*FEDERAL INVESTIGATORS PROBE CRYPTOCURRENCY FIRM TETHER: WSJ

*TETHER MAY FACE PENALTIES FOR DOING BUSINESS WITH GROUPS ON U.S. SANCTIONS LIST: WSJ

*US TREASURY HAS CONSIDERED SANCTIONING TETHER: WSJ

*TETHER SAYS HAD NO INDICATION FACING A BROADER PROBE: WSJ

*The criminal investigation is looking at whether the cryptocurrency has been used by third parties to fund illegal activities such as the drug trade, terrorism and hacking—or launder the proceeds generated by them: WSJ

*Criminal charges against Tether could be bad news for Cantor Fitzgerald, the brokerage firm that counts Tether as a major client. Cantor manages most of Tether's reserve assets, including more than $80B of Treasurys.

Tether CEO: As we told to WSJ there is no indication that Tether is under investigation. WSJ is regurgitating old noise. Full stop.

Tether Statement: link

IRAN'S PRESIDENT PEZESHKIAN SAYS TEHRAN IS NOT LOOKING FOR WAR, BUT WILL RESPOND 'APPROPRIATELY' TO ISRAEL'S ATTACK - STATE MEDIA

The Week Ahead | @infinityhedge

Macro:
*U.S. GDP (QoQ) (Q3) on 30
*BOJ Meeting on 31 [widely expected to keep interest rates unchanged on 31, Most BOJ Watchers Expect Another Rate Hike by Jan 2025]
*US PCE on 31
*US NFP & Unemployment Rate on Nov 1
*FED Enters Pre-FOMC Meeting Blackout Period Ahead of Nov. 6-7 Policy Meeting
*Oil Majors Exxon, Chevron, Shell, TotalEnergies and BP are collectively expected to post a 12% profit decline from the Q2.

Earnings: ~20% of S&P 500 Companie to Report Earnings
*Google, AMD, Paypal, VISA, MCD, Snap, Reddit, BP on 29
*Coinbase, MicroStrategy, Robinhood, Microsoft, Meta on 30
*Apple, Amazon, Intel, Uber, Roblox, Block, Shell, on 31
*Exxon, Chevron on Nov. 1

Crypto:
*Closed Alpha for Wayfinder begins on 28
*GRASS Airdrop One Claims on 28
*MakerDAO Brand Recenter Proposal as an Atlas Edit to be voted on from Oct. 28
*Stacks’s Nakamoto Upgrade on 29
*TechCrunch Disrupt 2024 [28-30]
*Chainlink’s SmartCon [30-31]
*Binance Blockchain Week, Dubai [30-31] [CZ will be attending the event]
*Hong Kong FinTech Week [Oct. 28-Nov 1]
*Doge Day on Nov. 2

Token Unlocks:
$OP: $50M: 2.5% on 31
$TIA: $900M: 80% on 30
$SUI: $100M: 2.5% on Nov. 1
$IMX: $40M: 2% on 1
$ZETA: $35M: 11.9% on 1
$MEME: $50M: 13% on 3

Iran vs Israel: ‘This will not be the last attack – it’s become normalised’ ?
*Israel struck Iran's military targets while avoiding oil infrastructure. Israel claims they damaged Iran's missile production capabilities. Officials hope the attack hurt Iran just enough, but not so much that Tehran will respond with yet another attack. Iran initially didn’t immediately vow to respond. Instead, it played down but later on some iranian Officials including president said that we will “give an appropriate response” to the strikes.
So, now Two likely scenarios ahead:
-Everyone acts cool about it, downplays stuff, moves on
-ego’s gets bruised, hits back harder, and markets go crazy

What Bloomberg Economics Says:
“We expect October’s US payrolls report to show the first negative jobs print since December 2020, well below the consensus forecast of 120k. Much of the weakness is due to weather-related disruptions, but we also see a slowdown in cyclical sectors.

