Category: Deribit

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Binance, FTX To Dominate Bitcoin Futures in 2022, But DEXes Also Gaining Ground – Report

  The major cryptocurrency exchange Binance will continue to dominate the bitcoin (BTC) futures market in 2022, with competition from FTX heating up. At the same time, more stringent regulations mean all centralized exchanges will be challenged by decentralized alternatives in the new year, crypto researcher Arcane Research has predicted…. Read More: Binance, FTX To…
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Bullish Options Data Gives Hope to Ethereum, Bitcoin Investors

  Large options trades that appear to be betting on a year-end rally for ethereum (ETH), and higher prices for bitcoin (BTC) in January, are getting the attention of some crypto traders. The bullish bets on BTC and ETH were seen on Deribit, the crypto derivatives exchange that accounts for the majority of volume and…
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Here’s why Ethereum traders could care less about ETH’s current weakness

ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish. Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at…
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Markets rally after FOMC meeting, but Bitcoin bears still have a short-term advantage

Bitcoin, altcoins and stocks rallied shortly after the Fed laid out its policy roadmap for 2022, but bears still have an advantage in this week $755 million options expiry. Bitcoin’s (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2%…
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2 key Bitcoin trading metrics suggest BTC price has bottomed

Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over. Bitcoin (BTC) has been struggling to sustain the $47,500 support since the Dec. 4 crash, a movement that wiped out over $840 million in leveraged long futures…
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$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price

BTC bulls are looking at a $300 million loss after last week’s 11.5% correction set them up as the losers of Dec. 10’s $1.1 billion options expiry. Bitcoin (BTC) bulls are still licking their wounds from the bloody Dec. 4 correction, which saw the price collapse from $57,000 all the way to $42,000. This 26.5%…
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Victory is for the taking in Friday’s $950M Bitcoin options expiry

With BTC price under $57,000, bears appear to have a slight advantage in this week’s $950 million BTC options expiry. Bitcoin (BTC) price is down this week, and naturally, bears will always find some reversal signal whenever the price shows strength, such as the 8% gain on Nov. 28. Of course, technical analysis is not…
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This simple Bitcoin options strategy lets traders profit while also hedging their bets

Not sure which way BTC price might go? Here’s how pro traders use the “iron condor” options strategy to place carefully hedged bets. For traders who are undecided on Bitcoin’s (BTC) move, the “long condor with call options,” or the “iron condor” options strategy, yields optimal results with very low risk. This strategy offers protection…
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Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emerges

Bears took control of BTC price after options markets flashed bearish signals, but should traders be worried? Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.” We’ve seen 25-Delta put skew…
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Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry

Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000. Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that th descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance. BTC/USD price on…
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