火星财经消息，8 月 4 日，据 Binance 在发给 CoinDesk 的新闻稿中披露，BTC 期权市场的总交易量已从 2020 年的 41.1 亿美元激增至 2025 年 6 月的 1,387.6 亿美元，增长超过 3200%。 期权是一种衍生合约，赋予买方在特定日期或之前以预定价格买入或卖出标的资产的权利。其中，看涨期权（Call Option）赋予买入权利，代表对市场持乐观态度；而看跌期权（Put Option）则提供下行保护。

<div>火星财经消息，8 月 4 日，据 Binance 在发给 CoinDesk 的新闻稿中披露，BTC 期权市场的总交易量已从 2020 年的 41.1 亿美元激增至 2025 年 6 月的 1,387.6 亿美元，增长超过 3200%。 期权是一种衍生合约，赋予买方在特定日期或之前以预定价格买入或卖出标的资产的权利。其中，看涨期权（Call Option）赋予买入权利，代表对市场持乐观态度；而看跌期权（Put Option）则提供下行保护。</div>

比特币期权市场交易量呈「爆炸式」增长

<Huoxing Finance News>, on August 4th, according to a press release from Binance sent to CoinDesk, the total trading volume of the BTC options market has surged from $4.11 billion in 2020 to $138.76 billion in June 2025, an increase of over 3200%. Options are derivative contracts that give the buyer the right to buy or sell the underlying asset at a predetermined price on or before a specific date. Among these, call options grant the right to buy and represent an optimistic market sentiment, while put options provide downside protection.

<div>Mars Finance News, on August 4th, according to a press release from Binance sent to CoinDesk, the total trading volume of the BTC options market has surged from $4.11 billion in 2020 to $138.76 billion in June 2025, an increase of over 3200%. Options are derivative contracts that give the buyer the right to buy or sell the underlying asset at a predetermined price on or before a specific date. Among these, call options grant the right to buy and represent an optimistic market sentiment, while put options provide downside protection.</div>

Bitcoin options market trading volume is exploding

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...