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570 Million XRP Moved in One Hour, Shiba Inu's Shytoshi Kusama Seeks Audience With Ethereum's Vitali570 million XRP in one hour – What's happening? Yesterday, Nov. 7, Whale Alert blockchain tracking platform spotted two large transactions that took place within one hour, cumulatively carrying more than half a billion XRP coins. The timing of transactions coincided with a notable increase in the XRP price that reached $0.57825. One transaction contained 100,000,000 XRP worth $53,270,381, while the other transfer carried 470,000,000 XRP valued at $250,454,910. The larger transfer was executed by Ripple, sending the funds to an anonymous blockchain address; however, according to Bithomp, this address was also affiliated with the San Francisco-based company. While the exact reasons behind this massive transfer are unclear, Ripple often conducts such operations that result in XRP sales. The proceeds are then used to cover its operations and legal expenses related to its ongoing case with the SEC. Shytoshi Kusama to Vitalik Buterin: "Wen 10 minute discussion?" Shiba Inu lead Shytoshi Kusama seems to be intent on expanding the ecosystem and recently reached out again to Ethereum cofounder Vitalik Buterin to organize a short discussion. Yesterday, the SHIB lead commented on Buterin's recent X post devoted to summaries of posts about the future of Ethereum tech, reminding Buterin of his earlier request for a 10-minute discussion. "Wen (When) 10 minutes discussion?" Kusama asked. For clarity, Shiba Inu is the largest meme coin on the Ethereum network. Following Buterin's remarks regarding Dogecoin and its potential, Kusama promptly requested a brief meeting with him, aiming to present SHIB to the Ethereum cofounder. However, there has been no response from Buterin as of yet. 72% PEPE holders in profit as price clears zero Recent data provided by IntoTheBlock demonstrates that around 72% of PEPE holders (or 224,330 addresses) are currently "in the money," having realized profits following a significant price jump. The asset removed one zero from its price, reaching a high of $0.0000104 before stabilizing. At the moment of writing, PEPE is still trading in green, valued at $0.000011, up 8.28% over the past 24 hours, per CoinMarketCap. According to analysts, this surge can be attributed to increased bullish sentiment within the community, alongside an overall positive outlook on the cryptocurrency market. Meanwhile, 20.11% (or 62,700 addresses) of addresses remain "out of money." $BTC {future}(BTCUSDT) $TRX {future}(TRXUSDT) #writetoearn #Holi_Box #BinanceSquareFamily

570 Million XRP Moved in One Hour, Shiba Inu's Shytoshi Kusama Seeks Audience With Ethereum's Vitali

570 million XRP in one hour – What's happening?
Yesterday, Nov. 7, Whale Alert blockchain tracking platform spotted two large transactions that took place within one hour, cumulatively carrying more than half a billion XRP coins. The timing of transactions coincided with a notable increase in the XRP price that reached $0.57825. One transaction contained 100,000,000 XRP worth $53,270,381, while the other transfer carried 470,000,000 XRP valued at $250,454,910. The larger transfer was executed by Ripple, sending the funds to an anonymous blockchain address; however, according to Bithomp, this address was also affiliated with the San Francisco-based company. While the exact reasons behind this massive transfer are unclear, Ripple often conducts such operations that result in XRP sales. The proceeds are then used to cover its operations and legal expenses related to its ongoing case with the SEC.
Shytoshi Kusama to Vitalik Buterin: "Wen 10 minute discussion?"
Shiba Inu lead Shytoshi Kusama seems to be intent on expanding the ecosystem and recently reached out again to Ethereum cofounder Vitalik Buterin to organize a short discussion. Yesterday, the SHIB lead commented on Buterin's recent X post devoted to summaries of posts about the future of Ethereum tech, reminding Buterin of his earlier request for a 10-minute discussion. "Wen (When) 10 minutes discussion?" Kusama asked. For clarity, Shiba Inu is the largest meme coin on the Ethereum network. Following Buterin's remarks regarding Dogecoin and its potential, Kusama promptly requested a brief meeting with him, aiming to present SHIB to the Ethereum cofounder. However, there has been no response from Buterin as of yet.
72% PEPE holders in profit as price clears zero
Recent data provided by IntoTheBlock demonstrates that around 72% of PEPE holders (or 224,330 addresses) are currently "in the money," having realized profits following a significant price jump. The asset removed one zero from its price, reaching a high of $0.0000104 before stabilizing. At the moment of writing, PEPE is still trading in green, valued at $0.000011, up 8.28% over the past 24 hours, per CoinMarketCap. According to analysts, this surge can be attributed to increased bullish sentiment within the community, alongside an overall positive outlook on the cryptocurrency market. Meanwhile, 20.11% (or 62,700 addresses) of addresses remain "out of money."
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SEC Reviews Proposal For First Multi-Crypto ETF
AI Summary
According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC).

Grayscale highlighted that the proposed rule change, if approved, would establish the first national securities exchange ruleset allowing the listing and trading of shares of multi-crypto asset ETFs. The GDLC fund, which was established in 2018, comprises a crypto index portfolio that includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), and XRP (XRP). Despite its creation, the fund is not yet available for trading on public exchanges. As of November 4, GDLC manages approximately $534 million in assets, according to Grayscale’s website.

The NYSE's request for a rule change was published in the federal register on November 4, initiating a 240-day period for the SEC to make a decision on whether to approve the ETF for trading. Grayscale faces competition from other proposed index funds, including those from asset managers Hashdex and Franklin Templeton. However, GDLC stands out by including altcoins such as SOL, AVAX, and XRP, whereas the Hashdex and Franklin Templeton funds plan to initially hold only BTC and ETH.

Industry experts suggest that crypto index ETFs are becoming a significant focus for issuers following the listing of ETFs holding BTC and ETH earlier this year. Katalin Tischhauser, head of investment research at crypto bank Sygnum, noted that index ETFs are efficient for investors, similar to how people invest in the S&P 500 through ETFs. This trend is expected to extend to the crypto market.

Asset managers and exchanges are actively filing to register various proposed altcoin ETFs, including funds holding SOL, XRP, and Litecoin (LTC), which analysts view as a strategic move in anticipation of the US presidential election outcome. David LaValle, Grayscale’s global head of ETFs, stated that Grayscale and NYSE Arca have carefully developed a proposed ruleset to facilitate the listing and trading of shares of multi-crypto asset ETPs within the SEC’s existing framework. 
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SEC Reviews Proposal For First Multi-Crypto ETFAI Summary According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC). Grayscale highlighted that the proposed rule change, if approved, would establish the first national securities exchange ruleset allowing the listing and trading of shares of multi-crypto asset ETFs. The GDLC fund, which was established in 2018, comprises a crypto index portfolio that includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), and XRP (XRP). Despite its creation, the fund is not yet available for trading on public exchanges. As of November 4, GDLC manages approximately $534 million in assets, according to Grayscale’s website. The NYSE's request for a rule change was published in the federal register on November 4, initiating a 240-day period for the SEC to make a decision on whether to approve the ETF for trading. Grayscale faces competition from other proposed index funds, including those from asset managers Hashdex and Franklin Templeton. However, GDLC stands out by including altcoins such as SOL, AVAX, and XRP, whereas the Hashdex and Franklin Templeton funds plan to initially hold only BTC and ETH. Industry experts suggest that crypto index ETFs are becoming a significant focus for issuers following the listing of ETFs holding BTC and ETH earlier this year. Katalin Tischhauser, head of investment research at crypto bank Sygnum, noted that index ETFs are efficient for investors, similar to how people invest in the S&P 500 through ETFs. This trend is expected to extend to the crypto market. Asset managers and exchanges are actively filing to register various proposed altcoin ETFs, including funds holding SOL, XRP, and Litecoin (LTC), which analysts view as a strategic move in anticipation of the US presidential election outcome. David LaValle, Grayscale’s global head of ETFs, stated that Grayscale and NYSE Arca have carefully developed a proposed ruleset to facilitate the listing and trading of shares of multi-crypto asset ETPs within the SEC’s existing framework.  #writetoearn #BinanceSquareFamily #Holi_Box $BTC {future}(BTCUSDT) $DOGE {future}(DOGEUSDT)

SEC Reviews Proposal For First Multi-Crypto ETF

AI Summary
According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC).

Grayscale highlighted that the proposed rule change, if approved, would establish the first national securities exchange ruleset allowing the listing and trading of shares of multi-crypto asset ETFs. The GDLC fund, which was established in 2018, comprises a crypto index portfolio that includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), and XRP (XRP). Despite its creation, the fund is not yet available for trading on public exchanges. As of November 4, GDLC manages approximately $534 million in assets, according to Grayscale’s website.

The NYSE's request for a rule change was published in the federal register on November 4, initiating a 240-day period for the SEC to make a decision on whether to approve the ETF for trading. Grayscale faces competition from other proposed index funds, including those from asset managers Hashdex and Franklin Templeton. However, GDLC stands out by including altcoins such as SOL, AVAX, and XRP, whereas the Hashdex and Franklin Templeton funds plan to initially hold only BTC and ETH.

