Coinbase is reportedly in advanced discussions to acquire Deribit, a major cryptocurrency derivatives exchange known for trading Bitcoin and Ether options. This strategic move would enhance Coinbase’s existing derivatives platform, which currently focuses on futures contracts. Both companies have informed Dubai regulators about the potential deal, which could value Deribit between $4 billion and $5 ...
CME Group is set to launch options on Bitcoin Friday futures starting February 24, pending regulatory approval. These new financial contracts will be the first of their kind, with expirations from Monday to Friday. The Bitcoin Friday futures have proven highly successful, with over 775,000 contracts traded since their launch in September 2023. Giovanni Vicioso, ...
Crypto markets are preparing for the expiration of nearly $4 billion in Bitcoin and Ethereum options today. Bitcoin options have a notional value of $3.19 billion, with a put-to-call ratio favoring calls, indicating bullish sentiment. The maximum pain point for BTC is set at $100,000, suggesting losses for many option holders if prices remain below ...
Today, crypto markets are seeing nearly $4 billion in Bitcoin and Ethereum options set to expire. This is significant as it could affect Market trends in the short term, especially given the volume of these contracts. For Bitcoin, options worth $3.19 billion are expiring, with many traders favoring purchase options over sales. Ethereum has 173,830 ...
Today, around 31,000 Bitcoin options worth $3.19 billion are set to expire, reflecting significant Market activity. The put-call ratio stands at 0.48, with a maximum pain point at $100,000. Bitcoin’s price remains above $100,000, amid speculation about its potential as a reserve asset for the U.S. government. Policy changes under the new Trump administration may ...
A recent analysis hints that as Bitcoin prices decline towards the end of the year, it could spark a rally in altcoins. A significant expiration of $20 billion worth of Bitcoin and Ethereum options is expected this Friday, which is raising Bitcoin’s volatility. While Bitcoin struggles below $100,000, there may be a shift of investment ...
Recent analysis indicates that a decline in Bitcoin prices by the year’s end could spark an altcoin rally. A virtual asset management firm, QCP Capital, highlighted that $20 billion in Bitcoin and Ethereum options will expire soon, contributing to increased volatility in Bitcoin. As it struggles to break past the $100,000 mark, the potential for ...
