In October, the Consumer Price Index (CPI) in Baden-Wuerttemberg, Germany, dropped from 2.7% to 2.3%. At the same time, the European Central Bank is keeping its key interest rates steady: 2.15% for main refinancing operations, 2.4% for the marginal lending facility, and 2% for the deposit facility. The cryptocurrency market bounced back after Donald Trump and Xi Jinping met in South Korea, easing trade tensions. On Thursday, Bitcoin, Ethereum, and XRP each rose by nearly 1%, recovering from earlier losses.

Bittensor Market Movement

Bittensor (TAO) has been on an upward trend for six days, nearing $450. This growth is backed by Deutsche Digital Assets and Safello’s plan to launch a staked TAO Exchange Traded Product (ETP) on the SIX Swiss Exchange in November. To stay updated on market news and insights, consider subscribing to the Orange Juice Newsletter. Germany’s inflation rate falling to 2.3% bolsters the view that the European Central Bank will keep rates steady next month. This decline in prices, also seen across the Eurozone with headline inflation recently at 2.4%, lowers the likelihood of any aggressive changes. Therefore, it might be wise to consider strategies that benefit from a stable or weaker Euro, like buying puts on the EUR/USD pair. With the ECB maintaining its main rate of 2.15%—a rate held for much of 2025—European equities could experience less volatility driven by rates. This situation is in stark contrast to the aggressive hikes seen in 2023 and 2024. Selling call options on European volatility indexes might be a good strategy for generating income in this more stable environment.

Opportunity With Staked TAO ETP

The upcoming launch of the staked TAO exchange-traded product in November is a significant short-term opportunity. We observed similar scenarios with U.S. Bitcoin ETFs in early 2024, where anticipation of institutional investments resulted in a 60% price increase in the three months leading up to the launch. Traders should consider call options with strike prices close to the $500 target to take advantage of this pre-launch momentum. The overall recovery in crypto, aided by a calmer geopolitical climate, makes leveraged long positions more appealing. With Bitcoin’s 30-day implied volatility at around 48%, buying call options is now more affordable compared to previous turbulent times. The ongoing institutional interest, highlighted by products like the new TAO ETP, supports the entire asset class. Create your live VT Markets account and start trading now.

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