Categories: Bitcoin Latest News

Bitcoin options traders are dropping their hedges going into the Fed meeting

The put/call ratio has fallen to about 0.52 from 0.76 in late June, and one-week downside protection has collapsed in price. The options market is positioned for a quiet week that contains an FOMC decision.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Smart Money Helping Support Bitcoin Rebound, Says Pantera Capital

Bitcoin Magazine Smart Money Helping Support Bitcoin Rebound, Says Pantera Capital American investment firm Pantera…

6 minutes ago

Legendary Investor Ray Dalio Touts Bitcoin — With Gold — To Hedge Against Incoming Debt Crisis

Bitcoin Magazine Legendary Investor Ray Dalio Touts Bitcoin — With Gold — To Hedge Against…

2 hours ago

Hashdex Liquidates DEFI As First US Spot Bitcoin ETF Closure Arrives

Hashdex has begun liquidating its Hashdex Bitcoin ETF, ticker DEFI, marking the first closure of…

3 hours ago

SEC Opens Comment Period On Cboe 3x Bitcoin And Ethereum ETF Proposal

The SEC has opened a public comment period on Cboe BZX Exchange’s proposal to list…

4 hours ago

Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out

Bitcoin Magazine Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped…

4 hours ago

BTCS Repays $8.2M Aave Debt As Ethereum Balance Sheet Strategy Shifts

BTCS Inc. reduced its DeFi leverage in the second quarter, repaying $8.2 million in debt…

6 hours ago