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Bitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.In simple terms, options derivatives contracts allow investors to buy protection, either
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Long-term investors could be in for a bumpier ride than anticipated as the stock market’s previous problems have been amplified.The Fed’s intervention only served as a short-term bridge that inflated the asset bubble further.Analysts are cautioning of irrational investor sentiment ahead of a stock market meltdown.With Donald Trump’s health still
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Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday.The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom.Overnight, sellers pushed it as low as $222 – just
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Bitcoin has been on a remarkable rally over the past few weeks. The asset has mounted past resistance level after resistance level, recently crossing $9,000.Market cynics have said that BTC’s recent inability to surmount the key $9,500 resistance is indicative of a top. Though analysts are starting to agree that
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Altcoins are not dead.The alternative crypto market’s explosive $56 billion-rise this year has left skeptics confused. Native tokens of controversial blockchain projects like Bitcoin Cash and Bitcoin SV have swelled by 130 and 280 percent, respectively. An under-developed Ethereum has notched up 95 percent.Meanwhile, XRP, whose long-term holders accused its
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Every year, Bitcoin faces a new foe intent on crippling it by undermining the foundations it was built upon. From mining cartels
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