Ethereum shillers call for $5K ETH, and this time derivatives data is backing...
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic. Ether (ETH) pundits have been shouting that the $5,000 price has been 'programmed,' since 2018, and some go even further by calling for $20,000 over the long term. $5000 $ETH. It is programmed.— Koroush AK (@KoroushAK) October 29, 2021 A portion of these bullish calls are based on ETH 2.0 staking and the reduced inflation resulting from EIP-1559.At this time in 2017, $BTC was around $2k Just 7 months later it was almost $20k What do you think happens when the world....
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Micro Ether futures will become the fourth crypto derivatives product by CME and is expected to be launched on Dec. 6. The Chicago Mercantile Exchange (CME), one of the world’s biggest derivatives marketplaces, continues expanding its cryptocurrency derivatives offerings by adding a new Ether (ETH)-based product.CME announced Tuesday that it is planning to launch a micro Ether futures contract, sized at 0.1 ETH, enabling a new type of Ether exposure to institutional and individual traders.The new product will become the fourth crypto derivatives product ever launched by CME and is expected....
Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future. After marking a new $1,477 high on Jan. 24, Ether's (ETH) price was shaken down to $1,206 on Jan. 27 but according to derivatives markets, bulls remain confident that $2,000 is still within reach.The neutral-to-bearish put options open interest above $1,360 is irrelevant and only 2,540 ETH options, equivalent to a $3.4 million in open interest, is above that price level. That being said, more than 99.5% of the put options....
Volatility derivatives are coming to DeFi with backing from several VC giants. A number of venture capital giants have completed a financing round for Ethereum-based volatility and derivatives protocol Volmex Finance.According to a March 17 announcement from Volmex Labs, the financing round was contributed to by several leading decentralized finance venture capital firms including Alameda Research, Three Arrows Capital, Robot Ventures, CMS Holdings, IOSG Ventures, D64 Ventures, and Fourth Revolution Capital in addition to a number of individual angel investors including BarnBridge's Tyler....
Ethereum is struggling to push above $2,400 as buying pressure builds against resistance that has capped the recovery at every recent attempt. The market is heating up — but a CryptoQuant analyst has examined the derivatives data and found a reading that adds important structural context to both the difficulty at the current level and […]
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.” Ethereum Options Volume Grows Exponentially, $50K Strike Flexes Muscle When it comes to bitcoin (BTC) derivatives, the trading platform Deribit captures the lion’s share of today’s options volume. The cryptocurrency exchange also features bitcoin futures and ethereum options as well.....