Turbulent Crypto Markets Expected – 87K Worth of Bitcoin Options Set to Expire on Friday

Turbulent Crypto Markets Expected - 87K Worth of Bitcoin Options Set to Expire on FridayMarkets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average […]

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Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High

Bakkt Bitcoin Futures Hit Record $122 Million, as BTC Reached New 11-Month HighVolumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding […]

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