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Top Interest of the WeekClover Finance ($CLV) has recently unveiled the CLV 2.0 upgrade. This upgrade's roadmap features the launch of an Automated Market Maker (AMM) on its decentralized exchange (DEX) liquidity platform, a Token Launcher program that enables other projects to create new tokens on the CLV network, SocialFi integration, and an upgrade and migration of ERC20 tokens. The announcement has sparked significant interest among investors, resulting in a remarkable 271.5% increase in value within just a week. This price movement indicates strong investor confidence in the positive effects this upgrade will have on the CLV ecosystem.Secret ($SCRT) operates as a Layer 1 blockchain dedicated to decentralized confidential computing. The recent rally in its price highlights a growing global demand for privacy-focused blockchain solutions, a trend that the Secret Foundation attributes to its innovative developments, particularly the NewDeCC (Decentralized Confidential Computing) initiative.A report indicates that President-elect Trump is considering appointing crypto attorney Teresa Goody Guillén as the head of the SEC, signalling a supportive stance towards the cryptocurrency sector. In this optimistic context, a list of coins and tokens that have been scrutinized by the SEC experienced a significant price rally, fueled by hopes that the new SEC chair will alleviate existing charges and investigations. Also, the market expects potential new ETF applications to be approved in a shorter period. Notably, Hedera ($HBAR) and Ripple ($XRP) saw their prices surge by 109.1% and 60.4%, respectively, in response to this news.Overall MarketThe above chart is the BTC daily K-line chart.Bitcoin (BTC) has continued its impressive upward trajectory following the recent US election day, reaching a remarkable new all-time high of 95,895 USDT at the time of this writing. This surge in value can be attributed to a combination of factors, most notably significant capital inflows from the exchange-traded fund (ETF) sector. Additionally, there has been a noticeable increase in the number of publicly traded companies that are adopting Bitcoin into their balance sheets, further legitimizing the cryptocurrency as a viable asset class.One of the standout players in this landscape is MicroStrategy, a publicly traded firm led by the outspoken Bitcoin advocate Michael Saylor. Since November 5, the day of the US elections, MicroStrategy's stock price has skyrocketed by over 110%. During the same period, Bitcoin itself has experienced a substantial rise of approximately 40%. This dramatic increase in MicroStrategy's share price reflects a robust investor appetite for leveraged exposure to Bitcoin. The company's strategic approach involves accumulating and holding Bitcoin on its balance sheet, which tends to drive up its stock price as the value of BTC appreciates. Furthermore, MicroStrategy has actively engaged in share offerings to raise capital specifically to acquire more Bitcoin. As the price of Bitcoin continues to ascend, this buy-and-hold strategy is likely to create a positive feedback loop, further enhancing the stock price and encouraging additional Bitcoin purchases.However, MicroStrategy's buy-and-hold approach is no longer the only avenue available for investors and traders seeking leveraged exposure to Bitcoin. The recent introduction of options trading on BlackRock’s IBIT, the largest Bitcoin spot ETF by assets under management, on the Nasdaq exchange, has opened up new possibilities for investors. This development allows investors to leverage derivatives to gain enhanced exposure to Bitcoin, providing them with more tools to manage their investments. The availability of Bitcoin ETF options not only broadens the investment landscape but also enables investors to optimize their yields, leading to more accurate return expectations. As a result, this innovation is anticipated to attract increased market interest and capital into Bitcoin, which will, in turn, benefit the broader cryptocurrency sector.Options MarketThe above is the 25-delta skew table for BTC and ETH options.As the rally in Bitcoin (BTC) prices continues to gain momentum, the prevailing bullish sentiment surrounding BTC remains robust. This is particularly evident in the options market, where the 25-delta skew for BTC options set to expire in seven days is currently reflecting a premium of 3.74. This premium indicates that traders are willing to pay more for upside potentials on BTC, suggesting a strong belief in its potential for further price appreciation. In stark contrast, Ethereum (ETH) options with the same expiration date show a much lower premium of 2.84. This discrepancy highlights a notable difference in investor sentiment, with a clear preference for BTC over ETH at this time.Moreover, the