"triple dilemma"What’s the explanation? Nick White, co-founder and COO of Celestia, explains the paradigm changes on the chain.

The price of BTC continued to fluctuate upward, and the implied volatility surface increased again by about 1 to 1.5% Vol. Ultra-short-term option IV continues to rise due to the approach of FOMC, and the ATM IV of BTC/ETH expiring on Friday reached 37.76% (+2.56%) / 35.69% (+4.53%) respectively.

A quick look at important industry information of the week.

On the eve of the FOMC meeting, the market made final adjustments, with some companies rushing to issue new bonds at the last minute; cryptocurrency prices rebounded slightly, with BTC breaking through $27,000 and ETH rising to around $1,650 again.

The price trend of digital currencies has escaped the quagmire of low volatility and sideways trading, and boosted by the recent continued price rise, the implied volatility surface of BTC/ETH has once again increased by 1% to 1.5%vol, and the medium and forward ATM IV and RR both reached their high

A quick look at important industry information of the week.

Ant Group plans to withdraw its investment from A&T Capital or exit the cryptocurrency industry.

The development of Ethereum requires community-driven research and innovation to maintain neutrality and decentralization.

After a weekend of consolidation, the price of BTC resumed its upward trend as the Asian market opened, surpassing the 27,000 level. The most notable trades in the past 24 hours were the two sets of large-scale Outright Call transactions for ETH in October and December.

The first Proof-of-Stake testnet after Ethereum's merge

In the past three years, Ethereum DEX has facilitated wash trading of over $2 billion.

In the month of August, the cryptocurrency market experienced significant volatility, with significant fluctuations in the price of Bitcoin. At the same time, the NFT market saw a sharp decline, sparking concerns about the future development trends of this emerging industry.

Last Friday, Chinese economic data showed some improvement; the stock market was quite active in the last 48 hours of the week; similar to the "chasing returns" narrative seen in TradFi over the past 15 years, cryptocurrencies also appear to be experiencing a similar phenomenon in the short term.

ETHGlobal New York will be held on September 22nd-24th.

An overview of the weeks important news.

Focus on on-chain data, weekly news roundup.