Bitcoin No Longer Correlated to U.S. Stocks, Crypto Analytics Firm Block Scholes Says

The 90-day rolling correlation between bitcoin and Nasdaq, S&P 500 is now at the lowest level observed since July 2021, according to data tracked by crypto derivatives analytics firm Block Scholes.

• 2023-07-05
• Andrew Melville Block Scholes correlation stock markets digital assets Bitcoin crypto derivatives

Bitcoin Options Market Still Afraid of USDC Volatility

The options market is still valuing options that settle in the underlying rather than in USDC at a relative premium due to a continued concern of a further depeg, one observer said.

• 2023-03-15
• implied volatility derivatives market Andrew Melville USDC options trade underlying Block Scholes options contracts term structure