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Palestine Emerging coalition of Palestinian private sector leaders unveils transformative Healthcare Plan for West Bank and Gaza to address 40% of public deficit
Business, civil society and policymaker coalition proposes beacon of hope healthcare roadmap to stimulate and sustain post-conflict recovery and double GDP by 2050
- Coalition of 100 Palestinian and international leaders provides long-term strategy and stress-tested blueprint for health in Palestine.
- Blueprint identifies nine game-changing catalysts for improved health outcomes, public deficit reduction and reconstruction in West Bank and post-conflict Gaza.
- Aggregated data of health demand, supply and finance evolution informed by bespoke healthcare survey by Palestinian Center for Policy and Survey Research.
- Majority of respondents (58.6%) favour compulsory health insurance, to inject $633m into poorly-funded current system through hybrid model by 2030.
- Urgent call for blended finance models and enabling policy and investment environments with $1.58 billion healthcare investment projected by 2050 across West Bank and Gaza.
WASHINGTON, Dec. 10, 2024 /PRNewswire/ — With backing from UN officials, the World Bank, WHO and Harvard Medical School, a coalition of over 100 leaders and experts from Palestinian business and civil society, international organisations and funding bodies today launched a data-driven healthcare blueprint for the West Bank and Gaza to have a sustainable, standalone health system.
As war continues, Healthcare Partnership & Transformation is a detailed and stress-tested plan for saving the Palestinian healthcare system which is overcome with debt, demand, and division. Led by Palestine Emerging, delivery of the plan is set to include Anera, the World Bank, the World Health Organisation, Gaza WASH Cluster members and a number of Palestinian private sector players from health and adjacent industries and private hospital networks.
The work is informed by a bespoke survey conducted for Palestine Emerging’s Healthcare Partnership and Transformation by Dr Khalil Shikaki of the Palestinian Center for Policy and Survey Research (PSR). This highlighted the health inequalities between different regions of the West Bank and for women. Palestinians surveyed said they are willing to pay for better quality care, with the detailed results helping underpin plans to roll out more health insurance products, which could inject $633m into the healthcare system.
This is despite nearly half of the Palestinian population being unemployed or working in the informal economy. As one response, the blueprint includes hybrid health-insurance models that could increase collections tenfold to 1 billion ILS by 2030, reducing share of government contributions. Government public health expenditure is currently estimated at 40% of public debt.
Healthcare Partnership and Transformation is based on aggregated data of health demand, supply and finance evolution and is designed to be delivered by identified counterparties in current conditions, even as the devastation in Gaza and violence in the West Bank continues.
The plans lay out a number of stress-tested catalysts and pilots to accelerate existing transformation efforts that will positively impact Palestine and the region, including:
- Unified Electronic Medical Records
Integrating EMR systems for public-private unified patient data sharing. - Insurance Model
Implementation of hybrid insurance model with universal basic package. - Mobile Units for Critical Healthcare
Deploying mobile units in Gaza and underserved areas. - Medical Corridor for Essential Supplies
A short-term West Bank–Gaza route for essential supplies and patient transfers. - Training and Accreditation
Standardizing healthcare training, protocols, and accreditation across Palestine. - Shift to Concession Model
Attract sustainable private healthcare investments, also with Public-Private Partnerships. - Telehealth Platform
Providing remote consultations and diagnostics via mobile and web platforms.
The full blueprint, as well as references, survey results and accompanying literature and data can be accessed at: https://palestine-emerging.org/
Shireen Shelleh, Palestine Emerging Executive Director, said, “Health is not only a vital service for sustaining life but also a fundamental economic pillar that influences countless aspects of society. This exceptional initiative leverages a global network of supporters to provide valuable insights on enhancing quality and accessibility, particularly in the challenging conditions faced in Palestine.”
Dr C. Ross Anthony, Former Director of Global Health and Director Israeli-Palestinian Initiative, RAND Corporation, said, “This is a hugely impressive blueprint, and I was honoured to contribute to this research. The level of destruction in Gaza in particular means that reconstruction of the healthcare sector is a mammoth undertaking with costs that are likely to greatly exceed forecasts to date. Gaza will need the support of governments, international organizations, and the private sector.”
