As Bitcoin Eyes $80K, Futures Premium Soars and $1.6B Locked in Options Bet Points to Big Moves
(Delphine Ducaruge /Unsplash)
Derivatives
Bitcoin Set for $6K-$8K Seesaw as U.S. Elections Enters Final Stretch: Analyst
While volatility is price-agnostic, recent flows in the options market suggest bullish expectations.
Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork
Initially, Kalshi’s feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.
The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market
The low pricing seems consistent with stable and rangebound implied volatility.
Institution Takes $25M Hedge Bet on Derive’s Bitcoin Options Market as U.S. Election Looms
The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.
Arkham’s Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.
XRP’s ‘Bearish Skew’ Persists Amid 10% Price Slide Following SEC Appeal and ETF Filing
Just as optimism was about to surge, clouds rolled in, pushing prices lower.
U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO
The U.S. crypto market will “bifurcate from the rest of the world” said Stephan Lutz, CEO of crypto exchange BitMex, in an interview with CoinDesk.
Leverage in the Bitcoin Market Is Increasing Again as $58.5K Becomes Key Level
High-leverage liquidity in bitcoin is concentrated at around $58,500, according to Hyblock Capital.
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release.