Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments:...

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

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Source: Coindesk.com

Presto says a market-neutral strategy to profit from the Mt. Gox repayments by betting on bitcoin strength and against bitcoin cash. The strategy stems from the supply/demand dynamics for BTC and BCH due to the distribution of assets worth billions of dollars.

Singapore-based trading firm Presto Labs is suggesting clients bet

Read More https://www.coindesk.com/markets/2024/07/11/long-bitcoin-and-short-bitcoin-cash-to-benefit-from-mt-gox-repayments-trader/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader" appeared first here Coindesk.com.

Source: Coindesk.com

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