Sigrid Kaag, the UN’s Senior Humanitarian and Reconstruction Coordinator for Gaza and former Netherlands Deputy Prime Minister, said, “Palestine Emerging presents a robust economic strategy. This comprehensive breakdown of healthcare plans represents a genuine effort to tackle deeply entrenched challenges within a devastating landscape. Achieving success will require breaking down silos and overcoming barriers to drive meaningful progress.”
Dr Salmaan Keshavjee, Director, Center for Global Health Delivery and Professor of Global Health and Social Medicine at Harvard Medical School, said, “The scale and urgency of healthcare needs in Gaza is monumentally unimaginable. This work is based on solutions that already exist, that have been used successfully in a number of settings, and can immediately save lives and reduce suffering.”
Dr Mohammad Abu Zaineh, Palestinian founder of the AHEAD Research Network and INSERM-AMU Chair of Excellence in Health Economics and Policy at Aix-Marseille School of Economics, said, “The private sector and its capabilities are leading this collaborative solution, and hats off to the use of evidence, data and modelling to come to some remarkable conclusions and shape them into actionable plans. The Palestinian health future needs this to be delivered.”
Dr Shawna Novak, Executive Director of the Canada International Scientific Exchange Program (CISEPO), said, “This blueprint is a step forward advancing healthcare in Palestine, emphasizing collaboration, inclusivity and shared goals. It brings together expertise from the West Bank and Gaza, local and international partners, and diverse sectors, offering a forward-looking preliminary framework that aligns with broader regional aspirations for stability, development and well-being. It shows cooperation and shared responsibility make meaningful progress possible. This is not an endpoint but a good foundation for sustained partnership and impact.”
Baron Frankal, CEO of The Portland Trust and former NED Board Director of two UK NHS Trusts, said, “The systemic solutions outlined here, most notably the shift towards health insurance, are not orthodox and may not be popular – but they might just work. These are the sorts of practical solutions that need to be out there on the table, facing reality as it is not as we may want it to be.”
ABOUT PALESTINE EMERGING
The 100-strong coalition of Palestinian business leaders and civil society provides an economic blueprint for long-term sustainable growth in the West Bank and Gaza. Their plans build on published sources, updated, reviewed, and combined. The Healthcare Partnership and Transformation is a detailed and stress-tested plan to create a sustainable Palestinian healthcare system based on nine catalysts to transform the local healthcare landscape. https://palestine-emerging.org/ contains all details of the economic blueprint and healthcare plan, references and the main publications used.
Fintech PR
Payroll Service Market Anticipates Strong Growth Amid Rising Automation Demand
MIAMI, Jan. 5, 2025 /PRNewswire/ — The cloud-based payroll software market is set for continued growth, with projections showing a significant increase in market value over the next few years. This trend reflects a growing reliance on automated systems to manage payroll processes, boosting efficiency and reducing manual errors.
The payroll service industry is evolving rapidly, driven by advancements in technology and shifting workforce dynamics. As 2025 begins, businesses are turning to payroll processing service providers more than ever to streamline operations, reduce costs, and ensure compliance in an increasingly complex regulatory environment.
Technological Advancements in Payroll Solutions
Payroll solutions are entering a new era, driven by cutting-edge technologies like cloud computing, artificial intelligence (AI), and machine learning. These advancements are transforming payroll management, enabling real-time data access, automating complex tasks, and minimizing errors. From precise tax calculations to seamless benefits administration and accurate employee compensation, modern payroll systems are tackling challenges with unparalleled efficiency. As businesses increasingly embrace these innovations, the role of technology in redefining payroll services continues to make headlines, highlighting its impact on streamlining operations and ensuring compliance.
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“Our clients are benefiting from faster processing times, automated compliance updates, and an overall reduction in manual work,” said Ajay Mehta, CEO of IBN Technologies. “The role of technology in payroll management cannot be overstated, and it’s helping businesses focus on growth rather than administrative tasks.”
