On November 15, Zhu Su posted on social media that although the bottom-picking position was higher than he expected, he had already bought back ETH at $3,090 and SOL at $211.
Data: Bitcoin and Ethereum options with a notional value of $3.98 billion expire today
Shenzhen TechFlow news, on November 15, according to Greeks.live data, including 39,000 Bitcoin option contracts, the put-call option ratio was 0.84, the biggest pain point is located at US$80,000, and the nominal value reached US$3.4 billion; 189,000 Ethereum contracts For options contracts, the put-call ratio is 0.92, the biggest pain point is at $3,000, and the notional value is $580 million. Bitcoin has successively exceeded two key integers of US$80,000 and US$90,000, hitting record highs. The market has set off a meme frenzy. The combination of Trump and Musk will add many possibilities to the crypto market in the next four years. About 10% of positions have expired this week. The surge has led to a significant increase in short-term option IV. The at-the-money IV of mainstream term options is relatively stable. The market atmosphere is still very optimistic, and there is a high probability that it will rise after a short correction.
Biconomy has launched an AI application called NOMY. The application uses artificial intelligence technology to provide users with personalized recommendations and suggestions. NOMY can recommend content and products suitable for users based on their interests and preferences. The application can also continuously optimize the recommendation results by analyzing user behavior and feedback. According to Biconomy, the goal of NOMY is to help users better discover and enjoy personalized experiences.
OpSec core team resigned en masse after being exposed by on-chain detective ZachXBT
Chris Williams, CEO of AI-powered cloud security platform OpSec, has announced that he and OpSec's entire core team are resigning en masse. Williams cited a recent investigation by crypto sleuth ZachXBT and claimed that the business is "no longer viable." Specifically, he claims OpSec's anonymous founders intentionally withheld critical information. "This decision was made based on recent findings highlighted by ZachXBT and our evaluation of OpSec's operations," Williams claimed. "These revelations, combined with the extended absence of the undisclosed founders and sole control of the company's finances, have severely limited our ability to effectively lead and execute our vision."
Su Zhu posted on X: "I have re-bought ETH at $3090; re-bought SOL at $211; and added some 3ac tokens at $0.0038. I originally planned to buy ETH and SOL at $3000 and $200, but (the current price is acceptable so) it doesn’t matter."
XT will soon launch ZND (ZND Token) trading. ZND is a comprehensive financial ecosystem covering multiple platforms, including zondacrypto exchange and zondacrypto Pay, providing solutions such as trading, income, lending and exploration.
Australian crypto fund management company DigitalX disclosed that its Bitcoin fund has an annual return of 99%. Although the company's digital asset fund fell 2.1% in the last quarter, its five-year cumulative return rate is still more than 526%. DigitalX currently offers two Bitcoin investment products: a Bitcoin fund for institutional investors and a Bitcoin ETF (BTXX) for retail investors. Among them, BTXX has risen from A$20 to A$31.09 per unit since it was listed on the Australian Stock Exchange in July.
On November 15, the official Twitter accounts of several altcoin projects, including Litecoin, yearn.fi, Manta, TRON DAO, and Renzo, posted on social media jokingly: “Given the current market conditions, I think we are actually a Meme coin project.”
TechFlow reported that Hong Kong Financial Services and the Treasury Secretary, Paul Hui, delivered an important speech at the Legislative Council meeting on November 14, emphasizing that Hong Kong will accelerate the legislative process of the virtual asset industry. He said that the government will submit a draft bill to the Legislative Council this year to regulate issuers of fiat stablecoins. At the same time, Hong Kong is adjusting regulatory proposals for virtual asset over-the-counter services, with the goal of completing the second round of public consultation in 2025 and submitting a proposed licensing system for virtual asset custody service providers. In addition, Paul Hui revealed that Hong Kong has issued a policy declaration at the recent Hong Kong Fintech Week 2024, expounding on the policy stance and guidelines for the responsible application of artificial intelligence in the financial market.
Litecoin released a tweet positioning itself as a meme coin, triggering a crypto market craze. Litecoin rose 10% in a short period of time, and other projects also joined the meme coin craze. New meme coins did not show a significant increase, while old meme coins showed an increase + correction trend. KLM Royal Dutch Airlines released the same tweet, but the marketing effect was limited. Meme culture deconstructs the existing system and brings more traffic. Crypto investors have expectations for the meme market.
According to official news from Bijie.com, the dYdX community's proposal on "Restart and Revision of Incentive Plan" has been approved by on-chain voting. According to the proposal, this is a proposal to modify the dYdX incentive plan, which will last for 4 months, with $1.5 million per month and $6 million DYDX tokens issued every quarter. 60% of the rewards are allocated to market makers and 40% to traders, and the tracking API is enhanced without a trading alliance.
According to TechFlow, on November 15, Typus Finance, an option DeFi project officially supported by Sui Ecosystem, will issue its native governance token $TYPUS. It is reported that Typus Finance will take a whitelist snapshot on November 18, start pre-sale on November 19, and conduct a Dutch auction on November 20.
Sports metaverse platform Bitball announced the completion of a $5 million Series A financing round, led by IntelligentCricket and Neon Eight Group. The funds will be used to expand its AI-driven sports game ecosystem and develop a 3D cricket game based on real-time sports data, which is expected to be launched in Q2 2025. Since its launch in December 2023, Bitball has attracted more than 5 million users, becoming the leader in the Arbitrum active wallet rankings, and plans to hold the BALL token generation event (TGE) in Q4 2024.
A whale sold 850,000 WIF tokens 7 hours ago in exchange for 15,987 SOL (about $3.4 million), leaving only 50,000 WIF (about $175,000), with a profit of about $7.5 million on WIF. The whale then invested 3,800 SOL (about $801,000) to purchase 1.74 million Pnut tokens (currently worth about $2.87 million). Currently, its unrealized gains on Pnut amount to $2.07 million, and the highest was $3.4 million.
Suilend will launch the automated market maker Steamm in the first quarter of 2025, creating a new source of income for liquidity providers by lending idle funds and attracting more liquidity. Steamm supports constant products, constant sums, and oracle-based pricing strategies.