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Late Dec ‘18 crypto rally

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I'm interested why you would  go long and short on the same asset? Granted via different vehicles (i.e. spread bet and also underlying) but still the same thing none the less? Insight would be interesting.

When it comes to cryptos and ether specifically I think this is a very interesting article and one which everyone in the space should be reading: https://www.coindesk.com/why-the-cftcs-questions-about-ethereum-matter

 Are Ether futures on the way?

The main thing the regulators seem to be worried about is creating links between a new and relatively unknown sub set asset class (of crypto) and real world finance. At the moment the two are very much separate, but adding futures, ETFs etc brings them all together. Especially as soon as you create corporates, corp debt, and a whole host of other real world financials. Match that with manipulation and you have the potential for significant issues.

When it comes to manipulation I think that's hilarious... just look at the big banks, look at Opec, look at governments and price manipulation, currency manipulation, exporting deflationary pressures... its a joke.

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I get the reasoning but not the execution. If you're long/short the same asset you're just net neutral.

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Ether running away at the moment, since the lows of mid December, as can be seen in the BTCETH pair.

 

Ether_Bitcoin_20190102_11.55.png

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