News list for "wei"
Lin Chen, head of Asia Pacific commerce at Deribit, said in a post that an option trader bought 20,000 BTC long bullish vulture spread, bullish BTC at the end of the year in the range of 106,000 to 112,000: buy the end 100,000 bullish; sell the end 106,000 bullish; sell the end 112,000 bullish; buy the end 118,000 bullish. Note: Bull Condor Spread, an options portfolio strategy that uses four options contracts with four different strike prices in the expectation that the underlying asset will ri...
Bitcoin mining machine maker Canaan has received a $72 million equity investment from Brevan Howard, Galaxy Digital and Weiss Asset Management in a move aimed at deepening partnerships with institutional investors. Canaan Yunzhi announced on Tuesday that the investment was completed through the purchase of 63.7 million American depositary shares (ADS) at a price of $1.131 per share, and each ADS corresponds to 15 shares.
I don't think Powell has changed his tune, said Peter Cardillo, chief market economist at Spartan Capital Securities. While he says the economy is on solid footing, he also points to weakness. What he has done is prepare the market for a series of rate cuts, but not necessarily in sequence. His words suggest he will cut rates by 25 basis points at the end of the month, and then the Fed will assess the situation. If the labor market continues to weaken, leading to job losses, then he may...
