The New York Stock Exchange (NYSE) will introduce bitcoin options. To determine the price, the NYSE will use the XBX index which tracks Bitcoin spot prices on several cryptocurrency exchanges and is updated once per second every day.

Options give the right, but not the obligation, to buy or sell an asset at a specified price and date.

NYSE explained that this collaboration was driven by investor enthusiasm following the approval of a spot Bitcoin ETF. According to the official announcement, these option contracts will be settled in fiat currency. A specific launch date for this new product category has not been revealed.
#crypto. #ETFApprouval $BTC

Unlock Crypto Projects

Who's been waiting for this crypto project's unlock token?

but what is an unlock token?

Token unlock is the release of tokens that were previously blocked based on fundraising provisions.

Each project schedules this token release agenda carefully to avoid market pressure and prevent token prices from falling.

Which unlock token are you most waiting for???
$BTC #bitcoin #crypto. #unlock

Crypto Industry Influences US Economy

US Senator Cynthia Lummis highlighted the large influence of the crypto industry on the United States economy, especially after the upcoming election.

Therefore, Lummis emphasized the importance of appropriate and wise regulations in supporting the development of this industry and creating a conducive environment for innovation in blockchain and crypto technology.

Healthy cooperation between regulators and industry players also plays an important role in the development of the digital asset industry.

The burning tax that applies to the Terra Luna network is 0.5%, of which 80% is used for burning and the remaining 20% ​​is distributed 10% each to the community pool and Oracle pool.
#bitcoin #Binance $BTC

Fantom Announces Opera Upgrade

Fantom ($FTM ) announced a major upgrade to the Opera network. This upgrade is expected to increase performance and transaction capacity.

This upgrade includes Lachesis consensus optimization and improvements to the network protocol to increase efficiency​.

The FTM price is expected to recover as this update rolls out, although currently the market price is still showing high volatility​.

#FantomCommunity #fantom

Bitcoin Ready to Fly

Amidst the current Bitcoin ($BTC ) price consolidation, its analytical metrics show strong bullish signals.

Bitcoin analyst Willy Woo pegs the US$73,000 price level as the resistance point before the bullrun. If this level is successfully broken, a short squeeze could trigger a bullrun up to the level of US$75,000 per unit.

In the short term, Bitcoin price volatility will persist because it is influenced by several things, including US economic conditions and developments in the derivatives market.

What are the Prospects for Solana ETFs?

Solana is lined up as a crypto candidate to become the next commodity exchange-traded fund (ETF) after Ethereum. However, the Chicago Mercantile Exchange (CME), which was previously rumored to be a market for SOL, instead emphasized that there are no plans to offer Solana ($SOL ) derivative products in the near future.

James Seyffart, an ETF analyst from Bloomberg, said that the emergence of a Solana ETF is unlikely in the near future given the tight regulations in the United States.

In addition, Solana experienced significant network congestion problems, causing transaction failure rates to reach 75% due to "spam bots". This bottleneck also gave rise to another controversy regarding the previously undisclosed supply of SOL tokens, namely 13 million additional tokens.

SOL prices responded negatively to this news by depreciating market value from US$200 to US$165 per unit due to this case. The decline was also accompanied by trading volume which also fell 17% in the last 24 hours.
$SOL #solanainfo #ETFApprouval

GOOD NEWS FOR ETHEREUM

BlackRock Files Form S-1 for Ethereum Spot ETF

In response to the U.S. Securities and Exchange Commission's (SEC) approval of the Ethereum Spot ETF form 19-b, Blackrock immediately filed a revised S-1 form for the Ethereum spot ETF.

The SEC's approval of Ethereum ETFs from leading companies, including BlackRock, represents a significant regulatory milestone.

Bloomberg analyst Erick Balchunas said there are positive implications from BlackRock's latest filing for the future of Ethereum ETFs.

#EthereumSignal #EthereumUpdate $ETH