Industry experts suggest that crypto index ETFs are becoming a significant focus for issuers following the listing of ETFs holding BTC and ETH earlier this year. Katalin Tischhauser, head of investment research at crypto bank Sygnum, noted that index ETFs are efficient for investors, similar to how people invest in the S&P 500 through ETFs. This trend is expected to extend to the crypto market.

Asset managers and exchanges are actively filing to register various proposed altcoin ETFs, including funds holding SOL, XRP, and Litecoin (LTC), which analysts view as a strategic move in anticipation of the US presidential election outcome. David LaValle, Grayscale’s global head of ETFs, stated that Grayscale and NYSE Arca have carefully developed a proposed ruleset to facilitate the listing and trading of shares of multi-crypto asset ETPs within the SEC’s existing framework. 
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Trump threatens lawyers, donors and election officials with prison for 'unscrupulous behavior' By Jillian Frankel MOSINEE, Wis. — Former President Donald Trump, who makes frequent false claims that the 2020 presidential election was stolen through rampant fraud, warned Saturday that he would try to imprison anyone who engages in "unscrupulous behavior" during this year's race. He issued the threat on Truth Social, his social media website, and repeated his false claims that the 2020 election was stolen, accusing Democrats of "rampant Cheating and Skullduggery." “The 2024 Election, where Votes have just started being cast, will be under the closest professional scrutiny and, WHEN I WIN, those people that CHEATED will be prosecuted to the fullest extent of the Law, which will include long term prison sentences so that this Depravity of Justice does not happen again," he wrote. Donald Trump speaks at the fall meeting of the Fraternal Order of Police National Board of Trustees in Charlotte, N.C., on Friday. He continued, “Please beware that this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials. Those involved in unscrupulous behavior will be sought out, caught, and prosecuted at levels, unfortunately, never seen before in our Country.” The threat was one of the most wide-ranging he has made running for president after his 2020 defeat — going beyond threatening old foes and issuing warnings to those involved with the current election. While he spent much of the 2016 campaign threatening to jail his opponent, Hillary Clinton, he tends not to go after people on the periphery, like donors and election workers. Election workers across the country have been subject to threats, most famously Ruby Freeman and her daughter, Shaye Moss, two election workers whose entire lives were uprooted when Trump and his allies targeted them after the 2020 election with false accusations of fraud. In the lead-up to the 2020 election, Trump began making baseless warnings of election interference, which grew louder after he lost and culminated in a mob attacking the U.S. Capitol on Jan. 6, 2021, in an attempt to block certification of Joe Biden’s election. He has begun making similar statements ahead of this year’s election. He also emphasized the GOP’s focus on election integrity this cycle during a speech Saturday in Wisconsin, suggesting that if Republicans stop Democrats from cheating, he does not need to continue campaigning. “We gotta stop the cheating. If we stop that cheating, if we don’t let them cheat, I don’t even have to campaign anymore,” Trump said. “We’re going to win by so much. In the meantime, too big to rig, too big to rig.” Trump and his allies filed dozens of unsuccessful cases after the 2020 election in an attempt to overturn the results. Some Democrats say Republicans' new legal fights in battleground states ahead of the November election raise concerns that Republicans are trying to sow seeds doubts about the result if Trump loses. A spokesperson for the Trump campaign could not immediately be reached Saturday night to provide additional context about Trump’s plan. #Write2Earn #uselections #BinanceSquareFamily #Holi_Box $BTC {future}(BTCUSDT)

Trump threatens lawyers, donors and election officials with prison for 'unscrupulous behavior'

By Jillian Frankel
MOSINEE, Wis. — Former President Donald Trump, who makes frequent false claims that the 2020 presidential election was stolen through rampant fraud, warned Saturday that he would try to imprison anyone who engages in "unscrupulous behavior" during this year's race.
He issued the threat on Truth Social, his social media website, and repeated his false claims that the 2020 election was stolen, accusing Democrats of "rampant Cheating and Skullduggery."
“The 2024 Election, where Votes have just started being cast, will be under the closest professional scrutiny and, WHEN I WIN, those people that CHEATED will be prosecuted to the fullest extent of the Law, which will include long term prison sentences so that this Depravity of Justice does not happen again," he wrote.

Donald Trump speaks at the fall meeting of the Fraternal Order of Police National Board of Trustees in Charlotte, N.C., on Friday.
He continued, “Please beware that this legal exposure extends to Lawyers, Political Operatives, Donors, Illegal Voters, & Corrupt Election Officials. Those involved in unscrupulous behavior will be sought out, caught, and prosecuted at levels, unfortunately, never seen before in our Country.”
The threat was one of the most wide-ranging he has made running for president after his 2020 defeat — going beyond threatening old foes and issuing warnings to those involved with the current election.
While he spent much of the 2016 campaign threatening to jail his opponent, Hillary Clinton, he tends not to go after people on the periphery, like donors and election workers.
Election workers across the country have been subject to threats, most famously Ruby Freeman and her daughter, Shaye Moss, two election workers whose entire lives were uprooted when Trump and his allies targeted them after the 2020 election with false accusations of fraud.
In the lead-up to the 2020 election, Trump began making baseless warnings of election interference, which grew louder after he lost and culminated in a mob attacking the U.S. Capitol on Jan. 6, 2021, in an attempt to block certification of Joe Biden’s election. He has begun making similar statements ahead of this year’s election.
He also emphasized the GOP’s focus on election integrity this cycle during a speech Saturday in Wisconsin, suggesting that if Republicans stop Democrats from cheating, he does not need to continue campaigning.
“We gotta stop the cheating. If we stop that cheating, if we don’t let them cheat, I don’t even have to campaign anymore,” Trump said. “We’re going to win by so much. In the meantime, too big to rig, too big to rig.”
Trump and his allies filed dozens of unsuccessful cases after the 2020 election in an attempt to overturn the results. Some Democrats say Republicans' new legal fights in battleground states ahead of the November election raise concerns that Republicans are trying to sow seeds doubts about the result if Trump loses.
A spokesperson for the Trump campaign could not immediately be reached Saturday night to provide additional context about Trump’s plan.
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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC can still appeal. Following the judge’s order, the commodities regulator immediately filed an emergency request for a two-week stay. Kalshi’s Legal Victory Could Change U.S. Election Betting Landscape, CFTC Files Emergency Motion In a legal twist last year, Kalshi, a financial exchange and prediction market, took the Commodity Futures Trading Commission (CFTC) to court. Kalshi, established in 2018 by Tarek Mansour and Luana Lopes Lara, allows users to trade on real-world event outcomes. The lawsuit, filed in November 2023, challenged the CFTC’s decision to block the company from offering specific event contracts, particularly those related to betting on the U.S. election, on its federally regulated platform. On Sept. 6, 2024, Judge Jia Cobb delivered a decision in favor of Kalshi, rejecting the CFTC’s cross-motion for summary judgment. Bloomberg Law reported that Kalshi’s CEO, Tarek Mansour, called the ruling a milestone. “Election markets are now legal in the United States for the first time in 100 years,” Mansour remarked. On the firm’s website, it states: Election markets are coming to Kalshi. We did it! Stay tuned for more info, and God bless America! Paradigm’s vice president of government affairs, Alexander Grieve, shared on X that he was delighted his firm supported the amicus. “Proud Paradigm contributed an amicus in this case, as (if it wasn’t clear already) the outcome of November’s election will have profound impact on the direction of crypto in this country,” Grieve said. “American companies need the ability to hedge political risk,” the Paradigm executive added. Right after the verdict, the CFTC swiftly filed an emergency motion requesting a two-week stay. They argued that “without the benefit of the court’s reasoning, the CFTC is unable to make an informed decision whether to appeal, nor is it able to fully brief a motion for stay pending any forthcoming appeal.” The regulator further added: Time is of the essence in the issuance of a stay. The CFTC expects that Plaintiff Kalshi will immediately list the relevant election contracts and that trading will begin as soon as the contracts list. Plaintiff has already announced on its homepage that ‘Election Markets are Coming to Kalshi!’ The news arrives at a moment when Polymarket, a blockchain-powered prediction platform, has seen a significant increase in volume and open interest, thanks to the upcoming 2024 election. Meanwhile, U.S. lawmakers, including Democratic Senator Elizabeth Warren from Massachusetts, have been pressing the CFTC to crack down on election prediction markets. “The last thing that voters heading to the polls need are bets waged on the outcome of that election,” the policymaker’s letter argued. What do you think about Kalshi’s win this week and the chance the CFTC may appeal the decision? Share your thoughts and opinions about this subject in the comments section below. #trandingtopics #USellction2024 #Write2Earn! #Holi_Box $BTC {future}(BTCUSDT)

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC can still appeal. Following the judge’s order, the commodities regulator immediately filed an emergency request for a two-week stay.

Kalshi’s Legal Victory Could Change U.S. Election Betting Landscape, CFTC Files Emergency Motion

In a legal twist last year, Kalshi, a financial exchange and prediction market, took the Commodity Futures Trading Commission (CFTC) to court. Kalshi, established in 2018 by Tarek Mansour and Luana Lopes Lara, allows users to trade on real-world event outcomes. The lawsuit, filed in November 2023, challenged the CFTC’s decision to block the company from offering specific event contracts, particularly those related to betting on the U.S. election, on its federally regulated platform.

