Ether jumped 61% in the first six months of the year and now traders are betting the rally could extend in the second half. LedesmaLyllah and godbole17 report in First Mover Americas.
Ether, the token of the Ethereum blockchain, jumped 61% in the first six months of the year. Traders are now. On Friday, an investor purchased roughly 63,250"bull call spreads" tied to ether and due for expiry on Dec. 29, according to data source Amberdata. The trade involved the sale of a call option at the $2,500 strike price to partly fund the purchase of a call option at the $1,900 strike.
The U.S. Securities and Exchange Commission’s stance on spot bitcoin exchange traded funds is a difficult one to hold, and the probability for approval is fairly high, brokerage firm Bernstein said in a research
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