This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (BITO) may have aided the cryptocurrency’s recent price surge to an all-time high, though the perception of bitcoin as an inflation hedge over gold is probably a bigger factor, a JPMorgan strategist wrote Thursday.
Coinbase (COIN) Has Recently Held Talks to Buy FTX Europe: Fortune
Derivatives, which are financial contracts that derive their value from an underlying asset such as bitcoin (BTC), can be lucrative...