ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on X that the largest BTC block options trade today was: a user purchased 50 BTC in total, consisting of a $65,000 put option and a $68,000 call option for November 15, paying a premium of $282,000.

ChainCatcher news, according to coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation intensity on major CEXs will reach $316 million. Conversely, if Bitcoin breaks above $69,000, the cumulative short liquidation intensity on major CEXs will reach $329 million.

ChainCatcher news, blockchain analysis company Chainalysis is facing a $650 million defamation lawsuit for allegedly mislabeling the YieldNodes project as a scam. The case is set for a hearing on October 16 in the New York Supreme Court.The plaintiff, Exceptional Media, claims that Chainalysis's erroneous classification has caused serious damage to its reputation and client base, and was made with malice. Chainalysis has filed multiple motions to dismiss, arguing that the complaint fails to prove its analysis was incorrect and maintains that YieldNodes could indeed be an investment scam. Chainalysis declined to comment on the case.

ChainCatcher news, according to Coinglass data, if Bitcoin falls below $61,000, the cumulative long liquidation intensity on major CEXs will reach $653 million;Conversely, if Bitcoin breaks above $64,000, the cumulative short liquidation intensity on major CEXs will reach $848 million.It is reported that the liquidation chart does not display the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.Therefore, the liquidation chart shows the extent to which the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to the wave of liquidity.

ChainCatcher news, DefiLlama data shows that venture capital funds invested over $659 million in cryptocurrency startups last month, a 3% increase compared to August. Most of the funds were directed towards blockchain infrastructure development, with approximately $457 million raised in September in this sector, accounting for 71.5% of the total financing in the entire crypto ecosystem during the same period, which is on par with August's performance. The blockchain gaming industry saw a significant month-over-month growth, with venture capital funds investing $63 million in blockchain games in September, nearly half of which went to Balance Games, which raised $30 million from companies such as Animoca, a16z, Aptos Labs, and DWF Labs.

ChainCatcher news, the DeFi platform Infinex has announced that it has chosen Wormhole as its primary multi-chain infrastructure provider. Wormhole's interoperability platform connects over 30 blockchains, while Infinex's platform currently supports 6 blockchains: Ethereum, Polygon, Base, Optimism, Arbitrum, and Solana.The platform recently raised $65.3 million through the sale of "Patron NFTs," selling a total of 41,252 NFTs, with buyers including retail investors, Solana Ventures, Breyer Capital, as well as industry figures like Solana founder Anatoly Yakovenko and Aave founder Stani Kulechov.Infinex was founded by Synthetix founder Kain Warwick, aiming to simplify the use of multi-chain DeFi protocols and eliminate the complexities of managing multiple wallets and paying gas fees, with its TVL exceeding $125 million.

ChainCatcher news, according to ZachXBT, British scammer X account @ape_31 (also using @60711 account) has deceived over 250 users in the past year by posting fake profit and loss screenshots from a Bybit demo account, stealing more than $650,000.Ape 31 guides victims to paid services through a news account, and after receiving payment, blocks them. Victims receive fake API keys to "watch" trades after payment, and Ape 31 also demands an additional $20,000 from victims by showcasing fake profit and loss screenshots.

ChainCatcher news, according to Coinglass data, if Bitcoin breaks through $65,000, the cumulative short liquidation intensity on major CEXs will reach $296 million.Conversely, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on major CEXs will reach $393 million.Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity.Therefore, the liquidation chart shows to what extent the underlying price reaching a certain level will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

ChainCatcher news, according to CoinDesk, due to the Federal Reserve's decision to cut the federal funds rate by 50 basis points a week ago, the debate over whether this rate cut represents a normalization of overly tight monetary policy aimed at curbing inflation or a preparation for an impending economic downturn has intensified.Risk assets, including Bitcoin and altcoins, rebounded after the Federal Reserve's decision, indicating that the market views this rate cut as a normalization measure. Some analysts predict that once Bitcoin breaks through the resistance level of $65,200, it will accelerate its rise.

