As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Institutional interest is driving Bakkt's bitcoin futures volumes up, but its options market has remained quiet.
While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.
Open interest for Bakkt's bitcoin options market has stayed at $0 since June 15.
Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew.
Traditional markets slide as coronavirus cases spike, and crypto follows because its correlation is still unbroken.
Scam selling, a big win for privacy from Apple, new jobless claims in the “whack-a-mole” economy and the biggest BTC options expiry ever.
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.
Bitcoin options trading is growing faster than the futures and swaps market in 2020.
Option traders look to be placing bets for a continued upward move in bitcoin.
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.
With a key metric declining to record lows, bitcoin’s options market may be underpricing the cryptocurrency’s future volatility.
The CFTC has approved Bitnomial Exchange to offer margined bitcoin futures and options contracts.
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.