The SEC has rejected the Spot Bitcoin Grayscale ETF. Many people assumed the SEC would accept it given BITO and other ETFs. Here is the full ruling: https://www.sec.gov/rules/sro/nysearca/2022/34-95180.pdf

A British Virgin Islands court ordered the liquidation of Three Arrows Capital Ltd. after creditors sued the cryptocurrency hedge fund for failure to repay debts. Nichol Yeo, a partner at law firm Solitaire LLP, said Three Arrows Capital is considering its options and seeking legal advice in the British Virgin

A new report from Bank of America claims that the company has cut air conditioning in an effort to quickly lower expenses to make up for a slump in sales. Bed Bath & Beyond told CNN that any changes in store temperature guidelines did not come from corporate. "We've been

Securities and Exchange Commission Chairman Gary Gensler said Monday that bitcoin was the only cryptocurrency he was prepared to publicly label a commodity, rather than a security, in an interview with CNBC. “Many of these tokens…the investing public is hoping for a return just like when they invest in

Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is “brought to justice as soon as possible” in regards to the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in May. On Sunday, a video purportedly coming from the Anonymous hacker group rehashed a laundry list

Russia was poised to default on its foreign debt for the first time since 1918, pushed into delinquency not for lack of money but because of Western sanctions, per WSJ. Russia missed payments on two foreign-currency bonds as of late Sunday, according to holders of the bonds. The day marks

The Wall Street firm GS is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt. this is being reported after Celsius reportedly hired a firm to help with bankrupcy declaration. coindesk provided the original reporting: https://twitter.com/coindesk/

The Supreme Court on Thursday struck down a New York gun law enacted more than a century ago that places restrictions on carrying a concealed handgun outside the home. The ruling was only the court’s second major statement on the scope of the individual constitutional right to keep and

Weeks ago, I wrote a thread talking about gamma. Let’s talk about its parent greek, delta, and why it matters to you. What is delta?By definition, delta is the rate of change of an option’s price relative to a $1 move in the underlying stock.Delta for

NOPE (Premium and Free) has come to unusual whales. With that, let’s break down the tool, and talk about how to use it. But first, a classic question, What is NOPE? Check out NOPE here. NOPE is the Net Options Pricing Effect, which tracks the intraday net delta of

Gamma is the most important greek, even though it's technically second order. Why is that? Let's talk about it. I’ve written about Gamma before. I had a thread about gamma pinning, but let’s talk about why Gamma, in my opinion, is the most important greek for retail. Let’

Gamma is a term a lot of people know about, but not a lot of people know what it does. Let's talk about gamma pinning, and start breaking down this second order greek. To start, we need to know what pin risk is. Pin risk emerges over options selling, specifically

Gamma season is always in. But when is gamma season bullish or bearish? Let's talk about the gamma flip, and what that means for the markets, along with individual stocks. But first, we need to talk about an assumption of gamma exposure. It is assumed, that MM's are always long

Implied Volatility is fairly self explanatory. However, conceptualizing it can be tricky. Let’s take a quick look into volatility, implied volatility, probability, contract pricing models, memes, and a few things in between. First off, some definitions. Volatility: amount the stock price fluctuates. Implied Volatility: forward looking potential volatility. Historical

Many have heard of Put/Call ratio, and many have also used it as a basis for general market sentiment. We even have it as a feature on the website, but how does this metric perform? A high PCR signals that the market is bearish, and a low PCR signals

Some of the most notable and least understood being the ability to see trade flags. Let’s talk about the mythical cross trade and see if we can deduce anything from it. The team at UW released a dive into floor trades, so naturally that got me thinking. What is

I wanted to talk more about Max Pain, and why it's an interesting indicator by market theory. As I had mentioned in the thread Max Pain had similar assumptions to Gamma Exposure, so let's cover those again. - MM's hedge with long calls and short puts, as investors are deemed

Earnings season is in full swing, and many traders are gambling on huge earnings beats or misses, and if you find yourself being one of those people, let’s make sure we understand this concept known as IV crush. Let’s pose a scenario: You and a couple others do

This was originally reported in CNBC. It stated that 36% of U.S. employees with salaries of $100,000 or more are living paycheck to paycheck, double the share in 2019, according to Willis Towers Watson. That’s more than the 34% of workers who earn $50,000 to $100,

Three Arrows Capital failed to meet demands from lenders to provide new funds. The report was originally published by Financial Times. Unable to meet margin call is a huge deal, as  Singapore-based Three Arrows is among the biggest and most active players in the crypto industry with investments across lending