Here’s how pros safely trade Bitcoin while it range trades near $40K
Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit. Go to Source Powered by WPeMatico
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Ethereum’s $1.5B options expiry on June 25 will be a make-or-break moment
Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry. Go to Source Powered by WPeMatico
Bullish Bitcoin newsflow gives bulls a boost ahead of Friday’s $565M options expiry
Bullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday’s BTC options expiry. Go to Source Powered by WPeMatico
Crypto Twitter says traders are short Bitcoin, but data shows otherwise
A growing number of analysts have flipped bearish on Bitcoin and expect a significant price drop, but analyzing data from the perpetual futures and options markets uncovers a contrasting narrative. Go to Source Powered by WPeMatico
How relevant is the $900M open interest on Bitcoin options above $100K?
Pro traders have been buying ultra bullish Bitcoin $100,000 to $200,000 options, but how confident are they that these targets will be achieved? Go to Source Powered by WPeMatico
$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 … Read more
Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead
Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. Go to Source Powered by WPeMatico
Is Bitcoin nearing another Black Thursday crash? Here’s what BTC derivatives suggest
Traders are afraid another Black Thursday crash is on the cards, but derivatives data proves the current correction has no resemblance to the March 2020 pullback. Go to Source Powered by WPeMatico
Over $4 Billion in Bitcoin Options Set to Expire Friday, BTC Derivatives Markets Still Frothy
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot … Read more
Hegic Protocol announces ‘gradual’ governance launch for long-term users
Hegic will reward long-term traders, LPs, hodlers, and Discord users with its forthcoming governance token. Go to Source Powered by WPeMatico
