Options

Options are versatile derivative instruments that give traders the right, but not the obligation, to buy (Call) or sell (Put) a digital asset at a specific strike price.Unlike futures, options offer a flexible way to hedge against "black swan" events or speculate on implied volatility. The 2026 landscape features a surge in on-chain options vaults (DOVs) and structured products that simplify complex "Greeks" for retail users. Explore this tag for insights into premium pricing, expiration cycles, and advanced strategic hedging in the decentralized derivatives market.

20278 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Why Billionaire Michael Saylor’s Strategy Outperforms Bitcoin – Here’s What You Need to Know

Why Billionaire Michael Saylor’s Strategy Outperforms Bitcoin – Here’s What You Need to Know

Billionaire Michael Saylor, executive chairman of Strategy, has once again taken to X (formerly Twitter) to explain why shares of $MSTR trade at a premium to Bitcoin’s net asset value (NAV). In his post , Saylor attributed this advantage to four key factors: Credit Amplification, Options Advantage, Passive Flows, and Superior Institutional Access—benefits that equity and credit instruments offer over commodity assets like Bitcoin. $MSTR trades at a premium to Bitcoin NAV due to Credit Amplification, an Options Advantage, Passive Flows, and superior Institutional Access that equity and credit instruments provide compared to commodities. pic.twitter.com/AYQlytS4ID — Michael Saylor (@saylor) August 13, 2025 Credit Amplification: Leveraging to Maximize Bitcoin Exposure Strategy uses intelligent leverage to achieve 2x–4x amplification of Bitcoin exposure. This level of credit-based positioning is unavailable for spot Bitcoin exchange-traded products (ETPs) or direct Bitcoin holdings. By strategically tapping into credit markets, MSTR can enhance returns when Bitcoin’s price rises, effectively multiplying the impact of favorable market moves. This approach, however, also increases risk in downturns, reflecting the high-conviction nature of Saylor’s long-term Bitcoin bet . Options Advantage: Deeper and More Liquid Derivatives Markets Another differentiator is Strategy’s $100 billion+ in open interest within the options market. In comparison, spot Bitcoin ETPs have around $30 billion, while CME Bitcoin futures sit at roughly $20 billion in open interest. This liquidity and market depth give MSTR more flexibility for institutional traders and hedgers, making it a more dynamic vehicle for large-scale strategic plays than Bitcoin itself. Passive Flows: Index Inclusion Drives Steady Capital Unlike Bitcoin or its ETPs, Strategy benefits from passive flows due to its inclusion in major equity indices such as the NASDAQ 100, MSCI, and Russell 1000. This means that as investors pour money into index funds and ETFs tracking these benchmarks, a portion of that capital automatically flows into MSTR shares. This consistent demand adds a structural tailwind to MSTR’s market performance, further widening the premium over Bitcoin’s NAV. Institutional Access: Bigger Capital Pools Than Bitcoin Institutional access is where MSTR’s advantage is perhaps most pronounced. The company’s equity and credit profile provides access to an estimated $35 trillion in equity and $60 trillion in credit markets. By contrast, spot Bitcoin ETPs tap into about $700 billion in private capital, and physical Bitcoin is limited to less than $150 billion. This broader institutional reach gives MSTR more avenues to attract capital, execute financing strategies, and scale exposure. Saylor’s post reinforces his core message: Strategy isn’t just a Bitcoin proxy—it’s a leveraged, institutionally integrated vehicle that combines the advantages of traditional equity markets with a laser-focused Bitcoin strategy. For investors seeking amplified Bitcoin exposure with deep market infrastructure, Saylor argues, $MSTR offers a unique edge.

