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More than $10B in Bitcoin and Ethereum options expire today Today, almost $10 billion in Bitcoin and Ethereum options expire, causing market volatility and optimistic traders. Today, over $10 billion of Bitcoin (BTC) and Ethereum (ETH) options will expire, which might affect market patterns and volatility. Analysts monitor contract volume and value to forecast market moves. Put-to-call ratios for BTC and ETH options favor call options, indicating optimistic traders. The expiring BTC options are worth billions and have a 0.84 put-to-call ratio. ETH expires with over 400,000 contracts and a 0.75 put-to-call ratio. These ratios indicate that traders prefer calls, which buy, over puts, which sell. The highest pain areas for BTC and ETH options are where most contracts expire worthless, causing huge losses for holders. Market analysts recommend assessing all positions and strike prices to assess prospective profits or losses. Despite short-term volatility, some traders see possibilities. Current implied volatility and market mood imply a cautious but positive investor view, according to analysts. Options trading specialists say expiry might reset market expectations. Bybit, a renowned trading platform, says BTC's price correction has lowered implied volatility, especially for short-term contracts. With more call option demand, ETH options are somewhat bullish than BTC. The market also reflects regulatory-driven crypto confidence. Following SEC leadership changes, some investors expect a more favorable regulatory environment, boosting crypto asset excitement. Traders should watch market circumstances constantly since options expiry typically increases turbulence. Lower trading volumes during the weekend may increase volatility, making it a crucial time for market players. #MarketBuyOrHold? #MarketInTheGreen #EthereumAwakening? #ThanksgivingBTCMoves $BTC $ETH
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To Increase DeFi Ecosystem's Real Yield, Binance Labs Funds Astherus An investment in Astherus, a platform that aims to improve liquidity and yield options for users of decentralized finance (DeFi), has been reported by Binance Labs, Binance's venture capital and incubator division. By providing yield-focused solutions and making digital assets more useful, Astherus aims to tackle problems in DeFi. Using a mix of centralized and decentralized financial technologies, its principal solution, AstherusEarn, employs methods across many blockchains and protocols with the goal of improving asset performance. There is a DeFi infrastructure that can be easily added to the platform. Activities such as stablecoin yield farming and derivatives trading are made possible via the dApp Layer, which comprises AstherusEarn. Stablecoin protocols and derivatives clearinghouses are two other applications that the DeFi Infrastructure Layer supports and consolidates liquidity for. The development of AstherusLayer, a blockchain with an emphasis on DeFi features, has been announced by Astherus. With Binance's $BNB token serving as the transaction fee holder, this blockchain is anticipated to enable multi-asset staking. The money will supposedly go toward creating new products, improving current ones, and making them more user-friendly, according to Binance Labs. More yield techniques will be accessible, and interactions within the DeFi ecosystem will be streamlined. The agreement is in line with Binance Labs' objectives of supporting startups that concentrate on technical innovation in the DeFi area, according to Nicola W., Investment Director at Binance Labs. Dust, an integral part of the Astherus team, has stated their goal of providing people all across the world with better actual yield prospects. #BinanceLabs #ThanksgivingBTCMoves #MarketBuyOrHold? #BinanceHODLerTHE #MarketInTheGreen
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SHIB, Tron and RichQuack : Three Altcoins That Could Make You Wealthy by 2025
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#SDM (Shieldeum) #DePIN token is a relatively new entry in the market, currently trading around the $0.05 level. Investors are closely monitoring its performance, as holding above the $0.07 mark could signal significant momentum. If this level is maintained, the token shows potential to grow exponentially, possibly "deleting a zero." As interest in emerging tokens increases, SDM could become an intriguing opportunity for early adopters. #AIAndGameFiBoom #MarketInTheGreen
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Musk’s D.O.G.E. Targets IRS: Budget Cuts Target Taxman Elon Musk, a D.O.G.E. leader, wants to cut IRS expenditures. Targeting IRS Musk and Ramaswamy pledged to eliminate federal agency expenditure by $2 trillion. D.O.G.E. leaders indicated they will slash bloated or outmoded government agencies' budgets. Musk remarked, “The IRS is a mess.” The Tesla CEO suggested a free tax filing app and an audit given the IRS's years of inefficiencies and scandals. He also wants to cut several personnel to reduce “administrative overgrowth.” “The IRS requested $20B more. He asked whether its budget should be increased, maintained, reduced, or eliminated. The survey found that 60.6% wanted to eliminate the IRS budget and 29.9% wanted to cut it. 5.6% supported raising the budget, while 3.9% supported keeping it the same. Other Agencies Under Fire Musk and Vivek want to slash government expenditure by reviewing numerous federal agency budgets. The pair also targets the Consumer banking Protection Bureau, another banking watchdog. Musk suggested abolishing the CFPB, raising doubts about its future. The DOGE market cap is $58.9 billion. TradingView.com chart Vivek desired “mass reductions” in the Education Department. Trump has called for the department's elimination for years, and it seems he will after taking office. Vivek Wants Defense Budget Cut Vivek said the Pentagon spends $125 billion on bureaucracy due to its massive budget. SpaceX's $3.6 billion military contract seems to be excluded from D.O.G.E.'s budget-cutting initiative. The government efficiency agency may be redundant, according to detractors, who say D.O.G.E.'s tasks overlap with other departments. DOGE's Role D.O.G.E. simplifies governance. Musk's role in Trump's administration is shown by the name's reference to Dogecoin. People question how Musk's presence in this area will effect Dogecoin's value and reputation. After Trump won, Dogecoin's value soared. Musk works for the new administration and has promoted cryptocurrencies. #DOGE #MarketBuyOrHold? $DOGE
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