Oil Surge Weighs on Global Markets

Oil prices in international markets climbed to around $115 per barrel, marking the highest level since June 2022. The rapid rise in energy costs weakened risk appetite across financial markets and created downward pressure on equities.

U.S. stock index futures reflected this shift in sentiment. Both Nasdaq 100 and S&P 500 futures dropped more than 1.5%, signaling that investors were reducing exposure to riskier assets as uncertainty increased.

Interestingly, traditional safe-haven assets did not perform as expected during this period. Gold declined by about 1.6%, while silver fell roughly 1.1%. Instead of turning to precious metals, many investors appeared to favor the U.S. dollar, which strengthened as capital moved toward perceived stability.

Bitcoin Stands Out Amid Market Turbulence

While global markets experienced heightened volatility, Bitcoin moved in the opposite direction. The leading cryptocurrency gained approximately 2.8% since midnight UTC, showing a positive performance even as equities and commodities struggled.

This divergence has reignited discussions about Bitcoin’s evolving role within the broader financial system. Although the cryptocurrency has often been described as “digital gold,” many analysts believe it has not fully established itself as a direct alternative to traditional safe-haven assets.

However, market participants are increasingly recognizing Bitcoin’s practical role during periods of financial stress. In regions facing political instability or currency fluctuations, some investors are beginning to treat Bitcoin as a potential digital escape valve—a way to move capital outside of traditional financial constraints.

Derivatives Market Activity

Activity in the crypto derivatives market also reflected the broader volatility. Over the past 24 hours, nearly $400 million in crypto futures positions were liquidated. A significant portion of these liquidations was linked to positions that had bet against rising oil prices.

Meanwhile, open interest in Bitcoin futures remained relatively low, hovering around 650,000 BTC, close to weekly lows. This suggests that the latest price increase was not heavily driven by futures market participation and may have been influenced more by spot market activity.

Options Market Signals Cautious Sentiment

In the options market, the 30-day implied volatility indexes for Bitcoin and Ethereum remained relatively stable. Despite major movements in global markets, crypto volatility expectations did not spike dramatically, indicating a relatively calm outlook among derivatives traders.

At the same time, put options continue to trade at a premium compared to call options, signaling that investors are still hedging against potential downside risks. While the demand for protection remains present, the premium has not increased significantly, suggesting that the oil price surge has not triggered widespread panic in the crypto options market.

Overall, Bitcoin’s ability to hold steady and even gain ground during a period of global market stress has once again highlighted its unique position within the financial landscape.

IMF Chief Warns About Oil Prices and Rising Inflation Risks

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin Surprises Investors as Oil Markets Pressure Global Assets! appeared first on Coin Engineer.

Technical Disruption in CME Futures

According to the official statement, all futures and options markets were temporarily suspended. Technical teams are actively working to resolve the issue, and Pre-Open details will be shared with clients shortly. The halt has caused sudden liquidity constraints for market participants.

CME halted trading due to the cooling problem at the CyrusOne data centers. The support team is working to fix the issue and will notify clients of Pre-Open details as soon as possible.

Which Markets Were Affected?

The halt affected a wide range of products, including energy, commodities, and index futures. CME is expanding its crypto offerings with options on Solana and XRP futures and aims to keep crypto markets open 24/7 starting next year. Prices on CME platforms serve as benchmarks for many markets, from equities to commodities.

While the total number of affected products is not yet clear, Reuters reported that West Texas Intermediate crude, Treasury futures, S&P 500 futures, palm oil, and gold prices were not updated. In addition, prices on the widely used EBS FX platform, which handles heavily traded currency pairs like EUR/USD and USD/JPY, were also not refreshed.

Analysts noted that the halt increased uncertainty during a month of ongoing volatility. IG Markets analyst Tony Sycamore said, “This hasn’t helped at all, especially on a day when there was real interest to transact.”

This issue brought trading on Globex for futures, options, and FX markets to a complete standstill, leaving investors without updated references for S&P 500, Nasdaq 100, or major currency pairs.

Market Reaction and Risks

Some brokers have switched to internal pricing for certain products, while others relied on alternative data sources. However, these approaches limit natural price formation and increase volatility risk. Experts advise investors to avoid making hasty moves and to closely follow CME’s official updates. Similar technical issues in the past temporarily halted markets and serve as warnings for traders.

