Tag: Payday

Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday

Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The 2-day correction totaled a 27% downtrend and wiped out $352 million worth of leverage long (buy) futures contracts. To date, Bitcoin price is 65% down for 2022, but it’s essential to compare its price action against the world’s biggest tech companies. For instance, Meta Platforms (META) is down 70% year-to-date, and Snap Inc. (SNAP) has dropped 80%. Furthermore, CloudFare (NET) lost 71% in 2022, followed by Roblox Corporation (RBLX) and Snapchat…

Bitcoin payday? Crypto to revolutionize job wages… or not – Cointelegraph Magazine

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Speaking at a Chamber of Digital Commerce panel discussion in late February, City of Miami Mayor Francis Suarez noted that his city’s employees, like others, are worried about the “potential devaluation of the dollar,” so he proposed to the Miami City Commission a resolution to allow “our employees to take a percentage of their salaries in Bitcoin if they so desired.” After all, notes Suarez, “The highest-paid player in the National Football League” — Carolina Panthers offensive tackle Russell Okung — won’t be earning the most because he’s the best…

Uniswap payday, ETH transactions hit record high & EU backs stablecoins

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Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers!   Top Stories This Week   Frenzy as Uniswap launches new governance token Uniswap stole the show this week when it announced it was launching UNI, its very own governance token. A total of 1 billion tokens will exist, and anyone who has ever used the platform can claim 400 of them. Thousands came forward to accept their reward, and at one point, the airdrop was worth a cool $3,356.…

Boeing’s CEO will Get a Fat Payday if the 737 MAX Returns

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Boeing’s CEO, David Calhoun, will enjoy a massive payday when the Boeing 737 MAX returns to service. His compensation package includes bonuses that will activate when the plane is ungrounded. Is Boeing incentivizing Mr. Calhoun to rush the 737 MAX back into service and put profits over safety? Despite criticism from U.S lawmakers, Boeing CEO David Calhoun stands to enjoy a massive payday when the grounded 737 MAX returns to service. That’s because of special clauses in the executive’s compensation agreement that give him multi-million dollar bonuses when he achieves…

How Savvy Traders Gamed Coinbase’s Latest Crypto Listing for a 35% Payday

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If there’s money to be made in the crypto markets, you can bet traders will be the first on the scene. Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the “Coinbase effect” on display when ZRX surged nearly 40 percent on the news. That perhaps isn’t so much of a surprise. Coinbase is the largest U.S. cryptocurrency exchange by volume, and recently valued at $8…

How Savvy Traders Gamed Coinbase’s Latest Crypto Listing for a 35% Payday

boss

If there’s money to be made in the crypto markets, you can bet traders will be the first on the scene. Such was the case at least last week, when Coinbase Pro, the cryptocurrency trading platform operated by San Francisco startup Coinbase, announced it would list the cryptocurrency 0x (ZRX), a move that put the “Coinbase effect” on display when ZRX surged nearly 40 percent on the news. That perhaps isn’t so much of a surprise. Coinbase is the largest U.S. cryptocurrency exchange by volume, and recently valued at $8…