{"id":133330,"date":"2024-07-17T20:00:09","date_gmt":"2024-07-17T17:00:09","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133330"},"modified":"2024-07-17T13:53:37","modified_gmt":"2024-07-17T10:53:37","slug":"crypto-platform-expands-btc-and-eth-options-ahead-of-2024-us-election","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-platform-expands-btc-and-eth-options-ahead-of-2024-us-election\/","title":{"rendered":"Crypto Platform Expands BTC and ETH Options Ahead of 2024 US Election"},"content":{"rendered":"<p>This move aims to cater to investor strategies anticipating market movements tied to the election, scheduled for November 5.<\/p>\n<p>The top derivatives exchange <strong><a href=\"https:\/\/x.com\/DeribitExchange\/status\/1813228883409273046?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1813228883409273046%7Ctwgr%5E1609ec556248220670b3abc4b20b345c97953d6a%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoingape.com%2Fderibit-exchange-rolls-out-early-btc-and-eth-options-for-2024-us-election%2F\" target=\"_blank\" rel=\"nofollow\">announced<\/a><\/strong> on social media that these early options will allow clients to speculate and hedge positions in response to potential election outcomes. Trading begins at 8 AM UTC on July 18 to facilitate strategic positioning.<\/p>\n<p>Deribit has been a dominant force in the crypto derivatives market, contributing significantly to the $51.1 billion <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> options trading volume, with over $2 billion in open interest in recent trading periods.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/heres-why-bitcoin-could-hit-100000-soon\/\" title=\"Here\u2019s Why Bitcoin Could Hit $100,000 Soon\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/closeup-golden-bitcoins-dark-reflective-surface-histogram-decreasing-crypto-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here\u2019s Why Bitcoin Could Hit $100,000 Soon<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This initiative adds election-related options to its diverse array of trading products developed to meet client demands.<\/p>\n<p>The introduction of election-themed options aligns with a broader trend in blockchain-based political finance, enabling global participation in US election events.<\/p>\n<p>This includes platforms like Polymarket, where users can engage in prediction markets on election outcomes amidst heightened market interest following recent political developments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deribit is launching BTC and ETH options expiring on November 8, 2024, ahead of the US presidential election.<\/p>\n","protected":false},"author":3,"featured_media":113107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,27],"tags":[],"class_list":["post-133330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Platform Expands BTC and ETH Options Ahead of 2024 US Election<\/title>\n<meta name=\"description\" content=\"Deribit, a leading crypto derivatives exchange, is launching BTC and ETH options expiring on November 8, 2024, ahead of...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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