On Sept. 6, 2024, Judge Jia Cobb delivered a decision in favor of Kalshi, rejecting the CFTC’s cross-motion for summary judgment. Bloomberg Law reported that Kalshi’s CEO, Tarek Mansour, called the ruling a milestone. “Election markets are now legal in the United States for the first time in 100 years,” Mansour remarked. On the firm’s website, it states:

Election markets are coming to Kalshi. We did it! Stay tuned for more info, and God bless America!

Paradigm’s vice president of government affairs, Alexander Grieve, shared on X that he was delighted his firm supported the amicus. “Proud Paradigm contributed an amicus in this case, as (if it wasn’t clear already) the outcome of November’s election will have profound impact on the direction of crypto in this country,” Grieve said. “American companies need the ability to hedge political risk,” the Paradigm executive added.

Right after the verdict, the CFTC swiftly filed an emergency motion requesting a two-week stay. They argued that “without the benefit of the court’s reasoning, the CFTC is unable to make an informed decision whether to appeal, nor is it able to fully brief a motion for stay pending any forthcoming appeal.” The regulator further added:
Time is of the essence in the issuance of a stay. The CFTC expects that Plaintiff Kalshi will immediately list the relevant election contracts and that trading will begin as soon as the contracts list. Plaintiff has already announced on its homepage that ‘Election Markets are Coming to Kalshi!’
The news arrives at a moment when Polymarket, a blockchain-powered prediction platform, has seen a significant increase in volume and open interest, thanks to the upcoming 2024 election. Meanwhile, U.S. lawmakers, including Democratic Senator Elizabeth Warren from Massachusetts, have been pressing the CFTC to crack down on election prediction markets. “The last thing that voters heading to the polls need are bets waged on the outcome of that election,” the policymaker’s letter argued.
What do you think about Kalshi’s win this week and the chance the CFTC may appeal the decision? Share your thoughts and opinions about this subject in the comments section below.
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Cryptoverse: Bored bitcoin seeks direction after big bangOct 8 - Bitcoin has been distinctly listless in the past three months after starting the year with a bang. The crypto leader has largely shuttled between $56,000 and $63,000 so far in the second half of the year - a contrast to the first six months when it jumped 45%, propelled by the launch of U.S. exchange-traded funds (ETFs) tracking its spot price. Market players are now eyeing possible new crypto catalysts heading into year-end and early 2025, beyond broader market-moving events such as shifts in U.S. interest rates and the American presidential election. Jake Ostrovskis, trader at UK-based crypto firm Wintermute, is anticipating the upcoming launch of options on BlackRock's spot bitcoin ETF, a new product he believes could attract more U.S. retail money after its approval by the Securities and Exchange Commission last month. Because regulators view bitcoin as a commodity, though, such options may also need the green light from the Commodity Futures Trading Commission, which oversees commodity derivatives, said Youwei Yang, chief economist at BIT Mining . "If successful ... (ETF options) could increase bitcoin's market sophistication and volatility, driving greater institutional and retail engagement," Yang added. It's been quite a run for crypto as the anticipation and approval of U.S. ETFs helped drive bitcoin activity globally. The total size of the cryptocurrency market has ballooned to $2.2 trillion as of Oct. 1 this year, from $8.3 billion at the start of 2023, according to CoinGecko data. "We've observed a significant increase in institutional on-boarding and trading activity," this year said Ostrovskis, adding there was a strong demand for platforms and services for digital assets that resemble traditional financial structures. Notoriously wild bitcoin's 90-day volatility has fallen to 42% this year from 67% in mid-2020, according to Deutsche Bank data. Market watchers cautioned that bitcoin still showed a strong correlation to other cryptocurrencies and was likely to be among the first assets dumped by investors retreating from uncertainty and risk; bitcoin slumped 5% on a new spike in hostilities in the Middle East last week, for example. BIGGEST CRYPTO COUNTRIES? Chainalysis' Global Adoption index, which tracks crypto use in 151 countries with measures including trading and payments, surpassed the 2021 crypto bull market between the fourth quarter of 2023 and the first quarter of 2024. Crypto adoption is particularly strong in lower-income countries which often have less developed and accessible mainstream financial systems, the report showed. India took top spot, followed by Nigeria in Chainalysis' rankings, while seven of the other top 20 countries were Asian emerging markets including Indonesia, Vietnam and the Philippines. Crypto fans often point to uses in countries with high inflation and rapid currency depreciation - such as Turkey and Argentina - as evidence of digital money's real world use. Chainalysis also noted a significant increase in decentralized finance (DeFi) and stablecoin activity in Sub-Saharan Africa, Latin America, and Eastern Europe. "The value proposition for bitcoin and stablecoins in Latin America are intact," said Mauricio Di Bartolomeo, co-founder of crypto loan provider Ledn. "Most of the emerging world wants to bank in dollars, but they don't necessarily trust their banks." The United States ranked fourth overall on the adoption ranking, while South Korea and China were 19th and 20th, respectively. In terms of crypto transaction volumes, the U.S. is the world's biggest market followed by India, according to Deutsche Bank. #writetoearn #bitcoin☀️ #Holi_Box $BTC {spot}(BTCUSDT) $DOGE {spot}(DOGEUSDT) #DogecoinCommunity

Cryptoverse: Bored bitcoin seeks direction after big bang

Oct 8 - Bitcoin has been distinctly listless in the past three months after starting the year with a bang.
The crypto leader has largely shuttled between $56,000 and $63,000 so far in the second half of the year - a contrast to the first six months when it jumped 45%, propelled by the launch of U.S. exchange-traded funds (ETFs) tracking its spot price.
Market players are now eyeing possible new crypto catalysts heading into year-end and early 2025, beyond broader market-moving events such as shifts in U.S. interest rates and the American presidential election.
Jake Ostrovskis, trader at UK-based crypto firm Wintermute, is anticipating the upcoming launch of options on BlackRock's spot bitcoin ETF, a new product he believes could attract more U.S. retail money after its approval by the Securities and Exchange Commission last month.
Because regulators view bitcoin as a commodity, though, such options may also need the green light from the Commodity Futures Trading Commission, which oversees commodity derivatives, said Youwei Yang, chief economist at BIT Mining .
"If successful ... (ETF options) could increase bitcoin's market sophistication and volatility, driving greater institutional and retail engagement," Yang added.
It's been quite a run for crypto as the anticipation and approval of U.S. ETFs helped drive bitcoin activity globally.
The total size of the cryptocurrency market has ballooned to $2.2 trillion as of Oct. 1 this year, from $8.3 billion at the start of 2023, according to CoinGecko data.
"We've observed a significant increase in institutional on-boarding and trading activity," this year said Ostrovskis, adding there was a strong demand for platforms and services for digital assets that resemble traditional financial structures.
Notoriously wild bitcoin's 90-day volatility has fallen to 42% this year from 67% in mid-2020, according to Deutsche Bank data. Market watchers cautioned that bitcoin still showed a strong correlation to other cryptocurrencies and was likely to be among the first assets dumped by investors retreating from uncertainty and risk; bitcoin slumped 5% on a new spike in hostilities in the Middle East last week, for example.
BIGGEST CRYPTO COUNTRIES?
Chainalysis' Global Adoption index, which tracks crypto use in 151 countries with measures including trading and payments, surpassed the 2021 crypto bull market between the fourth quarter of 2023 and the first quarter of 2024.
Crypto adoption is particularly strong in lower-income countries which often have less developed and accessible mainstream financial systems, the report showed. India took top spot, followed by Nigeria in Chainalysis' rankings, while seven of the other top 20 countries were Asian emerging markets including Indonesia, Vietnam and the Philippines.
Crypto fans often point to uses in countries with high inflation and rapid currency depreciation - such as Turkey and Argentina - as evidence of digital money's real world use.
Chainalysis also noted a significant increase in decentralized finance (DeFi) and stablecoin activity in Sub-Saharan Africa, Latin America, and Eastern Europe.
"The value proposition for bitcoin and stablecoins in Latin America are intact," said Mauricio Di Bartolomeo, co-founder of crypto loan provider Ledn.
"Most of the emerging world wants to bank in dollars, but they don't necessarily trust their banks."
The United States ranked fourth overall on the adoption ranking, while South Korea and China were 19th and 20th, respectively.
In terms of crypto transaction volumes, the U.S. is the world's biggest market followed by India, according to Deutsche Bank.

