In this article NDAQ BILL ORCL S Follow your favorite stocksCREATE FREE ACCOUNT Offices of Illumina, in San Diego, California. Mike Blake | Reuters Check out the companies making headlines in premarket trading. Nasdaq — The exchange operator’s shares dropped 7.7% following the announcement of its deal to buy Adenza, the software firm owned by
Rishi Sunak on Monday turned on his predecessor Boris Johnson, claiming that the former prime minister had asked him to interfere and wave a long list of his allies through to the House of Lords. Sunak said Johnson asked him to reverse the decision by the House of Lords appointment committee (Holac) to block some
Bitcoin (BTC) starts a “massive” week in a precarious position as key support stays out of reach for bulls. After fresh losses across crypto markets over the weekend, BTC/USD closed the week below $26,000 for the first time in three months. Both Bitcoin and altcoins continue to struggle thanks to legal battles raging in the
Cardano (ADA) bounced modestly after losing nearly 30% of its valuation in the previous week, its worst seven-day performance since May 2021, when the Terra collapse sparked a cryotocurrency market crash. Nonetheless, ADA looks ready to undergo a sharp recovery in the coming months, based on technical analysis. ADA price up 30% from six-month lows
Good morning (from Paris: bad trains mean I am still out of the UK this morning). Quite a momentous weekend, huh? Boris Johnson has quit parliament. Nicola Sturgeon has been arrested and subsequently released without charge pending further investigation by Police Scotland. The big picture of all this is simple, I think: Keir Starmer is
European stocks rose at the open on Monday as investors prepared for a week of central bank meetings in the US and Europe and crucial economic data likely to be influential in signalling the direction of interest rates. Europe’s region-wide Stoxx 600 rose 0.3 per cent while France’s Cac 40 added 0.5 per cent and
The Bitcoin network’s proof-of-work consensus mechanism could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols, thanks to efforts from a Stanford University professor. David Tse and his research team are driving the use of the preeminent cryptocurrency to provide added security to PoS networks. Tse’s proprietary Babylon blockchain aims
Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security, and privacy-preserving features. In a June 9 post via his personal blog, Buterin explained that the Ethereum blockchain outright “fails” without sufficient scaling infrastructure to make transactions
As he prepared to tee off at the historic Old Course in St Andrews, the Scottish town known as the “home of golf”, Dominic Clemons was still digesting the shock tie-up that has handed Saudi Arabia enormous sway over the future of the professional game. “I feel sorry for the guys who were loyal,” said
Lex Greensill and four former Credit Suisse bankers have been named as suspects in a Swiss criminal case that is due to be formally opened this month, according to people with knowledge of the matter. The case being brought by the Zurich public prosecutor — which follows a two-year investigation by Swiss police, including raids
If there was much sense of satisfaction at CBI headquarters last week, it could be shortlived. The business lobby group won a vote on its recovery plans following the harassment scandal that sent big-name members fleeing. But new boss Rain Newton-Smith faces a mauling at a parliamentary hearing this week. And although some members, notably
While data suggests that crypto assets have been flowing out of centralized exchanges at an accelerated pace over the last week, Binance CEO Changpeng Zhao argues it may not be as bad as it appears. Leading analytics platforms such as Nansen and DeFiLlama have all measured increased exchange outflows from Binance over the past seven
It is common for senior creditors of a distressed company to object when a cheque is about to be mailed out to parties ranking lower in the priority of payouts. Those junior claims are likely soon to be worthless and it is argued that the cash out the door really should stay within the company,
I thought we were done with masks. But no. New Yorkers were wearing them again last week, at least those of us who dared to go out on the street, as the city was blanketed with thick plumes of smoke from Canadian wildfires that have been burning for more than a month. School and outdoor
Venture capital firm Andreessen Horowitz (a16z) is set to open its first office outside of the United States this year, adding to the backdrop of U.S.-based firms seeking greener pastures outside of the country. Chris Dixon, a16z’s crypto founder and managing partner cited a “predictable business environment” as one of the main factors behind its
Billionaire investor Mark Cuban has become one of the latest industry figures to call out the United States securities regulator for purportedly failing to provide cryptocurrency firms with a clear registration process. The Shark Tank investor claimed in a June 11 tweet that no registration exists in the SEC’s “Framework for ‘Investment Contract’ Analysis of
The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration. On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and $0.46, having dropped around 30% in the past seven days according to
What is a strangle? How can one get into position like that? What is the advantage of strangle when trading options? A lot of people get confused with strangle. Check this out and learn some ways on how to get into a strangle. #optionstrading #tradingtips #tradingmindset #tradinglikeapro #optionstradingtips #strangleoptions Posted at: https://tradersfly.com/blog/selling-a-strangle-with-options-how-and-why-might-you-do-it/ ? Newsletter &
A defiant Donald Trump will once again be in the spotlight when he appears at a federal court in Miami, Florida, on Tuesday, making him the first former US president to face federal criminal charges as he campaigns for another White House run. Trump over the weekend made his first public appearance since being indicted
Andreessen Horowitz has chosen London for its first office outside the US, betting that the UK government will create a more hospitable climate for blockchain start-ups amid a crypto crackdown by the American financial regulator. The Silicon Valley venture capital firm — which has about $35bn in assets under management and was an early backer
EU funds managed by Odey Asset Management are discussing restrictions on investors’ withdrawals as part of emergency measures to contain the fallout of sexual misconduct allegations against the hedge fund manager’s founder. It comes as the firm announced a series of management changes to funds run by Crispin Odey ahead of the market opening on