Cryptocurrency Analysis and News Portal
Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach toward the crypto market, handing out
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Bitcoin’s options contracts used to hedge spot and futures market exposure are exhibiting bullish sentiment across all time frames in a sign of confidence in the cryptocurrency’s price rally.The one-week and one-, three- and six-month put-call skews are hovering below zero, indicating calls – or bullish bets – are drawing
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Bitcoin’s price jumped to a fresh 11-month high on Friday, with the options market betting on a sustained bull move. The put-call open interest ratio looks to have risen from 0.50 to 0.63 this week due to greater selling in put options. With the combination of negative skews and a rising put-call
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