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Bitcoin dominance is surging, driven by demand for BTC ETFs, weakening prospects for altcoin season as the 2024 U.S. election nears.
ETH's 7% rise shows bullish momentum, yet whale hesitation signals mixed sentiment. A major exchange outflow indicates long-term confidence.
Solana (SOL) has risen by 14.29% in the past month. Bullish indicators remain, but low trend strength and resistance levels may limit gains.
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Option premiums and estimated daily volatility for bitcoin are projected to rise significantly around Nov. 6-8
With November 5 approaching, Bitfinex analysts suggested that election-driven momentum, strong technical indicators, and elevated derivatives positioning point to an improving price outlook for bitcoin.However, they cautioned that short-term volatility is likely in the days following the election as markets react to the results and the potential for shifting macroeconomic conditions.
- 14:26US Republican Senator Predicts Senate Will Vote on the "Big and Beautiful" Bill on the 30thAccording to a report by Jinse Finance, citing CCTV News, U.S. Republican Senator Katie Britt predicted on June 29 local time that the Senate would hold a final vote on June 30 on the large-scale tax and spending bill that former President Trump has called "big and beautiful." Previously, late on the night of the 28th, the Senate narrowly passed a procedural vote to advance the bill by a margin of 51 to 49. Senate Democrats employed a significant delaying tactic, forcing clerks to spend about 10 to 15 hours reading the entire bill aloud in the Senate chamber, starting at 11:08 p.m. Eastern Time on the 28th. It is reported that after the reading is completed, the bill will be debated, and Britt predicts that the debate will begin after 3:00 p.m. Eastern Time on the 29th.
- 14:12DeLorean Accepts DMC Token Pre-orders for Future Model Production Quotas and Waives Royalty Fees SimultaneouslyChainCatcher reports that, according to official sources, DeLorean has announced that its on-chain vehicle reservation system and marketplace now support the purchase of future vehicle production quotas using DMC tokens, with the relevant payment channels now officially enabled. This solution explicitly waives royalty fees generated by DMC transactions, enabling zero-cost on-chain production quota confirmation. According to RootData market data, DeLorean Labs token (DMC) has surged 40.62% in the past 24 hours and is currently trading at 0.006598 USD.
- 13:50Base co-founder hints at possible launch of an appOdaily Planet Daily News: Base co-founder Jesse Pollak posted on X, stating that "TBA stands for The (Big) Beautiful App." Typically, TBA refers to "To Be Announced," meaning a new product or news is about to be released. Previously, Jesse Pollak held a poll proposing to announce the news on July 16.