$Robinhood(HOOD.US$
Is TradFi dethroning crypto-focused intermediaries?
Should Robinhood’s ownership of the 118,000 $Bitcoin(BTC.CC$ be validated, the consequences could reverberate across the cryptocurrency landscape. Traditionally, the largest Bitcoin addresses have predominantly been linked to crypto-native exchanges. However, Robinhood’s role as a conventional broker focused on equities and options sets a...
Is TradFi dethroning crypto-focused intermediaries?
Should Robinhood’s ownership of the 118,000 $Bitcoin(BTC.CC$ be validated, the consequences could reverberate across the cryptocurrency landscape. Traditionally, the largest Bitcoin addresses have predominantly been linked to crypto-native exchanges. However, Robinhood’s role as a conventional broker focused on equities and options sets a...
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Could $Bitcoin(BTC.CC$ Crash to $22,000 In September?
To answer this question, we need to first focus on August
What was the worst BTC August drawdown in history?
-17% in 2014 and -18% in 2015
Currently in 2023, $BTC is now down -16%
If BTC were to drop -18% this August, BTC would drop to ~$24700
But that might not be the end of the retrace
Why?
Two reasons:
1) BTC is forming a Double Top
And 2) BTC tends to experience single-digit drawdown in September
So if BTC retraces, say, an additional ...
To answer this question, we need to first focus on August
What was the worst BTC August drawdown in history?
-17% in 2014 and -18% in 2015
Currently in 2023, $BTC is now down -16%
If BTC were to drop -18% this August, BTC would drop to ~$24700
But that might not be the end of the retrace
Why?
Two reasons:
1) BTC is forming a Double Top
And 2) BTC tends to experience single-digit drawdown in September
So if BTC retraces, say, an additional ...
$Bitcoin(BTC.CC$ price is up on June 20, reaching a 14-day high at $28,103. The fresh upside from BTC comes as recent negative news of the SEC cracking down on Binance and Coinbase and bullish traders are likely hopeful that BTC can break its 10-week losing streak.
A primary catalyst for the rally appears to be the growing institutional interest in Bitcoin from companies like BlackRock and Fidelity Investments, both of which appear to be in the process of filing...
A primary catalyst for the rally appears to be the growing institutional interest in Bitcoin from companies like BlackRock and Fidelity Investments, both of which appear to be in the process of filing...
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With U.S. markets closed for the Martin Luther King Jr. holiday on June 19, macro catalysts for crypto markets wait until later in the week.
While not as numerous or significant as the previous week’s set, these still have the potential to spark some surprise volatility.
The Federal Reserve is among them, with Chair Jerome Powell due to testify before Congress over two days from June 21.
After the Fed’s recent decision to pause interest rate hikes but leave the door...
While not as numerous or significant as the previous week’s set, these still have the potential to spark some surprise volatility.
The Federal Reserve is among them, with Chair Jerome Powell due to testify before Congress over two days from June 21.
After the Fed’s recent decision to pause interest rate hikes but leave the door...
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As is often the case with Bitcoin, short-term price action is meeting its match in underlying network data, which displays an altogether different trend.
This week, as with almost every week in 2023, network difficulty and hash rate are aiming for new all-time highs.
Hash rate is already higher than ever, according to some estimates, while difficulty will increase by approximately 2.5% on June 14. This will take it past 53 trillion for the first time.
Data from mo...
This week, as with almost every week in 2023, network difficulty and hash rate are aiming for new all-time highs.
Hash rate is already higher than ever, according to some estimates, while difficulty will increase by approximately 2.5% on June 14. This will take it past 53 trillion for the first time.
Data from mo...
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In the early days of FTX’s bankruptcy proceedings, its restructuring team published a chart of its corporate structure.
Sam Bankman-Fried’s former empire had 300 employees but controlled 130 companies when it filed for bankruptcy in November 2022.
All companies have subsidiaries, but companies that have this many subsidiaries are infinitely more complex operations. General Motors, a multinational with dozens of int...
Sam Bankman-Fried’s former empire had 300 employees but controlled 130 companies when it filed for bankruptcy in November 2022.
All companies have subsidiaries, but companies that have this many subsidiaries are infinitely more complex operations. General Motors, a multinational with dozens of int...
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$Binance Coin(BNB.CC$ Binance is charged with mass wash trading in this lawsuit and were also accused of mass insider trading in the CFTC lawsuit . At one point, wash trading allegedly accounted for 30% of volume of a token on Binance to even 50% done by one entity with dozens of accounts. Allegations looks really ugly
$Bitcoin(BTC.CC$ $Coinbase(COIN.US$
$Bitcoin(BTC.CC$ $Coinbase(COIN.US$
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Well, this is unusual.
Yesterday, someone opened new $Coinbase(COIN.US$ $50 weekly puts for $107,000. They were 19% OTM and expired in four days!!!
Today, the SEC sued Coinbase.
Those positions are up big, nearly 2572%.
They turned $100K to millions.
Someone always knows.
Yesterday, someone opened new $Coinbase(COIN.US$ $50 weekly puts for $107,000. They were 19% OTM and expired in four days!!!
Today, the SEC sued Coinbase.
Those positions are up big, nearly 2572%.
They turned $100K to millions.
Someone always knows.
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Option Greeks are essential because they provide a comprehensive way to measure and understand the risk and reward of an options position. Listed below are some reasons why option Greeks are essential:
Risk management
Option Greeks provide a comprehensive way to measure the risk of an options position, including how changes in the underlying asset price, volatility, and time decay will affect the option's price.
Portfolio management
Option Greeks provide a way to...
Risk management
Option Greeks provide a comprehensive way to measure the risk of an options position, including how changes in the underlying asset price, volatility, and time decay will affect the option's price.
Portfolio management
Option Greeks provide a way to...
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CoinKickOff performed an analysis of token data. The methodology involves defining dead coins as those with failed ICOs, less than $1000 volume in three months or fraud/scam. From their data they determined that the average lifespan of a token is 15 months. They also determined from 2022's data that 9/10 projects and tokens ...
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