Options

Options are versatile derivative instruments that give traders the right, but not the obligation, to buy (Call) or sell (Put) a digital asset at a specific strike price.Unlike futures, options offer a flexible way to hedge against "black swan" events or speculate on implied volatility. The 2026 landscape features a surge in on-chain options vaults (DOVs) and structured products that simplify complex "Greeks" for retail users. Explore this tag for insights into premium pricing, expiration cycles, and advanced strategic hedging in the decentralized derivatives market.

20278 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Coinbase Finalizes Deribit Acquisition to Lead Global Crypto Derivatives Market

Coinbase Finalizes Deribit Acquisition to Lead Global Crypto Derivatives Market

Coinbase just became the undisputed titan of crypto derivatives, sealing a high-stakes acquisition that unifies spot, futures, and options under one explosive trading empire. Deribit Acquisition Launches Coinbase Into Crypto Derivatives Stratosphere Crypto exchange Coinbase (Nasdaq: COIN) announced on Aug. 14, 2025, that it has finalized the acquisition of Deribit, a leading crypto options exchange […]

Author: Bitcoin.com News
TeraWulf and Fluidstack sign 200MW, 10-year AI hosting agreement, with Google joining the project

TeraWulf and Fluidstack sign 200MW, 10-year AI hosting agreement, with Google joining the project

PANews reported on August 14th that TeraWulf Inc. announced on its website that it has signed two 10-year high-performance computing hosting agreements with AI cloud platform Fluidstack, providing over 200MW

Author: PANews
99Bitcoins: How Technology and Digital Payments Are Changing the Game for Sports Fans

99Bitcoins: How Technology and Digital Payments Are Changing the Game for Sports Fans

This content is provided by a sponsor. Sports fans today are experiencing a new era of engagement, thanks to rapid advances in technology and the rise of digital payments. From real-time match stats to innovative ways to support teams, the landscape is shifting fast. Here’s a closer look at how tech is transforming the fan […]

Author: Bitcoin.com News
Coinbase Completes $2.9 Billion Acquisition of Deribit, Becoming the Global Leader in Crypto Derivatives

Coinbase Completes $2.9 Billion Acquisition of Deribit, Becoming the Global Leader in Crypto Derivatives

PANews reported on August 14th that The Block reported that Coinbase has completed its $2.9 billion cash and stock acquisition of crypto derivatives exchange Deribit. Following the merger, Coinbase leads

Author: PANews
Jeffs' Brands announces $75 million investment in AI-powered cryptocurrency vault

Jeffs' Brands announces $75 million investment in AI-powered cryptocurrency vault

PANews reported on August 14th that Jeffs' Brands will partner with Quantum Crypto to launch an AI-powered cryptocurrency vault management program, with a planned investment of up to $75 million,

Author: PANews
$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

$215B Corporate Bitcoin Boom Creates ‘Dangerous Game,’ Most ‘Won’t Survive Credit Cycle’: Research

