ChainCatcher news, according to Ember monitoring, Chainlink has completed its fourth quarter token unlock, with a total of 11.25 million LINK (approximately $258 million) transferred from three non-circulating supply addresses. Among them, 10.625 million LINK (approximately $244 million) were transferred to Binance exchange, and 625,000 LINK (approximately $14.32 million) were sent to the multi-signature address for staking rewards distribution.Data shows that since 2022, Chainlink has transferred approximately 14.5 million LINK (approximately $1.548 billion) to Binance through quarterly unlocks, with an average transfer price of $10.7. It is worth noting that previous large-scale unlocks have not caused significant impacts on LINK's price.

ChainCatcher news, Matrixport released today's chart stating that historically, Bitcoin's performance in December has been mixed, with 6 months recording positive returns and 4 months negative returns, resulting in an increase rate of about 60%. Nevertheless, the average return in December remains robust at 9.6%+. If this trend continues, Bitcoin is expected to challenge the $110,000 level by the end of the year.Seasonal patterns indicate that the fourth quarter is typically the strongest period for market performance, so it is not surprising that the anticipated altcoin rally starts during this phase.

ChainCatcher news, 10x Research has released a Bitcoin price prediction report on the X platform, forecasting that Bitcoin will reach an all-time high in the fourth quarter of 2024. This prediction is based on two active buy signals, indicating a strong bullish trend in the Bitcoin market this quarter.10x Research states that its quantitative strategy model successfully predicted the start of the bull market at the end of 2022 and achieved an accuracy rate of 1% in its price prediction for the 2024 halving, providing a solid foundation for its current optimistic forecast.

ChainCatcher news, VanEck research director Matthew Sigel posted on X that top technical analysts expect Bitcoin to reach $100,000 in the fourth quarter.Laurence Balanco from CLSA stated, "Seasonal and technical factors, along with the increasing likelihood of Trump winning the U.S. election, are preparing for a breakout in Bitcoin and Ethereum."

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that 89,000 BTC options are about to expire, with a Put Call Ratio of 0.64, a maximum pain point of $59,000, and a nominal value of $5.8 billion. 718,000 ETH options are about to expire, with a Put Call Ratio of 0.47, a maximum pain point of $2,500, and a nominal value of $1.9 billion.Adam further analyzed that today is the delivery day for the third quarter, and the cryptocurrency market has experienced a strong rebound over the past three weeks, mainly due to the Federal Reserve's 50 basis point rate cut policy, which has significantly boosted market confidence. As the third quarter comes to an end, historical data shows that the fourth quarter usually performs well. This year's fourth quarter will face the U.S. elections and two anticipated rate cuts, bringing abundant trading opportunities to the market.During the quarterly delivery period, a large amount of position shifting and margin release has led to low implied volatility (IV) across major maturities. With the end of the quarterly delivery, IV still faces downward pressure. Therefore, Adam believes that the next two weeks will be a good time to position for the fourth quarter market.

ChainCatcher news, the Solana ecosystem cross-chain communication protocol Zeus Network announced the launch of the Bitcoin and Solana interaction browser ZeusScan at the Solana Breakpoint conference.In addition, Zeus announced that ZeusNode will be launched in the fourth quarter of 2024. ZeusNode will support interactions between Bitcoin and Solana. In the future, when BTC is introduced to Solana, the ZeusNode infrastructure will be able to support additional BTC standards, allowing multiple operators to bring their BTC to Solana. ZeusNode can read transactions on Bitcoin and other UTXO-based blockchains. ZeusNode will also facilitate interactions between Solana and other blockchains.

ChainCatcher news, Greeks.live researcher Adam tweeted that 20,200 Bitcoin options are about to expire, with a put-call ratio of 0.86, a maximum pain point of $59,000, and a nominal value of $1.28 billion. At the same time, 125,000 Ethereum options will also expire, with a put-call ratio of 0.67, a maximum pain point of $2,350, and a nominal value of $320 million.The Federal Reserve unexpectedly cut interest rates by 50 basis points, greatly boosting market confidence. As the third quarter comes to an end, investors are starting to position themselves for the fourth quarter. Following the rate cut, implied volatility across major maturities has decreased, and the approaching quarterly settlement may exacerbate this trend. Notably, since September, Bitcoin has performed relatively well, while Ethereum has been weaker, with its exchange rate against Bitcoin rebounding at the long-term support level of 0.04. The October market is worth watching.

