KuCoin Crypto Friday is Live!

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Analysis: $1.55 billion bitcoin options will expire on Friday, and the market outlook is more bearish

Bitcoin price is slowly recovering after experiencing a 16% sharp correction in the early morning of April 18. Although some analysts have accused “9,000 BTC transferred to Binance”, others have focused their attention on the decline in Bitcoin’s computing power caused by the coal mine accident in China. Regardless of the reasons behind Bitcoin’s decline […]

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Bloomberg Analyst: The asset under management of the Canadian Bitcoin ETF is expected to reach $1 billion on Friday

The first Bitcoin exchange traded fund in North America only traded for two days, and the trading volume has exceeded 400 million US dollars, and it is expected to be even higher. According to a tweet by Bloomberg analyst Eric Balchunas, the Bitcoin ETF recently launched by Canadian company Purpose Investments may have assets under […]

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With the expiration of the $1 billion option on Friday, the bulls tend to push BTC up to $40,000
With the expiration of the  billion option on Friday, the bulls tend to push BTC up to ,000

On February 5, open positions in Bitcoin options totaling $1 billion will expire. This number is relatively small compared to the $4 billion in options that expired last month, but usually monthly and quarterly options trade the most. The expiration on Friday is somewhat unusual, although it remains balanced at the current BTC price level. […]

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