Bitcoin options OI swells to $38B as calls crowd at $100,000 strike price
A fresh wave of calls has turned Bitcoin’s options market into a coiled spring.
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Bitcoin’s options market is surging, with open interest swelling to a record $38 billion as traders crowd into bullish calls at the $100,000 strike price, signaling heightened speculation and anticipation of major moves ahead. While markets buzz, the SEC has pressed pause on decisions for HBAR and Polkadot ETFs, extending a regulatory backlog that persists even after recent Bitcoin and Ethereum ETF breakthroughs. Meanwhile, Ondo is taking its case to the SEC’s Crypto Task Force, aiming to pave the way for compliant tokenization of US securities. Track the latest critical developments influencing the crypto market today.
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The global crypto market cap is $2.98 trillion, with a 24-hour volume of $101.18 billion. The price of Bitcoin is $95,384.55, and BTC market dominance is 46.2%. The price of Ethereum is $1,821.68, and ETH market dominance is 5.3%. The best-performing sector is Virtuals, which gained 29%. The Crypto Fear & Greed Index is currently Greed (60).
📰 Top News
Bitcoin options OI swells to $38B as calls crowd at $100,000 strike price
A fresh wave of calls has turned Bitcoin’s options market into a coiled spring.
SEC delays decision on HBAR, Polkadot ETFs for additional review time
The SEC's decision delay on HBAR and Polkadot ETFs adds to a growing backlog, following landmark Bitcoin and Ethereum ETF approvals.
Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities
The protocol proposed a discussion on structuring approaches that would allow for the compliant issuance and distribution of tokenized securities.
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