A Deep Dive Into Bitcoin’s Contango
The fact that bitcoin is trading in contango presents a remarkable investment opportunity and suggests hyperbitcoinization. But what is it?Bitcoin is trading in contango. But what does this mean?“Contango is a situation where the futures price of a commodity is higher than the spot price.” -InvestopediaNow, what’s a futures contract?“A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future.” -InvestopediaCurrently, the spot price (market price for bitcoin on exchanges) trades lower than....
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