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 as on 19 Dec, 11:59 PM
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CRYPTO NEWS
- On 20th December, the global crypto market cap was $3.36T. The total crypto market volume over the last 24 hours is $272.85B. Bitcoin’s dominance is currently 57.65%, an increase of 0.67% over the day. (Source: Coinmarketcap)
- The Fed announced a widely expected 25-basis-point rate cut, its forecast of only two quarter-point reductions in 2025 was lower than the three or four cuts anticipated by markets and signaled slower rate cuts ahead. U.S. stock markets also saw steep declines, with the Dow, Nasdaq, and S&P 500 losing over 2%. (source: ET)
- The cryptocurrency market saw a sharp downturn, with Bitcoin dropping 7% to $97,000 after hitting $108,000, and Ethereum falling 12% to $3,422. XRP lost 11% to $2.22, Dogecoin plunged 20% to $0.31, and Solana dropped 12% to $191. Driven by a hawkish inflation outlook from the Fed, the market lost 9% of its value, triggering over $1.2 billion in liquidations.The overall sentiment remains bearish with persistent selling pressure. (Source: Coinmarketcap)
- On December 19, U.S. Bitcoin and Ethereum ETFs faced significant net outflows, reversing weeks of consistent inflows. Bitcoin ETFs saw their largest single-day net outflow of $680 million, ending a 15-day streak of $6.7 billion in inflows. Ethereum ETFs experienced $60.47 million in net outflows, breaking an 18-day streak of inflows. (Source: CCN)
- U.S. Bitcoin ETFs surpassed gold ETFs in net assets on Dec. 16, reaching $129 billion. BlackRock’s iShares Bitcoin Trust leads with $60 billion. Rising demand for Bitcoin and gold reflects investor hedging against economic and geopolitical risks. (Source: Cointelegraph)
OPTIONS OI ANALYTICS FOR UPCOMING WEEK
OI Analytics for the upcoming week: BTCUSD
Put writing on multiple strikes is evident on the lower side while call writing remains towards the extremes. It looks like there is room for bitcoin movement in the upcoming week.
OI Analytics for the upcoming week: ETHUSD
The weekly expiry for ETHUSD will align with the monthly expiry, which could result in higher volatility. The call writing at the 3800 level points to it acting as a resistance, while on the lower side 3200 can act as support level.
DELTA EXCHANGE RESEARCH PERFORMANCE
Performance of trades covered by Delta Research last week:
- We successfully captured a profit of $240 on Monday with the 0DTE Short Strangle on a margin of $1200.
- The ratio spread recommended on Tuesday yielded a profit of $200, while on Wednesday, we captured another $200 profit with 0DTE options. On Thursday, we achieved a $200 profit in Short Strangle.
For more such trade research insights, follow the Delta Research Community and Telegram channel.
Disclaimer: This research is only for educational purpose and is not a financial advice.
FEATURE SPOTLIGHT
Calculator
Introducing a game-changing feature for traders to choose their leverage, calculate liquidation, profit/loss positions, the Calculator. Risk management becomes much easier when you can check your liquidation price before making a trade.
How to use the Calculator:
- Go to the Futures section, where you set up your trade parameters. Look below, and you’ll see the Calculator icon – just click on it.
- Enter your entry price, leverage, and position size, and instantly, it gives you your liquidation price.
- In the Profit/Loss tab, enter your entry and exit prices.
- Analyze ROI and risk for each leverage level and plan your trades smartly
The Calculator has even more features – Trade Size and Target Price – making your planning and risk management even easier.
Check out our Youtube video on this feature.
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UPDATES FROM DELTA EXCHANGE
Exciting news from Delta Exchange!
We’ve hit a major milestone with $2 billion in daily trading volume!
This achievement showcases the growing confidence in our platform and the increasing demand for crypto derivatives trading.
Thank you to all our users for your continued support!
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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