Author: CryptoNews
BAY Miner Launches Next-Generation Cloud Mining Platform, Providing Daily BTC and XRP Earnings to Global Users

BAY Miner Launches Next-Generation Cloud Mining Platform, Providing Daily BTC and XRP Earnings to Global Users

BAY Miner has officially launched its next-generation cloud mining platform, allowing users worldwide to easily earn daily Bitcoin (BTC) and XRP (XRP) profits anytime, anywhere. This platform requires no mining equipment, hardware investment, or technical expertise. Simply register an account and select the appropriate hash rate contract to instantly start cloud mining via your smartphone. Profits are automatically settled and credited to your account in real time, with flexible withdrawal and reinvestment support in multiple currencies, enabling “mining at your fingertips, daily profits.” This upgrade utilizes AI-powered intelligent scheduling and a green energy data center to maximize energy efficiency and reduce carbon emissions, providing users with a secure, transparent, and efficient digital asset value-added solution. Whether you’re a digital currency novice or a seasoned investor, BAY Miner is committed to ensuring everyone enjoys stable cloud mining returns, pocketing passive income, and ushering in a new era of the digital economy. How BAY Miner Provides the Stability and Security of Daily Returns BAY Miner takes several measures to ensure that users’ daily returns are stable and secure: 1. Stable Returns USD Settlement with a Locked Exchange Rate Mining contracts are denominated in US dollars, with a fixed settlement rate, reducing uncertainty caused by price fluctuations. Even with volatile crypto markets, returns remain unaffected, ensuring investors receive stable returns. AI Intelligent Computing Power Scheduling The platform uses AI algorithms to automatically adjust mining machine resource allocation based on real-time global computing power distribution, difficulty dynamics, and network status, maximizing revenue efficiency and minimizing volatility. Flexible Multi-Currency Switching and Contract Adjustment Users can adjust their mining currency (BTC, XRP, ETH, etc.) and computing power contracts based on market conditions, mitigating the risk of single-currency returns and improving overall revenue stability. Distributed Green Energy Data Centers Utilizing distributed data centers across Europe, America, and Asia, and powered by 100% renewable energy, we ensure a stable computing power supply without single points of failure, ensuring continuous and efficient mining (i.e., stable system operation and uninterrupted returns). 2. Compliance Assurance EU and International Regulations Operating in accordance with the EU’s Markets in Crypto-Assets (MiCA) Regulation and the principles of the International Organization of Securities Commissions (IOSCO), the platform adheres to regulatory and transparency requirements, ensuring user rights are protected by internationally recognized regulations. Top-tier Security Technology Utilizing cutting-edge encryption and security technologies such as McAfee and Cloudflare, the platform provides real-time security monitoring and protection for data, accounts, and assets to prevent hacking, data leaks, and theft. Zero Fees, Transparent Operations The entire process is free of service and handling fees, and all profits are credited to your account. Operational data and profit settlements are fully transparent and accessible to users for real-time verification. Daily Automatic Settlement and Multiple Withdrawal Verification All profits are automatically settled and deposited daily. The withdrawal process incorporates multiple authentication methods and secure operations to ensure the safety and security of funds. These measures ensure that the BAY Miner platform offers both stable returns and asset security in the cloud mining industry, making it suitable for long-term participation by all types of investors. How Users Operate the Platform to Achieve Automated Asset Management The BAY Miner platform offers a highly streamlined and intelligent workflow for users who want to automate asset management. The steps are as follows: 1. Register an account Sign up in seconds using your email address—no ID verification required. 2. Select your mining plan Choose from a variety of contracts based on your budget and goals. BAY Miner offers flexible mining plans to suit different investment levels. You can find available options here . 3. Activate with cryptocurrency Fund your wallet with BTC, ETH, XRP, or USDT. 4. Start mining immediately Start mining instantly, with no installation or maintenance required. The Difference Between BAY Miner and Traditional Mining BAY Miner eliminates the reliance on specialized equipment and technology for crypto mining. There’s no longer a need to deal with hardware maintenance, energy consumption calculations, or heat dissipation, allowing more users, including those in areas lacking mining facilities, to easily participate. The Impact of Stablecoin Legalization On the Crypto Market In recent years, major markets such as the United States, the European Union, and Hong Kong have intensively introduced stablecoin regulatory frameworks to promote legalization and compliant operations. In 2025, the US GENIUS Act and STABLE Act, as well as Europe’s MiCA regulations, became a global focus, laying the foundation for compliant and secure crypto investments. BAY Miner embraces this trend, providing low-barrier, transparent cloud mining services to help global users participate in the digital asset market in a compliant environment. Finally: Your Cryptocurrency Future Starts Now If you’ve been waiting for a mining opportunity, now’s it. BAY Miner removes all obstacles and turns your phone into a cryptocurrency machine. Whether you’re holding BTC, hoarding XRP, or investing in Ethereum, BAY Miner can help. Start mining anytime with your smartphone, earn daily rewards, and enjoy additional benefits for signing up and referring others. Download the app here .

