đ Global Market Cap: $3.3T (-0.53%)
đ° Bitcoin (BTC):
âąRange: $92,520 - $96,539
âąCurrent: $94,155 (-1.84%)
đ Top Performers:
âąPHA: +34%
âąZEN: +30%
âąBAT: +25%
đ Key Market Insights:
1ïžâŁ Options Expiry Ahead:
âąQCP Market Analysis reveals that $20B BTC & ETH options will expire this Friday, representing nearly half of Deribitâs total open interest.
âąAnalysts expect post-expiry volatility, with sellers closing positions and spot prices fluctuating.
âąIf BTC surpasses $100K, volatility could remain elevated.
2ïžâŁ Altcoin Watch:
âąBTC remains under the $100K resistance, with dominance at 58%.
âąAnalysts suggest a potential rotation into altcoins if BTC dominance drops significantly, mirroring a pattern observed a month ago.
3ïžâŁ Justin Sun Clarifies Rumors:
âąAddressing social media speculation, Justin Sun denied rumors of liquidating his ETH holdings.
âąHe explained that recent ETH movements were merely wallet transfers by his team, reaffirming his long-term confidence in Ethereum.
4ïžâŁ Argentina vs Rainbowex Pyramid Scheme:
âąArgentina has requested Tether to freeze $3.5M USDT linked to the Rainbowex scheme.
âąAuthorities conducted 22 search warrants and detained 22 individuals involved in misleading thousands of investors.
5ïžâŁ Polkadot Governance Activity:
âąData from Dune Analytics highlights increased participation in Polkadotâs OpenGov governance system.
âąDOT voting engagement spikes from 32.65% to 65.30% of supply during high-activity periods, showing robust participation.
6ïžâŁ Social Media Freeze:
âąaiPool founder Skelyâs X account has been frozen.
âąReasons remain undisclosed, but the incident raises concerns about platform transparency and ongoing scrutiny of influential crypto figures.
đ Market Sentiment:
As the year-end approaches, volatility remains a key theme, with major expiries, regulatory crackdowns, and whale movements shaping the narrative. Investors are urged to stay cautious but alert, as these events could trigger market-defining movements.
Stay informed, stay sharp! đđ
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