ChainCatcher message, the founder of the crypto analysis firm Reflexivity Research, Will Clemente, stated on social media that it is psychologically very difficult to shift from trying to cut profits during a rebound to allowing winners to continue to rise amid volatility. In my opinion, confirming a change in market structure for Bitcoin above $65,000 is the threshold for risk appetite and shifting this bias.

ChainCatcher news, according to CNBC, Yuya Hasegawa, a cryptocurrency market analyst at the Japanese Bitcoin exchange Bitbank, has warned about the results of the Bank of Japan's policy meeting starting Thursday, stating that Bitcoin has not yet emerged from its predicament.He stated: "The Bank of Japan may keep the policy interest rate unchanged this time, but signs of further rate hikes could boost the yen and potentially trigger a retreat in yen arbitrage trading, which could lead to a sell-off in the Japanese stock market. Risk aversion may spread to the cryptocurrency market. Before the Bank of Japan makes a decision, Bitcoin still has some time and may continue its upward trend during Thursday's U.S. trading session. The next possible short-term target is around $65,000."

ChainCatcher message, according to Scam Sniffer monitoring, a victim copied the wrong address from contaminated transfer records, resulting in a loss of $649,000.

ChainCatcher news, the NFL Players Association (NFLPA) has filed a lawsuit against the sports betting company DraftKings in the federal court in New York, accusing it of violating the licensing agreement for the use of NFL players' likenesses and owing nearly $65 million.Previously, DraftKings canceled its NFT gaming experience due to "legal developments," which is related to a class action lawsuit concerning whether NFTs are unregistered securities. The NFLPA pointed out that five DraftKings executives have received a total of $261 million in compensation since 2021, which is four times the amount owed by the company.

ChainCatcher message, on-chain analyst Ali stated on X that if the closing price of Bitcoin is above $65,440, the next local top will be around $86,910.

ChainCatcher news, the SEC announced charges against Cynthia Petion and Eddy Petion, as well as their company NovaTech Ltd., accusing them of implementing a fraudulent scheme that raised over $650 million in crypto assets from more than 200,000 investors worldwide, including many investors from the Haitian-American community. The U.S. Securities and Exchange Commission also charged Martin Zizi, Dapilinu Dunbar, James Corbett, Corrie Sampson, John Garofano, and Marsha Hadley with promoting NovaTech to investors.According to the SEC's charges, from 2019 to 2023, the Petions operated NovaTech as a multi-level marketing (MLM) and crypto asset investment project. They claimed that NovaTech would invest investors' funds in crypto assets and the foreign exchange market to entice investors. Cynthia Petion assured investors that their investments would be safe and promised, "In this project, you can profit from day one because you can get this money back again."In reality, NovaTech used most of the investors' funds to pay existing investors and to pay commissions to promoters, using only a small portion of investors' funds for trading. The complaints also allege that the Petions misappropriated millions of dollars in investor assets. The complaint states that when NovaTech eventually collapsed, most investors were unable to withdraw their investments, resulting in significant losses.

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on social media that the largest BTC block options today are: a certain user purchased a $58,000 put option and a $65,000 call option for the end of August, totaling 200 BTC, paying a premium of $664,400.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on platform X that today the largest BTC block options transaction involved a user purchasing a call option for $65,000 expiring at the end of the year and selling a call option for $100,000 expiring at the end of the year, totaling 413 BTC, with a premium payment of $3.627 million. This long-term bullish strategy, through a buy-sell bull spread, reduces costs (leveraging) for going long, and as long as the price at expiration is above $75,000 (the breakeven point), it will be profitable.

ChainCatcher news, according to @ai_9684xtpa monitoring, WBTC whale 0x486...1505e sold 60 WBTC one hour ago, worth 4.02 million USD, with a profit of 658,000 USD. This whale accumulated 870.46 WBTC at an average price of 55,991 USD between 2023.08 and 2024.06, having sold part of it during the process, with 342.73 WBTC remaining, still in profit of 3.72 million USD.