Sentences with phrase «bet on bitcoin»

Markets and Prices It takes a brave soul to bet it all on bitcoin.

NEW YORK (Reuters)-- The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.

The newest way to bet on bitcoin will be available later on Sunday when futures in the wildly fluctuating cryptocurrency start trading.

With Nasdaq expected to follow suit, investors will have plenty of options to bet on bitcoin using more traditional financial vehicles.

Investors continue to bet on Bitcoin's potential.

«My view is that there is going to be one cryptocurrency that will be the equivalent of go — So the one, all else being equal, that you should bet on is the biggest one — It's most likely you bet on bitcoin,» he said.

Many bitcoiners were sceptic about Ethereum: in late 2015, the most popular bet on the bitcoin wager contract platform BitBet was crudely formulated as «The ETH scam won't see 2016».

The traders can bet on bitcoin prices powered by this swap up to three months under the shield of built - in protections which will limit losses if the price of bitcoin sways above $ 15000 or below $ 5000.

The news puts Cantor Fitzgerald on the long list of traditional money forces putting a bet on bitcoin.

While being open to the possibility of other cryptocurrencies taking the crown due to better features down the road, Thiel remains bullish, saying, «Most likely you bet on Bitcoin.»

It shall enable investors to short - sell the cryptocurrency as well as bet on bitcoin.

The newest way to bet on Bitcoin has arrived, with the first Bitcoin future trades taking place in New York time on Sunday night, on CBOE Global Markets Inc's CBOE Futures Exchange.

Traders will be able to bet on bitcoin prices up to three months out.

It seems as if the company is betting on Tyson's image as the «Baddest Man on the Planet» to get others to roll the dice and bet on bitcoin.

However, some respected investors have pointed to the investment vehicle as a way to bet on bitcoin.

Finally, the price of Bitcoin Trust shares have become untethered to the price of bitcoin (it's basically broken as an investment vehicle) so a short bet is not exactly a bet on bitcoin itself.

The futures offered by Cboe Global Markets Inc., and similar contracts that start trading in a week at at another Chicago - based exchange, CME Group Inc., may open the door to greater inflows of institutional money, while also making it easier to bet on bitcoin's decline.

The company is also getting ready to launch contracts for difference, a financial product that allows investors to bet on bitcoin price swings.

This gives speculators a chance to make money by betting on Bitcoin's downfall.

IG Index, a UK - based company that offers spread betting on financial markets, has begun offering binary betting on the bitcoin market.

The snappily dressed former Facebook executive, who co-founded Social Capital in 2011, made early bets on Bitcoin, started a hedge fund, and raised $ 600 million to help startups go public through an unconventional vehicle known as a SPAC, or special purpose acquisition company.

«Interactive Brokers Group Inc. will offer customers access to Cboe's bitcoin futures, but only for so - called «long» traders betting on a bitcoin price increase, Chief Executive Thomas Peterffy said in an email.

Various speculators were betting on Bitcoins as their was 70 % chances that US SEC would approve the Bitcoin ETF's, which could lead to significant price rises and thus booking profits.

Marcelo Miranda is not the first ex-trader who is betting on bitcoin.

He might be betting on Bitcoin and blockchain because he genuinely believes the cryptocurrency market cap can skyrocket to $ 2.0 trillion.

Even hedge fund investors like Peter Thiel's Founders Fund made large bets on bitcoin, and the emergence of bitcoin futures has helped bring cryptocurrency trading into the mainstream financial world.

Mr Alex Sunnarborg, founding partner of cryptocurrency fund Tetras Capital, told CNBC last Friday that bitcoin investors were betting on bitcoin continuing to perform strongly despite the split, as happened in August when bitcoin underwent a fork and bitcoin cash was created.

The bulls will be betting on Bitcoin's upside to further push its prices up.

Investors swoop in, betting on Bitcoin, Ethereum, or one of the altcoins.

The list above shows that financial managers are betting on Bitcoin's success.

Not exact matches

The debut of the first futures contract on an established exchange was relatively orderly, in contrast to expectations of high volatility and traders short selling, or betting against, bitcoin.

IBM, Intel, J.P. Morgan and several other big banks are among those making a big bet on blockchain, the distributed transaction processing engine behind cryptocurrencies such as Bitcoin.

Even if doubts about their reputation makes bitcoin devotees cautious, the twins are betting on the rising price of the currency.

Didi Taihuttu, his wife, three kids and their cat bet all they have on bitcoin.

LONDON, April 12 - Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two - week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains.

The other is that customers can only leave margin positions open for a relatively short period of time — 27 days in the case of GDAX — which means those betting on a fall in bitcoin need it to tumble in short order, or else they will have to cover the price increase.

Those who are betting big on bitcoin's future get very optimistic, very quickly.

Online records from digital currency - trading platform LedgerX show roughly $ 1 million was spent on a bet that bitcoin will rise above $ 50,000 next year

Cameron Winklevoss said he views their investment in bitcoin as a gold 2.0 - play but also a bet on the technology: «The idea that payments are increasingly going to use a network like the bitcoin network to move money around the world.»

«We're not betting on the price of Bitcoin, we're betting on the adoption of blockchain technology,» Stephens says.

TD confirmed to CNBC on Monday morning that trading in the bitcoin futures, including the ability to short — or bet against — them, was available for some qualified clients.

Companies often hire celebrities to endorse their products because they invoke feelings of trust and familiarity on potential consumers, and Bitcoin Direct is betting that Tyson's face tattoo will do what Walter Cronkite's mustache did for CBS News.

«When you buy bitcoins, you are essentially betting on price appreciation alone as a way of making money on your investment.»

On December 19, 2017, E * TRADE became the latest online brokerage platform to offer support for CBOE's bitcoin futures, which allow traders to bet on price movements of the digital asseOn December 19, 2017, E * TRADE became the latest online brokerage platform to offer support for CBOE's bitcoin futures, which allow traders to bet on price movements of the digital asseon price movements of the digital asset.

The exchange, as well its cross-town rival CME Group, both received clearance from the US Commodity Futures Commission last week to launch bitcoin futures, which would allow investors to bet on the future price of the red - hot digital currency.

They can buy Bitcoin (or Bitcoin futures contracts wagering that the price will go up) and couple that with a short contract on Bitcoin, or a bet that the price will go down.

Cash - settled bitcoin futures allow traders and institutions to place bets on whether the price of bitcoin will rise or fall — without holding bitcoin itself.

Interest in the surging bitcoin and opening of futures trading continued to fuel bets on cryptocurrency - related stocks, many of which have risen exponentially in value in the past three months.

But the futures contract will also allow investors to short Bitcoin, or bet on the price's going down, which has been hard to do until now.

When you invest in Bitcoin (or gold, or the price of oil, or other commodities, or any other currency, or fine art), you are betting the farm on price appreciation alone.