Category Archives: Finance

Bitcoin, Ether Trade Below ‘Maximum Pain’ Levels Ahead of $2.7B Options Settlement

Advertisements A lot of put options are in-the-money, crypto options exchange Deribit’s Lin Chen said. While bitcoin (BTC) and ether (ETH) have chalked out moderate gains in the past 24 hours, prices remain well below levels that are likely to inflict “maximum pain” on buyers of August expiry option contracts. On Friday, Deribit, the world’sContinue reading “Bitcoin, Ether Trade Below ‘Maximum Pain’ Levels Ahead of $2.7B Options Settlement”

Thailand Warn Meta to Rein In Crypto Scams or Face Expulsion

Advertisements A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes. Thailand’s Ministry of Digital Economy and Society (DES) has told Meta’s (META) Facebook to curb the number of fraudulent crypto investment scams being advertised onContinue reading “Thailand Warn Meta to Rein In Crypto Scams or Face Expulsion”

Shiba Inu Plans Shibarium’s Public Restart Days After Botched Launch

Advertisements Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand. Shiba Inu developers are slowly working towards a Shibarium network reopening by monitoring validator data and transactions days after a much-hyped network launch was marred by network issues and a faulty bridge. In a post earlyContinue reading “Shiba Inu Plans Shibarium’s Public Restart Days After Botched Launch”

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Advertisements Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. The 30-day correlation coefficient between bitcoin and the 10-year U.S. inflation-indexed securityContinue reading “Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April”

FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee

Advertisements The latest proposal will see the debtors include the U.S. Trustee as a noticed party and reduce the maximum settled value for claims from the earlier $10 million to $7 million. Bankrupt crypto exchange FTX’s debtors have revised their motion for settlement after the U.S. Trustee objected to an earlier motion, according to aContinue reading “FTX’s Debtors Revise Settlement Proposal After Objection From U.S. Trustee”

Bitcoin Perpetual Funding Rates Crash as Price Slide Puts Short Volatility Bets at Risk

Advertisements Funding rates tanked on several exchanges, indicating a steep discount in bitcoin perpetual futures. Bitcoin DVOL, a volatility index, jumped to 48.5% from 36% in annualized terms. Funding rates on OKX, Deribit and Bybit crashed to -10% in annualized terms. Funding rates in bitcoin (BTC) perpetual futures listed worldwide crashed late Thursday after aContinue reading “Bitcoin Perpetual Funding Rates Crash as Price Slide Puts Short Volatility Bets at Risk”

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

Advertisements Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings. Bankrupt crypto lender Celsius is to hold a vote on its plan to sell assets to the Fahrenheit consortium, after a judge on Thursday approved disclosures that suggested creditors can expect toContinue reading “Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval”

Blockchain-Harnessing AI Project Jada Receives $25M in Capital

Advertisements The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations. Jada AI offers AI services that aid decision-making and scale the operations of organizations. The project operates in a blockchain-based environment where the AI computations are executed among the nodes participating in the network. Jada AI,Continue reading “Blockchain-Harnessing AI Project Jada Receives $25M in Capital”

Bitcoin’s 2023 Bullish Trendline in Focus as Traders Search for Directional Clues

Advertisements A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows. Bitcoin’s (BTC) slow decline from the July peak near $32,000 has traders focusing on a trendline to indicate the cryptocurrency’s directions. The leading cryptocurrency has rallied over 70% this year in a textbook bullish price action, comprising higherContinue reading “Bitcoin’s 2023 Bullish Trendline in Focus as Traders Search for Directional Clues”

SHIB Plunges 9% on Apparent Shibarium Bridge Issues

Advertisements An important tool for the new layer 2 service went live on Wednesday to a turbulent start. Shiba inu (SHIB) tokens slumped some 9% in the past 24 hours as users widely reported bridging issues after the much-hyped Shibarium network went live late on Wednesday. Blockchain data shows transactions on the network were stalledContinue reading “SHIB Plunges 9% on Apparent Shibarium Bridge Issues”

Ngân hàng này vừa giảm đến 2% lãi suất vay thế chấp cho khách hàng cá nhân

Advertisements Ngân hàng Thương mại Cổ phần Hàng Hải Việt Nam (MSB) vừa thông bNgân hàng này vừa giảm đến 2% lãi suất vay thế chấp cho khách hàng cá nhânáo chương trình giảm 2% lãi suất cho các khoản vay thế chấp dành cho khách hàng cá nhân. Chương trình này sẽ được áp dụngContinue reading “Ngân hàng này vừa giảm đến 2% lãi suất vay thế chấp cho khách hàng cá nhân”

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