Bitcoin options with a nominal value of $14 billion expired today, and after closing, Bitcoin briefly broke through $97,000, showing resilience. According to Bitcoin's correlation with the Global Liquidity Index, Bitcoin is likely to reach a "partial top" above $110,000 in January, followed by a potential correction. (Cointelegraph)
On November 21st, according to Deribit data, the notional value of $2.639 billion BTC option will expire tomorrow for delivery, with a Put/Call Ratio of 1 and a maximum pain point of $85,000. In addition, the notional value of $459 million ETH option will expire tomorrow for delivery, with a Put/Call Ratio of 0.67 and a maximum pain point of $3,000.
Deribit data shows that the notional value of about $3.552 billion BTC options and $1.264 billion ETH options contracts will expire on Friday (August 30); the largest pain point price of BTC is $62,000, and the largest pain point price of ETH is $2,800.
The Securities Exchange Commission (SEC) today filed settlement charges against Plutus Lending LLC, which does business under the Abra name, for failing to register the offer and sale of its retail crypto asset lending product, Abra Earn. The SEC also alleged that Abra operated as an unregistered investment company. According to the SEC complaint, Abra Earn allows U.S. investors to bid on its cryptoassets.