After a year to forget, will 2023 be a smoother one for crypto? The latest CointelegraphCS report details what to expect.
. Still, despite the bulls’ best efforts, BTC has not been able to post a daily close above $18,000 since Nov. 9, 2022. As a tumultuous year in crypto came to a close, BTC’s price stayed within the $15,000 to $17,000 range, which handed a win to bears after the Dec. 30 options expiry, when bulls needed to push the price above $18,000 to avoid a potential $340 million loss heading into 2023.
Delta can be understood as the probability that the option will expire in the money. A $16,000 one-week call with a price of $16,500 would have a near-100% delta, while a $36,000 one-week call would have a near-0% delta. This is because it is a near-certainty that the $16,000 call would remain in-the-money, while the $36,000 would remain OTM, given the usual volatility.
Demelza Hays, Ph.D., is the director of research at Cointelegraph. Hays has compiled a team of subject matter experts from finance, economics and technology to bring the premier source for industry reports and insightful analysis to the market. The team utilizes APIs from various sources to provide accurate, useful information and analyses.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
CES 2023 report: context is key
Read more »
Car insurance rates to rise 8.4% in 2023: ReportCar insurance rates are expected to increase by 8.4% across the U.S. in 2023, the largest rate increase in six years, a new report finds.
Read more »
Play-to-earn falling out of favor after 'massive shift in priority' — BGA surveyBlockchain gamers may see a 'massive shift' towards gameplay and accessibility improvements in 2023, rather than play-to-earn models, according to a Blockchain Gaming Alliance (BGA) report.
Read more »
All signs point to a healthy 2023 for newest SF Giant Michael Conforto“It was heartbreaking a little bit. It gave me perspective, it gave me a chance to take a step back and view my career as a whole.”
Read more »
35 TV Shows That Are Premiering And Returning In Winter 2023 That Are Worth Checking OutThere are a lot of new and returning shows to check out this winter, including The Last Of Us, You Season 4, a new series by director Rian Johnson, the That '70s Show spinoff, Daisy Jones & the Six, and more.
Read more »
Pregnant Abby Elliott shows off baby bump at Golden Globes 2023“The Bear” actress, 35, announced her pregnancy last week on Instagram with the caption, “Baby Boy 💙 we can’t wait to meet you in June.”
Read more »