šDAILY EDGEš
šGlobal Market Cap: $3.3T (-0.53%)
š°Bitcoin (BTC):
ā¢Range: $92,520 - $96,539
ā¢Current: $94,155 (-1.84%)
šTop Performers:
ā¢PHA: +34%
ā¢ZEN: +30%
ā¢BAT: +25%
Market Insights:
1ļøā£Options Expiry Ahead:
ā¢QCP Market Analysis reveals that $20B BTC & ETH options will expire this Friday, representing nearly half of Deribitās total
open interest.
ā¢Analysts expect post-expiry volatility, with sellers closing
positions and spot prices fluctuating.
ā¢If BTC surpasses $100K, volatility could remain elevated.
2ļøā£Altcoin Watch:
ā¢BTC remains under the $100K resistance, with dominance at
58%.
ā¢Analysts suggest a potential rotation into altcoins if BTC
dominance drops significantly, mirroring a pattern observed a
month ago.
3ļøā£Justin Sun Clarifies Rumors:
ā¢Addressing social media speculation, Justin Sun denied
rumors of liquidating his ETH holdings.
ā¢He explained that recent ETH movements were merely wallet
transfers by his team, reaffirming his long-term confidence in
Ethereum.
4ļøā£Argentina vs Rainbowex Pyramid Scheme:
ā¢Argentina has requested Tether to freeze $3.5M USDT linked to the Rainbowex scheme.
ā¢Authorities conducted 22 search warrants
5ļøā£Polkadot Governance Activity:
ā¢Data from Dune Analytics highlights increased participation in
Polkadotās OpenGov governance system.
ā¢DOT voting engagement spikes from 32.65% to 65.30% of
supply during high-activity periods, showing robust
participation.
6ļøā£Social Media Freeze:
ā¢aiPool founder Skelyās X account has been frozen.
ā¢Reasons remain undisclosed, but the incident raises concerns about platform transparency and ongoing scrutiny of influential
crypto figures.
šMarket 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!šš
THIS IS NOT FINANCIAL ADVICE! DYOR
#CryptoMarket