data reveals that the bullish outlook for medium- to long-term options is even more pronounced for BTC compared to ETH. This trend may be largely attributed to the recent underperformance of ETH in the market. While BTC has successfully reached multiple new all-time highs, ETH is struggling to maintain its value, currently trading below the $3,100 mark. This is a stark contrast to its previous peak of $4,868, which it achieved three years ago. The significant gap between ETH's current price and its historical high may be contributing to the more cautious sentiment among investors regarding ETH's future performance.Our analysis indicates that market attention is likely to remain heavily focused on BTC in the upcoming weeks. Given the current bullish sentiment and the potential for further upward movement, it seems plausible that BTC could continue to attract investor interest and capital. This could lead to additional price gains before any significant shift in market sentiment occurs. The 25-delta skew serves as a valuable tool for gauging market sentiment, providing insights into how traders are positioning themselves about potential price movements. As such, it will be important for investors to monitor these indicators closely better to understand the evolving dynamics of the cryptocurrency market.Macro at a glance Last Thursday (24-11-14)Initial jobless claims in the US have declined, falling from 221,000 last week to 217,000 this week, below the anticipated 224,000. This strong performance in the US labour market reinforces the Federal Reserve's cautious approach to potential rate cuts in the coming year. In October, the Producer Price Index (PPI) experienced a monthly increase of 0.2%, slightly above the 0.1% growth recorded in September. The core PPI rose by 0.3% month-over-month, surpassing September's 0.2% increase. These PPI figures indicate upward pressure on inflation in the US and support a more gradual approach to rate cuts by the Federal Reserve in the coming months.Last Friday (24-11-15)Japan's GDP growth for the third quarter stands at 0.9%, surpassing economists' expectations of 0.7%. However, the growth rate for the second quarter has been revised down from 2.9% to 2.2%. In the UK, the annual GDP growth rate for Q3 is reported at 1.0%, significantly exceeding the anticipated 0.1% and showing an improvement from the 0.7% growth recorded in Q2.In the United States, retail sales experienced a monthly increase of 0.4% in October, outperforming the forecast of 0.3%. The figure for September has also been adjusted upward from 0.4% to 0.8%. However, core retail sales only registered a 0.1% monthly growth, falling short of the expected 0.3%, with September's figure revised from 0.5% to 1.0%.On Tuesday (24-11-19)Eurozone CPI experienced a monthly growth of 0.3% in October, recovering from a decline of 0.1% in September. The annual CPI growth rate remained steady at 2.0%, consistent with September, while the core CPI growth rate also held at 2.7%.In Canada, the CPI recorded a monthly increase of 0.4% in October, bouncing back from a 0.4% decrease noted in September. The core CPI similarly saw a growth rate of 0.4%.In the UK, the CPI rose by 0.6% on a monthly basis in October, compared to a growth rate of 0.0% in September. The annual CPI growth reached 2.3%, surpassing the anticipated 2.2% for October and recovering from the 1.7% recorded in September.Convert Portal Volume ChangeThe above table shows the volume change on our Convert Portal by zone. BTC has been gradually moving higher after a rapid increase following the US election day, while altcoins have shown remarkable performance over the past week. Following the rise of large-cap altcoins, our team noted that medium- to small-cap altcoins started to attract more attention from traders.In the Monitoring sector, a significant rise in trading volume can be attributed to the exceptionally high activity surrounding Clover Finance ($CLV). The strong demand for the CLV token led to a 237.5% increase in volume within the Monitoring zone over the past week.The Polkadot sector saw an impressive 116.1% growth in trading volume, largely driven by heightened interest in Acala ($ACA).Furthermore, the RWA sector experienced a notable 88.5% uptick in trading activity, with MANTRA ($OM) drawing substantial market interest and undergoing a significant price surge.Why trade OTC?  Binance offers our clients various ways to access OTC trading, including chat communication channels and the Binance OTC platform (https://www.binance.com/en/otc) for manual price quotations, Algo Orders, or automated price quotations via Binance Convert and Block Trade platform (https://www.binance.com/en/convert) and the Binance Convert OTC API. Email: trading@binance.com for more information.Join our Telegram (https://t.me/BinanceOTC) to stay up to date with the markets!