The CME futures trading halt represents a significant development for both global markets and investors in Turkey. Trading on Globex and options markets is expected to resume soon, and market participants are urged to act with caution.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post CME Trading Halt: NASDAQ, S&P 500, and Dollar Markets Frozen appeared first on Coin Engineer.

This expiry is crucial, highlighting market fragility and potential end-of-cycle signals. Analysts urge caution around BTC $100,000 and ETH $3,500–$3,800 levels.

Bitcoin Options Show Cautious Optimism

Bitcoin options display cautious optimism after recent declines below $100,000. Deribit data shows a maximum pain point at $107,000 and a put-to-call ratio of 0.79.

Open interest is concentrated around $100,000 puts and $120,000–$125,000 calls. Total open contracts are 45,802 with a nominal value exceeding $4.6 billion. This concentration indicates that traders are expecting a decisive market move and actively hedging as expiry approaches.

Ethereum’s Defensive Position Remains Key

Ethereum options trade at $3,347, maintaining a defensive stance. Open interest focuses on $3,500 puts and $4,200 calls, with a put/call ratio of approximately 0.9 and a nominal value of $716.85 million.

Traders employ calendar spreads, diagonal spreads, and straddles to maintain upside exposure while hedging against downside risk. Movements near critical levels may test the effectiveness of short-term volatility strategies.

End-of-Cycle Risks and Market Fragility

Analysts at Greeks.live warn of end-of-cycle risks. BTC levels of $105,000, $102,000, and $97,000, along with ETH at $3,650 and $3,400, drive debate about potential drops or continued volatility.

Nevertheless, many traders continue to sell options aggressively, betting on short-term volatility. Even small price moves can significantly impact settlement results. Macroeconomic factors, including CPI data and Fed Chair Jerome Powell’s comments, have slowed ETF inflows, yet overall open interest remains high.

As the $5.4 billion options expire, the next few hours will test whether traders’ short-term strategies pay off or if market fragility leads to sharp moves.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post $5.4B Bitcoin and Ethereum Options Expire Today appeared first on Coin Engineer.

Bitcoin Options ETFs: Bullish Sentiment Strengthens 

• Total Bitcoin Options Volume: Daily net open interest (Delta) in Bitcoin options reached $441.46 million, with total nominal open interest at $28.39 billion. Total traded value (nominal) was $2.63 billion, and Delta-based value stood at $685.35 million. 
• Call/Put Ratios: The Call/Put ratio for OI (nominal) was 1.95 and (Delta) 3.17; for traded value-based options, ratios were 7.13 and 5.98, indicating investors’ focus on a bullish market trend. 

Highlighted Funds: 

• BlackRock’s IBIT fund stood out with $28.41 million in nominal open interest and $2.62 billion in traded nominal value. 
• Grayscale’s GBTC fund recorded $373.03 million in open interest and $7.70 million in traded nominal value. 
• Bitcoin ETF Flows: Mixed Fund Movements 

On September 9, Bitcoin ETFs saw $23.05 million in daily net inflows, bringing cumulative net inflows to $54.88 billion. Total trading volume reached $3.03 billion, and total net assets were $144.30 billion, equivalent to 6.50% of Bitcoin’s market cap. 

Fund-specific movements: 

• BlackRock (IBIT): $169.31 million daily net inflow; cumulative net inflow $58.94 billion. 
• Fidelity (FBTC): -$55.81 million daily net outflow; cumulative net inflow $11.88 billion. 
• Grayscale (GBTC): No daily movement; cumulative net outflow -$24.00 billion. 

Ethereum ETF Flows: $44 Million Net Inflow 

Daily Net Inflow: Ethereum ETFs recorded $44.16 million in net inflows on September 9, with cumulative net inflows reaching $12.67 billion. 

Total Trading Volume and Net Assets: Total traded value was $1.28 billion, and total net assets amounted to $27.39 billion, representing 5.27% of Ethereum’s market cap. 

ETF Fund Status: 

• BlackRock ETHA leads with $15.78 billion in net assets. 
• Fidelity FETH reached $3.16 billion in net assets. 
• Grayscale ETHE recorded $4.53 billion in net assets with a cumulative net outflow of $4.60 billion. 

