Everything web3, crypto, defi, degen
In brief A record $31 billion in Bitcoin options are set to expire on Halloween, surpassing last month’s $18 billion despite October’s flash crash that wiped out $19 billion in leveraged positions. Open interest at Deribit has reached an all-time high of $50.27 billion, with significant put contracts at $100,000 and call contracts at $120,000…
In brief Record-setting $18 billion Bitcoin options expiry today may create delayed volatility in 24-72 hours, according to Bitfinex analysts. Myriad prediction market users lean bearish at 51% expecting more red candles over the weekend after a rough trading week. October shows $78.9 billion in Bitcoin options open interest with heavy concentration of calls between…
In brief About $17 billion in Bitcoin options are set to expire Friday, one of the largest on record. Experts warn a break below $108,000 could trigger forced selling and a drop toward $96,000. Softer inflation could ease pressure and open room for a rebound into year-end. Crypto faces a critical test this week as…
In brief Implied volatility remains low despite Bitcoin’s dip following a wipe out $1.65 billion in long positions across the crypto markets. Put-buying activity shows options traders are expecting further downside this month. Long-term positioning over the next three to six months remains bullish. Bitcoin extended weekend losses on Monday, triggering one of the largest…
In brief Bitcoin traders may need up to a week to fully process the Federal Reserve’s first rate cut in nine months, with $120K now “within sight” according to Bitbank’s analysis. 92% of CME FedWatch traders anticipate another 25-basis point Fed cut in October, while 72% of Myriad prediction market users expect the same outcome.…
In brief Bitcoin has gained 3% in two days to about $110,000 as derivatives traders positioned ahead of U.S. jobs data. Options markets show bullish bets for late September, but hedging signals caution on downside risk. Implied volatility remains low, though some traders are preparing for potential declines. Derivatives traders are expecting a slightly more…
In brief Traders are focused on key strikes in the options market as positioning turns defensive. Recent shifts in rate cut odds have weighed on sentiment heading into Friday’s remarks from Fed Chair Jerome Powell. A neutral tone from Powell could disappoint markets already pricing in a September cut. Bitcoin traders are closely monitoring two…
In brief Options data indicates that Bitcoin traders are split, with nearly equal bullish and bearish block trades. Experts suggest markets will be closely watching for Powell’s tone if there’s no clear decision surrounding rate cuts. They also said crypto’s bullish market structure remains intact in the long term. Bitcoin traders are entering a high-stakes…
In brief Bitcoin’s weekend rally stalled Monday as traders booked profits. Experts suggest a potential drawdown if Tuesday’s U.S. CPI print comes in hotter than expected. Bitcoin options data shows traders are hedging for downside risk with puts. Bitcoin’s surprise weekend rally hit a wall Monday with a move that undid more than half of…