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Gigi Hadid Stumbles in Skintight Duct Tape Dress on Vetements Runway, Rebounds Like a ProThe model had a minor catwalk mishap during the Paris Fashion Week show Gigi Hadid narrowly avoided a runway wipeout. While walking for Vetements during Paris Fashion Week on Friday, Sept. 27, the 29-year-old model had a small mishap. In a video captured the The Perfect Magazine, Hadid struts down the runway and as she reaches the end, trips over her yellow heels. Perhaps more notable than her almost-fall is Hadid's tape dress. The Guest in Residence founder donned a skin-tight mini dress made entirely of yellow packing tape with the DHL logo on it. Aside from her matching yellow heels, the star went sans accessories. Her blonde bob was styled into tousled waves and she sported a natural makeup look. The show, which presented Vetements spring 2025 collection, featured a star-studded front row; Ice Spice, Bella Thorne, Normani and Tom Daly were all in attendance. Travis Scott also walked the runway. The musician, who shares two children with Kylie Jenner, wore black leather pants and a matching jacket which was unzipped to reveal his abs. Earlier this week, Hadid was partying in Paris with sisters Kendall and Kylie Jenner. On Wednesday, Sept. 25, the trio attended attended Rosalía's 32nd birthday party. For the festivities, Hadid wore a gray high-waisted skirt featuring a plaid bottom, teaming it with a black crop top, leather jacket and sunglasses. Kendall, 28, wore a nude sheer Alexander McQueen dress with a turtleneck-style top and accessorized with matching open-toe kitten heels. Before heading to Paris, Hadid was hanging out with pal Taylor Swift in New York City. The longtime friends were spotted leaving a girl's dinner at The Corner Store on Saturday, Sept. 21, both showing off their best fall outfits. #Media #Model #Holi_Box #writetoearn

Gigi Hadid Stumbles in Skintight Duct Tape Dress on Vetements Runway, Rebounds Like a Pro

The model had a minor catwalk mishap during the Paris Fashion Week show

Gigi Hadid narrowly avoided a runway wipeout.
While walking for Vetements during Paris Fashion Week on Friday, Sept. 27, the 29-year-old model had a small mishap. In a video captured the The Perfect Magazine, Hadid struts down the runway and as she reaches the end, trips over her yellow heels.
Perhaps more notable than her almost-fall is Hadid's tape dress. The Guest in Residence founder donned a skin-tight mini dress made entirely of yellow packing tape with the DHL logo on it. Aside from her matching yellow heels, the star went sans accessories.
Her blonde bob was styled into tousled waves and she sported a natural makeup look.
The show, which presented Vetements spring 2025 collection, featured a star-studded front row; Ice Spice, Bella Thorne, Normani and Tom Daly were all in attendance.
Travis Scott also walked the runway. The musician, who shares two children with Kylie Jenner, wore black leather pants and a matching jacket which was unzipped to reveal his abs.

Earlier this week, Hadid was partying in Paris with sisters Kendall and Kylie Jenner.
On Wednesday, Sept. 25, the trio attended attended Rosalía's 32nd birthday party. For the festivities, Hadid wore a gray high-waisted skirt featuring a plaid bottom, teaming it with a black crop top, leather jacket and sunglasses.

Kendall, 28, wore a nude sheer Alexander McQueen dress with a turtleneck-style top and accessorized with matching open-toe kitten heels.
Before heading to Paris, Hadid was hanging out with pal Taylor Swift in New York City. The longtime friends were spotted leaving a girl's dinner at The Corner Store on Saturday, Sept. 21, both showing off their best fall outfits.
#Media
#Model
#Holi_Box
#writetoearn
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--
Bullish
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory. Meanwhile, the global crypto market cap soared 1.28% in the last 24 hours to reach $1.93 trillion. However, the total market volume saw a phenomenal 56.43% decrease in value to $42.88 billion. Here’s a brief overview of some of the leading cryptocurrencies by market cap and their price action today, September 8. BTC Price gained nearly 1% in the past 24 hours to trade at $54,318. The coin’s 24-hour low and high were recorded as $53,799.05 and $54,838.15, respectively. #BTC☀ #Write2Earn! #Holi_Box {spot}(BTCUSDT)
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory.
Meanwhile, the global crypto market cap soared 1.28% in the last 24 hours to reach $1.93 trillion. However, the total market volume saw a phenomenal 56.43% decrease in value to $42.88 billion.

Here’s a brief overview of some of the leading cryptocurrencies by market cap and their price action today, September 8.
BTC Price gained nearly 1% in the past 24 hours to trade at $54,318. The coin’s 24-hour low and high were recorded as $53,799.05 and $54,838.15, respectively.
#BTC☀
#Write2Earn!
#Holi_Box
Top 3 Coins to Buy Today if You Missed Out on Solana (SOL) and Ethereum (ETH)Disclaimer : You Can Invest In Your Own Risk. Missing the surge of Solana and Ethereum doesn’t mean the chance for significant crypto gains is over. The digital currency market is filled with undervalued tokens that show strong potential for growth. Unearthing these promising coins could provide an opportunity to invest early in assets that might soon capture the spotlight. The ZDEX Presale Is Your Rocket to DeFi Riches! The ZDEX presale is your chance to get in on the next DeFi beast before it shoots to the moon —don’t let it slip by! Starting at just $0.0017, ZDEX is rising fast, with predictions of significant returns in the upcoming bull market. ZDEX is the engine behind ZircuitDEX, the blazing-fast DEX built on Zircuit L2. Offering swaps smoother than a Formula 1 pit stop, extremely low fees, and minimal slippage, ZircuitDEX makes trading effortless. Fully EVM-compatible, it integrates seamlessly with Ethereum tools while its ZK-proof security keeps your assets locked down tighter than a vault. For liquidity providers, the concentrated liquidity feature of ZircuitDEX offers up to 500x capital efficiency than any other DEX. And with automated strategies working behind the scenes, your profits grow while you relax and enjoy the ride. Meme coin gains that beat any adrenaline rush you’ve ever felt Missed out on past meme coin explosions like BRETT’s 14,000% surge? Now’s your chance to get ahead! With ZircuitDEX’s meme coin launchpad, you can snag early access to the next big token and cash in even before the hype builds. Currently, ZircuitDEX is one of the most promising DeFi projects out there. So, don’t wait – the presale’s here, the clock’s ticking and ZDEX tokens are literally flying off the shelves, with the DEX governance, airdrops, staking, and the potential for massive gains all up for grabs. XRP: A Fast and Low-Cost Cryptocurrency for Borderless Transactions XRP is a cryptocurrency supported by the XRP Ledger, designed to enable fast, low-cost, and borderless transactions. It operates on a decentralized system without a central authority, making transactions secure and irreversible. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP was launched with an initial supply of 100 billion tokens, with 80 billion gifted to Ripple for further development. Ripple uses XRP to improve network liquidity and support the ecosystem, placing 55 billion XRP in escrow for controlled supply release. The technology behind XRP aims to facilitate seamless payment transfers across various currencies. In the current market cycle, XRP’s potential for quick and inexpensive transactions may attract interest from those seeking efficient payment solutions. Jupiter (JUP): Leading DeFi Platform on Solana with Upcoming Airdrop Jupiter (JUP) is a prominent platform in the Decentralised Finance (DeFi) sector on the Solana blockchain. It is the most popular decentralized exchange (DEX) aggregator globally, pooling resources for efficient token swaps, futures trading, and decentralized stablecoin management. Initially focused on liquidity aggregation, Jupiter now includes GMX-style perpetual futures and plans to launch its own decentralized stablecoin to address custodial and regulatory risks. An airdrop on January 31, 2024, will reward early adopters and active users with 1 billion JUP tokens distributed to nearly 955,000 wallets. These developments position Jupiter for significant growth within Solana’s ecosystem, highlighting the potential of its technology. Conclusion While XRP and JUP may offer growth, they have less short-term potential. ZircuitDEX offers 500X capital efficiency, lightning-fast transactions, and zero slippage, enhancing capital management. The ZDEX Token is in presale at a 70% discount, presenting an opportunity for good returns. Holding ZDEX provides benefits like early meme coin access and reduced fees. #writetoearn #Holi_Box $BTC {spot}(BTCUSDT) $DOGE {spot}(DOGEUSDT) $SOL {spot}(SOLUSDT)

Top 3 Coins to Buy Today if You Missed Out on Solana (SOL) and Ethereum (ETH)

Disclaimer : You Can Invest In Your Own Risk.

