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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 08:32
    Yield Guild Games: YGG tokens can now be transferred on Base
    Yield Guild Games announced on X that YGG tokens can now be transferred on Base. In addition, the official stated that the zero Gas fee event for YGG on Base will continue from January 6, 2025 to February 2, 2025.
  • 08:31
    The trading volume of Hong Kong's virtual asset ETF today is approximately 31.5 million Hong Kong dollars
    Hong Kong stock market data shows that as of the close, the total turnover of all Hong Kong virtual asset ETFs today was about 31.5 million Hong Kong dollars. Among them, the Huaxia Bitcoin ETF (3042.HK/9042.HK/83042.HK) had a turnover of 1878.85 Hong Kong dollars, the Huaxia Ethereum ETF (03046.HK/09046.HK/83046.HK) had a turnover of 4.3723 million Hong Kong dollars, Jiashi Bitcoin ETF (03439.HK/09439.HK) had a turnover of 1.0951 million Hong Kong dollars, Jiashi Ethereum ETF (03179.HK/09179.HK) had a turnover of 257400 Hong Kong dollars, Boshi Bitcoin ETF (03008.HK/09008.HK) had a turnover of 186.54 Hong Kong dollars and Boshi Ethereum ETF(03009 .HK /09009 .HK )had a transaction volume of HKD512 .42.
  • 08:30
    Researcher: The spot bull market is robust, and 40% of the options will expire next month
    Bitget news, Adam, a macro researcher at Greeks.live, shared the options delivery data for November 29 on platform X. 98,000 BTC options expired with a Put Call Ratio of 0.84 and the biggest pain point being $80,000 USD; its nominal value was $94.8 billion USD. Also, 412,000 ETH options expired with a Put Call Ratio of 0.75 and the biggest pain point being $2900 USD; its nominal value was $1.47 billion USD. Bitcoin's attempt to reach $100k was hindered while ETH led the market this week as altcoins rebounded in rotation. As we mentioned in yesterday's Space session too that any risks from Bitcoin’s rally ending were absorbed by Ethereum which has been steadily bullish in spot markets. This week saw over 20% of positions expiring and next month will be year-end options when about 40% of positions will expire causing significant rollovers and Christmas trading could put pressure on implied volatility. The current market atmosphere is very optimistic but institutions are cautious about replicating end-of-2020 trends hence making option markets more prudent.
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