According to Odaily, European Central Bank (ECB) Governing Council member François Villeroy de Galhau has indicated that the inflation rate in the Eurozone is expected to stabilize at 2% by the beginning of 2025. This projection comes amidst ongoing assessments of the region's economic resilience.Villeroy de Galhau's comments highlight the ECB's outlook on inflation, which is a critical factor in monetary policy decisions. The anticipated stabilization of inflation at the 2% target aligns with the ECB's long-term objectives for price stability. This forecast suggests that the central bank's measures to control inflation are on track, providing a sense of predictability for economic stakeholders.Despite various economic challenges, the European economy continues to demonstrate resilience. This resilience is crucial as it supports the ECB's efforts to maintain stable inflation rates. The ability of the Eurozone to withstand economic pressures without significant disruptions is a positive sign for future economic stability. The ECB's focus remains on ensuring that inflation does not deviate significantly from the target, thereby fostering a stable economic environment.

According to Foresight News, data from Coinglass indicates that the total open interest in Bitcoin contracts across the network has reached 643,200 BTC, approximately valued at $63 billion. This marks a new historical high, with a 24-hour increase of 9.48%.The surge in open interest reflects growing investor engagement and speculation in the Bitcoin market. This increase could be attributed to various factors, including market sentiment, upcoming economic events, or changes in regulatory environments. As Bitcoin continues to capture the attention of both retail and institutional investors, the rise in open interest suggests heightened activity and potential volatility in the market.Market analysts often view open interest as a key indicator of market sentiment and potential price movements. A rise in open interest can signal increased confidence or speculation among traders, potentially leading to significant price fluctuations. As the cryptocurrency market evolves, monitoring such metrics becomes crucial for understanding market dynamics and making informed investment decisions.

According to Odaily, recent data from Token Terminal reveals that Circle has been transferring approximately $100 billion worth of stablecoins weekly on the Base chain over the past two months. This significant movement highlights the growing activity and reliance on the Base chain for stablecoin transactions.The consistent transfer of such a substantial amount underscores the importance of stablecoins in the current digital economy, providing liquidity and stability in the volatile cryptocurrency market. Circle's operations on the Base chain reflect a strategic approach to leverage blockchain technology for efficient and secure financial transactions. As the digital currency landscape evolves, the role of stablecoins continues to expand, offering a bridge between traditional finance and the burgeoning world of cryptocurrencies.

On Nov 21, 2024, 04:56 AM (UTC), according to Binance Market Data, Bitcoin (BTC) crossed the 97,000 USDT benchmark and is now trading at 97,157.867188 USDT, with a narrowed 5.46% increase in 24 hours.

According to BlockBeats, recent data from Farside Investors indicates that the Ethereum spot ETF in the United States experienced a net outflow of $30.3 million on November 21. This development highlights a notable shift in investor sentiment towards Ethereum-based financial products.The outflow marks a significant movement in the market, reflecting potential changes in investor strategies or reactions to broader economic conditions. The Ethereum spot ETF, which allows investors to gain exposure to Ethereum without directly purchasing the cryptocurrency, has been a popular choice for those looking to diversify their portfolios. However, the recent outflow suggests that investors may be reassessing their positions amid fluctuating market dynamics.This trend could be influenced by various factors, including regulatory developments, market volatility, or shifts in the broader cryptocurrency landscape. As the market continues to evolve, stakeholders will be closely monitoring these movements to gauge future trends and potential impacts on the Ethereum market and related financial products.

According to BlockBeats, Olivier Blanchard, the former chief economist of the International Monetary Fund, expressed concerns on Wednesday, November 21, about the economic policies of the Trump administration. Blanchard warned that these policies could lead to economic overheating and increased inflation, prompting the Federal Reserve to raise interest rates.Blanchard highlighted that the three main pillars of Trump's economic plan are likely to contribute to higher inflation. The imposition of tariffs on imported goods is expected to cause economic overheating and exert upward pressure on prices. Additionally, the expulsion of illegal immigrants could result in labor shortages and wage increases, while tax cuts are also anticipated to contribute to economic overheating."We do not know how severe the inflation will be, but it is the Federal Reserve's responsibility to prevent such a scenario," Blanchard stated. He further noted that this situation would lead to rising interest rates and a stronger dollar, outcomes that are contrary to Trump's objectives.

According to Cointelegraph, United States prosecutors have charged five individuals accused of participating in a scheme that allegedly hacked numerous businesses and individuals, resulting in the theft of $11 million in cryptocurrency and sensitive information. The California US Attorney’s Office announced on November 20 that the defendants employed SMS phishing links and SIM-swapping techniques to access the login credentials of individuals and employees of certain companies, targeting their work or cryptocurrency exchange accounts. Court documents reviewed by Cointelegraph revealed at least 29 alleged victims of individual crypto thefts. Prosecutors highlighted one case where a victim lost over $6.3 million in cryptocurrency after their email and wallets were compromised. Investigators reported that the group targeted 45 companies across the United States, Canada, India, and the United Kingdom. Among these was an unnamed US crypto exchange, whose employees received fraudulent text messages claiming their accounts would be deactivated, leading them to phishing links designed to extract sensitive credentials. Martin Estrada, the US Attorney in Los Angeles, stated, "We allege that this group of cybercriminals perpetrated a sophisticated scheme to steal intellectual property and proprietary information worth tens of millions of dollars and steal personal information belonging to hundreds of thousands of individuals." The defendants are reportedly members of the Scattered Spider hacking group, which prosecutors claim operated from around September 2021 to April 2023. The accused include Ahmed Elbadawy, 23, from Texas; Noah Urban, 20, from Florida; Evans Osiebo, 20, from Dallas; Joel Evans, 25, from North Carolina; and Tyler Buchanan, 22, from Scotland. Each defendant faces charges of conspiracy, conspiracy to commit wire fraud, and aggravated identity theft, with Buchanan facing an additional wire fraud charge. The fraud-related charges alone carry a potential maximum sentence of 20 years in prison. Last November, Reuters reported that the FBI had difficulty stopping Scattered Spider, which has been linked to the September 2023 hacks of Caesars Entertainment and MGM casinos, despite knowing the group members’ identities and locations in the US. It remains unclear if the five accused were involved in the casino hacks, but court documents reference "other co-conspirators" and an "unindicted co-conspirator," suggesting others may be implicated in crimes not yet publicly disclosed. Investigators, including the FBI and Police Scotland, tracked Buchanan through information he provided to register phishing sites used in the alleged scams. A search of Buchanan’s devices uncovered data from a US crypto exchange and a US telecom company. Information on legal representation for each defendant was not immediately available.

