LedgerX Announces First Long-term Bitcoin Option at a Strike Price at $10,000
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We could already say that derivatives related to Bitcoin will likely be available as soon as this fall as the US Commodity Futures Trading Commission CFTC gave approval to LedgerX, a cryptocurrency trading platform operator, to work as a federally-regulated exchange and clearing house for derivatives contracts settling in digital currencies.
In effect, the New York-based company plans to offer one to six month bitcoin-to-dollars options contracts in late September to early October, LedgerX Chief Executive Officer Paul Chou said in a telephone interview. The bank said in its sweeping report that a major obstacle for Bitcoin is whether major financial institutions will accept the digital currency as collateral. He laid out three main criteria that Bitcoin must meet in order to become a reserve currency of the world: Risk gauged by the 3M-rolling annualized standard ledgerx bitcoin options prices suggests Bitcoin remains risky compared with gold or silver, risk has worn off ledgerx bitcoin options prices some extent though.
Ledgerx bitcoin options prices regard to liquidity, reflected by the amount ledgerx bitcoin options prices trading, is still far greater in stocks, fixed income and traditional currencies.
But "it is hard to ignore that trading volumes for major digital currencies like bitcoin and Ethereum ETHUSD have skyrocketed in recent years," Blanch said.
Last but not least, return has soared of late as Bitcoin has more than doubled its value since the beginning of the year, while its major rival Ethereum has surged several thousand percent. Bitcoin has failed to break out of its record peak which has been marked so far. This article is provided for general information purposes only. Any opinions, analyses, prices or other content is provided for educational ledgerx bitcoin options prices and does not constitute investment advice or a recommendation.
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