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Post by yogibearbull on Jan 29, 2021 15:28:19 GMT
finance.yahoo.com/news/ftx-exchange-lists-wallstreetbets-futures-122159327.html"Cryptocurrency derivatives exchange FTX has listed a WallStreetBets (WSB) index quarterly futures contract in a bid to capitalize on the retail trading fervor that exploded in recent days.....Announced Thursday via blog post, the basket of markets that make up the contract include stocks being targeted by the Reddit trading group – Nokia (NOK), BlackBerry (BB), AMC Entertainment (AMC), GameStop (GME), iShares Silver Trust (SLV) – as well as the dogecoin (DOGE) cryptocurrency and FTX’s native token FTT....."
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Post by yogibearbull on Jan 29, 2021 15:38:37 GMT
Let this be a warning.
Remember that the first collapse in Bitcoin came soon after Bitcoin futures were launched.
Futures markets are where big traders play with long and short bets. Futures markets have dealt with extreme volatility for decades. They are regulated by CFTC, not the sleepy SEC.
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