The scene on Friday showed that the world of Bitcoin is becoming more professional. A new type of contract linked to BlackRock’s Bitcoin ETF, called IBIT, is trading almost as much on Nasdaq as the older, offshore market on Deribit. In just two years, IBIT options have caught up to a platform that
Bitcoin traders are moving from defensive play to bullish bets after a brief pause in global tensions and a lift in oil prices. On the crypto options hub Deribit, the $80, 000 call has become the most heavily traded strike this week, with about $1. 5 billion in contracts that pay out if Bitcoin c
Traders are taking a cautious approach with Bitcoin, the leading cryptocurrency. They're not expecting big moves anytime soon. This comes after a rough few months that saw over $1 trillion wiped out from the entire crypto market. Bitcoin's value has been bouncing between $80, 000 and $100, 000 for
Bitcoin traders are getting ready for a possible price drop. They are using options to protect themselves. This is happening because of worries about the world economy and politics. Traders are buying more put options than call options. This shows they are worried about a price fall. Put options le
