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ChainCatcher news, Greeks.live posted on the X platform stating that bitcoin options expiry data shows 32,000 bitcoin options expiring, Put Call Ratio at 1.69, maximum pain point at $69,000, with a notional value of $2.3 billions; 184,000 ethereum options expiring, Put Call Ratio at 0.85, maximum pain point at $1,950, with a notional value of $380 millions.

ChainCatcher news, according to PRNewswire, Nasdaq-listed company YY Group announced the official launch of its bitcoin treasury strategy, designating bitcoin as the primary reserve asset on its balance sheet to achieve capital preservation, balance sheet diversification, and its commitment to long-term shareholder value creation. It is reported that the company will allocate part of its excess cash reserves to bitcoin and hold it for the long term.

The firm currently maintains an "outperform" rating for Broadcom, with a target price of $425. It specifically notes that Broadcom has not yet begun to expand production based on major contracts signed with Anthropic, an unnamed fifth largest client, and OpenAI, as well as order commitments for Google TPU. The firm expects Broadcom's revenue growth to accelerate significantly in the coming quarters, with second quarter revenue guidance suggesting a year-on-year increase of 47%, far exceeding the actual 29% growth in the first quarter. The firm anticipates that during the delivery period for new orders in the fourth quarter, revenue may increase by nearly 100% year-on-year, before declining in the next fiscal year. On an annual basis, Broadcom is expected to achieve a 67% year-on-year revenue growth rate in the current fiscal year.