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Ether options open interest concentrates at $5,000 calls for end-of-June expiry
Ether options open interest concentrates at $5,000 calls for end-of-June expiry

Analysts said open interest in ether options is concentrated at $5,000 calls expiring at the end of June.They added that this indicates a bullish outlook, with traders using call spreads between $4,000 and $5,000 to position for potential price rises.

The Block·2024/05/31 10:07
Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)
Bitcoin (BTC) Stopped Ahead of $70K, Pepe (PEPE) Resumes Bull Run (Market Watch)

JASMY, BEAM, and ORDI are the top gainers from the largest 100 altcoins today.

Cryptopotato·2024/05/31 09:28
Flash
01:42
Ansem: Pessimism has reached an extreme level, and entering Bitcoin now is a good trading opportunity.
BlockBeats news, on June 26, crypto KOL Ansem reiterated in a post the long-term investment logic for Bitcoin, stating that despite previously holding a bearish stance, the current price presents a good buying opportunity. He pointed out that the core narrative of Bitcoin as the hardest form of money remains unchanged—immune to government confiscation, allowing instant cross-border transfers, and not affected by the long-term depreciation of the US dollar, making it an ideal vehicle for long-term wealth preservation. The fact that gold outperformed Bitcoin between 2024 and 2025 once caused the "digital gold" narrative to falter, but he believes that as soon as price momentum picks up again, market confidence will be restored. On the macro level, Ansem believes that as the Strait of Hormuz reopens and inflationary pressures are expected to ease, the Fed's hawkish stance may be close to its peak. At that point, Waller and the Federal Reserve will have room to cut interest rates instead of continuing to raise them; the strength of the US dollar and rising rates have put pressure on gold, but if profits from AI stocks are cashed out and flow into real estate, cash, and long-term value-preserving assets, both gold and Bitcoin will benefit; institutional investors such as Paul Tudor Jones remain interested in Bitcoin. Previously, Ansem admitted that he was bearish on Bitcoin due to Saylor's (founder of Strategy) position risk and once believed it would be difficult for Bitcoin to hold above $60,000, but he says he is now responding to signals for buyers to enter. He noted that the current price action has already priced in the worst-case scenario of Saylor being forced to sell, and even if Saylor does need to sell, it would not happen for at least another six months. He concluded that Bitcoin is currently at the intersection of long-term historical support and the most pessimistic market sentiment he has seen personally, and entering the market at the beginning of Q3 is a trading opportunity worth paying attention to.
01:42
A new address once again withdrew 1.35 million USD worth of ETH and 2.87 million USD worth of HYPE from FalconX.
Foresight News reports, according to monitoring by @ai_9684xtpa, a certain new address has withdrawn $1.35 million worth of ETH and $2.87 million worth of HYPE from FalconX again after a week. Currently, this address holds ETH worth $14.5 million and HYPE worth $9.61 million, with average withdrawal prices of $1,691.58 and $66.5 respectively, resulting in a cumulative unrealized loss of $1.792 million.
01:41
The U.S. Department of Transportation plans to eliminate the requirement for brake pedals on Robotaxis, potentially removing regulatory barriers for Tesla and Waymo.
Glonghui June 26th|The US Department of Transportation plans to amend the Federal Motor Vehicle Safety Standards (FMVSS) through the National Highway Traffic Safety Administration (NHTSA), proposing that vehicles designed for fully autonomous driving will no longer be required to be equipped with brake pedals dedicated to human drivers. Current US regulations mandate that cars retain traditional manual control devices, making it difficult for dedicated self-driving models without steering wheels or pedals to be approved for market entry. Experts believe this move aims to remove regulatory barriers and lower the legal threshold for the large-scale deployment of robo-taxis such as Tesla Cybercab and Waymo. NHTSA stated that this proposal is part of modernizing vehicle safety standards, and more related adjustments may be introduced in the future. However, whether requirements for other equipment, such as steering wheels, will also be eased remains undecided. NHTSA emphasized that removing the brake pedal requirement does not mean relaxing braking safety standards, as strict regulations on braking distance and other performance requirements must still be met.
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