Missing the surge of Solana and Ethereum doesn’t mean the chance for significant crypto gains is over. The digital currency market is filled with undervalued tokens that show strong potential for growth. Unearthing these promising coins could provide an opportunity to invest early in assets that might soon capture the spotlight.
The ZDEX Presale Is Your Rocket to DeFi Riches!
The ZDEX presale is your chance to get in on the next DeFi beast before it shoots to the moon —don’t let it slip by! Starting at just $0.0017, ZDEX is rising fast, with predictions of significant returns in the upcoming bull market.
ZDEX is the engine behind ZircuitDEX, the blazing-fast DEX built on Zircuit L2. Offering swaps smoother than a Formula 1 pit stop, extremely low fees, and minimal slippage, ZircuitDEX makes trading effortless. Fully EVM-compatible, it integrates seamlessly with Ethereum tools while its ZK-proof security keeps your assets locked down tighter than a vault.
For liquidity providers, the concentrated liquidity feature of ZircuitDEX offers up to 500x capital efficiency than any other DEX. And with automated strategies working behind the scenes, your profits grow while you relax and enjoy the ride.
Meme coin gains that beat any adrenaline rush you’ve ever felt
Missed out on past meme coin explosions like BRETT’s 14,000% surge? Now’s your chance to get ahead! With ZircuitDEX’s meme coin launchpad, you can snag early access to the next big token and cash in even before the hype builds.
Currently, ZircuitDEX is one of the most promising DeFi projects out there. So, don’t wait – the presale’s here, the clock’s ticking and ZDEX tokens are literally flying off the shelves, with the DEX governance, airdrops, staking, and the potential for massive gains all up for grabs.
XRP: A Fast and Low-Cost Cryptocurrency for Borderless Transactions
XRP is a cryptocurrency supported by the XRP Ledger, designed to enable fast, low-cost, and borderless transactions. It operates on a decentralized system without a central authority, making transactions secure and irreversible. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP was launched with an initial supply of 100 billion tokens, with 80 billion gifted to Ripple for further development.
Ripple uses XRP to improve network liquidity and support the ecosystem, placing 55 billion XRP in escrow for controlled supply release. The technology behind XRP aims to facilitate seamless payment transfers across various currencies. In the current market cycle, XRP’s potential for quick and inexpensive transactions may attract interest from those seeking efficient payment solutions.
Jupiter (JUP): Leading DeFi Platform on Solana with Upcoming Airdrop
Jupiter (JUP) is a prominent platform in the Decentralised Finance (DeFi) sector on the Solana blockchain. It is the most popular decentralized exchange (DEX) aggregator globally, pooling resources for efficient token swaps, futures trading, and decentralized stablecoin management.
Initially focused on liquidity aggregation, Jupiter now includes GMX-style perpetual futures and plans to launch its own decentralized stablecoin to address custodial and regulatory risks. An airdrop on January 31, 2024, will reward early adopters and active users with 1 billion JUP tokens distributed to nearly 955,000 wallets. These developments position Jupiter for significant growth within Solana’s ecosystem, highlighting the potential of its technology.
Conclusion
While XRP and JUP may offer growth, they have less short-term potential. ZircuitDEX offers 500X capital efficiency, lightning-fast transactions, and zero slippage, enhancing capital management. The ZDEX Token is in presale at a 70% discount, presenting an opportunity for good returns. Holding ZDEX provides benefits like early meme coin access and reduced fees.
#writetoearn
#Holi_Box
$BTC
$DOGE
$SOL
GHOST STORIES For decades, there have been reports by visitors and staff at George Washington's home of supernatural activity. Below are a number of Mount Vernon ghost stories staff have recorded over the years. Washington’s Ghost Haunts Mount Vernon In the early years of the Mount Vernon Ladies’ Association, when the Ladies were at Mount Vernon, they would sleep in the Mansion. The following account was reported in the New York World newspaper ca. 1890. "Of course, the most interesting of all the bedrooms is the one belonging to the immortal George and in which he died. In it is the original four-poster bed whereon Washington passed his last moments." "This historic chamber is haunted; of that there would seem to be little doubt. Many people within recent years have slept in it, and they declare that they were awed by the viewless presence of the nation’s first President. They deny earnestly that the notion is based on imagination. Few of these temporary occupants have been able to get any sleep. Obviously, it is one thing to see a ghost, and quite another thing to feel one—to be aware of the nearness of a strange and brooding spectre. They all agree that Washington visits his chamber in the still watches of the night." "Mrs. William Beale and a friend of hers spent a night at Mount Vernon. At their own request, they were permitted to occupy Washington’s bedroom. In the middle of the night, they were awakened by the sputtering of their candle. They had lighted one surreptitiously and were burning it in the middle of a basin of water." "Fancied they saw a spook. It went out with a noise, and they began to feel alarmed. Mrs. Beale said to her friend: 'You are on the side of the bed where Washington died!' The other replied: 'No, I’m not; he died on your side!' Finally they decided that the question was doubtful, and there was no more sleep for them that night. They got up, dressed themselves, and sat around until morning, scared by every squeak of the windows and at one moment were sure they heard Washington’s sword clank distinctly in a corner." A Woman on the Stairs During a typical day at work, ca. 1980s, while stationed in the Central Passage, something caught an interpreter's eye. She saw the figure of an unidentified woman, dressed in 18th-century clothing, on the stairs. The figure was carrying a large punch bowl filled with a flower arrangement. The figure disappeared upon reaching the bottom of the staircase. An Angry Gentleman An interpreter was in the Central Passage, on a particularly crowded day in the spring or summer, ca. 1980s. She thought she heard someone in the room behind her. Thinking that a visitor had gotten into the area by going under the rope barriers, she entered the Little Parlor to shoo them out. Much to her surprise, she found an older gentleman, sporting a large mustache and dressed in late 19th or early 20th-century clothing, with his sleeves rolled up and secured with garters. When he saw that he had her attention, he shouted, “What the hell is going on here?”—a reference to the noise a school group or groups were making. The interpreter told him that she was trying to quiet them down and then the man disappeared. She later saw a portrait of the gentleman in question, Colonel Harrison Howell Dodge, Mount Vernon’s director for about 50 years until his death in the late 1930s. A Flurry of Skirts An interpreter was standing in the Central Passage, ca. 1980s. She felt something brush past her, coming out of the Little Parlor. Looking down, all she could see were the feet and bottoms of the skirts of a young girl in an 18th-century dress, running across the Central Passage. Putting Away His Horse A head guard said that these events were not a one-time incident but happened with great regularity, ca. 1980s-1990s. Quite frequently, an alarm would go off in the stable. Then, in about the time it would take to unsaddle and put up a horse and walk from the stable to the Mansion, an alarm would go off in the Washington Bedchamber. Guards dispatched to check out the situation invariably found nothing out of the ordinary. This man's explanation was that the General was coming home, made his horse comfortable, and then went up to his room. The Yellow Room A 2006 supervisor from the History Interpretation Department recalls her first encounter. My first encounter with a ghost occurred in the Yellow Room of the Mansion in 2006. I was a supervisor in the History Interpretation Department—supervisors clear and lock the Mansion after checking and rechecking for assurance that no one has been left in the Mansion after hours. After letting the last interpreter out the Study door, I walked up the backstairs, past the Washington Bedchamber, and into the Yellow Room. I suddenly felt myself being pushed, feeling the pressure of someone’s hands on the back of my shoulders. I turned to look and no one was there. It was obvious I wasn’t wanted in the Yellow Bedchamber. This happened several more times, and I decided I would not go back upstairs alone. I invited another interpreter to stay with me and travel the backstairs to the Yellow Room—nothing happened. The next time, when I was alone, I was once again pushed through the room. To keep this from being disturbed, I felt it was best that I not use the backstairs but to remove my shoes and cross through the downstairs bedchamber to the Central Passage and lock the door for the evening. A Ghost at the Tomb An interpreter from 2006 explains what happened to her at George Washington's Tomb. The first time I experienced this “ghost” was Easter morning in 2006 when I was scheduled to open Washington’s Tomb. It was early and very quiet and there was no one around—the guests had not made their way from the Mansion. I stood in front of the open door, and I saw an ectoplasm in the far right corner of the Tomb. When I moved, the ectoplasm moved. I watched as it became a blur in my vision, and it continued to move around. I took a photo that showed a streak of light through the blur. The second photo showed the blur. As soon as voices of the guests coming down the hill could be heard, the ectoplasm disappeared. This happened on three different occasions. A Woman from the Civil War A member of Mount Vernon's Youth Programs team recounts her experience.  Originally, my office was located in the Teacher Resource Center of the Education Center, which is now Be Washington. It was after hours and the staff had left. I gathered my coat and bag and set them on the table facing my desk—as I turned to put on my coat, I saw a female figure standing in the door of my office. She was dressed in clothing from the Civil War period, and she was totally grey—her complete body and clothing were grey. She stood in the doorway looking straight ahead without moving—her stare was very stern. It happened quickly, and then she was gone. There was no doubt in my mind that Ann Pamela Cunningham, founder of the Mount Vernon Ladies' Association, had been in the room. I stayed for a while, sitting quietly as I listened to the noises of cabinet doors opening and closing in Hands-on-History, but when I looked to see who was there, the room was empty. Wandering in the Night One night, ca. 2010s, a couple of security officers were driving around the Mount Vernon grounds very late at night. They saw a little girl on the path ahead of them. So they stopped suddenly. Then the girl appeared right next to them. They quickly spun around and drove away as fast as they could.  A Candle in the Night A character interpreter tells what she experienced inside the Mansion in 2017. I’ve worked at Mount Vernon on and off since 2004. I most recently returned in January 2017. The estate was abuzz with the latest spooky story. On December 15, 2016, some strange sounds were heard coming from the third floor and there had been reports of the temperature dropping by 20 degrees. When the tale was shared with me, I was determined to see if it would happen again. On December 14, the anniversary of the General’s death, I was on the third floor waiting for some haunting but nothing happened. However, when I returned the next night, the vibe in the area had changed. Upon looking into the southwest bedchamber, I noticed an electric candle was on. “That’s strange,” I thought. “It was dark last night.” Had the Collections team come and turned it on? Not likely; the third floor isn’t open to the public. Then it hit me. George Washington died on December 14, 1799, and the next day Martha Washington shut up the bedroom they shared and moved to the southwest bedchamber. Apparently, she’s still marking that sad day. The Mount Vernon Monster Residents of the neighborhoods surrounding Mount Vernon endured months of nocturnal terror in 1979. Police helicopters hovered with searchlights. Patrol officers on foot crouched in the woods, radios at the ready. A long May night passed quietly. The Mount Vernon Monster was nowhere to be found. This night, and the mystery that prevailed for the better part of 1979, was covered in a May 12, 1979, article in the Washington Post. “For the last nine months,” the article reads, “nocturnal screaming has come from a patch of woods about one mile from the historic home of George Washington.” Theories abounded as to the source of the screaming, which the Post described as an “eerie, muted wail—like someone being strangled in the shower.” Residents offered differing explanations: “a wild boar, really loud frogs, some guy blowing in a wine bottle, a barred (or hoot) owl, a broken microphone on a CB outfit, a parrot, a mouse with an amplifier, a strangled dog, the ghost of George Washington and the ghost of George Washington's pigs.” One resident described seeing a creature in her backyard, 6 feet tall and walking upright. Some neighborhood children captured audio of the wailing with portable cassette recorders in the middle of the night. But despite all efforts, the Mount Vernon Monster, as the mysterious creature came to be known, never revealed its secrets. The brouhaha didn’t escape the notice of the Mount Vernon Ladies’ Association, which noted in its internal 1979 Council Minutes: Reports on an alleged ‘Mount Vernon Monster’ have appeared in the Washington area newspapers and have been circulated around the country by the Associated Press. No one has seen the ‘monster,’ but various people, including some Mount Vernon employees, claim to have heard its howls, screams, shrieks (descriptions of the ‘voice’ vary) from a wooded area within a mile of Mount Vernon. The mystery was never to be solved. And though the creature wasn’t proven to be Georgefoot—neither was it disproven to be… #Ghost #Write2Earn #Holi_Box $BTC {future}(BTCUSDT)