Adapting to a Changing Workforce
Most of the top companies embrace remote, hybrid, and gig economy workforces, manage payroll processing to accommodate diverse employment models. This includes handling multi-state and international payroll, managing freelancers, and ensuring compliance with varying tax laws.
“Businesses are increasingly hiring remote workers and freelancers, making it more critical than ever for payroll service providers to ensure that they are compliant with complex regulations,” said Ajay Mehta, CEO of IBN Technologies. “Our clients can rely on us to navigate these challenges and provide seamless payroll experiences.”
Why Automation is the Future of Payroll
As 2025 unfolds, payroll services are undergoing a transformative shift, driven by automation, cloud technology, and AI. Cloud-based platforms are offering businesses unparalleled flexibility, while automation streamlines processes, reduces errors, and enhances accuracy. Integration with HR and financial systems simplifies operations, and self-service portals empower employees with greater transparency and control. Meanwhile, advanced solutions are tackling the complexities of global compliance, ensuring businesses meet international regulations. Together, these innovations are revolutionizing payroll, creating a more efficient, secure, and employee-focused experience for the modern workforce.
Modern Payroll Management
Companies like IBN Technologies is at the forefront of driving innovation and efficiency in modern business operations. By leveraging advanced technologies like automation, AI, and seamless integrations, they empower enterprises to streamline processes, enhance accuracy, and meet the demands of a dynamic global market. Focused on delivering customized solutions, IBN is transforming traditional workflows into agile, efficient systems, setting new benchmarks in operational excellence.
About IBN Technologies
IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Contact Details:
Pradip
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+1 – 844 – 644 – 8440
USA: IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130
India: Global Delivery Centre
IBN Technologies Limited
Kohinoor House, 2nd floor,
691/A/1B, Plot no. 7,
Bibwewadi Road, Pune-411037
Description- Payroll services transform with AI, cloud tech, and automation, enhancing efficiency, accuracy, and compliance.
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Fintech PR
Artificial Intelligence (AI) in Trading Market to Reach USD 35 Billion by 2030, Growing at a 10% CAGR | Valuates Reports
BANGALORE, India, Jan. 3, 2025 /PRNewswire/ — AI in Trading Market is Segmented by Type (Software, Services), by Application (Automotive, IT & Telecommunication, Transportation & Logistics, Energy & Utilities, Healthcare, Retail, Manufacturing).
The Global Artificial Intelligence in Trading Market was valued at USD 18 Billion in 2023 and is anticipated to reach USD 35 Billion by 2030, witnessing a CAGR of 10% during the forecast period 2024-2030.
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Major Factors Driving the Growth of Artificial Intelligence (AI) in Trading Market:
The Artificial Intelligence in Trading market is on a robust growth trajectory, driven by the increasing adoption of AI technologies to enhance trading performance and operational efficiency. The integration of machine learning algorithms, predictive analytics, and automated trading systems is transforming the landscape of financial trading, enabling more informed and strategic decision-making. The rising complexity and volatility of financial markets necessitate advanced AI-driven solutions that can analyze vast amounts of data, identify market trends, and execute trades with precision and speed. Additionally, the continuous advancements in AI and machine learning technologies are expanding the capabilities and applications of AI in trading, making these solutions more accessible and effective for a broader range of traders and financial institutions. The growing emphasis on data-driven trading strategies, coupled with the need for competitive advantage and risk management, propels the demand for AI-driven trading technologies. As financial markets continue to evolve and embrace digital transformation, the Artificial Intelligence in Trading market is poised to achieve significant growth, driven by innovation, investment, and the increasing reliance on technology-driven trading solutions.
