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 30th Oct, 11:59 PM IST.
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CRYPTO NEWS
- Bitcoin Ends October - Red Bitcoin is set to close October down ~3.3%, breaking its six-year “Uptober” streak. Analysts attribute the dip to mid-month volatility from US–China tariff tensions and the Fed’s 25 bps rate cut. While some traders expect a November rebound, others caution the bull cycle may be slowing. (Source: Cointelegraph)
- India Recognizes Crypto as Property - The Madras High Court ruled that cryptocurrency qualifies as “property” under Indian law. Justice N. Anand Venkatesh confirmed that crypto holdings can be owned, transferred, and held in trust, providing clarity on taxation, inheritance, and digital asset regulation. (Source: NDTV)
- Bitcoin ETF Inflows Rise - Bitcoin ETFs have seen renewed inflows as gold ETFs faced outflows after gold dipped below $4,000/oz. BTC held above $113,000, behaving as a risk-on asset rather than “digital gold,” with year-to-date gains at 56.3%, outpacing gold’s 45%. (Source: Cointelegraph)
- Solana Poised for Growth - Bitwise CIO Matt Hougan highlighted Solana’s potential for explosive growth, citing speed, usability, and institutional adoption. Partnerships like Western Union position SOL as a leading blockchain for real-world finance. (Source: Cointelegraph)
- Tokenized Assets to Surge - Standard Chartered projects tokenized real-world assets (RWAs) to jump from $35B to $2T by 2028, largely on Ethereum. DeFi adoption and clearer U.S. regulations are driving a self-sustaining growth cycle for tokenized money market funds and equities. (Source: The Block)
- BTC Slides on Tech Weakness - Bitcoin fell to $106,800 amid US tech stock weakness, with Meta and Microsoft dropping 10% and 3%, respectively. Hyblock data shows liquidity around $103,800 and suggests a short-term downside below $100K is possible. (Source: The Block)
- Trump-China Tariff Relief Boosts BTC - BTC briefly fell to $108K after the Fed’s rate decision but recovered following Trump’s announcement of reduced China tariffs and a potential one-year trade deal. Lower rates and the end of quantitative tightening could support continued gains if trade talks remain stable. (Source: CoinDesk)
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Significant Call writing is observed at the $124,000 level, while notable Put writing is seen at $100,000. The Put-Call Ratio (PCR) of 0.95 indicates neutral market sentiment.
OI Analytics for the upcoming week: ETHUSD
Significant Call writing is observed at the $4,000 strike, while notable Put writing is seen at the $3,500 strike on the lower side. The Put-Call Ratio (PCR) of 0.95 suggests a neutral market sentiment for the upcoming week.
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USA WEEK AHEAD (IST) [HIGH IMPACT DATA]
- Monday - 8:30 PM - ISM Manufacturing PMI
- Wednesday - 8:30 PM - ISM Services PMI
- Friday - 8:30 PM - Non Farm Payrolls, Unemployment Rate
FEATURE ALERT: STRADDLE CONTRACTS
Straddle is a simple way to trade BTC/ETH volatility on daily expiries!
It is a Call + Put option bundled at the same Bitcoin strike.
Highlights of Straddle:
- 50% lower fees - Charged only on one leg
- Lower slippage - Better liquidity & tighter spreads
- Faster execution - trade 2 Options with 1 order
Try Straddle Now!
Check out our Youtube Video for more details on this feature.
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