Deribit

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Videos

Circle stock tumbles 20% on newest Clarity Act draft

Circle shares fell 20% and Coinbase dropped about 10% after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The sell-off also comes as rival Tether moved to bolster confidence by hiring a Big Four accounting firm for a full audit. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.

CoinDesk

Markets

Quadruple witching arrives tomorrow as markets brace for potential bitcoin volatility

Bitcoin tended to show muted performance on quadruple witching days in 2025, followed by weakness in the days to weeks after.

Fireworks explode in the night sky. (photogrammer7/Pixabay)

Markets

Bitcoin’s $40,000 put becomes second-largest options bet ahead of February expiry next week

Heavy positioning at lower strikes signals rising demand for downside protection for bitcoin.

CoinDesk

Markets

Bullish bitcoin traders grab crash protection as Friday's $8.9 billion expiry nears

Bitcoin and ether options worth billions of dollars are set to expire this Friday.

CoinDesk

Markets

Bitcoin risks fourth straight monthly loss, a streak not seen since 2018

A rare streak of four consecutive declines collides with January options expiry that could influence short term price action.

Red traffic signal. (GoranH/Pixabay)

Markets

Bitcoin options open interest extends dominance over futures, damping BTC volatility

Bitcoin options open interest continues to outpace futures, marking a move away from leverage-driven speculation toward volatility and risk-management strategies.

The word "options" (Peggy_Marco/Pixabay)

Markets

Bitcoin traders kick off 2026 with bets on price rally above $100,000

Dominant call positioning is shaping bitcoin’s price dynamics as bitcoin breaks out of its sideways range.

CoinDesk

Markets

Bitcoin nears breakout from the $85,000-$90,000 range as options expiry looms

A year-end options expiry for bitcoin is suppressing volatility just as macro and risk-asset positioning turns supportive for a higher price.

CoinDesk

Markets

Bitcoin Traders Target $20K Bitcoin Strike as Deep Out of the Money Options Gain Traction

These flows represent a bullish bet on volatility rather than a downside hedge or outright bearish position.

CoinDesk

Markets

Bitcoin Faces $13.3B Monthly Options Expiry as BTC Trades Well Below Max Pain

A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.

Open Interest by Strike Price (Deribit)