Options volumes as a % of overall derivatives market keeps growing. The 7 day moving average reached 3% of the overall derivatives total market activity, a new all time high — link

Caroline Ellison's to-do list included “getting regulators to crack down on Binance” — link

Bitcoin long-term balances as a percent of total supply reached their highest since 2010 — link

Poor security practices at Alameda Research caused the company to lose hundreds of millions of dollars — link

U.S. CPI in 30 mins

Forecast:

CPI y/y: 3.6%
CPI m/m: 0.3%

Core CPI y/y: 4.1%
Core CPI m/m: 0.3%

Please note: CPI bot is still in the test mode.

U.S. CPI 3.7%

CPI y/y: 3.7%
CPI m/m: 0.4%

Core y/y: 4.1%
Core m/m: 0.3%

Transactions on the Lightning Network have increased by more than 1212% in 2 years — link

CFTC sues crypto platform Voyager co-founder Stephen Ehrlich

A complete timeline of FTX: From Alameda's spiraling debt to its dramatic implosion — link

While BTC 60-day correlation with risk assets has been moving upwards, it is way below its 2022 average of over 50%.

In fact, BTC showed remarkable resilience to surging borrowing costs and growing macro uncertainty in September, outperforming the S&P 500 and the Nasdaq 100.

Tether promotes Paolo Ardoino to CEO role — link

SEC has until midnight tonight to appeal the Grayscale decision — link

GBTC discount has resumed its narrowing and sits at 16.5%. In mid-June, when BlackRock filed for spot Bitcoin ETF, the discount was 43% — link

SEC will not be appealing court decision on Grayscale Bitcoin ETF: Source familiar

Australia proposes crypto exchange regulation with existing laws — link

Digital asset investment products saw inflows for the 3rd consecutive week totalling $15m, although trading volumes remain 27% below the 2023 average — link

SEC approves iShares Bitcoin spot ETF

Binance to stop accepting new U.K. users to comply with ad rules — link

The Turkish Lira has emerged as the most popular fiat trading pair on Binance. Its market share has risen from 9% in early 2021 to an all-time high of 81% in August before retreating slightly in October.

Euro remains the second largest fiat currency on Binance by market share.