Bitcoin Garden: First Long-Term Bitcoin Option Price of $10,000 Launched by LedgerX
https://bitcoingarden.org/first-long-term-bitcoin-option-price-10000-launched-ledgerx/Federally regulated exchange and clearinghouse LedgerX, has recently announced the first long-term Bitcoin option at $10000.
Bitcoin prices have been growing by leaps and bounds over the course of the last month, reaching all-time records of $8100 per BTC. A multitude of factors has contributed to the rise in prices, adding volatility and risks.
The introduction of Bitcoin Futures Contracts by the CME group was one of the critical factors leading to the colossal growth. The contracts are set to launch in mid-December. The involvement of one of the world’s leading derivate marketplaces has raised confidence levels within the investor community to new heights.
Apart from CME Group, other Wall Street financial giants have expressed faith in the future of Bitcoin and its exchange rate. As such, LedgerX has initiated the first long-term Bitcoin futures option at $10000. In addition, other prominent crypto market players such as DeHedge, the cryptocurrency securitization provider, have joined the surge, offering market players critical instruments necessary for insuring their investments...