Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry
Bitcoin’s surge to $67,000 has given bulls an advantage in Friday’s $1.8 billion BTC options expiry. Go to Source Powered by WPeMatico
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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 … Read more
Traders celebrate Bitcoin’s impending ETF, but options markets are less certain
Everyone is cheering for the BTC ETF, but options markets data shows that the implied probability for Bitcoin trading above $70,000 on Oct. 29 is just 25%. Go to Source Powered by WPeMatico
Bitcoin price is correcting, but what does futures data show?
BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021. Go to Source Powered by WPeMatico
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price. Go to Source Powered by WPeMatico
Bears aim to pin Bitcoin price below $46K leading into Friday’s $3B BTC options expiry
This week’s price action shows Bitcoin bulls were a bit overzealous about Friday’s $3 billion BTC options expiry. Go to Source Powered by WPeMatico
Matrixport Launches ‘BTC-U Range Sniper’ — Returns Up to 200% for Accurate Predictions
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders … Read more
Here’s how Bitcoin options traders might prepare for a BTC ETF approval
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility. Go to Source Powered by WPeMatico
Derivatives data shows Ethereum traders positioned to extend the ETH rally
Derivatives data and strong fundamentals back retail and professional traders’ bullish stance on ETH price. Go to Source Powered by WPeMatico
Ethereum price drops below $3K, but ETH options data reflects optimism
$430 million in ETH options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term. Go to Source Powered by WPeMatico
