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Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March 2024 on Deribit. Buyers, expecting a continued price rally in bitcoin in the coming months, paid a cumulative premium of $1.5 million for the bullish bets.
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That in turn could have implications for a suite of cases which the SEC has taken against Coinbase (COIN), Binance and Bittrex, arguing that they should have registered because tokens traded on those platforms, such as solana (SOL), polygon (MATIC) and cardano (ADA), fall under its purview. Original Source
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Summary: Bitcoin neared double-digit gain in the past 24 hours following ETF applications from giant TradFi players like BlackRock.BTC traded above $28,800 on Monday, over 7% up in the past 1 day per data from TradingView and CMC.$8 trillion asset manager BlackRock filed a Bitcoin ETF with the SEC galvanizing
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As decentralized social media becomes one of the central topics at the Buidl Asia event held in South Korea, Cryptox spoke with Ethereum Name Service (ENS) developer Makoto Inoue onlineto find out more about Web3 social media, its potential to replace Web2 and the roles of ENS and the metaverse
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Leading exchange KuCoin participated in a $10 million funding exercise for CNHC to support stablecoin adoption. KuCoin recently led a $10 million funding initiative for offshore Chinese yuan stablecoin issuer CNHC. This investment by the leading crypto exchange’s investment is part of a broader scheme to support stablecoins. In addition to KuCoin’s investor IDG
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Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C. Then, Jodie Gunzberg, managing director of CryptoX Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown. Source
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The Bitcoin price is finally seeing some profits, but it seems weak compared to other crypto assets. The macroeconomic environment is waking up, shaking things across all asset classes. As of this writing, the Bitcoin price trades at $16,800 with sideways movement in the last 24 hours. In the crypto top
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SHIB’s price shows strength as it continues its rally, with eyes set on a high of $0.00002 as the price tends to
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The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency
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