ChainCatcher news, according to CME's "FedWatch," the probability that the Federal Reserve will keep the current interest rate unchanged in January next year is 91.4%, while the probability of a 25 basis point rate cut is 8.6%.

ChainCatcher news, according to CME's "FedWatch": The probability that the Federal Reserve will keep the current interest rate unchanged until December is 4.0%, while the probability of a cumulative rate cut of 25 basis points is 96%. The probability of maintaining the current interest rate until January next year is 3.2%, while the probability of a cumulative rate cut of 25 basis points is 78.3%, and the probability of a cumulative rate cut of 50 basis points is 18.5%.

ChainCatcher news, according to market sources, CME CF has launched the New York Reference Rate for Polkadot (DOTUSD_NY Reference Rate), which calculates a standardized price daily during the Eastern Time market hours (3 PM to 4 PM).This move provides traders, institutions, and analysts with a transparent and standardized pricing reference for DOT. Currently, the CME CF New York Reference Rate covers six cryptocurrency assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), Polygon (POL), and Polkadot (DOT).

ChainCatcher news, according to Bloomberg, cryptocurrency trading volume has surged to an all-time high, with the trading volume of digital assets on centralized spot and derivatives exchanges surpassing $1 trillion for the first time. According to data compiled by CCData, total trading volume doubled last month."This sentiment is reflected in the increased interest in assets like XRP, which has historically faced stricter regulatory scrutiny," said Jacob Joseph, senior research analyst at CCData. "Institutional players are also showing optimism, with CME's trading volume significantly rising over the past month, and a large influx of funds into spot Bitcoin ETFs."Monthly spot trading volume on centralized exchanges grew by 128%, reaching $3.43 trillion, marking the second-highest level since May 2021. CCData's data shows that derivatives trading volume surged by 89%, reaching $6.99 trillion, surpassing the historical high from March. This data does not include trading volume from DeFi platforms. As traders flock to altcoins, many South Korean spot cryptocurrency exchanges, such as Upbit, have seen a surge in trading volume. Additionally, CME's total trading volume increased by 83%, reaching $245 billion, setting a new historical high.

ChainCatcher news, according to CoinDesk, analyst James Van Straten stated that since November 20, CME's open interest has decreased by nearly 30,000 contracts to 185,485 contracts. During the same period, net inflows into U.S. spot-listed ETFs exceeded $3 billion. This unusual phenomenon indicates that investors are shifting towards a purely long strategy, rather than the previously common spot-futures arbitrage model.James Van Straten explained that since the ETF listing in January this year, institutional investors have primarily adopted a spot-futures arbitrage strategy, which involves holding long positions in ETFs and short positions in futures to profit from the price difference. Currently, the annualized basis for CME three-month futures remains at a substantial level of 16%, significantly higher than the U.S. 10-year Treasury yield and Ethereum staking yield, but investors seem more inclined to directly bet on Bitcoin's upward trend through ETFs.

ChainCatcher news, Bitcoin's futures price on the Chicago Mercantile Exchange (CME) has surpassed the $100,000 mark, but the spot price on mainstream cryptocurrency exchanges has not yet broken through $100,000.

ChainCatcher news, Coinglass data shows that the total open interest of Bitcoin futures contracts across the network is 649,360 BTC (approximately 64.1 billion USD).Among them, the open interest of CME Bitcoin contracts is 216,820 BTC (approximately 21.4 billion USD), ranking first;The open interest of Binance Bitcoin contracts is 124,530 BTC (approximately 12.3 billion USD), ranking second.

ChainCatcher news, the mETH Protocol launches the COOK Feast event, locking COOK to earn COOK Power, which can participate in the distribution of a prize pool of 200 cmETH. Users can withdraw funds at any time or choose a fixed lock-up period to increase rewards.COOK Feast aims to reward the support of community members, allowing COOK holders to increase their cmETH, encouraging long-term participation in the ecosystem.It is reported that COOK is the governance token of the mETH Protocol, with a total supply of 5 billion tokens and an initial circulating supply of 916 million tokens.According to RootData, the mETH Protocol is a permissionless, non-custodial ETH liquid staking protocol deployed on Ethereum L1 and managed by Mantle. Users stake ETH to earn mETH. Unstaking mETH allows users to receive the underlying principal of staked ETH and accumulated rewards.

ChainCatcher news, mETH Protocol announced on X that cmETH TVL has surpassed 100,000 tokens, valued at approximately $320 million. cmETH was listed on the exchange Bybit on November 15, currently priced at $3,262.It is reported that cmETH is a 1:1 receipt token for resetting $mETH, allowing users to earn rewards across multiple protocols. cmETH can also be used for mining to earn Powder.