Bitcoin and Ethereum ETF data clearly demonstrate sustained institutional interest in crypto markets. Meanwhile, strong Call/Put ratios in Bitcoin options and high net inflows into Ethereum ETFs suggest potential market volatility in the near term. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bitcoin and Ethereum ETFs Show Strong Activity on September 9 appeared first on Coin Engineer.

BTC Options 

• Expiry: August 22, 2025 
• Put-Call Ratio (PCR): 0.66 
• Max Pain Level: $118,000 
• Notional Value: $3.82 billion 
• Expired Contracts: 34,000 

BTC’s short-term implied volatility (IV) rose above 35%, showing a strong recovery. This indicates high market expectations for price fluctuations. 

ETH Options 

• Expiry: August 22, 2025 
• PCR: 0.46 
• Max Pain Level: $4,250 
• Notional Value: $950 million 
• Expired Contracts: 220,000 

ETH’s main-term IV stayed below 70%, while short-term IV rose above 80%, reflecting increased volatility expectations. 

BTC and ETH traded near historical highs this week, with a market theme of price correction. Investor sentiment remained relatively optimistic. Additionally, recent block trades occurred in both bullish and bearish positions, creating clear divergence in the options market. 

BTC Options Scenarios and Macro Impacts 

According to Deribit price trends, five BTC price ranges show option imbalances: 

• $105,000–$110,000: Call options $210M, put options $2.66B. Accordingly, put options hold a $2.45B advantage. 
• $110,100–$114,000: Call $420M, put $1.94B. In this range, puts are $1.5B more favorable. 
• $114,100–$116,000: Call $795M, put $1.15B. As a result, puts have a $360M advantage. 
• $116,100–$118,000: Call $1.3B, put $830M. Accordingly, calls hold a $460M advantage. 
• $118,100–$120,000: Call $1.7B, put $560M. In this case, calls are $1.1B more favorable. 

For bullish strategies to gain momentum, BTC must surpass $116,000 by August 29. However, the most critical level is $114,000, where bears are highly motivated to push prices down. 

Macro Factors and Market Pressure 

FED decisions and technology stock pressures will play a key role in BTC’s direction. Morgan Stanley warned that large tech companies may have limited capacity for share buybacks. Meanwhile, cautious equity markets increase investor concerns. Worries about the AI sector, combined with options market activity, could affect BTC’s short-term performance. 

BTC options expirations and macro pressures from the tech sector will determine whether the bull run has truly ended. At the same time, this situation may only represent a temporary pause. 

The options market continues to price future volatility strongly. Additionally, max pain levels and PCR ratios remain crucial indicators for short- and mid-term strategies. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post BTC & ETH Options Report: Will the Bull Run Continue? appeared first on Coin Engineer.

Record Volumes on Deribit

Deribit leads the crypto options market in both trading volume and open interest. The platform currently holds approximately $59 billion in open interest. Over the past year, Deribit facilitated over $1 trillion in total trading, reaching a record $185 billion in monthly volume in July 2025.

Coinbase Expands Derivatives Offering

With this acquisition, Coinbase moves closer to offering a full spectrum of trading products—spot, futures, perpetuals, and options—on a single platform. Expanding the product range also enables greater global participation and deeper liquidity.

Perfect Timing for the Market

Coming at a time of rapidly growing institutional interest in the crypto options market, this deal positions Coinbase to lead the next wave of innovation. Deribit’s fast, capital-efficient, and battle-tested infrastructure serves as a strong complement to Coinbase’s expanding derivatives business.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Coinbase Completes Acquisition of Deribit! appeared first on Coin Engineer.

Options Trading To Enhance Strategy Flexibility

On April 9, 2025, the SEC approved proposed rule changes allowing Nasdaq to list options contracts on BlackRock’s iShares Ethereum Trust (ETHA), Bitwise’s Ethereum ETF, Grayscale Ethereum Trust (ETHE), Grayscale Mini Trust, and Fidelity’s Ethereum Fund (FETH).

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

In its response to Nasdaq, the SEC stated:

“Options on the Trust will provide investors with a relatively lower-cost tool for exposure and hedging related to spot Ether.”