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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL AI IN TRADING MARKET:
Software solutions are instrumental in driving the growth of the Artificial Intelligence in Trading market by enhancing the efficiency, accuracy, and speed of trading operations. Advanced trading software incorporates machine learning algorithms, predictive analytics, and real-time data processing capabilities, enabling traders to make informed decisions based on comprehensive market insights. These software platforms facilitate automated trading strategies, allowing for the execution of trades at optimal times without human intervention, thereby reducing latency and increasing profitability. Additionally, sophisticated risk management tools integrated into trading software help in identifying and mitigating potential risks, ensuring more stable and secure trading environments. The continuous evolution of trading software, with the integration of AI-driven features such as sentiment analysis and anomaly detection, further propels market growth by offering traders innovative tools to navigate complex financial markets. The increasing reliance on technology-driven trading solutions underscores the critical role of software in expanding the Artificial Intelligence in Trading market.
Services play a pivotal role in driving the growth of the Artificial Intelligence in Trading market by providing essential support and expertise required to implement and optimize AI-driven trading strategies. These services include consulting, system integration, data management, and ongoing technical support, which are crucial for financial institutions and traders looking to leverage AI technologies effectively. Professional services help organizations navigate the complexities of AI adoption, ensuring that AI models are accurately tailored to specific trading needs and market conditions. Additionally, managed services offer continuous monitoring and maintenance of AI systems, ensuring their optimal performance and adaptability to evolving market dynamics. Training and education services further enhance the capabilities of trading teams, equipping them with the necessary skills to utilize AI tools effectively. The comprehensive range of services provided by specialized firms enables seamless integration of AI technologies into trading operations, thereby accelerating the adoption and expansion of the Artificial Intelligence in Trading market.
Financial services are a major catalyst in the growth of the Artificial Intelligence in Trading market, as they are at the forefront of adopting AI technologies to gain a competitive edge in the financial markets. Investment banks, hedge funds, asset management firms, and proprietary trading firms increasingly utilize AI-driven trading systems to enhance their trading strategies, improve decision-making processes, and optimize portfolio management. The ability of AI to analyze vast amounts of financial data, identify market trends, and execute trades at high speeds enables financial services firms to achieve higher returns and manage risks more effectively. Additionally, the integration of AI in areas such as algorithmic trading, fraud detection, and customer service enhances operational efficiency and service quality within financial institutions. The growing recognition of AI’s potential to transform trading practices and deliver superior financial performance drives the continuous investment and expansion of AI technologies in the financial services sector, thereby propelling the growth of the Artificial Intelligence in Trading market.
The increasing demand for high-speed trading is a significant factor driving the Artificial Intelligence in Trading market. In today’s fast-paced financial markets, the ability to execute trades within milliseconds can provide a substantial competitive advantage. AI-driven trading systems are designed to process large volumes of data and execute trades at speeds that far surpass human capabilities, enabling traders to capitalize on fleeting market opportunities. The rise of high-frequency trading (HFT) strategies, which rely on rapid data analysis and automated execution, underscores the need for advanced AI technologies that can deliver the required speed and precision. The growing complexity and volatility of financial markets further amplify the demand for high-speed trading solutions, as traders seek to navigate rapid price fluctuations and capitalize on minute market movements. The continuous advancement of AI technologies to enhance trading speed and efficiency drives the expansion of the Artificial Intelligence in Trading market.
The availability and integration of vast amounts of financial data are crucial drivers of the Artificial Intelligence in Trading market. The proliferation of data sources, including market feeds, news articles, social media, and economic indicators, provides a rich foundation for AI algorithms to analyze and derive actionable insights. Effective integration of diverse data sets allows AI systems to develop more accurate predictive models and trading strategies, enhancing their ability to anticipate market movements and make informed trading decisions. Additionally, the advancement of big data technologies and data processing frameworks facilitates the seamless ingestion, storage, and analysis of large-scale financial data, enabling AI-driven trading systems to operate more efficiently and effectively. The increasing emphasis on data-driven decision-making in trading practices underscores the importance of robust data integration capabilities, thereby fueling the growth of the Artificial Intelligence in Trading market.
