David Lawant, head of research at cryptocurrency prime broker FalconX, wrote in a note that bitcoin's near-term price volatility remains "the most likely scenario" until a "bullishtrajectory" in Quarter 1 2025. "As we move into the final days of the year, the low-liquidity environment is likely to bring more volatility, especially as BTC could see its largest option expiration event in history on December 27," Lawant said.
David Lawant, head of research at cryptocurrency prime broker FalconX, said: "As the price approaches the $100,000 mark, the sell-side bias intensifies, which means there is likely to be a consolidation near this level [$100,000] in the short term before it continues to break through." At the market level, traders have seized on the prospect of US cryptocurrencies to push bitcoin to the brink of $100,000, a symbolic level for cryptocurrency proponents to counter sceptics who believe digital asse...
According to on-chain data analyst Ember Monitoring, Blast allocated 220 million BLAST to six market makers for market making, including: 80 million → Wintermute; 50 million → Manifold Trading; 30 million → GSR Markets; 20 million → Auros Global; 20 million Amber.