Crypto Derivatives | ForkLog

ForkLog 9 24.09.2024

Analysts Note Shift Towards Ethereum Calls Amid Chinese Central Bank Stimulus

The ETH/BTC exchange rate has risen from Friday’s 0.038 to the current 0.0415, with market interest shifting from puts to calls, according to QCP Capital. Experts highlighted that the implied volatility in contracts for the second-largest cryptocurrency by market capitalization exceeds that of Bitcoin by 9%. In their view, this indicates improved sentiment and potentially […]

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ForkLog 20 13.09.2024

Expert Identifies Key Condition for Ethereum’s ‘Parabolic’ Surge

Ethereum traders’ sentiment requires a slight nudge for the asset’s price to embark on a ‘parabolic’ rise, according to CryptoQuant. Analysts noted that such a scenario will become possible when the funding rate for perpetual ETH contracts exceeds 0.015%. In this case, “the calm will turn into a storm,” they added. “To witness another parabolic […]

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ForkLog 37 12.09.2024

Vega Protocol Community Votes to Shut Down Network and VEGA Token

The community of the derivatives-focused L1 blockchain, Vega Protocol, has voted to cease support for its network and the VEGA token. The on-chain vote to retire the Vega chain has officially passed. As a result, the Vega chain no longer supports trading on any markets. The chain is expected to cease operations after a “ramp-down” […]

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ForkLog 20 10.09.2024

August Sees 30% Surge in Cryptocurrency Exchange Trading Volumes

In August, trading volumes on major centralized exchanges rose by 30%, according to journalist Colin Wu.

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ForkLog 12 03.09.2024

Experts Advocate Bitcoin Purchases in September Amid Corrections

Strategically, accumulating Bitcoin throughout September with a view to securing profits in October or towards the year’s end is advisable. This scenario was suggested by QCP Capital, citing seasonal trends. Analysts noted that the first month of autumn is historically negative for all asset classes, including digital gold. However, October is its opposite — in […]

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ForkLog 11 27.08.2024

Bitcoin Analyst Predicts ‘Mad Season’ with $150,000 Target

The leading cryptocurrency is poised to enter a “mad season,” during which its price could soar to $150,000 by the end of 2024, according to Real Vision analyst Jamie Coutts. Unless something fundamentally has changed, we are entering what @RaoulGMI refers to as the ?zone, or what I would describe as #Bitcoin batshit season. pic.twitter.com/pMxk49ATtq […]

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ForkLog 9 27.08.2024

Bitcoin Expected to Trade Sideways Between $62,000 and $67,000

Market uncertainty is likely to keep the price of the leading cryptocurrency within a narrow range of $62,000 to $67,000 in the near term, according to QCP Capital. QCP: Post-Jackson Hole, the desk saw aggressive Call Spread buying, but also witnessed heavy selling of calls around the 100k strike out to Mar 2025. While the […]

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ForkLog 13 22.08.2024

Dovish Fed Minutes Boost Bitcoin Bullish Sentiment

Open interest in bitcoin futures surged from $30.21 billion to $31.92 billion following increased prospects of a Fed policy easing in September. The reduction in selling pressure from Mt.Gox clients and the German government, combined with heightened volatility, set the stage for renewed growth. Overbought conditions in several technical indicators could pose a challenge. On […]

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ForkLog 7 20.08.2024

Bitcoin Options Reflect Trader Optimism Post-US Elections

The distribution of bitcoin options set to expire four days after the US presidential elections reveals optimistic market expectations. This is reported by CoinDesk, citing a report from Wintermute. The opportunity to open these positions on Deribit emerged a month ago, with volumes already reaching $345.83 million. The put/call ratio stands at approximately 2:1, indicating […]

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ForkLog 18 09.08.2024

Bloomberg Predicts Launch of BTC-ETF Options in Q4

The SEC may register options for spot BTC-ETFs in the fourth quarter. The deadline for the decision is September 21, but further steps from the OCC and the CFTC will be required, according to Bloomberg analyst James Seyffart. We think the #Bitcoin ETF options happen in 4th quarter this year. Final deadline for SEC decision […]

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ForkLog 19 08.08.2024

NYSE Plans to Launch Options on Ethereum ETFs

The New York Stock Exchange (NYSE) has approached the SEC with a proposal to amend rules, enabling it to list and offer trading of options based on spot Ethereum ETFs from Bitwise and Grayscale.

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ForkLog 10 08.08.2024

Significant Purchases of December Call Options Observed by Experts

The bullish outlook for Bitcoin persists due to substantial purchases of call options with expirations in December and March, according to QCP Capital. 3/ We remain bullish on #BTC as we see significant call buying in the Dec and March expiries. Major funds also continue to roll their Sep long call positions. — QCP (@QCPgroup) […]

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