Ethereum options volume hits record high—but why is demand surging? | CryptoSlate

The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks. It follows the high-profile confirmation of Eth2 release, which was formalized after deposits to the Eth2 contract address reached its threshold.

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Ethereum options volume hits record high—but why is demand surging? | CryptoSlate

The volume of the Ethereum options market hit a record high as the demand for ETH increased in recent weeks. It follows the high-profile confirmation of Eth2 release, which was formalized after deposits to the Eth2 contract address reached its threshold.

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China to Airdrop $3M Crypto Ahead of Chinese Black Friday | Crypto Briefing

Key Takeaways

Suzhou will give away 20 million yuan worth $3 million in the new central bank digital currency.
Suzhou citizens will receive the funds via lottery in amounts of around $30.
Citizens can register for the lottery between Dec. 5 and Dec. 6.

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Bitcoin Market Cap Headed to $1 Trillion in 2021, Says Bloomberg | Crypto Briefing

Key Takeaways

Bloomberg analysts have forecast Bitcoin’s price reaching as high as $50,000 in 2021.
The summary argues that Bitcoin has cemented a support level at $10,000.
Supply crunch will also ensure keep prices high, according to the report.

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The YFI bull case: why some researchers are becoming more optimistic on Yearn.finance | CryptoSlate

In recent weeks, Yearn.finance, the decentralized finance (DeFi) giant valued at $854 million, made major acquisitions of other DeFi projects. The aggressive acquisitions and mergers have buoyed the overall market sentiment around YFI.

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