Sentences with phrase «betting against cryptocurrencies»
In my honest opinion, I think that betting against cryptocurrencies is going to be a very bad idea.
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He adds: «As a rule of thumb, I never bet against cryptocurrencies.»
Despite bitcoin's slump and his prediction for further downside, Kelly says he would never consider betting against the cryptocurrency.
The sudden jump forced traders who had bet against the cryptocurrency to buy back into the market.
Right now, there's no good place for them to go to bet against the cryptocurrency market other than expensive futures markets like the CME and centralized exchanges.
There have been a number of high - profile figures and pundits who have questioned the validity of Bitcoin as a currency, and Bitcoin Futures will allow them to bet against this cryptocurrency.
Not exact matches
The brokerage also said clients will not be able to take short positions, or bet against bitcoin futures, «due to the extreme volatility of cryptocurrencies.»
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 head of a small company that has attracted controversy over its ties to cryptocurrency said that he is not going to sell his shares while he is fighting $ 1.4 billion in bets against the stock.
Swiss bank Vontobel said it will start trading Switzerland's first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions.
Investors who are trying to come in and bet against the large amount of gains procured by the cryptocurrency, bitcoin, may have reason to do so now.
The head of a small company that has attracted controversy over its ties to cryptocurrency said that he is not going to sell his shares while he is fighting $ 1.4 billion in bets against the stock.
Bitcoin's popularity could have also raised concerns from authorities that believe the cryptocurrency could «weaken the official control of the country's money supply,» because everyday investors have progressively bought into Bitcoin, betting against the yuan.
It is still the fourth biggest cryptocurrency by market cap, so maybe now isn't yet the time to bet against it.
However, the majority of the investors are not willing to bet against the rise of cryptocurrencies in the following months.
, the Winklevoss twins, the first confirmed bitcoin billionaires with the exception of bitcoin creator Satoshi Nakamoto, challenged skeptics and critics including JPMorgan CEO Jamie Dimon to bet against bitcoin by shorting the cryptocurrency if they are confident that the value of bitcoin will decline in the long - term.
As CCN previously reported, the Winklevoss twins, the first confirmed bitcoin billionaires with the exception of bitcoin creator Satoshi Nakamoto, challenged skeptics and critics including JPMorgan CEO Jamie Dimon to bet against bitcoin by shorting the cryptocurrency if they are confident that the value of bitcoin will decline in the long - term.
ProShares Bitcoin ETF and ProShares Short Bitcoin ETF would each hold Bitcoin futures contracts, providing retail investors with the ability to indirectly invest in the flagship cryptocurrency — or bet against it — through a familiar investment product.