FreedomOptions.io Offers Bitcoin & Ethereum Binary Options

FreedomOptions.io is pleased to announce the launch of their crypto binary options platform. Simple high or low predictions on crypto pairs and stock prices allow users to profit in BTC, ETH, and FDM. About FreedomOptions.io FreedomOptions.io is the newest crypto binary options platform that allows its users to place simple price movement predictions on crypto and stock prices. The platform utilizes real-time, accurate price and volume data from the CCCAGG and IEX Stock Market. Users can be paid out in BTC, ETH, and FDM. FreedomOptions.io is an accessible gateway for…

Who Do You Trust? A Survey of Best Exchange Options in 2019

It’s no secret to cryptocurrency experts that the industry had a rough year in 2018. But 2019 seems to have started off in a better direction. Bitcoin has exploded to over $8,000 and is showing strong support at those levels. With increased market awareness, many have been seeking which exchange is best for security, fees, and protection. The dangers of the cryptocurrency market are many, as the QuadrigaCX bankruptcy has aptly proven. And problems like the BitMEX deleveraging issue that occurred recently are, according to chainbits.com editor Afik Rechler, increasing…

BitMEX CEO Arthur Hayes Reveals Plans to Open Crypto Options Platform

Arthur Hayes, co-founder and CEO of major crypto derivatives exchange BitMEX, has revealed that the firm is hoping to open a cryptocurrency options platform in the medium term. Hayes made his remarks during an interview on the Venture Coinist podcast on April 12. Hayes — a former equities trader for Citigroup — indicated a rough timeline for the prospective launch, stating that: “We hope to possibly have our own options platform in maybe 12 to 18 months.” Hayes hinted at aspirations to innovate options listing, saying “we have somebody working…

Streaming Service Twitch Removes Crypto Payment Options, Reddit User Reports

Amazon-owned streaming service Twitch has evidently removed Bitcoin (BTC) and Bitcoin Cash (BCH) as payment options for subscriptions. The change was reported by a Reddit user on March 23. The user noted that Twitch had offered an option to pay with BTC and BCH employing BitPay as a payment processor, but has since “removed it in the last couple of weeks as a payment method for all countries.” One user, seemingly outraged, noted that they canceled all of their Twitch subscriptions and sent an assistance ticket to the company. On…

Crypto Exchange Aggregator Caspian to Offer Crypto Options and Futures Trading

Institutional crypto trading, portfolio and risk management platform Caspian announced that it has integrated its platform with cryptocurrency futures and options trading exchange Deribit. The news was revealed in a press release from Caspian published on March 20. Per the announcement, Deribit has been added to Caspian’s ecosystem of over 30 cryptocurrency exchanges and liquidity providers. The company also claims that the move renders it the first institutional platform to offer both options and futures trading in the crypto asset class. The post also notes that Caspian’s platform includes an…

New Blockchain ETF Co-Operator Elwood Plans Fresh Crypto Investment Options

United Kingdom-based asset management company Elwood Asset Management is looking to increase its cryptocurrency offerings after co-launching a blockchain exchange-traded fund (ETF), Bloomberg reported on March 12. Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with Invesco to bring a blockchain ETF to market this week. Now, the company told reporters that it is already eyeing what else it could offer institutional investors eager to gain exposure to the cryptocurrency arena. “The only way for institutions to get meaningful exposure to digital assets has been to…

Bitcoin Options Purchased For $1 Million Will Soon Become Obsolete

Last year in December 2017, just a few days after Bitcoin hit its peak, Ari Paul, a cryptocurrency fund manager at BlockTower Capital purchased Bitcoin Options with a strike price of $50,000 for almost $1 million on the Ledger X’s Trading platform. According to Crain’s Chicago Business’ article published on December 6, 2018, Bitcoin needs to increase its value by 1,400 percent for the Bitcoin contracts to have any value by its expiration date on December 28, 2018. Capturing Upside While Reducing Downside Risk During the purchasing of the bitcoin…

Bitcoin Price Prediction Gone Wrong: $1M Options Call To Be Purged

$50,000 Per Bitcoin (BTC) Forecast Goes Wrong Amid Bear Market One year ago, amid the peak of 2017’s monumental cryptocurrency bubble, in which everyone and their dog were incessantly discussing Bitcoin, BlockTower Capital, a juggernaut in the crypto investment realm, made a ludicrous bet on the future value of BTC. This, for those who aren’t in the loop, was the decision to create a $1 million options contract on LedgerX, a CFTC-regulated cryptocurrency platform, that would reportedly fork out $29 million to BlockTower if BTC hit $50,000 by 2018’s end. In other words, if…

Cryptocurrency Bear Market: Four Options – Choose Wisely

In the decade since the introduction of Bitcoin, it has been a rollercoaster of a ride for cryptocurrency investors – especially after the start of the bull run late in 2017. There have been thrills and spills, and more ups than downs across the 10 years. Certainly, those who were clever – or lucky – enough to invest in the early days will be very pleased with their yield. Much like a rollercoaster, following a steep ascent comes an exhilarating – sometimes scary – drop, and that has been the case for…

Options Are the Answer for Dealing with ‘Bearish’ Crypto Market, Trading Platform Says

A new blockchain asset trading platform says it is determined to help investors navigate the “bearish” cryptocurrency market – and says options could enable traders to protect and grow their assets. Options are a form of financial derivative where buyers have a right to buy or sell a financial asset at an agreed-upon price for a set amount of time. However, as part of these contracts, they are not obligated to complete a transaction. According to JEX, the platform which is bringing options trading to the cryptocurrency world, this method helps…