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Bitunix expands TradFi perpetual contracts, adding S&P 500, Nasdaq 100, and Crude Oil

3 hours ago

March 25: Bitunix officially launched three USDT-margined perpetual contracts: SPY (S&P 500 ETF), QQQ (Nasdaq 100 ETF), and CL (Crude Oil), with up to 20x leverage. With these new additions, Bitunix’s TradFi segment now covers 14 traditional asset classes—including stock indices, commodities, tech blue chips, and crypto-related stocks. Users can trade cross-market derivatives on a single platform, no traditional brokerage account required.
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GameStop has collateralized 4709 BTC with Coinbase for a covered call option strategy

On March 25, BitcoinTreasuries.NET reported that GameStop—the video game retailer—pledged 4,709 of its 4,710 held bitcoins as collateral, depositing the assets with Coinbase to execute a covered call option strategy.

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If BTC continues to rise to $72,100, the on-chain second largest short position of 46.4 million will face partial liquidation.

On March 25th, Hyperinsight Monitoring (via its Telegram channel @HyperInsight) reported that the second-ranked bear whale on Hyperliquid (address 0xedf) added to its BTC short position in the past hour—roughly 150 BTC, worth ~$10.7 million. Following this addition, the whale’s total short position on Hyperliquid now stands at $46.6 million, with its average entry price lowered from $70,595 to $70,274. Current unrealized losses sit at $520,000 (a ~45% drawdown), and its liquidation price is $72,118. Shortly after increasing the position, the address placed stop-loss and take-profit orders: - A partial position reduction will trigger if BTC rises to the $71,480–$72,420 range; - If BTC falls back to $69,650, the whale plans to take profit on 70% of the position, with the remaining 30% targeting $63,500 for full profit.

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This Friday, cryptocurrency options will face quarterly expiration. BTC max pain at $75,000, ETH max pain at $2,350

March 25 (this Friday) will see the quarterly expiration of cryptocurrency options, marking the largest open interest expiration date in the current market. - Bitcoin (BTC) options: ~$14.16 billion in value, with a max pain of $75,000 - Ethereum (ETH) options: ~$2.2 billion in value, with a max pain of $2350

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Pakistan has submitted US proposal to Iran, meeting place not yet decided

March 25 — Reuters: A senior Iranian official stated Pakistan has forwarded a U.S.-proposed plan to Iran, but no venue has been set for Iran-U.S. talks aimed at ending the war. ### Notes on alignment with U.S. English/News Style: 1. **Date + Source Lead**: Uses a dash (common in U.S. wire service briefs) to link date and source (Reuters) for clarity. 2. **Conciseness**: Replaces "has not yet been determined" with "has been set" (shorter, more active for news); condenses "talks between Iran and the United States to end the war" to "Iran-U.S. talks aimed at ending the war" (compact, fits brief format). 3. **Formal Tone**: "Stated" (vs. "said") aligns with U.S. news coverage of diplomatic sources; "forwarded" (vs. "submitted") feels more natural for a third-party passing a proposal. 4. **Standard Abbreviation**: "Iran-U.S." (common in U.S. media for brevity in briefs).

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Bitget Stock Contract adds EWT and KWEB, supporting up to 25 times leverage

March 25 — Bitget announced today that its equities futures contracts section has launched trading for two popular core Asian tech assets: EWT (iShares MSCI Taiwan ETF) and KWEB (KraneShares CSI China Internet ETF), in response to market demand. These contracts support up to 25x leverage; for details, visit the official Bitget platform.

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U.S. Representative Calls for Removal of Trump from Presidency

March 25 — U.S. Rep. Alexandria Ocasio-Cortez (D-N.Y.) officially called to invoke the 25th Amendment to the U.S. Constitution to remove President Donald Trump from office. The 25th Amendment states that if the President is unable to carry out the powers and duties of the office, the Vice President shall serve as acting President.

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