Crypto Derivatives | ForkLog

ForkLog 6 22.07.2024

Expert Warns of Ethereum Pullback Risks Following ETF Launch

Ethereum options have seen a sharp rise in implied volatility (IV). According to Valentin Fournier from BRN, this suggests a risk of a sell-off wave following the ETF launch, with a gradual recovery thereafter, reports The Block. The SEC approved July 23 as the start date for trading spot exchange-traded funds based on the second-largest […]

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ForkLog 9 04.07.2024

Bitcoin’s Potential Drop to $50,000 Raises Concerns

A “double top” reversal pattern is forming on the Bitcoin chart. Miners, ETF buyers, and hodlers are selling, with a reversal possible if stablecoin supply increases. Investors continue to bet on ETH-ETF approval by purchasing call options for September-December. A sharp decline in Bitcoin may not stop at $57,000 and could push the price down […]

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ForkLog 7 27.06.2024

Bearish Sentiment Dominates Bitcoin Options, Analysts Observe

Implied volatility for short-term bitcoin options on the CME has risen over the past month as traders anticipate local price shifts. This is reported by The Block, citing analysts from CF Benchmarks. According to researchers, at the end of May, the measure was roughly equal for put and call positions. However, following a 14% correction […]

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ForkLog 3 26.06.2024

Indicators Suggest Bitcoin May Have Hit a Local Bottom

Over the past three weeks, the price of the leading cryptocurrency has fallen by 15% from $70,000. However, after a noticeable rebound on June 25 from $60,000, signs of a potential local bottom have emerged. This conclusion was reached by CryptoQuant. From an on-chain analysis perspective, the quotes crossed the realized price level of short-term […]

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ForkLog 5 25.06.2024

Analysts Detect Bullish Sentiment in Bitcoin Options Market

Despite a market correction, derivatives indicators suggest a persistent bullish sentiment towards Bitcoin ahead of the expiration of weekly, monthly, and quarterly positions on June 28th. This was stated by several experts in a conversation with The Block. On the specified date, the put/call ratio stands at 0.51, indicating trader optimism. Open interest in Bitcoin […]

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ForkLog 8 24.06.2024

Options Market Bets on Ethereum Reaching $4000 by September

The derivatives market is showing significant interest ($158.5 million) in Ethereum call options priced at $4000, set to expire in September, according to data from Deribit. Open interest in Ethereum options expiring on September 27. Source: Deribit. At the time of writing, the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% […]

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ForkLog 11 20.06.2024

QCP Capital: Options Market Bets on Ethereum’s Rise to $4800

Despite uncertainties surrounding the approval timeline for an ETH-ETF, a demand capturing 10-20% of inflows into BTC-ETF could push Ethereum’s price past $4000, with a subsequent rise to $4800. This scenario is reflected in the options market, according to QCP Capital. QCP: Despite uncertainty around the reception of the ETH ETF, capturing 10-20% of Bitcoin […]

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ForkLog 10 18.06.2024

Coinbase to Introduce Pre-Market Trading for Altcoins

The cryptocurrency derivatives exchange Coinbase International will launch trading of perpetual contracts for altcoins prior to their listing on the main platform. The platform aims to emulate competitors such as Binance, Bybit, Bitget, and OKX by creating its own launchpad. “When the underlying token is launched on the respective spot exchanges, the instrument will convert […]

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ForkLog 13 12.06.2024

Arbitrage Strategies Curb Bitcoin Growth Amid ETF Inflows

Despite significant inflows into BTC-ETFs, arbitrage strategies between spot and derivative markets are restraining buyer pressure, according to Glassnode. To substantiate and assess ETF demand, analysts compared the balance of product issuers (862,000 BTC) with other major exchange structures: Mt.Gox trustee = 141,000 BTC; US government = 207,000 BTC; all exchanges = 2.3 million BTC; […]

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ForkLog 9 06.06.2024

QCP Capital: Bitcoin Options Market Bets on Surge to $74,000

A surge in the purchase of bitcoin call options expiring at the end of June above $74,000 indicates heightened expectations for a “decisive breakthrough” of the historical peak. This conclusion was reached by QCP Capital, as reported by The Block. There is a concentration of calls at the $75,000 strike price. On June 5, the […]

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ForkLog 8 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 4 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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