#options News

Bakkt Confirms Launch of Futures on September 23

Bakkt Fizzles Out as Zero Bitcoin Options Traded on the Platform in June

July 24, 2020 by Shaurya Malwa at Bitcoin

Wall Street-esque Bitcoin options have experienced a massive rise in popularity this year, recording hundreds of millions in volume across various exchanges. However; one major player continues to disappoint. Bitcoin Options go to Zero Bakkt – once touted as the poster child for the institutionalization of Bitcoin – seems to...

$1 Billion Worth of Bitcoin Options Are Expiring Today, Here’s What It Means

June 26, 2020 by Shaurya Malwa at Bitcoin

The BTC options market has heated up in the past year - with expiration dates becoming one of the most anticipated events throughout the year. Today, on June 26, Bitcoin options worth $1 billion will expire, with analysts divided on the consequent market impact. Billion-dollar Expiry One billion dollars worth...

Bitcoin Options Volume Surges to $1.5 Billion; Deribit on Top, Bakkt Disappoints

June 11, 2020 by Shaurya Malwa at Bitcoin

Bitcoin options have experienced a massive rise in popularity this year. The Wall Street-esque financial tool allows traders to speculate on future values of an underlying asset - usually with huge leverage and the potential for life-changing payouts. Deribit Leads Race A report by on-chain analytics firm Skew on March...

The Crypto Community's Obsession with Bitcoin and Altcoin ETFs

Bitcoin Options Purchased For $1 Million Will Soon Become Obsolete

December 10, 2018 by Cindy Huynh at Bitcoin, Business, Finance, News, Platform, Tech

Last year in December 2017, just a few days after Bitcoin hit its peak, Ari Paul, a cryptocurrency fund manager at BlockTower Capital purchased Bitcoin Options with a strike price of $50,000 for almost $1 million on the Ledger X’s Trading platform. According to Crain’s Chicago Business’ article published on...

U.S. Commodity Futures Trading Commission Approves Bitcoin Options Trading

July 11, 2017 by Alex Lielacher at Bitcoin, Finance, News, Regulation

U.S. financial regulators are not (yet) comfortable with a publicly-traded bitcoin ETF as witnessed by the SEC’s rejection of the Winklevoss Coin ETF. However, it turns out that they are comfortable with granting institutional investors access to bitcoin derivatives. On July 6, the U.S. Commodity Futures Trading Commission (CFTC) announced...