OKX will launch DEGENUSDT, SLERFUSDT, and ARKMUSDT perpetual contracts

According to a report by South Korean Economic Television, the financial regulatory agency in South Korea has not only banned the issuance of cryptocurrency ETFs for spot and futures products, but also rejected funds investing in cryptocurrency companies, including exchanges. The head of an asset management company stated that their proposal to establish a fund to invest in cryptocurrency companies was rejected by the country's Financial Supervisory Authority. He mentioned that his company is preparing to launch an ETF focused on the US cryptocurrency exchange Coinbase and similar companies, but still needs to wait for approval from local regulatory authorities. At the same time, an official from FSS acknowledged the growing demand for Bitcoin investment, but stated that regulation will not be relaxed unless there is a change in current government policies.

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Odaily Planet Daily News: Regarding the rapid increase in trading volume after the listing of BlackRock IBIT options, Robert Mitchnick, head of digital assets at BlackRock, attended a conference yesterday and said, "Things happened too quickly. In order to enrich investor opportunities and absorb existing resources, we (BlackRock) still have a lot of work to do." The analysis pointed out that the derivative market of traditional assets can usually grow to 20 times the market value of the underlying asset. If Bitcoin derivatives follow a similar trajectory, the listing of IBIT options may greatly expand the coverage and functionality of Bitcoin related financial products. （benzinga）

OKX-ETH/USDT is currently trading at $3101.11, with a 24-hour decline of 0.67%. Please be aware of market fluctuations.

Click on the link to enter the live stream: https://meeting.tencent.com/p/6766256335 Hello everyone, I am Tony the Elder. I will be live streaming for everyone at exactly 7 pm tonight. Let's take a look at the current market trend. After breaking through 74000, Bitcoin continued to soar and hit around 94000. There hasn't been a normal retracement in this round of uptrend, but this time around 94000, a peak signal has finally appeared within four hours, waiting for the daily line to close. The strong support level of the upward channel in the following 4 hours has been touched near 93800, and it will be suppressed in the future The empty positions we currently have in our hands have been eliminated today. 92800-91500-89500 will be delivered in batches soon This market is more suitable for short-term trading of Bitcoin at 700-1500 points. I will livestream tonight to take you on short-term trading. The 4-hour triangle of Ethereum has also reached the strong support level of 3050 in the lower triangle, and now we need to pay attention to whether 3165 can effectively break through. Bitcoin advice: Since last night, we have been suggesting to continue to be bearish. Currently, we hold short positions and suggest that everyone focus on high positions. Ethereum operation suggestion: Ethereum is relatively weak, and there may be a possibility of 2880 in the future Tonight's live broadcast will bring you real-time short-term orders. Weibo account: Old Tony - c QQ group number: 965031310 Meeting number: 676-625-6335 Disclaimer: The above content only represents the author's personal views and is for communication and sharing purposes only. It does not represent the position or viewpoint of AICoin and does not constitute any investment advice or external contacts based on this. It is not related to AICoin and the consequences are borne by AICoin.