Home Bitcoin News Ether and Bitcoin 'Straddles' Can Assist Seize Put up-Fed Value Swings – CoinDesk

Ether and Bitcoin 'Straddles' Can Assist Seize Put up-Fed Value Swings – CoinDesk

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“Ether is predicted to maneuver by +/- 5.85% after the [Federal Open Market Committee] assembly, based mostly on derivatives markets information. This means that ether will end the week at $1,485 or $1,670 (spot $1,578). This appears too slender. Shopping for short-term straddles (purchase calls and purchase places), which profit from broad swings, may supply good threat reward right here,” Thielen stated in a observe despatched to shoppers early Wednesday.

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