CME Will Launch Bitcoin Options in Early 2020

The CME Group, which launched bitcoin futures trading in December 2017, is gearing up to launch bitcoin options in early 2020 according to a statement released by the exchange yesterday. This makes it the world’s first major trading venue to introduce options trading in bitcoin. Other places to trade bitcoin options are located outside the United States. For example, Deribit, a major player in bitcoin … Continue reading CME Will Launch Bitcoin Options in Early 2020

Crypto Options Traders Target $50,000 Bitcoin Price For Next Year

Will bitcoin price cross $50,000 in the next year? Some bullish investors seem to think so and have purchased options to back up their claim. According to a WSJ report, an unidentified investor has bought 30 options worth approximately $4,500 expiring in June 2020. The options have a strike price of $50,000. In simple words, this means that the investor is betting that the price … Continue reading Crypto Options Traders Target $50,000 Bitcoin Price For Next Year