Bitcoin hasn’t seen 3 positive consecutive quarters since 2017

Bitcoin has not seen three positive consecutive quarters since 2017, historical data shows. According to the latest data from Skew, Bitcoin (BTC) has not seen three positive consecutive quarters since 2017.

Bakkt Bitcoin futures smashes daily volume record by 36%

Despite the milestone, Bakkt’s future volumes pale in comparison to those of top crypto exchanges Binance and Huobi. Bakkt, a regulated platform for crypto asset custody and trading owned by Intercontinental Exchange, has reported record daily trading volumes for its physically-settled Bitcoin (BTC) futures contracts. On September 16, Bakkt announced that more than $200 million worth of BTC contracts had been traded over a single day — breaking its previous record by 36%. According to crypto market data aggregator Skew, the record figure is roughly double the average daily volumes posted throughout September so far. Bakkt daily Bitcoin futures volume: SkewDespite being touted as the likely catalyst for an institutional-led bull market, Bakkt’s Bitcoin derivatives failed to meet the expected impact — seeing sustained periods of complete inactivity during January of this year.

Bitcoin options data shows traders anticipate BTC price to fall soon

After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious. Market data from Skew shows investors in the Bitcoin (BTC) options market are cautiously bearish in the short term as of Sep.

Bitcoin Futures Open Interest at ATH Above $5 Billion But Sentiment’s Shaky

As per data from Skew, Bitcoin futures aggregated open interest hit the $5 billion mark, but the overall trend shows that traders are bearish and closing their positions rather than opening new ones.

Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’

Digital currency markets have increased significantly in value during the last 24 hours as the market capitalization of all 5,700+ coins is up over 2.4% on Friday.

Bitcoin and Gold Correlation Reaches Record High 70%, Bolstering BTC’s Store of Value Credentials

The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew.

Ethereum Turns 5 But ETH Price Vs. Bitcoin Never Recovered Since 2018

The Ethereum network is turning five years old, but ETH price performance versus Bitcoin leaves something to be desired. Ethereum is five years old and Ether (ETH) has surprised investors with a trip above $300 — but compared to Bitcoin (BTC), the biggest altcoin is underperforming. As data from on-chain monitoring resource Skew confirms, ETH/USD as a percentage of BTC/USD remains far below its all-time highs. Ether stays far from Bitcoin price share highs As of Ethereum’s birthday, Ether’s share stood at 3.1% of the BTC price.

Bitcoin Futures Open Interest Targets Record as BTC Price Nears $10K

A week of solid gains for investors is sparking changes at CME, data shows as $9,500 continues to hold. Bitcoin (BTC) derivatives have returned to the spotlight this week as price moves appear to spark a surge in open interest. Data from on-chain analytics resource Skew showed open interest for CME Group’s Bitcoin futures nearing record highs in US dollar terms this week. Bitcoin futures open interest passes $450M After falling following Bitcoin’s block subsidy halving in May, the downtrend continued through last month before rebounding over the past seven days. Daily volume easily topped $300 million during the week, while open interest passed $450 million and was on course to top its all-time high of $532 million at press time. Open interest refers to the total value of derivatives contracts that have yet to be settled.

CME Bitcoin Options Flatline After Record Growth in June

Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew.

BTC Options Traders Are Not Betting on a Short-Term Bitcoin Price Drop

Crypto analysts have recently suggested that Bitcoin options traders are flipping short-term bearish but data shows this is not the case. Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout.  Although the $9,000 support has been holding strong for the past 50 days, any slightly negative indicator tends to get more attention from media and pundits.  Recently, crypto media has focused on Bitcoin’s 25 % skew as proof that options traders are turning bearish in the short-term, but in reality there’s more to it than just interpreting signals from one data point.  Skew is an options-trading concept that compares the volatility rates between put and call options within the same expiration date.

Bitcoin Investors Unfazed By Great Twitter Hack, as Volatility Remains Stable

Bitcoin traders seem unfazed by the massive Twitter hack on Wednesday, as the price of the top cryptocurrency has largely remained steady.

Crypto Exchange Open Interest Rises as Bitcoin Volatility Drops to New Low

Open Interest for crypto futures are rising at Bybit despite Bitcoin’s record-low volatility. Recent data from Skew shows that open interest for Bitcoin (BTC) has been rising on the Bybit crypto trading platform, reaching a new high at $434 million on July 14 for the Tether (USDT) and USD pairs combined. BTC Futures - Bybit Open Interest.

Tesla ‘Eating Bitcoin’s Lunch’ as Realized Volatility Hits 3-Year Low

30-day realized volatility for Bitcoin drops to its lowest levels since 2017, while Tesla beats performance at over $1,500. Bitcoin (BTC) set another dubious record on July 15 as realized volatility sank to its lowest in three years. According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 this week. BTC volatility echoes pre-$20K position Realized volatility refers to volatility as defined by various timespans.

Correlation Between Bitcoin Price and Stocks Reaches a New All-Time High

Bitcoin’s correlation to the S&P 500 has reached a new all-time-high, what does this mean for BTC price? Lately, Bitcoin price has been showing record-high levels of correlation with traditional markets and on July 9 the correlation between the S&P 500 and BTC reached a new all-time high.  Data from Skew shows that the one-year realized correlation reached 0.38 on Thursday, July 9 and this came after the metric had reached new highs earlier in the week. Bitcoin - S&P 500 Realized Correlation. Source: Ske

Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off

The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility.

Bitcoin Realized Volatility Last Did This Right Before 2018 Sell-Off

10-day realized volatility hits its lowest since just before Bitcoin price fell to $3,100 in late 2018, sparking fresh bearish fears. Bitcoin (BTC) could be heading for a repeat of its late 2018 sell-off, data warns as realized volatility reaches almost three-year highs. Uploading fresh charts on July 6, on-chain analyst Skew drew concerning comparisons to Bitcoin in its 2018 bear market. Bitcoin 10-day realized volatility dips to 20% Analyzing realized volatility, Skew noted that the last time the metric hit 20%, a mass capitulation event followed, during which BTC/USD hit $3,100. “Last time we reached that level, we had the great sell-off of November 2018 shortly after,” analysts warned. Realized volatility refers to historical volatility measurements, with 20% on the 10-day reading marking a 33-month low. Bitcoin realized volatility 3-year chart.

Bitcoin Volatiliy Levels Hint “Great Sell-Off,” Skew Data Finds

Bitcoin 10-day realized volatility reaches 20 percent for the first time since November 2018, according to data collected by Skew.

OKEx Adds 10 New Charts to its skewAnalytics Dashboard, Increases Transparency

The global crypto spot exchange and derivatives trading platform, OKEx has taken its partnership with one of the trusted crypto derivatives market data platform Skew to the next level.

Bitcoin Investors Pocketed 42% in Gains During the Second Quarter of 2020

The second quarter of 2020 was very profitable for bitcoin investors, according to data analytics firm Skew.