Bitcoin may seem to be more volatile than traditional assets but in crypto markets it is considered relatively stable compared to alternative cryptocurrencies. Bitcoin (BTC) is the biggest cryptocurrency by market value. Not only is it used as the base currency of choice for trading smaller digital assets, it is […]
Options
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Decentralized finance (DeFi) protocol Compound saw its governance token, COMP, skyrocket in price when it launched last week. Now, decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts by helping holders mitigate some of the risk should COMP’s fortunes take a […]
NASA is studying the addition of an Orion rendezvous demonstration to the Artemis 2 test flight to reduce overall mission risks to the subsequent Artemis 3 lunar landing from first-time operations. The Human Exploration and Operations Mission Directorate (HEOMD) is working with its Artemis Programs to evaluate some of the […]
Bitcoin’s (BTC) derivatives continue to grow despite light spot trading over the past two months. The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday. At press time, there are 114,700 option contracts (notional value of over $1 billion) set to expire on June […]
Bitcoin spot volume may have been low this week, but the real action in crypto has been in the options market and decentralized finance. Bitcoin (BTC) was trading around $9,274 as of 20:00 UTC (4 p.m. ET), slipping 1% over the previous 24 hours. At 00:00 UTC on Friday (8:00 […]
Over a recent 30-day period, the total open interest for CME bitcoin options increased more than tenfold, from $35 million on May 11 to $373 million on June 10. Moreover, open interest made a new all-time high on six consecutive days from June 5-10. Significant growth in CME futures points […]
Bitcoin’s options market suggests Monday’s price drop could be short-lived. However, the cryptocurrency remains vulnerable to a sell-off in stocks and increased miner hoarding is a sign the market lacks strength. Bitcoin is feeling the pull of gravity on Monday alongside losses in the traditional markets. At press time, bitcoin […]
More than 2,000 vending machines in Australia and New Zealand will let customers buy a Coke with bitcoin. Coca-Cola Amatil, the Asia-Pacific bottling giant, has partnered with digital assets platform Centrapay to integrate bitcoin as a payment option from its vending machines across Australia and New Zealand. This means over […]
UK 13:18 GMT 08.06.2020Get short URL While incumbent US President Donald Trump appears to have good personal relations with Prime Minister Boris Johnson, relations between the two nations have not always fared as well, often mired in disagreements, specifically on London’s decision to allow Huawei in the country’s 5G networks. […]
Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereum’s ether (ETH) token on Thursday, ending the Panama-based Deribit’s virtual monopoly in the space. “OKEx ETH Options Contracts will be settled in ETH. Each contract’s face value of ETH/USD options is 1 ETH,” Jay Hao, CEO of OKEx, told CoinDesk. […]
Option market traders look to be placing bets for a continued upward move in bitcoin, according to a key metric. The put-call open interest ratio, which measures the number of put options open relative to call options, fell to 0.43 on Thursday – the lowest since March 24, according to […]
Derivative contracts on ether are more popular than ever, as evidenced by record open positions in options listed on the Panama-based derivatives exchange Deribit. Open interest, or the number of contracts outstanding and not yet liquidated by an offsetting trade, rose to a record high of $136 million on Monday, […]
The former pharmaceutical executive tapped by President Trump to lead the federal effort to develop a coronavirus vaccine owns stock options worth more than $10 million in a company receiving funding from that same program, Stat News reports. Until his appointment, Dr. Moncef Slaoui was on the board of the […]
Investor interest in bitcoin options listed on the Chicago Mercantile Exchange (CME) peaked to record highs in the days after the recent halving event. Bitcoin underwent its much-anticipated reward halving on Monday, at which point the reward per block mined was reduced from 12.5 to 6.25 bitcoin (BTC). On the […]
Bixin is launching a $66M fund, Massive Adoption’s Jacob Kostecki is getting sued and Filecoin is delivering physical hard drives. Source link
Open contracts on bitcoin options rose to record highs on Thursday as the cryptocurrency’s price rose into five figures. Data from major exchanges – Deribit, LedgerX, Bakkt, OKEx, and CME – shows that open interest on options rose above $1 billion, surpassing the previous all-time high of $70 million registered […]
With a key metric declining to record lows, bitcoin’s options market may be underpricing cryptocurrency’s future volatility. Analysts say the data is being distorted by “Black Thursday’s” 40% drop. The spread between bitcoin’s three-month implied volatility (IV) and historical or realized volatility (RV) fell to -47% on Wednesday, the lowest […]