Bitcoin Options Will Change the Game

This is massively bullish for bitcoin                                                                                                                                                                                                                                                                                                                                                                                                                 October 02, 2024 | [Listen Online]( | [Read Online]( [Teeka Tiwari]( [fb]( [fb]( [fb]( [fb](mailto:?subject=Post%20from%20The%20Digital%20Asset%20Daily&body=Bitcoin%20Options%20Will%20Change%20the%20Game%3A%20This%20is%20massively%20bullish%20for%20bitcoin%0A%0Ahttps%3A%2F%2Ftiwariresearchgroup.com%2Fp%2Fbitcoin-options-will-change-the-game) Bitcoin Options Will Change the Game In August 2018, Intercontinental Exchange (ICE) announced it was forming a new company. At the time, few analysts truly understood how it would completely remake the crypto landscape. But I did… And what my research uncovered put my readers in position to make average peak gains of up to 4,903% on a handful of tiny tokens. You see, ICE is the parent company of the New York Stock Exchange. And it owns dozens of exchanges and settlement houses in Europe and North America. The company has a long history of acquiring exchanges, including The New York Board of Trade in 2007… the Chicago Stock Exchange in 2008.. and Interactive Data in 2015. So when the news came out, most mainstream analysts said, “Move along. Nothing to see here.” But I started digging. And what I found convinced me this was a game-changer. Here’s why… ICE generally focuses on trading and settlement services for equities, commodities futures, and over-the-counter instruments for oil, gas, and electricity. But this new exchange was special. It focused on an entirely new asset class: Digital assets. I knew this was a HUGE deal. For the first time ever, Wall Street had created a regulatory-compliant way for institutions to take positions in bitcoin. ICE called the new exchange Bakkt. I realized Bakkt would eventually trigger an explosion of bitcoin adoption… Because it would entice other Wall Street players to start looking at bitcoin seriously. I was right. It paved the way for other Wall Street titans to offer their own crypto custody solutions. Which is exactly what happened… Soon after the launch of Bakkt, Fidelity said it would offer a bitcoin custody solution. TD Ameritrade, Schwab, E-Trade, Merrill Lynch, and many others followed suit. Here’s the thing… When ICE first announced the launch of Bakkt in August 2018, bitcoin was trading around $7,500. By December 2018, BTC had dropped nearly 60% to a low of $3,230. People bailed on bitcoin. They couldn’t understand why the price didn’t align with the bullish fundamentals. But I knew better. When I give my readers bullish news on bitcoin, I always warn them that over the short term, bitcoin can still drop for any number of reasons that have nothing to do with its long-term value. So when BTC dropped in December 2018, I didn’t hide under my desk. I told my readers this volatility is normal. It had nothing to do with the long-term viability of bitcoin. And they should use this as an opportunity to buy more. Anyone who listened to me and bought bitcoin at the time had the chance to see their investment rise 20x over the next two years. And as bitcoin goes higher, altcoins go ballistic. So, I positioned my readers in front of the fresh round of capital I saw coming that cycle from the launch of Bakkt. In 2018-19, I started recommending a handful of altcoins like Kucoin (KCS), Enjin (EJN), and ChainLink (LINK). They saw peak gains of 3,302%, 5,288%, and 6,121%, respectively, during that cycle. Combined, that’s an average peak gain of 4,903%. Friends, this is why I always tell you to ignore the noise and focus on the long-term adoption narrative. On any given day, absolute chaos can (and does) occur in the crypto markets. But over the long term, the adoption trend of this asset class will continue to push it far, far higher in value. And that adoption is about to get even bigger. That’s because we’re about to see a new regulatory-compliant bitcoin product come to market. I believe it’ll do even more to increase bitcoin adoption than Bakkt did. And in turn, send another tiny subsector of the crypto market to the moon. Another Onramp for Institutional Investors On September 20, the U.S. Securities and Exchange Commission (SEC) approved the listing and trading of options against the IBIT, BlackRock’s bitcoin ETF. Friends, I can’t tell you how massively bullish this is for bitcoin. With options coming to bitcoin, gigantic institutions now have a way to hedge their exposure to bitcoin. This is vitally important to the adoption of bitcoin by massive money managers. That’s because professional money managers need a way to hedge the volatility in their portfolios – otherwise they lose their jobs. A regulatory-compliant, highly liquid options market finally gives the leviathans of capital a way to get into bitcoin without having to deal with bitcoin’s inherent volatility. Selling calls against their positions – then buying puts – is just one simple way they can “collar” to protect their capital. Selling calls against their position will also be a way for them to generate income against their positions. My point is: The versatility that a big, liquid options market offers to massive institutions has not yet been priced in. It bears repeating. The market has not priced this in – just like it failed to price in the launch of the Bakkt exchange. This is all part of [The Convergence I’ve been warning you about.]