Buying Bitcoin without betting on a rally may not pay

Buying Bitcoin while hedging against a price drop can earn a return without a rally. But November 10 pricing offered about $119 per BTC before costs, less than the roughly $135 needed to finance the purchase for 17 days in an illustrative borrowing calculation. The strategy, known as cash-and-carry, pairs a Bitcoin purchase with a… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox