The site acquisition gives Bitcoin miner Cipher a foothold in the largest US 
wholesale power market as miners broaden their infrastructure strategies.

Cipher enters US wholesale power market with Ohio data center acquisition

The Bitcoin price could experience major swings this Friday as billions of 
dollars in options are set to expire. A crypto market expert has warned that 
the scale of this event could trigger “something big,” potentially affecting 
both volatility and the actions of retail and institutional investors. Bitcoin 
Price Braces For Major Moves This Friday On Monday, crypto analyst NoLimit 
signaled that this upcoming Friday could be a historic moment for Bitcoin. 
According to the expert, over $23.6 billion worth of Bitcoin options are 
scheduled to expire on December 26, marking the largest options expiry the 
market has ever seen. The analyst has stated that anyone with crypto holdings 
should pay close attention. Related Reading: The Bitcoin Bull And Bear Cases 
That Crypto Traders Should Know About NoLimit explained that an options expiry 
involves leveraged bets on Bitcoin’s price. He stated that calls are wagers 
that the price will rise, while puts predict it will fall. The analyst also 
emphasized that when these options expire, they either become worthless or 
force buying and selling in the spot market to hedge the positions. He also 
highlighted that with $23.6 billion in options expiring in a single day, a 
massive amount of risk will be removed from dealer books all at once. 
According to the analysis, this risk offloading is a key driver of market 
volatility, as the magnitude of the expiry is unprecedented. Looking at the 
data, previous year-end expiries were significantly smaller. In 2021, the 
options expiry was around $6 billion, followed by $2.4 billion in 2022. It 
climbed to $11 billion in 2023 and reached $19.8 billion in 2024. NoLimit has 
suggested that this year&#8217;s jump to $23.6 billion represents a significant 
shift in market dynamics. The analyst pointed out that retail investors no 
longer dominate the market. He stated that institutional-sized risk is now 
being repriced in real time, and this Friday could trigger significant price 
movements. NoLimit also suggested that the scale and timing of the expiry make 
it a critical event for traders and investors in the market. Analyst Reveals 
Why This Friday Truly Matters In his analysis, NoLimit outlined the specific 
reasons why this Friday truly matters as Bitcoin’s $23.6 billion options 
prepare to expire. He explained that dealers are heavily hedged around key 
strikes, and once expiry hits, those hedges are removed. As a result, the 
shift can trigger sharp moves for Bitcoin in either direction. Related 
Reading: Don’t Expect A Fast Bitcoin Move – Here’s How Long The Last Leg Could 
Take The analyst noted that current market conditions could further amplify 
the impact. According to his analysis, Bitcoin’s liquidity is extremely low 
during the holiday week, and less volume typically means each order has more 
influence. As a result, the expert stated that a violent price move could 
occur even without major news. NoLimit also noted that much of Bitcoin’s Open 
Interest is concentrated near the major psychological levels. Once the expiry 
passes, this open interest disappears entirely. He explained that this is why 
markets often experience sideways trading leading into expiry, followed by a 
clear directional move shortly afterward. The analyst added that volatility is 
the key setup this week. He says the crucial moment to watch is the Bitcoin 
price after the expiry, not before. Featured image from Pixabay, chart from 
Tradingview.com

Why This Friday Could Be Very Big For The Bitcoin Price

Crypto market maker DWF Labs settled its first physical gold trade, signaling 
a rare move into legacy commodities amid surging bullion prices.

DWF Labs’ physical gold trade signals crypto capital’s move into commodities

Silver breaks above $71 after a 138% rally in 2025, lifting its market cap 
near $4 trillion as investors seek hedges.
The post Silver hits record high above $71 as market cap approaches $4 
trillion appeared first on Crypto Briefing.

Silver hits record high above $71 as market cap approaches $4 trillion

Alphabet Inc. has agreed to acquire clean energy developer Intersect Power LLC 
for $4.75 billion in cash, plus existing debt, as the Google parent races to 
secure reliable electricity for its rapidly expanding artificial intelligence 
(AI) data center empire, Bloomberg reported. Alphabet Snaps up Intersect Power 
as AI Data Centers Strain U.S. Grids The deal […]

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