Options skew remains in favor of ether puts across different timeframes despite the past week's increase in the ETH/BTC ratio.
Ether puts expiring in both the short and long terms continue to trade at a premium relative to calls, indicating persistent speculation of a price decline.The ether-bitcoin ratio rose more than 2% last week,Still, options data tracked by Amberdata show a stronger bearish outlook for ether, with traders hedging against potential price weakness over the one-week, one-, two-, three- and six-month timeframes. Meanwhile, traders remain bullish on bitcoin over the long run.
In bitcoin's case, the one-week, one- and two-month skews show a bias for puts, while the rest show preference for calls.The persistent bias for long-term BTC calls perhaps stems from the belief that the top cryptocurrency would be the first beneficiary of an eventual positive flip in the macroeconomic environment.
Besides, bitcoin is set to undergo its fourth mining reward halving early next year. Historically, the programmed halving of the pace of supply expansion has paved the way for major bull runs.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to CoinbaseThe latest price moves in crypto markets in context for August 21, 2023.
Weiterlesen »
Bitcoin Steady Around $26K After Sharp Sell-Off; Race for Ether Futures ETFsOpimas LLC CEO Octavio Marenzi discusses bitcoin's (BTC) latest price movements after the crypto markets saw one of the biggest long liquidation events since FTX's collapse. Bloomberg reports that securities regulators are poised to approve ether futures ETFs for trading in the U.S. Bitwise Asset Management CIO Matt Hougan shares his reaction. And, Dropp CEO Sushil Prabhu discusses FedNow listing the Hedera-based micropayments platform as a service provider.
Weiterlesen »
Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's SlideThe ether-bitcoin ratio rose more than 2% past week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.
Weiterlesen »
Altcoins slide to begin the week while bitcoin and ether stabilizeThe crypto market was lower to start the week after bitcoin posted its worst week since May.
Weiterlesen »
| Analysts Split on Why Ether Outperformed Bitcoin Last WeekThe ether-bitcoin ratio rose more than 2% last week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.
Weiterlesen »
Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in BitcoinThe group alleged in a new legal filing that Wright's company Tulip Trading never owned the more than 100,000 bitcoin it sought to reclaim with their help.
Weiterlesen »