Options

Options are versatile derivative instruments that give traders the right, but not the obligation, to buy (Call) or sell (Put) a digital asset at a specific strike price.Unlike futures, options offer a flexible way to hedge against "black swan" events or speculate on implied volatility. The 2026 landscape features a surge in on-chain options vaults (DOVs) and structured products that simplify complex "Greeks" for retail users. Explore this tag for insights into premium pricing, expiration cycles, and advanced strategic hedging in the decentralized derivatives market.

20216 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Eskom Eyes Bitcoin Mining & AI to Tackle $22.7B Debt – Can the Lights Stay On?

Eskom Eyes Bitcoin Mining & AI to Tackle $22.7B Debt – Can the Lights Stay On?

South Africa’s struggling power utility Eskom is considering Bitcoin mining, artificial intelligence (AI), and data centres as part of its long-term strategy to stay afloat, according to group CEO Dan Marokane. Speaking earlier this year at the BizNews Conference, Marokane said the utility is exploring new ways to repurpose its excess electricity capacity as the energy market shifts. He pointed to growing demand in the U.S. from Bitcoin miners and data centres as an indication of where the future might be heading. Inside Eskom’s Strategy to Survive a $22.7 Billion Debt Load Eskom is undergoing a major strategic rethink as it confronts declining electricity sales and a mounting R403 billion ($22.7 billion) debt load. Eskom CEO Dan Marokane recently acknowledged the severity of the crisis, describing it as a “structural decline” driven by the growing adoption of self-generation and independent power producers (IPPs). In 2023 alone, Eskom’s electricity sales dropped by 4%, and the utility anticipates that this downward trend will persist for another three to five years. “The business has to reinvent itself and use part of this baseload in a way that can help it manage the remainder of its debt pile,” Marokane said, hinting at the need to reimagine Eskom’s commercial model. Eskom employees are involved and generating and selling fraudulent prepaid electricity tokens worth billions, causing higher tariffs and likely contributing to past load-shedding. https://t.co/fhGlQQMoNu — MyBroadband (@mybroadband) June 30, 2025 Beyond operational challenges, Eskom faces a deepening financial crisis. The utility’s municipal customers owe an additional R90 billion, and South Africa’s Electricity Minister Kgosientsho Ramokgopa has warned that Eskom’s total debt could balloon to R3.1 trillion by 2050 if left unchecked. Eskom is exploring alternative uses for its surplus generation capacity. Among the unconventional options being considered are energy-intensive industries such as artificial intelligence data centers and even Bitcoin mining. “We have to be looking at alternatives, and there are exciting opportunities around AI and data centres, but also within the space of Bitcoin,” Marokane noted. Bitcoin mining, though controversial, offers a potential outlet for surplus electricity. In countries like the U.S., crypto miners and AI firms have become major energy consumers. The U.S. Energy Information Administration (EIA) said in 2024 that large-scale computing facilities, including Bitcoin mining operations, are now among the fastest-growing sources of electricity demand, especially in Texas. These facilities often strike deals to reduce usage during high-demand periods, similar to Eskom’s load curtailment program. In one case, Texas-based mining firm Riot Platforms was paid $32 million in 2023 for voluntarily cutting consumption during a heatwave. Eskom said it is looking to replicate this model. But while it plans for an integrated energy-intensive future, South Africa’s grid is reportedly under pressure. Between June 13 and 19 this year, Eskom reported average unplanned outages of 15,076 megawatts, above the 15,000 MW threshold that triggers Stage 2 load-shedding. The utility has so far avoided rotational blackouts but has relied heavily on costly diesel-powered open-cycle gas turbines (OCGTs). Eskom’s OCGT load factor has more than doubled year-over-year, from 5.78% to 11.73%. To date, Eskom has spent R4.51 billion on diesel this financial year, generating 768.64 GWh of electricity. That’s more than double the 378.75 GWh generated during the same period last year. Eskom says diesel usage will likely drop as more power units come back online following long-term maintenance. But for now, it continues to burn fuel to keep the lights on while weighing long-term solutions, including Bitcoin mining and AI, to secure its financial survival. Global Bitcoin Mining Faces Growing Scrutiny Over Energy and Emissions As Eskom prepares a $22.7 billion debt relief plan to stabilize South Africa’s power utility, the global spotlight on energy use, particularly from Bitcoin mining, is intensifying. A 2024 peer-reviewed study in Nature Communications revealed that U.S. Bitcoin mining facilities emit harmful fine particulate matter (PM2.5) across state lines, affecting nearly 2 million people. The 34 largest mining sites consumed 32.3 TWh of electricity, 33% more than Los Angeles, mostly powered by fossil fuels. Pollution hotspots now stretch from New York to Texas, exposing regulatory gaps and health risks. This has reignited global scrutiny on crypto mining’s power demands. While a Cambridge report showed a positive trend —52.4% of Bitcoin mining now uses sustainable energy—natural gas has overtaken coal as the dominant source, showing uneven progress. Meanwhile, the U.S. sector faces new hurdles. Tariffs of up to 36% on imported mining machines , proposed under Trump’s trade policies, have sent shockwaves through the industry.

Author: CryptoNews
American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

American Express System Upgrade Prompts Ripple Adoption Speculation — XRP to Win Big?

American Express clients are facing delays in cross-border payments and wire transfers after the payments giant announced a sweeping system upgrade tied to a Federal Reserve update, sparking speculation that Ripple’s technology could soon play a role in Amex’s operations. Key Takeaways: Amex’s system upgrade has sparked speculation of Ripple integration. The timing of Amex’s massive Card refresh and new crypto rewards with Coinbase adds to XRP adoption rumors. Despite the buzz, XRP has seen only a slight price uptick. While American Express provided few technical details, the notice has reignited rumors of a deeper integration with Ripple, given the two firms’ history of working together on cross-border payment solutions. Crypto commentators, including Black Swan Capitalist’s Versan , have pointed to the timing of Amex’s modernization push and the company’s ongoing relationship with Ripple as possible hints of a deeper integration. American Express’ Biggest Card Overhaul Yet The speculation gained momentum as American Express unveiled its “largest investment ever in a Card refresh” this month. The overhaul includes updates to its US Consumer and Business Platinum Cards, aimed at enhancing rewards, spending flexibility, and services tailored to evolving customer needs. The announcement followed closely on the heels of Amex’s new partnership with Coinbase, which saw the launch of the Coinbase One Card offering up to 4% Bitcoin back on purchases along with exclusive American Express perks. Introducing the Coinbase One Card. Earn up to 4% bitcoin back on every purchase. Powered by @AmericanExpress network. Coming fall 2025. pic.twitter.com/XfGXIGuj42 — Coinbase 🛡️ (@coinbase) June 12, 2025 The convergence of developments, including a sweeping system upgrade, payment delays tied to the Fed’s updates, and a significant move into crypto rewards with Coinbase, has further intensified theories that Amex could be preparing to roll out Ripple’s XRP-powered solutions. Although American Express has not directly confirmed any Ripple involvement, blockchain advocates argue that Amex’s prior collaboration with Ripple makes it a natural candidate to integrate RippleNet’s fast, low-cost cross-border settlement technology. “Payment infrastructure is being modernized, and American Express is a known Ripple partner,” Versan wrote. 🚨 🚨 BREAKING NEWS: American Express system upgrade. American Express also a Ripple partner, what is cooking? 📃 🪙 💰 🇺🇸 #XRP #RLUSD #XRPETF 💎 💎 💎 💎 💎 💎 💎 💎 💎 💎 pic.twitter.com/U4kIJpEWvE — Kenny Nguyen (@mrnguyen007) July 1, 2025 Amid the speculation, Ripple’s token has posted just a modest 1% gain over the past 24 hours, with XRP changing hands at $2.20 at the time of writing. Ripple and SEC Seek to Resolve Long-Standing Case Last week, Garlinghouse announced the company is dropping its cross-appeal against the SEC. “Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” he said. The development came just a day after the US district court denied a joint request from Ripple and the SEC seeking an indicative ruling to reduce Ripple’s $125 million civil penalty and reverse the order labeling Ripple’s institutional XRP sales as securities transactions. Judge Analisa Torres wrote that Ripple’s willingness to “push the boundaries” of the prior summary judgment indicated a likelihood of further violations. Ripple’s chief legal officer Stuart Alderoty commented on the court’s decision, saying Ripple had two options: to drop its appeal or continue challenging the finding. Alderoty said that regardless of the path chosen, “XRP’s legal status as not a security remains unchanged,” claiming that Ripple’s operations would proceed normally.

