US Bitcoin Futures Expiration

Even as various asset classes are experiencing thinned-out trading during this seasonally sluggish year-end period, these 2 major instruments could see sizeable trading opportunities tomorrow. Here’s what’s happening on Friday, December 27th: 1) Japan data dump and release of Bank of Japan (BoJ) summary of opinions Here are the predictions from economists: • Tokyo CPI (December): 2.9% rise year-on-year (December 2024 vs. December 2023). (higher than November 2.6% headline inflation figure) • Tokyo CPI excluding fresh food and energy ...

Bitcoin prices continue to grind higher as we approach the weekend. Today, around $8 billion in BTC option expiries are due to roll off, creating plenty of volatility risk. The good news for bulls is that the put-call skew beyond today’s expiry, favours further upside in BTC, meaning that there should be a good amount of rollover today, keeping BTC on a positive trajectory. Seasonal trends in BTC point to October as typically being among the three bets months for the market, meaning that we could be seeing an early push higher here ...

Bitcoin rose above $65,000 for the first time in four weeks before the expiration of options contracts on Friday that some analysts say may result in heightened volatility in the cryptocurrency market. Dipping back below that price level would prompt a sharp decline, while a sustained breakthrough could be followed by a rally, according to Chris Newhouse, director of research at Cumberland Labs. “We’re at $65,000 levels now, and slowly testing higher, either we break out and maintain that as a new level of price discovery, or we ...

Strong Q4 GDP data lifts stocks across the board. Scott Bauer discusses S&P 500 and Nasdaq futures.