Earlier this month, Chinese cryptocurrency exchange OKCoin announced it was launching Bitcoin Futures trading. It is one of many financial derivatives making its way to cryptocurrency markets.
Category: Investing & Trading
With the derivatives market making its way to Bitcoin, investors should be aware of the workings of new financial products that will start appearing on the Bitcoin market.
The world’s first regulated Bitcoin fund, Global Advisors Bitcoin Investment Fund (GABI), is commencing operations today.
Two years ago the price of a single Bitcoin was at $7, today it is at about $625. A two year investment in Bitcoin would therefore have yielded a staggering compound return of 20.5 percent per month.
An adult entertainment start-up by the fitting name of Klyemax Studios recently raised some funds through the Bitcointalk forum.