Options

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus measures during a press conference on Saturday. These measures aim to stimulate economic activity in the country. On September 24, the People’s Bank of China…

The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing crypto derivatives and why they could significantly impact the Bitcoin market dynamics. Why Bitcoin ETF Options Are A Game Changer Park outlined a comprehensive thesis in the interview, noting, “Volatility is not…

The cryptocurrency market is preparing for short-term volatility, with approximately $1.4 billion worth of Bitcoin and Ethereum options expiring today. With Bitcoin options totaling $1.066 billion in notional value and Ethereum options accounting for $284.99 million, traders are eyeing the expiration for its potential impact on prices. Analysts Predict A Market Shakeout Amid Expiring Options Data on Deribit shows 17,448 Bitcoin options contracts will expire on October 4. The contracts have a put-to-call ratio of 0.75 and a maximum pain…

As 2024 unfolds, the cryptocurrency landscape is evolving beyond the giants like Bitcoin and Ethereum, offering a plethora of opportunities through altcoins. These alternative cryptocurrencies are gaining momentum, propelled by their innovative technologies and substantial growth potential. Here’s a detailed guide on the must-have altcoins for 2024 that you should not overlook if you're considering diversifying your investment portfolio or venturing into cryptocurrencies for the first time. 1. BlockDAG (BDAG) - Redefining Blockchain Innovation BlockDAG is rapidly becoming a buzzword…

A filing published on September 20 revealed that the US Securities and Exchange Commission (SEC) approved options trading for BlackRock’s spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT).  This approval opens a new chapter for investors seeking to manage their exposure to Bitcoin through advanced financial instruments. BlackRock’s Bitcoin ETF Options Approval Could Spark a Market Chain Reaction The move allows physically settled options on the IBIT, further integrating Bitcoin into traditional financial markets. This new tool will enable…

In a significant move for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved options trading for major digital assets, including Bitcoin (BTC) and Ethereum (ETH). This new development has sent shockwaves through Wall Street, where traders are now anticipating a 38% surge in the prices of Bitcoin (BTC), Ethereum (ETH), and the fast-rising AI meme coin, GoodEgg (GEGG). With institutional investors eager to capitalize on the newfound opportunities, the crypto landscape is poised for another massive…

WILLEMSTAD, Curacao, August 29th, 2024, Chainwire On August 28, 2024, BC.GAME, one of the world’s leading igaming platforms, announced that it has become one of the first igaming platforms to support DOGS deposits and withdrawals. Currently, users can use DOGS to play all games and place sports bets on BC.GAME, with related deposit and cashback activities set to launch soon. BC.GAME, a leading online gaming platform, has announced its support for deposits and withdrawals using Dogs, a unique meme coin…

The post Nasdaq seeks SEC approval for Bitcoin Index Options appeared first on Coinpedia Fintech News Nasdaq, the major American stock exchange, is planning to introduce a new financial tool for Bitcoin enthusiasts. The exchange is seeking approval from the SEC to launch and trade  Options on the Bitcoin Index. This could provide traders and institutions another way to get exposure with Bitcoin investment. What is an Option Options are listed derivatives that give the holder the right to buy…

Options on Bitcoin (BTC) and Ethereum (ETH) totaling $1.5 billion are approaching expiry, all while the market remains relatively calm. However, this stability may be short-lived. The annual central bank meeting in Jackson Hole, which begins today, is widely seen as the month’s most notable macro event. Investors are particularly focused on any news regarding potential interest rate cuts by the Federal Reserve. What’s Next for the Bitcoin and Ethereum Options Market After Expiry According to Deribit, over $1.12 billion…