ChainCatcher news, the series of data released recently has paved the way for a "soft landing" of the U.S. economy. With only 2 weeks left until the U.S. election, the market is pricing in the prospects of a Trump victory, and global financial markets are generally on the rise.According to 4E monitoring, the Dow Jones Industrial Average rose by 0.96% last week, the S&P 500 rose by 0.85%, and the Nasdaq rose by 0.80%. All three major U.S. stock indices have risen for six consecutive weeks, with the S&P and Dow setting records for the longest weekly winning streak this year. The cryptocurrency market is replicating the upward trend that historically begins in late October. As of the time of writing, Bitcoin is priced at $69,198, just a step away from the $70,000 mark, with a weekly increase of 10.41%. Ethereum is priced at $2,741, with a weekly increase of 11.95%.In the foreign exchange market, the U.S. dollar index fell after consecutive gains last Friday but still maintained above the 103 mark, with a weekly increase of about 0.6% and three consecutive weeks of gains. The intensifying U.S. election and expectations for more monetary policy easing have propelled spot gold to set new historical highs for two consecutive days last Thursday and Friday, with a weekly increase of about 2.4%. Silver rose about 7% for the week, reaching nearly a twelve-year high. The oil market performed poorly last week due to concerns about global demand prospects and the U.S. pushing for a ceasefire in Gaza, with U.S. oil falling over 8% for the week, ending a two-week winning streak, while Brent crude fell nearly 7%.The global economy is welcoming unexpected good news, and market optimism is becoming evident. However, as the U.S. election enters a critical phase, political uncertainty still exists. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and foreign exchange. Recently, it launched a USDT stablecoin wealth management product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher message, according to @ai_9684xtpa's monitoring, a certain smart money has made a profit of 2.65 million USD by buying low and selling high on GNON, with a return rate of up to 400 times.The address spent 44.6 SOL (6685 USD) two days ago to build a position of 25.45 million tokens at an average price of 0.000263 USD, has sold 57% of its holdings during the rise, and still holds 11 million tokens.

ChainCatcher news, the Growth Lead Intern of Monad posted on platform X that the probability curve of Trump winning on Polymarket is highly positively correlated with the price trend of Bitcoin.

ChainCatcher news, according to Cointelegraph, Bitcoin accounted for 53% of the total cryptocurrency market capitalization in the third quarter, a quarter-over-quarter increase of 2.7%, marking the largest share since April 2021.

ChainCatcher news, according to data from IntoTheBlock, the total amount of high-risk loans (defined as loans with a liquidation price within 5%) rose to $55 million on Wednesday, reaching the highest level since June 2022. Loans within a 5% liquidation price mean that if the collateral price drops by 5%, it will no longer cover the loan, triggering a liquidation.IntoTheBlock stated in a market update: "Massive liquidations could affect the value of collateral, putting more loans at risk of liquidation, leading to a price spiral decline."

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.

ChainCatcher news, QCP released a daily report stating that Bitcoin rose by 2.20% last night, briefly rebounding to the $68,000 mark driven by strong spot demand, and then stabilizing in the $67,000 range. During the U.S. trading session, there was a significant amount of buying in long-term options expiring on March 28, with 600 contracts at a strike price of $120,000.This indicates that optimistic long-term buyers are returning in this rebound. Yesterday, Bitcoin ETFs saw an increase of $456 million, continuing four days of net inflows. These strong and growing capital inflows may be a leading indicator for BTC to challenge its historical high of $73,790 again.Although the U.S. election is the next key catalyst for Bitcoin and cryptocurrencies, there remains uncertainty in the market regarding Bitcoin's trajectory post-election. The trading price of options expiring close to the election is at a premium of 10% compared to other expiring options. As everyone focuses on the election, any changes in polling or candidate campaign narratives will be amplified in the spot prices.

ChainCatcher news, Nvidia (NVDA.O) once rose nearly 4%, reaching an intraday all-time high of $140.89.

ChainCatcher news, according to Decrypt, WazirX plans to submit over 240,000 wallet addresses and balances to the Singapore High Court during its debt restructuring, aiming to enhance transparency and restore user trust.Previously, the exchange had frozen user funds due to a $230 million network attack in July and suspended most cryptocurrency withdrawal services. WazirX is currently undergoing legal restructuring and is working to restore user access and return funds.

ChainCatcher news, according to the prediction website Polymarket data, the probability of Trump winning the U.S. presidential election has risen to 61.3%, a record high, while the probability of Vice President Harris being elected is 38.7%.

