by Omkar Godbole | Nov 21, 2024 | Bitcoin
Deribit’s BTC futures expiring in March, June and September 2025 trade above $100,000. BTC call option at the $100,000 strike now boasts an open interest of over $2 billion. Bitcoin Breaks $64K While Gold Soars ETH/BTC Ratio Slid to Lowest Since April 2021 Is...
by Omkar Godbole | Nov 21, 2024 | Bitcoin
Options tied to Defiance’s 2X long MicroStrategy ETF (MSTX) exhibit extreme bullish positioning. The leveraged ETF is designed to two times or 200% of the daily performance of MSTR’s share price. Bitcoin Breaks $64K While Gold Soars ETH/BTC Ratio Slid to...
by Omkar Godbole | Nov 20, 2024 | Bitcoin
The $100 IBIT call option saw a significant volume on Day One, signaling expectations that prices could double to $100 in the coming months. The bullish sentiment is consistent with the noticeable activity in the $200,000 bitcoin call trading on Deribit. Bitcoin...
by Omkar Godbole | Nov 19, 2024 | Bitcoin
ETH’s options-based probability density function shows just a 10% chance of prices testing the year-to-date high of $4,000 by the end of December. ETH faces headwinds from weak fundamentals. XRP Price Surges Amid Record Futures Bets; Who Will Be the Next U.S....