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LATEST: Acting Chair Pham says the CFTC
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LATEST: Synthetix is launching a perp DEX on the Ethereum mainnet after a three-year absence from the L1, starting with a private beta that supports Bitcoin, ETH, and Solana markets.
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BREAKING: Silver surges above $67/oz for the first time in history, now up +133% this year.
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Analytics as Memory, Not Momentum: How Lorenzo Designs Data for Long-Horizon Finance
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Markets are making history today: A record $7.1 trillion worth of options on stock indexes, ETFs, equity index futures, and individual stocks are estimated to expire during today’s trading session. This includes $5.1 trillion notional of S&P 500 options, $320 billion of S&P 500 ETF options, and $880 billion of single-stock options. Furthermore, ~$805 billion worth of non-S&P 500 index and ETF options are set to expire. December OpEx is historically the largest expiration of the year. This December sets a record, exceeding 10% of the total equity market size for the first time. (NFA)(Always DIOR)
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MARKETS REBOUND AFTER BANK OF JAPAN RATE HIKE 🇯🇵 The Bank of Japan raised interest rates by 25 basis points to 0.75%, the highest level in 30 years, according to Bloomberg. Despite the hike, Bitcoin moved higher alongside U.S. stock futures as markets priced in no further global policy tightening. $BTC and $ETH reclaimed key technical levels, supported by stronger Asian markets and softer U.S. inflation data, reinforcing expectations for future 🇺🇸 Fed rate cuts. Bitwise CIO Matt Hougan summed it up well: the global macro backdrop for crypto is “mixed and confused.” Japan hiking is a headwind, while potential U.S. rate cuts remain a tailwind. #BTC #ETH
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