Bitcoin rebounded from an OKEx-related drop; ether options traders may be beacon chain bearish. Bitcoin (BTC) trading around $11,327 as of 20:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours. Bitcoin’s 24-hour range: $11,199-$11,623 BTC below its 10-day moving average but above the 50-day, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Oct. 14. Source: TradingView Bitcoin’s price moved as high as $11,623 late Thursday/early Friday but trades at that height were short-lived. Spot traders punched the sell button around 04:00 UTC (12:00 a.m ET) on the news that Malta-based exchange OKEx suspended withdrawals due […]
Options
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Bitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September. Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours. Bitcoin’s 24-hour range: $11,186-$11,598 BTC is above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Oct. 9.Source: TradingView After a flat weekend that saw the world’s oldest cryptocurrency stick to a tight $11,300-$11,400 range, bitcoin’s price jumped Monday as high as $11,598 before settling to $11,552 as of press time. Read More: […]
The largest U.S. regulated market for bitcoin futures has been sounding out cryptocurrency traders to gauge their interest in a listing of futures and options on the Ethereum blockchain’s native tokens. Source link
Bitcoin is making gains Friday while ether options traders on the Deribit exchange love $400 strikes. Bitcoin (BTC) trading around $10,050 as of 20:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $10,834-$11,111 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Oct. 7.Source: TradingView Bitcoin’s price is making gains Friday, rising as high as $11,111 on spot exchanges such as Coinbase before settling to $10,050 as of press time. David Lifchitz, chief investment officer for quant trading firm ExoAlpha, says another rally could occur […]
Bitcoin is flashing green as Square converts some of its cash to crypto while ether options traders are making lots of bets for December expiration. Bitcoin (BTC) trading around $10,890 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,532-$10,962 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Oct. 6.Source: TradingView Bitcoin’s price popped Thursday, led higher almost immediately following the announcement that payments firm Square had invested $50 million to purchase 4,709 BTC. The development pushed the price per 1 BTC […]
Trading volumes for CME bitcoin options surged as traders made bull call spreads, anticipating a rally. Source link
The MakerDAO community has voted to add support for a trio of new tokens for the decentralized finance (DeFi) loans that generate DAI stablecoins. Vaults are now open for deposits of Chainlink’s LINK, Loopring’s LRC and Compound’s COMP. Community members pitched proposals to add the tokens this summer and voted for their integration via Maker’s on-chain governance platform this week. Counting this new crop of collateral options, MakerDAO has added 11 new DAI vault pairs this year. The other tokens, MANA, WBTC, ZRX, KNC, TUSD, PAX, USDC and USDT, were added partly in response to DAI losing its $1 peg, as […]
An early rally Monday almost pushed bitcoin over $11,000; the ether options market expects volatility in the short term. Bitcoin (BTC) trading around $10,874 as of 20:00 UTC (4 p.m. EDT). Gaining 1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,705-$10,956 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since September 26. (TradingView) Bitcoin’s price mostly traded around $10,800 Monday, after a rally at 00:00 UTC (8 p.m. EDT Sunday) that pushed the world’s oldest cryptocurrency as high as $10,956 before losing steam. Bitcoin traded at $10,874 as of press […]
Bitcoin had a small rally Thursday. Meanwhile, the ether options market is giving some investors protection from decentralized finance downsides. Bitcoin (BTC) trading around $10,653 as of 20:00 UTC (4 p.m. EDT). Gaining 3.3% over the previous 24 hours. Bitcoin’s 24-hour range: $10,135-$10,736. BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since September 22. (TradingView) Bitcoin’s price made gains Thursday as the world’s oldest cryptocurrency began a modest rally at around 15:00 UTC (11 a.m. EDT). It jumped $343 to as high as $10,736 in just two hours on spot exchanges […]
The November U.S. presidential election could be contentious, yet the bitcoin market is pricing little event risk. Analysts, however, warn against reading too much into the complacency suggested by the volatility metrics. Bitcoin’s three-month implied volatility, which captures the Nov. 3 election, fell to a two-month low of 60% (in annualized terms) over the weekend, having peaked at 80% in August, according to data source Skew. Implied volatility indicates the market’s expectation of how volatile an asset will be over a specific period. Bitcoin’s expected volatility over the next few months, as implied by the options market, has been falling. Source: […]
