BITPRISMIA
Deribit, in collaboration with Coinbase, is launching USDC-settled linear options for Bitcoin and Ether on August 19, aiming to enhance accessibility and liquidity in the crypto derivatives market.
A significant Bitcoin options expiration event worth $4.7 billion is set to occur on August 15, alongside $1.3 billion in Ethereum options, which may impact market activity and trading strategies.
Ethereum options open interest (OI) has surged to $13.75 billion, nearing its previous record, reflecting strong market interest and potential impacts on Ethereum's price and derivatives market.
A hidden signal from the derivatives market suggests that ether (ETH) could experience a quick rally to $4,400 due to negative net gamma exposure between $4,000 and $4,400.
The article discusses the upcoming $8.8 billion Bitcoin options expiry on December 26, highlighting why a $200K Bitcoin rally by year-end is unlikely despite high open interest in call options.
XRP's price surged 12% in 24 hours, reaching its highest level since July 28, driven by traders using a 'straddle' strategy to bet on volatility, and the resolution of the Ripple-SEC case removed a major regulatory hurdle.
On August 8, a significant Bitcoin options expiry event worth $4.11 billion will occur, alongside an Ethereum options expiry of $864.16 billion, which could impact market liquidity and trading activity.
Dubai's Virtual Asset Regulatory Authority (VARA) has approved its first Crypto Options License, marking a significant step in the emirate's efforts to become a global crypto hub by introducing regulated cryptocurrency derivatives.
Bitcoin and Ethereum options traders are showing a bearish shift ahead of the August 29 expiry, with increased hedging against downside risks through put options.
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