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Opyn, a marketplace for decentralized finance (DeFi) options, has rolled out a host of new features in its updated protocol that aim to make the crypto options markets more efficient and liquid. While Opyn entered DeFi with an insurance-like product for governance tokens such as compound, its focus has since pivoted
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Crypto exchange giant Binance is set to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. Announced on Dec. 28, the launch follows a successful testnet trial carried out back in November. The press statement also revealed that the new options contract will be
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The folks at Deribit apparently think betting on a $100,000 bitcoin (BTC) price is so earlier-this-month because on Friday, mere hours before the leading cryptocurrency hit $25,000 for the first time, the crypto derivatives exchange announced contracts on $120,000 BTC with $140,000 coming soon. Source
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Volume doldrums and December sluggishness caused bitcoin to slip steadily below $19,000; ether options above spot are highest at $1,120 strike price.Bitcoin (BTC) trading around $18,705 as of 21:00 UTC (4 p.m. ET). Slipping 1.7% over the previous 24 hours.Bitcoin’s 24-hour range: $18,629-$19,299 (CryptoX 20)BTC below its 10-day and 50-day
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In the run-up to the 2017 market peak, stories abounded of traders who bought bitcoin in the spot market just a few months before only to cash out to the tune of hundreds of thousands, if not millions, of dollars. The days of tripling or quadrupling your money in just
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Some bitcoin selling on Friday caused its price to decline. Ether options traders appear less inclined to place bets on the asset’s price, as evidenced by lower Deribit volume.Bitcoin (BTC) trading around $18,975 as of 21:15 UTC (4:15 p.m. ET). Slipping 2.1% over the previous 24 hours.Bitcoin’s 24-hour range: $18,717-$19,556BTC
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Low volumes are keeping the bitcoin market in the $19,000 neighborhood; option traders expect a high ether price in December but aren’t so convinced about next year.Bitcoin (BTC) trading around $19,110 as of 21:10 UTC (4:10 p.m. ET). Gaining 0.60% over the previous 24 hours.Bitcoin’s 24-hour range: $18,360-$19,357BTC near its
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Bitcoin’s price hit an all-time record high Monday as positive market factors converged. Meanwhile, ether options traders are paying heavy premiums on the asset’s potential to hit new records as well.Bitcoin (BTC) trading around $19,436 as of 21:00 UTC (4 p.m. ET). Gaining 6.6% over the previous 24 hours.Bitcoin’s 24-hour
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How high can bitcoin’s price go? Analysts say the higher the price, the more investors will plow in. Meanwhile, increasing ether options volume on Deribit is likely making derivatives more expensive.Bitcoin (BTC) trading around $18,987 as of 21:00 UTC (4 p.m. ET). Gaining 3.2% over the previous 24 hours.Bitcoin’s 24-hour
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Bitcoin’s options market data shows investors are beginning to position for a temporary retreat from the cryptocurrency’s steep bull run.The one-month implied volatility, which is influenced by the demand for call and put options, jumped from roughly 55% to a four-month high of 70.5% in the past two days, suggesting
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