Malaysia has joined the growing cadre of nations that are exploring the value of researching and developing a central bank digital currency (CBDC).Malaysia’s central bank, Bank Negara Malaysia, stated to Bloomberg on Jan. 17 that while a decision about exactly how to move forward with a CBDC has not yet been determined, it has focused research on a CBDC “via proof-of-concept … [Read more...] about Malaysia’s Central Bank actively assessing CBDC options
Options
Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
While a correlation between equities and crypto has become more apparent during the last year, Singapore’s QCP wrote that there is a limit to this correlation because of the increasing importance of the crypto options market.As the bitcoin and ether markets followed the bearish sentiment of the equities market as the week began, bitcoin and ether tumbled below $40,000 and … [Read more...] about Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
Bitcoin’s Options Market Trims Bearish Bias as US Inflation Report Looms
"After a quiet start to the year with options open interest coming off significantly from December, volumes started to pick up last night with several large short-dated options trading overnight," Patrick Chu, director of institutional sales and trading at over-the-counter tech platform Paradigm, told CoinDesk in a Telegram chat. "Over Paradigm, we saw several large interests … [Read more...] about Bitcoin’s Options Market Trims Bearish Bias as US Inflation Report Looms
First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry
(Edited by James Rubin and Greg Ahlstrand)Good morning. Here’s what’s happening:Market moves: Bitcoin slumps below $48,000, as December’s options expiration nearsTechnician’s take (Editor’s note): Technician’s Take is taking a hiatus for the holidays. In its place, First Mover Asia is publishing CoinDesk reporter Sanadali Handagama’s interview with European Parliament member … [Read more...] about First Mover Asia: Bitcoin Slumps to Below $48K Ahead of $6B Options Expiry
Eqonex CEO Steps Down Amid Talks of Potential Merger Options
The CEO of digital assets financial services firm Eqonex is to step down as the company holds talks on a potential merger or takeover.CEO Richard Byworth will step down with immediate effect and be replaced with chief operating officer Andrew Eldon on an interim basis, Eqonex announced Monday.Eqonex is“engaged in ongoing strategic discussions with third parties including the … [Read more...] about Eqonex CEO Steps Down Amid Talks of Potential Merger Options