ChainCatcher news, according to Bloomberg, Galaxy Digital's research director Alex Thorn stated that the listing of options for BlackRock's $43 billion IBIT could reduce volatility and increase the base of Bitcoin investors.Thorn said in an interview on Tuesday, "Over time, as it is held more widely, volatility will decrease, and options will help to suppress volatility. As volatility decreases, people can hold larger positions." Nasdaq began offering options trading for the ETF for the first time on Tuesday. Thorn mentioned that if volatility decreases, more investors will view Bitcoin as a fundamental use case rather than just a high-risk bet.He stated that options would allow institutions to hedge more against Bitcoin and increase liquidity, while also impacting retail trading during bull markets. He added that the crypto industry must also figure out how to maintain control as traditional finance enters the space.

ChainCatcher message, according to Alternative data, today's Fear and Greed Index is 86, still rated as Extreme Greed.It is reported that the Fear Index threshold ranges from 0 to 100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).

ChainCatcher news, according to the BitVol (Bitcoin Volatility) index launched by the financial index company T3 Index in collaboration with the options trading platform LedgerX, the Bitcoin volatility index rose to 62.32 yesterday, with a daily increase of 8.18%.

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that Bitcoin is surging, hitting nearly $90,000 today. A month ago, this seemed like a distant target, and now $100,000 is already within reach. In the past two days, stimulated by the major market movements, the implied volatility across major maturities has seen a slight increase, with short-term IV rising significantly, but still much lower compared to the election period.From the options market perspective, there is a clear market divergence, with trading being very scattered. Some large players are bullish towards the sky, while more traders are currently in a state of missing out.

ChainCatcher news, according to the Korea Economic Daily, South Korean financial regulators will strengthen their monitoring of the market, particularly focusing on stocks related to Donald Trump and the increasing volatility in the cryptocurrency sector. This decision was made following the recent election results in the United States and the latest Federal Open Market Committee (FOMC) statement from the Federal Reserve. At a meeting on November 8, the Financial Supervisory Service (FSS) Commissioner Lee Bok-hyun emphasized that strict measures should be taken against market manipulation and the spreading of unfounded rumors if there is evidence to support it.

ChainCatcher news, Greeks.live reported that the election market is rapidly cooling down. Despite significant increases in Bitcoin and Ethereum, and an optimistic sentiment in the cryptocurrency market, the options market is clearly ending profit-taking.The implied volatility of Bitcoin's end-of-month options has fallen below 50%, with implied volatility across all major indicators significantly declining. Ethereum has benefited from today's substantial rise, with a smaller pullback compared to Bitcoin.Whales have begun to position themselves for the year-end market and even the spring market next year. Today's Bitcoin block trade volume reached $1.2 billion, while Ethereum block trade volume reached $600 million, primarily consisting of sell options, which is also the main driver behind today's sharp decline in implied volatility.Recent blockchain movements are worth noting, as whales have started to take action.

ChainCatcher news, Matrixport released a daily chart report, indicating that Bitcoin experienced a slight sell-off at the critical moment of the election, with the Greed and Fear Index retreating from the overbought "Greed" zone to a more balanced level, creating conditions for subsequent increases.As the results of the U.S. presidential election become clearer, the market is expected to welcome a year-end rally in risk appetite. With the election situation being tight and volatility continuing to rise, once volatility decreases, traders will be in a better position to increase their positions.Against the backdrop of strengthening upward momentum in Bitcoin, the Greed and Fear Index is also expected to rise further.

ChainCatcher news, HashKey Global Ben stated: "BTC has broken through $75,000 after months of consolidation and decline. Looking back at history, October and November are often the two months with the best returns of the year, and today's price breakthrough is also expected by the industry. The market may be very lively in the coming days, not only with the heated U.S. elections, the Federal Reserve's interest rate decision on November 6, but also the U.S. employment report on November 8.However, it is important to clarify that regardless of which president is elected, whether Democrat or Republican, they objectively need to strive for votes, but more importantly, they need to achieve a historical contribution to leading the Web3 technology revolution. Therefore, no matter who becomes the President of the United States in the future, it will ultimately be a positive for Web3. It is foreseeable that the volatility and opportunities belonging to Web3 have just begun."

ChainCatcher news, according to Cointelegraph, Bitfinex analysts stated, "Although the market generally expects increased volatility before the U.S. elections on November 5, many market participants seem hesitant and have adopted a wait-and-see attitude. However, significant volatility is still expected in the short term after the elections, which could 'drive major movements,' or if it does not occur, it may be a warning sign of a 'deeper correction' for Bitcoin in a shorter time frame."

