Goldman Sachs completes first OTC crypto options trade with Galaxy
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021.
Auto Added by WPeMatico
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities.
Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000.
3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500.
Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Bitcoin price is hitting resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January.
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally
Bitcoin bulls could be in for a $715 million profit if BTC price is above $60,000 ahead of Friday’s $3.2 billion options expiry.
Is excessive bullish optimism behind Bitcoin’s drop below $60K?
Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000?
Bitcoin bears risk getting trapped if BTC price remains above $50K — Here’s why
Hash rate, supply shock and U.S. credit risk are likely the causes for the BTC rally.
Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
BTC's futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet.
Bears intend to pin Bitcoin price below $43K until Friday’s $700M expiry passes
$700 million in BTC options expire on Friday, and derivatives data signals that bears are positioned to profit from a sub-$45,000 Bitcoin price.