Cryptocurrency Analysis and News Portal
Quick take:Bitcoin has just dipped to the $29,200 price area forming what looks like a doubled bottomBitcoin has since regained $30k and is battling to maintain the $30,700 support area120k Bitcoin options expire this Friday and could provide additional selling pressureHowever, on-chain metrics for active Bitcoin addresses hint of bullishnessThe
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Over the past two months the open interest on Bitcoin options has held reasonably steady even as the figure increased by 118% to reach $8.4 billion as (BTC) price rose to a new all-time high. The result of Bitcoin’s price appreciation and the rising open interest on BTC options has
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Bitcoin is making gains, though much of the day saw the cryptocurrency in a holding pattern. Meanwhile, a quarter of ether options are expiring in March, meaning traders are making some bets on the first fiscal quarter of 2021.Bitcoin (BTC) trading around $36,286 as of 21:00 UTC (4 p.m. ET).
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Higher spot volumes Wednesday – and record volumes for the past month – are helping push bitcoin higher. Meanwhile, ether options for December pass 550,000 ETH.Bitcoin (BTC) trading around $17,688 as of 21:00 UTC (4 p.m. ET). Gaining 0.17% over the previous 24 hours.Bitcoin’s 24-hour range: $17,571-$18,474 (CryptoX 20) BTC
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The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options signal that the market is healthy, it’s still unusual to see such heavy concentration
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Quick take:Over 83,000 Bitcoin options expire Friday, September 25thThis number beats August’s record of 62k BTC optionsSuch a high number of options expiring should bring considerable volatilityBitcoin is once again trading above $11k and the expiry of 83k BTC options could result in a dipThe month of September is slowly
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Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional value of over $740 million.Usually, major expiry events
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The bitcoin market bottomed out around $11,100 before bouncing back; DeFi continues an upward trend, garnering interest from traders and perhaps creating new ones. Bitcoin (BTC) trading around $11,467 as of 20:00 UTC (4 p.m. ET). Gaining 1.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,102-$11,593.BTC above its 10-day moving average
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Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options with a notional
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Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry approaches, traders are becoming anxious due to the fact that the Bitcoin (BTC) price has
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