Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry
Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry.
Auto Added by WPeMatico
Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry.
CME Group chair and CEO Terry Duffy said the investment and partnership would help the company "transform derivatives markets through technology, expanding access and creating efficiencies for all market participants."
$540 million in ETH options expire on Friday and data shows bulls have a good chance at securing the $5,000 level.
On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming launch of ethereum-based micro futures slated to be listed on December 6. The launch…
Micro Ether futures will become the fourth crypto derivatives product by CME and is expected to be launched on Dec. 6.
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic.
After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.
Bitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000?
FIL might be more than 70% away from its all-time high, but derivatives data shows traders are steadily building leveraged positions.
The first Bitcoin futures-linked ETF is finally launching in the United States after years of effort.