Author: CryptoNews
Automated Mining? Seize the Golden Opportunity of Dogecoin Cloud Mining in 2025!

Automated Mining? Seize the Golden Opportunity of Dogecoin Cloud Mining in 2025!

Bitcoin has stabilized above $120,000, and the crypto market is broadly recovering. Altcoins like Dogecoin (DOGE) are experiencing a new upward momentum. “Whales” — influential investors making large-scale purchases — are driving price increases and signaling long-term confidence in Dogecoin’s growth potential. For many, the most attractive factor is the potential income, depending on their mining contracts and market conditions. SIX MINING , a global cryptocurrency mining platform, offers hosted hash power rental services without the need for expensive hardware, maintenance, or electricity costs. Investors can start with a $12 free registration bonus plus $0.64 daily login rewards and scale their investments through flexible contracts tailored to different budgets. What is SIX MINING Cloud Mining? Cloud mining is a process that uses rented cloud computing power to mine cryptocurrencies like Bitcoin, eliminating the need to install or directly operate hardware and related software. SIX MINING is a global decentralized smart cloud mining platform founded in the UK in 2018. They utilize clean energy for mining, significantly reducing mining costs. SIX MINING’s mission is to create a sustainable and eco-friendly mining environment, enabling more crypto enthusiasts as well as individual and team miners to participate without the need to purchase or maintain equipment or pay direct energy costs. Why Choose SIX MINING Registration Bonus: Receive a $12 bonus upon successful account registration. No Equipment Costs: The platform covers all hardware, electricity, and maintenance fees. Efficient and Eco-Friendly: Uses clean energy to create a low-carbon mining environment. Real-Time Earnings Monitoring: Track mining progress and income anytime via mobile app. Bank-Level Security: SSL encryption and DDoS protection. How to Participate Register an account — takes just one minute and instantly receive a $12 bonus . Fund your account — supports deposits in 10 different cryptocurrencies, with a minimum of $100. Choose a contract plan — select a daily earnings plan based on your budget . The above contracts are among the platform’s popular plans. For more contract options, please visit the SIX MINING official contracts page. Start earning automatically — earnings are credited daily and can be withdrawn anytime. Summary With the rising value of hash power and the upward trend in Dogecoin prices, mining bonuses are accelerating. Early adopters stand to gain substantial profits. For those ready to secure a place in the next growth phase of cryptocurrency, platforms like SIX MINING offer a fast, convenient, and scalable solution to help earn daily income. Register now to claim your $12 bonus and start your Dogecoin cloud mining journey for free!

