Author: Anthony M. Orbison

The largest recipient of the Genesis Trading bankruptcy proceedings has recently been involved in a significant Ethereum sell-off.  According to data provided by Arkham Intelligence, the creditor has sold 12,100 Ethereum (ETH) worth $31.43 million, within just three days. This move comes shortly after receiving a massive repayment from Genesis Trading as part of its liquidation process in August. The creditor, with wallet address 0x999…46E, received the largest compensation during the Genesis Trading creditor repayments.  On Aug. 2, this wallet was credited with 114,502 ETH, which had a total worth of $358.19 million at the time. Despite holding a substantial…

The Art of Options Trading: A Guide to Making Money with Options Options trading has become an increasingly popular way for investors to make money in the financial markets. With the ability to speculate on the price of underlying assets, options trading offers a flexible and exciting way to generate profits. However, options trading can also be complex and risky if not approached correctly. In this article, we will explore the art of options trading, providing a comprehensive guide to help you make money with options. What are Options? An option is a contract that gives the buyer the right,…

What is known so far about the human cases of bird flu in the U.S. is enough to worry those who spend their professional days tracking and monitoring the spread of viruses, particularly strains with the ability to spread widely. But at a time when public dissemination of data and details about new cases is critical, another worrying development has become trackable: the erratic drips of information coming from the federal agency responsible for such matters. Late last Friday, the Centers for Disease Control and Prevention(CDC) made public that a second healthcare worker in Missouri who had cared for a…

Shares in CarMax (NYSE:) rose more than 2% in premarket trading Thursday after the used vehicle retailer reported better-than-expected revenue for the fiscal Q2 2025. The company posted quarterly earnings per share (EPS) of $0.85, matching analysts’ expectations. Net sales and operating revenue rose to $7.01 billion, exceeding the consensus estimate of $6.82 billion. Used vehicle sales came in at $5.68 billion, up 1.5% year-over-year, beating the estimated $5.44 billion. Meanwhile, wholesale vehicle sales totaled $1.15 billion, down 13% year-over-year, slightly missing the $1.2 billion forecast. “We are pleased with the continued improvement of the business in the second quarter,…

The Ethereum (ETH) network has witnessed more downs than ups over the past few months. Despite its 64% ascent over the last year, ETH failed to hit an all-time high of $4,891.70. At press time, ETH was trading at $2,615.78 following a dainty drop over the day. Considering its current price, the altcoin is 46% below this level.Also Read: Can Bitcoin (BTC) Surge To A High of $80K In ‘Uptober’ Rally?SourceETH holders took to CoinMarketCap to reveal their expectations about the asset. Out of 97071 votes, only 26% of the community were bullish about Ethereum’s potential rise. A staggering 74%…

Regulatory Changes: How New Rules Are Shaping the Forex Industry The Forex industry has experienced significant changes in recent years, with regulatory bodies implementing new rules and guidelines to enhance market transparency, increase investor protection, and combat financial fraud. These regulatory changes are having a profound impact on the industry, affecting how brokers operate, what products they offer, and ultimately, the services they provide to clients. In this article, we’ll examine the key regulatory changes affecting the Forex industry and how they’re shaping the future of the market. Increased Scrutiny Regulatory bodies around the world are intensifying their scrutiny of…

(Bloomberg) — Global stocks rallied after China pledged fiscal stimulus and traders raised their bets on interest-rate cuts by major central banks.Most Read from BloombergThe Stoxx 600 index in Europe rose 1.2%, on track for a record close as luxury and mining stocks exposed to China gained. US futures advanced as Micron Technology Inc. surged 15% in premarket trading following a strong revenue forecast. Treasuries were flat and the dollar edged lower.Growing expectations that the Federal Reserve and European Central Bank will push on with their easing path are buoying markets. Traders are waiting for a pre-recorded address by Federal…

The stock market has soared this year, with the S&P 500 index hitting 41 closing highs and jumping 20%.The market’s latest boost came from the Federal Reserve, which last week slashed interest rates by one-half percentage point. Lower rates generally stimulate the economy, thereby boosting corporate earnings.JoAnne Feeney, a veteran portfolio manager at Advisors Capital ($8 billion of assets under management), is optimistic about the economy. It’s “in pretty good shape,” she wrote in a commentary. Goldman Sachs and Morgan Stanley are generally considered the country’s top two investment banks.Chris Hondros/Getty Images More rate cuts are expected. Those reductions will…

PayPal’s stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data.The decline was primarily caused by a significant reduction of its market cap on Solana, which accounted for roughly 65% of the total market cap on Aug. 26.The PYUSD in circulation or locked within the Solana ecosystem has fallen from $662 million to $364 million as of Sept. 25. Comparatively, its market cap on Ethereum has remained stable over the period at $340 million.Nevertheless, the daily average transfer volume for…

Advanced Trading Strategies: A Guide to Scalping and Day Trading As a trader, it’s essential to stay ahead of the curve and continuously improve your skills to maximize profits. Two advanced trading strategies that can help you achieve this are scalping and day trading. In this article, we’ll delve into the world of scalping and day trading, exploring the techniques, benefits, and risks associated with each approach. Scalping: A High-Frequency Trading Strategy Scalping is a high-frequency trading strategy that involves buying and selling financial instruments, such as stocks, options, or futures, in a short period of time. The goal is…