ChainCatcher news, according to 4E monitoring, on Wednesday, all three major U.S. stock indexes rose, with the S&P 500 up 0.47%, the Dow Jones up 0.79% hitting a new high, and the tech-heavy Nasdaq up 0.28% lagging behind due to concerns over ASML's disappointing earnings. AI concept stocks had mixed results, with Nvidia closing up 3.13% nearing its peak. The sentiment in the crypto market remains high, with Bitcoin slightly retreating after breaking above $68,000 for the first time since July; as of the time of writing, Bitcoin is up 0.26% at $67,520, while Ethereum is down 0.15% at $2,622.In the forex market, the "Trump trade" reignited, pushing the dollar index up over 0.2% to a ten-week high. The yen has been continuously declining recently, and weaker inflation data from Europe and the UK has bolstered expectations for interest rate cuts by the Bank of England in November and the European Central Bank this Thursday. The pound has fallen to its lowest level in two months, and the euro has dropped to its lowest in ten weeks. Concerns over oil supply disruptions in the Middle East have eased, leading to a continued decline in oil prices, which have retraced most of the gains made after Iran launched ballistic missiles at Israel earlier this month. Expectations for global central bank rate cuts have increased, supporting spot gold, which rose over 0.4% on Wednesday, nearing historical highs.Expectations for slight rate cuts from major global central banks have warmed, with traders currently estimating a roughly 94% chance of a 25 basis point rate cut by the Federal Reserve in November. The market is focused on the retail sales data for September to look for clues on rate cuts. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, spot gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

ChainCatcher news, according to Coinglass data, the total open positions of Bitcoin contracts across the network have exceeded 39 billion USD, currently reported at 39.409 billion USD, setting a new historical high.In the past 24 hours, the increase in total open positions across the network has reached 4.64%.

ChainCatcher news, according to a report from The Block, a research report released by a16z crypto on Wednesday pointed out that the number of active cryptocurrency addresses and usage rates reached an all-time high this year. The report estimates that as of September, there are approximately 617 million cryptocurrency holders worldwide, with 60 million monthly active users.In 2024, the number of monthly active cryptocurrency addresses is expected to rise to over 220 million, with Base leading the Ethereum EVM chain, having 22 million addresses, while Solana dominates the non-EVM chain with over 100 million addresses. This year also saw the highest number of mobile wallet users, with the United States accounting for 12% of global users.

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, K33 Research senior analyst Vetle Lunde stated that the CME Bitcoin futures open interest reached a nominal all-time high yesterday, totaling 172,430 BTC. With the significant increase in open interest, the futures premium has risen to a 5-month high.The analyst believes that the growth in open interest is driven by active/direct market participants, rather than inflows from futures-based ETFs.

ChainCatcher message, regarding this morning's news that "Tesla has transferred Bitcoin for the first time in two years, moving $770 million worth of Bitcoin to multiple new addresses," CryptoQuant CEO Ki Young Ju stated that even if Tesla chooses to sell these Bitcoins, the impact would only be slightly higher than half of the German government's.The actual profit of the German government is $816 million, while Tesla's as of today is $515 million.

ChainCatcher news, according to The Block, Japanese listed company Metaplanet has transferred its Bitcoin put options disclosed on October 3, adjusting the strike price from $62,000 to $66,000, as the company remains optimistic about the outlook for the largest cryptocurrency. A roll of options is a strategy where investors close existing options positions while opening new positions in the same options at a higher strike price. Essentially, this is a way to increase the strike price of options positions.Metaplanet announced on Wednesday that the transaction aims to replace the existing Bitcoin put options with new options at the updated strike price, while maintaining December 27 as the expiration date. Metaplanet CEO Simon Gerovich wrote in an X post: "This increases the nominal yield of our options sales and generates an additional ¥57.9 million in premiums, bringing total premium income to ¥272.5 million, which will be included in this year's revenue." The company noted that the margin collateral remains unchanged at approximately $13.8 million, sourced from the proceeds of its stock options exercise.Specifically, the transaction executed by Metaplanet includes repurchasing 223 Bitcoin put options with a strike price of $62,000 while selling the same number of put options at the higher strike price of $66,000. The company stated: "This adjustment has increased the company's nominal yield by 2.65%, reaching 13.40%," and added that it received a total premium of 5.9 BTC.

ChainCatcher news, in the context of a sluggish altcoin market, as cryptocurrency prices continue to rise, Bitcoin's market share has reached its highest level since April 2021. TradingView data shows that early this morning, Bitcoin's dominance hit a three-and-a-half-year high of 58.77%, while the price of Bitcoin also set a new ten-week high of $67,800.

ChainCatcher message, according to the Kaiko Research report, since the implementation of the EU's Markets in Crypto-Assets (MiCA) regulation, MiCA-compliant stablecoins (such as Circle's EURC and Société Générale's EURCV) have reached a market share of 67% in the euro stablecoin market, a record high.The report notes that this change is primarily driven by Coinbase, which surpassed Binance in August to become the leading platform for euro stablecoin trading. Despite the market structure adjustment, the weekly trading volume of euro stablecoins remains around $30 million, down from $100 million in March.Additionally, the report mentions the impact of the MiCA regulation on dollar stablecoins, with Coinbase planning to delist non-compliant stablecoins like USDT for European users by December 30, 2024, which may benefit MiCA-compliant USDC.