Data shows that institutions heavily accumulated Bitcoin in the $12,000–$15,000 range, and according to analysts at Whalemap, this is a positive trend because institutions and whales typically accumulate assets with a longer-term investment strategy in mind. The fact that larger hands are accumulating BTC instead of retail investors also explains the somewhat suppressed mainstream interest in Bitcoin, as Cointelegraph previously reported. Various metrics, including Google Trends, have shown lackluster mainstream demand for BTC despite its parabolic rally in recent months. Institutional "FOMO" makes the current BTC rally stronger than previous cycles Whalemap analysts described the recent spike in demand for …

The price of Bitcoin (BTC) surpassed $16,000 with relative ease on Nov. 13 and has remained resilient above it. Analysts are divided on the short-term outlook on BTC because the momentum remains strong but there are concerns of an overheated rally. But there are numerous positive developments that could continue to sustain the uptrend of BTC. Generally, the cryptocurrency market has seen an increase in trading activity across all types of exchanges. Spot, derivatives, and institutional markets have all seen a noticeable spike in demand from investors. Speaking to Cointelegraph, Denis Vinokourov, head of research at crypto exchange and broker …

Bitcoin (BTC) has had a great November so far, and many analysts believe the future remains bright for the top-ranked cryptocurrency. Currently sitting at $16,000, its price has surged by 23% since the start of the month, rallying mostly after the completion of the United States presidential election. Now, Bitcoin spot volume has passed all previous records in 2020, showcasing the growing demand for acquiring BTC. The strong rally to $16,200 led Bitcoin spot volumes to rise by more than 270% in the past month. According to a recent report from Arcane research, the daily volume on Nov. 5 was …

On Nov. 13, a total of $525 million in Bitcoin (BTC) options open interest is set to expire. This is similar to last week when $470 million in options open interest also expired. This presents somewhat unusual activity, as most volume goes through monthly and quarterly options. On Nov. 5, put (sell) options open interest was 30% larger than call (buy) ones. Deribit exchange holds $431 million open interest for this Friday’s expiry and Bit.com has $72 million. Before coming to quick conclusions on whether this figure is bullish or bearish, it’s important to take a more detailed view in …

With Bitcoin (BTC) price sentiment continuing to remain bullish following the uncertainty brought on by the United States presidential election, institutional investors seem to be getting more interested in betting on the markets. In the seven-day period ending on Oct. 27, Grayscale Bitcoin Trust, run by Grayscale Investments, saw a record inflow of $215 million (15,907 BTC), which surpassed all of its weekly inflows seen since inception. At the current rate, it is estimated that Grayscale is on track to hold 500,000 BTC by the end of 2020, which is 2.7% of the circulating supply of Bitcoin. By 2021, it …

Bitcoin’s long-waited bull run and the recent wave of corporate and institutional investors allocating significant portions of their reserves to Bitcoin (BTC) are all signs that the pace of crypto’s mainstreaming is rapidly accelerating: But has the path to mass adoption come at the cost of privacy and decentralization? Know Your Customer and Anti-Money Laundering laws have forced the majority of cryptocurrency exchanges to become more transparent about who their users are, and those who refused have had to limit the jurisdictions in which they can offer services. In order to operate legally in many countries, many exchanges have had …

On Nov. 4, the open interest on Bitcoin options reached a new all-time high. As this occurred, an even more curious case emerged. On Nov. 6, a total of $470 million in open interest is set to expire. This is rather unusual, as usually, monthly and quarterly concentrate the liquidity. At the moment, Deribit holds 75% of the open interest, followed by Bit.com with 13%. Oddly enough, on both exchanges, put options represent 65% of the outstanding notional. This ratio is the exact opposite of the Bitcoin (BTC) options aggregate market for the remaining dates, which favors call options by …

The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of options. Over the past six months, the options market has grown three-fold, causing investors to grow more curious about the potential impact upcoming expiries will have on the Bitcoin price. Data from Cointelegraph and Digital Assets Data also show that monthly Bitcoin transaction volume and BTC futures volume has been on the rise since the end of October. When analyzing options, the 25% delta skew is …

The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors are holding onto their positions. This trend shows that whales are not expecting a major pullback in the near term. A low level of activity from whales is a positive metric following a large uptrend. It shows that whales are not interested in selling BTC just yet and are likely anticipating a broader rally. In the near term, the support areas of Bitcoin are found …

The digital asset industry as a whole looks significantly different than it did three years ago. A Wild West-esque year, 2017 boasted astronomical asset price increases and booming fundraises amid underdeveloped regulation. Some elements of 2017, such as initial coin offerings, have largely died off. Other niches, such as derivatives trading, have since experienced watershed growth, as noted in a recent report from United States crypto exchange, Kraken. "Beginning with pioneers like Crypto Facilities, BitMEX, Deribit, BitVC (now HuobiDM), and OKEx, deriviatives trading in crypto markets really took hold in 2017, dovetailing the entrance of traditional incumbents like the CME …

The Crypto Volatility Index, or CVX, is now live as a beta test and proof of concept. The index tracks the implied volatility of crypto options in a similar fashion to the volatility index used in stock markets. The VIX is usually referred to as the “stock market fear index,” as it often spikes in anticipation of major downward moves. The CVX operates under a very similar mechanism. It tracks the implied volatility of a basket of crypto options, primarily for Bitcoin (BTC) and Ether (ETH). Options are a derivative product that gives buyers the option, but not the obligation, …

In the last few days Bitcoin (BTC) price rallied within a hair of the $14,000 level and Ether (ETH) followed with a similarly strong performance but the altcoin failed to hold above the $400 physiological support. Although Ether price is below $400, data show traders are not worried about Friday’s options expiry. Investor optimism has been kept intact despite the recent decentralized finance (DeFi) lackluster performances. $80 million worth of Ether options are set to expire this Friday, but there has never been a strong argument for October. For starters, this number pales in comparison with the figures for December …