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Options traders target $50,000 Bitcoin in Q1 2024.

Quick Take The Bitcoin (BTC) options market is currently signaling a strikingly bullish sentiment, with an unprecedented premium on calls over puts. Analysis of the 25 Delta Skew (1 week), a measure that captures the market’s perception of implied volatility, reveals an unusual tilt. origin »

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FTX’s Sam Bankman-Fried plans to present financial expert witness in defense.

Embattled FTX founder Sam Bankman-Fried (SBF) plans to call a single financial expert witness for his defense in the ongoing criminal trial. In an Oct. 23 letter, SBF lawyers proposed inviting Joseph Pimbley, a financial expert with over 30 years of experience in derivatives and securities trading, to counter testimonies provided by the government witnesses, […] The post FTX’s Sam Bankman-Fried plans to present financial expert witness in defense appeared first on CryptoSlate. origin »

Bitcoin Traders Embrace Greed After 12% Rally, Time To Sell?.

Data shows the Bitcoin trader sentiment has turned into that of greed since the rally toward the $35,000 level occurred. Bitcoin Fear & Greed Index Is Now Pointing At “Greed” The “Fear & Greed Index” is an indicator that tells us about the sentiment among investors in the Bitcoin and wider cryptocurrency market. The index […] origin »

BlockFi Emerges From Bankruptcy, Begins Asset Distribution Process.

According to a recent announcement, BlockFi, a prominent cryptocurrency lending platform, has emerged from bankruptcy as of October 24, 2023.  After months of “diligent efforts” by BlockFi’s management, advisors, and stakeholders, the company has reached this significant milestone more “swiftly and efficiently” compared to many other retail crypto companies, according to the lending company’s announcement.  […] origin »

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