In other words, if bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets. That, in turn, could lead to an exaggerated price rally, often called a gamma squeeze, or sling-shot effect. On the flip side, dealers will be forced to sell on a potential decline below $30,000.
Tokenized RWA Marketplace Ironlight Emerges From Stealth With Eyes on SEC Approval
With no plans for allowing cryptocurrency trading on the platform, the company's goal is to leverage distributed ledger technology, or...