Bitcoin's upcoming options expiry on June 26 involves a large $10–$10.6 billion notional stack, with a max-pain price near $72K–$74K. However, this quarter-end expiry may not pin Bitcoin to that level due to negative dealer gamma positioning around $68K–$70K and significant spot Bitcoin ETF outflows, which can increase volatility and reduce the stabilizing hedging flows typically expected. Most expiring options are out-of-the-money, limiting hedging impact, and liquidity tends to thin near quarter-end, further complicating price behavior. Traders should treat max-pain as a contextual guide rather than a forecast and watch spot flows, gamma bands, and liquidity closely during expiry.
XTransfer has signed a Memorandum of Understanding with BBVA to improve cross-border payment infrastructure across Latin America, Europe, and Hong Kong. This partnership aims to leverage technology like APIs and digital platforms to enable more autom...
Murphy Automotive Partners, led by veteran analyst John Murphy, launched MAPP™, a new research platform analyzing US auto product pipelines through 2031. The report highlights a severe short-term product development slump, a shift from pure electric ...
Veteran auto analyst John Murphy launched Murphy Automotive Partners and its MAPP report forecasting US new car releases through 2031. The report highlights a deep 3-year product drought in the US market, with average vehicle age hitting a record hig...
John Murphy, a veteran Wall Street auto analyst, launched Murphy Automotive Partners and its flagship product MAPP™, which forecasts the US vehicle pipeline through 2031. The report highlights a historic low in new model introductions, leading to an ...
John Murphy, a veteran Wall Street auto analyst, launched Murphy Automotive Partners and introduced the Murphy Automotive Product Pipeline (MAPP) report. The report predicts a significant product slump in the US auto industry through 2028, with the a...