Inflows Into Ethereum ETFs Remain Modest

Despite the regulatory nod, institutional demand for Ethereum ETFs has been underwhelming. ETHA currently manages $1.8 billion in assets, down 56% since the start of the year. Meanwhile, most capital continues flowing into Bitcoin ETFs.

Crypto Regulation Shifting Under Trump Administration

Since Donald Trump’s return to office, the SEC has softened its stance on crypto enforcement. Investigations into Coinbase, Gemini, Uniswap Labs, and OpenSea have been quietly closed.

At the same time, U.S. lawmakers are advancing two key bills: the STABLE Act and the GENIUS Act, both aimed at regulating stablecoin issuers and clarifying the legal structure of the crypto market. A broader regulatory framework is expected later this year.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SEC Approves Options Trading For Spot Ethereum ETFs appeared first on Coin Engineer.

Coinbase in Advanced Talks to Acquire Deribit

Coinbase is in advanced talks to acquire cryptocurrency derivatives exchange Deribit. According to a March 21 report from Bloomberg, if the deal goes through, it would significantly strengthen Coinbase’s existing derivatives platform. Currently focused primarily on futures, Coinbase could become a leader in Bitcoin and Ethereum options trading by acquiring Deribit.

According to Bloomberg, Coinbase and Deribit have informed regulators in Dubai about the ongoing discussions. Deribit, which holds a license in Dubai, would need to transfer this license to Coinbase if the deal is finalized.

In January, Bloomberg reported that a potential deal could value Deribit between $4 billion and $5 billion. Deribit offers options, futures, and spot cryptocurrency trading. In 2023, its total trading volume reached approximately $1.2 trillion.

On March 20, competitor exchange Kraken announced plans to acquire NinjaTrader, a derivatives trading platform, for around $1.5 billion.

Crypto Derivatives Market Rapidly Growing

Cryptocurrency derivatives, such as futures and options, are gaining increasing popularity, especially in the U.S. Futures allow traders to buy or sell assets at a fixed price in the future, while options give traders the right to buy or sell an underlying asset at a predetermined price.

These derivative products are widely used by both retail and institutional investors for hedging and speculation purposes.

In December 2024, Coinbase reported that derivatives trading volumes surged by approximately 10,950% year-over-year. Coinbase lists derivatives tied to 92 different assets on its international exchange and offers a smaller number in the U.S..

In January, Robinhood launched cryptocurrency futures, increasing its competition with Coinbase.

In February, the world’s largest derivatives exchange, CME Group, announced an average daily trading volume of approximately $10 billion in crypto derivatives for the fourth quarter of 2024, marking an increase of over 300% compared to the previous year.

In February, Coinbase launched the first CFTC-regulated Solana futures in the U.S. and, in March, CME Group launched its own SOL futures contracts.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Coinbase is Close To a Multi-Billion Dollar Deal With Deribit appeared first on Coin Engineer.

As the May expiration of options approached today, investors’ volatility expectations for Ethereum did not go unnoticed. Recent data from Deribit, the largest options exchange, highlighted the growing interest in $5,000 options for the end of June.

The expectation that the SEC will give final approval to spot Ethereum ETFs and that these ETFs will start trading by the end of June, especially, has led to expectations rising in a positive direction.

Backpack (BP) Brings Good News to Early Users

One of the notable projects in the crypto ecosystem, Backpack, has officially entered its token

23
Mar

What is Ant.FUN (ANB)?

One of the projects that has recently attracted attention in the crypto market is Ant.FUN

16
Mar

Strategy’s Massive Bitcoin Purchase Moved the Market!

Institutional investment activity continues to attract attention in the cryptocurrency market. One of the companies

16
Mar

SynFutures co-founder Rachel Lin told The Block that there were large purchases for the $5,000 price:

When we look at the derivatives data, we see that the highest open interest for ether is currently in the $5,000 call option for the end of June. Investors’ bullish expectations are increasing.

In a similar comment, QCP Capital analysts stated that bullish expectations for Ethereum are increasing for June and that investors are focusing on the $4,000-$5,000 range:

Recent data shows that large buyers are behind Ethereum call options with a strike price of $4,000 to $5,000 for June 2024 expiration.

The post Institutional Investors Eye $5,000 for Ethereum by June as June Expectations Rise! appeared first on Coin Engineer.