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
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