Tag: bitcoin options

Deribit is a Bitcoin trading platform that enables individuals around the world to engage in futures and options trading. The team behind the project combined the first letters from the words Derivates and Bitcoin in order to create the name of their website, and members can use Bitcoin in order to make deposits, withdrawals, and [...] The post Deribit Review: Cryptocurrency Futures &...

Peter Brandt highlights the possibility of the Biden administration becoming a big negative factor for Bitcoin He cites the recent plans to increase capital gains tax Some institutions and individuals in some US states might end up paying as much as 55% in taxes if the plan is implemented Bitcoin has had 11 straight days of lower highs, with more selling anticipated Veteran...

Bitcoin Options contracts worth $6 billion are set to expire today as all eyes are set on Bitcoin price. Historically, Bitcoin Options expiry has turned out to be a bullish event as the past three months have seen BTC price first register a...

In brief: Bitcoin Miners' Position Index (MPI) has been low since March 6th Bitcoin miners are now holding BTC rather than selling 90k Bitcoin options expired earlier today on Deribit, removing the anxiety of additional selling April could be a green month based on historical data Bitcoin miners are now holding their BTC rather than selling it in the crypto markets as witnessed...

Bitcoin retained its intraday bullish bias Friday just ahead of its $6 billion options expiry. In retrospect, options are contracts that give traders the right to purchase or sell an asset at a specified price before a certain expiration date. Data on ByBt.com shows that there is over 100,000 BTC worth of options set to expire on Friday, March 26,...

An earlier morning boost in the Bitcoin market Wednesday, led by Tesla's announcement that it would accept the cryptocurrency as payment for its electric vehicles, turned jittery ahead of the US session close, leading to a decline of more than $5,500 and ending the day 3.81 percent lower....

Bitcoin options worth $5.5 billion in notional value are set to expire on Friday, threatening a drop to the maximum pain price of $44,000. Bitcoin Options Set to Expire Quarterly and monthly Bitcoin options, primarily traded on Derebit, will expire on Friday, Mar. 26. Those contracts have an...

Summary: 117k Bitcoin Options expire this Friday, March 26th The maximum pain point for the expiry is $44k according to the team at Deribit Insights Bitcoin has lost the $55k support zone with $53k the level to watch moving forward A drop to $49k seems likely Bitcoin will undergo a big quarterly expiry of options this Friday, March 26th. According to data from...

In brief: Bitcoin has a 12% chance of breaking $100k by the end of 2021 This forecast is based on data from current Bitcoin options contracts Elon Musk's tweets on Bitcoin and Dogecoin could increase interest in owning the two digital assets Bitcoin looks set to retest $48k in the short term Bitcoin (BTC) has a 12% chance of closing 2021 at a...

Quick take: Bitcoin has just dipped to the $29,200 price area forming what looks like a doubled bottom Bitcoin has since regained $30k and is battling to maintain the $30,700 support area 120k Bitcoin options expire this Friday and could provide additional selling pressure However, on-chain metrics for active Bitcoin addresses hint of bullishness The King of Crypto has just experienced a drastic...

As long as these options remain open in the market, the next couple of days could be volatile for bitcoin.

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.

$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.

Deribit is a Bitcoin trading platform that enables individuals around the world to engage in futures and options trading. The team behind the project combined the first letters from the words Derivates and Bitcoin in order to create the name of their website, and members can use Bitcoin in order to make deposits, withdrawals, and [...] The post Deribit Review: Cryptocurrency Futures &...

Quick take: Timothy Peterson has forecasted that Bitcoin has a 50% chance at surpassing $30k in 2021 Bitcoin has just set an all-time high of $23,800 - Binance rate The daily BTC/USDT still hints of bullishness and Bitcoin could keep moving higher Deribit has introduced a Bitcoin options contract expiring September 2021 with a $100k strike price Such an options contract might be...

As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.

The world's largest cryptocurrency, Bitcoin was being traded at $13,499 after a rather swift uptrend from $10,000. However, some market participants in the derivatives world appear to be aiming for at least $30,000 in the next three months. Crypto derivatives exchange Deribit revealed that the largest ever Bitcoin options has been filled on the platform. The post Deribit's Sees Largest Bitcoin Options Trade...