Latest from Sheldon Reback
Crypto Options Traders Bet Against Volatility
"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.
Avalanche Blockchain Usage Grew in Second Quarter: Nansen
The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health – increase significantly in the period.
Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates
It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.
Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.
Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
Bitcoin Holdings on OTC Desks Decline 33%: Glassnode
Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
The Born Ready venture studio will invest in early-stage Web3 and metaverse projects.
AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
Generative AI has huge economic potential and could boost global labor productivity, the report said.
