*MICROSTRATEGY SHARES EXTENDS DECLINE, NOW DOWN 30%

OPENAI CONSIDERS TAKING ON GOOGLE WITH BROWSER: TI

SOLANA HITS NEW ALL-TIME HIGH AFTER 3 YEARS

DOLLAR INDEX $DXY HITS TWO-YEAR HIGH

CBOE TO LAUNCH THE FIRST CASH-SETTLED OPTIONS PRODUCT RELATED TO SPOT BITCOIN, BEGINNING MONDAY, DECEMBER 2

TRUMP PICKS PRO-CRYPTO SCOTT BESSENT AS TREASURY SECRETARY

MICHAEL SAYLOR HINTS AT ANOTHER BITCOIN PURCHASE, TWEETS "WE NEED MORE GREEN DOTS ON SAYLORTRACKER"

*PREVIOUS SIMILAR TWEETS LED TO ANNOUNCEMENTS OF $4.6B AND $2B BITCOIN PURCHASES THE NEXT DAY

IRAN IS PREPARING TO 'RESPOND' TO ISRAEL, SAYS ADVISER TO SUPREME LEADER: RTRS VIA TASNIM NEWS AGENCY

The Week Ahead | @infinityhedge

Black Friday | Spotify/YT Wrapped

LAST WEEK US SPOT ETFs ~FLOWS:
*BTC: +$3.4B
*ETH: -$70M

Macro:
*FOMC Meeting Minutes on 26
*U.S. October PCE on 27

Crypto:
*MicroStrategy is expected within the next few days to unveil a fresh purchase of BTC using proceeds from a $3B convertible bond sale that closed on Friday [likely today]
*STRK staking launch on Mainnet on 26

Token Unlocks:
$SUI: $230M: 2.4% on Dec. 1
$IMX: $42M: 1.47% on 29
$OP: $71M: 2.5% on 30
$1INCH: $40M: 7.7% on 30
$ZETA: $41M: 10.6% on Dec. 1

What Bloomberg Economics Says:
“Several Fed officials discussing US economic conditions of late have echoed a theme recently introduced by Chair Jerome Powell — a December rate cut isn’t a done deal and the central bank can slow its easing pace given subsiding risks to the economy.”

Earnings/Charts/Articles ⬎

MICROSTRATEGY BOUGHT 55.5k BITCOINS FOR APPROX. $5.4 BILLION IN CASH AT AN AVG. PRICE OF $97,862 PER BITCOIN BETWEEN NOVEMBER 18 AND NOVEMBER 24, 2024

*AS OF NOVEMBER 24, 2024, MICROSTRATEGY HOLDS 386,700 BITCOINS, WHICH WERE ACQUIRED AT AN AGGREGATE PURCHASE PRICE OF APPROXIMATELY $21.9 BILLION AND AN AVERAGE PURCHASE PRICE OF APPROXIMATELY $56,761 PER BITCOIN

PUMP[DOT]FUN DISABLES LIVE STREAMING FEATURE

*Pump[dot]fun team: To ensure the absolute safety of our users, we will be pausing the live streaming functionality on the site for an indefinite time period until the moderation infrastructure is ready to deal with the heightened levels of activity

Changpeng Zhao, CZ: I am not against memes, but meme coins are getting "a little" weird now.

Let's build real applications using blockchain.

Binance Will Delist GFT, IRIS, KEY, OAX, REN on 2024-12-10: link

Russia Preparing Response To Ukraine's ATACMS Use In Kursk: IFX

ARTISTS APPEARS TO HAVE LEAKED ACCESS TO OPENAI’S SORA: TC

*ISRAEL CABINET APPROVES CEASEFIRE DEAL WITH LEBANON: REUTERS

*BIDEN: ISRAEL AND LEBANON HAVE AGREED TO END CONFLICT

*All sides had agreed to a 60-day cease-fire — Talks on a longer-term cease-fire would likely be complicated.

*Netanyahu said Israel would now be able to focus on “the Iranian threat” and boost pressure on its war against Hamas in the Gaza Strip.

Binance Futures Will Launch USDⓈ-Margined MORPHOUSDT and CHILLGUYUSDT Perpetual Contracts With up to 75x Leverage: link

HEAD OF GERMAN FOREIGN INTELLIGENCE:

*THERE IS A RISING RISK THIS WILL RAISE THE QUESTION OF INVOKING NATO ARTICLE 5

*RUSSIA HAS STARTED TO USE KINETIC MEASURES AGAINST THE WEST, INCLUDING ACTS OF SABOTAGE AGAINST INFRASTRUCTURE

*RUSSIA IS MASSIVELY DISRUPTING WESTERN SATELLITE NAVIGATION SYSTEMS

*THIS INCREASES THE RISK OF A MILITARY CONFRONTATION WITH RUSSIA

$9.42B in Bitcoin options and $1.47B in Ethereum options are set to expire on BLACK FRIDAY, Nov. 29. TOMORROW AT 08:00 UTC: Deribit Data

BTC:
*Max Pain: $80k
*Calls Notional Value: $5.15B
*Puts Notional Value: $4.27B
*Put/Call Ratio: 0.83
*~$4.1B is in ITM (in the money) [73.4% are calls]
*~$5.33B is in OTM (out of the money) [92.7% are puts]

ETH:
*Max Pain: $2,900
*Put/Call Ratio: 0.74

XRP HITS ~7 YEAR HIGH

XRP FLIPPED SOL IN MARKET CAP