Price Action
Volatility crept back into the market today. The price oscillated between $260 and $253. Whether the price goes down or up from here is hard to tell, but with many traders returning from holiday things should heat up later this week.
Trade Idea
XBTJ15 is trading at a $7-$8 premium over Bitfinex spot. Sell XBTJ15 and buy spot to capture this premium.
In the News
Bitcoin Foundation Financials and Reorganisation Plan Leaked (Bitcoin Magazine)