Bitcoin's on a slow march upward, but the fear and greed index is oddly calm.

What's the deal?

We're seeing some interesting moves this week. Bitcoin's been inching its way up, taking its sweet time like a cautious hiker on a steep trail. But even after last week's dip, the fear and greed index is just chilling in neutral territory.

Now, you might think that's the headline of the week, but you'd be wrong. There's a bigger story brewing, and it's got nothing to do with price charts or trading volumes.

HBO has now turned its investigative lens on the crypto world.

They're claiming to have cracked the code on crypto's biggest mystery: the true identity of Satoshi Nakamoto.

Their big reveal? Len Sassaman.

If you're drawing a blank on that name, don't worry - you're not alone. But there's more to this tale than meets the eye.

Let’s make sense of it all! Here is a quick rundown of the top headlines from the past 2 days:

• Bitcoin hit $63K after a surprise job report. But is this rally built on solid ground? 🚀

• Hyperliquid just crushed it with $1.39 billion in daily trading volume. What's fueling this trading craze? 💹

• Long-term hodlers are cashing out billions in Bitcoin. Are they losing trust in Bitcoin already? 🌩️

• HBO says Len Sassaman is Satoshi Nakamoto. But is this case really closed? 🕵️

• A crafty email scam cost one investor $5.7 million in EIGEN tokens. Is the platform safe? 🎣

But first,

And a Quick Market Analysis…

The crypto market never fails to keep us on our toes, does it?

Let's dive into what’s been happening these days!

Bitcoin's Resilient Recovery

Just when skeptics thought Bitcoin was running out of steam, it's shown impressive resilience. Glassnode's latest report highlights a technical higher high, with Bitcoin touching $66k for the first time since its all-time peak.

This isn't just another price blip – it could signal a significant shift in market structure.

Source: Glassnode

What's particularly fascinating is the cyclical nature of this recovery. The data reveals an almost uncanny similarity between the current 2023-2024 recovery and the patterns observed in 2015-2016 and 2019-2020. It's as if Bitcoin is following a predetermined script, leaving investors and analysts alike wondering if history will continue to rhyme.

This cyclical behavior isn't just a curiosity – it has real implications for investment strategies. In previous cycles, recognizing these patterns allowed investors to position themselves advantageously. However, it's crucial to remember that while patterns may repeat, the underlying market conditions are ever-evolving.

The Four-Year Cycle: Going, Going, Gone?

Bitcoin's halving cycle might be breaking tradition.

According to CMC's report, we're 40.66% into the bull market, but ahead of schedule by about 100 days. This acceleration suggests a potential peak between mid-May and mid-June 2025, earlier than historical patterns would indicate.

However, it's not all smooth sailing – there are signs of slowing ecosystem growth, hinting at evolving market dynamics. The four-year cycle could be giving way to a "super cycle" driven by increased correlation with traditional assets and changing investor profiles, with companies like MicroStrategy and hedge funds jumping on board.

Despite a mixed Q3 2024 performance (July +2.95%, August -8.6%, September +11.39%), historical data points to a potentially strong Q4.

October has averaged 22.90% returns over the past decade, with November and December typically in the green as well.

While past performance doesn't guarantee future results, 2024's earlier strong showings (like February's 43.55% gain) suggest Bitcoin might be gearing up for a robust year-end, despite Q3's bearish indicators.

As always in crypto, adaptability is key – these changing patterns mean investors should stay informed and ready to adjust strategies as the market evolves.

Now that we have covered the market analysis, let’s dive into top stories!

Bitcoin to 63K

U.S. employers went on a hiring spree last month, adding 254,000 jobs. That's nearly double what the economic fortune-tellers predicted.

And guess what? Bitcoin loved the news.

The OG crypto jumped over $63K on Monday, giving hodlers a reason to smile.

So is it all bullish now? What about other economic indicators? Read the full story!

Record-Breaking Trades

Hyperliquid is making waves, and for good reason. The decentralized perpetual swap platform just hit a jaw-dropping $1.39 billion in daily trading volume.

To put that in perspective, Hyperliquid's closest competitors aren't even in the same ballpark. Jupiter managed $699 million, while SynFutures and dYdX trailed even further behind.

So, what's fueling this trading craze? Why is everyone hyped up about Hyperliquid? Read the full story!

Long-Term Holders Hit the Brakes

Bitcoin's recent surge has everyone buzzing, but not everyone's jumping on the bandwagon.

Long-term holders, the seasoned veterans of crypto, are pumping the brakes. They've reduced their Bitcoin exposure by $7 billion. That's right, from $19 billion down to $12 billion.

Why the sudden cold feet? Are they seeing something the rest of us aren't?

Meanwhile, short-term holders have ramped up their positions by $6 billion.

This shift in sentiment is raising eyebrows. Is it a sign of a looming correction, or just a brief pause before the next leg up? What’s going on? Read the full story!

We Know Who Satoshi Is!

Remember Len Sassaman? No? Well, you might want to start Googling.

This late cryptographer and privacy advocate is suddenly the talk of the town.

Why? Because HBO's latest documentary just pegged him as Satoshi Nakamoto.

Sassaman was no ordinary tech guy. He was a popular tech genius. By his twenties, he was already working on groundbreaking privacy tech. Sound familiar?

Sassaman tragically passed away in 2011, right around the time Satoshi vanished into thin air. Coincidence? HBO doesn't seem to think so.

So was he really Satoshi Nakamoto? What do his relatives say? Read the full story!

Email Scam Costs Crypto Investor Millions

An investor in EigenLayer, a popular Ethereum restaking protocol, just lost $5.7 million worth of EIGEN tokens. How? A crafty hacker wormed their way into an email thread about token transfers.

Before anyone could blink, 1.6 million EIGEN tokens vanished, sold off through a decentralized exchange.

But EigenLayer insists their protocol is still Fort Knox-level secure. The hack, they say, was a laser-focused attack on one unlucky investor, not a chink in their armor.

So are your tokens really safe? What do blockchain security analysts think? Read the full story!