ChainCatcher news, Bitcoin speculators are preparing for potential market volatility following the U.S. election day. Since the global market crash in August, Bitcoin's 30-day implied volatility index has reached its highest level. This index is compiled by CF Benchmarks Ltd. and is derived from CME Bitcoin options pricing.Caroline Mauron, co-founder of crypto derivatives trading liquidity provider Orbit Markets, stated that the options market indicates an expected volatility of about 8% for the day after the vote, while normal volatility typically hovers around 2%. She added, "After November 7, there is no significant volatility premium in the market, suggesting that the market expects election results to be announced quickly. Given that polls show such a tight race, this could be an optimistic prediction."According to a report from crypto derivatives trading platform Derive.xyz, Bitcoin's put and call options were evenly distributed throughout October, indicating that speculators are preparing for both upward and downward movements ahead of the U.S. election. Additionally, data from Deribit suggests that in the weeks following the election, Bitcoin's trading range could be between $60,000 and $80,000 based on the peak open interest positions of put and call options.

ChainCatcher news, Matrixport released a chart stating that as the U.S. presidential election approaches, market traders' anxiety has increased, but BTC remains in a neutral zone. Currently, Bitcoin's 21-day Relative Strength Index (RSI) has dropped to 56%, well below the 70% overbought threshold, indicating that Bitcoin is neither overbought nor oversold.Since a neutral RSI typically suggests that traders are less impacted by market fluctuations, a neutral RSI implies that Bitcoin's risk premium (including high implied volatility) may decrease after the election.This stands in stark contrast to the bear market decline when the RSI value reached 80% in March, while a significant rebound occurred in July and August when the RSI was only 25%. Considering this situation, selling volatility this week seems to be a potentially attractive strategy.

ChainCatcher news, Piper Sandler & Co. options chief Daniel Kirsch stated: "We continue to see interest in U.S. election trading, which has picked up in recent days. Clients expecting Trump to win the election are increasing their exposure to financial and cryptocurrency stocks, while those betting on Harris are buying options on renewable energy stocks. Hedging has also increased, with traders buying put options on the S&P 500 index and QQQ ETF."Short-term S&P 500 implied volatility has remained elevated relative to the one-month level, as the impacts of the election and Federal Reserve rate hikes have permeated the calculations of short-term indicators. The Cboe VVIX index, which measures VIX volatility, is also at a high level.Penn Mutual Asset Management portfolio manager Zhiwei Ren commented: "Currently, the options skew is significant, with VIX far above actual volatility. These signs indicate that market hedging measures are in place."

ChainCatcher news, according to Bloomberg, just before the fiercely competitive and hard-to-predict U.S. elections, options traders across various markets seem to be reducing risk in preparation for more volatility. Although market fluctuations are not significant, the volatility of stock options has been rising for most of October, as the market is not only anticipating the upcoming elections but also looking forward to the earnings season and the Federal Reserve's interest rate decisions. In the final days before the vote, the competition between Kamala Harris and Donald Trump is unpredictable.

ChainCatcher news, QCP Capital released a weekend summary report, which pointed out that Thursday's core PCE data was slightly higher than expected, while Friday's non-farm payroll data unexpectedly declined, leading to a rebound in the dollar index, recovering to the 104 level. This week, the net inflow of BTC exceeded $2.1 billion. BlackRock's IBIT saw a single-day net inflow of $872 million, the largest single-day net inflow since its launch in January.Although Bitcoin fell below $69,000 on Friday, market interest remains strong, with total open interest in BTC futures and BTC options maintaining high levels of $40.65 billion and $25.3 billion, respectively. While Trump is favored to become the next U.S. president, the betting rate on Trump has significantly dropped from a high of 66% on Polymarket to 57% and 43%. In the upcoming election week, the short-term implied volatility of BTC and ETH remains high (above 72 volatility units), as traders increase their efforts for downside protection, causing the skew of put options to rise continuously.

ChainCatcher news, according to Forbes, data shows that the volatility of some major tech stocks has exceeded that of Bitcoin. Tesla's stock leads the volatility chart with a 24% volatility rate, followed by AMD at 16% and Nvidia at 12%, all surpassing Bitcoin's range of 11%.However, some tech giants' stock volatilities are also lower than Bitcoin's. For instance, Intel's price volatility is at 9%, while Meta and Microsoft's price volatility remains around 8%. Amazon's volatility is at 7%, Google's at 6%, and Apple's stock is the most stable, with a volatility slightly below 6% in October.

ChainCatcher news, FalconX research director David Lawant pointed out in a market report that if the suspense of the U.S. election is too great, the volatility of the crypto market will also rise.Lawan noted that the cryptocurrency market has been "directionless" since April, and once the U.S. election is over, traders will breathe a sigh of relief as this will clear the way for the market. Lawant emphasized that regardless of which party wins the U.S. election on November 5, investors are hoping for a "positive outcome."