Corporate Bitcoin holdings have exploded to $215 billion across 213 entities, with public companies controlling 71.4% of the total, but new research warns this “ dangerous game ” will likely see most participants fail to survive a full credit cycle. According to a research report from Sentora shared with Cryptonews, companies are “borrowing billions in fiat, issuing new equity, and restructuring entire balance sheets to acquire Bitcoin” while engaging in what amounts to structured speculation on a non-yielding , highly volatile digital asset. The study identifies a critical flaw in the strategy. “Idle Bitcoin on a corporate balance sheet is not a scalable strategy in a rising-rate world” because most Bitcoin treasury companies are either unprofitable or heavily reliant on mark-to-market gains to appear solvent. Source: Sentora Research Strategy leads with 628,791 BTC, followed by MARA Holdings at 50,639 BTC and Bitcoin Standard Treasury Company with 30,021 BTC. Notably, Japan’s Metaplanet’s recent Q2 financial report revealed a stunning 468% Bitcoin yield in Q2 2025. Speaking with Cryptonews, Vincent Maliepaard, Vice President of Marketing at Sentora, noted that “balance sheet diversification with a hard asset like Bitcoin is the right framing, especially in an era of heightened geopolitical uncertainty.” However, the research warns that without Bitcoin evolving from digital property to productive digital capital that generates yield, the strategy remains fundamentally limited. Historical Parallels Reveal Both Promise and Peril The Bitcoin treasury strategy mirrors historical wealth-building through leveraged acquisition of scarce assets like land and property, sharing characteristics of “a scarce and durable asset, cheap capital,” but currently lacking “the asset’s ability to produce yield.” Source: Sentora Research The research notes that while families and companies built generational wealth through real estate for centuries, “Gold Treasury companies” never emerged despite gold’s scarcity due to storage costs, movement difficulties, and negative carry. Bitcoin’s digital advantages enable global transfers in seconds, programmable custody, and 24/7 trading, positioning it as potentially superior to gold for treasury purposes. However, the research emphasizes that “like land that gains economic meaning when developed, Bitcoin ‘ must do something ‘” beyond existing as idle digital property on balance sheets. The study warns that most Bitcoin treasury adopters from 2020-2024 “misunderstood the asset, the structure, or the macro environment” during an era of cheap fiat and QE-boosted equities. The transition to higher interest rates exposes structural weaknesses in strategies designed for ultra-low rate environments. Leveraged Speculation Disguised as Treasury Management The research categorizes Bitcoin treasury strategies as “negative-carry trades” where companies borrow fiat to acquire a non-yielding asset, contrasting sharply with traditional carry trades that provide a positive yield while waiting. Unlike foreign exchange carry trades with built-in cushions, Bitcoin strategies offer “no yield cushion, no neutral carry, and no risk-parity ballast.” Strategy has pioneered the model using $3.7 billion in ultra-low coupon convertible bonds and $5.5 billion in perpetual preferred shares to finance acquisitions. Michael Saylor attributes Strategy’s premium to net asset value through “Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access” that provide 2x-4x Bitcoin exposure amplification unavailable to spot ETFs. $MSTR trades at a premium to Bitcoin NAV due to Credit Amplification, an Options Advantage, Passive Flows, and superior Institutional Access that equity and credit instruments provide compared to commodities. pic.twitter.com/AYQlytS4ID — Michael Saylor (@saylor) August 13, 2025 The financing mechanisms reveal structural vulnerabilities. Mining companies like Marathon Digital face “razor-thin and deteriorating margins, often being structurally unprofitable below ~$100k BTC” with Bitcoin constituting 50-80% of their assets. The research notes that these firms face high liquidation risk due to short-term cash needs during downturns. Similarly, Metaplanet also exemplifies this aggressive accumulation , doubling Bitcoin holdings every 60 days for 475 days while utilizing zero-interest convertible bonds worth ¥270.36 billion. The company filed shelf registrations for ¥555 billion in perpetual preferred shares, targeting 210,000 BTC by 2027, representing 1% the total Bitcoin supply. Credit Cycle Vulnerability Threatens Corporate Bitcoin Experiment The research warns of structural risks when “interest payments become unserviceable, refinancing costs spike, equity issuance turns non-accretive, and boards question the Bitcoin strategy itself.” Most companies lack sustainable business models beyond Bitcoin appreciation, creating dangerous dependencies on continued price momentum. Rising interest rates amplify negative carry, while Bitcoin price stagnation over 2-3 years could erode conviction and make equity issuance dilutive. The study notes “there is no lender of last resort, no circuit breaker, and no refinancing facility” when Bitcoin carry trades break, making risks “binary and reflexive.” Presumably due to the weakening risk appetite, Strategy is already facing multiple class-action lawsuits alleging misleading statements about Bitcoin strategy profitability and risks. However, the company maintains unique advantages through index inclusion, providing passive flows from $35 trillion in equity markets and $60 trillion in credit markets compared to Bitcoin ETFs’ $700 billion access. JUST IN: 🇰🇿 Kazakhstan’s Fonte Capital gets approval to list the first spot Bitcoin ETF in Central Asia 🙌 The ETF starts trading tomorrow 🚀 pic.twitter.com/rutraPruZk — Bitcoin Magazine (@BitcoinMagazine) August 12, 2025 Most recently, Kazakhstan has also launched Central Asia’s first spot Bitcoin ETF , while Norway’s sovereign wealth fund increased indirect Bitcoin exposure by 192% through equity stakes in Coinbase, Metaplanet, and Strategy. These developments support Maliepaard’s prediction that “ more private enterprises will reveal significant BTC positions ” as market infrastructure matures. The research concludes that for the strategy to succeed long-term, “Bitcoin must evolve from digital property to digital capital,” which generates yield without custodianship requirements. Until Bitcoin becomes productive through yield-bearing mechanisms, most corporate treasury experiments face potential failure during adverse credit cycles. However, Maliepaard remains optimistic about long-term prospects, predicting that “ the familiar boom-and-bust framing of Bitcoin cycles will start to fade ” as adoption widens across corporate and sovereign balance sheets. He believes that “ if debt-financed acquisition of hard assets like land and real estate has historically compounded value, applying the same playbook to Bitcoin could reshape market dynamics entirely ,” with even aggressive price forecasts potentially proving conservative.

