$1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage
Commodities rallied as the United States Treasury struggled with the banking crisis, but Bitcoin bulls also overplayed their hand in this week’s options expiry.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Commodities rallied as the United States Treasury struggled with the banking crisis, but Bitcoin bulls also overplayed their hand in this week’s options expiry.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Toto Finance seeks $5M from Cardano treasury for copper reserve
Cardano's treasury decision could redefine its role, balancing between funding innovation and engaging in speculative investments,...
Ethereum options traders are paying up for volatility the market hasn’t delivered
The high variance risk premium suggests potential mispricing, impacting traders' strategies and market stability if volatility exp...
Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm
Sen. Richard Blumenthal (D-Conn.), the ranking member of the Senate Permanent Subcommittee on Investigations, demanded records on...
Ripple and Arf Bring $10B PayFi Settlement Liquidity to XRP Ledger With RLUSD
Key Takeaways: For licensed payment companies on the XRP Ledger, Arf is rolling out settlement financing using RLUSD. About $10 bi...
Ripple Makes a Shock SEC Move After $150M XRP Fight as OCC Unveils GENIUS Act Rules
In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law tr...
Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals
Bitcoin Magazine Circle Shareholder Sues Trump, Alleging Unconstitutional Profits From $2B UAE Crypto Deals A shareholder from one...