Daily News 🗞 | Oct 27• ISM Manufacturing PMI suggests Bitcoin cycle may extend beyond historical norm• Ferrari to launch digital token to let fans bid on its Le Mans-winning race car• Most wealthy Hong Kong investors plan to buy crypto• Trump to nominate SEC's 'pro-crypto' Michael Selig as CFTC chair• Countries across Africa approve new crypto laws as adoption grows#CryptoNews #PoloniexNEWS ...

Core Insights - The recent digital token wipeout has become the largest crypto liquidation event in history according to Coinglass [1] Group 1: Industry Impact - The event highlights significant volatility within the cryptocurrency market, indicating potential risks for investors [1] - Neha Narula, a prominent figure in the digital currency space, emphasizes the importance of understanding these market dynamics [1] Group 2: Expert Commentary - Neha Narula serves as the director of the Digital Currency Initiative at the MIT Media Lab, providing insights into the evolving landscape of digital currencies [1] - She is also involved with Block and the Innovation Advisory Council for the Federal Reserve Bank of New York, indicating her influence in both the private and public sectors [1]