Midday News Update #Web3

🏗 NYSE-listed Cango invests $256M in Bitmain #BTC☀ miners, achieving a total hashrate of 32 EH/s.

📉 $2.735B in $BTC and $ETH options, with maximum pain at $102k and $3800, expiring Dec 20.

🏆 Galaxy CEO: Bitcoin market cap could surpass gold in 5-8 years, currently at 14% of gold.

🔗 Binance's Yi He explains that $BNB is not the only focus of Binance Alpha support initiatives.

💸 Trader turns $700 into $1.8M in 7 hours, making 2,571x profit on 48M UFD tokens $$BTC

$ETH