FX option expiries for Mar 23 NY cut
Foreign exchange (FX) option expiries for the 23rd of March at 10:00 Eastern Time have been released by the Depository Trust & Clearing Corporation (DTCC) and are shown below. These figures represent the potential impact that options trades may have on FX spot rates as they near expiration. EUR/USD Option Expiries: • 1.0650-52: EUR 848 […]
Bitfinex CTO expects El Salvador bitcoin volcano bonds this year
Bitfinex CTO, Paolo Ardoino, has announced that El Salvador’s Bitcoin-powered bonds, known as volcano bonds, will launch between June and September this year. After months of delays since it was first announced by El Salvador’s president Nayib Bukele in November 2021, the country’s congress finally passed the “Digital Asset Issuance” legislation, which provides a legal […]
If inflation expectations don’t fall, will have to do more on interest rates
On Thursday, the Reserve Bank of New Zealand’s (RBNZ) Chief Economist, Paul Conway delivered a keynote address about inflation, followed by a Q&A session. Conway shared several key quotes on the current state of monetary policy in New Zealand, the economy, bank regulations, and the potential for interest rate changes. One of Conway’s most significant […]
Coinbase to list Arbitrum with experimental label, warns users to send ARB only over Ethereum network
Coinbase, the largest cryptocurrency exchange in the United States, has announced its plans to support Arbitrum’s upcoming token, ARB, by listing it for trading on the platform. While revealing its intentions to support the ERC-20 token, Coinbase issued a warning to users not to send ARB to networks other than Ethereum, as they could risk […]