Crypto Derivatives | ForkLog

ForkLog 10 04.06.2024

Ethereum Surpasses Bitcoin in Options Market Volatility

The market remains bullish, anticipating a surge in demand in the United States following the final approval of spot Ethereum ETFs, according to analysts at QCP Capital. 3/ This bullishness is likely to continue as the market waits for the ETH spot ETF to usher in new demand. The options market certainly reflects this with […]

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ForkLog 7 04.06.2024

Analyst Predicts Reduced Volatility for Bitcoin and Ethereum

The current implied volatility values for Bitcoin and Ethereum options suggest a calm outlook for the cryptocurrency market in the coming weeks, according to Deribit’s Chief Commercial Officer Luuk Strijers, as reported by The Block. This metric for the leading cryptocurrency has significantly decreased since mid-May. Source: The Block. Analysts at QCP Capital also noted […]

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ForkLog 9 30.05.2024

Ethereum Options Traders Show Renewed Optimism

Despite a pause in the rally, options traders remain optimistic about the price prospects of the second-largest cryptocurrency by market capitalization. This was reported by CoinDesk analyst Omkar Godbole, citing Glassnode. According to data from the derivatives exchange Deribit, the put/call ratio for Ethereum options across all expiration dates has reached 0.61. This, according to […]

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ForkLog 6 28.05.2024

Market Optimism Grows as Call Options on Ethereum Dominate

Market participants are showing optimism towards Ethereum, as indicated by the rise in open interest for call options on the digital asset, according to analysts at QCP Capital. Experts observed that on May 27, ETH “rose from $3810 to $3940, likely due to comments from [presidential candidate] Donald Trump in support of cryptocurrencies.” At the […]

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ForkLog 10 14.05.2024

Ethereum Options Market Sees Increased Bets on Price Surpassing $3600

The distribution of Ethereum options expiring in June indicates a rise in bets on the asset moving above $3600, according to data from Deribit. Data: The Block. The volume of open call options at the specified strike price has increased to $161.4 million, second only to the $6500 strike ($193.9 million). Overall, open interest for […]

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ForkLog 38 09.05.2024

BitMEX Partners with PowerTrade to Launch Options Trading

BitMEX has initiated options trading in collaboration with the PowerTrade platform. BitMEX has partnered with PowerTrade to launch an options trading service in an effort to gain market share from Deribit. Current major competitors also include Binance OKX and Bybit. BitMEX CEO Stephan Lutz said that BitMEX hopes to reach at least $500 million in […]

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ForkLog 12 02.05.2024

Bitcoin Options Indicate Summer Lull, Says Expert

Traders dealing in bitcoin options are bracing for a summer lull in the market. This conclusion was drawn by Jag Kuner, head of derivatives at Bitfinex, as reported by The Block. “Summer is usually a period of low volatility. Participants begin to build corresponding positions,” the specialist commented. According to the expert, since mid-April, the […]

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ForkLog 17 01.05.2024

Expert Highlights Declining Confidence in Bitcoin and Ethereum Growth

A significant drop in the implied volatility (IV) of at-the-money options for Bitcoin and Ethereum indicates a waning confidence in potential price increases, according to trader Gordon Grant, as reported by The Block. According to the dashboard, the relevant metric for weekly and monthly contracts linked to the second-largest cryptocurrency by market capitalization has plummeted […]

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ForkLog 6 17.04.2024

Analysts Highlight Potential for Significant Ethereum Correction

The Ethereum derivatives market has developed pessimistic expectations regarding the near-term price outlook, according to The Block. “Near-term options indicate risks of sharp movement in either direction,” stated QCP Capital. Cryptocurrency derivatives trader Gordon Grant reached similar conclusions. “You can see a significant divergence in Ethereum options compared to digital gold. The term structure remains […]

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ForkLog 5 11.04.2024

Ethereum Faces High Volatility Amid ETF Decision Deadlines, Expert Warns

The implied volatility of Ethereum options expiring at the end of May indicates significant price fluctuations due to uncertainties surrounding the approval of a spot ETF. This was reported by Ruslan Lienkha, Head of Markets at YouHodler, to The Block. The publication noted that May 23 marks the final deadline for the SEC to decide […]

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ForkLog 13 28.03.2024

Bitcoin Options Open Interest for March Expiry Reaches Record High

The open interest (OI) for bitcoin options expiring on March 29 has surged to an unprecedented $9.5 billion, according to The Block, citing Deribit. Contracts expiring on Friday account for 40% of the total OI, noted representatives of the crypto derivatives platform. Data: Deribit. According to The Block, open interest for bitcoin options expiring in […]

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ForkLog 14 14.03.2024

Analyst Identifies Key Drivers for Bitcoin ETF Demand

The inclusion of spot Bitcoin ETFs by major platforms and the approval of options based on them are expected to be “powerful catalysts” for demand by the year’s end, according to Bloomberg analyst Eric Balchunas, as reported by The Block. Currently, exchange-traded funds are not available to clients of RIA platforms managing $7-10 trillion in […]

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