While bitcoin's range play continues, options traders look to be betting on a big move to the higher side soon.
Bitcoin traders love hitting buy on their terminals when the price is around $9,000.
Bitcoin volatility drops to historic lows as the cryptocurrency stays just above $9,000.
Options market data suggests bitcoin could become more volatile than ether over the next three months.
Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent.
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday.
Opyn, a hedging instrument for decentralized finance (DeFi) has closed a $2.16 million funding round led by Dragonfly Capital.
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.
The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.
Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereum’s ether (ETH) token on Thursday, ending the Panama-based Deribit’s virtual monopoly in the space.
A flurry of activity around the bitcoin halving led to crypto derivatives volumes in May gaining key market share against spot volumes.