Bitcoin Options Volume on CME Jumps 300% as Traders Take Bullish Bets
Trading volumes for CME bitcoin options surged as traders made bull call spreads anticipating a rally. Source
Read MoreTrading volumes for CME bitcoin options surged as traders made bull call spreads anticipating a rally. Source
Read MoreInstitutional interest in bitcoin futures has plummeted as the DeFi explosion made carry trades less attractive, said Bequant's Denis Vinokourov. Source
Read MoreAs of now, the $622 million total open interest for BTC futures expiry on Friday seems quite relevant. This Friday, a total of $100 million in CME Bitcoin (BTC) options are set to expire. 58% of these are call (buy) options, meaning buyers can acquire BTC futures at a fixed price.As
Read MoreBitcoin could soon move towards the crucial CME futures gap at $9,600, formed when the cryptocurrency surged from
Read MoreThe recent week has been relatively dull on the price movements of Bitcoin (BTC), as a slow upward trend was established after Bitcoin’s price found a footing at above $10,000. This rally then continued toward $11,000 on Sep. 18 but was pushed back by some short-term resistance levels. The previous week
Read MoreOne widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to
Read MoreQuick take:Bitcoin took a nosedive from $11,600 to $10,460 levels in 6 hoursBTC has lost several support zones on its way downOver $348 Million in Bitcoin contracts has been liquidated in the last 4 hoursBitcoin could well be on a path to fill a CME Gap at $9,700 set in
Read MoreAn aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the markets.After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100. However, the last three days have seen sellers reject
Read MoreThe open interest for CME Bitcoin Futures has surged over 100% over the last month as concerns of inflation drive institutional players to the crypto market. Institutions see BTC as a good hedge while the central banks continue to add more money to the ecosystem.Chicago Mercantile Exchange’s (CME) Bitcoin futures see
Read MoreLess than 0.2% of Friday's daily options trading happened on CME, according to data from Skew. Source
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