Articles for tag: cryptocurrency exchange, derivatives trading, Digital Assets, EU License, institutional investors, MiFID II, OKX

Market News

OKX Achieves MiFID II License in Europe, Strengthening Its Position in the Crypto Exchange Market

Cryptocurrency exchange OKX has secured an important license from the European Union, allowing it to offer derivatives trading products across the region. This license, known as the Markets in Financial Instruments Directive (MiFID II), is crucial for providing services to institutional investors. The announcement comes on the heels of OKX obtaining preauthorization under the Markets ...

Market News

BlackRock Bitcoin ETF Put Options Surge at $30 and $35 Price Points Amid Increased Trading Volume

Recent trading activity in put options linked to BlackRock’s Nasdaq-listed spot bitcoin ETF (IBIT) has raised eyebrows, as over 13,000 contracts of the $30 out-of-the-money put option changed hands. This could suggest bearish sentiment, but experts believe that many Market participants are using a strategy called “cash-secured put selling.” Instead of betting against the ETF, ...

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