GHOST STORIES

For decades, there have been reports by visitors and staff at George Washington's home of supernatural activity. Below are a number of Mount Vernon ghost stories staff have recorded over the years.
Washington’s Ghost Haunts Mount Vernon
In the early years of the Mount Vernon Ladies’ Association, when the Ladies were at Mount Vernon, they would sleep in the Mansion.
The following account was reported in the New York World newspaper ca. 1890.
"Of course, the most interesting of all the bedrooms is the one belonging to the immortal George and in which he died. In it is the original four-poster bed whereon Washington passed his last moments."

"This historic chamber is haunted; of that there would seem to be little doubt. Many people within recent years have slept in it, and they declare that they were awed by the viewless presence of the nation’s first President. They deny earnestly that the notion is based on imagination. Few of these temporary occupants have been able to get any sleep. Obviously, it is one thing to see a ghost, and quite another thing to feel one—to be aware of the nearness of a strange and brooding spectre. They all agree that Washington visits his chamber in the still watches of the night."
"Mrs. William Beale and a friend of hers spent a night at Mount Vernon. At their own request, they were permitted to occupy Washington’s bedroom. In the middle of the night, they were awakened by the sputtering of their candle. They had lighted one surreptitiously and were burning it in the middle of a basin of water."
"Fancied they saw a spook. It went out with a noise, and they began to feel alarmed. Mrs. Beale said to her friend: 'You are on the side of the bed where Washington died!' The other replied: 'No, I’m not; he died on your side!' Finally they decided that the question was doubtful, and there was no more sleep for them that night. They got up, dressed themselves, and sat around until morning, scared by every squeak of the windows and at one moment were sure they heard Washington’s sword clank distinctly in a corner."
A Woman on the Stairs
During a typical day at work, ca. 1980s, while stationed in the Central Passage, something caught an interpreter's eye.
She saw the figure of an unidentified woman, dressed in 18th-century clothing, on the stairs. The figure was carrying a large punch bowl filled with a flower arrangement. The figure disappeared upon reaching the bottom of the staircase.

An Angry Gentleman
An interpreter was in the Central Passage, on a particularly crowded day in the spring or summer, ca. 1980s.
She thought she heard someone in the room behind her. Thinking that a visitor had gotten into the area by going under the rope barriers, she entered the Little Parlor to shoo them out. Much to her surprise, she found an older gentleman, sporting a large mustache and dressed in late 19th or early 20th-century clothing, with his sleeves rolled up and secured with garters.
When he saw that he had her attention, he shouted, “What the hell is going on here?”—a reference to the noise a school group or groups were making. The interpreter told him that she was trying to quiet them down and then the man disappeared. She later saw a portrait of the gentleman in question, Colonel Harrison Howell Dodge, Mount Vernon’s director for about 50 years until his death in the late 1930s.

A Flurry of Skirts
An interpreter was standing in the Central Passage, ca. 1980s.
She felt something brush past her, coming out of the Little Parlor. Looking down, all she could see were the feet and bottoms of the skirts of a young girl in an 18th-century dress, running across the Central Passage.
Putting Away His Horse
A head guard said that these events were not a one-time incident but happened with great regularity, ca. 1980s-1990s.
Quite frequently, an alarm would go off in the stable. Then, in about the time it would take to unsaddle and put up a horse and walk from the stable to the Mansion, an alarm would go off in the Washington Bedchamber. Guards dispatched to check out the situation invariably found nothing out of the ordinary.
This man's explanation was that the General was coming home, made his horse comfortable, and then went up to his room.

The Yellow Room
A 2006 supervisor from the History Interpretation Department recalls her first encounter.
My first encounter with a ghost occurred in the Yellow Room of the Mansion in 2006. I was a supervisor in the History Interpretation Department—supervisors clear and lock the Mansion after checking and rechecking for assurance that no one has been left in the Mansion after hours. After letting the last interpreter out the Study door, I walked up the backstairs, past the Washington Bedchamber, and into the Yellow Room. I suddenly felt myself being pushed, feeling the pressure of someone’s hands on the back of my shoulders. I turned to look and no one was there. It was obvious I wasn’t wanted in the Yellow Bedchamber.
This happened several more times, and I decided I would not go back upstairs alone. I invited another interpreter to stay with me and travel the backstairs to the Yellow Room—nothing happened. The next time, when I was alone, I was once again pushed through the room.
To keep this from being disturbed, I felt it was best that I not use the backstairs but to remove my shoes and cross through the downstairs bedchamber to the Central Passage and lock the door for the evening.

A Ghost at the Tomb
An interpreter from 2006 explains what happened to her at George Washington's Tomb.
The first time I experienced this “ghost” was Easter morning in 2006 when I was scheduled to open Washington’s Tomb. It was early and very quiet and there was no one around—the guests had not made their way from the Mansion. I stood in front of the open door, and I saw an ectoplasm in the far right corner of the Tomb. When I moved, the ectoplasm moved. I watched as it became a blur in my vision, and it continued to move around. I took a photo that showed a streak of light through the blur. The second photo showed the blur. As soon as voices of the guests coming down the hill could be heard, the ectoplasm disappeared. This happened on three different occasions.

A Woman from the Civil War
A member of Mount Vernon's Youth Programs team recounts her experience. 
Originally, my office was located in the Teacher Resource Center of the Education Center, which is now Be Washington. It was after hours and the staff had left. I gathered my coat and bag and set them on the table facing my desk—as I turned to put on my coat, I saw a female figure standing in the door of my office.
She was dressed in clothing from the Civil War period, and she was totally grey—her complete body and clothing were grey. She stood in the doorway looking straight ahead without moving—her stare was very stern. It happened quickly, and then she was gone. There was no doubt in my mind that Ann Pamela Cunningham, founder of the Mount Vernon Ladies' Association, had been in the room.
I stayed for a while, sitting quietly as I listened to the noises of cabinet doors opening and closing in Hands-on-History, but when I looked to see who was there, the room was empty.

Wandering in the Night
One night, ca. 2010s, a couple of security officers were driving around the Mount Vernon grounds very late at night.
They saw a little girl on the path ahead of them. So they stopped suddenly. Then the girl appeared right next to them. They quickly spun around and drove away as fast as they could. 
A Candle in the Night
A character interpreter tells what she experienced inside the Mansion in 2017.
I’ve worked at Mount Vernon on and off since 2004. I most recently returned in January 2017. The estate was abuzz with the latest spooky story. On December 15, 2016, some strange sounds were heard coming from the third floor and there had been reports of the temperature dropping by 20 degrees. When the tale was shared with me, I was determined to see if it would happen again.
On December 14, the anniversary of the General’s death, I was on the third floor waiting for some haunting but nothing happened. However, when I returned the next night, the vibe in the area had changed. Upon looking into the southwest bedchamber, I noticed an electric candle was on. “That’s strange,” I thought. “It was dark last night.” Had the Collections team come and turned it on? Not likely; the third floor isn’t open to the public. Then it hit me. George Washington died on December 14, 1799, and the next day Martha Washington shut up the bedroom they shared and moved to the southwest bedchamber. Apparently, she’s still marking that sad day.

