This Friday, the spotlight is turned to Deribit, the leading crypto derivatives exchange, as it gears up for a notable event in its trading history. Particularly, the exchange is poised to witness the expiration of over $9.5 billion in Bitcoin options open interest. For context, Open interest refers to the …
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The upcoming $2 billion Bitcoin (BTC) monthly options expiry on July 28 could potentially establish $29,500 as a support level. Some argue that the recent U.S. Federal Reserve interest rate increase to 5.25% had a detrimental effect on risk-on assets like cryptocurrencies. However, Bitcoin bulls believe that the full impact …
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Bitcoin’s (BTC) 43% rally between March 10 and March 20 surprised options traders and this is proven by the minimal14% of the $1.12 billion open interest set to expire on April 7 being placed at $28,000 and higher. The positive price movement can be partially attributed to an increase in …
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Bitcoin buyers’ sentiment improved after indicators pointing to decrease inflationary strain advised that the U.S. Federal Reserve may quickly transfer away from its rate of interest enhance and quantitative tightening. Generally often known as a pivot, the pattern change would profit threat property reminiscent of cryptocurrencies. On Jan. 22, the …
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Bitcoin (BTC) price jumped to $17,500 on Jan. 11, driving it to its highest level in three weeks. The price move gave bulls control of the $275 million BTC weekly options expiry on Jan. 13 because bears had placed bets at $16,500 and lower. The recent move has perma-bulls and …
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The deepening political crisis in Haiti has come into renewed focus as the country’s only remaining senators saw their terms expire overnight, an alarming development in a country beset by surging gang violence and instability. The Senate was Haiti’s last democratically elected institution, though its ranks had been reduced to …
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Comment on this story Comment PORT-AU-PRINCE, Haiti — Haiti awoke Tuesday stripped of its last democratically elected institution — this time, its Senate — an alarming development that solidifies what some call a de facto dictatorship nominally in charge of a country wracked by gang violence. While only 10 senators …
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