Deribit to Launch Daily BTC Options as Regulated Competition Heats Up
Launching Feb. 3, Deribit's daily bitcoin index options will appeal to a different kind of trader, the firm says.
The announced closure of one-man bitcoin startup Bittr may be the first of many in the Netherlands as contentious new AMLD5 regulations come into effect.
The traditional markets' recent sell-off drove cryptocurrency prices down, but the way it did so was more complicated than even many of the most sophisticated players in crypto were able to grasp.
Open interest in bitcoin options listed on the Panama-based exchange jumped to a record $1 billion Tuesday, according to data from Skew.
Trading volume records in bitcoin’s options market were smashed on Monday as investors scrambled to hedge their positions amid the selloff.
The new ETH options will be tradable for just 24 hours before expiry.