ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that the short-term implied volatility peaked on election day, expanding by 10 volatility points compared to the previous expiration date, with a skew towards call options rather than put options, even though Bitcoin is approximately 8% lower than its historical high. Meanwhile, the stock market presents a different picture.The S&P 500 index reached a historic high, with 20% of companies about to announce their earnings. The options market leans towards put protection, anticipating that the index may fluctuate by 1.8% on the day after the election, November 6. The correlation between the stock market and cryptocurrencies has reached a historic high of 0.83. Given its mean-reversion trend and the differences in options market positioning, this may signal the arrival of a turning point.The election creates a zero-sum game scenario for the stock market, with industry winners depending on the election results. In contrast, both U.S. presidential candidates are more supportive of cryptocurrencies than the previous administration, so any weakness in the stock market may prompt a reallocation of capital into the cryptocurrency space.

ChainCatcher news, Mossfire Capital co-founder Raymond Huang, during the Space event "With the Bull Market Approaching, How Can Secondary Investors See Through Market Fog?" hosted by RootData, stated that although the interest rate cut policy was officially implemented last month, the expectations for rate cuts had already begun to take effect a year ago. He pointed out that the Crypto market is more sensitive to the Federal Reserve's liquidity policy, and without the support of macro policy "easing," it is difficult for the market to rise.Raymond Huang expects that interest rates will continue to decline over the next year to year and a half, which will have a significant impact on crypto assets as a fringe asset.

ChainCatcher news, DWF Labs co-founder Andrei Grachev posted on social media: "Don't worry, the crypto market is fixing itself."

According to ChainCatcher news reported by The Block, Deutsche Bank will provide Keyrock with multi-currency accounts and foreign exchange services, enabling the digital asset company to optimize and expand its market-making and over-the-counter trading services. By integrating services into a single entity, Keyrock can reduce its counterparty and settlement risks, allowing Keyrock to expand its business in Europe, the Middle East and Africa (EMEA), Asia-Pacific (APAC), and Latin America (LATAM).

ChainCatcher news, a16z partner Chris Dixon emphasized the importance of further clarifying regulations by the U.S. government during a discussion on stablecoin regulation. He pointed out that the cryptocurrency market has overcome many technical barriers but still faces two main challenges: infrastructure and policy clarity. While some analysts believe that large investors are not interested in application-layer startups, Dixon disagreed with this view. He noted that at least half of a16z's investments in the past few years have been concentrated in the application layer. However, these startups often struggle to realize their visions due to concerns about legal disputes in the next five years.Dixon believes that with new entrepreneurs and new ideas emerging in the digital asset space, a true revival and development of the industry is possible. Although the infrastructure is in place, the lack of regulatory transparency hinders further progress in the industry. He advocates that regulatory policies should prioritize transparency, providing a clear path for legitimate participants while cracking down on fraud and other malicious activities. This is crucial not only for consumers but also for the healthy development of the industry; otherwise, issues similar to FTX may arise again.

ChainCatcher news, according to The Block, JPMorgan analysts have pointed out several key factors that may affect the cryptocurrency market in the coming months, mentioning technologies, geopolitical issues, and structural events that could drive price volatility. In a research report released on Monday, analysts discussed the seasonal "Uptober" trend, the Federal Reserve's interest rate cuts, the approval of Bitcoin ETF options, and the upcoming Ethereum upgrade known as Pectra.One key conclusion of the report is that October has historically shown strong performance, often referred to as "Uptober," with over 70% of Octobers yielding positive returns for Bitcoin. The analysts wrote, "Although past performance is not indicative of future results, we believe the popularity of 'Uptober' could influence behavior and lead to positive Bitcoin performance this October." Despite the recent interest rate cuts by the Federal Reserve, the analysts noted that the broader cryptocurrency market has yet to see the anticipated positive effects; while a rate-cutting environment typically supports risk assets, the correlation between total cryptocurrency market capitalization and the federal funds rate remains weak at 0.46. Since the Fed's rate cut on September 18, we have not seen a significant rise in cryptocurrency prices due to the cuts, and the market may be waiting for more sustained stability before making a decisive shift.Additionally, the analysts acknowledged that it is difficult to accurately predict how cryptocurrencies will respond to interest rate cycles due to a lack of historical data. Another potential catalyst is the recently approved spot Bitcoin ETF options trading. The analysts expect this could deepen market liquidity and attract new participants. This development could initiate a positive feedback loop, enhancing market structure and making digital assets more accessible to institutional investors. The upcoming Ethereum upgrade, referred to as "Pectra," is also seen as a significant development.The analysts stated, "While Pectra is expected to have a transformative impact on Ethereum's functionality, we believe this upgrade is more structural than a direct price catalyst. The long-term impact of Pectra will be to improve Ethereum's operational efficiency and adoption rates, but it is unlikely to trigger a short-term surge in Ether prices."The analysts concluded that the cryptocurrency market is currently in a wait-and-see mode, looking for clearer macroeconomic or structural catalysts to drive sustained growth. They stated, "We continue to see the crypto ecosystem becoming increasingly sensitive to macro factors, so we are waiting for the next major catalyst to drive the ecosystem's development and enhance retail participation for long-term growth."

