Category: Bitcoin Options

Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities. 11633 Total views 85 Total shares The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price dropped to […]

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All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with […]

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Binance to cease crypto futures and options in Australia

Binance to cease crypto futures and options in Australia

Binance users in Australia have 90 days to close their positions for futures, options and leveraged tokens. 501 Total views 11 Total shares Binance, the world’s largest cryptocurrency exchange by trading volume, continues limiting its services amid the ongoing global regulatory scrutiny, announcing new trading restrictions in Australia. Existing Binance users in Australia will have […]

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