( Remember, this phenomenon is made up of three converging catalysts: The launch of a spot Ethereum exchange-traded fund (ETF)… A friendlier regulatory landscape… And interest rate cuts. Last week, I held a special briefing to pull back the curtain on The Convergence. [You can stream the replay right here for a deeper dive.]( (Fair Warning: the free year I give away is expiring in just two days, so claim yours before it’s gone) In short, I believe the confluence of these three one-time generational trends could trigger a devastating crash in many widely held cryptos… While sending a tiny subsector of the crypto space far higher than anyone can imagine. Now, the launch of bitcoin options falls squarely in the “friendlier regulatory landscape” category. And just this catalyst alone can send the entire crypto market higher. For years, I’ve predicted Wall Street would eventually allow regulatory-compliant crypto products to hit the market. And that’s exactly what’s happened… Today, there are 11 bitcoin spot ETFs and nine spot Ethereum ETFs trading on U.S. exchanges. Spot means the institutions behind these ETFs hold actual bitcoin and Ethereum, not derivatives like futures contracts. Just two years ago, many thought the approval of so many crypto spot ETFs would be unthinkable. But here we are. And now, we’ll soon have options trading on the biggest of these ETFs – BlackRock’s iShares Bitcoin Trust (IBIT). Again, that means institutions can come into bitcoin at a scale they couldn’t before. Because now they can employ hedging strategies with their options contracts. Again, I can’t begin to describe how incredibly bullish it’ll be for institutions to trade bitcoin options on a U.S. exchange. This Profit Cycle Is Just Getting Started Friends, every new bull cycle brings a new type of crypto to the forefront. When Bakkt officially launched in September 2019, it signaled the end of Crypto Winter and the start of a new bull market. Bitcoin climbed from a low of $3,150 to a high of $69,000. As I mentioned above, a handful of cryptos I recommended then saw average peak gains of up to 4,903%. But the crypto landscape is different this time. The biggest gains from The Convergence won’t come from bitcoin or Ethereum. These are well-established assets, and everyone should hold them as part of their core crypto portfolio. Instead, the biggest gains will come from a tiny subsector of cryptos that have automatic payouts. I call them “crypto payout coins.” What makes these tokens unique is that they generate income for their holders. Month after month after month – no matter what’s happening in the market – these coins pay you to hold them. It’s similar to the way some stocks pay dividends. Instead of receiving cash, though, you receive more of the underlying crypto delivered directly to your crypto wallet. To position my readers, I’ve identified six crypto income tokens I believe will be among the biggest winners of The Convergence. They have an average yield of over 10%. That’s nearly 6x higher than the current CD rate. [You can get all the details right here.]( But remember, the secret sauce of these tokens is that you are paid in more crypto. So your payouts appreciate at the same rate as the underlying tokens do – supercharging your potential gains. Friends, hear me when I tell you: We’re in the calm before the storm. Bitcoin’s price action is boring right now. It’s not doing anything. But we saw the same situation play out with Bakkt. And then suddenly, bam! It was like someone lit a fuse and the entire crypto market exploded higher. Right now, usage is low. And this is when you must buy. You must get long now before the fuse is lit again. The Convergence is a one-time event. If you miss it, there won’t be a second one. And the window to buy these tiny payout tokens – [some of them trading for less than $1]( – will be closed for good. Let the Game Come to You! Big T P.S. Friday is the last day I’ll give away a free year to the new service. Be sure to get in before that happens. Share The Digital Asset Daily You currently have 0 referrals. [Click to Share]( Or copy and paste this link to others: [ [fb]( [tw]( [ig]( [yt]( [in]( Update your email preferences or unsubscribe [here]( © 2024 Tiwari Research Group 1607 Ponce De Leon Ave San Juan, Puerto Rico 00909, Puerto Rico [Terms of Service](