Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry -Breaking
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It was two or three weeks back whenBTCA trader who was betting $65,000 on Oct. 22 and assuming that ETH would be trading under $52,000 (or a lower price than? ) would have considered himself extremely optimistic. It is clear that the 98% of Bitcoin’s put (sell), options that expire on October 22 have been traded below that price.
The successful week continues fast. The launch of the BTC ETF (exchange-traded funds)The United States has received news from Digital Currency Group (DCG), which is the parent company for the Grayscale Bitcoin Trust. It increased the limit on how many it could acquire GBTC worth up to $1 BillionBitcoin’s price soared to all-time highs due to the sale of shares
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