derivatives

Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday

Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average …

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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 …

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LedgerX exchange launches physically settled Bitcoin mini futures

LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled Bitcoin (BTC) futures contracts. This allows investors to receive physical delivery of BTC and some analysts believe this will amplify the impact on the price of BTC. XBT/USD daily chart. Source: TradingView.com How physical delivery may impact Bitcoin price? When Bakkt first launched with …

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Chainlink to Provide Data for Farming Insurance Startup Arbol

Data provider Chainlink will provide decentralized weather data for insurance startup Arbol, according to a blog shared with CoinDesk. Arbol provides crop insurance for small to medium sized farmers or enterprises. Smart contracts pay out claims to subscribers when a preset value – such as the average monthly temperature or rainfall – turns out different …

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Spot Markets Target Top-Tier Exchanges While Derivatives Gain Market Share

CryptoCompare’s cryptocurrency Exchange Review for July 2020 has recently been published, giving an insight into last month’s exchange volume data and trends. Key points of interest include a flippening of sorts in the spot market, with the majority of volume now being traded on top-tier rather than lower-tier exchanges, and derivatives continuing to make ground …

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ETH Options Data Suggest $500 Ethereum Price is Closer Than It Seems

Open interest on Ether (ETH) futures grew by 250% over the past three months to reach $1.7 billion. This incredible build up occurred as the cryptocurrency broke the $400 resistance to reach its highest levels in two years. ETH futures open interest in USD terms. Source: Skew Unfortunately, there is no way to ascertain whether …

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Ethereum Price Hits 2-Year High as ETH Futures Open Interest Tops $1.5B

Today the price of Ethereum’s Ether (ETH) hit a two-year high according to data from crypto trading terminal Crryptowatch. Despite the breakout to $445, open interest on ETH futures remains steady at a new record high of $1.5 billion. ETH-USD 4-hour chart. Source: TradingView.com The record high open interest on ETH futures hints that traders …

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Some Traders Now Taking Bets Ether Will Break $1K by December

Deribit has started listing ether (ETH) options with strikes above $1,000, and some traders are now betting the cryptocurrency will reach that price by year’s end. Over 3,470 contracts – worth $1.3 million – of ETH 1,120 call options have been traded for December 2020 and March 2021 expiry this month. These trades were executed …

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