The Mount Vernon Monster
Residents of the neighborhoods surrounding Mount Vernon endured months of nocturnal terror in 1979.
Police helicopters hovered with searchlights. Patrol officers on foot crouched in the woods, radios at the ready. A long May night passed quietly.
The Mount Vernon Monster was nowhere to be found.
This night, and the mystery that prevailed for the better part of 1979, was covered in a May 12, 1979, article in the Washington Post. “For the last nine months,” the article reads, “nocturnal screaming has come from a patch of woods about one mile from the historic home of George Washington.”
Theories abounded as to the source of the screaming, which the Post described as an “eerie, muted wail—like someone being strangled in the shower.” Residents offered differing explanations: “a wild boar, really loud frogs, some guy blowing in a wine bottle, a barred (or hoot) owl, a broken microphone on a CB outfit, a parrot, a mouse with an amplifier, a strangled dog, the ghost of George Washington and the ghost of George Washington's pigs.”
One resident described seeing a creature in her backyard, 6 feet tall and walking upright. Some neighborhood children captured audio of the wailing with portable cassette recorders in the middle of the night. But despite all efforts, the Mount Vernon Monster, as the mysterious creature came to be known, never revealed its secrets.
The brouhaha didn’t escape the notice of the Mount Vernon Ladies’ Association, which noted in its internal 1979 Council Minutes:
Reports on an alleged ‘Mount Vernon Monster’ have appeared in the Washington area newspapers and have been circulated around the country by the Associated Press. No one has seen the ‘monster,’ but various people, including some Mount Vernon employees, claim to have heard its howls, screams, shrieks (descriptions of the ‘voice’ vary) from a wooded area within a mile of Mount Vernon.
The mystery was never to be solved. And though the creature wasn’t proven to be Georgefoot—neither was it disproven to be…

#Ghost
#Write2Earn
#Holi_Box
$BTC
Harris is trying to cut into Trump's edge on the economy. It could decide the election. WASHINGTON — Kamala Harris is looking to neutralize a glaring vulnerability that has jeopardized her prospects since she replaced Joe Biden as the Democratic presidential nominee: voter frustration with high prices. Harris is talking about the economy in hope of winning over voters who continue to feel nagging economic pain. It may be the most deliberate and clear break she has had with Biden since she took over the ticket. Biden spent the past year touting "Bidenomics" and insisting that voters would come around and give him credit for a slew of legislative victories, without ultimately blaming him for the high cost of groceries and other necessities. But Harris is more willing to lean into voter anxiety over the cost of living and pitch herself as the best candidate to mitigate pocketbook pressures. She isn't criticizing Biden. But her tone and message suggest she doesn't want to be cast simply as his protégée. “We’ve lived through a historic inflation shock,” said a Harris campaign adviser, speaking on condition of anonymity. “That has affected every American economically in different ways, and it takes time for that to work through peoples’ lives.” Harris has announced a flurry of proposals meant to assure voters that if she is elected she’d enact new laws to cut costs. She is also adopting a more populist message than Biden did when it comes to financial pressures that millions of people confront. Harris is casting profit-minded corporations and landlords as villains who've been jacking up grocery prices and rent. Voters who've been crucial to Democratic victories in past elections hold a sour view of the economy, polling shows. Gen Z voters under age 30 ranked inflation and the cost of living as their biggest worry, far outstripping abortion, health care, threats to democracy and other issues, an NBC News survey this month found. Inflation is already dropping. But prices remain about 20% higher than they were during the pandemic. A CNBC survey of registered voters last month asked whether a victory by Harris or Donald Trump would leave them better off financially or whether their situations wouldn't change. A solid plurality, 40%, said they'd do better financially if Trump won, compared with only 21% who said they'd fare better under a Harris presidency. Harris says her plans are good policy. But presidential campaigns aren’t think tanks; they’re built to win votes. What Harris is offering could boost her standing among key constituencies with whom she’s lagging or whose vote she needs to maximize. Her face-to-face debate with Trump on Tuesday night is perhaps her best chance to drive her message that as the daughter of a single mother who struggled to buy a house, she empathizes with people's fears and has an antidote to economic anxiety. "When I am elected president, I will make it a top priority to bring down costs and increase economic security for all Americans," she said last month in a speech in North Carolina. "As president, I will take on the high costs that matter most to most Americans, like the cost of food." Appeals to younger voters Harris has made younger voters who are starting families and buying homes a special focus. She has rolled out plans to give a $6,000 tax credit to parents of newborns, along with a $25,000 subsidy to help first-time homebuyers cover their down payments. "Clearly, housing has been a big point of pressure for younger voters. She’s speaking directly to that,” said Brendan Duke, who was a senior adviser in the Biden White House’s National Economic Council. Harris needs to galvanize young voters if she is to re-create the Democrats' winning coalition from 2020. In the NBC News survey of Gen Z registered voters under 30, 50% said they favored Harris, compared with 34% who preferred Trump. Substantial though a 16-point margin sounds, Biden beat Trump by 24 points in 2020 among voters in that age group, according to a comprehensive study by the Pew Research Center. #USellction2024 #trandingtopics #Write2Earn! #Holi_Box $BTC {future}(BTCUSDT)

Harris is trying to cut into Trump's edge on the economy. It could decide the election.

WASHINGTON — Kamala Harris is looking to neutralize a glaring vulnerability that has jeopardized her prospects since she replaced Joe Biden as the Democratic presidential nominee: voter frustration with high prices.
Harris is talking about the economy in hope of winning over voters who continue to feel nagging economic pain. It may be the most deliberate and clear break she has had with Biden since she took over the ticket.
Biden spent the past year touting "Bidenomics" and insisting that voters would come around and give him credit for a slew of legislative victories, without ultimately blaming him for the high cost of groceries and other necessities.
But Harris is more willing to lean into voter anxiety over the cost of living and pitch herself as the best candidate to mitigate pocketbook pressures. She isn't criticizing Biden. But her tone and message suggest she doesn't want to be cast simply as his protégée.
“We’ve lived through a historic inflation shock,” said a Harris campaign adviser, speaking on condition of anonymity. “That has affected every American economically in different ways, and it takes time for that to work through peoples’ lives.”
Harris has announced a flurry of proposals meant to assure voters that if she is elected she’d enact new laws to cut costs. She is also adopting a more populist message than Biden did when it comes to financial pressures that millions of people confront. Harris is casting profit-minded corporations and landlords as villains who've been jacking up grocery prices and rent.
Voters who've been crucial to Democratic victories in past elections hold a sour view of the economy, polling shows. Gen Z voters under age 30 ranked inflation and the cost of living as their biggest worry, far outstripping abortion, health care, threats to democracy and other issues, an NBC News survey this month found.
Inflation is already dropping. But prices remain about 20% higher than they were during the pandemic.
A CNBC survey of registered voters last month asked whether a victory by Harris or Donald Trump would leave them better off financially or whether their situations wouldn't change. A solid plurality, 40%, said they'd do better financially if Trump won, compared with only 21% who said they'd fare better under a Harris presidency.
Harris says her plans are good policy. But presidential campaigns aren’t think tanks; they’re built to win votes. What Harris is offering could boost her standing among key constituencies with whom she’s lagging or whose vote she needs to maximize.
Her face-to-face debate with Trump on Tuesday night is perhaps her best chance to drive her message that as the daughter of a single mother who struggled to buy a house, she empathizes with people's fears and has an antidote to economic anxiety.
"When I am elected president, I will make it a top priority to bring down costs and increase economic security for all Americans," she said last month in a speech in North Carolina. "As president, I will take on the high costs that matter most to most Americans, like the cost of food."
Appeals to younger voters
Harris has made younger voters who are starting families and buying homes a special focus. She has rolled out plans to give a $6,000 tax credit to parents of newborns, along with a $25,000 subsidy to help first-time homebuyers cover their down payments.
"Clearly, housing has been a big point of pressure for younger voters. She’s speaking directly to that,” said Brendan Duke, who was a senior adviser in the Biden White House’s National Economic Council.
Harris needs to galvanize young voters if she is to re-create the Democrats' winning coalition from 2020. In the NBC News survey of Gen Z registered voters under 30, 50% said they favored Harris, compared with 34% who preferred Trump.
Substantial though a 16-point margin sounds, Biden beat Trump by 24 points in 2020 among voters in that age group, according to a comprehensive study by the Pew Research Center.
#USellction2024
#trandingtopics
#Write2Earn!
#Holi_Box
$BTC
What’s Happening In Crypto Today? Daily Crypto News DigestWhy is crypto down today? The global cryptocurrency market cap currently stands at approximately $2.47 trillion, reflecting a slight decline of 0.7% over the past 24 hours. Bitcoin is priced at $68,174.75, experiencing a marginal decrease of 0.3% in the past 24 hours. Ethereum follows with a price of $2,701.83, rising by 2.0% over the same period. Solana has also shown growth, increasing by 4.3% in the last 24 hours to $165.86, and XRP has risen by 2.3% to $0.5529. Lido Staked Ether (STETH) is trading at $2,702.36, reflecting a 2.1% increase in the past 24 hours. Meanwhile, Dogecoin has shown significant growth, climbing 1.1% in 24 hours and 27.6% over the past week, now priced at $0.1444. However, some meme coins have faced steep declines, with KLAUS dropping by 8.7%. Others in the top 15, such as TRON (TRX), are up slightly by 0.6% at $0.1574, while Avalanche (AVAX) is down by 3.3% at $28.29 over the last seven days. Among the top 100 cryptocurrencies, several coins have demonstrated impressive gains despite the overall market’s minor dip. Leading the largest gainers is KOALA AI, which has surged by an impressive 67.9%, now trading at $0.05885. Penumbra follows closely with a notable increase of 37.2%, currently priced at $0.8719. Additionally, Fwog has seen a strong performance, climbing 40.7% to $0.2231. Digital Asset Investment Products See $2.2B in Inflows In crypto news today, digital asset investment products experienced a significant surge, with inflows reaching $2.2 billion, marking the highest weekly increase since July. The renewed interest is believed to be fueled by expectations of a potential Republican victory in the upcoming US elections, as they are generally seen as more supportive of digital assets, CoinShares reported. Bitcoin was the primary recipient of these inflows, receiving $2.13 billion, while short-bitcoin products also saw their largest inflows since March, amounting to $12 million. Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively. Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million. Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively. Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million. Coinbase CEO Backs Pro-Crypto Republican Senate Candidates Coinbase co-founder and CEO Brian Armstrong has publicly endorsed several Republican candidates running for the U.S. Senate in the upcoming November elections. On October 20, Armstrong took to X to express his support for candidates with pro-crypto stances, including XRP advocate and lawyer John Deaton, as well as former Bridgewater Associates CEO David McCormick. Both Deaton and McCormick are running as Republicans, with Deaton seeking a Senate seat in Massachusetts and McCormick vying for a seat in Pennsylvania. Japanese Authorities Arrest Gang of 18 in Monero-Based Fraud Case In other crypto news today, for the first time in crypto history, Japanese authorities have arrested a group of 18 scammers by tracking Monero transactions. The group was involved in money laundering, using the privacy-focused cryptocurrency Monero, which led to around 100 million yen (approximately $670,000) in damages during their illegal activities. The investigation involved analyzing roughly 900 Monero-based transactions, a significant milestone for Japan’s law enforcement, marking the first time Monero transactions were used to identify and apprehend criminals. Among those arrested was the suspected leader, Yuta Kobayashi, who, along with the other members, was charged with money laundering and computer fraud. _________ $BTC {future}(BTCUSDT) $DOGE {future}(DOGEUSDT) #writetoearn #Bitcoin❗ #Holi_Box