Author: CryptoNews
Circle applies for a national trust bank charter to manage USDC reserves

Circle applies for a national trust bank charter to manage USDC reserves

Circle Internet Group the issuer of the USDC stablecoin, has formally applied for a national trust bank charter from the U.S. Office of the Comptroller of the Currency. The move was made public via a June 30 press release by…

Author: Crypto.news
Bitcoin demand drops despite Strategy's $530 million purchase and heavy inflows into BTC products

Bitcoin demand drops despite Strategy's $530 million purchase and heavy inflows into BTC products

Bitcoin (BTC) trades above $107,000 on Monday as its Apparent Demand metric turned negative, highlighting waning buying pressure amid an increase in miners' supply.

Author: Fxstreet
Clean Energy Blockchain Cloud Mining Opens the Dividend Era

Clean Energy Blockchain Cloud Mining Opens the Dividend Era

Against the backdrop of the 2025 G7 summit calling for increased green energy investment and the promotion of sustainable development of the digital economy, Blockchain Cloud Mining announced the launch of a global clean energy cloud mining expansion plan. The platform will create an environmentally friendly and efficient digital asset investment channel for global users through wind and solar data centers and AI scheduling systems. Global Expansion and Deployment of Clean Energy Computing Centers Blockchain Cloud Mining said that this global expansion is not only a technological upgrade, but also reflects its commitment to sustainable development. The global expansion will focus on covering regions with rich clean energy resources and clear policy support, such as Europe, North America, and the Middle East, to build data centers driven by wind and solar energy. Multi-currency mining and intelligent energy scheduling are achieved through AI systems to improve energy efficiency and reduce carbon emissions. It is expected to be deployed within 12 months, covering more than 20 countries, and accelerating the construction of a global green computing network. Create a Crypto Income Tool That Everyone Can Participate In Sunshine Mining makes mining as simple as opening an app. Whether you are a novice or have never been exposed to blockchain, you only need to select the contract after registration, and the platform will automatically allocate green computing power for you, and issue BTC, DOGE, XRP and other mainstream currency income every day. The platform does not require users to purchase mining machines or download any software. All processes are completed in the cloud, fully managed, and require zero technical knowledge. You can also recommend friends to get commission rewards and easily build your income network. Clean Energy Mining Benefits Automatically receive real cryptocurrency every day, automatically mine, without paying attention to the market or understanding blockchain technology. Support multi-language and multi-currency payment methods, global users can easily participate. Mining uses green energy such as wind power and solar energy, and mining is more environmentally friendly The contract content is open and transparent, the profit rules are clear, and the system automatically settles without any hidden fees. How to start using BlockchainCloudMining? Register an account to get a $12 novice bonus, starting from zero cost. Select the mining contract and the system will automatically start the green computing power. Check your income daily and support flexible management and withdrawal. BlockchainCloudMining provides a variety of contract options , all of which are automatically executed without configuration or maintenance. For more contract details, please visit the official website . BlockchainCloudMining is the world’s leading green cloud mining platform, providing safe, compliant, and zero-threshold cryptocurrency mining services. Headquartered in Manchester, UK, the platform has helped users from more than 190 countries to easily earn digital asset returns without any equipment or technical experience through AI computing power scheduling and renewable energy data centers.

Author: CryptoNews
Can retail investors buy SpaceX shares? A look at the three major private equity tokenization platforms

Can retail investors buy SpaceX shares? A look at the three major private equity tokenization platforms

Author: kkk, rhythm In addition to the stablecoin craze, equity tokenization is also becoming a new market narrative. On June 27, Web3 startup Jarsy announced the completion of a $5

Author: PANews
Ripple CEO Gets XRP Tattoo, Showing “1000%” Confidence in Token Future

