Now Metaplanet accumulates 530 BTC, valued at 32.7 million dollars. 223 BTC were put up for sale in options that expire on December 27. Metaplanet, a company nicknamed the ‘Japanese MicroStrategy’, announced this Thursday a new strategy to increase its bitcoin (BTC) reserves. They will do this by selling BTC options. The company successfully performed … Read more
Key facts: The Discreet Log Contract protocol, from DLC Markets, allows you to operate without counterparty risks. The DLC Market test phase gave key information for the transition to the official version. On Thursday, September 26, DLC Markets announced the completion of its transition to the Bitcoin network, marking “a significant advancement in non-custodial trading … Read more
89,000 bitcoin (BTC) options expired this Friday, September 27 at 8 AM (UTC) on the Deribit exchange. These options had a Put Call Ratio of 0.64. This ratio is the relationship between the volume of put and call options. A ratio less than 1 suggests optimism, since there are more buying options than selling. Thus, … Read more