Bitcoin Maxi Says ATH Back On The Table After 40x Derivatives Surge
Bitcoin may be closing in on a new all-time high after moves in the derivatives market and fresh buying from large holders, according to market watchers and on-chain data. Related Reading: Crypto Wins Big: Thailand Moves To A 0% Tax On Local Exchange Gains Max Keiser, a long-time Bitcoin advocate, pointed to a filing by Nasdaq to increase options limits for BlackRock’s IBIT to 1 million contracts — a jump that represents roughly a 40x expansion from prior levels — as a key development that could remove barriers to bigger institutional flows. Options Market Expands Significantly According....
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