Author: CryptoNews
XRP, ETH, BTC surge; OPTO Miner launches passive income app

XRP, ETH, BTC surge; OPTO Miner launches passive income app

OPTO Miner’s new mobile cloud mining app lets users earn stable daily crypto returns using just a smartphone. #sponsored

Author: Crypto.news
XRP Boom Meets WinnerMining, Turning Market Waves Into Daily Payouts

XRP Boom Meets WinnerMining, Turning Market Waves Into Daily Payouts

Large-scale XRP transactions are drawing market attention after on-chain data revealed that major investors — often referred to as “whales” — scooped up 60 million XRP within 24 hours, driving daily trading volume to nearly $180 million. The surge in institutional activity comes alongside the launch of a new cloud mining rewards program from global provider WinnerMining , which now supports direct XRP payments. WinnerMining’s new contracts give XRP holders an alternative way to put their assets to work. Instead of relying solely on price appreciation, participants can activate mining power through the platform without purchasing hardware or managing operations. Earnings are credited daily, and the initial capital is returned at the end of the contract term. With whales moving $180 million in a day, WinnerMining lets anyone tap into the action with fixed-term crypto contracts that pay out every 24 hours. “Digital asset value shouldn’t hinge entirely on market swings,” said Edward Godoy, WinnerMining’s Chief Marketing Officer. “Our goal is to make it simple for people to earn steady returns while retaining full control of their crypto.” Contract Options All contracts feature automatic daily payouts, with earnings withdrawable or reinvestable for compound growth. You can view the full list of contract options here . Key Platform Features Multi-asset support — XRP, BTC, DOGE, USDT, USDC, LTC, BNB, and more. Low entry barrier — No mining hardware required; $15 bonus for new sign-ups. Daily settlement — Payouts credited within 24 hours. Flexible durations — Multiple term lengths and investment tiers. Security measures — Cold/hot wallet separation, multi-layer encryption, transparent ledger. How to Get Started Create a WinnerMining account and claim the $15 bonus; Connect your crypto wallet securely; Select a contract based on your budget and preferred term; Start mining — payouts begin the next day. WinnerMining also offers a referral program with commission rates of up to 4.5% for affiliates. Sustainability and Compliance All mining operations are powered by renewable energy, aiming for carbon-neutral status. The company maintains transparent reporting and operational compliance to foster investor confidence. Outlook With whale activity fueling renewed interest in XRP and broader adoption of blockchain applications, predictable-yield mining contracts may appeal to investors seeking steady portfolio income alongside long-term crypto exposure. WinnerMining aims to position its platform as a simple, secure, and accessible entry point into the cloud mining market. For more information, visit winnermining.com For business inquiries, contact: [email protected] The WinnerMining app is available for free on Google Play or at winnermining.com

Author: CryptoNews
Here’s how high Bitcoin price go with 1% pension fund allocation

Here’s how high Bitcoin price go with 1% pension fund allocation

The new executive order could unlock trillions in retirement funds for crypto, with a 1% shift potentially pushing Bitcoin to $194,000. Still, volatility and regulatory risks may limit quick adoption. Last week, markets flicked from cautious to almost electric. Ethereum…

Author: Crypto.news
Pantera Research Report: 300 million bets on DAT, the second phase of the crypto bull market has begun

Pantera Research Report: 300 million bets on DAT, the second phase of the crypto bull market has begun

Source: Pantera Capital Original title: DAT Value Creation Compiled and compiled by: BitpushNews Preface: Crypto venture capital firm Pantera Capital revealed for the first time in its latest blockchain letter

Author: PANews
Altcoins open interest surges to new all-time high amid declining Bitcoin volatility

Altcoins open interest surges to new all-time high amid declining Bitcoin volatility

The altcoin market's futures open interest (OI) surged to a record $47 billion, driven by rapid price gains, according to a Glassnode report on Tuesday. The surge comes amid a decline in Bitcoin's (BTC) at-the-money implied volatility (ATM IV), which historically precedes sudden price swings.

Author: Fxstreet
Mesh Adds RLUSD Support, Setting Stage for Merchant Adoption Surge

Mesh Adds RLUSD Support, Setting Stage for Merchant Adoption Surge

Ripple USD’s arrival on Mesh’s expansive crypto payments network signals a powerful step toward mainstream adoption, blending regulatory trust with seamless, stable digital transactions for global commerce. RLUSD Joins Mesh’s Growing List of Supported Tokens Mesh, a digital payments and crypto infrastructure provider, announced on Aug. 12, 2025, that it has integrated Ripple USD (RLUSD), […]

Author: Bitcoin.com News
ETH Nears $4,500 as Its Biggest Whale BitMine Unleashes $20B War Chest to Buy More Ethereum

ETH Nears $4,500 as Its Biggest Whale BitMine Unleashes $20B War Chest to Buy More Ethereum

BitMine Immersion Technologies is raising the stakes in the Ethereum market, filing with the U.S. Securities and Exchange Commission (SEC) to expand its at-the-market equity offering by a massive $20 billion. The move boosts the company’s total stock sale capacity to $24.5 billion, with much of the proceeds expected to be used for additional ETH purchases. The Delaware-based crypto mining and Ethereum treasury firm first announced a $2 billion offering on July 9 through Cantor Fitzgerald and ThinkEquity. That figure jumped to $4.5 billion on July 24. BitMine ($BMNR) just filed to expand its at-the-market equity program by $20B, a 5x increase in issuance capacity, to fund more ETH purchases. ▶️ Prior authorized: $4.5B ▶️ New supplement: +$20B ▶️ Total capacity: $24.5B pic.twitter.com/DdFMiwesBk — matthew sigel, recovering CFA (@matthew_sigel) August 12, 2025 The latest supplement represents a fivefold increase in its share sale capacity, marking one of the largest equity raise expansions seen in the crypto sector. Corporate ETH Buying Turns Strategic as BitMine Targets Validator Infrastructure The company said the fresh capital may also be used to buy Bitcoin and expand its mining and consulting operations, but Ethereum remains its clear focus. BitMine’s common stock trades on the NYSE American under the ticker BMNR, closing at $58.98 on August 11. Under the updated plan, sales will be conducted through an at-the-market offering, with Cantor acting as the sole designated sales agent. The firm will pay up to a 3% commission on gross proceeds. While BitMine’s prospectus leaves room for debt repayment, buybacks, and business expansion, it also explicitly states that proceeds could fund further Ethereum acquisitions, as well as Bitcoin purchases and mining infrastructure. The company’s appetite for Ether has already made headlines. Between July 9 and July 25, BitMine acquired 566,776 ETH, worth around $2.03 billion , in just 16 days. 🚀 BitMine has emerged as the largest corporate holder of Ether after acquiring more than $2 billion worth of ETH in just over two weeks. #BitMine #Eth https://t.co/9sLlsmr7KB — Cryptonews.com (@cryptonews) July 25, 2025 That aggressive buying spree pushed its holdings past 625,000 ETH by the end of July, valued at $2.3 billion. However, that haul has already grown past 1.2 million ETH, worth roughly $5 billion, cementing BitMine’s position as the largest corporate holder of the asset. The firm has publicly set a target of acquiring and staking 5% of the total Ether supply, which at current estimates would be about six million ETH, worth roughly $22 billion. This ambition, if achieved, would make BitMine’s Ethereum stash even larger, in proportional terms, than Strategy’s famed Bitcoin holdings. Speaking to CryptoNews, Sammi Li, co-founder and CEO of JuCoin, said the impact could be dramatic. “BitMine accumulated $2.9 billion in ETH within weeks, and prices rose. A sudden $20 billion deployment would definitely create supply shocks, especially with corporate staking removing liquid supply from circulation,” Li noted. She added that corporate adoption of ETH is no longer purely speculative. “Companies aren’t just holding it hoping the price goes up. They’re actually using it. SharpLink stakes 95% of their holdings, and BitMine is building validator infrastructure. When a hardware company adds ETH to their R&D budget, they see it as operational infrastructure,” Li said. BitMine’s Billion-Dollar ETH Grab Could Redefine Price Discovery, Analyst Warns BitMine’s buying spree comes alongside other market moves. On July 23, its common stock began trading as listed options on the NYSE American under the ticker BMNR, giving investors new ways to gain exposure to the company’s performance. 🇺🇸 @BitMNR launches options trading on the NYSE, expanding investor access to its ETH-focused growth strategy. #Crypto #ETH https://t.co/Z8mMAD6TJo — Cryptonews.com (@cryptonews) July 23, 2025 Days later, on July 29, BitMine launched a $1 billion stock buyback program , showing confidence in its equity even as it gears up for more ETH purchases. 📈 @BitMNR has approved a $1B stock buyback program while holding 625K ETH worth $2.3B, supporting its strategy to acquire 5% of ETH supply. #Ethereum #BitMine https://t.co/p95wHhsv4D — Cryptonews.com (@cryptonews) July 29, 2025 The strategy appears designed to lock up large amounts of ETH in staking contracts, reducing available supply for traders and potentially influencing price discovery. “Volatility might spike around corporate earnings, but the underlying dynamic favors stability,” said Li. The scale of the potential buy is unprecedented, as a $20 billion acquisition at current prices represents roughly 4% of Ethereum’s circulating supply, far exceeding liquidity on centralized exchanges. OTC channels and accumulation strategies are expected to minimize slippage, but anticipation alone could lift ETH prices in the short term. If much of this ETH is staked, analysts suggest it could accelerate the “digital oil” narrative that is gaining traction among corporate treasuries. Temujin Louie, CEO of Wanchain, noted while speaking with CryptoNews that even if the purchase itself doesn’t trigger a supply squeeze, the psychological impact on the market could be major. Li agrees, framing BitMine’s approach as “permanent capital removal” that shifts Ethereum’s price discovery toward fundamentals rather than speculative sentiment. The market will now be watching how quickly BitMine deploys its war chest and whether its strategy sparks a structural change in ETH liquidity and valuation. Ethereum Nears Record High as Corporate Buying Wave Lifts Price Above $4,400 Ether’s price surge has been fueled by a wave of corporate adoption, with publicly traded firms increasingly adding ETH to their treasuries. The token has climbed over 21% in the past week, trading at $4,408 at press time, just 9% shy of its November 2021 all-time high of $4,890. Source: CryptoNews The rally is being driven by a new wave of corporate adoption, with publicly traded firms rapidly building Ethereum treasuries, a strategy reminiscent of Michael Saylor’s Bitcoin accumulation playbook. Several newly formed Ethereum treasury companies have raised and deployed billions of dollars into ETH over recent weeks, intensifying market momentum. Analysts say the trend could reshape Ethereum’s volatility profile. “Volatility will always exist in crypto. It’s part of the DNA of this market,” said Asim Sarwar, advisor at Vault PLC, which is also building an ETH treasury. “But as large whales and institutions keep accumulating, some of those sharp swings could start to dull. Long-term holdings through staking or treasury positions mean less ETH is actually in play on exchanges.” Over the next 6–12 months, Sarwar expects fewer dramatic downside moves due to reduced liquidity for panic selling, though upside moves could become more explosive when demand spikes against a thinner market. Li said these equity-funded purchases are “not leveraged speculation” and should ultimately reduce volatility. Ethereum last crossed $4,350 in 2021, but the renewed buying spree has pushed it firmly back into that range. BitMine now leads all corporate holders, surpassing the 1 million ETH milestone after acquiring an additional 317,000 ETH on Monday, bringing its total to 1.15 million ETH, worth $5 billion. Source: StrategicEthReserve.xyz It’s trailed by Joe Lubin’s SharpLink with 598,800 ETH ($2.6 billion) and The Ether Machine with 345,400 ETH ($1.5 billion), according to The Block. Outside of public companies, the Ethereum Foundation holds 232,600 ETH ($1 billion), while Coinbase’s reserves stand at 136,800 ETH ($588.8 million) alongside 11,776 BTC ($1.4 billion). In total, corporate and entity holdings tracked by SΞR amount to 3.57 million ETH, or 2.95% of the entire supply.

Author: CryptoNews