On January 21, the derivatives exchange by Matrixport, Bit.com, announced the launch of the first bitcoin cash perpetual swaps and options. The exchange says before the product launch there was no options market for bitcoin cash and the firm believes there’s room for improvement in this arena of crypto derivatives. Bit.com to Launch Crypto Economy’s […]
Category: options
Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K
Options traders look to be preparing for further falls in bitcoin’s price in the short-term, according to put-call skew data.
Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of […]
Bitcoin Bounces as Options Market Sees 20% Chance of $50K at Month’s End
While a 31% rally to $50,000 in two weeks may be challenging to envision, it is far from impossible, given bitcoin’s prior rallies.
Deribit Exchange Raises Maximum Bitcoin Options Strike Price to $400K
The eye-watering strike option supplants the company’s previous $300,000 maximum offering listed on Jan. 9.
Trading Hall of Fame: The Bitcoin Options Bet That Made $58.2M Profit on Just $638K
Back in October, one trader made a long-shot bet that bitcoin would hit $36,000 by January. It paid off in a spectacular way.
As Bitcoin Regains Lost Ground, Options Traders Bet on $52K Move by Late January
Some bitcoin traders are buying bullish call options at $52,000 and higher strike prices.
European eToro Traders Call Foul Over Closure of Leveraged Crypto Contracts
Traders in Europe are threatening legal action against eToro for allegedly closing their leveraged crypto positions without enough notice.
Traders Can Now Bet on ‘Bitcoin $300K’ as Options Keep Pace With Rising Price
It supersedes the $200,000 option on Deribit as the maximum one can wager.
Bitcoin Options on Deribet Now Go to $200K After Recent Surge
The folks over at Deribit apparently think the recent explosion in the price of bitcoin (BTC) from $20,000 to around $32,000 in just over a month, including a 10% rise in the last 24 hours, merits offering traders the ability to bet on a rally to $200,…