Options
Bitcoin Price Flashes $750M Warning Sign As 60,000 BTC Options Set To Expire
The Bitcoin price has climbed more than 20% over the last 30 days but traders could be in for a $750 million shock through the markets on Friday.
Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings
BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
![[Rejected] Bakkt to Launch First Regulated Options Contracts for Bitcoin Futures in December](https://image.blockchain.news:443/thumbnails/6662F36B618E86BCDF965C6009D56D2EB85BBBDC2E4D3D1A9A4D0033F63110CD.jpg)
[Rejected] Bakkt to Launch First Regulated Options Contracts for Bitcoin Futures in December
Bakkt, a subsidiary of the Intercontinental Exchange (ICE) planned to launch its first regulated options contract for bitcoin futures on December 9.