What’s Happening In Crypto Today? Daily Crypto News Digest

Why is crypto down today?
The global cryptocurrency market cap currently stands at approximately $2.47 trillion, reflecting a slight decline of 0.7% over the past 24 hours.
Bitcoin is priced at $68,174.75, experiencing a marginal decrease of 0.3% in the past 24 hours.
Ethereum follows with a price of $2,701.83, rising by 2.0% over the same period.
Solana has also shown growth, increasing by 4.3% in the last 24 hours to $165.86, and XRP has risen by 2.3% to $0.5529.
Lido Staked Ether (STETH) is trading at $2,702.36, reflecting a 2.1% increase in the past 24 hours.
Meanwhile, Dogecoin has shown significant growth, climbing 1.1% in 24 hours and 27.6% over the past week, now priced at $0.1444.

However, some meme coins have faced steep declines, with KLAUS dropping by 8.7%.
Others in the top 15, such as TRON (TRX), are up slightly by 0.6% at $0.1574, while Avalanche (AVAX) is down by 3.3% at $28.29 over the last seven days.
Among the top 100 cryptocurrencies, several coins have demonstrated impressive gains despite the overall market’s minor dip.
Leading the largest gainers is KOALA AI, which has surged by an impressive 67.9%, now trading at $0.05885.
Penumbra follows closely with a notable increase of 37.2%, currently priced at $0.8719.
Additionally, Fwog has seen a strong performance, climbing 40.7% to $0.2231.
Digital Asset Investment Products See $2.2B in Inflows
In crypto news today, digital asset investment products experienced a significant surge, with inflows reaching $2.2 billion, marking the highest weekly increase since July.
The renewed interest is believed to be fueled by expectations of a potential Republican victory in the upcoming US elections, as they are generally seen as more supportive of digital assets, CoinShares reported.
Bitcoin was the primary recipient of these inflows, receiving $2.13 billion, while short-bitcoin products also saw their largest inflows since March, amounting to $12 million.
Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively.
Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million.
Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively.
Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million.
Coinbase CEO Backs Pro-Crypto Republican Senate Candidates
Coinbase co-founder and CEO Brian Armstrong has publicly endorsed several Republican candidates running for the U.S. Senate in the upcoming November elections.
On October 20, Armstrong took to X to express his support for candidates with pro-crypto stances, including XRP advocate and lawyer John Deaton, as well as former Bridgewater Associates CEO David McCormick.
Both Deaton and McCormick are running as Republicans, with Deaton seeking a Senate seat in Massachusetts and McCormick vying for a seat in Pennsylvania.
Japanese Authorities Arrest Gang of 18 in Monero-Based Fraud Case
In other crypto news today, for the first time in crypto history, Japanese authorities have arrested a group of 18 scammers by tracking Monero transactions.
The group was involved in money laundering, using the privacy-focused cryptocurrency Monero, which led to around 100 million yen (approximately $670,000) in damages during their illegal activities.
The investigation involved analyzing roughly 900 Monero-based transactions, a significant milestone for Japan’s law enforcement, marking the first time Monero transactions were used to identify and apprehend criminals.
Among those arrested was the suspected leader, Yuta Kobayashi, who, along with the other members, was charged with money laundering and computer fraud.
_________
$BTC
$DOGE
#writetoearn
#Bitcoin❗
#Holi_Box
Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K RangeA long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday. By Omkar Godbole Oct 9, 2024 at 4:56 p.m. A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November.To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry.A large bitcoin (BTC) options trade executed on Deribit early Wednesday anticipates a shift from the present low volatility regime to a period of heightened price swings, potentially exceeding the $53,000-$87,000 range. The trade, a so-called long straddle, saw the entity pay a net premium of over $1 million to purchase 100 contracts of the $66,000 strike call and put options expiring on Nov. 29, according to data confirmed by Lin Chen, head of business development Asia at Deribit.A long straddle is preferred when the market is expected to move far enough in either direction to make the call or the put option worth more than the cumulative premium paid. A call option protects the buyer against price rallies and gains value as the underlying asset's price rises. A put works the other way around, gaining value as prices drop. "When discussing strangles, straddles, and ratioed straddle strategies, it is necessary to understand the buying and selling of 'premium' [options contracts]," options trader Charles M. Cottle wrote in his book "Options Trading: The Hidden Reality." "Sellers of premium want the market to sit still, and buyers of premium [straddle/strangle buyers] want the market to move."For the strategy to turn profitable and overcompensate for the premium paid, the bitcoin price needs to move either above $87,000 or below $53,000 by the end of November, Chen told CoinDesk.In other words, it is a bet on volatility explosion beyond the $53,000-$87,000 range. The trade will bleed money if the price remains between those levels till the end of November, with the maximum loss being the $1 million premium paid.Chen said that November expiry options are seeing above-normal activity, likely in anticipation of a potential post-U.S. election volatility. The U.S. presidential election is due Nov. 5, with results to be declared on Nov. 8. Some traders have recently set up bets on continued range play ahead of the elections."We have over $1.4 billion open interest in BTC's end-of-November expiry and a put-call ratio of 0.66, which is notably higher than usual. In comparison, the December put-call ratio is 0.39," Chen told CoinDesk. "We are definitely seeing more hedging flow around the U.S. election."Edited by Sheldon Reback. #writetoearn #Holi_Box #bitcoin☀️ $BTC {spot}(BTCUSDT)$DOGE {spot}(DOGEUSDT)

Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range

A long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday.
By Omkar Godbole
Oct 9, 2024 at 4:56 p.m.
A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November.To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry.A large bitcoin (BTC) options trade executed on Deribit early Wednesday anticipates a shift from the present low volatility regime to a period of heightened price swings, potentially exceeding the $53,000-$87,000 range. The trade, a so-called long straddle, saw the entity pay a net premium of over $1 million to purchase 100 contracts of the $66,000 strike call and put options expiring on Nov. 29, according to data confirmed by Lin Chen, head of business development Asia at Deribit.A long straddle is preferred when the market is expected to move far enough in either direction to make the call or the put option worth more than the cumulative premium paid. A call option protects the buyer against price rallies and gains value as the underlying asset's price rises. A put works the other way around, gaining value as prices drop. "When discussing strangles, straddles, and ratioed straddle strategies, it is necessary to understand the buying and selling of 'premium' [options contracts]," options trader Charles M. Cottle wrote in his book "Options Trading: The Hidden Reality." "Sellers of premium want the market to sit still, and buyers of premium [straddle/strangle buyers] want the market to move."For the strategy to turn profitable and overcompensate for the premium paid, the bitcoin price needs to move either above $87,000 or below $53,000 by the end of November, Chen told CoinDesk.In other words, it is a bet on volatility explosion beyond the $53,000-$87,000 range. The trade will bleed money if the price remains between those levels till the end of November, with the maximum loss being the $1 million premium paid.Chen said that November expiry options are seeing above-normal activity, likely in anticipation of a potential post-U.S. election volatility. The U.S. presidential election is due Nov. 5, with results to be declared on Nov. 8. Some traders have recently set up bets on continued range play ahead of the elections."We have over $1.4 billion open interest in BTC's end-of-November expiry and a put-call ratio of 0.66, which is notably higher than usual. In comparison, the December put-call ratio is 0.39," Chen told CoinDesk. "We are definitely seeing more hedging flow around the U.S. election."Edited by Sheldon Reback. #writetoearn #Holi_Box #bitcoin☀️ $BTC $DOGE
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