Main page News, Fintech, Michael Novogratz, Crypto Market, Institutional Investors, Cryptocurrency
Hot topic
June 21, 2019

Michael Novogratz's crypto-focused Galaxy Digital investment bank goes all in amid bitcoin surge and starts offering crypto options contracts, Yahoo! Finance reports.

At press time, bitcoin sees sufficient surge +4,21% and is trading at $9,916. Earlier iHodl reported that Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors, suggested that the leading by market cap crypto after breaching $10,000 may hit its all-time high because of a FOMO trigger.

Bitcoin (EXANTE: BTC.EXANTE) options are a type of crypto derivative that are a wide-spread method of profiting from an extremely unstable& volatile market by strategically hedging risks such as reducing portfolio risks, and losses from trading, Yahoo! Finance notes.

Previously, Smart Challenge, a gaming platform developed by Azarus and based on EOS' blockchain, received an investment of 1.8 million dollars in its last funding round from Galaxy Digital, Kleiner Perkins and SVK Crypto

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.