Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit.
Powered by WPeMatico
Category: hedge
Auto Added by WPeMatico
Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation.
Powered by WPeMatico
Here’s how traders use call options to increase their Bitcoin holdings
Learn how pro traders use covered call strategies as a low-risk method to increase their Bitcoin holdings.
Powered by WPeMatico
Billionaire Carl Icahn says he may drop up to $1.5B into crypto
Billionaire Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.”
Powered by WPeMatico
George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as Hedge Against Currency Debasement George Ball talked about bitcoin and other cryptocurrencies in an interview with […]Powered by WPeMatico
Defi on Bitcoin Cash Gets a Boost- Smart Money Startup General Protocols Raises $3 Million from Investors
On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network. ‘The Untapped Power Behind the Concept of […]Powered by WPeMatico
Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash
On December 30, the decentralized finance (defi) platform Detoken and the firm General Protocols announced the launch of Anyhedge, the first public defi product built on the Bitcoin Cash network. Detoken users will be able to hedge or long their bitcoin cash and earn a funding premium while holding their keys in a noncustodial fashion. […]
The post Blockchain Projects Detoken and Anyhedge Launch Bringing Defi to Bitcoin Cash appeared first on Bitcoin News.
Powered by WPeMatico
‘No debate’ that Bitcoin will increase 20X says gold industry insider
Dan Tapiero told Anthony Pompliano that $15 trillion in institutional capital could flow into Bitcoin, pushing prices as high as $500,000.
Powered by WPeMatico
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token […]
The post Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency appeared first on Bitcoin News.
Powered by WPeMatico
Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’
Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well, and he believes the […]
The post Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’ appeared first on Bitcoin News.
Powered by WPeMatico