Ripple CEO Gets XRP Tattoo, Showing “1000%” Confidence in Token Future

Brad Garlinghouse, the Harvard-educated CEO of Ripple Labs, has declared his unwavering belief in XRP by tattooing the token’s logo on his arm. Key Takeaways: Ripple CEO tattooed the XRP logo and key court date to show “1000%” confidence in the token’s future. Ripple and the SEC are moving to end their years-long legal battle. The court’s ruling left XRP’s retail sales untouched but confirmed institutional sales violated securities laws. On Sunday, the fintech chief responded to a popular crypto X account that pointed out the boldness of getting inked past 50, especially amid Ripple’s ongoing legal saga with the U.S. Securities and Exchange Commission (SEC). “When someone with a Harvard MBA gets a tattoo after 50 they have thought it through and know it’s only going to change in a good way,” the user wrote. The Ripple CEO responded , “1000%.” Garlinghouse Tattoos Key XRP Court Ruling Date Garlinghouse’s tattoo includes the XRP icon and July 13, 2023, the date when a court ruled Ripple’s XRP sales to institutional investors violated securities laws but cleared retail sales. The ruling marked a turning point in Ripple’s legal fight with the SEC, which sued the company in December 2020 for alleged securities violations. The Ripple CEO’s bold show of support comes as the company and SEC seek to resolve the case. Last week, Garlinghouse announced the company is dropping its cross-appeal against the SEC. “Ripple is dropping our cross-appeal, and the SEC is expected to drop their appeal, as they’ve previously said,” he said. 1000% — Brad Garlinghouse (@bgarlinghouse) June 28, 2025 The development comes just a day after the US district court denied a joint request from Ripple and the SEC seeking an indicative ruling to reduce Ripple’s $125 million civil penalty and reverse the order labeling Ripple’s institutional XRP sales as securities transactions. Judge Analisa Torres wrote that Ripple’s willingness to “push the boundaries” of the prior summary judgment indicated a likelihood of further violations. Ripple’s chief legal officer Stuart Alderoty commented on the court’s decision, saying Ripple had two options: to drop its appeal or continue challenging the finding. He emphasized that regardless of the path chosen, “XRP’s legal status as not a security remains unchanged,” reassuring investors that Ripple’s operations would proceed normally. While the court ruled that Ripple’s programmatic sales of XRP did not constitute securities transactions, it held that Ripple’s institutional sales did. XRP Ledger Rolls Out New Upgrade Amid Rising Interest As reported, RippleX, the development arm of Ripple, has rolled out version 2.5.0 of the XRP Ledger , introducing several protocol upgrades aimed at strengthening network functionality and security. RippleX engineer Mayukha Vadari has called the upgrade “possibly the best single lineup of amendments” ever released, introducing significant improvements to token management and transaction processing. The XLS-85 amendment upgrades the escrow system by allowing third-party issued tokens, including stablecoins, and introduces multi-purpose tokens designed for institutional applications. Another key change, XLS-56, enables wrapper transactions that can combine up to eight steps into a single action, aiming to lower failure rates in complex transaction flows and improve network efficiency for advanced use cases. The new update comes as the XRP Ledger has recorded a surge in user activity , with the number of daily active addresses climbing from an average of 35,000 to over 295,000.

Author: CryptoNews
Analysis: Bitcoin escapes June slump, positive feedback from US SEC rekindles optimism about pledge ETF approval

Analysis: Bitcoin escapes June slump, positive feedback from US SEC rekindles optimism about pledge ETF approval

PANews reported on June 30 that QCP Capital, a Singapore-based crypto investment firm, said that Bitcoin rose at the last minute in the early Asian session, shaking off the June

Author: PANews
QFSCOIN makes crypto mining simple as LTC surges after MimbleWimble

QFSCOIN makes crypto mining simple as LTC surges after MimbleWimble

Litecoin just got a major privacy boost with MimbleWimble, now QFSCOIN makes it easier than ever to mine LTC, BTC, and DOGE without hardware or hassle. #partnercontent

Author: Crypto.news
6 Reasons SPY Could Be One of the Most Used Tokens in the Next Bull Run: Presale Could End Soon

6 Reasons SPY Could Be One of the Most Used Tokens in the Next Bull Run: Presale Could End Soon

The next bull run is likely going to reward crypto projects with real utility, not just hype. Speculation can only go so far, but what matters most is whether a token does something useful. This utility is making SPY unique even from its presale. SPY is the native token of SpacePay, a platform that lets.. The post 6 Reasons SPY Could Be One of the Most Used Tokens in the Next Bull Run: Presale Could End Soon appeared first on 99Bitcoins .

Author: 99Bitcoins