First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000
First Long-Term LedgerX Bitcoin Option Pegs Price at $10,000 LedgerX just initiated its first long-term bitcoin futures option. Called a Long-Term Equity Anticipation Security (LEAPS), the trade was matched by the platform this morning and is set to expire on December 28, 2018. Under the terms of the deal, the buyer has the right to buy bitcoin at a price of $10,000 at that date, or almost a 30 percent premium on today's price. Yet, because the buyer only makes…