Bitcoin Holds Above $40K Ahead of U.S. GDP, $5.8B Crypto Options Expiry
Traders have scaled back bets of aggressive rate cuts by the Federal Reserve ahead of the U.S. GDP report.
Options
Ether Options Out of Sync With Bullish Sentiment on Street
The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.
Bullish Bitcoin Bets Rise as Implied Volatility Slides
Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday’s U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.
Bitcoin Traders Pare Bullish Bias as Spot ETF Deadline Nears
Bitcoin call-put skews (Amberdata)
A Record $11B Crypto Options Expiry Looms as BTC Shows Little Volatility
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts.
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market.
Bitcoin, Ether Options’ Value on Deribit Reaches Record High of $23B
Increased interest in the three-dimensional options market suggests an influx of sophisticated traders in the crypto market.
Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Guilty Plea
We have seen interest in loading up more topside with strong demand for the March 2024 expiry calls, one OTC desk said.
Bitcoin’s Options Market Has Overtaken Its Futures Market in a Sign of Growing Sophistication
The notional open interest in the global BTC options market stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.