cryptocurrency

LONDON (Capital Markets in Africa) – For traders used to seeing arbitrage plays vanish within seconds, bitcoin futures’ rise back to more than $1,300 above the spot price a full day after their debut is another testament to the cryptocurrency’s unconventional evolution. Professional investors and analysts predict the premium will collapse over time. Yet its persistence and volatility — from as low as 1.8 percent to as high as 13 percent — indicate how a market that’s captured Wall Street’s…