Bitcoin Came $150 Away From New All-Time High, SUI Explodes 12% Daily (Market Watch) $BTC (Follow me guys)
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Bitcoin’s price actions over the past 24 hours took the asset to just inches away from breaking its March all-time high of $73,740.
Many altcoins are also in the green today, with DOGE jumping by nearly 5%, while SHIB, LINK, and ADA have posted impressive gains of around 3%.BTC Came Inches Away
The primary cryptocurrency has been aspectacular runfor the past several days. It all started after the Friday night price dump to $65,500 after the Tether FUD, but the bulls resumed control of the market immediately.
This resulted in BTC recovering some ground and sitting around $67,000 during the weekend. However, the asset went on the offensive at the start of the current business week, which saw it going above $70,000 yesterday for the first time in months.
Moreover, bitcoin wasn’t contained this time at just touching this coveted price tag, but kept climbing in the following hours and spiked to $73,600 (on Bitstamp). Thus, it came about $150 away from breaking the $73,740 (CoinGecko data) all-time high set earlier this year.
Nevertheless, it failed to overcome that record and has been pushed south by around a grand now. Being 2% up on the day, though, means that its market cap has soared to over $1.430 trillion, while itsdominance over the altshas skyrocketed to above 56% on CG.SUI Shoots Up
Most altcoins have turned green today, as well. Ethereum is up by 2% and has neared $2,700. TRX and SHIB have added similar percentages over the past 24 hours. Dogecoin is the biggest gainer from the top 10 alts, followed by ADA. LINK is up by 3% as well, while SUI has skyrocketed by 12%. As a result, it now stands well above $2.In contrast, KAS has dumped by 7% within the same timeframe. BNB, SOL, XRP, AVAX, are also slightly in the red.Nevertheless, the total crypto market cap has increased by $80 billion and sits at a multi-month peak of its own at over $2.550 trillion

Polymesh (POLYX) - Polymesh V7 on Mainnet - 19 Nov 2024

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Polymesh (POLYX) will update its Mainnet to version 7.0 on November 19, 2024. This update includes breaking API and tooling changes, which can improve the network and attract more developers. Better technology can lead to increased adoption and use of the POLYX token. Technical upgrades often lead to price appreciation because they improve the underlying fundamentals of the asset, making it more valuable.

Dogecoin Surges 16%, But Here’s What DOGE ‘Risk Indicator’ Says About Rally
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$DOGE
Dogecoin has enjoyed a sharp 16% rally during the past week. Here’s how this analyst’s “Risk Indicator” is looking for DOGE after this run.
Dogecoin Risk Indicator Has Given A Red Signal Recently
In a new post on X, CryptoQuant community manager Maartunn has shared a “Risk Indicator” for Dogecoin. As for what the metric does, the analyst has explained,
I calculated the percentage change over the last 168 hours (one week). When the percentage change exceeds a specific threshold, it indicates a potential risk zone.
The risk here is toward Bitcoin and since the rest of the sector usually follows in its lead, it would also be toward cryptocurrencies as a whole. Below is the chart for the indicator posted by Maartunn.
Dogecoin Risk Indicator
As is visible in the above graph, the Dogecoin Risk Indicator has been giving a signal during the past week or so as the DOGE price has registered a notable jump of 16%
From the graph, it’s also apparent that each time the indicator has lit up in the past few months, the price of Bitcoin has probably hit some top.
Indeed, since the latest signal has appeared, the BTC rally has been derailed, which implies fast growth in the memecoin’s price may once again have proven to be a bad omen for the sector.
Now, why does this pattern exist? The reason is that whenever memecoins break away from Bitcoin and the company, it’s usually a sign that greed is taking over the market.
Historically, cryptocurrencies have tended to move in the direction that the crowd expects, so excessive greed often leads to a bearish outcome.
Investors have recently been speculating on memecoins like Dogecoin, seeking fast returns. Still, if this previous pattern is to go by, DOGE and others may have to slow down if the market has to continue its uplift.

Polymarket Tightens User Checks As Donald Trump Election Bets Surge
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Polymarket, a crypto-based predictions market, is conducting new checks to verify that its high-stakes users are not based in the US, where the platform is restricted. 
The move comes as Polymarket experiences a surge in wagers backing Donald Trump to win the upcoming US presidential election. Over 64% of the predictions on Polymarket are betting on Trump to win in November. 
Four Accounts on Polymarket Collectively Bet $43 Million on Trump
According to Bloomberg reports, the platform is reviewing the activity of users, particularly those placing large bets. This includes confirming the location of users to avoid potential regulatory breaches.

Recent scrutiny has intensified following a surge in political betting, with a few accounts betting millions of dollars in favor of Trump. Polymarket’s leaderboard shows that one user, known as Fredi9999, has wagered more than $18 million on Republican outcomes.
A recent viral post from X account Fozzy suggests that Fredi9999 and three other accounts, collectively responsible for over $43 million in bets on Republican outcomes, may be linked. None of these accounts are reportedly based in the US.
“The betting pattern of each account is very similar, and when one account stops, another picks up. There is very little overlap within each account, suggesting they are all the same entity,” Fozzy said.
As interest in the US election grew throughout the summer, activity on Polymarket surged. Although the platform blocks US users, some have reportedly bypassed restrictions using VPN.
In early 2022, Polymarket settled with the Commodity Futures Trading Commission (CFTC) after facing allegations of offering illegal trading services. As part of the agreement, the platform agreed to stop serving US users but to continue operations in other regions.

Bitcoin Options Traders Eye $80,000 No Matter Who Wins US Election
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$BTC
Options traders are increasing bets that Bitcoin will reach a record high of $80,000 by the end of November no matter who wins the US presidential election.
The implied volatility for Bitcoin options coming due around the Nov. 5 election day is elevated, with the wagers skewed toward call options that give the buyer the right to buy the cryptocurrency at new highs.
“I believe the market consensus is that Bitcoin is likely to perform well regardless of the election outcome,” said David Lawant, head of research at crypto prime broker FalconX. “Our analysis shows that options activity surrounding the upcoming elections exhibits a notable topside-heavy bias.”
Republican candidate and former President Donald Trump is avowedly pro-crypto, so much so that Bitcoin is viewed as a so-called Trump trade. Democratic rival Vice President Kamala Harris has vowed to support a regulatory framework for the industry. That contrasts with a crackdown on the sector under the Biden administration. Non-political factors such as further rate cuts by the Federal Reserve are seen contributing to the optimism.
Testing $70,000
Bitcoin reached an all-time high of $73,798 in March amid optimism about demand for dedicated exchange-traded funds that launched in the US this year. The bull run subsequently moderated.
The largest cryptocurrency came close to $70,000 at the start of the week before dropping back. The token, which has jumped about 60% this year, changed hands at $67,100 as of 6:03 a.m. in London on Wednesday.
The put-to-call ratio is trending lower toward the end of the year, with more traders buying call options than puts, according to data compiled by the largest crypto options exchange Deribit.
“We see traders buy calls near 68k and puts near 66k, in other words, many continuously position and reposition for a breakout for either end,”

#ScrollOnBinance #UptoberBTC70K? #APESurge #XRPDonationsUSElections #CMEBTCFuturesRecordHigh

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"Polymarket’s latest forecast shows Trump leading Harris by a significant margin with 64.3% to 35.7%. With key swing states painted red, it’s shaping up to be a pivotal moment in this election cycle. Could this prediction hold, or will we see a late shift in momentum? 📊 Stay tuned!

This caption highlights the lead, the electoral map, and raises intrigue for the audience while keeping a neutral tone.