Crypto Blog
Aside from a minor mid-week dip, crypto markets have been relatively inactive in the past several days and continue to trade sideways.
The notional value for this week’s batch of expiring BTC contracts is around $1.15 billion, according to Deribit. The batch is slightly smaller than last week’sThe put/call ratio for this week’s BTC options is 0.64, which means that more calls, or long contracts, are expiring than puts or shorts. Overall, the open interest for Bitcoin call options is more than double the OI for put options, indicating bullish trader sentiment.
Moreover, trading firms like QCP Capital and Paradigm have observed revived demand for upside call options, including buyers closing existing positions to roll into higher strike calls expiring in July and September.In addition to today’s batch of Bitcoin options, 276,000 Ethereum contracts are also set to expire.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As Broader Crypto Markets Head Lower, These 2 Altcoins Are Bucking the TrendMarket Analysis by Investing.com (Günay Caymaz) covering: Bitcoin, Ethereum, RNDR/USD, TON/USD. Read Investing.com (Günay Caymaz)'s Market Analysis on Investing.com
Read more »
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution LoomKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »
Arbelos Markets raises $28 million, amid growing institutional interest in crypto derivativesArbelos Markets on Wednesday said it raised $28 million in a recent seed funding and debt financing round.
Read more »
Injective, Underperforming in Crypto Markets, Now Plans Layer-3 Chain on ArbitrumMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »
Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly CapitalKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
Read more »
Crypto Markets Lost $60 Billion as Bitcoin (BTC) Dropped by $3K (Market Watch)Crypto Blog
Read more »