ChainCatcher news, the derivatives protocol Derive (formerly Lyra) has released a governance proposal for the DRV token economics. The DRV token is planned to be launched in the fourth quarter, with a total supply of 1 billion tokens. LYRA/stkLYRA holders will have a 1:1 claim to DRV tokens, with the amount determined by the balance at the time of the snapshot. DRV will be issued on the Ethereum mainnet, with most being cross-chain claimed on Derive L2, and can be staked as stDRV (only on Derive L2), with only stDRV able to participate in governance.As a reward for staking DRV, stDRV holders will be eligible for rewards. The DAO treasury will allocate up to 1.15 million DRV weekly to the CC multisig for staking rewards, and after 6 months post-TGE, the weekly rewards will decrease to 600,000 DRV. 25% of the protocol's revenue will be used to buy back tokens for the DAO treasury. Additionally, up to 2.5 million DRV will be allocated weekly for various incentive programs for protocol usage (trading/liquidity, etc.).

ChainCatcher news, according to Decrypt, the DePIN project Spacecoin plans to provide high-speed internet services to underdeveloped areas by launching nanosatellites. The project has the support of U.S. military generals, lunar scientists, NASA astronauts, and blockchain industry experts.Spacecoin will utilize blockchain technology to manage data transmission, allowing users to pay network fees with cryptocurrency. The first satellite, CTC-0, is expected to be launched in the fourth quarter of 2024, aiming to establish a global 5G network at a lower cost to help bridge the digital divide.

ChainCatcher news, the Kaia Foundation will launch a joint venture project "Galactica" for the tokenization of vessels with Indonesia's leading shipping company PT. Pelayaran Korindo (hereinafter referred to as Pelayaran Korindo) in early Q4 of this year.Pelayaran Korindo is a comprehensive logistics company based in Indonesia, with global business experience, localized expertise in Southeast Asia, and an extensive network of partners. Galactica aims to leverage tokenization technology to provide an innovative vessel purchasing process, with a particular focus on the Indonesian market, which has high vessel purchasing demand due to its approximately 17,000 islands. Galactica plans to raise funds for vessel purchases through decentralized investments in RWA tokens, thereby optimizing the traditional vessel purchasing process and bringing dual benefits to shipowners and investors.

ChainCatcher message, Greeks.live macro researcher Adam posted on social media that 62,000 BTC options are about to expire, with a Put Call Ratio of 0.59 and a maximum pain point of $61,000, representing a nominal value of $3.66 billion. 530,000 ETH options are about to expire, with a Put Call Ratio of 0.49 and a maximum pain point of $2,800, representing a nominal value of $1.34 billion.Today is the monthly settlement, and the options data clearly shows the weakness of ETH this month, with the monthly maximum pain point and settlement price differing by more than 10%. This month, the mid-to-long-term implied volatility (IV) has increased, while the short-to-mid-term IV has decreased, and currently, the overall decline space for IV seems limited. From historical trading data, September is generally a slightly subdued month, transitioning from weak to strong, and the fourth quarter is expected to be a stronger period for BTC. Recently, we have also seen many whales starting to position for the October market, hoping for a good market in the last four months of this year.

ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that BTC has easily returned to the familiar range of $61,000 to $70,000, with selling supply slowly decreasing. There have been net inflows on 10 out of the past 12 days for spot ETFs. Similar to last night, cryptocurrencies seem to be looking for a narrative to break through this bullish flag that has persisted for months. Despite the significance of next week's Nvidia earnings report and the interest rate cuts in September, spot prices will continue to fluctuate within this range until the fourth quarter. QCP Capital still believes that the U.S. elections and seasonal bullish factors could act as catalysts for reaching new all-time highs.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted data on social media stating that during the last Bitcoin halving cycle, the bull market surge began in the fourth quarter, and the whales will not allow the fourth quarter to perform poorly.

ChainCatcher news, Bloomberg analyst James Seyffart stated that he believes Bitcoin ETF options will be launched in the fourth quarter of this year.