Bitcoin retreats below $37,000, 24-hour gain narrows to 1.1%
According to OKX market data on November 23, Bitcoin fell below $37,000 and is currently priced at $36,992, with a 24-hour gain narrowed to 1.1%.
BTC options contracts with a notional value of $4.04 billion and ETH options contracts with a nominal value of $2.48 billion are about to expire
Deribit option data: BTC put/call ratio is 0.82, with a maximum pain point of $33,000 and a nominal value of $4.04 billion. ETH put/call ratio is 0.71, with a maximum pain point of $1,700 and a nominal value of $2.48 billion. The options will expire at 8 am UTC tomorrow.
A single transaction occurred on the Bitcoin network with a fee of 83 BTC, equivalent to approximately US$3.15 million.
On November 23rd, Whale Alert detected a single transaction on the Bitcoin network with a fee of 83 BTC, equivalent to $3.15 million.
Du Jun: If the DA layer of the sovereign Rollups L2 expansion plan is Bitcoin, the transaction confirmation time "will have to wait for more than 5 minutes."
Du Jun, CEO and executive director of New Fire Technology, posted on social media that for Layer2 expansion plans similar to Sovereign Rollups, if the DA layer is Bitcoin, it takes more than 5 minutes from transaction initiation to DA layer confirmation. This is unacceptable for transactions and businesses that are sensitive to transaction delays, such as those using real-time data such as coin prices. Therefore, even if Sovereign Rollups achieves the separation of DA and Settlement, there are still many limitations in business scalability and universality.
The proportion of BTC circulating supply that has not been active on the chain for at least one year reached 70.35%, a record high
According to blockchain analysis company Glassnode, the proportion of Bitcoin circulation supply that has not been active on-chain for at least a year has reached a record high of 70.35%, surpassing the previous peak of 69.35% in July.
After CZ resigned, the Bitcoin wallet balance on Binance exchange did not fluctuate significantly, with only a decrease of 1117.04 BTC in the past 24 hours.
More than $1 billion of funds had flowed out of the exchange since Nansen disclosed that he had resigned as CEO of Binance. However, according to the latest data from Coinglass, the balance of Bitcoin wallets on Binance exchange has not fluctuated significantly. In the past 24 hours, the balance of Bitcoin wallets on Binance exchange has only decreased by 1,117.04 BTC, and the current wallet balance is 515,434.78 BTC, which is still the largest among cryptocurrency exchanges.
An unknown address transferred 816 BTC to Gemini, worth US$30.52 million.
According to Whale Alert monitoring, an unknown address transferred 816 BTC worth $30.52 million to Gemini.
Brazilian crypto-friendly bank Nubank adds five new altcoins to app
Brazilian neobank Nubank has added trading functionality for five additional altcoins within its banking application. As reported by Brazilian media outlet Livecoins, the bank added support for Polkadot (DOT), Avalanche (AVAX), Stellar Lumens (XLM), Arbitrum (ARB), and Optimism (OP) on November 22. The bank launched cryptocurrency trading functionality on its banking application in May 2022, providing access to Bitcoin (BTC) and Ethereum (ETH) for its banking customers.
Bitcoin developer Rijndael joins Taproot Wizards as CTO
Bitcoin developer Rijndael (@rot13maxi) announced that he will join the Bitcoin Ordinals project Taproot Wizards as CTO. Rijndael has focused on distributed systems, infrastructure, and applied cryptography for the past 15 years and has served as the technical lead for Amazon's NFT project. In recent years, he has turned to the Bitcoin field and focused on developing self-custody tools for Bitkey (a new Bitcoin wallet launched by Block).
Transfer 1,000 BTC to Coinbase
According to Whale Alert monitoring, 1000 BTC (about $36,618,213) has been transferred from an unknown wallet to Coinbase.
