Bitcoin Expiry Passes as Remittix Launches BINANCE500 Rewards
The major Bitcoin options expiry on September 25 has passed without incident, marking a turning point for market analysts to focus on new catalysts. Approximately $14 billion to $16 billion in BTC options were scheduled to expire, but the actual figure was roughly $15.6 billion according to Deribit positions.
With the settlement behind us, investors can now look to where buyers and sellers will reposition after the event, rather than worrying about the expiry's potential impact. As Bitcoin trades near $85,000 on September 27, a useful forecast for the cryptocurrency's price asks whether spot buying and longer-term allocations can sustain its advance.
Remittix is another story altogether, with its PayFi project announcing a seven-day BINANCE500 bonus campaign after passing $32 million in presale funding. The company's goal is to make crypto more useful for bank-bound payments, exchange activity, and eventually earning in a single wallet. With over 40,000 participants and a hard cap of $36 million, Remittix's case relies on building a complete financial routine for users.