ChainCatcher news, according to Cointelegraph, cryptocurrency research company Santiment's market director Brian Quinlavin stated in a blog post that when five major "panic" words are frequently used on social media, it may indicate that the cryptocurrency market has bottomed out.These words are "FUD," "sell," "death," "crash," and "liquidation." Taking a "contrarian" approach to social media sentiment is often the right decision.

ChainCatcher news, according to Bitcoin.com, the CEO of blockchain analytics firm Cryptoquant, Ki Young Ju, shared his predictions for the crypto market on the social media platform X on Friday. Ki Young Ju believes that the return of Binance founder and former CEO Changpeng Zhao after serving his sentence will have a ripple effect on the cryptocurrency market. Before Zhao was released from U.S. custody on Friday local time, he wrote: "Changpeng Zhao (CZ) is out early today------there's a bullish atmosphere everywhere. I don't know why, but I feel it too. He just needs to post 'I'm back' and the market will soar."In another post on X, Ki Young Ju discussed Zhao's influence in the cryptocurrency space, emphasizing that "outstanding figures like Zhao often become scapegoats when the industry fails to meet expectations." He commented, "Society always sees the most influential figures as the culprits," while acknowledging that the industry's challenges are caused by various factors. He further pointed out that although the crypto market has absorbed massive capital, its intrinsic value has not increased correspondingly, largely attributing this disconnect to challenges such as crime and industry immaturity.It is reported that former Binance leader and co-founder Changpeng Zhao (CZ) has been released two days earlier than originally planned.

ChainCatcher news, according to Bitcoin.com, the CEO of blockchain analytics firm Cryptoquant, Ki Young Ju, shared his predictions for the crypto market on the social media platform X on Friday. Ki Young Ju believes that the return of Binance founder and former CEO Changpeng Zhao after serving his sentence will have a ripple effect on the cryptocurrency market. Before Zhao was released from U.S. custody on Friday local time, he wrote: "Changpeng Zhao (CZ) is out early today------there's a bullish atmosphere everywhere. I don't know why, but I have this feeling too. He just needs to post 'I'm back' and the market will soar."In another post on X, Ki Young Ju discussed Zhao's influence in the cryptocurrency space, emphasizing that "outstanding figures like Zhao often become scapegoats when the industry fails to meet expectations." He commented, "Society always views the most influential figures as the culprits," while acknowledging that the industry's challenges are caused by multiple factors. He further pointed out that although the crypto market has absorbed massive capital, its intrinsic value has not increased correspondingly, attributing this disconnect largely to challenges such as crime and industry immaturity.Earlier news reported that former Binance leader and co-founder Changpeng Zhao (CZ) has been released, two days earlier than originally planned.

ChainCatcher news, the Federal Reserve announced after the FOMC meeting that the target range for the federal funds rate has been lowered from 5.25% to 5.50% to 4.75% to 5.0%, a decrease of 50 basis points.In response, HashKey Group Chief Analyst Jeffrey Ding stated: The darkness before dawn has passed, and a new wave of market momentum has begun. The Federal Reserve's 50 basis point rate cut signifies its clear concerns about the current economic environment, necessitating a more substantial initiation of the rate-cutting cycle. Recently, the global economy has faced liquidity challenges, and this rate cut decision has injected new vitality into the global financial markets.Bitcoin, as the "digital gold" of the new era, has performed strongly against this backdrop, briefly breaking above $62,000. However, it is not just Bitcoin that benefits; the entire cryptocurrency market is expected to experience a new wave of momentum under the loose monetary policy. It is important to note that, unlike traditional markets, Bitcoin's performance is more influenced by the liquidity of the dollar rather than changes in the U.S. economic outlook. This means that in the future loose monetary environment, Bitcoin may continue to be the preferred asset for investors seeking to hedge against inflation and seek safe havens.As the rate-cutting cycle continues, the cryptocurrency market may enter a longer period of upward momentum. Market volatility still exists, but this round of cryptocurrency trends may attract more funds and innovation into the field, pushing the entire crypto ecosystem into a new stage of development.