According to Odaily, recent large-scale Bitcoin options trades have drawn attention in the market. Lin Chen, Deribit's Asia-Pacific Business Head, shared insights on X about these transactions. A user executed two notable trades involving Bitcoin call options. The first trade involved selling call options with strike prices of $70,000 and $72,000, set to expire at the end of the year. This transaction covered a total of 720 BTC, generating a premium income of $1.5 million.
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It's important to note that the approval process for ETFs involves thorough regulatory review. The U.S. Securities and Exchange Commission (SEC) evaluates factors such as market surveillance, investor protection, and the underlying asset's market maturity before granting approval. While the filing of these applications is a significant step, the timeline for approval remains uncertain and will depend on the SEC's assessment. #ETF #XRP
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According to PANews, recent data from DefiLlama reveals that Uniswap's front-end trading fees have reached a significant milestone, totaling $92.73 million. This figure highlights the platform's robust performance in the decentralized finance (DeFi) sector.
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