Category: deribit

BTC Futures Open Interest Hits $23B, Binance Captures Lion’s Share, Signals Say 43% Chance of $64K Bitcoin by Month’s End

Bitcoin futures open interest on Monday has crossed $23 billion according to data recorded on April 5. The crypto asset exchange Binance has taken the lead as far as open interest in bitcoin futures is concerned with a massive $10.5 billion in open interest. Binance Captures the Bitcoin Futures Lead Not too long ago, Bitcoin.com’s […]

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Crypto derivatives exchange Deribit launches index for implied bitcoin volatility

Options exchange Deribit has launched a new index product focused on bitcoin volatility. Unveiled Wednesday, the Bitcoin Volatility Index, or DVOL, was debuted “with the purpose to launch futures on this index soon.” Put simply, such futures would allow traders to place bets on the volatility performance of the bitcoin market.  “This index uses the […]

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Over $6B in Bitcoin Options Set to Expire Today, April Contracts Show Bets for $80K per BTC

A number of options traders are betting that bitcoin prices will tap $80,000 by May 2021. Meanwhile, over 100,000 bitcoin options worth more than $6 billion are set to expire on Friday, smashing the previous record expiry seen in January. $6 Billion in Bitcoin Options Set to Drop, April Bets Target $80,000 per Bitcoin Today […]

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Bitcoin Futures Open Interest Smashes $15 Billion, CME Registers Over $33 Million in ETH Contracts

Following the revelation that Tesla now owns $1.5 billion in bitcoin, crypto spot markets across the board skyrocketed. Data shows that crypto derivatives markets also saw significant demand as bitcoin futures open interest tapped $15 billion on Monday. Moreover, this week was the start of ethereum futures on CME Group’s exchange, and ether-based futures registered […]

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Crypto Derivatives Surge, Bitcoin Options Open Interest Climbs to $9.6 Billion

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 […]

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Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion Ever since the […]

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Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike

Bitcoin Derivatives Action Swells: A Few June Futures Trade for $30K, Deribit Adds $140K Options Strike

Bitcoin derivatives markets have been seeing significant demand in recent months at the same time bitcoin spot markets climbed to all-time price highs and surged 149% during the last three months. Just recently the leading bitcoin options exchange Deribit announced the launch of both $120k and $140k strikes, and data from skew.com shows some June […]

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Ethereum options trade volume surged in November to hit $1.76 billion for the month

Ethereum options trade volume surged in November to hit $1.76 billion for the month

November saw a significant jump in monthly trade volume for Ethereum options, according to data collected by The Block Research. The November figure — $1.76 billion — represents a 153% increase from October’s $695 million. It’s the highest reported monthly volume, surpassing August’s record of $1.03 billion. As highlighted in the graph above, Deribit continues […]

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Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin […]

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