$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets
The total OI notional value for all outstanding BTC options contracts is $19 billion.
Related Posts
First Loan Ever Issued With Ethereum Domain Name as Collateral
Rocket LP DAO, a 4-month-old loan provider that uses non-fungible tokens (NFTs) as collateral, issued a $1,000 loan this week, backed by only one Ethereum domain name — brantly.eth. The loan was issued for 90 days with a 15% interest rate and is the first loan to ever be issued with only an Ethereum name…
Ankr Network, Stacks and Kadena rally while most altcoins cool off
Even with Bitcoin (BTC) price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin exchange-traded fund (ETF), which is set to begin trading on Oct. 19. While the market waits for the historic ETF launch, BTC…
Things to know (and fear) about new IRS crypto tax reporting
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS) hope to scoop up enormous tax dollars. This reporting regime is projected to rake in an astounding $28 billion over the next ten years. No other provision in this massive recently enacted federal law…
Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets. 142 Total views 12 Total shares BNY Mellon CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services…
Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of domain name auctions by The Open Network (TON), a layer-1 blockchain originally designed by the Telegram team. The blockchain project launched…
Binance Follows Major Cryptocurrency Exchanges With Launch of OTC Trading Desk
Number-one ranked cryptocurrency exchange Binance has announced it had launched its over-the-counter (OTC) trading desks for larger transactions, according to a Jan. 23 blog post.The new tool, simply known as Binance OTC, offers services geared to users performing trades worth at least 20 BTC ($71,000).“Our OTC desk allows Binance users to trade larger amounts of…
U.S. Department of Justice probing $372M FTX exploit – Report
The current whereabouts of the funds remain unknown. 215 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTAccording to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange…
Valkyrie will offer exposure to Ether futures as SEC delays spot Bitcoin ETF
Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown. 389 Total views 7 Total shares Asset management firm Valkyrie will begin offering exposure to Ether (ETH) futures to United States investors through its existing Bitcoin Strategy exchange-traded fund, or