Crypto Today: Investor makes derivatives bet that bitcoin will hit $50000 in 2018
Ari Paul, the CIO at Blocktower Capital, told CNBC on Tuesday that he made a wager that bitcoin's value will hit $50,000 at some point next year. He purchased options on LedgerX that will give him the right but not the obligation to purchase bitcoins at that lofty price, which could be significant if the ...
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