Bitcoin Bulls and Bears Prepare for $10 Billion BTC Options to Expire at End of Year
$10.1 billion In Bitcoin choice expire on Dec. 29. Cointelegraph examined if bulls Or bear will to have THE superior hand.
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Bitcoin (BTC) walk East preparing For A $10.1 billion choice expiry, A significant event together has occur on Dec. 29 has 8:00 a.m. am AND. THE last data noted that call (buy) choice socket A clear advantage, but bear could significantly limit their losses by push Bitcoin price below $42,000.
Both sides to have incentives has influence Bitcoin place price, but as THE deadline approaches, A can gauge THE result base on THE expiry price. THE choice walk chief, Deribit, is bragging A impressive $7.7 billion open interest, but THE surprise come Since THE finalist, THE Chicago Mercantile Exchange (CME), with $1.38 billion. THE CME open interest East more that double that of OKX, which East In third place with $630 millions.
Place Bitcoin ETFs expectations gave bullish choice A edgeTHE imminent approval of A place Bitcoin exchange traded funds (ETF) In January has A substantial impact on THE December choice expiry. THE Securities And Exchange Commission (SECOND) has notably amended It is approach In how he commits with ETFs supporters. Instead of downright refusals, THE SECOND has has been actively engaging In dialogue with ETFs creators. This change In approach East A positive signal And raised expectations of potential ETFs approval In January. This alone explain Why bear are unlikely has succeed In deletion Bitcoin price below $40,000 in front of THE end of the year BTC choice expiration.
In another significant development, Binance recent advocacy agreement with THE WE. Department of Justice And regulators means THE evolution cryptocurrency landscape towards compliance And Anti-money Whitening practices. This development noted THE increasing the integration In THE General public F...
$10.1 billion In Bitcoin choice expire on Dec. 29. Cointelegraph examined if bulls Or bear will to have THE superior hand.
Walk
Analysis
Join
We
on
social
networks
Bitcoin (BTC) walk East preparing For A $10.1 billion choice expiry, A significant event together has occur on Dec. 29 has 8:00 a.m. am AND. THE last data noted that call (buy) choice socket A clear advantage, but bear could significantly limit their losses by push Bitcoin price below $42,000.
Both sides to have incentives has influence Bitcoin place price, but as THE deadline approaches, A can gauge THE result base on THE expiry price. THE choice walk chief, Deribit, is bragging A impressive $7.7 billion open interest, but THE surprise come Since THE finalist, THE Chicago Mercantile Exchange (CME), with $1.38 billion. THE CME open interest East more that double that of OKX, which East In third place with $630 millions.
Place Bitcoin ETFs expectations gave bullish choice A edgeTHE imminent approval of A place Bitcoin exchange traded funds (ETF) In January has A substantial impact on THE December choice expiry. THE Securities And Exchange Commission (SECOND) has notably amended It is approach In how he commits with ETFs supporters. Instead of downright refusals, THE SECOND has has been actively engaging In dialogue with ETFs creators. This change In approach East A positive signal And raised expectations of potential ETFs approval In January. This alone explain Why bear are unlikely has succeed In deletion Bitcoin price below $40,000 in front of THE end of the year BTC choice expiration.
In another significant development, Binance recent advocacy agreement with THE WE. Department of Justice And regulators means THE evolution cryptocurrency landscape towards compliance And Anti-money Whitening practices. This development noted THE increasing the integration In THE General public F...
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