On Nov 21, 2024, 04:11 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,100 USDT benchmark and is now trading at 3,101.5 USDT, with a narrowed 0.45% increase in 24 hours.

On Nov 21, 2024, 04:04 AM (UTC), according to Binance Market Data, Bitcoin (BTC) crossed the 96,000 USDT benchmark and is now trading at 96,100.421875 USDT, with a narrowed 4.47% increase in 24 hours.

According to Odaily, recent court documents reveal that the U.S. Department of Justice has requested a judge to mandate Google to divest its Chrome browser. The legal filing suggests that Google should be prohibited from re-entering the browser market for the next five years. This move is part of ongoing antitrust scrutiny aimed at addressing concerns over Google's dominance in the technology sector. The Department of Justice's request underscores the broader regulatory efforts to curb the influence of major tech companies and promote fair competition. By seeking to separate Chrome from Google's portfolio, the authorities aim to dismantle what they perceive as monopolistic practices that could stifle innovation and limit consumer choices. This legal action is a significant step in the ongoing battle between regulators and tech giants, reflecting the increasing pressure on companies like Google to adhere to antitrust laws. The outcome of this case could have far-reaching implications for the tech industry, potentially setting a precedent for how similar cases are handled in the future. As the legal proceedings unfold, stakeholders across the industry are closely monitoring the situation, anticipating the potential impact on market dynamics and business strategies. The decision to restrict Google's involvement in the browser market for a specified period is seen as a measure to ensure a level playing field for other competitors, fostering a more diverse and competitive environment.

According to PANews, recent data from Tradingview reveals notable trading activity for NVIDIA (NVDA) and MicroStrategy (MSTR) as of November 21. NVIDIA's trading volume multiplied by its price reached $45.2 billion, experiencing a slight decline of 0.76%. In contrast, MicroStrategy saw a substantial increase, with its trading volume multiplied by price amounting to $33.27 billion, marking a significant rise of 10.05%. These figures highlight the contrasting market movements of the two companies. NVIDIA, a leading player in the technology sector, experienced a minor dip in its trading value, reflecting a slight decrease in investor activity or market sentiment. Meanwhile, MicroStrategy, known for its significant investments in Bitcoin, witnessed a considerable surge in trading volume, indicating heightened investor interest or positive market developments. The trading performance of these companies is closely watched by investors and analysts, as it provides insights into market trends and investor behavior. NVIDIA's slight decline may suggest a temporary market adjustment or external factors influencing its stock performance. On the other hand, MicroStrategy's impressive gain could be attributed to its strategic decisions or favorable market conditions. Overall, the trading data underscores the dynamic nature of the stock market, where companies can experience varying levels of investor interest and trading activity. As market conditions continue to evolve, investors will likely keep a close eye on these companies to assess potential investment opportunities and risks.

On Nov 21, 2024, 03:26 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 95,000 USDT benchmark and is now trading at 95,290.890625 USDT, with a narrowed 3.95% increase in 24 hours.

According to Foresight News, data from Tradingview indicates that Bitcoin's market dominance has surged to 61.44%, marking its highest level since February 2021. This increase in market share highlights Bitcoin's continued prominence in the cryptocurrency market, as it maintains a significant lead over other digital currencies. The rise in Bitcoin's market dominance can be attributed to various factors, including its widespread adoption and recognition as a leading digital asset. As investors continue to seek stability and security in the volatile cryptocurrency market, Bitcoin remains a preferred choice due to its established reputation and extensive network. This trend underscores the ongoing confidence in Bitcoin as a store of value and a hedge against economic uncertainties. The current market dynamics reflect Bitcoin's resilience and its ability to maintain a strong position despite fluctuations in the broader cryptocurrency landscape. As the market evolves, Bitcoin's dominance is likely to influence the performance and perception of other cryptocurrencies, shaping the future of digital finance.

