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Hedge Fund Betting On Bitcoin Spread Unfazed By Record Price
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17/10/2017 · (Bloomberg) — Bitcoin-focused hedge fund BitSpread Ltd. isn’t interested in the price of the cryptocurrency, even as it soared close to the $6,000 mark this week. Instead, the firm is looking at s.
06/09/2016 · As an example, assume that a trader wants to place a bitcoin spread bet. Bitcoin is a leveraged trade, and a $1 bet per point equates to betting on 100 XBT. Assume that bitcoin is trading in the spot market at $600. A trader may see the bid price listed as 59,850 and the ask price listed as 60,150.
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20/10/2017 · Bitcoin-focused hedge fund BitSpread Ltd. isn’t interested in the price of the cryptocurrency, even as it soared close to the $6,000 mark this week. Instead, the firm is looking at something else: the price disparity between the exchanges that sell bitcoin.
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