Bitcoin traders are increasingly chasing higher-level call options on Deribit, signaling that they are preparing for renewed bullish price volatility. “Vols remain pinned near historical lows, but a decisive breach of the $110k resistance could spark a renewed volatility bid. Some larger players appear to be positioning for just that,” Singapore-based QCP Capital said in […]
XRP, used by Ripple to facilitate cross-border transactions, ended May with signs of indecision. Still, activity on the dominant crypto options exchange, Deribit, suggests that bulls aren’t ready to back down yet. The payments-focused cryptocurrency formed a “doji” with a long upper shadow in May, a classic sign of indecision in the market, according to […]
Billions of dollars have flowed into the U.S.-listed spot bitcoin exchange-traded funds (ETFs) in recent weeks, as the cryptocurrency chalked out a sharp recovery rally from $75,000 to $100,000. Most of the investment is likely driven by bold, strategic bullish directional bets rather than market-neutral arbitrage plays, data analysis suggests. The 11 spot ETFs drew […]
The complex pipes that keep derivatives trades moving are about to get a major efficiency boost in DeFi, according to Crypto Valley Exchange. Crypto Valley Exchange’s “smart clearing” protocol will lower the capital requirements for derivatives traders by setting collateral levels in light of the traded assets’ correlations in price. In doing so, it could […]