Bitcoin Bears Dominate $30.3B Options Expiry
$30.3B in Bitcoin options expire soon, with bearish strategies favored unless BTC surpasses $94K; over half of put options may expire worthless if prices stay above $88K. #Update #Crypto $BTC
Pertains to trading in cryptocurrencies, including strategies, tools, platforms, and trading pairs.
$30.3B in Bitcoin options expire soon, with bearish strategies favored unless BTC surpasses $94K; over half of put options may expire worthless if prices stay above $88K. #Update #Crypto $BTC
Bitcoin ($BTC) remains rangebound around $87,000 ahead of a record $24B options expiry, with analysts predicting potential volatility and a post-expiry target of $100,000. #Update #Crypto $BTC
Bitcoin faces potential volatility as $23.6 billion in options expire December 26, the largest ever, amid low liquidity and strategic hedging. Current price: $87,292. #Update #Crypto $BTC
JPMorgan considers crypto trading for institutional clients amid regulatory clarity and demand, marking Wall Street’s shift towards digital assets. #Update #Crypto
Perpetual open interest for Bitcoin ($BTC) rises to 310,000 as funding rates increase, signaling bullish sentiment ahead of a $23 billion options expiry on Dec. 26. #Update #Crypto $BTC
Ghana legalizes crypto trading with the Virtual Asset Service Providers Bill, 2025, ensuring regulatory oversight and consumer protection. #Update #Crypto
Bitcoin and Ethereum show uncertain price direction amid low trading volumes, but options traders are turning bullish, hinting at a potential Santa Claus rally. BTC is at $89,751; ETH above $3,000. #Update #Crypto $BTC $ETH
Cleveland Fed President Beth Hammack indicates no further interest rate cuts, suggesting current rates may be stimulative despite recent inflation data. #Update #Finance $BTC
$600M Bitcoin short liquidation rattles traders, sparking speculation on price impact. This significant event highlights ongoing volatility in the crypto market. #Update #Crypto $BTC
@HilbertGroup acquires Enigma Nordic for $32M, enhancing its algorithmic trading capabilities. The deal includes performance-based earn-outs and aims to integrate new strategies into its hedge fund offerings. #Update #Crypto $BTC
@ETHGas raises $12M in seed funding led by Polychain Capital to enhance Ethereum’s blockspace trading, aiming for faster transactions and a gasless future. #Update #Crypto $ETH
Coinbase unveils new products to become an “everything exchange,” integrating traditional finance and crypto tools. $BTC at $87,900, Solana tests quantum-resistant cryptography. #Update #Crypto $BTC
Bybit has resumed operations in the U.K. after two years, offering spot trading on 100 currency pairs, while complying with FCA standards through Archax’s licensing support. #Update #Crypto $BTC $ETH
The U.S. Securities and Exchange Commission clarifies crypto asset rules on custody, capital, trading, and recordkeeping, signaling flexibility for broker-dealers. #Update #Legal