Crypto Market Today: OG, ASTR Surge as Bitcoin Defends $112K

The crypto market regained poise in the past 24 hours, with market leader bitcoin (BTC) defending support at $112,000. The leading cryptocurrency, however, continued to trade below it's 50-day simple moving average, hinting at near-term price ￰0￱ broader market followed bitcoin's lead, as the CoinDesk 20 Index rose over 1%. Decentralized AI operating system Og AI's (Zero Gravity) OG token rose over 50% and Avalanche's AVAX rose 10%. Other notable winners were MNT, ASTR, CRO, NEAR and ￰1￱ Talk By Oliver Knight The 0G (Zero Gravity) issued its native token alongside the rollout of the Aristotle mainnet on Sep. 18, marking its transition from testnet to a live, fully operational AI-focused layer-1 blockchain. 0G made community rewards a prominent part of its launch strategy: early contributors, active participants in community campaigns, Discord users, holders of certain NFTs (e.

g. the One Gravity collection), and other grassroots actors were eligible for ￰2￱ project’s modular architecture, combining data availability, storage, compute, and a dedicated chain for AI inference, coupled with integrations & partnerships has bolstered hype and contributed to 0G's 54% rise of the past 24 ￰3￱ currently has a market cap of $1.23 billion with daily trading volume hitting $3.3 billion, according to ￰4￱ tokenomics are structured to balance short- and long-term ￰5￱ a total supply of 1 billion tokens, with 21.3% is unlocked immediately. 0G Labs raised over $350 million before or during launch, including a seed round ($40 million) and a large token purchase commitment ($250 million), with additional capital from node ￰6￱ investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next, and Animoca ￰7￱ after its launch, 0G achieved rapid listings on major exchanges, including Kraken and Binance, helping generate liquidity, visibility, and trading volume early in its ￰8￱ Positioning by Omkar Godbole Global notional futures open interest has dropped to $102 billion from last week's high of $110 billion, as Monday's massive liquidations cleared over leveraged bets.

AVAX, MNT, NEAR and XMR have bucked the broader market trend with notable gains in open interest. AVAX’s 25% surge in open interest confirms the bullish momentum behind the cryptocurrency’s price ￰9￱ interest in ASTR, the native token of Hyperliquid competitor Aster, has surged to $12.63 million—the highest level since ￰10￱ recent months, Hyperliquid has ceded market share in on-chain perpetuals to rising challengers Aster and Lighter. XRP, BNB, ADA, LINK and Binance-listed 1000SHIB perpetual futures continue to see negative funding rates, indicating a dominance of bearish short ￰11￱ suggests scope for a "short squeeze" higher in case the market shows renewed ￰12￱ growth in the CME-listed BTC futures OI has stalled while options OI increased to 52.84K BTC, the highest since ￰13￱ ether's case, both futures and options OI hovers near record ￰14￱ Deribit, BTC and ETH put skews in short-dated and near-dated options have eased as traders chased bullish BTC call ￰15￱ the OTC desk Paradigm, block flows featured BTC calendar spreads and writing of Solana put ￰16￱ Talk By Oliver Knight The 0G (Zero Gravity) issued its native token alongside the rollout of the Aristotle mainnet on Sep. 18, marking its transition from testnet to a live, fully operational AI-focused layer-1 blockchain. 0G made community rewards a prominent part of its launch strategy: early contributors, active participants in community campaigns, Discord users, holders of certain NFTs (e.

g. the One Gravity collection), and other grassroots actors were eligible for ￰17￱ project’s modular architecture, combining data availability, storage, compute, and a dedicated chain for AI inference, coupled with integrations & partnerships has bolstered hype and contributed to 0G's 54% rise of the past 24 ￰18￱ currently has a market cap of $1.23 billion with daily trading volume hitting $3.3 billion, according to ￰19￱ tokenomics are structured to balance short- and long-term ￰20￱ a total supply of 1 billion tokens, with 21.3% is unlocked immediately. 0G Labs raised over $350 million before or during launch, including a seed round ($40 million) and a large token purchase commitment ($250 million), with additional capital from node ￰21￱ investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next, and Animoca ￰22￱ after its launch, 0G achieved rapid listings on major exchanges, including Kraken and Binance, helping generate liquidity, visibility, and trading volume early in its ￰23￱ Positioning by Omkar Godbole Global notional futures open interest has dropped to $102 billion from last week's high of $110 billion, as Monday's massive liquidations cleared over leveraged bets.

AVAX, MNT, NEAR and XMR have bucked the broader market trend with notable gains in open interest. AVAX’s 25% surge in open interest confirms the bullish momentum behind the cryptocurrency’s price ￰24￱ interest in ASTR, the native token of Hyperliquid competitor Aster, has surged to $12.63 million—the highest level since ￰25￱ recent months, Hyperliquid has ceded market share in on-chain perpetuals to rising challengers Aster and Lighter. XRP, BNB, ADA, LINK and Binance-listed 1000SHIB perpetual futures continue to see negative funding rates, indicating a dominance of bearish short ￰26￱ suggests scope for a "short squeeze" higher in case the market shows renewed ￰27￱ growth in the CME-listed BTC futures OI has stalled while options OI increased to 52.84K BTC, the highest since ￰28￱ ether's case, both futures and options OI hovers near record ￰29￱ Deribit, BTC and ETH put skews in short-dated and near-dated options have eased as traders chased bullish BTC call ￰30￱ the OTC desk Paradigm, block flows featured BTC calendar spreads and writing of Solana put options.