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Bitcoin bulls await $15 billion options expiry: Is $80K inevitable?

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With the arrival of the deadline for the cryptocurrency options exchange Deribit to settle its $15 billion contracts in Bitcoin (BTC) and Ethereum (ETH), Bitcoin bulls in particular have a strong reason to rejoice, as early as this weekend or next week, with a possible $80,000 waiting around the corner. Specifically, Bitcoin is still trading above its 2021 all-time high (ATH), with the possibility of a breakout this weekend or next week, against the backdrop of the expected expiration of $15 billion in digital assets, as the crypto analyst CryptoJelleNL noted in an X post on March 29. Bitcoin price prediction On top of that, the pseudonymous crypto trading expert has shared the BTC price prediction that sees the flagship decentralized finance (DeFi) asset hitting the target at $80,000 in “a matter of time,” as it has recently broken out of its descending broadening wedge and above its weekly support. Picks for you How much will MARA stock be worth if Bit...

ETH options call block volumes exceed $250 million 

The market for options related to Ethereum (ETH) saw a significant increase in the trading of call options, with over 140,000 contracts traded on Oct. 30. These numbers indicate bullish sentiment among prominent investors. Bullish sentiment among investors According to the Oct. 30 post from Greeks Live, the solution provider for crypto options traders, the majority of these transactions involved active buying of monthly options in the 1650/1700/1800 range set to expire on Nov. 24. The ETH options market saw huge volumes of call block today, with over 140,000 traded with a notional value of over $250 million . Most was active buying of monthly options at the 1650/1700/1800-24Nov. Such large-scale active buying of ITM options is certain to be a stop-loss… pic.twitter.com/RAkQlBVtQ0 — Greeks.live (@GreeksLive) October 30, 2023 The post goes on to state that put sells have increased 6.28 percent and put buys have increased 6.11 percent, at the same time that call sells ha...

Crypto options thriving as futures market struggle; investors bullish on Neo and InQubeta

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The options market is growing and resilient, even outperforming futures, which has been sluggish. Amid this, Neo (NEO) and InQubeta (QUBE), the artificial intelligence (AI)-inspired project, remain bullish. This article examines the fundamentals and unique value propositions of Neo and InQubeta, exploring factors that contribute to their bullish outlook, making them altcoins worth keeping an eye on. Let’s delve into the details. InQubeta: defi project with a promising outlook InQubeta has been gaining attention due to its fundamentals at the intersection of blockchain and AI.  Its real-world application and fusion of AI and blockchain could explain its popularity, raising over $3.5 million in the ongoing presale. This may highlight its novelty and fundamentals, which could drive adoption. As an intersection of AI and blockchain, InQubeta leverages the blockchain to reshape the fundraising landscape of the AI industry.  It aims to become the first crowdfundin...