Bitcoin's $70,000 and $72,000 call strikes on Deribit have accumulated nearly $5 billion in open interest, with calls outnumbering puts by a significant margin.
- Bitcoin options on Deribit are heavily concentrated at the $70,000 and $72,000 strikes, which together account for nearly $5 billion, or about 18%, of the exchange’s $28 billion in open interest.
- Call positions at those strikes vastly outnumber puts, reflecting strong bullish sentiment. Large bull call spreads and outright call purchases have led to this concentration of open interest.
- Much of the demand for these upside bets has been linked to optimism over the CLARITY Act, but traders have recently scaled back positions.
Newsletters
- 1 Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends 6 hours ago
- 2 Block's new voice AI sounds eerily human, sparking awe and scam fears 7 hours ago
- 3 Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations 7 hours ago
- 4 Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker 7 hours ago
- 5 Argentina drops criminal probe into President Milei over crashed memecoin LIBRA 7 hours ago
- 6 Wells Fargo, Cisco, Marvell among latest firms objecting to OKXICE's tokenized stock plan 8 hours ago
- 7 Bitcoin’s wealthy holders turning to loans and yield as investment habits mature: Xapo CEO 8 hours ago
- 8 U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO 10 hours ago
- 9 Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet 17 hours ago
- 10 Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports 1 day ago
Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters :
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet
Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends
Block's new voice AI sounds eerily human, sparking awe and scam fears
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations
Original sourceCoinDesk
The original source remains the canonical version for attribution, rights, and later updates.
Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.
← Back to latest