• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021

by
December 18, 2020
in Uncategorized
0
Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021

Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021.

Related articles

The Money Roundup: Making Cents of Blockchain Fundraising News

April 14, 2021

Enjin Price Surges After JumpNet Goes Live

April 14, 2021

While bitcoin (BTC) spot markets touched an all-time high (ATH) this year at $23,777 per coin, derivatives markets have been seeing lots of action as well. On Thursday, December 17, 2020, researchers from skew.com tweeted about the record BTC options volumes crossing $1 billion for the first time.

The aggregate total of $1 billion in bitcoin options daily volume stemmed from exchanges like Deribit, Okex, Bit.com, CME Group, Ledgerx, Huobi, and Bakkt.

“Bitcoin options first $1bln day,” Skew tweeted on Thursday. Skew’s chart shows that Deribit leads the record turnover, followed by the derivatives markets on Bit.com and Okex respectively.

Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021

Deribit’s market update sent to news.Bitcoin.com shows that open interest has also seen an all-time high. Thursday’s BTC options on Deribit clocked in at over 223,000 BTC or $5 billion. At the same time, there was $291 million in BTC futures, $228 million in perpetual swaps as well.

“We have seen a total turnover of USD 3.5 billion today (rolling 24 hrs),” Deribit said on Thursday. “We have seen a total turnover of USD 1.4 billion today (rolling 24 hrs).

Deribit also added:

[The exchange] gets a lot of demand for higher strikes and has just introduced a USD 100k strike for September ’21.

This means that derivatives traders leveraging Deribit can bet on BTC reaching $100k using the options contract. Deribit has said some trades have been executed since launching the contract on Thursday and the call and put options have an expiry date of September 24, 2021.

A number of contracts are also expiring on Christmas day, as Deribit says “80k contracts or USD 1.85 billion monster expiry” is set to happen.

Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021

At the same time as the heated derivatives market action, skew.com also tweeted about the spot market action that took place on Thursday. “Record spot session yesterday, $3bln+ BTCUSD traded across largest fiat-crypto exchanges,” Skew tweeted.

The market researchers also showed a chart on Friday that indicated an 88% probability that BTC prices will be over $20k by the year-end.

What do you think about all the derivatives markets action and the $1 billion in daily bitcoin options on Thursday? Let us know what you think about this subject in the comments section below.

The post Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021 appeared first on Bitcoin News.

Share76Tweet47

Related Posts

The Money Roundup: Making Cents of Blockchain Fundraising News

by
April 14, 2021
0

From crypto trading to defi, the most exciting areas in blockchain fintech development and innovation are attracting serious investments from...

Enjin Price Surges After JumpNet Goes Live

by
April 14, 2021
0

Enjin, the blockchain platform and creator of the ERC-1155 non-fungible token (NFT) standard, has seen the price of its token,...

Decentralization Demands Better Security for End-Users

by
April 14, 2021
0

The narrative around blockchain technology in 2009 was entirely different from what it is today. When first launched, blockchain was...

Reasons Behind XRP’s Surge to Top $1.90

by
April 14, 2021
0

XRP has been on a tear lately, rallying by more than 65% on a seven-day period to hit $1.90. (Read...

SEC Commissioner Hester Peirce Proposes Revised Crypto Safe Harbor Policies

by
April 14, 2021
0

SEC Commissioner Hester Peirce has released an amended proposal floating the idea of a safe harbor rule for cryptocurrency projects....

Load More
  • Trending
  • Comments
  • Latest
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’

February 6, 2021
Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

Grayscale Investments Buys more ETH as Ethereum Price Shoots to New All-Time High of over $1550

February 3, 2021

Mark Cuban Invests in Mintable

March 6, 2021
Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

Only 5% of Financial Executives Want to Invest in Bitcoin in 2021, According to Survey

February 17, 2021

The Money Roundup: Making Cents of Blockchain Fundraising News

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0

The Money Roundup: Making Cents of Blockchain Fundraising News

April 14, 2021

Enjin Price Surges After JumpNet Goes Live

April 14, 2021

Decentralization Demands Better Security for End-Users

April 14, 2021

Reasons Behind XRP’s Surge to Top $1.90

April 14, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Aave (AAVE)
  • Abra
  • Alt Season
  • altcoin
  • Altcoin Market Cap
  • Altcoin News
  • altcoin prices
  • altcoins
  • Altseason
  • Barstool Sports
  • Basic Attention Token (BAT)
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Ecosystem
  • Binance Smart Chain
  • Binance Smart Chain (BSC)
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • Bitcoin ETF
  • Bitcoin Futures
  • Bitcoin Miners
  • bitcoin network
  • Bitcoin Options
  • Bitcoin price
  • Bitcoin SV (BSV)
  • Bitfinex
  • BitGo
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • Cardano (ADA)
  • Cardano Upgrade
  • Cash app
  • CFTC
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Community
  • Chainlink Oracles
  • Chainlink Price Prediction
  • Changpeng Zhao
  • Charles Hoskinson
  • charlie lee
  • CME Ethereum Futures
  • CME Group
  • coinbase
  • Coinbase (COIN)
  • Coinmarketcap
  • Commodity Futures Trading Commission
  • Consensys
  • Craig Wright
  • Crypto Exchanges
  • cryptocurrency
  • Dash (DASH)
  • Dave Portnoy
  • Decentraland (MANA)
  • DeFi
  • DeFi Pulse
  • Deribit
  • Dogecoin (DOGE)
  • Electric Coin Company
  • Elon Musk
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Fees
  • Ethereum Futures
  • Ethereum Miners
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Filecoin (FIL)
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Grayscale Ethereum Trust (ETHE)
  • Grayscale Investments
  • Guide
  • Guides
  • Huobi
  • Institutional Investors
  • jack dorsey
  • Jay Z
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LINK)
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Maker (MKR)
  • Market
  • Michael Saylor
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • Moneygram
  • Nasdaq
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • OKECoin
  • Other
  • Pantera Capital
  • Polkadot (DOT)
  • Polkadot Price Analysis
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Signal
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Square
  • Stimulus Bill
  • Stimulus Check
  • SushiSwap (SUSHI)
  • Tesla
  • Tether (USDT)
  • tether bitfinex lawsuit
  • Theta Network (THETA)
  • Theta Token
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Uniswap
  • UniSwap (UNI)
  • Wallets and Exchanges
  • WallStreetBets
  • Weiss Ratings
  • WhatsApp
  • World
  • Wrapped Bitcoin (WBTC)
  • XRP
  • XRP Army
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Youtube
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.