Thursday, April 18, 2024
Home > spread

Will weakness in Magnificent 7 stocks spread to Bitcoin price?

The mega-cap tech stocks, which saw a robust start in 2023, are now grappling with massive trillion-dollar losses, leaving their shareholders concerned. Wall Street's unease over surging bond yields and higher interest rates has cast a shadow on these companies. Traders are now pondering the potential impact on Bitcoin (BTC)

Read More

Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles

Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand for options, making them pricier. Thus, traders tend to buy options when volatility is lower than its long-term average. Source

Read More

Calls for regulation get louder as FTX contagion continues to spread

Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the European Central Bank (ECB) president Christine Lagarde called regulation and supervision of crypto an “absolute necessity” for the

Read More

White House Convenes Summit for Stopping the Spread of Ransomware

Significantly, the CRI also has committed to “take joint steps to stop ransomware actors from being able to use the cryptocurrency ecosystem to garner payment.” This would include sharing information about crypto wallets used for laundering funds, as well as developing and implementing anti-money laundering/combating the financing of terrorism (AML/CFT)

Read More

El Salvador, Lugano Sign Agreement to Help Spread Bitcoin Adoption and Education

Mayorga was later joined on stage by Mexican politician Indira Kempis, Serbia’s Prince Filip Karađorđević and Lugano’s Director of Economic Promotion Pietro Poretti, and, via video link, former congressperson and possible presidential candidate Zury Rios from neighboring Guatemala. While making no formal policy pledge, Rios made clear her interest in

Read More

Grayscale’s GBTC Discount to NAV Breaks Records as Spread Widens by More Than 35% – Bitcoin News

Grayscale Investment’s Bitcoin Trust (GBTC) has dropped to a new low this week as the bitcoin fund tapped a record 35.18% low against bitcoin spot prices. GBTC’s discount to spot has been underwater for a total of 577 consecutive days. GBTC Discount to NAV Widens by 35% — Fund Reaches an

Read More