{"id":13946,"date":"2024-11-29T12:27:26","date_gmt":"2024-11-29T05:27:26","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=13946"},"modified":"2024-11-29T12:27:26","modified_gmt":"2024-11-29T05:27:26","slug":"bybit-x-block-scholes-derivatives-report-eth-outperforms-btc","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=13946","title":{"rendered":"Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC"},"content":{"rendered":"\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

DUBAI<\/span>, UAE<\/span>, Nov. 29, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0Bybit<\/a><\/u>, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report<\/a><\/u> and uncovered signals indicating ETH’s rise above BTC in the past week.<\/p>\n

\n

\"Bybit <\/a>
Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC<\/span><\/p>\n<\/div>\n

Fueled by news of current U.S. SEC Chair Gary Gensler’s<\/span> departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.<\/p>\n

Key Insights:<\/b><\/p>\n

ETH outperformed BTC in open interest:<\/b>\u00a0Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025<\/span>.<\/p>\n

BTC price in retreat:<\/b>\u00a0BTC price’s ebbing from the $100K<\/span> mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.<\/p>\n

ETH options – bullish sentiment in moderation:<\/b>\u00a0ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.<\/p>\n

Access the Full Report:<\/b><\/p>\n

Read the full report<\/a><\/u> in context here.<\/p>\n

#Bybit \/ #TheCryptoArk \/#BybitResearch<\/p>\n

About Bybit<\/b><\/p>\n

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.<\/p>\n

For more details about Bybit, please visit Bybit Press<\/a><\/u><\/p>\n

For media inquiries, please contact:\u00a0media@bybit.com<\/a><\/u><\/p>\n

For more information, please visit: https:\/\/www.bybit.com<\/a><\/u><\/p>\n

For updates, please follow: Bybit’s Communities and Social Media<\/a><\/u><\/p>\n

Discord<\/a> | Facebook<\/a> | Instagram<\/a> | LinkedIn<\/a> | Reddit<\/a> | Telegram<\/a> | TikTok<\/a> | X<\/a> | Youtube<\/a><\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

<\/p>\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

DUBAI<\/span>, UAE<\/span>, Nov. 29, 2024<\/span><\/span> \/PRNewswire\/ —\u00a0Bybit<\/a><\/u>, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, released the latest weekly derivatives analytics report<\/a><\/u> and uncovered signals indicating ETH’s rise above BTC in the past week.<\/p>\n

\n

\"Bybit <\/a>
Bybit x Block Scholes Derivatives Report: ETH Outperforms BTC<\/span><\/p>\n<\/div>\n

Fueled by news of current U.S. SEC Chair Gary Gensler’s<\/span> departure at the end of the Biden administration’s term, ETH performance has positively surprised investors. In particular, open interest in ETH perpetual has been on the rise. Several large-cap altcoins also benefited from Gensler’s announcement, anticipating less scrutiny upcoming January.<\/p>\n

Key Insights:<\/b><\/p>\n

ETH outperformed BTC in open interest:<\/b>\u00a0Perpetual swap data has seen a gradual decline in BTC open interest while ETH contracts increased. ETH has also been taking a bigger share of daily trading volumes in the past 6-month time frame despite an overall slower market this week. The optimism could be attributed to hopeful investors’ expectation of a more crypto-friendly SEC Chair after Gensler’s last day on Jan. 20, 2025<\/span>.<\/p>\n

BTC price in retreat:<\/b>\u00a0BTC price’s ebbing from the $100K<\/span> mark has flattened the ATM volatility term structure, with short-tenor options dipping below 60%. This mirrors a pattern observed since the U.S. election. Lower realized volatility explains the drop, while open interest in calls and puts remains unchanged, demands for short-term options this week have stagnated.<\/p>\n

ETH options – bullish sentiment in moderation:<\/b>\u00a0ETH options show slightly more bullish sentiment than BTC options. Markets have recalibrated after the post-election high, but call options remain in the lead in both trading volumes and open interests.<\/p>\n

Access the Full Report:<\/b><\/p>\n

Read the full report<\/a><\/u> in context here.<\/p>\n

#Bybit \/ #TheCryptoArk \/#BybitResearch<\/p>\n

About Bybit<\/b><\/p>\n

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.<\/p>\n

For more details about Bybit, please visit Bybit Press<\/a><\/u><\/p>\n

For media inquiries, please contact:\u00a0media@bybit.com<\/a><\/u><\/p>\n

For more information, please visit: https:\/\/www.bybit.com<\/a><\/u><\/p>\n

For updates, please follow: Bybit’s Communities and Social Media<\/a><\/u><\/p>\n

Discord<\/a> | Facebook<\/a> | Instagram<\/a> | LinkedIn<\/a> | Reddit<\/a> | Telegram<\/a> | TikTok<\/a> | X<\/a> | Youtube<\/a><\/p>\n

\n<\/div>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-13946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/13946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13946"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/13946\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}