*S&P 500 DOWN 1.3%
*NASDAQ DOWN 1.6%

*APPLE DOWN 3.6%
*NVIDIA DOWN 3.7%
*COINBASE DOWN 8%
*MICROSTRATEGY DOWN 6.6%

*OIL +3.7%
*VIX +19%

IRAN IS EXPECTED TO ATTACK ISRAEL WITH HIGH-SPEED MISSILES AND NOT WITH DRONES OR CRUISE MISSILES THAT ALLOW A LONG PREPARATION TIME FOR DEFENSE AND INTERCEPTION: AXIOS'S BARAK

US EXPECTS IRAN STRIKE ON ISRAEL IN THE NEXT 12 HOURS: BBG

AXIOS CITING WESTERN SOURCE: IRAN IS EXPECTED TO ATTACK ISRAEL WITH BALLISTIC MISSILES THAT WILL REACH ISRAEL WITHIN 12 MINUTES, NOT WITH DRONES OR CRUISE MISSILES

IRAN BEGINS MISSLE LAUNCHES AGAINST ISRAEL: IDF

IRAN'S REVOLUTIONARY GUARDS SAY ISRAEL WILL BE TARGETED ONCE MORE IF IT RETALIATES

ISRAEL, JORDAN & IRAQ SHUTS DOWN AIRSPACE

UPDATE: AIRSPACE OF ALL 3 REOPENED LATER

IRAN ATTACK IS OVER: IRAN MISSION TO UN

*ISRAEL HOME FRONT COMMAND SAYS RESIDENTS MAY EXIT SHELTERS

*ISRAEL AIRSPACE REOPENED

*IDF SPOKESMAN: THIS ATTACK WAS SERIOUS AND WILL HAVE CONSEQUENCES

IDF: We [Air Force] will attack with force tonight throughout the Middle East

CONFIRMED: BITWISE FILES FOR XRP ETF

SEC Appeals Final Judgment in Ripple Labs Case: link

*SEC spokesperson: "We believe that the district court decision in the Ripple matter conflicts with decades of Supreme Court precedent and securities laws and look forward to making our case to the Second Circuit."

*SEC will ask the 2nd U.S. Circuit Court of Appeals in Manhattan to review a July 2023 decision that the XRP token sold by Ripple Labs on public exchanges did not meet the legal definition of a security.

*Ripple is considering a cross appeal. This means Ripple could choose to file an appeal on Judge Torres’ ruling on institutional sales or on the penalty of $125M — If Ripple does file a cross appeal, it has 14 days to do it and the clock starts tomorrow.

BIDEN SAYS DISCUSSING ISRAEL STRIKING IRAN OIL FACILITIES: BBG

*Biden, asked if he would support Israel striking Iran’s oil facilities, responds: “We’re in discussions of that” but “there’s nothing going to happen today; we’ll talk about that later.”

A new HBO documentary 'Money Electric: The Bitcoin Mystery' claims to have cracked the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto—Politico

The big reveal is set to air next Wednesday at 2 a.m. CET (Tuesday at 9 p.m. EST).

U.S. NFP in 1hr: @infinityhedge

JP Morgan SPX Play: 158K [forecast]
*>200k: Flat/+0.5%
*160k-200k:+1%/+1.5%
*140k-160k: +0.75% to +1.2%
*110k-140k: -0.5% to -1.5%
*<110k: -1.2% to -2% [recession hint]

Goldman SPX Play: 165k [forecast]
*>200k: Flat/-0.5%
*150k-200k: +1%
*100k-150k: +-0.5%
*<100k: -1%/-2%

Other Forecasts:
*MS: 160k
*BofA: 150k
*CITI: 70k

*Unless the September nonfarm payrolls are significantly south or north of 150k, I don’t see the volatility blowing out — Scott Colyer

*US SEPT. NONFARM PAYROLLS +254K; EST. +150K
*US SEPT. UNEMPLOYMENT RATE 4.1%; EST. 4.2%
*US AUG PAYROLLS REVISED TO +159K; JUL REVISED TO +144K

TRADERS PRICE IN LESS THAN QUARTER-POINT FED CUT IN NOVEMBER

BIDEN: ISRAELIS HAVE NOT CONCLUDED WHAT THEY ARE GOING TO DO ABOUT IRAN'S STRIKE

BIDEN: I WOULD THINK ABOUT OTHER ALTERNATIVES TO STRIKING OIL FIELDS

BIDEN: THEY ARE NOT GOING TO MAKE DECISION IMMEDIATELY, WILL WAIT TO SEE WHEN THEY WANT TO TALK

BIDEN: IRAN OIL SANCTIONS IS UNDER CONSIDERATION

IRAN CANCELS ALL FLIGHTS FROM 21:00 [LOCAL TIME] TONIGHT, SUNDAY, UNTIL 6:00 AM TOMORROW: STATE MEDIA

UPDATE: FLIGHT RESTRICTIONS HAVE BEEN LIFTED IN IRAN

The Week Ahead | @infinityhedge

*Israel's retaliation attack against Iran expected
*Amazon Prime Day [8-9]
*Nobel Prize Announcements [7-14]

Macro:
*China’s mainland stock exchanges reopen after a weeklong holiday on 8
*China to hold a press conference to provide an update on the comprehensive implementation of a package of incremental policies on Oct. 8 at 2:00 AM GMT
*Samsung Q3 Earnings on 8
*U.S. 3-Year Note Auction on 8
*U.S. 10-Year Note Auction on 9
*FOMC Meeting Minutes on 9
*U.S. CPI on 10
*U.S. 30-Year Bond Auction on 10
*Tesla expected to unveil its Robotaxi on 10 [Robotaxi will need to come fitted with a time machine so, investors can forget that the autonomous driving he's promised is long overdue]
*Bank Earnings: BNY, BlackRock, JPMorgan Chase, and Wells Fargo on 11

Crypto:
*HBO's Documentary claims to reveal Satoshi Nakamoto's identity will air on 9
*FTX 'Confirmation Hearing' to confirm the Distributions Plan on 7 [If the Plan is confirmed, Distributions to creditors will commence promptly thereafter]
*Stack's Nakamoto Activation on 9
**Binance deadline to file either an opposition or notice of their consent to the SEC’s Motion to Amend by Oct. 11
**Binance executive Tigran's money-laundering trial on 11

Token Unlocks: $530M [%'s are of Cir. supply]
⊷ XAI: $35.88M: 6.20% on 9
⊷ APT: $97M: 2.3% on 11
⊷ TAIKO: $19.8M: 15.6% on 14
⊷ EIGEN: $35M: 6% on 15
⊷ TIA: $900M: 81.5% on 30

Earnings/Charts/Articles ⬎

*JUDGE APPROVES FTX BANKRUPTCY PLAN

*FTX PLAN REPAYS CRYPTO CUSTOMERS IN CASH WITH INTEREST — 98% OF CREDITORS WILL RECEIVE AT LEAST 118% OF THEIR CLAIM VALUE IN CASH WITHIN 60 DAYS AFTER EFFECTIVE DATE OF PLAN

I have no evidence today that the value of FTT tokens would be anything other than zero: Judge

HONG KONG’S HANG SENG INDEX TUMBLES 9.5% FOR WORST DAY SINCE 2008

Binance introducing a new project on its Launchpool: Scroll ($SCR), a Bytecode-level compatible zkEVM Rollup: link

*Binance Pre-Market will list $SCR at 2024-10-11 10:00 (UTC)

*Total Token Supply: 1B SCR
*Airdrop Snapshot Date: October 19, 2024