According to Lin, the Asia-Pacific Business Manager of the cryptocurrency options exchange Deribit, this Friday (29th) will witness the largest Bitcoin (BTC) options expiration in history, with a notional value of $9.45 billion and a put-to-call ratio of 0.82. The maximum pain point is at $50,000. Lin added that the data for this maximum pain point has become distorted due to the significant surge in the past few months.
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
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