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.
Derivatives
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.
Sygnum’s First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
(l-r) Zodia Custody CEO Julian Sawyer, Kraken MTF CEO Mark Jennings, Komainu COO Suzanne Hubble (AIM Summit)
Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up
A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade’s head of institutional sales, Bernd Sischka.