President Biden proposes ban on congressional stock trading: Report
The President, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States.
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Bitfinex Looks to Launch Options Trading As Soon As Q1 2020
According to an executive, cryptocurrency exchange Bitfinex is planning to launch options and a gold-backed stablecoin, among a host of new products.New range of productsIn a Nov. 12 appearance on the Scoop, Paolo Ardoino, CTO of Bitfinex and Tether, told the Block that Bitfinex is considering launching options trading, while also taking a closer look…
This simple Bitcoin options strategy lets traders profit while also hedging their bets
For traders who are undecided on Bitcoin's (BTC) move, the "long condor with call options" yields optimal results with very low risk. This strategy offers protection down to $53,500, which would be a 7% downside move from the current $57,600, and returns a positive outcome up to $67,500.Options markets provide more flexibility to develop custom…
Japanese crypto exchange Coincheck eyes Nasdaq listing after $1.25B SPAC deal
The majority shares of the new combined holding company called Coincheck Group, N.V would be owned by Coincheck’s parent company Monex Group Inc. Coincheck Inc., a Japan-based crypto exchange with over 1.5 million verified customers, is eyeing Nasdaq listing after a special purpose acquisition company (SPAC) merger with Thunder Bridge Capital Partners IV, Inc.The combined holding…
Crypto Stories: Ethan Lou shares experience of crypto conference in North Korea
A Canadian journalist recounts the story of when he went to North Korea to participate in a crypto conference that’s full of surprises. 449 Total views 45 Total shares When North Korea announced a crypto conference back in 2018, Canadian journalist Ethan Lou jumped at the opportunity to see what the country's crypto scene looked…
Ripple co-founder pledges $10M in XRP to Kamala Harris campaign PAC
Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
Tezos upgrade reduces smart contract fees by 75% to attract DeFi
Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%. 604 Total views 1 Total shares Top-20 crypto asset by market cap Tezos (XTZ) has successfully completed its latest upgrade, “Delphi,” which aims to reduce smart contract gas fees by 75% to attract decentralized finance…
How Cryptocurrency Prices Work, Explained
4. Tracking the price of Bitcoin gives us a good indication of the overall cryptocurrency market in the past 18 months. Bitcoin started 2017 at under $1,000 and took a dip when China announced investigations into cryptocurrency exchanges in the country. At that point, the majority of Bitcoin trading took place in China, and the…
Bitcoin Price Rally Falters as Bulls Fight to Hold the $8.3K Support
After three days of trading in a tightening range Bitcoin price (BTC) dropped below $8,300, stopping at $8,264 which is slightly below the $8,300 support and the 200-daily moving average (DMA) at $8,200. Earlier in the day John Bollinger, the creator of the popular Bollinger Bands indicator, tweeted that the recent pullback should not alarm investors.…