Author: CryptoNews
XRP Hits $3.40, SIX MINING Helps You Earn Passive Income

XRP Hits $3.40, SIX MINING Helps You Earn Passive Income

After finding strong support in the $2.85–$2.95 range, XRP quickly reclaimed its 9-day moving average and is approaching key resistance at $3.33–$3.40. A successful breakout would open up potential for targets at $3.50 or even $3.55–$3.60. With this upward momentum, investors may consider investing in crypto assets through the SIX MINING cloud mining platform, leveraging the dual advantages of stable hashrate and potential price appreciation to capitalize on passive value growth during this bull market. Why Choose SIX MINING Instant mining access through flexible contracts: Users can choose from a variety of mining contract packages that provide a fixed daily income based on their investment preferences. Low-cost mining: No need to purchase or maintain mining equipment; SIX MINING takes care of all operating expenses. Mobile monitoring, globally accessible: Investors can mine Bitcoin from anywhere in the world using only their smartphone. The SIX MINING app provides real-time income tracking. Encrypted system protection: All user data is protected by SSL encryption, and our dedicated servers are protected from DDoS attacks. Supports multiple cryptocurrencies: Users can settle profits in BTC, ETH, LTC, USDT, USDC, XRP, SOL, DOGE, and BCH. How to Join The SIX MINING Contract Program? Register as a SIX MINING user; Choose a contract plan that suits you for investment; Wait for the mining plan to expire and withdraw your personal earnings. For contract plans, please refer to the SIX MINING contract page . Mining Mobile Application? Friendly app with a simple registration process; Easy-to-navigate interface suitable for beginners; Easily access and manage accounts anytime, anywhere; Wide accessibility with Android and iOS options. Summarize In summary, XRP has stabilized at key support levels and continues to push upward toward resistance, potentially leading to a near-term breakout. For investors seeking to maximize returns during price increases, SIX MINING offers a low-entry cloud mining solution, allowing you to enjoy price appreciation while also benefiting from increased computing power, potentially resulting in double profits.

Author: CryptoNews
XRP is Expected to Hit $4 In the Short Term – Earn XRP and Other Cryptocurrencies Daily with the SAVVY MINING Platform

XRP is Expected to Hit $4 In the Short Term – Earn XRP and Other Cryptocurrencies Daily with the SAVVY MINING Platform

