Despite conducting only 11 enforcement actions in 2024 (down from 30 actions in 2023 and 21 actions in 2022), the SEC’s average fine for the year reached a record high of $426 million, according to the report. This increase underscores the SEC’s shift toward fewer but larger fines, with the goal of bringing high-impact enforcement...

HTX traded $1.81 billion worth of cryptocurrencies in 24 hours, beating Coinbase’s $1.58 billion.

Mean reversion levels suggest that the on-chain reversion level near $46,000 could serve as a last chance, with ARK defining its overall stance as “bearish.” “Currently, bitcoin’s most important price supports are at $52,000 and $46,000, the latter confirmed by its on-chain mean, the red line on the chart,” accompanying commentary confirms. Bring in the...

A lower number of deposit addresses could indicate several factors. One possibility is that investors are holding onto their Bitcoin, anticipating future price increases. Another explanation could be a shift in trading activity towards other cryptocurrencies or derivatives markets. Mixed Signals for Bitcoin While a decline in depositing addresses may seem positive for Bitcoin’s price,...

Dynamic Exposure to Bitcoin and USD Coin The DDA Bitcoin Macro ETP tracks the Compass FT DDA Bitcoin Macro Allocation Index, which employs a quantitative model to assess real-time macroeconomic factors and determine the optimal allocation between Bitcoin (BTC) and USD Coin (USDC), a stablecoin pegged to the U.S. dollar. The index’s quantitative model analyzes...

“The previous two chopfests both ended with new highs in the third week of October,”Jelle noted. “We’d be about a month away from new all-time highs if this time plays out the same.” This forecast aligns with what is expected to be a monumental catalyst: the US presidential election, which is expected to bring new...