in

Ether Flips Bitcoin in Options Market for the First Time (www.coindesk.com)

Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit’s Luuk Strijers said.

Ether (ETH), the native token of Ethereum’s blockchain, has overtaken industry leader bitcoin (BTC) in the options market for the first time on record.

As of writing, the cumulative dollar value of ether options contracts opens on dominant exchange Deribit was $5.7 billion, or 32% higher, than $4.3 billion locked in open bitcoin options trades. Deribit is the world’s largest crypto-options exchange, accounting for more than 90% of the global total trading volume and open interest.

What do you think?

Posted by Modpatt

Leave a Reply

Staking vs Masternodes: Difference between Masternode & Proof of Stake (coinguides.org)

Aave Passes Proposal for Yield-Generating Stablecoin GHO (www.coindesk.com)