Categories: Bitcoin Latest News

Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K

The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin Price Holds Firm—Is a Fresh Bullish Wave About to Start?

Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon…

8 minutes ago

Bitcoin Whales Refuse to Sell: Historic Signal Emerges As Binance CDD Drops To 2017 Levels

Bitcoin has retraced below the $91,000 level following the Federal Reserve’s decision to cut interest…

8 minutes ago

Bitcoin Rebounds to $93K From Post-Fed Lows, but Altcoins Remain Under Pressure

Downward pressure on bitcoin is losing steam, with the market stabilizing but not yet out…

6 hours ago

Bitcoin Is Neither In A Bull Nor Bear Market: Expert Explains The Setup

Bitcoin is trading in a world where headlines still scream “bull” or “bear” while the…

6 hours ago

Analyst Predicts XRP Price Will Rise To $14 By Frontrunning Bitcoin By Over 600%

Crypto analyst Javon Marks has provided a bullish outlook for the XRP price, predicting that…

9 hours ago

Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts

Bitcoin Magazine Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts The bitcoin price fell…

10 hours ago