No, not the band ‘Iron Butterfly’. But the options strategy. Quite possibly one of the best strategies for a sideways market.
The Conservative party’s high-profile mayor, Ben Houchen, has again been accused of secrecy after plans for a third transfer of public assets in his north-east England region were leaked to the Financial Times. Houchen, mayor of the Tees Valley, privately struck a deal with Hartlepool council to take control of the community’s key civic buildings
Bitcoin’s volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June. The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin’s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of
The Illinois Supreme Court will have the final say on the constitutionality of the state’s 2019 consolidation of suburban and downstate police firefighter pension fund assets. A group of police funds challenged the legislation, which has so far cleared two legal hurdles. Kane County Circuit Court Judge Robert Villa upheld the law in May 2022 and
Now that there aren’t any banks immediately and obviously on the brink of collapse any more, attention is shifting to commercial real estate, the doomed asset class du jour. The current outpouring of angst has felt a little overdone, and belated (swaths of CRE has been cruising for a bruising since the pandemic). And as
Chicago’s new mayor, Brandon Johnson, is tasking a “working group” that includes his finance team and state legislative and labor representatives with finding long-term funding fixes to ease the city’s pension funding woes. Chicago’s $33.7 billion of pension liabilities remain a huge burden on the city’s balance sheet and budget despite progress in recent years.
Statisticians are questioning the accuracy of the official data that underpins UK government policymaking after the latest migration figures were significantly out of line with analysts’ expectations. Last week, experts were left puzzled when the Office for National Statistics reported that net migration reached 606,000 in 2022. Though that figure marked a record for the
The UK’s security priority must remain Europe and the Atlantic, as Russia is the main threat to Britain until the end of the decade, the head of the country’s defence intelligence organisation has warned. In rare public remarks, Adrian Bird, chief of Defence Intelligence, stressed that the UK’s own backyard should be its primary concern.
UK businesses are in the middle of a slow-motion car crash. New, expensive energy supply contracts are kicking in, just when government support has been scaled back. This makes energy unaffordable for some smaller companies and is likely to hit the troubled retail and hospitality sectors the hardest. Of course, this was all terribly predictable.
HANGZHOU, CHINA – NOVEMBER 3, 2022 – Visitors visit the Nvidia stand at the 2022 Apsara Conference in Hangzhou, Zhejiang province, China, Nov 3, 2022. May 25, 2025 – Nvidia’s first-quarter earnings beat expectations by a large margin, the company’s second-quarter revenue outlook of $11 billion also beat market expectations, and Nvidia’s forecast of a
Oklahoma lawmakers overrode the veto of a bill aimed at reforming the governance structure of the state’s turnpike authority, which is awaiting a ruling on the validity of bonds to begin funding a $5 billion extension project. Ahead of Friday’s end of the legislative session, the override of Gov. Kevin Stitt’s May 19 veto passed
Road infrastructure groups cheered a Supreme Court decision last Thursday narrowing the definition of which streams and wetlands are protected by the Clean Water Act. The top court’s ruling on Sackett v. Environmental Protection Agency weighs in on a 50-year debate over the definition of “waters of the United States” (WOTUS) by establishing a more
After a long period of unusually low volatility, Bitcoin’s next major price move is likely imminent and could drive BTC to $32,000, according to James Check, the lead on-chain analyst at Glassnode. That price level is where Bitcoin’s “true cost basis is sitting,” Check explained in an exclusive interview with Cointelegraph. To calculate Bitcoin’s average
Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury condos. The reason behind this comes down to scarcity. Because cities limit the amount of housing that can be built, developers focus on attracting the wealthiest occupants instead of catering to everyone. Consider this metaphor: Imagine you are
Britain’s housing market is broken. England has among the lowest numbers of homes per 1,000 people in western Europe, and dwellings are among the smallest and most expensive. UK house prices are about nine times average earnings; they were last at such heights in Queen Victoria’s reign. With home ownership falling, the Labour party is
An Englishman’s home is his castle, they say. But too few Britons can afford a dwelling that would even rank as a sentry box. The opposition Labour party, which leads in opinion polls, therefore wants to cut the prices at which landowners are forced to sell sites to local authorities. It should think again. Councils
Members of the Sackler family who own Purdue Pharma can be shielded from lawsuits linked to the US opioid crisis in exchange for payments worth up to $6bn, appellate judges have ruled in a reversal of a lower court’s decision. The judgment addresses a controversial provision of US law that released Sackler family owners of
Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury condos. The reason behind this comes down to scarcity. Because cities limit the amount of housing that can be built, developers focus on attracting the wealthiest occupants instead of catering to everyone. Consider this metaphor: Imagine you are
Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance. Bitcoin pauses into monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $27,700, having briefly spiked above the $28,000 mark. The pair encountered resistance below its local highs from around
UK prime minister Rishi Sunak will fly to Washington next week for a meeting with US president Joe Biden — but there will be no attempt to forge a bilateral trade deal. Downing Street on Tuesday announced the visit, saying it would be a chance for the two countries to enhance their “co-operation and co-ordination”
In late April, over a hundred people gathered near the Texas Capitol building to protest. Peaceful protests in the United States are not uncommon, but what made this one unique was that its participants were gathered to advocate for the right to own and use cryptocurrencies. The location is also puzzling, as the Lone Star