Bitcoin

Ethereum

In a significant development, Ethereum (ETH) has reached parity with Bitcoin (BTC) in the centralized financial derivatives market, as both cryptocurrencies hold a 45% share of June options positions. Historically, Bitcoin&#39;s position ratio in the quarter leading up to the delivery month hovered around 40%, while Ethereum&#39;s was closer to 50%. However, recent shifts in the market structure have seen both digital currencies attain an equal footing in the short term.In groundbreaking market development, Ethereum (ETH) achieves parity with Bitcoin (BTC) in derivatives trading, as revealed by a professional Option trader GreeksLive&#39;s  latest tweet:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/638c9cb8cccf4f3dac0b628d94497572.png" />In a remarkable twist of fate, Ethereum has emerged as a formidable contender to Bitcoin&#39;s dominance in the options market. This monumental shift could be credited to the crypto market&#39;s unwavering stability and Ethereum&#39;s remarkable achievement of maintaining volatility levels closely mirroring those of Bitcoin throughout the year. As a result, both cryptocurrencies now boast options positions of extraordinary magnitude, with Bitcoin soaring at $7.4 billion while Ethereum follows closely at $4.9 billion.Read full article at <a href="https://cryptotale.org/ethereum-catches-up-with-bitcoin-in-centralized-financial-derivatives-space/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Ethereum Catches Up with Bitcoin in Centralized Financial Derivatives Space

CryptoTale

Other articles published on May 31, 2023

SwissBorg Raises over €20M with Revolutionary Community-Centric Fundraising

NEOPIN X INDODAX Live AMA Recap

Sekuya Unveils Striking Game Art for its Highly Anticipated Debut Game

FTX Bankruptcy Case Referred to US Appeals Court for an Impartial Investigation

GRN Grid at Cannes Film Festival: Pioneering Sustainable Cinema

Bridging the Gap: Introducing the Seamless Protocol between SUI and BeOneChain for Enhanced Inter...

Join our free newsletter for daily crypto updates!