October 30 that according to CoinDesk, FTX founder Sam Bankman-Fried (SBF) testified on Monday that he had a vague understanding of the financial situation of FTX and Alameda on the eve of the collapse, and in November 2022, when he tweeted that "FTX's assets are in good shape", he was not aware of the financial loopholes in FTX, believing that Alameda's assets could still cover the debt. SBF said that it was only a few days after the tweet was published that it became clear that the grim situation at FTX was clearly understood.

JPMorgan Chase said in a research note on Wednesday that the bitcoin mining industry is at a grim moment as the approval of spot BTC exchange-traded funds (ETFs) could catalyze a rally against the backdrop of record hash power and the upcoming halving of block rewards, which threatens the industry's revenue and profitability. The bank favors mining operators that offer the best relative value based on "existing hash power, operational efficiency, power contracts, funded growth plans and liquidity," analysts wrote. JPMorgan Chase & Co. has an overweight rating for the first time on CleanSpark (CLSK) with a $5.50 price target, and Marathon Digital (MARA) has an underweight rating with a $5 price target. Riot Platforms (RIOT) has an underweight rating with a $6.50 price target, Cipher Mining (CIFR) has a neutral rating, and the bank has upgraded its Iris Energy (IREN) rating to "overweight" from "neutral."

Golden Finance reported that Bloomberg analysts Olga Kharif and James Tarmy released an NFT market report, which cited DappRadar data to show that between January 2022 and July 2023, NFT monthly trading volume fell by 81%, Bored Ape Yacht Club and CryptoPunks The floor price of well-known NFTs has hit a low in more than two years. In addition, due to "unforeseen challenges", the NFT market Recur is gradually closing, another platform Nifty also announced its suspension, and Blur's NFT sales plummeted 96% from the end of June to early August. However, Bloomberg pointed out that although the overall sentiment in the NFT market remains grim, some parts still have value, and demand for high-end NFT artworks from well-known creators and low-value NFT used in games continues to grow.

$ADA$ HYSTERIA (CONTINUED) Yet hope springs eternal! A return into the channel would signal a resurgence of bullish energy, suggesting the previous dip was nothing more than a bearish decoy. A burst past $0.39 might even trigger a buying frenzy. Ever since it hit its peak in September 2021, ADA has been on a 21-month slide, with only four months of this period showing a glimmer of green on the candlestick charts. With 83% of Cardano addresses languishing in the red, and a mere 11.44% poised to turn a profit at current prices, it's a grim scene. Meanwhile, transaction volumes are soaring while ADA prices plummet - a trend that points to a possible wholesale sell-off.