Bitcoin's Volatility Meltdown
Bitcoin's annualized three-month implied volatility recently slipped to nearly 50%, a level seen only five times since 2020. The one-month implied volatility dropped to 56%, according to Laevitas. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Fed Suggests Shift in Tightening Policy; Rogue Actor Disrupts Lightning Network With One Transaction
The U.S. Federal Reserve hinted a potential change in its monetary policy at its latest meeting Wednesday. Twitter user "Burak" (@brqgoo) allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels. Bitcoin miner Iris Energy (IREN) said some of its mining equipment, owned by special-purpose vehicles, aren't producing enough cash to meet financing obligations.

Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises
The U.S. central bank raised the main interest rate by 0.75 percentage point, as expected. Officials say they'll monitor "lags" in the impact of "cumulative" efforts so far, possibly a tip that a dovish shift is being considered.

Bitcoin and Ether Steady Ahead of Fed Decision
Bitcoin's price was trading around $20,400, little changed from the past 24 hours as investors awaited the Federal Reserve’s interest rate decision at 2 p.m. ET.

Bitcoin Trading Flat Above $20K Ahead of Fed’s Interest Rate Decision
Bitcoin (BTC) is holding its ground above the $20,000 threshold as investors await another key interest rate decision from the U.S. Federal Reserve. WazirX co-founder Nischal Shetty discusses his outlook on the markets and the state of crypto in India. Plus, details on his blockchain startup Shardeum raising $18 million in seed funding.

First Mover Americas: Bitcoin, Ether Slip Ahead of Fed
The latest price moves in crypto markets in context for Nov. 2, 2022.

Ether and Bitcoin 'Straddles' Can Help Capture Post-Fed Price Swings
Straddle, an options strategy that involves buying both bullish calls and bearish puts, looks cheap, one observer said.

Rogue Actor Disrupts Lightning Network With a Single Transaction
The individual exploited a Bitcoin block parsing bug that had a downstream effect on certain Lightning nodes.

First Mover Asia: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.
