We’re excited to bring you the weekly updates, insights, and opportunities to enhance your trading experience with Delta Exchange.
WEEKLY SNAPSHOT
Note: Last Price mentioned above are as observed on 20th Mar, 11:59 PM IST.
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CRYPTO NEWS
- On 21st March, the global crypto market cap was $2.76T, a 2.06% decrease over the last day. The total crypto market volume over the last 24 hours is $76.06B, which makes a 27.58% decrease. Bitcoin’s dominance is currently 60.60%, a decrease of 0.01% over the day. (Source: Coinmarketcap)
- Solana (SOL) surged by nearly 8% on March 19, 2025, reaching $131.59. The price pump was driven by the anticipation of the first-ever Solana futures ETFs set to launch in the U.S. by VolShares. The ETF launch is expected to attract institutional investors. Solana’s market cap rose to $67.11 billion, with a 24-hour trading volume of $2.73 billion, contributing to the ongoing market rally. (Source: cryptotimes.com)
- On March 19th, the Federal Reserve kept interest rates steady at 4.5% as expected, while raising the inflation outlook to 2.7% from 2.5% due to tariff concerns. The GDP growth forecast for 2025 was lowered to 1.7% from 2.1%. The Fed signaled two possible rate cuts in 2025, though some officials preferred three. Markets reacted positively, with the Dow Jones up 500 points, the S&P 500 gaining 1.4%, and the Nasdaq rising 1.8%. Bitcoin surged 3.5% to $86,000, and Ethereum increased 6% to $2,070. (Source: ccn.com)
- Bitcoin ETFs surged over 1,300% to $165.75 million in inflows on March 20 after the Fed held interest rates steady. BlackRock’s IBIT led with $172.14 million, while some funds saw withdrawals. Bitcoin briefly hit $87,431 before dropping to $84,165. The SEC’s decision not to classify Proof-of-Work mining as securities boosted sentiment, though analysts remain cautious. (Source: crypto.news)
- Ethereum’s exchange supply dropped to a decade-low of 8.97 million ETH due to increased DeFi activity and staking. Despite this, ETH has fallen 47% from its December high to $1,990, with weak institutional interest and declining fee revenue. Facing resistance at $2,042, ETH could rise to $2,163 or fall to $1,714 if support at $1,986 breaks. (Source : crypto.news)
- XRP’s price has surged nearly 30% in two weeks, supported by the SEC ending its lawsuit against Ripple. Positive sentiment was further boosted by Bitnomial’s dismissal of its lawsuit and the launch of CFTC-regulated XRP futures. However, Ripple still faces legal restrictions preventing XRP sales to institutional investors, which could impact its growth. (Source: Cointelegraph)
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Significant Call writing starts at 95,000 strike while significant Put writing starts at 76,000 strike. PCR of 0.51 points to a bearish sentiment for the coming week.
OI Analytics for the upcoming week: ETHUSD
Heavy Call writing can be witnessed in OI data of Ethereum.PCR 0f 0.49 suggests a bearish pressure in Ethereum.Exceptional Puts have been written at strike 2100.
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PRODUCT FEATURE: MAKER-ONLY ORDER
A maker-only order ensures that the order will only execute if it can add liquidity to the market (i.e., your order is placed at a price that doesn’t match an existing order immediately).
You are essentially guaranteeing that you are a maker and will only pay fees for liquidity provision i.e. maker fee of 0.02%.
If the order is about to be matched with an existing order and become a taker, the order will get cancelled.
Watch this video to know the process in detail.
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UPDATES FROM THE DELTA EXCHANGE TEAM
The Delta Exchange will be setting up booth at Market Sangam in Delhi on 28th March (Fri).
Market Sangam:
Venue: Talkatora Stadium, Delhi
Date: 28 Mar, 2025
Time: 8:00 AM to 5:00 PM
This is a fantastic opportunity to connect with us and explore our innovative product offerings that can enrich your trading experience. Visit our stall to learn more about our platform, features, and the unique solutions we bring to the table for traders like you.
Mark your calendars and drop by to discover why Delta Exchange is the ultimate choice for Crypto F&O. See you in Delhi!
If you need any assistance or have any questions, our dedicated customer support team is here to help you, please write to us here.
Happy Trading!
Delta Exchange Team.