Effective risk management and mitigation are critical factors driving the Artificial Intelligence in Trading market. AI-driven trading systems offer advanced risk assessment and management capabilities that help traders and financial institutions identify, evaluate, and mitigate potential risks in real-time. Machine learning algorithms can analyze historical and real-time data to detect abnormal trading patterns, predict market downturns, and optimize portfolio allocations to minimize exposure to adverse market conditions. Additionally, AI technologies enable the development of sophisticated hedging strategies and automated stop-loss mechanisms, enhancing the ability to manage financial risks proactively. The ability to quickly adapt to changing market dynamics and implement risk mitigation measures is essential for maintaining financial stability and achieving sustainable trading performance. As the complexity and interconnectedness of financial markets increase, the demand for robust AI-driven risk management solutions intensifies, thereby fueling the growth of the Artificial Intelligence in Trading market.
Achieving a competitive advantage is a significant driver in the growth of the Artificial Intelligence in Trading market. Financial institutions and traders seek to leverage AI technologies to gain an edge over competitors by enhancing the speed, accuracy, and efficiency of their trading operations. AI-driven trading systems enable the development of proprietary trading strategies, optimize trade execution, and improve the ability to anticipate market movements, thereby increasing profitability and market share. The ability to process and analyze vast amounts of data in real-time allows traders to make informed decisions faster than competitors relying on traditional trading methods. Additionally, AI technologies facilitate the customization of trading strategies to align with specific investment goals and risk profiles, further differentiating traders in the competitive financial landscape. The pursuit of superior performance and the need to stay ahead in the highly competitive trading environment drive the adoption and investment in AI-driven trading solutions, thereby propelling the growth of the Artificial Intelligence in Trading market.
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AI IN TRADING MARKET SHARE
China and the United States are two leaders in the AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both hold 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China’s core artificial intelligence industry reached ¥508 Billion in 2022, a year-on-year increase of 18%.
The Artificial Intelligence in Trading market exhibits significant regional variations, influenced by factors such as financial market maturity, technological infrastructure, and regulatory environments. North America leads the market, driven by the presence of major financial hubs like New York and Silicon Valley, advanced technological infrastructure, and a high concentration of fintech startups specializing in AI-driven trading solutions.
Key Companies:
- IBM Corporation
- Trading Technologies International, Inc
- GreenKey Technologies, LLC
- Trade Ideas, LLC
- Imperative Execution Inc
- Looking Glass Investments LLC
- Aitrades
- Kavout
- Auquan
- WOA
- Techtrader
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Fintech PR
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
DUBAI, UAE, Jan. 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report in collaboration with Block Scholes. The report sheds light on key trends in open interest and market behavior during the significant year-end options expiration for Bitcoin (BTC) and Ethereum (ETH).
Key highlights:
Open Interest Solid Amid Year-End Options Expiration
Although open interest in BTC and ETH perpetual swaps has not returned to the early December 2024 highs, it remained stable during the critical year-end options expiration. This stability suggests that traders did not heavily rely on perpetual contracts to hedge the delta of expiring options, which contributed to the muted volatility observed during this period. Trading volumes dipped during the winter holiday season, aligning with a collapse in realized volatility, which reached its lowest levels of December.
BTC Option Curve Remains Steep During Call-Put Parity
Contrary to expectations, the expiration of December’s options did not spark a surge in volatility. Instead, realized volatility declined to the lower end of its recent range. The implied volatility term structure for BTC options remains steep, with longer-dated implied volatility hovering around 57% and 1-week at-the-money options trading approximately five points lower. Most of the expired open interest has not been reinvested, maintaining a neutral call-put balance. As a result, BTC’s options market shows limited leverage compared to its position at the beginning of December 2024, reflecting a cautious sentiment.
Huge ETH Option Expiring Doesn’t Cause Volatility
Despite the substantial expiration of ETH options in late December 2024, market dynamics remained stable. A spike in realized volatility during December failed to extend into the new year, with ETH’s spot price currently showing lower volatility compared to short-tenor implied volatility. Over the past week, the implied volatility term structure for ETH options has shifted, steepening briefly before flattening again, diverging from BTC’s consistently steep profile. This pattern suggests that ETH’s options market is bracing for potential short-term volatility in spot price movements.
Interestingly, despite the expiration, call options for ETH have gained momentum at the start of 2025, dominating the market and indicating an optimistic outlook among traders.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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