Author: Labrechejeremy75044

XRP price reached $2.82, its latest high as bulls dominate. The cryptocurrency surged amid reports that Donald Trump could name his SEC Chair pick in coming hours. XRP traded at an all-time high of $3.40 in January 2018 and struggled amid SEC lawsuit filed in Dec. 2020. XRP, the cryptocurrency that has seen the most gains among the top 10 coins in the past few weeks, has spiked to a new high above $2.80. The cryptocurrency of the Ripple ecosystem soared another 20% on Tuesday to lead the largest crypto assets by market cap as its price crossed $2.82 for…

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By Omkar Godbole (All times ET unless indicated otherwise)It’s literally raining BTC options! OK, not literally, but just two weeks after call and put contracts for BlackRock’s spot bitcoin exchange-traded fund (ETF) began trading, we now have Cboe cash-settled FLEX options on both the Cboe Bitcoin U.S. ETF Index and the Cboe Mini Bitcoin U.S. ETF Index.These options debuted without much fanfare on Monday and have opened up a new “defined outcome” market, according to Jeff Park, the head of alpha strategies at Bitwise. Park says they allow for the customization of over-the-counter strategies while completely cutting out counterparty risk.…

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