What are Bitcoin Derivatives (Bitcoin Trading Concept Stocks)
What are Bitcoin derivatives? According to Coindesk, Bitcoin derivatives are di
What are Bitcoin derivatives? According to Coindesk, Bitcoin derivatives are digital assets tied to the US dollar. According to data from Skew, the cryptocurrency market has undergone significant changes in the past 12 months. Despite the volatile price fluctuations, the trading volume of Bitcoin derivatives has not increased significantly. Bitcoin options trading has also seen a significant increase (as of March 13, 2020), with a total turnover reaching a record-breaking $1 trillion. This indicates a rising demand from investors for investing in Bitcoin derivatives.
Bitcoin Trading Concept Stocks
According to reports citing a reporter from “Kechuangban Daily” by Sina Technology, the stock price of Shenzhen Daguan (002270), a Bitcoin trading concept stock, has fallen below $3. According to a press release on Wednesday, the term “involvement in digital currency” has become a hot topic among multiple investors. Many listed companies, including Jianan Yunzhi, Ebang International, and Hailian Jinhui, have all made Bitcoin one of their strategic focuses. Currently, Shenzhen Daguan holds assets worth over $600 million.
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