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15:11
Trump family crypto project World Liberty Finance deposits 235 million WLFI to an exchange
PANews, February 16—According to monitoring by Onchain Lens, the Trump family crypto project World Liberty Finance deposited 235 million WLFI, worth approximately $24.13 million, into a certain exchange.
15:09
Analysis: Gold Bulls Unfazed by Historic Pullback, Increase Bets on Long-Term Gold Call Options
PANews, February 16—According to Golden Ten Data, some staunch gold bulls remain unfazed by the historic pullback in precious metals and still expect gold prices to soar to unprecedented levels. At the end of January, New York gold futures prices briefly broke through a record high of $5,600 per ounce, but suffered an unprecedented plunge the following day. During this period, one or more investors began buying December-expiring call spread contracts with strike prices of $15,000/$20,000 on the New York Mercantile Exchange (COMEX), a subsidiary of the Chicago Mercantile Exchange. Even after gold prices consolidated around $5,000, this position continued to increase and has now reached about 11,000 contracts. “After a technical pullback, seeing so many deep out-of-the-money call spread open interest is truly surprising,” said Akash Doshi, Head of Global Gold and Metals Strategy at State Street Global Advisors. “Some traders may see this as a cheap lottery ticket opportunity.”
15:09
Analysis: Gold Bulls Unfazed by Historic Pullback, Increase Bets on Long-Dated Gold Call Options
PANews, February 16th—According to Jinse Finance, some steadfast gold bulls remain unfazed by the historic pullback in precious metals and still expect gold prices to soar to unprecedented levels. At the end of January, New York gold futures prices briefly broke through a record high of $5,600 per ounce, but suffered an unprecedented plunge the following day. During this period, one or more investors began buying December-expiring call spread contracts with strike prices of $15,000/$20,000 on the New York Mercantile Exchange (COMEX), a subsidiary of the Chicago Mercantile Exchange. Even after gold prices consolidated around $5,000, this position continued to increase and has now reached about 11,000 contracts. “After a technical pullback, seeing so many deep out-of-the-money call spread open interest is truly surprising,” said Akash Doshi, Head of Global Gold and Metals Strategy at State Street Global Advisors. “Some traders may view this as a cheap lottery ticket opportunity.”
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