Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.
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Category: BTC derivatives
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Bitcoin’s $6.1 billion options expiry was not enough to break the bearish sentiment
Bulls had a 90% higher open interest coming into Dec. 31 options expiry but bears managed to balance the scales at $47,175.
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BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22. While Binance commands $5.81 billion and leads the pack, CME Group holds the second-largest position in terms of bitcoin futures open interest (OI) with $4.1 billion or 16.84% of the aggregate OI. Top Ten […]Powered by WPeMatico
BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch
Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from the Coinbase Institutional arm Skew Analytics. Binance and FTX command the lion’s share of bitcoin futures’ open interest with 40.67% of the market. Moreover, data […]Powered by WPeMatico
These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
Correlation does not imply causation, but these 3 indicators did signal prior to Bitcoin’s recent push to $49,000.
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$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional) set to expire. 55K in Bitcoin Option Set to Expire, Deribit Carries […]Powered by WPeMatico
Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December
This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017. On September 14, researchers from the data […]
The post Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December appeared first on Bitcoin News.
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