Revolut has completed a private share sale with participation from major 
investment firms. The transaction also allowed employees to sell shares.

Revolut hits $75B valuation following share sale, global push

Bitcoin’s recent price swings have picked up pace, and market watchers say 
that option markets may again be calling the shots. Over the past two months 
volatility has climbed, shifting how traders and investors respond to big 
moves in BTC. Related Reading: $2 Billion Gone In Minutes: Bitcoin Slide 
Shakes Crypto World Volatility Numbers Reignite Focus According to Jeff Park, 
implied volatility had stayed below 80% since US Bitcoin ETFs were approved, 
But it is now creeping back toward about 60%. That rise matters because option 
flows can amplify moves — both up and down — when traders reposition quickly. 
Park pointed to January 2021 as a clear example, when an options-driven surge 
helped push Bitcoin to a cycle high of $69,000 in November of that year. In 
other words, swings driven by derivatives are capable of producing outsized 
trends. Price Drops And Clearing Of Positions Bitcoin tumbled below $85,000 on 
Thursday, a move that helped trigger liquidations and heightened selling 
pressure. Reports have disclosed that some losses are tied to highly leveraged 
positions being forced closed, while other activity appears to come from long- 
term holders taking profits. Analysts at Bitfinex called much of the action 
“actical rebalancing,” saying it does not break long-term adoption or 
fundamentals. Binance CEO Richard Teng is reported to have noted that 
volatility levels are similar across many asset types right now. Derivatives 
And Short-Term Shocks Options positioning can make price action sharper 
because large contracts push traders to hedge or cover quickly, and hedging 
activity often shows up as rapid moves in the spot market. This mechanism was 
important in the 2021 run and may be at work again as implied volatility 
climbs. Traders who watch the volatility surface say early signs of option- 
driven behavior are visible, even if the current readings are nowhere near the 
extremes seen in prior cycles. Fed Betting Adds A Macro Twist Meanwhile, 
according to the CME FedWatch tool, the market now sees a 71% chance of a 
25-basis point cut in December, up from about 30–40% earlier this week. 
Comments from New York Fed President John Williams helped shift those odds by 
suggesting policy could move toward neutral, while other Fed officials were 
quoted by Reuters as taking more cautious stances. A rate cut, if it happens, 
could give risk assets some lift; a no-show might keep volatility elevated. 
Related Reading: Kiyosaki Dumps Bitcoin At $90K After Predicting A $250K 
Moonshot – Here’s Why Markets Watch December For Clues Traders are watching 
December closely for signals that could either calm markets or add fuel to 
them. Short-Term swings will likely persist until traders see clearer 
direction from both macro policy and option desks. Some players will wait for 
volatility to settle; others will trade around it. Featured image from 
Unsplash, chart from TradingView

Bitcoin’s Sudden Volatility Jump Signals Options Could Be Calling The Shots—Analyst

The cryptocurrency has managed to claw its way back to $88K after sinking all 
the way to $80K last week. Bitcoin Gets a Boost from an Unlikely Ally: Google 
The multi-trillion-dollar AI bubble appears to have made Google and bitcoin 
allies of convenience. At a time when AI startups such as Anthropic and OpenAI 
are […]

Google Throws Bitcoin a Lifeline

The investment vehicle tied to XRP launched amid other offerings from 
Grayscale, Bitwise Asset Management and Canary Capital.

XRP jumps 8% as Franklin Templeton, Grayscale ETFs begin trading

Bitmine reported its ethereum holdings have reached 3.63 million tokens, 
bringing its combined crypto and cash reserves to $11.2 billion. Bitmine 
Details Weekly ETH Acquisition and $11.2B Balance Bitmine disclosed its 
ethereum position now stands at 3,629,701 tokens as of Nov. 23, lifting the 
company’s combined crypto and cash total to $11.2 billion. The digital […]

Cryptocurrency price in IDR