Investors are afraid of a 2019-style 30% Bitcoin price drop, but options data suggest $18.5K is not the top.
Options data shows pro traders are not confident that Ethereum price will follow Bitcoin’s rally to new 2020 highs.
After passing $16,000, most analysts are optimistic about Bitcoin’s short-term outlook, but some are worried about a potential correction.
Data shows Bitcoin spot volume reached a 2020 high as retail and institutional interest surged.
Even as $525 million in Bitcoin options expire on Friday, bulls are expected to strongly defend the $15.5K level.
Cryptocurrency exchange FTX has announced the launch of quarterly futures on stocks, allowing users to trade with up to 100x leverage on Tesla, Google, Netflix, Amazon, Apple, Pfizer, and Alibaba stock futures.
The post FTX has listed quarterly futures on stocks with 100x leverage appeared first on CryptoSlate.
Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly.
This Friday’s unusual weekly $470 million Bitcoin options expiry seems bearish at first glance, but those bets have gone terribly wrong.
Exchanges may consider markets for “Beacon chain ether” – that is, ether that’s been staked in the Ethereum 2.0 deposit contract.
Open interest in Bitcoin options reached a new record at $2.9 billion, signaling that pro traders remain bullish on BTC price.