The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra(LUNA.CC)$.
Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
In a tumble start...

Hi, mooers. Welcome to Mooers of the Year 2021, where we present some of the great mooers in the Moo community to you.
As we review 2021, do you still remember the first mooer you followed when you joined the Moo community? Have you ever been impressed by others' insights and clicked the like button instantly?
Here, we'd like to present The Most Followed and The Most Engaged mooers this year to you. Check out the ranking lists now and tell us: Do you recognize any of them? Have you received any inspiring ideas or valuable investing tips from them? If the answers are yes, feel free to extend your appreciation to them in the comment section below!
Congratulations!!
@Mcsnacks H Tupack @OldNormanBates @The Stock Scalpers @treydongui @SEA Hedge @heracheong @Mr Truth @Anonymoo @Mars Mooo @Tanya C @DayleyTrades @huatSG @Stock Watch @disassembly line
A big thank you to all mooers! You are the ones who create a harmonious atmosphere and interact friendly in our community. Thank you for giving a hand to the new mooers and contributing ingenious ideas to our community. Shall we walk into 2022 together and continue to write fantastic stories in the Moo community?
Rewards:
1.'Mooers of 2021' medal: Each mooers on the lists are entitled to one medal only, so there will only be one medal for mooers on both lists.
2.2021 points: Unlike the medal, mooers can receive up to 4042 points if their names are on both lists.
*These rewards will be distributed to your account 15–30 working days after the winner announcement. Please stay tuned!
If luck is not on your side this time, here is a tip for you.
Keep sharing great insights and moments to strike chords with mooers. We are looking forward to seeing you again next year!
Thanks again for all your love and supports! We hope to continue to accompany you and offer ever-improving services to you in the future. Let's grow together to the Moo!!

Top five crypto ETFs to buy now
There are numerous ETFs that track the performance of cryptocurrencies. Here are the top five ETFs that give you exposure to cryptocurrencies.
ProShares Bitcoin Strategy ETF $ProShares Bitcoin Strategy ETF(BITO.US)$ (BITO)
Valkyrie Bitcoin Strategy ETF $Valkyrie Bitcoin and Ether Strategy ETF(BTF.US)$ (BTF)
VanEck Bitcoin Strategy ETF $VANECK BITCOIN STRATEGY ETF(XBTF.US)$ (XBTF)
Purpose Bitcoin ETF (BTCC)
Amplify Transformational Data Sharing ETF $Amplify Transformational Data Sharing ETF(BLOK.US)$ (BLOK)
Hurry Buy now, It is off to the Moon
%100

$Samsung CSI China Dragon Internet ETF(02812.HK)$ Samsung Electronics co. 's third-quarter operating profit rose 28% from a year earlier to 15.8 trillion won ($13.2 billion), helped by higher chip prices and strong demand for foldable smartphones, according to preliminary unaudited results released Friday.
Revenue of Won73,000bn was also in line with expectations. Samsung will provide net profit and division breakdown figures when it releases its official results on October 28.

What happened after FED's meeting?
We are currently having a sector rotation from tech growth stocks into value stocks after Wednesday's Fed policy of 3 rate hikes in 2022 instead of 2 and also speed up tapering and ending it a few months earlier than expected.
The initial taper plan was $10B for treasury securities and $5B for MBS (Mortgage Backed Securities) but now it has doubled the speed of tapering to $20B for treasury securities and $10B for MBS and tapering to end by March 2022. Which shortly after, rate hikes should come in progressively.
The reason for the fed turning hawkish and a quick shift to taper at a quicker pace and more rate hikes was due to inflation at a 40 year high. They also did not expect inflation to rise above 2% in 2021 and kept mentioning about higher inflation rate being transitory. Current inflation is at 6.8% based on the YOY report.
How did this affect the market on Thursday?
When tapering is sped up, liquidity will be tightened in the market. There will not be as much free cash to be pumped into the market to let prices rally like we have seen the last 2 years.
Interest rate hikes will also dampen valuation on growth stocks as growth stocks are priced in more to future earnings expectations. If rates rise, it will hurt those expectations. Investors will start to see bonds and value stocks that thrive in high-interest rate environments a better asset class thus making it more appealing against higher-risk growth stocks.
Small-cap stocks usually also suffer because they tend to loan more money to fund the growth of the company thus making them more sensitive towards the rate hikes.
Thus we saw the $NASDAQ 100 Index(.NDX.US)$ and $iShares Russell 2000 ETF(IWM.US)$ mostly small-cap and tech stocks falling much sharper than $Dow Jones Industrial Average(.DJI.US)$ yesterday which consist mainly of value stocks.
What to do now? Should I exit my growth holdings?
That being said, inflation and rate hikes over the long run still don't pose a huge threat to growth stocks. It is usually short-term when the rotation happens towards value stocks. So take this opportunity to find good entry points into the stocks which are undergoing the selloff.
As always, trade safe & invest wise!
$Apple(AAPL.US)$ $Tesla(TSLA.US)$ $Meta Platforms(FB.US)$ $Microsoft(MSFT.US)$ $Amazon(AMZN.US)$ $NVIDIA(NVDA.US)$ $Adobe(ADBE.US)$ $Invesco QQQ Trust(QQQ.US)$ $SPDR Dow Jones Industrial Average Trust(DIA.US)$

$CSOP Hang Seng TECH Index ETF(03033.HK)$
Gradually buying , next year will surge above HK$ 12 at least

Blackrock Inc's long position in China Life Insurance coverage to 6.12% on Oct 4 from 5.95% - HKEX Filing
Hong Kong Stock Exchange documents: As of October 4, Blackrock Inc. (Blackrock Inc.)'s long positions in China Life Insurance (China Life Insurance) increased from 5.95% to 6.12%
  $CHINA LIFE(02628.HK)$