As approximately $3.37 billion in Bitcoin options contracts approach expiration on October 3, crypto markets appear poised for stability rather than volatility. This week’s expiry event marks a return to normalcy following last quarter’s major settlement, with a balanced put/call ratio of 1.1 and maximum pain at $115,000 suggesting limited market disruption. Meanwhile, spot markets continue their upward trajectory, with Bitcoin briefly touching $121,000 and total crypto capitalization approaching record highs of $4.23 trillion, buoyed by weak US labor data that increases pressure on the Federal Reserve to cut rates.
read moreDeribit
0 in Finance and 5 in Crypto last week
Bitcoin Options Pinned at $113K, December Set for Volatility
Bitcoin’s derivatives market is currently navigating two distinct realities: short-term price action remains mechanically constrained by dealer hedging activity, while year-end option structures suggest significant volatility potential lies ahead. With Bitcoin trading around $113,500, the market finds itself trapped within a gamma concentration zone that suppresses movement through October, but December’s flat gamma profile and massive open interest could unleash directional momentum once the calendar turns. This divergence creates a calendar-driven volatility pattern where October’s calm may give way to Q4 storms as large option expiries approach.
read moreBlackRock’s IBIT Overtakes Deribit as Top Bitcoin Options Venue
BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed Coinbase’s Deribit to become the world’s largest Bitcoin options trading platform, with $38 billion in open interest compared to Deribit’s $32 billion. This dramatic shift in crypto derivatives markets toward regulated US-based venues signals growing institutional conviction in Bitcoin, as IBIT achieved this dominance in under a year despite launching only in November 2024.
read moreMcKay Launches Fastest London-Singapore Crypto Trading Network
McKay Brothers has launched a groundbreaking data transport service connecting London and Singapore in under 137 milliseconds round trip, creating the fastest pathway between two of the world’s most critical digital asset trading hubs. This revolutionary network specifically targets crypto traders operating across major platforms including Deribit, LMAX, Kraken, and Bybit, delivering unprecedented speed advantages in a market where microseconds determine trading success. The service implements McKay’s signature Level Playing Field policy, ensuring all subscribers—regardless of firm size—can access the same cutting-edge latency technology that was previously available only to the most sophisticated market participants.
read moreRecord $18B Bitcoin Options Expiry May Delay Volatility
A record-setting $18 billion Bitcoin options expiry today could trigger delayed market volatility within 24-72 hours, according to Bitfinex analysts. Prediction market users are leaning bearish with 51% expecting further price declines over the weekend. October’s options market shows massive open interest concentrated in calls between $115,000-$125,000 strike prices.
read more$22B Crypto Options Expiry Sparks Market Volatility Fears
A massive $22.4 billion cryptocurrency options expiry on Friday, September 26, 2025, has injected fresh uncertainty into already volatile digital asset markets. With Bitcoin options representing $17 billion and Ethereum another $5.3 billion of this quarter-end event, traders are bracing for potential price swings as markets navigate a deepening September correction that has wiped 12% from Bitcoin’s value and 20% from Ethereum’s peak.
read moreBitcoin Faces $17B Options Expiry, Inflation Test
Bitcoin is approaching a critical volatility flashpoint as approximately $17 billion in quarterly options—one of the largest expiries on record—are set to settle on Friday. This significant derivatives event coincides with the release of key U.S. inflation data, the Core PCE, creating a potent mix that could either reignite the rally or trigger a sharp correction. Experts warn that a break below the crucial $108,000 support level could unleash automated selling, potentially driving the price toward $96,000, while softer inflation figures could provide the catalyst for a rebound.
read moreBitcoin Divergence: Binance Bullish as Other Exchanges Hesitate
Bitcoin traders are showing a divided stance as the cryptocurrency trades in a tight range between $110,000 and $115,000. While Binance traders are aggressively bullish based on funding rate data, other major exchanges exhibit hesitation. This divergence comes alongside multi-year lows in exchange reserves and suppressed volatility, creating a potentially explosive setup for the world’s leading cryptocurrency.
read moreBitcoin Futures Reset: $1.25B Leverage Purge Called Healthy
Bitcoin futures markets have undergone a significant deleveraging event, with open interest dropping $1.25 billion to $80.8 billion in what leading analysts are characterizing as a healthy market reset rather than a bearish warning. This purge of excessive leverage follows recent volatility peaks and large liquidations while Bitcoin has maintained crucial support around $112,000. The future trajectory now hinges squarely on upcoming macroeconomic data and Federal Reserve policy signals, setting the stage for a potential directional breakout.
read moreEther Futures Signal Bearish Shift as Open Interest Drops 15%
Ethereum derivatives markets are flashing warning signs as bearish momentum intensifies. The cryptocurrency slipped below $4,100, triggering a significant shift in trader positioning across major exchanges. Data reveals sellers have taken control with open interest dropping 15% from recent peaks, funding rates turning negative, and net taker volume showing aggressive sell-side dominance—pointing to a market under substantial pressure.
read more