Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept. 23. Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion. Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume. Meanwhile, billions in contracts are staring […] from Bitcoin News https://ift.tt/AlxueMX
Traders on Kalshi now give bitcoin roughly a 46% chance of topping $100,000 before year-end, even as their bets on a September breakout cool with bitcoin’s price back near $86,200. The Number on the Screen Kalshi, the U.S.-regulated prediction market where traders buy contracts that pay $1 if an event happens, runs a contract series […] from Bitcoin News https://ift.tt/ykvsprf