Earnings/Charts/Articles ⬎

A High-Level Overview of Major Token Unlocks Coming in Next 12 Months

KAMALA HARRIS SAYS SHE'D TAKE A COGNITIVE TEST; CHALLENGES TRUMP "TO TAKE THE SAME ONE"

NO NEW LIMITS ON UKRAINE'S USE OF AMERICAN WEAPONS AGAINST NORTH KOREAN FORCES IF THEY BECOME CO-BELLIGERENTS IN RUSSIA'S WAR: PENTAGON

ISRAEL PREPARING FOR ANOTHER RESPONSE AGAINST IRAN FOR THE DRONE ATTACK ON PRIME MINISTER'S HOME: CHANNEL 13 REPORTS

*MINISTERS WERE INFORMED THAT RECENT AIRSTRIKES ON IRAN DID NOT ADDRESS THE DRONE ATTACK, INDICATING THAT A SEPARATE RESPONSE IS FORTHCOMING. VARIOUS OPTIONS FOR RETALIATION HAVE BEEN PRESENTED TO THE MINISTERS AND SECURITY OFFICIALS, WITH A DECISION ANTICIPATED SOON

CHINA'S TOP LEGISLATIVE BODY CONSIDERING APPROVING FRESH FISCAL PACKAGE WHICH COULD BE WORTH OVER 10 TRILLION YUAN ON NOV 8

*CHINA MIGHT ANNOUNCE STRONGER FISCAL PACKAGE IF TRUMP WINS U.S. PRESIDENTIAL ELECTION

*CHINA MULLS OVER $1.4T IN EXTRA DEBT OVER NEXT FEW YEARS

[This was reported in September as well by Financial Times, now, according to rtrs sources: China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to be further bolstered if Donald Trump wins the U.S. election, said two sources with knowledge of the matter.

JAPAN RESTARTS NUCLEAR REACTOR CLOSEST TO 2011 QUAKE SITE: KYODO

IRANIAN REVOLUTIONARY GUARDS THREATEN ISRAELIS WITH SURPRISES THEY HAVE NEVER SEEN BEFORE

*IRAN'S REVOLUTIONARY GUARDS THREATEN TO DELIVER MORE 'CRUSHING' STRIKES TO ISRAEL IN COMING DAYS

PUTIN OVERSEES STRATEGIC NUCLEAR DRILLS

PUTIN: RUSSIA NEEDS NUCLEAR FORCES TO BE READY

PUTIN: THE USE OF NUCLEAR WEAPONS IS LAST RESORT

RUSSIA'S BELOUSOV SAYS FORCES TESTED MASS NUCLEAR STRIKE IN RESPONSE TO ENEMY STRIKE

ELON MUSK SAYS HUMANOID ROBOTS WILL BE PRICED BETWEEN $20,000 AND $25,000 BY 2040

ELON MUSK SAYS BY 2040 THERE WILL BE AT LEAST 10 BILLION HUMANOID ROBOTS

ELON MUSK SAYS PLANS TO LAUNCH STARSHIPS TO MARS IN TWO YEARS

ISRAEL'S NETANYAHU TO HOLD DISCUSSION WITH MINISTERS REGARDING DIPLOMATIC SOLUTION TO END WAR IN LEBANON

OPENAI IS WORKING WITH BROADCOM AND TSMC TO BUILD ITS FIRST IN-HOUSE CHIP

BROADCOM AND OPENAI DEVELOPING AN AI INFERENCE CHIP: RTRS SOURCES

OPENAI HAS RESERVED 2026 TSMC MANUFACTURING CAPACITY

OPENAI USING AMD CHIPS ALONGSIDE NVIDIA CHIPS

ELON MUSK'S XAI IN TALKS TO RAISE FUNDING AT $40B VALUATION

ALPHABET 3Q REV. $88.27B, EST. $86.45B

ALPHABET 3Q REV. EX-TAC $74.55B, EST. $72.88B

ALPHABET 3Q GOOGLE CLOUD REV. $11.35B, EST. $10.79B

ALPHABET 3Q EPS $2.12, EST. $1.84

Blackrock Bitcoin ETF $IBIT traded $3.3B today, biggest number in 6 Months, which is a bit odd because BTC was up 4% (typically ETF volume spikes in a downturn/crisis). Occasionally tho volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020). "Given the surge in price past few days, my guess is this is latter, which means look for (more) big inflows this week": Senior ETF Analyst, Eric Balchunas

Added comment: If this is a FOMO Frenzy we'll see it show up in the flows next few nights.. if not it means its due to HF arb trading or something like that

TRADERS PRICE RISING LIKELIHOOD OF FED PAUSE IN DECEMBER