Bitcoin Options are holding steady, despite Friday’s expiries that amounted to over $1B. As predicted a week ago, the expiry event was a smokescreen. In fact, the outcome was the opposite of the anticipated crash on the CME, with Open Interest and Volumes remaining consistent. According to data from Skew, $7B worth of contracts expired...Read More
The value of Bitcoin continues to trail under the resistance of $10,440 in the charts, as its inability to peak above continues to draw speculation. Although over the week, the asset has slowly bridged the gap from a bottom of $9890, a prolonged period of consolidation may cause exhaustion in buying pressure as well. The...Read More