Investor Ari Paul Bets $1 Million That Bitcoin Price Hits $50,000 by 2018

Investor Ari Paul Bets $1 Million That Bitcoin Price Hits $50,000 by 2018

According to Business Insider, Ari Paul, the chief information officer and co-founder of cryptocurrency hedge fund Blocktower, has purchased $1 million worth of options that offers a 30-fold payout if the bitcoin price hits $50,000 by the end of 2018, on behalf of Blocktower. â??On Wednesday, an unidentified entity made a $1 million bet on …

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