Here’s What the Bitcoin Options Market Says About Halving
The halving, due on April 20, will reduce the per-block bitcoin emission to 3.12 BTC from 6.25 BTC, slowing the pace of supply expansion by 50%.
The halving, due on April 20, will reduce the per-block bitcoin emission to 3.12 BTC from 6.25 BTC, slowing the pace of supply expansion by 50%.
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.
The surging implied volatility has boosted the allure of “call overwriting” strategies that allow investors to generate additional yield on top of their spot market holdings.
The latest price moves in crypto markets in context for Feb. 13, 2024.
The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.
Some traders bought bitcoin calls at strikes $45,000 and $46,000 during Thursday’s U.S. trading hours, according to over-the-counter institutional cryptocurrency trading network Paradigm.
Puts are overbought and calls [are] being sold, Deribit’s CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.
The expiry is Deribit’s largest so far and a record of almost $5 billion of options will expire in the money.
Increased interest in the three-dimensional options trading suggests an influx of sophisticated traders in the crypto market.