{"id":246279,"date":"2026-11-01T05:29:46","date_gmt":"2026-11-01T05:29:46","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=246279"},"modified":"2026-11-01T05:29:46","modified_gmt":"2026-11-01T05:29:46","slug":"nordfx-crypto-news-of-the-week-21-28-october","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=246279","title":{"rendered":"NordFX Crypto News of the Week | 21\u201328 October"},"content":{"rendered":"

\ud83d\udcca Bitcoin options into the Fed: movement, not direction<\/strong><\/p>\n

Bitcoin is trading near $81,000<\/strong> ahead of today\u2019s Federal Reserve decision. The focus is not just on rates, but on Chair Kevin Warsh\u2019s message about what comes next. One important detail: there is no new Fed dot plot in\u00a0October<\/strong>.<\/p>\n

\u26a1 Options are pricing uncertainty<\/strong><\/p>\n

Deribit\u2019s Bitcoin 30-day implied volatility is around 37\u201338%<\/strong>. That tells us how much movement the options market is pricing\u200a\u2014\u200anot whether bitcoin will rise or\u00a0fall<\/strong>.<\/p>\n

\u2696\ufe0f What does the skew\u00a0say?<\/strong><\/p>\n

The picture is mixed. Very short-dated options around the Fed and 30 October expiry are roughly balanced to slightly call-rich<\/strong>, while later November and December maturities still show puts trading at an implied-volatility premium to\u00a0calls.<\/p>\n

Meanwhile, Deribit open interest remains call-heavy overall: roughly $20.1bn in calls versus $12.0bn in puts<\/strong>, or a put\/call ratio near 0.60<\/strong>. Positioning and hedging, yes. A clean directional forecast, no.<\/p>\n

\ud83d\udca5 A huge expiry follows the\u00a0Fed<\/strong><\/p>\n

Around $10.9bn of bitcoin options<\/strong> expire on Deribit on 30 October. Combined with today\u2019s Fed decision, that makes the next 48 hours particularly interesting for volatility traders.<\/p>\n

\ud83c\udfdb\ufe0f Crypto regulation keeps\u00a0moving<\/strong><\/p>\n

The US OCC published final rules implementing key GENIUS Act<\/strong> provisions for payment stablecoins. \ud83c\uddec\ud83c\udde7 The UK FCA opened new consultations covering the crypto regulatory perimeter and DeFi. \ud83c\uddeb\ud83c\uddf7 French authorities proposed tougher treatment of non-MiCA-compliant stablecoins while backing euro stablecoins, tokenised bank deposits and a regulated path for\u00a0DeFi.<\/p>\n

\ud83c\udfe6 Stablecoins go mainstream<\/strong><\/p>\n

HSBC launched its HKD-backed RedCoin<\/strong> on 23 October, making the regulated bank-issued stablecoin available through PayMe to a potential audience of more than 3.3 million users<\/strong>.\u00a0\ud83c\udded\ud83c\uddf0<\/p>\n

\u26cf\ufe0f Fun fact of the\u00a0week<\/strong><\/p>\n

Two solo bitcoin miners found blocks on consecutive days<\/strong> this week. \ud83c\udfb0 One reportedly had just 16.2 TH\/s<\/strong> of computing power\u200a\u2014\u200agiving it an estimated daily chance of success of around 0.0002%<\/strong>. Sometimes the blockchain really does produce lottery-style odds.<\/p>\n

\ud83d\udc40 What to\u00a0watch<\/strong><\/p>\n

Today\u2019s Fed message matters more than the widely expected rate decision itself. The options market is preparing for movement\u200a\u2014\u200abut it isn\u2019t giving traders a reliable answer about direction<\/strong>.<\/p>\n

#NordFX #Bitcoin #Crypto #BTC #Fed #CryptoNews #Trading<\/p>\n

\ud83e\ude99 NordFX Crypto News of the Week | 21\u201328 October<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"

\ud83d\udcca Bitcoin options into the Fed: movement, not direction Bitcoin is trading near $81,000 ahead of today\u2019s Federal Reserve decision. The focus is not just on rates, but on Chair Kevin Warsh\u2019s message about what comes next. One important detail: there is no new Fed dot plot in\u00a0October. \u26a1 Options are pricing uncertainty Deribit\u2019s Bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":246280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-246279","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246279"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246279"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/246280"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}