vCAKEVenus CAKE Price

On October 9, foreign media reported that the Trump administration announced sanctions against the International Criminal Court (ICC) on Friday. This move could lead to new diplomatic conflicts between Washington and its European allies over international judicial issues. The Trump administration has long held a hostile attitude towards the ICC and has previously imposed sanctions on several prosecutors and judges of the court. However, the scope of this measure will be significantly expanded, targeting not only court personnel but also potentially punishing companies that provide services to the ICC, directly affecting its daily operations. U.S. Secretary of State Rubio stated, 'President Trump will never allow the International Criminal Court to prosecute American citizens.' He further emphasized, 'That is why the U.S. is imposing sanctions on the ICC today. We will prohibit transactions with this out-of-control court, cut off its resources, and render it incapable of functioning.'

Crypto market analyst CW stated that despite the recent decline in Bitcoin prices, demand-side indicators are still showing a positive trend. Futures demand has slightly decreased compared to the previous day, but the negative value of spot demand has narrowed, keeping overall demand in a relatively positive range. Spot demand, which had been in negative territory for an extended period, is approaching positive values. Once spot demand turns positive, Bitcoin is expected to experience strong upward momentum.

According to data from Coinglass, if ETH falls below $2,359, the cumulative long liquidation intensity on mainstream CEXs will reach $1.3 billion. Conversely, if ETH breaks above $2,603, the cumulative short liquidation intensity on mainstream CEXs will reach $823 million.