ChainCatcher news, according to CME FedWatch, the probability of the Federal Reserve lowering rates by 25 basis points by December is 61.9%, while the probability of maintaining the current rate is 38.1%.

ChainCatcher news, according to Coinglass data, the total Bitcoin contract open interest has surpassed 53 billion USD, currently reported at 53.829 billion USD, with a 24-hour increase of 9.57%, setting a new historical high. Among them, the CME 24-hour increase is 15.86%. Binance's increase is 4.58%.

ChainCatcher news, according to monitoring by The Data Nerd, a whale (0x651) exchanged 3,172 mETH (8.35 million USD) for 2,172 cmETH the day after the mETH Protocol launched cmETH. Three days later, it staked 2,000 cmETH (5.22 million USD) on the cmETH staking platform TreeHouse, from which it can earn EigenLayer, Symbotic and Karak points, Veda points, 20X Powder, and future AVS rewards.

ChainCatcher news, according to The Block, CryptoQuant's research director Julio Moreno stated: "Trump's victory has rekindled American investors' demand for Bitcoin, and the Coinbase premium has turned positive for the first time since October 18." Coinbase is a favored platform among American investors, and its premium indicates increased buying interest, especially from institutional investors making large trades using Coinbase.As a signal of increasing demand from institutional investors, the daily trading volume of Bitcoin futures on the Chicago Mercantile Exchange (CME) reached a historic high of $13.15 billion yesterday. According to K33 research director Vetle Lunde, the average daily trading volume for CME Bitcoin futures in 2024 is currently $4.56 billion—higher even than the surge in trading volume during the FTX collapse in early November 2022. This milestone indicates a shift in Bitcoin trading activity, with an increasingly significant role played by institutional investors.Additionally, data shows that in just one week of November, the average monthly open interest for CME Bitcoin futures has already reached a historic high of $11.73 billion.

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on platform X that yesterday the BTC futures contracts on CME hit a new high, reaching 13 billion dollars.

ChainCatcher news, according to CME "Fed Watch": The probability of the Federal Reserve lowering by 25 basis points by November is 99.4%, and the probability of a 25 basis point rate cut is 0.6%. The probability of a cumulative rate cut of 25 basis points by December is 32.0%, the probability of a cumulative rate cut of 50 basis points is 67.6%, and the probability of a cumulative rate cut of 75 basis points is 0.4%.

According to ChainCatcher news, the CME "Fed Watch" indicates that the probability of the Federal Reserve lowering rates by 25 basis points by November is 97.5%, while the probability of maintaining the current rate is 2.5%. The probability of keeping the current rate unchanged by December is 0.5%, the probability of a cumulative rate cut of 25 basis points is 21.6%, and the probability of a cumulative rate cut of 50 basis points is 77.9%.

ChainCatcher news, the open interest in Bitcoin futures increased by over 20,000 BTC in a single day, marking the largest single-day increase since June 3. The total open interest in Bitcoin has reached $42.6 billion.Contracts offered by the Chicago Mercantile Exchange (CME) surged 9% in 24 hours, with an open interest of 171,700 BTC, valued at over $12.22 billion, giving CME a dominant position with 30% of the futures open interest market.High open interest may lead to increased volatility, especially as contracts approach expiration. Traders may rush to close positions, roll over, or adjust their positions, which can result in significant price fluctuations.

ChainCatcher news, according to Jinshi reports, investors' expectations for the Federal Reserve to maintain interest rates at the next meeting have decreased, while the inflation and employment data scheduled for release next week may still change those expectations.According to the CME FedWatch, the probability of the Federal Reserve maintaining interest rates has dropped from nearly 20% earlier this month to 2%. Most are betting that the Federal Reserve will cut rates by 25 basis points. The September PCE data will be released next Thursday, and the October employment data will be released next Friday. Price data shows that inflation is persistent but not overheating. Employment data may be affected by one-time impacts from hurricanes and strikes.

ChainCatcher news, according to CME's "FedWatch" data, the probability of the Federal Reserve cutting rates by 25 basis points in November is 95%, while the probability of maintaining the rate at 4.75%-5.00% is 5%.

ChainCatcher news, according to Coinglass data, as of October 18, the Chicago Mercantile Exchange (CME) Bitcoin futures open interest (USD) reached $12.3 billion, breaking the historical high and accounting for 31% of the total open interest in Bitcoin futures contracts in the current crypto market ($39.1 billion).In addition, K33Research analyst Vetle Lunde stated that the current institutional preference is to build long positions. With a significant increase in open interest, the futures premium has risen to a 5-month high.