Record $6.5B Bitcoin options open interest follows BTC all-time high
Bitcoin options open interest reached a record-high $6.5 billion as investors continue to increase their optimistic long-term bets. Go to Source Powered by WPeMatico
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Bitcoin options open interest reached a record-high $6.5 billion as investors continue to increase their optimistic long-term bets. Go to Source Powered by WPeMatico
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched … Read more
Open interest for Bitcoin options almost touched $6 billion. Go to Source Powered by WPeMatico
Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely. Go to Source Powered by WPeMatico
An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity. Go to Source Powered by WPeMatico
$540 million in Bitcoin options open interest will expire on Friday and a $93 million imbalance shows bears are taking control. Go to Source Powered by WPeMatico
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin … Read more
Key derivatives indicators show pro traders remain strongly bullish even as Bitcoin price continues to reject at $19,800. Go to Source Powered by WPeMatico
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. Go to Source Powered by WPeMatico
Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. Go to Source Powered by WPeMatico