Alameda Research and FTX merge VC operations: Report

The investment arm of Sam Bankman-Fried’s cryptocurrency exchange, FTX, has reportedly absorbed the venture capital operations of Alameda Research in response to the ongoing crypto bear market. According to a Thursday Bloomberg report, Alameda’s Caroline Ellison said in an interview that the merger had happened prior to former co-CEO Sam Trabucco announcing his resignation on…

2 Stocks Poised to Benefit From Infrastructure Spending

During the 2020 election campaign, President-elect Joe Biden pledged to invest $2 trillion in roads, bridges, clean energyand other initiatives to advance American competitiveness, create jobs and curb climate change. Key points to remember Stocks involved in the construction of roads, bridges and clean energy should benefit from an increaseinfrastructure spending under the Biden administration….

Cryptocurrencies copying Bitcoin don’t really make the cut, experts say

Cointelegraph’s Joseph Hall interviewed Bitcoin (BTC) advocates Pierre and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast, at the Surfin’ Bitcoin 2022 event held in France. The group talked about how France can attract more miners, where Bitcoin fits in terms of financial planning and the difference between Bitcoin and other cryptocurrencies. According…

How Do I Create a Trading Strategy with Bollinger Bands® and the MACD?

Technical traders use many indicators to develop trading strategies. Many of these tools can also help ordinary investors. With a little basic knowledge, you can develop a profitable trading strategy using indicators such as Bollinger Bands and the moving average convergence divergence (MACD). Bollinger Bands, developed by technical analyst and trader John Bollinger, are a…

A16z-backed CoinSwitch exchange raided over alleged forex law breaches

Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by Anti-Money Laundering agents on Thursday over alleged violations of forex laws. According to a Thursday report from Bloomberg, India’s Enforcement Directorate searched CoinSwitch Kuber’s offices as well as the residences of its directors and CEO Ashish Singhal. A source told the publication…

CME Bitcoin futures see record discount amid ‘very bearish sentiment’

Bitcoin (BTC) futures are starting to see record discounts as sentiment among derivatives traders worsens. In its latest dedicated report issued Aug. 23, analysis firm Arcane Research painted a worrying picture of the morale among BTC futures participants. Futures basis revisits June lows After an initial shock during June’s BTC price dropwhich has since held…