Bitcoin options worth $4.7 billion are set to expire, with a put/call ratio of 0.71 indicating more long contracts. Despite this, bearish sentiment prevails as Bitcoin has dropped 18% this week, now trading around $80,200, while Ethereum has fallen to $2,150, marking significant losses across the crypto market. Total market capitalization has decreased by 6% to $2.76 trillion, raising concerns about further declines.
about Bitcoin Options Expiry Sparks Concerns Amid Market DeclineLive Ventures Incorporated
0 in Finance and 0 in Crypto last weekOptions Expiry of Nearly 6 Billion Dollars Impacts Bitcoin and Ethereum Prices
Today, approximately $5.79 billion in Bitcoin (BTC) and Ethereum (ETH) options are set to expire, with significant implications for market trends. The notional value of BTC options is $4.68 billion, showing a put-to-call ratio of 0.71, while ETH options total $1.109 billion with a ratio of 0.52. Market sentiment remains bearish, with traders closely monitoring critical support levels and potential volatility as prices gravitate toward maximum pain points of $96,000 for BTC and $3,000 for ETH.
about Options Expiry of Nearly 6 Billion Dollars Impacts Bitcoin and Ethereum PricesSony State of Play Sets New Viewer Record with Major Announcements
Sony’s State of Play on February 12, 2025, set a record with 2.18 million concurrent viewers, marking the highest viewership in the event’s history. Major announcements included the action game Saros from Housemarque, a release date for Borderlands 4, and the reveal of PS5 exclusive Metal Eden. The surge in viewership was fueled by co-streaming across over 1,000 channels, with popular creators like Asmongold and xQc amplifying the event’s reach.
about Sony State of Play Sets New Viewer Record with Major AnnouncementsOver 10 Billion in Bitcoin and Ethereum Options Expire Amid Market Volatility
Over $10 billion in Bitcoin and Ethereum options expired today, with Bitcoin options totaling $8.38 billion and Ethereum options at $1.96 billion. Bitcoin experienced volatility, trading at $104,707 after a brief surge following U.S. and European monetary policy announcements, while Ethereum rebounded to $3,353. Political factors and macroeconomic developments continue to influence market sentiment, with a cautiously optimistic long-term outlook amid ongoing policy shifts.
about Over 10 Billion in Bitcoin and Ethereum Options Expire Amid Market VolatilityCrypto Options Expiry of 10 Billion Dollars and Market Reactions
Around 80,000 Bitcoin options contracts worth approximately $8.36 billion are set to expire, alongside 600,000 Ethereum contracts valued at $1.95 billion, bringing the total to about $10.3 billion. The Bitcoin options have a put/call ratio of 0.68, indicating more bullish sentiment, while Ethereum’s ratio stands at 0.43. Despite a slight market capitalization decline of over 1% to $3.68 trillion, analysts suggest that February typically brings better price action for cryptocurrencies.
about Crypto Options Expiry of 10 Billion Dollars and Market ReactionsLedger Co-Founder David Balland Released After Kidnapping in France
David Balland, co-founder of Ledger, was released after being kidnapped from his home in central France on January 21. He was held for a day before a police operation secured his release, with the kidnappers demanding a ransom in cryptocurrency. Following the incident, Balland is receiving medical attention.
about Ledger Co-Founder David Balland Released After Kidnapping in FranceBLVD Live TV Partners with Medodo Coin for Love and KPOP Docuseries
BLVD Live TV has secured a multi-million dollar sponsorship deal with Medodo Coin to enhance its docuseries “Love & KPOP,” which celebrates the fusion of K-pop and hip-hop cultures. This partnership introduces a utility token for fans, offering exclusive access to merchandise and content, while aiming to redefine fan engagement in the entertainment industry. The collaboration follows the successful live-streaming of the Korean Grand Music Awards, showcasing top K-pop talent to a global audience.
about BLVD Live TV Partners with Medodo Coin for Love and KPOP DocuseriesBitcoin and Ethereum Options Expiry Signals Bullish Sentiment Amid Market Volatility
Over $2.2 billion in Bitcoin and Ethereum options expired, reflecting a moderately bullish outlook despite recent market volatility. Bitcoin options worth $1.81 billion and Ethereum options worth $460 million showed put-call ratios indicating bullish sentiment, with max pain points suggesting potential price increases. However, recent declines in both cryptocurrencies, driven by macroeconomic factors, have traders cautious as they monitor Bitcoin’s price action and ETF flows in the coming week.
about Bitcoin and Ethereum Options Expiry Signals Bullish Sentiment Amid Market VolatilityThe Machines Arena Launches on Steam and PS5 Without Crypto Features
Ethereum shooter *The Machines Arena* is set to launch on Steam on January 14, 2025, and on PlayStation 5 in 2025, but the Steam version will lack crypto features due to platform restrictions. The game aims to create a cross-platform experience, allowing players to join the same lobbies regardless of their chosen platform. Discussions are ongoing with Sony regarding potential blockchain elements for the PS5 version.
about The Machines Arena Launches on Steam and PS5 Without Crypto FeaturesBitcoin and Ethereum Options Expiry Triggers Market Volatility and Declines
A total of 19,300 Bitcoin options contracts worth $1.8 billion are set to expire today, amid a continued decline in crypto markets. The put/call ratio stands at 0.65, with significant open interest at the $120,000 strike price. Additionally, 140,000 Ethereum options contracts valued at $455 million are expiring, contributing to a combined total of $2.2 billion. The ongoing market correction has seen Bitcoin drop to an intraday low of $91,250, reflecting a 9% loss since its peak on January 7.
about Bitcoin and Ethereum Options Expiry Triggers Market Volatility and DeclinesBitcoin Options Expiry and Market Trends Amid Ongoing Crypto Correction
Approximately 19,300 Bitcoin options contracts worth $1.8 billion are set to expire, with a put/call ratio of 0.65 indicating more bullish sentiment. Despite this, Bitcoin has seen a 9% decline since reaching six figures on January 7, as the total crypto market cap dropped 4.4% to $3.37 trillion amid inflation fears and potential selloff concerns. Ethereum and altcoins also experienced losses as the market correction deepened.
about Bitcoin Options Expiry and Market Trends Amid Ongoing Crypto CorrectionKey Market Updates: Toyota’s Space Venture, Disney’s Streaming Merger, Trudeau’s Resignation
Toyota is investing 7 billion yen ($44.4 million) in Interstellar Technologies, exploring rocket development as part of its vision for future mobility. Disney plans to merge Hulu + Live TV with Fubo, creating a combined service with 6.2 million subscribers, while Canadian Prime Minister Justin Trudeau announces his intention to step down as Liberal Party leader. Former NFL quarterback Eli Manning expresses interest in owning a minority stake in the New York Giants, the team he played for over 16 years.
about Key Market Updates: Toyota's Space Venture, Disney's Streaming Merger, Trudeau's Resignation