On July 18, XRP broke through $3.65, breaking its 2018 all-time high of $3.40. After a pullback to $3.20, it rebounded 7%. Technicals remain strong, with the RSI above 50 and solid support at $3, indicating a dominant buying trend and a potential move towards $4 in the short term. However, savvy investors don’t just wait for price increases; they also turn their assets into daily cash flow. With SAVVY MINING, XRP holders can directly launch cloud mining contracts and earn daily XRP returns independent of market fluctuations. No hardware or maintenance is required, and profits are settled daily. Cash can be withdrawn or reinvested at any time, achieving dual growth in assets. Now is an excellent time to capitalize on XRP’s price momentum and earn passive income by joining SAVVY MINING . Why Should XRP Investors Choose SAVVY MINING? Bitcoin and Ethereum dominate the ETF market, while XRP is catching up. For many investors, ETF returns alone no longer meet their expectations for stable returns. Therefore, they are turning to legal and compliant intelligent cloud mining platforms like SAVVY MINING . Without the need to purchase expensive equipment or incur maintenance risks, SAVVY MINING’s AI-powered computing power management system allows you to earn cryptocurrency daily. The platform combines renewable energy with cold storage to ensure stable returns and asset security. How to Get Started? Visit the SAVVY MINING official website to register an account (a $15 bonus plus $0.60 per day in free funds). Complete registration and connect your digital wallet for fast deposits and withdrawals. Flexibly choose the computing power contract that suits you. You can find available options here . Start cloud mining and enjoy automatic daily deposits. All profits are automatically paid out daily, and principal is fully refunded upon contract expiration. Fast withdrawals and reinvestment are supported. Core Platform Advantages 24/7 customer service with an average response time of 1-3 minutes. Supports deposits and withdrawals of major cryptocurrencies: BTC, ETH, XRP, DOGE, LTC, USDT, USDC, and others. Utilizes green energy, ensuring environmental protection and low energy consumption, reducing costs and increasing returns. 80+ data centers worldwide, with over 7 years of operation. Military-grade security, SSL encryption, and cold wallet storage. No hidden fees, fixed returns, and a low barrier to entry. UK FCA-registered and compliant. Invite friends and receive an additional permanent 4.5% referral bonus. Security and Sustainability Shape the Future In the cloud mining industry, security and trust are paramount. SAVVY MINING prioritizes the security of user funds and information. We maintain operational transparency and adhere to compliance standards in various countries, providing investors with solid protection so they can focus on profitability. Furthermore, all mining farms are powered by renewable energy, achieving carbon neutrality. This not only reduces environmental pollution but also provides sustainable returns for investors, ensuring a win-win for everyone involved in both wealth and environmental benefits. Summary With the maturity of cloud mining, SAVVY MINING has become an ideal choice for XRP holders who seek asset appreciation. Combining technical security, stable returns, and platform transparency, SAVVY MINING is more than just a money-making tool – it aims to be a path to financial freedom. Start using your XRP today to begin earning returns. For more information, visit the SAVVY MINING website or download the app .

Author: CryptoNews
BIS Bulletin Proposes Revamping Crypto AML Measures With Compliance Scores

BIS Bulletin Proposes Revamping Crypto AML Measures With Compliance Scores

The paper, issued by BIS economists, proposes using blockchain as a transaction history to overcome the limitations faced by current AML measures when dealing with decentralized assets, such as cryptocurrencies and stablecoins, in order to protect off-ramping institutions. BIS Bulletin Proposes Using Blockchain History to Build Crypto AML Score The expansion of cryptocurrency and stablecoins […]

Author: Bitcoin.com News
President Trump Signs Order Letting Americans Add Crypto to 401(k) Plans – Here’s the Risk

President Trump Signs Order Letting Americans Add Crypto to 401(k) Plans – Here’s the Risk

