Bitcoin News
By Evie Vavasseur
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What Is Open Interest in the Bitcoin Options Market?. Open interest represents the total value of outstanding options contracts on Bitcoin that have not…
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BlackRock’s Spot Bitcoin ETF Drives Market Activity. A key factor behind this record-level open interest is the growing influence of BlackRock’s spot…
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Traders Position for a Rally Toward $116,000. Data from crypto analytics provider Amberdata reveals that traders’ current positioning points to…
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Deribit’s Call Options See High Demand. Deribit, a leading crypto derivatives exchange that Coinbase plans to acquire for $2.
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Bitcoin Price Momentum and Market Impact. Bitcoin’s spot price recently hit a new all-time high of $111,808, representing a 4.
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What This Means for Investors and Traders. The record open interest in the Bitcoin options market signals increasing confidence that Bitcoin…
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Conclusion. The Bitcoin options market is currently experiencing a surge in open interest that reflects strong…
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The Bitcoin options market has recently experienced an unprecedented surge in open interest, reaching a historic high of approximately $65 billion.
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Excluding BlackRock’s ETF options, Bitcoin options open interest peaked at around $46 billion in November 2024.
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Data from crypto analytics provider Amberdata reveals that traders’ current positioning points to a likely price rally into the $116,000 to $120,000 range.
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Greg Magadini, Director of Derivatives at Amberdata, explained that this broad participation in the options market underscores confidence in Bitcoin’s upward momentum.
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Crypto analytics firm Block Scholes also supports this bullish outlook. On social media platform X, formerly known as Twitter, Block Scholes reported that out-of-the-money call…
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Deribit, a leading crypto derivatives exchange that Coinbase plans to acquire for $2.9 billion, recently reported $23 billion worth of call options outstanding, compared to $13.
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The strong demand for call options on Deribit further confirms that traders are positioning for higher Bitcoin prices in the coming weeks and months.
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Bitcoin’s spot price recently hit a new all-time high of $111,808, representing a 4.2% gain over the previous day and a 23% increase over the last 30 days.
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