Midday News Update #Web3
🏗 NYSE-listed Cango invests $256M in Bitmain #BTC☀ miners, achieving a total hash rate of 32 EH/s.
📉 $2.735B in $BTC and $ETH options, with max pain at $102K and $3,800, to expire on Dec 20.
🏆 Galaxy CEO: Bitcoin’s market cap could surpass gold’s within 5-8 years, now at 14% of gold’s valuation.
🔗 Binance’s Yi He clarifies that $BNB is not the sole focus of Binance Alpha’s support initiatives.
💸 Trader turns $700 into $1.8M in 7 hours, profiting 2,571x on 48M $UFD tokens via pump.fun.
