• Latest
  • Trending
Ethereum Options Open Interest Hitting New Highs

Ethereum Options Open Interest Hitting New Highs

August 16, 2022
MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

September 25, 2023
BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

September 25, 2023
Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

September 25, 2023
Bitcoin Rally May Be “Brewing”: Glassnode Co-Founder

Bitcoin Rally May Be “Brewing”: Glassnode Co-Founder

September 25, 2023
TYRION Set To Decentralize The $377B Digital Advertising Industry

TYRION Set To Decentralize The $377B Digital Advertising Industry

September 25, 2023
We Need to Reclaim the Narrative on Staking

We Need to Reclaim the Narrative on Staking

September 25, 2023
Ethereum Funding Rates Turn Deep Red, What Does It Mean?

Ethereum Funding Rates Turn Deep Red, What Does It Mean?

September 25, 2023
Will traders suffer more losses

Should Investors Buy More Shiba Memu Tokens

September 25, 2023
Bitcoin price fights for $26K as US dollar strength hits 10-month high

Bitcoin price fights for $26K as US dollar strength hits 10-month high

September 25, 2023
  • Privacy Policy
Monday, September 25, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Ethereum Options Open Interest Hitting New Highs

J_News by J_News
August 16, 2022
in Crypto, Top News
0
Ethereum Options Open Interest Hitting New Highs
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Alex Dovbnya

The Ethereum options market is heating up ahead of the much-awaited merge upgrade

Related articles

MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

September 25, 2023
BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

September 25, 2023

According to data provided by Coinglass, Ethereum options open interest recently surpassed the $8 billion milestone. For comparison, Bitcoin options open interest currently stands at $5.3 billion.

The widely followed technical metric refers to the number of active contracts that are yet to be settled. Open interest decreases as soon as traders close out their positions.

The aforementioned metric is frequently tracked by traders in order to determine the direction of the market. If more traders join the market, it means that a certain market trend probably has legs.  

In early August, Ethereum surpassed Bitcoin in the options market for the first time ever.

Deribit, the largest cryptocurrency options trading platform, recently took note of the “flippening” in a recent tweet. “We like the merge!” the company tweeted.

Deribit
Image by @DeribitExchange

Ethereum’s upcoming transition to the proof-of-stake consensus algorithm has been touted as the key bullish catalyst for the second-largest cryptocurrency as well as the broader cryptocurrency market. The Ethereum spot market saw growing activity in recent weeks, with the price of the Bitcoin competitor soaring above the $1,900 level.     

With Ethereum appearing in the spotlight once again, it is natural that options traders want to get a piece of the action.

The merge, which is arguably the most anticipated crypto-related event of 2022, is expected to happen on Sept. 15. The upgrade could end up being slightly delayed due to possible technical issues that could arise during the final stretch of testing.





Source link

ShareTweetShareShare
Previous Post

Paradox Metaverse Marketplace to Change The Way The Community Trade

Next Post

Houston Texans becomes first NFL team to sell game suite with crypto

Related Posts

MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

MicroStrategy Expands Bitcoin Holdings with $147.3 Million Purchase

by J_News
September 25, 2023
0

In a strategic move, MicroStrategy, the business intelligence (BI) company, and its subsidiaries have made a bold financial maneuver by...

BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

BBC highlights Sam Bankman-Fried with ‘Downfall of the Crypto King’ show

by J_News
September 25, 2023
0

BBC looks at “Sam Bankman-Fried, the mop-haired, nerdy maths genius who set out to transform the world of crypto but...

Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded

by J_News
September 25, 2023
0

Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of...

Bitcoin Rally May Be “Brewing”: Glassnode Co-Founder

Bitcoin Rally May Be “Brewing”: Glassnode Co-Founder

by J_News
September 25, 2023
0

Alex Dovbnya Yann Allemann, co-founder of analytics firm Glassnode, foresees a potential rally brewing for Bitcoin Yann Allemann, co-founder of...

TYRION Set To Decentralize The $377B Digital Advertising Industry

TYRION Set To Decentralize The $377B Digital Advertising Industry

by J_News
September 25, 2023
0

Toronto, Canada, September 25th, 2023, Chainwire TYRION, an innovative force in the realm of decentralized digital advertising, proudly announces the...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

What is Play-to-Earn? A Look at This Exciting Emerging Economy | by Blue Label Labs | The Capital | Feb, 2022

JASMINER X16-Q Officially Opens for Pre-order

Minto is Launching Autofarming For those Who Want to Earn More

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT