Nasdaq Bitcoin Options Near Launch After SEC Approval

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 12 hours ago

Explore Agentic TradingLet AI Trade for You

Regulatory Progress: Nasdaq has secured conditional approval from the SEC to launch cash-settled Bitcoin options, which is expected to provide traders with a new way to manage Bitcoin exposure through a regulated exchange, further advancing the Bitcoin derivatives market.
Contract Structure Advantage: Each QBTC contract offers exposure equal to 1 BTC, which, compared to CME's standard 5 BTC options, allows more small institutions and retail investors to hedge risks more precisely and lowers the entry barrier.
Cash Settlement Mechanism: The options will settle in cash, meaning no actual Bitcoin will be delivered at expiration, which eliminates the complexities of digital asset management and may attract users who prefer to avoid direct Bitcoin holdings.
Growing Market Demand: As institutional investors increasingly seek crypto risk management tools, Nasdaq's Bitcoin options could serve as a new regulated venue, enhancing liquidity and market participation for Bitcoin-related products.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like BTC with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	70349.4	72319.5	74659.79	76629.89	78970.18	80940.28	83280.57
Fibonacci	72319.5	73966.069	74983.321	76629.89	78276.459	79293.711	80940.28

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on BTC?

Get Started Free