1. Low Trading Volume - Continues
Following last month, the trading volume has been declining for three consecutive months. Bitcoin trading volume started to plummet in April, reverting to the levels seen in 2019, and the volume for September marked the lowest point since March 2019
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/292e6a3c-003c-41e0-9e93-a4bb7d84f776/okx.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/292e6a3c-003c-41e0-9e93-a4bb7d84f776/okx.png" width="40px" /> Alpha Strategy - OKX
<aside> <img src="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/4541c3d0-8ce0-4826-83f3-4b0a0b5d258f/binance.png" alt="https://s3-us-west-2.amazonaws.com/secure.notion-static.com/4541c3d0-8ce0-4826-83f3-4b0a0b5d258f/binance.png" width="40px" /> Alpha Strategy - Binance
| Name | Value | MoM |
|---|---|---|
| BTC Price | 26,962.57 USDT | +3.94% |
| BTC Dominance | 49.82% | +1.36% |
| Crypto Total Cap | 1.05T USDT | +2.52% |
| Dollar Index | 106.174 | +2.46% |
| Gold Index | 1848.1 | -4.72% |
Europe's crypto industry is seeking clarity on staking regulations as the EU and UK consider new rules. While some argue that detailed rules for staking might be premature, recent developments in Switzerland and Singapore highlight the risks of maintaining a regulatory gray area. The lack of specific regulations has led to uncertainty and forced staking into existing regulatory categories, such as custody or banking. Stakeholders are calling for legal certainty without overly hasty and heavy-handed regulation to support the development of the space. Concerns about staking in Switzerland are related to Ethereum's switch to a proof-of-stake system, while discussions on staking rules are ongoing in the EU and UK.
