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Bitcoin bulls place $50k option bets ahead of EFT vertict

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7 months ago

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Investors are ramping up their bets on Bitcoin, hedging their positions with $50,000 call options in anticipation of a critical decision regarding Bitcoin exchange-traded funds.

As the crypto market continues to evolve and mature, the impending verdict on the ETF is drawing significant attention from both institutional and retail investors.

The call options, which grant investors the right to buy Bitcoin at a predetermined price of $50,000, are seen as a strategic move to protect against potential volatility stemming from the ETF decision.

This proactive approach allows investors to secure their positions while still benefiting from potential upside if the ETF gets approved.

The Bitcoin ETF decision, expected in the coming weeks, has the crypto community abuzz with speculation.

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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Warner Brothers & Discovery considers splitting up to boost stock value

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1 week ago

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July 19, 2024

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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1 week ago

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July 18, 2024

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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1 week ago

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July 18, 2024

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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