China is rapidly moving towards an extraordinary technological marvel, the "Hyperloop", a magnetic high-speed train system traveling at speeds of up to 1,000 kilometers per hour. The train has recently been successfully tested in Shaanxi province, bringing China closer to introducing its revolutionary T-flight system. Under this system, trains will be able to travel faster than airplanes. For example, the distance between Beijing and Shanghai, which is covered in 4 hours and 18 minutes by conventional train, will be covered in just one hour by Hyperloop. The Hyperloop system works through magnetic levitation and a low-pressure tube, in which the train is lifted up to 100 mm above the ground by the magnetic system, which is 10 times higher than existing maglev trains. In a recent test, the train maintained a steady speed and was able to stop successfully. This experience is proof that China is close to passing another milestone in advanced technology, which is expected to revolutionize the transportation system in the future.
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The total outstanding BTC options position is $20,656,000,000, and the outstanding ETH options position is $5,539,000,000. According to Coinglass data, the nominal value of outstanding BTC options positions that have not been closed on the entire network today is USD 20.656 billion, and the nominal value of outstanding ETH options positions that have not been closed is USD 5.539 billion.
Odaily Star Daily News Deribit Asia-Pacific Business Director Lin Chen stated in a post on X that this week, BTC ETF had net inflows every day except Wednesday, with a total net inflow of $403.7 million (holding a total of 7022.66 BTC). Grayscale had its first net inflow of 115.32 BTC since July, while BlackRock's Holdings remained unchanged except for a net outflow of 165.94 BTC on Monday