Crypto markets have largely held on to gains this week, buoyed by Ethereum and the US Securities and Exchange Commission’s approval of spot exchange-traded funds.
However, around $1.4 billion in notional value Bitcoin options contacts will expire on May 24.
The 21,000 contract expiry is a relatively small event compared to the month-end May 31 expiry which will see a whopping $4.3 billion worth of options expire, according to Deribit.
Bitcoin Options Expiry
The put/call ratio for this week’s Bitcoin options contracts is 0.88, which means that long and short-contract sellers are relatively evenly matched with slightly more calls expiring. The max pain point, or the price at which most option contract buyers lose their premium, is $67,000.
The longs are also dominating in open interest (OI) with around $830 million at the $70,000 strike price. Higher strike prices also have a lot of OI, with around $843 million at $100,000, according to Deribit.
The $60,000 strike price has the highest amount of OI for put contracts with $388 million. Open interest refers to the number or value of contracts that have yet to be settled, so the bulls expect much higher BTC prices.
Chart Bitcoin OI by expiry. Source: Deribit
In addition to today’s Bitcoin options there are around 354,000 Ethereum contracts expiring today. These have a notional value of $1.5 billion and a put/call ratio of 0.57 with more calls expiring than puts.
Derivatives traders have been speculating on ETH in the run-up to the long-awaited SEC deadline. There is around $515 million in OI at the $4,000 strike price as bulls expect more momentum.
“BTC pulled back as expected, compared to the very strong support for ETH’s price, with ETH’s current weekly weighted IV still exceeding 100%, while BTC’s current weekly IV is only 50%,” commented crypto derivatives software provider Greeks Live.

#Ethereum
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Ether falls after SEC approves rule change that would open door for spot ETH ETFs: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Hany Rashwan, CEO of 21Shares, one of the potential issuers of spot ether ETFs in the United States, explains what comes next after the SEC approved a rule change that would pave the way for the products.

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Cryptocurrencies have captured the attention and imagination of a new generation of investors across the globe. From Bitcoin to Ethereum to the growing list of altcoins, there’s little question that the volatile and fast-moving crypto industry keeps participants, observers, and regulators on edge. More and more, though, mainstream companies are looking at cryptocurrencies and adjacent technologies as a way to tap into new markets—or to create them from scratch in new, virtual worlds. CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers a look at what’s ahead with high-profile interviews, explainers and unique stories from the ever-changing crypto industry.

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41592.880.551022917.6769
41592.690.0228948.3133
41592.311.262752518.6098
41592.271.827676014.0327
41592.260.15196317.8643
41592.0512.2137507992.8211
41592.040.241510044.4777
41591.840.12665265.5269
41591.540.435318104.7974
41591.090.268111150.5712
41591.09
≈ $ 41,591.09
41591.080.21959129.2421
41590.920.0130540.6820
41590.660.0126524.0423
41590.120.000312.4770
41590.111.718271460.1270
41590.100.548222799.6928
41589.960.241810056.4523
41589.650.0190790.2034
41589.350.0190790.1976
41588.260.0228948.2123
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What is this crypto?

What is cryptocurrency? A cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system.

#BTCUSDT pump after anoused EFT project in 5 DEcember to 8 dec

As of my last knowledge update in January 2022, I don't have the specific information regarding recent statements or beliefs from the San Francisco Fed President about interest rates. Economic conditions, central bank policies, and statements from officials can change over time.
For the most current and accurate information, I recommend checking the latest statements or press releases from the San Francisco Federal Reserve or reliable financial news sources. Central banks frequently provide updates on their views about interest rates, inflation, and the overall economic outlook.

It's important to note that engaging in any investment or trading activities, including those on platforms like Binance, involves risks. Before considering any investment method, it's crucial to do thorough research, understand the associated risks, and consider your own risk tolerance and financial situation.
Binance offers various services, including trading and earning opportunities. Here are some methods users commonly explore on Binance:
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4. **Binance Savings:** Binance offers various savings products where users can earn interest on their idle crypto assets.
5. **Binance Earn:** Users can participate in various financial products on Binance Earn, such as flexible savings and fixed-term savings.
6. **Launchpad:** Participating in token sales on Binance Launchpad can be a way to get involved in new projects, but it carries risks, and participation may be subject to eligibility criteria.
It's crucial to approach any investment strategy with caution and consider the following:
- **Risk Management:** Only invest what you can afford to lose.
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If you're new to investing or trading, consider seeking advice from financial professionals and educating yourself on the fundamentals of the cryptocurrency market. Keep in mind that past performance is not indicative of future results, and markets can be highly volatile. Always be wary of potential scams and fraudulent schemes.

#gas do not buy gass coin now

#GASUSDT Alert🛑🛑🛑🛑🚨🚨
Donot buy gas coin today .
it has been droped.
i am buy on 12$ but on is 8.65$ .
I am in lose.

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