Jan 25, 2024

"CoinDesk Daily" host Amitoj Singh breaks down the biggest crypto headlines impacting the industry today, as billions of dollars worth of bitcoin and ether options are set to expire on Deribit.

Video transcript

Traders are pending $5.8 billion crypto options. Expiry and Tesla's earnings report fails to even mention Bitcoin. You're watching Coin De Daily. I am to sing your host. Bitcoin is aiming to establish a foothold above $40,000 as traders await a massive crypto options. Expiry on Friday. Bitcoin options worth 3.75 billion and options worth over 2 billion will expire on debit. The world's largest crypto options exchange, accounting for over 85% of the global activity. Bitcoin holdings for Tesla likely did not change in the last quarter of 2023. As the latest earnings report from the electric car maker did not mention buying or selling the Cryptocurrency. The Elon Musk Led company holds over 9720 Bitcoin according to data tracked by Bitcoin treasuries. And that makes it the third largest public holder of the asset behind Micro Strategy and Mining player marathon and bit wise became the first of the spot Bitcoin ETF issuers to share its digital wallet address with the public. The crypto asset manager posted a screenshot on X showing the bit wise Bitcoin etfs, Bitcoin address along with holdings, noting that anyone can now verify the funds holdings and flows directly on the Blockchain. That's it for coin desk daily. Get more updates on coindesk.com and we'll see you next time.

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