An official White House fact sheet notes that more than 90 million Americans participate in employer-sponsored defined-contribution plans. Data from the Investment Company Institute further indicates that total U.S. retirement assets were valued at $43.4 trillion as of March 31, 2025. These statistics demonstrate that the majority of Americans plan to have enough financial assets to eventually retire. However, most people are currently restricted from investing in alternative assets. This will soon change, though. U.S. President Donald Trump recently signed an executive order (EO) that will allow American workers to add alternative assets to the ir 401(k) portfolios , including private equity, real estate, and cryptocurrency. HUGE NEWS: Crypto can now be part of your 401k. @POTUS just signed an executive order allowing digital assets in retirement accounts — another major step toward mainstream adoption. A reminder that when we advocate together, leaders listen. https://t.co/sIfVPCARAY — Stand With Crypto🛡️ (@standwithcrypto) August 7, 2025 Milestone Moment for the Crypto Sector While this EO is meaningful for American workers, it also represents a major milestone for the crypto sector . Petr Kozyakov, CEO of payment infrastructure platform Mercuryo, told Cryptonews that the inclusion of Bitcoin in 401(k) plans reflects the growing mainstream acceptance of digital assets. “For years, alternative investments have been a staple of institutional and high-net-worth investor portfolios, offering diversification and potentially higher returns,” Koyzakov said. “By allowing a small, measured allocation to Bitcoin, everyday retirement savers have the opportunity to allocate to digital gold.” Echoing this, a Paxos spokesperson told Cryptonews that the blockchain infrastructure provider has long viewed crypto as a legitimate and advantageous investment. “We are still waiting for some details of this executive order, and there are some administrative hurdles; however, this is a huge milestone for mainstream adoption,” the spokesperson said. They added that this move will likely encourage a much larger customer base to hold crypto or tokenized assets, with the backing of Paxos’ secure and regulated products. Crypto is now included in 401(k) retirement plans. With roughly $9 trillion in current 401(k) assets, a minimum 1% crypto allocation over two years could channel $90 billion into crypto markets. Prices are rising preemptively as this narrative front-runs capital deployment. pic.twitter.com/w6XmsqrhQR — Tide Capital (@tidecap) August 8, 2025 Risks Associated with Crypto in 401(k) Plans On the flip side, there are a number of risks associated with adding crypto to a 401(k) portfolio . Miles Fuller, director of government solutions at Taxbit, told Cryptonews that even before the recently signed EO, there was no legal barrier to 401(k)s offering crypto investments. Yet Fuller noted that the main issue was—and still is—about risk. “Employers and, more specifically, plan administrators hired by employers, are fiduciaries subject to a variety of rules under the Employee Retirement Income Security Act (ERISA),” Fuller said. “Those rules may impose liability on the plan administrators if things go wrong (think investment losses) for plan participants (employees) and the fiduciary requirements were not met.” Fuller added that the fiduciary rules set forth by ERISA are not always clear or easy to apply. As such, administrators tend to take a conservative approach to plan administration to minimize liability risk. “The volatility of crypto as an investment class makes it harder, but not impossible, to manage that fiduciary risk as a plan administrator, which has resulted in crypto being avoided historically,” Fuller elaborated. While this may be, Fuller pointed out that plan administrators like ForUsAll and Fidelity are already managing that risk by offering plans with direct crypto investment options for employees. Additionally, Fuller pointed out that the recently signed EO doesn’t contemplate direct investment in crypto. Rather, the document refers to indirect investments in digital assets, such as holdings in actively managed investment vehicles that may be investing in crypto. “This is likely managed mutual funds or private equity funds that invest in crypto, rather than direct crypto investment for employees,” Fuller said. “With that said, consumer protection and financial education are necessary elements as well. The funds involved here are real people’s retirement nest eggs, not everyday investments.” Combating Risk in 401(k)s While market volatility seems to be the biggest risk associated with adding crypto to 401(k) portfolios, Kyle Chassé—founder of MV Global—told Cryptonews that this risk can be combated with a long-term, dollar-cost averaging strategy. “Investing in a 401(k) is inherently a multi-decade play, which perfectly aligns with the long-term growth trajectory of crypto,” Chassé said. He added that this risk can be mitigated by investing in a diversified portfolio of crypto assets, as well as a mix of other traditional assets. “Investing with qualified custodians and taking advantage of BTC or ETH exchange-traded products are also great ways to mitigate risk.” When Will Americans Add Crypto to Their 401(k)? Risks aside, the implementation of crypto investments in 401(k) plans will likely take time. Q. Ghaemi, a member of investment platform Swan Bitcoin’s private team, told Cryptonews that this policy adoption will likely take months or even a year. “Regulators still need to finalize guidance, and plan providers need to build compliant offerings. The demand is there, but the infrastructure and fiduciary frameworks need to catch up,” Ghaemi stated. While this may be, Fuller noted that adoption could be immediate. “Because the law already allows it and the EO clearly indicates a favorable view, I anticipate that we will reasonably quickly see a few other plan administrators begin to allow these options,” he remarked. Fuller added that growth is likely to continue once the U.S. Department of Labor completes its review of policies and regulations over the next six months. “The most interesting downstream impact will be seeing what new investment vehicles begin to take shape that include crypto as a component. Those new products may take some additional time to be designed and go through the approval process, but some already exist in the form of crypto-based exchange-traded funds that could be offered within 401(k) plans,” he said.

Author: CryptoNews