Author: admin

During a conversation with TheStreet Roundtable Scott Melker, James Putra, SVP of Strategy at TradeStation, broke down how traditional hedging strategies are finally becoming viable in the crypto markets. “In the past, you really couldn’t execute any traditional hedging strategies in crypto,” Melker noted, pointing to the historical lack of tools like options. Putra didn’t hesitate. “100%,” he replied. “We’re seeing a lot of interested people doing the basis trade… ETF products being used as margin to leverage up into other areas.” Founded in 1982, TradeStation is a U.S.-based online brokerage platform that offers trading services for stocks, options, futures,…

Read More

By Kevin Buckland TOKYO (Reuters) – Japanese stocks jumped on Friday, supported by the dollar’s surge against the yen, after a U.S. trade deal with Britain fuelled hopes of progress in tariff talks with other countries. Bitcoin soared to the highest since January and U.S. crude ticked up after a more than 3% surge on Thursday, when President Donald Trump announced the agreement with British Prime Minister Keir Starmer – the first in the month since Trump started a 90-day pause on trade tariffs to allow room for negotiations. At the same time, concerns that the limited trade agreement with…

Read More

RAWALPINDI/KARACHI: It took an hours-long meeting, consultations with all the stakeholders, before the Pakistan Cricket Board eventually decided that in the view of the escalating tensions with India, it was unsafe to hold the Pakistan Super League in the country. The show, however, will go on with the closing stages of this season’s PSL to be held in the United Arab Emirates. “The PCB confirms that the remaining fixtures of the HBL PSL X have been shifted to the UAE,” the PCB said in a statement in the early hours of Friday morning. “The exact sche­dule of matches, outlining the…

Read More

Bitcoin has regained $100,000 and kept momentum in trading on Thursday. Ethereum and Dogecoin are both getting healthy upgrades to their blockchains that could unlock more utility. 10 stocks we like better than Bitcoin › The crypto market came to life on Thursday as investors continued to buy riskier assets like cryptocurrencies and growth stocks. The Federal Reserve’s move to not change interest rates yesterday played a role, but so does the seeming idea that trade tensions are easing. At 2:30 p.m. ET, Bitcoin (CRYPTO: BTC) is up 5% over the past 24 hours, Ethereum (CRYPTO: ETH) has jumped 13.8%,…

Read More

WASHINGTON (AP) — Senate Democrats have blocked legislation to regulate stablecoins, a form of cryptocurrency, after arguing that the bill needed stronger protections and airing concerns that it could help President Donald Trump enrich himself. The bill, which would regulate how stablecoin issuers operate in the U.S., had previously won some Democratic support. But it failed 49-48 on a procedural vote Thursday after Democrats said that they needed to see more changes to the legislation before they could back it. Senate Majority Leader John Thune said that Republicans would work with Democrats if they allowed the bill to move forward,…

Read More

NEW YORK (AP) — The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on hope” by enticing vulnerable customers to risk their life savings for a supposedly safe investment. Alexander Mashinsky, 59, was sentenced by U.S. District Judge John G. Koeltl, who said a substantial term in prison was necessary for someone who engaged in “extremely serious” crimes that enabled him to pocket over $45 million while some of his customers lost everything and suffered severe psychological harm. Celsius declared…

Read More

Bitcoin (BTC-USD) surged above $102,000 on Thursday to touch its highest level since late January. The world’s largest cryptocurrency rose alongside the overall market after President Trump unveiled a trade deal with the UK, signaling a deescalation of tariffs. Coinbase’s (COIN) announcement earlier in the day about the crypto exchange’s deal to acquire options platform Deribit for $2.9 billion also helped boost sentiment in the sector. Bitcoin rose as much as 5% to trade north of $102,147 near 4:45 p.m. ET on Thursday after Trump spoke in the Oval Office earlier that day about the UK agreement and indicated other…

Read More

By Jonathan Stempel NEW YORK (Reuters) – Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Mashinsky’s sentence was imposed by U.S. District Judge John Koeltl in Manhattan, and is among the longest in a criminal case arising from the 2022 meltdown in cryptocurrency markets. Sam Bankman-Fried, who led the FTX exchange, is serving a 25-year prison sentence after being convicted of fraud. He is appealing. Federal prosecutors said Mashinsky, 59, misled customers about Celsius’…

Read More

Strategy (MicroStrategy) pioneered the idea of corporations investing in Bitcoin, and now other companies are following its lead. Companies that do nothing but invest in Bitcoin have shown the potential to deliver higher returns than even Bitcoin itself. The fundamental premise of a Bitcoin-centric business model is that the price of Bitcoin will continue to go up in perpetuity. 10 stocks we like better than Bitcoin › An interesting new trend has appeared in the financial world: the emergence of companies that do nothing but invest in Bitcoin (CRYPTO: BTC). These companies have a single, solitary mission: to buy and…

Read More

CNN  —  President Donald Trump has finally gotten his first trade deal done. Well, not quite a “deal,” per se. More like a concept of a plan: a framework for negotiations between the United States and the United Kingdom that will take place between the two countries over the next several months or years … to hammer out a potential future trade agreement … that may or may not ultimately prove more beneficial to the United States than the existing trade situation. But a win’s a win, and this is a big win for Trump. The agreement with the UK…

Read More