A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges | Crypto Craft

  • A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges

    From markets.businessinsider.com

    A record $3.7 billion worth of Bitcoin options are set to expire on January 29, as speculation ramps up following the recent volatility in the cryptocurrency's price and growth in interest in its derivatives. On Monday morning, open options contracts were worth around 245,700 Bitcoin - or roughly $9.1 billion - according to cryptocurrency data analytics website bybt.com. Bitcoin options are contracts that give investors the right, but not the obligation, to buy or sell the cryptocurrency at a specified price within a set time period. They give investors the chance to make money by betting on which way the price will ... (full story)

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Not-KPMG
Jan 18, 2021 2:51pm
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Options, futures are scam





Here's our INTELLIGENT thread.
On Bitcoin and others.


https://www.cryptocraft.com/thread/649649-the-rise-of-crypto-bitcoin-ltc-ether

Please vote on first page


Check all over the thread.


First post - Bitcoin was 967 dollars
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Not-KPMG
Jan 18, 2021 2:49pm
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So expect massive drop 26-28th.



Not-KPMG yawns
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