https://cdn1.img.sputniknews.com/img/107862/10/1078621084_0:318:3074:2048_1200x675_80_0_0_fc2b7f6a8a025a7042a4e2dbfe508891.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009191080509352-playboy-reportedly-considering-options-to-return-to-stock-market/ In March, media reported that the magazine was suspending its print publication partly due to the coronavirus pandemic but also due to a drop in print magazine sales. Playboy Enterprises is now developing a strategy for print Playboy’s comeback, Reuters reported on Friday, citing people familiar with the matter. The possible options include a merger with a special purpose acquisition company (SPAC), and Playboy is now seeking to initiate discussions with a potential buyer, the sources added. Among the blank-check companies Playboy has reportedly reached out to is Mountain Crest. Print Playboy’s sales have been […]
PowerTrade is a new mobile-based cryptocurrency options trading platform set to launch this year. Source link
Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours. Bitcoin’s 24-hour range: $10,662-$11,099 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Sept. 14.Source: TradingView Bitcoin hit as high as $11,099 on exchanges such as Coinbase Wednesday after the U.S. Federal Reserve announced it was keeping interest rates near zero until maximum employment is achieved. The price lost […]
Bitcoin’s options market retains long-term bullish bias despite the recent price pullback, data shows. Source link
Ether option contracts listed on Deribit, the largest crypto options exchange, are more popular than ever. Source link
Huobi Futures will offer bitcoin options starting Tuesday, aiming to meet demand from traders for ways to hedge against risks in crypto markets. Source link
Growing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform will eventually gain traction. Trading volumes for physically settled bitcoin futures on Bakkt rose to $134 million on Tuesday from a previous high of $132 million on July 28, according to crypto derivatives data firm Skew. Bakkt went live last September. Bakkt open interest and volume.Source: Skew “The market recognizes the value that a regulated physically delivered bitcoin future offers for hedging and risk management and speculation,” […]
The bitcoin market bottomed out around $11,100 before bouncing back; DeFi continues an upward trend, garnering interest from traders and perhaps creating new ones. Bitcoin (BTC) trading around $11,467 as of 20:00 UTC (4 p.m. ET). Gaining 1.2% over the previous 24 hours. Bitcoin’s 24-hour range: $11,102-$11,593. BTC above its 10-day moving average but below the 50-day, a sideways-turning-bullish signal for market technicians. Bitcoin trading on Coinbase since Aug. 24.Source: TradingView Bitcoin’s price was able to hold above $11,100 Wednesday, going as low as $11,102 before jumping as high as $11,593. Read More: Bitcoin Drop Squeezes Out Weak Derivatives Positions Katie […]
Bitcoin traders are hitting the sell button Friday while the ether options market loads up on lower prices. Bitcoin (BTC) trading around $11,674 as of 20:00 UTC (4 p.m. ET). Slipping 1.4% over the previous 24 hours. Bitcoin’s 24-hour range: $11,605-$11,892. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since August 19.Source: TradingView Read More: Bitcoin Options Open Interest Nears All Time High After holding around $11,800 Thursday into Friday, bitcoin started to slide downward around 08:00 UTC (4 a.m. ET), dropping to a 24-hour low of $11,605. Spot volumes were […]
While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further. Source link
A late July daycare drop off in Queens, N.Y., during the community’s “phase 4 reopening” of businesses amid the COVID-19 pandemic. Lindsey Nicholson/Education Images/Universal Images Group via Getty Images hide caption toggle caption Lindsey Nicholson/Education Images/Universal Images Group via Getty Images A late July daycare drop off in Queens, N.Y., during the community’s “phase 4 reopening” of businesses amid the COVID-19 pandemic. Lindsey Nicholson/Education Images/Universal Images Group via Getty Images Pre-pandemic, about half of U.S. families reported having trouble finding care for a young child. That number jumped to nearly two thirds this spring, as daycares closed and other caretakers, such […]
SDI Productions/Getty Images SDI Productions/Getty Images Kirk Gallegos is a single father of four. He works construction in Barstow, Calif. Prudence Carter is a single mother of one. She’s the dean of the Graduate School of Education at the University of California, Berkeley. Both of them share the same problem with tens of millions of other parents around the country: Their public schools aren’t operating full time in-person this fall. And the rest of the child care system, which had been stretched even before the pandemic, is itself under pressure. The child care sector consists for the most part of small […]
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options. Source link
The likelihood of bitcoin challenging 2017’s record high by the end of this year may have just nudged up – but don’t raise your hopes too high just yet. Source link
Less than 0.2% of Friday’s daily options trading happened on CME, according to data from Skew. Source link
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 also less vulnerable to manipulation or sudden price swings compared to altcoins, most of which are based on Ethereum’s blockchain. However, that pricing situation may change during the third quarter, according to options market data. The spread between the three-month at-the-money implied volatility for Ethereum’s ether (ETH) token and bitcoin pair, […]
