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Deribit has launched Bitcoin and Ether options tied to the 2024 U.S. elections, providing traders with tools to hedge against election-induced volatility. This move also marks Deribit's strategic expansion into Dubai, enhancing its global presence.

Amidst heightened geopolitical tensions following an incident involving Donald Trump, Bitcoin surged above $62,000, solidifying its role as a safe haven asset. Concurrently, altcoins like Ethereum, Cardano, and Solana experienced significant gains, reflecting investor diversification in the volatile cryptocurrency market.

Standard Chartered has announced the launch of a spot trading desk for Bitcoin and Ethereum to cater to the rising demand from institutional investors for secure and regulated access to digital assets. This initiative marks a significant step in integrating traditional finance with the expanding crypto market.

Tether has launched aUSD₮, a stablecoin backed by gold stored in Swiss vaults, offering a secure and transparent investment option. This move aims to enhance Tether's stablecoin offerings and meet investor demand for asset-backed digital currencies.

BlackRock has committed €100 million to Ethereum, marking a significant step in the tokenization of real-world assets. This strategic move highlights Ethereum's potential to revolutionize asset management through increased liquidity and transparency.