In contrast, perpetual swaps never expire. Instead, they use a funding rate mechanism to anchor the contract price to the spot index, theoretically offering investors the closest possible proxy to trading the actual VIX spot price. “Traders don’t have to worry about expiries and decay… Read More
Qivalis, the independent euro-pegged stablecoin builder with a growing number of banks as shareholders in the project, has also been undergoing a transformation. Sell notes that one year ago he was the only employee; now Qivalis has grown to about 40 staffers and is close… Read More
That recurring $5,499 dollar target remained nearly stable even as the number of contracts required to reach it changed with ether’s price. Ether rose from around $1,700 to $2,500 between June and September, forcing the number of contracts in each trade to keep changing while… Read More
Crypto market maker Wintermute has secured broker-dealer status in the U.S., giving the firm a regulated route into Wall Street as crypto trading and traditional securities markets draw closer together. New York-based Wintermute USA LLC registered with the Securities and Exchange Commission (SEC) and the… Read More
Bitcoin traded near $63,900 on Friday, roughly flat, as the Bank of Japan left its benchmark rate at 1% and Governor Kazuo Ueda’s attempt to sound hawkish landed softly with markets. The yen gave back its move during his press conference, and the dollar-yen pair… Read More
For more than 135 years, the Kanoo family, one of Bahrain’s wealthiest families, has helped build the Gulf’s entire commercial infrastructure. The family, with a net worth of up to $6 billion, owns businesses spanning shipping, logistics, travel and finance. Abdulla Kanoo, one of the… Read More
