Bitcoin Options Craze: OI Looks Set To Keep Printing ATHs, Glassnode Says
Glassnode has explained how the Bitcoin options Open Interest has been climbing recently and looks set to explore new all-time highs (ATHs). Bitcoin Options Open Interest Has Already Bounced Back From Oct Expiry In a new thread on X, analytics firm Glassnode has discussed about the Bitcoin options market. This segment of derivatives trading involves traders betting on future price moves through contracts giving the right (but not the obligation) to sell or buy the cryptocurrency at a set price. Related Reading: Bitcoin Erases Recovery As Coinbase Users Relentlessly Sell Earlier, perpetual....
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On-chain data shows XRP profit realization has witnessed a huge spike recently, but price has rebounded back above $2.50 anyway. XRP Realized Profit Is Up 240% Since Late September In a post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Realized Profit of XRP. The “Realized Profit” here refers to an indicator that measures the total amount of profit investors as a whole are “realizing” through their transactions every day. The metric works by going through the transfer history of each token being transacted on the chain to see what....
As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s future. The question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent? In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny Mom shared that a bottom formation for the Bitcoin price may be around the corner. Sunny Mom’s post was based on four different on-chain metrics, all looking into the behavior of Bitcoin’s market participants. The first of....
Data shows the Bitcoin-denominated Options Open Interest has witnessed a sharp surge recently and set a new all-time high (ATH). Bitcoin Options Trend Suggests Investors Repositioning Amid Downtrend According to the latest weekly report from Glassnode, the recent market volatility has brought with it fresh activity on the options market. Options are one of the […]
Both Gutenberg’s printing press and Nakamoto’s Bitcoin protocol gave us new methods to permissionlessly transport information. The post Bitcoin And The Printing Press appeared first on Bitcoin Magazine.
Data shows the Bitcoin Options 25 Delta Skew has seen a bullish flip, a sign that the traders may be expecting a price rebound. Bitcoin Options 25 Delta Skew Suggests Traders Are Positioning For Upside As pointed out by the analytics firm Glassnode in a new post on X, the Options 25 Delta Skew has […]