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 16th Oct, 11:59 PM IST.
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CRYPTO NEWS
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ETF Outflows Deepen: U.S. spot Bitcoin ETFs saw $536.4M in outflows on Oct 16 (the biggest since Aug 1)led by ARKB ($275M) and FBTC ($132M). Ethereum ETFs lost $56.9M amid risk-off sentiment from Trump’s 100% China tariffs and liquidity stress. (Source: The Block)
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Technical Outlook: Bitcoin trades below the 200DMA ($107.4K) but holds above the 365DMA ($99.9K), with 111DMA ($114.7K) as resistance. Holding 365DMA is key to avoid a deeper correction. (Source: Glassnode)
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Gold Dominates: Gold hit a record $4,357/oz, lifting its market cap to $30T, 14.5x Bitcoin’s and 1.5x the Magnificent 7’s combined. Up 64% YTD, the rally reflects geopolitical and dollar weakness, with analysts eyeing Bitcoin as next for capital rotation. (Source: Cointelegraph)
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Ripple’s Bold Move: Ripple Labs aims to raise $1B via SPAC to build an XRP-focused digital asset treasury, following its $1B GTreasury acquisition, underscoring long-term expansion plans. (Source: FXStreet)
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JPMorgan on Sell-off: Analysts say the recent crash was led by crypto-native traders in perpetual futures, not ETFs or CME futures. OI dropped ~40%, showing sharp deleveraging. (Source: The Block)
Fed Liquidity Strain: A 29 bps SOFR–RRP spread and $6.5B SRF usage signal funding pressure reminiscent of 2019’s crunch. Traders now expect a QT pause at the Oct 28–29 FOMC, a potential liquidity boost for risk assets. (Source: CoinDesk)
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Significant Call writing is observed at the $112,000 level, while notable Put writing is seen at $98,000. The Put-Call Ratio (PCR) of 0.23 indicates extreme negative market sentiment.
OI Analytics for the upcoming week: ETHUSD
Significant Call writing is observed at the $4,350 strike, while notable Put writing is seen at the $3,200 strike on the lower side. The Put-Call Ratio (PCR) of 0.80 suggests a mildly bearish market sentiment for the upcoming week.
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USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
- Thursday - 7:30 PM - Initial Jobless Claims
- Friday - 6:00 PM - Core Inflation, CPI
FUTURES SCALPER OFFER
Bitcoin Scalper Window Is Still Open!
You now have 30 minutes (up from 15 minutes) to open and close your BTC Futures positions with ZERO Closing Fees under the Scalper Offer. That means more flexibility, more control, and more profit potential, all while keeping your trading costs low.
Open and close your BTC Futures trades within 30 minutes to enjoy waived closing fees and maximize your ROI.
Scalping duration for other Futures contracts remains 15 minutes.
Line up entries, manage exits, and work the volatility with more breathing room.
Eligible users: All the KYC Users who give their consent by clicking “Join Now” on the pop-up that appears on the BTC USD and ETH USD page will be able to participate in the offer.
This pop-up can be accessed by clicking on the scalper offer banner present on the “markets” page or the “Scalper Offer” mentioned under the “Fees”.
Trades that are taken before giving the consent will not be considered under this offer.
Key Points to Note:
- Scalping Duration: 30 minutes for BTC and 15 minutes for other Futures
- Applicable to: All fully and partially closed Futures trades
- Position Closing Fees: Waived for eligible trades
- Exclusions: Not applicable to Options trades
Check out our Youtube video on this updated offer.
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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