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Bitcoin Options Open Interest Soars to Unprecedented Levels Ahead of SEC ETF Decision

Introduction The open interest in Bitcoin options has reached a staggering milestone, surpassing $18 billion on December 22, 2023. This surge is indicative of traders utilizing Bitcoin options to manage risk and speculate on its future price movements. One significant factor driving this trend is the upcoming decision by the U.S. Securities and Exchange Commission […]

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How to Execute a 401(k) to Gold IRA Rollover | MrGold IRA 401K, SEP, Roth IRA

Self-Directed Gold IRAs are an excellent way to invest in gold , without having to deal problems associated with buying physical bullion. This kind of account allows investors to purchase gold directly from the government and then store it in their name. Although many prefer to hold physical gold, not everyone can access it. Additionally,

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SEC Expected to Approve Spot Bitcoin ETFs, Boosting Adoption and Regulation

Financial Firms Optimistic about SEC's Approval Financial firms in the cryptocurrency industry are feeling confident that the Securities and Exchange Commission (SEC) will rule in favor of approving spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024. This development comes after discussions between spot Bitcoin ETF issuers, such as BlackRock, and the SEC to finalize

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Bitcoin Market Analysis: Mixed Signals and Critical Juncture

Bitcoin's Downtrend on the 4-Hour Chart Bitcoin's trajectory on the 4-hour chart reveals a clear downtrend characterized by consistent lower highs and lower lows. The price experienced a significant drop from approximately $43,440 to $40,513, indicating increased selling pressure. The current bearish candlestick formation further suggests the possibility of the downtrend persisting. Bearish Run on

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NFT Trader Security Breach: High-Value Bored and Mutant Ape NFTs Stolen

Introduction Reports have confirmed that the popular peer-to-peer NFT market platform, NFT Trader, has fallen victim to a security breach. The breach occurred when an attacker exploited an outdated smart contract, resulting in the theft of approximately $3 million worth of prized digital collectibles. Notably, the stolen NFTs included pieces from the Mutant Ape Yacht

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Cantor Fitzgerald CEO Confirms Business Relationship with Tether

Howard Lutnick, CEO of Cantor Fitzgerald, Reveals Tether Holdings Howard Lutnick, the CEO of Cantor Fitzgerald, a prominent Wall Street private financial services company, has recently confirmed that his company has been providing services to Tether, the largest stablecoin issuer in the cryptocurrency market. In an interview on CNBC's Money Movers, Lutnick expressed his admiration

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Ledger Library Exploit Alert: Users Warned Against Interacting With Dapp Front Ends Amid Wallet Drainer Risk

Ledger Library Breach: Experts Advise Halting Dapp Usage to Dodge Wallet Drainer According to multiple reports, there has been an alleged exploit in the Ledger Connectkit Library, prompting a warning for users to avoid interacting with decentralized application (dapp) front ends. It has been revealed that the library, which supports various dapps, now contains a

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Anthony Scaramucci Predicts Multi-Trillion-Dollar Future for Bitcoin, Urges Elizabeth Warren to Learn About Crypto

Skybridge Capital Founder Sees Bitcoin as a Multi-Trillion-Dollar Asset During an interview with Bloomberg, Anthony Scaramucci, the founder of Skybridge Capital, discussed various topics, including the future of bitcoin and the potential impact of the U.S. Securities and Exchange Commission (SEC) on the cryptocurrency market. Despite the SEC's decision on the spot bitcoin exchange-traded fund

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IMF Official Warns of Cold War II: Implications for the Global Economy

Introduction The first deputy managing director of the International Monetary Fund (IMF), Gita Gopinath, recently issued a warning about the potential risks of a new Cold War. Drawing parallels between the previous Cold War between the United States and the Soviet Union and the current tensions between the United States and China, she emphasized the

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