Options

Options

Markets

DeFi Platform Opyn Launches Put Options on Compound Token

Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.

(D.Somsup/Shutterstock)

Markets

Market Wrap: Bitcoin Tests $9K as Market Struggles With Uncertainty

After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.

Source: CoinDesk Bitcoin Price Index

Markets

First Mover: What’s Going On With Bitcoin Derivatives?

Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent.

(Pachai Leknettip/Shutterstock)

Markets

Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K

Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.

Source: CoinDesk Bitcoin Price Index

Markets

Bitcoin Options Market Faces Record $1 Billion Expiry on Friday

The cryptocurrency’s options market is on its way to a record $1 billion monthly expiry this Friday.

skew_btc_options_open_interest_by_expiry_k (1)

Finance

DeFi Hedging Startup Opyn Raises $2.16M Seed Round Led by Dragonfly Capital

Opyn, a hedging instrument for decentralized finance (DeFi) has closed a $2.16 million funding round led by Dragonfly Capital.

(Benedek Alpar/Shutterstock)

Markets

Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen

Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud

Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.

Source: CoinDesk Price Index

Markets

Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests

The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.

btc chart jun 15

Markets

Crypto Derivatives Exchange OKEx Launches Options on Ether

Malta-based cryptocurrency exchange OKEx rolled out option contracts on Ethereum’s ether (ETH) token on Thursday, ending the Panama-based Deribit’s virtual monopoly in the space.

Credit: Shutterstock