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 turn for the worse in the next few days. “We’re excited to launch @compoundfinance COMP put options! You can protect yourself if COMP falls to $150 or lower before July 3rd,” Opyn’s official handle tweeted early Friday. Several hours later, Universal Market Access (UMA) announced it is creating the ability to […]
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 trade-offs from a range of options for an early rendezvous test for the spacecraft on its first crewed mission, such as what the rendezvous target would be and where in the mission the demonstration would take place. Taking another look at Artemis 2 mission objectives is a part of a recent […]
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 26 across major exchanges – Deribit, CME, Bakkt, OKEx, LedgerX – according to data provided by the crypto derivatives research firm Skew. Options open interest by expirySource: Skew Options are derivative contracts that give buyers the right but not obligation to buy or sell the underlying asset at a predetermined price […]
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 p.m. Thursday ET), bitcoin was changing hands around $9,368 on spot exchanges such as Coinbase. It slogged around a tight range between $9,280 and $9,428 during the preceding 19 hours. Its price is now below its 10-day and 50-day moving averages – a bearish signal for market technicians who study charts. […]
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 to rapidly growing interest by institutional investors in trading regulated bitcoin derivatives products. Despite this growth, however, CME Group “has no plans to introduce additional cryptocurrency products,” a spokesperson told CoinDesk. Thus for now, CME Group’s cryptocurrency products will only involve bitcoin. CME, which launched its bitcoin options product only at […]
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 is changing hands near $9,080, representing a 2.7% decline on the day. Prices hit a three-week low of $8,910 during the early European trading hours, according to CoinDesk’s Bitcoin Price Index. Meanwhile, futures tied to the S&P 500 are down over 2.5% and major Asian and European equity market indices are […]
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 2,000 smart vending machines now accept cryptocurrency. The machines running the bitcoin transactions are owned by Coca-Cola Amatil, a regional bottler and distributor of Coca-Cola products. While the Atlanta-based soft drink producer is a major shareholder in the distributor, the two are separate companies. Transactions are conducted via New Zealand-based Centrapay […]
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. Several former British diplomats have commented on the possible implications of the presidential election in the US on the UK, revealing that the victory of either of the two candidates will bear bad news for London. In comments made for Cambridge University’s Centre for Geopolitics, several diplomats highlighted the destructive role […]
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. Options are derivative contracts, which give the buyer the right, but not obligation to buy or sell the underlying asset at a predetermined price on or before a specific date. While a call option represents a right to buy, a put option gives the holder the right to sell. The mark […]
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 crypto derivatives research firm Skew. The data takes into account open interest at leading derivatives exchanges Deribit, OKEx, CME, LedgerX and Bakkt. Notably, the ratio has declined sharply from 0.81 to 0.43 over the last four weeks. “The put-call ratio can gauge the overall sentiment of traders and the lower ratio […]
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, marking a 460% increase from $24 million seen on March 24, according to data provided by crypto derivatives research firm Skew. In ether (ETH) terms, there were 547,000 option contracts open on Monday, a record high. Meanwhile. daily trading volume rose to a new lifetime high of $24 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 company, Moderna, one of the leading companies in the race for a vaccine and the first to enter a vaccine into clinical trials. Slaoui’s ownership of 156,000 Moderna stock options, disclosed in required federal financial filings, sparked concerns about a conflict of interest. Democratic Massachusetts Senator Elizabeth Warren called Slaoui out […]
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 same day, daily options trading volume on the CME jumped to $17 million, surpassing the lifetime high of $9.9 million set on May 6, according to data provided by crypto derivatives research firm Skew. Notably, volume has continued to grow ever since. On Tuesday, the CME set a new record of […]
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 on Feb. 14, according to crypto derivatives research firm Skew. The metric has increased sharply from the low of $410 million observed in March when the bitcoin market crashed on so-called “Black Thursday.” Source: Skew Deribit, the world’s biggest crypto options exchange by volume, contributed nearly 90% of the total on […]
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 since the crypto derivatives research firm Skew began tracking the data 18 months ago. Three-month implied volatility-realized volatility spreadSource: Skew The spread turned negative in March and has continued to drop ever since. “Historically, RV has been lower than IV for bitcoin over the last 18 months, except for a short […]