On Nov 21, 2024, 02:28 AM(UTC). According to Binance Market Data, BNB has dropped below 600 USDT and is now trading at 599.549988 USDT, with a narrowed 2.05% decrease in 24 hours.

According to PANews, Tron founder Justin Sun has successfully acquired Maurizio Cattelan's iconic artwork, 'Comedian,' for $6.2 million. Sun described the piece as a cultural phenomenon that bridges art, internet culture, and the crypto community. He believes that the artwork will spark further discussions and become a part of history.Sun also revealed his intention to personally consume the banana, which is a central element of the artwork, in the coming days. This act is intended as a unique artistic experience and a tribute to the artwork's significant place in art history and popular culture. Sun's acquisition and planned performance highlight the intersection of traditional art and modern digital culture, underscoring the evolving nature of artistic expression in the contemporary world.

According to Odaily, as of November 20, Hong Kong's Bitcoin Spot ETF has accumulated a total of 4,683 BTC. The assets under management (AUM) for this ETF are approximately $430 million. This data was monitored by HODL15Capital, highlighting the significant holdings of Bitcoin within the ETF. The accumulation of Bitcoin by the Hong Kong ETF reflects a growing interest and investment in cryptocurrency assets within the region. The substantial amount of Bitcoin held indicates a robust confidence in the digital currency's potential for growth and stability. This development is part of a broader trend where institutional investors are increasingly participating in the cryptocurrency market, seeking to diversify their portfolios and capitalize on the potential returns offered by digital assets. The ETF's holdings and AUM are crucial indicators of market sentiment and investor confidence in Bitcoin. As the cryptocurrency market continues to evolve, the performance and strategies of such ETFs will be closely watched by investors and analysts alike. The data provided by HODL15Capital offers valuable insights into the current state of Bitcoin investments in Hong Kong, contributing to a better understanding of the global cryptocurrency landscape.

According to Foresight News, data from Alternative.me indicates that the Cryptocurrency Fear and Greed Index has decreased to 82 today, down from 83 yesterday. This suggests that the market continues to be in a state of 'extreme greed.' The Fear and Greed Index is a tool used to measure the emotions and sentiments driving the cryptocurrency market. A higher index value typically indicates that investors are becoming overly greedy, which can lead to market corrections. Conversely, a lower index value suggests fear, which might result in selling pressure. The current index level of 82 reflects a persistent state of extreme greed among investors, which could have implications for market stability and future price movements. Market analysts often use this index to gauge potential market trends and investor behavior. The sustained high level of greed may indicate that investors are optimistic about future price increases, but it also raises concerns about potential market volatility. As the index remains in the extreme greed zone, market participants are advised to exercise caution and consider the risks associated with such sentiment-driven market conditions.

According to Odaily, recent data from Farside Investors indicates that Fidelity's FETH fund experienced a substantial net outflow of $30.7 million yesterday. This development highlights a notable shift in investor behavior, reflecting broader market trends and potential concerns among stakeholders. The outflow from Fidelity's FETH fund is significant, as it underscores the current sentiment in the financial markets. Investors may be reacting to various economic factors, including market volatility and global economic uncertainties. The movement of funds out of FETH could suggest a reevaluation of investment strategies by stakeholders seeking to mitigate risks or capitalize on other opportunities. This trend is part of a larger pattern observed in the financial sector, where investors are increasingly cautious amid fluctuating market conditions. The net outflow from FETH may prompt further analysis and strategic adjustments by financial analysts and investors alike, as they navigate the complexities of the current economic landscape.

According to BlockBeats, on November 20, Litecoin's official Twitter account addressed a recent misunderstanding involving a new meme coin. Nearly a week ago, the account humorously declared, "Due to current market conditions, I now consider myself a meme coin." This lighthearted remark was intended to jest about the state of the cryptocurrency market and serve as a form of self-deprecation. In a playful response, Dogecoin designed a new mascot for Litecoin to accompany the post. However, this gesture led to unintended consequences when a group of individuals used the mascot to create "lestercoin" on the Solana blockchain. While this action is technically legal in a free market, it has caused confusion among followers of the @litecoin account. The account clarified that it has no connection to the Solana project using the Lester name or image and does not intend to promote or endorse such projects. It emphasized that Lester is not Litecoin's official mascot.