Bitcoin News Roundup for Sept. 14, 2020
As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Bitcoin Options
$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.
As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.
Back in October, one trader made a long-shot bet that bitcoin would hit $36,000 by January. It paid off in a spectacular way.
At press time, bitcoin was seeing a 6% probability of bitcoin trading above the historical 2017 all-time high of $20,000 by the end of December.
Hxro and FTX have partnered to make options trading more accessible for retail traders.
Bitcoin Options
