The future of Bitcoin is anything but certain. For a number of investors, however, the future is now. More than 100,000 BTC options contracts are set to expire at the end of June.
The staggering number compared with previous months is the result of an explosion in open interest in Bitcoin options. Open interest refers to contracts to buy or sell Bitcoin at fixed prices on future dates.
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Jon Buck
With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.
With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.
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