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Bitcoin ETF Index Options to Launch on Cboe as Price Approaches $100K
As Bitcoin approaches $100,000, Cboe Global Markets plans to launch cash-settled index options tied to the price of spot Bitcoin. Starting December 2, the exchange will introduce the Cboe Bitcoin US ETF Index (CBTX) to offer a new way to access Bitcoin exposure through options.
According to the official announcement, this offering has the potential to promote wider participation in
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“If the Crypto Bubble Bursts, No One Will Come for Compensation,” Consob Commissioner
Consob Commissioner Federico Cornelli issued a warning about the speculative nature of cryptocurrencies at the opening of a conference held today in Rome. Speaking at the Consob headquarters during the event titled “Italian Investors: Choices Between Advice and Sustainability.”
The warning comes amid a record surge in Bitcoin prices, fuelling speculation among enthusiasts that the
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Ripple’s XRP Soars 174% in a Month Driven by Optimism for Pro-Crypto Policies
XRP, the cryptocurrency that has faced regulatory challenges for some time, is now leading the charge in an ongoing crypto market rally thanks to recent positive developments, including the anticipated exit of SEC Chairman Gary Gensler.
XRP now ranks the sixth largest cryptocurrency after its market capitalization soared to more than $80 million, according to CoinMarketCap. In the past
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Bitcoin Nears $100,000 as China Clarifies Personal Crypto Rights
A Shanghai court has clarified that personal ownership of cryptocurrency is legal in China. The statement comes during a record-setting rise in Bitcoin prices. Bitcoin enthusiasts are now speculating whether the price will cross $100,000 in the coming days.
Shanghai Court on Cryptocurrencies
This development provides legal clarity for cryptocurrency holders amid Beijing’s
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Donald Trump In, Gary Gensler Out: SEC Boss to Leave Office on Inauguration Day
The US Securities and Exchange Commission has confirmed the looming departure of its Chair Gary Gensler, set for January 20, 2025, interestingly coinciding with President-elect Donald Trump's inauguration.
On his campaign trail, Trump ...
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Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth
Kraken’s Canadian operations have reported surpassing $2 billion CAD in client assets and cash under custody. According to the company, it reflects growth in the platform’s local user base amid efforts to expand knowledge of cryptocurrency in Canada.
Canadian Crypto Awareness Slowly Improves
“Reaching the $2 billion milestone is a testament to our ongoing effort to provide
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Chill Guy Meme Coin Soars to $500M Market Cap on TikTok Fame
A cryptocurrency based on a viral TikTok meme recently experienced a meteoric rise. This Solana-based meme coin, Chill Guy, reportedly went from a modest $10 million market cap to $500 million in just a few days. At the time of writing, the token traded for $0.3682 on CoinGecko, with a market capitalization of $368 million.
Just a Chill Guy
Chill Guy, inspired by a TikTok meme
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This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000
The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Thursday) a significant expansion of its BTC mining capabilities, ordering 5,000 new Avalon A15-194T ASIC miners from Canaan. It marks the second major purchase this month as the company positions itself
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Bitwise Aims for Spot Solana ETF: Registers a Trust in Delaware
Bitwise, a digital asset management firm known for its spot Bitcoin and Ether exchange-traded funds (ETFs) in the US, is now targeting a spot Solana ETF. It has registered a statutory trust for this purpose in Delaware, as first reported by Cointelegraph. However, the company has not yet filed an S-1 registration statement with the Securities and Exchange Commission (SEC).
The Race for
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Webull Taps Coinbase for Retail Crypto Futures
Webull, a digital investment platform, partnered with Coinbase Derivatives to offer crypto futures to US retail investors. The move aims to offer traders access to Bitcoin and Ethereum futures.
Access to Crypto Futures
Webull’s collaboration with Coinbase Derivatives aims to bridge the gap in the market for retail investors. Futures contracts for Bitcoin (BTI), nano Bitcoin
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Crypto Executive Avoids Prison, FTX Seeks $1.8 Billion in Binance Lawsuit
Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from customers, was sentenced to no prison time by US District Judge Lewis Kaplan.
Meanwhile, the FTX bankruptcy estate is continuing its legal actions against cryptocurrency firms. On November 10, a group of companies filed
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Why Is Dogecoin Price Up Today? DOGE Can Reach New All-Time High of $5
Dogecoin (DOGE), a meme cryptocurrency, is once again at the center of attention. Recent surges in Dogecoin price have sparked discussions among investors, analysts, and the Dogecoin community. Driven by new all-time high predictions, technical analysis, and political developments, Dogecoin continues to maintain its relevance in the cryptocurrency market. Here's a deep dive into the
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Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN), a provider of computing solutions, has made progress in several areas, including securing investments, expanding its product offerings, and growing its mining operations.
Canaan Secures $30 Million
The company recently entered into a securities purchase agreement, selling up to 30,000 Series A-1 Preferred Shares at $1,000 each to an institutional
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This Bitcoin Miner from Wall Street Bleeds Red Ink in Brutal Quarter
The publicly listed Bitcoin (BTC) miner from Wall Street and London’s City, Argo Blockchain (NASDAQ: ARBK, LSE: ARB) reported a net loss of $6.3 million in the third quarter as the cryptocurrency mining company grappled with challenging market conditions and reduced mining margins.
Wall Street Bitcoin Miner Argo's Profits Vanish as Bitcoin Blues Bite
Revenue fell to $7.5 million
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Bitcoin ETF Options Debut With Strong Trading Volumes on Nasdaq
Options based on BlackRock's iShares Bitcoin Trust ETF (IBIT) started trading today (Tuesday), opening a new phase in cryptocurrency investment. In just 60 minutes, the fund posted 73,000 contracts traded on the Nasdaq, ranking the top 20 most active nonindex options, CNBC reported.
Options offer investors an alternative way to hedge their Bitcoin exposure or speculate on its price.
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