EP 11
Binance Launches Short Options Strategies Amid Market Pullback
In this episode
Crypto markets experienced widespread downward pressure as Bitcoin fell -2.91% to $81,043.86 and Ethereum dropped -5.56% to $2,368.14 amid broader Asian equity market routs and liquidations. Binance expanded its derivatives offerings by launching short options strategies, including covered calls and cash-secured puts. Meanwhile, CZ commented on Solana opening an office in China and announced the October 19 Japan release of his book, 'Freedom of Money'.
- Binance launched covered call and cash-secured put short options strategies on its platform.
- CZ highlighted Solana's advertising and office presence in China, noting BNB Chain has not achieved this so far.
- CZ announced that his book 'Freedom of Money' is launching in Japan on October 19, 2026.
- Bitcoin fell -2.91% to $81,043.86, while Ethereum dropped -5.56% to $2,368.14 and BNB declined -2.96% to $721.00.
- The Crypto Fear & Greed Index decreased from 62 to 53, shifting into Neutral territory.
- BNB Chain's BSC total value locked dropped -1.8% over the past 24 hours to $5.29B.
- Binance announced Spot Trading Tournament Season 6 offering up to 2,300,000 FF token vouchers in rewards.
- US Bitcoin ETFs saw $261M shed, with cumulative net outflows of $151M recorded since Monday.
- White House Crypto Council director Patrick Witt stepped down, marking the fourth high-profile departure from the group.
- Hex founder Richard Heart was reported arrested in Istanbul by Turkish media.